The central theme of this paper is that the Indian economy has been remarkably resilient and been able to adapt its quest for growth to changes in circumstances in both the domestic and the global economy and is now poised for sustained progress. At the time of independence after centuries of...

The political economy of India's economic growth is an issue of abiding interest. Higher and sustained economic growth has, all over the world, been the surest and most time tested means of raising living standards and reducing poverty. Further, given that it is a functioning democracy, economic...