Friday, February 22, 2008

Is bureaucracy a hindrance to economic reforms in India?(IIMC)

For:
* As the laws have not changed significantly, bureaucrats still play a major role in the process of a business.
* The way to successfully implement the reforms is to reduce the amount of paperwork and red tape involved.
Against:
* Bureaucracy is a necessity no doubt, to have control over the activities of the private sector.
* Rules and regulations that are laid down have to be implemented and the masses have to be looked after which is not possible without the help of bureaucrats.
* As a company requires people to run the business, government also requires bureaucrats to run its affairs.

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