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Covering land reforms, the Green Revolution, agricultural credit, and subsidies, the text examines why agriculture’s share in GDP has fallen while employment remains high. Issues of low productivity, fragmented landholdings, and farmer distress are critically evaluated.
Written by renowned economists SK Mishra and VK Puri, this textbook has been a staple in academic circles for decades. Unlike introductory texts, it offers a deep, analytical dive into the structural mechanics of India's development. It successfully bridges the gap between theoretical economic concepts and practical policy applications. Indian Economy By Mishra And Puri Pdf Download
"Indian Economy" by Mishra and Puri is a comprehensive textbook that provides an in-depth analysis of the Indian economy. The book covers various aspects of the economy, including economic development, growth, poverty, inequality, and employment. The authors, who are renowned economists, have presented the subject matter in a clear and concise manner, making it easy for students to understand.
While searching for a free PDF version of this textbook is common, it carries significant disadvantages: Written by renowned economists SK Mishra and VK
A central portion of the book is devoted to the 1991 economic crisis and the subsequent LPG reforms. Mishra and Puri analyze how dismantling the license raj, opening FDI, and reducing tariffs transformed India’s growth trajectory. They critically assess the impact on agriculture, industry, and the service sector, noting both growth acceleration and rising inequality.
Separate chapters explain the RBI’s role, monetary policy frameworks (inflation targeting), banking sector reforms (NPAs, recapitalization), fiscal discipline (FRBM Act), GST implementation, and union-state fiscal relations. "Indian Economy" by Mishra and Puri is a
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It spans from pre-independence economic history to contemporary structural reforms.