Saturday, 8 December 2012

The silence of the Bollygarchs



The silence of the Bollygarchs
Western Media has, unfortunately, very little idea about the way business is conducted in India.
Without a deep patronage nurtured over the years from political parties, the likelihood of any business taking off in India is remote, even if it is a mom and pop shop; he still has to pay a fixed monthly bribe to the local politicians and administration.
1991 has become a ploy to state liberalisation. Where is it?
How many offices still one has to run around to get a business permit. Has ever Western Media tried to find out?
Just to set up a Power Plant based on coal feeds, there are 57 permissions that are at least needed from from various government agencies & that passes through at least 7 ministries over and above.
Each of this sanction points are weight points where one has to put a paper weight (bribes) to get the sanctions and hob nob with the ministerial secretariat that acts as a tout to get sanctions & signatures.
Is it possible for a common man to get a business permit or any licence without a middleman decorated as Lawyer, Chartered Accountants or simply Business consultant ?
 Answer is plain and simple NO as all of them help you pass on the "paper weight" inbuilt in their fees as "out of pocket expenses" to meet the need of a signature on a paper.
Indian PM. Manmohan Singh, is rated as liberal, I think India has never seen a more decorated clerk.
Rightly so, he was called a poodle by a British tabloid.
All the scams involving bribery running into hundreds of billions of dollars have been only by political class with hand and gloves with the industrialists, including Ratan Tata, a "revered Businessman". Reverence in his case and for many is relative; while others rob 100 & I rob only 80 does make me holier than thou is what is been touted.
In any developed world the misdemeanour's of Indian business houses would have definitely put them under public censure and closure.
Classic examples Union Carbide & Everron & latest one from Maruti Suzuki, would they have got away with such acts in their country of origin? Well I need not say No, readers would.
There still is hope for India but not as bright as it is made out to be.
The public mood for them now and even in the past has been of suckers & is unlikely to change.
All these Ambani's Mittal's , Birla's, Tata's, Ruias, Adani & the likes are a precipitate of a deep rooted corrupt system that has only favoured them on reciprocation basis.
After knowing and working in this corrupt system for more than two decades at the right levels, I can say this with convictions & without fear as I do not slave for any of these tomb raiders any more.
Western Media is advised to do the homework properly.

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