You mean private sector till now is managed by talented people? Who can believe this crap when one finds that hardly a single company in India is world class and hardly any Indian product is world class. Even after 60 years of Independence, private sector has not been able to register its presence anywhere. Let vast majority of people of Indai, that is SC/ST/OBC get a chance to participate in the running of private sector. I am sure India then will become an economically developed country. You can not develop Inda by forcing its majority of people to live a live of second class citizens.