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20 sats \ 3 replies \ @Undisciplined 8 Jan \ parent \ on: India: Is the world's fastest-growing big economy losing steam? econ
If true, then just cut the red tape for businesses below some size.
It's true but corrupt politicians outweigh the good ones by a huge margin. The bad ones don't let the red tape cut for any size because it will give s rise to transparency.
Those who are good and honest are mostly type of people who otherwise are wise but I doubt they understand little bit about economy.
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That's what I meant by "if true". My presumption is that they're lying.
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Yes, they are liars. As I said cutting the red tape would make things transparent which would cut down on the corrupt practices and result in less no.2 income for politicians and bureaucrats, they will not do it now.
I don't blame them but I blame the type of constitution they created to run this country is the culprit. There are things in there that lead to corrupt practices.
For example, there was pension system in India for government workers a few years ago. This was changed. But all former MPs and MLAs still get pension after their 5 years are completed. This is because the rules for them are seperately mentioned.
Even though a government teacher or doctor would work for 30 - 40 years and yeah he works for real, whereas a politician if gets elected just for once, he can be certain for a lifetime of salary + perks.
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