G.S. Bhalla is Professor Emeritus, Centre for the Study of Regional Development, School of Social Sciences, Jawaharlal Nehru University, New Delhi. Previously, he has taught at Rajasthan University, Jaipur; Carlton University, Ottawa, Canada; and Panjab University, Chandigarh, India. He was Dean, School of Social Sciences, Jawaharlal Nehru University, from 1986 to 1988 and Member of Planning Commission, Government of India, from 1990 to 1991.He has published several books and has contributed several articles to national and international journals of repute in the areas of Indian agricultural development, agrarian studies, planning and development, regional studies, input–output analysis and impact of economic reforms. Two of his recent publications are Indian Agriculture since Independence (2007) and Condition of Indian Peasantry (2006).Gurmail Singh is Professor of Economics, Panjab University, Chandigarh, India. He completed his Masters and PhD in Economics from Panjab University, Chandigarh, India. He has two joint publications with Professor G.S. Bhalla, namely, GATT and Punjab Agriculture (1995) and Indian Agriculture: Four Decades of Development (2001). His other publications include Understanding North-west Indian Economy (jointly edited with H.S. Shergill and Sucha Singh Gill, 2010), Rural Development in Punjab: A Success Story Going Astray (jointly edited with Autar S. Dhesi, 2008).