Indian economy went through a lot of ups and downs in the past 75 years because of the shift in ideologies and hence rapid policy changes. Nevertheless, we have come a long way from socialistic command and control policy making to "License permit and quota raj" to the most recent market facing liberal set of policies post 1991.
Every policy shift till 1991 was driven by domestic issues and requirements rather than aspirations and export facing interests.
This is majorly due to colonial hangover after getting looted for 200 years and a close affinity towards the soviet model and its welfare state concept!
This book by Mr. Sanjay Baru is a simple introduction of all that happened in Indian economy over past century, the rationale for it and the implications thus. Its a page turner with no troubling graphs and complex data dump! This is for any layman who is interested in the India's economic Journey, the factors, people and conditions which influenced it.
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