current political situation of india and its impact on business?
409063
gud one...lemme go in detail.\nPolitical Situation..its bleak in coming future as CPM is going to be more strong after they win.\nAnd then what cud be there...THE RESERVATIONS IN PRIVATE JOBS and not to forget THE MANDAL BHOOT is still there for reservations upto 49.5%\nThen comes other factors...external factors are also not encoraging think of OIL at 75$ or turmoil In Nepal or hardening interst rates or drying of liquidity or slowing Q4 results from corporates..all signal of a slow down.\n\nWell ...watch out for Monsoons..they will play a major role..never go on indian metrological predictions...they are useless.
976393
here is a report on SEZ special economic zones \nthis ll give u a brief idea\nThe centre’s move has hit the Indore SEZ, the first operational SEZ in the country. The fear is that, in the absence of pragmatism on labour issues, companies in the SEZs will never be able to compete in the international markets. “The new SEZ law is unlikely to address this critical issue of labour flexibility,” says a Morgan Stanley report. “A restrictive labour law environment has been one of the major hurdles to the development of the Indian manufacturing sector.”\n\nIt is worth noting in this context that the Left parties are taking their cues not from their counterparts in China but from the trade unions in the West. The latter have their own agenda, principally the protection of the jobs of their constituents.\n\nIs there anything to be said for the other side ? the argument that India does not have a social security system and, thus, jobs have to be protected? There is some logic on the face of it. But the protection is being granted to a minor fraction of the population ? the organised sector workforce. In welfare societies, it applies to the entire population.\n\nSo is the SEZ bill going to lead to a huge jump in foreign direct investment, exports and growth? Not in the short term. Though trade unions have been somewhat defanged these days, they can still act as roadblocks. “We are getting to where we want to go,” says an economist. “But at the Hindu rate of growth. That, thankfully, is no longer 4 per cent, but half of what we can easily achieve.”
385072
Liberalisation will certainly increase, but whether the conditions improve in the long run is, in my opinion, a big uncertainty.\nYou have to remember we are in a global arena, and India, like all other countries will have to compete, improve productivity, redistribute wealth, and improve education to name a few facors, before we can be certain abot the outcome.
17054
It's simple -- big business interests have considerable influence on politicians. Big business wants cheap labor, and gets it, while the government still gets to appear tough on immigration by harrassing the individual immigrants.\n\nEven if the gov't begins prosecuting employers, I be the ones hit will be mostly small businesses (e.g. restaurants), and not large agricultural/construction companies.
1051637
India Inc. on Tuesday lauded Finance Minister P Chidambaram for his measures to bring in fiscal discipline and cut deficit but had a mixed view on new tax proposals burdening the capital market.\n\n\n"The industry will be happy as there are no major negatives. It has cut down customs duty and has covered lot of industries as well," CII chief mentor Tarun Das said.\n\n\nJ M Morgan Stanley Chairman Nimesh Kampani termed the budget as a good development on fiscal side.\n\n\n"I think the Minister has done a great job in fiscal deficit, which will be 3.8 per cent of GDP in 2006-07," Kampani said.\n\n\n\nKotak Mahindra Bank Vice-Chairman Uday Kotak also welcomed the budget saying it was a positive budget at micro level and was good for long-term investors.\n\n\nHowever, Ruchir Sharma of Morgan Stanley said it was an "innocuous budget" and there were no policy initiatives to take the market to higher levels.\n\n\n"The market hoped for much more than just reforms. Even Prime Minister Manmohan Singh had talked about out of the box thinking," Sharma said.\n\n\nFor Joint Managing Director of DSP Merrill Lynch Amit Chandra the Budget was an indicator of development. \n\n\nHe said, "For me the most important striking feature of the Budget is that it's becoming a non-event and that is a sign that the economy is rapidly moving from developing to developed. The fact that we have a very stable tax regime speaks well for investment and for the industry."\n\n\nMeanwhile, Director of ENAM Financial Consultants, Vallabh Bhansali said, "My view is that except for oil sector, where there is the big subsidy bill, most of the things were on the expected lines." \n\n\nOverall, India Inc has reacted positively to the Union Budget and Mahindra Bank Vice-Chairman Uday Kotak said, "Significant spending in Bharat Nirman and Rural India will boost demand in those areas. Clearly, a very positive step towards creating a long-term platform, where India is a stable country from a macro point of view. That is very positive."
581182
Calcutta India news:\nhttp://www.enewsreference.com/news/india.htm
262525
here is a decent summary of what happened with british rule:\nhttp://en.wikipedia.org/wiki/British_India\n\nand here is an analysis of the impact:\nhttp://india_resource.tripod\n.com/colonial.html
572975
political leaders are killing democracy in India. it is dying a slow death. the parliament is bleeding. the way they introduce new changes and pass bills to amend the constitution shows how much respect they have for it. the amendments are made to meet their own ends ( office of profit issue). and the vote bank politics which has so brilliantly been displayed by the reservation quota being introduced. but then we are equally at fault because we are the ones who have elected them.
751831
Becasue politicians rule the country.\nAny business if it wants to survive in this world must have good relationship with the rulers and lawmakers.\nLawmakers make laws which have impact on the businesses of these large corporations. Corporations like Microsoft that are truely global gaints can be easily effected by new legislation.
171282
Looking at the global scenario, government will not able to implement it as foreign investors and industrialist in India will not support it. Also it will be very difficult to implement in practical. I feel its only a political issue and will die its own death after some time.
441304
well i am an indian living in us. I feel that people get frustarted because the jobs are being taken away in large numbers. There is a limit to export of jobs.
371132
Presume u r talking about impact of national policies on telecom industry growth?\nCheck out the growth of china/india etc as compared to high penetration markets like UK/USA. \nThe diff is that of national policies.
703836
I believe it is a political party in India.\n\nI really don't know a lot of that party.
99857
Margaret Thatcher once said that " The business of the Government is not business ( but Governance)". She was the chief architect of UK's turn around from a sluggish economy to the powerhouse it becae in ninties.\n\nThe Disinvestment process in India started in late eighties. However, given the general opposition by the Leftist political parties ( funnily all the while China was supporting hire & Fire policy) made the subsequent governments to tread cautiously. One of the Goverments even had a Minister for Disinvestment! Slowly a pattern emerged and the Government of India has chalked out a plan to disinvest , primarily the loss making PSUs( Public Sector Units or the Government owned enterprises).\n\nThe so called "navratna" companies would not be privatised. These companies are enormously profit raking ( primarily because of their bemoth structure with long standing monopolies). Then the industries which are of defence related would not be touched.
560913
India is the only country in the world that in the last 5 years have over come as one of the main manufacturing sources of all industries (all Industries!)... India have 2 important and key facts... very qualify human resources at a very low cost... They have converted their industries into a very high quality standards and this have of course make them grow very significantly... Yes they have improved....and keep on improving...
432735
coz of illetracy and large population bur be aware india is turning out to be a big hub for all the major companies in the world
23901
yes it is! best of luck!\neven if it is corruption, if you have the will and the tact, you can make a difference. as an IAS, you will be able to effect changes for the betterment of the people of India, even if the changes are in a subtle way. You can try influencing your BOSS who might be a minister.. but look at the present scenario.. with the media becoming fiery and many young conscientious leaders coming up, you can definitely do something for India and for yourself as well.