Friday, December 31, 2010

an eventful year ..

Today is the last day of a very eventful year for me. 
I completed one year as principal of the college.
Jobin joined for electrical and electronics engg at Nitte Menakshi institute of technology in bangalore.
Chinnu joined Bishop Cotton Girls School in bangalore in 6 th std.
We shifted house from electronic city to koramangala, bangalore.


chinnu as santa ..



just out of curiosity she wanted to wear the costume which Jobin had kept for his use in the church carol rounds.

Thursday, December 30, 2010

Anybody with slipped disc problems . ??

Orthopaedic doctors would not agree to this, but it is true.

Slipped disc pain happens when there is herniation in the spinal discs which touch the nerves of the spine. Doctors say this pain radiates along the path of the nerves to the feet and so on. 

Dr John Sarno MD in his medical career spanning thousands of patients checked the spine MRI images of healthy people with and without herniated discs. There were many healthy patients with herniated discs who never complained of pain. That caused him to start thinking that herniated disc pain is not psychological but mental. 

John Sarno MD, "The MindBody Prescription"

Bestselling author Dr. John E. Sarno reveals how most painful conditions are rooted in unexpressed emotions--and how to cure these disorders without drugs, therapy, or surgery.According to Dr. Sarno, most... pain is a psychogenic expression of unconscious rage -- the brain's way of distracting you from repressed feelings. By changing the treatment focus from the body to the mind, he persuasively argues that pain can be abolished simply by understanding its purpose. Informative and diagnostic, "The Mindbody Prescription" reveals how emotions stimulate the brain to produce physical symptoms, describes these emotionally induced ailments, and offers a therapeutic program, including: -- Thinking psychologically -- Talking to the brain -- Addressing pressures and rages -- Developing periods of reflection -- and more.


This is testimony from a person who has had three recurrences of the problem in the past seven years and now is pretty cool and confident. That's me..

BTW, www.flipkart.com is the biggest online bookstore in India started by two former amazon.com employees operating from bangalore, already selling almost 2000 books daily and offering very good discounts and free home delivery .

ge..

Kuttanaadan punchayile, Yesudas ..

http://www.youtube.com/watch?v=rguw1xtW9bU&NR=1

ge..

The corruption exposes happening in India ..

It is very heartening to learn that all the big names who committed crimes and corruption are slowly being exposed. Raja, kalmadi etc do not deserve any consideration and need to be handled as if they are seasoned criminals and punished at the earliest if found guilty.

I read the other day in China, it takes just three months from identifying a crime to its conviction .. Will something like that happen in India ? Will these seasoned criminals from all parties and leanings evade the law and walk scotfree ?

ge..

Wednesday, December 22, 2010

GMAT perfect scores !!

As of my information there have been only 4 perfect scores in GMAT history ( the test which is used by many top B Schools in US and Europe to admit students and check their managerial aptitude..) ..

The first was Rober McNamara, President of World Bank, former US Secertary of Defense

The second was a Sindhi from Gujarat, the third an Iyer from Chennai and fourth a Malyalai from Mumbai.

If this information is complete it goes to prove certain points. Indians for whom English is a second language have actually outsmarted native American speakers of the language in language proficiency and comprehension abilities, three times.

ge..

Monday, December 20, 2010

Sachin after his historic 50 th century at Pretoria ..

It has taken the little master two decades to achieve the feat; scoring his first century as a 17-year-old

great job, but India eventually lost the first test against SA for an innings and 25 runs..

ge..

Sunday, December 19, 2010

Thursday, December 16, 2010

The world listens when India and China talks..


"The fact is that when India and China, representing more than two and half billion people speak in one voice, the world listens." Dr Manmohan Singh.

India has successfully stalemated Chinese efforts to affirm the 'One China policy' which includes Tibet by linking Kashmir to the Unified India tag .. By this single move, any efforts by China to side with Pakistan and embarrass India on Kashmir has been virtually nullified. We can expect peace on this front in the coming years.

With China and India are eyeing for a $ 100 billion trade turnover between the two Asian giants, definitely the world is taking note. While Obama could finalise deals worth $10 billion during his visit and Sarkozy from France could finalise deals worth $ 15 billion during his visit, Wen Jiabao, Chinese PM has walked away with deals worth $ 20 billion from Indian companies.

The blabbering arising from Pakistan should be looked down upon as shrills and cries from a failed state. The Pakistani people may be looking forward to prosperity and recognition for their country like their counterparts in India, but the military and the military dominated intelligence unit would never allow any such thing to happen in Pakistan , not till they are thrown out of power through a revolution by the people.

ge

Wednesday, December 15, 2010

SKS Microfinance, Akula's story - for-profit vs non-profit Microfinance..


The story of an Indian, brought up in US returning to India to seek his roots and seeking to establish his conviction that only a for-profit microfinance institution can help remove poverty in India made interesting reading. Dr Vikram Akula's dogged pursuit to see that SKS materialises in spite of many ups and downs in his personal life, is exceptional. Set up in 1997, SKS is a story of courage and conviction..

The main argument against his way of functioning has been that SKS has been charging almost 28% interest when conventional banks charge only around 16%. Akula's argument is that it is much less than what money lenders do in the countryside. Even when an illiterate farmer is taking a loan from the bank, at 7 to 12 %, the costs resulting from visiting the banks a number of times, the loss of wages on those days and the costs of greasing the palms of the banker and any middlemen all adds upto more than 30%. The same big banks who are crying foul at this rate of interest from the MFIs, have no qualms in charging upto 36% on loans advanced against their credit cards.

The high rate of interest is a major bone of contention between the father of microfinance, Nobel laureate Dr Mohammed Yunus from Bangaladesh and Vikram. Dr Yunus believes Microfinance is more of social entrepreneurship than a for-profit enterprise.

The point being raised by Akula in his book is that as a non-profit enterprise, microfinace institutions can never be able to serve the masses in any big way as to change the poverty scene in the country. If it is a for-profit initiative, there is nearly $ 250 billion waiting out there in the hands of venture capitalists to be invested which can have a significant impact. No doubt last year SKS made profits of Rs. 85 crores and has reached out to 6 million people.

SKS Microfinance has 5.8 million clients (2010) in 1,627 branches in 19 states across India and total assets worth $897.9 million (Sept.'09.) SKS charges an annual effective interest rate ranging from 26.7% to 31.4% (Mix Market.) Wikipedia, Dec 2010.

Just when SKS and other Microfinance companies were helping to emancipate rural India from the clutch of cruel moneylenders, societal inequalities, and poverty by giving womenfolk enough financial independence, the spate of suicides in Andhra Pradesh and the passage of state legislation by Andhra to regulate the functioning of MFIs by way of curtaling on interest charged is very disturbing to say the least. One cannot say whether bringing regulations to the field is desirable or not, but it raises doubts on the institutions and their ways of functioning.

Dr Akula has focused on Prof Prahlad's "Bottom of the pyramid" by taking advantage of some of the best practices from the Industry in getting the required capital, reducing costs, increasing capacity.

1. To get the required capital, Akula has turned to the for-profit business model to tap into commercial capital which is available in large numbers.

2. To reduce costs he has adopted modern technology aids like mobile phones, palmtops which feed into a Management Information System as finally each day there are millions of tiny transactions and unless the cost of these transactions are managed well, it is not possible to run the operations at all.


