Showing posts with label Management Guru. Show all posts
Showing posts with label Management Guru. Show all posts

Monday, May 03, 2010

Spill threatens Olive ridleys

Locals accused of burying dead turtles to avoid media glare

Oil spill from an Indonesian ship at the Gopalpur port located on the Orissa coast has endangered the lives of Olive Ridley turtles. Besides, it has contaminated the sea water, threatening lakhs of these rare species and more than 1.5 crore hatchlings that are yet to start their seaward journey from the sea beach near Rushikulya River mouth. Thousands of turtles converge on the coast for nesting and laying of eggs.

The spill was spotted by the locals, who informed the authorities. More than 7,000 litres of diesel have been immersed into the sea from the Essar-owned vessel MV Malavika on April 12. Sources say it was carrying some 32,000 tonnes of coal from Indonesia. Rabindra Sahu of the Rushikulya Sea Turtle Protection Committee is deeply concerned with the development. He said many turtles died from the oil spill. However, the officials, including Forest department and Pollution Control Board, have rubbished it. Moreover, people in the Gopalpur port are burying the dead turtles in order to hide the fact and not to attract media attention, alleged Rabindra.

Notably, the rare species of turtles prefer this river mouth along the beach instead of the famous site Gahirmatha due to the tidal wave, beach erosion and activities by the defense establishment at the ‘wheeler island’. Since 1994, the rare species of turtles had been sighted nesting here at the sea and laying lakhs of eggs along the beach near Rushikulya River mouth in Ganjam. Suratha Pahan, the chairman of Ganjam, said the oil spill is jeopardising the livelihood of thousands of fishermen living along the coast as they have been asked not to venture for fishing. Ashish Fernandes of the Green Peace said: “We are playing with fire by permitting ports in such eco-critical areas.” This has led to the gradual disappearance of these amazing creatures from the Orissa coast, added Ashish.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

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Monday, April 12, 2010

Living with a flawed destiny

Investments in defence at the cost of social good are unpardonable

Global annual military expenditure stood at around $1.46 trillion, as per a report in 2009. The top 15 countries with the highest military expenditure spent around 81.4% of the total. It is estimated that the world needs only about $260 billion annually for the next 10 years to eradicate all the basic malaise; be it poverty, insufficient healthcare, lack of shelter and clean water, illiteracy and sustainable energy. Given that kind of a comparison, there’s a clear paradox that countries are facing; are the investments towards defence supposed to only protect the ‘advantaged’ well earning masses?

US alone has spent over $5.5 trillion on nuclear arms till date, and has a current stock of over 10,000 nuclear weapons. US spends $35 billion a year on defence (or $96 million a day). Similarly, France has spent not less than $1.5 trillion on nuclear arms. USSR has spent $3.5 trillion on nuclear arms. Even as recently as the last decade, when countries were ratifying the Chemical Weapons Convention, Albania, Libya, Russia, US and India have declared over 71,000 mt of chemical weapon stockpiles. The developing nations are no less in their over eager attempts to defend their borders. $32 billion is the 2010 investment for India in defence. Pakistan is $8 billion. China is $78 billion.

While it cannot be denied that a nation’s spending on defence technology is necessary due to various imperative and unavoidable reasons (mostly conflict with unreasonable neighbours), it is clear that if the same nation were to be equally committed towards eliminating poverty, the world could have surely been a better place. The funny part is, this is no Holmesian secret, and the nations involved know the discreet logic quite comprehensively. Then why don’t they simply eliminate poverty? Unpardonable...

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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 31, 2010

Ipl – A beast or a bestseller?

Last week, two new IPL franchises were sold-off by BCCI at record high rates. Does this signal the beginning of a bubble for Lalit Modi's IPL or will his baby turn into the world's largest sporting behemoth?

Three years back, owners of the noted English Premier League (EPL) club paid Rs.1,511 crore to purchase Liverpool, a top name in the EPL for some years now, with stars bought for multi-million dollars like Steven Gerrard (from England), Daniel Sánchez Ayala (from Spain), Javier Mascherano (from Argentina) et al. That was considered one of the biggest deal in the world of sports. A repeat occurred in India last week, when all those present in a five-star hotel ballroom in Chennai were struck with two big surprises. Any observer in all his honest self would confess that none expected the influx of funds to have such unimaginable magnitude. So much so, even IPL's Godfather Modi could not disguise his surprise. “This is a super duper Sunday for BCCI and IPL,” said a beaming Modi. He further admitted that he was expecting much less for each franchise and not Rs.1,702 crore for the Pune team and Rs.1532 crore for the Kochi team (a total of Rs.3,235 crore for the two). In short, individually, both these teams were worth more than the famous Liverpool Football Club. Nothing surprising there, till you realise that unlike the English club, which had well-acclaimed stars during to boast about during the bidding process, nothing was/is known about the names of the Pune and Kochi IPL players – beat that for speculation!

