02310cam a22002298i 4500999001700000020001800017041000900035082001900044100003200063245006500095250002300160260004800183300001500231504005100246520155100297546001301848650003301861650002501894650003001919942001201949952011901961  c38368d38368  a9780197620090  aeng.00a330.954bPAN-N1 aPanagariya, Arvindeauthor.10aNew India :breclaiming the lost glory /cArvind Panagariya.  aSouth Asia Edition  aNew York :bOxford University Press,c2020.  axii, 275p.  aIncludes bibliographical references and index.  a"Its GDP having touched $2.6 trillion, India is poised to become the world's third largest economy in less than a decade. In doing so, it will have moved one step closer to reclaiming its pre-1820s glory when it accounted for one-sixth of the global output and ranked second in economic size. This rapid movement in the absolute size of the economy will be insufficient, however, to bring prosperity to India's vast population. Today, 44% of the country's workforce remains in agriculture and another 42% in tiny enterprises with fewer than 20 workers. Labour productivity of both sets of workers remains low and they live overwhelmingly on subsistence-level incomes. This book lays down a concise roadmap of reforms that would help the country transform and create well-paid jobs in industry and services for those with limited or no skills. It argues that creation of good jobs requires the emergence of medium and large enterprises in industry and services, especially labour-intensive sectors such as apparel, footwear and other light manufactures. India needs policies conducive to the growth of firms from small to medium, medium to large and large to larger still. They must compete in the global marketplace to help increase India's share in the world export market from less than 2% currently to 5 to 6% in a decade. Such policies include greater outward orientation, more flexible land, labour and capital markets, concerted effort to improve the quality of higher education, faster urbanization and improved governance at all levels"--  aEnglish. 0aBusiness enterpriseszIndia. 0aLabor marketzIndia. 0aBanks and bankingzIndia.  2ddccBK  00104070aNASSDOCbNASSDOCd2023-03-16g0.00l0o330.954 PAN-Np52934r2023-05-25 00:00:00v0.00w2023-05-25yBK