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With contributions by some of the leading Indian economists, bankers, and policy planners, this collection offers deep insights into the current critical macroeconomic and financial issues affecting that nation. Commemorating Dr. Vijay Laxman Kelkar’s unique contributions to the Indian economy and his key role in the financial sector reforms process in particular, this account covers a broad set of topics, such as fiscal, monetary, and external sector policies; infrastructure; financial inclusion; and education. This timely book will appeal to policy makers, political scientists, economists, and other social scientists conducting research and teaching courses in political economy, fiscal and monetary policy, development studies, public policy, and governance.