A Policy Question

The question is this. What specific policy change would meet the following criteria:

  • It would immediately start the process of unshackling the Indian economy (or even any backward economy) and put it on a path to reaching its potential
  • It would not involve any public expenditure (that is, it would not impose a burden on public finances)
  • It would be popular with the public (meaning it would be not opposed by any significant segment of the population) almost immediately
  • It would not involve the development of any new technologies
  • It would not be adopted by any politician, political party or the government (because it would hurt their narrow, financial interests)

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