Mitra is the founder and director of the Liberty Institute, which hopes to be India's equivalent of the United States' libertarian Cato Institute and has recently received a grant from an American foundation to launch a Web initiative promoting "Ayn Rand in India." He has been a Rand devotee since the early 1980s and even met his wife through a Rand discussion group.
To Mitra, Rand offers a blueprint for India to develop as a democratic and capitalist society at the same time. He hopes that Rand and her libertarian doctrines can enable India to provide a counterexample to the so-called "Asian model" of economic development, which holds that a certain level of authoritarian government and stifled liberty is a prerequisite for a surging economy. If India can achieve double-digit growth while remaining democratic, Mitra thinks, it could become a model for the rest of the world. Rand's philosophy, Mitra says, can help Indians "moor ourselves to fundamental economic and moral principles."