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.
Alternative Growth Path
There is no royal road to anything. One thing at a time and all things in succession. That which grows slowly endures.
An Alternative Approach
While Part I was about analysis of the present, Part II is about action plans for the future. It is about incorporating lessons from our broken programmes so that we can accelerate our growth, justify our potential and hopefully solve our societal problems faster and in a more sure footed way.
India is the second most populous country and hence is attractive to most marketers. India's per capita consumption in most products and services compared to the current world averages is comparatively low. Even if one assumes that India will catch up with the current world averages 20 ...
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