Recently the Vibrant Gujarat 2015, concluded in Gandhinagar and host of CEO and top management of corporate world descended to support the agenda of Mr. Modi, as PM of India. The event hosted by Gujarat Government saw a mix of Modi and current CM Mrs. Patel. A careful integration of Global, national and regional development hopes were laid with most of the government departments pursued the corporate world to invest in their activities. The responsibilities of the government is now extended to the CEOs to help them in making infrastructure ready for massive investment in later stages. Of course promises made in most of the sectors as usual by national investors worth lakhs of crores, figures ranging from 2 lakh to 20 lakh crores. Wide investment in the state economies shows the advancement made by the state in pursuing the corporate s. Though the direct benefits are yet to be seen in the perspective of people since hardly quarter of the investments promised in earlier events has been materialized.
The investors were keen to be partner with the departments and state officials were quick enough to take promises of the investments. No body knows the serious viability and realization capacity of these deals. But the image of the state shows improvement in eyes of investors. The foreign delegates were happy but tizzy about actual realization. With slow world economy the monies required for the investment is hard to come by in the near future. The promised land of 'Smart' cities in Dholera and GIFT city could not see much more energy from investors. The land deals half completed in some cases are hard to realize due to slow growth in the international and national economies.
The bullish national approach to the economy is due to commitment of the ruling party are centre and state. The harsh development reality with the newly formed NITI Ayog (in lieu of planning commission) must face to keep the corporate and finance department happy. The task of winning the hearts of million citizens comes from showcase of implementing the schemes. The half baked approach of the ideas in Land Acquisition, Safai and development planning little serious change in government thinking. The facilitation of the investors is great and so was the promises, when we are going to see the real investors from distant land is hard to get. The stake of traditional partners like Japan, US, Australia over the Denmark, Finland, UK, South Africa is high due to long term commitments, but very cautious in approaching the Indian market. The system is ready to welcome them but lacks the down right commitment towards its own people.
India being the world market cannot expect export to the world till we find market for ourselves. We may not find export improving unless the corporate giants enter India on their own term to exploit the resources. After all they must promise profits for their investors. Keen to raise the human resources India still aspires to become largest 'Coolie' supplying nation to serve the multi national corporate. Despite trying to raise the bar for improving innovation and competitiveness India as a nation made to believe all we can do is to supply human labour in addition to get exploited of our resources. The pain to deal with the corporate is to facilitate them with land, capital and labour and allow them to take profits. When Indian systems would get benefited to invest further in social sector depends still on the tax paid by the resident citizens.
The PPP model adopted to give the infrastructure projects to corporate also enlists the possibilities of linking a system of paying tax money to corporate funds. The pity Corporate Social Responsibility (CSR) unless sees light of day there is little chance of return on the social investment government would make in future. The viability of the policy framework depends on the markets, when the planned economies is rejected by the new governments. The new directions adopted provides little scope of the focus to investments in backward areas unless supports the investment by the corporate. The state governments must be ready to provide for the land, power and labour to the corporate guests in order to seek handful employment to its citizens.
The quick clearances of the projects, and easily twisted approach to resource management would evolve the exploitation more planned to extract the resources at minimum price and maximum benefits to the investors. The citizens must pay for the cost incurred to the governments which than can be shared with the corporate entity with the sound hope to have return on the investments. Not all remains hopeless in the dawn of new market and investment led government philosophy, with 'Make in India' campaign and realization of the social dreams. The easy arrangement with the World Banks (WB) for the loans which cities would need would further tangle and pledge the future Indian institutional capital to the corporate.
The images of the earlier, 'Bombay Plan' when eager investors lined up to partner with governments, though government decided to go public by setting large public sector undertaking. This time the governments is making large enterprise which is owned by the public to partner with corporate to justify the development targets. Corporate must participate with the governments to meet the development targets. Like most of the funds in social sector must now be routed through the expert corporate entity, the operations and management of the enterprise must also facilitate the improvement in the delivery and quality targets.
