Sunday, March 05, 2006

Nuke deal is inked, we are growing at 8% , Mittal bids for Arcelor hurrah.... how my euphoria died down

This was suprisingly a laid back week. A friend visited me on wednesday so took a day off, then got the weekend off too. So got to catch up with the Bush Visit , the nuke deal and all that on TV. NDTV's discussion was extremely good,putting in varied views both from US and India. The impression i got was that this is the new India. A young, rocking india which the world has started to recognize and give its merit. I am generally a cynic,but after the discussions and the euphoria i felt good about our nation. Finally after years of floundered potential are we reaching there, to become a global superpower? With those thoughts i dozed off..

Alas first thing in the morning the euphoria came crashing down. I had to wait for an auto for 15 minutes and it took me 45 minutes to travel 2 kilometers. I am in the commercial capital of India not some rural heartland, but it takes me 45 minutes of treachorous road and traffic to cover a mere 2 kilometers. The 8% growth beleive me is a great thing, thing that you and me should be proud of. Because it has come despite these treachorous inadequacies. Inadequacy of infrastructure, labour market reforms, power, water and what not. Imagine the growth we will reach if we are provided with all this.

So what India needs to become a superpower, is not big government but big governance. Whereever we go in this country there is a lack of governence which is stopping us from reaching the 10-12% growth we ar capable of. Forget the left, right and center of our political space, things should be brought down to simplicity of governance. Unless that happens all this will remain just that.. rhetoric

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