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Remains of a dream

Presented by:
 Nagendra Prasad.
 Amarjeet Kumar.
 Jitendra Kr. Jha.
 Abhiskek Kumar.
 Arun Kr. Pandey.
 Neha Kumar.
 Surendra Prasad Mahto.
 Radha Kumari.
Introduction
“In India, national politics still overrule
the fate of the entrepreneurs.”

• The real story of an NRI, working in Germany.


• Opportunity to set a chemical unit at Basti
(Uttar Pradesh).
• Many promises by govt. for facilities to NRI‘s.
Introduction
contd..
• Reality was different from his perception.

Irresponsible role of
 UPSIDC-:working at slow pace.
 UPFC –: non practical approach .
 UPSEB-: working aimlessly without
assessing facts.
Introduction contd..
 All the hurdles resulted in disaster of the

entrepreneur for no fault of him.


Led to insolvency of the entrepreneur.
A BUSINESS ENVIRONMENT MODEL
Environmental factors in context
of the case ‘Analysis’

Political-:priority changes with the change in the


ruling party.
Legal-:strict law and order left no options for the
entrepreneur else to file for insolvency.
Economic-: It was not favorable enough to
support new entrepreneur.
Government-: no proper framework made in
order to support the interest of new entrepreneurs.
Responsible ones

Government.
UPSEB.
UPSIDC.
UPFC.
Banks.
The owner himself.
Wrong assurance

Diluting political image of the nation.


Spoiling name of the ruling government.
Creating problems for entrepreneurs.
Distracting the investors.
Blocking national resources.
Hurdle for national growth.
legislation
‘problems likely to be
solved’

Increase confidence of entrepreneurs.

Safety for entrepreneurs.

Increase awareness and carefulness on

part of the government about their work.


‘problems likely to be
solved’
contd..

Increase public involvement –good for the society.

Attract foreign players and investments.

Would promote solving infrastructure problems of the


nation.
legislation
‘problems likely to be
created’

Promoting unethical & illegal activities.

Fade competitive environment.

Hamper economic growth.


Lessons
for-:Entrepreneur

Proper environmental analysis is necessary


for success.
Always refer for past records before any work.
Help of KPO’s is good means for information.
Familiarize himself with the laws.
Lessons for-:Government

It should be more involved in such ventures.


Bring proper legislations in interest of
entrepreneurs.
Should handle corporations with increased
carefulness.
Priority should not change according to
preference.
Lessons for-:Promotional
agencies
Agencies should present any information only

after being sure about its truthfulness.


They should put forward both aspects while

inviting investors.
conclusion
Before undertaking any project an entrepreneur
must make proper investigation regarding his
investments.
Government priority should not change with end of
their tenure.
A commission should be established to check that
proper co-ordination is maintained.
Contd..
Proper agreement should be done between
government and entrepreneur.
Seek information from KPOs before initiating any
business.
Entrepreneur should come up with alternative plans
immediately in case of any discrepancies.
references
Cherunilam,F.(2006) Business Environment
Text and Cases, Mrs.Meena Pandey, Himalaya
Publishing House Pvt. Ltd. Mumbai.
www.google.com
www.1000ventures.com
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