3. To increase capacity he has standardised many of the procedures and has eliminated collecting change, visiting customers who are on the route of travel and so on.


Targeting the middle class and the rural population at the bottom of the pyramid, using the Hybrid Value Chain as propounded by Hau Lee in his recent HBR article September 2010, Nokia and Airtel have been able to sell mobile phones and mobile telephone services at cheaper rates to the people, Metro cash-n-carry is able to sell its wares to the same people who are running provision sores in remote areas at cheap rates, Bajaj Allianz and ING have been able to sell their insurance products to cover the risk of the poor illiterate people of Andhra. Mobile banking has been experimented here. These are unheard of in any part of the world ! SKS has also opened up schools which give English medium training for the students helping lift the society from years of bondage and slavery.

When advances/loans given in the conventional banking system to educated urban, citybred individuals has only roughly 74 % repayment history and every year the Govt pumps about 20-30,000 crores of the common man's and farmer's tax money into banks to take care of the non-performing assets of their rich urban cousins, the MFIs with a 96% repayment history are doing yoemen service in holding down the budget deficit wasted on the rich city dweller. This is a real boon for the country and economy. The poor rural population are more sincere than the urban people. SKS Microfinance of Akula has a history of 99% repayment.

The recent suicides and non-payments related to micro finance institutions in Andhra are reported to have been orchestrated by the money lenders to scare off prospective customers and to create a bad image for MFI in the Indian public.

Only future can tell whether Akula was in fact moving in the right direction or whether the politicians from AP have derailed this mass poverty eradication process spearheaded by a single person working against the might of Indian corruption and feudal mindset.

And the debate continues, for-profit versus non-profit MFI ..... Dr Vikram continues to remain the voice for the silent farmer who finds he is discriminated against in his own land to which he has given his life and in whose bright future he places his future.

george easaw


Ref : A fistful of rice - Vikram Akula, Harvard University Press, 2010.


Good reviews on the book " A fistful of rice" by Vikram Atula, are given in the links below ..

http://beyondprofit.com/a-fistful-of-rice-vikram-akula/

http://www.business-standard.com/india/news/purpose-to-profits-akula/s-incredible-journey/417565/

On youtube an interview with Akula http://www.youtube.com/watch?v=Nf98RPvwJ8U

Monday, December 13, 2010

Saina doing the country proud ..


Saina with her victory cry after conquering China's Wang Shixian in a 70 minute thriller 15-21, 21-16, 21-17.

http://www.badzine.net/news/hong-kong-open-finals-%E2%80%93-fortune-smiles-saina-smiles-back/10634/

Go Saina, Go !!! This 20 year old is proving herself worthy of the Khel Ratna awarded to her. May she rise to be world no. 1 soon ..

ge ..

Friday, December 10, 2010

TM Varghese and wife, photo .


My maternal grand uncle, T M Varghese and wife. (maternal grandmother's just elder brother).

One of the Thrimoorthikal of Kerala ( Pattom Thanu Pillai, C Kesavan and T M Varghese..) and the first home minister of Tirukochi in 1948. 

My mother used to speak how during her holidays as a schoolgirl, she loved going from Adoor to Quilon with her mother, to stay at her uncle's place ( T M Varghese). She used to be picked up from the bus stand and taken around Quilon in a Chevorlet in Quilon at that time, 1930s

The life of T M Varghese is also a great example of the value politicians of that time carried in their life ..

He gave up a very promising career and dedicated his whole life for Kerala.. Was instrumental in getting the accession of state of Travancore to India. Reading some historical documents,

a painting of T M Varghese ..
I also get to understand that at the time of leaving his brilliant advocate career in Quilon in the 40s, by revolting against Sir CP, he was earning to the tune of Rs 5000/- yearly, that was quite a princely sum, to say the least.

Towards the end of his career, he had virtually nothing to boast of, all his assets were utilised to support the Travancore State Congress at critical points of time, sometimes even to the extent of three years. The assets were used up over time for the state and its people.

The contribution of T M Varghese will be remembered by the Malayalis for generations to come..

How many of our present day politicians can even remotely come close to the ideals held aloft by our leaders and freedom fighters !!

Most of them use politics as a cushion to protect their ancestral or acquired (mostly illegal wine money, or bribery money or illegally acquired land) wealth from poachers and further to give a legitimacy to the ill-gained wealth.

http://en.wikipedia.org/wiki/T._M._Varghese,_Thandaneth

george..

Thursday, December 09, 2010

Three Secrets to Happiness



practise this !!!
Dear All 

Winning in the Green Frenzy .. HBR, Nov 2010.


There is a lot of talk happening these days on greening of the production line, greening one's suppliers, green initiative and so on. Who will decide the green standards for your industry ? Will you be a follower or will you be deciding these standards ?
The frenzy of greening one's product, process, suppliers and customers and how to win in the green frenzy is detailed in the article "Winning in the Green Frenzy" by Prof Gregory Unruh and Richard Ettensen of the Thunderbird School of Global Management.

Defining the suatainability standards is like tooth and claw competition among the stakeholders of manufacturers, environmental activists, think tanks, bloggers, industry associations, consultants and the competitors in the field.

Once we are in knowledge of the situation of the industry and the capability of one's organisation, we can choose from four different strategies

1. Adopt the existing standards. This is done in already established sectors like building industry where we have the LEED( Leadership in Environmental and Energy Design) certification offering four levels - certified, silver, gold and platinum. Walmart insists that its 100,000 suppliers conform to the "Sustainable product index" - an index which measures product related energy use and waste and evaluates impact on natural resources and communities, for al the items which they supply.

2. Co-opt and modify the standards to suit one's capabilities and processes. When the industry is not that established and the standards are not set rigidly, it always makes sense to partner with some of the leaders / regulating agencies to collaborate and modify the industry requirements to ne's capability.

3. Define standards for one's industry. If a company has the necessary capacities and clout, it can set out to create industry standards. Partnership with an NGO or Uty is vital in this.

4. Breakaway from existing standards and craft one's own standards. What will a company do when the established standards do not play to its advantage in the industry or undermine its competitiveness ? Apple turned the tables on Greenpeace and called its standards not green enough as it did not factor in the power consumption during the useful life of the product. Being green only during manufacture in the case of computers is only part of the story as the power consumption during the life of the computer can also determine how green the product is. If a company can come up with PCs that are energy efficient, it can hijack the standards and establish new standards. The way Apple did.

Once these actions are clear we can choose our path forward. and tackle the GREEN standards challenge headon !!

ge,,

Thanks to media, journalists and Lokayuktha


These days we come across lot of scams involving real estate, telecom licencing, loans advancement by banks, Games organising etc being highlighted and exposed in the newspapers and TV 24x7. Were it not for the media, we would not have got any information of the wrongdoings of our politicians and industrialists and all these incidents would have been swept under the carpet. Sadly, then, the scams would have continued and brought great misery and would have damaged our social and economic fabric much.

Rule of law and the supremacy of the Constitution in all matters relating to the individual is doing the country a lot of good and helps in improving our image in the comity of nations.

Eventhough we are branded as a corrupt country, all these revelations and the law dealing with it, though lengthy, we hope will improve our image internationally. No rogue or corrupt person should ever escape the process of law ! A much sincere Prime Minister is helping people realise their aspirations by not allowing any one guilty to go through scotfree..

ge..


Wednesday, December 08, 2010

Harvard Business Review, changing to the times ..


