Comments on: More Bang For The Government Buck? http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/ Issues & insights Thu, 21 Aug 2008 20:26:37 +0000 http://wordpress.org/?v=2.3.1 By: vids http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-123442 vids Sat, 17 Mar 2007 00:44:20 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-123442 i would not see ITC's e-choupal model is not "socially responsinle" marketing..its just an innovative business model which aims to cash in on the opportunities that exist at the bottom of the pyramid in a developing country like india.(refer C.K prahlad) CSR is about how one does business and revolves around "playing by the rules of the game"(milton friedman) and in the context of being ethical in running a company and also keeping in mind the various stakeholders of a business(customers,employees,environment,government,shareholders,community ) there does exist a business case for CSR...but when we have inefficient govts like ours..we must encourage companies to open up their coffers and do some good for the communities they thrive on... i would not see ITC’s e-choupal model is not “socially responsinle” marketing..its just an innovative business model which aims to cash in on the opportunities that exist at the bottom of the pyramid in a developing country like india.(refer C.K prahlad)
CSR is about how one does business and revolves around “playing by the rules of the game”(milton friedman) and in the context of being ethical in running a company and also keeping in mind the various stakeholders of a business(customers,employees,environment,government,shareholders,community )

there does exist a business case for CSR…but when we have inefficient govts like ours..we must encourage companies to open up their coffers and do some good for the communities they thrive on…

]]> By: Sweta Ram http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-3770 Sweta Ram Tue, 23 May 2006 03:03:24 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-3770 Probably, the Government should resort to a 'TALLY PACKAGE'to bring forth accountablity.. Probably, the Government should resort to a ‘TALLY PACKAGE’to bring forth accountablity..

]]> By: Jayakumar http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2355 Jayakumar Sun, 19 Mar 2006 11:05:41 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2355 Good article. I liked it. I was thinking about what you said about the leaky bucket. You know, it'd be great if the government was forced to reveal where every paisa that it spends is going. I would agree to exclude national defense but everything else should be perfectly transparent to the public. I'd like to see a big spreadsheet and piecharts showing such-and-such department ate this much money. Good article. I liked it. I was thinking about what you said about the leaky bucket. You know, it’d be great if the government was forced to reveal where every paisa that it spends is going. I would agree to exclude national defense but everything else should be perfectly transparent to the public. I’d like to see a big spreadsheet and piecharts showing such-and-such department ate this much money.

]]> By: Kedar http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2337 Kedar Fri, 17 Mar 2006 18:10:43 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2337 <i> God forbid… But i would rather like to see people die of poverty as opposed to cancer and other smoking related diseases. </i> Thats an ironic statement. People should be capable of knowing the causes of cancer and for that they should get out of poverty. They should be able to have time to spend to know about things rather than working their ass off trying to find something to eat! ITC's efforts only will help improve the economy and citizens in an improved economy will, in general have time for things other than basic needs which they are likely to use to accumulate knowledge and make informed decisions.
God forbid… But i would rather like to see people die of poverty as opposed to cancer and other smoking related diseases.

Thats an ironic statement.
People should be capable of knowing the causes of cancer and for that they should get out of poverty. They should be able to have time to spend to know about things rather than working their ass off trying to find something to eat!

ITC’s efforts only will help improve the economy and citizens in an improved economy will, in general have time for things other than basic needs which they are likely to use to accumulate knowledge and make informed decisions.

]]> By: Sabarish Sasidharan http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2295 Sabarish Sasidharan Mon, 13 Mar 2006 02:05:11 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2295 God forbid... But i would rather like to see people die of poverty as opposed to cancer and other smoking related diseases. God forbid… But i would rather like to see people die of poverty as opposed to cancer and other smoking related diseases.

]]> By: pey http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2257 pey Thu, 09 Mar 2006 06:09:22 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2257 Agree. It goes like this - would you have a) incremental and fragmented social development as a spin-off effect of a private commerical initiative, or b) incremental and fragmented social development (?) from the sediment left behind from the bureaucracy's kleptocratic filteration? At least in (a) the govt sees some recyclying in the form of taxes. Agree.

It goes like this - would you have
a) incremental and fragmented social development as a spin-off effect of a private commerical initiative, or

b) incremental and fragmented social development (?) from the sediment left behind from the bureaucracy’s kleptocratic filteration?

At least in (a) the govt sees some recyclying in the form of taxes.

]]> By: Karthik http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2254 Karthik Wed, 08 Mar 2006 16:57:43 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2254 I agree with Walker. Milton Friedman's article also clearly elucidates that, unless the company sees some financial prospectives, it will be discouraged from being "socially responsible" by the various controlling forces. ITC has major intentions of growing its business actively in the rural areas. The ulterior motive of E-choupal is to create awareness about the company and brand in a tangible manner, in rural India. I am not denouncing ITC's motive or initiatives, in fact, I want to encourage organisations that adopt a more "socially resposible" marketing methods like E-choupal. Thoughts? I agree with Walker. Milton Friedman’s article also clearly elucidates that, unless the company sees some financial prospectives, it will be discouraged from being “socially responsible” by the various controlling forces.

ITC has major intentions of growing its business actively in the rural areas. The ulterior motive of E-choupal is to create awareness about the company and brand in a tangible manner, in rural India. I am not denouncing ITC’s motive or initiatives, in fact, I want to encourage organisations that adopt a more “socially resposible” marketing methods like E-choupal.

Thoughts?

]]> By: noname http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2252 noname Wed, 08 Mar 2006 06:33:24 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2252 E-choupal is fine but ITC makes money from smoking. Corporate Social Responsibility is total marketing crap. Just look at the article by milton friedman. http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html E-choupal is fine but ITC makes money from smoking. Corporate Social Responsibility is total marketing crap. Just look at the article by milton friedman.
http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html

]]> By: walker http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2251 walker Wed, 08 Mar 2006 04:25:32 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2251 The government response (at all levels) to Katrina left a lot to be desired, but the Wal-Mart comparison falls a lttle flat. While a fine thing, keeping a few hundred stores open is a problem of much more limited scope than that which our government faced. The government response (at all levels) to Katrina left a lot to be desired, but the Wal-Mart comparison falls a lttle flat. While a fine thing, keeping a few hundred stores open is a problem of much more limited scope than that which our government faced.

]]> By: Sameer Mehta http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2250 Sameer Mehta Tue, 07 Mar 2006 17:01:11 +0000 http://indianeconomy.org/2006/03/07/more-bang-for-the-government-buck/#comment-2250 For those interested about E-choupal and such like initiatives I highly recommend reading C.K. Prahlad whose has written some fabulous books on energizing development. The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits by C.K. Prahlad is a good starter. For those interested about E-choupal and such like initiatives I highly recommend reading C.K. Prahlad whose has written some fabulous books on energizing development.

The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits by C.K. Prahlad is a good starter.

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