For the win!

This one, to the mother of all Blah-Blah forums: Twitter! The microblogging service that reminded us of brevity being the soul of wit, with its 140-character limit on messages, is where you get to witness ‘change’, in real time. Recently Twitter got itself a new CEO, Dick Costolo, and even primped up its interface to make for a richer media experience. #CheckItOut!

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Source : IIPM Editorial, 2012.

An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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"vested interests"

How does one account for this paradox then? One is too old to work in the bureaucracy, but not too old to hold a major political portfolio! Neurologists say it is possible at age 75 to have an IQ of 100 and yet be able to give the correct answers of only half as many questions as at age 21.

Of course, retirement ages have been mandated for a purpose. A man of 60 may be in full control of his faculties, and yet lack the energy and zest for work of somebody half his age. You simply cannot get around these physiological facts. The reaction time slows down and various "vested interests" come into play. As one psychiatrist said of Shivraj Patil's repeated changing of suits after the Delhi blasts this year: "He is a narcissist obsessed with sartorial matters, unmindful of the country's safety!"

Officially, almost no young politician takes the retirement issue up for discussion. BJP spokesperson Rajiv Pratap Rudy, himself in his mid-40s, is one such. "Technically speaking there is no such provision in the Constitution. The age of an individual cannot define the limits of his contribution in politics. Each must decide for himself or herself how much work they have the energy to do," he says. D Raja, National Secretary of the Communist Party of India, agrees: "Politics is not like other professions. Politicians know when they should retire."

Says sociologist Vijay Lakshmi Nanda: "It is the job of the political parties to choose and raise the right kind of people. It is their job not to select and represent too old and inefficient representatives. If all the candidates are old, who are we going to vote for? The problem is the right kind of people are not reaching there." In most cultures, the young prefer to stay away from politics.....Continue

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The Sunday Indian

Madhya Pradesh Chief Minister Shivraj Singh Chauhan

How many new faces are expected in the new ministry?
Let’s keep that issue on the shelf for a while, please!

What are the major challenges you face in your second term?
Challenges are a constant reality. The BJP government has completed some major developmental projects in the last term. Some new projects have been worked out as well.

We started those projects with due dialogue and consultation with the people for whom those specific projects were meant. To do that, we organised massive mahapanchayats (public hearings). However, all the projects have not been completed, so we have to ensure that they come through. Our biggest challenge is to make Madhya Pradesh a fully developed state in the next five years.

What will be the priority sectors for the new government?
There are some formalities to set up the new government. These may be over soon. But work has not stopped. We have started work already. At the very outset, we have held a meeting on potable water. It is our top priority to give drinking water to all the areas of the state.

Besides, we shall work ceaselessly for the uplift of women. We shall make the projects that are running more effective. We shall take up the issue of large investments in the state and augment industrial growth with an eye to generating employment. Power generation is a top priority.

Even as Congress conceded defeat, yet they have promised to extend positive cooperation. How do you see that?
The BJP does not have reservations on taking help from anyone so long as it benefits the people of the state. We feel people must rise above sectarian politics and together participate in the development of the state.

We sought the support and mandate of the people precisely for this purpose, and we got their blessings for our work. We have always welcomed positive cooperation for the development of the state, which is our highest goal......Continue

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The Sunday Indian

Carnatic's digital incarnation

Lovers of Carnatic music rejoice! Besides the month-long classical music fair in the form of live concerts that will be held in the Tamil month of Margazhi (December 15 to January 15), you will now be able to enjoy such musical treats from the comfort of your neighbourhood multiplex. On December 18, "Margazhi Raagam", a 110-minute film of nine songs performed by popular Carnatic singers Bombay Jayasree and TM Krishna, will hit the big screens.

Bringing this whole new musical experience to you is Jayendra, director and well-known ad filmmaker. “Live concerts have their own charm, but they also come with their own disadvantages, like low audio quality and noise disturbances. Visually too the result is not so satisfying, keeping in mind the distance between the stage and the audience, and the unflattering lighting. Besides, the microphone positioned right in front of the singer makes it virtually impossible for the audience to see emotions on the singer’s face. There are a lot of factors like that. But in "Margazhi Raagam", such shortcomings have been erased,” Jayendra told TSI. ...Continue

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The Sunday Indian

India is still fumbling for a response to Pakistan in the aftermath of its worst ever terror strike, writes Ranjit Bhushan

So what can India do more substantially? According to former foreign secretary Kanwal Sibal, India should immediately suspend the composite dialogue with Islamabad, along with a slew of other measures: suspend rail and road communications, suspend cross-border and LoC border trade and even reduce Pakistan High Commission's staff strength.

