Since its independence in 1947, India's leaders have sought to grasp the greatness that the country seemed destined for. India's first prime minister, Jawaharlal Nehru, articulated these aspirations early on but, overwhelmed by development challenges, his successors focused largely on domestic concerns rather than on global leadership. The post-1991 era saw India positioned for the first time in many decades as an economic success, suggesting that it was on the cusp of breaking out as a global player.
The twenty-odd years following the 1991 reforms were heady for India. Based on the expectation that India was now poised to ascend as a major power, Prime Minister Narendra Modi-less than a year after he first took office in May 2014-expressed his desire that India assume a leading role: completing the transformation from being merely an influential entity into one whose weight and preferences are defining for international politics.
Grasping Greatness explores the various tasks pertaining to this push for eminence in world affairs. It elaborates the economic, state-building, and international dimensions of this ambition. Eminent thinkers like Rakesh Mohan, Ila Patnaik, Surjit Bhalla, Arjun Subramanian, and others reflect upon the tasks at hand and the desirable routes to achieve them.
Edited by Ashley J. Tellis, Bibek Debroy and C. Raja Mohan, Grasping Greatness is an important contribution to the intellectual debates as India enters into a new era on the world stage.
Bibek Debroy was an Indian economist, who served as the chairman of the Economic Advisory Council to the Prime Minister of India. He was also the Chairman of the Finance Ministry's 'Expert Committee for Infrastructure Classification and Financing Framework for Amrit Kaal'. Debroy has made significant contributions to game theory, economic theory, income and social inequalities, poverty, law reforms, railway reforms and Indology among others. From its inception in January 2015 until June 2019, Mr. Debroy was a member of the NITI Aayog, the think tank of the Indian Government. He was awarded the Padma Shri (the fourth-highest civilian honour in India) in 2015. Bibek Debroy's recent co-authored magnum opus, Inked in India, stands distinguished as the premier comprehensive documentation, capturing the entirety of recognized fountain pen, nib, and ink manufacturers in India. In 2016, he was awarded the Lifetime Achievement Award by the US-India Business Summit. In 2022, he was conferred with the Lifetime Achievement Award by The Australia India Chamber of Commerce (AICC). In February 2024, Debroy was conferred Insolvency Law Academy Emeritus Fellowship, in recognition of his distinguished leadership, public service, work and contributions in the field of insolvency. Bibek Debroy died on 1 November 2024, at the age of 69. He had been admitted to All India Institutes of Medical Sciences in New Delhi one month prior.