"Indian Economy Since Independence," edited by Uma Kapila, is a comprehensively revised annual collection of essays serving as a primary academic reference for India's post-1947 economic history. The 36th edition (2025–26) covers structural changes, sectoral analysis, and policy shifts, featuring contributions from prominent economists and policymakers. For details on the latest edition, visit Academic Foundation. Indian Economy Since Independence - Amazon.com
Kapila meticulously documents the Nehru-Mahalanobis strategy emphasizing heavy industry (Second Five Year Plan). The book does not shy away from critiquing the resulting inefficiencies: Uma Kapila Indian Economy Since Independence Pdf
Examines the evolution of economic planning, factors in development, and the changing role of the state from the 1950s to the present. Editorial Notes by Uma Kapila and contributions from experts like Vijay Kelkar C. Rangarajan Part II: Growth and Structural Change "Indian Economy Since Independence," edited by Uma Kapila,