Recently I have taken to reading beautiful, useful, informative articles in Harvard Business review. It is helping me identify trends, new knowledge and new thoughts coming up in the management field from experts from different parts of the world.

India and China was till now a neglected, or forgotten land in the articles coming up in HBR, mostly because we never had best management practices or success stories which could be shared with readers or practitioners from different parts of the world.

Of late with the emergence of the Asian juggernauts, led by China and India, HBR found it prudent to slowly shift focus from the dying and dried out places to where the action was happening. About four years back they started the South Asia edition. 

Now sharing and learning new practices has become all the more easy with the HBR SA edition, not only has the magazine become more affordable, it has also started featuring more Asian success stories or have started incorporating management issues affecting Asian companies and good management practices being practiced by these Asian companies. It makes more sense for the teaching faculty and the student community to read HBR articles as it improves their understanding of global issues with an Asian perspective, till now missing from HBR.

I wish more readers take to HBR SA in the coming days !!

ge..

sarkozy and Obama, the subtle difference ..

Obama while in Mumbai, India expressing his sorrow at the 26/11 terror attacks, refused to be drawn into any major controversies or comments on US' soul partner and closest buddy Pakistan on its roguish behaviour and its threat to its neighbours and the whole world as a terrorist sponsoring state. 

While recognising its major role as an utterly failed state surviving on the oxygen supplied by US as grants for buying weapons and grains, US is yet to come out with the acceptance of Pakistan as a terrorist state, still under the active control of the military.. It appeared as if Obama was being restrained by some unknown forces acting behind the scenes and controlling all his words and actions.

Sarkozy on the other hand in Mumbai at a function to commemorate the victims of the 26/11 terror attacks at the Taj Hotel was very open in condemning Pakistan, its military and its dubious role in sponsoring terrorism and acting as the epicentre of terrorism in the world.

The final rewards were Obama could get back with the crumbs falling from the dining table, almost $15 billion, while Sarkozy has shared the meal from the high table with our PM and President, taking back with him firm orders for almost $ 25 billion..

Hounding Julain Asange, the 39 year old Australian of wikileaks with dubious cases in Sweden and UK, US is exposing its true colour as relates to human rights, freedom of expression and freedom of speech. Its dubious efforts to block information on its subversive and undergound activities being made public makes it a worse human rights violator than China..

ge..

Cr-48, Chrome OS computer released by Google..

good news and a relief ..

http://www.technologyreview.com/blog/editors/26109/


ge..

Tuesday, December 07, 2010

Irshad and Farhan doing TJC real proud ..



This pair of Irshad and Farhan from TJC MBA 3 Sem, have been going all around the state and bagging honours left and right.

This time in St Josephs College of Business Administration they got the first place defeating a team from Jindal Steel and decimating the opponents from all other reputed colleges in Bangalore..

Congrats Irshad and Farhan, keep it up .. 

ge..

Nuclear Suppliers Liability and the 6 EPR reactors from France..

French President Sarkozy is upbeat on being able to sign nuclear deals worth $ 20 billion for 6 EPR ( Europen Pressurised Reactor) nuclear reactor of 1650 MW each capacity to be supplied and fabricated by Areva of France. France has also promised fuel for these reactors for the next twenty five years. About 85% of power generated in France is from nuclear power. From the existing 5000MW nuclear power generation in India, it will go upto 45000 MW by 2020, once these reactors are put in operation, this would not even make up 30% of our power requirements. Though no such power plants are in operation in the world anywhere, four such plants are under construction in different parts of the world.

The only hitch which is preventing the smooth sailing of this deal is the Nuclear Supplier's Liability which holds the suppliers responsible for nuclear accident due to any wilful negligence on the part of the supplier.Art 17B and art 46.

When Union Carbide could get away after leaking the potent MIC ( Methyl Iso Cyanate) in Bhopal's atmosphere in Dec 1984 leading to the loss of lives of 35,000 people, the lawmakers and people of India had already decided that they will never allow any such irresponsible MNCs who do not care for third world lives, to go scot free next time. When an oil spill on the American seas off Louisiana coast enraged US lawmakers who could extract $ 20 billion from the oil giant British Petroleum for causing minimal loss of human lives and for endangering marine life and the marine environment, should India turn its eyes off any wilful supplier negligence that can happen in future. For an already battered US economy, this was a windfall they have exploited to the fullest.
The offer of projects worth $ 20 billion is too big a temptation to be resisted by the French Govt.which will fall in line sooner than later. Any collaboration with India in the area of nuclear technology will also give them insights to the Thorium cycle which is much cheaper and efficient means of nuclear power generation in which India is at least fifty years ahead of other countries. The Uranium cycle of nuclear energy generation is expensive in comparison.

ge..

Shoot the message, not the messenger ..


The recent wikileaks and the efforts by the US govt to restrain, intimidate and gag Asange puts US in very poor image in front of the world. As they claim themselves to the the oldest democracy in the world, they should at least try to live up to their claims, else public accuse them of hypocrisy !


In this age knowledge is power and the person holding that knowledge, is all powerful ! The helplessness of the US administration to contain Asange and the blushings with each sensational, selected release of confidential documents of diplomatic cables and double dealings despatched by their diplomats in the different parts of the world to their head office will continue to entertain world public and give fodder for the media for the next one year at least !!

When China tried to gag Google when one of the communist party leaders found objectionable references to him on a personal search in its search engine, the world cried foul against gagging the media. Google had all the muscle to cry foul but had to withdraw like a mouse.

Asange is now fighting the US govt as a one man army and is running from country to country to evade the might of the powerful and revengeful US establishment. Have to wait and see what befalls him soon ! The sexual charges against him are for engaging in consensual sex with two swedish women without using modems, which is not a crime in most of the countries.

US should try to shoot the message and not the messenger !!

ge..

Monday, December 06, 2010

Indian team less superstars playing with New Zealand ?


It was surprising to see how a team deprived of talent like Sachin, Dhoni, Sehwag, Raina, bhajji, sreesanth  was playing the kiwis and winning the matches... Gambhir, Kohli and others were showing their class..

Maybe the Indian team needs these newcomers.. let us pack the seniors off..

ge..

Saturday, December 04, 2010

The amazing story of Amul .. (rediff.com)


The amazing story of Amul (rediff.com)

This is a story of a dream to which the interacting faith of a great many people finally gave substance.

Click here to know the diff between pasteurised, homogenised and UHT milk

Photo of Dr Verghese Kurian, Father of the Indian white revolution.

Realisation of the dream began with the Kaira District Cooperative Milk Producers' Union, which was then like a small but sturdy plant, full of sap. That plant has grown into a fruitful tree, with spreading roots and branches, but it is still nourished by the soil from which it sprang. Likewise are the towering concrete structures and landscaped gardens; the array of computers; the clever, highly skilled technical staff; the busy researchers, eloquent teachers, and eager students: they all draw their purpose from the `white revolution' that has brought so much of rural India out of the feudal age.

The white revolution has not been easy to achieve. At one time, the milk lake of Kaira district was stagnant. A few traders skimmed off fat profits, leaving to the numerous producers only a sour thin whey of inadequate payment. But the cooperative movement bean to churn that lake and soon it overflowed, spreading throughout the country.

