Making Growth Happen in India : A Road Map for Policy Success

Making Growth Happen in India : A Road Map for Policy Success

Author
V. Kumaraswamy
Publisher
SAGE Publications India Pvt, Ltd.
Language
English
Edition
1
Year
2014
Page
301
ISBN
9789351501077,9788132117926
File Type
epub
File Size
2.2 MiB

For India’s Economic Reforms Policy To Succeed, Its Programmes Should Be Firmly Anchored In The Reality Of The Social And Micro-institutional Context—something Our Policy Makers Often Regrettably Ignore. To Break Out Of 8 Or 9 Per Cent Growth Rates, We Need More Appropriate Skill Sets, Development Of Proper Attitudinal Infrastructure, Increased Capital Productivity, A More Optimal Savings Rate And Deliberate Creation Of Socially Productive Market Structures In Several Areas Such As Healthcare, Public Distribution And Higher Education. Employment Is The Best Way To Deliver Growth To The Vast Multitude And Reconcile The Growth Fixation Of Reformists And Socialistic Obsession With Distribution. The Book Suggests Several Unconventional Growth Engines Which Can Potentially Deliver Both And Make 12 Per Cent Growth Rates Realistically Possible. The Book Is Aimed At People Who Aspire To Take Part, Debate And Shape Our Destiny But May Not Have The Time For Deeper Research Or Patience With Economic Jargons.

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