A practical look at how economics can shape India's future
The inaugural lecture explains why studying economics matters for the country and how universities can help spread clear, useful knowledge. It highlights the need for plain-language discussions that connect economic ideas to real life.
This edition outlines the aims of economic study in India, the role of researchers and teachers, and the value of building libraries and scholarships. It also presents a thoughtful contrast between two social goals: boosting national wealth while ensuring a fair share reaches workers and smallholders.
- In what economics can contribute to India’s development and the public good.
- How education, literacy, and informed discussion support reform and policy.
- Why a balance between wealth creation and workers’ living standards matters.
- The challenges of translating theory into practical, country-specific solutions.
Ideal for readers interested in economic policy, nation-building, and the thoughtful use of economic ideas to improve everyday life.