Contents

Abstract

I. Historical underpinnings

Two phases of indian planning

Impressive achievements?

Challenge

II. Planning and command economy: 1950-90

Classical tenets of state intervention

Assessing state intervention

Assessing state intervention

III. State as a player

State as a ‘monitor’

State as a manager

Protector of the institutions of development

IV. Institutions as engine of development

Energising a local economy

Disciplining a recalcitrant market

Market as a growth stimulater

State and institutions of development

V. ‘Awkward’ versus ‘Subtle’ state

The ‘resource allocation’ obsession

Superordinate goal clarity

Long-term, stable policy environment

Monitor

Intervention designer

As macro-monitor

Notes

References