Indias Policy Milieu, Economic Development, Planning And Industry

This collection of articles was written by the eminent economist Professor S. K. Goyal under an era of different political-economic context of planning. It is of continuing relevance to the ongoing debate on issues including: the vastly increased role of foreign capital, restructuring of public sector, financial sector transformation, crony capitalism, endemic trade imbalances, and functioning of new regulatory bodies that characterize India’s transition to the new economic policy regime. This book helps explain the development process of the Indian economy.

S. K. Goyal taught in Deshbandu College, Kirori Mal College, and the Indian Institute of Public Administration (IIPA) where he was professor of economics and public policy. He founded the Corporate Studies Group at IIPA, which was later transformed into the Institute for Studies in Industrial Development (ISID), New Delhi. He is currently emeritus professor and vice chairman of ISID. He pioneered the building of extensive databases on the Indian corporate sector and Indian social science literature and a press clippings archive. He was associated with a number important official committees: Study Team on Machinery for Planning at the Central and State Levels, Industrial Licensing Policy Inquiry Committee, and the Research Advisory Committee, Planning Commission, Government of India, in the rank of cabinet minister.