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Showing posts from January, 2006

Independent Republic

January 28, 2006
Vasu Reddy from Chicago
vasureddy@aol.com

Indian finance minister Mr. Chidambaram proudly points out that the Indian GDP is growing at 7%, and could possibly go to 8%. A sustainable growth of 7% to 8% GDP will definitely influence the Indian economic might globally. The Indian politicians in power are making statements that imply the current government policies are influencing the excellent but sustainable GDP growth. The current government is less than two years old, and it is practically impossible to influence a GDP turnaround in that short span of time. The real architects of the forward looking economic policies; Dr. Man Mohan Singh and Mr. Chidambaram who originally were in the early 1990s government of Mr. Rao, today run the country and its finances. The growth in GDP should be attributed to the long term and positive influence of the then progressive looking government, and the good fortune to have the same leadership back in power after fifteen years to enh…

Congress And Andhra Pradesh

21 January 2006
Vasu Reddy from Chicago
vasureddy@aol.com

As I write this week, the Congress party is having its AICC Plenary session in Hyderabad. Every Congress leader that has any position of power in India is probably in Hyderabad. It is not astonishing that every newspaper, every Internet magazine and every TV station is covering this event in great detail. It should as Mr. Man Mohan Singh and Mrs. Sonia Gandhi are both heading this up, and are in same location for 3 days. I am always fond of Hyderabad and Andhra Pradesh. Also, I am fond of our food (actually all food, but partial to Indian food). I am also fond of the development these great big events will bring to the infrastructure. To enlighten myself I have been watching with great interest the happening just before this big Congress party gathering in Hyderabad. The usual stuff listed has been happening in preparation for the big gathering of Congressmen and Congresswomen in Hyderabad.

Ø Roads widened and cleaned.
Ø…

Corruption Of Mind

January 8, 2006
Vasu Reddy from Chicago
vasureddy@aol.com

Pay for performance was my dear friend Colin said, when we spoke of the financial results of our old company we both worked for in the mid 1990s. It has been long since we worked for someone else, but when a reader asked me to write about corruption this past week, I had to think of my own take on how to deal with corruption.

Much of my working life I have been a business development guy, traveling world over. I was in many countries when it was still communist or government controlled environment, and worked hard to make the two big companies I worked for many a profitable ventures. I learnt a lot from my experiences and made many friends across the world, and still keep them in cherished position. I am 100% sure that countries such as India where I worked hard on being on the teams working on privatization, have come a long way and millions of people working in the private enterprise. In a recent visit to Delhi, I was told m…

Privilege of an NRI

January 14, 2006
Vasu Reddy from Chicago
vasureddy@aol.com

In the past few weeks as in most of the last few weeks of December every year, the planes are busy with folks going to India and coming back. Be it Chicago, be it Frankfurt, be it Hyderabad or be it London, the planes are bustling with Indians going and coming. Lot of people are traveling and at the same time and a lot of their families are also going back and forth and adding to the big crowds at every airport that has a flight to India. No matter what airline and no matter what airport, lots of our folks are getting on planes. Travel is cheap, and the families are larger and the numbers are bigger. All of us, with NRI status and our families simply go back and forth and can afford this long journey much easier than the olden days. I mean olden days simply because, a phone call was a luxury in the days when we had smaller NRI population, but I believe a reported 1.4 million people of Indian origin now living in USA, and their ex…