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Understanding India's Economic Reforms 
Set of 6 Volumes
Authentic, Analytical & Informative Study
Editors : RAJ KAPILA & UMA KAPILA;
Hard bound book;  Pages : 352
1996 Edition; ISBN - 81-7188-105-X
Price : Rs. 4995.00 ; US $ 250.00
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About The Book :

Everything You Wanted to Know about reforms ... While there have been a number of publications on India's experience at reform, seldom has there been a comprehensive effort to catalogue the myriad policy changes, criticisms and new ideas which have occupied India's economic terrain. The Volumes under review seek to accomplish just this in a fine and exquisite fashion.
The Academic Foundation has put together a set of six volumes which are perhaps the finest companion to understanding the entire process of economic reforms in India. The essays in the volumes cover a huge rubric and indeed, the entire publication is an Extremely ambitious and well-crafted venture. While the first volume contains the various policy documents of Government of India, the remaining five contain in them articles of exceptional scholastic brilliance.

THE HINDUSTAN TIMES
New Delhi
 

CONTENTS of the 6 volumes include :

 
Analytical Articles...
 
1. Introduction
 
2. Understanding India's Economic Reforms
Raj Kapila
Director & Chief Editor, Academic Foundation, Delhi
 
3. Economy Today : An Overview
 
4. 10th Finance Commission Report : 1995-2000
 
5. Indirect Taxation : Rekhi Committee Recommendations
 
6. National Telecom Policy, 1995
 
7. National Mineral Policy
 
8. New Drug Policy, and New Drugs Price Control Order, 1995
 
9. Exim Policy 1992-97 : Amendments April & May 1995
 
10. Union Budget : 1995-96
 
11. Union Budget : 1993-94
 
12. Union Budget : 1993-94
 
13. New Credit Policy (May-Oct. 1995)
 
14. The Arbitration and Conciliation Bill, 1995
 
15. The Mines and Minerals, (Regulation & Development) Amendment Ordinance, 1994
 
16. The Air Corporation Act, 1994
 
17. Statistical Profile of Indian Economy
 
Introduction
Uma Kapila
Reader in the Department of Economics, Miranda House, University of Delhi
 
After One Year of Structural Reforms in Indian Economy
Manmohan Singh
Ex-Finance Minister, Govt. of India
 
Historicity of Structural Reforms and Present Political Ambience
Raj Kapila
Director & Chief Editor, Academic Foundation, Delhi
 
18. Constraints on Growth
P.N. Dhar
Professor Emeritus, Formerly : Chairman, Institute of Economic Growth
 
19. The U-Turn in India's Development Strategies
A.M. Khusro
Economist ; Ex-Member, Planning Commission, Consulting Editor, Financial Express
 
20. Indian Development Strategy
T.N. Srinivasan
Chairman and Professor, Economic Growth Centre, Yale University, U.S.A
 
21. Economic Reforms : Why We Need Them ?
T.N. Srinivasan
Chairman and Professor, Economic Growth Centre, Yale University, U.S.A
 
22. Declining Incidence of Poverty in 1980s
B.S. Minhas
Distinguished Scientist Emeritus, ISI; Formerly, Member Planning Commission, Govt. of India
L.R. Jain
Professor, Indian Statistical Institute, New Delhi
S.D. Tendulkar
Professor, Delhi School of Economics
 
23. Evolving an Employment Policy for 1990s
Pravin M. Visaria
Director, Institute of Economic Growth, Delhi
B.S. Minhas
Distinguished Scientist Emeritus, ISI; Formerly, Member Planning Commission, Govt. of India
        
24. Monetary Policy and Interest Rates
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
25. Saving in India
Bimal Jalan
Governor, Reserve Bank of India, Mumbai ; Formerly : Member-Secretary, Planning Commission, Govt. of India
 
26. Productivity & Growth in Indian Manufacturing
Isher Judge Ahluwalia
Research Professor, Centre for Policy Research, New Delhi
 
27. New Industrial Policy
J.C. Sandesara
Former Director, and Professor (Retd.), Deptt. of Economics,University of Mumbai ; earlier at IIM, Ahmedabad
 
