someday ill be in company of all....

Friday, June 1, 2012

India Unbound by Gurucharan Das

 Price Rs 425 (got it for 255 from

Buy India Unbound from Flipkart

This book is a precise thoughts of Gurcharan Das former CEO of P&G, Hope, a business consultant,venture capitalist about India's economy and state of affairs..
He points out that India’s economy has been on the passive front until the information technology plunged India to forefront…Companies like Infosys and schools like NIT have a big hand in shaping up this image of better India thus adding  to 9.2% growth every year.. Now it seems as though India has a promising potential to become of the major economic power…Its sad that it took more than fifty years after Independence for the country to see the dawn of economic progress..Worse India never saw the Industrial Revolution neither the “Asian miracle that swept countries like Japan, Korea, Singapore and Taiwan..When compared to those countries India’s state cuts a sorry figure.. 

He feels that government is actually hampering the growth of the country in the name of bringing about development and new policies that never see the light of execution…He has given a personal account in chapter one where his grandfather feels, had India been under British raj there would have been more progress to the country ..But I still doubt that though..

 India’s politician battled against poverty that instead of rubbing away poverty from the face of India i ended up adding more to the statistics by poor policies and legislature stand…Its adverse effect is still born by all citizens even today..He says that Indian are skeptic about the reforms on a global front for the basis irregular cultural views and in turn has resulted in depleted state of affairs in the rural part of the country which forms the larger junk of India..In spite of all the technological progress brininging about $388 billion in 1996 as compared to $912 billion in 2006 bringing about larger fiscal benefits the literacy rate is still 61% as per 2006 reports is  still a major concern ..The social status is not evenly distributed resulting in a disarrayed social hiatus ..Though British invested upon good railway system and laying the base for democracy, things haven’t much changed till now..

Economic reforms didn’t come until 1990’s but unfortunately they came from not that good reformers hence failed to be appreciated by the public. International monetary fund forced India to bring about changes that is explained well in the book.. Das says that India's future is all about knowledge this will help India y to move ahead many folds…He says as Information technology and the private companies is not bound by politics  is the reason why  that’s making the progress that we see today..He gives practical and logical strategies for the development..He highlights the  importance to build on one’s strength rather focusing upon correcting the weakness, watch the market and there by strategise rather than moving as per one’s will, Its better go for a focused way rather diversing with many goals, one should  compare with international standard rather fighting with local competition..he gives his views through every aspect with diligence and conviction..Das backs P.V Narasimha Rao's policy to open up Indian market for foreign investment and trade...By the end of world war I predictably India had everything to move forward with Industrial revelution unfortunately that never happened, he reasons out that Agriculture and the industry never went hand in hand which let out the other..Inspite of the green revelution without the back up from industry failed misery in the path of development... 

Even now because of poor policies its difficult for the country progress inspite of high investments.By denying foreign investments India has deprived itself from the benefits cutting edge technolgy and world class competition..Indian generations were betrayed by its rulers by advocation of wrong methods of development thereby ruining its future prospects.. Education ia another aspect that India didn't pay attention ,especially to girls ...

India went wrong Firstly by advocating wrong design for brininging about development with nothing really been done for development , next in the name upliftment of the poor  couldn't work much on the contrary they were left as such..While even China did a better job inspite all the civil problems in improving the standard of living...I was wondering when the leaders knew that nothing much was happening for the country's progress why did none dared to put an end to those strategy and planning and thinking about something new..By reading all these I was wondering okay now what to be done, that's when Das optimistically points out that India has realised that economic progress is the only way to bring change in the face of the country to go ahead in facets of the generation...Now  the country has realised that its all about the revolutionary ideas that will help the country to think out of the box rather following the outdated policies, Many private entepreneurs are on the move slowly but steadily building up India in a good way...According to him the Liberal revolution , opening up to new foreign trade and investment and boom in Information technology is the key that should be put in level for the country to go ahead ..India has failed bigtime in building up the human quotient in terms of harnessing their abilities which would bring about the needed outcome..He says its high time that India stops battling between the conservative Nehruvian socialist caste ridden views and new global capitalism..I do not think that an overnight change that he has described is  feasible but like his optimism for  a change is definitely on the card...

He has written the book in an autobiographical style, reflecting upon the policies of the government like a common man might feel when he reads about the policy by the leaders..Sometimes  thinking about its implications and future..In that aspect the book is been able to built the intimacy with the reader..Even for a person with less knowlede in economy and politics nothing seemed jargon..

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