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India's Adjustment Experience

First Edition

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August 2018 | 282 pages | SAGE India
In this comprehensive appraisal of Indian economic reforms, the author recounts how reforms were initiated and how they unfolded in stages since 1991. He analyzes all the components of the structural adjustment programme including in the agrarian, industrial, banking, public sector, fiscal reforms, trade, environmental and labour sectors.

In keeping with his ideological and political convictions, the author questions the benefits of the reforms and argues that an uncritical acceptance of IMF/World Bank/WTO/ conditions has not served to benefit the majority of Indian society.

Multilateral Agencies
Multinational Companies
Patent Policies
Environment Policies
Agricultural Reform
Industrial Reform
Monetary and Banking Reform
Fiscal Reform
Trade Reform
Public Sector Reform
Labour Market Reform

"Dasgupta has written an excellent book on the conditionality—the structural adjustment and stabilization policies—imposed by the World Bank for granting loans to India in 1991. . . . Well written, this volume will be highly useful to advanced students of economic development in general and Indian economy in particular, as well as to policy makers. Highly recommended."

J.S. Uppal
State University of New York, Albany

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