The purpose of competition is not just to ensure victory but also discover relative strengths and weaknesses, says Sudhir Mulji
Last week I wrote about two paths to development (Transparency from RBI). One system was competition, the other central planning. India, under the leadership of Nehru and the intellectual impulse of Mahalonobis chose the latter and the past 40 years have made it clear that this choice was a mistake. The time has come to explore the
