Common Programme For Indian Inc. ?
it has been well documented by each and everybody concerned with Indian that the economic reform started in 1991 under the aegis of then Prime Minister P. V. Narasimha Rao and Finance Minister ( now Prime Minister) Dr. Manmohan Singh is irreversible whatever the political situation in the country is. It is just a case of different approach to carry on the national agenda! Nothing can prove this point more than the left front which are presumed to be the thorn in India’s progress, seeking private participation and foreign direct investment in their endeavor to bring to national prominence of the only significant state they rule i.i. West Bengal. They are even ready to get into collision with the poor ( for long they have claimed to be champion of the poor) in their drive for land acquisition for industrialization. This has been well documented by their brutal repression of poor farmers in an obscure but promising area called Nandigram.
Under all these circumstances, the Indian industry as a hole want broader understanding and collaboration by major political parties from broader spectrum to draw a common programme on economic and induatrial policies for India. Recently FICCI ( Federation of Indian Chambers of Commerce and Industry) has urged the political leaders in this regard and pledged to help them to draw a broader policy that would be acceptable to all parties concerned irrespective of their political affiliation.
The other major industry forum CII ( Confederation of Indian Industries) has also supported the move. In a statement Marut Sengupta, head of policy at CII said that
“If this happens, it will create a greater degree of understanding between industry and government.”
Rajeev Chandrashekar, the newly elected president of FICCI said that the policy would focus on the government’s role in strengthening independent regulators, increasing economic efficiency, improving institutional framework and restructuring government expenditure. The chamber plans to hold lots of seminars in this regard to promote their agenda.
This is to be noted that the present coalition UPA government is running on a Common Minimum Programe envisaged by the left front. So Industry proposal is nothing new and should find greater support that could probably usher in a new dynamism in India’s growth story.
