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The Indian Economy: Problems and Prospects provides a deep insight into India’s economic policies and the resolved fiscal crisis from a historical perspective. Summary of the Book The Indian Economy by Bimal Jalan comprises of thirteen essays written by eminent economic thinkers in 1991 and 1992. These essays provide an incisive look into India's economic development since Independence. The essays also provide answers to the important questions on key economic issues of today. These essays are written by renowned economists like C.H. Hanumantha Rao, C. Rangarajan, Narendra Jadhav, Raja Chelliah, Sudipto Mundle, M. Govinda Rao, Jyoti and Kirit Parikh, and Kaushik Basu. The book includes a historical survey of the fiscal developments during the colonial period by Bipan Chandra and an evaluation of India’s economic performance from 1950 to 1990 by the late V.M. Dandekar. In this book, Bimal Jalan analyzes India’s economic progress since 1991, assesses crucial events and their importance. These essays explore the different aspects of the Indian economy and will be of great interest to experts and general readers. About Bimal Jalan Bimal Jalan is a former Governor of the Reserve Bank of India and a nominated member of the Rajya Sabha during 2003-2009. He graduated from Presidency College, Calcutta after which he completed his higher education from the United Kingdom. He has authored several books including India's Economic Crisis: The Way Ahead, The Future of India: Politics, Economics and Governance, and India's Politics: A view from the backbench.