it failed to acknowledge the extent to which the colonial power had participated in and nurtured the corruption, and the conditions engendering corruption, that free
“The government had no response to this finding, just as it had none when India fell in GDP per capita behind Bangladesh. In 2014, India’s per capita GDP ($1573) was about 50 per cent ahead of Bangladesh’s ($1118).179 At the end of the financial year 2020–21, Bangladesh was at $2227 and India at $1947.180 In the Modi years, Bangladesh has quietly doubled its income while India has produced much bluster without performance.”
― Price of the Modi Years
― Price of the Modi Years
“The Economist stated that ‘most alarmingly, in India some of the rich have become super-rich by using their heft to crush smaller competitors and thus corner multiple chunks of the economy. The tilt in fortunes has rewarded not so much technical innovation or productivity growth or the opening of new markets as the wielding of political influence and privileged access to capital to capture and protect existing markets’.”
― Price of the Modi Years
― Price of the Modi Years
Sanjeev ’s 2024 Year in Books
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