Last Updated on January 9, 2014 by MBAUniverse.com News Desk
Essay topics for MBA: Lack of transparency & corruption make India a difficult place to do business
This article is on the Essay topics for MBA Lack of transparency & corruption make India a difficult place to do business for MBA Admission 2014.
Establishing a new business venture in a country having as diverse and complicated system like India is not an easy process. Most of the people who want to establish new business have to go through many obstacles placed by the system which should be largely single window and simple.
Being one of the fastest growing economies of the world India has become one of the most favourite choices for foreign investors. But there are still many formidable challenges out there for foreign investors eyeing up to do business in the country.
The complicated rules of the government and the prevalent red tapism in the system also play a big role in creating hurdles for the establishment of new business in the country. The way files move at a slower pace in government offices also make the establishment of a new business difficult.
Essay topics for MBA: System needs to be more transparent
Most of the times lack of transparency in the finance regulating system of the country, makes establishing a new business a troublesome process. There is always a need for greater disclosure of information on part of the regulatory authorities like Trade and Tax controlling departments. For successes of business and markets there is a dire need for openness and transparency of the regulating systems so that the business can run smoothly without facing any hurdle. Most of the times, the lack of transparency results into lack in acquiring enough resources to establish a successful and thriving business. The lack of transparency on part of the governing bodies creates an environment of uncertainty due to which the companies often shy away from doing long term planning leading them to a short term focus which ultimately leaves an adverse effect on the business. The lack of transparency in the system leaves the NRIs wanting to establish their business in India confused as they are not accustomed to the high level of red tapism and hurdles faced by the businesses in India.
Click here to score high marks in GD PI WAT at Top B school for Admission 2014:
http://www.mbauniverse.com/gd_pi_preparation/gd_preparation.php
Corruption: Biggest obstacle in establishing a new business in India
Transparency International in its study on index of corrupt countries in 2012 placed India at 94th rank out of 176 countries while Somalia tops the list. Corruption in all walks of life in India is making it weak and has adverse impact on its growth. As per an estimate 80% of the public servants in India are corrupt because of which the wheel of growth is being pulled down. This also adversely affects setting up of new business in the country as to set up a new business one has to go through various levels of red tapism most of the times and still there is a culture of bribes in most of the government offices.
The people have to pay bribe to get a job done in a public office. As per an estimate more than Rs.24,000 crores is paid in bribes.Government regulators and police share in bribe money. Various government officials, politicians in connivance with Criminals tend to create problems for anyone willing to establish a new business in the country. The connivance of politicians and criminals hampers the establishment of new business in the country.
Political and regulatory risks also pose a major challenge to the investors willing to set up their business in India. Apart from all that the foreign investors also have to face the challenge of facing rampant bureaucracy at various levels of the system. The procedure of filing various types of taxes and other fees is also very complicated which leaves many open loop holes for the officials to make money through bribes and commissions.
Conclusion:
In India there is a need to make the process of establishment of a new business more easy and business friendly so that the foreign and local investors both are not faced with the complicated system which becomes the main reason behind their disillusionment with the Indian market.
CAT 2013 Results
CAT 2013 results on Jan 14; more than 15,000 candidates to get calls for IIMs
CAT 2013 Results to be declared on January 14, 2014
IIM Admission criteria 2014: Final Selection criteria of seven older IIMs?
IIM Admission criteria 2014: How to get shortlisted for seven Older IIMs?
New IIMs Common Admission Process 2014 to reduce burden on candidates
IIM Admission Process: 10,000 candidates to be shortlisted for 6 new IIMs
Solved WAT Essay topic for MBA Admission 2014
WAT Topic for MBA: 2014 General elections will be a watershed for Indian democracy
WAT Topic for MBA: Corruption is the root cause of current economic and social woes in India
WAT Topic for MBA: Indias 1.2 billion population is an asset for the country
WAT Topic for MBA: India has more skilled Human Resource
WAT Topic for MBA: Indo-US relations; how much beneficial for India
WAT Topic for MBA: FDI in multi brand retail is a boon or bane
WAT Topic for MBA: Is ASEAN a defunct Group
WAT Topic for MBA: Essay writing; fasten your belts
Essay Writing and WAT in IIMs: Role, Importance and Weightage
Click for more WAT topics for MBA
Solved GD Topics for MBA Admission 2014 :
GD Topic for MBA: What India gained at the WTO DOHA Round
GD topic for MBA: Political activism is the only way to root out corruption
GD Topic for MBA: New Lokpal will be effective in curbing corruption
GD Topics: Gender bias in portraying Women in Advertisements
GD Topic for MBA: RBIs new governor has taken adequate steps to improve Indian Economy
GD Topic for MBA: Corruption is the root cause for Indian Economy slowdown
GD Topic for MBA: The rise in vegetable prices is a man made farce
GD Topic for MBA: Opinion Polls be banned in pre election period
GD Topic for MBA: Should business lobbying be made legal in India?