Even when you look at the current IPL contracts, when all the teams were first put up for sale in 2008, the eight franchises were sold for a much lower Rs.2,853 crore, much lower than what the two new teams (as a combine) fetched in this auction. According to a BCCI official, there were five bidders this time for the two new teams, namely, Sahara Adventure Sports Group, Rendezvous Sports World Ltd., VC Digital, Adani Group & Aman Vohra. Out of these five, Subrata Roy-owned Sahara bagged Pune & little known Rendezvous caught hold of Kochi. Knowing Sahara's Roy and his relations with BCCI, the Pune franchise will most likely come out with its IPO in 2013. The BCCI official also said that, "Already one of the major football clubs from England has shown some interest in investing in the Pune franchise. This clearly indicates that Sahara is already looking for investors and can’t swallow a monster like an IPL franchise on its own." If this is the case with Sahara, the fate of Rendezvous appears all the more doubtful. Till date, most can only guess as to which parties actually formed this group. Insiders claim that Rendezvous is a consortium formed by Vivek Venugopal, Mukesh Patel, Ravi & Shailendra Gaekwad, Anchor Switches, Rosy Blue Diamond, Anchor Earth Pvt. Ltd and Parinee Developers.

Whether it is the well-known Amby Valley knight or some unknown Special Purpose Vehicles, the real rub lies in the outflows that are bound to follow. Whatever the parties have spent so far is only for the purchase of the respective franchises. Now, they have to invest on players, staff, logistics and infrastructure. Starting September, the players' auctions will start, and Sahara and Rendezvous will be forced to shell-out some precious coins for purchasing players. Next comes supporting staff, back up logistics... and the list continues! At the end of the day, building your team as a dominant brand poses the biggest challenge. Though for various reasons, this doesn't appear to be an issue in the case of Sahara, as far as Rendezvous goes, it sure has a rough uphill ride ahead. So there are many dark clouds looming large over Kochi. But as the grapevine telegraph has to offer, with Shashi Tharoor (who is the Minister of State for External Affairs) to back you up as far as funds are concerned, would you ever waste a frown? Perhaps not...

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!

Tuesday, March 23, 2010

Completing the Cycle

Craze for eco-friendly transport catches up with MLAs & youth

Students and legislators, especially those of the ruling party, have mostly been at loggerheads in Assam. But on one issue — eco-friendly transport — the two sides seem to have arrived at an agreement. Given the ecological disaster that the world seems headed for, both students and legislators have decided to use eco-friendly transport, thereby setting an example for others to follow. Some Members of Legislative Assembly (MLAs) of Assam, students and faculty members of Gauhati University have taken the initiative. Their effort is to use bicycles rather than cars and bikes for short distances.

“I used to ride a bicycle,” says Akan Bora, Congress MLA, who recently flagged off a rally organised by the Assam Bicycle Health Club. “I will try to convince the state government to build separate lanes for cyclists in the city,” says Bora, who uses car for travelling long distance. The health club, meanwhile, has pulled out all stops to help people get back to such basics. “We launched our club in December 2009 and since then have organised four rallies,” says club convenor Ujjal Bezbora. The club, which has 10 convenors, started out by contributing Rs 10,000 each for the cause. “We used the money to buy 100 bicycles,” says Bezbora. A television channel editor, the owner of a nursing home, and one of Guwahati’s main cable distributors are members of the club. “Apart from cycling having major health benefits, let’s not forget the pain that Guwahati’s vehicles give, creating traffic snarls and congestion all the time,” says Bezbora.

At the university, meanwhile, both staff and students are out to use the good old bicycle all over again. Led by their teachers, everyone in the university has decided to use bicycles this month onwards. Says HP Sarma, professor of the department of Environmental Studies: “It’s either bicycles or acid rain and besides that the auto-chemical smog is becoming a distinct possibility.” University registrar Uttam Chandra Das told the media: “With global warming becoming a reality it is time to take a new look at the environmental impact of vehicles that use fossil fuels.” An increasing number of students have already started coming to the campus on bicycles, Das added. What a way to go green.
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!

Wednesday, February 24, 2010

Thank heavens for the power trip!

According to a report by Indiabulls, “the company sells power on merchant basis through short-term PPAs; such agreements command high realisations of around Rs.5–8 per unit.”On a standalone basis (the steel business), while net sales grew by Rs.76.46 billion (a growth of 41.7%), net profits grew by a relatively modest 21.7% yoy to Rs.15.36 billion. This is still far better than what most steel players have faced. Vikrant Gujaral comments on the situation, “We were among the early risers to the deteriorating conditions. However, since JSPL’s product range includes both long and flat products we were well placed to optimize our product mix in consort with changing market realities...” Also, the company relies a lot on the domestic market, where demand has continued to grow irrespective of recession (exports were only 13% of turnover); so they did not need to cut production. The report by Indiabulls further credits the good numbers to the 35.8% yoy increase in the average sales realisation of saleable steel.

Moreover, while a lot of steel companies were looking at horizontal integration as their strategic priority, JSPL has been looking at things differently. Gujaral puts it across thus, “No company in our space can hope to survive without robust backward integration. JSPL has always believed in this and assiduously built dedicated sources for key raw materials (ore, power and coal) in keeping with the integrated steel producer model...” The company has indeed believed in consistent investment, while maintaining a significantly low debt-equity ratio of around 0.8. However, with respect to Q1, 2009-10, the company saw a standalone fall in Net Profit after tax on standalone basis by 25% to Rs.3 billion due to low steel prices. Again, power business is helping them ride the cycle, as consolidated PAT rose by 123% to Rs. 9.88 billion. As steel prices begin their up cycle, the situation should further improve. According to Gujaral, “There are encouraging signs of demand picking up. Prices have increased by about 8-10 per cent in the domestic market and 7 to 8 per cent globally.” However, he admits that the recovery is still some distance away.

