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Economic Developments in India Volume - 117   
Economic Developments In India :  Volume - 117

Analysis, Reports, Policy Documents


Hard bound book + CD (8¾" x 5½");  Pages : 256
2007 Edition; ISBN 978- 81-7188-677-7
Price : Rs. 695.00 ; US $ 60.00
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Information given below includes :
About the Book, About the Author(s)/Editor(s)/Contributors,
Contents in Detail, and other Ordering-Related information.
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About The Book :

Economic Developments in India (EDI) was launched in 1998. Ever since, one volume is published every month. Each volume of EDI comprises a hard-bound book plus a CD-ROM. Salient features include: latest articles by top economists and experts; complete (full-length) reports & policy documents; current at-a-glance statistics and policy updates. EDI is an authentic and 'truly unique' ready-reference resource—a full-fledged 'Economic Information System'. The dual format (hardcopy + digital) further enhance the utility of this publication.

Yes ! Indeed, the combination of 'Book and a CD-ROM' proves extremely powerful and versatile, especially when the two forms of media are selectively made to carry different forms of information. Hence, the hard-copy (i.e. the book) presents crisp articles and short summaries while the digital format (CD-ROM) takes care of voluminous reports and documents with sophisticated search facility and printout options. This way, easy readability and comprehensiveness go hand in hand to make this publication compact and preservable.

Today, EDI is valued and subscribed by users across a wide cross-section of highly reputed organisation which include: government departments/regulatory authorities, PSUs, Indian corporate sector / business houses, multinational industrial corporations, embassies and foreign missions, banks / financial institutions, consultancy organisations, apex bodies, trade promoting agencies, state financial and industrial development corporations, economic research centres, management institutions, universities and colleges, and so on...



1. The Growing Influence of the Emerging World    
Y.V. Reddy
Governor, Reserve Bank of India, Mumbai.
2. India’s Textiles Sector in the Emerging Global Opportunities    
Manmohan Singh
Prime Minister of India, New Delhi.

Land Reforms in Andhra Pradesh

C.H. Hanumantha Rao
Chairman, Institute of Economic Growth, Delhi.
4. The Sixth Pay Commission:Speculation about the Possible Outcome
Shankar Acharya
Hon'y Professor, Indian Council for Research in International Economic Relations (ICRIER), New Delhi; formerly, Chief Economic Adviser, Ministry of Finance, Government of India.
5. Monetary Policy: Prioritising Liquidity Management                           
N.A. Mujumdar
Editor, Indian Journal of Agricultural Economics, Mumbai; Ex-Principal Adviser, RBI, Mumbai.
6. Financial Inclusion: The Indian Experience                                  
 Usha Thorat
Dy. Governor, Reserve Bank of India, Mumbai.

Reports &  Policy Documents


The Economy: Review and Prospects (RBI Annual Report 2006-07)


Report of the Working Group to Examine the Procedures and Processes of Agricultural Loans


Corporate Investment: Growth in 2006-07 and Prospects for 2007-08


India’s Foreign Trade: 2007-08(April-May)



Estimates of Gross Domestic Product for the First Quarter (April-June) of 2007-08





Quick Estimates of Index of Industrial Production for the Month of July 2007(Released September 12, 2007)



  12. Monthly Economic Report for the Month of July 2007 .    
Contents of The CD

  • RBI Annual Report 2006-07.

  • Draft Regulation of Certification of Associated Persons in the Securities Market Regulations, 2007 (Securities and Exchange Board of India, May 31, 2007).

  • North East Industrial and Investment Promotion Policy (NEIIPP), 2007 (Ministry of Commerce and Industry; Department of Industrial Policy and Promotion, Ist April, 2007.

  • India’s Foreign Trade: April-July 2007-08 (Ministry of Commerce and Industry, Department of Commerce).
  • Monthly Economic Report: July 2007 (Department of Economic Affairs, Economic Division).
  • Current Statistics

      A.  General  
    • Selected Economic Indicators.

      B.  Money and Banking

    • All Scheduled Banks - Business in India.
    • All Scheduled Commercial Banks - Business in India.
    • Money Stock Measures.
    • Sources of Money Stock (M3).
    • Daily Call Money Rates.

    C. Industrial Production

    • Group-Wise Index Numbers of Industrial Production.
    • Index Numbers of Industrial Production
      (Use-based Classification).

    D. Capital Market

    • New Capital Issues by Non-Government Public Limited Companies.
    • Index Numbers of Ordinary Share Prices.
    • Assistance Sanctioned and Disbursed by
      All-India Financial Institutions.  

    E.   Prices

    • Bullion Prices (Spot) - Mumbai.
    • Index Numbers of Wholesale Prices in India
      By Groups and Sub-Groups (Averages).

    F. Trade and Balance of Payments

    • Foreign Trade (Annual and Monthly).
    • India's Overall Balance of Payments in Rupees.
    • Foreign Exchange Reserves.
    • Foreign Investment Inflows.
    • Daily Foreign Exchange Spot Rates.
    • Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee (36-country bilateral weights).



Raj Kapila is the Director and Chief Editor of Academic Foundation, Delhi. He has written extensively and is also the author of 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). He co-edited with Dr. Uma Kapila, a six volume study entitled Understanding India’s Economic Reforms (AF, 1996). This was very well received and consequently led to the evolution of the concept of ‘‘Monthly Updates’’ on Indian Economy that eventually took the form of the present EDI series. Together, they have also edited Banking and Financial Sector Reforms in India (6 vols., 1998) and subsequently: Ongoing Developments in Banking and Financial Sector in India (4 vols., AF, 2000). Most recently, they have co-edited a book: India's Economy in the 21st Century (Academic Foundation, 2001) --- a collection of select articles by eminent economists.

  Uma Kapila :

Uma Kapila, author/editor of several other books, has taught Indian Economy to undergraduate students for forty two years. She recently retired as Reader from the Department of Economics, Miranda House, University of Delhi. Presently she is Senior Editor, Academic Foundation. 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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