The document discusses politics and business in India. It provides definitions of politics as governing a country/group and making decisions, and business as activities for profit through production/sale of goods/services. It notes politics and business are interrelated and interdependent, with the goal of business being profit and government wanting economic stability and growth. It then lists some key issues in Indian politics like terrorism, naxalism, and corruption. It provides examples of major corruption scandals in India involving coal, telecom, financial, banking, and arms deals totaling hundreds of thousands of crores of rupees. It closes by noting the rich are getting richer while the poor are getting poorer, shrinking the middle class.
1. PRESENTING POLITICS & BUSINESS
NAMES: Gaurang Bubna
Gourab Das
Indrayudh Bhattacharjee
Ishan Kesri
Jagananda Routh
Upayan Sarkar
CLASS: MBA
SESSION: 2018:2020
Didi Bahot Naaraaz
Hai!
2. WHAT IS POLITICS ?
Politics refers to a set of activities
associated with the governance of a
country, or an area. It involves making
decisions that apply to members of a
group. It refers to achieving and
exercising positions of governance
organized control over a human
community, particularly a state.
3. WHAT IS BUSINESS ?
Business is the activity of making one's
living or making money by producing or
buying and selling products (such as
goods and services).Simply put, it is
"any activity or enterprise entered into
for profit. It does not mean it is a
company, a corporation, partnership,
or have any such formal organization,
but it can range from a street peddler
to General Motors.
4. POLITICS AND BUSINESS
ARE INTERRELATED NAD
INTERDEPENDENT.
Main goal of
a Business is
to make
profit.
Government
wants
economic
stability and
growth.
9. Terrorism, Naxalism, religious violence and caste-related
violence are important issues that affect the political
environment of the Indian nation. Stringent anti-terror
legislation such as TADA, POTA and MCOCA have received
much political attention, both in favour and opposed.
Terrorism has affected politics India since its conception,
be it the terrorism supported from Pakistan or the
internal guerrilla groups such as Naxalites. In 1991 the
former prime minister Rajiv
Gandhi was assassinated during an election campaign.
Law and Order
10. Corruption in India
Corruption is an issue that adversely affects India's
economy of central, state and local government
agencies. Not only has it held the economy back from
reaching new heights, but rampant corruption has
stunted the country's development. A study conducted
by Transparency International in 2005 recorded that
more than 62% of Indians had at some point or another
paid a bribe to a public official to get a job done.
11. List of scandals in India
Indian coal allocation scam
• Amount - 185,591 Crores Rupees (INR)
• Coal ministry under United Progressive Alliance government. Sriprakash
Jaiswal.
2G case
• Amount - 176,000 Crores Rupees (INR)
• Nira Radiamany telecommunications companies.
Saradha Group financial scandal
• Amount - 40,000 Crores Rupees (INR)
• Kunal Ghosh, Sudipto Sen, Madan Mitra, Mukul Roy and many more.
12. Punjab National Bank Scam
• Amount - 13,600 Crores Rupees (INR)
• Nirav Modi, Ami Modi, Neeshal Modi, Mehul C Choksi
Common Wealth Games Scam
• Amount - 70,000 Crores Rupees (INR)
• Suresh Kalamadi, Sheila Dikshit - the then Chief Minister of the State.
Abhishek Verma arms deals scandal
• Amount - 80,000 Crores Rupees (INR)
• Abhishek Verma, Anca Verma
13. The rich people are getting richer and the poor people are
getting poorer, hence the middle class is shifting towars the rich
or the poor segment.