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Updated: July 20, 2012 10:40 IST

Ratan Tata in defence of Manmohan

Special Correspondent
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Ratan Tata
Ratan Tata

Hitting out at critics who “have mercilessly spoken and written disparagingly” over the last few months about “the architect of the ’91 reforms that brought about economic prosperity and international recognition to our country,” Tata group Chairman Ratan Tata on Thursday sought to goad Prime Minister Manmohan Singh into action to restore the credibility of the government and place the country on the growth path once again by implementing promised reforms.

In a note posted on Twitter, titled ‘Lets do The Right Thing,’ Mr. Tata said: “Now is the moment in time when our Prime Minister must break convention, restore government credibility, place the country on a growth path once again by implementing promised reforms, removing road blocks to growth and controlling crony capitalism.”

Unfortunate

Even while conceding that India “lost its growth momentum over the past 12 months, that investment confidence has declined, that inflation has soared and that the government action has been too little too late,” he said it was “sad and unfortunate” that the Opposition, the media, some private citizens and “even some members of the ruling party” have singled out and blamed the Prime Minister for these economic woes and this, he felt, was “gross misdirected.”

Reminding the critics that they “have also chosen to overlook the fact that this warm-hearted Prime Minister has led our country with great personal dignity and integrity,” Mr. Tata asserted that Dr. Singh now deserved the support of people at this critical time and hoped he would succeed in this venture. “All eyes are on him [Prime Minister] here and overseas in what could be his ‘finest hour’ in leading the country to economic prosperity once again. He will need to act boldly – to be courageous and to do ‘the right thing.’ For the sake of the country we all hope he will!”

Mr. Tata went on to point out that instead of criticising the Prime Minister, people should also recognise the “enormous damage done by political infighting; the single-minded goal of the Opposition to topple the government; the allegations, accusations of corruption and illegal acts which have brought almost all government actions to a standstill. We should be concerned about unconfirmed sensationalised stories in the media to sell publications, the manipulation of policy by power brokers and powerful vested interest groups to meet their self-serving desire to continue protection.”

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I fully agree with the comments of Mr Pramod. I totally disagree with
others' comments because with reforms corruption is a dominant factor.
Aam Aadmi is the looser in every way. Even Tata Namak has become so dear
that I have to reduce the consumption. It is the nature's gift but
commercialized by industrialist like Tata.

from:  subhash muljiamal gandhi
Posted on: Jul 22, 2012 at 19:52 IST

It's unfortunate to see such kind of statement from Ratan Tata.What is
hampering India's growth story is corruption and MMS being a spineless
man has stood with a blind eye and let everything happen right in
front of him and Mr Ratan Tata wants the opposition to just shut their
mouth and keep quiet. Opposition is an important part of our democracy
and it is the duty of the opposition to show the govt, the areas where
they are erring. I agree that there might have been some resistance to
key reforms by the opposition, but that doesn't mean opposition should
be held responsible. To remind Tata, it was due to Narasimha Rao that
we had reforms and not MMS. It was Dr. Subramanian Swamy's blueprints
that MMS implemented. It had nothing of his own as MMS was always a
socialist and did not have the strenght and courage to take on the
socialist mafia even if you for a moment assume that he was pro
reforms

from:  Pramod
Posted on: Jul 20, 2012 at 18:56 IST

Congrats Mr.Tata, I too beleived that media in the name of sensationalism created some furore over unwanted issues and drag this govt into an directionless situation. Now this is the time of all the countrymen to wake up, Support Mr.Manmohansingh, Raise the confidence of Industry, Agriculture. There should be a feel goode factor then only the Govt. can function energetically. I accept there are lot of bad things had happend, Let us forget those things and act now. Please note that there are some good things too had happend. Even in this situation India is not affected as worst as European and other countries, Bcoz there are lot of safety and standard procedures are adopted here in running the economy all these were orchestrated by this man Mr.Manmohan Singh.

Mr.Tata is the true industrialist in this country and he should be involved in framing the industry policy

from:  Sugumar
Posted on: Jul 20, 2012 at 10:50 IST

Kudos Ratan Tataji. Welcome to hear you about our PM and his
abilities in his chosen field i.e., economics. Our PM is tied with
priministership, with all types of pulls and pushes from too many
allies in the UPA to stay in power. Such is his position. You are a
great industrialist and a true nationalist to support him in the
progress of the Nation. If people like you enter the politics and
support the PM, he can take the nation to the heights of our
expectation as was done earlier in 1991 onwards. There, late
P.V.Narasimharao was there to trace the talent of the honest people and
chose them in appropriate places. Country progressed to the extent
that we are now. But now allies supporting the Govt are many with
different outlooks and demands to distract the attention of the PM or
FM. Anyway let us hope that the future will be better for the
country.

from:  D.Ramakrishnan
Posted on: Jul 20, 2012 at 06:59 IST

As an industrialist, Ratan Tata has projected a image at the international level and he is
Going to step down and hand over the reins to his successor in sep 2012. When he was
Conferred the life time achievement award recently In USA , he did make a reference to
Strengthen the communities around the industrial units. The nation expected a parting
Message from him and this appears to be a fitting message to the govt, the opposition and
to the entire populace. He has paid rich tributes to the Ideal man in Dr Manmohan Singh
and has at the same time referred to his lapses, realizing the problems in coalition politics.
He expects DR Singh to rise up and hasten the reforms and has mildly rebuked the
opposition as well for the present state of affairs. The founder of Tata family has built up a
Great legacy, and he proved that he wasban effective torch bearer. The nation will salute
Him for that. The country expects Mistry to continue on the same lines in future.

from:  C.P.Chandra das
Posted on: Jul 20, 2012 at 06:17 IST
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