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Bill Gates speaks on what India does right - YouTube
Channel: American Enterprise Institute
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We've been doing a lot we've had a lot of
interactions with dignitaries from India,
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we just had the Dalai Lama here a couple of
weeks ago. And we're going to have Sri Sri
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Ravi Shankar who is a very prominent guru
who has many many millions of followers here.
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And we're talking about Indian issues, in
particular of late. Sanadand Dhume is our
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resident scholar in Indian studies and he
has a question about that country. Thank you
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very much. I have a broad question about India.
When you look at your engagement with the
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country, what do you think it's done well,
and where do you think it needs to do the
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most work? Well India has a lot of very socialistic
policies, having to do with labor, and land.
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The fact that it has not risen as a manufacturing
power is an indictment of its government policies.
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That is as China's incomes went up, the place
that the world should have moved to next as
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the manufacturing hub of the world absolutely
should be India. And that's only happening
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to a very very tiny extent. And it has to
do with regulatory complexities, infrastructure
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quality. Now, I'm optimistic about India.
We put more into India than any country in
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the world. India benefits from a funny form
of competition, which is competition between
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the states. And so when one state really gets
its act together, the other states tend to
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feel jealous. And they you know are kind of
looking at what policies led to that. The
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states in the north that were particularly
focused lagged in every human development
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numbers, as well as income. But the improvements,
and we have a big partnership with Ni'Dish
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Khamar's Chief minister in Behar. The new
chief minister in Bhutar Kadesh, decided that
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these health things that we care about he'd
get very involved with. And so we're seeing
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a very fast rate of improvement there. Vaccination
coverage, and we've got polio, the last polio
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case there was three years ago. Which is an
amazing triumph. We've taken the polio quality
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audit group, and we've turned it into a primary
health care audit group that's looking at
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where do workers not show up. Where does supply
chain not work, why don't people go, uh. India's
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health is very complicated because they have
a lot of these, a private sector that's very
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low quality. And the government hasn't figured
out how to get the private sector to be high
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quality. And yet they haven't built the capacity
in the public sector. But, things, time is,
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um, on our side in India. It's just frustrating,
you know they haven't adopted a few new vaccines.
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That between, there's two new vaccines that
will save over four hundred thousand lives
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per year in just India alone. And they're
being quite slow on that, that issue. India's
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great. And in fifteen years, we'll probably
be out of India because its budget will get
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bigger, and they'll allocate more of it to
health. What were the delays in permitting,
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and what owes to that? I suppose the viruses
didn't unionize there. The suspicion of...the
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bureaucrats really like the status quo. The
way the (unclear) system works, you're much better
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off not to change things. So getting somebody
to say yes, we'd like to spend more money
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on a new vaccine, knowing that there's a crowd
that going to come in and attack that. There's
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a little bit of conservatism. And there's
an election coming up, hopefully ...as you
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get close to an election, you get particular
paralysis in a bureaucracy. Post the election,
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there's a lot of optimism that things will,
both in terms of deregulation and taking on
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new health initiatives that things will be
even more aggressive.
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