Thursday, April 9, 2009

Corporate-Govt nexus !

I happened to be in the "south block" of a big corporate. You know what I mean by that.
An area with a lot of ultra white color strategy makers.

Whenever I spend some time here, I get some new insight. Today was not different.

When I went in, there was a special task force working on a completely non-technical thing.
A bunch of people on phone, trying to get in touch with all famous women of India. When I say famous (I can not take all the names here), reaaaaalllly famous ! Like head of state, like ex-super cop, like founder of Biotech in India etc.

And there were a bunch of people celebrating something in a corner. Wondering what is it all about, I started probing few of my privileged friends.

Here is the summary of my findings !

Govt of India in last 15 years have developed many concepts to attract multinational business. STPI and SEZ are part of these gambits. Now, there are still archaic laws that makes it very expensive to move resources between these two bodies. Very very expensive. Mainly because SEZ was created to encourage new business with new tax holiday and STPI tax holidays are over(10 yrs). But corporations do find loop holes.

So, after a long standing negotiation, the corporate has own a battle - make this movement free.
And thats the cause of celebration. Understood ! So whats up with looking up famous women ?

Here is the link - Govt. has asked, industry to encourage "Women Enterprenuers" !
Hence the rush to set up talks. Motivation speeches etc.

-----------------------------------------------------------------------------------------------
Betaal is flumoxed ! He knows its poll time and he knows, for getting something free for corporate, there is a one time favor to party that would be appropriate during poll time. Betaal also knows Govt. wants to put a official, society friendly spin on it. What better than - "We gave industry a break from duties in leau of them investing in building next-gen women enterpreneurs" ?

No comments: