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Synopsis Economic reforms were introduced in India from July 1991 to meet the challenges of severe crisis. While launching the Ninth Five Year Plan it becomes essential to know as to what has been achieved of economic reforms during 1991-97. The different papers which are compiled in this book by and large brought out the achievements and the shortfalls of reforms. The interesting part which has been stressed by few scholars is the poor performance of infrastructure in speeding the implementation of reforms. One and all agreed that infrastructure, both economic and social, has really become critical and therefore it might lower down the productivity and growth of the Indian economy. The volume would be of great interest to the common readers, researchers, students and teachers.