DSC_4107.JPG

India Uninc, authored by noted economist Prof R Vaidyanathan, was released by former Deputy Prime Minister L K Advani, former Union Minister Dr Subramanian Swamy and Ajit Doval, Director, VIF at a function at the Foundation’s auditorium on February 14, 2013.

Speaking on the occasion, Prof Vaidyanathan lamented that the so-called unorganized sector in the country which accounted for 40-50% of the country’s income was being treated as a residual sector. He listed regulations and non-availability of credit among the factors hindering the growth of this sector.

In his address, Dr Swamy blamed lack of infrastructure, multi-tier Governmental hierarchy and corruption among other factors for hindering the growth of the Indian industry vis a vis its Chinese counterparts.

Advani held the last ten years of misgovernance by the UPA responsible for the all time low witnessed in all aspects of national life while Ajit Doval praised Prof Vaidyanathan for highlighting the hitherto neglected aspect of Indian economy in his book.