Turn Around India 2020

ISBN Number : 978-93-90515-40-0

Student Price : Rs.625

Student Dollar Price : 25$

Book Edition : First

Year of Publication : 2020

No. Of Pages : 314

Book Weight :0

About The Book

India has been facing uneven growth. For unlocking its hidden potential, it must surmount past legacy and accept "free economy" by conviction and not by compulsion. This book provides creative ideas for hassle-free growth. For ending the pandemic crisis, it recommends fiscal and monetary stimuli along with structural reforms. For pro-growth reforms, India must spread economic awareness and craft team spirit among all stakeholders.

 

Contents -

1. Awareness about Economic Needs of Nation Must Spread
2. GDP: An Innovative Tool for Measuring National Income
3. Pre-independence: Economic History
4. Post-independence: Economic History
5. Post Pandemic: How to Combat Economy Crisis?
6. Modified Gold Monetization Scheme – 2020
7. Bank Credits for Survival and Revival of Economy
8. How to Convert Pandemic Crisis in to an Opportunity?
9. Rupee Should Depreciate or Appreciate?
10. Shun Trust Deficit and Build Team Spirit
11. Public Relations: An Effective Tool for Good Governance
12. Productive Usage of Crop Residue
13. Promote Self-employment and Small Business
14. Incremental Reforms Must Not Surmount Prime Objectives
15. India Needs Basic Reforms and Pro-business Climate
16. Unorganized Sector Needs Soft Handling
17. Agro Policy Should Boost Farmer's Income
18. Is India's Growth Model Jobless?
19. Is Cash Economy a Black Economy?
20. NPA Monster Will Disrupt Real Economy
21. Energy Policy Must Cut Import and Ensure Competitive Price
22. For Actual Revival: India Must Surmount Past Legacy
23. India Must be Globally Competitive
24. Financial Sector Reforms for Developmental Outcome
25. High Interest: A Big Hindrance to Income Distribution
26. India is Missing Opportunity
27. Declining Investment and Growth Challenges
28. Boost Infrastructure Spending and Stimulate Economy
29. New Series of GDP Reveals "All is Well"
30. Corporate Social Responsibility
31. Media Responsibility – Time for Self-introspection
32. Media in Consumer Protection
Abbreviations
Table Index

About The Author

Mr. R.P. Gupta is a graduate engineer with brilliant academic records and having experience of over four decades in managing small corporate. His articles on Indian Economy are seen quite often in different magazines.

"It will be the best day, when entire population becomes self-dependent without looking for subsidy. I wish our living standard matches with that of developed countries and we command respect in the world fratemity. I wish I could see my Great India in such an elevated position in my lifetime".

Book Reviews

Economic activities provide jobs, generate public income and bring prosperity to nation. For hassle-free growth, India must surmount past legacies and undertake series of legal and structural reforms.

True economic reforms are somewhat similar to bitter pills which provide a permanent cure to ailing economy. Considering past legacies, India must spread economic awareness among every Indian, so that framing of those reforms does not face any road blockade.

Even after 73 years of independence, business laws and regulations are influenced by British colonial legacy, which are indeed difficult to comply with. The laws and regulations are not sacrosanct. If those don't deliver developmental outcome, those must change for the prosperity of nation.

Post-independence, India inherited an efficient system of governance along with a talented bureaucracy; which can deliver amazing results. However, the philosophy of governance should change from the concept of "ruling India" to "developing India". India must surmount colonial legacy for unlocking its growth potential.

Post-independence, India adopted Soviet Union model of economy which did not encourage private investments. Economic policies were based up on the socialistic philosophy, an Indian version of communism. Initially for 30 years, GDP growth was mostly restrained below 4.0%, a "Hindu growth rate". India must surmount socialistic legacy for achieving higher growth and crafting prosperity.

Any productive asset, irrespective of the management control under private or public sector, generates jobs, public income (GDP) and Government income (Tax). That must be treated as a National Asset and be protected in the public interest. Such a message should travel down below the line up to Panchayat level.

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