Thursday, December 24, 2009

Has the aura faded?

Four years on, Bihar CM Nitish Kumar may have suffered a setback in the recent by-elections, but he appears to be well on course for a second term in office, reports Onkareshwar Pandey

Last month’s Bihar bypoll results were a huge setback for chief minister Nitish Kumar. The political combine of Lalu Prasad Yadav’s RJD and Ram Vilas Paswan’s LJP wrested nine of the 18 seats contested, leaving only five for the ruling JD(U)-BJP alliance. The Congress won two seats. Most of these 18 seats were previously with the ruling NDA alliance.

So is Nitish Kumar’s magic waning? On the face of it, if these results are an indication, the CM would be hard-pressed to retain power when Bihar goes to the polls next year. But political equations in the state are complex and with the Opposition likely to remain splintered, Nitish might just sail through.

The question that is being asked is: what went wrong in the bypolls? Earlier this year, the NDA alliance had won 32 of the 40 Lok Sabha seats in Bihar. RJD-LJP managed only four. Do the bypoll reverses mean the electorate is losing faith in Nitish four years after he stormed to power, ending 15 years of the RJD regime?

Political observers aren't ready to read too much into the results although they accept that several aspects of Nitish’s rule have led to disenchantment.

When Nitish pulled off a resounding victory in the November 2005 Assembly elections, the people’s expectations were very high indeed. They wanted to see an end to the misrule that marked the the Lalu-Rabri tenure.

On many counts, Nitish lived up to the expectations. He put his best foot forward on the law and order front. Criminals and musclemen were quickly brought to book. Perpetrators of the massacres that occurred in the past were punished irrespective of caste and political considerations. Bihar saw 6,839 convictions in 2006, 9653 in 2007, 12,007 in 2008 and 10,125 in 2009 (as of September).

In a 60-page progress report on his government’s performance, Nitish claims: "On the law and order front, the task was to build confidence among people and in the law enforcing machinery. We succeeded to a great extent in taking out the fear factor from the minds of people, both from inside and outside the state... Women can be seen moving around in cities and towns till late in the evening. A number of national and international events are taking place here, which is a clear indication that we have been able to instill confidence among people".

The Khagaria massacre, which claimed 16 lives in the first week of October this year, was the biggest blot on Nitish Kumar’s relatively ‘peaceful’ four-year track record in a caste-conscious state. But In this case, too, Nitish acted with alacrity and suspended the Khagaria SP and DSP for dereliction of duty. The police have already arrested the alleged mastermind and are claiming to have cracked the case on the basis of the interrogation.

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IIPM Editorial, 2009

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

Monday, December 14, 2009

About 28 farmers commit suicide over the past four months

Turmoil in orissa house

The Opposition Congress members created a ruckus in the Orissa Assembly over the issues of alleged suicides by farmers and the mining scam last week. With pandemonium continuing, the House was adjourned thrice for ten minutes each.

These two major issues are being used by the Opposition to corner the Naveen Patnaik government that has been ruling the state for the last twelve years. Incidentally, the Bharatiya Janata Party (BJP) — the alliance partner of the Biju Janata Dal (BJD) in the initial two elections only to snap ties in the 2009 local polls — has also joined in.

Their leaders leave no chance to highlight the ruling government’s failure in addressing farmers’ problems.

The party known for ignoring Opposition seems to be upset with the latest development in the state. Till date, at least 28 farmers have committed suicide in the state over the past four months of which more than 15 were from the western part of the Orissa — considered the ‘rice bowl’ of the state.

Besides, the government is also in the dock for its role in the Rs 14,000 crore mining scam. The Congress is seeking a CBI probe into the whole episode.

Cornered, the government has rolled out a number of schemes for the farmers whose rabi crop was destroyed by poor rainfall. However, the Congress is not willing to take the government-run rescue mission at face value. They say that the government has not come out with any concrete rescue package for the debt-ridden farmers who are distressed due to crop losses. And they are in such a sad position that they can’t even pay back their debts taken from the local agents.

“The government has no right to remain in power, as it has failed to rescue the farmers of the state. Forget about compensating the debt-ridden farmers, the government should have at least consoled the deceased family members”, BJP state president Suresh Pujari said.

Farmers’ issues has tarnished the clean image of Naveen Patnaik. “Farmers of the state are upset with the chief minister, as he has done little to address their real problems. The government has not added a single inch of irrigated land during its regime. It has neglected the agricultural sector and the farmers are suffering,” Central minister and senior Congress leader Srikant Jena told TSI.

The usual response from the government has been that it would look into the matter.

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IIPM Editorial, 2009

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


Monday, December 07, 2009

Marks do not matter

Academic laggards don’t always finish last. There’s life beyond poor exam results. Why, then, do good grades mean so much? Anil pandey analyses

when Raman flunked his Class 12 exams, his family was devastated. He now knew he wouldn't be able to fulfil his parents' dream of making him a doctor. Worse, advice flew thick and fast. Friends and relatives told him he wasn’t cut out for academics. But Raman held his ground. He was sure his day would come. It did. He cleared Class 12 on his fourth attempt. Thirteen years on, Raman has risen above his poor academic record. He works as an adviser with a multinational company. “I wasn’t a good student. So during my school days, I was always tense and under pressure. But that didn’t stop me from achieving my target. You cannot rectify your past, but with perseverance and patience you can change your fate,” he asserts.

Raman is a shining example for students who meet with failure and are unable to deal with the disappointment. Parents tend to write off such children. They feel that good academic performance is an absolute must for a young person as he gears up to face bigger challenges that lie ahead.

