Word: raj
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...more to the Congress Party socialists who ruled India for a half-century, J.R.D. Tata, a distant cousin of Ratan Tata, emphasized individual companies over the group, keeping the conglomerate's stakes small and demanding little coordination. Meanwhile, shielded from competition by the restrictive bureaucracy of the "license Raj," Tata's companies became bloated and calcified. "We weren't driving ourselves hard enough in a protected environment," says Ratan Tata. Ratan took over from J.R.D. in 1991. India was beginning economic reforms, and with state-sponsored monopolies on the way out, the new chairman saw the need to overhaul...
...RAJ PETER BHAKTA, former contestant on The Apprentice and Republican candidate for Congress from Pennsylvania, who paraded an elephant and a mariachi band through the Rio Grande along the Texas-Mexico frontier to make a statement about lax border control...
...that the booming media in the world's largest democracy bringing brand awareness, plus the reduction of once punitive import taxes, and India starts looking like a gold mine?except for its labyrinthine bureaucracy, which can be as time consuming as it was in the days of the Raj...
...more to the Congress Party socialists who ruled India for half a century, J.R.D. Tata, a distant cousin of Ratan Tata, emphasized individual companies over the group, keeping the conglomerate's stakes small and demanding little coordination. Meanwhile, shielded from competition by the restrictive bureaucracy of the "license Raj," Tata's companies became bloated and calcified. "We weren't driving ourselves hard enough in a protected environment," says Ratan Tata...
...redeem the ICS, and the portrait that emerges in his book is of a bureaucracy that was as efficient, fair-minded and honest as its reputation suggests. This is probably an exaggeration. Gilmour does not gloss over the famines that ravaged India repeatedly during the British Raj, killing millions; yet he calls them failures of policymakers at the top, and seems too eager to exculpate the ICS men who were in charge of arranging relief for the stricken districts. Some of them clearly failed to do their jobs properly. But while the ICS may not have been quite as brilliant...