We have always wanted to start a book recommendation to enhance knowledge, understanding and skills for our readers. What one can expect from this space are books based on economy, politics, finance, and of course stock market and investing. Not only names but also a small synopsis of the book.
Our first recommendation is an interesting one as it covers a wide spectrum and has a great significance to today’s date. Let’s delve into it.
To know where we stand today, we must know where we come from, right? However, in our basic formal education, even after 74 years of our independence, we are still aren’t taught about our history from independence till date which has shaped our society that exists today.
A lot of these events have shaped the economic realities of today.
The socialist economic policies in the early days of our democracy, which in hindsight may seem detrimental, but which, in the context of those days when half the world was communist, seems to be a reasonable policy.
The following stricter left turn to economic policies under Indira Gandhi, an extremely high taxation on private enterprise, leading India to the brink of economic ruin.
From that arose the phoenix of Indian private enterprise with the age of Liberalization under the Narsimha Rao government led by Manmohan Singh.
All these events are something which should be taught as part of our formal education, but aren’t. However, there are some books that can help us learn about this in detail such as “India After Gandhi” by Ramchandra Guha.
There are certain books, especially on the stock market which needs to target to a certain audience, however, this book in our view should be read by every Indian to get a glimpse of how India has transformed as a country over the years.
About the Author– Ramachandra Guha is a historian and biographer based in Bengaluru. Some of his books include The Unique Woods, A Corner of a Foreign Field, India After Gandhi, Gandhi Before India and Gandhi: The Years That Changed the World. His book India After Gandhi was chosen as a book of the year by the Economist, the Washington Post, and The Wall Street Journal, and as a book of the decade in the Times of London and The Hindu.
Book Ratings – Goodreads – 4.4/5
Article by Monergise and key inputs from The Centrist.
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