Wednesday, June 11, 2014

Fix the Economy, Dont Target Big Business, Op-ed in Economic Times, 19 May

With the cacophony of the 16th Lok Sabha election behind us, it is time to reflect on the realities of the politicoeconomic system that constitutes the set of initial conditions for the next government. The economy is sluggish and structurally weak. More than 60 years after Independence, only a small minority can afford a decent living. Indira Gandhi had vowed to remove poverty ("Garibi hatao") while campaigning for the Congress in 1971, but the improvement has been so small, and the policy di ..