Introduction -- Stabilization policy -- Fiscal policy and trade policy -- Financial sector reform -- Industrial policy and factor markets -- The social sectors, poverty, and reform -- Summary and afterthoughts.

Focusing on the economic reforms introduced after the financial crisis of 1991, this is a follow-up study to an earlier work tracing India's economy up to 1991. The authors examine the different areas of the economy and outline the successes and effects of reform measures.

Introduction -- Stabilization policy -- Fiscal policy and trade policy -- Financial sector reform -- Industrial policy and factor markets -- The social sectors, poverty, and reform -- Summary and afterthoughts.

The Indian Economy Since 1991: Economic Reforms and Performance is the outcome of a collaborative effort by 28 experts who have made significant contributions in research toward the Indian economy. Using a data-based, analytical approach to key economic issues and problems, coupled with extensive coverage and a critical and in-depth analysis of the developments in all major sub-sectors of the Indian economy, this edited volume examines the impact of the reforms on various fronts such as economic performance, employment, unemployment, planning process, financial and fiscal sectors, external sector, agriculture, industry, infrastructure, health, education, poverty and federal finance since 1991.

The Indian Economy Since 1991: Economic Reforms and Performance is an edited volume, based on the UGC’s model curriculum for ‘Indian Economic Policy’, meant for all universities in India. Each chapter is contributed by an expert in the specific area being addressed, and this book presents the policies formulated in each sector or sub-sector, and the resultant changes, during the post-reform period (1991-2008). This volume examines the impact of economic reforms on fronts as varied as the fiscal situation of government of India, state finances, money, capital market, external sector, agriculture, industry, power, health, education, employment, unemployment and poverty.

This book takes issue with existing theories of the relationship between democracy and economic liberalisation.

Since 1991, the Indian economy has been exposed to economic liberalization and globalization in line with structural adjustment and stabilisation policies initiated by IMF and World Bank. This analysis outlines the controversial shift in Indian economic policy from State-oriented development strategy to market-oriented development that leaves decisions of production and distribution to be made by the market.