The Indian Economy since Independence

India's has been a unique path of economic development—internally decided in a democratic framework, constantly debated between different ideologies and interest groups, and increasingly engaging with the world. The ultimate result is uniquely Indian. India has achieved a respectable growth rate in the 2000s. It took a long while to reach this growth rate; and it has not reduced poverty sufficiently. The benefits of growth have not been evenly distributed, but relatively inequality has not increased either. There is great regional disparity. The country has followed a trajectory to a goalpost that shifts. In 60 years, the author argues, the overall balance is positive.