Frameworks
In Praise of
India 2047: High Income with Equity
“Over the next 25 years, India needs to strengthen its parliament and make systems more resilient. This coupled with a robust regulatory environment will take us through the next wave of reforms and the corollary to this would be cooperative federalism. Sameer’s book is an apt commentary that suitably covers all aspects of cooperative federalism and presents a lucid prescription of what needs to be done by learning from our past lessons.”
Vijay Kelkar
Chairman, 13th Finance Commissioner
“In that transition to 2047, it will pass through the upper-middle-income category and approach the high-income status - presently defined as more than US$12,695. Poverty levels will decline sharply. By 2047, India will move from the present medium human development category to the high human development category.”
Bibek Debroy
Economic Advisory Council to the Prime Minister
“This volume contains an in-depth analysis of significant policy issues in addressing contemporary challenges, high growth coupled with fiscal consolidation, and reconciling the dichotomy between inclusiveness and inflation management with macroeconomic stability. It brings together domain experts over experience, skill, and understanding.”
N.K. Singh
Chairman, 15th Finance Commissioner
“India 2047 deals with macroeconomic essentials and emphasises the need for structural transformation, organising the labour markets, increasing competitiveness, enhancing financial and social inclusion with equitable growth, the role of federalism in inclusive growth, imperatives for job-generation, and the importance of infrastructure development and financing.”
Sameer Kochhar
Chairman, SKOCH Group
“The reform agenda must continue as it has been under various regimes. Policymakers should identify the sectors that need reforms in terms of creating a competitive environment and improving performance efficiency. The Centre and states must be joint partners in this effort.”
C Rangarajan
Chairman, 12th Finance Commission and
Former Chairman, Economic Advisory Council to the PM