Will India Get Rich Before It Turns 100?: A Reality Check – By Prosenjit Datta (Published by Rupa Publications India)

Will India Get Rich Before It Turns 100?: A Reality Check – By Prosenjit Datta (Published by Rupa Publications India)

Rs. 424.00
Sale price  Rs. 424.00 Regular price  Rs. 499.00
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Will India Get Rich Before It Turns 100?: A Reality Check – By Prosenjit Datta (Published by Rupa Publications India)

Will India Get Rich Before It Turns 100?: A Reality Check – By Prosenjit Datta (Published by Rupa Publications India)

Rs. 424.00
Sale price  Rs. 424.00 Regular price  Rs. 499.00

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Look past the high-octane headlines of booming Gross Domestic Product (GDP) growth and confront the defining question of India's economic future. Published by Rupa Publications India, Will India Get Rich Before It Turns 100?: A Reality Check by one of India’s most respected business journalists and former editor of Business Today and Businessworld, Prosenjit Datta, is an intellectually rigorous, clear-eyed, and vital examination of the deep structural fractures threatening the Indian economic dream.

If you choose to believe the glowing statements of political leaders and hyper-optimistic market commentators, India's centenarian milestone will usher in a widespread economic paradise. However, Datta strips away this superficial myth-making to deliver a grounding reality check. While macro-indicators confirm that India is the world's fastest-growing large economy—firmly on track to surpass the $5 trillion milestone and secure its place among the top three global economies by GDP—this massive aggregate wealth conceals a deeply unpalatable truth: India continues to house one of the largest populations of impoverished people on earth, a reality that is highly likely to persist when the nation turns 100.

The crux of the book lies in a critical economic distinction: a rich country is not the same as a country of rich citizens. Datta argues that per capita income is the only true barometer of a nation's prosperity. Through data-driven analysis and sharp institutional critique, he examines why India's current growth model risks trapping the nation in a "middle-income trap," failing to elevate the average citizen to the living standards of the developed world.

Writing with the precision of a veteran financial analyst, Datta dissects the monumental hurdles standing between India and equitable affluence:

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Look past the high-octane headlines of booming Gross Domestic Product (GDP) growth and confront the defining question of India's economic future. Published by Rupa Publications India, Will India Get Rich Before It Turns 100?: A Reality Check by one of India’s most respected business journalists and former editor of Business Today and Businessworld, Prosenjit Datta, is an intellectually rigorous, clear-eyed, and vital examination of the deep structural fractures threatening the Indian economic dream.

If you choose to believe the glowing statements of political leaders and hyper-optimistic market commentators, India's centenarian milestone will usher in a widespread economic paradise. However, Datta strips away this superficial myth-making to deliver a grounding reality check. While macro-indicators confirm that India is the world's fastest-growing large economy—firmly on track to surpass the $5 trillion milestone and secure its place among the top three global economies by GDP—this massive aggregate wealth conceals a deeply unpalatable truth: India continues to house one of the largest populations of impoverished people on earth, a reality that is highly likely to persist when the nation turns 100.

The crux of the book lies in a critical economic distinction: a rich country is not the same as a country of rich citizens. Datta argues that per capita income is the only true barometer of a nation's prosperity. Through data-driven analysis and sharp institutional critique, he examines why India's current growth model risks trapping the nation in a "middle-income trap," failing to elevate the average citizen to the living standards of the developed world.

Writing with the precision of a veteran financial analyst, Datta dissects the monumental hurdles standing between India and equitable affluence:

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