If you read "Panchatantra" - the immortal collection of stories told by Pandit Vishnu Sharma to impart wisdom to the King's imbecile sons, there are countless gems of wisdom - which helps one to save stitches in time. One of the golden rules propounded in "Panchatantra": Never get closer to the Ruler (King or Prime Minister or Chief Minister or Ruling Government) within two degrees - or you will ...repent. Something to that effect. What it means is that even if you are doing business or in service, better stop at three degrees lest you be associated with all the highs and lows that come with the governmental connections. The rule will apply whether you are in telecom, mining, special-economic-zones or infrastructure development as in ports and airports.
In his book "Faultlines", prof.Raghuram Rajan elaborates in one of the chapters that most of the Indian Billionaires (exceptions abound) in the list of Forbes 400 have climbed the fortunes of business by being closer/almost in proximity to the political class. He could be averring to the follies that followed in 2011 of scams galore and the imprisonments that embraced those who loved the royal treatment or rather royal connections. Rajan, innocently reminds the subtext of breaking the King's rule of "Panchatantra". Forget that rule and you are inviting trouble and fall in fortunes. It doesn't require astrological knowledge to see why instances of being cosy with the kings have landed more businesspeople into problems whether in AP, Karnataka, Maharashtra or Orissa. Fortunes and reputations of businessmen and their hordes of advisors are in tatters because of a jingoistic and blind pursuit of projects sometimes in direct partnership with the powers that be. Panchatantra is timeless if only we follow. Pleasure to read it anytime - the one I recommend and have been re-reading is written by Arthur W Ryder. (Translation)
In his book "Faultlines", prof.Raghuram Rajan elaborates in one of the chapters that most of the Indian Billionaires (exceptions abound) in the list of Forbes 400 have climbed the fortunes of business by being closer/almost in proximity to the political class. He could be averring to the follies that followed in 2011 of scams galore and the imprisonments that embraced those who loved the royal treatment or rather royal connections. Rajan, innocently reminds the subtext of breaking the King's rule of "Panchatantra". Forget that rule and you are inviting trouble and fall in fortunes. It doesn't require astrological knowledge to see why instances of being cosy with the kings have landed more businesspeople into problems whether in AP, Karnataka, Maharashtra or Orissa. Fortunes and reputations of businessmen and their hordes of advisors are in tatters because of a jingoistic and blind pursuit of projects sometimes in direct partnership with the powers that be. Panchatantra is timeless if only we follow. Pleasure to read it anytime - the one I recommend and have been re-reading is written by Arthur W Ryder. (Translation)
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