Date: Tue, 16 Jun 2009 14:11:30 +0530






























> IT IS AN INTERESTING SUMMARY FOR WHATEVER ITS
> WORTH.
> 
> 
> 
> 
> 
> 
> 
> ---In this last
> Swaminomics of the millennium, I would like to sum up our
> performance in the 20th century in one sentence. Indians
> have succeeded in countries ruled by whites, but failed in
> their own.
> 
> 
> This outcome would have
> astonished leaders of our independence movement. They
> declared Indians were kept down by white rule and could
> flourish only under self-rule.. This seemed self-evident. The
> harsh reality  today is that Indians are succeeding
> brilliantly in countries ruled by whites, but failing in
> India . They are flourishing in the USA and Britain .
>  
> 
> 
> But those that stay in India
> are pulled down by an outrageous system that fails to reward
> merit or talent. Fails to allow people and businesses to
> grow, and keeps real power with netas, babus, and assorted
> manipulators. Once Indians go to white-ruled
> countries, they soar and
> conquer summits once occupied only by whites.
> 
> 
> Rono Dutta has become head of
> United Airlines, the biggest airline in the world. Had he
> stayed in India , he would have no chance in Indian
> Airlines. Even if the top job there was given to him by some
> godfather, a myriad netas, babus and trade unionists would
> have ensured that he could never run it like United
> Airlines.
> 
> 
> Rana Talwar has become head of
> Standard Chartered Bank Plc, one of the biggest
> multinational banks in Britain , while still in his 40s. Had
> he
>  been in India , he would perhaps be a local manager in the
> State Bank, taking orders from babus to give  loans to
> politically favoured clients.
> 
> 
> Rajat Gupta is head of
> Mckinsey, the biggest management consultancy firm in the
> world. He now advises the biggest multinationals on how to
> run their business. Had he remained in India he would
> probably be taking orders from some sethji with no
> qualification save that of being born in a rich family.
> 
> 
> 
> Lakhsmi Mittal has become the
> biggest steel baron in the world, with steel plants in the
> US , Kazakhstan , Germany , Mexico , Trinidad and Indonesia
> . India 's socialist policies reserved the domestic
> steel industry for the public sector. So Lakhsmi Mittal went
> to Indonesia to run his family's first steel plant
> there. Once freed from the shackles of India , he conquered
> the world..
> 
> 
> Subhash Chandra of Zee TV has become a global media
> king, one of the few to beat Rupert Murdoch. He could never
> have risen had he been limited to India , which decreed a TV
> monopoly for Doordarshan. But technology came to his aid:
> satellite TV made it possible for him to target India from
> Hong Kong . Once he escaped Indian rules and soil, he
> soared. 
> 
> 
> You may not have heard of
> 48-year old Gururaj Deshpande. His communicat ions company,
> Sycamore, is currently valued by the US stock market at over
> $ 30 billion, making him perhaps one of the richest Indians
> in the world. Had he remained in India , he would probably
> be a babu in the Department of Telecommunications.
> 
> 
> Arun Netravali has become
> president of Bell Labs, one of the biggest research and
> development centres in the world with 30,000 inventions and
> several Nobel Prizes to its credit. Had he been in
>  India , he would probably be struggling in the middle
> cadre of Indian Telephone Industries. Silicon Valley alone
> contains over one lac Indian millionaires.
> 
> 
> Sabeer Bhatia invented Hotmail
> and sold it to Microsoft for $ 400 million. Victor Menezes
> is number two in Citibank. Shailesh Mehta is CEO of
> Providian, a top US financial services company. Also at or
> near the top are Rakesh Gangwal of US Air, Jamshd Wadia of
> Arthur Andersen, and Aman Mehta of Hong Kong & amp;
> Shanghai Banking Corp.
> 
> 
> In Washington DC , the Indian
> CEO High Tech Council has no less than 200 members, all high
> tech-chiefs. While Indians have soared, India has stagnated.
> At independence India was the most advanced of all colonies,
> with the best prospects.  
> 
> 
> Today with a GNP per head of
> $370, it occupies a lowly 177th position among 209
>  countries of the world. But poverty is by no means the
> only or main problem. India ranks near the bottom in the
> UNDP's Human Development Index, but high up in
> Transparency International's Corruption Index. 
> 
> 
> The neta-babu raj brought in
> by socialist policies is only one reason for India 's
> failure. The more sordid reason is the rule-based society we
> inherited from the British Raj is today in tatters. Instead
> money, muscle and influence matter most. 
> 
> At independence we were justly
> proud of our politicians. Today we regard them as scoundrels
> and criminals. They have created a jungle of laws in the
> holy name of socialism, and used these to line their pockets
> and create patronage networks. No influential crook suffers.
> The Mafia flourish unhindered because they have political
> links.
> 
> 
> The sons of police officers
> believe they
>  have a licence to rape and kill (ask the Mattoo family).
> Talent cannot take you far amidst such rank misgovernance.
> We are reverting to our ancient feudal system where no rules
> applied to the powerful. The British Raj brought in abstract
> concepts of justice for all, equality before the law. These
> were maintained in the early years of independence. But
> fifty years later, citizens wail that India is a lawless
> land where no rules are obeyed. 
> 
> 
> I have heard of an IAS
> probationer at the Mussorie training academy pointing out
> that in India before the British came, making money and
> distributing favours to relatives was not considered a
> perversion of power, it was the very rationale of power.
> 
> 
> 
> A feudal official had a duty
> to enrich his family and caste. Then the British came and
> imposed a new ethical code on officials. But, he asked, why
> should we continue to choose
>  British customs over desi ones now that we were
> independent?
> 
> 
> The lack of transparent rules,
> properly enforced, is a major reason why talented Indians
> cannot rise in India . A second reason is the neta-babu raj,
> which remains intact despite supposed liberalisation. But
> once talented Indians go to rule-based societies in the
> west, they take off. In those societies all people  
> play by the same rules, all have freedom to innovate without
> being strangled by regulations. 
> 
> 
> This, then, is why Indians
> succeed in countries ruled by whites, and fail in their own.
> It is the saddest story of the century.
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