grown at a tremendous rate, with his revenues
increasing each year substantially, and
on the other national carrier, Air India
which is a public sector unit is struggling
to survive. The national carrier has incurred
loss of over Rs 7200 crores & accumulated
a ‘massive’ Rs 15,000 crores
as debt. The problem is that Air India was
run comfortably if not profitably over the
past so many decades. The real problem started
in the 90’s when a series of irrational
steps were taken by the management. But
the main trigger point for the speedy downfall
was the merger of Air India with the government’s
domestic carrier ‘Indian Airline’.
Employees in the organization blame the
merger as the main cause for the abysmal
financial position of Air India. Other major
carriers Jet Airways & Kingfisher are
also under huge debt and fighting to stay
afloat. Many from the industry blame the
genius ‘businessman’ cum minister
Praful Patel for not helping the sector
to come out of the mess in any way.
Sharad Pawar the union agriculture minister
might be having a tough time fighting the
drought that has hit the country but when
it come to his own business he has been
laughing away to the bank. Though on paper
his assets are worth 3.6 crores, but his
family has business interest in agricultural
land on prime highways which if converted
to non agricultural land would fetch a premium
of atleast 300%!!! His family also has huge
stakes in various projects build around
Mumbai & his party controls 70% of the
sugar factories in western Maharashtra.
According to an article in ‘Covert’
magazine there is a famous joke in Maharashtra
about Pawar’s wealth, which people
say is enough to run 5 Delhis!!!...But yet
the state of agriculture is in doldrums.
One cannot blame the minister for the drought,
but what about the steps been taken to reduce
the damage. Between 2004 & 2008, from
the time Sharad Pawar has been the union
agriculture minister, the average number
of farmer suicides per year has been 17,513.
Assuming that the number will remain the
same for this year as well, even though
it has been declared a drought year, the
total number of farmer suicides would be
touching 90,000!!
These are just two examples from the current
union cabinet of ministers who have been
super successful businessmen but complete
failures in lifting their sectors. The idea
is not to target these 2 politicians, as
there are many more such names…some
of them making wealth illegally. Making
personal wealth is not a sin for a politician
as long as that is done legitimately. But
when successful businessmen fail to lift
their respective sectors as ministers, then
it really leaves a big question mark on
his ability to deliver.
Sharad Pawar is also the International Cricket
Council’s (ICC) president in waiting
and has been the successful president of
the cash rich Board of Control for Cricket
of India (BCCI). Praful Patel is also on
the verge of becoming the president of the
All India Football Federation of India (AIFF).Both
are known for their business & administration
acumen. Then why is that these two ministers
have completely failed in their respective
sectors???? Aviation ministry was booming
3 years back and is now on the verge of
a breakdown. Patel will be blamed for some
of the policies and his inability to help
the sector to fight the crisis. Many would
argue that globally the aviation sector
is struggling, but then what would one say
about Air India, which was atleast was able
to some how sustain itself till 2 years
back. The merger of Air India & Indian
airlines (Patel’s brainchild) was
implemented against the wishes of many has
proved to be a blunder. Similarly, Pawar
has failed to device any kind of methods
& concrete strategies to help the farmers.
It would be unrealistic to completely eradicate
farmer suicides in 5 years which has been
an ongoing agony for years, but in the last
5 years including the ones in which the
rainfall was good, Pawar has failed to bring
the number of suicides down. There has been
no sign of any willingness to curb this
ongoing deadly financial & social virus.
In fact in 2006, in the Vidarbha region,
which is in his home state of Maharashtra,
4000 farmers committed suicide. Even if
10% of the revenues which the BCCI generated
in the last 5 years were invested in helping
the farm sector, atleast a few thousand
farmers could have been saved.
It would be unfair to generalize all businessmen
cum politicians in the same bracket. The
Sibals, Marans have atleast proved their
agility in their respective sectors. But
if changes for these important portfolios
are not made soon then it won’t be
surprising to see the current UPA government
leaving a new legacy behind in the form
of ‘Union (Failed) Minister of successful
businesses & sports bodies’. |