Government should mind their own Business and not Businesses.
Kautilya’s exhortation to Chandragupta Maurya <ul><li>For a King </li></ul><ul><li>His  vrata  (religious vow) should be a...
India Everywhere Campaign at WEF, Davos, Switzerland
India Everywhere Campaign at WEF, Davos , Switzerland
Ease of Doing Business Report by World Bank. <ul><li>  Steps  Days </li></ul><ul><li>Obtain a license 20   270 </li></ul><...
So how has India fared……… <ul><li>Ease of ……   Economy    Rank (India) </li></ul><ul><li>Doing Business 116 </li></ul><ul>...
Case <ul><li>Mittal Steel   v/s  Arcelor </li></ul><ul><li>Mittal Steel makes an unsolicited bid of  </li></ul><ul><li>$ 2...
Government & Governance <ul><li>Government </li></ul><ul><li>An institution that holds the exclusive power to enforce cert...
Business <ul><li>An economic activity </li></ul><ul><li>Involves production or purchase of goods & services </li></ul><ul>...
Objectives of Business <ul><li>Economic Objectives </li></ul><ul><ul><li>Profits </li></ul></ul><ul><ul><li>ROCE </li></ul...
Corporate Governance <ul><li>Voluntary adoption of standards </li></ul><ul><li>Aims to improve the business image, effecti...
Business Environment Internal  Factors External Factors Business Decisions
Government and Business Relationship in India <ul><li>Provisions of the Indian Constitution pertaining to Business </li></...
Ground Realities
Reasons <ul><li>Constant Government Interference </li></ul><ul><li>(Mittal Steel v/s Arcelor) </li></ul><ul><li>Corruption...
Role of Government  <ul><li>Regulatory Role (IRDA, TRAI) </li></ul><ul><li>Promotional Role </li></ul><ul><li>Entrepreneur...
Success Stories <ul><li>Delhi Metro Rail Corporation (DMRC) </li></ul><ul><li>Structure </li></ul><ul><li>Autonomy </li></...
Suggestions <ul><li>“ GOVERNMENT REGULATION </li></ul><ul><li>AND NOT  </li></ul><ul><li>GOVERNMENT INTERFERENCE ” </li></ul>
Thank You <ul><li>  Open for Questions </li></ul>
Upcoming SlideShare
Loading in …5
×

Government Should Mind Their Own Business And Not Businesses

1,399 views

Published on

National Level Paper Presentation 2009

Published in: Business
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
1,399
On SlideShare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
20
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Government Should Mind Their Own Business And Not Businesses

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

×