Unlike other flagship programmes, which have been left with unpronounceable acronyms, like MGNREGA and JNNURM, Bharat Nirman struck a popular chord.

Unlike China's growth story, which has been built on the strategy of creating excess supply, the Indian growth story has been built on the strategy of responding to incentives generated by excess demand. Which is why a certain degree of inflation is built into the Indian growth process.

Ups and downs are par for the course and very much a feature of the Indian growth process.

Sanjaya Baru Quotes