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61/bbr The solution to #Bureaucratic #Socialism (#BS) is neither #Bureaucratic #Capitalism, nor #Bureaucratic #Mixed #economy, but a #New #Development #Paradigm (EPW 2001; egrowfoundation.org/research/a-new…) further explained in, sites.google.com/site/chintan19… and egrowfoundation.org/research/india… 🧐
62/bbr “The J curve of Institutional reform” (2020) egrowfoundation.org/research/growt… showed that anti-black money crusade can’t b sustained w/o Institutional reform. Corruption is a systemic problem in India(origin Bureaucratic Socialism) & can only b solved by policy+institutional reform
63/bbr This is encouraging, but more needs to be done wrt #EODB/#EORC and to translate the policy reforms announced during last 3 yrs into rules, regulations & simpler procedures for producers & exporters. m.economictimes.com/tech/technolog…
