LITFest

Indian Economy By 2047 | 28 Feb 1830-2000

‘Unshackling India – Hard Truths and Clear Choices for Economic Revival’ by Ajay Chhibber and Salman Anees Soz examines, how India use the next twenty-five years, when it will reach the hundredth year of independence, to restructure not only its economy but rejuvenate its democratic energy and unshackle its potential-to become a genuinely developed economy by 2047?

As India enters its seventy-fifth year of independence, conventional policy is unlikely to combat the breadth of its economic challenges. Across a range of areas-human capital, technology, agriculture, finance, trade, public service delivery and more-new ideas must now be on the table.

The book sets the stage for an interesting discourse on economic revival and re-engineering, changing the role of the state, developing human capital, unleashing competitiveness and being future ready through some key ideas that it proposes:

• Reducing the scope and reach of the state and strengthening its capability
• Greater focus on learning, skilling, and health outcomes – including nutrition
• Ending women’s exploitation: economic, political, legal and gender violence
• Re-engineering the economy for more inclusive growth
• Pursuing next generation reforms for realising demographic dividend
• Preparing to leave behind a better country for our children
• Reshaping India’s economic and social trajectory