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

Thursday, June 06, 2013

Lessons not learnt

A 2010 high-level army assessment had predicted Chinese designs on Daulet Beg Oldi but India’s civilian rulers could not care less. Mayank Singh has the details.

The country may have woken up to the surprising and unexpected news of China entering and tenting in Depsang area, 30 kilometers south of Daulet Beg Oldi, in the Ladakh district of Jammu and Kashmir. But not the Indian Army.

According to a high-level Indian Army report submitted in 2010, this latest transgression by the Chinese army was pretty much on the cards. The report which was prepared under the command of a Lieutenant General was, “intended to be a guidance document for commanders and staff in evolving, reviewing and refining of operational plans with full knowledge and appreciation of the overall strategic context under which Sino-Indian military confrontation may occur and with deep insight into PLA’s military doctrinal content, its military capability, availability and types of forces for application in each sector and forms in which the threat may manifest.”

The high-level report had noted - quite correctly as it turned out on April 15 - that the Chinese strategy is not to grab territory but to send a message and to make political gains. It had predicted that China will avoid the Chusul sector but will try grabbing territory on the Daulet Beg Oldi side

The report speaks of the rise of both India and China but warns against lowering our guards. “While seeking and expecting a benign Sino-Indian cooperative and collaborative Asian geopolitical order, it would be imprudent to ignore China’s politico-military capabilities, its Asian and global ambitions and its track record, mindset and strategic culture. There is no alternative other than to intimately monitor PLA’s military capabilities and striving to institute appropriate deterrent military responses, operational concepts, operational  plans and force postures.’’

The report says that China has a proven record of single-minded pursuit of long term goals and objectives which will lead to an environment of conflict of interests with India. Like in the late 1950s and early 1960s before it culminated in a full-fledged border war, the tactics as far as the Chinese is concerned are tried and tested. Whether by accident or design, Chinese troops are more than ever before, crossing into Indian territory. The Chinese deny the charges and whenever solid evidence is presented, they attribute it to “The inexperience of the post commanders.’’

The military establishment is letting it be known that the latest tactical transgression is aimed at showing to the world that India – which has the third largest standing army in the world – can capitulate because of its own lack of foresight and proper appreciation of security situation in a strategic and sensitive arena.

But the critical question is this: if we continue to ignore threat perceptions issued by the army under the guise of misplaced liberalism, then what happens to the intelligence which is being laid out on a platter? The Chinese are not known for making halfhearted efforts and their focused work in Tibet has significantly added to the threat perception and war waging capabilities against India. In Tibet, China has added 20,000 km of railway tracks over the last two decades, compared to a measly 860 km by India in the same period. Here again, it is question of overlooking sensitive developments. While the Border Roads Organisation (BRO) continues to bicker over its inability to carry loads at high altitude because they do not have helicopters, a decision on it has been conveniently kept on the back burner.

Ever alert to the Chinese threat, the high committee report has systematically collated and presented relevant facts and assessments on aspects which would govern China’s geopolitical and military behaviour in the immediate foreseeable future, especially with regards to India. According to the army, the report is an appreciation of the ground situation and an attempt to put things in perspective – the developments in Ladakh have proved to be uncannily precise.

The report says that in the backdrop of key tenets of PLA’s military doctrine of Active Defence, War Zone Campaign (WZC) and recently-evolved Unrestricted Warfare - keeping in view its sectoral military aims - describes and analyses three plausible operation level scenarios which may emerge in a timeline of 2012-17. The scenarios are analysed for costs-risks-gains to China as well their military and geopolitical impact.

Critical to the Chinese plans is their War Zone Campaign (WZC) Doctrine. According to the report, the Peoples’ Liberation Army (PLA) has formulated military doctrine for fighting war at the operational level which it refers to a war zone. The strategic doctrine dictates that military campaign in a war zone is a series of related battles fought under a unified command to seek political capitulation of the adversary.

The report says that it involves a phased rapid yet calibrated rising of conflict threshold and force application while offering an opportunity to the adversary to capitulate and seek negotiations prior to transcending to next phase in the escalatory ladder. Military destruction and annihilation is only a means; political capitulation of the adversary remains the main objective.

The success of this doctrine is based upon preliminary lulling of the adversary into state of complacency while the PLA upgrades its readiness levels. This preliminary phase, to be executed during peace time and over prolonged periods is referred as “External Calm & Internal Intensity (ECII)”. Once PLA’s desired readiness levels are achieved and geopolitical situation is considered appropriate, the actual military campaign under a unified HQ (WZC HQ) would commence under the WZC Doctrine under three phases.

