At the core of the reforms programme initiated by the Indian Government in 1991 was the deregulation of the financial sector, perhaps the most controversial and difficult aspect of structural adjustment in developing countries. This book analyses the process of liberalization in the financial sector, with a detailed examination of the changes in each segment (banks and development finance institutions) and market (money, credit and capital) and hypothesizes ...
This comprehensive set of industry studies in post-reforms India intensively reviews the performance of Indian industry in the 1990s. It traces the policy history and technological conditions faced by individual industries, and outlines the performance parameters in a freer market economy. Extensive information on key Indian industries is presented using ten select sectors-tea, tobacco, textiles, fertilizers, pharmaceuticals, steel, computer hardware, ...