Many Futures of India
Rs 595 pp 168
When a practicing economist turns his hand to writing in the popular press, both the reader and the writer are enriched. Newspaper columnists, for their part, derive immense satisfaction in putting their point across to an audience as large as a football stadium.
Rajiv Kumar, director-general of the Federation of Indian Chambers of Commerce and Industry, is among a small but growing community of economists commenting on current events with an acuity not normally associated with the garden variety of Indian journalism. In Many Futures of India, Kumar brings together his commentary between 2008 and 2010, a period when our policy makers would have been most receptive to outside counsel on how to steer the nation out of a credit crisis.
The essays have lost none of their salience with time. The anthology is broadly divided into themes on the Indian economy, the reforms agenda and our place in the global economic order. The globetrotting Kumar brings fresh perspectives on issues facing India from places as afar as Beijing and Cataratas (a province in Argentina).