Phase 1 includes actions by ‘Elite Forces and Sharp Arms (EFSA)’ or Jingbing Liqi. In this phase, special operation forces (SOF) are deployed to gain first hand information of the battle, disrupt the enemy’s build up and make a political statement asking the adversary to back off. The aim is political victory, not territorial gain. If the adversary backs off, the WZC is considered successful.

In Phase 2, if the adversary does not capitulate through EFSA measures, the next phase is to ‘Gain Initiative by Striking First' (GISF) or Xianji Zhidi. The purpose is to prosecute ‘deep non-contact battle’ through long range precision strikes at adversary’s strategic locations and major military infrastructures. These are to be conducted in synergy with intense cyber war and other elements of asymmetric threats. The main objective is to cause decision paralysis and convince the enemy of the inevitability of military annihilation unless they capitulate and seek negotiations. This is often referred to as `winning victory with one strike.’


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

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Prof. Arindam Chaudhuri’s Session at IMA Indore
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BBA Management Education

Monday, January 14, 2013

Lighting up the twilight years

Senior citizens are increasingly enjoying sex into their 80s…

They say time is a great healer, the same holds true for sex, used by many sexual healing therapists; but what happens when these two healing powers come together? The reference here is to old-age sex! It has been observed that senior citizens of today are not shying away from some between-the-sheets action. And this has been confirmed by a study conducted by the University of Chicago that finds a mention in The Journal of Sexual Medicine.

The survey conducted between 2005-2006 involved face-to-face interviews with 1,550 women and 1,455 men in the comfort of their homes. The results were encouraging, if not impressive, with 68 per cent men agreeing to having had sex in the past year with women following not too far behind at 42 per cent.

While these are the trends in the sexually-liberated west, what about countries like ours where sex is spoken of albeit in hushed tones? “Indians have been active since time immemorial, in fact, sex is the only “indoor sport” for majority of (old) people that they can enjoy and afford,” says India’s leading Sexologist, Prakash Kothari. In fact, he is quick to add, “In India, more than 50 per cent of the 65+ population would be enjoying sex at that age. In fact, most senior citizens are more active than the youngsters”.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Saturday, January 05, 2013

IRAN: ELECTION

Iran’s done well as a democracy

So much so that French President Nicholas Sarkozy branded the election result as a fraud and attributed the subsequent unrest as the result of Ahmedinejad’s failures in his first term. There were also many discreet protests against Obama’s as well as Sarkozy’s victory but these were never brought into limelight by the western media. Such petty gestures only show the Western world in a poor light, and elevate Ahmedinejad further in the eyes of the Iranian people.

In fact, Iran has proved to be a fine example of a democracy in this election. Going by voter turn out rate, Iran fared better than many successful democracies. Iran had voter turnout of 85%, slightly better than France, which had 84% in its 2007 presidential election and the US, which had a mere 61% voter turnout in 2008 presidential election. Rather than wasting their time in wishing Ahmedinejad away, the western world would do better to accept the reality and look to improve their relations with Iran. 


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Saturday, December 08, 2012

NEDFULNESS: SYMBOL CHANGE

Example of a responsible ministry

And the cost of replacing YTL by TL stood at YTL 1.14 million. In addition, the country is also incurring a cost of YKr 11 to 12 for changing from YTL to TL for each bank note. Iran has also planned to change its currency, Rial. The value of Rial has gone down so much that it has become negligible. 500 Rials is worth mere 5 cents while 50,000 Rials is worth $5.30. Iran wants to change its currency to revalue its Rial.

Considering all these, it seems extremely important to estimate the cost involved with India’s symbolic plan of changing the symbol. Moreover, there seems no regulation that will make sure that the new symbol will not hurt someone’s cultural or religious sentiments which are for some odd reasons too volatile in the subcontinent. There are no any specific guidelines from the government on whether the old notes and coins will remain in circulation with the new ones.In this time of downturn, the decision on a new coin symbol is highly debatable. This may not only dilute the brand equity of rupee but will encompass needless expenditures at a time when government coffers are already drying up.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri

For More IIPM Info, Visit below mentioned IIPM articles.

Friday, July 27, 2012

INDIA’S 100 MOST PROFITABLE COMPANIES WHO IS THE NEW NO.1?