28. New Small Enterprise Policy
J.C. Sandesara
Former Director, and Professor (Retd.), Deptt. of Economics,University of Mumbai ; earlier at IIM, Ahmedabad
 
29. Maximising Foreign Investment
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
30. Public Versus Private Sector
B.S. Minhas
Distinguished Scientist Emeritus, ISI; Formerly, Member Planning Commission, Govt. of India
 
31. Trade Policy & Industrialisation in India
Isher Judge Ahluwalia
Research Professor, Centre for Policy Research, New Delhi
 
32. Reform of Industrial and Trade Policies
T.N. Srinivasan
Chairman and Professor, Economic Growth Centre, Yale University, U.S.A
 
33. Output and Employment Effects of Recent Changes in Policy
Ashok V.Desai
Consulting Editor, Business Standard ; Ex-Chief Economic Consultant, Ministry of Finance, Govt. of India
 
34. Recent Exchange Rate Adjustments
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
35. Foundations for Sustained Economic Growth in India
Manmohan Singh
Ex-Finance Minister, Govt. of India
 
36. An Interim Assessment of Economic Reforms in India
P.N. Dhar
Professor Emeritus, Formerly : Chairman, Institute of Economic Growth
 
37. India's Economic Reforms
T.N. Srinivasan
Chairman and Professor, Economic Growth Centre, Yale University, U.S.A
Jagdish Bhagwati
Professor, International Economic Research Centre, Columbia University, U.S.A.
 
38. Indian Economy at the Crossroad Illusions and Reality
Deepak Nayyar
Professor, Jawaharlal Nehru University, New Delhi ; Formerly, Chief Economic Advisor, Minister of Finance, Govt. of India
 
39. Effects and Future Dirrection of Economic Policy Reform
A.M. Khusro
Economist ; Ex-Member, Planning Commission, Consulting Editor, Financial Express
 
40. Macro Economic Linkages in the Indian Economy : Interlinks Between Imports, Output, Exchange Rate and External Debt
D. Anjaneyulu
Director, Deptt. of Economic Analysis & Policy, Reserve Bank of India, Mumbai
 
41. Indian Economic Reforms in the Context of Emerging Global Economy
C.T. Kurien
Director, Madras Institute of Developments Studies, Chennai
 
42. Economic Liberalisation : Lessons for China
Isher Judge Ahluwalia
Research Professor, Centre for Policy Research, New Delhi
 
43. Banking Sector Reform
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
44. India's Transformation : A Generational Commitment Required
Gautam S. Kaji
Managing Director, The World Bank
 
45. India Poised for Take-off ? Reforms in Trade, Industry and Agriculture : Stock-Taking and Future Challenges
Ashok Gulati
Professor, NABARD Chair, Institute of Economic Growth, Delhi
Rajesh Chadha
Reader, Hindu College, University of Delhi
 
47. Role of Economic Planning in India in the 1990s and Beyond
V.M. Dandekar
President, Indian School of Political Economy, Pune
 
48. Impact of Liberalisation on Foreign Direct Investment
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
49. Foreign Trade Policies and India's Development
T.N. Srinivasan
Chairman and Professor, Economic Growth Centre, Yale University, U.S.A
 
50. India's Balance of Payments : The Emerging Dimensions
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
51. Indian Agriculture : Emerging Perspectives and Policy Issues
Ashok Gulati
Professor, NABARD Chair, Institute of Economic Growth, Delhi
C.H. Hanumantha Rao
Chairman, Centre for Economic and Social Studies, Hyderabad ; Formerly : Member, Planning Commission, Govt. of India
 
52. Imperatives of Banking in India
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
53. Liberalising Interest Rates
R.N. Malhotra
Chairman, Indian Council for Research in International Economic Relations ( ICRIER ), Formerly : Governor, Reserve Bank of India
 
54. The Financial Sector and Economic Reforms in India
Arjun Sengupta
Professor, Jawaharlal Nehru University, New Delhi ; earlier : Member Secretary, Planning Commission, Govt. of India, New Delhi
 
55. Indian Financial System : The Emerging Horizon
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
56. Transformation of the Indian Financial System and the Significance of Credit Rating
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
57. Indian Capital Markets : Problems, Prospects and Agenda for Reform
C. Rangarajan
Governor, Andhra Pradesh ; Ex-Governor, Reserve Bank of India
 
Documents & Report...
 
