Editorial introduction: managing the Indian economy

Abstract

In the current issue on Managing the Indian Economy, I have tried to include some articles that provide insights into the functioning of the Indian economy both at the macro-level and at the sectoral level. The issue begins with two articles clarifying the balances to be reached between administrators of monetary and fiscal policy. The next article enumerates and evaluates the recent trends in India’s trade policy. The fourth article devotes itself to the services sector of the economy, since the services sector accounts for a major chunk of the growth process. A fifth article traces the growth of the telecom sector in India and its prospects for future development.