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Are we encouraging crony capitalism:Manmohan singh


Guest dada_rocks

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Guest dada_rocks
http://outlookindia.com/full.asp?fodname=20070501&fname=manmohan&sid=1&pn=1 We need new ideas in industrial competitiveness and regulation to deal with new challenges now on the horizon. I was struck recently by a comment in the media that most of the billionaires among India?s top business leaders operate in oligopolistic markets, and in sectors where the government has conferred special privileges on a few. Hang-over of socialist days I guess. I do recognize, however, that there is today great dynamism in Indian industry. These days when I am called upon often to give away awards to business leaders, I am struck by the fact that many of the awardees are first generation business leaders. Where have they come from? How did they break into the monopolistic and oligopolistic markets they faced at the time of their entry? What made the difference? What is government policy, individual enterprise, global links and opportunities, or what else? These are questions worth examining? :wtg:
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Guest dada_rocks

Re: Are we encouraging crony capitalism:Manmohan singh great mind just in wrong party for me

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