EDITORIAL OPINION 17-AUG-2005 BANGALORE EDITION
The editor discusses about two important topics, one on the anti hijack policy of the Indian gavernment ,second about the information technology sector in India. In December 1999 an Indian Airlines flight was hijacked to Kandahar. The Indian government bungled up the whole progress to get the hostages released. Soon after that 9/11 occured. The Indian goverment decided to relook at its anti- hijacking policies inorder to have a more safer skies. The new policy takes its points from the U.S policy on hostage taking. As per the new policy there will no benefits of ransom, prisoner release , policy change or other concessions. In case of a plane hijackes as a misslie to blow up targets. The government would order its fighter planes to shoot down the same even at the cost of lossing the passengers. But the editor questions of whether the incumbent government having the nerve to do so. If so then it is a policy, which is much awaited.
The information technology sector revolutionised the industrial growth of India, during the late 90's. But today the investors are investing their money in other sectors of the economy.
The reason falling profits of I.T companies in India. This doesn't mean these companies are doing bad. But they are moving into a more mature phase of growth and development. This is postive for both the I.T sector in India and the entire economy as a whole. When profits fall the companies bring in innovation into its structure and develop new products. On the other hand when other sectors develop the economy grows as a whole without depending or focussing on one sector.This means a slump in one sector willn't affect its growth in any way.
The editor has also shared his views on the return of Sourav Ganguly as Indian cricket captain. He backs the selectors on three grounds.Ganguly is the only captain with the best track record, he has a good runs average as a captain and he is aleader who leads from the front.
Manoj G.Varghese, Bangalore , India.