 "Illustration by Binay Sinha")
Let’s not blame economists, politicians, bureaucrats for our economic travails like not enough jobs, losses of public sector, collapse of the banking and infrastructure building companies and the agrarian crisis.
And let us also not lament that our economic travails are because we as a country are caught in a vicious cycle of business folk who focus on trading and rent-seeking on land (real estate), spectrum (telecom), and labour (IT services) rather than on technical innovation. Or blame the chorus of economists and financial policy-makers, educated and with full-time jobs abroad who come for short sinecures that embellish their resumes
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
