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[Dec 2007, Volume 4 Quarterly Issue] Pdf File size - The IIPM Think ...

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THE GREAT INDIAN DREAM<br />

“Many ideas grow better when transplanted into another<br />

mind than in the one where they sprang up.”<br />

-Oliver Wendell Holmes<br />

When Great Indian Dream got released in August 2003, it created<br />

scores of academic debates and ideological dissent among<br />

many leaders. After inquiring into fallacies in national economic<br />

planning, specifically resource mobilisation strategies, it proffers<br />

an alternate plan, reconciling key social developmental imperatives,<br />

economic challenges and political constraints. <strong>The</strong> futuristic<br />

and unconventional economic wisdom inherent in it has been<br />

gaining a lot of acceptance and appreciation from many thought<br />

leaders in all walks of life. Accrediting their three decade old research<br />

at <strong>IIPM</strong>, the authors’ talk of potential growth rates over<br />

14%, since then. <strong>The</strong>ir observations were disregarded. But nowadays,<br />

every national and international think-tank, including the PM<br />

talks about a 10%. <strong>The</strong> Election Commission took a leaf out of<br />

this book and ordered enquiry into the rigging process in West<br />

Bengal. Many politicians were defamed and intelligentsia was<br />

provoked. Veteran lawyer, Ram Jethmalani used it for his campaigns<br />

in opposition to Atal Bihari Vajpayee. As on <strong>Dec</strong>ember<br />

2005, the tax component is almost 55 per cent in petrol and for<br />

diesel, the tax component in the price is almost 34 per cent, in line<br />

with the resource mobilisation strategies of the authors. It is indeed<br />

very assuring to find that in the last two years as it hit book stands,<br />

tolerant of a few minor deviations, the compelling socioecononomic<br />

recommendations mentioned in it remain convincingly<br />

well-founded. <strong>The</strong> ideology integral to this book has turned<br />

into a movement called ‘GID Foundation’ (GIDF), stirring a social<br />

revolution, as it supports developmental initiatives in more than<br />

2000 villages across 12 states and supporting an estimated 25,<br />

00,000 people residing primarily in the remote/backward areas.<br />

Effectual ideas relating to all social sectors are featured in the<br />

book are being executed to restore pride to the ‘betrayed India’.<br />

Reminds one about Sigmund Freud’s associable observation:<br />

‘Thought is action in rehearsal’.

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