Economic Survey of India 1947-48 to 2008-09

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This Book Provides a comprehensive description and analysis of developments in various sectors of Indian economy since independence. It particularly focuses on the following sectors: agriculture, industry, fiscal policy, money and prices, banking and finance, foreign trade. Year-wise (1947-48 to 2008-09) review of developments in these sectors of the economy is another key feature of the book. It also provides time series data on Indian economy. The is organized into 8 parts. Part I is introductory in nature, tracing the main developments in the Indian economy since independence in 1947. Part ii traces the developments in Indian agriculture during the post-independence period and examines current issues pertaining to this vital sector of the Indian economy. Part iii is devoted to Indian industry. It records changes in Industrial policy during the post-independence period, explains the key reform measures undertaken for making Indian Industry internationally competitive and examines current issues pertaining to this sector. Part iv covers fiscal policy. It provides an account of fiscal developments in India since independence and explains the fiscal police reforms during the post-liberalisation period with particular emphasis on tax reforms. Part v traces the evolution of Indiaâ€™s monetary policy and price policy. Part vi deals with banking and finance. It explains developments in Indiaâ€™s financial system with particular emphasis on post-1991 reforms. Part vii describes and examines changes in the pattern of foreign trade since independence, with focus on developments since 1991. Part viii contains time series data on the Indian economy. This book is designed to interest a cross-section of readers, viz. teachers and students of economics, commerce, law, public administration, business management, charted accountancy and company secretaryship. It will also serve the needs of legislators, business executives, entrepreneurs and investors, and other interested in the developments in the Indian economy.

ABOUT THE AUTHOR Chandra Shekhar Prasad

Dr. Chandra Shekhar Prasad, M.A., Ph.D. in Economics, was a Lecturer in Bhagalpur University from 1967. He joined the Indian Economic Service (IES) in 1969. As a Member of IES, he held important posts in the Planning Commission, and Union Ministries of Industry, Agriculture, Defence, Home Affairs, Finance, and Small Scale Industries. He was Economic Adviser in the Office of Development Commissioner, Small Scale Industries (DCSSI) from October 1992 to August 1995, and Additional Development Commissioner and Economic Adviser from August 1995 to June 2004. He had been instrumental in the formulation of the Credit Guarantee Scheme and the successful conduct of the Third All India Census of Small Scale Industries in the country. Dr. Prasad was Professor and Head of the Department of Economics at Lal Bahadur Shastri National Academy of Administration, Mussorie, from 1988 to 1991. He has authored a book titled State Taxation in India which was published in 1997. Besides, he has contributed over hundred articles to various journals. He has visited a large number of countries to attend international conferences, representing India. Dr. Prasad recently retired from the post of Additional Development Commissioner and Economic Adviser in the Office of DCSSI, Ministry of Small Scale Industries, Government of India, New Delhi.