Economist article – Indian Nationalism at Kashmir

This is a good analysis of BJP’s recent activities in Kashmir.  Though I don’t agree completely with content, I do admire the way it’s analyzed.

Must read, following is the link:

http://www.economist.com/blogs/asiaview/2011/01/indian_nationalism_kashmir.

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Data Privacy Day – Why India needs Privacy Laws?

 

Do India need Stringent Privacy Laws or Industry self-regulation is enough?

 

Data Security Council of India (www.dsci.in) is celebrating under its umbrella, Data Privacy Day on January 28, 2011.  While they propagate through their efforts with India’s central ministries to come up with framework on Data Privacy Laws for India, I just came across an incident which calls for the urgent attention for the lawmakers to frame the Privacy Law for India.

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Magic of Governance!!!

For the first time, we came across the situation that challanges the basic laws of ‘Economics’…

Need‘, ‘Comfort‘ and ‘Luxary‘ are sold at same price in India… how???

Onions = INR 65 ;  Petrol = INR 65 ; Beer Can = INR 65

Cost of Need = Cost of Comfort = Cost of Luxary    🙂

 

(thanks deepak for enlightment)
 

Is it time to acknowledge the Gujarat ‘miracle’?

A article on Gujarat aptly represent the Gujarat… kudos to writers… must read…

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It is a commentary on the bizarre priorities of our information order that investment commitments totalling $450 billion, equalling nearly one-third of India’s GDP, are either ignored or put on par with anodyne political statements. This, however, is not the occasion to lament the lack of even-handedness in the treatment of anything remotely connected to Gujarat chief minister Narendra Modi . It is the time to celebrate something that is fast becoming undeniable: the emergence of Gujarat as the economic powerhouse of India.

Last week, there was a stark contrast between a Gujarat bubbling with optimism and the rest of the country despairing over economic mismanagement and missed opportunities. It is not that all the MoUs signed at the fifth Vibrant Gujarat summit will be translated into reality. Many will remain paper commitments. But when the who’s who of Indian industry line up to proclaim their faith in Gujarat as a wholesome place for investment, having already put their money where their mouth is, neither India nor the rest of the world can afford to be in denial.

The proclamations of faith in Gujarat are all the more meaningful because they have been made despite the Centre’s unremitting displeasure with anything that could bolster Modi’s credentials. Modi doesn’t usually win awards for being the “Reformer of the Year” or for innovative governance. In fact, he doesn’t even make it to the shortlist. But he has invariably secured an unequivocal thumbs-up from those who have a real stake in the emergence of India as a world economic power.

The skeptics, who insist that the rise and rise of Gujarat has little to do with the state government, are partially right. Entrepreneurship and business are part of the Gujarati DNA, a reason why Mukesh Ambani stated that Reliance Industries has always proudly cloaked itself in the Gujarati business ethos. But Gujaratis have been under no obligation to sink their money into Gujarat: from Dholera to Durban, the world has been their karmabhoomi.

The reason Gujarat has registered the highest, double-digit GDP growth in the past decade owes much to the targeted, business-friendly approach of its government. Four features stand out. The first is quick decision-making—what Modi has dubbed the “red carpet, not red tape” approach. Ratan Tata, for example , recounted how the land allotment for the Nano project was completed in just three days, a quick-fire decision that has fetched Gujarat some Rs 30,000 crore in Tata group investments and direct employment for some 50,000 people.

The second feature is the curious phenomenon of the near-absence of political corruption at the top. Even Modi’s worst enemies will not deny that the chief minister’s fanatical personal integrity has had a salutary trickle-down effect. Irritated by politically inspired extortion, industry has identified Gujarat as a place where it is possible to do ethical business.

Third, Gujarat since 2002 has been marked by social peace. Particularly important for industry is the absence of rural unrest, which unseated Tata Motors from West Bengal and is now so marked in Maharashtra and Karnataka. This is because Gujarat has bucked a national trend and is witnessing high growth in agriculture—last year the sector grew by 9.9%. This means that farmers now have a stake in the larger prosperity of the state and aren’t swayed by populists and Maoists.