As India Intensifies its Struggle against Corruption in The Political Sphere, Virat Bahri wonders why The Debate on Transparency can’t be Extended to India inc. as well, and how B&E Power 100 Companies can play a key role

India’s own corporate governance legislation in the form of Clause 49 was developed in 1999 itself, as per the proposals of the Kumarmangalam Birla Committee under SEBI. A lot of the requirements were quite similar to SOX, which came later, and Clause 49 has been hailed even beyond Indian borders. Around 84% of the companies surveyed in a Grant Thornton-FICCI study have admitted that investor perception has improved for companies implementing greater transparency into their systems as per the ruling. But implementation of laws is where statistics really get damning. Another KPMG survey had 71% of respondents saying that penalty levels to discipline poor and unethical governance are low, 53% believe that even the new proposed Companies Bill will have insignificant impact and 35% cite weak regulatory oversight in India as the culprit. On that point, the cover story of our sister publication Banking Finance & Markets for May 2011 revealed some shocking findings. Out of the 8,47,615 companies registered with the Registrar of Companies (RoC) as on March 2010, only 53.8% filed their returns last year. These companies find it perfectly acceptable to do so, since they can easily escape prosecution with a petty fee (or a pettier bribe). Prosecution is hardly visible for 20 companies blacklisted by the SEBI between 2006 and 2010. Moreover, some 50000 cases of corporate fraud are pending in Indian courts and conviction rate is just 5%. In US, 1236 convictions were secured post Enron in just five years. Larger companies could be even harder to prosecute because of the power they wield. South Korea witnessed this some time back when Chung Mong-Koo, Chairman, Hyundai Motors got away with Presidential pardon for a fraud conviction due to his immense worth for South Korea. Hyundai posted a sales turnover of KRW 36.77 trillion in 2010, a significant 3.13% of South Korean GDP at current prices of around KRW1,172.8 trillion for that year (The Bank of Korea).

Moreover, India still has a long way to go in terms of investor protection. Shareholder voting procedures are notoriously inefficient (they still often do a show of hands in India rather than actual counting!) and fail to fulfil their purpose of active, informed and widespread shareholder involvement even on issues like approving large transactions. This becomes even harder as most listed companies are promoter/family owned in India. That is why even warrants are normally issued to controlling shareholders. Satyam attempted a major investment of around $1.6 billion in Maytas, which was blocked by shareholders, and that started the entire scrutiny into its accounts. A white paper by the Asian Corporate Governance Association (ACGA), Hong Kong, points out that the overt reliance on mechanisms like “independent directors (appointed by controlling shareholders), independent board committees and greater corporate disclosure as the primary mechanisms to check abuses of power by promoters and to safeguard the interests of minority shareholders is likely to prove weak and insufficient (as in the Satyam case)”. The report, besides highlighting issues like provision of timely, standardised and quality information to shareholders including financial reports, publishing results of voting, et al (a number of B&E Power 100 companies have scope for improvement on these fronts); also cites serious flaws in the auditing profession in India. The greatest anomaly is that the Institute of Chartered Accountants of India acts as a self regulator, whereas there are independent regulatory bodies in other countries.

This year, the B&E Power 100 list is led by Reliance Industries, which wrested the top spot from ONGC this year. But it’s quite a coincidence that RIL faces issues of transparency at the moment, with respect to the CAG accusing the government of wrongly allowing the company to hike its capital expenditure in the D-6 basin. Interestingly, three more Power 100 companies – Wipro, SBI and Sesa Goa face scrutiny over their accounting practices. RBI found some irregularities in loans extended by SBI to telecom companies. Wipro has been asked by the US SEC to prove that its auditor KPMG is indeed independent as per continuing investigation of the embezzlement case. Sesa Goa has come under investigation for alleged over-invoicing of its imports. Even Infosys faces a lawsuit in Alabama, since whistleblower and former employee Jack Palmer has accused the company of sending Indian workers to US on B-1 visas when H-1Bs faced restrictions.

One cannot deny that a number of the B&E Power 100 companies have taken valuable steps towards developing corporate governance standards, and it would be unfair to apply the ‘guilty till proven innocent’ yardstick for every case that comes up. But it is critically important that they maintain them, push the envelope towards best practices and even lead the way. Corporate governance isn’t expected to get much better in India without strict convictions, but these companies can definitely lead by example and become the benchmarks for India Inc. in that sense. If these ‘Power’ players disappoint their stakeholders even one bit, it can send years of enterprise down the drain, and hamper India’s growth trajectories for years to come ahead.



