FT´s Hugh Young had this article to express his optimism on India Inc. http://www.ft.com/cms/s/0/4f8ebac2-3108-11dd-bc93-000077b07658.html. As the article heading itself makes clear positive view while looking at India Inc. But can India also share the same future as the India Inc. Well I doubt. There is a big disconnect between India Inc. and India. (BJP party knows it well from the last election and in all probability the present government is also aware of this. In this article http://www.ft.com/cms/s/0/256c9760-2c0c-11dd-9861-000077b07658,dwp_uuid=89fe9472-9c7f-11da-8762-0000779e2340.html Satyam´s head is so much pleased with a weaker Rupee. I am not sure whether he gave a single thought about the link between the Global Oil Prices and the Indian Currency. Of course he is not paid to think about India. So who is going to think about India. Not the political parties. Since the loss of the PV Narisimha Rao´s governement nobody stood one their own and often had to bank on third parties whose interest is more to protect themselves and gain political milage rather than get things done. And now all the inflation (partly imported along with the the fall in dollar to protect the few cyber coolie companys) is going to make sure that economy is one in the spotlight. For the spiralling wage inflation, global credit crunch are going to force India Inc. to use all their competence and then they are going to realise India also needs to prosper and not just India Inc. Probably Hugh Young needs to be reminded that inspite of their earning surprises, India Inc. still has very high P/E and India has the highest deficit.
