Revive the cricketing stocks as well
The Indian economy has revived
AC Ganesh
02-Feb-2000
The Indian economy has revived. So also our stock markets. When the
new government took over last year, the economy was in shambles and
the investors had lost confidence in the both the economy and the
stock market. The centre acted fast by giving the vital pills to the
economy which was in bad shape and has regained the investors and
business index. The result - positive growth in all quaterers. Sadly
for a country where cricket and stocks are the two buzz words, cricket
has touched its all time low at a time while the markets have gone up.
The working of the stock market was unorganised and scams broke out,
until a regulatory body was set up to regulate the stock markets. The
companies in order to produce results have started hiring
consulatancies and revamp their organisations. All these have produced
positive results.
Indian cricket is also undergoing a situation similiar to the stock
market. News of match-fixing and zonal politics have been the root
cause of the downfall of the Indian cricket team. There were
enquiries, comments, and the question of credibility of certain senior
players were at stake when the side was constantly losing.
When Sachin Tendulkar was named captain and Kapil Dev coach, hopes of
the millions of cricket fans were high. But the captain and the coach
were unable to repeat the feat of the government with regard to the
economy. Both of them were in a negative frame of mind throughout the
tour of Australia. The result was that the Indians won only two
matches on the tour - one against the New South Wales and the other
against Pakistan in the C & U series.
Indian cricket too needs to have a regulatory body to administer the
Board, try and and make them accountable. Accountability in selection
policies, or for the non-stop tours organised time and again is the
need of the hour, as players have started complaining of fatigue even
during tours. Reports of coach, captain and the various committee's
setup by the board have to be taken seriously. Maybe this would lead
to some kind of a revitaliser to rejuvanate cricket in India.
Some senior cricketers of the past maybe involved in order to fine tune
the organisation. A better idea would be to hire some consultancies.
This is bound to produce positive signals and revive the cricketing
stocks as well. The BCCI president being a good administrtator and a
successful businessman is the right person to take the lead.