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Synopsis This is one of the first books to provide a comprehensive analysis of the determinants of saving and investment in India. It examines the role of financial factors in economic development. The Analysis provides a detailed account of the underlying growth process and related social, political and institutional aspects. Combining quantitative methods with qualitative analysis, this work examines: Economic policies prevailing in India since independence; The changing perceptions on key economic issues; Determinants, trends and patterns of investment and saving in India; The role of policies in mediating the relationship between investment and growth rates; The econometric evidence is presented and interpreted in the context of literature from other developing countries. A self-contained treatise with lucid exposition and detailed discussions on the data sources, the book combines rigour with clarity. It will be immensely useful to students, policy-makers, professional economists and researchers.