Written by an experienced teacher and scholar, this comprehensive text book provides an analytical overview of the main trends, policies, performance, advances, and debates around India's post independence economy. Each chapter provides a thorough examination of a key issue that has impacted the evolution of the Indian economy and discusses policies adopted to tackle these problems. Themes discussed include:macroeconomic policy,industrialisation and trade,foreign aid and investment,social development,fiscal policy and poverty.The text also includes numerous tables and illustrations, textboxes summarizing topical issues and suggestions for further reading.Providing students with a theoretical framework to understand and interpret complex developmental issues, India's Economy is an important resource for courses on Indian economics, South Asia, development economics and development studies.