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Book Synopsis
India is at a crossroads today. Its growth rate, while respectable relative to other large countries, is too low for the jobs our youth need. Intense competition in low-skilled manufacturing, increasing protectionism globally and growing automation make the situation still more difficult. Divisive majoritarianism does not help. India broke away from the standard development pathfrom agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, servicesa long time back by leapfrogging the intermediate steps. Rather than attempting to revert to development paths that may not be feasible any more, we must embark on a truly Indian path.

Breaking The Mould

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    A Hardback by Rajan G. Raghuram, Rohit Lamba

    £20.99

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      Book details

      Publisher Penguin Random House India
      Published 20 January 2024
      ISBN-13 9780670099894
      978-0670099894
      ISBN-10 0670099899
      Also in:
      Business, Finance & Law Economic theory and philosophy

      Description

      Book Synopsis
      India is at a crossroads today. Its growth rate, while respectable relative to other large countries, is too low for the jobs our youth need. Intense competition in low-skilled manufacturing, increasing protectionism globally and growing automation make the situation still more difficult. Divisive majoritarianism does not help. India broke away from the standard development pathfrom agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, servicesa long time back by leapfrogging the intermediate steps. Rather than attempting to revert to development paths that may not be feasible any more, we must embark on a truly Indian path.

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