.Premium Rule and the Economic Condition in India: Prior To Independence as well as After5 min reviewed Last Updated: Oct 01 2024|10:43 PM IST.Regulation and the Economic Climate in India: Before Freedom and also After.Author: Tirthankar Roy & Anand V Swamy.Publisher: HarperCollins.Pages: 584.Cost: Rs 799.For an economy to work efficiently, individuals should be certain of the results-- that the counterparty will execute its own component, the wealth that one generates will certainly stay along with the producer, and that lawful systems are going to make sure these. These features are actually a sine qua non for financial improvement. As yet, as long ago as 1793, Guv General Cornwallis rued that the "developing excess of fits attacked at the very root of the success of the country".Regulation and also the Economic situation.