A tribute to economist Shankar Acharya, A World in Flux, explores what needs to be done to achieve India’s goal of becoming Viksit by 2047
Published on: Aug. 2, 2025, 8:55 p.m. | Source: The Indian Express
Surjit S Bhalla reviews 'A World in Flux – India’s Economic Priorities,' a collection of essays honoring economist Shankar Acharya. While praising the book's insights, Bhalla challenges conventional wisdom on fiscal deficits and taxation, arguing that India's problem is too-high taxation, which fuels wasteful spending. This critical review explores the debate on India's path to becoming a developed nation by 2047 and the political hurdles to economic reform.
