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Synopsis Economic policy of any nation is a powerful instrument on the part of policy makers to direct the economy in the desired direction if formulated such a policy properly and implemented effectively. Most of the nations of the world formulate their economic policy keeping into consideration immediate as well as long term requirement of the nation. The economic policy adopted by the developed nation can different what has been adopted by the developing nations. The aims and objective of the nations truly reflect in its economic policy. In this book efforts have been made by the author to assess the performance of India's economic policy since 1951. A broad framework is given of all the policies formulated to control and direct the economy such as industrial policy, agricultural policy, monetary policy, fiscal policy, export-import policy etc. Efforts have also been made to evaluate the performance of each policy in various year. Suggestions have also been offered to make economic policy more effective in future. The policy makers, researchers, students and teacher find the contents of the book quite useful.