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Nonsense. Russian(Ex-USSR), China are more extreme in central planning and inward focus than India will ever be. The real problem is insatiable desire among In
by kamaal 7y ago
Nonsense. Russian(Ex-USSR), China are more extreme in central planning and inward focus than India will ever be.
The real problem is insatiable desire among Indians for Managerial/Administrative jobs. Or Govt bribe income potential jobs(Again in Administration). Most people want to be in abstract boss level administrative/managerial jobs because they think they can just give orders and make 10x more money than people who do 10x work to make things happen and make 0.1x money.
Indians do well in administration/management because it's the most aspirational job here. Lastly India is a country of shopkeepers and resellers. We are NOT an engineering or industrialization intensive country.
There is a fundamental cultural problem and that is unlikely to be solved soon given the misaligned incentives.
- terminaljunkid 7y ago> Indians do well in administration/management because it's the most aspirational job here. If your definition of doing well is doing some droid - like managing of stuff, yes. Innovation? Not much..