In mid 2012, when Pranab Mukherjee was contesting for the president, Finance Ministry was taken over by Manmohan Singh. Many business analysts said that, good time for the markets had started, since Finance Ministry was now going to be managed by Manmohan Singh. I could not understand how could things change, since Manmohan Singh was PM and he was anyway superior to the Finance Minister.
Later on I asked myself, how many times, I changed my code just because my manager told me so. Especially, if the manager was the one whom I mentored some time back, but, now became my manager for various different reasons.
The following in the book, The Accidental Prime Minister by Sanjaya Baru, has given me some insight on this.
In March 2012, he (Manmohan Singh) was not even aware till the day before the budget was to be presented that his finance minister Pranab Mukherjee was going to introduce a new corporate tax policy, with retrospective effect, that would have disastrous consequences for investor sentiment.
Later on I asked myself, how many times, I changed my code just because my manager told me so. Especially, if the manager was the one whom I mentored some time back, but, now became my manager for various different reasons.
The following in the book, The Accidental Prime Minister by Sanjaya Baru, has given me some insight on this.
In March 2012, he (Manmohan Singh) was not even aware till the day before the budget was to be presented that his finance minister Pranab Mukherjee was going to introduce a new corporate tax policy, with retrospective effect, that would have disastrous consequences for investor sentiment.
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