What led to India’s growth turnaround and the emergence of India as a global player? Will this growth path prove self-sustaining? Is the growth in inequality an inevitable consequence of economic liberalization? What caused the financial crisis of 2007–9 and the accompanying recession?

The Concise Oxford Companion to Economics in India provides readers with issues and concepts that will help them form their own opinion about diverse questions related to the Indian economy. With more than 120 entries arranged sectorally and a statistical appendix that provides key comparative data and data sources, this authoritative yet accessible companion can be used by students of economics and management, business executives, journalists, bureaucrats, and business analysts.

Praise for The Oxford Companion to Economics in India

‘…this book is not only a “what’s what” on economics in India, but is also a “who’s who” of economists in India!” —Manmohan Singh, Prime Minister of India

‘The most impressive A to Z on information concerning Indian politics, economics and social change …’—Business Standard

‘[T]he most comprehensive resource, a multi-author guide to the dynamic Indian economy … A must-buy for each and every college, university and public library.’—Business India

‘Kaushik Basu has done a grand job in giving economics a broader scope and assembling authors who write expertly but in an accessible style.’—Lord Meghnad Desai, Professor Emeritus, London School of Economics

‘…essential reading for anyone seeking to understand India’s economic and political economy.’—Ashutosh Varshney, Professor, Department of Political Science, Brown University