Even Public – private has problems . Letting go of bureaucratic control should not mean no accountability for private sector failures or a free hand to private sector to any form of monopoly powers and blackmail other smaller players. It must be dynamic and in national interest only . This will lead to building private sector unhealthy monopolies. Incentives must be aligned for greater purpose not just profit. Both state and private players must coordinate rather than celebrating the destruction of ISRO.
Neither can socialist India remove ‘socialism’ from the Constitution nor let go of bureaucratic control over ISRO. Nehru was a socialist control freak, and Modi is following in his footsteps. Greater the control, greater the corruption, and greater the satisfaction. It is a win-win programme for the politicians and bureaucrats.
Even Public – private has problems . Letting go of bureaucratic control should not mean no accountability for private sector failures or a free hand to private sector to any form of monopoly powers and blackmail other smaller players. It must be dynamic and in national interest only . This will lead to building private sector unhealthy monopolies. Incentives must be aligned for greater purpose not just profit. Both state and private players must coordinate rather than celebrating the destruction of ISRO.
Neither can socialist India remove ‘socialism’ from the Constitution nor let go of bureaucratic control over ISRO. Nehru was a socialist control freak, and Modi is following in his footsteps. Greater the control, greater the corruption, and greater the satisfaction. It is a win-win programme for the politicians and bureaucrats.