Indian Macro-Economic Policies Vijay Joshi I M D Little A good deal has been written about the intricacies of Indian controls, and the consequential price distortions which result in apparently irrational production and trading incentives, and the delays and corruption they cause. But almost nothing seems to have been written to explain India's relatively untypical macro-economic policies, or to question whether they have been conducive to long-run development This paper presents a preliminary survey of Indian macro-economic policies from 1965 to 1980.
