Book Review- Breaking the Mould

An interesting book I came across this year is one by our former governor of RBI (Reserve Bank of India) and distinguished visiting professor of Chicago Booth School, Dr. Raghuram Rajan,” Breaking the Mould.” Its co-authored with a postdoctoral fellow at Cambridge Dr. Rohit Lamba.

In short, this book is an amazing piece of intellectual work. The way the authors have put in the thoughts, of how policies and good governance with the best possible ways to implement them will help nations prosper is seamless in terms of the flow of thought. A bit of how India has progressed over the years is one of the good ways of storytelling that continues to flow in the book.

The book also throws light on the prospects of how our nation has the potential of having a full-scale manufacturing plant rather than mere assembly plants. The workforce is equipped with the techniques and knowledge which is yet to be tapped into. The urge for the governments to bring in manufacturing units rather than assembly plants is very well emphasized. Examples of India’s successful business models cited point to the fact that the nation has the potential to grow better in manufacturing products, gradually helping grow many opportunities for our growing population.

With the population level, we have the emphasis on health to be given more importance. A need to spend more on providing better healthcare facilities to all sections of society. With the budget presented every year, the percentage of the total budget on healthcare is said to be…