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The present anthology is a collection of fifteen research papers which critically explore the multiple dimensions of contemporary literary theory. It provides a wide spectrum of theories and shows their application to different texts across the globe. The twentieth and twenty-first centuries were witness to three major movements, namely Marxism, Feminism and Postcolonialism, which have led to a serious reconsidering of the so-called metanarratives of literature, science, history, economics, philosophy and anthropology. These movements have brought together a wide variety of human discourses, and have made literary theory an interdisciplinary body of cultural theory which has now become an important model of inquiry into the intricacies and complexities of human existence. The anthology includes articles on poststructuralism, postcolonialism, postmodernism, postfeminism, orientalism, nationalist and hegemonic discourses, subalternity, gender identity, eco-criticism and global aesthetics by eminent scholars and critics.