(In an interview to The Hindu Business Line in May 2006, Kurien said: "He (Sardar Patel) firmly believed that a revolution in marketing the farmers' produce - which would be beneficial to the farmers - was necessary. Sardar Patel was convinced that in order to save themselves, the farmers needed to control the procuring, processing and marketing of milk." They got Tribhuvandas Patel, who by his own admission "did not know anything about the dairy business", to be the chairman of the Kaira Cooperatives.)

The Churning Begins
 
The cooperative movement in Kaira had an early beginning. A resolution of the Bombay Presidency Government in 1904 had directed that work should begin on organizing cooperatives in six districts, including Kaira. A cooperative Societies Act from the same government in 1912 was more effective. The Congress ministry, which took office in 1937, showed greater interest in the cooperative movement, recognizing it as an instrument of rural reconstruction. A report was commissioned by Vaikunthlal Mehta, (then) finance minister, and M D Bhansali of the ICS (Indian Civil Service), who was registrar of Cooperative Societies. After World War II, the movement progressed greatly in Bombay presidency, despite the short tenure of the Congress ministry.

Milk production was unsatisfactory particularly because of two deficiencies. One, in order to produce milk of better quality and larger quantities, milch cattle should have been upgraded (as European dairy cattle have been), but that was a costly process that was beyond the means of the average milk producer. (As long as short supply kept the selling price of milk high, traders could not be expected to bother). Two, to make the most of whatever milk was available, it should have be distributed efficiently and economically, which was impossible with primitive chilling facilities and lack of transport routes.

An Unlikely Recruit

It was kindly providence that brought Verghese Kurien to work at dairy engineering in a part of India that was so different and far from his native Kerala. Kurien was born in Calicut on November 26, 1921. His father, Puthenparakkal Kurien, was a civil surgeon serving in Madras Presidency. In his fifteenth year, Kurien passed the Secondary School Leaving Certificate Examination. Too young for admission to an engineering college, he took a Bachelor of Science degree from Loyola College, Madras, graduating in 1940 with the seventh rank in the presidency. Intelligent, hardworking and ambitious, he was a credit to his family and community.

Shockingly inadequate living quarters (there was no bathroom until Kurien contrived a suitable enclosure with corrugated iron sheets), insalubrious surroundings, and enforced idleness: Kurien might well consider himself to be serving a term of punishment. A natty dresser, he no longer took trouble over his appearance but grew a beard, wore khaki overalls, and began to smoke continuously. His brother sent him an old-fashioned cook-bearer named Anthony, who carried out his duties in full panoply of turban, sash and starched uniform. This added the final touch of absurdity what Kurien could only regard as a farce.

Anand was such a small town that a newcomer was bound to be noticed and talked about. As a meat-eating bachelor (in a largely vegetarian town), and a Malayali-Christian with a phoren (phoren is the vernacular pronunciation of foreign) degree, he provided ample scope for speculation in local gossip.

So determined was Kurien to keep himself usefully occupied that he undertook a private expedition to Bombay to sell the milk powder. With the help of his friends he made a list of likely customers, then tried them one by one. At the end of two days when he was almost at the end of his list, he found a buyer. A biscuit factory was prepared to take all five tones of the milk powder. Tried but pleased, Kurien returned to Anand in a fatefully altered state of affairs.

A Leap of Faith

The year 1953 marked an important milestone, in Kurien's personal life as much as in the history of Kaira Cooperative. On his return from New Zealand in April 1953, Kurien disembarked at Bombay, where he spent a few days. One night, he attended a dinner given by the YMCA to honour his maternal uncle, Dr Thomas Yakhub.

At the dinner he met a prominent businessman and social worker, K M Philip, of the wealthy family that owned Malayala Manorama, Kerala's most widely read and influential daily. Philip's wife had a younger sister, Susan Peter, fair, comely with unusual grey eyes and light brown hair. Her father and Kurien's had been friends, although Molly (as she in known to most of her acquaintances) and Kurien had never met. Kurien's mother had been trying for some time to get her son suitably married. He finally accepted his mother's suggestion that he go to Trichur and meet Molly Peter. They met for the first time on May 28, 1953, were married on June 15, at 10 in the morning, and caught the 4 o'clock train to Bombay enroute to Anand. Molly Kurien learned very early that her husband's life revolved around his work in Anand.

But to return to the history of Amul, in 1953 a proposal came from UNICEF to the Government of Bombay. For years, Unicef had been distributing free milk powder in underdeveloped nations, but it was of no advantage to the recipients in continued dependence on this aid unless it helped the nation to develop some industry of its own. Unicef offered a donation to the Bombay government, which would include milk drying equipment worth Rs 8 lakhs, in return for which the government would bind itself to distribute, through the BMS and Kaira Cooperative, Rs 12 lakh worth of free milk to undernourished, children of Kaira.

Taking on the Giants

During the winter of 1957-58, Amul Dairy frequently worked beyond capacity, sometimes for days on end, making butter and milk powder in a dogged attempt to utilize the surplus milk refused by the Bombay Milk Scheme. For 49 days, the latter only accepted between 3700 and 7500 kl of milk daily, against the contracted minimum of 26,000 kl. Sales of Amul butter helped ease the resultant financial strain. Amul butter also compensated consumers for the shortage arising from the government's policy of severely restricting imports. By filling the gap, Amul became one of the leaders in import substitution, saved foreign exchange, and kept market prices of butter in check.

In 1958-59 the decidedly unhappy relationship between Kaira Cooperative and the BMS took a turn for the better when the latter increased its offtake by 30 per cent over the quantity accepted in 1957-58. Meanwhile, Amul yielded to persuasion by the Indian government and began to manufacture sweetened condensed milk.

The government had two reasons for urging Amul to make condensed milk. While the armed forces required large amounts of it, need to conserve foreign exchange necessitated its removal from the list of imports. In 1954-55, condensed milk worth about $1,500,000 had been imported, of which 60 per cent was taken by the armed forces.

Amul's success story continues...(Click here for IIMA case study..)

Text and photographs excerpted from: The Amul India Story by Ruth Heredia. Price: Rs 295. Published with permission from Tata Mc-Graw Hill Publishing Company Limited. Copyright 1997. All rights reserved.


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A parting line : Nehru has played a very important role in seeing to it that India becomes self sufficient in milk along with Sardar Vallabhai Patel. Green revolution, white revolution, starting of all PSUs. all the initial IITs and IIMs were all started by a great statesman and visionary called Nehru.

ge..

Friday, December 03, 2010

Aravind Eye Hospital, Madurai .. - a visionary


When we grow in spiritual consciousness, we identify ourselves with all that is in the world, so there is no exploitation, it is ourselves we are healing, it is ourselves we are helping - Govindappa Venkataswamy, Aravind Eye Hospitals, Madurai.

The only medical institution in the country where interns from Johns Hopkins US come for a one year training of a life-time.

http://aravind.org/ted.html


ge..

Toyota Prod System ..

Have you ever seen a broken down Toyota ..

http://www.facebook.com/video/video.php?v=147690172924

ge..

Thursday, December 02, 2010

Azim Premji makes a $ 2 billion philanthropic act ..




Azim Premji, the charismatic chairman of Western India Products, through the years !!

Once upon a time, late 90s, he was the richest man on earth when his stocks in WIPRO, 97%, soared from Rs 300 to Rs 12,000.00, and could buy Bill Gates, twice over ( market cap and not real hard cash !!) !!

He has been eagerly pursuing his vision of improving education scene in India. Mission10x.com is a good example.. This contribution of $ 2000 million is only for improving schooling in the country.. This is will benefit the country straight away and help improve our social indices.

