It had been a long time since this blog saw a post . I have redesigned the look and feel of the blog with a promise of regular postings . Today I took up - Entrepreneurship in India .
Becoming an entrepreneur is one of the most cherished dreams of all ambitious people . Consider India and it is a Herculian task .For those who find it hard to believe , let us look at the stats. As per ' The ease of doing business ' ratings , India ranks a dismal 132 out of 182 countries( ref : http://www.doingbusiness.org/rankings ). Just to give you an idea of what rank 132 means , look at these rankings of our neighbour : Nepal 107 , Bangladesh - 122 , Pakistan 105 . Shocked ? Well , I was shocked too !
You might wonder about government creating policies to remove hurdles but for each hurdle removed , another is added (dekhna hoga na policy kyu ban raha hain - votebank or business) and let us not forget the kickbacks and patronage networks.
Leftists do shout that the business policies in India are highly skewed towards big businesses but then , did they not rule one famous state of eastern India for 30 years and the results are there for every one to see (No offence please).
Businesses are money churners for governments in the form of taxes , excise , VATs - but people even don't know where , how and even why to pay taxes. And so not so surprisingly , India ranks 147 in terms of 'Ease of paying taxes'. Our governments are not even eager to collect the same. Don't remember last time when Indian budget showed a surplus! Can anyone tell me what are they doing in the administration ? Maybe hereditary or some other hidden motives ( hey , I'm not talking about ministers watching porn:P:P).
Before we shout - ' FDI FDI FIIIIIIII ' , we need some good policies . Reforms . Policies that would would act as a bait to start businesses. Millions of Indians would be able to stand on their own feet and it also offloads the subsidy or reservation burdens off the shoulders of the government. Silent reforms may not grab the newspaper or TV headlines as say , Volkswagon wanting to invest in Bengal but people would be empowered to buy one of those cars .
( You can mail me your feedbacks to santanudas@engineer.com )
Becoming an entrepreneur is one of the most cherished dreams of all ambitious people . Consider India and it is a Herculian task .For those who find it hard to believe , let us look at the stats. As per ' The ease of doing business ' ratings , India ranks a dismal 132 out of 182 countries( ref : http://www.doingbusiness.org/rankings ). Just to give you an idea of what rank 132 means , look at these rankings of our neighbour : Nepal 107 , Bangladesh - 122 , Pakistan 105 . Shocked ? Well , I was shocked too !
You might wonder about government creating policies to remove hurdles but for each hurdle removed , another is added (dekhna hoga na policy kyu ban raha hain - votebank or business) and let us not forget the kickbacks and patronage networks.
Leftists do shout that the business policies in India are highly skewed towards big businesses but then , did they not rule one famous state of eastern India for 30 years and the results are there for every one to see (No offence please).
Businesses are money churners for governments in the form of taxes , excise , VATs - but people even don't know where , how and even why to pay taxes. And so not so surprisingly , India ranks 147 in terms of 'Ease of paying taxes'. Our governments are not even eager to collect the same. Don't remember last time when Indian budget showed a surplus! Can anyone tell me what are they doing in the administration ? Maybe hereditary or some other hidden motives ( hey , I'm not talking about ministers watching porn:P:P).
Before we shout - ' FDI FDI FIIIIIIII ' , we need some good policies . Reforms . Policies that would would act as a bait to start businesses. Millions of Indians would be able to stand on their own feet and it also offloads the subsidy or reservation burdens off the shoulders of the government. Silent reforms may not grab the newspaper or TV headlines as say , Volkswagon wanting to invest in Bengal but people would be empowered to buy one of those cars .
( You can mail me your feedbacks to santanudas@engineer.com )
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