India's long road : the search for prosperity / Vijay Joshi.

Includes bibliographical references (pages 391-409) and index.

In this book, the author argues that the foundations of rapid, durable and inclusive economic growth in India are distinctly shaky. He lays out a penetrating analysis of the country’s recent faltering performance, set against the backdrop of its political economy and charts the course it should follow to achieve widely shared prosperity. He argues that for India to realize its huge potential, the relation among the state, the market and the private sector must be comprehensively realigned. His radical reform model includes a fiscally affordable scheme to provide a regular ‘basic income’ for all citizens that would speedily abolish extreme poverty.