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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 12, 2010

To save fragile India…

…it's time to have strong federal laws to avoid any future mayhem

The week which was shadowed by the news of an impending 9/11 type attack on Indian skies by the jihadi elements across the border and a crucial meeting of the Indian Home Minister in Raipur to fine tune the nitty gritties of Operation Green Hunt against Maoists, two related incidents require special attention. The first is the candid confession of the Pakistani Prime Minister Yusuf Raza Gilani (to the visiting US Defense Secretary Robert Gates) that his country is not in a position to guarantee that there would be no repeat of 26/11 type attack on Indian soil. The second incident is with respect to the ‘soft approach’ of Jharkhand Chief Minister Shibu Soren towards the Maoists at a time when the whole country is bracing up for an all out assault on this menace.

While Gilani might be right in his honest and candid acknowledgement of the failure of the Pakistani establishment to contain the ever growing fangs of the jihadis and while it might also be true that Pakistan itself has been reeling under a series of such attacks, the question that remains unanswered is whether India should continue to remain a sitting duck and pay for the inability of Pakistan to contain such so called non-state (but incubated by the state) actors. If Pakistan cannot contain them, then shouldn’t India have the right to get inside the Pakistan and neutralise the rogue elements hatching the plot of the next mayhem? If Pakistan feigns being a victim of the same terrorism that has been tormenting India for long, then shouldn’t it allow Indian armed forces to fight alongside the Pakistani forces against the rogue elements? Well, someone should have asked this question to Gilani and the rabbit would have instantly come out of the hat. The world has been a witness to the bogus trial of the chief of LeT, Hafiz Sayeed in Pakistan and how he has been getting clean chits in spite of the clear writing on the wall of his involvement in 26/11. No prize for guessing what US would have done if 26/11 had happened there.
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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 05, 2010

Let's be honest about Jyoti Basu

Sutanu guru gives 5 reasons why india cannot afford his ideology, politics, economics and legacy

It is a peculiar trait we Indians share: even those we love to hate acquire such a halo after death that we hate to deny we love to hate them. The death of former Prime Minister V.P. Singh was simply crowded out by the traumatic 26/11 attack in 2008. Yet, even then, we preferred to praise the man who should easily be ranked as the worst Prime Minister that India ever had. Something similar seems to be happening with the allegedly best Prime Minister India never had. Yes, I am talking about Jyoti Basu, the bhadralok Marxist whose death seems to have triggered paroxysms of naïve nostalgia and hypocritical hype. The passing of an era is a term that is being bandied about even by his former opponents who hated his guts and ruthlessness. If you go by media reports after his death, Jyoti Basu should be up there with the likes of Jawaharlal Nehru; in fact, some have even compared him with Mother Teresa. Typically Indian, and so typical of our habit and tradition to praise those who have passed on and carp about people who don’t want to hide uncomfortable things under a dusty carpet.

But really, let's face some uncomfortable facts before we pronounce Jyoti Basu as the best Prime Minister that India never had and one of the greatest political figures of modern India. If you think Basu was a leader who cared for the poor and the downtrodden, here is what Magsaysay Award winner, author and activist Mahasweta Devi has to say, “Jyoti Basu did very little for the adivasis of the state. I met him on several occasions and appealed to him. My entreaties fell on deaf ears”. Sure, you might think that the respected Mahasweta Devi is prejudiced because of her single-minded devotion to adivasis and tribals. Sure, you can put blinkers and prefer to ignore opinion. But, can you ignore facts? Here are some facts that even die-hard believers of the ‘Left is Always Right’ dogma need to mull over:

l From being one of most industrialised states till the late 1960s, West Bengal is now one of the most backward. Close to 30,000 industrial enterprises were closed down and more than 27,000 units became ‘sick’ in the hey days of the Basu era of ‘Marxist Pragmatism’.

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Source :
IIPM Editorial, 2009


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

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Monday, January 25, 2010

“Timely availability of seeds at convenient place is very important”

Dr. LK Pandey, National Sales Head, Sungro Seeds talks about the industry in an exclusive to B&E

Good seeds means a good crop. Sungro Seeds, which has been associated with the industry has tried to come up with high yielding seeds. In an interview with Vikas Kumar, Dr. LK Pandey, National Sales Head, Sungro Seeds Ltd. talks about the challenges faced by the seeds industry and what is Sungro trying to do to solve them

B&E: Scarcity of better quality seeds at required time and place discourages farmers from replacement of their own saved seeds with good quality seeds? How do you view this trend?

