This is a book spanning a period of 50 years, from 1927 when the Federation of Indian Chambers of Commerce and Industry was established to the eve of 1977, which is the Golden Jubilee year of the organization. As the author points out, it does not purport to be a definitive history of the institution. Nor can it be said to be a definitive history of the economic developments in the country during the period. And yet, it weaves together a coherent account of important and significant economic changes as relate to private enterprise, and the interplay of relations as between the organized business community and the Government. The write-up on the cover says that the book is essentially a contribution to business history, which is an area of study not yet fully explored in India. The book throws light on the working of an organization which, in the final analysis and without questioning its legitimacy, is a special interest group—a field of sociology, which too calls for fuller exploration. A librarian would have some difficulty in classifying this book—a quandary reflected in the choice of the title. The main title Enterprise and Economic Change is suggestive of something more than what the book is about. On the other hand, the book is something more than a chronicle conveyed by the subtitle, 50 years of FICCI.
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