Decoding Indian Economy

Indian Economy covers various aspects of the Indian Economy including its problems along with suggested solutions. This book is a compilation of research done by students who were sensitized by news articles related to the contemporary Indian Economy. There is a wonderful book written by Goenkans. This book is a amazing steps to help the researchers and graduate students in the commerce for research developments. The ideas presented, intended to facilitate further research in the relevant field. On 14 August 1947, Nehru had declared: “Long years ago we made a tryst with destiny, and now the time comes when we shall redeem our pledge. The achievement we celebrate today is but a step, an opening of opportunity, to the great triumph and achievements that await us.” He reminded the country that the tasks ahead included “the ending of poverty and ignorance and disease and inequality of opportunity”. These were the basic foundations on which India embarked upon its path of development since gaining independence in 1947.

Now the question that arises is, how much has India really achieved in fulfilling the aspirations on which it was founded, as we are approaching the 75th year of independence? This book is by students and teachers of G.D.Goenka is a small step to answer this .In the wake of the pandemic, this book reflects what Indians experience and transact with today.Topics have been chosen keeping in mind that India is still struggling to come out of the economic morass.

Moody’s Investors Service in its latest report has projected that the economic growth in India will rebound strongly. It has pegged GDP growth for the nation at 9.3% and 7.9% in FY22 and FY23, respectively. However, we must not forget that India will take time to terms with the disruptions caused by the virus. It is now clear that the pandemic has brought the world to the second great economic and financial crisis of the 21st century and is likely to have long-term structural repercussions. What’s more, it has laid bare the fragilities of the global economic and geopolitical order.In this book we have tried to take cover topics like employment, sustainable development, medical tourism, BOP has been covered in the book which is crucial in shaping a new India with a better future for all.

On the global stage, India’s diplomatic efforts are driven by the philosophy of vasudhaivakutumbakam – the world is one family. This is the kind of narrative our students have adopted in this book. Indeed, India’s call for renewed and reformed multilateralism is resonating with global leaders and policy-makers and our Goenkans are torch bearers for the same.

The book ” Decoding Indian Economy” is written by GOENKANS Edited by Dr. Priyanka Raheja, Co-edited by Ms. Manjari Arora , Student Editor is Ms. Vanshika Bansal & Illustrator done by Ms.Ramya Arora . The book published by ISL Publications