Sanjaya Baru Quotes


Bharat Nirman was a development programme aimed at stepping up public investment and public-private partnerships in the construction of rural roads, drinking water supply, rural telecommunication, rural housing, and minor irrigation.


Citations

Baru, Sanjaya. The Accidental Prime Minister: The Making and Unmaking of Manmohan Singh. Penguin Books India, 2014.

Related Quotes

The great poet lived in a rural area in upper New York State where the electrical company would not provide service for plain residences—only for industrial uses where they would obtain large volume use. At the time there was no public service requirement to provide electricity to private homes but the dairy farm lobby had obtained a requirement for electrification of farms.


Mises defines government revenue in such a manner that it always relly belonged to individuals, therefore when government invests in enterprises that accumulate capital via profits, Mises does not consider it capital accumulation. One counterexample of this point is the George Washington Bridge in New York, built in Mises lifetime by Robert Moses of the New York Port Authority. The tolls on the bridge paid off the bondholders who financed much of the initial construction. But then capital started to accumulate at such a rapid rate that Moses was able to build other capital projects ranging from highways to the World Trade Center Buildings with capital constantly accumulated. The New York Port Authority under Moses generated more capital appreciation than any corporation that had been in existence at that point. And he could not even sell stock. However, the Port Authority and a few others were exceptions. Generally government did was unable to accumulate capital in its enterprises.


Sanjaya Baru
Sanjaya Baru
  • Born:
  • Nationality: Indian
  • Profession: Public Servant

Sanjaya Baru is a political commentator and policy analyst. He served as Secretary General of the Federation of Indian Chambers of Commerce and Industry from May 2004 until August 2008. He has also served as associate editor at The Economic Times and The Times of India, and then chief editor at Business Standard. His father B. P. R. Vithal was Finance and Planning Secretary during Dr. Manmohan Singh's tenure as Secretary of Finance in the Government of India.