But before we can present the analogy as an universal truth, one has
to be specific as to WHAT or WHOSE public ( or private ) sectors we
speak of. Indian public sector is not the same as that of China's or
of US'.
US phone services and electricity providers ( called public utilities
for obvious reasons) were autonomous entities but closely controlled
by the government; yet has proven to be some of the best the world
ever saw. China's public sector provides electricity, water supply
and sanitation to its burgeoning
industry and rapidly progressing civil sector.
So the problem is with what passes for government in India. That is
the difference. Just because Indian governance is dysfunctional, does
not mean ALL governments are destined to be so.
At 5:06 PM +0000 11/18/07, Malabika Brahma wrote:
Cell phone services are available all over India at a very
reasonable rate with excellent service, however electricity is not.
This is because cell phone was considered a luxury and hence left to
the market forces whereas electricity was considered essential and
left for the government to provide.
Government always messes up whereas fair market dynamics does not.
Utpal
Yahoo! Answers - Get better answers from someone who knows.
<http://uk.answers.yahoo.com/;_ylc=X3oDMTEydmViNG02BF9TAzIxMTQ3MTcxOTAEc2VjA21haWwEc2xrA3RhZ2xpbmU>Try
it now.
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