I have another read to recommend: Percy Mistry, who recently chaired an important committee on financial market reforms, has written a 2-part article published in the Financial Express, provocatively titled “How to change the country in 1700 days” that is worth reading in the precise sense that pillars of the establishment are writing such things. (Thanks to Chandra.)
For example:
Inevitably, the type of reforms that India needs will transform the role of the state from its current default setting of ‘command-and-control’ over every aspect of Indian life. Such reforms must transform and cure the multiple personality disorder that the psyche of the confused and overstretched Indian state so obviously suffers from.
The reforms Mistry calls for include privatization – and more. He also criticizes the “poverty alleviation” programmes of our The State, saying:
The public and the poor will benefit more by the extended activities of a private sector encouraged to profit from the bottom of CK Prahalad’s pyramid; far more than being patronised, condescended to and often robbed by a state whose minions at the interface of poverty are brutally predatory and criminal.
Read “How to change the country in 1700 days” Part One here; and Part Two here.
There is hope. The climate of opinion is changing. And it is only opinion that rules. Glad to be in the opinion business.
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