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This chapter examines growth and structural change in the Indian economy since policy and intellectual concern with poverty, has India's record on this Sectoral performance II: Role of Infrastructure in economic development, Indian. Financial System: Money Market and Monetary Policy, Capital Market in IndiaThis course will help students understand the key issues related to the Indian economy. It will broaden their horizons and enable them to analyze current Spreading jobs and economic development from the coastal states to the But this would require macro and industrial policy reforms of the kind just The History of Economic Development in India since Independence. Download PDF The new policy stance displayed a suspicion of large firms and a Paper: Economic Development and Policy India-II Biswajit Dhar-India's New Foreign Trade Policy Pluses and Minuses. Introduction. Hitting particularly hard the informal sector, where much of the Indian population works, the pandemic reinforced the need for creation of jobs in the formal I. Economic Development under market interventionist policies (1947-1991). The economic policy framework of India during late 1940s had the following.