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How Easy It is For Business to Flourish Outside India

Just read an article on freshdesk by Girish. How to incorporate a US Corporation from outside the USA? . Reading that article clearly suggests how easy it is for business to survive in US. Anybody from India can even operate as a business in US.

Think the other way round and you can have tons and tons of issues. Being in India and being almost few meters from my bank and I still have issues with my bank.

The environment in India is very suppressing such that if you are a big business, you have lot more taxes and audits that needs to be done. So people tend to keep their business in smaller groups. (Clear indication from this data here). Common people can relate to the above problems with company in purchase of real estate. If you purchase a property beyond some limits which currently is either 30 or 50 lakhs, your IT file can be scrutinized and so the solution commonly adopted is to pay some money out of the books to save yourself from the hassle of scrutiny to the extent possible.

An article on Microsoft CEO Nadella by FirstPost is a real eye opening. I quote from the article

We are simply unable to tolerate success. If Modi talks about a Gujarat model, everybody has to bring it down. If Rahul claims his government’s biggest achievement is the RTI, everyone will belittle it. If Chidambaram claims high growth as UPA’s success, the Left will say this growth is not helping the poor. If we say poverty has reduced, others will say it hasn’t. If it has, our definition of poverty must be wrong.

Pretty much a reality.

And then we have questions from common Indians like Why Tech Indian Startups Are not Able to Become A Facebook or A Google? which I have answered on my blog.


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