Wednesday, July 25, 2012

Policy -GOVERNANCE: PUBLIC IMAGE

Over two years have Passed since a Series of Leaked E-Mails Triggered Doubts over The Extent of Global Warming being Projected by The IPCC, with its Chief, Rajendra Pachauri, having made to beat a Hasty retreat on its stand over Reports on Melting glaciers. But Pachauri, Disappointingly, still enjoys The Support of Various Government Functionaries

The shame that Pachauri has brought on to himself, the country and the cause being heralded by several genuine environmentalists, is also not new to the government. Union Environment minister Jairam Ramesh had termed such forecasts as alarmist and without scientific basis. Stressing on enhancing scientific capability, Jairam Ramesh said that the most important lesson that India must learn from the whole episode is that there is no substitute for domestic scientific capability.

And more critical is the controversy surrounding TERI University functioning and Pachauri’s dubious role within it. The UGC (Institutions Deemed-to-be Universities) Regulations 2010, notified on May 21, 2010, clarified that the chancellor of any deemed university will have to be either a respected educationalist or an esteemed public figure “other than the head of the sponsoring society or his/her relative”. Additionally, the chancellor should not be a member of the society/trust promoting the institution. R. K. Pachauri apparently has no qualms over going against all these rules in TERI University, which is a deemed to be university.

It is very well known that R. K. Pachauri is the Director General of TERI, the parent body of TERI University, which is a deemed to be university. At the same time, he flagrantly holds the post of Chancellor and Chairman of TERI University, clearly contravening the UGC 2010 Regulations. Will the UGC act to immediately cut this blatant contravening? Not till he continues basking in the support of various government functionaries. While individual motives and an absence of the desired integrity quotient have been a well-known factor behind diminishing the credibility of larger progressive human interests, the support that the Prime Minister and other government functionaries continue to display for Pachauri is nothing short of tragedy in itself.

What is more worrisome is that this is not the first time that the media has raised these concerns. After having announced his total support for Pachauri and the cause he was pursuing, Dr. Singh still shares the dais with Pachauri at international events on more occasions than one. Why is it that the Prime Minister of India, hailed by many as an epitome of honesty and integrity, agrees to stand next to a person like Pachauri? At the recent inauguration of the Delhi Sustainable Development Summit, 2011 in New Delhi, Pachauri, in the presence of the Indian PM and foreign and Indian dignitaries said, “It is time for us to ask ourselves whether we have done enough to keep the promises made in these global events.” A good time for some introspection, perhaps, Mr Pachauri?


Friday, July 20, 2012

B. K. Sinha, IAS, Secretary, Ministry of Rural Development

B&E: What have been NREGA’s key achievements apart from providing 100-day livelihoods?
BKS:
NREGA is the only programme which is recognised across the length and breadth of the country. If you think in terms of national economy, we find that it permits work on the categories of SC/STs, land reforms beneficiaries, small farmers et al, a combination of which comprises of 90-95% of the farming population operating in about 60-65% of the land area. The result is that we have enormous lands at our disposal for NREGA works and once the development has taken place; there is no need for NREGA. Also, the rise of jobs under the programme has arrested the migration from rural households.

B&E: What is the level of impact that NREGA has had on the wage market in our rural areas?
BKS:
Agricultural wages had been static till before the rise of NREGA. There is an acknowledged effect of NREGA on agricultural wages, which is why the farmers are so against it. The labour class is beholden to the farmer or the rural elite structure for two reasons. One is for employment and the other for money to be borrowed in times of need. Sitting here, we may not realise the importance of Rs.10,000 that the labour is getting through this programme but nevertheless, it is important to recognise its significance in diminishing the stronghold, which the rural elite class has had over development in the past.

B&E: There has been a lot of negative talk over issues related to implementation and monitoring schemes of the programme. What is your take?
BKS:
I admit that there have been glitches but we know what is to be done and we are unfolding. Much depends on the robustness of the institutions involved in the implementation of the projects and upon the quality of thought of the state governments. The most critical thing in NREGA is how decisions are taken. The Act has very comprehensive guidelines and is democratic in nature but it is not implemented in a democratic manner. No central government can adequately monitor a programme of this magnitude. The panchayats do not have the requisite machinery, state governments have their own way of looking at things and we have to make provisions for these diversities. It will see tremendous success if we are able to upgrade 65% of our land.

