Description

India initiated macroeconomic stabilization measures and structural reforms in July 1991 and since then the reform process has been refined and elaborated. The economic growth in India during the reform period has been generally regarded as "good" but not "sufficiently inclusive". These concerns necessitate a detailed stock taking of India's economic policies and its outcome over the reform period to identify its success and failures and suggest for restructuring the economic policies to achieve a higher, sustainable and sufficiently inclusive growth rate in future. This edited book examines the impact of the economic reforms on various fronts since 1991. It contains thirty seven articles divided into five sections viz.; section I: growth, poverty, unemployment and reforms; section II: economic reforms and Indian agriculture; section III: sectoral and regional issues; section IV: banking and financial sector reforms; and section V: India's external sector reforms. The book is useful for the students of various disciplines who have interest in the subject and are involved in the research and development.