Summary
Contents
Subject index
For India's economic reforms policy to succeed, its programmes should be firmly anchored in the reality of the social and micro-institutional context—something our policy makers often regrettably ignore.
To break out of 8 or 9 per cent growth rates, we need more appropriate skill sets, development of proper attitudinal infrastructure, increased capital productivity, a more optimal savings rate and deliberate creation of socially productive market structures in several areas such as healthcare, public distribution and higher education.
Employment is the best way to deliver growth to the vast multitude and reconcile the growth fixation of reformists and socialistic obsession with distribution. The book suggests several unconventional growth engines which can potentially deliver both and make 12 per cent growth rates realistically possible.
The book is aimed at people who aspire to take part, debate and shape our destiny but may not have the time for deeper research or patience with economic jargons.
Economic Reforms, Social Fissures
Economic Reforms, Social Fissures
Democracy means government by discussions but it is only effective if you can stop people talking.
The pursuit of reforms seems to have led to some social problems. Firstly, there are now various forms and degrees of disaffection with the state and some of its policies. The disaffection ranges from naxalism at one extreme end to voting out governments which are considered reform oriented but have not delivered on creating employment. The country is witnessing increasing aggression against land acquisition for industrial development, violent demonstrations against petrol price revisions or foreign direct investment in retail, etc. Industrial strikes that were dormant for a couple of decades are rearing their head once again. Secondly, there is a mutual and ...
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