Mixed Economy – Dream of Nehru

Another dream of Nehru was Mixed Economy. With such system, he imagined an equilibrium and competitive development of Government’s industries along with private industries. In fact, it was a capable and perfect concept. I explain it to you in detail. Take example of any product say some XYZ. When only the Govt. is manufacturing that product, it can’t meet the total demand in market. That to, if only Govt. is manufacturing the goods, then that won’t be mixed economy and that will be socialism like in USSR i.e. former to present Russia.

When only the private Companies are manufacturing the goods, they can create artificial deficiency, Monopoly, or exploitation in the market. That is, if only private Companies are manufacturing the goods, then that won’t be mixed economy and that will be capitalism like in America. After studying disadvantage of both the socialism and the capitalism, by taking the advantages of both and by considering the other features of ancient and modern times, Nehru wanted to implement mixed economy. Instead of monopoly of either Govt., manufacturing i.e. socialism or private manufacturing i.e. capitalism, if both are existing in the market and competiting with each other, then there would be the right development with all parameters.

When the Govt. manufactured goods are available cheep and best prices with good qualities people prefer to purchase them only. Unalternatively private manufacturers also should give their products with the competitive price and quality. By the way it can be controlled the drawing of unlimited profits of private Companies. By the way, people can enjoy quality goods with reliable rates. There won’t be any possibility of exploitation.

To implement this concept of economy, Allwyn Refrigerator manufacturing Company, HMT watches manufacturing Company etc were established with private and Govt. partnerships. Some industries were established only by Govt. as well private people established the same types of industries.

As per theory, they should get success and the mixed economy should get success. But in practical, it was failed. That was the result of spying work of coup makers i.e. Mr. Ramoji Rao [or other Sr. media men], CIA and ISI and their supporters like Corporate Companies and so-called famed intellectuals, columnist, journalists etc. In fact, the coup makers only made these intellectuals, columnist and journalists to fame. I’ll explain it in detail. First, I project the analysis presented by them to convince the world as the failure of mixed economy was natural. To do this convinces, they argued, “Mixed economy is a dream. It is not practical. It is not suitable for these days. Because the time is changed from ancient, so that attitude of public also changed. No such idealistic views in the public and so on … నల్లమేక - నలుగురు దొంగలు i.e. BLACK GOAT AND FOUR THIEVES.”

This was the theoretical answer to the theory of mixed economy. In practical, the coup makers and their supporters had made it to fail by influencing the employees in Govt. manufacturing Companies with redtapisam and corruption. With such strategy, they reduced the production in Govt. manufacturing Companies. Always there were disputes among the management staff regarding promotions and commissions. Always there were disputes among the labor working staff and Employees Unions including the labor union leaders. Some of the labor union leaders became political leaders in due course of time. Always there were quarrels among the management and labor unions. Always there were strikes, lockouts and court cases. The courts also worked to increase the density of these disputes at their level best, with their long delay in delivering justice and with their own legal redtapistic ways.

You can recall the memory of Singareni calories, IDPL, RTC etc strikes of those days. If a bucket had number of holes, nobody can fill it with water. There was same case happened to the Govt. manufacturing Companies. As a result, some of Govt. Companies like ALLWYN etc had closed down. Like that, the strategy of coup makers and their supporters got success.

Up to the last decade of previous century, there were terrible strikes in Singareni calories. What happened we don’t know but now it is getting profits. This is a thing of happiness. Regarding RTC, the employees of RTC like drivers and conductors used to not give proper service to people up to 1992. There were so many jokes and cartoons published regarding the stopping of RTC bus in the prescribed bus stops and regarding the change giving by the conductor to the passengers.

But now after introducing 7-seated autos, taxicabs as alternative on the roads, after threatening of privatize of RTC, and after introducing the private tour operators in the market, now we are experiencing the decent service from RTC. Is it not true? How these disciplines come in the employees of RTC to save their organization? Once upon a time, the drivers and conductors didn’t concern about the passengers, about the profit and business of RTC. Now they are shouting like private employees to attract passengers to increase the occupancy ratio in the RTC buses. How this change got into them? is it not the result of mixed economy as the entry of competitive travelling modes in private sector?

In such case how to understand the failure of mixed economy in India in previous time i.e. in between 1960 to 1992?

One more example I give you. It is regarding telephone service in India. Before the entry of private phone & cell Companies, the entire market was ruled only by BSNL. In those days, the telephone service was worst in India. These were so many jokes and cartoons on the telephones. We had to wait to get telephone connection for years in the waiting list. That to no quality service. We used to hear that the other country people were making jokes and critics on the waiting time in India to have a telephone connection. We used to get humiliation when we heard such critics of other countries regarding the roads and other infrastructure in India. Miraculary, after the entry of private phone Companies in India, BSNL became more competitive and so that private phone Companies are giving phone connections including cell, land and internet with jet speed and by boat rate i.e. cheap charges. It is our practical experience to enjoy the phone service. Now a shepherd man also is enjoying the service of all phones.

With this background, imagine why the mixed economy had felled in between 1960 to 1992 and how the mixed economy is giving successful fruits now.

So that we can understand that the failure is not in the concept of mixed economy and that the failure is only in implementation. I read that this is the result of liberalization in Economic field. Because I don’t know about economics as it is not my subject, I know this much only. But what I projected to you is the truth and I hope you to justify it.

Another dream of Jawaharlal Nehru was regarding the co-operative organizations. He dreamed to develop the villages in India with the co-operative societies. People should become members in these societies. By saving little amounts from their side and by getting reliable amounts of loans from Banks, the villagers should get investments to lead their activities. Co-operative Banks should give co-operation to these ventures. Such that people get development by depending upon themselves only.

This is the theoretical concept of co-operative system. But failed in practical in between 1960 to 1992. But now the same concept on the name of Dwakra got successes and we are enjoying the Dwakra products such as pickles, praims and red chilly powders etc. Happily, we are enjoying the eatables from Dwakra units without the fear of Corporate pollutions and chemical pollutions. How it happened I don’t know, but it is true that the co-operative system is not worthless. The failure is not in its theoretical concept, but it was made to fail in practical i.e. in implementation. That was the strategy, coup played by coup makers i.e. Ramoji Rao, CIA and ISI, and the coup supporters like Corporate Companies.