India Recent Economic Developments and Prospects Book

	Abbreviations
	Currency
	Acknowledgments
	Economic Development Data
	Priority Poverty Indicators
	Resources & Expenditures
	Executive Summary
Ch. 1	Recent Economic Developments and Prospects	1
	Stabilizing the Economy	1
	The Economy's Response	7
	The 1994-95 Budget	28
	Adjustment in State Finance	32
	External Debt Management and External Financing Requirements	37
Ch. 2	Three Years of Reform; Short and Medium-Term Policy Issues	41
	Results of Three Years of Reform	41
	Short- and Medium-Term Policy Issues	57
Ch. 3	Managing India's Environment - Selected Aspects	66
	India's Environment Today	66
	The Current Environmental Management Framework	75
	Issues and Options	81
	Endnotes	97
	Statistical Appendix	102