Islamabad has already refused firmly to hand over either Dawood or Azhar. Some experts say that while the LeT is being accused of being the mastermind, there is enough to suggest that the well-trained commando killers were from Pakistan Army, engineered to create opportunities for moving their beleaguered troops from the Afghanistan border to the Indian side, particularly because American drones have continued to hit Pakistani positions on the Pakistan-Afghanistan border.

The US, aware of the potentially volatile situation in south Asia, and certain knowledge that if India engages Pakistan on its eastern border then its war on terror in Afghanistan would be compromised, rushed in Condoleezza Rice to assuage India’s feelings. And she commended India's restraint so far. But Rice told the media on her arrival: "I have said that Pakistan needs to act with resolve and urgency, and cooperate fully and transparently, and that message has been delivered."

In 2002, after the attack on the Indian Parliament, the then NDA government had backed the demarche with heavy troops mobilisation and a threat to fight a "once and for all" battle with Pakistan. That never happened. This time, however, the world waits with trepidition as to what the next move is going to be....Continue

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The Sunday Indian

What does one have to be -- and do -- to become a shankaracharya?

The authentic Hindu religious tradition prescribed a much more austere anointing procedure. The Sanskrit scripture Mathamnaya Upanishad clearly lays down the shankaracharyas’ selection process and in Mahanushashan Upanishad are listed the rules for eligibility. It is a foolproof process. The tradition is that shankaracharyas anoint their successors during their lifetime; following which the anointed person is granted recognition by the Kashi Vidvat Parishad. This is a 150-year-old organisation with 35 living members -- most of them eminent Sankrit scholars. So how come things have gone so horribly wrong? For, barring minor disputes over posts and perks, there seems nothing much wrong with the KVP’s activities. The rot that has set in is entirely due to various vested interests, which have raised at least three similar sounding committees like the Varanasi Vidvat Parisgad, the Varanaseya Vidvat Parishad and the Akhil Bhartiya Vidvat Parishad. And bodies like these have been covertly selling degrees and posts – with the result that dozens of self-styled shankaracharyas have sprung up in different parts of the country.

The life sketches of the likes of Sudhakar Dwivedi show how these nondescript people, who somehow found the money to buy their grandiloquent titles, came to sully and ultimately criminalise the faith. Dwivedi, the son of a police sub-inspector (who retired early this month) quit his job in 1993 to become Swami Amritanand. And then, along with his friend Rajesh Pachauri, he set up the Sharda Sarvagyapeeth in 1999. In 2003 he moved to Kashmir where he declared himself a shankaracharya.

The septuagenarian Shastri vividly remembers the 2003 developments. “KVP vice- president Ram Yatna Shukla and its spokesman Shivji Upadhyaya came to me with Pachauri to say they had convened a meeting of the KVP executive to anoint Amritanand as shankaracharya of Jammu. And they claimed to have the support of other KVP members like Adya Pradas Mishra, Rammurthy Chaturvedi, Rajeshwar Upadhyay, Vashishtha Tripathi and Paras Nath Tripathi. I objected on two counts. One, Jammu isn’t a peeth. The northern seat of Shankaracharya is in Badrinath. And two, I came to know that Dwivedi had two wives and that the matter was in court.”...Continue

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The Sunday Indian

Farmers are reeling under power crisis and rain shortage

KARNATAKA : POWER CRISIS

The agricultural yield, including food grains and vegetables, have gone down by more than 50 per cent this year. Adding to the farmers’ woes, there was a loss of groundnut crop worth Rs 225 crores. Of the 1,45,533 hectares of land cultivated during the kharif season, 90,389 metric tonnes of crops in 1,41,730 hectares of land were spoiled, agriculture department officials informed. This ‘powerless’ situation has affected not only Chitradurga but farmers across the state. “Over 37 per cent of the land in Karnataka is cultivatable, and around 50 lakh acres of land is irrigated through pump sets. But shortage of rain, followed by severe power shortages, will only worsen the situation.