LKP: Timely availability of seeds at a convenient place is a very important factor in seed business. However, it hardly deters farmers to use high quality hybrid seeds. In fact competition has made a different scenario where seeds of more than one brand are present at any seed retail counter. Therefore, it is a matter of particular brand choice which farmer has to take rather than non-availability of products of any crop. Sungro like any other system oriented company has an annual planning system broken into monthly requirements and weekly requirements of all important segments or growing regions. It accordingly makes logistical arrangements for timely seed availability at every place of requirement.

B&E: Seed Multiplication under National Agriculture Research System needs major strengthening. How do you view this policy?

LKP: The seed industry has become customer driven where product features and quality is decided by customer preferences. As of now various choices are available in the market which helps customers to choose the best. The present NARS System should involve private sector also to make available right product at right time.

B&E: What are your views on prices of seeds particularly of hybrids and affordability among farmers?

LKP: Traditionally, farmers used to do maximum savings in seeds, though it makes only a fraction of total investment on inputs like fertilizer and pesticides. When we talk about the seed price in terms of kilogram then it appears exorbitant. However, if we think about total amount of seed required in one acre area then it looks reasonable and affordable.

B&E: What are the major achievements of Sungro Seeds till date? And what will be the next area for you?

LKP: In the year 2008-09 Sungro achieved sales turnover of Rs 45 crores by marketing almost 150 products of 26 crops throughout the country. We are market leader in cauliflowers, radish, cabbage, carrot, brinjals, okra, bitter gourd, chilli and tomatoes. Its products are demanded by vegetable growers all over India and overseas due to high quality and affordable price. Now, by mapping all the districts and every market segment, Sungro is planning to reach out to all vegetable growers in the country with the help of a large distribution network. We also export our products in many countries.
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Source :
IIPM Editorial, 2009


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

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Saturday, January 23, 2010

The Transporter: reloaded

High speed railway systems can change the fortune of the third world

By now, the fact that the Copenhagen meet added around 46,200 tonnes of carbon dioxide, most of it from flights, has become a cliché. Studies have proved that air travel is now the fastest-growing contributor to global warming. In simple words, avoiding air travel can, to some extent, limit its harmful impact on the environment.

Furthermore, many countries are readily investing in environment-friendly mode of transport. In this long list of green transport, countries are fervent about the high-speed railway systems a.k.a HSR. As per a recent Eurostar research, the train to Paris (instead of flying) cuts CO2 emissions per passenger by a jaw dropping, literally, 90 per cent. Going beyond numbers, the environmental benefit due to HSR is more than what any empirical research can reveal. As airlines emit their CO2 directly into the upper atmosphere, thus the impact on environment is much severe. The Manchester City council, in UK, has revealed its interest on "high speed rail revolution" – precisely to tap on the increase efficiency and its environment-friendly attribute. Most of the developed countries like France, Spain and Germany are supporting the HSR concept. A few European countries have also decided to join HSR network linking the UK and Europe.

Besides reducing the amount of CO2, HSR, to a large extent, solves traffic congestion and air pollution problems. Traffic congestion not only pollutes the environment, but also waste fuel and waste productivity time. It indirectly hits the economy of the country by adding to the cost of doing business. Realising this fact, Japan has extended its Bullet train network by 76 per cent, thus linking almost all its cities. Even Europe has decided to add an extra 1,711 more miles by 2010. The air travel frequency between Paris-to-Brussels has almost disappeared after opening up of HSR links.

Undoubtedly, HSR can do more wonders in the third world. The third world countries will not only benefit from technology-leapfrogging but also will see a heave in other sectors too. They will obviously have an advantage of second mover and therefore, can reduce loss (by analysing the success model of HSR already in place) and customise the HSR model as per their requirement. Implementation of HSR in African and Asian countries will augment their infrastructure and employment. Beside this, if HSR links the urban and rural areas, it will also decrease urban migration and bridge the gap between rural-urban divide. With proper planning HSR can give rise to mid-size cities and satellite towns. Obviously, implementation of HSR model is not an overnight job and would require huge investment. But then proper planning and a good business model can surely make high-speed railways a success business model cum social initiative in the third world too. And if it seems a next to impossible task, then one must learn from China. China has launched the fastest HSR (CRH3) with an average speed of 217 mph covering a total distance of 663 miles connecting over 20 cities (connecting less developed regions to the metros) and is planning to expand it to 42 more HSR lines by 2012. Does it sound like a case in point?

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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, January 22, 2010

“Similar to ‘Sanskritisation’

“Similar to ‘Sanskritisation’ in the socio-cultural sphere, ‘Congressisation’ is the most uncalled-for phenomenon in politics and it is the epidemic from which the TDP is suffering most from,” said political analyst Chakradhar Mukkamala, while referring to the burning issue of Telangana agitation as a testimony to the final decadence of TDP.

TDP was founded by the late N. T. Rama Rao (NTR) and came to power invoking insult to Telugu pride because Congress chief minister Anajaiah was berated by Rajiv Gandhi on the tarmac of the Begumpet Airport. NTR was the belated manifestation of the egalitarian dream of the Justice Party of 1910s and 1920s. An advocate of federalism, custodian of underdogs and messiah of the lumpen proletariat, NTR also filled the political void where the Left had failed. ‘Andhra Pradesh politics, till then, was ‘Congressised’, with pampered sections like Reddys and Malas monopolizing political power,’ another political observer Ravinder Durgam says.