The damage being done by our "irresponsible" politicians through the many scams is being slowly undone by our "responsible" business leaders .. Yediyurappa, Raja and Kalmadi will have lot to learn from this humble person !!

I had the good opportunity of listening to him at one of the convocations at IIT Bombay almost ten years back. From being a raw and unwilling entrant to family business after dropping his studies at Stanford almost 40 years back, he now stands tall in the global IT industry as being a very responsible and ethical global leader.

( Premji is also totally grey haired like me, maybe a lot of similarities !!)

ge .. ( photo courtesy Times group..)

Toyota introduces Etios sedan in India..

This morning I was glad to read the news of the release of 1500 cc Toyota Etios from the Bidadi plant of Toyota Kirloskar in Bangalore. Toyota is the world's largest and best manufacturer of automobiles and has enough funds with it to gobble the next three global auto majors many times over !!

The plant built at a cost of Rs 2000 crores is targetting the middle class segment and this B class, Rs 5-7 lakh car is planned as competitor to Maruti Dzire and Tata Manza, Mahindra Renault. 77,000 cars are planned to be produced in 2011..

With 70% localisation initially, to be escalated to 95 % with the Engine and power transmission components to be produced locally, this car will not be exported. A similar assembly line is being planned in Brazil.

Etios will be on Indian roads by Jan 2011, says the brand ambassador A R Rehman.
This release is a good indication that India is slowly growing to be a global automobiles market, second only to China ?? ( not yet..) and this release from Toyota is aimed only at the Indian customer. Out of a stagflated country, Toyota knows where the future is !

Another fact is that for many years Indians were getting cars and heavy vehicles assembled in North and Central India. For a change, now most of the new companies who have set shop in India have started in the southern states of Tamil Nadu and Karnataka. TN is gaining reputation as the manufacturing capital of the country while Bangalore is proud to be called the technology capital of the country.

ge..

MGOCSM, OCYM meeting in Marthahalli Orthodox church on Saturday, 27 Nov 2010.

Dr Abraham Mar Seraphim Metropolitan of Bangalore diocese of Indian Orthodox Church and Geevarghese Mar Coorilose, Metropolitan of Mumbai at Bangalore Marthahalli Orthodox church for a meeting of MGOCSM, OCYM on Saturday, 27 Nov 2010.

--
Sincere regards,

George Easaw Ph. D.,
Bangalore, India.

Tuesday, November 30, 2010

A self-appointed front runner for UNSC seat ..

The wikileaks is clear demonstration of how in this information age, information of all hues and colours is finding its way to public domain. http://cablegate.wikileaks.org/ quarter of a million classified docs of the US govt are in public domain ..

US Secretary of State's comments on India being a self-appointed front runner for the UNSC permanent seat, along with Germany and Japan, in one of her cables to the State Dept made interesting reading.

Perhaps she forgets that US was one of the first self-appointed "permanent member" of the UNSC .. It is true that memory can indeed be short ..

The claims from the State Dept that these leaks are a threat to individual security and American interests the world over is indeed true !! Its double game is getting exposed and that is a major embarrassment for it.

The threat to Julian Assange from the State Dept is grave and in the coming days we shall see how it unfolds. The disclosures made by Assange from different parts of the world is a strategy to see that the docs are well read and received the world over.

The US govt needs to find out how such top secret docs got out of their hands in the first place !!


ge..

Monday, November 29, 2010

Tensions mount in Korean peninsula ..


While there is no business for US to engage in military exercises with South Korea in the seas near to Korea, North Korea, should not overtly get charged with fears of insecurity.

While the world is fully aware how the rogue state of North Korea got nuclear capability and has been using this in frequent standoffs with US and the Western world, especially South Korea and Japan, the firing of two missiles at South Korean islands is totally uncalled for. It was just an effort to rekindle tensions and to improve its negotiating position in respect to clandestine nuclear projects..

A war can be extremely damaging for South Kora and US at this point of time, even those countries are fully aware of this. But the tough stance is just posturing to show that they are prepared if Noth Korea is up for some misadventure..

When the South Korean auto major, Ssanyong motors was acquired by Mahindra from India, it caused many a head to turn and take notice of this small Indian company which is getting global. The war can unsettle many a reputed Korean companies and make them extremely susceptible for likely takeovers by India and Chinese companies. It will be better for Samsung, LG and Hyundai if US and South Korea does some plain thinking and withdraw from their joint naval exercises in the Yellow Sea, on the west coast of Korean peninsula, by not precipitating tensions.

See the map, China, Russia and Japan are avid onlookers at this crucial crisis ..

ge..

The Obamas and Gandhi ..


Straight from the heart, the emotions ...


What a camraderie between two great statesmen of the world ..!! true and sincere ..


My admiration of this duo, two of the greatest statesmen the world has ever had, never gets exhausted ..


Gandhi's workplace at Sabarmati ..


Gandhi's memorial at Rajghat ..


Gandhi's statue at Sabarmati ..


The half naked fakir in his days at sabarmati ..

ge..

Essentials of Entrepreneurship ..


Recently at an award ceremony in Chennai, N Shankar, the energetic Chairman of the Sanmar group from Chennai spoke on Entrepreneurship. E'ship cannot be learnt or inherited, it has to be learnt the hard way by getting the knocks from real world. E'ship is the ability to see beyond and willing to tread where on one else has so far and the outcome is uncertain.

E'ship is of two types: one is radical in nature where a radical idea no one has thought of earlier is implemented, eg. Steve Jobs Apple, Bill Gates from Microsoft etc. The second E'ship is around the idea of managing an existing opportunity with special brand of drive, management and organisational ability., for eg. the likes of Narayana Murthy of Infosys, Premji from Wipro etc..

According to him there are four essentials of Entrepreneurship. They are identification, organisation, management and sustenance.

Identification relates to the identification of the opportunity and the activities that need to be carried out in the business with the expectation of profit.

Organisation relates to the setting up of the resources - men, money and machinery.

Management relates to managing these resources. Managing human resources can be real challenging as it is the differentiating factor between a successful and not so successful industry. Attracting and retaining the right talent and giving them the right environment to work are the key elements. Appropriate compensation, job satisfaction and career progression is vital to retain the right talent.

Sustenance is that which keeps the business going despite challenges and hurdles from time to time. In Sanmar it has been the environment given to employees to take decisions independently, not penalising them for any mistakes, but encouraging them to be responsible for their decisions in the long run.

India is a paradise for entrepreneurs as there are lot of untapped opportunities for them to tap and emerge successful in the end. Success depends on the entrepreneurship capabilities like vision, management, staying power and that undefinable quantity, be it perseverence or not giving up quality or fighting spirit, without which it is not possible to succeed.

ge..( basic content from The Hindu, 29 November 2010, suitably modified by the author)

Wednesday, November 24, 2010

What happens when religion and politics gets mixed ?

In the name of religion and with the support of religion the fraudsters from BJP got to power.

Now with the huge expose of BSY, now just worth Rs 400 crores, but at least ten times that, the pious and religious are truly hurt, He has misused their sentiments for his personal benefit !!

This is what the people of the country have been shouting, politics and religion should not be mixed, at least the educated and sensible people should understand this and keep off such people who are trying to capitalise on our weakness.