This is responsible for the spiraling prices of vegetables,” says KS Puttannaiah, president of Karnataka Rajya Raitha Sangha, who holds the government responsible for the current crisis. “The government tends to mislead the farmers, assuring them free power supply during the monsoons. But when the rain stops, the load shedding begins,” complained Kodihalli Chandrashekhar, working president of Karnataka state farmers’ association. Some drastic needs to be done to bail out the farmers. Now!....Continue

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The Daily Indian IIPM Think Tank
The Sunday Indian

Global meltdown might not be that bad for India's commoners

India's real estate market too is witnessing some troubled times as prices are collapsing. Again, good news: prices here have always been irrational as demand for decent housing always outstripped supply, and for the fact that Indian real estate giants rarely make houses for the the masses. For them the market was always people from high income bracket and NRIs. With NRIs losing jobs faster than resident Indians, the crashing of prices will do more good than harm to the common man. And the news of lower inflation rates due to recession acts as an icing on the cake for him. This recession is a lesson on the risks of having an export-oriented economy. Interestingly, India's saving grace can be its large domestic market that can guarantee against vagaries of global fluctuations. Its time for India Inc to realise the efficacy of giving more importance to the needs of the common man lower down the pyramid. Telecom companies have shown how permeating down the socio-economic ladder have proved to be a boon for the industry thus making it one of the largest as well as the fastest growing markets of the world which, recession or no recession, continues to grow. Its now time for rest to follow the cue and unleash the potential of India’s latent but colossal rural market. Only that would ensure immunity from global recession. Certainly the common man would not be complaining about it, even if it's recession....Continue

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The Sunday Indian

Cain and Abel revisited?

YSR’s heart overfloweth for the rights of the minorities, you bet. He is not just continuing with the benefits of Haj subsidy for the Muslims, he has thought up a new scheme for the Christians, modelled around the Haj facility, and has promised to do the same for Sikhs and Parsis as well. But will this ensure that Andhra people will agree to live under his dispensation happily ever after? No chance, for he has ended up splitting the Christians themselves because of a nuance that is typical of Andhra Christians.

Andhra Pradesh Chief Minister YS Rajasekhara Reddy is going to give all 'white-card' holding Christians Rs 20,000 as a subsidy for visiting the sanctums in the Holy Land. On the face of it, it is a ‘progressive move’, extending communal facilities and increasing benefits to Christians. But clearly, this is a case of trying to woo voters from that denomination. The state government is setting up a separate wing for Christians in the state’s minority welfare department, along with the constitution of Christian Minority Finance Corporation.

The Haj House in Hyderabad that hosts pilgrimage to Mecca will now play host to the Christians after the departure of last batch to the Haj on November 16. The state government has allocated a budget of Rs two crore for the financial year 2008-09 and the seven-day package is being organised by Andhra Pradesh State Minorities Finance Corporation. Mohd Ali Shabbir, minister for Minorities Welfare, said the funds allocated to the ministry would be dispersed to all minority groups according to their population and Rs 1.27 billion has already been allocated by the government for minorities' welfare in the 2008-09 budget. The Congress government claims that the budget was increased by five times during the last four years. ...Continue

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The Sunday Indian

On 16th November, 1988, Benazir Bhutto was elected as the Prime Minister of Pakistan in the first ever open elections of the country.

I also remember that Bhutto’s stance to ease tension with India was resented by the establishment. There were accusations in the newspapers that Bhutto had passed on secrets to the Indian government regarding Sikh extremists who were allegedly trained in Pakistan. This was nothing new. In 1972, when her father Zulfikar Ali Bhutto signed the historic Simla Accord, he was also accused by right-wing parties of compromising on the national interests. Bhutto studied in elite schools and was not proficient in the national language Urdu when she entered the realm of politics but she was quick to learn the language, though the common man was amused at her accent and grammatical mistakes.

She was also an ‘eastern’ wife. During a book launch ceremony at Karachi Press Club, when a stringer from TIME magazine asked her if it was true that she had strained relations with her husband, she became furious and snubbed him. No wonder, she always denied corruption charges against Zardari.

Strangely enough, despite the fact that she studied at Harvard’s Radcliffe College and Oxford, she was superstitious and used to visit faith healers, anxious to know about her fate. At the same time, she was also daring and would not hesitate to visit places where security was inadequate. In fact, her tragic death on December 27, 2007, in Rawalpindi, was the result of a security lapse.

Like her father, Bhutto too had a photographic memory and party workers would be astonished when she would address them right even if she had met them only once.

I believe that her brief tenure as Pakistan’s Prime Minister (1988-90 and 1993-96), and exit from power, could be attributed to mainly two factors: One, her husband Asif Ali Zardari’s passion to accumulate wealth, and two, her inability to organize Pakistan People’s Party on democratic lines. Pakistan People’s Party always remained under a dynasty.....Continue

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The Sunday Indian

Poll khol!

