Needs honour due to them

Rajesh Pathak

(rajeshpathakbpl@rediffmail.com)

'O wealth less, unpleasant and ever trouble some poverty! Go to the remote hill. Or else with all our might, we will bring your destruction!' [Rigveda-10, 155, 1].

The content of the verse is enough to understand that in our life philosophy the prosperity is always given equal importance as is given to the attitude of dispossession of a renunciant. But today whom the country recognizes as prosperous and wealthy such as Ambani, Tata and others business houses are subject to criticism from a particular political class that still subscribe to the ideology already rejected by the world at large. Contrary to that if it is to be seen what way the world is heading to, we must take note of the reactions of the prominent personalities on the achievement of Parag Agrawal being the new CEO of Twitter: 'Google, Microsoft, Adobe, IBM, Palo Alto Networks and now Twitter run by CEOs who grew up in India. Wonderful to watch the amazing success of Indians in the technology world and a good reminder of the opportunity America offers to immigrants.' In this tweet of Stripe's CEO, Patrick Collison, the founder of electric car company Tesla's CEO, Elon Musk retweeted-'USA benefits greatly from Indian talent'.

All over the world, there is no dearth of people who recognize and appreciate Indian talents. But as for India, the things here is different from the world. And how extent, that could be understood by one latest example. Polysilicon is a specific kind of plastic. Today solar cells made of polysilicon and other components like solar panels, solar modules are imported in the country from abroad. Due to which the cost of the final solar product gets to be expensive by 40% as compared to that of China. But now Ambani Industries has decided to invest Rs 75,000 crore in Dheerubhai Ambani Green Energy Giga Complex to be established in 5000 acres of land in Jamnagar, Gujarat. And from raw material (polysilicon) to manufactured goods (solar cells, solar panels, solar modules etc.), everything would be produced here. Such a great initiative is this that Reliance Industries should be welcomed by the countrymen. But the thing is that many people even know not this development is so crucial in the present global scenario.

The Chinese threat is big, and it is big business houses that can fulfil their role to deal with that. The only airport built by China in Uganda has gone under the control. On this development, Retd Military commander, Sarath Fonseka, of Sri Lanka reminded the countrymen that the corrupt politicians have drowned the country in Chinese debt by taking aid from it at the high-interest rate. Instead of developing Colombo harbour, the preference is given to less important Hambantota harbour built by China. Now the thing is that China has gained its foothold inside the country's sea-boundary itself. This incident, notably, underlines the wider importance of 'Atmanirbhar Bharat', too.

It must be noted that India's four companies recently to have proudly made their slots among the world's top ten IT service firms are TCS, Infosys, HCL and Wipro. When it came to thinking of the high technological defence sector once our mind itself moves out of the country to fulfil our needs. Now things have got changed. Tejas fighter planes or be it Pinaka multi-barrel rocket launchers we have acquired the capability of building them inside the country itself. Larsen &Toubro and Tata Aerospace and Defence of private sectors with BEML [Bharat Earth Movers Limited] are engaged to execute the task.

Increasing demand for petrol-diesel in the future warrants the need of making hurry in working upon their substitutes. Eighty-one per cent of components of Lithium-ion batteries required for electric vehicles are available at the local level. The Government is all set to soon achieve the international standard in battery manufacturing. The news is that under Production Linked Incentive [PLI] scheme 20 companies have shown their interests in producing the Advanced Chemistry Cells [ACC] in the country itself. And so that the far lying regions too may not face scarcity of battery, Hero-electric has made plans to speed up the building of logistic centres in entire eastern and north-eastern parts of the country, including Patna. Moreover, Gulf Oil Lubricants of Hinduja group has braced up itself for the investment to establish the battery-charging centres in different places.

Due to the effect of much-paraded socialism-communism, private entrepreneurship and big business houses have remained deprived of the honour due to them in the country. As if without talent; intellect; without work and, above all, without taking the risk involved in the business the wealth has gone into their possession!