Financial Daily from THE HINDU group of publications
Friday, Apr 21, 2006
Industry & Economy
Government - Politics
States - Other States
ICC corporate survey gets top rating for CM's positive efforts
Kolkata, April 20
Corporate Bengal has cited the confidence-building efforts of the Chief Minister, Mr Buddhadeb Bhattacharjee, as the single most important reason behind the positive business climate in the State.
In a recent survey conducted by the Indian Chamber of Commerce (ICC), which reached out to the top corporates in the State, while 90 per cent of the respondents endorsed the view that positive change has been brought about by the CM's confidence building measures, 78 per cent ranked this as the No 1 reason. A change in mindset of the ruling party towards industry was ranked as the second most important factor.
On the areas where the Government actions fell short of expectations, not surprisingly, 61 per cent felt healthcare was an area of concern. Some 56 per cent thought not enough was being done in education, 46 per cent felt more could have been done on the job front, 39 per cent felt rural infrastructure was lacking and 37 per cent that the Left Front Government did not deliver in terms of FDI.
Asked whether the government vision for industrial development of the State was shared equally by all segments of society, 44 per cent said senior officers handling operations shared the vision, while only 22 per cent felt by middle and lower levels of bureaucracy.
While a small 10 per cent felt that political functionaries at the grassroots shared the vision, some 12 per cent thought that the trade unions also shared the vision.
The broad perception, says the survey, was that "the Left Front's vision is yet to be understood, appreciated and acted upon by the middle and lower levels, in bureaucracy and the Party".
Many felt that while a shared vision existed, the change in mindset needs to percolate down to the grassroots, and communicated to the lower rungs of party functionaries and bureaucracy.
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