The Mid-Year Review of the Indian Economy was initiated at the India International Centre in the year 1975 by the late Professor Malcolm Adiseshiah, Convenor of the Economic Affairs Group of the Centre. Since 2001, the Malcolm and Elizabeth Adiseshiah Trust has supported the Mid-Year Review project at the Centre, which comprises the annual seminar and the publication of the proceedings as a book that analyses the performance of the Indian economy, covering the state of the external economic environment.