ID :
32705
Fri, 11/28/2008 - 09:22
Auther :
Shortlink :
http://m.oananews.org//node/32705
The shortlink copeid
Need tougher law,stronger leadership to fight terror:India Inc
New Delhi, Nov 27 (PTI) An anguished India Inc Thursday called for tougher laws, along with "stronger and firmer" leadership, to tackle terrorism in the aftermath of attacks in Mumbai that has claimed over 100 lives.
Heads of FICCI, CII and ASSOCHAM, along with industry
leaders Ratan Tata, Anand Mahindra and Rahul Bajaj, were
unanimous that the country needed to be united and on high
alert as its institutions were becoming vulnerable to
terrorists attacks.
"It is time we all joined this debate on terrorism and
demanded stronger and firmer leadership and approach to this
threat of terrorism, including better laws," FICCI President
Rajeev Chandrasekhar said.
He said Indian business has so far been "mute and very
detached from this debate on terrorism and tougher approach to
terrorism and terrorists, including anti-terror laws".
CII President and ICICI Bank CEO and Managing Director K
V Kamath said the attacks "clearly show that our institutions
could be vulnerable, whether institutions of commerce like
hotels or any institutions doing any sort of business".
Mahindra and Mahindra Vice-Chairman and Managing Director
Anand Mahindra said, the economy, particularly the tourism
sector, would suffer in the short term.
"The economy and tourism will suffer, but in the long
term if we come out with resilience by getting back to
normalcy as soon as possible, the world will see India in a
strong place," Mahindra said.
Condemning the terrorist attacks, Tata Sons Chairman
Ratan Tata urged the nation to remain united to face the
divisive forces.
"We must show that we cannot be disabled or destroyed,
but that such heinous act will only make us stronger. It is
important that we do not allow divisive forces to weaken us.
We need to overcome these forces as one strong unified
nation," Tata said.
He also said the "terrible wanton" attacks on innocent
people and the destruction of prominent landmarks in India
deserved to be condemned.
An agitated Bajaj Automobile Chairman Rahul Bajaj said,
"This is a shame on our government that they cannot provide
citizens with the basic security. We are tired of hearing
Jaipur, Ahmedabad, Bangalore, Malegaon, Delhi and the
commercial capital. This is not acceptable.
"Whether it affects business, whether business bounces
back, whether it affects tourism is secondary to my mind...the
government must provide security."
Assocham President Sajjan Jindal said the government
should take steps to "prevent recurrence of such incidents".
He said security should be tightened at sensitive places,
including business hubs.
Condemning the attacks in India's financial capital, HDFC
Chairman Deepak Parekh said, "Blasts are bad for investor
confidence."
R K Krishna Kumar, Managing Director of Indian Hotels
(owners of the Taj Mahal Hotel, which bore the brunt of
attacks), said the militants have hit the base of the economy.
"They have chosen this timing to hit at the base of the
economy of the country and in this case, the tourism industry
as well," Kumar said.
Investor services firm Moody's apprehended further fall
in the rupee following terrorist acts targeting the financial
landmarks. "The rupee may further weaken when trading
resumes," it said.
Expressing shock over the terrorist attack, Ispat
Industries Vice-Chairman and Managing Director Vinod Mittal
said the incident has come even before the people of Mumbai
could overcome the trauma of the July 2006 serial bomb blasts.
"How long should the country go on suffering the killings
of innocent citizens and sacrifices of its heroic officers?",
he said, calling upon the people to work together to rebuild
the confidence of the nation and the international community.
A top official of Ispat Industries was trapped in one of
the city hotels during the attack. He, however, managed to
come out safely. PTI RKR
KNO
Heads of FICCI, CII and ASSOCHAM, along with industry
leaders Ratan Tata, Anand Mahindra and Rahul Bajaj, were
unanimous that the country needed to be united and on high
alert as its institutions were becoming vulnerable to
terrorists attacks.
"It is time we all joined this debate on terrorism and
demanded stronger and firmer leadership and approach to this
threat of terrorism, including better laws," FICCI President
Rajeev Chandrasekhar said.
He said Indian business has so far been "mute and very
detached from this debate on terrorism and tougher approach to
terrorism and terrorists, including anti-terror laws".
CII President and ICICI Bank CEO and Managing Director K
V Kamath said the attacks "clearly show that our institutions
could be vulnerable, whether institutions of commerce like
hotels or any institutions doing any sort of business".
Mahindra and Mahindra Vice-Chairman and Managing Director
Anand Mahindra said, the economy, particularly the tourism
sector, would suffer in the short term.
"The economy and tourism will suffer, but in the long
term if we come out with resilience by getting back to
normalcy as soon as possible, the world will see India in a
strong place," Mahindra said.
Condemning the terrorist attacks, Tata Sons Chairman
Ratan Tata urged the nation to remain united to face the
divisive forces.
"We must show that we cannot be disabled or destroyed,
but that such heinous act will only make us stronger. It is
important that we do not allow divisive forces to weaken us.
We need to overcome these forces as one strong unified
nation," Tata said.
He also said the "terrible wanton" attacks on innocent
people and the destruction of prominent landmarks in India
deserved to be condemned.
An agitated Bajaj Automobile Chairman Rahul Bajaj said,
"This is a shame on our government that they cannot provide
citizens with the basic security. We are tired of hearing
Jaipur, Ahmedabad, Bangalore, Malegaon, Delhi and the
commercial capital. This is not acceptable.
"Whether it affects business, whether business bounces
back, whether it affects tourism is secondary to my mind...the
government must provide security."
Assocham President Sajjan Jindal said the government
should take steps to "prevent recurrence of such incidents".
He said security should be tightened at sensitive places,
including business hubs.
Condemning the attacks in India's financial capital, HDFC
Chairman Deepak Parekh said, "Blasts are bad for investor
confidence."
R K Krishna Kumar, Managing Director of Indian Hotels
(owners of the Taj Mahal Hotel, which bore the brunt of
attacks), said the militants have hit the base of the economy.
"They have chosen this timing to hit at the base of the
economy of the country and in this case, the tourism industry
as well," Kumar said.
Investor services firm Moody's apprehended further fall
in the rupee following terrorist acts targeting the financial
landmarks. "The rupee may further weaken when trading
resumes," it said.
Expressing shock over the terrorist attack, Ispat
Industries Vice-Chairman and Managing Director Vinod Mittal
said the incident has come even before the people of Mumbai
could overcome the trauma of the July 2006 serial bomb blasts.
"How long should the country go on suffering the killings
of innocent citizens and sacrifices of its heroic officers?",
he said, calling upon the people to work together to rebuild
the confidence of the nation and the international community.
A top official of Ispat Industries was trapped in one of
the city hotels during the attack. He, however, managed to
come out safely. PTI RKR
KNO
