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India unlimited : reclaiming the lost glory / Aravind Panagariya

By: Material type: TextTextPublication details: India HarperCollins Publishers 2020Description: 371 pISBN:
  • 9789353576660
Subject(s): DDC classification:
  • 330.954 PAN-A
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Item type Current library Collection Shelving location Call number Status Date due Barcode Item holds
Books Books BITS Pilani Hyderabad 330 General Stack (For lending) 330.954 PAN-A (Browse shelf(Opens below)) Available 41691
Total holds: 0

India used to contribute approximately a quarter of the worlds GDP until 1700 CE. As recently as 1820, this share was a hefty 16 per cent. But the Industrial Revolution shifted the centre of gravity of the global economy towards the West. The pernicious, indeed exploitative, policies of the British added to this shift by greatly impoverishing India.

Indias own policies during the first four decades following Independence denied it a rapid return to prosperity. But now that it has left those policies behind, opened up its economy and created a large GDP base, India can aspire to return to the prominent position it enjoyed in the global economy for so long. In The New India: A Reformers Guide, one of the countrys foremost economists, Arvind Panagariya, sets out a detailed pathway for India to regain its lost glory.

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