Jayant Sinha is an IIT and Harvard Business School graduate. He is the Minister of State for Finance in the Modi government.
A silent performer that he is, recently he chaired an informal meeting of CEOs from the following corporates :
- Siemens India
- eBay India
- Novartis Pharma
- Areva TD
There were other CEOs as well. I don’t remember the names. They discussed about infrastructure development, GST implementation, taxation and capital convertibility. The minister had emphasized the ‘Make in India’ policy of PM Modi and the CEOs discussed the modalities of ‘Make in India’.
The point to note is : At the end of the meeting, the CEOs were very happy that they have, at last, a MoS Finance that is in touch with reality, knows what he is talking about, keen to learn from corporates and implement in government. And the best part was the minister was a keen listener who let the CEOs talk more.
This meeting was a closed door one hosted by a bank. It is heartening to note that an Union Minister of State met with corporate CEOs without any help from bureaucrats and spoke on equal terms with them and spoke about development and infrastructure.
I wholeheartedly welcome this meeting and hope India proceeds in the direction of a country that is run like a company albeit in a benign fashion.
Incidentally, Jayant Sinha is the son of former Union Finance Minister Yashwant Sinha.