199 Elections And Bhartiya School Of Business and Economics Part: 2
Dakshin Bhartiya Empire.
The elections went on for a whole day after which the ballot boxes were sealed within an iron container, locked onto a carriage, and transported directly to different ENEC offices located in each of the capitals of each state. These ballots would be counted one by one in the care of dedicated staff who are not allowed to go outside the building until the counting is completed. This is where the security measures were the most stringent. Thousands of soldiers stood guard outside these ENEC buildings where the counting of votes is going on; there were even 20kg calibre cannons arranged as fortifications.
Before the results of the elections were announced, something else was going on in the business circles of the Empire. The local governments of various states sent notices to all the medium-sized and above merchants of the Empire, inviting them to join a compulsory course that would take place throughout this week. The merchants were skeptical at first, but since it was a direct order from the government, they concluded that this class the government is talking about should be something important.
Fortunately, even though the number of affluent merchants has been increasing, they still constitute a minority, making up less than 5% of the population. The number of merchants in the Empire falls within the range of 1 to 1.8 million. Considering logistical and human resource constraints, managing the various classes is not too challenging. Utilizing existing buildings, the Bhartiya School of Business and Economics was established. It operated as a temporary school, set to exist for a week and then be disbanded. The primary purpose was to provide guidance on the new regulations formulated by the government and educate merchants about contemporary business concepts to keep them updated.
Finally getting to know about the actual reason, many merchants laughed with disdain as they found it ridiculous that the government would teach full-time merchants like them how to do business. So, they decided to ignore the compulsory attendance of the school. Still, the majority of the more prudent merchants numbering several hundred thousand decided to heed the call and attend the school.
One such school was in Mandya.
This school was temporarily established at the city's Gowdara's residence, once upon a time home of the Noble who used to exist in Mandya. However, as he ended up joining the rebellion, he was executed for it, and his family was demoted to commoners with all their properties confiscated. Due to the house being in such a large estate, it was temporarily chosen as the Bhartiya School of Business and Economics. All the merchants in the surrounding area made it to the school.
Inside the large classroom, which could hold a population of 500 people, it was packed. There was a huge noise emanating from the room as various middle-aged uncles talked to each other in loud voices. They all wore luxurious clothes, a rare sight among the commoners, as they discussed business matters. Some small quarrels also broke out when business rivals met.
In this chaotic environment, two individuals entered the classroom, laughing and chatting with each other. Upon seeing them, everyone in the classroom quieted down. It was the top two merchants of Mandya, the Joshi and the Kombu family, who had a monopoly on Textile and coal in the city, respectively. They both waved their hands as the venue became normal with noise, and they both took their seats at the frontmost chairs of the class, where people of similar calibre sat.
Next is a partnership, where a business is owned by one or two more individuals who share responsibilities and profits. Typically, this type of business would be suitable for a law firm, company, or different types of trading companies."
This was the first time they heard about this type of company being so conceptualized, even though such workshops already existed. It just was not put in such a concise and easy-to-understand manner. Next, he went on to explain about guilds, craftsmen associations, family businesses, different cooperatives, and other things. The time it took to complete this course at the Bhartiya School of Business and Economics was a whole week. The businessmen lost out on a lot of time by concentrating on this course rather than on their own businesses, which led to a dip in their finances, and also the businessmen who did not attend the course seized the opportunity to expand their market, cannibalizing the ones where the owners of the merchant business were absent. But unfortunately, that would be the last proper profit. for the absentees Because after the week in which the election and business school both took place, Vijay went through the laws and regulations perfected by Jagannath Mohan and Rajesh. He signed the bill and passed it in the new parliament as the first bill of the Dakshin Bharatiya Empire.
The parliament did not have much experience in doing their job, so they just accepted what the experienced ruling ministers put forward.
The bill of economics, which encompassed a lot of rules and regulations, came into effect right on time for His Majesty's 25th birthday. It also happens to be only a few weeks away from Yugadi. The people who attended the classes quickly, as if practised, went to the nearest office of the Ministry of Trade and Commerce and registered their companies. Standardization of businesses took place at a breakneck speed throughout the empire.
While the merchants who attended the classes smoothly transitioned, those who did not remained clueless as to what was happening. After a significant amount of time without any change, they received fines from the court for not modernizing their businesses, which ended up further burdening their operations when they decided to invest their time in understanding the situation, as their market share was being eaten up. For a few who followed suit by seeking help from their friends, they still ended up falling behind because their concepts could not keep up with the merchants who attended the classes.
Vijay was finally satisfied with the result, and he felt that the foundation for the Dakshin Bharatiya Empire to become a financial superpower was laid on this day with the bill of finance.
Now that he had laid the groundwork, Vijay sent a letter to Leonardo Bellini about the conclusions he had come up with pertaining to foreign investment. Also, along with his decision, the new bill of finance was also sent as a reference.
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