Mankind is faced today with a very difficult choice: Globalisation of the village and Affluence or Isolation and Decay. India has to play her destined role in the Globalisation process particularly at the crucial juncture when the Indian economy is passing through unprecedented crisis. The present Congress Government has already taken a bold decision for the Globalisation and the Restructuring of the economy and implied consequential changes. There are many dimensions, nuances and implications of the New Economic Policy which need deeper probe and wider appreciation. The present volume, is a midst attempt to bring issues surrounding with the contemporary Indian economic situation and the structural reforms both in its national and international perspective to sharp focus. Dr. Manmohan Singh, Union Finance Minister, in his address provides deeper insight not only into the necessity of New Economic Policy but also calls for sustainable determined efforts for achieving the objectives of self-reliance, elimination of poverty and unemployment. He select paper mainly contributed by the known academicians, professionals and administrators are likely to go a long way in portraying changing profile of Indian economic scene in an appropriate manner. The book will be of great use to the academics and professional alike.
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