Saturday, February 12, 2011

Most painful let-down

Ratan Tata's role in the 2G episode is among the most unexpected disappointments in recent times. What has devalued the Tata image even more is the total absence of remorse or contrition on his part. The New Indian Express has reproduced a letter written by Ratan Tata to the Chief Minister of Tamil Nadu on 13th Nov 2007 :

" Dear Mr Chief Minister, I am taking the liberty of writing to you on the subject of the telecommunication sector which has been in the news these past few weeks and where there has been much public controversy ­ mainly created by powerful vested interest groups within the industry.


Ever since Mr Raja took over as Minister, there has been a rational, fair and action-oriented leadership in the ministry. On the issue of spectrum also, his stated policies, for most part, have been legally sound, rational and well-reasoned. Part of the existing controversy revolves around one approval, which is being contested in the courts. In all other cases his stated polices appear fair and he deserves everyone's support.

The telecom industry is the fastest-growing sector in this country's history and the leadership to this sector is with your party.

It is essential that history praises the vision, creativity, and high growth achieved by you and your Minister. Our industry is in the viewing glass of the entire world, because our market is so large. If done well, the DMK can possibly claim telecom to be its greatest achievement and most significant contribution to the nation's growth.

This growth would need to come from rational and fair polices ­ without favorites and without pandering to vested interest groups who are only interested in serving themselves.

I have the highest regard and respect for you as a person of great equity and great vision. I would like to see you derive great kudos for the visionary growth in this sector, which I believe can be delivered  under your leadership by Mr Raja.

I have therefore requested Ms Niira Radia to personally carry this letter to you and to explain to you the public perceptions, the orchestrated misinformation and the vested interest that are seeking to de-rail the process of growth through technological and spectrum battles, rather than seeking national gain.

I hope you will take this letter in the spirit in which it has been written.


With regards Yours sincerely Ratan"

The self-righteous stand adopted by this doyen of industry is hypocrisy at its worst. Unedifying blend of sycophancy and condescension employed in the letter is unbecoming of even lesser mortals, not to speak of Ratan Tata.
















1 comment:

Anonymous said...

RT is an independent director in Devas Multimedia which has extracted a controversial deal from Antrix (ISRO). He has not commented on the agreement so far. Kiran Karnik who was also an independent director has resigned from the Board. I would say Tata is having interests in too many endeavours and therefore not able to think through all his actions.