Review: Restart: The Last Chance for the Indian Economy

Restart: The Last Chance for the Indian Economy by Mihir S. Sharma
My rating: 4 of 5 stars

"June 26, 2017 –
90.0%
June 26, 2017 –
75.0% "Note: FUCKING Damn, right!

"The prices of natural resources also need to reflect both the cost of extraction and any environmental costs. It’s extremely detrimental, for example, to extract coal from forests, and the company who purchases the coal should pay for all damages...""
June 26, 2017 –
55.0% ""It’s dangerous when private companies control important resources, because such companies are only interested in their own gain. The government learned this lesson when two large power plant companies, Tata and Adani, both close to the city of Mundra, in the western state of Gujarat, won bids to supply electricity to India's western states...""
June 26, 2017 –
55.0% "Note: Economy and it's little dirty secrets.

"Private companies also saw the opportunity to exploit government resources. They’d raise their demands after starting the project and threaten to leave if those demands weren’t met. Even though it worked for a while, this system was doomed from the beginning...""
June 26, 2017 –
35.0% "Mihir, likes to suprise his readers...

"Why? Well, the private sector, fearing economic loss, stopped investing in national projects. In 2005, investment in national projects accounted for between ten and 14 percent of the country’s GDP; by 2013, that figure had dropped to one percent.""
June 26, 2017 –
35.0% ""Amid the chaos of the reforms, finance, telecommunication and information technology were the only industries that were able to grow.

Why? Well, the IT industry didn’t need land to produce their goods, and so was unhindered by the laws and regulations that stifled manufacturing. This new industry was able to grow while traditional industries floundered...""
June 26, 2017 –
35.0% ""The government also removed restrictions on the movement of goods across international boundaries, which allowed foreign companies to exploit India even more. Because of the traffic jams and poor infrastructure, it became cheaper to transport things out of the country and then back in, as mentioned earlier...""
June 26, 2017 –
35.0% "This people, just don't know when to give up!"
June 26, 2017 –
25.0% ""When the rupee’s value decreased, many manufacturers could no longer afford the raw materials that had previously been imported. At the same time, cheap foreign goods were already ubiquitous in India, and local manufacturers couldn’t compete...""
June 26, 2017 –
25.0% "P.S. - And now I am waiting the bus - 30 minutes, ... it's exhausting."
June 26, 2017 –
15.0% "The book is about the Idian Economy and How from the best economy has went in the boards of the worst economy... More likely from success into fail."
June 26, 2017 –
15.0% "I fucking love It! Blinklist has taken care to take out the best from this novel."
June 26, 2017 – Started Reading"

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