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.
Feasibility and the Growth Potential of Suggested Actions
Feasibility and the Growth Potential of Suggested Actions
Economic growth without social progress lets the great majority of the people remain in poverty, while the privileged few reap the benefits of rising abundance.
Reforms sound progressive and connote change in the existing order of things and a sense of urgency to overcome obstacles. Hopefully, this is about accelerating the rate of growth of the economy and delivering better benefits to the citizens and pulling out those who are stuck below the poverty line. But it also connotes that it is predominantly about undoing or rectifying what has been done in the past.
The initiators and the neo-converts of reforms proclaim its efficacy and success by pointing out the ...
- Loading...