This book offers a comprehensive picture of how economic forces have emerged as being of central importance in India and the kind of economic growth that the Indian polity has been able to achieve within the framework of democratic politics. It proposes that the modern state is inextricably linked with two other factors of modern life: economic growth and democratic politics.

Economy, Democracy and the State: The Indian Experience explores the patterns of economic growth (both industrial and agricultural) and its impact on Indian democratic politics. It offers an insight into how the changing patterns of economic growth in the country have determined government policies and questions the extent to which the hopes and aspirations of the common man have been satisfied. This exploration of the interrelation between democracy and economy yields a better understanding of the nature and working of the Indian democracy.

This book will be an informative resource for scholars and students of political science and political economy. It will also hold the interest of general readers concerned with the economic and political developments in the country.

Economy and the State

Economy and the state

Viewed from one perspective, the rise of the demonic economy encourages the state to exercise ever more control on different aspects of individual lives and social relations. Its grip has, in modern times, been particularly firmer on the economic realm. This is consequent upon the growing importance of economic activities for the well-being of mankind. Lord Keynes’ dictum, ‘Economic development is the possibility of development’, is a strong testimony to this. Economic development opens up, it is claimed, ever-new vistas of possibility which individuals can utilize to better their existential condition socially, economically, intellectually and politically. However, utilization of the possibilities, consequent upon the expanding horizon of economic growth, depends on the degree to which the enveloping socio-political ...

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