The huge organism called the Indian economy, with its complexities, diversities, and paradoxes, is both fascinating and puzzling. The Oxford Companion to Economics in India (2007) brought together expertise on each slender aspect of the economy. Taking forward the huge popularity of its predecessor, The New Oxford Companion to Economics in India has not only substantially revised and updated many of the original entries but also includes several new entries on emerging areas. The New OCEI focuses on India’s role as a global player in the highly volatile financial scenario—the great global recession, the sub-prime crisis, and the revival of G-20 in which India has found itself taking an active role. The New OCEI contextualizes these events a...