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Synopsis Economic policy and administration are closely related with each other. The success of economic policy of a nation, upto great extent, depend on the performance of economic administration. Administration is a managerial aspect which faces several challenges. Economic policy is a set of different policies pertaining to different sectors of economy such as agriculture, industry, fiscal, monetary, price, labour etc. The formulation and implementation of different economic policies is a quite challenging task. The success of administration depends on properly formulation and implementation of these policies. Economic Planning is yet another aspect of economic administration. Formulation of economic planning keeping into consideration interest of different segment of the society is a crucial issue. Time should not be considered far ahead when public sector in the Indian economy considered as engine of economic growth so as also instrument of achieving social justice but now a days much talked about privatisation and disinvestment. The book economic policy and administration cover all the important aspect related to development administration. Economic planning, management of public sector undertaking, privatisation and disinvestment, decentralised planning, public debt, central state financial relations etc. These contents have been discussed with latest policy and data. It is hoped that the contents of the book serve the purpose of academicians, researchers, policy makers beside the students of the subject.