Jan 31, 2004 12:50 PM
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(Updated Jan 31, 2004 12:50 PM)
This is one of the best books written on economics with respect to India. In fact it may not be appropriate to call it a hardcore eco chronicle. Perhaps it can be best described as nationalistic read for anyone who cares to be a responsible Indian.
The book deals with the Indian economic reality and the dream that remains unfulfilled even after the post-1991 reforms started unfolding, write the authors Malay & Arindam Choudhuri.
This book makes it easy for the masses to understand realities backed with huge research and data. It is extremely readable and easy to understand. The book uses simple words and projects India as where we are and where could we have been. It conveys that its time we realized that each of us counts and that we too can dream.
The Great Indian Dream gives the lay reader an insight into the Indian economy without resorting to difficult technical jargon. It analyses recent developments and often plausibly challenges the government for posing unreasonable hypotheses. For instance, the theory that the middle class is a potential market for multinational corporations is shot down with compelling statistics. It compares us to other growing economies, identifies problems and provides calculated solutions unlike any usual book which leaves it at merely ridiculing the govt policy. The book is a question and an answer in itself. It is a plan that can make India rise. The bottom line- we CAN achieve 14% (or more) growth rate.
The book further outlines India?s economic progress in comparison with the rest of the world and analyses challenges faced by the economy of the country. It emphasizes on how there is a need to adopt iconoclastic concepts to make for a happier society.
The book concludes with the ?Great Indian Dream,? a vision for a great Indian revival to catch up with the developed world in 25 years; a country free of poverty and its related ills and a globally applicable philosophy called ?happy capitalism? for a better world!
