The New Economic Paradigm: India in the Covid World
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This is a topical book of immense significance and value. The author has made substantive contribution in this well thought out and clearly articulated book.The raging Global Pandemic which has also affected the Indian Economy, has caused widespread anxiety, that we have derailed from a high economic growth trajectory. Through all its downturns and difficulties, in the face of global challenges, we will overcome, this is the most powerful message of the Book.Through its eight chapters author explores, the negative sentiment of the rating agencies and why this will changedue to the strong fundamentals and thein herent strengths of the Indian Economy. Inherently the Indian Economy has several strengths its natural strengths its demographic dividend.Institutional reforms focus on the Banking, MSME and agriculture sector efforts in the direction of macroeconomic stability and structural reforms will lead to economic recovery and a restoration of the growth momentum. Itexplains the reasons for the growth slowdown, the steps taken to address it and provides a framework for ensuringsustainable, scalable, inclusive, economic growth. Growth with equity is an economic necessity and amoral imperative.The book must be read by Policy Makers, Academics, Economists, scholars, subject experts, students, Administrators, Bankers, Students of the Indian Economy, Thinkers and all those who are concerned with the times we live in–“For whom the Bell tolls, it tolls for the.''
Dr. Deepali Pant Joshi is an eminent Economist and a thought leader. As acareer Central Banker, she demitted office as Executive Director of the Reserve Bank of India after adistinguished career spanning thirty six years. She has written extensively and is deeply concerned with the growthslowdown and the efforts to be made to meet the revolution of rising expectations of India's young population and to ensure Growth with equity. Dr Joshi functions as an Independent Policy and Strategy Consultant. She is also a distinguished academic and policy analyst.
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