Young India wants its rightful claims delivered as required. It wants the politics mired with sleaze and corruption out of the way. It wants an efficient machine, not a paternalistic one. The government elected after May 16 has the opportunity to respond to this future India. There is a chance to remove many of the tired assumptions of old politics — its inefficient Statism, its undemocratic practices in political parties, its secretiveness about party funding. If it is bold, it can dismantle the moribund structures of State-owned banks and companies and free the system from the possibility of cronyism. The Indian State should divest most of its possessions. If nothing else, this will make it possible to reduce the burden of interest charges which eat up 10 times what the government spends on health. India has been an open trading economy for much of its history. The British introduced us to Statist policies in the 20th century. The licence and control regimes date back to the Second World War. They infected us with the nationalisation syndrome. The British, themselves, have moved on. The time has come to move on ourselves. Can the next government do it? indianexpress/article/opinion/columns/out-of-my-mind-an-election-for-future-india/99/
Posted on: Mon, 10 Mar 2014 05:28:16 +0000
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