Navigating Change

This book provides a compact overview of India’s economic reforms in financial, trade and agricultural sectors, and the impact of these policies on India’s economy since 1991.

Divided into three parts, Part ‘A’ of the volume deals with financial sector reforms, outlines different financial systems and their workings, with a detailed discussion on the trends and progress in India’s financial system. Part ‘B’ deals with trade policy reforms and provides a bird’s eye view of the developments in India’s external sector from 1950-2026. Part ‘C’ expounds on agricultural reforms and charts a status report on pre- and post-liberalization agriculture policies. The major reforms in the agricultural sector, including major schemes, their impact, progress, and prospects have been discussed at length.

The book will be useful to the students, researchers and faculty members working in the fields of Economics, Development Studies, Political Science, Political Economy, and Public Administration. It would also be an invaluable companion to policy makers who seek to learn about the transition in the Indian economic landscape and the resulting policy changes since 1991.

Monika Kashyap has been teaching at the Department of Business Management, H.N.B. Garhwal Central University, Uttarakhand since December 2012. She pursued MBA and Ph.D from Himachal Pradesh University. Dr. Monika had published research articles in national and international journals, and she has been a resource person to academic institutions and also other government organization to deliver lectures on issues of contemporary relevance. In addition to this she contributed chapters to Economic Survey (volume II) for the years 2018-19, and 2019-2020, 2020-21 of Government of Uttarakhand. She was also the nominee of the Governor to the court of two state universities in Haryana.

Mahendra Babu Kuruva is presently heading the Department of Business Management, H.N.B. Garhwal Central University, Uttarakhand. He pursued MBA and Ph.D from Pondicherry Central University. He published research articles in journals of national and international repute, besides contributing columns to the editorial pages of renowned news dailies like Eenadu, ‘Amar Ujala’ and ‘Hindustan’. In addition to this he contributed chapters to Economic Survey (volume II) of Government of Uttarakhand between 2018 and 2021. Prof. Mahendra also worked as Assistant Dean, Student Welfare, Assistant Director of Internal Quality Assurance Cell, Deputy Vigilance officer at HNB Garhwal University. He was also the nominee of the Governor to the court of a State University in Haryana.