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This foundational section sets the stage:
Here, the book revisits the Planning Commission era and the shift toward NITI Aayog. It details the evolution of agriculture, industry, and services, providing a clear picture of structural transformation over the decades. The 11th edition would have focused heavily on the Ninth and Tenth Five-Year Plans, while later editions incorporate the Twelfth Plan and beyond. Both contexts help students understand the shift from a state-led to a market-driven economy.
A celebrated educator from S.R.C. College, Trichy, Professor Sundharam brought structural clarity and pedagogical rigor to the text. His ability to present complex macroeconomic data in a student-friendly manner complemented Dutt's analytical prose.
Discusses foreign direct investment, trade policy, and India's role in the World Trade Organisation (WTO). Accessing the Book