Rajan G Raghuram , Rohit Lamba
Physical
In CirculationStructural Reforms for Growth: Highlighting the need for fundamental structural reforms in India's economy to spur sustainable and inclusive growth.
Policy Innovation: Advocating for innovative policy measures to address economic challenges, boost productivity, and attract investments.
Global Integration Strategies: Exploring strategies to leverage global integration, trade, and foreign investments to enhance India's economic standing.
Technology and Innovation Agenda: Emphasizing the role of technology and innovation as key drivers for economic transformation and competitiveness.
Inclusive Development Framework: Proposing strategies to ensure economic growth translates into inclusive development, reducing income disparities and enhancing social welfare.
Financial Sector Strengthening: Addressing reforms and improvements needed in India's financial sector for stability, efficiency, and better access to capital.
Environmental Sustainability Initiatives: Discussing the importance of balancing economic growth with environmental sustainability and advocating for green policies.
Employment Generation Strategies: Identifying ways to tackle unemployment challenges by fostering job creation and skill development initiatives.
Economic Resilience and Stability: Analyzing measures to enhance economic resilience, mitigate risks, and ensure stability in the face of global economic fluctuations.
Governance and Institutional Strengthening: Emphasizing the importance of strong governance and institutional frameworks to facilitate effective policy implementation and reforms.
Language | English |
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ISBN-10 | 9780670099894 |
ISBN-13 | 9780670099894 |
No of pages | 336 |
Font Size | Medium |
Book Publisher | Penguin Business |
Published Date | 20 Jan 2024 |
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India is at a crossroads today. Its growth rate, while respectable relative to other large countries, is too low for the jobs our youth need. Intense competition in low-skilled manufacturing, increasing protectionism globally and growing automation make the situation still more difficult. Divisive majoritarianism does not help. India broke away from the standard development path--from agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, services--a long time back by leapfrogging the intermediate steps. Rather than attempting to revert to development paths that may not be feasible any more, we must embark on a truly Indian path.