CONTENTS:- 1. Where do We Stand ? 2. Development and Deprivation - 154 Years; 3. Growth and Poverty; 4. Competition and Efficiency; 5. Unintended Consequence and the 1990-91 Crisis; 6. Handling the 1990-91 Crisis and QRs; 7. Tariffs; 8. Export Subsidies; 9. Foreign Direct Investments; 10. FDI Policy and Numbers; 11. FERA; 12. Exchange Rate Changes; 13. Convertibility; 14. External Sector Successes; 15. The Constitution; 16. Constitutional Reforms; 17. The Legal Framework and Old Laws; 18. Statutory Law Reform; 19. Arrears in Courts; 20. Governance; 21. Administrative Reform; 22. Corruption; 23. Health, Education and the Government; 24. Government Expenses; 25. Reforming Subsidies; 26. Interest Rates and Interest Payments; 27. Defence Expenditure and Pensions; 28. State Budgets; 29. Public Sector Undertakings (PSUs); 30. Reforming PSUs; 31. Efficient Use of Capital; 32. Efficient Use of Labour; 33. School Education and State's Role; 34. Higher Education; 35. Health and Infrastructure; 36. Taxes; 37. The Golden BRIC Road; 38. Postscript - Redeeming the Pledge.
DESCRIPTION
Economists may pretend otherwise. But Economics is about common sense. India needs economic reforms to push up growth. Growth is needed to eliminate poverty and reduce unemployment. And reforms are needed to eliminate India's present status quo, with its pronounced anti-poor bias. All Indian citizens, present and future need to argue for liberalization, privatization, globalization) being a dirty expression. But liberalization is thrust down from top. At least, that's the perception. No books exist to explain the need for reforms. Those that do, are written by specialists and the target audience is also specialists. There are no books addressed to the interested citizen who is not a specialist. This book is not only an exception. It is the first of its kind. It removes the jargon and brings out the common sense in Indian economic policy making. There is no lecturing to the reader. The style is more of a dialogue. Read it and get convinced. Use your convictions to push for change. Don't leave it to North Block and PMO. That's the only way India will change and fulfill the failed and promised tryst with destiny. The time has come redeem the pledge.
