Business Standard

What the internet holds for India in 2018

Or, what the Indian policy process will allow it to be

Illustration by Binay Sinha
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Illustration by Binay Sinha

Ajit Balakrishnan
Our (India’s) single-minded embrace of the Digital reminds me of our single-minded embrace of Socialism in the 1960s. So, we all clapped enthusiastically when banks were nationalised, minimum wages and price controls were enacted, and the state ventured into manufacturing watches (too many were seen to be smuggled) and even bread (Modern Bread). But today we look back at that period as one of wasted opportunities. Every “moderniser” among us today holds forth on how the Indian state has to step back, why nationalised banks need to be privatised, why foreign investment, either direct or through the stock market, is
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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