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India's growth story: A question of answers

Raghuram Rajan and Rohit Lamba advocate a new growth path for India, rejecting the China model and promoting a strategy anchored in human capital development, and a robust political economy

Book
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A K Bhattacharya
Breaking the Mould – Reimagining India’s Economic Future 
Authors: Raghuram G Rajan & Rohit Lamba
Publisher: Penguin
Pages: 298+XXXII
Price: Rs 799
 
The authors of Breaking the Mould are teachers by profession, though they have spent some years as economists or economic advisors to institutions and governments. As we know, Raghuram G Rajan has been at the helm of the Reserve Bank of India and earned international praise for the manner in which he discharged his responsibilities as a central banker. But this book under review is incontrovertible evidence, if it were needed, that both authors are teachers at heart.

Breaking the Mould is