India Unbound The Social and Economic Revolution from Independence to the Global Information Age characters õ 104

Gurcharan Das ☆ 4 characters

India Unbound The Social and Economic Revolution from Independence to the Global Information Age characters õ 104 Ê India today is a vibrant free market democracy a nation well on its way to overcoming decades of widespread poverty The nation's rise is one of the greatFormer CEO of Proctor Gamble India Das offers a uniue insider's perspective and he deftly interweaves memoir with history creating a book that is at once vigorously analytical and vividly written Impassioned erudite and eminently readable India Unbound is a must for anyone interested in the global economy and its futur. This is is a really insightful book chronicling India's journey post independence in the economic world The great thing is how Das uses his personal experiences to tell the story and goes into the philosophicalfundamental aspects of India's growth journey Personally as someone with slightly left of centre views on fiscal matters this was very enlightening and I believe necessary as Das is wholeheartedly pro capitalism in his ideas but he sells them well and address the problems with interesting solutions My only complaint with the writing would be that the ideas and examples got repetitive multiple times Nevertheless one of the best things that you can say about a book which I will say about this is that it has strongly impacted the way I see the world around me and has given me new dimensions to think in Recommended to anyone who doesn't know about post independence India or wishes to get a flavor of how an economy like India works

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India today is a vibrant free market democracy a nation well on its way to overcoming decades of widespread poverty The nation's rise is one of the great international stories of the late twentieth century and in India Unbound the acclaimed columnist Gurcharan Das offers a sweeping economic history of India from indepe. Through most of the reading I wanted to be critical of the book I was disappointed that the wisdom that was characteristic of the Das who wrote The Difficulty of Being Good was not much on display in his exploration of the 2nd of the four foundational principles Dharma Artha Kama Moksha of Indian life sic I could only conclude that it must be difficult for one man to take on the challenge of elucidating all four I also had some fun imagining that this might be even the case if he ver decides to turn to the third of the big 4The reason for this criticality was that it was constructed as a personal history it was supposed to be a growing up story for India entwined with Das's own For most of the book this imbued it with a needless tragic sense and also made it seem artificial The view seemed to be too one sided almost like a deliberately bourgeoisie history There was something not uite right in the telling and while Das’s smooth writing mostly glosses over this it did come out plainly in instances such as for example when he talked about the psychological basis for indian’s inability to cooperate and work in a team atmosphere A patently absurd Freudian explanation that even the author seemed to know as just playing for the standsIn all there seemed to be too much of being wise after the event and Das seemed reluctant to put behind his early enchantments and disillusionments with Nehru and his dreams not seeming to realize that the models were the best ones available back then This was exactly the sort of wafer thin analysis that lends very easily to the sort of creeping criticism for India and ‘our ways’ that is characteristic of the modern 'middle class'Then somewhere towards the end Das gives up the pretense of telling his own story and plunges into a reflective and clear headed assessment of present day India no longer overshadowed by the perceived failures of the past From being a depressing saga the book suddenly leapt into the sunlight of such intense optimism and sudden lack of generalizations The tide turns with the account of the exciting days of reform The drama and the personae are wonderfully captured and in spite of being a well worn story it literally keeps the reader at the edge of the seat as it unfolds like a Bollywood drama full of machinations and uick steps and side steps a subtle dance that Das takes great pleasure in composing and unravelling From then on the writing takes on a breathless character as if Das in his old age has recaptured the spirit that was supposed to awaken Independent India half a century ago That explains the title of the book though he could just as well have titled it Gurcharan Unbound after all it was not just India that reinvented itself towards the end of this 'personal history' In doing this Das vindicates his narrative choice the narrative moods were meant to capture the turbulent see saw of emotions that the nation itself went through Das does it beautifully it was just that I failed to appreciate it till the very end

review India Unbound The Social and Economic Revolution from Independence to the Global Information Age

India Unbound The Social and Economic Revolution from Independence to the Global Information AgeNdence to the new millenniumDas shows how India's policies after 1947 condemned the nation to a hobbled economy until 1991 when the government instituted sweeping reforms that paved the way for extraordinary growth Das traces these developments and tells the stories of the major players from Nehru through today As the. Though India achieved political independence in 1947 it missed the liberalization bus of Asian Tigers and had to wait till 1991 to obtain some comparable economic independence Gurcharan Das captures this economic journey in this autobiographical narrative through his life and that of people around him But in that ambitious effort I found him to be doing of a personal unbounding than that of India as a wholeAccording to Das the economic timeline of India went through a series of crests and troughs And after the episode of disasters by ‘British Raj’ Independent India adopted a inward looking import substituting anti foreign mostly west economic strategy Gandhi distrusted technology though not businessmen and wanted smaller companies over bigger corporations; Nehru on the other hand distrusted businessmen not technology and preferred public firms over private establishments And they both were in full favour of local make over foreign But in these efforts for embracing an egalitarian socialist slanted mixed economy Indian was actually chaining her Industrial revolution to neo colonialisation by its ill managed bureaucracy ‘License Raj’ Das is both critical and optimistic in his political scrutiny; he respects our forefather’s wisdom of age in regards with the events happening around the world In fact he compares it with the responses of neighbouring Asian TigersTaiwan Korea Singapore etc after global nationalism tide and tries to defend the then uniue Indian stand which unlike the rest of East had Democracy before CapitalismBook works both as a memoir and a critical social investigation through variegated business narratives A greater chunk of the first part is dedicated for exposure of India’s monopolistic public sector which seriously lacked autonomy of working Industries Act of 1951 made it punishable by law to produce beyond granted capacity and this over regulation of private enterprises further went into debarring of expansion via Indira’s MRTP of 1969 Though unapologetic and critical Das does acknowledges with numbers Second five year plan Green revolution White revolution and improvement in Indian savings and investments And remote efforts for liberalization by Desai Rajaji and Rajiv Pitroda are also accounted with romantic reverence But the ‘wage model’ economic slant according to Das was always overshadowed by political appeasements which never followed the rule of demand and supply Balance of Payment crisis of 1991 by short term commercial borrowings of 1985 government oil crisis and many other complimenting reasons forced Narasimha Rao’s stop gap government to approach Bretton Woods for financial aid This is where Das starts to actually breathe in the book like he was personally strangulated by Fabian socialism and license raj till then But these Rao Manmohan Verma reforms remained ‘soft’ for ‘Inspection Raj’ still thrived and public sector bleeding and layoffs followed the same old pattern Das connects this Cabinet cripple ment to ‘Elite to masses’ roots of Indian democracy which will always have its vested interests in old legacies Nehruvian Gandhian socialism hereThe narrative is gleeful towards the end where he discusses the recent events through Sen’s take on ‘Identity’ and argumentative traditions ‘Profit’ is no a dirty word and ‘poverty’ isn’t divine either At the start of the book he argues that Brahmins of India love to chant in Sanskrit and rant in English showing the class bias and theoretical preference over practical studies Funny enough it goes well with the later narrative of IT success which could be and somehow is the flagship product of country I was expecting this book to go dense into economy with real statistics and comparisons But the read felt a bit blunt in that realm though it had its appeasing traits Also by later portions of the book in his looking over a whole generat