The $10 Trillion Dream Dented analyzes India’s economic performance under the Modi government from 2019 to 2024, questioning the feasibility of reaching a $10 trillion economy by 2035. With thorough research, it urges policymakers to reconsider their economic management approach.
The book discusses the Indian aspiration for a good life based on better health, education, housing, and income, achievable only through a developed economy. It mentions India’s goal of becoming a $10 trillion economy, which outlined the roadmap. However, recent economic performance has cast doubt on achieving this goal.
It chronicles how India is steadily advancing in its journey toward becoming a digital economy, with more people embracing online platforms for transactions and communication. And how the coverage of major sectors of the economy, including agriculture, industry, and services, is essential for understanding the overall economic health of a country.
The critical examination of the government’s policy measures highlights reasons why India may not reach a $10 trillion economy by 2035, while also providing a comprehensive view of the Indian economy’s current state and analyzing its macroeconomy since Independence. The analysis covers various aspects like growth, inflation, monetary, and credit management, along with the performance of major sectors like agriculture, industry, and services, showcasing India’s progress towards becoming a digital economy.
Published by Penguin India, ‘The Ten Trillion Dream Dented‘ will be released on 29 November on SoftCover, ThePrint’s online platform for launching non-fiction books.
Subhash Chandra Garg was a member of the Indian Administrative Service for more than thirty-six years. He served as secretary, economic affairs, finance secretary, and power secretary in the Government of India, and finance secretary of the state of Rajasthan. Presently, he works as a freelance policy strategist on economy, finance, and fiscal affairs.
He has been writing blogs regularly for more than two years, which can be read at subhashchandragarg.blogspot.com. He also writes regularly for newspapers and magazines, and appears on television channels for discussions on the Budget and other public policy matters.
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