Letters: India on course

Image
Business Standard New Delhi
Last Updated : Oct 03 2013 | 9:32 PM IST
Shreekant Sambrani's fears and despair about India's future in the article "Gandhi's truth: Then and now" (October 1) are puzzling.

India has improved and is continuing to improve steadily since the end of the Licence-Raj. The 1991 reforms allowed Indian businessmen and industrialists to perform freely according to their own abilities and inclinations in open competition with the best in the world for the first time. With the cancellation of 2G licences, the shutdown of many mines and former leaders such as Om Prakash Chautala and Lalu Prasad Yadav in jail, the days of on-record and open stealing in India are likely to end fast. If only the justice delivery process could be speeded up then India would be well and truly on the path to rapid progress.

Rahul Gandhi's outburst is only the first crack in the walls of the Bastille of unresponsive political leadership, so to speak. This crack has resulted from pressure from the India Against Corruption movement and the Aam Aadmi Party and so on. Such cracks will widen fast and much more transparent and responsive governments may be with us sooner than the author is expecting. Furthermore, a household earning Rs 1,050 a month in 1971, should be earning not less than Rs 50,000 to Rs 75,000 a month today - even in sectors other than those that are inflation indexed. These households fall in the top one or two per cent of the country. If such elite complain about not being able to meet their basic needs, what will the remaining 98 to 99 per cent do?

Alok Sarkar Kolkata

Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 03 2013 | 9:01 PM IST

Next Story