The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Subbarao: Broken Incentive Structure Is the Biggest Problem in the IAS
“In my view, the biggest problem in the IIS is, A wrong system of, ah, rewards and penalties. There is not enough reward for good performance. There is not enough penalty for bad performance. And that system of rewards and penalties has to be reformed.”
Subbarao: State Tax Revenue Growth Does Not Correlate With CM Work Hours
“Buoyance in commercial taxes is not correlated with how hard the chief minister works.”
Subbarao: Borrowing for Populist Schemes Harms Fiscal Stability
“Government must, when it borrows, it must be sure that it is able to repay by using that money in a way that generates an income stream. On the other hand, if you borrow money and spend it on a populist scheme, Then that is used for what economists call curren…”
Subbarao: Multiple IAS Attempts Select for Exam Technique Over Competence
“What happens when you give so many attempts is that the people who typically qualify, I'm making a, you know, ballpark judgment, which is that those people who qualify are more likely people who master the technique of the examination rather than people who ha…”
Subbarao: UPSC Should Cap Civil Service Exam Attempts at Three
“So I think you must give more than one chance, certainly, because there's an element of luck, but two chances, at the most three chances. But giving three, six opportunities under a long lifespan of 20 to 32 years is pushing youngsters into this sunk cost fall…”
Subbarao: Prime Ministers Have Limited Flexibility for Ad-Hoc State Funding
“Prime ministers have limited flexibility, if at all, about giving ad-hoc money to states.”
Subbarao: Lengthy Prosecutions Make the Legal Process the Punishment for Officials
“When I say process is the punishment, I'm talking more about Criminal prosecution, especially of civil servants and politicians who are who come into a legal process because of some decisions taken by them, and they have to fight them much after they've left t…”
Subbarao: British District Administration Was Simpler Because It Lacked Developmental Goals
“During the colonial era, district administration was much simpler. There was no development dimension to it, just two functions, collecting taxes that we talked about earlier, and maintaining law and order. And they took that quite seriously. And they built sy…”
Subbarao: Chandrababu Naidu Recognized IT Potential Much Earlier Than Peers
“Yes, that is true that Hyderabad, Mr. Chandra Babanadi, our Chief Minister, saw the potential of information technology, business education, much before most other political leaders, indeed even most other civil servants saw it.”
Subbarao: Banning Informal Moneylenders Fails Without Providing Alternative Credit Sources
“So I realized in my young days that youthful enthusiasm will not do. You've got to understand the problem. You just cannot say that I'll remove money lenders. You've got to ensure that there's an alternate source of revenue for them, a loan for them. You've go…”
Subbarao: British Gazetteers Remained Best Administrative Sources Even in the 1970s
“What I realized, what the gazetteer prepared during the British administration was, in fact, still remained in the early, mid-nineteen seventies, still the best source of information at one place of the subdivision.”