Wednesday, June 25, 2008

Chief Minister of Uttar Pradesh

An engineering graduate from BVM College, Naik’s vision is to become a big player in the country’s nuclear energy sector where L&T already provides engineering, procurement & construction services. Known to be a true blue professional with high ethical values, Naik is on a mission to transform L&T into a globally known conglomerate. And finally, the Dalit queen, Mayawati who after becoming the Chief Minister of Uttar Pradesh for the fourth time has given a rude shock to corporate India. She has ordered the closure of all stand-alone retail outlets selling fruits, vegetables, et al, in her state – mainly Reliance Fresh and Spencers. The reason: these stores entice law & order problems. Recently, there were huge protests against Reliance outlets at Lucknow and the controversial BSP leader thinks that this move will save the livelihood of farmers who would otherwise suffer due to these upcoming retailers. A law graduate, Mayawati had also announced an agriculture investment policy for the benefit of farmers on August 3 (which allowed private companies to enter into a contract with local farmers, procure crops directly from them and open retailers centres). But the lady withdrew the policy on August 23, as she felt that farmers in UP were annoyed with the corporate farming clause. Now that’s what we call a 360 degree about turn! 4

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Source :
IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative


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