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India's economy from Nehru to Modi: a brief History / Pulapre Balakrishnan

By: Balakrishnan, PulapreMaterial type: TextTextPublisher: New Delhi : Permanent Black ; 2022Description: xi, 260 pages ; 25 cmISBN: 9788178246574Subject(s): Economy | Economic -- GrowthDDC classification: 330.0954 Summary: How has India’s economy fared over the first seventy-years of the country’s independence? More specifically, how has India’s economic journey impacted the life of the Indian citizen? Have the various economic measures and reforms since 1947 improved or worsened matters for the people? These are the core issues addressed within this concise and accessible book. Given India’s large population, there has always been great interest internationally in the steps taken to shape the country’s economy and its consequent advance. The country, says Pulapre Balakrishnan, has undoubtedly progressed. It is now self-sufficient in food, industrially capable, and globally recognised for its software services. Yet, while the country has ended famine, it has neither eliminated poverty nor reduced inequality of opportunity. If India has modernised without human development, can the India story amount to much? The author argues that an economy focused largely on growth instead of equally on well-being – which can come about only with substantial public provision of education and health – ignores a founding premise of the Indian republic. Written by a professional economist with impeccable academic credentials, this invigorating short account illuminates India’s economic journey since 1947 while arguing persuasively for an appreciation of its human dimension. Students, scholars, and the everyday reading public will be enlightened by this fresh and comprehensive overview.
List(s) this item appears in: New Arrivals - December 1st to 31st 2022 | New Arrivals - May 1st to 31th 2023
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Books Institute of Public Enterprise, Library
S Campus
330.0954 BAL (Browse shelf) Available 47237
Books Institute of Public Enterprise, Library
S Campus
330.0954 BAL (Browse shelf) Available 46742

How has India’s economy fared over the first seventy-years of the country’s independence? More specifically, how has India’s economic journey impacted the life of the Indian citizen? Have the various economic measures and reforms since 1947 improved or worsened matters for the people? These are the core issues addressed within this concise and accessible book. Given India’s large population, there has always been great interest internationally in the steps taken to shape the country’s economy and its consequent advance. The country, says Pulapre Balakrishnan, has undoubtedly progressed. It is now self-sufficient in food, industrially capable, and globally recognised for its software services. Yet, while the country has ended famine, it has neither eliminated poverty nor reduced inequality of opportunity. If India has modernised without human development, can the India story amount to much? The author argues that an economy focused largely on growth instead of equally on well-being – which can come about only with substantial public provision of education and health – ignores a founding premise of the Indian republic. Written by a professional economist with impeccable academic credentials, this invigorating short account illuminates India’s economic journey since 1947 while arguing persuasively for an appreciation of its human dimension. Students, scholars, and the everyday reading public will be enlightened by this fresh and comprehensive overview.

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