Governments business is to stay away from business
- Thread starter kartik
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deepakraam
Deepak Narayanan
I don't think Govt's business is to stay away from business.They can't be mute spectators.Any business in any country should certainly require the support of that Govt.Lets take some examples where Govt intervention has certainly helped.
1.Satyam scandal - Govt has intervened at the right time and changed the hands of the company and helped in staying the company float till now.This is certainly impossible w/o Govt intervention
2.Air India - Govt is still lending his helping hand to operate the company.Govt has poured in Rs.800 crore intially and promised more based on the performance of the airlines.
3.Mutual funds - As an investor I would say this is certainly a big relief for me in seeing all money getting into my investment.Govt has abolished entry load for ppl investing in mutual funds w/o any agents.Though it has triggered a hornet's nest still Govt is sticking it to its decision.
Even in developed economies esp during the recession many banks which were once considered "too big to fail" when tumbled like pack of cards ,Govt has helped them tide over the crisis by infusing billions of dollars w/o which we could not have recovered from downturn so soon.
I would Govt business is to stay in business as an entrepreneur,regulator,rescuer.
-Deepak.
1.Satyam scandal - Govt has intervened at the right time and changed the hands of the company and helped in staying the company float till now.This is certainly impossible w/o Govt intervention
2.Air India - Govt is still lending his helping hand to operate the company.Govt has poured in Rs.800 crore intially and promised more based on the performance of the airlines.
3.Mutual funds - As an investor I would say this is certainly a big relief for me in seeing all money getting into my investment.Govt has abolished entry load for ppl investing in mutual funds w/o any agents.Though it has triggered a hornet's nest still Govt is sticking it to its decision.
Even in developed economies esp during the recession many banks which were once considered "too big to fail" when tumbled like pack of cards ,Govt has helped them tide over the crisis by infusing billions of dollars w/o which we could not have recovered from downturn so soon.
I would Govt business is to stay in business as an entrepreneur,regulator,rescuer.
-Deepak.
poojitri1103
Pooja Tripathi
welll ....although 2 much of government interference is undesirable ...but a government should play the road of active regulator
seized
Santosh Pathak
Actually business and goverment must work hand in hand, because suppose in an MNC invest in india so it requires many legal formalities to be completed, the goverment should co-operate with these kinds of investments as it is necessary for countrys development but at the same time goverment must regulate the policies as per the demand so that the balance is maintained at both ends for country and the company
the reason why there is a lot of foreign investment in india is cheap labour and favourable condition
cheap labour because inflation is constantly kept intact
it was a time when per capita income of country was very low
now is well for now
now as inflation rises the per capita income rises and so the demands
so the fiscal and monetary policies of goverment helps a lot for business
and as per now INDIA is the best country in regards to the economic conditions and policies
that is why we are progressing at an constant rate
and it is good
the reason why there is a lot of foreign investment in india is cheap labour and favourable condition
cheap labour because inflation is constantly kept intact
it was a time when per capita income of country was very low
now is well for now
now as inflation rises the per capita income rises and so the demands
so the fiscal and monetary policies of goverment helps a lot for business
and as per now INDIA is the best country in regards to the economic conditions and policies
that is why we are progressing at an constant rate
and it is good