58. Economy Problems & Prospects
59. Public Finances
60. Prices & Distribution
61. Eight Five Year Plan : Objectives, Orientation and Development Perspectives
62. Population : 1991 Census
63. Urbanisation
64. Finance Minister's First Economic Policy Statement (Budget Speech 1991, Part A)
65. Union Budget Statement ( 1992 )
66. Tax Reforms : Chelliah Committee Report ( Summary )
67. August '91 Memorandum of Economic Policies for 1991-92-93
68. Revised Memorandum of Economic Policy ( June, 1992 )
69. Text of Policy Letter to World Bank
70. Balance of Payments
71. Five-Year Export-Import Policy Announced on March 31, 1992
72. Exim Policy Changes (July 1992)
73. New Industrial Policy, July 1991
74. New Small Sector Industrial Policy (August 1991)
75. Narsimaham Panel Report on Banking & Financial System
76. Editor's Introduction
77. First Two Years of Economic Reforms
78. The Next Three Years of Reforms : The Task Ahead
79. Public Sector Commercial Banks and Financial Sector Reforms (December, 1993)
80. Chelliah Committee Final Report on Tax Reforms (1993)
81. Rangarajan Committee Report on Disinvestment of Shares in Public Sector Enterprises (1993)
82. Fiscal and Budgetary Developments : 1991-92 to 1994-95
83. Prices and Public Distribution System
84. Developments in Social Sectors
85. Developments in Infrastructure
86. Agriculture : Production - Performance and Inputs
87. Industrial Policy Reforms and Industrial Development
88. Industrial Sickness and Corporate Restructuring
89. Dimensions of Industrial Sickness
90. Barriers to Corporate Restructuring
91. Industry in the Eighth Plan : 1992-97
92. Recent Developments in External Sector
93. Indian Securities Market : Agenda for Development and Reform
94. Developments in the Monetary and Financial System : 1991-92 to 1994-95
95. Narasimham Committee Report on the Financial System
96. Janakiraman Committee Report on Securities Transactions
97. Malhotra Committee Report on Reforms in the Insurance Sector
98. Banking Companies (Acquisition & Transfer of Undertakings) Amendment Act, 1994
 

EDITORS :

RAJ KAPILA :

Raj Kapila is the Director and Chief Editor of Academic Foundation, Delhi. He has written extensively and is also the author the following publications : The story of Industrialisation : Industries the world Over ( 1962 ), The Time Demands : A politico-Economic Analysis of Present-day India ( 1966 ), India at Cross : After 25 years of Independence ( 1972 ). Recently he co-edited with Dr. Uma Kapila, a six volume study entitled Understanding India's Economic Reforms. This was very well received and consequently led to the evolution of the concept of " updates " on Indian Economy. Together, they have also edited banking & Financial sector Reforms in India ( 6 vols.,1998). Presently, he is co-editing with Dr. Uma Kapila book series entitled Economic Developments In India.

 
Uma Kapila :

Uma Kapila is Reader in the Department of Economics, Miranda House, University of Delhi. she has been a keen student of current Indian economic problems and has been teaching this subject to undergraduate and post-graduate student of the last forty years. 
As a teacher-fellow at the center for advanced studies, Delhi School of Economics (1976-79), Mrs. Kapila completed her Ph.D. on " Oilseeds Economy of India. " she has also served on the Planning Commission Study Group on " Agricultural Strategies in the Eastern Region of India for the seventh Five Year Plan" (Perspective planning Division). 
Dr. (Mrs.) Uma Kapila is the author of the book "Oilseeds Economy of India" (1982) published by the Institute of Economic Growth under their series " Studies in Economic Development and Planning". She is the editor of the widely read book entitled "Indian Economy Since Independence", currently into its eleventh edition. She also edited five volume on Indian Economy entitled Recent Development in India Economy with special reference to Structural Reforms. She is, presently, Co-edited with Mr. Raj Kapila, book series on economic developments and on banking and financial sectors developments.

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