ABSTRACT

The vision of a New India is one without poverty and squalor. Improvements in Ease of Living require adequate financial resources, possible only if the rates of growth are high and the Ease of Doing Business, simple and trouble free. A more enterprise enabling infrastructure and regulation with easy access to institutional credit, holds the key to higher rates of growth in manufacturing and business. While the improvement in the Ease of Doing Business has improved, more efforts are needed to generate the animal spirits required for very high rates of economic growth. The outcomes need Panchayat-led monitoring and all village level institutions like education, nutrition, and health facilities need to be under the Panchayat with community organizations having a well-defined partnership role. Crafting credible public systems is often given up on the assumption that private sector will do all and that it is impossible to make public systems deliver quality services.