- Companies should encourage secondments or rotations between business and government
- Government salaries must be competitive with the private sector
- Government needs to compete with the private sector to attract and retain talent
New Delhi, India, 15 November 2010 - There was a time when public virtue was its own reward. Today, companies and governments need to restore the allure of politics and bring the best and brightest back into the realm of policy, panellists said on the second day of the World Economic Forum's India Economic Summit here.
India's political system is not unusual: its corridors of power have become crowded with special interests, dynastic politics and venal rent-seekers. "India seems to be accepting the principles of caste and dynasty," warned Arun Jaitley, the leader of the political opposition Bharatiya Janata Party in India's Parliament. "It's replacing meritocracy."