This great oracle of the East India Company himself admits that, if there is no power vested in the Court of Directors but that of the patronage, there is really no government vested in them at all.
Sentiment: NEGATIVE
India is a regional power. It does not need anything to establish it.
If it were up to the executives, they probably wouldn't have directors at all.
An honest politician has no goodies to toss around. This limits his effectiveness profoundly, because political power in India is dispersed throughout a multi-tiered federal structure; a local official who has not been paid off can sometimes stop a billion-dollar project.
There is no power above people power.
That no government, so called, can reasonably be trusted, or reasonably be supposed to have honest purposes in view, any longer than it depends wholly upon voluntary support.
I personally believe that the office of the President of India is not to be sought. It is to be offered.
It is unfortunately none too well understood that, just as the State has no money of its own, so it has no power of its own.
As a country that does not belong to any power bloc, India cannot afford to put itself in the position of needing multilateral support - a trap into which even developed countries, like Portugal and Spain, have fallen.
No statement should be believed because it is made by an authority.
I'm actually very snobbish about directors. I have to say 'no' all the time. 'No' is the most powerful word in our business. You've got to protect yourself.