CONTENTS
PART 1
ECONOMIC DEVELOPMENT: A THEORETICAL BACKGROUND 1-46
Part I: Summary Statistics 2
1. Economic Growth, Development and Underdevelopment 3-15
2. Economic and Human Development 16-28
3. The Environment and Development 29-46
PART II
STRUCTURE OF THE INDIAN ECONOMY 47-222
Part II: Summary Statistics 48
4. Colonialism and Underdevelopment of the Indian Economy 49-58
5. Nature of the Indian Economy 59-69
6. Natural Resources 70 — 81
7. Infrastructure 82 — 104
8. The Population Growth and Economic Development 105 — 122
9. Some Demographic Issues 123 — 133
10. Human Resource Development 134 — 146
11. Labour Force Growth and Occupational Pattern 147 — 156
12. Employment and Unemployment in India 157 — 175
13. Capital Formation in India 176 — 186
14. National Income of India: Macroeconomic Overview 187 — 197
15. Poverty in India 198 - 211
16. Income Distribution in India 212 — 222
PART III
BASIC ISSUES IN AGRICULTURE 223 - 340
Part III: Summary Statistics 224
17. Indian Agriculture: Role, Nature and Cropping Pattern 225 — 231
18. Issues in Indian Agricultural Policy and Rural Development 232 — 247
19. Agricultural Production and Productivity Trends 248 — 254
20. Land Reforms 255 - 268
21. Agricultural Inputs and Green Revolution 269 — 286
22.Agricultural Finance and Marketing 287 — 307
23.Agricultural Prices and Agricultural Price Policy 308 — 315
24.Agricultural Subsidies and Food Security in India 316 — 331
25.Agricultural Labour 332 — 340
PART IV
THE INDUSTRIAL SECTOR AND SERVICES IN INDIAN ECONOMY 341 - 456
Part IV : Summary Statistics 342
26.Industrial Development During the Planning Period 343 — 357
27.Some Major Industries of India 358 — 368
28.Small-Scale and Cottage Industries 369 — 380
29.IIndustrial Policy 381 — 390
30.Public Sector in the Indian Economy 391 — 401
31.Privatisation of Public Sector Enterprises:
32.The Disinvestment Programme in India 402 — 411
33.Private Sector in the Indian Economy 412 — 422
34.Industrial Sickness in India 423— 430
Labour Relations, Social Security and Exit Policy 431 — 439
35. Services Sector in Indian Economy 440 — 456
PART V
FOREIGN TRADE AND FOREIGN CAPITAL 457 - 559
Part V : Summary Statistics 458

36. India's Foreign Trade: Value, Composition and Direction 459 — 471
37. India's Balance of Payments 472 — 483
38.Trade Policy of the Government of India 484 — 501
39.Foreign Capital and Aid 502 — 517
40.India's Exchange Rate Policy, Foreign Exchange Reserves and Capital Account Convertibility 518 — 527
41.Multinational Corporations, FERA and FEMA 528 — 534
42.Globalisation and its Impact on the Indian Economy 535 — 541
43. WTO and India 542 — 559
PART VI
MONEY AND BANKING 561 - 638
Part VI: Summary Statistics 562
44.Price Trends and Inflation 563 — 574
45.Indian Money Market 575 — 585
46.Commercial Banking in India 586 — 600
47. The Reserve Bank of India 601 — 611
48.Capital Market in India 612 — 626
49.Institutional Financing 627 — 638
PART VII
PUBLIC FINANCE 639 - 703
Part VII: Summary Statistics 640
50.The Indian Tax Structure 641 — 655
51.Public Expenditure in India : Trends and Issues 656 — 665
52.Public Debt in India 666 — 673
53.India's Fiscal Policy 674 — 684
54.Federal Finance in India — Centre-State Financial Relations 685 — 703
PART VIII
ECONOMIC PLANNING AND POLICY 705 - 805
Part VIII: Summary Statistics 706
55.Economic Planning — Rationale, Features and Objectives 707 - 718
56.The Strategy of Planning 719 — 730
57.Resource Allocation - Investment Pattern in Indian Plans 731 — 739
58.Financing of Five Year Plans 740 — 751
59.Regional Planning in India 752 — 763
60.Assessment of Indian Planning 764 — 782
61. Economic Reforms and Liberalisation 783 — 795
62. Eleventh Five Year Plan 796 — 805
Selected Readings 806 — 824