The Reddy strongholds, spread over the southern region of Rayalaseema, Nellore and most of Telangana, produced most Congress chief ministers till the TDP was formed. Incidentally, the current CM Y. S. Rajasekhara Reddy is also from the Reddy community only. NTR and his successor Chandrababu Naidu demolished Reddy domination, particularly in Telangana by fielding and successfully electing non-Reddy castes. Thus, the backward castes of Andhra Pradesh, particularly of Telangana, were swayed by NTR's egalitarian, socialist vows. But, after NTR’s demise and during the decade-long reign of his son-in-law, Chandrababu Naidu, his caste (Kamma) monopolised political power.

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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, January 21, 2010

The nexus between politicians and the mining mafia is wreaking havoc in many Indian states

The recent developments in Karnataka involving the Reddy brothers of Bellary substantiate that allegation. A decade ago, G Janardhan Reddy and G Karunakara Reddy, ministers in the present BS Yeddyurappa government, were small-scale financiers in Bellary. After they forayed into the mining industry, their stocks rose rapidly. Today, it is claimed that they control almost the entire government in Karnataka. It is also claimed that the Reddy brothers and their close friend, Karnataka health minister Sriramulu, fly from Bellary to Bangalore in their own helicopter almost everyday.

The connection between the Reddy brothers and former Andhra chief minister YS Rajashekara Reddy’s son Jagan Reddy is a well-known fact in political circles. The Bellary brothers belong to the BJP and Jagan to the Congress. But in the mining business, they are partners.

With their political clout and money power they have all but obliterated state boundaries with their mining activities. But after Rajashekara Reddy’s demise, the political scenario has changed. The Andhra government is gunning for the Reddy brothers’ Obulapuram Mining Company.

Already behind bars is Madhu Koda, former Jharkhand chief minister. A mine worker, he rose quickly up the political ladder to wrest the post of chief minister. Along the way, he used his position as minister for mines to line his pockets. He is now under the scanner of the Enforcement Directorate. The irony is that in the name of development, the mining industry is growing helter-skelter in Chhattisgarh, Jharkhand and Orissa. On the human development index, however, these states are proven laggards. “In terms of financial growth mining has turned into a major industry in India. But, the growth occurs only in the upper strata of the society. Mine owners, companies and politicians are reaping the harvest. In most cases, uncontrolled mining leads to an unequal society,” says Bhanumathi.

According to experts, almost 50-60 per cent of mining activities in India are illegal. For example, Forest (Conservation) Act of India 1980 is frequently circumvented, thanks to the nexus between mining and politics. Since the enactment of the Act three decades ago, the Union government has granted clearance to mining projects on more than 100,000 hectares of forest land. Though these clearances were strictly conditional, both state-owned and private mining companies have flouted all norms to maximise their profits.

For example, except for a few cases, these mining companies did not carry out compensatory forestation activities. In places that they did so, it was only an eyewash. According to the Union forest ministry, Andhra Pradesh, Orissa, Chhattisgarh, Karnataka and Madhya Pradesh are top five affected states. In Andhra Pradesh, more 15,700 hectares of forest land has been released for mining activities. The story is virtually the same in the other aforementioned states.

“We need stringent laws to put an end to this. Otherwise both the environment, both natural and political, will be marred. I hope the proposed new Mines and Mineral Development and Regulation (MMDR) Act will curb illegal, unscientific mining activities,” says former environment secretary of Karnataka, AN Yellappa Reddy. The final draft of the MMDR Act has been sent to the Union Cabinet for approval.

The Union ministry of mines is hoping that the new Act will usher in an era of sustainable and community-friendly mining. The question is: will the political mafia that controls the spoils of the industry allow that to happen?

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009

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

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Friday, January 15, 2010

Kings and queens still have their feet washed by villagers of the world’s largest democracy

That Bolangir was to then take a steady downward spiral into deprivation and despair even as Singhdeo passed away in 1975, did not, however, change the fortunes of his family that, after him, continued on a winning streak at the hustings. Following Singhdeo’s death, his two sons Rajraj and Anang Udaya took on the family’s new-found political mantle; while Rajraj was elected twice to Parliament from Bolangir, younger brother Anang Udaya made it seven times to the state assembly, and even became minister twice in Naveen Patnaik’s cabinet. It wasn’t to stop there. Kalikesh Narayan Singhdeo, Anang Udaya’s son who joined politics in 2004, was elected to the state assembly as a BJD candidate, while Rajraj’s son, Kanak Vardhan, has made it to the state assembly four times as a BJP candidate from Patnagarh, becoming a minister in the BJD-BJP alliance government from 2000 to 2009. His wife, Sangita Singhdeo, has won from the Bolangir parliamentary seat thrice as a BJP candidate.

And just what sees them through? “They owe it to their clean image,” says Bhagwan Mishra, a royal family supporter. “They never indulge in corruption and maintain a clean image before the public. They also never refuse anyone who seeks their help in anything.”

