In today’s Business Standard, Pranab Bardhan in his article “India — A case of bad governance“, makes a number of very important points.

This morning I was reminded of the words of a song “Impossible Dream”. The song goes thus:

Lee Iacocca is 82 years old. The fire in his belly is undiminished, however. I have only read an excerpt from his book “Where Have All the Leaders Gone?” But that excerpt resonates with me. He talks about the failure of leadership in America. He lists what he calls the “Nine C’s of Leadership” and indicts George W Bush on each of those counts. The C’s are: Curiosity, Creative, Communicate, Character, Courage, Conviction, Charisma, Competent and Common Sense.
Iacocca says it like he sees it. His rant — and that first …