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Documents the multi-decadal low in Gross Non-Performing Assets (GNPA), which fell to 2.2% by September 2025. Are you studying for a particular (like UPSC
Details banking reforms, monetary policy, and India's integration with the global economy.
The ultimate question: Can you rely solely on the for your entire economics preparation? The ultimate question: Can you rely solely on
Micro, Small, and Medium Enterprises are critical for employment generation and exports, but they face persistent hurdles regarding formal credit access and technology adoption. Service Sector
Balancing necessary government spending with the need to ensure long-term debt sustainability. The book doesn't just present data; it analyzes
The book doesn't just present data; it analyzes the policies behind the performance, including fiscal, monetary, and trade policies.
The book provides an in-depth analysis of the Indian economy, covering its performance, policies, and reforms. It explores various aspects of the economy, including growth, inflation, poverty, and inequality, as well as sectoral issues like agriculture, industry, and services. The book also examines the impact of globalization and liberalization on the Indian economy.
The text evaluates policy successes objectively while highlighting implementation gaps.
The success of this textbook is intrinsically linked to its author, Dr. Uma Kapila. A retired Reader in the Department of Economics at Miranda House, University of Delhi, Dr. Kapila has dedicated over 42 years to teaching the Indian economy to undergraduate students. This extensive academic experience is palpable throughout the book, which is crafted in an accessible and straightforward manner without ever compromising on analytical rigor. Her unique style of weaving together clear explanations with objective data has made the book a trusted resource for untangling the many complexities of India's economic landscape.