"This book on India's economic policies and performance is based on conversations with ten of India's renowned economists. The conversations cover a wide terrain from the philosophical and ideological underpinnings of the State-led import-substitution industrialisation strategy India pursued for more than three decades to the prospects for the new economic policy inaugurated in 1991. The ten economists including Manmohan Singh, the architect of the 1991 reforms, Jagdish Bhagwati and T.N. Srinivasan, who provided the intellectual underpinnings for the reforms, I.G. Patel, who was for a long time associated with policy formulation and implementation, and P.R. Brahmananda, an early critic of the heavy industry-oriented import-substitution strategy, all talk candidly about the past and the future prospects for the economy. The book should appeal to both the professional economist and the general reader interested in India."--Jacket.