Examining India's experience of development planning over the past thirty-five years, this book provides, for the first time, a synthetic review of Indian planning in light of development theory and debates on planning policy in other countries. Chakravarty explains the analytical considerations behind the formation of India's initial development strategy, as well as the reasons for subsequent modifications, and considers the logical structure of various Five Year Plans and issues of plan implementation. He also offers a detailed discussion of current debates on economic policy.