Political rivalry meanwhile has slowly eaten its way into the royal family. The split between the BJD and BJP resulted in family members locking horns in the last elections in 2009. While Kanak Vardan fought against his sister-in-law Prakruti Devi, his wife Sangita fought against her brother-in-law Kalikesh. In that battle while Kanak Vardan won the approval of the people, his wife and three-time MP lost to Kalikesh. “I want to do something for the people of Bolangir,” Kalikesh, who has become an MP from the constituency for the first time, tells TSI. “People have great faith in our family and I don’t want to ever let them down.”

In all of this, it is the Congress that seems to have taken a beating having chosen the wrong candidates in the first place. And the yardstick for political performance in Bolangir is not quite the same as it is in the rest of the country. “Everybody is the same here,” says Harishchandra Sahoo, a farmer of Khaprakhol, a village in the area. “Everybody comes to us once every five years seeking our votes. But at least members of the royal family do not indulge in corrupt practices. Unlike the others in politics, we know for sure that they at least won’t siphon off a share of the funds allotted by the government for the benefit of the poor.”

Then again, with 60 per cent of the constituency's population living below the poverty line, and 45 per cent of its people still trapped in illiteracy, it isn’t surprising that not many in Bolangir have either the time or the means to fret and fume about the mysterious ways of governance or, for that matter, misgovernance.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Wednesday, January 13, 2010

Desperate Invasions

It was extremely shocking for the world that had for so long invested morally in Non-Aligned Movement to understand the Bush’s doctrine of either-you-are-with-us-or-against-us. As Uncle Sam first marched into Afghanistan and later in Iraq, most of the world’s statesmen were caught off the guard. While Taliban was universally despised, Saddam Hussain was sort of an iconic figure of resistance. Naturally, the fall of Baghdad had different reaction to that of Kabul. As sycophants allied nations jumped to eat the spoils of war, developing world started to fathom the meaning of “Global War on Terror”. The Blitzkrieg although won battles for US, the war in Iraq and Afghanistan still continues. As overstretched US army finds difficult to hold grounds in Iraq and Afghanistan, the threat of second Vietnam looms large over America.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Monday, January 11, 2010

Brilliant concept of global warming meets!

EU did take the lead and declare to cut its carbon emissions by 20% from 1990 levels by 2020 and is the only region on the planet running a comprehensive Emissions Trading Scheme (ETS). However, it refused to commit to any further cuts unless other rich nations reciprocate its earlier gestures. But, in the midst of this heat that has suddenly raised COP 15 temperature by many degrees, Dr. R.K. Pachauri, Chairman of the Nobel Prize winning IPCC, said at the inaugural speech of the summit that “To limit average temperature increase at 2.0 and 2.4° C, the cost of mitigation by 2030 would not exceed 3% of the global GDP. In other words, the so-called prosperity expected in 2030 would be postponed by just a few months. But, we have clearly specified in the AR4 that if temperature increase is to be limited to between 2.0 and 2.4°C, global emissions must peak no later than 2015.”

The Copenhagen Summit started recently with the greatest fanfare in recent times for any international event – rivalled only by the 2008 Beijing Olympics. However, the thriller, even before its screening, has already had its share of controversies with the stealing of certain emails of scientists at the University of East Anglia in UK, the contents of which showed that certain studies cast doubt over the fact that human induced activities cause climate change. This proved to be a panacea to climate change naysayers and a sudden surge of criticisms were hurled at the so called propagandists of ‘left’ leaning legions of policy-makers and governments across the globe trying to take over the capitalist world. However, the jigsaw consists of many more hidden pieces. There are other issues intertwined with carbon and equivalent emission reductions that are on the COP15 agenda but have largely been remained footnotes in the emissions tale.

Firstly, as Prime Minister Dr. Manmohan Singh has reiterated on many platforms, funding and technology transfer from developed countries to developing nations to curb, mitigate and adapt to damaging effects of climate change must be made a certainty within the confines of any international treaty. However, the rhetoric by the world’s largest oil and gas companies, coal power plant owners and timber companies largely sidelined India’s stance when the clause about peak oil was introduced some time back by some EU representatives. It was followed by the Chinese per capita reduction commitment and suddenly, India seeing itself as the isolated warrior capitulated immediately. Under the giant garb of standing its ground, it slowly slithered out and positioned itself behind China in curbing its per capita emissions at 2005 levels by 20-25% by the year 2020. Dr. Manmohan Singh has declared that he is going to Copenhagen; and as expected, the developed world is waiting with open arms.

The Danish Government, the hosts to COP 15, sent a statement of Danish Prime Minister Lars Løkke Rasmussen to B&E, “I welcome Prime Minister Singh’s announcement of his participation in the climate conference in Copenhagen on 18 December. With the Indian announcement, at present 105 leaders from all over the world will participate. Together, these 105 leaders represent 82 percent of globe’s population, 89 percent of the world GDP and 80 percent of the world’s current emissions. If an agreement can be reached within this group, it could change the future of the globe, thus making Copenhagen the global warming turnaround, we all wish for.” But such sweeping statements about universal wishes from the West almost never mention anything about technology transfer and a funding mechanism to aid developing nations.

