Showing posts with label IIPM-press. Show all posts
Showing posts with label IIPM-press. Show all posts

Wednesday, August 29, 2012

The absence of any specific contectual factors of the UPA-I

In the absence of any specific contectual factors of the UPA-I, the present government seems to be taking a completely neo-liberal approach. by nilotpal basu

The government’s neo-liberal approach manifest in the severe adverse conditions that the aam aadmi is faced with as a result of the spiraling prices of essential commodities – particularly food. The government has refused to act to do anything meaningful to redeem the situation. The price question is being attempted to be dealt with through monetary measures and tinkering of the interest rates. While nobody is contesting that agricultural production – particularly food production has to be enhanced – but the fact remains, today, the main problem is distribution. 6 million tonnes of foodgrain lies stored in our godowns – part of which is as the Supreme Court has observed – in a state of rot. The government has persistently refused to release them to the poor and the vulnerable through the Public Distribution System.

Overall, the conditions of the people – the aam aadmi – has been precarious during this tenure of the UPA government. The economic situation is not changing for the better and the aam aadmi is at the receiving end. Their condition becomes even more unbearable in the phase of the huge gains that the ‘high and mighty’ have come to enjoy. These are highlighted by the pronounced display of corporatisation of politics and charges of cronyism. The social and the political tensions create a situation of palpable disquiet.

The situation and the government’s critical role ought to have been set out through an articulate direction. Primarily, as is the fundamental requirement of our Constitution, the Prime Minister ought to have led the charge. Prime Minister’s stoic silence to respond to the aam aadmi’s aspirations has been an overwhelming feature of the last year. And, that itself is an eloquent statement!


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Monday, August 27, 2012

CHINA-PAK NUKE DEAL: NUCLEAR SECURITY

The on-going Sino-Pakistan nexus is highly dangerous for long term global peace and stability

General David Petraeus, Commander of US Central Command suspected Pakistan’s involvement with Taliban and other terror groups during a hearing by Congressional Committee. China’s ostensible logic that the US-India nuclear deal automatically justifies its assistance to Pakistan makes no sense. Only a clear lack of logical reasoning or a blindly biased viewpoint would lead someone to paint India and Pakistan with the same brush.

The Chinese argument for extending assistance to the Chashma reactors is twofold. First, it will be built under the nuclear watchdog IAEA’s guidelines, and hence be for peaceful purposes. Second, it is not defying NSG protocol, as the original deal was struck in 1985 (before formation of NSG). To India’s despair, US and its allies in Western Europe are fence sitting on this critical issue. Obama does not want to antagonize China, whose support he will need in more pressing problems like the sanctions on Iran. On China’s part, it is another indicator of its intent to put pressure on India. What the Western world fails to comprehend is that this could have deadly repercussions for the whole world.

Source : IIPM Editorial, 2012.

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

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Friday, August 10, 2012

Everyone’s wondering about Bollywood’s next moves...

Piracy is becoming a big threat for the film industry and after the recent ‘Tera Kya Hoga Johnny’ fiasco, everyone’s wondering about Bollywood’s next moves...

Even the Amitabh and Abhishek Bachchan starrer Paa was out on the same website on the very day the film was released. Though the Bachchans did try to get it removed from the Internet, little could be done, for in a very little time the damage had already been done. What the filmmakers can do is, mark their movies with Coded Anti-Piracy or CAP technology. This is a system with which each print of the movie can be marked with a distinguished pattern of dots, which can be used as a forensic identifier. So, with the help of this technology the source of illegal copies can be zeroed in on.

“Spread awareness; ensure within the studios or during the sound or dubbing or mixing that it’s a clean process and a clean studio because the theft could happen from anywhere. And one wouldn’t know when it has happened. I know Sudhir, I have worked with him, and I have great regard for him. I know how much effort he puts into everything he does. My heart goes out to him,” added Pathak. Let’s hope that stringent laws are made and enforced to keep the pirates from sinking the film industry. Meanwhile, we as individuals need to stop encouraging all forms of piracy. For sure, Rs. 100 for a ticket shouldn’t pinch much as compared to the losses that go into millions of rupees for the filmmakers.

Read more.....


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Tuesday, August 07, 2012

Why governance is not taught...

Have you ever heard of a school of governance and politics in India?

