In the earlier post on Public Investment for Solar Power I had advocated that the government of India should spend a huge deal of money in research and development of the technology for using solar power.
This is a brief response to a couple of comments to that post. First, let’s recognize that the current state of the art does not allow the harnessing of solar energy on a scale that will make conventional fuels obsolete or even make a significant dent in their demand. That is precisely why more research and development is required. If doing the R&D were cheap and easy, we would not be having this discussion because it would have been done by some enterprising corporation already. The reason I put the figure around US$100 billion is because it is going to be a hard problem — you have to solve all sorts of related issues, from storage technology to fabrication of photo-voltaic devices to the mass manufacture of associated equipment.
Second, public investment does not mean that a bunch of government entities will be doing the R&D. Funding is public but the actual work can be entirely in the private sector. The hard problem is to create the mechanism which would allocate the funds to the most productive teams. One way would be to create an independent authority or an institution along the lines of the National Science Foundation or NASA of the US.
Technology does not spontaneously arise out of thin air. Someone somewhere at some time has to have the will to make the effort to develop it. So far for all practical purposes all the modern technologies are developed in the West, particularly in the US. It is time for us to pause and wonder why it never happens in India. Are Indians incapable of developing technology? Surely they are not dumber than any other large aggregate of people. Are they lacking resources? Not really, because India is a large country, even though it is poor in per capita income and wealth. So what is the missing ingredient? I think it is a lack of vision, a lack of national pride. Sometimes in a dark mood I think that Indians are a nation of followers, not leaders.


