India Unbound – Gurcharan Das

September 22, 2007

India Unbound

This is a book that I picked up at random during one of my vacations back to India, but couldn’t put down after I started reading. Gurcharan Das is a former CEO of Procter & Gamble India, and this is one of the main reasons I even laid my hands on the book. P&G is headquartered in Cincinnati, you see.

The book emphatically presents the problems and failure of Nehruvian Socialism and the positive effects of globalisation initiated by the Narasimha Rao government. The book does sound a little bit one-sided at some parts, mainly because Nehru’s vision did have some benefits for India – eduction reform which brought us such eminent schools like IIT and IIM, and a tightened national security policy. The entire concept of centralized planning, however, was a massive mistake and has been proved so wrong by the capitalistic forces of the past few decades.

The book is a very good read, if you are interested in the historical underpinnings of the Indian business immediately after the Indian Independence. The presentation is also very light and entertaining, and I haven’t come across an economic book that is such an easy read.


2 Responses to “India Unbound – Gurcharan Das”

  1. minaldesai Says:

    True. India Unbound is a masterpiece and is quite a help in understanding the changing face of the nation. If you have enjoyed the book so much you can try another one of his books- Elephant Paradigm. I haven’t read this one but i am sure its good. In case you do, do let me know how did you find it.

  2. Elephant Paradigm is definitely in my wish list. But I would like to read a counter-argument to Mr. Das’s perspective, before I read more of his stuff. Currently, I am reading a lot on the US economy, and just got my hands on Alan Greenspan’s ‘The Age of Turbulence’. So much to read, and so little time.

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