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India @100 : envisioning tomorrow's economic powerhouse / Krishnamurthy Subramanian

By: Material type: TextTextLanguage: English Publication details: New Delhi : Rupa Publications, 2024.Description: xxii, 497 pages : illustrations (black and white), maps (black and white) ; 23 cmISBN:
  • 9789390260836
Subject(s): DDC classification:
  • 339.20954 SUB
Contents:
Section One: The Big Picture Section Two: The First Pillar: Macroeconomic Focus on Growth and Growth Alone Section Three: The Second Pillar: Social and Economic Inclusion Section Four: The Third Pillar: Ethical Wealth Creation Section Five: The Fourth Pillar: Virtuous Cycle Ignited by Private Investment
Summary: In India@100: Envisioning Tomorrow’s Economic Powerhouse, Krishnamurthy Subramanian explores this once-in-several-centuries opportunity knocking on India’s doors. With a bold vision grounded in Indian realities, India@100 argues compellingly that India is at an inflection point that cannot be ignored. The country can grow at 8 per cent annually by reforming the economy zealously and doubling down on the sound policies implemented post 2014. Since 2007, when its GDP per capita was equal to India’s current level, China exploited its demographic dividend to grow at about 8 per cent for about two decades. Similar growth for the next two decades will make India a $55 trillion economy by 2047. Through meticulous research and insightful analysis, Subramanian explores four key pillars to propel India’s growth: (i) macroeconomic emphasis on growth; (ii) microeconomic focus on social and economic inclusion; (iii) a vision of ethical wealth creation; and (iv) a strategy of a virtuous cycle triggered by investment. Within each pillar, he comprehensively covers the policy choices and the areas that require reform. India@100 effortlessly ignites the reader’s imagination and inspires a collective drive towards a future where India emerges as a dominant economic force. This is an invaluable book for anyone interested in the rise of the Indian economy.
List(s) this item appears in: New Arrivals - September 1st to 30th 2024
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Section One: The Big Picture
Section Two: The First Pillar: Macroeconomic Focus on Growth and Growth Alone
Section Three: The Second Pillar: Social and Economic Inclusion
Section Four: The Third Pillar: Ethical Wealth Creation
Section Five: The Fourth Pillar: Virtuous Cycle Ignited by Private Investment

In India@100: Envisioning Tomorrow’s Economic Powerhouse, Krishnamurthy Subramanian explores this once-in-several-centuries opportunity knocking on India’s doors. With a bold vision grounded in Indian realities, India@100 argues compellingly that India is at an inflection point that cannot be ignored. The country can grow at 8 per cent annually by reforming the economy zealously and doubling down on the sound policies implemented post 2014. Since 2007, when its GDP per capita was equal to India’s current level, China exploited its demographic dividend to grow at about 8 per cent for about two decades. Similar growth for the next two decades will make India a $55 trillion economy by 2047.
Through meticulous research and insightful analysis, Subramanian explores four key pillars to propel India’s growth: (i) macroeconomic emphasis on growth; (ii) microeconomic focus on social and economic inclusion; (iii) a vision of ethical wealth creation; and (iv) a strategy of a virtuous cycle triggered by investment. Within each pillar, he comprehensively covers the policy choices and the areas that require reform.
India@100 effortlessly ignites the reader’s imagination and inspires a collective drive towards a future where India emerges as a dominant economic force. This is an invaluable book for anyone interested in the rise of the Indian economy.

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