THE INDIA STORY: AN EPIC JOURNEY OF DEMOCRACY AND DEVELOPMENT

Based on extensive research and data, and aided by Bimal Jalan’s experience as the former Governor of the Reserve Bank of India, this book gives us a vision for the way ahead. Since 2014, the political profile of the Indian Union government has changed dramatically. After a long period of coalitions and their innate issues and delays they bring to the reform process, we have a government that has a majority on its own. This puts India in a great place to initiate some strong, much-needed political and economic reforms in order to promote overall national interests. Before diving in, it is important to look back and learn from our past experiences, so that we don’t repeat the same mistakes. And who better than Bimal Jalan to take us through India’s economic past. Divided into two sections, ‘Learning from our Economic Past’ and ‘Beyond the Metrics of Economy’, the essays in this volume cover a range of topics—from economic and political reforms to good governance—and a recounting of the lessons they provide is bound to contribute immensely to the contemporary debate about India’s approach to its economy and political reforms in the twenty-first century. Product description About the Author Bimal Jalan is the former governor of the Reserve Bank of India (RBI). He has previously held several positions in the government, including those of finance secretary and chairman of the Economic Advisory Council to Prime Minister. A nominated member of parliament from 2003 to 2009 and the chairman of Expenditure Management Commission from 2014 to 2016, he also represented India on the Boards of the International Monetary Fund and the World Bank. In 2019, he was the chairman of the Economic Capital Framework set up by the RBI in association with the government. His previous books include India Then and Now: An Insider’s Account (2020); India Ahead: 2025 and Beyond (2018) and Politics Trumps Economics: The Interface of Economics and Politics in Contemporary India (2012) co-authored with Pulapre Balakrishnan.