tag:blogger.com,1999:blog-2459252973002450668.post397375676023051159..comments2013-05-27T03:33:56.770-07:00Comments on Arun's Readings and Thoughts.: Indians Abroad Who might not have made it to the top if thery where in Indians in India!Arun Ayyappanhttp://www.blogger.com/profile/09092058889061526581noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2459252973002450668.post-62132811934410403892013-05-27T03:33:56.770-07:002013-05-27T03:33:56.770-07:00The statement "that in India before the Briti... The statement "that in India before the British came, making money and distributing favours to<br />relatives was not considered a perversion of power, it was the very rationale of<br />power. A feudal official had a duty to enrich his family and caste." is not true. Favours were done but in a limited way and with the knowledge of kings/chiefs as a rule. you follow up with this The lack of transparent rules, properly enforced, is a major reason why talented Indians cannot rise in India.<br />The rules are there and are transparent too but they are flouted all the time. Any Babu who tries to enforce is sidelined. See the case of SEBI chairman Bhave and Abraham. And the major scams of the last 10 years esp have been by Ministers and their cronies esp in business. The fact seems to be that we lack character.<br />As for the worthies you mention,-I had come across some of them in the US and have common acquaintances-you must look at their record. The united Airlines was run to the ground by the man who had suggestions on improving Indian Airlines.How do you improve an airline when the PM's family interferes and each plane purchase involves a 10% commission? Rajat Gupta's needs<br />no elaboration. In the US after his performance Pundit should have been punished long back. But the Banks were bailed out and Pandit and ilk escaped. And where is he now? As for Indira Nooyi (apart from the acquire fig leaf called Quaker Oats) She is purveying possibly possibly the worst comestibles imagined by man<br />to spread diseases among the common people(Please read about processed foods, refined flour, salt , sugar and chemicals)Sure she is doing well at the cost of health of millions and enormous package pollution!<br />Even in the the strong regulations like Glass and Steagall have been watered down and hence the housing scandal; and Enron earlier. The US caol, sugar and oil industries do not have enough regulation even now!<br />The problems are both stubborn and complex. Highly simplistic solutions and cliches will not help. we need transparency. We need more education. Even advanced degrees may help in narrow areas, but we are dealing with complex systems where we find experienced and talented men meandering. I know most of our policy makers. They have neither the vision nor character of people like Rajaji or Masani.<br /><br /><br />Unknownhttps://www.blogger.com/profile/15131630063119645480noreply@blogger.com