B&E: In cases of corruption or mismanagement of work or funds, why don’t you direct the officers involved to stop funding for work?
BKS:
The formulation of the Act is such that most powers rest with the state governments where planning is not right. If we find anomalies in a certain area and decide to stop funding or work, it will violate the right to 100 days of employment of every household. If there is some official involved in corruption, taking action against him is as important as ensuring that the democratic right to livelihood of the people does not get affected. In many places, the Act is bureaucratically controlled, making petty bureaucrats very powerful, since they have the power to stop work and funding. When you have such power, you have to take decisions very judiciously.

Read more......

Source : IIPM Editorial, 2012.

An Initiative of IIPMMalay Chaudhuri 
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles. 

IIPM Best B School India
Management Guru Arindam Chaudhuri

Rajita Chaudhuri-The New Age Woman

IIPM's Management Consulting Arm-Planman Consulting

Monday, May 03, 2010

The bankrupt Punjab State Electricity Board is bifurcated

PSEB had a staggering debt of Rs. 16000 crore with fiscal deficit at Rs. 9000 crore. The market value of the total assets of PSEB is about Rs. 30,000 crore. The new companies would start from zero balance and would not inherit the legacy of the financial mess.

The engineers' associations have finally welcomed the move as the government has allayed the apprehensions of the stakeholders like the employees and the farmers. The government has convinced them that it was mainly the management system which had undergone a change and these sections would not be affected in any manner. The service conditions of the employees would remain the same. The farmers would continue to enjoy the facility of free power for the farm sector. Dalit households would also get the same facility of free power as earlier. The government took pains to make the situation transparent saying it was not privatisation but only corporatisation.

However, Dr. Joginder Dayal, member of the CPI national executive would not share this perception of the state government saying, “It is just the first step towards privatisation. Moreover, the states where the power boards have already been dissolved have not benefited in any manner and the consumers have to cough up more than before”. West Bengal has already implemented the Electricity Act, 2003 where the CPI is a partner in the government. Of course, power tariff is much higher in neighbouring Haryana where the power board was trifurcated much earlier. However, there are some states in India where unbundling of the power supply board has been a spectacular success.

As per the policy announced by the state government, the chiefs of the two companies, along with the directors, would be appointed through an open process. The criteria for the selection are being given final touches. The Chief Secretary heads the committee for this purpose. Of course, the final decision would be taken by the political leadership. Powercom would have a total of eight directors, one each for generation, distribution, commercial, finance, human resources development and general administration, besides two nominees from the state government. The other company, Transco, would have four directors.

IAS officer Anurag Aggarwal, who heads the two power companies as part of an interim arrangement, says: “The new teams would comprise professionals and experts from the technical cadre. The teams would have the required capability and clear mandate to take the performance of the power sector to the higher level of efficiency."

Punjab was the first state to achieve total rural electrification. However, of late, the quality of power has been very poor. Though the farm sector is being provided free power for more than a decade, the supply has been erratic. Even urban areas are subjected to long power cuts and the situation is worse during the peak load demand as generation has been stagnant for about a decade. Now it is to be seen as to how much functional autonomy the two new companies enjoy. The state government would have to ensure timely payment of subsidy on account of free power supply to different sections of society for the success of power reforms, apart from taking other required measures. Mere restructuring in itself is unlikely to achieve the pupose.

The industry has welcomed this initiative of the Badal government. Regional chairman of Engineering Export Promotion Council SC Ralhan says: “The move would definitely be a great benefit to the industry. However, the situation would become clear in the coming months. Of course, it has opened up the power sector in the state as mandated by the Electricity Act. It is the work culture which also needs to be changed by introducing better accountability at every level.”

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Monday, April 19, 2010

The Indian journey of Maruti Udyog Limited

The Indian journey of Maruti Udyog Limited started with the first unit of the Maruti 800 being delivered by the then Indian Prime Minister Indira Gandhi; and since then, there’s been no looking back for this automaker in the country. Apart from the changes in the shareholding patterns, which transformed a public sector unit into a subsidiary of the Indian automaker (Maruti Udyog Limited to Maruti Suzuki India), the company has even transformed its small-car maker image over the years gone by and will soon be stepping into the Honda and Toyota’s playfield with the launch of Kizashi well slated to take place by the end of the calendar year. “Maruti not only provided India with efficient wheels but also brought a work culture not only in the automobile industry but also the Industry as general. They brought in a culture in the industry where not only the workers and other staff was treated as equal but the big bosses and owners were also made to mix with the staff and workers,” exclaims auto expert Tutu Dhawan. The company attributes the credit of its one-million unit sales tag to the aggressive growth that the industry is enjoying and increasing exports. Now with one million in reach, the company is gearing up to march for the next one million. Notably, Business & Economy did a cover story last year on ‘Who Will reach the Two million mark first?’ in the Auto Special issue dated 29/10/2009 wherein Maruti Suzuki was obviously the front runner in the unit sales war in the Indian automotive market followed by players like Tata Motors (taking cue from Nano) and Hyundai Motors India (with mind-boggling export figures). But the way forward isn’t that smooth for the company as the competitors are increasingly eyeing its bread-and-butter hatchback segment to enhance their own prospects in the Indian market.

