Lots of professionals and entrepreneurs like me started

says former Microsoft India chair

cheap moncler jackets With a vast and, just as importantly, youthful population, India and its billion plus potential consumers is on the minds of many Western companies.

Indians want better education, health care and infrastructure, but the government is failing to provide these, writes “Sachin Patil” on Facebook. How confident are you that the government will carry out the reforms needed to make progress on these issues?

We have a real crisis. Despite India’s economic achievements, 66 years after independence, India ranks 136 out of 200 countries in terms of the human development index. A billion people live on less than $4/day. moncler coats cheap On many social indicators including infant mortality and lifespan, we lag even our moncler outlets usa neighbor Bangladesh. Half of all homes lack a toilet. Infrastructure moncler outlets uk investments are simply happening too slowly. India remains a ferociously tough place to do business, ranked 132 out of 200 countries in terms of ease of doing business by the World Bank. It’s hard to see a scenario when India can sustain its progress without addressing these issues.

moncler outlet moncler jackets toronto online It all simply boils down to governance. Governance in India is broken. Key institutions such as the judiciary, law enforcement, and the civil cheap moncler jackets outlet service haven’t been reformed and strengthened to keep pace with India’s development. But most of all, the levels of fragmentation, corruption and self interest amongst leaders at the national, state and local government levels is stunningly high. This doesn’t augur well for reforms and progress. The discount moncler outlet base case appears to be one of a few more years of drift unless there is a black swan event that throws up competent leadership in the coming election.

moncler mens jackets Does India have a problem convincing moncler coats for men its best talent to stay in India, asks Douglas Snazel.

moncler outlet Talent flows like the tide. When I was graduating from the elite Indian Institute of Technology buy moncler jackets toronto Bombay in 1985, 30 out moncler coats for kids of 50 of my graduating class in mechanical engineering left India for the United States; in computer science, practically the whole class left. That’s because there were few opportunities for us in India at that point. Fifteen Discount Moncler Coats or twenty years later, the tide turned. Lots of professionals and entrepreneurs like me started trickling back to India because discount moncler jackets the economy began to do so well. There were more opportunities in India than anywhere else. This was especially true in the fast growing technology industry. or elsewhere cheap moncler jackets wholesale for graduate studies. It simply wasn’t exciting enough compared to moncler outlet online store the opportunities cheap moncler coats for women in India.

monlcer down jackets Today, with the Indian economy moncler outlet slowing and the country drifting, juxtaposed with a resurgent and reindustrializing America, I suspect that great talent will once again begin to leave India. This talent flow doesn’t per se concern me too much; like currency flows, it is reversible. What’s far more concerning moncler jackets mens is the lack of leadership and direction in the country.

cheap moncler outlet While India has a lot of potential as seen by outsiders looking in, do Indians, in a general sense, also view the situation similarly? How high are hopes in India of being able to capitalize on its potential?

moncler outlet sale I don’t think anyone here really doubts that India has potential. Everyone moncler outlet canada gets it. The country has very favorable demographics, oodles of smart people and the economic success of the last decade showed everyone what’s possible. India definitely has the potential to eliminate poverty and become a developed country by 2050. However, the worry that more and more Indians have is whether time is running out in terms of realizing this potential.

India is celebrating its 66th year of Independence. But there is more moncler outlet kids anxiety and despondency moncler chicago than joy. India is in the midst of an economic crisis. But, even more, it’s in the midst of a moral and leadership crisis. Every country has its moncler outlet woodbury own particular problems and India has its fair share of challenges. That’s not the real issue. The real issue is the absence of strong, inspiring leaders who have moncler jackets kids a vision for moncler coats outlet the country, the moral fiber to attract mass followership and the courage to take tough decisions. We’ve allowed our country and society to be hijacked by people who are corrupt and criminal at worst and self moncler outlet uk serving at best. For the most part, those at the helm of affairs today have little real interest in India’s development. moncler jacket online It is impossible for India to make progress on any front when self interest trumps national interest every time. Sixty six years ago, India won her political freedom. But the British were simply replaced by a new ruling class that quickly turned kleptocratic and predatory. Until we are able to figure out how to get more honest and competent people into moncler coats office, India will unfortunately continue to muddle along.

moncler outlet store What are some of the biggest challenges companies must deal with when confronted with corruption cheap moncler in India’s bureaucracy, asks “Jason Heilemann” on Facebook. What are some of the key lessons you learned that moncler jackets cheap you think others could apply?

