Changing the Indian Economy

Download or read book Changing the Indian Economy written by Rama P. Kanungo and published by Elsevier. This book was released on 2018-05-31 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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