India is not thinking big enough, not taking bold enough steps.” What are the steps you wanted the Government to take that have not been taken?
If you look at China and India, one glaring difference is that everything China has done has been enormously bold; in fact unbelievably bold, on the verge of seeming to be overkill. (In contrast) We”re always growing in small increments and we”re always behind the curve because our demand exceeds supply and we”re always trying to catch up. And, perhaps, the time has come to go ahead of that curve and think really boldly. Do we lack the confidence to be bold? Do we lack the vision? Or the courage? I think its part of our culture. We”ve come from a planned economy which was suppose to balance supply and demand, and we just did what we had to do. I think that”s a culture of the past. So we have to change our way of thinking? Yes and we have to have the courage to be able to live with over supply because the planned economy and licence raj has created another mindset which is that you don”t live in an open, competitive world. You live in a world, which buffers and protects you. And w
