.Superior Regulation as well as the Economic Condition in India: Before Independence and After5 minutes checked out Last Updated: Oct 01 2024|10:43 PM IST.Rule as well as the Economic Condition in India: Before Freedom and also After.Author: Tirthankar Roy & Anand V Swamy.Author: HarperCollins.Pages: 584.Cost: Rs 799.For an economic situation to operate efficiently, participants must be certain of the outcomes-- that the counterparty will definitely execute its own part, the wealth that a person generates will continue to be with the inventor, and that lawful units will definitely guarantee these. These characteristics are actually a sine qua non for economical progression. Yet, as long ago as 1793, Governor General Cornwallis rued that the "increasing supply of matches attacked at the very root of the prosperity of the country".Rule and the Economic situation.