The economic model suggested by >economist Ashok Desai (Dec.2) gives only a partial view. Although he says that power shortage is a major constraint, one can say it is infrastructure problems that impede our real growth. The Asian tigers have concentrated much of their attention on infrastructure development since economic development inter alia is a function of infrastructure facilities. The BJP government needs to be given time before it can be criticised.
Vishnu K.,
Thrissur
A Prime Minister who is busy engaged in planting the “Make in India” placard overseas needs to study the ground realities. The boom in the IT industry during UPA rule and the strong fundamentals of our banking industry that withstood the global meltdown were the key factors that ensured India’s survival against all economic odds. The government has completed almost 200 days in office without any realistic growth plan or a schedule for realistic growth. Mr. Modi must understand that a mere invitation to investors and promises on paper do not make India an investment destination. A blueprint for sustainable growth which ensures infrastructure availability and hassle-free policies are needed.
C.R. Ananthanarayanan,
Bengaluru
The reforms suggested are not in tune with those under a perfect welfare state. The writer suggests the corporatisation of State electricity boards and wants subsidises to be financed through State budgets. But he has ignored the ill-effects of subsidies which bring down public spending in crucial sectors like health and education. An overburdened State budget can’t do much good. His suggestion to create a national energy exchange is a perilous one. Energy is a need rather than a necessity, and not a desire. The suggestions on the transport sector are welcome ones.
Tabish Naqvi,
Patiala