Be it Honda, Toyota, Volkswagen, Ford or General Motors, the automakers have decided to jump into Maruti’s playfield with the launch of their respective small cars. With Chevrolet Spark and Beat already running on the roads, accompanied by Volkswagen Polo and Ford Figo, other automakers are also scaling up their pace to transform their small car dreams into reality.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Friday, March 26, 2010

Bouquet for Jangipur

Pranab Mukherjee could not be much active in his Lok Sabha constituency of Jangipur while he was the foreign minister. But, despite handling the Union finance portfolio, he is more active than ever before. He tours his constituency pretty often and takes initiative for developing his constituency.

During his last tenure, he was more active in the Suti Assembly constituency. He was the man behind bringing a branch of the Aligarh University at Suti under Jangipur Lok Sabha constituency. Apart from that, he brought crores of rupees from the Centre for road projects under Border Area Development project. Rs 20 crore was sanctioned to built a 21 km metal road between Nazirpur and Paraipur and another Rs 28 crore was sanctioned for the Bahutali-Kanupur metal road. Both of these fall under the Suti Assembly seat. But, the last panchayat election witnessed a massive victory for CPM in Suti. The Leftists snatched several gram panchayat (village level) and panchayat samiti (block level) seats and the only zilla parishad seat from the Congress.

Since then he is been active mostly in three constituencies — Raghunathgunj, Jangipur and Sagardighi. He sanctioned Rs 48 crore for clean drinking water projects at Jangipur and Raghunathgunj.

Another Rs 13 crore has been sanctioned for a new railway bridge at Jangipur. His endeavour brought the Ganga-Bhagirathi Padma erosion issue under the National Disaster Management projects, for which the Centre will sanction huge budgetary allocations. He has also sanctioned a scheme for setting up a college at Sagardighi.

“Although Mukherjee has spent generously from his MPLAD funds for all the seven constituencies, one can find more of his generosity in Raghunathgunj for which he has been spending Rs 28 lakh per year,” a highly placed source in the district headquarter informed.

The grapevine has it that Mukherjee may test his fortune from any of the seven constituencies. But Sagardighi has been announced as a reserved seat for the Scheduled Caste and Suti has betrayed his generosity. Considering other segments, it seems Jangipur and Raghunathgunj can be more of his choice. Mukherjee’s son Supriya has been frequenting these segments for the last few months. There was a rumour that Supriya can try his luck but equations in the state politics might inspire ‘Pranab da’ to try his own luck. As local MP, Mukherjee has rented a house at Raghunathgunj. He has renewed the lease for the next five years after the General Election. It seems right now that Raghunathgunj will be his final choice.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-



Outlook Magazine money editor quits
Don't trust the Indian Media!

Thursday, March 25, 2010

Absence of effective enforcement of fire safety norms

Astonishingly, BBMP, on its part, has no mechanism to check the efficacy of fire safety measures in the city’s high-rises. When TSI visited BBMP, the officials were busy with the municipal elections scheduled for the month-end.

BBMP additional director (town planning) Turukanagowdru says: “More than 800 highrise buildings in the Bangalore City limits have obtained 100 per cent fire safety clearance." But he is not sure if all highrise buildings in the city have obtained fire safety clearance. It is just as shocking that BBMP has no system in place to keep track of alterations made in the buildings.

Builders have money power and political links and, therefore, get away with flouting the rules. Almost a decade back, after the fire in Capitol Hotel on Raj Bhavan Road, the directorate of Fire and Emergency Services had listed the most dangerous high-rise buildings of Bangalore. The irony is that numerous highrise buildings on M.G. Road and Brigade Road, including a government-owned public utility building, are up and running without being in possession of fire safety clearances. Almost all these buildings were operational at the time of the Capitol Hotel fire. Now all of them have official NOCs from the fire department. But no one knows whether these buildings are 100 per cent safe or not. Most of these buildings belong to the powerful politicians or real estate bigwigs.

