Setting right priorities to manage national capital & make it efficient
He is Manmohan’s man in the Planning Commission. But he is there because he deserves it. Needless to mention that Montek has stood up to the challenge over the past few years to provide direction to the Planning Commission in the era of ‘LPG’ (liberalisation, privatisation & globalisation). He has undoubtedly introduced fresh management techniques in the commission, because he firmly believes that it is “more of a consultative body.” And he does not consider himself to be an “economic czar.” His biggest achievement is giving much awaited impetus to agriculture, education & health sectors in the 11th Five-Year-Plan (proposing to raise allocations by almost 75% of the total expenditure as compared to 55% during the 10th Plan).
He is Manmohan’s man in the Planning Commission. But he is there because he deserves it. Needless to mention that Montek has stood up to the challenge over the past few years to provide direction to the Planning Commission in the era of ‘LPG’ (liberalisation, privatisation & globalisation). He has undoubtedly introduced fresh management techniques in the commission, because he firmly believes that it is “more of a consultative body.” And he does not consider himself to be an “economic czar.” His biggest achievement is giving much awaited impetus to agriculture, education & health sectors in the 11th Five-Year-Plan (proposing to raise allocations by almost 75% of the total expenditure as compared to 55% during the 10th Plan).
Source : IIPM Editorial, 2012. An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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