Books & Reviews

For India’s economic reforms policy to succeed, its programmes should be firmly anchored in the reality of the social and micro-institutional context—something our policy makers often regrettably ignore.

coverTo break out of 8 or 9 per cent growth rates, we need more appropriate skill sets, development of proper attitudinal infrastructure, increased capital productivity, a more optimal savings rate and deliberate creation of socially productive market structures in several areas such as healthcare, public distribution and higher education.

Employment is the best way to deliver growth to the vast multitude and reconcile the growth fixation of reformists and socialistic obsession with distribution. The book suggests several unconventional growth engines which can potentially deliver both and make 12 per cent growth rates realistically possible.

The book is aimed at people who aspire to take part, debate and shape our destiny but may not have the time for deeper research or patience with economic jargons.

Book available at Sage Publications as per Link below:



Newspaper Excerpts and Links
Financial Express Earthly Approach – Making Growth Happen in India :

Written by a non-economist by profession, but a management graduate with a strong analytical mindset and abundant experience across the world, Kumaraswamy does provide a refreshing framework for policymakers.but by putting all these views in one place, one gets to read a different perspective, which is erudite and compelling, though arguable. That’s what will make this book find space on your bookshelf.


Business Standard Making Reforms Work for the Poor :

It is creditable that the author, who is not an economist, has chosen to write a book presenting a logical analysis of the Indian economy against the socio-economic realities.Mr Kumaraswamy’s subtle suggestions for economic reforms tailored to the country’s social environment are both practical and progressive. Anyone interested in poverty elimination will find this book interesting.

BusinessLine The different routes to reform :

Here’s a surprisingly insightful book on a subject …

Kumaraswamy’s work is unaffected; if his prescriptions are critical of the pro-welfare camp (represented by economists such as Amartya Sen, Jean Dreze), they will certainly not go down well with a section of the reforms brigade either (Surjit Bhalla, Bibek Debroy, Arvind Panagariya and other ‘minimum government’ enthusiasts).

He comes across as an uncluttered micro-economist

— not sounding at all like the typical ‘ardent reformer’! On many other policy issues of the day, he bucks the established view.


Business World Economy Lessons:

For a non-specialist, the book serves as an exciting entry point to the otherwise dull and purely academic world of macro-economic policy debate. For the expert, it could provide an unconventional


The Hindu Translating Economic Reforms into Growth:

…economic growth per se is of no consequence, unless it leads to a better quality of life. “Growth for the sake of growth is the ideology of the cancer cell.”(Edward Abbey) That there is no merit in the disclaimer made by the author that he is a “non-economist” writing on economics has been amply borne out by the contents of the book, which is a refreshing contribution to the current literature on the subject.


Outlook New Book to Provide Critical Insight Into Govt policies :


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