Friday, October 17, 2008

Socialism at its best

Jet reinstates all the employees that it laid off. This move has not come out of philanthropic nature of Naresh Goyal. Neither has it dawned upon him by some divination to take these employees back. He was threatened by Praful Patel as shown here in this article (http://www.ibnlive.com/news/patel-refutes-goyal-claim-says-he-asked-jet-to-act/76057-7.html)

I have nothing against the employees who were fired and I sympathize with them. But think of this. Such a step is definitely a step backwards. This clearly shows how Indian government is still regulating the economy with a clenched fist. Otherwise how can a government official order a private company to reverse its decision which was purely a HR issue. If the company is not doing well in such tough times, it will lay people off. That is how private sector is supposed to work. How can government interfere in HR policies of a private company is something I am not able to digest. Whatever happened to the free economy! Capitalism? Not for us Indians....

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