India Inc Announces Launch of Six New States

Friday, 11 December 2009 01:20

Written by oniouttapam news

India Incorporated, world's leading producer of cattle and second largest producer of humans, today announced the launch of six new states to augment its line of states and union territories. At a glittering function held at its headquarters in New Delhi, CEO of India Inc, Dr. Manmohan Singh launched the states of Telangana, Gorkhaland, Bundelkhand, Harit Pradesh, Vidharba and Maru Pradesh. With the addition of the six new states, India Inc now boasts of 34 States and 7 Union Territories.

With demand for states increasing all over the country, India Inc is seeking to ride the growth in demand with this new range of states. "We have geared up for enhancing our state range. We are launching new states," Dr. Manmohan Singh said. This state lineup boasts of large assortment of sub-lingual groups of people, all available in variety of customs, traditions, superstitions and cultural trademarks.

"The new line of states offers an alternative to those people who are dissatisfied and fed-up with our existing range of states and seek value-enhancement and improvement in their experiences with our states. Our new line of states will be especially useful to large number of users of our existing line of states like Andhra Pradesh, West Bengal, Utter Pradesh, Madhya Pradesh, Maharashtra and Rajashthan, who have been complaining of poor infrastructure and services for a very long time. With the launch of these new states, we hope to fill the administrative lacuna and are confident that our consumers will be fully satisfied with the new range of features available to them." said P.Chidambaram, senior Director for Home Products. He added that the new series of states will be rolled out in next few months after completion of all the necessary legislative formalities and administrative groundwork.

"The new states will address the multiple needs of the consumers of our existing states. They will change the way our customers will do business with us. Addition of six new capitals will facilitate easier and quicker access to our services." he said while speaking to reporters after the end of the launch function.

A value-added Telangana ranks as one of the states that India Inc is particularly excited about, said Pranab Mukherjee, Director of Finance. "Telangana has been one of our most talked about exciting new states in the media during the launching phase. The run-up to the production of Telangana generated several controversies due to which the process of releasing the new states was delayed by several years. We faced tremendous opposition from several quarters, but mostly from existing users of AP who felt that a new state would devalue the state of Andhra Pradesh. Many users of AP were extremely unwilling to give up their control over land for the production of Telangana. But we have managed to successfully stem the opposition and succeeding in procuring land for the creation of Telangana." added Mukherjee.

Mukherjee refuted the critisism that foreign investment will be adversely affected due to the establishment of new states. "The creation of new states will offer fresh employment opportunities to thousands of new politicians and existing politicians  who are unable to make much headway in their careers. As a result of these new states, thousands of bureaucrats will be promoted in their jobs and enjoy more powers than before. Establishment of six new capitals will result in a constuction boom in the chosen towns which will revitalize the economy of the states and provide lucrative contracts and kickbacks worth thousands of crores to everyone-politicians, bureaucrats, industrialists, builders and even foreign investors."

But market observers have cynically dismissed the launch of new states as desperate efforts by India Inc to prevent increasing irrelevancy and obsolesce of its existing range of states. "This new line of states will change absolutely nothing." said investor Rakesh Jhunjhunwala and provided the examples of the failure of the recently launched states of Chattisgarh and Jharkhand.

"Look at the performance of the last two states released by India Inc, Chattisgarh and Jharkhand. The establishment of former didn't stem the tide of naxalism in the state, but actually increased the violence in the region, and in the case of the latter, the only person who has derived benefit from its creation is one Madhu Koda, who was at one time the Director of Operations of the state." he said.

Comments (3)

Rakesh Jhunjhunwala: ... http://www.rakeshjhunjhunwala.in/

EssBee,

You are so right! Now I have been given additional work because I have to make plans to invest in Stock exchanges of 6 more states.Thanks!

1

December 11, 2009

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2

December 11, 2009

derebail2009: ...

It seems creation of new states seems imminent due to vote bank politics.............a sad development for the federal structure, before undertaking such a move water, forests, mining, road development, taxes should be centralised

3

December 22, 2009

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