Saturday, August 4, 2012

Expand Indian Economic Service


Bikash Choudhury


Manmohan Singh would go down on the contemporary political history book as the coolest & media shy Prime Minister; and, only one not having to win an election. But, if he wishes to be remembered by his fraternity, that is student, teachers and professional economist; then, he could expand the present ‘Indian Economic Service’ to serve a very important National purpose by deploying them in District Rural Development Agency and in our foreign missions.
DRDA as an institution created long a go has not solved its purpose of developing our rural areas. With growing population each district on an average now have 25 lakh people and consequently 5 lakh house holds with ever depleting resources per capita. To change the face of our rural areas we need to “micro manage the macro economy of a district” to get better return on investment in comparison to present out put, apart from growing the National economy much faster; as the sum of parts would be greater than the whole. For this we may need competent economic managers as the head of DRDA; therefore, Indian Economic Service can be expanded to staff all 500 plus districts and over 100 of foreign mission where country would need specialized services of trained economist in a globalized world to maximize the wealth of Nation.



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