{"product_id":"book-dn6k","title":"The Lost Decade","description":"Before the global financial meltdown of 2008, India's economy was thriving and   its\u003cbr\u003e GDP growth was cruising at an impressive 8.8 per cent. The economic boom   impacted\u003cbr\u003e a large section of Indians, even if unequally. With sustained high growth over   an extended\u003cbr\u003e period, India could have achieved what economists call a 'take-off' (rapid   and\u003cbr\u003e self-sustained GDP growth). The global financial meltdown disrupted   this\u003cbr\u003e momentum in 2008.\u003cbr\u003e In the decade that followed, each time the country's economy came close to   returning\u003cbr\u003e to that growth trajectory, political events knocked it off course.\u003cbr\u003e In 2019, India's GDP is growing at the rate of 7 per cent, making it the   fastest-growing\u003cbr\u003e major economy in the world, but little on the ground suggests that Indians   are actually\u003cbr\u003e better off. Economic discontent and insecurity are on the rise, farmers are   restive and\u003cbr\u003e land-owning classes are demanding quotas in government jobs. The   middle\u003cbr\u003e class is palpably disaffected, the informal economy is struggling and big   businesses\u003cbr\u003e are no longer expanding aggressively.\u003cbr\u003e India is not the star it was in 2008 and in effect, the 'India growth   story' has devolved\u003cbr\u003e into 'growth without a story'. The Lost Decade tells the story of the   slide\u003cbr\u003e and examines the political context in which the Indian economy failed to   recover\u003cbr\u003e lost momentum.","brand":"Penguin Random House","offers":[{"title":"Audiobook","offer_id":49329045668144,"sku":"BDdn6k","price":17.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0879\/2784\/9264\/files\/537858-dn6k-Square.jpg?v=1733733951","url":"https:\/\/downpour.com\/products\/book-dn6k","provider":"Downpour","version":"1.0","type":"link"}