MY VIEWS IN THE ECONOMIST ON ASPIRING AFRICA & IN LIVE MINT ON RAIL BUDGET'13

The Economist Story on 02.03.13 : The world’s fastest-growing continent: Aspiring Africa

Comments of MILAN K SINHA

Its really encouraging development not only for the African continent in particular but also for the world community in general. With 2nd most populous continent after Asia and having the highest number of countries among all the continents, resurrection in Africa is definitely going to have perceptible impact on the world's economic and political scene. It is no denying the fact that if Africa is to grow well vis-a vis its potential & its inner urge to live a better life in days to come, as rightly pointed out in the report, it needs to take on the difficult jobs of building infrastructure, rooting out corruption and clearing the tangle of government regulation that is still holding them back. The countries must individually & collectively act in a planned & action oriented manner so that resource management is fully taken care of and fruits of growth is distributed equitably in a democratic & transparent manner.The world community (including the UN) particularly the west must come forward with open mind to support the process of resurrection wholeheartedly for ensuring faster growth with equitable justice so that every citizen of this important continent can have a decent human life in shortest possible time.

P.S: To view full story, pl. click on Link
=====================================================================

'Live Mint' story on 26.02.13 : What Rail Budget ’13 says about Budget ’13

Comments of Milan K Sinha

The Rail Budget 2013 presented by P.K.Bansal as the first Congress rail minister in 17 years after C.K. Jafarsharif, is in many ways different both politically and otherwise. Four months in office as railway minister with inherited legacy of many kinds, is definitely a short period to know and understand the basic problems facing this largest government run organisation. Hence, it is but natural for the minister to adopt a path which may  displease some sections of society  but please his own party and constituency at a time when the next general election is not far off. It is really an enigmatic issue still for many including me as to how the Minister of Railways from 2004 to 2009 in the ruling United Progressive Alliance (UPA) government could show  a profit of Rs.25000 Cr. without increasing passenger fare. His feat was so loud and profound that internationally reputed  schools of management like IIMs,Harvard, Wharton etc.  were interested in his  leadership in managing the turnaround (Earlier, the Indian Railways was a loss-making organization) and invited him to address  hundreds of future managers. He was also  lauded by the PM and the present UPA chairperson besides many congress ministers. Shouldn't  the present incumbent have consulted  him to know the secret of his management style before presenting the rail budget?

P.S: To view full story, pl. click on Link
                                                            Will meet again with Open Mind. All the Best.

# Do visit my site : milanksinha.com