Abstract
Economic development going well beyond growth has been the principal agenda of each and all of the governments in India since it became independent more than six decades ago. Many factors, including, in particular, the fact that India chose to follow a democratic political system and that the state was agreeably destined to play a vital role in the social, political and economic development of the country, have been critical in shaping the State of the Nation at different times. The country, unavoidably, went through phases of development, retardation and crises from time to time until 1991 when a totally new paradigm had to take over. The last book that Professor Suresh Tendulkar wrote, co-authored by Professor Adi Bhavani, brings it all out remarkably well. No wonder, after all Suresh was a critic, a witness as well as an important contributor to the process of policy formulation for many years. The book is a must read for those all interested in India’s development.
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Notes
- 1.
Having received a copy of the first edition of the book autographed by Suresh soon after it was published in 2007, I had the privilege to read the book and find how excellent it was in its coverage and depth. Without much delay I felt inclined to convey to him how outstanding the work was, giving me a chance for even deeper interaction with him on complex issues bothering us all.
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I have had the privilege and honour of working with Professor Tendulkar at the National Statistical Commission and in the Reserve Bank of India. This has given me the opportunity of fruitfully interacting with him on many issues and to learn many things.
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© 2017 Springer Science+Business Media Singapore
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Reddy, Y.V. (2017). Understanding Economic Reforms for India: A Book Review. In: Krishna, K., Pandit, V., Sundaram, K., Dua, P. (eds) Perspectives on Economic Development and Policy in India. India Studies in Business and Economics. Springer, Singapore. https://doi.org/10.1007/978-981-10-3150-2_2
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DOI: https://doi.org/10.1007/978-981-10-3150-2_2
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