New India : reclaiming the lost glory / Arvind Panagariya.
Panagariya, Arvind| Call Number | 330.954 |
| Author | Panagariya, Arvind, author. |
| Title | New India : reclaiming the lost glory / Arvind Panagariya. |
| Physical Description | 1 online resource : illustrations (black and white). |
| Series | Oxford scholarship online |
| Notes | Also issued in print: 2020. |
| Summary | Its GDP having touched $2.6 trillion, India is poised to become the world's third-largest economy in less than a decade. In doing so, it will have moved one step closer to reclaiming its pre-1820s glory, when it accounted for one-sixth of global output and ranked second in economic size. This rapid movement in the absolute size of the economy will be insufficient, however, to bring prosperity to India's vast population. Today, 44 percent of the country's workforce remains in agriculture and another 42 percent in tiny enterprises with fewer than twenty workers. Labor productivity of both sets of workers remains low, and they live overwhelmingly on subsistence-level incomes. This text lays down a concise road map of reforms that would help transform the country and create well-paid jobs in industry and services for those with limited or no skills. |
| Subject | Industrial policy India. Education and state India. Business enterprises India. Labor market India. Banks and banking India. India Economic policy 21st century. |
| Multimedia |
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$a Its GDP having touched $2.6 trillion, India is poised to become the world's third-largest economy in less than a decade. In doing so, it will have moved one step closer to reclaiming its pre-1820s glory, when it accounted for one-sixth of global output and ranked second in economic size. This rapid movement in the absolute size of the economy will be insufficient, however, to bring prosperity to India's vast population. Today, 44 percent of the country's workforce remains in agriculture and another 42 percent in tiny enterprises with fewer than twenty workers. Labor productivity of both sets of workers remains low, and they live overwhelmingly on subsistence-level incomes. This text lays down a concise road map of reforms that would help transform the country and create well-paid jobs in industry and services for those with limited or no skills.
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$a Description based on online resource; title from home page (viewed on August 25, 2020).
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| Summary | Its GDP having touched $2.6 trillion, India is poised to become the world's third-largest economy in less than a decade. In doing so, it will have moved one step closer to reclaiming its pre-1820s glory, when it accounted for one-sixth of global output and ranked second in economic size. This rapid movement in the absolute size of the economy will be insufficient, however, to bring prosperity to India's vast population. Today, 44 percent of the country's workforce remains in agriculture and another 42 percent in tiny enterprises with fewer than twenty workers. Labor productivity of both sets of workers remains low, and they live overwhelmingly on subsistence-level incomes. This text lays down a concise road map of reforms that would help transform the country and create well-paid jobs in industry and services for those with limited or no skills. |
| Notes | Also issued in print: 2020. |
| Subject | Industrial policy India. Education and state India. Business enterprises India. Labor market India. Banks and banking India. India Economic policy 21st century. |
| Multimedia |