PlanetSoldier
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Well..I don't think this is the one eastwatch meant. That will be public university, this one is private.
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True what you say.
Though, the one key achievement that Nehru did achieve was in education for Indians. And that explains a quite a lot in India's world-class IT industry today.
IIT's were definitely Nehru's contribution.Institutes of Technology Act 1961 was a land mark in history Indian education,But the real benefits IIT's only reached to India after economic liberalization.Back in those days,every year 70% of IIT graduates simply left the country in search of better opportunities.Just imagine the tremendous waste of tax payers money.Of course after 1991 IT boom in India mainly happened because these IITians working all around the world.That's a different story.
Well, a command economy model will never work for any South Asian nation. Mujib's command economy models failed miserably. Proven fail.
A free-market and capitalist approach is the only way forward. One can't simply put a lid on creativity.
Initially Nehru wanted a mixed economy,but then they got carried away.Govt started intervening more and more and started introducing more and more regulations suffocating private industries,Eventually we ended up with what we call License Raj.In 70s itself we should have moved towards a free market model.
There was a reason behind license raj......not a mere decision.......it ensured regular party funds for election......more like a kind of extortion u can say.....
I reckon that was Indira Gandhi's introduction.She was the one who Nationalized banks and started to exhort a prioritized lending policy.This gave Govt enormous control over Industry.If you needed a loan pay the bribe.Even to expand or to layoff a few employes a private company needed Govt permission,Of course more opportunities to pay bribes.I think some of these stupid regulations were deliberately created just for maintaining the power and influence of these corrupt bureaucrats and politicians over industry.
Yeah, Atish Dipankar is from that village Vajrajogini.......I heard a lot abt him.....
BTW.......what is "PTH"....???
We've been discussing this long how we frequently can visit the Coffee House for an adda without any bar ?
You've your root at my maternal origin.
Initially Nehru wanted a mixed economy,but then they got carried away.Govt started intervening more and more and started introducing more and more regulations suffocating private industries,Eventually we ended up with what we call License Raj.In 70s itself we should have moved towards a free market model.
1 glass jol
Really disappointed with this thread...
Yet no discussion on Calcutta Babus...or Bengali Babus...
for our blood brothers across the west, tell us more about these "Babus"
@LaBong
PakTeaHouse. If you want to understand Pakistan, you must read the articles and ignore the comments.
First, a true Bengali does not need alcohol; he or she is intoxicated with ideas and the world of the mind.
Second, my paternal side is Dhaka Bikrampur; my maternal side is Barishal Kulokathi.
I am just wondering what Indian Bengali will say after 10 to 15 years when Insha'Allah Bangladesh will have better living standard India?