There is a new CEO in town!
I must say, PM Modi’s talk on I-day was impressive. It was more a CEO talk, than that of a politician’s! The scrapping of the planning commission from the 1950’s to be replaced with a more modern organization. Setting up SEZ’s around ports (instead of a 0.25 acre wherever a politician or his kin had land and changing the laws to force actually productive export companies to “rent” them to get tax benefits). Trying to drive development from the state to the centre! It is heartening to finally see someone take the initiative to move things forward. Even a jaded Sir. K. Sam, is more optimistic!!
However, one hopes, the run towards growth will be guided by responsible policies towards environment, tackling corruption and inclusive growth. In a earlier post I have written about pollution and how regulatory authorities tied down by corruption or apathy, weren’t doing much. If that part is not fixed, along with growth, we may be looking at cancer cities like those that dot the periphery of some of the larger industrial towns in China.