This section is crucial for understanding the shift from the license-permit raj to an open economy. The book details the Industrial Policy Resolutions of 1948, 1956, and 1991. It analyzes the growth of the public sector and the eventual shift towards privatization and disinvestment.
: Analyzes the Indian economy across five major sections: basic institutional framework, growth/poverty issues, agriculture, industry/services, and the financial/external sector. Authoritative Essays Uma Kapila Indian Economy Since Independence Pdf
The UPSC mains exam requires an analytical approach. This section is crucial for understanding the shift