This is the second part of the article http://reflectionsvvk.blogspot.in/2013/06/the-indian-growth-engine-hobsons-choice.html eruse any newpaper, online business site dedicated to India (or any other for that matter) - you will find a set of reactions and analysis posted using the words "urgent need for kick-starting reforms" or "Indian Problems are structural in nature"; apart from a rare article in business newspapers, and the odd analytical article in Business Magazines, few - if any - deal with this at any length. Reams are written on Current Account Deficit, Rupee's Free Fall, FII redemption pressures, Policy Stasis; the assumption is that certain policy matters, if corrected, can get us back on track again. Accordingly, our political classes come out with plans and schemes to attract FDI into the country by various means; as if the answer lies in that alone. What use is a policy that cannot be implemented fully, whose benefits do not reach the p...
Indian Top Blog {2019, 2018, 2017, 2016 & 2015} for the past 5 years and counting; Nominated in top 5 Political Bloggers by Blogadda in Win-15. I specialise in deep politico-economic analysis; Books off the beaten track, and a value & fundamentals-based approach towards the Indian Economy, Corporate India - And Especially Indian Colonial History