day by day

I dont see any reason why any sane person should be visiting my blog,but now that you are here,i assume ... ;) . I live to eat more than i eat to live.hey.Who moved my cheese??? :)

Thursday, June 03, 2004

I aint a political analyst but am writing this just as a concerned citizen.It is very surprising to see the behaviour of the commies in India.With a mere 60+ strength in the lok sabha,they are behaving as if they have obtained a clear mandate from the people.We want this to be scrapped.We want that to be scrapped.Right from the disinvestment ministry(which i partially agree with) to privatisation to private players in pension funds.Infact a lot more.While they attribute their opposition to the social responsibilities that have to be fulfilled,they have turned a blind eye to the opportunity costs.One way out seems to be to create a body that insulates the enterprises from the whims of the politicians.This should act as an interface between the companies and the govenment.This should strive to enhance the transparency and the autonomy of the PSU's.But right now we seem to be going nowhere on this front.

To say the truth,all this will lead nowhere.I for one seriously believe that all procedural,institutional issues that have huge ramifications are due to the lack of conviction on the part of the concerned authorities.We have some of the best laws,best plans.But rarely have they been implemented.These have remained as paper tigers.It is not like we have been shorn of ideas.The corruption,inefficiency has contributed immensely to this.No wonder privatisation seems to be the way out for these companies.They might be having the potential to perform but it is difficult to perform with all the babudom that characterises these companies.I hope all these blusters remain just that.Empty rhetoric.So much for continuity.

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