[Read] ➼ The Indian Renaissance: India's Rise After a Thousand Years of Decline ➹ Sanjeev Sanyal – Rvtrek.info

The Indian Renaissance: India's Rise After a Thousand Years of Decline India S Recent Economic Performance Has Attracted World Attention But The Country Is Re Awakening Not Just As An Economy But As A Civilization After A Thousand Years Of The Decline, It Now Has A Genuine Opportunity To Re Establish Itself As A Major Global Power.In The Indian Renaissance , The Author, Sanjeev Sanyal, Looks At The Processes That Led To Ten Centuries Of Fossilization And Then At The Powerful Economic And Social Forces That Are Now Working Together To Transform India Beyond Recognition These Range From Demographic Shifts To Rising Literacy Levels, But The Most Important Revolution Has Been The Opening Of Mind And The Changed Attitude Towards Innovation And Risk.This Book Is About How India Found Itself At This Historic Juncture, The Obstacles That It Still Needs To Negotiate And The Future That It May Enjoy The Author Tells The Story From The Perspective Of The New Generation Of Indians Who Have Emerged From This Great Period Of Change.Published And Distributed Worldwide By World Scientific Publishing Co Except India, UK And North America I read two books of Sanjeev Sanyal back to back His books will definitely give you a sense of pride about your country with a very optimistic outlook This book explains how different factors such as demographics, culture, attitude, innovation, risk taking capability, service sector growth etc are contributing to India s growth trajectory A special emphasis on the power of Indian middle class has been put and explained at length It is a simple r It was written in 2008 So many things have changed since then so this book needs a second edition Many people have problem with first chapter and they stop reading after that A friend of mine who is preparing for UPSC stopped reading after reading the statement that Aryan Invasion Theory has largely been debunked And she told me this that she couldn t read it any further I tried to convince her sending her bunch of scie Not as interesting as his latest work ie the land of seven rivers Positives Talkes about the middle class of India and how it grew and hhow it wil grewfossilisation of ideas Kolkotta being an example India s demographic divident and how primary education and blue collar jobs will play an interlinking part in it N The period focused in this book is after 1990s Since, Arvind Subramanian has convincingly argued in his own book India s Turn about foundations being laid in 1980s of the impressive economic growth later on, it would have been wise to also cover this decade The author has laid down important factors responsible for India s Renaissance that flowered in 1990s The outlook of the book is positive The greatest emphasis is given on rise in educational level of previous unskilled workers which is bringing in the type of workers who can be used, in mass, in modern manufacturing companies The time has come to shed greater reliance on highly skilled workers, as their shortage has lead to payment of highly premium wages which would not be sustainable any So in a way, India would be taking not a forward leap but a lateral cum backward leap, in terms of major sources of national income I personally enjoyed Chapters 7 and 8 Former highlighted the importance of second generation reforms which are different than regulatory reforms and pertain Turned out to be a little too verbose and monotonous. The Indian Renaissance is the tale of India s economy Although Sanjeev Sanyal has written some excellent books on India from a historical and geographical perspective, he is an economist by profession, and his first book shows us that it s his forte as well After a brief look at how India collapsed from being the country with the largest share of GDP in the world to one of the lowest, he centers most of the book around the liberalization reforms of 1991 as the focal point and the watershed moment in independent India s history, considering it important than 1947 itself.While a lot of people are aware of the impact that liberalization has had on the Indian economy not many are aware of the causes which led to it The author walks us through this phase commonly known as license raj and how it stifled productivity, growth and fostered an inward looking and narrow minded outlook among the citizens He also rightly identifies that the socialist policies implemented during the years from 47 91 might have been a knee jerk reaction of distrust of the ou Sanjeev Sanyal presents a small but powerful description of how the Indian history would be recounted 50 60 years down the line 1947 was the year when the country woke up to freedom however the poverty and malnutrition still plagued the country at large Hindu rate of growth and the license raj prevented the economy to breathe The common man had limited options even when it came to cars This was the time when Rao and Manmohan were forced to open up the economy to meet the balance of payment crisis in 1991 Sanjeev Sanyal has beautifully described the entire situation and what actually led to this condition It was not just the policies of Malnobis and Nehru which were to blame but with the vigour they were followed in the country In pursuit of growth through socialistic measures the country compromised its string of entrepreneurs and little businesses Private sector was considered as a taboo and what little survived of private houses were only the big houses There was not enough space for common man to become rich 1991 changed everything It was renaissance in true sense As the book uncovers the same through various facets In order to elaborate the changes the author has describe A well researched book on state of economic affairs of Indian subcontinent in past 1000 years and subsequent shift in economy of the country post liberalization in 1991 along with the road map to becoming an economic superpower The author tries to establish throughout the book that To take advantage of the world, one needs the right attitude towards innovation, change and risk taking with numerous anecdotes from history of India and the world It is this attitude that lead to the decline of the most prosperous land on Earth a millennium ago and indeed it is the same attitude that has put India steadfast on the path of becoming the largest economy in the world in years to come.The book begins by painting the picture of Indian economy before the decline which started after 1000 AD Being the biggest contributor to the world GDP in that era, the Indian society also gave rise to yoga, algebra, the concept of zero, chess, plastic surgery, metallurgy, Hinduism, Buddhism etc highlighting the golden period of the stable and developed society Subsequently, with the onset of closed mindedness and colo Being a recently selected and appointed civil servant, I must say, it feels as if I was reading the economic survey of the Govt of India while reading this book Critics of the neo liberal school of thought say that, the people of today have the advantage of hindsight when they retrospectively put the Nehru Mahalobanis model in the docks.Frankly I believe both the schools of thought have merit It just totally depended on the acumen and foresight and the risk taking ability of the men at the helm of affairs, who macromanaged the INDIAN financial policy at the wake of independence.The harrowing experience of imperialism did leave an indelible mark on the INDIAN psyche for sure.All in all it s a good book for laymanese understanding Especially because of the comparative picture painted comparing India wth the global powers of today, and also giving the path which India will follow to its greatness.It drives home the point for sure, something whic


About the Author: Sanjeev Sanyal

Sanjeev Sanyal is an economist, urban theorist and writer He grew up in Sikkim, Kolkata and Delhi before heading off to Oxford as a Rhodes Scholar He spent the tumultuous summer of 1993 in South Africa as it transitioned from apartheid, and then extensively travelled through Guatemala as it emerged from civil war These experiences made him a keen observer of rapidly changing societies, an inter


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