For decades the Indian economy has flattered to disappoint.
To a large extent this was because the country was unable to crack the code on rolling out big ticket infrastructure projects—especially in solving the gridlock caused by a combination of lack of coordination within the union government and between the centre and states, red tape, corruption and instances of judicial overreach.
In the last decade India effected a turnaround by rewiring governance through PRAGATI—the acronym stands for Pro- Active Governance and Timely Implementation.
It aligned all the stakeholders on the same page, ascribed accountability and ensured real time monitoring, resulting in a spectacular turnaround in the rollout of infrastructure projects in India.
In this episode of Capital Calculus, StratNewsGlobal.Tech spoke to Soumitra Dutta, who co-authored one of the most detailed global reviews of PRAGATI. Soumitra is the former Dean of Said Business School, Oxford University.
