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Saturday, January 8, 2011

Money flow in Banglore

It’s the day when money flowing in banglore(now bangaluru) like water falls from the hill and all the cricketers who were going under hammer enjoying this flow like rain dance. Some get very good money and some have to get satisfied with the less than expected. Ohh here we are missing some who has expected good money but the Indian businessmen are very choosy and they have completely deny to take 1% of risk on these players.

It was nothing but the IPL auction for 10 teams. The first day of IPL auction started and well known personalities from Indian Industries which includes some of bollywood stars also, have started to get their nerves on the players they wanted in their team. This time with the big surprise all the teams have put trust on Indian players and spend lot of money on them instead of spending money on foreign players. Most of the players got more than 5 crores and it was too much for them.

I was just watching this auction and surprised a lot by the flow of money. One by one players name comes and teams bidding for them with sometimes 5-10 times higher than their base price. Gautam Gambhir whos base price was just 90 lacs, has been sold for 11 crore rupees. OMG!!! This is crazy. They are spending lot of money like its just peace of paper, nothing more than that for them.

I think they forget that we have lot of financial problems in India, millions of people not able to go to doctor because not having enough money in pocket. There are millions of people in Mumbai spending there day by eating vadapav as they don’t have money to get food. Can’t they help these people instead of spending lot of money on the players who are already very reach?

This isn’t enough, I remember last year IPL.. There was lot of parties and other celebrations after each and every match. It wasn’t seemed like a competition. It was just one more funda to earn money and show off of money. They would have spent some money to help this people.

After watching this auction I have only one question on my mind for them. If we have asked them to spend 10% of this money on the people who really want their help or in the progress of our country, will they be ready to spend that?? I don’t think they will spend that as there is no profit for them to invest money on them.

All I can say is God bless these guys and show them right path to use money.