However, there is no dearth of students who have proved that line of thinking wrong. As Raman says, nothing is impossible if one puts one’s mind to it. “One can achieve just about anything by sheer dint of hard work,” he adds.

Oscar-winning music director AR Rahman was a less than average student, but today he is an icon for millions. He has reached the pinnacle of his craft because he did not let lack of academic achievements throw him off balance. He dared to pursue his passion. Indeed, Rahman is proof that success in life stems from doing what one believes in, not what others expect.

The amazing story of Sachin Tendulkar is no different. He was a mediocre student, and so was Albert Einstein. Teachers called American inventor Thomas Alva Edison a “dull student”. These men may have struggled through school, but when it came to proving themselves to the world, they were second to none. Mohandas Karamchand Gandhi and Winston Churchill, who changed the history of the world, were also average students.

Not everybody can be as successful as the aforementioned personalities, but their stories, and those of countless others, prove that the academic system may not always be equipped to assess the true worth of students. The system places too much emphasis on marks. Failure to measure up often leads to undue depression among students.

A student who scores 60 per cent marks walks with his head in the clouds, but one who gets 59 per cent finds himself down in the dumps and is gripped by a sense of dejection. Calling the efficacy of the education system into question, well-known sociologist Satyamitra Dube says: “Our marking system is wrong. Teachers are made to check a whole bundle of answer papers in one day. The marking system is not foolproof and there always exists a chance of human error. That is why we are now talking about introducing a grading system.”

If a student has good command over a particular subject, but is ordinary in all others, he is unable to score good marks. This leaves him depressed and low on confidence. Academics feel that we need a system that is able to judge a student’s real aptitude and encourage him/her to take up the right subjects. That would obviate the possibility of a situation in which a student feels trapped and inadequate.

Had Sachin Tendulkar’s elder brother not spotted his hidden talent and encouraged him, the world would have been deprived of an exceptional cricketing icon. But everyone isn’t Sachin. There are many who end up defeated and dejected.

Good grades do play a role in helping youngsters get plum jobs, but marks are certainly not everything. It is the duty of teachers and parents to spot a student's talent and then hone it.

Unfortunately, even today more importance is given to marks. Securing a first division has become a status symbol for parents. Teachers reward students who get high grades.

But they don’t realise that there are many students who, despite their insignificant academic performances, succeed in cracking the civil services exams, the toughest in India.

Even today, a large number of parents want their children to study science. They want theirs wards to become doctors and engineers. Thus there is intense pressure on children.

Director (academic) of the Kota-based coaching centre, Career Point, Shailendra Maheshri tells TSI that low grades are not a hindrance in clearing engineering and medical entrance tests.

“There are many students in our institute who don’t have good grades. Many have third division, but that has not stopped them from getting into the IITs and other prestigious institutes. Many among them are from the Hindi medium. The mantra to success is hard work,” he says. “From last year, IIT has set a 60 per cent bar on students appearing for entrance exams. But there are many prestigious institutes where students with less marks can still get admission.”

Moreover, students today have a wider range of career options than ever before. There was a time when the engineering and medical courses were regarded as the only worthwhile options, so there was a rush of students for these streams. But now other careers like tourism, information technology, business management, economics, sociology, acting and fine arts, among numerous others, are in great demand.

Professor JL Sharma of Delhi University says: “After globalisation, the demand for many less fancied subjects has increased manifold. Subjects that were once called “dry” are no more boring. Earlier, students would hesitate to take up English and Hindi (Honours) but the situation has changed. There is a huge rush among students to study these subjects. So things are changing for good.”

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IIPM Editorial, 2009


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



Thursday, December 03, 2009

Born on 26/11 - Former lok sabha speaker

Rabi Ray

Former lok sabha speaker


Rabi Ray, who served as Speaker of the 9th Lok Sabha in the late 1980s and early 1990s, was born on November 26, 1926 in Bhanagarh village in Orissa’s Puri district. "Terrorism,” he says, “is tantamount to an attack on humanity. No civilised man can support it.”

The octogenarian Ray was obviously shocked when terrorists targetted India’s financial capital last year. But he has doubts whether the nation has learnt its lessons. “Following 9/11, the US government took exemplary security initiatives. There has been no recurrence of terrorism on their soil. But I don’t think our government has done enough to curb the terror threat,” he says, citing newspaper reports about security lapses after 26/11. “A year has gone by. The government should have taken strong steps by now to root out terrorism once for all.”

Ray’s life-long socialist leanings shine through when he asserts that globalisation and liberalisation, like terrorism, are big threats facing the country today. “These are the main causes of social destruction," he says.

Mr Ray, who recently wrote a letter to the Union home minister appealing for peace talks with Maoists, has never celebrated his birthday. It’s going be to be no different this year. "I don’t believe in birthday celebrations. Every day is a new day for me. But I think 26/11 should be observed as a day of national mourning," he says.

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IIPM Editorial, 2009


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



Tuesday, December 01, 2009

IIPM Press - Austerity, who cares

Austerity, who cares
Cong govt drinks tea worth Rs 40 lakh

The austerity drive initiated by the Congress-led UPA government at the Centre has failed to have much of an influence on the party's government in Puducherry.

A query under RTI has revealed that Puducherry chief minister V. Vaithilingam and his five cabinet colleagues have spent more than Rs 36 lakh on tea, snacks and beverages while hosting visitors in their respective offices in the Assembly in the eight months between September 2008 and April 2009.

Welfare minister M. Kandasamy topped the list among the spenders. He spent Rs 10.48 lakh on tea, snacks, beverages and other food items. His visitors included officials and elected members.

