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India in TransitionFreeing the Economy$
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Jagdish Bhagwati

Print publication date: 1993

Print ISBN-13: 9780198288473

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198288473.001.0001

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(p.xii) (p.1) Introduction
India in Transition

Jagdish Bhagwati

Oxford University Press

This chapter begins by discussing the reasons why this volume was created. It then details India's economic situation in the 1960s. Next, it tells of the author's account of the sad turn of events in India and how he was described by the Communist Party as a ‘marginal’ economist with intended double entendre. Lastly, the chapter describes the reforms that transpired in India's economy.

Keywords:   economic situation, India, Communist Party, 1960s, economic reforms

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