The silence of businesses on public policy

There has been a distinct lack of public-facing thought leadership from India’s largest businesses. They need to do more.

In the lead-up to Independence in 1947, the giants of Indian industry put forward a proposal, colloquially referred to as the Bombay Plan, which laid out their collective vision of India’s economy: sectoral economic goals, roles of the private sector and the state, priority areas for government investment, growth targets for household incomes and industries, and much more. Not only was the Bombay Plan an economic vision for India, but it also held forth on many larger organizing principles: the relationship between capitalism and democracy, the importance of state coordination and funding of economy-wide investments, the importance of an …


Rohit Chandra

Rohit Chandra is an assistant professor at IIT Delhi’s School of Public Policy and also a visiting fellow at the Centre for Policy Research. Primarily a political scientist and economic historian, his academic work spans the areas of energy policy, state capitalism and infrastructure finance; he has spent the last decade studying the coal and power sectors.