No Considerations: Doing Business in India Without Bribes
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- Опубликовано: 15 окт 2024
- Ever wanted to start your own business? Getting up and running can be a breeze, or it can take months and months - even for something as simple as a coffee roastery. It all depends on where in the world you want to set up shop.
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In india, the ones who obey the rules will mostly finish last, make less profit and lose valuable time. The ones who bribe/threaten will get the job done in time..Sad truth..
Redheesh R.J Same thing here in Brazil
Murillo The entire developing world share the same story i guess..I wonder how could our nations get out of this mess. 😑.
@@redheesh end socialist policies and embrace free markets and industrialization
Wow! As an Indian I approve. We need to at least reduce bureaucracy if not completely eliminate it. I can understand that some steps are necessary but most of them are redundant. This discourages the spirit of entrepreneurship.
DeadlyCatcher : How can you ever change a system like that? You would need to limit the power of local bureaucracy.
DeadlyCatcher, you approve what?
In 2 yrs. of BJP, India's @ 100 position on said index.
Not a conspiracy theorist, I do however note the veiled continuum of degrading India by it's eliteist minorities that the Colonialists promoted to keep the majority Sanatan Dharmis marginalised, else the world would have to deal with a majoritiism driven India 100's of yrs. ago. More specifically, at least from 1857 War of Independence rather then the ham job of 1947, and yet even Pakistani talk show hosts grudgingly admit at how far India's star rose in the past a a mere 2 generations since '47 after nearly 800 yrs. + 200 yrs. of majority oppression.
Entire civilizations disappeared in the meantime. And the future is all India !
I remain a technical and rational person, but the tone of elitism, used at a more grassroots level, will get one in trouble.
The 20'th century's Global rant re: center-left, Soviet Union leaning, de-colonising India peddled by the Fleet St. + 'Church' St. combine doesn't sell anymore; if the said 2-bit coffee maker doesn't appreciate what he's got going for himself re: India, Indians are not where they will still not tell him where to go, but I can tell him to go back to his country, ... effing plenty of coffeemakers in India !!!
@@patentneer At 63 after 3 years of BJP
From getting driving license to getting to start a new business, processes in India is a rabbit hole
Thankfully it's getting better, but still. Guess the legecy of socialism
OK. So for all the talk of improving India's doing business index, the ground reality still sucks. Thanks to this firm for fighting the good fight.
at least he got it without bribing. Things will improve for sure..
I've never studied economics during my school days.. Sir, your content is the best in the world. Love every videos of yours
This is maddening, and it's pretty much the same where i live. Agorist action can and does help in these situations. Gotta hate these regulations and their creators.
If you have enough Gandhi's in your pocket than you won't have any of these problems. In india we pay taxes, bribes, our own valuable time & our whole life to the governments. That's the simple life of a common man in India. Really sorry about to being an Indian nothing is up to the mark here not even a single system. It's a mess of 1.3 billion people.
Its hard to start a business in India . Every year I fill nill return @ 15 K. TO start a company i spend 50 k and to shut it down another 50k without making any revenue
Well as of 2020, India's rank has improved to 63. It's a bit shocking because the ground realities seem the same.
Maybe they paid the rankers a consideration. 😆
@@toomanymarys7355 Yes China paid for good ranking not India💪
I as a Indian can totally relate with it. This happens in every part of india
Wow! I'm not surprised by this story. I've seen similar things happening to others. One of my friends bought a car on loan to use it for Ola services(Like Uber) and he had to go through all this stuff. There is a lot of pain in getting commercial or heavy license for the drivers, you have to pay huge bribes and drivers are dishonest, they wouldn't work all the time even though owner had a tracking app in his phone. He had to constantly call the driver to remind him of his job. Then there are some customers who are very rude. Also dishonest competition some of the richer businessmen can bribe their way to have multiple cars without Ola logo and Yellow Number plate(Commercial Vehicles) and park their cars on railway stations which is barred for others.
Excellent video
Bribery is a common issue in India whether it is buisness, political or educational
63rd now in 2023 , Proud! Can't wait to see it in top 50
India's raking is now changed to 63. That's a lot of improvement. But I don't know the ground reality.
this is a wonderful video, thank you for making this.
This is completely true.
great video. I think it is memorandum of Association- MOA, slightly different from memorandum of understanding
Love and appreciate all the MRU videos. Just wanted to point out to Alex that, unless there's something particular about the name of this coffee shop in India, Koinonia is pronounced kȯinəˈnēə, a Greek word for Christian fellowship.
it means society
Best materials sir. I want to pay you for these work, and I admire you for sharing them for free.
Agree , we need to sort out these things .
Bribe is everywhere in india. The govt and citizen both are responsible for this.
veryexcellence video
thank you for sharing love you guys :D and God bless!
