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A prime reader on the Indian economy

A review of 'Pre-Liberalisation to GST - Essays in Honour of Raj Kapila'

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Mihir S Sharma
India’s Economy
Pre-Liberalisation to GST — Essays in Honour of Raj Kapila 
Edited by Uma Kapila 
Academic Foundation
725 pages; Rs 1,295 

Raj Kapila, who passed away in 2016, was one of the leading figures in Indian economics, thanks to his wide circle of friends and colleagues within the economics profession and his long stewardship of the publishing house he founded in 1990 and called Academic Foundation. His close interest in the structure and effects of Indian economic policy has now been honoured in a festschrift published by Academic Foundation and edited by Uma Kapila, titled India’s Economy: Pre-Liberalisation to GST

The scope of