Wednesday, November 30, 2011

Government's counter punch to India Inc

I just loved it. When some ministers of the government at an awards event with top honchos from India Inc suggested that India Inc also look within and beyond the government (read: opposition parties) instead of "government's policy paralysis", it gave a much needed width of focus to the whole issue. Of course, there is still a policy paralysis in the government, the only difference now is that they are trying to do something about it. But the problem of being inert for too long is that you can't get on to high-octane action 0 to 60 seconds. And then, an opposition which is as short of ideas and afflicted by an absence of economic vision (or is it impaired vision?) as the government will really not let things move, will it? So like last year, we don't have houses of Parliament functioning. It is another matter that we have far fewer parliament sessions that we did historically (why, I can't understand as legislative and governance requirements have only increased).

Anyway, I am too glad that the government gave it back to India Inc. I think it is a little too much when people who bribe government officials, manipulate government policy through lobbying and other smart moves, do insider trading, make mockery of corporate governance, are intransparent and the works, put themselves up on a pedestal and start pontificating. This is not to suggest all of India Inc is like this. But those of us who have been business journalism for long do know a thing or two about many of these distinguished gentleman. Government's counter hasn't come a day late. Government's one point agenda of exposing the opposition and India Inc is making everybody naked (not forget its own incredible nakedness). Amusing.   

No comments:

Post a Comment