Bestselling author Gurcharan Das is a former CEO of Procter & Gamble India. He was VP & MD, P&G Worldwide, when he took early retirement in 1995 to become a full-time writer. Das graduated with honors from Harvard University in Philosophy and Politics. He later attended Harvard Business School (AMP), where he is featured in three case studies. LESS … MORE
Prime Minister Narendra Modi stunned the nation on November 19 when he revoked three farm laws that had led to sustained protests during the past year. A government at the zenith of power, with a strong majority, had listened to the people. It was a victory for India’s democracy. But it was a defeat for the farmer, crushing his hopes of freedom from trader cartels, state functionaries and a peasant’s life.
How does one reconcile a victory for democracy with the defeat of the economy? What does this mean for the future of reforms? There are seven sobering lessons from this fiasco. Together, they form a toolkit for the future reformer.
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Views expressed above are the author’s own.