The Indian Economy Blog

To say that I am addicted to this site would be an understatement. I cannot wait for a new update on this blogsite. Reason - Reason. I have never seen or met or come across anything this revealing but so easy to understand about the state of things in my country. Why we have developed in certain areas and not so in others? Unlike most of the people I have met, this blog is not interested in merely finding fault, but more so in objectively analyzing each situation, defining the cause for the scenario and provides a meaningful explanation and solution for the problem. Now, all the solutions they talk about may or may not be meaningful or practical - but atleast there is an honest approach towards discussion. In short this blog and its contributors have changed the way I look at lot of things, like - economy, education, multi-nationals, Governments, bureaucrats, laws, justice, poverty etc. In a very high level, I implicitly understand that what ever we are now (a.k.a India) is a result of many factors interacting with each other in a very complex manner. For instance to blame poverty on the politicians is quite fashionable. But very few people have thought about the underlying the reasons for poverty in this country, the extent of influence of politicians over poor people, the historical and geographical reasons and above all possible solutions. From what I have read from this blog, the solutions need to be made at the system level and not to just one of its manifestations - say, politicians or bureaucracy. If the inherent need of a system to be inefficient is removed, rest of the factors connected to the main inhibiters of efficiency tend to realign themselves so that system still lives but functions in quite a different manner.
My next topic would be poverty. I will have to heavily borrow from this blogsite and I will ofcourse give references and credits. Eventually in future I want to do my MBA. To this effect I believe merely understanding the organization's architecture is not enough but also the environment we function. To be a productive human being, and especially for a MBA - where most of the things are in macro-level, acute and profound interest in the society is absolutely essential.