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Created by : Disha Roy, Lecturer, St Xaviers College  | 12 21 2010 07:21:21 +0000
Industry : Radio, TV & FilmsFunctional Area : Politics(Personal Interests)
Activity:  647 views;  last activity : 06 19 2011 17:17:42 +0000

India's buoyant growth has attracted international attention but multinationals wanting to enter many sectors are ‘frustrated’ by local laws, also the delays in project execution and high valuations are hobbling investment in a market dominated by family-owned companies. with this sort of attitude we are just denying many to invest in our country. So, what do you think people, Is India plagued with Red Tapism??

 
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Yes, India faces constraints, many of which multinationals are just beginning to experience first hand.  "India has liberalised sectors such as retailing at a controlled pace. Foreign companies can own only 51 per cent of single-brand shops or can become wholesalers frustrating the efforts of international players to gain a foothold in the country. And also favour Indian co's even when they don't have expertise in it, whereas a MNC who has done really good else where is not given chance here, and with so much of corruption and the nexus between politicians, bureaucrats and businessmen is hampering growth for India.


By Disha Roy, Lecturer, St Xaviers College  12 21 2010 07:21:21 +0000
 
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No, every country has its constitutional and regulatory problems. Organizational bodies and different ministries of India have been given sufficient discretion to find alternatives for a stringent rule in order to do needful acts. There are only a few countries other than India, having such a big and formulated constitution. A large no of amendments are done every year in order to maintain liberty of everything. There is still enough space for trade, industry, business and investment - these are almost free from all sort of bureaucratic rules and rigid conformity of formal ruling. In many other countries official formalities are even stricter.


By Kaushik Ghosh, Senior IT Officer, Minstry of Defence, Govt. of India  12 21 2010 14:01:32 +0000
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Yes Red tapism in India is not new. Now it became a part of corruption. But for Indians & domestic companies not for MNCs. India is the favorable destination for whole world. Foreign countries are more strict than India in the regard.
By Vipin Bhasin, Private Equity/Hedge Fund/VC-Manager, Indian Investment Co.  | 06 19 2011 17:17:41 +0000
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Actually it has become a habit now, consciously or unconsciously almost all of us tend to delay things, the cob web of never ending system just adds insult to the injury and both of these make a great combination to Plague India with Red tapism. Cheers!


By Mohan Murari, Marketing Manager, Confidential  | 06 19 2011 16:09:24 +0000
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I agree that red tapism has somewhere made India inefficient.The excessive paperwork , the long systems to get the work done have created hindrances for its progress . The judicial system has often been mocked for its never ending proceedings which sometimes extend to 30 years .
By Deeksha W, 12th student, school  | 06 19 2011 05:32:32 +0000
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It's not sound great, but the fact.


By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 02 07 2011 05:30:01 +0000
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Absolutely. I am surprised that you are even asking !
By Jaygopal Raghavan, Marketing Manager, Landmark Group  | 01 08 2011 17:14:53 +0000
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yes very true red tapism is ruining india in each and every sector of the business
By sushanttomar , Relationship manager at india bulss  | 12 25 2010 14:46:06 +0000
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The sad fact is India is immersed in red tapism.


By s.baalu , Consultant, XYZ LTD  | 12 25 2010 12:27:11 +0000
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Disha, you are right and the unfortunate truth is weather it is rules regulations or methods of conduct in governance, post independence, we have altered solely if it benefitted the politician's or bureaucrats. Nothing has changed for benefit of populace or business growth. If any changes did happen they are mostly as result of lobbying to make fast buck to share the loot that too, only to suit certain groups or individuals and not on methods. Any other changes that have occurred are forced by requirements of time and pressures to face electorate. Hence the historical "Burra Saheb" remains in all office place although skin color may have changed. 


By Ravindra Sharma, Managing Consultant, CHEF-India  | 12 23 2010 05:10:10 +0000
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I shall accept your views up to some extent. No doubt India is plagued with red tapism. However the views posted by Prof.Krishnamurthy Prabakar seems correct. While comparing India with other countries, India is more liberal and flexible in dealing with MNCs. The MNCs have to operate in line with the regulations which are in force in India. we can not allow everything liberalized. Thanks for the referral Ms.Disha Roy.


By NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  | 12 22 2010 16:33:57 +0000
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What we can do? Every body knew that we could do just nothing.
By Anand Sharma, Monitoring the research funded by DIT, Department of Information Technology  | 12 22 2010 12:59:45 +0000
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yes, it is bcoz of the re tapism and the thinking of the superhuman BABU's that we have double the number of poor that we had after independence coz it benefits them to have more poor to make newer policies to eradicate poverty which never will be?


By suresh , Surgeon, H.P Govt  | 12 21 2010 17:27:24 +0000
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YES I AGREE TO YOUR ARGUMENT THAT INDIA IS PLUGGED WITH RED TAPISM BY THE POLITICIANS AND THE ADMINISTRATION.
By rakeshbhatnagar , GM Projects., wig brothers india pvt.ltd.  | 12 21 2010 16:47:10 +0000
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India is plagued with a lot of bureaucracy and corruption. The red tape will have to give way to the green tape when most of the things get computerized and a system is built on a code of ethics that will not be violated under difficult circumstances !

However, this appears to be an uphill task even though there are ameliorating environments that are improving the urban landscape. We need to observe and contribute for the future so that things shape up well.....

Thanks for the referral, Disha....


By Badri N Srinivasan, Head - Quality, Valtech India Systems Pvt. Ltd.  | 12 21 2010 14:46:35 +0000
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CERTAINLY CORRECT AS EVERYBODY MUST HAVE SEEN THEM BUT THE PROBLEM LIES IN CLERKS NOT OFFICERS. OFFICER ONLY DON'T WANT TO CHANGE THE WORKING PATTERN i.e. USING MAIL, FAX etc. for routine correspondence rather to make file & become dependent to CLERKS
By ASHUTOSH SRIVASTAVA, Senior resident, SGPGI  | 12 21 2010 14:00:06 +0000
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Mr. Krishnamurthy Prabhakar, Professor, Velammal Engineering College i m with u and i think i cant add any think with your argument.
By Anand Sharma, Monitoring the research funded by DIT, Department of Information Technology  | 12 21 2010 13:10:20 +0000
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it has always been plagued with red tap ism created by Britishers since independence they have been replaced by Indians no change in rules.
By Rajeev N.Bhatt, Equity Trader, self employed  | 12 21 2010 10:44:03 +0000
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The reason Disha is the design of the system. You should know that this is the only country in the world the bureaucracy is not accountable. It is the legacy from the British Raj. They never wanted their officers accountable for their actions. This had led to this situation. Combined with the political corruption, with the nexus of babu-politician-judges-police-criminal combination with the matrix of caste-class-religion it is just lethal. I am really worried about the youngsters for whom we are leaving a country which lacks values, which was one of the strongest in India. However, allowing foothold for MNC's in India is another aspect. Do you think an average Indian consumer will be benefited by the MNCs. Def. not. For this please ask a different question and i will answer the same.
By Krishnamurthy Prabhakar, Professor, Velammal Engineering College  | 12 21 2010 08:07:45 +0000
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root cause is the poor politicians tryinng for encashing everything
By Mahendra Raval, Freelancer, Freelancer  | 12 22 2010 06:22:38 +0000
 
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