Making the Public Sector Effective - V Krishnamurthy at the helm
The way some people tell history, India’s pre-liberalisation days were a wasted period. If only India had embraced capitalism and the private sector back in the 1950s or 1960s, India would have been like South Korea today – India and South Korea had roughly the same GDP per capita in the early 1960s, but today India’s GDP per capita is around $1,500 while that of South Korea is more than $23,000!




