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Government Should Mind Their Own Business And Not Businesses
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Government Should Mind Their Own Business And Not Businesses

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My presentation that won me the first prize.

My presentation that won me the first prize.

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  • 1. Government should mind their own Business and not Businesses.
  • 2. Kautilya’s exhortation to Chandragupta Maurya
    • For a King
    • His vrata (religious vow) should be activity for the cause of his uttanam (people).
    • His best religious ceremony should be the work of karyanusasanam (administration).
    • His dakshina (highest charity) must be equality of treatment meted out to all.
  • 3. India Everywhere Campaign at WEF, Davos, Switzerland
  • 4. India Everywhere Campaign at WEF, Davos , Switzerland
  • 5. Ease of Doing Business Report by World Bank.
    • Steps Days
    • Obtain a license 20 270
    • Start a business 11 71
    • Country Median time to start a Business
    • Australia 2 days
    • U.S.A. 5 days
    • U.K. 18 days
    • China 41 days
    • India 71 days
  • 6. So how has India fared………
    • Ease of …… Economy Rank (India)
    • Doing Business 116
    • Starting a Business 90
    • Dealing with Licenses 124
    • Hiring and Firing 116
    • Registering Property 101
    • Getting Credit 84
    • Paying Taxes 103
    • Closing a Business 118
    • Source : World Bank
    • The index ranks economies from 1 – 155.
  • 7. Case
    • Mittal Steel v/s Arcelor
    • Mittal Steel makes an unsolicited bid of
    • $ 24 billion for Arcelor
    • Bid is blocked by stakeholders
    • Govt. of India intervenes
  • 8. Government & Governance
    • Government
    • An institution that holds the exclusive power to enforce certain rules of social conduct in a given geographical area.
    • Governance
    • Act or the manner of governing.
  • 9. Business
    • An economic activity
    • Involves production or purchase of goods & services
    • Involves distribution of goods & services
    • To earn profits
    • To improve peoples standard of living
  • 10. Objectives of Business
    • Economic Objectives
      • Profits
      • ROCE
      • Survival & Growth
    • Social Objectives
      • To provide employment
      • Supply quality goods
      • Improve standard of living
      • Environmental protection
      • Justice to workers
  • 11. Corporate Governance
    • Voluntary adoption of standards
    • Aims to improve the business image, effectiveness, efficiency and social responsibility
    • Helps to avoid constant and undue Government interference
  • 12. Business Environment Internal Factors External Factors Business Decisions
  • 13. Government and Business Relationship in India
    • Provisions of the Indian Constitution pertaining to Business
    • Fundamental Rights
    • Freedom of Trade and Commerce
    • Industrial Policy
  • 14. Ground Realities
  • 15. Reasons
    • Constant Government Interference
    • (Mittal Steel v/s Arcelor)
    • Corruption & Bureaucracy / Red Tapism
    • Lack of Infrastructure
    • Uncertainty
  • 16. Role of Government
    • Regulatory Role (IRDA, TRAI)
    • Promotional Role
    • Entrepreneurial Role
    • Planning Role
  • 17. Success Stories
    • Delhi Metro Rail Corporation (DMRC)
    • Structure
    • Autonomy
    • Delegation of Power to the CEO
    • Support in both letter and spirit
    • MINIMUM GOVERNMENT INTERFERENCE
  • 18. Suggestions
    • “ GOVERNMENT REGULATION
    • AND NOT
    • GOVERNMENT INTERFERENCE ”
  • 19. Thank You
    • Open for Questions

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