The chief minister’ office was not far behind Kandasamy. It forked out Rs 9.86 lakh. The chief minister’s office ordered food items worth Rs 1.06 lakh from a local hotel on a single day in September 2008. This was not an one-off incident.

Home minister E. Valsaraj’s office bought sweets worth Rs 60,000 on December 5, 2008. All of them showed a marked preference for certain hotels and restaurants.

The RTI query was filed by P. Ragupathy, secretary of the Rajiv Gandhi Human Rights Awareness Organisation.Satisfied with the shocking findings of the RTI application, he told TSI:

“Even last year, I had filed an RTI petition to find out personal expenses of different welfare boards and corporation chairmen in Puducherry. Expenses of only 12 out of 20 were revealed which ranged between Rs 10 lakh and Rs 25 lakh. All these appointments are political ones and a court case about the matter is currently on.” The findings have shocked local activists, but not the chief minister. “The expenses incurred by the previous council of ministers stood at Rs 1.1 crore for a year. We reduced the expenses by half this year,” he said. A senior official said politicians were setting a wrong example by spending so much money on tea, and other things. Puducherry is witnessing a financial crunch and its government is lobbying for statehood. Perhaps, cabinets in other states of India will spend more than what has been spent in Puduchery. But what makes this amount shocking is the tiny size of the cabinet. But the politicians are not the only ones to blame, even officials are spending exorbitant amounts of money. Such is the bad publicity they have received after this revelation, may be ministers will stop serving tea to their guests, quiped a senior scribe.

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IIPM Editorial, 2009


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



Monday, November 30, 2009

IIPM Press - Dalpatram Audhavdas Nimawat

General secretary, 1857 Azad Hind Party

Dalpatram, 62, is the general secretary of 1857 Azad Hind Party. Sitting in his tarpaulin home, he asks for jobs, compensation and houses for the victims of Gujarat earthquake. His 20-year-old son Sanjay, a tea vendor, is the lone breadwinner in the family. Daughter Sheetal, 15, assists her father in his struggle and is his heir apparent. Trouble for the ex-office bearer of the Republican Party of India started when his house collapsed in the 2001 earthquake. He was denied his compensation by corrupt officials. The state snatched whatever meagre belongings he had. He was shooed away from Rajkot in 2003 where he was protesting under the statue of Baba Saheb Ambedkar. Jantar Mantar was the logical progression from there.

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IIPM Editorial, 2009


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



Thursday, November 26, 2009

Inside fortress Lanka

Tamil writer Aadhavan Theetchanya, who was recently in Sri Lanka for a literary meet, says the country is still to emerge from its paranoiac mould

My overwhelming feeling after returning from Sri Lanka is that what we know so far of the Sri Lankan Tamils’ agony is almost nothing when compared with the reality. On October 10 I was in the country to attend a literary function at Mathalai in the Central Province. Having been invited by my friends, I decided to forsake the hospitality of the Sri Lankans – which in any case is hard to accept – and let my friends take care of my expenses. This mountainous province has a high concentration of plantation Tamils of Indian origin, whose forbears the British had transported to Lanka for working in the tea gardens. The Sri Lankan Tamils and Indian-origin Tamils are separate units out there, and it is only the former who fought for a separate state and were traumatised by the war.

During my stay in the Central Province I got a chance to visit the plantation Tamils. I suggested to them that they should press for double citizenship – one from India as well. Of this section of Tamils 87 per cent are Dalits, and they all live crammed up in shabby settlements called Line houses. To these Tamils the defeat of the LTTE, to which they were sympathetic, and the killing of Prabhakaran came as a big blow. But few of them dare to speak openly about the war and the status of Tamils in the country. In fact about 20 per cent of the people who are holed up in squalid refugee camps are plantation Tamils. From south and central Lanka, they traveled north to work in the houses and on the lands of the northern Tamils. After the war ended they were among those who were herded inside the government-run camps.

After spending a week in the province I decided to see how Jaffna in the north was faring. It took me two days to get a ticket. Those who visit Jaffna for the first time are required to take only flights after seeking clearance from the defence ministry. The service is currently being run by the privately-owned Expo Air. An hour-long flight costs Rs 10,250.

It was a grim start. For, to catch the plane that leaves at 11.30 a.m., you must be at Expo Air at 6 a.m. At the air force control room we were told to deposit our cell phones and cameras; and by the time we reached Ragmalana Airport we had been thoroughly frisked. It was 9:30 a.m. There was a small canteen offering tea and buns at exorbitant prices: a single cup of tea cost Rs 30! It took us an hour to reach Palali airbase, which we found crawling with heavily armed military personnel. Indeed the place resembled a virtual fortress. Our documents were then searched and we were transported in a bus driven by army men. Once inside it, I saw that the windows were tinted to obscure the view outside. At another place our flight tickets were marked with a seal and we were warned that without such a sealed ticket one could not be allowed to leave Jaffna.

After some more minutes we un-boarded. A bus from Expo Air was waiting to take us to Jaffna, where almost every building along the bumpy road had been razed to the ground and the big houses abandoned. In Jaffna itself I found this once busy commercial and knowledge centre wearing a fear-stricken look. Wherever you turned or looked there was sure to be a soldier with a machine gun and at every 70 feet was a military outpost – a truly nightmarish experience. But because this town has been under army control since 1995 the people were used to it.

