I just came across this lines from an interview of our RBI governor, it was very obviously pointing to a certain flamboyant CEO of a beleaguered group. I cannot agree more, the same attitude brought down the golden egg laying Beer business and the air line too, this was in some way predicted by Mr. Gopinath who sold (?) Deccan airways to the KF group in an interview he gave when the first crack appeared pointing to the obvious which an astute business man could see but unfortunately the bank did not or had no option by then.
But this is usually the case with most of the rich business men that are in public life or other wise, probably with some exceptions like Mr. Tata or Mr.Premji, Mr.Murty and his ilks, but then this are exceptions, usually people with lot of money tend to throw their weight (pun not intended)around and this is also true for common people like us who are a little better off who can afford a vehicle and a home than the majority Janta. Drive on the road and you will understand, Rickshawallas can be expected to break the signals, but when you come across a well dressed person driving a high end car and still breaking the law nonchalantly it hurts more, since they are aware that the law is being broken and know they can get away with it and this is very worrying. Once in a while Rs.500/- is peanuts for them and they are bound to haggle and argue.
I have a neighbor who is in the US of A for most part of the year, visits the homeland once in 3 months (and no he is not a Software engineer) has a car and a rented house there. During a conversation when he was asked about the traffic rules in foreign land, he explained that the fine ranges from 500 to 5000 dollars so no question of breaking the law and the police is always round the corner with cameras everywhere, so it is very expensive to break a signal and you are bound to get caught plus the license will be terminated after certain offences so you will not be able to drive, does he follow the signal here? He said no, am I mad? why should I if there is no police? When probed further, he confessed that he only follows the law for the fear of law and does not think it's a responsibility as a citizen.
And that my friends is the majority opinion, it will be difficult to change the thinking, even though he is seeing and enjoying the benefits of following the law in the USA. The basic's are all wrong here and Rajan has hit the nail on the head. The onus is on us to follow the laws that benefit the society as a whole.
And that my friends is the majority opinion, it will be difficult to change the thinking, even though he is seeing and enjoying the benefits of following the law in the USA. The basic's are all wrong here and Rajan has hit the nail on the head. The onus is on us to follow the laws that benefit the society as a whole.
There are 16 deaths in India every hour on Indian roads,