Let us not allow anyone to mix politics and religion .. !! For the sake of the nation !! Let us understand these anti-national and anti-social elements and kick them out ..

ge..

Tuesday, November 23, 2010

Rules of Gandhian Innovation ...

Gandhian values look at affordability ( for the masses and middle class) and sustainability ( for the earth, for all people) of products for the people.

Some of the rules associated with it are

1. Inclusive growth - try to serve the unserved customer too. This challenge pushes executives to relook at the price performance envelope to improve affordablity and to think of increasing scales to reduce costs. There should be a desire to serve more people. Rather than asking the question, "given our costs, which customers should I serve?", it should be, "given that I need to serve more customers, what should be my costs ?"

2. Unambiguous vision - Leadership is an essential quality in building good organisations. A clear vision with a human dimension is the corner stone of Gandhian innovation. Ratan tata, Sunil Bharti Mittal and Gupta of Lupin have all demonstrated this in great measure.

3. Set ambitious goals - By setting ambitious goals (strategic intent) that are beyond the company's existing resources to attain, the CEO will compel employees to be innovative and entrepreneurial. The mismatch between aspirations and resources is the essence of entrepreneurship. Faced with this mismatch, companies have the choice of either finding innovative uses of existing resources or changing the rules of the game.

4. Learning to innovate even when faced with constraints : Only when we are pushed to a corner will we feel the need to innovate. Constraints are there all the time, and innovating within these constraints is the sure shot path to success.Tata Nano's "Innovation sandbox", the constraints about price, safety, environmental standrads, space and design with fuel efficiency forced the company to come up with a cheap, safe , fuel efficient car for the unserved middle class of the country. Working within self imposed boundaries will help the innovators come with radical designs that can change the whole industry.

5. Focus on customers : Making products affordable to the masses will ensure the scale and critical mass to make products at lowest costs with myriad applications that can arise from these millions of users.

6. Influence of Metrics : concentrating on different set of metrics which look at tracking profit and loss, return on capital employed, cash flow, capital intensity, access and influence, innovation efficicncy, volume and costs and at the same time concentrating on new markets makes all the difference between companies that succeed and not in the new age of global innovation.

Ref : Innovation's Holy Grail - C K Prahlad and R A Mashelkar, Harvard Business Review, July August 2010.

ge..

Mahindra acquires SSanyong, S Korea,

Close on the heels of Tata Motors acquiring Jaguar and Land Rover, and setting its eyes further, Mahindra drops a bombshell. It was in race with French Renault to acquire Ssangyong Motors of S Korea. Now a deal is signed where in they will get 70% stake in Ssangyong at about $450m.

Do not know when Indian companies will buy into Hyundai, Samsung and LG .. Will it be far behind..?

ge,,

Aurangabad, not behind at all.. another 150 BMWs too ..

Close on the heels of booking and taking delivery of 100 Mercs, the city of Aurangabad in Maharashtra has placed bookings for 150 BMWs too.

http://timesofindia.indiatimes.com/business/india-business/After-101-Mercedes-Aurangabad-citizens-chase-101-BMWs/articleshow/6975009.cms

ge..

Gandhian Innovation - the three kinds ..HBR paper ..

Gandhian Innovation , a new term coined by Prof Prahlad and R A Mashelkar, meaning serving more people with less resources and at a lower cost ..

Existing Innovation models look at improving the product, process, packaging and pricing. New trends in Innovation emerging from India are turning the tables upside down.

Let us analyse two of the quotations from Gandhiji which has influenced this new wave of innovations.

"I would prize every invention of Science made for the benefit of all. !"

"Earth provides enough to satisfy every man's need, not every man's greed !!"

The above two quotes are the basis for the terms Gandhian Innovation which has come up in modern day Innovation Literature. This was proposed by top Management gurus Prof C K Prahlad and Prof R A Mashelkar in their article on Innovation's Holy Grail in Harvard Business Review, July-August 2010.

           Gandhian Innovation works on the principles of

                      a. Affordability (for the masses, especially the burgeoning middle class) and 
             
                      b. Sustainability (for earth and whole of humanity).

The three kinds of Gandhian Innovation emerging from India, categorised by the authors and which has rocked the world have been the following :
1. Disrupting business models
While the existing model of software development was on-site, Indian software companies redefined the landscape by shifting software development off-site, reducing costs. Outsourcing , though accounting for only 6% of the s/w business, by creating better quality processes Indian cos. have redefined the space and created a niche for themselves in the world. 
2. Modifying organisational capabilities
By deploying high quality design skills and speedy deployment of resources on a large scale, Indian companies have developed products and processes of world class, for eg . the development of the Super Computer Eka from the Computational Research Labs of Tata Group or ISRO ..
3. Creating or Sourcing new capabilities
Besides building disruptive Business models and honing up existing organisational capabilities, Indian innovators have created new technologies by collaborating with other companies.Tata Nano is such an example where the company has collaborated with companies across the world
Innovation which has defied existing Industry metrics has helped change business dynamics. it helped Airtel emerge as one of the world's largest mobile telephone operators. Instead of looking at "Average Revenue per User" metric, Airtel looked at "Return on Capital" metric and became a successful and profitable Telecom player with 100 million customers presently and hopeful of doubling by 2012..

Emergency Management and Research Institute (EMRI) which uses the latest communication, computing, medical and transportation technologies to provide affordable emergency services in tribal, rural and urban areas has been another impact of low cost innovation in India. By using the principle of Public-private partnership (PPP) and tying with Govt hospitals as most of the hospitals are run by govt. so are the fire and police dept. This has helped to keep govt interference and bureaucracy to the minimum as EMRI runs as a private foundation.

EMRI serves 366 million people in the states of Karnataka, Gujarat, Goa, TN, Rajasthan, Assam and Uttarakhand, attends to 60-80,000 calls a day, has a fleet of 2600 ambulances, attends to 7000 emergencies a day, saves 100 lives a day and employs almost 11000 people. While EMRI has spent only 50 cents per person treated to build up the infrastructure here, in US the expenditure has been $ 100 per patient treated. The expense per ambulance visit in India is less than $ 15 while in US it is about $b 600-$800.

The other case in Innovation has been that of Lupin Pharma which is in a very advanced stage in the development of a drug for Psoriasis. By challenging existing theories and working on shoestring budgets, Indian companies have been able to innovate faster and effectively. Instead of following the practice of developing drugs from Labs to clinics which could take 10-12 years and almost a billion dollars to develop, why not go from clinic to lab and back to clinic. Use clinical and qualitative data to develop target formulations that undergo preclinical and clinical research trials.

Lupin has developed the drug which will be released in India this year end by only spending $10 m and 8 years. Treating the disease with Lupin's drug will cost $ 100 per patient while with another company in US it would cost $ 15,000. Lupin developed a medicine for Psoriasis collaborating with a Sidha practitioner who told that the Mexican herb Argemone Mexicana can cure the disease completely. After developing the formulation they started the trails in early 2000 on patients and found it was successful. The drug will be released by the end of the year.

ge..

Monday, November 22, 2010

No Indian academic Institution in World top 200

Can we redeem our lost Glory !


The recent poor showing and declining standards of our academic Institutions at the Global Uty top 200 rankings is a cause of national shame, worry and concern ..



