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Key question: What do we have to do to make India a prosperous country by 2047, when we will celebrate 100 years of political independence? That's only 25 years away. In this fast-changing world, it is unrealistic to have a concrete 25-year plan. Instead, the book lays out the key issues that must be resolved in the next 10-15 years (Phase 1). This will lay the foundations of prosperity. After that, India can move quickly in the remaining years (Phase 2) on its path to prosperity, taking advantage of opportunities as they arise. These fundamental issues are complex, and their workable solutions have yet to be agreed upon. For example, in India, the average marginal and small farmers are poor. What will their children and grandchildren do? They can never become well-off on the small piece of land the family has. Plus, they go to lousy schools, and tend to be undernourished. So, their skill levels are low. Will they still be poor in 2047? If yes, how will India be prosperous? Hence, the book does not provide detailed solutions - just broadly defined options, where possible. The idea is to set off national discussions about the key issues. The book has no mathematics or jargon; it has plenty of charts. It is written at the reading level of Standard 9-10 students.
‘Vision India – 2047’ with the vision of transforming the nation into a digitally empowered society and knowledge economy. Viksit Bharat @2047 is the vision to make India a developed nation by 2047, the 100th year of independence. The programme seeks to provide citizens with access to digital services, enhance efficiency and transparency in government processes, and promote digital inclusion across all sections of society. According to estimates by Niti Aayog, India's economy is expected to surge to $30 trillion by 2047, a significant increase from the current $4 trillion. This book will enlighten the areas of opportunities for India as a developed nation and highlight the long-term spending projections that will cover capital expenditure, subsidies, and incentives.
As India enters its seventy-fifth year of independence, conventional policy is unlikely to combat the breadth of its economic challenges. Across a range of areas-human capital, technology, agriculture, finance, trade, public service delivery and more-new ideas must now be on the table. The COVID-19 pandemic has not only cost India many lives and livelihoods, it has also exposed major structural weaknesses in the economy. A huge farm and jobs crisis, rising and massive inequalities, tepid investment growth, and chronic banking sector challenges have plagued the economy, exacerbated by the COVID-19 pandemic. It has also exposed the limitations of the Indian state, which tries to control too much-and ends up stifling the economy and the inherent energies of its young population. Climate change is no longer a distant threat, while disruptive technology has huge implications for India's demographic dividend. In addition, the dangerous lurch towards majoritarianism will cast its shadow on India's pursuit of prosperity for all. Unshackling India examines the question: Can India use the next twenty-five years, when it will reach the hundredth year of independence, to restructure not only its economy but rejuvenate its democratic energy and unshackle its potential-to become a genuinely developed economy by 2047? The book argues that India can foster a prosperous and inclusive economy if it sets its mind to it, acknowledges the hard truths, and lays out the clear choices and new ideas India must adopt towards that end.
For the past 25 years, Tamal Bandyopadhyay has been a keen student of Indian banking. A lifelong reporter and journalist, he is an award-winning national business columnist and a bestselling author. He is widely recognised for ‘Banker’s Trust’, a weekly column whose unerring ability to anticipate and dissect major policy decisions in India’s banking and finance has earned him a large print and digital audience around the world. The column won Tamal the Ramnath Goenka Award for Excellence in Journalism (commentary and interpretative writing) for 2017. Banker’s Trust now appears in Business Standard, where he is a Consulting Editor. Previously, Tamal has had stints with three other national business dailies in India, and was a founding member of Mint newspaper and Livemint.com. He is also a Senior Adviser to Jana Small Finance Bank Ltd. Between 2014 and 2018, as an adviser on strategy for Bandhan Bank Ltd, he had a ringside view of the first-ever transformation of a microfinance institution in India into a universal bank. Author of five other books, Tamal is widely recognised as a contributor to the Oxford Handbook of the Indian Economy and Making of New India: Transformation Under Modi Government. In 2019, LinkedIn named him as one of the ‘most influential voices in India’.
This open access book examines the interactions between India’s economic development, agricultural production, and nutrition through the lens of a “Food Systems Approach (FSA).” The Indian growth story is a paradoxical one. Despite economic progress over the past two decades, regional inequality, food insecurity and malnutrition problems persist. Simultaneously, recent trends in obesity along with micro-nutrient deficiency portend to a future public health crisis. This book explores various challenges and opportunities to achieve a nutrition-secure future through diversified production systems, improved health and hygiene environment and greater individual capability to access a balanced diet contributing to an increase in overall productivity. The authors bring together the latest data and scientific evidence from the country to map out the current state of food systems and nutrition outcomes. They place India within the context of other developing country experiences and highlight India’s status as an outlier in terms of the persistence of high levels of stunting while following global trends in obesity. This book discusses the policy and institutional interventions needed for promoting a nutrition-sensitive food system and the multi-sectoral strategies needed for simultaneously addressing the triple burden of malnutrition in India.
This book is a condensed version, about one-third of the length, of my Core Economics book. The book has been shortened by dropping charts, details, and examples. I
India today is a vibrant free-market democracy, a nation well on its way to overcoming decades of widespread poverty. The nation’s rise is one of the great international stories of the late twentieth century, and in India Unbound the acclaimed columnist Gurcharan Das offers a sweeping economic history of India from independence to the new millennium. Das shows how India’s policies after 1947 condemned the nation to a hobbled economy until 1991, when the government instituted sweeping reforms that paved the way for extraordinary growth. Das traces these developments and tells the stories of the major players from Nehru through today. As the former CEO of Proctor & Gamble India, Das offers a unique insider’s perspective and he deftly interweaves memoir with history, creating a book that is at once vigorously analytical and vividly written. Impassioned, erudite, and eminently readable, India Unbound is a must for anyone interested in the global economy and its future.
To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.
In The Business of the 21st Century, Robert Kiyosaki explains the revolutionary business of network marketing in the context of what makes any business a success in any economic situation. This book lends credibility to multilevel marketing business, and justifies why it is an ideal avenue through which to learn basic business and sales skills... and earn money.
The CLAWS Journal Winter 2022 is focussed on strategic, conceptual and technological aspects of development of military capabilities. We need to examine security makeover and a road map for securing rise of India as a developed nation in near future. With assertive China on our northern borders, there is a need to visualise the context and contours of India’s future wars. Nuclear deterrence remains relevant for India to maintain strategic stability especially against assertive China. At the same time Indian military should incorporate non-contact warfare as a strategy to fight multi-domain wars.