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India will grow despite the government

I was listening to Mr Montek Singh Ahluwalia yday; this thought was triggered when he was discussing self regulation vs external regulation in microfinance seminar. That set me thinking; how big a role has the government played in the recent India growth story? That's a question of great importance to all of us. After all, we place a great deal of emphasis on the management of a company while investing. Surely the same should apply to the custodians of the overall economy.Successive governments keep stumbling in getting their policies right.

Indian entrepreneurs do what they have to do in spite of the government.An enlightened political class would do wonders for our economy. But in the era of walkouts and note laden garlands, the most businessmen expect is the politicians' benign neglect.

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