.Fee Regulation as well as the Economic Situation in India: Before Freedom and After5 minutes checked out Last Updated: Oct 01 2024|10:43 PM IST.Regulation and the Economic Situation in India: Just Before Independence and After.Author: Tirthankar Roy & Anand V Swamy.Author: HarperCollins.Pages: 584.Rate: Rs 799.For an economy to perform efficiently, individuals have to be certain of the end results-- that the counterparty will certainly do its component, the riches that people produces will definitely remain with the developer, and that lawful systems are going to make sure these. These attributes are a sine qua non for economical development. As yet, as far back as 1793, Governor General Cornwallis rued that the "expanding stockpile of matches attacked at the incredibly root of the wealth of the nation".Legislation and the Economic condition.