.Premium Rule and the Economic Condition in India: Prior To Self-reliance as well as After5 minutes read Last Updated: Oct 01 2024|10:43 PM IST.Law as well as the Economic Condition in India: Just Before Independence as well as After.Writer: Tirthankar Roy & Anand V Swamy.Publisher: HarperCollins.Pages: 584.Cost: Rs 799.For an economy to function ideally, participants have to be certain of the end results-- that the counterparty will certainly perform its part, the wide range that a person creates will definitely continue to be with the producer, and also legal systems are going to make certain these. These characteristics are a sine qua non for economic development. As yet, as far back as 1793, Governor General Cornwallis rued that the "growing stockpile of meets struck at the incredibly origin of the prosperity of the country".Law and the Economic climate.