Indian bureaucrats are no Steve Jobs

posted by
October 20, 2011
Cato Institute
by Swaminathan S. Anklesaria Aiyar  
Posted in Commentary

"The Indian government has launched an ultra-cheap tablet called Aakash (meaning sky) to be sold to secondary school students for just $35. ... But hold the champagne. India has launched several ultra-cheap initiatives like the Tata Group's Nano car that sells for under $3,000, yet that doesn't mean every one of them will succeed. It's especially risky if the government picks winners and losers, as in Aakash's case." (10/18/11)  

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