Name: India Rising: But Who Will Make It Happen?
Brand: Peacock Books
SKU: 9788124802700
Price: 188.0 INR
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India Rising: But Who Will Make It Happen?

by J.N. Rampal

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ISBN13: 9788124802700
Binding: Paperback
Subject: Economics
Publisher: Atlantic Publishers & Distributors (P) Ltd
Publisher Imprint: Peacock Books
Publication Date: May 26, 2012
Pages: 190
Original Price: INR 250.0
Language: English
Edition: N/A
Item Weight: 110 grams
BISAC Subject(s): N/A

About The Book

There are predictions everywhere about India’s rise as an economic superpower in the next few decades. International Monetary Fund’s World Economic Outlook (WEO) Database (April 2011) states that Indian economy will grow from US$ 1.54 trillion to US$ 2.78 trillion by 2016. John Humphrey of Institute of Development Studies puts year 2050 size of Indian economy at US$ 27 trillion. An optimistic Citibank study puts the figure at US$ 85 trillion on PPP basis. But the disturbing thought is that India has many times been crowned the highest potential nation in the past, however the promises have fizzled out due to one reason or the other. The economic projections about India’s meteoric rise come with some riders like India must improve its governance and regulatory framework; it must build institutions for finance, education and research; the country must scale up its infrastructure; and introduce economic reforms in right earnest. With these pre-requisites, the fulfillment of predictions about India dominating the world economy in future becomes uncertain. The events that took place in the economic front in India during 2011-12 are not encouraging. The rupee weakened against the US dollar and fell sharply from ` 44 to ` 55; there was a flight of foreign capital invested in India; inflation remained persistently above tolerance level; interest rates were increased several times to curb demand; and industrial production fell to its lowest in many years due to what is termed as ‘policy paralysis’. Notwithstanding, it is believed that India’s long-term growth story is intact. Not only the prevailing economic conditions but also data-sets from official and commercial sources make it impossible for a clear picture of India’s economic rise to emerge. The aim of this book is to answer the pertinent questions relating to India’s economic growth and the predictions of it dominating the world economy. It highlights various advantages that India has in terms of material and human resources that may turn this prediction into reality. It also underscores the fact that the Indians need to put their efforts together, be aware of the range of possibilities, acquire knowledge, skills and contribute meaningfully to make it happen. We need to provide them a panoramic view of India’s growth story and give them a starting point for their exploration. The book concludes that India’s ascent will be possible only if millions of Indians think objectively together and get to the right model for this great endeavour and then go on with it. The book is an attempt to get India’s youth thinking in this direction. It will trigger an objective thinking in the minds of young Indians about India of 2020 and beyond.

About The Author

J.N. Rampal did his engineering from Chandigarh, masters from IIT Kanpur and MBA from Delhi. He had some other learning stints at Bangalore, Mumbai and Kharagpur. He has worked at various places in India and abroad—in Scandinavia, Asia Pacific, Middle-East and the US. Rampal is an engineer, an educator, an entrepreneur and an MNC business head. Besides, he is a forward looking thinker and writer.

Table of Contents

Preface
1. Cycles of Change
2. A Brief History of India
3. A Peep into the Future of India
4. Monitoring India’s Rise: Indicators, Enablers and Show-stoppers: Putting them Together: The Concept of a Dashboard
5. Monitoring India’s Rise: Dream Scenario 2050
6. Monitoring India’s Rise: Dismal Scenario 2050
7. Monitoring India’s Rise: Possibilities 2050
8. Unravelling the Riddle: Who will it be, to Make Dream 2050 Possible
Epilogue
Appendices
Appendix “A”: Progress Dashboard Information Model: Macro Level View (Strategy Areas and Factors)
Appendix “B”: Progress Dashboard Information Model: Drilling down to level 3 (Sub-factors): Weight Assignment and Computation method
Bibliography

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