Sunday, September 9, 2007
The bureaucracy in India is the country's worst enemy. I spent most of 3 years working in India and was so impressed by the people and opportunities there. Yet time after time the government and local officials get in the way of progress and hold the country back. Technology and software are the areas of greatest growth mainly because those industries grew up so fast that no bureaucracy was built to get in the way. Furthermore, the second fastest growing areas are those like the domestic airlines that have been significantly deregulated and allowed to compete. If the government parasites in India would just let go the country would explode.