Pollution control? India? LMAO.
Interesting...
It was a fun experience & I learnt a lot making this series of videos on Developmental Economics with Alex Tabarrok four years ago in September 2017.
The situation is much more worse than I'm expecting.
This coffee roasting guy has a much thicker accent than the actual native speaker omg XD
the coffee guy probably is Australian that came to India
Wow nice study
Ease of doing business 63rd rank..
Idem here in Indonesia
Everyone complaining about these regulations, remember this the next time politicians start saying that we need more laws to protect the environment. The road to hell is paved with good intentions.
Now India is in the top 100 atlast
Had that officer be given proper target based on earlier performance & capability.. checks & balances would be placed by lokpal or governor sort of people.. things could be more quicker..
Why build even more bureaucracy? Just cut regulations, and that "officer" wouldn't be able to take bribe because it's not necessary to go to him.
Now this honest coffee I want to taste ✊🏽
Is every province of India same? Is there cultural differences in North/South?
@@1crude0slick1 only west and south are good. North other than Delhi is fucked up
As for eastern india there's almost no hope at all
There are pretty much just six cities in india which have high paying jobs.
Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad. The rest of the country (with the exception of Gujarat) is really poor
If you want to survive in India , bribe is the only option..... even if u r doing crystal clear clean business u still have to pay fines.
The fact is for doing any business 100’s of licenses have to be taken for just one small business you need permissions & licences so this leads to time consumption & corruption.... i have always met a corporation guy only after his working hours and to be honest a govt employ feels like a king till his tenure ....
We see so many vendors working on streets , roads who are minting money and they don’t even have any licence or any anyone to keep a check on how clean they are , the best part is they don’t know what income tax is ....
If govt keeps a small watch on small vendors they will actually now the money they make without paying tax .....
In India an honest man is a liability ........
Let any govt function this will never come to an end ......
Pay Tax, fines , give ur hard earned money to govt employs so that thr family can enjoy , run about if thrs scrutiny but at the end you will just be fooling your self by doing clean business ....
Moa has clauses name clause, adress clause,liability clause, subscription clause,capital clause
Maybe you should explore the best hotels in mumbai and talk about doing business
Simple way is .......trial run lena cahihye tha one year ka then license lete agr koi puchne aata
Memorandum of association, articles of association
0:17 You know your country has problems when it's ranked 197 out of 190. haha!!
very very good coffee shop KCR
So in other words: licence raj never went away.
See all the trouble an entrepreneur has to face is well known , this all obstacle in doing business had instilled during nehurian era,also known as" licence raj" to allow business to selected people to whom they want or nehru was overwhelmed with the idea of socialism accordingly such policies were implemented which is now slowing the pace of business
Well after a month We are now no 100.
Now 77th
There were big companies doing business with India, but they didn't last long because they all betrayed by India government, now they owe so much money to India
That's a great video. I associate the word Koinonia with Christianity, where it is often used (check the Wikipedia entry on the word). In fact, if I see the word Koinonia used in the name of a company I would normally assume that it is a Christian-run company. Is that the case here? Is Christianity (very much a minority religion in India) or a Christian ethic a factor in what you have shown us in this video?
Martin Roth India being second most populated country in the world have a sizeable amount of Christian minority. It has almost 30million Christians scattered across the country. But there isn't any relation of he being a Christian with doing business in India. India has inherited Bureaucratic style of working from Britishers who plundered the Indian economy for a century. They made sure that the business and trade remain in the their hands along with some Indian crony capitalist who worked them. The only difference now is that we have our own brown people who behave like the then Britishers. Speaking about minorities we've many religions eg Zoroastrianism, Sikhism, Jainism, Muslims, Baha'is, Jews etc.along Christians who've the minority status and enjoy certain privileges ascertained by our Constitution.
+virendrasingh - Koinonia = Christian fellowship or communion, with God or, more commonly, with fellow Christians. So it most likely is a Christian company.
I can show 1000,s of churches in India
Mumbai dumps all its sewage into the ocean. Or any other Indian port city
No there are sewage treatment plants dumping only happens during flood
Wrong sir. All Indian poet cities are metropolitan cities and have STP's.
Hi Alex.. welcome to India .. hope you will love your stay here
It is not problem but consequence of big government.
Aoa helps to internal control related matters
Welcome to india Alex.
India is 100th in ease of doing bussiness
Why Indian guy faking accent? It's hard to listen to him properly because of that.
He’s not, he’s Australian-Indian. Did you not listen ? I’m Australian
THANKS TO NARENDRA MODI, OUR EASE OF DOING BUSINESS INDEX HAS LOWERED. IT WAS 100 IN 2018, IT IS 77 THIS YEAR (2019).