1. New br>Chapter on Constitution and Indian Economy
2. Updated chapters on human development based on human development report 2018 and 2019
3. Updated tax sharing mechanism in the post-gst era
4. Revamped br>Chapter on poverty and unemployment based on nsso reports and other relevant literature
5. Addition of I.) The features of GST Council II.) concepts like effective revenue deficit and Fiscal destination vs origin principle
This book is an attempt to provide basic concepts for better understanding of the Indian economy and is a result of years of consistent effort over a decade.