Engines of Growth & Development By Dr T.H. CHOWDARY Director: Center for Telecom Management and Studies Chairman: Pragna Bharati (intellect India ) Former: Chairman & Managing Director Videsh Sanchar Nigam Limited & Information Technology Advisor, Government of Andhra Pradesh T: +91(40) 6667-1191/ 2784-6137(O) 2784-3121® F: +91 (40) 6667-1111, 2789-6103 [email protected][email protected]Talk @ Osmania University, Hyderabad : 16 April 2008
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Engines of Growth & Development By Dr T.H. CHOWDARY Director: Center for Telecom Management and Studies Chairman: Pragna Bharati (intellect India ) Former:
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Engines of Growth & Development
By
Dr T.H. CHOWDARY Director: Center for Telecom Management and Studies
Chairman: Pragna Bharati (intellect India )Former: Chairman & Managing Director
Videsh Sanchar Nigam Limited &Information Technology Advisor, Government of Andhra Pradesh
• Liberalisation, privatisation & competition (eg: telecoms/ air travel, personal finance, automobiles)
THC_CTMS S381_April'08 22
Post-USSR engines for Development (2)
• Flow of capital/enterprises
• PPP- projects
• Privatisation of Higher Education (Talent creating A P, TN, KN, MH) and now all stages of education.
• Competition between PSUs & privates
THC_CTMS S381_April'08 23
Affordability of Electronic Devices:Ratio of Price of Device to Per Capita Income
1951 1974 1994 2007
Radio 2.0 0.5 0.02 0.005
TV Set NA 1.9 1.2 0.37
Year’s Telephone Service
2.5 1.0 1.0 0.12
PC NA NA 6.0 0.75
THC_CTMS S381_April'08 24
What we should not do…
“You cannot bring about prosperity by discouraging thrift.You cannot strengthen the weak by weakening the strong.You cannot help the poor by destroying the rich.You cannot establish sound security on borrowed money.You cannot keep out trouble by spending more than you
earn.You cannot build character and courage
by taking away man’s initiative and independence.You cannot help men permanently by doing for themWhat they could do for themselves.”
- Abraham Lincoln(Source: Freedom First, May 1989)