The second edition of the book is divided into seven sections and comprises thirty chapters that cover almost every aspect of Indian economy. The concepts are first discussed and then analytically explained with the trends and direction of Indian economy. This edition has been updated with the latest data on Indian economy, with special focus on Economic Survey 2020-21 and Budget 2022-23. The book covers the syllabus of civil services optional and general studies, graduate and post-graduate courses of Indian universities, Indian economic services, UGC and other competitive exams. \nFeatures: \n•The chapter summary at the end of every chapter provides the crux of the whole chapter and will be a significant help to revise the chapter in a short span of time especially before the exams. \n•The multiple-choice questions at the end of every chapter will broaden the objective understanding of the reader. \n•Glossary at the end of book will help the students to understand the various complex terms associated with Indian economy. \n•Chapter 30 based on Economic Survey 2020-21 and Budget 2022-23 has been discussed in Q&A format for a more comprehensive understanding and exam-orientation.