Synopsis In this insightful and easily accessible classic, Prof. Bardhan the political and economic constraints on Indian development and n this process, highlights the nature of relationship between the government and different interest groups.This stimulating and thought- provoking book examines the political economy aspects of the recent policy reforms in India. Given dominant anti-market streak in the Indian political culture, collective passion for group equity and deep suspicion of competition, the author cautions that our expectations of the success of these reforms should be based on ground realities.