Yes and no! Perish the forsaken curiosity. The yes, is for the affirmation that without doubt our political arena has witnessed the entry of many young politicians. And the no, is the answer to the question whether they’ve been able to make any sensible difference to the scenario. One reason is that the number of young politicians in India is still miniscule given the fact that the average age of the 13th Lok Sabha has been around 55 years! But learned that we are, allow us to introduce a proxy reason for this problem. Young and talented individuals today do not understand the nitty-gritty of politico-economic debates and simply perceive politics as a criminal’s exercise in drudgery because, ironically, there exist no known institutions in India that teach politics and governance. Even the young MPs who were there in the Parliament participated only in 7% of the debates. And the less talked about their overall attendance, the better. We ergo question the experience and exposure that our young politicians undergo before entering politics. Clearly, what we require are structured and respected institutions teaching politics and governance on a specialised basis to the literate youth.

Think about it. To match top global examples like the John F. Kennedy School of Government (Harvard University), Bulgarian School of Politics, Matsushita Seikei Juku institute in Japan and Colombo School of Politics, what have we? Hilariously named institutions like Netagiri in Ranchi. Without being deprecating, the fact is that if this school, which has more than 200 students, has produced several state, district and community-level politicians, then imagine what we could end up achieving by setting up well financed and supported institutions across the country that teach politics and governance to our empowered youth.


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Wednesday, July 25, 2012

Rupee EPS Guidance is a Concern

Besides The Upheaval at The Top, it has been a Defining year for Infosys, which saw some Welcome Growth in Revenue Terms. However, Rupee EPS Guidance is a Concern 

Going forward, while the company continues to seek opportunities in other emerging markets, the key is going to remain the US, since that is where it still gets around 65% of its revenues. As far as the US market is concerned, Forrester Research concludes in its report that the market for Information & Communication Technologies or ICT (which includes both products & services & involves both government & corporate spending) will grow by around 8% to touch $805 billion in 2011. Of this, IT outsourcing is expected to account for around $104 billion. Though slower than the growth of 8.9% in 2010, it is bullish from the standpoint of the larger base. Consumer spending, which is two thirds of the US GDP, has risen by 4% in Q4, 2010 and unemployment rate has fallen to below 9%, according to Forrester. If these trends continue, the economy should be on a strong growth path.

Besides the protectionist pressures that Indian firms like Infosys faced, there is one more important point to take care of – the fact that location centric advantages are becoming less relevant, thanks to multiple sourcing opportunities being explored by clients. So far, Indian software companies have been able to weather the storm and even gain market share. Dean Blackmore, senior research analyst at Gartner, comments, “In a market that grew 3.1% in 2010, India-based vendors collectively grew by 18.9% (in context of the global IT outsourcing market), increasing their market share from 4.8% in 2009 to 5.5% in 2010.” Yet, caution is advised.

Now the greatest criticism of Infosys has been more towards its conservative nature, particularly towards inorganic growth. Cash is indeed one area, where the company has been far more defensive, with its policy of keeping enough cash reserves for one year of employee salaries at all times. But when it comes to succession planning, Infosys has done a major shift in terms of getting K. V. Kamath in as the Chairman of the company. While promoting S. D. Shibulal to the CEO chair was anticipated, Kamath’s elevation is a first for the company that has traditionally been known to reserve higher positions for its own people. In a past interview to B&E, Kris remarked, “We very rarely select people in direct leadership positions from outside. I also believe that if a company wants a CEO from outside the company, that means the company is not doing well.” While the issue may not be with performance at the moment, recent developments indicate that the company wants to inject some new thinking into its DNA, particularly the kind that took ICICI Bank to new heights. Besides, it does silence quite a few voices that consistently point out how the company is still very founder driven.


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Friday, July 20, 2012

Women have broken a lot of Gender Barriers in Society, But The Glass ceiling is not Exactly in that List Yet

Unleashing The Next Wave of Economic Growth
Entrepreneurship has re-engineered the genetic make-up of many economies. It is now time to tap the potential of women entrepreneurship and unleash this potent force to spur economic growth.

This morning, students in my entrepreneurship class at UCBerkeley’s Business School presented their ideas for a smorgasbord of new ventures, ranging from fresh search engines on the web and better ways for small businesses to buy insurance, to innovative platforms for tourism in China or finding parking spaces in big cities. Half of these aspiring entrepreneurs were women.

At the same time, microfinanced loans were being made and repaid by small-scale entrepreneurs in villages and cities across India, Africa, Latin America and Asia. Most of these loans supported women building businesses for their own livelihood and families’ well-being.

