Reducing the role of public sector enterprises.
According to the latest , which is reflected in the themes of Kapila’s current work, India has achieved a "Goldilocks moment" of high growth and low inflation:
Information Technology (IT), business process management, financial services, and telecommunications. Reducing the role of public sector enterprises
Characterized by stringent state controls, bureaucratic hurdles, and limited private enterprise.
, where the state took the lead, visualizing a self-reliant nation through Five-Year Plans. Act II: The Great Pivot (1991 Reforms) , where the state took the lead, visualizing
The 2018 edition of the book includes updates on recent economic policies, reforms, and developments in India, such as:
: Rapid expansion of national highways (up 60% since 2014) and 99% railway electrification support industrial momentum. Indian Economy Performance and Policies: Insights from Uma
Capital formation in agriculture has declined due to rising spending on power, fertilizer, and water subsidies.
Indian Economy Performance and Policies: Insights from Uma Kapila's Updated Perspectives (PDF)