,
6 tweets,
1 min read
Read on Twitter
'Garibi Hatao' through Minimum Government i.mdnalapat.com/tsg190519
Although those around PM Modi seem to believe that every action taken by his government is a work of genius, including such self-goals as demonetisation, the fact is that only the inability of the opposition parties to excite the mood of the electorate has kept BJP hopes alive...
Just as England accepted a Christopher Hitchens, India should not balk at an Aatish Taseer. But he errs in his dystopian view of today’s India.
If only our politicians would step aside and allow the spread of entrepreneurship, individual freedom, the English language and technologies such as 5G, this country will enter a high growth path rather than the Middle Income Trap economist Rathin Roy warns about.
Igniting a higher growth rate in India is easy. As Narasimha Rao showed in industrial policy during 1992-93, what is needed is not more of the same policy or adding new policy, but ensuring less—much less—of existing policies.
The PM should cut away at tax rates & regulations, and walk away from the notion peddled by the civil servants that cluster around him that govt has all the solutions, and so should retain as much of the income of the citizen and control over the population as the British had.
