Designed for use in undergradguate courses in Indian Economy, the book covers the entire course content of B.A.(Pass), B.Com. (Pass) and Honours (Subsidiary) courses of University of Delhi. The first part of the book discusses issues in ' Development and Planning' with reference to India, covering Colonialism and Underdevelopment, Factors in Development, Capital Formation, Demographic Factors, Problems of Planning and Developments, Industrial Policy, Relative Roles of Public and Private Sector, Saving and Investment, Mobilisation of Resources for the plans, and a broad review of Planning upto the Ninth Five Year Plan.
In the Second part of the book, the discussion is on sectoral aspect of the Indian Economy viz, Agriculture : Problems of Productivity, Technology, Green Revolution, Land Reforms, Rural Credit, Marketing, and India's Food Security System; Industry : Growth and Diversification in Indian Industry, Relative Roles of Cottage, Small and Large Industries, Role of Foreign Capital and Multinationals, and Industrial Finance; External Sector : Changing Structure of India's Foreign Trade in the Post-Independence Period, and Trends in Balance of Payments.
The Subject of Inflation with reference to India has also been exhaustively discussed and analysed.