Bimal Jalan’s new work sheds light priorities that the govt can implement to realise the potential of the nation’s economy
GN Bureau | June 24, 2022
From Dependence to Self-Reliance: Mapping India’s Rise as a Global Superpower
By Bimal Jalan
Rupa Publications, 184 pages, Rs 695
Bimal Jalan, a former governor of the Reserve Bank of India (RBI), has been one of our finest commentators on economy, known for lucid and reader-friendly analysis. In recent years, he has authored three books that give a broad-brush outline of India’s contemporary economic history: ‘India After Liberalisation: An Overview’ (2021), ‘India Reckoning: Rewards and Discontents of Democracy’ (2021), and ‘India Then and Now: An Insider’s Account’ (2020). His latest work, ‘From Dependence to Self-Reliance: Mapping India’s Rise as a Global Superpower’, “continues the strand of thought of” those three works, as he writes in the preface.
In particular, the new book aims to add to “the ongoing debate about India’s approach to future economic growth, as well as governance and political issues in the twenty-first century”.
With the BJP government in the second term with an unprecedented popularity across the country and majority in Parliament, the political profile of the government has undergone a major change. The government, with an unambiguous mandate, is now in a position to launch political reforms on its own without relying on the discretionary powers of members belonging to other parties. ‘From Dependence to Self-Reliance’ sheds light on some of the priorities that the government can implement at present, as well as in the future, in light of past experience.
Based on extensive research and data, this book provides a way forward to developing India as an economic stronghold. Its ten chapters are divided into three sections: Economy, Governance and Politics, covering a gamut of changes that have taken place since India gained independence and how these changes have had a ground-breaking impact on the development of the nation. It is a must-read to gain an in-depth understanding of India’s rise to power in the realm of economy, politics and technology.
The gig economy has arrived in India, as the Covid-19 pandemic has propelled a flexibility of employment. As many as 77 lakh workers were engaged in the gig economy, constituting 2.6% of the non-agricultural workforce or 1.5% of the total workforce in India. The gig workforce is expected to expand to 2.35
From obtaining an electricity connection to a driver`s licence, ration card, or old-age allowance, delivery of government schemes and services is an aspect of governance that impacts citizens at various points throughout their lives. The Haryana state government provides over 600 such schemes and services.
While many countries have been chasing to reach the carbon neutral status, only a few seem to be living up to their pledges as of now. The famous ’Paris Agreement’ of 2015 was glorified and celebrated that finally 196 countries have united with an intent to mitigate and reduce the greenhouse ga
The government this week announced the Tour of Duty or `Agnipath` scheme for the recruitment of soldiers in the armed forces. Under this scheme new soldiers will be recruited only for four years. This radical and far-reaching scheme has attracted mixed reactions from various quarters. While some officials
UPI has become an integral part of our daily lives now. We use it to buy groceries, we use it to send money to friends and family, we use it to purchase tickets, book shows, pay the cab driver, and a whole host of other things due to the ease and availability of such a platform at our fingertips. The best
Scorching Love: Letters from Mohandas Karamchand Gandhi to his son, Devadas By Gopalkrishna Gandhi and Tridip Suhrud Oxford University Press, 528 page, Rs 1495 Gandhi’s era happened to be an era when letter-writing was a primary mode of communica