The Ten Trillion Dream State of Indian Economy and the Policy Reforms Agenda

India rightly aspires to be an upper middle-income economy with its vast workforce gainfully employed to have a decent standard of living. This, however, is a challenging proposition as India continues to grapple with major economic policy issues. This book presents a wide-angled and comprehensive view of the state of the Indian economy. It thematically explores the critical policy issues India faces today and suggests reforms for India to become a ten trillion economy by the mid-2030s. It analyses India's macro-economy in the light of its evolution since Independence and covers the performance of the Indian economy on macro parameters of growth, inflation, monetary management, credit management, foreign capital inflows, fiscal management and other important macro-economic fundamentals. Covering major sectors of the economy such as agriculture, industry and services, the book also captures the march of the digital economy in India.

Subhash Chandra Garg is an economy, finance and fiscal policy strategist. He is a former finance and economic affairs secretary, Government of India.