Friday, June 15, 2007

The Prez: Our Economic Envoy.


India is truly a democratic country when it comes to sharing the power-pie. The latest round of political dangal for the 12Th President of India has now reached its crescendo. Any politician who is above the age of 60 is being projected as the next president.

I am writing this article not to take pot shots at our political Kichidi. I have a very precise objective.To put it in simple words move the “Rubber stamp” status of the President to the Position of International Negotiator of Socio-Economic Agenda.

He will be having two precise responsibilities. First, he should continue to host social –political dignitaries and improve India’s PR among the International community.
Second, let our president become the spearhead of attracting Foreign Investment in India. It will be five-member Economic Expediency Group (EEG). Led by The Prez, with one representative from Ministry of Finance, External Affairs, Law Ministry and the new Ministry of Corporate affirm. Covert the President Body Guard into PREZ: Board of Investment Hunters. Their primary focus should be to prepare a single document that suggests “How to Invest in India”.  It should be our agenda that we attract industry which attracts a lot of sister industries e,g automobile will attract a lot of ancillary units. The bottom line should be the timeframe of implementing this project. We should also put into place performance criteria for the Prez. It can be very simple, after each tenure, an achievement schedule should be made which will summarize how projects were won during his tenure and what was the inflow of fund and how much wealth (economic and human) was generated by this inflow in India.

Therefore our president should be somebody who is having experience in “Modern day Business Paradigm”. If he is a greenhorn in business, he should be ready to re-learn the new game of ‘The Prez: For the business”. It is no point having people at this high position, who are good at political pipe dreams and are at the fag end of there personal and political career. If we look at President Dr Abdul Kalam, a tenure where he has made all the right moves. Now its time that we formalize this high sounding position works for our economic benefit.
If Sonia Gandhi wants to make a statement to the world by forwarding a woman to be the next president, I welcome her gesture, but let the President be ready to attend a fast-track 1-month Business Acumen Class at the IBS, Hyderabad.


I know that it’s a dream what I am trying to propose. But dreams are meant to inspire us.