The "Indian Economy" by Mishra and Puri is a well-known textbook that provides an in-depth analysis of the Indian economy. Here are some key features of the book:
It addresses the paradox of high output versus low farmer income and the necessity of a "Second Green Revolution." Indian Economy By Mishra And Puri Pdf Download
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Liberalization, Privatization, and Globalization (LPG)
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. The "Indian Economy" by Mishra and Puri is