Here in India, we open the NEW-YEAR-2009, with the Economy, like the Global Economy,now, in a Great Depression.Although,many new interim Budgets are passed out by Montek Singh Ahluwalia, the Deputy Chairman of the Planning Commission of India and the word Planning,Planned Economy started by USSR Lenin and Stalin followed by Nehru,Krushchev,Tito,Nasser,Bandernaike which in most Nations are long dead and burried under the coffin of Market Capitalism Welfare State,in India, it is long dying,since 1991 Economic Reforms of LPG(Liberalization,Privatization&Capitalization) and FFIIIT (Fiscal,Financial,Infrastructure,Industrial,International Business and Trade Sector Reforms) MODEL a prolonged death in India and State has badly failed, the Markets, in its inefficiencies and ineffectiveness.Productivity and Market Signals are natural corolary in a market dominated economy.
Like the Tides or Waves of the Sea, the Tides or Waves of the Economic Variables of the World Economy, will bounce and and move.Economic Change is the name of the game.Games Theory(Malcolm Nash,1991) survives.Up's and Down's Syndromme of any Economy, has got to be managed by Strategic Management Initiatives by the Bureaucracy,Government and Market Synchronisation Orchestra and at times, accomodations, with both the Monetary and Fiscal Policy, at consistent work, some managed and some thrown open to the market forces with the Regulatory framework of State Control but that doesnt mean sleeping with the enemy but always ready to change and strategically outlast the prominient variables.
The Mortgage Loans Failure in USA was a big devastation. Just as a New Black President Barrack Hussein Obama, is to don, the on field, practical implications, of the entire political,economic,foreign policy,war against terror,domestic unemployment levels are high and economic growth not a distinct possibility and pacing globalization of the world economy as an agenda as we had in the 1990's over 120 Developing Countries introduce the outward trade export led globalized growth orientation.This is for USA.For India we are to face a vote on account interim Budget on 28th February,2009 and Our yearly Economic Survey-2007-08 is to launched on 25th february 2009.
At the moment in the North India,North of the Himalaya's hundreds of people are dying,in the railway stations,bus stations,villages,highways, due to Very Cold Weather Conditions,which is natural in these regions of India in the Month of Late December and early January but every year stop gap arrangements are made which makes me say that we are having first class cars in India but third class infrastructure in UP,Uttaranchal,Himachal,NCR et. al.the polls over votes not at stake the State Government's has nothing to offer to the poor and the hungry which still exists in India because of State Robbery.Time to think on the Micro finance,Infra structure,fortune at the bottom of the pyramid low cost high value durables,consumerables and social and physical infrastuctures.
My last few visits 27 KM across my Home in Lucknow to Dewa Shareef,Dewa Barabanki District made me realise that Schools from the Government and the Private initiatives have come up in Barethi,a village on the route.Lots of irrigation water is provided throught the route by the Sharda Canal.This made me realise why development in India is so slow?I have been going through this route through the last 22 years to have Darshan/Visit of the pious Sufi Saint,Haji WARIS ALI SHAH.I have dedicated my first published book-BUSINESS POLICY AND STRATEGIC MANAGEMENT- TEXT AND CASES-2008-AURNOB ROY to him in print.
Why 90% of Indians in Rural Areas and 70% of Indians in Urban Areas defacate in the open fields?Why do we have 150 INDIAN MULTINATIONALS?Why have our percentage of World trade fallen from 4% in 1951-52 to little over 1% now(Bimal Jalan-2008).Why is our security so loose that am caught on the streets of Lucknow going side by side the entrouge of Sonia Gandhi the VVIP and being abused by the police who accuses me of being a terrorist,a muslim and holds me for an hour for not paying him the fine of Rs.1800/- which I did not do and let him have my license and registration of Kinetic Nova and with 15 years of teach experience at the MBA level got it done through the court of law with the help of my ex-student working in DSP Meryill Lynch,ABHISHEK AGARWAL,for only Rs.200/-.At least Law is there in India but only after 2 months did I get back my street driving essentials,which is how systems in India run.
The Terror in Mumbai was no ordinary gang war.It was planned and executed with proper Strategic Management Initiative to WIN........The Kasav's,The Lakhvi's,The Mullah Masood Azhar's.....WON......How many times are we to be the losers.
On a brighter note our Young Cricket Commander's won the T20 Cup in South Africa beating Pakistan in the last over by a Whisker,a Team Effort by MS Dhoni,Rohit Sharma,Virender Sehwag,Joginder Singh,Sree Santh,Yusouf and Irfaan Pathan and company.Let's hope INDIA WINS the T20 WORLD CUP again to be played in 2009 Summers in UK.The Retirement of Sourav Ganguly and Anil Kumble was a good decision especially when at over 35 years to play modern day Base-Ball type cricket game either T20,T50-ODI or 5 Day Test matches is itself a challenge.Tendulkar with his 41 Test 100 Sehwag and Yuvraj led by DHONI led the way to a TEST SERIES WIN VS ENGLAND after getting them withe washed by 5-0 in One Day Cricket.That after Terrorism attack on Mumbai the Englishmen under KP Kevin Peterson came back to India to Play Test cricket in itself is a great VICTORY of SPORTSMANSHIP.
Lets hope the NEW YEAR 2009 will really be HAPPY INDEED.
