A train of thoughts and writings on development, technology and the economy focusing on the socio-techno-economic-cultural surge of developing economies to regain and partake in leadership of the world. Written by George Easaw, member of the faculty of Business Administration of Allliance University, Bangalore, India. (This is purely an academic site, no commercial use is allowed. Photography rights lie with the respective organisations). Mention credits as needed.
Friday, December 31, 2010
an eventful year ..
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 . ??
The corruption exposes happening in India ..
Wednesday, December 22, 2010
GMAT perfect scores !!
Monday, December 20, 2010
Sachin after his historic 50 th century at Pretoria ..
great job, but India eventually lost the first test against SA for an innings and 25 runs..
Sunday, December 19, 2010
Tribute to Mrs Mariam George, wife of Fr Dr K M George ..
http://www.malankaraorthodox.tv/News%202010/August/Tribute%20to%20Mrs%20K%20M%20George.pdf
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 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.
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.
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.
george easaw
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 ..
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 ..
Friday, December 10, 2010
TM Varghese and wife, photo .
One of the Thrimoorthikal of Kerala ( Pattom Thanu Pillai, C Kesavan and T M Varghese..) and the first home minister of Tirukochi in 1948.
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 .. |
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..
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
Thursday, December 09, 2010
Three Secrets to Happiness
Dear All
But none of that will bring us happiness. No matter how much we earn, no matter how much we have in the bank, no matter how nice our clothing or cars or toys, none of it will make us happier. And the sad thing is that it could take us decades of pursuing wealth and luxury items before we realize this.
Winning in the Green Frenzy .. HBR, Nov 2010.
Thanks to media, journalists and Lokayuktha
Wednesday, December 08, 2010
Harvard Business Review, changing to the times ..
sarkozy and Obama, the subtle difference ..
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.
Nuclear Suppliers Liability and the 6 EPR reactors from France..
Shoot the message, not the messenger ..
Monday, December 06, 2010
Indian team less superstars playing with New Zealand ?
Saturday, December 04, 2010
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.
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 ..
Thursday, December 02, 2010
Azim Premji makes a $ 2 billion philanthropic act ..
Toyota introduces Etios sedan in India..
MGOCSM, OCYM meeting in Marthahalli Orthodox church 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 ..
Monday, November 29, 2010
Tensions mount in Korean peninsula ..
The Obamas and Gandhi ..
Essentials of Entrepreneurship ..
Friday, November 26, 2010
Wednesday, November 24, 2010
What happens when religion and politics gets mixed ?
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 ...
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,
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 ..
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 ..
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 capabilitiesInnovation 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..
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
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
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 ..
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..
Saturday, November 20, 2010
Remember this family ??
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. |
Wednesday, November 17, 2010
2G scam and the role of Ministers .. (900 th post.. on blog)
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 ..
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.
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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