The main goal of the regulatory policy has been to control the size of Mumbai by penalizing any new development, fearing that economic success would attract more people._ Yes, we have deliberately planned for our cities to fail. That has been our intent. If they succeed, then more people would move there, __ho would have to share an already deficient and immutable infrastructure_. Bertaud concludes: __his is a very pessimistic view of urban development.' An understatement, so classically French!
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Mihir S. Sharma
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13 million Indians will join the workforce every year from now till 2030. They know their prospects aren__ good. Here__ why: in the years from 1972 to 1983__ot celebrated as a time of overwhelming prosperity__he total number of jobs in the economy nevertheless grew 2.3 per cent a year. In the years between liberalization in 1991 and today, jobs have grown at an average of only 1.6 per cent a year. But, if these young people have to be absorbed, then jobs must grow at least 3 per cent a year__lmost twice the rate at which they have since liberalization. This is simply not happening. In other words, one out of every two youngsters who starts looking for a job next year won__ find one.
This is the kind of corruption we understand, the corruption of the petty clerk writ large, and so this is the kind of corruption we look for. This is the kind of guilt we expect and understand: personal, targeted, involving suitcases. We really need suitcases.