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Should R. Vijayaraghavan’s proposals be implemented here?

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In the Financial Times he writes:

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“India needs a government that views its youthful population (more than 50% under 25) as a strength and not just as more mouths to feed!

“It needs to craft an original economic policy suitable for its labour-rich economy and not merely adapt the western model more suitable for capital-rich countries.

“It needs to educate and empower more of its population to adopt a self-employment strategy in trade and services, rather than hoping for “jobs” to follow foreign investment.

“It needs to defang the petty bureaucracy that hobbles its people. It needs a different set of tools to do all that. Just a new broom won’t do”.

 

Ed: A new set of tools may be acquired from several quarters, including Localise West Midlands, the Centre for Local Economic Strategies (CLES) and the Schumacher Center for a New Economics.

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