Synopses & Reviews
Synopsis
Post-Modi India is witnessing an unprecedented socio-economic change, truly labelled as Modi's "Mantra"; the magic of latest Prime Minster Mr Narendra Modi to morph Indian economic landscape. India is using an intelligent economic process for its renewal and growth. However, in a recent study by Nomura, 2016, The Japanese Financial Services firm, it is reported that "There is a "downside risk" to India's baseline forecast of 7.8 per cent GDP growth in 2016." Although the report suggests that there was a mid-cycle consolidation in mid-2014, the recovery seems losing momentum. Although the recent government has demonstrated overreaching effort to reform and renew the economic system, in reality at ground level such reforms are not making the desired changes. Therefore, the book will offer a novel but inclusive outlook to the entire post-Modi economic overhaul.
- Offers a comprehensive narrative of the current economic scene
- Explores how the measures for reform are intelligent, and the weaknesses
- Shows how India has a strong potential to grow amidst diversity of economic reforms and changing governance
- Includes a compilation of insightful articles on Indian economic reform and future prospect
Synopsis
Changing the Indian Economy: Renewal, Reform and Revival explores the fact that post-Modi India is witnessing unprecedented socioeconomic change, truly labeled as Modi's Mantra and his attempts to morph the Indian economic landscape. India is using an intelligent economic process for its renewal and growth, however, in a recent study by Nomura, 2016, The Japanese Financial Services firm, it is reported that there is downside risk to India's baseline forecast of 7.8 per cent GDP growth in 2016. Although the report suggests that there was a mid-cycle consolidation in mid-2014, the recovery seems to be losing momentum.
This book offers a novel, but inclusive outlook to the entire post-Modi economic overhaul.
- Offers a comprehensive narrative of the current economic scene in India
- Explores how the measures for reform are intelligent, while also considering their weaknesses
- Shows how India has a strong potential to grow amidst diversity of economic reforms and changing governance
- Includes a compilation of insightful articles on Indian economic reform and future prospects