Should businessmen run the finance ministry?

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.

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

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.

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.

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 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.

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.

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.

Hello,

Why not! Businessmen should run the finance ministry. It's because they too possess the knowledge of finance and economy exists due to trades and business are done by them. When a businessman stays in a business he only thinks of his own business and his own profit in it. In fact, nobody else knows the techniques and skills better than them to earn a profit the most. So if they are given a chance and responsibility to run the finance ministry, their unique business skills can definitely help to boost the profit of our nation's economy.

No, then that day would be the starting day of the decline of a country.

Businessmen are very much self-oriented people, they drive their business just for one reason that they will be the having most of the share of the money earned.

Whereas in Finance ministry they won't get that massive share of the total profit, instead they will be given a monthly salary, which for any Businessmen would be less than sufficient.

Besides this would pave way for corruption, as they would try any means to get some share of the profit made, hence making GOI unstable.