The second thing that caught my attention was the big cut-outs of Rajapakse. “I am your friend, your servant” – Rajapakse smiled in the numerous posters, some of which proclaimed: “There is no minority or majority; we are all a single race.” The words were naturally in Tamil. There were cut-outs of Sri Lankan soldiers too, and in some of them he was seen posing with soldiers. The government is still celebrating its victory over the LTTE – and this, mind you, in a Tamil citadel! One image in particular remains glued to my mind: a posse of soldiers in military fatigues whitewashing a Buddhist Vihara!
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IIPM Editorial, 2009


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

Wednesday, November 25, 2009

Sunderbans calling

Mangrove forest may become one of the seven wonders

The world’s largest estuarine mangrove forest area, the Sunderbans, may soon find itself in the list of seven wonders of nature. Chances of it getting into the top list are high as Bangladeshis are ready to vote in favour of the Sunderbans.

The Bangladesh government has already been informed by New Delhi about the vote. And the good news is that both countries have agreed to vote in favour of the Sundarbans. Chief minister of West Bengal Buddhadeb Bhattacharjee told reporters: “This is indeed good news for both the countries. It will be great that the people of both the countries will vote to put Sunderbans in the top tier.” Other contenders from India include the Ganges and the Kaziranga National Park. Mount Everest, K2, Chitwan National Park, Baikal Lake and the Dead Sea are the nominations from Asia. The nomination process is on with 261 entries received for the top 77 slots. The results will be announced in 2011. The New7Wonders Foundation said the campaign would surely renew people’s interest in nature.

Two years back, fans had voted for the iconic Taj Mahal for a position in the new seven wonders of the world. This time too people are hopeful that Sunderbans will clinch it. No body wants it more than Kolkata-based environmentalist Subhas Datta. “The ecology of the region has to be preserved and that will definitely bring in tourists from all over the world,” he said. He is right. But what about the damaged embankments in the Sunderbans that were destroyed by cyclone Aila? And why did the government take five months to acquire lands? There are many unanswered questions.

However, the state government is all set to acquire 5,963 acre for reconstruction of 834 km of embankment in the Sunderbans with Rs 100 crore of Central assistance. “The decision has been taken for restoration of the area,” said state FM Asim Dasgupta. But many doubt the government’s decision as it was announced after dates of by-polls to the 10 Assembly seats were out. The ruling Left Front was routed in the recent polls in districts where Aila wreaked havoc. Senior journalist Sankar Roy told TSI that acquisition of land in this case may be less cumbersome. But he added, “Is the announcement legal because it came just after by-poll dates were announced?” The readers will know the best answer.

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IIPM Editorial, 2009


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


Monday, November 09, 2009

Mujib’s killing triggered Bangladesh’s backward march

Sheikh Mujibur Rahman, the founder of Bangladesh, was killed by some disgruntled army officers on August 15, 1975, along with his family members, including nine-year-old son Sheikh Russel. His daughters, Sheikh Hasina and Sheikh Rehana, were the only survivors as they were abroad at that time.

The killers who confessed, Col (Retd) Rashid and Col (Retd) Faruk, along with some accomplices, were given capital sentences long after the murders. Most of them are now absconding while some are behind bars. The case is now in its final stage as the hearing goes on in the country’s apex court.

So, how was Bangladesh affected by the assassination of Mujib? Those involved in the plot or those who stood to benefit from this act will invariably say that the murder of Sheikh Mujib helped Bangladesh get rid of being subservient to Delhi and Moscow. It is true that Mujib and his party Awami League had and still has a pro-India image. India extended her hand of cooperation to Bangladesh’s struggle for independence. India gave shelter to 10 million refugees, trained the Bangladeshi liberation fighters, provided all sorts of supplies to them and finally, the Indian Army fought against the occupying Pakistani forces. So the good relations between Bangladesh and India during Mujib’s time was an obvious and logical conclusion of the nine months of bloody war.

Bangladesh was proud of having a modern, secular and democratic constitution just within a year of her independence. Democracy, socialism, secularism and Bengali nationalism were the four principles of that constitution and the state was getting a shape. Some may differ here, saying Mujib banned most newspapers except the four loyal to him and attempted to introduce a one-party democratic system in the country.

Mujib’s murder changed the character of the country. Then army chief Maj. Gen. Ziaur Rahman took office. The constitution was amended with social justice, full trust on Allah and Bangladeshi nationalism replacing socialism, secularism and Bengali nationalism respectively. Analysts say that the state mechanism started getting communalised from that period. But it could not influence people widely as it went against their heritage of over 1000 years.


Zia rehabilitated the anti-liberation forces and appointed Shah Aziz, one of them, as the Prime Minister in his cabinet. Mujib had initiated the trial of these collaborators of the Pakistani forces.

Another dictator, Gen. Ershad, took a leaf out of Zia’s book and declared Islam as the state religion of Bangladesh through the 8th amendment of the constitution. It helped the anti-liberation pro-Pakistan quarters gather strength to stake their claim to political power.

Mujib was hardly a socialist. He added the term ‘socialism’ to the constitution as at that time socialism was perceived to be the vehicle of equitable growth. It also brought Bangladesh closer to the Left block in the international arena.

August 15 brought a radical change in the country’s foreign policy. Dhaka did not turn her face away from friends in the Left block overnight but started pursuing a policy which leant towards the West. Within a decade of its independence, Pakistan lost its way to democracy. In 1958, Field Marshall Ayub Khan imposed military rule over the two-part country. And till 1971, Pakistan was ruled by the military junta and politicians who came from feudal backgrounds. The 1970 general elections brought Awami League a landslide victory mandating them to form government. Pakistani neo-colonialists did not agree to hand over power to Mujib or empower the Bengali people and instead ordered a military crackdown on 25 March, 1971. The war for liberation started.

