I always belive “money has NO value attached to it, unless it has been properly invested “. One of the finest investments (excluding gifts to relations & friends) , is buying a book – ‘INDIA unbound by guru charan das ” -. I did that on my first month salary. I took more time than any other book to finish it, partly due to my training and partially due to my prejudice on some matters which made to constantly argue/discuss with myself.
Author takes us through the events of India from the independence till the new millennium in his perspective. The book is essentially about why and how, the highly productive India became poor and how it would gain became rich. We can have a close insight of nehruvism socialism /democratic socialism-as called by this author – or mixed economy ,with which the Nehru dreamt of building the new India . The author is highly critical of the bureaucracy and license raj -only particular enterprise having particular license can produce certain products- which were responsible for the chances India missed from 1960’s until the markets opened in 1991.he came with numerous case studies to prove his point like aditya birla leaving India and building a empire on foreign soils , TATA group refused numerous projects while late dhirubhai ambani being the lone exception to create a business empire –result of blend of shrewd intelligence and ability to bend laws – . From 1991,s when the economic blockade is removed, it waved for the new hope for millions of Indian where playfield is level and new group of enthusiastic young Entrepreneurs started developing..
Author, former CEO of P&G is a unmistakable flag bearer of capitalism and highly critical of socialism . I would like to know his views on present state of economics of biggest exhibitors of capitalism ( USA ).
Though I have some reservations about how the author look at certain issues , I love reading this book. Simply because it has kindled my appetite for reading books on contemporary history .and i strongly recommand you to read this one .
i have zero in on some of the books which i would be willing to read in the near future
* “India after gandhi” by ramachandra guha
* “my life ,my country” by LK advani , i really wanna know what this rightist politician-who has a significant influence in dividing the people on religion – (sorry , if I’m wrong J ) , have to say about the last 50 years
*”discovery of india” – jawaharlal nehru , to knew his viewpoints