GD Topics: Will India remain way behind China?
For any doubts and queries related to the exam pattern, preparations and other related queries about MBA entrance exams like XAT,IIFT, NMAT, SNAP, CMAT, IBSAT, MICAT and MBA Admission 2014, click here http://www.mbauniverse.com/mbau_faq/client.php
Following articles will provide all the key details decide which B school to apply:
MBA in Delhi/NCR
MBA in Cochin
MBA in Bangalore
MBA in Chennai
MBA in Ahmedabad
MBA in Bhubaneswar
MBA in Hyderabad
MBA in Mumbai/
Pune
MBA in Delhi
MBA in Pune
IIM Ranchi
XLRI Jamshedpur
FMS Delhi
SPJIMR Mumbai
IIFT Delhi
TAPMI Manipal
Click here to score high marks in GD PI WAT at Top B school for Admission 2014:
http://www.mbauniverse.com/gd_pi_preparation/gd_preparation.php
GD PI WAT Preparation for MBA Admission 2014
Know 10 Important Donts for Essay writing
GD Topic for MBA: Should business lobbying be made legal in India?
8 key points for effective Essay Writing
GD PI: Importance and Role of Group Discussion in MBA Admission 2014
GD Preparation: 7 Effective Dos to win GD for MBA admission
Personal Interview: Model questions & answers for MBA Admission 2014
GD PI: 10 important Personal Interview tips for MBA Admission 2014
Essay Writing and WAT in IIMs : Role, Importance and Weightage
Stay tuned to more MBAUniverse.com for more expert articles on MBA essay topics
Being one of the fastest growing economies of the world India has become one of the most favourite choices for foreign investors. But there are still many formidable challenges out there for foreign investors eyeing up to do business in the country.
The complicated rules of the government and the prevalent red tapism in the system also play a big role in creating hurdles for the establishment of new business in the country. The way files move at a slower pace in government offices also make the establishment of a new business difficult.
Essay topics for MBA: System needs to be more transparent
Most of the times lack of transparency in the finance regulating system of the country, makes establishing a new business a troublesome process. There is always a need for greater disclosure of information on part of the regulatory authorities like Trade and Tax controlling departments. For successes of business and markets there is a dire need for openness and transparency of the regulating systems so that the business can run smoothly without facing any hurdle. Most of the times, the lack of transparency results into lack in acquiring enough resources to establish a successful and thriving business. The lack of transparency on part of the governing bodies creates an environment of uncertainty due to which the companies often shy away from doing long term planning leading them to a short term focus which ultimately leaves an adverse effect on the business. The lack of transparency in the system leaves the NRIs wanting to establish their business in India confused as they are not accustomed to the high level of red tapism and hurdles faced by the businesses in India.
Click here to score high marks in GD PI WAT at Top B school for Admission 2014:
http://www.mbauniverse.com/gd_pi_preparation/gd_preparation.php
Corruption: Biggest obstacle in establishing a new business in India
Transparency International in its study on index of corrupt countries in 2012 placed India at 94th rank out of 176 countries while Somalia tops the list. Corruption in all walks of life in India is making it weak and has adverse impact on its growth. As per an estimate 80% of the public servants in India are corrupt because of which the wheel of growth is being pulled down. This also adversely affects setting up of new business in the country as to set up a new business one has to go through various levels of red tapism most of the times and still there is a culture of bribes in most of the government offices.
