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Tuesday, April 5, 2016
How Modi did it
When the present government took control it was felt that maybe some of the new ideas brought in were actually not so good. For example the abolition of the Planning Commission was criticised by almost every economist and policy maker. It was described as petty revenge against the Congress by deliberately running down a respected establishment. But now it is pretty clear that the Planning Commision had outlived its usefulness a long time ago. I am glad that our present Prime Minister came along in time to stop the rot. State governments can now decide on their future in consultation with the centre. To me it is a better way of running the government. In the old system policy making was always top down. Policies were implemented without consulting by the states. Now the economy is facing many challenges particularly with the slow down in China. Hopefully this will be the time for India to take its rightful place in the world.
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