Thinks 462

Swaminathan Aiyar: “It’s time India realises the economic perils of rising protectionism … Aatmanirbhar rests on two pillars: a production-linked incentive (PLI) for 14 selected industries, and a phased manufacturing programme (PMP) that raises import duties, first on finished products and then on components, to incentivise creation of a full value chain. Most successful countries have opted to become part of global value chains (GVCs), specialising in a few components and achieving global scale economies.”

Milind Sohoni: “A recent report estimates that about 8 lakh students travel abroad for higher education every year and spend $28 billion or 1 per cent of our GDP on this. Of this, about $6 billion are fees that go to foreign universities. This is about Rs 45,000 crore, which is adequate capital to start and run 10 new IITs, IISERs or JNUs or any such elite institution every year. And yet, by the recent CAG report, the eight new IITs started in the period 2008-2009 are not doing well at all. The clutch of new private universities too has not managed to dent the above exodus of students and wealth. Thus, even after 70 years of Independence, and the last eight years of vigorous policy initiatives, we neither have aatmanirbharta nor a value proposition in higher education. Why is that?”

Maya Angelou: “We write for the same reason that we walk, talk, climb mountains or swim the oceans — because we can. We have some impulse within us that makes us want to explain ourselves to other human beings. That’s why we paint, that’s why we dare to love someone- because we have the impulse to explain who we are. Not just how tall we are, or thin… but who we are internally… perhaps even spiritually. There’s something, which impels us to show our inner-souls. The more courageous we are, the more we succeed in explaining what we know.” [via Shane Parish]

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.