The people have to pay bribe to get a job done in a public office. As per an estimate more than Rs.24,000 crores is paid in bribes.Government regulators and police share in bribe money. Various government officials, politicians in connivance with Criminals tend to create problems for anyone willing to establish a new business in the country. The connivance of politicians and criminals hampers the establishment of new business in the country.
Political and regulatory risks also pose a major challenge to the investors willing to set up their business in India. Apart from all that the foreign investors also have to face the challenge of facing rampant bureaucracy at various levels of the system. The procedure of filing various types of taxes and other fees is also very complicated which leaves many open loop holes for the officials to make money through bribes and commissions.
Conclusion:
In India there is a need to make the process of establishment of a new business more easy and business friendly so that the foreign and local investors both are not faced with the complicated system which becomes the main reason behind their disillusionment with the Indian market.
CAT 2013 Results
CAT 2013 results on Jan 14; more than 15,000 candidates to get calls for IIMs
CAT 2013 Results to be declared on January 14, 2014
IIM Admission criteria 2014: Final Selection criteria of seven older IIMs?
IIM Admission criteria 2014: How to get shortlisted for seven Older IIMs?
New IIMs Common Admission Process 2014 to reduce burden on candidates
IIM Admission Process: 10,000 candidates to be shortlisted for 6 new IIMs
Solved WAT Essay topic for MBA Admission 2014
WAT Topic for MBA: 2014 General elections will be a watershed for Indian democracy
WAT Topic for MBA: Corruption is the root cause of current economic and social woes in India
WAT Topic for MBA: Indias 1.2 billion population is an asset for the country
WAT Topic for MBA: India has more skilled Human Resource
WAT Topic for MBA: Indo-US relations; how much beneficial for India
WAT Topic for MBA: FDI in multi brand retail is a boon or bane
WAT Topic for MBA: Is ASEAN a defunct Group
WAT Topic for MBA: Essay writing; fasten your belts
Essay Writing and WAT in IIMs: Role, Importance and Weightage
Click for more WAT topics for MBA
Solved GD Topics for MBA Admission 2014 :
GD Topic for MBA: What India gained at the WTO DOHA Round
GD topic for MBA: Political activism is the only way to root out corruption
GD Topic for MBA: New Lokpal will be effective in curbing corruption
GD Topics: Gender bias in portraying Women in Advertisements
GD Topic for MBA: RBIs new governor has taken adequate steps to improve Indian Economy
GD Topic for MBA: Corruption is the root cause for Indian Economy slowdown
GD Topic for MBA: The rise in vegetable prices is a man made farce
GD Topic for MBA: Opinion Polls be banned in pre election period
GD Topic for MBA: Should business lobbying be made legal in India?
GD Topics: Will India remain way behind China?
For any doubts and queries related to the exam pattern, preparations and other related queries about MBA entrance exams like XAT,IIFT, NMAT, SNAP, CMAT, IBSAT, MICAT and MBA Admission 2014, click here http://www.mbauniverse.com/mbau_faq/client.php
Following articles will provide all the key details decide which B school to apply:
MBA in Delhi/NCR
MBA in Cochin
MBA in Bangalore
MBA in Chennai
MBA in Ahmedabad
MBA in Bhubaneswar
MBA in Hyderabad
MBA in Mumbai/
Pune
MBA in Delhi
MBA in Pune
IIM Ranchi
XLRI Jamshedpur
FMS Delhi
SPJIMR Mumbai
IIFT Delhi
TAPMI Manipal
Click here to score high marks in GD PI WAT at Top B school for Admission 2014:
http://www.mbauniverse.com/gd_pi_preparation/gd_preparation.php
GD PI WAT Preparation for MBA Admission 2014
Know 10 Important Donts for Essay writing
GD Topic for MBA: Should business lobbying be made legal in India?
8 key points for effective Essay Writing
GD PI: Importance and Role of Group Discussion in MBA Admission 2014
GD Preparation: 7 Effective Dos to win GD for MBA admission
Personal Interview: Model questions & answers for MBA Admission 2014
GD PI: 10 important Personal Interview tips for MBA Admission 2014
Essay Writing and WAT in IIMs : Role, Importance and Weightage
Stay tuned to more MBAUniverse.com for more expert articles on MBA essay topics