"Indian Economy: Performance and Policies" by Uma Kapila is a premier annual textbook designed for undergraduate students, offering comprehensive analysis of India's economic development, growth, and sector-specific issues. Currently in its 26th edition (2025-26), the text is recognized for its objective, up-to-date data, and structured insights into agriculture, industry, and finance. For the latest edition, visit Academic Foundation Academic Foundation
: Details the transition from state-led industrialization to the post-1991 era of liberalisation, including the roles of small-scale versus large industries. V. Financial and External Sectors : Covers India's foreign trade, Balance of Payments (BoP) , and the evolving financial sector. Academic Foundation Key Thematic Content Indian Economy Performance And Policies By Uma Kapila Pdf