Finally, the growth of Gujarat has been spurred by a philosophy of “minimum government and maximum governance”. In plain language , this means that the state government has concentrated on creating the infrastructure for growth and left it to the private sector to get on with the job of actual wealth creation. In Gujarat, politicians don’t talk the language of class conflict; they too mirror the preoccupation with dhanda (business). So all-pervasive is the respect for enterprise that even the children’s amusement park in Ahmedabad has created kiddie games centred on the use of virtual money!

The extent to which this vibrant Gujarati capitalism will benefit Modi’s national ambitions is difficult to predict. But one thing is certain. As Gujarat shines and acquires an economic momentum of its own, more and more businesses will find it worthwhile to channel a major chunk of their new investments into Gujarat. The Centre may not like the resulting uneven growth but the alternative is not to thwart Gujarat by political subterfuge—such as preventing public sector banks from engaging with the state government and the whimsical use of environmental regulations. Gujarat has shown that accelerated and sustained growth is possible when the state plays the role of an honest facilitator, rather than a controller.

Modi didn’t create the Gujarati character; he was moulded by it. He merely gave it a contemporary thrust and an ethical dimension. If politicians focused on these, India will be a much better place.

Source: ET – http://bit.ly/gV4jTY

Vibrant Gujarat 2011

Vibrant Gujarat has been a very good initiative for the progress of the state (even though critics might question the amount being invested vs being signed on MoU table).  It has been an event which boosted the self-motivation of the locale to believe in what is not called as ‘Brand Gujarat’. 

It has been a one of the strong foundation of the ‘Development Politics’, and no matter if someone doesn’t wants to give it a credit for BJP’s (can read Narendra Modi’s) win in Gujarat.

Yes, I do agree that the numbers declared at end of previous summits would not be correct, or have not been translated to actual inflows but, even by pessimistic approach, 10% of those numbers looks at very good investments being attracted within a state.  This by me is definately a very good achievement.  Do remember, I am still not counting on the intangible benifits like self-motivation of locals, attitude shifts of investors for Guj based start-ups,  infrastructure like new airport terminal, road side guide-boards, excellent exhibition centre like mahatma mandir…. and list goes on!!!

All said and done, I am sure this Vib Guj 2011 would surely be another game changer as this time, its not only Guj showcasing its mights its 19 Indian State up to provide investor friendly opportunities.

To the organizer, I would just have a request to make: if you are looking for corrouption opportunities, please go ahead, but make sure you do honest effort to convert those MoUs into execution as I know that honest effort is going to be life changer for ‘a common man’…

here is an article which speaks about the Vib Guj 2011.. happy reading and commenting…

 

30 MNCs, 16 countries – Gujarat gears up for investor summit 

From an event to garner investments for the state to an international platform for global business investments, the fifth Vibrant Gujarat Global Investors’ Summit 2011 begin today with participants from 30 MNCs and 16 countries.

The two-day biennial event, which will be inaugurated by Chief Minister Narendra Modi, is being held at the new Mahatma Mandir erected at a cost of over 100 crore in this state capital. Representatives from nearly 30 MNCs, 16 countries and 19 Indian states will showcasing their wares and participate in a broadsweep of workshops and seminars to discuss investment opportunities.

 
The new convention centre, spread across a 60,000 sq metre area, has a seating capacity of 5,000.

The theme of this year’s event is to make Gujarat a “Global Business Hub”, an official spokesperson said here Tuesday.

With Japan and Canada as country partners and multi-national and Indian corporate heads marking their attendance, the summit will have 18 focused areas. They include chemicals and petrochemicals, engineering and automobiles, environment technology, financial services, agro and food processing, gems and jewellery, healthcare, knowledge, mines and minerals, ports and shipbuilding and related industries, tourism and urban development.

