Over the past two decades India has grown at an unprecedented rate. Yet while the 'Bollygarchs' revel in new riches, millions still languish in their shadows, trapped in the teeming slums of the country's megacities. From the sky terrace of the world's most expensive home to mass political rallies in the streets, James Crabtree documents the struggle between equality and privilege playing out at the heart of this emerging superpower. Against a combustible backdrop of aspiration, class and caste, reformers fight for change while fugitive tycoons and shadowy political power brokers struggle to remain hidden and out of reach. The Billionaire Raj is a vivid portrait of a divided democracy whose future will shape the world.
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James Crabtree is a writer and journalist who spent five years in India as Mumbai bureau chief for the Financial Times. He is now an associate professor of practice at the Lee Kuan Yew School of Public Policy at the National University of Singapore.
Great book analysing India's period of great scams,the rise of the super rich,and the friendly political environment for it.Highly recommend for anyone interested in Indian politics and economics. --By Dileep on 24 July 2018
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