Pulin B. Nayak, Economic Development of India

Abstract

Abstract. The paradigm shift in economic policy in the 1990s elicited a tremendous interest in the pace and pattern of economic development of India. Indian economic policies as also the process of her development is being closely monitored and written about by academics, global institutions, think tanks, media, political analysts and civil society within and outside the country. The development issues of erstwhile British colonies did not attract adequate academic attention for the most part of the twentieth century. A four volume compendium of 75 papers giving a comprehensive account of the development process of the Indian economy by Pulin Nayak is a timely and valuable contribution to the pool of studies being carried out on India in different parts of the globe. Introduction to the four volume book reflects the scholarship of the author, which will be of immense academic value to anyone who is interested in the historical backdrop of the development path chosen by the Indian leaders after Independence of the country in 1947. It builds on the discourse of development economics for low income countries.

Keywords. Economic Development, Indian economy.

JEL. F60, F63, I15, I25, N01, O00, O10.