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Synopsis The book presents important and burning development issues related to Indian economy. It is a trivial attempt to depict an iota of current and chronic problems within the premises of assemblage of vast and numerous hurdles of Indian economy which deals with a highly complex, expanding and constantly changing behaviour of the economy from Nehruvian model of economic development (mixed economy with an upper hand of public sector), i.e. the new national economic order based on the policy of liberalisation, privatisation and globalisation (LPG). The treatise is portable mirror in which the face of Indian economy along with its some main organs like the development of priority sector, service sector, segment of HRD and so on can easily be seen to attain a knowledge of our position and rank in the race of global economic development. According to the recent UN 'Human Development Report' the rank of India in the list of global economic development is far below down. It is a matter of grave concern and anxiety. We need a strong time-bound alternative policy option to improve the situation in order to obtain a high rank among the development race of member-countries of the U.N. The author provides, here, an informative framework of the study on the various alarming issues of the Indian economy with a dose of viable policy prescriptions for eradication of the germs of backwardness of the economy. The striking outstanding book on Indian economy would be immense use not only to the students of the post-graduate classes of economics and the researchers in the discipline but also to those who have keen desire to keep an up-to-date knowledge of the problems of Indian economy.