Education | Manish Sabharwal: Our new tryst with destiny
India’s twin challenges of politics and economics involved two risky experiments in 1947. The political one—votes for everyone—has worked out spectacularly, with India creating the world’s largest democracy on the infertile soil of the world’s most hierarchical society. But the economic one—embodied in the Avadi resolution of 1955 where the Congress session adopted a socialist economic path—failed spectacularly because it sabotaged mass prosperity by confiscating the entrepreneurial freedom to create jobs. Consequently, our labour is handicapped without capital and our capital is handicapped without labour. Our unfinished journey from national independence to mass prosperity requires policy innovation at the intersection of jobs and skills. The recent budget has made a great start, but ref...