Opinion | Top-heavy governance might be well past its expiry date already
We should devolve power downwards for ground-up responses to complex new economic challenges
We are entering uncharted territory in the third decade of the 21st century. So many ground realities have changed over the last three decades that one doubts the ability of even competent governments to be able to cope with the challenges. As far as India is concerned, despite the well-meaning intentions of old trade and free-market theorists, there is no certainty that their advice will work. The reason: when advice is taken too late, it may not work at all.