The ongoing focus of this Annual is to analyze macroeconomic events in contemporary India using macroeconomic and statistical tools. While one part of the Annual is devoted to macroeconomic issues, the other part includes academic research papers encompassing a wide range of topics such as labor, fiscal issues, banking and finance, international trade, econometrics, computational and mathematical methods. The focus of this section is on problems affecting the economy in general and takes a broader view of topics relevant to developing countries.