by Christian Ketels
This paper takes a different perspective. Building on the “Roadmap for Better Growth – India@100”[1] it concentrates on what India should focus on to realize its potential. Nothing is ever entirely inevitable in economic development. India clearly has significantly opportunities, but these will only translate into actual growth and prosperity when active steps are taken to exploit them. India has also already made more progress than many give the country credit for[2], especially some observers in the West that remain stuck in an outdated perception of the country[3]. But that does not mean that the remaining obstacles ahead are trivial. The government has launched many policy initiatives over recent years[4]. But are they enough or the right ones to ensure future success? This is a question that the pride about India’s achievements and potential should not overshadow.
The complete paper can be read here.
[1] Competitiveness Roadmap For India@100 – EAC-PM (eacpm.gov.in)
[2] MADE IN INDIA: 75 Years of Business and Enterprise : Amitabh Kant, Amitabh Kant: Amazon.in: Books
[3] Understanding The ‘New India’ And What It Means For Europe – Analysis – Eurasia Review
[4] Panagariya, Arvind (2018), India: Three and a Half Years of Modinomics, Columbia SIPA Working Paper 2018-01, Columbia University: New York, NY