Between these two vignettes – one played out in Silicon Valley and the others unfolding in different time- and economic zones – lies a basic truth: entrepreneurship is a dynamic force for igniting human ingenuity and a powerful engine for driving growth and opportunity up and down the world’s economic pyramid. Entrepreneurs create jobs, stimulate technological innovation and create new value for their customers, investors and themselves. They bring a willingness to take risks, an ability to see tomorrow’s opportunities where others see only today’s reality, and often a healthy disrespect for the status quo that can lead to disruptions in markets, economies and even societies.

Most people see the face of entrepreneurship as men like Steve Jobs, Richard Branson, Bill Gates, Dr. K. Anji Reddy or N. R. Narayana Murthy – innovators whose vision and tenacity have sparked the creation of global enterprises worth hundreds of billions of dollars. And in fact, most entrepreneurial ventures are started by, owned by and managed by men throughout the world. In the US, only 30% of businesses are women-owned, about the same percentage as in Europe; a sizable gender gap in entrepreneurship also prevails across Asia, Latin America and Africa.

But the real story of women and entrepreneurship is not told in these statistics. Many ventures started and owned by women exist off the scoreboards of formal economies. They may operate in informal markets, or represent smaller-scale enterprises, or play out in ventures officially owned by men either for reasons of tradition or legislation or both. Regardless, women entrepreneurs are vital contributors to the economic well-being of their families, communities and nations. Their businesses do what most business do: generate jobs, sell products and services and create value.

If entrepreneurship is “the pursuit of opportunities beyond the resources under one’s control”, then it is a field ripe for the talents of women, precisely because they have relatively fewer resources under their control in many parts of the world today. Entrepreneurs have to be resourceful before they have resources; and that is both a challenge and opportunity for women entrepreneurs today. In some countries, they must contend with hostile laws that artificially restrict their freedom to pursue their aspirations in creating new businesses to serve real customer needs. They must either confront or work around family and spousal attitudes that often range from ambivalent to resistant. And in most societies, they must do that while fulfilling entrenched notions of their roles in society as mothers and wives.

But in the midst of those realities lie profound opportunities. We can see the evidence all around us. It is not only the “poster women” entrepreneurs like Oprah Winfrey or Estée Lauder that command our respect for creating enormous enterprises through their creative genius and demonstrable leadership. One needs to look no further than down the street or in the next village to find immediate examples of ventures inspired and operated by women applying their own time and talent to new and existing businesses, albeit perhaps at a smaller scale with less fanfare.

Entrepreneurship is not the exclusive province of high-tech, high profile and large-scale ventures or their creators. In fact, most of the economic value and jobs created by entrepreneurs are generated in small-scale, low-tech and mostly unknown businesses across the world. These are the enterprises that represent the lifeblood of most economies globally.

As the gender gap shrinks across the landscape of higher education in many countries, the pipeline of talented women aspiring to make their mark as creators of vibrant new businesses will inevitably expand. The combination of ambition and education will accelerate the impatience which often fuels venture creation by entrepreneurs frustrated by the pace of change or lack of imagination in more traditional pursuits.

And here is the catch. If women entrepreneurs are every bit as talented and dedicated as their male counterparts, the world can unleash their power in transforming markets, opening societies and expanding horizons not just for their benefit, but for all of us. And this, I think, will take creativity and courage in several key areas. First, girls need to see women as entrepreneurs. They need to understand that people like them can tread the path of entrepreneurship and do it successfully, without sacrificing their identity in the process. Schools in every community need to better showcase the rich tapestry of women entrepreneurs by inviting them into classrooms to share their experiences and challenges; and developing practical curricula that focuses on what it takes to start a venture of their own.

Second, women entrepreneurs need to develop mutually supportive networks with each other. This is not to exclude engagement with their male counterparts, but rather to encourage exchange of best practices and peer-to-peer support with others who have personally experienced the unique configuration of issues faced by women starting and growing businesses. In fact, a recent Global Entrepreneurship Monitor report suggested that “being employed and having a social network that includes other entrepreneurs are stronger predictors of women’s entrepreneurship than educational attainment or household income.”


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Tuesday, June 15, 2010

Relief for school children

State govt bans students’ participation in VIP rallies

Schools have been asked not to rope in students for ceremonies and rallies to welcome VIPs in Orissa. Passing a resolution, the School and Mass Education department of the government of Orissa says: “School children will not be made to wait for hours to receive a celebrity during function. VIP duties for school children are over.”

Issuing a missive to all the schools on April 24, 2010, the state government asked them to implement the orders as soon as possible. From now onwards student need not entertain VIPs visiting their areas.

