This is from The Intersection column that appears every other Monday in Mint. Pratap Bhanu Mehta offered a searing indictment of Indian capitalism in the Indian Express a few days ago. At a time when tectonic shifts in world politics requires Indian capital to step up, he finds that it“shows little appetite for risk, no courage, little ambition for leadership, and little confidence in its own ability to build.” The Urbanomics blog has a good handle on the state of India’s private sector...
