Vikram Pandit Rocks!!!
This is not about nationalism , just pure admiration for a man who has achieved what mere mortals dream about. Maybe, CEO, something else would have been fitting, but the beast that Citigroup is, makes it awe-inspiring.
Wish you great luck in your role of doing what you do best!
Wednesday, December 12, 2007
Sunday, December 09, 2007
The Dangerous Indian Urban Divide
The real dangers in Indian Economy are not poverty, hunger nor disease. They are the following in the order of their severity:
1. Black Money: This is one instrument, of ensuring that the salaried classes generate moolah for other sections of the society to ravage upon. The amount of direct taxes being poured in by this class of people is enormous enough for the country to grow at a 8%-9% rate, to imagine what the REAL growth numbers' would be if the worlds' largest black economy within a country was scrutinized, and taxed.
The black marketeers exist in various forms, but the biggest culprits till date have been builders and corrupt bureaucrats. This class of India, is by far the biggest threat to India, and demand a separate regulator aka SEBI to carefully watch each and every transaction happening in India.
A case in point are the numerous land scams being unearthed, and political interests in real-estate.
The movie, "Khosla ka Ghosla" deals with one such land-sharks, however the modes and methods of operations of such death-dealers differs vastly.
2. Corruption: Khairnar once said, "Its a dark new moon night, and you want me to point out the darkness?"
3. Greed & Lack of Social Responsibility: Indians just fail to understand, that when the rich-poor divide increases substantially, a force bent on social justice will take matters in their own hands. Today, we are witnessing this phenomenon, in the form of shameless display of corruption by policemen & traffic cops. The vandalism is spreading from railway ticket-collectors to government employees with any kind of public contact.
Finally I'd urge you to watch this video, to have a sense of reality, and to guage where India would really reach in the year 2050.
1. Black Money: This is one instrument, of ensuring that the salaried classes generate moolah for other sections of the society to ravage upon. The amount of direct taxes being poured in by this class of people is enormous enough for the country to grow at a 8%-9% rate, to imagine what the REAL growth numbers' would be if the worlds' largest black economy within a country was scrutinized, and taxed.
The black marketeers exist in various forms, but the biggest culprits till date have been builders and corrupt bureaucrats. This class of India, is by far the biggest threat to India, and demand a separate regulator aka SEBI to carefully watch each and every transaction happening in India.
A case in point are the numerous land scams being unearthed, and political interests in real-estate.
The movie, "Khosla ka Ghosla" deals with one such land-sharks, however the modes and methods of operations of such death-dealers differs vastly.
2. Corruption: Khairnar once said, "Its a dark new moon night, and you want me to point out the darkness?"
3. Greed & Lack of Social Responsibility: Indians just fail to understand, that when the rich-poor divide increases substantially, a force bent on social justice will take matters in their own hands. Today, we are witnessing this phenomenon, in the form of shameless display of corruption by policemen & traffic cops. The vandalism is spreading from railway ticket-collectors to government employees with any kind of public contact.
Finally I'd urge you to watch this video, to have a sense of reality, and to guage where India would really reach in the year 2050.
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