A Kindergarten for Great Economies
I just got thinking rather randomly while driving from work one evening in the curse-worthy Mumbai traffic. These are ideas and thoughts which, as you will discover, do not pre-suppose a great knowledge of either economics, or finance, or of nations and political systems. I will steer clear of these simply because I myself have no such storehouse of knowledge and whatever I put down here is a result of a thought-process heavily mutilated by the travails of negotiating traffic. India needs investment, a lot of it and in as many sectors as you can think of. Infrastructure, governance, rural development, energy security, financial inclusion, environmental preservation & carbon control, food security, housing and so on. The list can be more exhaustive and one can keep adding. I don’t keep poverty alleviation in any such list for obvious reasons. Poverty is not a standalone disease; it’s a result and has to be treated by treating the causes. The reasons for India’s hunger for ...