Description
India Unbound is the riveting story of a nation's rise from poverty to prosperity and the clash of ideas that occurred along the way. Today's India is a vibrant free-market democracy, and it has begun to flex its muscles in the global information economy. The old centralized, bureaucratic state, which stifled industrial growth, is on the decline; the lower castes have risen confidently through the ballot box. and the middle class has tripled in the last two decades. This economic and social transformation is one of the major themes of this book.
Gurcharan Das recounts the hope and despair of the last fifty years. The Licence Raj created a work environment in which a cousin of the author, on his first day at work in the railways, could precipitate a strike just because he was honest. And on one occasion, the author, even though a seasoned executive, was driven to sit by the polluted Yamuna and weep after a fruitless meeting with a bureaucrat. The transformation began in the golden summer of 1991, when a reticent reformer, Prime Minister P.V. Narasimha Rao, finally changed the nation's course through sweeping economic reforms. A restrictive regime, in which the state dictated everything, from a woman's choice of lipstick to the programmes on television, gave way to the optimism of a rising middle class eager to compete with the rest of the world. It was a quiet revolution, one that has not been chronicled before.
ISBN:9780670882656
