Tuesday, January 13, 2009

'Satyam' is much more than 'India's Enron'.

Satyam Fraud, as is widely perceived by Indian IT bullies and politicians, is not at all an short run phenomenon. Satyam Fraud is going to have an deeper and long term impact on India's image of swiftly developing economy. Here is a short analysis of why India cannot avoid Satyam's repercussion by just media management.
Here i am discussing some incidents happened in last two or three years.
Given the fact that Americans are coward by nature and pretend to be very sophisticated, these events will only create a disgusting image of India in the eyes of American and European investors.
1) Some 200 worker of an MNC (i think it was German), came angry in the office and just kills the CEO of the company cold blooded. Remember Noida is a prominent Industrial Area of India.
2) Adobe India's CEO's son kidnapped in day's light. Again Noida is a prominent Industrial Area of India.
3) India is a country where the participants in the government themselves halt the country through strike. I am talking about communists and there airport strike. If the government, itself will create strikes then who will address the problem.
4) We have different powerful associations in India, who have fixed quota of their strikes. Trucker's have fixed the limit of two strikes a year. The worst part is, they can virtually stall the country.
5) If you are a American Investor then don't come to India, because Indian government can not protect you even in high profile areas like Taj.
6) If you want to situate a factory then go to moon as India cannot get you peaceful land. (Tata Nano Singur plant)
7) Those who are expected to check any attempt of lockout, can be out for strike. (oil industry's senior people)
8) Neither we can protect our self nor we can attack our enemies. We have a wall between us and our enemy, name of the wall is 'America'. Whenever we are angry with our enemy we just smash our head on that wall, hurting only our self.
'Satyam' might be the limit.
We may no more remain attractive for the world.
Now we need some harsh decisions from the public not the government, at least this time.

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