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When Narendra Modi was elected Prime Minister of India in 2014, he promised to push through key reforms and bring about the massive economic development needed for the “world’s largest democracy” to win its place among global superpowers. With over 1.3 billion citizens, India is soon to become the world’s most populous country, and more than one quarter of the people joining global workforce during the next decade will be Indian. The poorest of the world’s 20 largest economies, India’s potential for catch-up growth is enormous. And so are the limits and contradictions India must overcome for Modi’s vision to gain momentum. What has his government achieved so far? How likely is Modi’s “Minimum government, maximum governance” strategy to deliver the expected outcomes? Is India, often described as a “reluctant superpower”, now closer to becoming a regional leader? In a crucial year for local elections, and with the Prime Minister ready to run for a second term in 2019, this volume investigates the economic, political and diplomatic trajectories of Modi’s India in its quest for a global role.
"India wins yet again!" Narendra Modi announced in May 2019, just after securing a second term as Prime Minister of the world's largest democracy in a landslide general elections victory. When Modi was elected for a first term five years ago, he promised that India would win back its place at the high table of leading world powers. Indeed, after decades of sustained growth, India today is at a tipping point in terms of socio-economic prospects for its 1.35 billion citizens. As the global balance of power and economic growth shifts towards Asia, and a whole new set of forces is seeking to redefine the international order, opportunities abound for the subcontinent to carve out its place as a leading, democratic, global actor. Is India ready to do so?
This book is a comprehensive work which incisively analyses, from a theoretically informed perspective, crucial aspects of India’s journey from partial divestiture to privatisation, accompanied by case studies of enterprises being privatised in FY 2022. Naib begins with the economic role of the state followed by theoretical and empirical evidence on the state versus private ownership in the first two chapters. Next, an overview of public sector in India including the New Public Sector Enterprise Policy for Atmanirbhar Bharat-2021 is discussed, before a broader examination of the global experience with privatisation is done. Naib then goes on to explore India’s journey from partial divest...
This book provides a state-of-the-art analysis of India’s foreign and security policies, examining e.g. the country’s security, economic and trade ties and interactions with Pakistan, China, the United States, Japan, the Middle East and ASEAN. Furthermore, the contributors provide the reader with an overview and analysis of the quality and challenges of India’s regional and global trade and investment policies. While in the past India has been a reluctant and not particularly prominent foreign and security policy actor in East and Southeast Asia as well as globally, China’s resurgence and its assertive and increasingly aggressive regional security policies have led India’s policyma...
For the better part of seven decades after independence, the Nehruvian idea of India held sway in India's polity, even if it was not always in consonance with the views of Jawaharlal Nehru himself. Three key features constituted the crux of the Nehruvian way: socialism, which in practice devolved to corruption and stagnation; secularism, which boxed citizens into group membership and diluted individual identity; and non-alignment, which effectively placed India in the Communist camp. In the early Nineties, India began a gradual withdrawal from this path. But it was only in 2019, with Narendra Modi's second successive win in the general elections, that this philosophy is finally being replace...
India is witnessing a major change in the way we look at money. Having reached the middle income status as a country, a vast section of the youth is now aspiring for higher financial goals. This large population is breaking away from its parents in almost every way, including financially. But the new generation of Indians entering the workforce demand more knowledge on their investments. They constantly grapple with complicated questions surrounding money: What do they do with their money? How do they plan for their future? Most of the time, they get bad advice. Mutual funds have not really delivered meaningful returns, stock selection is extremely complicated and sophisticated investments like PMSs, AIFs, etc., are only for the wealthy. This book tries to help these young investors by offering them a framework they can use to create wealth in the long run. Using the wisdom and experience of Indian's top personal finance professionals, the book answers critical questions, such as: Should I rent a house or buy a house? Passive investing versus active investing? Stocks versus mutual funds? Debt funds or FDs? And finally - crypto or no crypto?
This book examines the farmers' protests in Punjab against the backdrop of agricultural corporatization and recent farm legislation. It provides a comprehensive analysis of agrarian movements in Punjab, tracing their evolution from land reform struggles to contemporary protests against pricing policies and corporate agriculture. Through detailed case studies, the authors explore the historical context of farmers' movements, the role of unions and cultural mobilization, the significance of folk songs in shaping protest narratives, and the complex relationship between Sikh identity and farmers' rights. The subject matter of this book also includes: Analysis of Punjab's farmers' protests agains...
WITHOUT THE DARKNESS, LIGHT HAS NO PURPOSE. WITHOUT THE VILLAIN, WHAT WOULD THE GODS DO? INDIA, 3400 BCE. A land in tumult, poverty and chaos. Most people suffer quietly. A few rebel. Some fight for a better world. Some for themselves. Some don?t give a damn. Raavan. Fathered by one of the most illustrious sages of the time. Blessed by the Gods with talents beyond all. Cursed by fate to be tested to the extremes. A formidable teenage pirate, he is filled with equal parts courage, cruelty and fearsome resolve. A resolve to be a giant among men, to conquer, plunder, and seize the greatness that he thinks is his right. A man of contrasts, of brutal violence and scholarly knowledge. A man who will love without reward and kill without remorse. This exhilarating third book of the Ram Chandra series sheds light on Raavan, the king of Lanka. And the light shines on darkness of the darkest kind. Is he the greatest villain in history or just a man in a dark place, all the time? Read the epic tale of one of the most complex, violent, passionate and accomplished men of all time.
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