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.

Safeguard by means of 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.

Safeguard by means of 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 agenciesAgencies should present any information only

after being sure about its truthfulness.

They should put forward both aspects while

inviting investors.

conclusionBefore 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.

referencesCherunilam,F.(2006) Business Environment

Text and Cases, Mrs.Meena Pandey, Himalaya Publishing House Pvt. Ltd. Mumbai.

www.google.comwww.1000ventures.com

THANK YOU