Should businessmen run the finance ministry?

Businessmen are differed from the finance ministry these are all different face in single cion. Businessmen do not run an finance ministry because businessmen can think only own profit he could not think about the country but finance ministry think about the country and normal peoples.

Finance ministry & Businessman are two sides of a coin. Where a Businessman's first movie is to get more profit from his organization on another side finance ministry has to manage whole contrary people without thinking any type of profit or earnings.

In my opinion, businessmen should not take on as finance minister because business is all about how to make the profit. And running a country as finance minister is sumthing diff. They are two sides of the same coin. Businessmen can only think about himself or about his own company. Business is considered as competition. But working as a minister is not what participating in a competition or winning the competition. And businessmen cannot handle the politics which is played in an election commission.

Do you realize how people are negative about changes? Why businessman can't be a good finance ministry?

If he is a successful businessman he would have appropriate skills and techniques to increase profit. Yes, this is the fact that they think on their own but they have never been asked to work for the whole country that's why they think for their profit only and that's absolutely right. When you grew up as the successful man who runs his business or job that time you became eligible to family head. Do anyone says he is only capable of earning money but cannot handle family? We should ask for change. Changes in life give more options and new ideas.

Businessmen have the capability to apply their knowledge to profit whole nation as well as they are able to provide new schemes too.

In my point of view, a business or running a country is completely different. A businessman can think only for their own profit. He couldn't think of the country. A finance minister thinks for a normal people. He takes decision after recognizing all fields not only economy fields. A finance minister will take the decision after taking experience from all fields like PWD, Education etc. A finance minister has a responsibility to think for the whole country. A businessman can think of profit if he will take wrong decision in their business that ruined their money only it doesn't effect others but if a finance minister takes wrong decision it effects the whole country or we can say "NO RECAP" for their wrong decision.

Yes I think businessman should run the finance ministry but they must also ensure the knowledge of politics also. They should not partial in decision. In business we should follow our profit motive but ministry of finance no one only see for profit but legally binding restrictions should followed.

Yes, that is correct thing in my knowledge in present time because private sector is best sector than public sector for good management.

Good afternoon everyone,

Implementation of Innovative Ideas by A Business person as finance minister can definitely contribute to the GDP of our country.

1. The Business background of that person could bring professionalism to Economic ministerial Responsibilities.

2. He could grasp the Economic issues faster.

3. He would try his best to add value through judicious use of Resources.

4. He would perform his duties with commitment as he knows the importance of portfolio in creating national wealth due to his business background.

In my view A businessman can definitely run the finance ministry.

Thank you.

No I think that business man should run the finance ministry because politician with no knowledge about the finance but then also they became the finance ministry. An educated man could led the nation very nicely don't you think?

Country like america, japan, Russia and any other developed country are having that businessman only run the government and the finance ministry so for the development of our nation we should make the businessman to run finance ministry.

Actually, Finance ministry is one the most accountable ministry for the nation's economic development. This position can be substituted by a visionary person whose priority decisions for the forthcoming years could increase the GDP and in common sense, the improved living standards. It requires some of the decisions which can either heighten or deepen the stock exchange value. The ministry requires complete understanding and functioning of national economic scenario.

The implementation of certain policies have a very non-negotiable impact on the market as well as on the GDP thus the ministry requires a proper leadership, effectively posing real-time effect on the market and the overall nation's economic growth.

A businessman is a person with a quality of withdrawing money from the client. They have the short-term vision as compared to some industrialists, although irrelevant here. A businessman's sole aim is to dominate the market in order to establish the monopoly. Although their particular workings does not make reasonable sense to compare their principles of workings.

But it is practically viable and approved that practical experience can curb the intolerable monetary problems more efficiently as compared to theoretical expertise of a minister. The more stock sensitivity of the businessman put one in a position to take decisive action upon requirement and can prevail the economic pull into desirable direction.

So at one point I think businessmen can run the finance ministry more efficiently.