One of the main concern which is agitating the corporate minds across sectors as emerging from the articles in "Budget Line" is the government's attitude and attempt to micromanage issues instead of staying aloof. There is open cry to go for a thorough Process Re engineering.
If Mr. Ravi uppal, is agitated about "C" form, Deemed Export and VAT issues, and raises it as a point for discussion in a public forum, one must realise the impact that is having on the performance of major organisations. All the major players in the industry know that physical part of any business transactions gets completed quickly; but the corresponding statutory complaisance's take years to close. Obviously any prudent organisation, would like to look at the possible liabilities on these counts and address or provide for. It is time that Government addresses these issues and does a thorough review of the process and overhauls it.
Another anguish which is emerging again across sectors is the lack of commitment for the implementation schedule from government. In a scenario where the government identifies a project and provides funds, the implementation wing should achieve scheduled completion. But instances where this happen as in the case of Delhi Metro are less. The lack of commitment on the part of a few of the implementation in the wings of the government could derail the whole project. May be the government should outsource implementation!
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