Saturday, August 24, 2019

Land Acquisition & Labour Reforms

Modi's govt backed off on Land Reform & Labour Reform back in 2015 after Lefties violently protested. We should try to go at this again from another angle, by devolving some of these powers down to the state and local district govts, in order to offload political risk/burden away from the central govt. Some local politicians will bow to their violent Lefty protesters and avoid using their newfound powers for reform, so that their economies then stagnate - but other local politicians will manage to get their reforms through, allowing their local economies to shoot forward. The result will be a net gain - and the positive performers will have a first-mover advantage, so that at some point they'll become ignition points to light the wider economy of the country on fire.

My point is that there are successful tactics against any obstacle - you just have to look hard enough.

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