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.
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