HomeNewsBusinessStartupPoor governance and corruption preventing startup magnet Bengaluru from achieving its full potential: TV Mohandas Pai

Poor governance and corruption preventing startup magnet Bengaluru from achieving its full potential: TV Mohandas Pai

Bengaluru needs 5 corporations, each to be governed by a separate mayor, he says

August 20, 2022 / 13:39 IST
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TV Mohandas Pai
TV Mohandas Pai

Poor infrastructure has been Bengaluru’s bane for many years now, with little being done to enhance the quality of life. While many other Indian cities also have critical infra woes, gridlocked Bengaluru’s unpredictable and snail-paced traffic can have a crippling effect not just on productivity but also on one’s health. Despite all the troubles, its position as the country’s startup capital is still unrivalled, thanks to its appetite for innovation. Leading venture capitalist TV Mohandas Pai, who has been a long-time critic of Bengaluru’s infrastructure issues, believes the time has come for the city to be governed by 5 mayors, not one.

Excerpts from an interview:

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Bengaluru’s population is now at 1.3 crore, growing at over 3% annually. However, infrastructure development in the city has not kept pace, with the number of private vehicles doubling to 10 million in a decade. The result is that Bengaluru, despite its status as a start-up magnet, has become a difficult city to live in.

Bengaluru’s biggest issue is the lack of adequate governance. Every city should have a proper governance mechanism where citizens can interact with representatives to make sure the quality of life goes up. That’s how cities have come up globally. In India, we have a three-tier governance system that involves the state, city and the panchayat. While governance of the state and panchayat has improved, the same in cities has fallen short.