“I have reasons to suspect that many buildings are potential death traps. But our department doesn’t have any power. They get the clearance from BBMP or somewhere else bypassing our department,” laments Chengappa. After every major fire tragedy, officials of the fire services have submitted a report about the violations of safety norms, but there has never been any follow-up action from the government. No steps are ever taken to bring the building owners to book.

Even as the scenario has gone from bad to worse, the Bangalore Development Authority (BDA) has gone and increased the building height limit for safety regulations from 15 meters to 24 meters without consulting the fire and emergency services department.

The NBC bye-law regards buildings above 15 meters as high-rises. This is done on the basis of the height of manually operated extension ladders on fire tenders, which is 35 feet. But according to BDA's new plan, even eight-storey buildings need not have fire safety measures! The fire department has opposed the BDA plan and sent a clarification letter to the BDA Commissioner, saying the plan is not appropriate. But it hasn't received any reply from BDA yet.

Recently, after the Carlton tragedy, the city police commissioner observed that there are a number of buildings that have violated fire safety norms in the absence of effective checking system. He has issued a circular to all building owners/lease holders/occupants of buildings that are four storey or higher to voluntarily check their fire safety measures themselves and submit a report to the police inspector concerned. This step also invited criticisms from the experts. "The concern of the police commissioner is to be appreciated. But police personnel are not fire safety experts. The power of such inspections should be given to the fire services personnel," says chief fire officer N. V. Erappa.

On its part, the fire department is faced with an acute lack of equipment and personnel. Currently the total staff strength is 624 where as about 100 posts are lying vacant. According to the standing fire advisory committee recommendations, the strength should be 800 for Bangalore's population of 80 lakh. According to the fire services statistics during the last 3 years, more than 50 people have lost their lives and property worth more than Rs 1000 crore has been gutted in Bangalore city alone. But nothing seems to be able to stir the authorities into action.

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Source :
IIPM Editorial, 2009


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

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Thursday, March 18, 2010

Dead-end negotiations?

The government’s tall claims on peace parleys with the ULFA is a purely one-sided affair

Abhijit Sharma

President of Asom Public Works, a Guwahati-based NGO


Let us face it, all their claims of sovereignty and a war that is being waged for the benefit of the Assamese people notwithstanding, the bottomline is simply this: that the United Liberation Front of Asom (ULFA) comprises a bunch of criminals who the government is now more than willing to hold negotiations with.

And now, let us take a look at the finer points of these so-called talks that the government wishes to have with representatives of the ULFA. I would like to start out with one basic question: Why is the ULFA leadership not responding even as the government keeps harping on the possibility of talks with them? And then again, Pradip Gogoi, the vice-president of the outfit, applied for bail and was let out conditionally last week. This brings up one basic question: Why did this not happen when the ULFA had set up the People’s Consultative Group (PCG) to take forward the process of talks with the government. Doesn’t this say something about the sincerity on the part of both the ULFA and the government in terms of coming to the negotiating table?

The problem and the situation are multi-layered. For example, we have people like Mrinal Hazarika and Jiten Dutta, leaders of the dreaded 28th battalion of the ULFA, coming overground in 2008, declaring a ceasefire to facilitate negotiations with the government. Two years have passed and there is no sign yet of any progress in this regard. All we know is how these surrendered ULFA leaders, along with their followers, are setting up crime syndicates and holding elaborate public functions spending crores of rupees. And to top it all, we have occasional statements from them saying that the ULFA is still recruiting youngsters. So what are people like Hazarika and Dutta doing? Weren’t they supposed to at least make people see the futility of joining the militant group? Aren’t they supposed to at least make an effort in this direction? The way I see it, once they make their money, which they definitely already have, they will join a mainstream political party. And who knows, they might even become our rulers some day.
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Source :
IIPM Editorial, 2009


