Indian economy, in the new millennium, had registered phenomenal growth in terms of the Gross Domestic Product (GDP). The current decade will be long remembered as a period of uncertainty and instability, due to the financial upheaval sparked by the sub prime crisis. All the economies of the world are doing their best to come out of this turmoil unscathed. In a globalized economic environment, where the economies of the world have been closely integrated, no country can claim that it has not been affected by the crisis. The crisis has not spared any country, both developed and developing, from falling into a trap. India is no exception in this regard. The impact of the crisis has been huge on the country. There has been a decline in the exports and this has primarily affected the external sector of the economy. The Indian economy had achieved a remarkable growth in the past few years, but it appears that, a gulf would emerge between the recent past and future performance of the economy due to the financial crisis. This book contain 23 papers focusing on changing scenario of Indian Economy, penned with an in-depth analysis by academics, and research scholars drawn from all over Tamil Nadu and duly edited by a renowned author. This is, perhaps, the first of its kind in providing rich and relevant information on Indian Economy, which hitherto remained as “forbidden fruit”. The book will be of immense help to all those interested in the study of new innovations in Indian study of new innovations in Indian Economy in the changing global business scenario.

About the Author
Dr. Vijaykumar is a Reader in the Faculty of Commerce, Erode Arts and Science College, Erode. He completed his first class post-graduate course in the Department of Commerce, Erode Arts College affiliated to Bharathiar University, Coimbatore in the year 1986. He got his M.Phil. degree in the year 1990 and Ph.D. degree in 1997 from Bharathiar University. He has also completed PGDCA from Bharathiar University in 2003. He has been teaching in the Department of Commerce, Erode Arts College for over 23 years. He has produced 30 M.Phil and 5 Ph.D. during his service so far. His field of specialisation includes: Final Management, Advanced Accounting, Cost and Management Accounting and Research Methodology.

He has got twelve books to his credit in the field of commerce and management. He has published more than 80 research papers and articles in leading journals both in India and abroad. Further he has participated in more than 50 National and International conferences and presented papers. He has completed several research projects funded by UGC and ICSSR. He has served as a member of various academic and professional bodies. His painstaking preparation, systematic presentation and effective use of blackboard to highlighted the main points of his lectures, have made him a very efficient and effective teacher. His quite competence and amicable disposition have won him many friends and admirers. He is currently engaged in post-doctoral research in the area of his interest.