This book examines the political economy of crony capitalism in India and the ongoing impact of Hindutva on India’s society and economy. It explores the ways that Hindutva supports crony capitalism and imperialism, and how this results in the illiberal transformation of institutions and the furthering of inequality within India. By tracing the history of Hindutva, the long relationship between capitalism and the politics of Hindutva are outlined to highlight the structures that define crony capitalism and undermine the hope for a secular, democratic, constitutional, and equitable India.

This book offers a vision for a more economically inclusive India that looks beyond crony capitalism and towards equality. It will be of interest to students and researchers working within development economics and the political economy of India.

Bhabani Shankar Nayak is Professor at the Guildhall School of Business and Law, London Metropolitan University.