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Full Description
While development has been the foremost agenda before successive governments in India, it has been viewed narrowly - from the perspective of economic development and particularly in terms of gross domestic product (GDP). This book questions such an approach. It breaks from the conventional wisdom of GDP growth as being a definitive measure of the success of a country's policies and offers an alternative development philosophy.
The author contends that people's economic and social welfare, life satisfaction, self-fulfilment and happiness should be treated as indicators of real development. The book underlines that in a successful model of development, the country's economic policies will have to synergize with its cultural ethos and that the objective of development should be gross national happiness and well-being of the people.
This book will be useful to scholars and researchers of development studies, economics, public policy and administration, governance, political science and sociology, as well as to policymakers.
Contents
1 India's cultural and civilizational ethos and challenge of development
PART I The current socio-economic setting
2 Search for economic well-being
3 Education and health: key to nation's prosperity
4 Agriculture, rural distress and poverty
5 Industrial development: route to prosperity
6 India's foreign trade deficit, depreciating rupee and the fraud of modern economics
7 India's public finance mismanagement: exploding debt and threat of bankruptcy
PART II The current economic ideology and its problems
8 Free market ideology and its perils
9 Environmental unsustainability of India's economic growth
10 A new development scenario
11 Saving the economy from the economists
PART III Rethinking development
12 The Gandhian alternative to economic development
13 Revisiting socialism: solution to our socio-economic problems
14 Good governance: pre-requisite for development
PART IV Culture as foundation of development
15 Indian culture: a spiritual and humanistic approach to life
16 Indian culture and money: challenge of a materialist world
17 Quest for happiness: public policies and national happiness
18 Synergizing development with cultural ethos
Index
