.Premium Rule as well as the Economic Condition in India: Just Before Independence and After5 minutes went through Final Updated: Oct 01 2024|10:43 PM IST.Regulation and also the Economic Climate in India: Just Before Self-reliance and After.Author: Tirthankar Roy & Anand V Swamy.Publisher: HarperCollins.Pages: 584.Cost: Rs 799.For an economic situation to operate ideally, participants have to be certain of the end results-- that the counterparty will definitely conduct its component, the wealth that one produces are going to stay along with the developer, which legal bodies will ensure these. These qualities are a sine qua non for economical development. Yet, as far back as 1793, Governor General Cornwallis rued that the "developing excess of satisfies struck at the really root of the prosperity of the country".Law and the Economic situation.