Making a living on the street
Image source: The Economic Times

Contrary to the general perception that the rich, empowered by exploitative pro-liberalisation policies, squeeze the poor, the findings in the book adduce the fact that the poor remain poor because there has been no LPG in the areas that affect their livelihood. Their world is still dominated by the forces of extortion, arbitrariness and uncertainty brought about by restrictions on their economic life—the ubiquitous licence-permit-quota raj. It is the abolition of LPQ (Licences, Permits and Quotas) that has opened up the world for the richer sections of the country. The poor deserve no less.

Economic freedom is more valuable for those at the bottom rung of the economic ladder. Nobody appreciates free enterprise—the absence of government regulations and controls—more than the poor unlicensed hawker. The rich can always find a way around government controls, the poor have no way out. Empower the poor with economic freedom.

This is an excerpt from the book ‘Law, Liberty and Livelihood: Making A Living On The Street’, that highlights the regulatory abyss that the bottom of the pyramid livelihoods operate under.

Access the full book here.

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Parth Shah
Parth Shah

Parth J. Shah is Founder President of Centre for Civil Society, a think tank that promotes choice and accountability across public and private sectors. Parth’s research and advocacy work focuses on the themes of economic freedom, choice and competition in education, property rights approach to the environment and new public management. He is a member of the education task-force of the governments of Delhi and Karnataka, and serves on the Senate of the Central University of Himachal Pradesh and Tamil Nadu. He recently edited Liberalism in India.

Naveen Mandava
Naveen Mandava

Naveen is Co-Founder at XamCheck, an organization that partners with schools, supporting them in processes they follow, with learning materials and processes that are all crafted to work together as an interconnected system to drive learning. He is a Doctoral Fellow from RAND Graduate School in Santa Monica, United States of America. He has worked extensively on assessment based decision support for governments, non-profit organizations and schools chains in India and the USA for over 10 years. He has been a Lead Consultant with the World Bank’s Innovations for Poverty Action Consortium, a Policy Analyst with RAND Corporation and a Research Manager at Centre for Civil Society.