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The book gives a fresh insight into several aspects that have a huge relevance at the moment. What is creditworthy is the lucid way in which the author handles these issues. For example on the NREGA issue, he gives a nice example of how ‘NREGA is like giving excessive grace marks to a student who keeps failing his exams repeatedly’. This is an interesting take on the subject and I doubt whether any economist, whatever be their ideological leanings, will disapprove this.
Mr Kumaraswamy has applied his deep knowledge of consumer behaviour, developmental issues and programmes to come up with a suitable design for accelerating our growth. If India is to rightfully claim its place amongst the world’s leading economic powers and provide employment opportunities to its citizens, its policy makers would do well to seriously consider the author’s proposals.
The book blends data, anecdotes and analysis in a way that makes it both insightful and interesting—a combination rare in books on Indian economy.
There is no doubt that a well-implemented good strategy is better than a perfect strategy that is poorly implemented. Mr Kumaraswamy’s book provides a very refreshing non-economist’s perspective into the design and delivery of economic programmes rather than focussing on the relevance of reforms as a fundamental economic strategy. In doing so, it seeks to search for ways to improve their effectiveness and suggests new programmes aimed at enhancing the country’s growth rates.
This is an important book, written with a fresh perspective on the vital issues facing the country. Even though Kumaraswamy claims to be a non-economist, he has sufficient insights into the broad economics behind significant policy decisions to warrant a close reading by the policy makers and implementers. A must read for every Indian interested in the future of the country.
Mr Kumaraswamy’s insights into the drivers of change in India need to be widely absorbed. A timeless book at a strategic inflection point when India will certainly get rerated.
For a non-specialist, the book serves as an exciting entry point for an otherwise dull and purely academic world of macroeconomic policy debate. For the expert, it could provide an unconventional perspective.
A surprisingly insightful book on a subject — India’s reforms experience...the book belongs to a ‘centrist’ genre that favours the reforms process but acknowledges its serious drawbacks.
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