.Premium Rule and the Economic Situation in India: Before Independence and also After5 min read Last Updated: Oct 01 2024|10:43 PM IST.Legislation and also the Economic Situation in India: Just Before Self-reliance as well as After.Author: Tirthankar Roy & Anand V Swamy.Author: HarperCollins.Pages: 584.Cost: Rs 799.For an economy to work efficiently, participants must ensure the outcomes-- that the counterparty will certainly conduct its component, the wide range that a person generates will certainly continue to be along with the creator, and that lawful devices will definitely ensure these. These features are a sine qua non for economic progress. As yet, as far back as 1793, Governor General Cornwallis rued that the "expanding excess of matches attacked at the very root of the abundance of the country".Rule and also the Economic condition.