Secondly, the soot from the carbon jargon has been so thick that the greatest sink for carbon dioxide, the largest GHG, the global forest cover, has been but forgotten. Brazil, the largest Latin American economy recently declared post negotiations with other Amazon economies that it would only accept and support a climate agreement if it made mandatory for developed nations to use only 10% of their emission reduction targets to invest in afforestion projects. However, Brazil might have just forgotten that China single-handedly emits nearly 50% of the carbon emissions combined by EU and US and it is still a developing economy.

Connie Hedegaard, Danish Minister for Climate and Energy, also the President for COP 15, tells B&E (as she keeps insisting on all forums she goes to), “Failure in Copenhagen is no option.” If her definition of failure is the deal not being signed, it is surprising that nobody’s cared to email her the latest details. For UN Conference Summits are now no more than glorious forums for the global environment ministers to meet each other, have great photo opportunities, discuss and debate to keep up the skills required back home in their senates, tour a little more, and finally pack for the next conference. COP 15 is named COP 15 as it’s the 15th conference since 1995 (each in a different place; next one in Mexico). Apart from these main summits, there’re pre-summit meetings (for example, 183 delegates met in Bonn this year, then in Bangkok, then in Barcelona and so on so forth). So what can one actually look forward to in COP 15? The Obamas, and the Salahis, but of course!

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Source :
IIPM Editorial, 2009


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

Wednesday, January 06, 2010

Uttarakhand Governor Margaret Alva

Husband of Margaret Alva

If you go by what Uttarakhand Governor Margaret Alva says, it should have been her husband Niranjan Alva, and not she, who should have made it big in politics. After all, in his time, Niranjan was a very successful student leader. And what’s more, as a son of the extremely successful and popular Alva couple—who spent a considerable part of their life in Parliament—Niranjan’s jump from student politics to mainstream politics would have been a natural progression.

Margaret says, “He would have been more successful than me had he entered politics.” But Niranjan could not have possibly ditched his first love—law. As a successful lawyer, he entered into Margaret’s shoes to take care of his family, as he lent his to her.

When Indira Gandhi, impressed by one of her political speeches, asked Margaret to jump on to the Congress bandwagon, Niranjan was only too happy to cajole her to accept the offer. Margaret was a bit sceptical to begin with as she did not wish to leave Bangalore for Delhi, but Niranjan assured her that in her absence, he’ll happily take care of the family.

As he looks back now, Niranjan “Dada” Alva has reason to feel satisfied that as a homemaker, he did his duty with distinction. And as their children are settled in their respective fields, Niranjan can now take a long deserved break.

His relatives as well as others who know him well bet that such selfless dedication to the cause of the family and wife is difficult to find in a man these days.

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Source :
IIPM Editorial, 2009


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

Thursday, December 24, 2009

Development, too, has been on Nitish’s priority list

Development, too, has been on Nitish’s priority list. The NDA government has built and repaired thousands of kilometres of roads and hundreds of bridges all across the state. “Earlier it used to take more than three hours to reach Patna from Arrah, which is just 60 km away. Now it takes just an hour because the road has been widened and re-laid,” says Vijay Manjul, an Arrah restaurant owner.

"If I have not brought the moon for the people of Bihar, I have certainly made Bihar a place where they can live and pursue their vocation fearlessly. This is my biggest achievement," Nitish said while releasing the progress report on his government’s four years in power. He completed four years in office on November 24, 2009.

The RJD-LJP combine has charged the Nitish government with corruption, misrule and criminalisation of power. "The people of the state have declared that the Nitish government has failed on all fronts," state RJD president Abdul Bari Siddiqui said while talking to TSI from Patna.

The RJD has asserted that reports of the CAG have exposed the hollowness of the claim of good governance. "Corruption has surfaced in most of the state's departments and the CM has failed to rein it in," RJD general secretary Ram Kripal Yadav told TSI. The RJD has released a “chargesheet” against the government.

Ram Kripal said the CM had told the Assembly that there would be more than 1,44,000 crore rupees of investment in the state, but there is nothing on the ground. The NCP has also released a “Black Paper” against the NDA government chastising it for widespread corruption and misrule. NCP leader Tariq Anwar has said that Nitish Kumar has been a complete failure as chief minister.

Countering the Opposition, the CM asserts that Bihar is poised to be one of the leading states in India. “The central government and other state governments have not only applauded some of the innovative schemes started by us but have adopted them as well,” Nitish says.

The Bihar government has been lauded by none other than the Planning Commission deputy chairman Montek Singh Ahluwalia, who publicly said the state had made progress in the infrastructure, education and health sectors in the past four years. If Bihar kept up the momentum, it would achieve 8-9 per cent economic growth, he added.

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Source :
IIPM Editorial, 2009


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

Tuesday, December 01, 2009

IIPM News - Bahujan sangharsh Party

For a change, it is a party and not an individual. Bahujan Sangharsh Party (Kanshi Ram) is asking for a CBI probe into the death of BSP founder Kanshi Ram. These people are on protest since May 10, 2006. Its president is Dalbara Singh, brother of Kanshi Ram. The party maintains that Kanshi Ram did not die a natural death but was murdered. Sudhanshu Kumar has sat on protest for more than 2 years now. Other office bearers and workers also join the struggle at regular intervals. We met one Tirath Singh, national vice-president of the party. He insists that he has written several letters to the President and the PM but no reply has ever come. So when will this end? Bang comes Tirath Singh’s retort: “Till the time we have his killers hanged.”
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IIPM Editorial, 2009


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



Tuesday, November 10, 2009

Eat my Dust!