Mujib's murder pushed politics back to where they were in undivided Pakistan. Military men and their subservient civil politicians came to the forefront. Both Gen. Zia and later Gen. Ershad formed political parties, namely BNP and Jatiya Party. It is beyond doubt that the August 15 incident steered Bangladesh in a totally different direction which the country might not have chosen if she had the option.
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IIPM Editorial, 2009


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



Thursday, November 05, 2009

Banana Bonanza

A NEW technology to delay ripening of bananas could turn India into a top exporter, reports Puja Awasthi

The banana, often shunned by dieters for its calorific value, has become a major player in global markets. In terms of volume it ranks first, though where value is concerned it is placed second after citrus fruits. According to statistics released by the Food and Agriculture Organisation (FAO), world exports of bananas in 2006 totalled 16.8 million tonnes ($ 68.1 million). Now consider this: While India accounts for nearly 22 per cent of the world’s banana output and stands number one, it figures nowhere in the list of top exporters. Ecuador, Costa Rica and the Philippines, says the FAO, produce 6, 2.08 and 7.48 per cent of the world’s fourth most widely cultivated food item respectively. But, even though exports from India are steadily rising, set against Ecuador which supplies 29 per cent of the world’s bananas and Guatemala which contributes 7 per cent, India’s share of 0.01 per cent is negligible. Also, on the list of banana exporters, India’s position is a miserable 41st.

But all that could change in two to three years, following the successful testing of a technology by the Lucknow-based National Botanical Research Institute (NBRI) that targets ethylene – a plant hormone-producing gene of the fruit. It is this hormone that causes its ripening, thus prolonging its shelf life. The extended time frame is because regulatory committees have to first grant permission for field testing of the product in at least six locations.

This tropical fruit has to be transported long distances for export (the major importers being EU at 39 per cent and the US at 26 per cent) and is harvested in bunches before it is fully mature. The fruit is transported at 13 degrees Celsius – which permits storage for three to four weeks. After that the bananas are stored at 17 degrees Celsius and treated with low concentrations of ethylene for ripening. The NBRI technology identifies the genes involved in ethylene production and fruit softening, and makes use of fruit-specific promoters to regulate the banana's ripening.

Dr Pravendra Nath, head of the institute’s plant gene expression lab who led the team of 10 which tested the technology, treads cautiously: “There have been no reported publications of this kind of technology, so we can safely assume we are the first to develop it. Normally, a technology needs to be tested for five generations before it can be called successful. But our tests over three generations have given us a high degree of certainty that this behaviour will not break down in future generations.”

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IIPM Editorial, 2009


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


Tuesday, November 03, 2009

Extremely irresponsible manner

"How can we keep quite over this humiliating episode? The Karnataka police have behaved in an extremely irresponsible manner. We will seek an unconditional apology from them for this unwise act,” JKCA secretary general, Muhammad Saleem Khan, told TSI.

He added: “I personally know the boys of our team; they are all professionals, it is impossible for them to indulge in any unlawful activity as they don’t have time to concentrate on such things. How can one accept the police claim as true? Our players underwent security frisking at four airports before reaching Bangalore. Why did no alarm go off anywhere else?”

Mr Khan is baffled at the national media hype that erupted over the incident. “If they had any information about our boys, the police should have handled the issue discreetly. It seems they were trying to defame Kashmiri cricketers by making an unnecessarily hue and cry,” he said.

He said Union Minister Dr. Farooq Abdullah, who is the patron of JKCS, was very quick to react over the detention of Kashmiri players in Bangalore. However Abdullah said that the Bangalore police alone could not be blamed as “they were fed with wrong information by some people from here.”

While asking the Director-General of J&K Police to investigate, Dr Abdullah said that he suspected the “hand of those who could not find a place in the team”.

The Bangalore episode has deeply irritated cricket lovers in Kashmir. As soon as word spread, violent protests and clashes erupted in several areas of Srinagar city. Groups of youth came on to the streets and staged demonstrations against the Bangalore police, demanding the safe return of the Valley players.

Both mainstream and separatist politicians, too, have voiced their annoyance. Chief Minister Omar Abdullah has alleged that Kashmiri cricketers were being made “scapegoats.”

"It is not that we are kepping silent on this. We have been on the job since the moment we received the news about the detention of the two boys. The episode has rubbed salt into the wounds of the people in the Valley,” Omar told the media in Srinagar.

The chief Muslim cleric of Kashmir and chairman of a faction of the Hurriyat Conference, Mirwaiz Umar Farooq, while terming the incident unfortunate said it is regrettable that Kashimi youth are being victimised outside the Valley. “If the dialogue process goes on we will raise this issue and will press New Delhi to stop such things,” Mirwaiz said.

People's Democratic Party (PDP) President Mehbooba Mufti told TSI: “It’s an emotional, psychological and physical alienation, and these things rub salt into our wounds. Our cricketers are our stars, if they are not safe in the rest of country, then who else is?”

The unfortunate Bangalore incident could have been avoided with a bit of tact. The ruckus may not have really been about politics alone, but what happened to the two budding Kashmiri cricketers at the Chinnaswamy Stadium certainly wasn’t cricket. It was probably symptomatic of a deep-rooted prejudice against boys from the Valley. It is quite clear that the challenges that Kashmir’s young cricketers face are not confined to the field of play alone. They go well beyond the sporting arena.

