The Seen and the Unseen - hosted by Amit Varma cover image

Ep 237: The Importance of the 1991 Reforms

The Seen and the Unseen - hosted by Amit Varma

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The Indian State Can Carry Out More Welfare Than the Union Government Can

Every business has a certain fixed cost of for lawyers and accountants. And the fixed cost is so high in the modern environment that you could literally be hundreds of cror to pay for that minimum power of protection. So conceptually, what has happened is that there was a older, kinder, gentler india. But it's become harder and harder to do that because the machinery of the state is now deeply in the claws of each firm.

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