The
ethical dilemma for Mr. Jayaswal and Mr. Dadra is that they made a close
relationship and Mr. Jayaswal bought undeveloped coalfields at cheaper price by
using Mr. Dadra’s power to control the coal mining. Then both got an
opportunity to make a lot of profit by owning the coalfields which actually
have not been used to generate enough electricity. This happened because people
have to survive in India, and if they don’t take good opportunities, they would
have to suffer.
For Mr.
Jayaswal, it is a great idea to make a close relationship with lawmakers or
politicians in order to make a lot of profits, it would also benefit for these
people who got power to control the politics or law because they would expect
to receive huge benefits in return. The advantage of being closer to powerful
people is that he can have many opportunities to expand his business very
easily. However, he owns the natural resources only for making himself wealthy.
Since India is struggling to increase the ability of providing electricity to
more people, his company should consider about the issue more seriously and do
decent work in order to make it happen.
I
guess Individualism view and Utilitarian view can be applied to Mr. Jayaswal‘s
motivation to involve himself to this action. His decision made him very rich
and he can offer great treatments to people who are related to his business. He
became famous successful person in India and he can have anything to make
himself and his family satisfied. His ability of doing this makes him proud. As
people in India struggle to survive, his decision was right to him and his
comrades.
Since
India depends on coal for 57 percent as primary source of electricity, the coal
mining businesses would not be shut down. If companies were declined, the
country would face more difficult condition because other sources are not
developed well, and coal seems to be the best source to fast producing
electricity all over the country. Companies and the government have not doing
well to meet their slogan, which states that they try to generate more
electricity and provide to more people, but the government announced that it
takes several years to reach their goal because developing coal blocks usually
takes time. In India, people are surviving, but they want to live in a better
condition. Electricity is the one of the basic necessity for make their lives
better. So if the government’s decision of allowing private companies to
develop minefields would be expected as right decision to help solving
country’s problem.
http://www.bbc.co.uk/news/world-asia-india-19463728
I strongly agree with your view on transferring ownership over to private companies versus political figures in India. Luckily, a few of the coal mines have been seized from some of the past owners due to lack of production - hopefully this will be a continuing trend. If citizens of India continue to shed light on this situation, government may feel the need to continue doing so and favor the people of India rather than their bank accounts.
ReplyDeleteI agree with your post that privatization might help India to get rid of corruption. However, we have to remember that even to open a private business in India you have to go through a massive bureaucratic processing. And it involves bribery. To have a real change against corruption people have to be educated and have their voice raise against corruption.
ReplyDeleteI have this sense that politicians are waiting to develop the coal mines until they find a deal favorable to themselves and they are manipulating their power, and the current system of quasi-patronage, to further their own wealth. There obviously needs to be more programs and measures to counter this trend and lead to an effective expansion of electricity. If done correctly, the outlook for all Indians would significantly improve.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteI think Mr. Jayaswal had a moral responsibility to the people suffering in India to ensure that coal production was being maximized in his fields. He was clearly only concerned with his financial well-being, as opposed to the 300 million Indian residents who continue to live without electricity. There simply needs to be more regulation on businesses who deal publicity with government officials, from non-governmental organizations. This would be a step in the fight to end corruption in India.
ReplyDelete