Why does India lurch from economic crisis to economic crisis? Theres been one every decade since 1950. Why is a decade of high growth always followed by a decade of low growth? How does Indias economic management differ from Chinas? Whats the mindset that has shaped policy since independence? Are we doomed to bumble along? These are some of the troubling questions that T.C.A. Ranganathan and T.C.A. Srinivasa Raghavan attempt to answer in this thoughtful book. Both are experienced observers of the Indian economy and its constraints and they analyse the economy over the past seven decades to examine how successive governments have managed the Indian economy.