Skip to main content

India: bottom of “good” lists, top of “bad” lists … WHY?

The cover story in Business & Economy, “Why India Ranks Near Bottom in Global Lists,” evaluates some lists in which India ranks poorly:
  • Corruption Perception Index
  • Digital Opportunity Index
  • Environmental Performance Index (worse than countries like Vietnam and Gabon; scores on sanitation and indoor air pollution, for example, are among the world’s worst)
  • Global Hunger Index (41.6% live below povery line, according to World Bank)
  • Global Gender Gap Index
  • Global Democracy Index
  • Global Peace Index
  • Global Competitiveness Index (improved lately, but still behind countries like Tunisia)
  • Globalization Index
  • Human Development Index
  • Information and Communication Technology environment and readiness rank (Iran, Maldives, and Sri Lanka score better)
  • Gini Coefficient
  • Index of Economic Freedom
  • International Tax Misery & Reform Index
  • The Environmental Sustainability Index
  • Trade & Development Index (ranked below countries like Moldova and Uganda)
Based on ”Illicit Financial Flows” by Global Financial Integrity (a program of the Center for International Policy), The Times of India reports that India is Number 5 in this “bad” list, with about $27 billion dollars flowing out of the country illegally every year.

What’s going on here?

People in India frequently point fingers at “corrupt Governments” (in just one State, the poor paid nearly 1 billion Rupees (20 million US dollars) bribe last year to get public services). But The Times of India (Sep 23, 2008) reported that 1200 companies listed on domestic stock exchanges cooked accounts.

Indian author Shobhaa De, in her column “Politically Incorrect” in The Times of India mentions “an ocean of corruption,” which to her is “the real and only curse in India.”

If corruption is present in Businesses besides Governments, might it be present in other “places” that we haven’t probed yet?

Would that discovery show us what’s fundamentally wrong? And therefore lead us to a potential Solution?

First posted in WordPress on April 27, 2009


Popular posts from this blog

Business model intimacy

The Grameen Bank success story continues to be researched and written about. Other companies have tried to repeat the Bank's model. Is there a fundamental difference between the original innovation and the followers? In MIT Sloan Management Review (Summer 2009), Erik Simanis and Stuart Hart compare the original model with that of India-based Hindustan Unilever's model and point out a crucial difference.

Grameen Bank was a result of personal bond and shared vision between Nobel laureate Muhammad Yunus and Bangladeshi farmers/villagers. Yunus and the villagers spent quality time together as a community before the innovator launched the bank. While Grameen Bank became a profitable and scalable village bank, the authors say that Hindustan Unilever's project is "unlikely to grow into anything more than a new distribution channel." While Grameen Bank generated a "groundswell" of demand," Hindustan Unilver's entrepreneur turnov…

clinton/obama/media cabal to be exposed starting june14

A lot of people have surrendered themselves to be constantly duped by leftist media outlets.

The duped people now believe things that are entirely different from facts – as regards the obama/clinton/media cabal.

For the duped leftists, the coming Inspector General (IG) reports and follow-up actions (assuming they're both carried out unobstructed) will be a shock.

The shock will be so powerful, the duped leftists may react in insane and dangerous ways. (Well, they've already been behaving in such ways, but they've been doing so for a different set of reasons and largely unaware of facts.)

Broadly, the IG reports are going to be about treasonous/ unconstitutional/ illegal activities, power abuses, and obstructions for the purpose of:

1. Exonerating a criminal Hillary

2. Covering up the crimes of the Clinton folks

3. Attempts to block a presidential candidate

4. Attempts at a coup against a constitutionally elected president

5. Obstruction of presidential duties

6. Public deception…

Elon's April 1 tweets: part of an emerging leadership style?

First his tweets and then my comments ...

Tesla Goes Bankrupt
Palo Alto, California, April 1, 2018 -- Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt. So bankrupt, you can't believe it. — Elon Musk (@elonmusk) April 1, 2018
There are many chapters of bankruptcy and, as critics so rightly pointed out, Tesla has them *all*, including Chapter 14 and a half (the worst one). — Elon Musk (@elonmusk) April 1, 2018
Elon was found passed out against a Tesla Model 3, surrounded by "Teslaquilla" bottles, the tracks of dried tears still visible on his cheeks.

This is not a forward-looking statement, because, obviously, what's the point?

Happy New Month! — Elon Musk (@elonmusk) April 1, 2018
Almost all commenters appear to love Elon's April 1 tweets. But one person commented "CEOs of public companies shouldn't be putting out tw…