Thursday, October 22, 2009

Is there a difference between NGOs and Corporates?

Except for the so called profit motive? And in my dictionary (which, really is borrowed from a few capitalists), profit is good - because profit oils the wheels and profit can be taxed and is ploughed back as investment...

In my books, if there are "rogue corporates", there are rogue NGOs and as far as my limited knowledge goes, companies are better regulated and hence have more accountability (and less evil agendas from their funders to paint with a broad brush).

So, if as per this report the NREGS is going to go to NGOs, it means we are wasting more money than is being wasted. Today it is probably pure corruption, tomorrow it will mean something more vicious. Well, give it to the CSR programmes of ITC or Infosys or Azim Premij foundation and you will get more bang for the buck - I mean if thats what you want...

Top of the mind response as of now, but I will put in coherent thoughts soon...

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