Thursday, March 31, 2011

How economic freedom can be used for development...

I liked reading about late YSR in this Economic times editorial by swaminathan aiyer.

If these facts are true, then YSR was close to what a 'practical' Chief minister can do in India.

There is no denying that there will be corruption & nepotism. But to ensure social growth with emphasis on economic freedom is commendable and YSR should be lauded for that.

This article made me look up wikipedia for the term "crony capitalism".

 and i found this.

 The link has special mention for India (reference to its "licence raj" before 1991) . Interesting.. :-)


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