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

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Wednesday, March 03, 2010

Might no longer be a pushover for the West

Turks themselves were seldom excited about their country’s liaison with Israel. The military was, unfortunately for Turks, the final word on the nation’s foreign policy in the last few decades. Now, in a progressively more democratic Turkey, there are more than one power centre and the dynamics of the game has changed. It is also merely an illusion that the army will remain consistently pro-American. Older, higher-ranking officers do have a soft corner for the West. However, the new recruits and second-rung officers who grew up perceiving the US as their foe are rising through the ranks. Therefore, to say that behind Turkey’s new Israel policy is just Erdogan’s vanity and populist tendencies will be a lack of imagination on the part of Western analyst. “Military too has become gradually more disgruntled with its Israeli counterpart. A key reason for the mistrust is the 2007 Israeli air attacks on alleged Syrian nuclear plants—strikes flown over Turkish terrain. They never bothered to inform us,” says ex-Turkish general and foreign affairs expert, Haldun Solmazturk, while talking to TSI. Also, understanding Erdogan’s political posturing starts with understanding that in Turkey rage at the West is near collective. Where Islamists see a worldwide crusade against Islam, secular leftists see global capitalism and US neo-imperialism.

There are also prevailing financial and tactical interests motivating Turkey’s foreign policy. In the last decade, it has strengthened its inter-regional business to great effect, seeking markets not in the West Asia, but also in old adversaries, including Armenia.

Considerably easing visa regulations with Syria last year, to give an example, has already been an advantage to traders in southern Turkey. Russia has pipped US to be its single largest trading partner, and its trade with Sudan has multiplied several folds since the dawn of the millennium. Iran, in the interim, is a chief source of inexpensive natural gas that fuels the appetite of Turkey’s

economy. On the other hand, Ahmet Davutoglu is being pegged as Turkey’s own Hennery Kissinger, albeit with a lot more morality. He is the godfather of an innovative, more multi-dimensional foreign policy; one he expects will make Turks more dominant on the world stage. The ‘zero problems policy’ has redefined its relations with its neighbours.

Talking to TSI, Ihsan Dagi, noted Turkish expert said, “The policy indicates a radical departure in the Turkish reading of the outside world. It rejects the predictable outlook that it is enclosed by enemies against which it should be equipped to shield itself. This was a worldview based on diffidence, antipathy and short-sighted pragmatism.” Clearly, Turkey has come out of its siege mentality. It is not to be pushed around. Even Israel, which has for long flouted the medians of diplomacy, is now becoming conscious of its confines, thanks to Turkish President Abdullah Gül. Following Israel’s insult of the Turkish ambassador, he said, “Unless there is a formal apology from Israel, we’re going to put Celikkol on the first plane back to Ankara.” Israel, of course, acted contrite, and humbly so. However, it should also be made clear that Turkey runs the eternal risk of finding itself discarded by both sides—Muslim and west Asian for the West, and too secular and pro-American for the west Asians. The next five years would be worth watching.

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Source :
IIPM Editorial, 2009

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

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Friday, February 26, 2010

Abiogenic?!?

Oil’s found between rocks!

King Hubbert predicted in 1974 backed by his Hubbert Curve theory that oil would go to its peak in 1995 and then it would start declining and will then exhaust gradually. But that did not happen. Oil demand steadily went down in 1970s and 1980s due to instability in oil producing regions and then drastically went up in 2000s. In between, the Association for the Study of Peak Oil and Gas, as well as two other stalwarts – Ali M. Samsam Bakhtiari of National Iranian Oil Company and Chris Skrebowski, founding Director of Peak Oil Consulting – further predicted that the peak in oil would occur somewhere around 2007. However, that again didn’t happen as oil reserves as well as production further went up (US International Energy data). The crux of the issue remains the same – when the hell would oil run out? The reason this question is important is to understand how much money and efforts should be invested in moving over to alternate/quasi-fuels. Allow us to give you the latest dope – oil is never going to run out! We don’t wish to sound off our blocks, but what we said, fortunately or unfortunately is reality.

While oil reserves in 2007 were around 1,184.208 billion barrels, they’ve gone up to 1,342.207 billion barrels in 2009. Despite increase in investments in alternative energy, these in reality might not be required at all. Researches under the new abiogenic theory contradict the age-old traditional theory that petroleum is derived from biogenic processes.

Iconic authors Jerome Corsi and Craig Smith explain in their cult novel, ‘Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil’ how the belief that oil is a fossil fuel and that it is a finite resource has been promoted to make America (and the world) a vulnerable society. And why’re the authors so important as to be quoted by the likes of National Geographic and Discovery? The abiogenic theory that they publicised – that oil is not just fossil fuel and also forms between granite rocks as well (ergo, will never run out) – is now completely supported by CERA, EIA and OPEC!
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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Outlook Magazine money editor quits
Don't trust the Indian Media!