A Few Home Truths about India

A sense of optimism is an absolutely essential necessity for any future success. That’s true not just at the individual level; collective optimism is as indispensable for national success. However, misplaced optimism grounded on delusions of grandeur can ensure failure through misalignment of priorities and mis-allocation of limited resources. So it is not out of plain crotchety contrariness but rather out of welfare concerns that one must take a dispassionate look at reality to base one’s expectations on, and to chart out a course of action. The balance sheet must include an accurate account of current assets and liabilities — not just future expected earnings grabbed out of the thin air of wishful thinking. I find that balance missing in many of the reports that are generally published by the main stream media and which land in my inbox enthusiastically forwarded by the “mera bharat mahan” brigade.
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