It was pathetic and very depressing not to find any Indian academic institution in the World top 200 Uty list for year 2010 released by Times Group from London .. ( India does not find place in any of the other less popular Uty rankings too..)

http://www.timeshighereducation.co.uk/world-university-rankings/2010-2011/top-200.html

While US tops the list with 72 Institutions and UK with 28, Germany comes third with 16, Netherlands 13, the countries of Canada 9, China, Japan, Switzerland and Sweden with 6 each, Australia 5, France and Taiwan with 4 each, Singapore, South Korea, Hong Kong and Denmark 3 each, Austria, Ireland, Spain, Turkey and Belgium with 2 each, Finland, South Africa, Egypt and Norway with 1 each are the other countries topping the list of top 200.

Even though we claim to have the toughest entrance exam in the world, the JEE, and the brightest people around, claim to inherit a noble and much acclaimed ancestry, we are nowhere in the global rankings.. The fear that naturally comes to anyone's mind is whether this is just the beginning of the decline ??

Our top Institutions of National Importance (INI) like the Indian Institutes of Technology with its many campuses and the Indian Institutes of Management again with many campuses, the Indian Institute of Science and others like IIITs are nowhere in these global rankings. We need to seriously ponder whether the greatness of these Institutions is only due to the high quality of the incoming talent and not the capability of the mediocre "talent processing team", ie. the faculty working there..

In spite of Central Government pouring in large amount of funds to these most favoured Institutions, neglecting other government second rung Institutions and trashing privately managed Institutions, the results are not showing up. Our society which is very reluctant to fix accountability on individuals, it is just another instance of neglect and a carefree attitude of the concerned intelligensia. We have not come across any writing or newspaper report criticising the academic administration of these Institutions for their abysmally poor showing. The media needs to highlight this criminal waste of funds which otherwise could have been used for sprucing elementary education in the country. A self-practiced elitism among the faculty and the student community is the nemesis for these Institutions.

If the quality of these INIs is such abysmally low, the quality of the accreditation standards insisted by them for the second rung and privately held institutions can be anybody's guess. Are these INIs taking the lead in the downward slide of academic standards in our country ?

The Government of India and these INIs is in for a rude shock once privately managed Institutions of the country enter the top 200 list and maintain their world class standards. In spite of the poor showing in these rankings, the sad fact is that only one or two INIs have shown interest in going for International Accreditation or have acquired them, except for some private Institutions who are very advanced in this process.

There is a popular saying, in a land of no-nosed people, the half-nosed is the King !! A serious point worth pondering for our academicians and their administrators !!

Where are we headed to in this race to institutionalise mediocrity and escape accountability ?? Let the Government of India change the Directors of these Institutions and see the difference it can make.

Again this proves the point that it is not funds that can prop up an Institution, but the leadership. Else how can a country like Egypt or South Africa get ahead of India.

Can only private initiatives again save the country in the academic field too, as is happening in other parts of the world and in other sectors of our economy ?? The top 200 University list is no doubt populated with private universities with Harvard topping it for many years !

When India and China are leading the charge in revitalising the global economy, post recession, should our academic institutions, the temples of learning providing for innovation, leadership and managing change, be left far behind ?

George Easaw ( a very concerned alumnus of these institutions..)

Sunday, November 21, 2010

Micro finance or blade companies ..

The recent revelations on the micro finance sector, especially in Andhra Pradesh, has been very discouraging.. It has brought so much of disrepute to Grameen Bank, Mohammed Yunus and even the Nobel Foundation who have pioneered the cause of microcredit/microfinance and even brought respectability to it.

http://www.grameen-info.org/

http://www.thehindu.com/opinion/editorial/article861645.ece

Hope the GOI is able to rein in the unscrupulous blade runners in this sector and eliminate the undesirable names in it. The greedy do not allow the poor and downtrodden in society to come up..The other pattern coming out of this is the cropping up of these scams in Andhra Pradesh. Does it send some signals to the government to look out for..

ge..

Thursday, November 18, 2010

Paraprosdokian

A paraprosdokian (from  Greek  meaning "beyond expectation") is a figure of speech in which the latter part of a sentence or phrase is surprising or unexpected in a way that causes the reader  or listener to reframe or reinterpret the first part. It  is frequently used for humorous or dramatic effect,  sometimes producing an anticlimax. For this reason, it is  extremely popular among comedians and satirists. Some paraprosdokians not only change the meaning of an early  phrase, but also play on the double meaning of a  particular word, creating asyllepsis.


Ã?Ë?  I asked God for a bike, but I know God doesn't work  that way. So I stole a bike and asked for  forgiveness.

Ã?Ë?   Do not  argue with an idiot. He will drag you down to his level  and beat you with  experience.

Ã?Ë?   I want to  die peacefully in my sleep, like my grandfather. Not  screaming and yelling like the passengers in his  car.

Ã?Ë?   Going to church  doesn't make you a Christian any more than standing in a  garage makes you a car.

Ã?Ë?  The last thing I want to do is hurt you. But it's  still on the list.

Ã?Ë?    Light travels faster than sound. This is why some people  appear bright until you hear them  speak.

Ã?Ë?   If I agreed  with you we'd both be wrong.

Ã?Ë?  We never really grow up, we only learn how to act  in public.

Ã?Ë?   War does  not determine who is right - only who is  left.

Ã?Ë?   Knowledge is  knowing a tomato is a fruit; Wisdom is not putting it in a  fruit salad.

Ã?Ë?   The early bird might get  the worm, but the second mouse gets the  cheese.

Ã?Ë?   Evening news  is where they begin with 'Good evening', and then proceed  to tell you why it isn't.

Ã?Ë?  To steal ideas from one person is plagiarism. To  steal from many is research.

Ã?Ë?  A bus station is where a bus stops. A train station  is where a train stops. On my desk, I have a work  station.

Ã?Ë?   How is it one  careless match can start a forest fire, but it takes a  whole box to start a  campfire?

Ã?Ë?   Some people  are like Slinkies ... not really good for anything, but  you can't help smiling when you see one tumble down the  stairs.

Ã?Ë?   Dolphins are  so smart that within a few weeks of captivity, they can  train people to stand on the very edge of the pool and  throw them fish.

Ã?Ë?   I  thought I wanted a career, turns out I just wanted pay  checks.

Ã?Ë?   A bank is a  place that will lend you money, if you can prove that you  don't need it.

Ã?Ë?    Whenever I fill out an application, in the part that says  "If an emergency, notify:" I put  "DOCTOR".

Ã?Ë?   I didn't  say it was your fault, I said I was blaming  you.

Ã?Ë?   I saw a woman  wearing a sweat shirt with "Guess" on it...so I said "Implants?"

Ã?Ë?   Why does  someone believe you when you say there are four billion  stars, but check when you say the paint is  wet?

Ã?Ë?   Women will never  be equal to men until they can walk down the street with a  bald head and a beer gut, and still think they are  sexy.(and shirtless)

Ã?Ë?   Why do  Americans choose from just two people to run for president  and 50 for Miss America ?

Ã?Ë?  Behind every successful man is his woman. Behind  the fall of a successful man is usually another  woman.

Ã?Ë?   A clear  conscience is usually the sign of a bad  memory.

Ã?Ë?   You do not  need a parachute to skydive. You only need a parachute to  skydive twice.

Ã?Ë?   The  voices in my head may not be real, but they have some good  ideas!

Ã?Ë?   Always borrow  money from a pessimist. He won't expect it  back.

Ã?Ë?   A diplomat is  someone who can tell you to go to hell in such a way that  you will look forward to the  trip.

