Saturday, October 13, 2007

Destiny for India

Another major factor in favour of India is that as a nation we are a country of Young people with average age as of today being 23.7 Years. This is a huge opportunity and the destiny is on our side. The Business Community has a huge role to play and capitalize on the opportunity. The Corporates should help in creation of Schools and Colleges in far off Places and where they are making investments. We are not China or Pakistan. Our biggest asset is democrcy and for the Businesses this is a long term investment. They have to invest not only in plants but to educate and train people. What is happening in Nandigram and in other places, where corporate investment is being opposed is due to the lack of respect of local people and their inspirations. Until there is a real improvement in the life of the common man, he would not be interested in stock markets and big figures. There will be opposition to things like land acquisition. The Colleges and Schools created by Corporates should teach practical courses which meet the need of the industry and not the run of mill courses like BA and B Com. This is the only way to create intelligent people free from division based on caste creed and religion. When people have place to stay, food to eat and clothes to wear, they will not fight. This is in fact a basic concept of human survival

The concept of SEZ is flawed. The Govt should mould policies to direct investments in places where there is arid land available for use and not in places where agricultral land is available. It should give huge concessions in tax and other duties for plants locateat such places. There are huge strch of land available in states like rajasthan, MP and places like Marathawada and Vidharbh in Maharastra. The infrastructure should be put in place at such locations. The stress should be on mega projects and huge sizes.

The Government should get out of all sorts of Business Enterprises. It should allow pvate participation in all Business. There should be competition. What has happened in the telecom and the insurance sector is a clear testimony to this. Service levels in the banking sector have improved. The tide should flow freely. The service level of MTNL in Bombay has improved a lot after private sector has come in the city.

The destiny is blessing us. It is for us to work towards that. We have a glorious history, there is no denying that, but the present for the country is not gold. So as Shri Krishna told Arjun to do Karma, we must also make effort to turn the Country towards the destiny

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