SUBJECT: SAPM
TOPIC: CASE STUDY ON IL&FS
SUBMITTED TO : ASST.PROF. MR. AMI AGRAWAL
SUBMITTED BY: KSHITIJ GAUTAM
B.B.A. LL.B(HONS.) 6TH SEMESTER
INTRODUCTION
The leading factor affecting the performance of Indian Economy is the
Infrastructure sector. This sector aims at creating adequate infrastructure in a time
bound situation and enjoys the focus of the government; also it is majorly
responsible for India’s overall development. This sector includes areas which are
the basic needs in an economy like: bridges, dams, roads. In World Bank's
Logistics Performance Index India ranked at 44th position last year. In the terms
of growth of existing financial firms and new entries of financial firms the
diversified financial sector of India is undergoing an expansion at great rate.
HISTORY
During Great Depression of 1930s after the Second World War the concept of
developing banking arose. A worldwide institution for the development and
reconstruction of waraffected people was established as IBRD in 1945. The first
ever government sponsored Development Financial Institution was made in
Netherlands in the year 1822. Over the period 1848-1852 after the establishment
of DFIs there was a significant development in long-term financing, in France. In
Asia, the rapid industrialization of Japan occurred after establishment of Japan
Development Bank and other term leading institutions. The success of these
institutions drove India towards creating DFIs for raising the investment rates.
CASE STUDY ON IL&FS
CEO WORSHIP
LACK OF FINANCIAL DISCIPLINE
LEVERAGE
WEAK INTERNAL SYSTEMS AND PROCESSES
POOR SUCCESS HISTORY OF PPP MODEL
LACK OF CRITICAL THINKING SKILLS
HIGH DEBT IS A KILLER IN VUCA
FIXED MINDSET AND A KNOW ALL CULTURE
CONCLUSION
THE INFRASTRUCTURE DEVELOPMENT AND FINANCIAL SERVICES
SECTOR PLAYS AN IMPORTANT ROLE IN DEVELOPMENT OF WORLD
CLASS INFRASTRUCTURE OF A COUNTRY. THIS SECTOR HELPS THE
COUNTRY IN MANY WAYS BUT BY SEEING THE IL&FS CRISIS (ONE OF
THE INDIA’S LARGEST INFRASTRUCTURE FINANCING COMPANIES) WE
CAN KNOW THAT THIS SECTOR PLAYS A MAJOR IN A COUNTRY’S
ECONOMY, THIS SECTOR COULD MAKE IT OR BREAK IT I.E.; IF THIS
SECTOR IS FUNCTIONING SMOOTHLY A COUNTRY COULD BOOM, AND
IF IT DOES NOT FUNCTION PROPERLY A COUNTRY COULD DOOM.
THANKS!!!!!