[Agriculture-Dominated Economy] ──► [Service-Led Growth Engine] │ └──► (Manufacturing Lag) The Service Sector Surge
Why choose Uma Kapila over Ramesh Singh or Datt & Sundharam?
Dr. Uma Kapila structures the analysis around three distinct phases of India's modern economic history: and rural infrastructure hinders productivity.
The most recent version of by Uma Kapila is the 25th Edition (2024-25)
India's manufacturing sector has historically bypassed the traditional developmental trajectory, failing to expand its share of GDP sufficiently before transitioning to a service economy. : Dr. Uma Kapila
: Dr. Uma Kapila, a former Reader at Miranda House, University of Delhi, leverages over 42 years of teaching experience
Indian Economy: Performance And Policies (25th Edition: 2024-25) a former Reader at Miranda House
Despite the Indian economy's performance, several challenges and opportunities remain:
The Indian economy is a complex, rapidly evolving landscape, making it essential for students, policymakers, and researchers to have access to reliable, updated analysis. Uma Kapila’s " Indian Economy: Performance and Policies " has long been considered a definitive textbook and reference guide on the subject. As the Indian economic landscape shifts post-pandemic, understanding the updated policies and performance metrics is crucial.
: The central government’s fiscal deficit is targeted at 4.4% of GDP , down from pandemic-era highs.
Low public investment in irrigation, cold chains, and rural infrastructure hinders productivity.