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IIPM Editorial, 2009


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



Saturday, October 31, 2009

Leading from the front

Amidst the deepening crisis China's economic strides point to its inherent strong foundation, and more so the Zarnowitz rule…

during the financial crisis of 1997-98 and the dotcom bust in 2001, pundits were quick to predict a lengthy recovery period on the floor for Asian countries. The stress and turbulence that began to develop in world financial markets in early 2007, and which finally collapsed, plunged the world economy into recession in the final quarter of 2008. That again provided the pundits a perfect platform to come up with the stereotype predictions. Unaware of the resilience of the Asian economies (led by China and India, which are indeed leading the way out of recession) they put forth the argument that export dependent economies could not revive unless customers in the rich world did. Nevertheless, the rebound that the world is witnessing today has largely been ‘Made in China.’

There were some like Shujie Yao, Professor of Economics, University of Nottingham’s School of Contemporary Chinese Studies, who had predicted, “China will emerge from the global recession stronger and more quickly than any other economy.” It is in this context that it is important to analyse how China coped with the recessionary phase and finally bounced back. According to Michael Mussa, senior fellow, Peterson Institute for International Economics, “The slowdown in China’s growth late last year probably owes more to the earlier tightening of Chinese policies and the wind-down from the Beijing Olympics than to global financial turmoil…” However, looking ahead to the fallout of the crisis, the response of the Chinese policy makers was indeed praiseworthy. The measures in terms of fiscal expansion as well as substantial easing of credit conditions helped the economy to bounce back. In the second quarter of the current fiscal, the annual rate of growth surged to 7.9% (the first ever acceleration ever since the financial stress deepened) as compared to 6.1% in the corresponding period last fiscal. Thanks to the government stimulus conditions are definitely improving; the 4 trillion Yuan ($ 585 billion) stimulus plan being implemented by the Chinese government comprises infrastructure spending, tax cuts and various other incentives to induce consumers to buy cars and electronic goods. Along with this the government tackled other industries efficiently to boost employment levels in the rural areas too. This spurt in consumerism and the investment momentum in turn will lead to a virtuous cycle of economic activity.

To make the stimulus plan all the more effective, the government on the other side also exerted pressure on the banking institutions to lend more. The results of the measure (albeit a forced one) has been clearly electrifying; in the last six months the fixed investment spending has increased to 34% ( the fastest rate of growth witnessed in the last five years) while over the same time period the annual rate of money supply has doubled to 28%. What is worth mentioning here is the fact that the Chinese banking and finance system does not have the risky financial instrument, the derivative and asset backed securities (the same innovative financial products which led to the crisis). Furthermore the strong belief of the citizens that their national banks are well capitalised reflected that the foundations of the corporate structure remained strong. In times, when the western economies were wilting, China successfully freed itself of its dependence on exports and developed a more efficient market based domestic economy (much to the surprise of the same pundits who vehemently argued that the export dependent economy could not revive unless the customers in the rich world did). What is evident is that it is the strong foundation, the government aid, economic stability that are the driving forces behind the Chinese success story.

The strength of the economic recovery is what is to be pondered upon. Nonetheless, considering that the economy has been able to heal internal factors, it can be indisputably argued that China has a more solid base to lean on.

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Source :
IIPM Editorial, 2009

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

Friday, October 30, 2009

The new-age Chinese invasion?

The chinese telecom equipment companies seem to be thriving in India but can we trust them to manage our communications Network? reports Surbhi Chawla

The attack on 26/11 had well illustrated the security lapses in the country and one had assumed that after an attack of this magnitude the Government of India would leave no stone unturned to avoid such mishaps in future. But it does not seem that way as numerous warning calls from Home Ministry in regards to security concern on using Chinese equipments in the telecommunications sector have fallen on deaf ears so far. In India there are currently more than 470 million wireless subscribers and as wireless communications are on an unsecured network, the security agencies have raised issues in regards to Chinese vendors like ZTE and Huawei supplying equipments to various telecom operators in the country.

According to Pankaj Kumar Jha, who looks after terrorism and security at IDSA, “Telecom is a very important sector as far as national security is concerned and lot of sensitivity is involved in regards to the same.” These days it is very easy to use the handsets for snooping purposes. There are numerous Chinese companies both branded and unbranded, which can be used for unlawful activities. To address the same DoT has directed that handsets don't have International Mobile Equipment Identity (IMEI) would be dead from December 1, 2009 and that should largely take care of this problem. But the bigger problem lies in the case of back end equipment or the infrastructure that is being deployed, as it quite simple to build in back doors in them and there is no prescribed system to scrutinise how secure they are.

The total market size of this telecom equipment industry in India for the year 2008-09 was estimated at Rs.33,261 crore (according to the Voice and Data reports), and the major players in this category are Ericsson (29.1% market share), Nokia Siemens Network (28.6%), Alcatel Lucent (15.7%), Huawei (14.7%), and ZTE (9%). However the American and European players in this segment in the last one year have not been able to grow more than 30% while their Chinese counterparts ZTE and Huawei grew by 100% and 249% respectively.

Interestingly, ZTE is one of the fastest growing telecom companies in the world that posted revenue of $10 billion in the last financial year, of which $1 billion came from its Indian operations. ZTE claims to have 85% market share in the CDMA equipment market with clients like Tata Indicom, Reliance Communications and greenfield operator Sistema Shyam (that operates under the MTS brand) in its kitty and it had also bagged GSM projects from Aircel, Idea Cellular, Tata Communications and Loop Telecom.
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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Wednesday, October 28, 2009

200-year-old grandparents or 200-year-old parents-to-be?

In the present times, grandparents play the role of helping their offspring and they will be more energetic and efficient at that. They wouldn’t be that tired and that old. Physically they would be younger, so they will be able to help more efficiently with the family and it should improve family life.

