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This is the first book in a three-volume study of the Indian economy. Focusing on agriculture, leading Indian economist V M Dandekar discusses such topics as: the disproportionately large burden of population which leads to net capital consumption rather than capital creation; the need for decentralization of agricultural administration, research and education; food administration and the effect of food shortages; the integration of the country into a single market where prices are determined by competitive market processes; agricultural credit; and a future agricultural policy.