The book is a modest attempt to highlight on the impact of monetary and fiscal actions on economic development in India. It presents India s monetary and fiscal actions in the economy during nineties and onwards achieved through conscious policy design of reforms while mitigating risks of destabilization in a highly uncertain global environment accompanied by some domestic imponderables. The chapters are arranged thematically with econometric evidence to cover issues relating to monetary policy, fiscal policy and export sector. The book may be of special interest to researchers, policy makers and is expected to be beneficial to a vast readership in the field of economics commerce and management.