Old concepts packaged in vision



these days, anyone with social standing and public prominence ensures that his dream about India is heard. The dream, in most cases, is a metaphor for vision. And in this books (Malay Chaudhuri, Arindam’s father and co-author; says it is his son’s book), management guru Arindam Chaudhuri speaks about the ways to make Indian his dream nation – the land of ‘happy capitalism’ where in equality of opportunity has no place. In a way, the book is based on Nehru’s tryst with destiny speech minus the socialist overtures. In the first part, it deals with epithet-ridden India, the sleeping giant, the country that has politicians who failed it miserably, the country where corruption is a way of life, an ancient civilization where nepotism rules the roost (what Salman Rushdie called Indian theory of relativity, meaning everything is for the relatives)etc. This part reads like a compilation of what many people have have said on many occasions. Joseph Stiglitz’s views on fallout of globalization, Amartya Sen’s ‘freedom is development’ line, Kiran Bedi and TN Seshan, the super bureaucrats who dared to change the ‘degenerating’ nation – the views of all of them are retold. But packaging and presentation make the difference. The reason why CEOs old enough to be Arindam Chaudhuri’s father pay hundreds of thousand rupees to listen to him is that he knows how to inspire, encourage and make you feel that you are listening to or reading a whole new interpretation of the old concepts, concepts so vital to your existence that renewing your faith in them is the only way to survive. How can a country with a stock of “500 million tonnes of food grains” and “$80 billion in foreign exchange reserve” be poor, ask the author. And India’s way to riches is the thrust in the second and concluding part of the book: “Going by the present economic condition in India, unless we manage an annual GDP growth of 14 per cent and 12 per cent annual per capita growth, we cannot match the developed nations.” The authors advocate “additional allocation of resources through additional mobilization of resources” to achieve these magic figures. They suggest means like increasing the price of diesel by 10 paise, (the target is Rs 40,000 crore) and hiking the rate of electricity by Rs 1 to raise Rs 50,000 crore. The book also recommends utilising $50 billion from the forex reserve for investment purposes. A lofty dream, we must say. But who would have the nerves to annoy the vote banks and think about long – term gains ?

Additional Info

  • Event Name: Event1
  • Event Place: New Delhi
  • Event Date: Wednesday, 05 June 2013
  • Publication: The Hindustan Times