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Calling the Prime Minister a 'chor' (thief) is a national shame. Slamming the establishment is something we all cherish, but when it comes repeatedly from eminent industrialists like Azim Premji and Ratan Tata, then we must understand that there is something wrong. The IT czar had expressed deep concern about the state of India’s economy and stated that “we are working without a leader as a country.”
Calling the Prime Minister a 'chor' (thief) is a national shame. Slamming the establishment is something we all cherish, but when it comes repeatedly from eminent industrialists like Azim Premji and Ratan Tata, then we must understand that there is something wrong. The IT czar had expressed deep concern about the state of India’s economy and stated that “we are working without a leader as a country.”
On another occasion, the Wipro chairman had warned that the government suffers from a total lack of decision-making and that was something which could cost the country dear. It is not Premji alone who has aired the caution, but other entrepreneurs of the country as well. Former chairman of the Tata Group Ratan Tata said that the leadership deficit in India was aggravating the economic crisis. “There are leaders whom I’ve respected all through my life for their public life. But something has happened that has diffused the leadership. We don’t have leadership that we have been talking about, that is leading from the front,” Tata said in an exclusive interview to CNN-IBN on the leadership deficit and economic crisis in the country.
The rupee is losing its value day by day and has hit a historic low Rs 69 against the US dollar, stock market is volatile, jobs have shrunk, the economy is crawling, inflation and interest rates remain high, the current account deficit is threatening, manufacturing has hit the buffers and the opposition complains of policy paralysis. Terrorists are striking across the country and the neighbours are taunting us, whether it is China, Pakistan, Bangladesh, Sri Lanka or even a small island like Mali. The government seems to have no clue and has run short of ideas. To make matters worse, India’s polity looks broken and chaotic; bi-partisan system has collapsed; plurality of parties has made way for tenuous alliances and nothing much gets done these days in parliament.
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