"The book `Economics of India: How to Fool all People for all Times' has been
presented in a series of articles and essays on different subjects of the Indian economy
and attempts to provide a different view. Most of the subjects are contemporary and hence
can be related with the controversies and the view being provided by the author. A lot of
data has been used to substantiate the arguments made.
This book contains 37 chapters which have been grouped under various headings like
government and our perceptions, specific programmes of the government, fiscal issues,
monetary policy and inflation, and so on. To maintain some semblance of cohesiveness
chapters have been bracketed under 11 broad headings. The standalone chapters in each
section directly lay before the reader the issue and provide the commonly held view and
then attempts to provide the counter-view supported by facts and theory.
The technical language as well as the presentation of the book is good. The book starts
with a section on preliminaries, which is more of a background of the economy and the flow
of the economy since reforms were introduced in the nineties. The first section puts the
government in focus and tackles issues more from the policy front to begin with. The
second set of articles comprises commentaries on specific policies of the government which
have been either criticized or presented as being path breaking. In the third section,
issues relating to the budgets have been discussed. The next set of chapters goes into the
realm of monetary policy and addresses the issue of fnflation; banking sectors, external
side of the economy, Make in India campaign, agriculture sector, poverty, market space and
commodity trading, etc.
This book will be useful for the students of Economics, particularly those taking
competitive exams such as Civil Services, RBI, banks, etc. Also, it will be useful for
policy makers and business professionals."