All these sectors will be covered through seminars.

The tone for the main event was set with a line-up of events beginning Monday when the five-day International Kite Festival was flagged off on the Sabarmati riverfront in Ahmedabad. Later in the evening, Modi also inaugurated a mega-exhibition in Gandhinagar, called the Global Manufacturing Technology Show (GMTS) to provide a platform to the Small and Medium Enterprise (SME) sector.

Around 200 companies, 16 countries and 19 states are participating in GMTS, which ends Jan 18.

According to officials engaged in the planning and execution of the summit, the Gujarat government is pulling out all stops to better its record of memorandums of understanding (MOUs) worth 12 lakh crore that were inked during the previous investor summit held at Ahmedabad in 2009.

According to sources, MOUs worth 20 lakh crore are expected to be signed at the summit this year. The signing spree began Monday with 74 MOUs being signed at the round-table of academic institutions.

Delegates from 25 universities of nine countries discussed the possibilities of educational collaboration and exchange programmes.

Source Link: 30 MNCs, 16 countries – Gujarat gears up for investor summit.

Ways to make office Greener!!!

With the world taking of Green and GW aka Global Warming… here is an article I came across says something to curb @ our offices!!!  Enjy reading & commenting

10 ways to make your office green-Technology news- Bangalore: Everyone loves to be in an eco-friendly environment and with this spirit of going green; most of us have taken various environment-friendly

via 10 ways to make your office green – Technology news.

A story behind the inception of this blog!

It has been sometime now that I have been thinking of writing my own blog, a blog where I would write only about what I think about the world events, mostly politically and economical. With that at mind I thought of writing this blog…

When I was a young (at age of course, at heart I am still), I had a developed a habit of reading newspapers and articles, largely due to my father’s habit of reading newspaper with morning tea, and that had developed an ability to put the pieces together an derive my own analysis…  It was using this ability only, I during my school days I was known for the information I had regarding almost every thing concerning that days… (You can feel free translate term ‘information’ as ‘gossips’ also….)

But as I grew older (read younger…) I realized that my initial analysis were actually seeing light of the day and that I should concentrate in doing this more often for me to believe in it… and then it came a day which was going to make me believe in what I describe as my ability to analyze information….b’coz it had direct impact on my family’s life…

I was given a topic ‘Mergers & Acquisition in Indian Banking’ in early 2005 by one of our professor in M.B.A., along with three other bright colleagues, and like always the research portion came to me. It was then I discovered about the ‘CBS’ – Core Banking Solution and how it would be game changer in Indian Banks, soon to realize, how SBI can transform itself using the same. It was in that presentation along with other analysis, we presented the merger of associate banks (where my father worked) with SBI to happen for sure but only post 2008 (considering various political, economic and other factors) and it did… (Now my father is employee of SBI)

This story had embedded a force within me that I should always try to analyze and let live my ability to process information… This blog is going to be for the same reason; probably someone would use the information processed by me to make a larger impact to his/her life… I might not be able to write ‘Swaminomics’ but I can surely represent myself, another common man!!!  But on serious note, I do like reading, thinking and analyzing about events that directly doesn’t effect to anyone but indirectly create a ripple in water probably too strong to overturn us from the ‘boat’ called balanced life.

Another Common Man’, that is what I believe is my adaptation of RKL and it stands for my side of story.  I had over a long time believed that every event can be viewed by three ways… Firstly the Right one (here it will be mine and those agree with me), Secondly Wrong (those who don’t agree with me) and The Truth (something which is nearer to Right and Wrong or probably buried under time and probably will never see light of day)… So here I am writing the Right side of an event (my point of the world’s view) and request you to pen down yours to reach nearer to ‘the truth’.

Today, I am writing the first article (probably after almost two months of creation of this blog, due to my laziness in execution of what I think personal), going ahead I would surely post short analysis of information I come across… do wish me good luck!!!