A new book details how successive Indian Prime Ministers have betrayed the people of India and failed to deliver on the basics like health and education. In “India is Broken”, Ashoka Mody argues that deep structural problems with no easy fixes mean India may be on the cusp of throwing away its demographic advantage.
In this conversation, I spoke to Ashoka Mody, who is a former IMF and World Bank Economist and now a visiting professor of Economics at Princeton University, about India’s employment challenge, its broken education and health systems, the apathy of the elites, Nehruvian socialism, what welfarism actually means and also (importantly) how Bollywood may be becoming irrelevant.
India is Broken is an extremely readable and important book about India’s political economy landscape since 1947.
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Ashoka Mody on Why India is Broken