Publish with us

Follow Penguin

Follow Penguinsters

Follow Hind Pocket Books

In Service of the Republic

In Service of the Republic

Vijay Kelkar
,
Ajay Shah
,
Vijay Kelkar and Ajay Shah
Select Preferred Format
Overview

As a $3-trillion economy, India is on her way to becoming an economic superpower. Between 1991 and 2011, the period of our best growth, there was also a substantial decline in the number of people below the poverty line.

Since 2011, however, there has been a marked retreat in the high growth performance of the previous two decades.

What happened to the promise? Where have we faltered? How do we change course? How do we overcome the ever-present dangers of the middle-income trap, and get rich before we grow old? And one question above all else: What do we need to do to make our tryst with destiny?

As professional economists as well as former civil servants, Vijay Kelkar and Ajay Shah have spent most of their lives thinking about and working on these questions. The result: In Service of the Republic, a meticulously researched work that stands at the intersection of economics, political philosophy and public administration. This highly readable book lays out the art and the science of the policymaking that we need, from the high ideas to the gritty practicalities that go into building the Republic.

Imprint: Penguin Allen Lane

Published: Nov/2019

ISBN: 9780670093328

Length : 448 Pages

In Service of the Republic

Vijay Kelkar
,
Ajay Shah
,
Vijay Kelkar and Ajay Shah
Overview

As a $3-trillion economy, India is on her way to becoming an economic superpower. Between 1991 and 2011, the period of our best growth, there was also a substantial decline in the number of people below the poverty line.

Since 2011, however, there has been a marked retreat in the high growth performance of the previous two decades.

What happened to the promise? Where have we faltered? How do we change course? How do we overcome the ever-present dangers of the middle-income trap, and get rich before we grow old? And one question above all else: What do we need to do to make our tryst with destiny?

As professional economists as well as former civil servants, Vijay Kelkar and Ajay Shah have spent most of their lives thinking about and working on these questions. The result: In Service of the Republic, a meticulously researched work that stands at the intersection of economics, political philosophy and public administration. This highly readable book lays out the art and the science of the policymaking that we need, from the high ideas to the gritty practicalities that go into building the Republic.

Select Preferred Format

Vijay Kelkar

Vijay Kelkar served the Government of India as petroleum secretary, finance secretary and chairman of the Thirteenth Finance Commission of India. He also served as director of the United Nations Conference on Trade and Development (UNCTAD) and as executive director of the International Monetary Fund. In 2011, the President of India conferred the Padma Vibhushan upon him. He has a master's from the University of Minnesota and a PhD from the University of California, Berkeley.

Ajay Shah

Ajay Shah has worked at the Centre for Monitoring Indian Economy, the Indira Gandhi Institute for Development Research and the Ministry of Finance. He is a professor at the National Institute of Public Finance and Policy (NIPFP). His areas of research include economics, law and public administration. He has a BTech in aeronautical engineering from IIT, Bombay, and a PhD in economics from the University of Southern California, Los Angeles.

Vijay Kelkar and Ajay Shah

Vijay Kelkar served the Government of India as petroleum secretary, finance secretary and chairman of the Thirteenth Finance Commission of India. He also served as director of the United Nations Conference on Trade and Development (UNCTAD) and as executive director of the International Monetary Fund. In 2011, the President of India conferred the Padma Vibhushan upon him. He has a master's from the University of Minnesota and a PhD from the University of California, Berkeley.

Is Policy Impeding India’s Tryst with Destiny? An Excerpt From In Service of The Republic

Etched in India’s history as a period of remarkable growth, the decades spanning 1991 to 2011 saw a surge in wealth creation for the rich, considerable advancement in material comforts for the middle class and a noticeable decline in the number of people below the poverty line. ‘There was an optimism in this period of […] Read More