Published On Oct 16, 2024
In "The Nehru Development Model," economist Arvind Panagariya examines the dual legacy of Jawaharlal Nehru, India's first prime minister. While Nehru successfully established a democratic framework, his economic policies—focused on heavy industry and a robust public sector—failed to generate the growth needed to alleviate poverty and integrate India into the global economy. This book delves into the historical evolution of these economic strategies, the lasting impact of Nehru's ideas, and how they continue to shape contemporary Indian policymaking. Join Panagariya as he unravels the complexities of this pivotal era in India's economic history.
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