This volume investigates the efficacy and outcomes of Indian industrial policy during the period of 1950 to 1990. Dilip Mookherjee, a distinguished economist, compiles a series of scholarly essays that evaluate the structural constraints and performance metrics of the Indian industrial sector. By analyzing productivity trends and firm-level competitiveness, the text provides a rigorous framework for understanding the economic landscape of post-independence India.

Experts identify this collection as a foundational resource for understanding the historical trajectory of Indian economic planning. Readers frequently note the academic density of the prose, which is tailored for students, researchers, and policy analysts.