The interesting question arises when one lives to be 300-years-old without the body ageing – will women suffer from menopause at 55 or can they go on bleeding (sic!)? We don’t know the answer to that one. At the moment, there is a mechanism which stops women from bleeding when they are 55 and males produce less sperms when they are older and can’t become fathers. Now, whether those factors will change – I don’t know. It is possible if you make genetic changes that can actually extend the bleeding period, so that you can have children when you are 200-years-old. But I don’t know. That hasn’t been discussed as far as I know. All they are looking at is the way of stopping the increased inefficiency of cell replacement in very old people so that your body stays younger. Whether it stays younger reproductively – I don’t know.

Having old people who are more healthy and active can only help the family. Also, the older generations would have a stronger influence on the younger ones and the older values would be passed on more efficiently to the younger generations. But it does rather beg the question, whether these people are going to get to breed when they are 200...

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Source :
IIPM Editorial, 2009

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

Read these article :-
Delhi/ NCR B- Schools get better
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IIPM

Tuesday, October 27, 2009

Mamta and the Mayor

The lust for a mayoralty has cost the Congress more than it bargained for. An inside report by Chandrasekhar Bhattacharjee

What was to be a 60:40 seat sharing formula in the West Bengal by-elections has become 70:30 – with the Trinamool Congress (TMC) gaining at the expense of the Congress. Now out of the 10 assembly seats where by-elections are to be held on November 7, the TMC will contest seven seats and the Congress three. Earlier, TMC leaders had planned to leave all four north Bengal seats to the Congress, while keeping the six in the south for itself.

The dramatic turnaround came a little after the Congress, led by Deepa Dasmunshi (MP), sought the support of the CPI (M) to bag the mayoralty of the Siliguri Municipal Corporation. Dasmunshi, spouse of former Union minister Priya Ranjan Dasmunshi, has strong supporters in Siliguri’s Congress leader Shankar Malakar and PCC member Sankar Singh of Nadia.

Congress supporters, who had fought the civic polls under a seat-sharing alliance with the TMC, are in shock. In the Dalkhola Municipality too the trio had managed to divide the Congress and grab the chairman’s post with the open support of the CPI (M). As a result uncertainty looms large in the state’s opposition politics. TMC supremo Mamata Banerjee was so exercised by all this that she publicly ridiculed the Congress’s decision at a mammoth rally in Siliguri, even as she begged voters for forgiveness. Her party councillors too trooped in for the damage control exercise.

The PCC leadership is obviously dumbfounded, though it hasn’t publicly criticised the Siliguri Mayor. Instead it chose to call an urgent meeting of the PCC Secretariat where the rift came into the open. There Sankar Singh had heated exchanges with the party’s senior MP Adhir Chowdhury. Adhir later clarified his position at the press meet, clearly indicating that the PCC leadership disapproved of Dasmunshi’s stand.

Things had begun to sour for the Congress after the Election Commission announced by-poll dates for 10 assembly seats within a week. These 10 seats are Contai (South), Egra, Serampore, Alipur, Bongaon (all won by TMC), Goalpokhar, Sujapur (Congress), Rajgunj, Belgachhia (CPIM) and Kalchini (RSP). Of these Goalpokhar, Sujapur, Rajgunj, and Kalchini are in north Bengal, where the TMC has no significant base.

Expecting the TMC to retaliate by putting up candidates against Congress candidates, anxious second rank Congress leaders made the water murkier by proposing to contest some seats like Egra that the TMC had won in the last elections. Even state-level Congress leaders were unsure of TMC’s “mood”, with PCC working president Pradip Bhattacharjee saying his party had hoped to contest the seats where it finished second in 2006, apart from the two that it won.”

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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Monday, October 26, 2009

Hill stations - In the lap of the nature

Of the numerous places of tourist interest scattered across India, the beautiful hill stations stand out. The country has wonderful beaches, great architectural marvels and imposing monuments. But somehow, there is something different about the mountains .

India has seven major mountain ranges and each has its share of popular hill stations. Darjeeling and Shillong in the east, Shimla, Nainital and Mussoorie in the north, Ooty and Kodaikanal in the south and Mahabaleshwar and Lonavala in the west, to name a few, attract travellers and leisure-seekers virtually round the year. These corners in the mountains are surrounded by awesome natural beauty. They are dotted with streams, waterfalls, neo-Gothic churches, elegant bungalows and awe-inspiring vice-regal lodges.

These towns nestled in the mountain ranges of the land were set up by the British as summer retreats. In fact, they were crucial to the continuance of the Raj. Without these hill stations, which provided a refuge from the sweltering heat and dust of the plains, the British rulers would probably have left India much earlier than they actually did.

India has nearly 100 hill stations. They continue to serve the very purpose for which the British set them up in the first place. Many of these hill towns have cantonments, boarding schools and holiday resorts.

Unfortunately, many of the hill stations have turned into concrete jungles in recent years and are gasping for breath. Yet, tourists continue to flock to these hill stations. In response to the environmental degradation being caused, the Mussoorie town authorities have in fact begun to toy with the idea of imposing an eco tax on visitors. It is an idea whose time has come and it needs to be replicated in every major hill station.

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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Thursday, October 22, 2009

Ganesh chaturthi - A festival that brings mumbai to a halt

The Hindu community celebrates Ganesh Chaturthi, a ten-day festival, to remove obstacles to life and barriers to success. Lord Ganesha is invoked before one starts anything new in life or business. Praveen Jaganath Naik, Trustee, Siddhivinayak Temple, says, “We don’t remember our grandparents'names. But we can never forget the name of Ganesha." Ganesh Chaturthi has its origins at the beginning of Sanatana Dharma, usually known as Hinduism. However, the festival took its present form in 1893 when Lokmanya Tilak, the social reformer, initiated it. “Tilak recognised the wide appeal of Ganesh and popularised Ganesh Chaturthi as a national festival," says Naik. Tilak wanted the festival to facilitate community involvement in the form of intellectual discourse, poetry recitals, plays and concerts at a time when the British rulers prohibited political and social gatherings.

