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Home > Business & Economics > Economics > Economic Conditions > India Unbound

India Unbound

by Das, Gurcharan
 
 
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India Unbound
India today is a vibrant free-market democracy and has begun to flex its muscles in the global information economy and on the world stage. Now, acclaimed columnist Gurcharan Das traces India's recent social and economic transformations in an eminently readable, impassioned narrative. Das tells the stories of the major players in a period of rapid and profound change -- from schoolchildren inspired by Nehru's speeches in the early days of Independence to the current software impresarios -- and makes comprehensible and compelling the economic and political development responsible for these changes. He weaves his personal story into the larger context of contemporary history: his family's move to America in the mid-1950s, his education at Harvard, his years in India as a young marketing executive wrestling with a socialist system he feared would undermine the country's vast potential. He also shows us the reasons behind his optimism for his nation's future, among which is the exciting landscape of information technology today. Das argues that the changes of the past fifty years have, at last, amounted to a revolution -- and it is one that has not been chronicled before. With India Unbound, he gives us a book that is at once vigorously analytical and vividly written -- an essential insider's road map to India, then and now.


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Title of ebook: India Unbound
ISBN: 9780375413445
parent-ISBN: 9780375411649
Publisher: Knopf
Published: 04-2001
Released online for download: 04-15-2001
Author of eBook: Das, Gurcharan

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Chapter One


Ranting in English, Chanting in Sanskrit


I can measure the passages of my life by the nation's milestones. When I was born, we were fighting to get the British out of India. By the time I went to school, we were free and we thought we would soon enter a new paradise. During my school days in the 1950s, Nehru set about building a proud new nation based on democracy, socialism, and secularism. When I went to work in the sixties I discovered that we had become economically enslaved and socialism was leading us to statism. By the time I got married and we had children, Indira Gandhi was creating dynastic rule and leading us into a ditch. When she declared the Emergency in the mid-seventies, we knew that political freedom was gone, and paradise was lost. Mercifully, the Emergency lasted only twenty-two months, and we soon recovered our political freedom. Just before I took early retirement in the early nineties, Narasimha Rao delivered us our economic freedom. It doesn't matter who will be ruling India when I die, because democracy has got entrenched and its institutions are best run by modest men. Thanks to the reforms, we have glimpsed paradise again and are on our way to regaining it. We have climbed to a 7 percent econom ... read full excerpt from: India Unbound ebook



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