Showing posts with label India. Show all posts
Showing posts with label India. Show all posts

Friday, July 10, 2009

Top Science Institutes want market driven streams scrapped

In one my earlier blogs (27/06/09), I had suggested the following to be introduced:

01. Getting students industry-ready
02. Making education boards agile to change patterns, content and education modes to drive employability of students

Yesterday, three of the leading Science Institutes have suggested scrapping of market-driven streams in BSc. These specialized courses like any other graduation courses have their limitations, but were certainly a step towards increasing employability of students.

However, with the onus of the students’ success slowly moving to the institutes and the faculties, reality has struck. It is difficult for our institutes to provide growth of a student to meet the industry, hence, the best option for them is to scrap the course.

Yes, if you can’t dance, there is something wrong with the dance floor. Break it down!!!

How about, making the courses more laser focused? How about getting industry involvement in developing students and giving them a career? How about driving a real world learning that represents the industry of today and tomorrow? Shouldn’t we be looking for these solutions?

I think the need of the hour is scrapping the institutes rather than the courses. Introducing new-age, quasi government institutes that can give a real feel of the industry and give students a pathway to jobs.

And this is only training/education that am talking about!

To convert students’ passion into a livelihood, there are three aspects other than just training:
01. Real industry Introduction
02. Talent marketing
03. Preparing a platform to succeed

Instead of thinking of generating we are thinking of degenerating. And this is the state of education in India.

No wonder the top 3 Science Institutes want market driven streams scrapped!!!

Tuesday, July 7, 2009

Plan for reducing our budget deficit

With the new budget being announced, we see a well identified challenge of sustaining GDP growth of 9% (my gut feel is 7-8%). There are multiple areas announced in the budget that lay the foundation of to sustaining the GDP growth rate – infrastructure, power, agriculture and urban development. This benefit to the common man comes at a cost – higher fiscal deficit – approx INR 400,000 crores.

Here are three ways of bringing down the deficit if not completely neutralizing it:
1. Tax ‘productivity-hurdles’ for the nation (target INR 500 crores +)
a. For every political party / organization that organizes a bundh which affects productivity of a state, city or country with or without violence does it at a cost – INR 15 crores + cost of property destroyed
b. Labour groups calling for bandh at a production facility or service outlet – INR 5 crore + cost of loss of revenue
c. For over shooting of project deadlines, the contractors / vendors should be charged a part of their fee – it always happens in the private business world

2. Tax corruption (target INR 100,000 Crores +)
a. People taking bribes pay 10 times the bribed amount presuming that they have done this at least 10 times earlier and need to cough it up
b. Misuse of national property or funds – example Mayavati’s statues campaign – charge 5 times the amount spent from public money or a la Deve Gauda taking multiple trips in a month to Bangalore when he was the PM.
c. Non-payment of government dues – charge unsecured personal loan rates of interest (18-22% PA) for offenders beyond a crore of rupees, e.g., Reliance Industries not paying electricity bills to the board
d. Vote bank corruption should be charged at cost + INR 10 crores from the party resorting to such politics, e.g., 90:10 education policy of Maharashtra govt.
e. Infrastructure project revaluation midway, after lowest bid wins – the contractor pays for the increased value (surprisingly this has become a norm today)

3. Private participation in spends (INR 200,000 crores +)
a. This is at a conceptual level. Private companies earn revenues from the society pay taxes to the government. They expect rules to be changed to suit their company or industry. What about doing their bit for infrastructure, healthcare, well being of the society? I am not talking of lipstick-on-a-pig CSR initiatives. I think we have a role model in the form of Tatas as a group. Can each large corporate of over INR 100 crores of PAT contribute 10% of their profits (post tax) for a better India? Remember this 100 crores of Profit is gained from your country – India, a key stakeholder in your company

This sounds achievable and real. I am sure it will take a lot of beating from the corporate world, the babus, and politicians. But what the heck? If this is what the country needs, we got to do it.

Is India listening? Here’s over INR 300,000 crores recovered from the deficit!

Thursday, April 9, 2009

Of Muthaliks, Tytlers, Sajjans, Modis, Yadavs, Vaikos and Varuns

Faces of India. People of the soil. Indians by birth and spirit. Those who pledge to dedicate their lives for the betterment of the citizens of the country.

A CEO of a small enterprise Talibanizes women in a pub in Mangalore and is campaigning for a national party to swing vote banks in their favor. A case study of outsourcing of Taliban forces for Politics.

Two CXOs/unit heads who were witnessed in a negative way in the 1984 riots has got a clean chit from CBI and tickets to the current Lok Sabha elections.

A CEO of as state drives a riot and refuses the act like a coward. Ignites religious citizens to stand for him and pushes industry stalwarts to vote for him as the PM of the country. He is the biggest leader today of a national party.

A CEO of a state party is convicted for murder and pushes his wife to the frontiers of politics to keep his legacy in place. His wife defends him like any other Indian Biwi. A party gives her the ticket.

A CEO of a small organization in Tamil Nadu, wants blood bath in India if a CEO of a terrorist organization in a neighboring country is touched. The entire state CEOs of parties are implicitly and explicitly supporting the carnage.

A young, aspirant CEO takes to the streets with one of the most atrocious religious remarks. A large national political party is supporting him more every day as time flies by. Every other CEO in the political process is taking advantage going against him or for him.

My question comes here. Why are we after the poor guy… Ramalinga Raju? Should not the courts take charge of punishing the above mentioned CEOs who have had a life threatening and homicide impact on Indian Citizens rather than a small culprit who has cheated a few investors?