Remains of a Dream

672 Words3 Pages
Remains of a Dream Question 1. Identify and analyse the environmental factors in this case. Solution:- Environmental factors outlined in this case are: a) Public Agencies: Public agencies like power ministry and state industrial development board play an important role in such projects. These agencies should extend all help to the entrepreneurs. b) Politics: As the industrial minister changed in the next election focus was shifted from Basti to Saharanpur. c) Too much paper work required to start the new production unit. Question 2. Who were all responsible for this tragic end? Solution:- The organizations responsible for the tragic end are: a) Uttar Pradesh government: UP government should have analysed the complete situation before hand. They should have made sure that all the necessary facilities to run a industry was in place. b) Power Ministry: Power ministry should have given high priority to this project as it would add to the industrialization of india. Success of such projects would have encouraged others to take up entrepreneurship as an option. c) Uttar Pradesh Financial Corporation (UPFC): UPFC should have insured all the loans with some insurance company. This would not add to the burden of the entrepreneurs as they had no money to pay the hefty amount since the business never took-off. The loans could have been recovered from insurance companies in case of default. d) Political parties: As the industrial minister changed the focus shifted from Basti to Saharanpur. Question 3. It is right on the part of the government and promotional agencies to woo entrepreneurs by promising facilities and incentives which they are not sure of being able to provide? Solution:- No, it’s not right on the part of the government and promotional agencies to woo entrepreneurs by promising facilities and incentives which they are not
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