“There is a tide in the affairs of men. Which, taken at the flood, leads on to fortune . . .” Shakespeare used a sailing metaphor of tides for what in modern terminology we call “a window of opportunity” or ” an inflection point”. There are inflection points in the affairs of countries too.
India has had a number of those. One was in 1947. Then came another when Nehru died (and not a day too soon.) Then another when Indira Gandhi lost the elections following the imposition of “Emergency” and assuming dictatorial powers. Then another when she paid for her misadventures in Punjab by being shot by her bodyguards. Then another when her son Rajiv was killed by a suicide bomber. All of them were inflection points, amazing opportunities for India to change tack. All were not taken at the flood and India continued to be bound in shallows and miseries.
Continue reading “Squandering India’s Greatest Opportunity”
Mr Katju, who is a retired supreme court judge, provided his insights into “abolishing unemployment in India” on social media yesterday. According to him, Soviet Russia solved that problem by “raising the purchasing power of the masses, and thereby rapidly expanding the economy and consequently abolishing unemployment.”