Splurging taxpayer funds in venture capital to boost start-ups is illogical and a travesty of the 'minimum government' promise
Driving me to work on Monday morning, my driver asked me, “Sir, yeh start-up kya hota hai?" (What is this start-up?). Clearly, he had watched television and/or read the newspapers about Prime Minister Narendra Modi’s Start-up India event. That my otherwise reticent driver felt compelled to enquire about this thing called “start-up" is a tremendous tribute to the prime minister’s signature style of governance, i.e. to communicate incessantly with the common man.