Former civil servants Vijay Kelkar and Ajay Shah write that we in India revere success and wealth. We assume good HR practices in TCS will work in govt.
A red-hot economy was India’s greatest strategic strength. It's now diminishing and damaging India’s stature, as reflected in responses to the Kashmir crisis.
The fall in GDP growth needs to be reversed before it becomes a sustained downward spiral. Sharp tax cuts can help, as can a move away from the tax raids policy.
Goldman Sachs & Citigroup lowered growth projections to 6% for FY20, while Oxford Economics said there’s a risk the expansion could be weaker than that.
It is hard to recall another week under Modi that has been as packed with economic policy pronouncements. But it’s a long haul before narrative really changes.
RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
A lot of decisions in private firms can be tactical. Governments become the most effective when they establish rules rather than discretion, and eschew day-to-day tactical responses.
In other words, Govt got no business doing business…..
For a government willing to listen carefully, there are a billion daily feedback loops. From within its own formal structures, staffed by mandarins of caliber, from special interest groups, led by India Inc, the daily flow of analysis and advice from the media, civil society, professionals, academia. Ordinary citizens, sometimes getting through the ruling party’s own vast network. Like businesses that fail and fold up, so can administrations. Then, after the election result, numb party spokespersons saying, We did a lot of good work but were unable to “ communicate “ it effectively to the people. For all their apparent differences, governments and private corporations have a lot more in common than the column suggests. Bring home the bacon.
A lot of decisions in private firms can be tactical. Governments become the most effective when they establish rules rather than discretion, and eschew day-to-day tactical responses.
In other words, Govt got no business doing business…..
For a government willing to listen carefully, there are a billion daily feedback loops. From within its own formal structures, staffed by mandarins of caliber, from special interest groups, led by India Inc, the daily flow of analysis and advice from the media, civil society, professionals, academia. Ordinary citizens, sometimes getting through the ruling party’s own vast network. Like businesses that fail and fold up, so can administrations. Then, after the election result, numb party spokespersons saying, We did a lot of good work but were unable to “ communicate “ it effectively to the people. For all their apparent differences, governments and private corporations have a lot more in common than the column suggests. Bring home the bacon.