Preface
Introducing Macroeconomics
Growth, Development, and Income Distribution
Demand Management Policies
Inflation and Unemployment
Reforms in India
Trade
External Account and Exchange Rates
India and the WTO
Index

This lucid and concise overview of India’s macroeconomy presents a comprehensive assessment of governmental policies and measures crucial to economic growth and stability. Thematically structured, the book discusses the demand- and supply-side factors affecting India’s economy, poverty and inequality projecting remedial measures, fiscal and monetary policy, budget constraints, unemployment and inflation, the post-liberalization era and its effects on the labour and capital markets, future reforms in the economy, and trade and external sector.

Grounded in the Indian context with extensive case studies, illustrations, and examples, it relates economic theories to real-world
economics.