Here’s the new, 21st Edition of the widely accepted textbook on Indian Economy for undergraduate students (BA/BCom/Hons) incorporating the latest recommended readings.

The book provides a comprehensive coverage of Indian economy under six sections:

1. Basic issues in economic development: institutional framework and policy regimes.

2. Growth and distributional issues: poverty, inequality and employment.

3. Current perspectives in Indian agriculture: growth, productivity, constraints and pricing.

4. Industry and service sector.

5. Financial sector and external sector.

6. Indian economy today: an overview and comparative perspective including Covid-19 and its impact on global and Indian economy.

The author Dr. Uma Kapila has specially designed this book based on the latest original readings recommended for undergraduate courses, some of these being available in her edited books: Indian Economy Since Independence, 31st Edition (2020–21), Indian Economy-II: Macroeconomic Policies, Sectoral Developments and Performance (2019 Edition) and Indian Economy: Economic Development and Policy (2018–19 Edition).

In the present volume, author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses. The book also carries a comprehensive glossary and select bibliography.

Apart from undergraduate students, the book is widely used by students preparing for the IAS and other competitive examinations.

Dr. Uma Kapila, author/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Editorial Director, Academic Foundation.