Election results will be out on 16th may. Chances of UPA gaining majority with straitegic alliances are high. BJP may face trouble due to various reasons like projecting a less popular leader as PM, Not fulfillment of promises given in NDA era , etc.
Effect on Economy : If UPA or NDA will come to power , Sensex may move upwards in hope of a stable government. But if 3rd or 4th(!!!) front comes to power,then only God can save this country.
The good signs on indian economy are getting visible now due to increasing domestic demand. I think the obama's proposed tax on US companies which are offshoring the work will change the way indian IT companies are working. Now they will go to the last mile in INDIA itself for getting IT projects and they will come out of 5 star luxury of silicon velly. Lets hope for the best.
Jai Ho...
Thursday, May 7, 2009
Monday, February 2, 2009
Slowdown SideEffect : Entrepreneurship Revolution
I believe that there are always two sides of a coin named Slowdown.
India has still not caught in "recession" . But the results of quarters of many companies are depressing. Their profits are in a dip. For ex.,Bajaj Auto has faced the heat severly,so it postponed its plan to aquire stake in Triumph motorcycles. Many companies have postponed plans for expanding and come out with an IPO. Employees have fear of getting pink slips and Students from even prremier educational institutes are facing a hard time in placements.
What will this lead to?......................
As a positive side, my analysis shows that this will start the "E-Revolution" in India.
E-Revolution means "Entrepreneurship Revolution".
Natioanl Entrepreneurship Network , The Indus Entreprenuers , Wadhwani Founadation , Proto.in etc are some organizations which are supporting this activity.
Even Economic Times has launched "ET Power of ideas "
IIT-bombay , Symbiosis , SDMIMD , etc institutes have already started the E-cells for developement of Entrepreneurship among the students.
I think this is the Rise of Young Indians. The era of working in a call centre has gone, it is not attracting the youth. India's youth in in exploration mode. The postive effect is visible....
Lets hope for the Best.
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