Rohit Lamba Reimagines India's Economic Policy Emphasis

Today my guest is Rohit Lamba, an assistant professor of economics at Pennsylvania State University and a visiting assistant professor of economics at New York University Abu Dhabi. We spoke about his recent book Breaking the Mould: Reimagining India's Economic Future which he has coauthored with Raghuram Rajan. We spoke about their argument to shift the focus from industrial and trade policy towards a services and education policy, how India can and should decentralize, if India can scale education and health, India's growth rate numbers, and much more.  Recorded April 19th, 2024. Read a full transcript enhanced with helpful links. Timestamps (00:00:00) - Intro (00:05:21) - Zooming into Indian States (00:20:25) - Why not Decentralization? (00:26:28) - Scaling Education (00:51:14) - Educating the Global South (00:53:22) - Picking Winners and Losers (01:10:22) - India's Growth Rate (01:18:44) - Outro Connect with Ideas of India Follow us on X Follow Shruti on X Follow Rohit on X Click here for the latest Ideas of India episodes sent straight to your inbox.