The Development of the Indian Economy

The Development of the Indian Economy

The Development of the Indian Economy

The Development of the Indian Economy

Excerpt

This series presents studies on the economic development of India produced by economists who are or have been on the research staff of the Center for International Studies, M.I.T., Cambridge, Mass. The broad objective of the Center is to deal with problems which are of analytical importance for development economics and which, at the same time, can contribute to form the basis which must underlie operational development policy decisions. For several years now research work has been carried out for that purpose by the Center field team in India and by the India Project members in Cambridge, Mass., financed by a grant from the Ford Foundation. The field work in India is carried out in collaboration with five Indian institutions: the Institute for Economic Growth at Delhi University, the Indian Statistical Institute, the National Council of Applied Economic Research, the Gokhale Institute at Poona, and the Department of Economics at Bombay University; and in close contact and co-operation with the Government Planning Commission. Apart from close discussions and common facilities provided by the Center, the studies are all essentially independent and responsibility for the opinions and materials rests wholly with the authors. The common or similar approach in these studies results from the nature of the problem, not from any attempt by the Center to impose or to propagate it.

It is fit that the first volume in this series should present an over-all view of The Development of the Indian Economy. Subsequent volumes will include monographic treatments of specific methods to be applied and the results of applying them.

P. N. ROSENSTEIN-RODAN,
Director of the India Project,
Center for International Studies,
Massachusetts Institute of Technology . . .

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