Of late, it had become a common practice to use school children to welcome guests in both public and private functions. Several child organisations raised the issue and mounted pressure on the government to take action against it. Sources say after being inundated with complaints, Minister of State for School and Mass Education Pratap Jena banned the use of school children for such functions. The minister’s office instructed all the district collectors, district inspectors of schools and circle inspectors to end the misuse of school children.

Joint secretary to School and Mass Education department, Government of Orissa, Iswar Ch. Barada told TSI: “We received several complaints from different organisations and parent bodies. They complained that children were suffering because they were forced to participate in events to honour VIPs. We understand that many a time they have to wait for long hours even under the sun. There have been some cases in which students fainted due to unbearable heat. Therefore we have decided to ban such a practice.”

However, many educationists are unhappy with the government’s decision. Dr. Ganeswar Mishra, an educationist and a retired professor of Utkal University, is one of them. He argues that there is nothing wrong in making students participate in such events. “Receiving a VIP is not a bad idea. It cannot be called violation of child’s right. Such ceremonies give children an opportunity to interact with eminent personalities,” says Dr. Mishra.

But he agrees with the critics of the practice that students should not be made to stand for hours to welcome a VIP.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Tuesday, June 08, 2010

Half a nation's half a war

Even Rip Van Winkle would have felt embarrassed by India’s oddity

It is said that if something looks like a duck, flies and quacks like a duck, then it has to be a duck. But India is an exception. So, when 18 brave heart policemen were killed in Mumbai during 26/11, the whole nation galvanised into one and there was an evident cry of a battle to take revenge. Yet the issue was somehow marginalised to how the police and CRPF intelligence was to be blamed, if not Chidambaram. While that may be true, what has to be realised is that in all our confabulations, we should not forget that those are the Maoists primarily who are responsible for the killings. This may sound simplistic and naive; Home Ministry reports clearly state that in the last few years more uniformed personnel have been killed by the Maoists than by any terror group in J&K or Northeast. It is known that the Maoists have far greater firepower than any other banned terror organisation in India. They have mastered the use of IEDs and pressure bombs to the extent that the Indian security forces are still clueless about how to deal with them even as the mine protection vehicles are proving to be redundant. It is also known that Maoists are far more ruthless than any other subversive organisation and consider killing their adversaries with the worst kind of ferocity and ruthlessness to set examples for the rest. Their objective is not to develop the underdeveloped regions of India but keep them out of bound from prosperous India. Had their intention been to improve the state of people, they would have ideally given books instead of AK-47s in the hands of teenagers and not use them as fodder even while the progeny of the elite Maoist leaders continue to live in opulence. It’s no secret that their real objective is to replace India’s democracy with a ruthless communist regime. It is also known that in the Maoist strongholds, nothing can move without paying extortion money, the extent of which is around Rs.1500 crore a year. Yet when these reports come out, Indian intelligentsia easily scoff them off as government's propaganda and that Maoists are nothing better than poor peasants in destitute.

So what happens to India? Well the fight against Maoists is a litmus test of the very idea of India and would help in drawing the boundaries of liberty and laissez fairer that our democracy has been reduced to. Would someone ask the intellectuals as to who, whether the Maoists or the CRPF would come to India’s rescue if there’s another 26/11 type attack in India? Unfortunately, for Indian intellectuals, whose bravery is never put to test in front of a barrage of AK-47 bullets, its romantic reverie of an ideal revolution will not be broken unless the Maoist attacks, like the Jihadi attacks, would hit the heart of urban India hard. Then helicopters would be used with impunity as was used in 26/11. But till that time babus and netas sitting in Delhi would pretend that there’s no war going on and so Army’s involvement is not needed. Till that time, India would continue to have half a war in which it would fight and yet not fight to finish while the Army would continue to buy weapons for a conventional war, which perhaps would never happen in reality. If the Maoists are so right in their attitude that even the government is confused, then let’s not have any war at all and let them have their leeway if it helps India. But why reduce it to CRPF’s and Chidambaram’s war instead of the nation’s war? Yet, can you expect something better than half a war from half a nation? Not really because for a nation which behaves more often than not like 28 independent states, one can only expect half a war. And the poor CRPF jawan without any idea as to why his government has left him alone to die, would continue to pay with his half or full life while numerous talk shows on television would have burning issues to discuss and ponder for months to come. We call this democracy.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Monday, June 07, 2010