Corruption in moncler jackets outlet online India is a huge problem, as it is in most emerging markets, including China and Brazil. Companies will have to learn to deal with this as more of their business comes from such markets. The risks are large moncler coats for cheap and the consequences to reputation and business are massive as companies ranging from Wal Mart to GSK have recently discovered. My advice is simple. In certain industries especially where the government controls access to natural resources or contracts bribery is rampant and it’s difficult to succeed without being corrupt. This includes industries like moncler coats for women real estate, mining, lots of https://www.thebeastmark.com infrastructure and even telecommunications. Such industries are moncler coats sale best avoided.

moncler sale However, in over half the economy, most consumer moncler jackets canada or industrial businesses for instance, it is indeed possible to avoid paying bribes to win business. A bigger challenge than bribery is the demand for “speed money” for UK Moncler sale routine transactions like getting a permit or approval or clearing a customs shipment. It’s extraordinarily difficult to navigate the maze of rules and regulations without paying speed money but it is possible. Official Moncler Outlet The first is top management commitment to doing business the right way. moncler jacket outlet There is a cost to being honest you will lose some business. Things will take more time; if you are in a hurry, you will have to pay. Every employee needs to know that this is OK and that they will be moncler outlet ny backed up when they make the right calls.

cheap moncler Second, there needs to be a huge focus on compliance. India or China may account for a relatively small part of the global business but it may be a large part of the global fraud risk. So companies need to invest in training every employee, invest in controls and audits and investigative capabilities, and invest in creating a strong in house administrative function instead of outsourcing this to agents. Most of all, they need to focus on holding their local moncler outlet mall leaders accountable for ethics and for creating a culture of compliance. Many global companies have built successful businesses in India the right way. There is no doubt that this is possible.

India is in dire straits, and in big trouble. Just don pull China in. Making China look as bad as India to justify your own mega problems is just to find a scapegoat to say that you are not alone. This is the Indian mentality, finding excuses.

moncler sale outlet China is definitely doing moncler outlet online much much better than India in all aspects, in GDP, social cohesion, infrastructure, even in corruption eradication. China GDP is 5.5 times bigger than India at US$10 trillion, and per capita is 4 times higher. What good is India, except to find excuses to say China is the same as them.

August 24, 2013 at 5:15 am Reply

big problem is moncler outlet usa unbridled chauvinism that drives these moncler outlet location so called and most people there and gives them this false sense of self importance. on. Indians like to brag, and brag big time. They hardly know what is modesty. Just listen to moncler jackets for women their comments when India was growing in the late 2000s. They brag and boasted,. and now the world is laughing at them.

cheap moncler coats India, with its free falling rupee and economic backwater, is now even singled out as may be the next contagion to spread a world recession, especially to the weaker developing countries. Now, that highly unflattering, to be the scourge of the source of recession, LOL.

August 24, 2013 at 5:25 am Reply

cheap moncler sale Am an employee of pvt company. Still I need to tell something. These corporate biwigs have had their own chances and opportunities to make the mark in changing the world. ateleast for their own coroprations. Havn seen these corporate leaders succeeding. They have created dissappointing scenarios in the corporations where being industrious is not rewared. Rather now a days; I have seen that the government offices are better these days compared to pvt ones. B we have atleast a right to protest against the goverment to get our work done. No pvt company or corporate body allows any protest to happen. That its hard to agree for any corporate leaders blames on any policitcal leader. Life is a mirror; it throws the same rays backt that you sent to it! Please try implementing RTE in your corporations without retalliations and then speak.

buy moncler jackets Fareed Zakaria GPS TVEvery week we bring you in depth interviews with world leaders, newsmakers and analysts who break down the world’s toughest problems.

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