| Author | Message | ||
     Tilak Side Hero Username: Tilak Post Number: 9696 Registered: 02-2012 Posted From: 125.22.249.81 Rating: N/A |
Are you saying he is dishonest/untruthful in his opinion? Nenu ichina interview lo same question adigithe .. see Wadia's answer .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin | ||
| Stig Side Hero Username: Stig Post Number: 9455 Registered: 01-2010 Posted From: 173.224.119.174 Rating: |
Ippudu Chilaka kaburlu chebtunnadu kani retail lo carrefour tho JV tho try chesindipaddu emaindi ee thelivi, allaki scene ledani telisi side ayyi ippudu mulugutunnada ??  --- http://savethering.org/ | ||
| Tilak Side Hero Username: Tilak Post Number: 9693 Registered: 02-2012 Posted From: 125.22.249.81 Rating: N/A |
Q) Your group did not get into emerging sectors such as financial services and telecom. Yes, we didn't get into financial services though we had seriously looked at telecom. We had a plan and a partner when the government was giving the first set of licences, but we decided against it as we did not believe in manipulating the system to get our licence. Q) The government has recently taken a lot of policy steps to get reforms moving. What's your take? More than policies, it is about good and efficient governance -- where there is clear accountability for results. Take, for example, FDI in retail. It is a non-issue. India is a country of shopkeepers. We already have a fantastic distribution system, which is convenient for the Indian consumer as there is a small shop in almost every nook and corner. Multinationals will come as it suits them. Q) If that's your opinion on FDI in retail, why did you speak to Carrefour to set up a retail chain in India? Yes, we studied the entire project with Carrefour but realised that there was no money to be made. Retail distribution in India is very good, economical and efficient and the margins are narrow and therefore hard to compete with. After we did our study, I asked Carrefour why should I invest in this business if there are no returns at the end of the day? Q) You and Ratan Tata were part of the Prime Minister's committee that made far-reaching recommendations on food security and unshackling Indian industry? Aren't you disappointed that the situation remains as grim as ever on both the fronts? I am extremely disappointed that very few of our recommendations have been implemented. We spent a lot of our time in understanding the context and making relevant and pragmatic recommendations. I met almost every stakeholder across ministries -- from the food secretary to officials in the ministries of agriculture, food, fertilisers, etc -- and all the information we gathered was from them. They are more aware and knowledgeable about the issues and problems than anyone else and yet the tragedy is that these issues and problems are not addressed or resolved. Our committee wrote about the need to set up cold-storage facilities and an efficient supply chain, which would have helped both the farmers and consumers. India still destroys 25 per cent of the food it produces and over 400 million Indians lack proper nutritious food. More wheat is eaten by rats in India than produced in Australia and more vegetables are wasted in India than are consumed in the UK. We recommended modern efficient silos and storage facilities to be created but unfortunately wheat continues to be stored in the open or in inefficient silos where it rots. It is a travesty that despite an adequate quantity of food produced in the country, the standard of living of over 400 million Indians is one of the worst in the world. Our statistics on nutrition are so sad that we should hang our head in shame. Q) So, has the government lost the plot? The barometer of India's success should not come from the stock market or the wealth of a section of Indians. The real barometer for success is having access to quality food, education, health care, affordable housing and even something as essential as drinking water. Inclusive growth in reality, not in concept, is the key success factor. The saddest part is that everyone in the government and the bureaucracy knows what is wrong with the system, and what needs to be done and yet there is no action on the ground. http://www.business-standard.com/india/news/i-feel-blessed-t hat-my-sonstogether-nusli-wadia/491709/ India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