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Source :
IIPM Editorial, 2009

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

Read these article :-
Delhi/ NCR B- Schools get better
IIPM fights meltdown
IIPM

Wednesday, October 21, 2009

Fasting to death - Courting hunger for a cause

This is a peaceful form of agitation to achieve demands, be it social or political. It was first used as a political weapon during the freedom struggle. The first revolutionary who fasted to death was Jatindra Nath Das. In 1929, he was being tried in Lahore Jail, where demanding equal jail rights for Indian prisoners, he started his Fast Unto Death. He continued his struggle despite all odds and finally died after 63 days of fasting.

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Source :
IIPM Editorial, 2009

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

Read these article :-
Delhi/ NCR B- Schools get better
IIPM fights meltdown
IIPM

Monday, October 19, 2009

Joint Family - A Home that is big enough

If you feel you don’t get privacy in a joint family of maximum 4-5 members, and think staying with your in-laws suffocates you, then you must pay a visit to Dharward. In Lokapur, 30 kilometres from Dharwad, lives the ‘Narasinganavar Family’. This family, which traces its lineage back to the 16th century, consists of as many as 140 members. All of them stay in a single house. Speaking to TSI, Manju Narasinganavar, one of the family members, says “It is fun to be at home. It is like celebration every day”. Agriculture is the main source of income for this family and they together own about 300 acres of land. As they live far away, they have taken a house in Dharwad exclusively for their children’s education. Here they don’t feel suffocated, neither do they yearn for privacy. Though many of the in-laws stay here, as Manju says, “patience is the key to the success of our family ties”.
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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Wednesday, October 14, 2009

Sarees - The whole nine yards of magic

It would be hard to find another unstitched five and a half metres of garment with the evocative power of a sari. And it has been around forever. Distinguished by their fabric, weaves, prints and embellishments, the first definite mention of saris in the written form comes in the Mahabharata in the episode of Draupadi’s disrobing while the bust of a priest wearing a drape dated to the Indus Valley civilisation is the foremost pictorial depiction of the garment. The sari can be draped variously (Dravidian, Kodagu, Gond, Bengali to mention a few) but the most popular variant is the modern nivi which originated in Andhra Pradesh. Saris bear strong regional identification (Chanderis of Madhya Pradesh, Aranis of Tamil Nadu, the self explanatory Benarsi silk, the Balucharis of West Bengal and the Gadwals of Andhra Pradesh) and have even crossed over to foreign lands to inspire some truly weird designs (think Zandra Rhodes).

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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Tuesday, October 13, 2009

Bollywood - Take the label with a spoonful of salt

The label has stuck and for good at that. But I am not sure whether we as representatives of Indian cinema should be comfortable with the term Bollywood. Its roots lie in an event that goes back a couple of decades. Ram Lakhan was ready for release when a devastating earthquake struck a part of India. The government requested me to turn the premiere of the film into a fund-raising show. I readily agreed. The Mumbai premiere was a runaway success, so we decided to replicate it in other cities. The event took on the dimensions of a full-fledged road show with high doses of glitz and glamour thrown in. The stars would appear in full finery, in tuxedos and bow-ties. The ladies, too would be designer togs topped off with sparkling jewellery and striking accessories.

BBC found the phenomenon really interesting. They sent down a team to cover the fund-raising shows. Back in London, the reporter waxed eloquent on how Indian movie stars were aping their Hollywood counterparts. In her reports, this lady reporter noted the sartorial flamboyance of our stars and compared it with that of Hollywood's rich and famous. She called the Mumbai industry "Bollywood" for the first time. There was a pejorative ring to the comparison between Hollywood and Bollywood. We protested for a while. I did on several occasions, so did Amitabh Bachchan. But gradually the term was accepted, albeit somewhat grudgingly. Now we are stuck with it whether we like it or not. Today, it is a fact that Bollywood is a brand name. If we can cash in on it and enhance the global saleability of our films, why should we continue to cry ourselves hoarse about the inappropriateness of the label?

But if anybody were to ask me whether Bollywood is really the global phenomenon that it is made out to be, I would only say that it is as true or false as people calling me a showman. If you accept the appellation, you are only falling into a delusional trap. But if you don't accept it, you would be stupid. The idea is to make use of the hype to create space for your cinema. So when the press began to call me a Bollywood showman after a string of superhits, I went along with them. It gave me a certain profile and enabled me to do all the things that managed to do as a film producer and director. The Bollywood song and dance formula does have an appeal especially among the expatriate crowd in the West. But there is need for a bit of realism here. We shouldn't get carried away by little triumphs. That would hamper our progress.

The hoopla over Bollywood's global conquests should be seen in the right perspective. It is a bit like a man from a village going to the city and doing something of note. The entire village basks in the reflected glory.

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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Monday, October 12, 2009

Pushkar - Desert delight

I’m doing aerial photography by using a kite to lift my camera. I've been to Pushkar Fair thrice. From the very first moment spent there, I had the dream to capture these amazing camel scenes from above. But I had to wait for the last two days of my last trip to achieve that goal. It was always too hot, too dusty, without any wind. But the thrill was always there. Hanging around these beasts, from the first ray of the sun till the last, expecting some breeze to lift my kite. Finally that magic moment came, and my flying camera could become an unusual and privileged witness. A few feet above the heads, as silent as a butterfly.

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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative