List of tables; Acknowledgments; Abbreviations; 1. Introduction; 2. Policy-making, class factor, and political settlement: setting the theoretical framework; 3. Privatising the inputs of production: a case of careful choice by beneficiaries and losers; 4. Chhattisgarh: new state, new opportunities for old class domination; 5. Gujarat: strong state-directed capitalism across sectors; 6. Karnataka: state patronage, market opportunism, and urban-rural closing gap; 7. State in action, political settlement, and the agrarian flux; Bibliography.