“The $10 Trillion Dream” Book
Former finance secretary, Subhash Chandra Garg, is all set to make his debut as an author with upcoming book titled “The $10 Trillion Dream”.
- The book claims to explore the critical policy issues faced by India, today.
- It also suggests reforms to solve those issues and become a USD 10 trillion economy by mid-2030s.
When will the book be released?
The book is scheduled to release in February 2022 end. Currently, it is available for pre-order online.
Who has published the book?
Book is published by Penguin Random House India (PRHI).
Significance of Economic Policy
Economic policy is an important building block of any economy, similar to human resources and capital. The right policies open path of high growth, fair redistribution and adequate delivery of public goods & services. According to the author, India requires to adopt a bold and robust economic policy agenda to bring in chance of building a USD 5 trillion economy by 2026-27 and USD 10 trillion economy by 2035.
Contents of the book
The book comprises of plan for India to become a USD 10 trillion economy. It analyses macroeconomy of India, in the light of its evolution since Independence. It also elaborates on performance of the economy on macro parameters of inflation, credit management, fiscal management, growth, inflation, monetary management, foreign capital inflows and other fundamentals. The book also discusses policies in deep to direct significant private sector investment in building digital, environmental, infrastructure and social economy of India.
Who is Subhash Chandra Garg?
Subhash Chandra Garg is a member of the Indian Administrative Service (IAS). He is into services for over 36 years. He has served in various key positions of Union government and government of Rajasthan. In March 2019, he was designated finance secretary.
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