Ã?Ë?    Hospitality:  making your guests feel like they're at  home, even if you wish they were.

Ã?Ë?   Money can't buy  happiness, but it sure makes misery easier to live with.

Ã?Ë?   I discovered I  scream the same way whether I'm about to be devoured by a  great white shark or if a piece of seaweed touches my  foot.

Ã?Ë?   Some cause  happiness wherever they go. Others whenever they  go.

Ã?Ë?   There's a fine line  between cuddling and holding someone down so they can't  get away.

Ã?Ë?   I used to  be indecisive. Now I'm not  sure.

Ã?Ë?   I always take  life with a grain of salt, plus a slice of lemon, and a  shot of tequila.

Ã?Ë?   When  tempted to fight fire with fire, remember that the Fire  Department usually uses  water.

Ã?Ë?   You're never  too old to learn something stupid.

Ã?Ë?  To be sure of hitting the target, shoot first and  call whatever you hit the target.

Ã?Ë?    Nostalgia isn't what it used to  be.

Ã?Ë?   Some people hear  voices. Some see invisible people. Others have no imagination whatsoever.

Ã?Ë?  A bus is a vehicle that runs twice as fast when you  are after it as when you are in  it.

Ã?Ë?   If you are  supposed to learn from your mistakes, why do some people  have more than one child?

Ã?Ë?  Change is inevitable, except from a vending  machine.




visited E&Y Bangalore office this morning..




ge

Wednesday, November 17, 2010

2G scam and the role of Ministers .. (900 th post.. on blog)

The CAG report on the 2G scam is the biggest the country has seen in post independence history. Read on ..

http://www.hindu.com/2010/11/17/stories/2010111762000100.htm

Is it an error due to technical ignorance of the details by the Minister or his over eagerness to improve the teledensity in the country that led to this state of affairs, is yet to be proved. Would we have been able to get almost three times the no of telephone connections, landline and wireless, as in US or almost ten times as of UK or France or three times as much as Europe if we were very cautious in our moves ?

The PM has able hands at his disposal, Kapil Sibal is not a wrong choice. He is a legal expert, but could be failing in technical issues. The synchronised frequencies of the Maharashtra CM Prithviraj Chawan, BITS Pilani, Stanford aeronautical engineer and Jairam Ramesh, Union Environment Minister. IITB, CMU, MIT graduate has alredy seen the new airport for Mumbai getting the needed sanctions.

It is now clear that if there was some arrangement between the telecom operators and DOT, it must not have happened without collusion of the officials and minister who have arbitrarily advanced the cut-off dates for applications and gave licenses to ineligible applicants, almost 70%. These fly by night operators have sold off their stake to others or dumped these at high margins to other players.

The govt should now besides, criminally proceeding against the responsible minister and officials, look at measures to minimise the losses to the exchequer. Given that almost Rs 38,000 crores of spectrum is yet to be utilised, the govt should immediately withhold all the spectrum allocation and do a re-auction of the same.

The PM should look beyond the Coalition Dharma (unlike former PMs during the disinvestment and telecom scams earlier) and come clear with a white paper on the issue . His silence in this issue is getting deafening day by day and he needs to get the issue clear for the benefit of the people of the country. Give that more and more value added services are being planned linking the mobile phone and credit cards for financial payment, the revenue from 2G spectrum is only going to increase in the coming years.

The PM and ministers should not forget the fact that they are only the caretakers of the resources of the country and its people for the duration which they are elected to do so. They should not under any circumstance even remotely think they can take the people and media of the country for a ride.

Can the political class be given unfettered access to manage the resources of our country and its citizens ? When it comes to squandering the resourcesof the country by its leaders and bureaucrats, this is a clear warning from the people of the country that they can be unforgiving and uncompromising

ge.. ( This is the 900 th post on my blog..)

Asia-Pacific now the world's largest aviation market ..


In a clear signal of Asian domination, figures released by IATA show that the air passengers in Asia-Pacific region at 647 million surpassed North American passengers at 638 million. By the end of next year it will increase upto 1 billion while North American figures will shrink .. Indeed depressing news for Americans and their politicians but very much encouraging news for Asians. The interesting fact to note is that about 25% of the world air passengers, ie. about 650 million passengers flew within Asia Pacific markets . That definitely is something to be taken note of, of the growing business opportunities in Asia pacific as compared to the other business and tourist destinations of the world.

http://timesofindia.indiatimes.com/business/international-business/Asia-now-worlds-biggest-air-travel-market-IATA/articleshow/5522824.cms

With the development of the first commercial prototype of a passenger plane by China last year and renewed efforts by HAL and NAL to develop indigenous technology, our over dependence on US and European aircraft manufacturers will decrease.

ge..

Tuesday, November 16, 2010

Increased awareness and less tolerance to corruption ..

People in India along with the media armed with the most advanced legislation, Right To Information, enacted by the same lawmakers who are seen law breakers most of the time, are spelling the doom for corruption in the country. The media is seen playing a supportive and investigative part, competing with each other to expose these selfish netas and babus. Indeed a very comforting act indeed !!

During the present government led by Congress, we have seen many scams come to light, even earlier we used to have them, but sadly they never found the light of the day. The biggest of it being the 2G spectrum case where Union Telecom Minister finds himself in a fix. The next has been the Common Wealth Games and its conduct. The Adarsh Housing Society scam which has tarnished the image of the armed forces runs into hundreds of crores in prime Mumbai residential area.

A leader who himself is intolerant to corruption is leading this charge against corruption in the country. Is it indication that tolerance levels for corruption has been declining over the years ? If it is true, it is indeed a very welcome sign as the country needs it badly. The common man is fed up with the netas and babus milking the country dry with their highhandedness and a luxurious life style. Recently the drama by Karnataka MLAs drained the exchequer, yours and mine tax money, by as much as Rs. 32 crores. Whether it was to retain corrupt ministers or to oust them, the common man paid the price !!

Recently in a survey conducted among audience by CNN-IBN it was shown that 52 % concurred with the fact that politicians were the most corrupt in society, followed by bureaucrats 25 %, businessmen 10% followed by NGOs and the common man who wants things the easy way and bribes his way through.

It is indeed a heartwarming sight to find that corrupt politicians, those deadly parasites, are being exposed, be it spectrum raja, real estate Chavan, denotification Yeddi, airline ibrahim, common wealth kalmadi, real estate kapoor whoever, the media, print and TV armed with RTI and Lokayuktha are exposing corruption in all spheres of life. We have to bow our heads in shame as we are one of the most corrupt societies in the world. The increased awareness to reduce corruption is indeed a welcome breath of fresh air which is blowing across the society.

It is said corruption is responsible for pulling back our GDP growth by as much as 2 %. If it were not for corruption we would have overtaken China five years back in growth and would have been able to provide basic elementary education to the less privileged in society, eradicate poverty and raise millions more above the poverty line from the present 300 million, provide better healthcare for the poor and diseased, care for the aged in society, better social welfare for the citizens and what not, we would have been the model society everyone would look forward to.

With billions of dolars of FDI pouring into the country and more liquid money available for acquiring real estate, customers and so on, it is natural that corruption also will increase. It has been there in society since humans started living together.

Being able to reduce it and helping equal and just spread of wealth in society, not through force or coercion, but with a willing mind from the people, we can hope to get our country scale heights.

Is it an utopia or can we really achieve it ?
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