OF COUNSEL
The Challenges Of The Modi-Jaitley Economy
Arvind Subramanian
Penguin Viking
347 pages; Rs 489
Don’t judge a book by its cover, it is said. But the cover photo of Arvind Subramanian’s latest book may well impress you. There they are, the Chief Economic Advisor (CEA) with his boss, Finance Minister Arun Jaitley, standing in front of North Block seemingly deep in discussion on grave matters of national and global importance.
The depth and breadth of the content of the book is impressive too -- the Goods and Services Tax (GST), the twin balance sheet problem, the Reserve Bank of India’s excess capital, Jan Dhan,