And what about the modern industries? They must be forced through regulation to acquire new technological innovation and management capabilities to become highly energy efficient, environment friendly, and customer friendly. Besides benefiting the society and the environment around them, such capabilities will enable industries to become globally competitive. This is a huge challenge for the Indian industry and will require change in mindset and a lot of work. The surplus manpower in current times of recession can be usefully trained and engaged to build the new systems and capabilities required in this process.
The government must enhance spending and the banks must offer easy credit to directly support the activities that lie within the ambit of strategies proposed above. This will enable the Indian society to transit to a new development path that entails people-driven decentralized governance systems, sustainable and environment friendly infrastructure, agriculture and industrial systems in rural areas, eco-friendly cities, and modern industries with energy efficient and environmental innovation capabilities. The support must be offered until such a transition is achieved. As for terrorism, it will be rendered a secondary concern if we set out seriously on the task of building a prosperous, sustainable and just society.
Rahul Pandey
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