Lived with recession for almost two years. We continue to live with it.
The tolerance exhibited by one and all, either it be industry or banks, either it be stock or commodity, either it be media or infrastructure, has numbed the highly jeopardised sensational outbursts.
The pent up emotions in the facets of business had previously steered throough an inaccessible directions.
Any one ,with muscle power, discreetly or indiscreetly could rig the basis of business- "straight forward transactions"
The methodical approach to the financial aspect of commerce, which lies in the barter of products, which undermines the .import and export policies, which registers in the commissioning of projects, which insinuates in the sanctioning of loans, has been thrown to the bones.
The back door entry into the commercial world has hampered the progress of economy.It circumvented in the messing up of produce, in illegal transfer of import and export, in illicit deals of promotion, in extraneous manipulation of bank loans..This entry has ransacked business.
Only after a fall, we can expect a cautious walk
The down turn has taught all of us a lesson, though bitter, to take measured steps in our effort to turn the events to a best proportion.
Saturday, January 2, 2010
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