SALARY REDEFINED.

Democracy has the advantage that it brings subjects to centre stage for discussion.

Salman Khursheed, Minister of state for Corporate Affairs this week has objected to the high salaries the Pvt sector CEOs have been drawing, which he terms as VULGAR.

Mr Minister, we must recognise the contribution of the Pvt Sector in overall growth the country has witnessed. Post, liberalisation, most of the Indian companies have been on the fast track and have caught up with some of the best managed in the world. Time has come when we are witnessing a reverse brain drain. The best talent used to leave the country because of lack of opportunity, infrastructure, inadequate salary, high rate of IT, and Govt interference. . Since talent availability is based on the principle of demand and supply, naturally, the best will want the best (not vulgar) salary.

Mr Minister, situation has changed. Being rich is not an ugly word any more...And why should it be? (Most of MPs are now millionaires aren’t they?)Those CEOs, who are drawing high salary (vulgar), are the ones who have put in their best talent, blood and sweat to create employment and wealth for the country, deserve to be compensated and complimented.

Mr Minister, would you also like to discuss and put a cap on (vulgar) salaries and perks being drawn by the MPs?

Mr Minister, would you also like to discuss and put a cap on the constituency allowance of Rs 2 crores per year per MP? (Is it about Rs 1000 crores per year?)

Mr Minister, would you also like to discuss and put a cap on the VULGAR display of money spent on elections campaign by political parties?

Mr Minister, would you also like to discuss and put a cap on the way MPs become Millionaires (vulgar) immediately after coming to power?

Mr Minister, would you also like to discuss and put a cap on the Doctor’s alleged fees (vulgar) of Rs 3-4 lakhs for one heart surgery?

Mr Minister, would you also like to discuss and put a cap on the Senior lawyer’s alleged fees (vulgar) of Rs 2-3 lakhs of a for a single hearing?

Mr Minister, would you also like to discuss and put a cap on the Cricketer’s fees (vulgar) of crores of Rs of a single AD?

Mr Minister, would you also like to discuss and put a cap on the Bollywood actor’s alleged fees (vulgar) of Crores of Rs charged for a single film?

Mr Minister, would you also like to discuss and put a cap on the TV star’s fees (vulgar) of Crores of Rs charged per episode lasting one hour?

Mr Minister, instead of salaries, would you like to discuss with the CEOs the question of repayment of loans which are now called NPAs( is it over Rs one lakh crores?)

Mr Minister, instead of worrying about few thousand highly paid CEO s, would you worry about millions of workers in the unorganised sector, who may not even be getting minimum wages under the Minimum Wage Act.... child labour which is under exploitation within visible distance?

Mr Minister,none of the above will help.Let us see how can we use the Pvt sector to take country forward..isn't it?

Mr Minister, India’s CEOs are like the National Treasures.....Let us treat them so.

let us CHANGE INDIA for INDIA OF TOMORROW.

posted 10/10/09 by b k chowla