The nation must be sleeping is they do not react into the corporate take over of the public systems citing lack of public funds and their inability to manage. The market based economy needs to be most regulated and guided than the socialist economies. The wheel may turn back since the motive of profits must not be for the public benefits, and entirely least cost. The community till than must be diligent customers and good employee in order to allow the corporate to function and cooperate with the government to meet the development targets.
The investors were keen to be partner with the departments and state officials were quick enough to take promises of the investments. No body knows the serious viability and realization capacity of these deals. But the image of the state shows improvement in eyes of investors. The foreign delegates were happy but tizzy about actual realization. With slow world economy the monies required for the investment is hard to come by in the near future. The promised land of 'Smart' cities in Dholera and GIFT city could not see much more energy from investors. The land deals half completed in some cases are hard to realize due to slow growth in the international and national economies.
The bullish national approach to the economy is due to commitment of the ruling party are centre and state. The harsh development reality with the newly formed NITI Ayog (in lieu of planning commission) must face to keep the corporate and finance department happy. The task of winning the hearts of million citizens comes from showcase of implementing the schemes. The half baked approach of the ideas in Land Acquisition, Safai and development planning little serious change in government thinking. The facilitation of the investors is great and so was the promises, when we are going to see the real investors from distant land is hard to get. The stake of traditional partners like Japan, US, Australia over the Denmark, Finland, UK, South Africa is high due to long term commitments, but very cautious in approaching the Indian market. The system is ready to welcome them but lacks the down right commitment towards its own people.
India being the world market cannot expect export to the world till we find market for ourselves. We may not find export improving unless the corporate giants enter India on their own term to exploit the resources. After all they must promise profits for their investors. Keen to raise the human resources India still aspires to become largest 'Coolie' supplying nation to serve the multi national corporate. Despite trying to raise the bar for improving innovation and competitiveness India as a nation made to believe all we can do is to supply human labour in addition to get exploited of our resources. The pain to deal with the corporate is to facilitate them with land, capital and labour and allow them to take profits. When Indian systems would get benefited to invest further in social sector depends still on the tax paid by the resident citizens.
The PPP model adopted to give the infrastructure projects to corporate also enlists the possibilities of linking a system of paying tax money to corporate funds. The pity Corporate Social Responsibility (CSR) unless sees light of day there is little chance of return on the social investment government would make in future. The viability of the policy framework depends on the markets, when the planned economies is rejected by the new governments. The new directions adopted provides little scope of the focus to investments in backward areas unless supports the investment by the corporate. The state governments must be ready to provide for the land, power and labour to the corporate guests in order to seek handful employment to its citizens.
The quick clearances of the projects, and easily twisted approach to resource management would evolve the exploitation more planned to extract the resources at minimum price and maximum benefits to the investors. The citizens must pay for the cost incurred to the governments which than can be shared with the corporate entity with the sound hope to have return on the investments. Not all remains hopeless in the dawn of new market and investment led government philosophy, with 'Make in India' campaign and realization of the social dreams. The easy arrangement with the World Banks (WB) for the loans which cities would need would further tangle and pledge the future Indian institutional capital to the corporate.
The images of the earlier, 'Bombay Plan' when eager investors lined up to partner with governments, though government decided to go public by setting large public sector undertaking. This time the governments is making large enterprise which is owned by the public to partner with corporate to justify the development targets. Corporate must participate with the governments to meet the development targets. Like most of the funds in social sector must now be routed through the expert corporate entity, the operations and management of the enterprise must also facilitate the improvement in the delivery and quality targets.
The nation must be sleeping is they do not react into the corporate take over of the public systems citing lack of public funds and their inability to manage. The market based economy needs to be most regulated and guided than the socialist economies. The wheel may turn back since the motive of profits must not be for the public benefits, and entirely least cost. The community till than must be diligent customers and good employee in order to allow the corporate to function and cooperate with the government to meet the development targets.
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