Remains of a dream
Presented by: Nagendra Prasad. Amarjeet Kumar. Jitendra Kr. Jha. Abhiskek Kumar. Arun Kr. Pandey. Neha Kumar. Surendra Prasad Mahto. Radha Kumari.
Introduction “In
India, national politics still overrule the fate of the entrepreneurs.”
• The real story of an NRI, working in Germany. • Opportunity to set a chemical unit at Basti
(Uttar Pradesh). • Many promises by govt. for facilities to NRI‘s.
Introduction contd.. •
Reality was different from his perception.
Irresponsible role of
UPSIDC-:working at slow pace.
UPFC –: non practical approach .
UPSEB-: working aimlessly without assessing facts.
Introduction contd.. All the hurdles resulted in disaster of the
entrepreneur for no fault of him. Led to insolvency of the entrepreneur.
A BUSINESS ENVIRONMENT MODEL
Environmental factors in context of the case ‘Analysis’ Political-:priority changes with the change in the
ruling party. Legal-:strict law and order left no options for the entrepreneur else to file for insolvency. Economic-: It was not favorable enough to support new entrepreneur. Government-: no proper framework made in order to support the interest of new entrepreneurs.
Responsible ones Government. UPSEB. UPSIDC. UPFC. Banks. The owner himself.
Wrong assurance Diluting political image of the nation. Spoiling name of the ruling government. Creating problems for entrepreneurs. Distracting the investors. Blocking national resources. Hurdle for national growth.
legislation ‘problems likely to be solved’
Increase confidence of entrepreneurs. Safety for entrepreneurs. Increase awareness and carefulness on
part of the government about their work.
‘problems likely to be solved’ contd.. Increase public involvement –good for the society. Attract foreign players and investments. Would promote solving infrastructure problems of the
nation.
legislation ‘problems likely to be created’
Promoting unethical & illegal activities. Fade competitive environment. Hamper economic growth.
Lessons for-:Entrepreneur Proper environmental analysis is necessary
for success. Always refer for past records before any work. Help of KPO’s is good means for information. Familiarize himself with the laws.
Lessons for-:Government It should be more involved in such ventures. Bring proper legislations in interest of
entrepreneurs. Should handle corporations with increased carefulness. Priority should not change according to preference.
Lessons for-:Promotional agencies Agencies should present any information only
after being sure about its truthfulness. They should put forward both aspects while
inviting investors.
conclusion Before undertaking any project an entrepreneur
must make proper investigation regarding his investments. Government priority should not change with end of
their tenure. A commission should be established to check that
proper co-ordination is maintained.
Contd.. Proper agreement should be done between
government and entrepreneur. Seek information from KPOs before initiating any
business. Entrepreneur should come up with alternative plans
immediately in case of any discrepancies.
references Cherunilam,F.(2006) Business Environment
Text and Cases, Mrs.Meena Pandey, Himalaya Publishing House Pvt. Ltd. Mumbai. www.google.com www.1000ventures.com
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