Economic problems of modern India

The Indian economy is passing through a critical phase. India undergoes progressive population explosion, giving rise to a host of persistent problems and rendering our planned efforts null and void.

Our experience is that the more the plans are over, the more the people are pushed below the poverty line, the more are unemployed and the more are rendered landless and homeless. The majuscule is caught up in the interlocking vicious circle of poverty-ill-nourished, ill-clothed and ill-housed. In spite of the implementation of half-a-dozen Five-Year Plans, our economic progress is oscilating between euphoria and despair, between brightness and bleakness Currently we find ourselves in the camp of underdeveloped countries, behind over hundred nations with 40-50 times less per capita income than those of industrial market economies.

This book analyses the leading problems of modern India such as over population problem, food problem, unemployment problem, price problem, problem of black money, problem of agriculture, industry......which grow Knotty day by day.

The student of economics must come to intellectual grips with these grave problems. He must be able to make a transition from the study of theoretical material to the analysis of the issues besetting the econony. The laymen also, in order to take wise decision on many economic controversies of the day, need to see problems in their proper perspective. All need facts, insight and all must be aware of alternative solution. This book is a torch. to all such people.