Download or read book Evolution of Economic Policy in India written by P. N. Dhar and published by Oxford University Press, USA. This book was released on 2003 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Book Traces Various Aspects Of Development Under The Aegis Of The Five-Year Plans. For Decades, The Indian Government Under-Emphasized Agriculture And Over-Depended On Foreign Aid. It Institutionalized Inefficiency Of The Public Sector And Followed A Confused Socialist Ideology Leading To Structures Of Privilege. Policies That Were Politically Popular And Yet Economically Irrational Were Implemented. Dhar Underlines That Unless This Gap Between Economic Rationality And Political Feasibility Is Substantially Reduced India Will Not Fully Realize Its Economic Potential.