Successful and flawless organization of F1 race at Buddh International circuit shows capabilities and strength of Indian Private Sector when it comes to big event organization.
It was held in the same state which is known for corruption and killing of people if they don’t donate money for birth day celebrations of Ms. Mayawati who is a chief minister of same and recently came under critics scanner for spending tens of billions for building parks in the honor of her party.
Jaypee Group shows its capabilities to the world while spending around 14 billion dollars for infrastructure, circuit building and land acquisitions for 5.1km track with sitting capacity around 15000 people and at same year we were witnessing quarter of a million farmers’ suicides between 1995 and 2010. The National Crime Records Bureau’s latest report on ‘Accidental Deaths & Suicides in India’ places the number for 2010 at 15,964. That brings the cumulative 16-year total from 1995 — when the NCRB started recording farm suicide data — to 2,56,913, the worst-ever recorded wave of suicides of this kind in human history, which shows poor policies and priorities of Indian government, helpless counseling to farmers in rapidly changing economic times.
Formula 1 have created the promising image of India to foreign investors but still it’s hard to forget the way we get slapped and shames our self form hosting of Commonwealth games 2010 where Mr. kalamadi is accused for bribe and misleading and illegal transfer of contracts; shows level of morality in politicians, character deficit and corrupted mind working for future shinning India which cost us around 13 billion dollars.
Capitalization on powerful organizational capabilities which can be turn into profit making formula, genuine concerns and purpose is what India need today.