Over a billion people now: A colourful depiction of momentous times in a giant country - 0 views
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Wonwoo C on 21 Mar 11This article is about a book which assesses the progress of the Indian economy. Nehru, India's first prime minister implemented an extreme version of a Keynesian economy that even "Keynes would have found fiscally impossible" India sought to increase industrial output through government spending, which had disastrous consequences for the Indian economy. It took Manmohan Singh's radical turn away from state intervention to bring it back up. The articles elaborates further.