Nandan Nilekani is one of the icons of modern India. The company he founded with Narayana Murthy - Infosys - is one of the biggest global Indian brands today.
A couple of years ago Nandan surprised many people by taking up a position with the Indian Government - to implement a Universal ID for all Indians. Surprised because he was the first successful Indian businessman to take up a non-elected position with a view to implement a clearly defined program. Other businessmen have gotten into governance in the past - Vijay Mallya and Rahul Bajaj are notable examples who have done so by sneaking their way into the Rajya Sabha. They have made virtually no visible impact on policy, and have certainly not boosted their reputations through these stints.
Nandan is different - he did some stellar work on the UID project and has taken it to a point where it is ready to be rolled out.
That is why the recent announcement that Nandan has signed up to pilot an alternative to the subsidy regime of the Government of India made me sit up and take notice.
For the longest time our governments have been handcuffed by the socialistic agenda pursued by successive governments since we became independent. Subsidies on things like fertilizers, sugar, kerosene, petrol and many other big ticket items have been part of this sorry agenda. Sorry not because of the intent, but due to the stupid implementation. Racketeering, adulteration, corruption and many other side effects have resulted from these policies. Finally the government is talking sense - direct cash transfers to the people who need help, rather than market-distorting subsidies that are causing undesirable side effects. And they have chosen Nandan to pilot the implementation - I can't think of a better guy to do it.
All the best Nandan - kick some ass. Hopefully some other industry leaders will get their hands dirty with such initiatives to bring about the change we need to take our country to the next level.