Reforming Indian economy: the Narasimha Rao and Manmohan Singh era

This book gives a balanced and impartial account of the economic reforms-praising the Prime Minister and the Finance Minister for their positive achievements and criticising them for their failure in some respects.
The author has also highlighted the gains that the economy has derived from the reforms, such as the impressive improvement in the balance of payments, restoration of investors' confidence, large flow of foreign capital in various forms and the steps taken to strengthen the infrastructure. It focusses attention on the deficiencies in implementing the reforms, including attention to agriculture, maintenance of status quo in labour laws, persistence of poor performance of the public sector, failure to check inflation effectively and to tackle the problems of poverty and unemployment with greater speed and seriousness.
A highly informative study, it includes a lot of statistics from official sources, both in the text and in the appendix. The keen interest that the Indian economic reforms have created make this work well sought after not only by economists, but also by both the general reader in India and abroad.