Date: 05 July 2007.
Scene 1: Corporate office of some Multi National Corporation.
Mr. HR: Mr. CEO, we need some fresh minds coming out of graduation schools right away. This will help us getting the work done smoothly. We have too much of work load and deals to be carried out smoothly. So I want permission from you to recruit some more fresh minds.
Mr. CEO: Mr. HR, I can see the current condition. If you feel the need to recruit some more employees, I don’t see a point in denying the proposal. So I am happy to grant you the permission and I am happy to see the work going fine. Today the market condition is so stupendous that we will not have any problem recruiting some more fresh minds. So, go for it.
Mr. HR: Thank you sir.
Scene 2: Mr. Aaditya is a proud father of one son. He works with a big IT firm.
Son: Dad, I want PS3 gaming station. You have promised me to give that on this birthday. So , are going to keep your word???
Dad: Sure boy, Tomorrow I’ll get it for you. I remember the promise I have made to you. I have no problem in presenting that to you.
Son: Thank you dad, you are awesome. I love you dad.
Dad: I love you too son.
Scene 3: Mr. Ketan – working with a MNC.
Kirti (Ketan’s wife): Darling, we both have enough financial backing now. Don’t you think we should go for 4 BHK flat now? Plus I want a golden jewelery. You haven’t gifted me anything since past 4 months. And everything is going fine these days. Indian economy is rising like anything and there seems to be no problem.
Ketan: Sure darling, all your wishes will be granted sooner than you think. I will right away apply for housing loan, and I don’t see any problem in getting the loan passed within 7-9 days. And we will soon buy a flat of your dreams. And as far as your jewelery is concerned, we will go in market this evening only. Are you happy now???
Kirti: You are such sweetheart honey. I love you. 🙂
Scene 4: Party office of National political party “India Glitz”.
Party leader: Mr. Party Worker, this year spend as much money as you wish. Because this year, the taxes from Indian working class is on higher note. Plus we have so much of money to spend. Make this party branding and publicity the biggest ever. Don’t worry about money, we will flow the money like water.
Party Worker: OK sir. Don’t worry about the publicity and campaigning, we will make it a grand and successful campaign.
Scene 5: Production House of Cute Panda Vehicles Pvt. Ltd.
Mr. CEO: Mr. Production Manager, roll out as many vehicles you can this year. Stretch the capacity to the fullest and make some modifications if needed. Because this year, there is tremendous boom in Indian Economy. People are earning like anything and our production will not go in vain. Because people have the capacity and eagerness to go for it.
Mr. Production Manager: OK sir. This is true that Indian Economy is booming. I will try and roll out as many vehicles as I can using fullest production capacities.
Stupid common man’s home
Wife: Now as economy is going good. We are getting some benefits from it. So we can repay back the loans quite easily. Now our son can also have higher education, and our daughter’s marriage will not turn out to be a nightmare.
Husband: Yes. The situation is looking good. Lets pray to God that the situation remains same.
Scene 7: Poor slum-dwellers
Wife: Now we can invest in some domestic schemes and get some better money out of it. Returns have increased so we can get something from it.
Husband: Indeed. I am also thinking of investing in some scheme so that I can buy grocery for a whole month. And life will be fine.
Date: 05 July 2008
This is just one year from the previously mentioned date. The scenes that we have discussed above have taken new turns. See how the things have turned out.
Scene 1: Corporate office of MNC.
Mr. HR: Mr. CEO, how are we going to pay for the current employee base that our company is having? We don’t have that much funds, deals and outsourcing has reduced remarkably. So what solution you will suggest??? There seems no escaping from cost cutting.
Mr. CEO: Indeed Mr. HR. There is no escaping from cost cutting. Adding to what you are saying I will suggest you to reduce our employee base. This way we will reducing on our pay out liabilities. Additionally, cut back the payments to 60% directly and cut down on the stationary and all.
Scene 2: Mr. Aaditya, who works in big IT firm.
Son: Dad, I am into 10th standard now. I want a good mobile dad. My old one is almost dead.
Father: Sorry son. This month buying a new handset for you is not possible for me. I have so many liabilities. And plus I now get pretty less salary and running our house on that salary is looking like a circus these days. So I am extremely sorry. You will have to carry on with your old one for some days.
Scene 3: Mr. Ketan working with MNC.
Kirti: Ketan, what is this going on??? You had promised me to buy a 4 BHK flat and gold jewelery. What happened???
Ketan: Darling, try to understand. Now my salary is almost half. Thank god that our home is running fine and without any hassles. The loan I had taken for buying 4 BHK flat is now growing like a monster. The EMIs seem to be burgeoning like anything. I am unable to repay it even. Forget about the Gold jewelery for next one year. I am very sorry.
Scene 4: Production House Cute Panda Vehicles Pvt. Ltd.
Mr. CEO: Mr. Production Manager. Stop the production of vehicles for next 2-3 months. We have so many vehicles lying in the stock that even if we don’ produce for next 3-4 months, our inventory and stock will not get over and cleared.
Mr. Production Manager: I agree with you sir. I will stop the production right away.
Scene 5: Stupid common man
Wife: Look, the sky has broken on us again. There looked a silver lining in the black sky in previous year. We were building so many sweet dreams and what has happened with us. The sky has broken on us. We don’t have money enough to run our house. After the EMI payment of our loan, we hardly have anything to live upon. How our lives will go on???
Husband: Calm down Mrs. Let us pray God and he will suggest some way out of this. What else can we do about this??? Rich people play with money and market. And who suffer for their ill-doings is we. But what else can we do??? Try and manage with this tiny amount only.
Scene 6: Poor slum-dwellers
Wife: Hey God. What wrong we have done? Why are you trying us? We were already living penurious lives, but somehow in the previous year, you showed some ray of hope. But now, everything has been snatched from our hands and destiny. And what are you doing sitting up there??? Just watching the massacre??? Help Lord, Help.
Husband: Don’t blame God dear. He hasn’t done any wrong. But the rich people and politicians are playing with out lives. God is also helpless. Let us go back and enjoy our penurious life again. That was the life we are destined to. We are not destined to get better returns fro anything. We are ignored people and will remain ignored.
Scene 7: Party Head office of National Party “Indian Glitz”
Party Leader: Mr. Party Worker. This year too like previous one, spend money like water, but don’t fail to make the campaign a grand and successful event. Don’t worry about money.
Party Worker: OK sir. Don’t you worry. I will not fail in my duty.
Looking at and going through various conversations and situations, what do you all feel??? Do you feel like being one of them and going through the same situation at some time or other??? This is INDIA: THEN AND NOW. But have you people noticed the difference in above conversation and situations?
In all situations except the Party Office one, the incidences have turned topsy-curvy. Once very happy families are feeling the heat of Financial Crisis. But only politicians are not affected by it. This year in 2009, the Election Budget is somewhere around Rs.100 Thousand Crore. Do you see and figure out how many zeros on 1??? This is really a very huge amount. How can Indian Government sustain amidst all these economic turmoils and grant so much of money to Election??? This huge amount can be used as “Bail-Out Package” effectively. This is very pathetic face of Indian Government and Politics. This needs to be changed. And what are you going to change this scene???
Disclaimer: The names and incidences discussed here are purely fictitious and is work of my mind. Any resemblance with live or dead is purely coincidental. If you find any resemblance of these incidences, blame it on Financial crisis, not me.