Have India over reacted to recession/slowdown?
When Mr. Richard Flud had broke the story about Lehman Brothers bankruptcy to world last year in New York, nobody had foreseen or even thought in their wildest dreams the magnitude of damage or the amount of change this event would bring to peoples life across the world. I sitting in capital of India seeing in television people taking their stuff out the Lehman’s office in NY having tears in their eyes never realized that the magic Dr. Manmohan Singh has created in 1992 get coupled with this biggest corporate tragedy in history going to impact my life and many others like me in big way. I have this friend working with one the reputed organization at senior position, earning hefty sum and joined this around year back from Mr. Jack Welch’s company because he was getting higher position n money. 2 days back he called me said Mr. Flud’s announcement has made its impact on him today and his company has thanked him for all he has done from them in last 1 year and they are done with his services.
But I really wonder did India really have such magnitude of impact? That it has forced the strategist to take such extreme steps. Why we are creating so much fuss? When still whole world is looking us and China as their potential survival ground. Notwithstanding Mr. Obama has his own thought process of being protective about Buffalo from Bangalore but all the evolve business minds across the world has different opinion on this including people from his own soil. With all due respect to his great articulation skills I am afraid but “Yes we can” might not turn true in all his initiatives, certainly not on this topic.
So when world has dependency on us and looking us as their future leader and asking a silent guidance from us, this is the high time when this great country should unleash the real potential into performance and capture the long due numerouno position. We are going to have a demographic dividend in coming years this is the phase a country gets into once in life cycle. When majority of the population is potential work force and has fewer dependents, instead of working towards such opportunity our Leaders in parliament are more bothered about “Sach ka Samna” and “Balika Badhu” or the fight between Ambani brothers. But anyway by the time we keep electing politician who has aspirations of unveiling their own Statues we are fooling ourselves big time even if we are thinking about a change.
I really couldn’t understood the real reason/logic of my and likewise many others suffering if Mr. Flud couldn’t manage his company well in NY. Perhaps the “Global Village” definition which my teacher has taught me during my school days has another angle to it which I was meant to understand and learn with practical …..”Experience” which is like a comb that life gives you when you are bald J
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