Economic goals cannot disavow Constitutional vision: Anand Teltumbde writes from prison
Anand Teltumbde  https://caravanmagazine.in/economy/anand-teltumbde-writes-from-prison-economy-cannot-divorce-constitution

The most important factor, however, is not efficiency but effectiveness—a term conspicuous by its absence in this debate. Even in conventional business management, efficiency is not singularly valorised, without its conjoint parameter effectiveness, which is a measure of fulfilment of the enterprise’s goal. The enterprise that makes money in short term but falters on its strategic directions is no good. Likewise, the economy that makes huge leaps in its GDP, may not be good if it fails to provide basic liberties and amenities—health, education and livelihood securities—to its citizens.

Hypothetically, if we hand over the economy to a corporate entity of some repute, to maximise GDP, it would likely take it to unimagined levels. But would this serve our purpose as a nation?

The goal of the economy cannot be divorced from the Constitutional vision as spelt out in its preamble and articles, and most importantly, in the directive principles of state policy. These command the state to “strive to promote the welfare of the people by securing and protecting as effectively as it may a social order in which justice, social, economic and political, shall inform all the institutions of the national life.” This social order is based on liberty, equality and fraternity and justice, as Babasaheb BR Ambedkar explicated in the Preamble.

Hamara Samvidhan Series in the Wire

https://www.youtube.com/watch?v=aK_bNKigyk4&list=PLzia1qLN9v2CvSqPUWQ_0RsNsCsF_he-e