RE: Prof. Roy's work on state finances

["Asher, Mukul Govindji" <ecsasher@nus.edu.sg>]

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Dear Mr. Sabhlok

Dr. Roy's efforts really appear to be extremely constructive with potential
for high-pay-off in terms of good policies.

One topic which you might consider in your presentation is civil service
pension reform. In particular, whether the current arrangements are fiscally
sustainable, and if not how one can  device the necessary reform path.

In my view, without such reform fiscal consolidation will be very difficult.

Mukul Asher

 -----Original Message-----
From: 	Dr. Sanjeev Sabhlok [mailto:sanjeev@sabhlokcity.com]
Sent:	Thursday, May 11, 2000 11:39 AM
To:	deb.ate@indiapolicy.org
Subject:	Prof. Roy's work on state finances

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Just thought I'd share with everyone.

a) Prof. Subroto Roy is going great guns. His work on re-writing the State
finances in commercial methodology (which he began during his stint in the
World Bank many years ago) has been acccepted by Bimal Jalan, RBI governor,
and Secretaries of Finance of all the States of India were invited by RBI
to listen to Prof.Roy on 29th April at Delhi.

Some states including Meghalaya have shown interest in following his
methods. If implemented, the common citizen will understand the state of
affairs of a State's finances much better than ever before.

I'd request Prof. Roy to feel free to share some of the salient features of
his methods with us on IPI. We'll all benefit from this. He is clearly
emerging as one of India's major economists and the academic don of Indian
liberals. I repeat my request to him to send us the memos he submitted to
Rajiv Gandhi in early 90s. Hiding this material from greater exposure is
doing injustice to his excellent work (which I have read during my visit to
IIT KGP).

b) In the meanwhile, I will try to persuade IAS officer trainees to
subscribe to this list on my visit to LBS Academy in end-May. These young
officers will then be able to participate and share their concerns and
views, as well as clarify their doubts, over this list. Mathur, their
Course Director, feels that IPI can serve a socially useful purpose.
Nothing like a larger discussion to clear one's mind and to help provide
better governance, transparency and quality of service to the people of
India.

I'd also like to invite the many (more than 10) mostly silent civil
servants on this list to suggest to me what I should speak on during my
forthcoming trip to LBS, based on their vast and diversified experience,
spanning many continents in some cases.

Consider this a round table across the globe. I propose to talk in 10-15
minute snippets on various topics of interest.

SS


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This is the National Debate on System Reform.       debate@indiapolicy.org
Rules, Procedures, Archives:            ../debate/
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