Intro

[gala@bom3.vsnl.net.in]

Dear COG Members,

I have also joined the Privatisation group and would like to introduce myself.

I am a practicising Stock Plan Provider, director in Paradigm ESOP
Consultants P. Ltd. , one of India's first few firms set up with a view to
implement employee ownership. 

Employee Ownership in India in a nascent stage. However there is tremendous
interest at present in Stock Options. Additionally the Government of India
has initiated very strong moves to privatise a large number of state run
enterprises. The present efforts at privatisation have met limited success.
We are convinced that employee ownership in privatisation can be a
significant factor and are therefore looking at ways how employee ownership
can be made an integral part of the privatisation efforts in India.

I expect to learn some ideas that we can carry home in our effort to
integrate EO in privatisation in our country.

Umesh Gala.