In a recent tweet, Anil Agarwal, the chairman of Vedanta group commended an article by co-chiefs of the Department of Government Efficiency (DOGE), Vivek Ramaswamy and Elon Musk published in the Wall Street Journal.
Agarwal admitted having followed with interest what the new department (DOGE) would do in the United States. The chairman remarked, “A lean, purposeful government can be a big enabler of economic success.”
He elaborated on his learnings in two points.
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That laws by themselves are usually less intrusive than the rules and regulations framed for their implementation.
And 2. Procurement is an area where big savings can happen with better contracting. This is a lesson for all organizations, even private.
Vivek and Elon, the Co-Chiefs of DOGE
In the WSJ article, Vivek and Elon clarified that they are entrepreneurs and not politicians and therefore will not work as government officials and would not cut ribbons.
"We are entrepreneurs, not politicians. We will serve as outside volunteers, not federal officials or employees. Unlike government commissions or advisory committees, we won’t just write reports or cut ribbons. We’ll cut costs," they wrote.
“If federal employees don’t want to show up, American taxpayers shouldn’t pay them for the Covid-era privilege of staying home,” the entrepreneurs wrote.
Incidentally, Elon Musk has promised to eliminate $2 trillion from the annual United States budget reasoning the government needs only 99 agencies.
“Employees whose positions are eliminated deserve to be treated with respect,” Musk and Ramaswamy mentioned, adding that the efficiency department would “help support their transition into the private sector.”
“The president can use existing laws to give them incentives for early retirement and to make voluntary severance payments to facilitate a graceful exit,” they have written.
In his post, the Vedanta Chairman remarked, “Musk and Ramaswamy are creative and innovative people.” He added, “Let's see what other insights they give in the months ahead which may be even more useful for emerging economies than the US.”
Notably, the DOGE has a directive to finish their task by July 4, 2026. [Source: The Wall Street Journal]
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DOGE is assembling a lean team of small-government crusaders working for three kinds of reform: regulatory rescissions, administrative reductions, and cost savings.
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The team will take action based on existing legislation rather than passing new laws.
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They will make a list of regulations to President Donald Trump they believe are unnecessary who would use his executive power to pause those.
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DOGE would make work from the office mandatory for government workers five days a week which would automatically do away with a lot of employees.
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The team will shift some departments outside Washington.
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