Indian planning at the cross-roads.
Material type:
- 195629582
- 338.9 DAT
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Bhabatosh Datta is Emeritus Professor of Economics, Presidency College, Calcutta. There are few Indian economists who have not benefited directly or indirectly from the rich tradition of teaching and research in Economics that Professor Datta has helped create.
In his Introduction to this volume of essays, Professor Datta traces the path taken by the Indian economy during the four decades from 1950 to 1990, and evaluates India's economic performance.
The essays which follow together constitute a running commentary on the problems of the Indian economy during 1985-90. The author here deals with such topical issues as monetary reform, fiscal deficits, export performance, import policy, external debt, IMF adjustments, World Bank loans and devaluation. The other issues discussed include the phenomena of commissions, kickbacks and bribes, the impact of black money, nationalized banks and their performance, and the public sector vs. the private sector.
The Epilogue, written in August 1991, contains Professor Datta's comments on the economic policy changes initiated by the new Government.
The book is written in an informal style which will be accessible to the general reader. It will provide him with helpful insights into the workings of the Indian economy.
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