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The making of India: gamechanging transitions

By: Tilotia, Akhilesh.
Series: Kotak perspectives. Publisher: New Delhi Rupa Publications 2015Description: xiv, 243 p.ISBN: 9788129135421.Subject(s): Economic development - India | Social change - India | India - Economic conditions - 1991 | India - Politics and government - 21st century | Economic development | Economic history | Politics and government | Social change | IndiaDDC classification: 338.954 Summary: The Making of India chronicles the journey of India's demographic dividend through the varied transitions taking place in the economy. The forces shaping India's job market, its cities, its industry and agriculture and its equation with the rest of the world come from expected and unexpected places heralding massive opportunities and challenges for citizens, government and investors. Indians face a significant private cost of public failure. Across its public goods like power, roads, water, education, health and security, Indians have been offered poor outcomes as prices have been kept low in the name of the poor. Throughout the book, we encounter pricing distortions made by the iron-hand of the government (either making something cheap relative to its market price or more expensive) which has swayed incentives and outcomes in various sectors. As India dismantles these distortions, it gives rise to opportunities for those willing to harness this change. As the identity of Indian citizens and their money digitizes, how Indians interact with each other and their government is changing for the better. Increased material prosperity of Indians, especially if the gains are well-shared, will force a radical rethink of India’s consumption market. Thought-provoking and incisive, this insightful volume takes an in-depth look at the social, political and economic transformation we are witnessing in India today, and sets out to examine the unexpected, challenging but rewarding transitions that we as a nation will undergo in the years to come. It is the story of India as it is being made – and whether you are an investor, citizen or government representative you are sure to find yourself in many of these transitions.
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Slot 1030 (0 Floor, East Wing) Non-fiction 338.954 T4M2 (Browse shelf) Available 192422

The Making of India chronicles the journey of India's demographic dividend through the varied transitions taking place in the economy. The forces shaping India's job market, its cities, its industry and agriculture and its equation with the rest of the world come from expected and unexpected places heralding massive opportunities and challenges for citizens, government and investors.

Indians face a significant private cost of public failure. Across its public goods like power, roads, water, education, health and security, Indians have been offered poor outcomes as prices have been kept low in the name of the poor. Throughout the book, we encounter pricing distortions made by the iron-hand of the government (either making something cheap relative to its market price or more expensive) which has swayed incentives and outcomes in various sectors.

As India dismantles these distortions, it gives rise to opportunities for those willing to harness this change. As the identity of Indian citizens and their money digitizes, how Indians interact with each other and their government is changing for the better. Increased material prosperity of Indians, especially if the gains are well-shared, will force a radical rethink of India’s consumption market.

Thought-provoking and incisive, this insightful volume takes an in-depth look at the social, political and economic transformation we are witnessing in India today, and sets out to examine the unexpected, challenging but rewarding transitions that we as a nation will undergo in the years to come. It is the story of India as it is being made – and whether you are an investor, citizen or government representative you are sure to find yourself in many of these transitions.

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