India After Liberalisation English 2021

The 1991 liberalisation was India's biggest moment in its economic history after independence. As its effects began to percolate into how India lived and worked, the potential it had to lift the country and its millions out of the Hindu rate of growth started becoming apparent. Thirty years later, we seem to be on the cusp of a different story. In India after Liberalisation, Bimal Jalan, one of those closely associated with policymaking in the economic sector, as too the political side of delivering the benefits of those policies, offers a wide-angle view of how liberalisation has shaped up over the intervening decades. What emerges is the story of a country best placed to catch the tide to high growth and a system that, time after time, fails to live up to the challenge of decisionmaking. In crisp chapters, based on a wealth of knowledge and experience, are answers to key problems from exchange rate management and how to float the rupee without sinking to crucial changes in the way Parliament functions and reforms necessary in the banking and finance sectors, besides suggestions on tackling corruption. For any student of economic history or policymaker or participant who wants to understand why we are where we are, this is a timely, telling and essential guide. "