Assistant Professor, Devki Devi Jain Memorial College for Women, Ludhiana, India
Online published on 3 June, 2015.
India has shown considerable dynamic change since the mid-1980s, after experiencing slower growth for much of the post-Independence period. The post reform Indian economy has defied established economic patterns and, in the process, created a few paradoxes. In The Oxford Handbook of the Indian Economy in the 21st Century, acknowledged experts delve into the unique features of India's growth path and debate the relative importance of external factors compared to domestic reforms such as better governance.