India Economic History

5,000 years of history—from the Bhagavad Gita to Bollywood—fill this masterful portrait of the world's most populous nation and a rising global power.

India is a land of mystery, richness, and deep spiritual discovery. Every facet of this ancient land seems scented with the famous spices that lured European traders to its shores more than five centuries ago. Here, Muslims, Hindus, Christians, Sikhs, and Buddhists live shoulder to shoulder in a crowded world of multiple gods and juxtaposed pilgrimage routes, each one perfectly peaceful in their own beliefs and traditions.

India has a rich history covering thousands of years, civilizations, the rise of religions and empires, British rule, revolution, independence, and much more. In this book, we explore the magnificent history of India, from its ancient origins to its renaissance and concluding with its independence as a free nation. While there are many books that explore India’s unique history, few are enjoyable. Most books are hopelessly dry, academic, and downright difficult to follow. This concise history will respect your time by getting right to the point and giving you what you came to learn.

Written by an eminent economist, Bimal Jalan, Emerging India: Economics, Politics and Reforms talks about India's growth from the post-reform 1991 era to the modern days and the various challenges plaguing various arms of the government. In this book, Jalan praises the democratic setup that runs this complex and diverse country. Jalan produces a detailed account of the Indian economy and the way it has functioned and the various obstacles in front of it.

The narrative focuses on the imaginative and institutional structures that have successfully sustained and transformed India, first under British colonial rule and then, after 1947, as an independent country. Woven into the larger political narrative is an account of India's social and economic development and its rich cultural life. The final chapter charts the dramatic developments of the last 20 years, from 1990 through to the Congress electoral victory of 2009, and the rise of the Indian high-tech industry in a country still troubled by poverty and political unrest.

In the age of Brexit and Trump, the West is buffeted by the tides of isolationism and fragmentation. Yet to the East, this is a moment of optimism as a new network of relationships takes shape along the ancient trade routes. In The New Silk Roads, Peter Frankopan takes us on an eye-opening journey through the region, from China's breathtaking infrastructure investments to the flood of trade deals among Central Asian republics to the growing rapprochement between Turkey and Russia.

The English East India Company was the mother of the modern multinational. Its trading empire encircled the globe, importing Asian luxuries such as spices, textiles, and teas. But it also conquered much of India with its private army and broke open China's markets with opium. The Company's practices shocked its contemporaries and still reverberate today.

In the 19th century, the world was Europeanized. In the 20th century, it was Americanized. Now, in the 21st century, the world is being Asianized. The “Asian Century” is even bigger than you think. Far greater than just China, the new Asian system taking shape is a multicivilizational order spanning Saudi Arabia to Japan, Russia to Australia, Turkey to Indonesia - linking five billion people through trade, finance, infrastructure, and diplomatic networks that together represent 40 percent of global GDP.

In 1991 India faced its 'Greece moment': an unprecedented financial crisis against the backdrop of political uncertainty and crumbling investor confidence. On 21 June 1991, P. V. Narasimha Rao became prime minister and appointed Dr Manmohan Singh as finance minister. In less than 35 days, the Rao-Singh duo ushered in momentous changes in economic policy - those that transformed the country.

In megacities like Mumbai, where half the population live in slums, the extraordinary riches of India’s new dynasties echo the Vanderbilts and Rockefellers of yesterday. James Crabtree’s The Billionaire Raj takes listeners on a personal journey to meet these reclusive billionaires, fugitive tycoons, and shadowy political power brokers. Crabtree dramatizes the battle between crony capitalists and economic reformers, revealing a tense struggle between equality and privilege playing out against a combustible backdrop of aspiration, class, and caste.

The Narendra Modi government's sudden demonetization of '500 and '1,000 notes in November 2016 failed to put a dent in the black economy but caused untold hardship to hundreds of millions of Indians. It has crippled the country's economy for a long time to come. In this book, Arun Kumar, the country's leading authority on the black economy, tells us why Modi's gambit failed.

The East India Company was the largest commercial enterprise in British history, yet its roots in Tudor England are often overlooked. The Tudor revolution in commerce led ambitious merchants to search for new forms of investment, not least in risky overseas enterprises-and for these "adventurers" the most profitable bet of all would be on the Company. Through a host of stories and fascinating details, David Howarth brings to life the Company's way of doing business—from the leaky ships and petty seafarers of its embattled early days to later sweeping commercial success.

From the poisoned rivers, barren wells, and clear-cut forests, to the hundreds of thousands of farmers who have committed suicide to escape punishing debt, to the hundreds of millions of people who live on less than two dollars a day, there are ghosts nearly everywhere you look in India. India is a nation of 1.2 billion, but the country's 100 richest people own assets equivalent to one-fourth of India’s gross domestic product.

This is a behind-the-scenes look at the spectacular collapse of some of the biggest names in India Inc. The book reveals the real reasons behind the non-payment of loans of over Rs nine lakh crore to the banks by behemoths like Reliance Communications, Videocon, IL&FS and Essay Steel, among others. The authors analyze how funds were illegally diverted from some of the bankrupt companies and why auditors as well as bankers went into sleep mode.

Explore the rich and storied culture of the Indian subcontinent. This region of the world, largely considered to be one of the cradles of civilization, has developed over a period of over 5,000 years. Consequently, this long run of history has drawn up a national history filled with intrigue, philosophy, art, architectural wonders, and the births and deaths of great men and women.

In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies.

Can one of the most divided nations on the planet become its next superpower? James Crabtree reveals the titans of politics and industry shaping India in a period of breakneck change from controversial prime minister Narendra Modi, victor in the largest election in history, to the leading lights of the country's burgeoning billionaire class. While King of the Good Times Vijay Mallya languishes in exile in Britain, other major Bollygarchs prosper at home despite a series of scandals.

In Capital, Commonwealth Prize-winning author Rana Dasgupta examines one of the great trends of our time: The expansion of the global elite. Capital is an intimate portrait of the city of Delhi, which bears witness to the extraordinary transmogrification of India's capital. But it also offers a glimpse of what capitalism will become in the coming, post-Western world. The story of Delhi is a parable for where we are all headed.

India is the home of ancient religions and practices. It is a nation whose fascinating history teaches us about tolerance, diversity, and unity. This far-reaching subcontinent has been the place where great empires have developed, the place of monumental battles, the place of foreign invaders and the place of birth of cultures and religions. This book represents a compelling illustration of one of the world’s oldest civilizations: the road it followed to reach the place where it is today, and the primary elements that shaped its culture.

In a rare attempt to understand the Indianness of Indians - among the most intelligent people in the world, but also, to a dispassionate eye, perhaps the most baffling - V. Raghunathan uses the props of game theory and behavioral economics to provide an insight into the difficult conundrum of why we are the way we are. He puts under the scanner our attitudes towards rationality and irrationality, selflessness and selfishness, competition and cooperation, and collaboration and deception.