Rising above odds

Now that the most awaited film of the year, "Kites", is up for release, Hrithik Roshan has been trying to befriend the media and has been opening his heart out to them. The actor admitted that he went through a phase of depression during which he also contemplated quitting acting and becoming a singer or director when his knee injury refused to heal. But the script of "Kites" came along as a touch of healing medicine and his injury started to show positive signs on the very first day of the shoot! Looks like the universe conspired to fulfill Hrithik's desperate desire to be a part of the film. Releasing in two versions, English and Hindi, let's hope this action thriller wins the heart of the audiences just like the actor has!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Friday, June 04, 2010

In search for new home

More than 130 lions reside outside the Gir sanctuary

The Gujarat government is upbeat after reports surfaced that the population of the Asiatic lion in the state has increased from 359 to 411. But the euphoria was short-lived as more than 130 lions reside outside the 141 square kilometre reserved forest of Gir.

Concerned about their safety, the Central government wants them to be shifted to Kanha sanctuary of Madhya Pradesh. This is not a one-off thing. Earlier too, about 33 per cent lions of Gir have been settled outside the sanctuary. Two years ago, the state was rocked after three incidents of poaching had been reported in Gir sanctuary.

But this time, the authorities insist that they are working overtime for the safety of these lions and there is no need to worry. For the last two years, no poaching incidents have been recorded from the area. The safety of the lions that reside outside Gir has become a top priority for the government, authorities, environmentalists and the locals. According to the Asiatic lion census 2010, carried out in the sprawling expanse of the greater Gir, many lions have settled on areas about 100 kilometre away from the sanctuary. Official sources say lions that live outside the sanctuary prey on local animals. They kill two animals of herdsmen (Maldhari in Gujarati) everyday.

A member of legislative Assembly (MLA) from Junagadh Bhagwanbhai Barad says: “Earlier the government implemented an eco-development scheme for the Maldharis of Gir. The purpose was to settle these shepherds outside the sanctuary so that lions don’t get distracted. But when the shepherds moved out of the forest, the lions also followed them in search of new habitat.”

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Wednesday, June 02, 2010

This Adonis is a Phoenix

There’s a lot about Hrithik Roshan that hasn’t changed with the stardom he’s attained; his words are still truly heartfelt. even in a situation where he’s pressed for time, the actor makes sure that every thought of his is well explained. in a conversation with spriha srivastava, the green-eyed hunk talks about his journey from “finished” to “phenomenal”.

“Kites” is being hugely anticipated and expectations seem to be running sky high. Do such expectations make you nervous?

Yeah absolutely! But it’s exciting at the same time. Actually, this anxiety is very exciting.

Your life is perhaps the perfect example of ‘rising from the ashes’. During the time when your films were not faring well, what would you think was going wrong?

Nothing was going wrong. Every soul has its own journey and there’s no bad experience. Every experience is to help you find yourself more. As you go on experiencing, you go on shedding the layers around you. Every up and every down teaches you something and you start getting to know the real person inside you. That’s what I feel. And I believe that by breaking those layers one can eventually know who you are and live in peace with what you are.

And after that phase came your big-budget superhero films, the first of its kind in Bollywood. When the idea was discussed with you, what made you give a go-ahead for “Koi Mil Gaya” and “Krissh”?

It was because the idea sounded ridiculously challenging and was unheard of. It just looked like a leap in the right direction. You know, I just felt that if we conquer this, then it will be the most victorious thing ever done. It was an exhilarating feeling.

And it was not only victorious, but you and your dad Rakesh Roshan also raised the benchmark of Hindi cinema. How is the chemistry between you two?

Whatever I’ve learnt, I’ve learnt from my father; by being an assistant to him, watching him …He’s been the best example to help me find my drive and my passion. I’ve watched him through his ups and downs, I’ve watched him break down or get ecstatic… With him, I’ve experienced what life is like beyond the camera and the bright shining light (laughs).

Apart from your dad, you’ve worked with some of the best directors. How would you say is Anurag Basu different from other directors that you’ve worked with?

Anurag Basu is fantastic. I completely resonated with his vision. He has got a fantastic sense of screenplay. You know, he looks for those magical moments and doesn’t follow a rule book. He follows his heart. His attempt with “Kites” was to make an honest film. Just one example of that is that when my character had to sing for the girl, he wanted my voice. He did not go for a playback voice. That’s why it was a challenge and an opportunity to do a role like this. I feel all the work that I’ve done before “Kites” was to prepare me for a role like this. Working with actors like Kangana and Barbara Mori was also an opportunity because they come from the same school of thought as Anurag. I just had to watch and learn.
For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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