How polls are becoming a national pastime

The voice of a RJ came over the radio, “A list of new seven wonders is being made, would it be right if the Taj Mahal was not on the list? Don’t let that happen, please cast your vote on these numbers right now!” This was the appeal that could be heard across all radio stations in India about a year ago, when Indians were suddenly and explicably gripped by ‘wonder frenzy’. Determined to get their ‘worthy’ contestant in the final list, it became a national mission for all to cast their vote multiple times, and exhort others to do the same. It was as if an international version of Indian Idol was being played, with Indians rallying behind their beleaguered contestant. The efforts paid off, Taj was on the list when the results were declared. Amid enthusiastic back-slapping and bouts of self-congratulations, it was forgotten that the poll was conducted by an obscure ‘for-profit’ organisation from Switzerland, which had no backing from any international body! After receiving a ‘cut’ from more than 100 million votes cast world over, New 7 Wonders Foundation (which had conducted the polls and had pledged to donate 50% of the proceeds to conservation of monuments of the world) quickly declared that it had hardly earned anything from the ‘world’s largest poll on record’ and hence was unable to fulfil its obligation. As for the grand poll, once the voting frenzy subsided, no one remembered the results, save for the fact that ‘Taj made it’!...Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Why MP is considered the ‘next’ destination by entrepreneurs & tourists?

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

It’s right at the madhya (centre), and it deserves attention. But there’re more reasons why MP is considered the ‘next’ destination by entrepreneurs & tourists alike – call it the result of ‘completely revamping and professionalising’ the overall state machinery (be it for birds or for the bucks!). sreoshi ghose presents an account...

Giving them company is the other Birla, the Birla Corporation Ltd (from the MP Birla group) that has invested an incredible $62 million in its cement plants at Satna. While on one hand, cement is a major thriving sector in MP, there are players from other sectors that are enjoying every moment of their MP ride like the auto, pharma, FMCG & beverage & IT sectors, as Ashwani Lohani, MD, Madhya Pradesh State Tourism Development Corporation (MPSTDC) asserts, “The private sector investment in various sectors in the state has witnessed a boom in the last three years due to the extremely proactive role being played by the government.”

The auto sector is mainly based in Pithampur, near Indore. From Bajaj Tempo to Eicher Motors Ltd. (who have worked their way up the ladder of economic prosperity over the past two decades) to Kinetic Motors (which has come a long way in the past half-a-decade), all have a plant there. Eicher’s manufacturing facility at Pithampur, has an annual production capacity of 20,000 units. Its experience in the state as a company official terms it, has been “excellent”. Even Nicholas Piramal has a pharma R&D & production plant in Pithampur. Then there are other districts which have attracted major investments from other sectoral giants like the Raisen district, where beverage major Coca-Cola India has a plant and Procter & Gamble has an advanced technology detergent manufacturing plant. In Chindwara district, there is an HUL unit and in Malanpur, there is a Cadbury India plant. Indore among many investors has Ruchi Soya Industries Ltd. (edible oil refinery) and IPCA Laboratories Ltd. (drug facility). IPCA also has a plant at Ratlam. Then there is a Ranbaxy Laboratories plant at Dewan district.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
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Sugary sweet petrol!

When IIPM comes to education, never compromise

Classy backward integration move by oilcos

Soon we may have Reliance Sugar and Hindustan Petroleum Sugar, just like we have like Tata Salt. And what makes us think so? Well, of late, oil companies have got busy in sugar exploration than just oil exploration. Mukesh Ambani’s RIL, HPCL and other players have acquired defunct sugar mills on a long term lease basis in the state of Bihar. Commenting on the occasion, Nitish Mishra, Sugarcane Development Minister, Bihar says, “RIL, HPCL, besides Rollon and a state-based industry were on Friday awarded financial contracts for the revival of 6 of the 13 state-run sugar mills in Bihar.”

On one hand, the move will pump in some life into these sick mills and on the other, the government hopes to mop up as much as Rs.3 billion from these deals. But the question really is: Why are these oil majors making sugar sector their next juncture?

For companies, the deal is a masterstroke as it will ensure a cheap and a steady source of ethanol. At the moment, a blend of 10% ethanol is allowed in petrol. However, limited supply and therefore rising prices of raw material for making ethanol was proving to be a deterrent till the moment. But with the acquisition of the sugar mills, the oil companies have struck a backward integration masterstroke which also saves the environment. Now, finally things seem to becoming sweet for these companies. Like SAIL & the Tata Group who long back acquired captive iron-ore mines and are now enjoying its benefits, these oil majors too have securitised key raw material supply in ethanol production which will pay them off in future. Surely these sugary sweet moves will fuel the growth of the petroleum giants...

Edit bureau: Siddharth Nahata

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-
B-schooled in India, Placed Abroad (Print Version)
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