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Indian planning at the crossroads
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New Delhi
Oxford University Press
1992.
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Table of Contents:
- The political economy of the social decadence The new economic policy, 1856-6 The road to nowhere Monetary reform Banking through Jamborees IMF adjustments and poverty The long term fiscal policy,1985 Household savings, financial assets and banking deposits Two roads to a mixed economy Borrowings and inflation Commissions, kickbacks and bribes Capital market or casino Red carpet or black money Banks : 18 years after nationalization (1969-87) Export optimism The rupee and the dollar peg Budget 1988-9 : lengthening shadows Largess from world bank Ceiling on government borrowing Prudent fiscal deficit India's external debt Trade gaps, Reserves and the rupee Export performance, 1988-9 Irrational expectations New money-market instruments Time for decision Deeper into the debt trap Debt relief and the right to work The definition of deficit Policy for imports needed Central budget, 1990-1: trodden path Approach and arrival Planning at the crossroads