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020 _a9789390260836
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082 _a330.954 SUB
100 _aSubramanian, Krishnamurthy
_95452
245 _aIndia @100 : envisioning tomorrow’s economic powerhouse
260 _aNew Delhi
_bRupa
_c2024
300 _a497p.
520 _aIn India@100: Envisioning Tomorrow’s Economic Powerhouse, Krishnamurthy Subramanian explores this once-in-several-centuries opportunity knocking on India’s doors. With a bold vision grounded in Indian realities, India@100 argues compellingly that India is at an inflection point that cannot be ignored. The country can grow at 8 per cent annually by reforming the economy zealously and doubling down on the sound policies implemented post 2014. Since 2007, when its GDP per capita was equal to India’s current level, China exploited its demographic dividend to grow at about 8 percent for about two decades. Similar growth for the next two decades will make India a $55 trillion economy by 2047. Through meticulous research and insightful analysis, Subramanian explores four key pillars to propel India’s growth: (i) macroeconomic emphasis on growth; (ii) microeconomic focus on social and economic inclusion; (iii) a vision of ethical wealth creation; and (iv) a strategy of a virtuous cycle triggered by investment. Within each pillar, he comprehensively covers the policy choices and the areas that require reform. India@100 effortlessly ignites the reader’s imagination and inspires a collective drive towards a future where India emerges as a dominant economic force. This is an invaluable book for anyone interested in the rise of the Indian economy.
600 _aEconomic Sector
_95453
650 _aEconomic and Policy
_95454
650 _aMacroeconomics
_95455
650 _aEthical Economics
_95456
650 _aPublic and Private Investment
_95457
650 _aEconomic Inclusion
_95458
942 _2ddc
_cB
999 _c356519
_d356519