“Backstage: The Story Behind India’s High Growth Years”
Montek Singh Ahluwalia
“Backstage: The Story Behind India’s High Growth Years”
SKOCH Literature Award – Backstage: The Story Behind India’s High Growth Years
LITFest Panel Discussion – Ideas For Economic Revival
L to R: Kulmeet Bawa, President, CAII and President & MD, SAP India; Sameer Kochhar, Chairman, SKOCH Group & Montek Singh Ahluwalia, Former Deputy Chairman, Planning Commission
L to R: Kulmeet Bawa, President, CAII and President & MD, SAP India; Sameer Kochhar, Chairman, SKOCH Group & Montek Singh Ahluwalia, Former Deputy Chairman, Planning Commission
Backstage is not a memoir but an insider account of the making of India’s economic policy between 1979 – when the author returned home from the World Bank – and 2014; from a middling performer to a growth dynamo after the reforms. It is a story of substantial success. The book – Backstage – notes three things: the approach during the initial years to change as a combination of gradualism called reform by stealth; next, growth as part of the dismantling of the license raj and liberalisation; and three, the first six years of Modi’s government as beginning with a bang. The optimism that the book eludes cannot be ignored. It still serves as a cornerstone for India’s future economic thinking, unfolding ideas for economic revival. In India’s economic thinking, Montek has set standards, that few could measure up to. Backstage is a straightforward chronicle of legendary, brilliant, self-assured and suave economist participating in the momentous changes in India that mirrored his own career.
“Backstage: The Story Behind India’s High Growth Years”
Montek Singh Ahluwalia
Backstage: The Story Behind India’s High Growth Years’ by Montek Singh Ahluwalia candidly discusses the policy paralysis and allegations of corruption that came to mark the last few years of UPA2. It also delves into successes and failures of the UPA regime during his tenure with Planning Commission as Deputy Chairman. The book presents the story behind India’s spectacular economic growth in the first half of the UPA’s tenure as well as
Narrated with wit, humour and remarkable intellect, backstage is a definitive contribution to India’s economic and political history by one uniquely positioned to write it.
It recollects the journey of India from the LPG reforms to high growth years but may also serve as a cornerstone for India’s future economic thinking by virtue of some of the key ideas it proposes:
Macroeconomic Stability and the Fiscal Challenge
Fixing the Banking System
Accelerating Agricultural Growth
Employment Generation in a Changing World
Managing Centre-State Relations and Cooperative Federalism
The Role of Institutions
Montek Singh Ahluwalia Former Deputy Chairman Planning Commission
Montek Singh Ahluwalia served as one of India’s senior economic policymakers for three decades, and played a crucial role in the country’s turn from a state-run to a market-based economy. He was special secretary to Prime Ministers Rajiv Gandhi and V.P. Singh in the 1980s, and commerce secretary and finance secretary in the 1990s. He took a break from government in 2001, when he was selected by the IMF as the first director of their newly created Independent Evaluation Office. He returned in 2004 to the Government of India as the deputy chairman of the Planning Commission, with the rank of cabinet minister, a position he held up till May 2014. He was awarded the Padma Vibhushan, India’s second highest civilian honour, by the President of India in 2011 for his outstanding contribution to economic policy and public service.
Montek Singh Ahluwalia served as one of India’s senior economic policymakers for three decades, and played a crucial role in the country’s turn from a state-run to a market-based economy. He was special secretary to Prime Ministers Rajiv Gandhi and V.P. Singh in the 1980s, and commerce secretary and finance secretary in the 1990s. He took a break from government in 2001, when he was selected by the IMF as the first director of their newly created Independent Evaluation Office. He returned in 2004 to the Government of India as the deputy chairman of the Planning Commission, with the rank of cabinet minister, a position he held up till May 2014. He was awarded the Padma Vibhushan, India’s second highest civilian honour, by the President of India in 2011 for his outstanding contribution to economic policy and public service.
Montek Singh Ahluwalia Former Deputy Chairman Planning Commission
“Backstage: The Story Behind India’s High Growth Years”
Montek Singh Ahluwalia
Backstage: The Story Behind India’s High Growth Years’ by Montek Singh Ahluwalia candidly discusses the policy paralysis and allegations of corruption that came to mark the last few years of UPA2. It also delves into successes and failures of the UPA regime during his tenure with Planning Commission as Deputy Chairman. The book presents the story behind India’s spectacular economic growth in the first half of the UPA’s tenure as well as
Narrated with wit, humour and remarkable intellect, backstage is a definitive contribution to India’s economic and political history by one uniquely positioned to write it.
It recollects the journey of India from the LPG reforms to high growth years but may also serve as a cornerstone for India’s future economic thinking by virtue of some of the key ideas it proposes:
Macroeconomic Stability and the Fiscal Challenge
Fixing the Banking System
Accelerating Agricultural Growth
Employment Generation in a Changing World
Managing Centre-State Relations and Cooperative Federalism
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