tag:blogger.com,1999:blog-8726844009873922462.post958563287644265699..comments2024-03-28T05:22:10.255-07:00Comments on Broadsword by Ajai Shukla - Strategy. Economics. Defence.: Industry expresses cautious optimism over draft defence production policyBroadswordhttp://www.blogger.com/profile/13076780076240598482noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8726844009873922462.post-11165214639842193882018-03-27T02:21:23.460-07:002018-03-27T02:21:23.460-07:00The irony is that the fact that the government is ...The irony is that the fact that the government is making such detailed plans is why it is bound to fail. The market decides any more government inference will just prolong the agony.<br />The eight defence public sector undertakings (DPSUs) and 40 ordnance factories (OFs) should be broken into bits and sold off. Management buyouts should be prioritised by offering legal help and private consultancy to employees who wish to take ownership, that’s the limit of Government assistance to deadwood, FULL STOP. <br />The offering should be made internationally as well! The true value of these companies will determined by the market. There will be a survival of the fittest, if you are not competitive (on a worldwide basis) you close down as simple as that, no protectionism, It’s called tough love.<br />Before the sale of government assets, existing order books be scrapped with the undertaking by the government that future orders will be placed with no favouritism. The government is advised to take a strictly hands off approach. Any protectionism will be most unwise and government to source via competition worldwide as it does for most of its arms imports already.<br />This is how a thousand indigenous flowers will bloom as time goes by.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8726844009873922462.post-46236157447472247712018-03-27T01:37:30.230-07:002018-03-27T01:37:30.230-07:00Our state planners and bureaucrats have a propensi...Our state planners and bureaucrats have a propensity to ‘talk the walk, but never walk the walk’.<br />These are all grandiose plans on paper. Every MD from our defence industry colludes with this absurd pretence, nobody points out this Emperor of government policy has no clothes. <br />A father whose little son an established ‘kuddu’ (pumpkin) in school was given this simple advice. “Son in everything you do follow the brightest boy in your class, you will never go wrong.”<br />India should follow Singapore in market policy, as it now established that Indias decision makers are both corrupt and stupid, incapable of making intelligent decisions.<br />The System is inefficient and creates nothing but big bureaucracy that increases the cost of doing business for everyone. This huge public sector industry exists because the rule of law is weak and corruption is a common in the highest echelons of power. The Indian Government (if it does not keep its long nose out of India’s defence industry and allow a free market), will create more public sector monsters, more ‘Air India’s’.<br />Our defence industry has failed after 70 years of trying since independence. We have been compelled to become the biggest arms importer in the world. <br />For heavens sake. Give the bright intelligent people from companies like Larsen and Turbo an opportunity to shine by creating a level playing field as advised by one MD.<br />Meanwhile the excelled journalism from this blog continues to dish out the grim truth to the public! <br />Anonymousnoreply@blogger.com