Author Description

This insightful and inspiring volume explores the major ideological and strategic developments since the 1940s, tracing the shift in the author's outlook from a Marxist in his student days to a Nehruvian. Hanumantha Rao discusses issues he faced as member of the Planning Commission under the leadership of Prime Ministers Mrs Indira Gandhi and Shri Rajiv Gandhi relating to economic planning and policies in India in the light of the Nehruvian perspective of a mixed economy with socialist orientation within a democratic set-up. This book discusses globalization and economic reforms in India in the wake of the breakdown of centralized planning in former socialist countries, along with the relevance of Nehruvian model of addressing the poverty and inequality.