Hello friends!!
I recently read an article by the founder-director of a seed fund company who listed out strategic building blocks for conceptualizing a successful billion dollar start up in India. Then I read a blog by a dear friend as to how Indian State authorities are obsessed with 'Permission Raj' even for exercising the fundamental rights of speech & free press. India is typically a land of paradoxes. The country is keen to invite foreign direct investment but is unable to provide a systematic, transparent regulatory environment. The arrest of the Amway CEO is being looked at as a result of lack of clarity of Indian laws. There are so many instances...
The huge potential of the Indian economy can only be harnessed if we do away with these complications . A simpler , non-redundant , well laid out, productive & efficient State approach is the need of the hour. As India goes for elections in the coming year, we have to demand this agenda from the candidates so that our economic policies are not restricted to limiting gold imports for reducing current account deficits.
There has to be a focus on systems that are robust, holistic & clean so that paradoxes are restricted to cultural spheres.
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