Another watered down budget; Manmoron and his team of financial advisors are clearly at a loss for ideas. There is a crying need to reduce the indirect taxes on the products that is consumed by one and all. This would only lead to more consumption which is better for the economy than persisting with the present trends which would lead to inevitable recession. Much of the “growth” of the economy has been from the services sector with almost 15% coming from this supposedly “scorching pace”. However, the supports of the economy, namely manufacturing and consumption has slumped. This has only lead to inflationary pressures and our massive dependence on oil has only worsened with ballooning oil bill.
The finance minister (may his tribe decrease) has introduced a “National Calamity Contingent Duty” on the mobiles; they are bound to get more expensive by about 1%.
Perfect timing eh, Mr Moron?
Once in a while most of these companies get the urge to “do something”. Having failed to live up to the expectations of it’s customers in the retail broadband business (where it still markets 128k as “broadband”), it’s executives got in a collective swooning and whipped themselves in a frenzy. Anil Ambanis of the world were impressed and gave their assent to change the name of their businesses. Reliance Globalcom is the name of their “new integrated enterprise” where they give the same shitty experience to their existing “idiots of customers” but with a fresh new name
If you look around, Tata had changed their brand to Tata Communications with perhaps the same intention. It hasn’t changed the focus of their work, their ethos and continue to dupe a whole mass of suckers who have no clue as to what broadband really is all about.
This article in Outlook shakes with the fury of rattle snake. It makes a lot of noise but in the end relates only a blame game between the players. Each one squarely blames either the high tariffs or government policies. TRAI is mentioned for good measure and the fact that it listens only to consumer groups but not the customers alone.
The eternal wait for decent connectivity would sadly remain eternal.
P.S. Outlook has a lousy web design and does not conform to W3C standards at all.