People well-versed in macroeconomics can only revive economy, says Subramanian Swamy© timesofindia.indiatimes.com

People well-versed in macroeconomics can only revive economy, says Subramanian Swamy

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BJP MP Subramanian Swamy, who has often criticised the government’s economic policies, believes only people with solid grounding in macroeconomics can pull the economy out of its current tailspin. He is of the opinion that the government today needs a crisis management team of experienced politicians and professional but politically-savvy economists who are rooted in Indian ethos and not compliant to institutions like the IMF and the World Bank .

Dr. Swamy has come out with a book in which he takes a critical look at various aspects of the Indian economy, both past and present.

Today, the economy suffers from clueless economic stewardship, cloaked in spin, and media management, while the economy is debilitated by serious multiple structural flaws that make this current slowdown unlike any other we have experienced in India since 1947, he writes in “Reset: Regaining India’s Economic Legacy.”