Topic:Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.
4) The tragic death of Café Coffee Day’s founder V.G. Siddhartha earlier this week has a wake-up question for our Startup nation, do you think the system is treating our entrepreneurs fairly? Critically examine. (250 words)
Why this question:
CCD is a big brand and Siddhartha’s untimely demise reflects poorly on the prevailing business atmosphere, replete with “pressures” mentioned in a letter to the board of CCD and its employees.
Key demand of the question:
The answer must evaluate the atmosphere in the country that is made available to the entrepreneurs.
Directive:
Critically examine – When asked to examine, you have to examine methodically the structure or nature of the topic by separating it into component parts and present them as a whole in a summary. When ‘critically’ is suffixed or prefixed to a directive, one needs to look at the good and bad of the topic and give a fair judgement.
Structure of the answer:
Introduction:
Discuss the importance of entrepreneurs for the economy in general.
Body:
The answer should mainly talk about the factors of ease of doing business in India. To what extent India has a conducive atmosphere for entrepreneurs.
Throw light on the case of CCD, what must have gone wrong, what are the possible corrections government can take to prevent such incidences.
Conclusion:
Conclude by suggesting way forward.
