India @100 : Envisioning Tomorrow�S Economic Powerhouse
<b><i>A $55 trillion Indian economy rivalling the world�s largest in 2047, when India celebrates its centennial�audacious or achievable?</i></b><br><br> In <i>India@100: Envisioning Tomorrow�s Economic Powerhouse</i>, Krishnamurthy Subramanian explores this once-in-several-centuries opportunity knocking on India�s doors. With a bold vision grounded in Indian realities, <i>India@100</i> 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. <br><br> 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. <br><br> <i>India@100</i> 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.
Categories: Business & Economics