The chrome wars have broken out. In the quest for the better machine, we pitted the bike against the car, only to realise the rivalries run deep. As the four wheel and two wheel enthusiasts race down the tarmac, Indira Parthasarathy anticipates a photo finish…

So which school of torque do you belong to? The one where the leather, the wind in the hair and the throb between the legs (the bike, that is) is considered the greatest of kicks? Or, the one where the ultimate high is claimed to be afforded by cushy upholstery allowing for a liberating “I’m-in-control” moxie even as the engine makes the 5000 rpm sound and unleashes the studs..? “I dig both worlds,” says the man whose job is the envy of every auto enthusiast. Bijoy Kumar, Editor of Business Standard Motoring magazine, despite his best efforts to be neutral, lets slip his bias for bikes when he says, “Cars are good wife material but motorcycles are full blown affairs you never want to let go!” Tarun Sachar, however, minces no words when it comes to promoting “automotive nirvana”. This petrolhead at Team-BHP – India’s largest automobile community whose raison d’etre is to redline the Indian car scene – sounds dangerously loyal when she (oh yes!) says, “Size counts! Cars, being bigger and better, exude power, confidence and luxury and have the capability of trampling any puny little thing that comes their way (multiplier effect for SUVs).” So does ‘bigger’ really mean ‘better’? The bikers are not breaking into a sweat just yet.

“Cars are fast alright, but never as quick as motorcycles… Motorcycles make you feel and understand freedom better. Period,” counters Bijoy, and that after he gets to “attend the launch drive of a Lamborghini Gallardo convertible in Tenerife, Canary Island” among other things constituting the best bits of his job! For that matter, the bike jocks could also find support in Robert Pirsig’s “Zen and the Art of Motorcycle Maintenance”, where he writes that in a car “you’re always in a compartment… a passive observer and it is all moving by you passively in a frame. On a (motor)cycle, the frame is gone… The concrete whizzing by five inches below your foot is the real thing…”

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Source :
IIPM Editorial, 2009


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


Monday, November 09, 2009

Journey towards the unknown

The deep, festering wounds inflicted by two assassinations – first of Liaquat Ali Khan and then, 56 years later, of Benazir Bhutto – have pushed Pakistan to the edge of uncertainty. Coupled with the 1979 “judicial murder” of then Prime Minister Zulfikar Ali Bhutto, the forced elimination of Liaquat and Benazir has made Pakistan unstable.

The death of Quaid-e-Azam Mohammad Ali Jinnah in September 1948 had already dealt a heavy blow to the newly-formed nation. The assassination of Pakistan’s first Prime Minister Liaquat Ali Khan on October 16, 1951, at a public meeting at Municipal Park, (now Liaquat Bagh), Rawalpindi, plunged the country into a serious constitutional, political and identity crisis. “After Jinnah, Khan was the only leader with nationwide standing. His murder shifted leadership to regional satraps. These leaders had their support base in one province or another. This leadership found it difficult to create consensus on constitution-making cutting across boundaries. Pakistani politics got fragmented as a result,” Dr Hasan Askari-Rizvi, Pakistan’s top defence analyst and a distinguished scholar told TSI. The uncertainty and chaos that engulfed Pakistan after Liaquat’s assassination under mysterious circumstances could be gauged from the fact that between 1947 and 1958, Pakistan had as many as seven prime ministers from different political parties and groups. Palace intrigues became the order of the day.

The security forces shot dead Said Akbar, the assassin of Khan, on the spot, thereby erasing any clue as to who masterminded the brutal murder. “The assassination was important in the sense that after Jinnah, Liaquat was the only leader of any substance. His death created a big vacuum that was, it seems, the objective of the assassin. The bureaucracy took complete control of state power and thereafter the army ruled the country for decades,” says Dr Syed Jaffar Ahmed, chairman, Pakistan Study Centre, Karachi University.

“Major changes in the government followed Liaquat’s murder. Khawaja Nazimuddin was moved from the position of governor general to that of prime minister. Malik Ghulam Mohammad, the then finance minister, became governor general. Chaudhri Muhammad Ali, another top bureaucrat of the colonial era, took over as finance minister. Nawab Mushtaq Ahmed Gurmani, a senior bureaucrat too, became the interior minister. These three constituted a troika, which held real power after Liaquat’s death. All the three were from Punjab. That was the beginning of the rise of the Punjabi civil bureaucracy,” noted Baloch leader Mir Ghaus Baksh Bizenjo in his autobiography published posthumously recently.

However, seeds of transforming Pakistan into a client state were already sown during Khan's era. He ignored the invitation of the former Soviet Union to visit that country and instead rushed to the US and declared that he had come there so that America may “discover” Pakistan. In subsequent years, the policy of subservience was consolidated. Pakistan joined notorious security pacts such as Seato and Cento and allowed the US to set up a base near Peshawar.


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Source :
IIPM Editorial, 2009


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