The India Policy Forum (IPF) is an annual publication dedicated to analyzing contemporary trends in the Indian economy. Its objective is to carry theoretically rigorous yet empirically informed research tacking current issues relating to India's economic policy. In particular, it will address issues related to the scope, speed, and desirability of economic reforms in India and their fundamental impact on the country's social and economic welfare. A joint publication of the National Council of Applied Economic Research in India and the Brookings Institution in the United States, the IPF serves as a forum for a global network of scholars interested in India's economic transformation.Among the topics covered in the 2005-06 volume are: The Impact of Excessive Budget Deficits Trends and Issues in Tax Policy and Reform in India Whether an Inflation-Targeting Framework is applicable to India Employment, Wages, and InequalityUniversal Telecommunications Service in India

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