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India @100, Envisioning Tomorrow’s Economic Powerhouse by Krishnamurthy Subramanian

India @100, Envisioning Tomorrow’s Economic Powerhouse by Krishnamurthy Subramanian

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Book Summary

  • Subramanian presents a bold yet data-driven vision for India to transform into a $55 trillion economy by 2047, the centenary of independence—contingent on sustaining real GDP growth of ~8%, supported by controlled inflation and stable exchange rates 

  • The core framework is built around four pillars of progress:

    1. Macroeconomic focus on growth—sound fiscal & monetary policies.

    2. Microeconomic emphasis on inclusion—boost living standards across society.

    3. Ethical wealth creation—cultivating a pro-business culture grounded in moral enterprise.

    4. A virtuous investment cycle—primary public investment attracts private capital.

    5. Subramanian advocates structural reforms in agriculture, industry, judiciary, bureaucracy, healthcare, and education, encouraging innovation that generates jobs and aligns with current skill demographics.

  • The analysis draws on global lessons (China, Japan, Germany), emphasises behavioral economics tools like “Thalinomics,” and proposes applying Tinbergen’s Rule for efficient policymaking and the book serves as both a blueprint and a motivational call-to-action for policymakers, economists, students, and business leaders driving India’s next phase of growth.

About the Author

Dr. Krishnamurthy V. Subramanian is a renowned Indian economist, best known for serving as the Chief Economic Adviser to the Government of India from 2018 to 2021, where he introduced impactful ideas like Ethical Wealth Creation, Thalinomics, and the V-shaped recovery. An alumnus of IIT Kanpur, IIM Calcutta, and the University of Chicago (Ph.D. in Financial Economics), he blends deep academic insight with practical policy-making. He also served as India’s Executive Director at the IMF and is currently a Professor of Finance at the Indian School of Business. Known for integrating Indian ethical principles with economics, he remains a leading voice in shaping India’s economic future.

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