Abstract
Towards the mid-eighties of the last century, there was considerable discomfort in India with the then received plan models and awareness that newer tools of strategic policy making were required. The received models were of closed economies, prices were not a part, the intervention variables were largely quantitative and more generally behavioral relations were not a part of the arguments (see Alagh in Indian development planning and policy. WIDER Studies in Development Economics, Helsinki, Delhi, Vikas, 1991, Ch. 4 for a description, also Alagh in Enterprise linkages and quality jobs. International Labor Organization, 2008).
Some of the material reproduced in this chapter is from the author’s papers published in The Indian Journal of Labour Economics and The Financial Express with due acknowledgement. It is reproduced with permission of the Editors.
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Alagh, Y.K. (2018). Industry. In: Economic Policy in a Liberalising Economy. SpringerBriefs in Economics. Springer, Singapore. https://doi.org/10.1007/978-981-13-2817-6_4
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