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Indian Political Economy in the 21st Century: Facets and Challenges (The Gandhian Path to India’s Development)

Indian Political Economy in the 21st Century: Facets and Challenges (The Gandhian Path to India’s Development)

$43.00
Author:G R Krishna Gogineni
ISBN 13:9789389824230
Binding:Hardbound
Language:English
Year:2020
Subject:Economics

About the Book

This book presents an alternative model for India's development. For want of nearest popular expression, We Christen it as “theGandhian modal/paradigm/path”: (With few alterations and additions to Gandhism) This is the third path model to development, (different from Total free-market, aggressively - competitive American model and Totalitarian model of China). This path advocates for the chief focus on agriculture development as a first priority and resuscitation of self-employed sector, consisting millions and millions of peasants, fishermen, weavers, Smiths and other occupational skill - communities in rural India, to stop their large-scale migration to urban areas,Aggravatingunemployment situation. The book argues for the major priority to the development of small and cottage industries which, in the future shall contribute to more than 50 to 55 % of India's employment, as they do in German economy and Japanese economy.The book also argues for providing The Urban facilities to rural areas on the top priority basis. The book warns the policymakers not to fall prey to the luxury-trap of bullet trains, environment degradingand ecology damaging Heavy Industries, unduly heavy spending on defense expenditure and unproductive expenditure on large size governments and pet projects.