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Showing posts from August, 2005

Reservations : Scrap &Rollback

Reservations of opportunities -- whether government jobs or college seats -- has become a national malaise. The idea was conceived in good spirit and as usually the case for any politically motivated activated, it has now generated into a thorn in the flesh of Indian civil society. Let us get the facts straight. (a) Years of reservation has had a very marginal effect on the overall rise on the standards of living of the scheduled castes. A few, clever and well connected members of these castes have derived benefits. (b) The national hue and cry that the political class has raised for preservation and extension of reservations is a cynical, opportunistic and immoral attempt to get into vote-banks. There is no second thought or ambivalence about it. When people like Mayavati & Lallu Yadav champion a cause, there cannot be anything faintly decent about it. (c) Members of the rational, civil society are unusually coy about calling this bluff, calling a spade a spade, because they hav...

Business Equity, reflections on ...

The corporate landscape, which the Economic Times has been mapping faithfully for the past quarter of a century, has been changing over time. This is, perhaps, a reflection of the tectonics of globalisation but if we look closely, certain underlying patterns become evident. We will classify these patterns in terms of “equity” and see how ET, over the years, has related to these. The Merriam-Webster Online Dictionary [the only one that I could quickly access from my internet connected laptop!] defines equity as the money value of a property or of an interest in a property in excess of claims or liens against it. Used loosely, it measures certain qualities that impart value to an entity. So what is that intangible that adds value to a business ? 1960s - Financial Equity : This was the trader’s world. Access to capital was the primary ingredient for the success of a business enterprise. This was the age of the “general order supplier” or whatever equivalent name you would choose to use....

Mangal Pandey : The Metaphor

A little slice of a very important part of India's history heavily garnished with the sights and sounds of an era, two cameo love affairs and A R Raman's haunting music all add up to a wonderful and romantic adventure : but oh how I wish it was three songs shorter ! That would have given this otherwise fabulous movie that cutting edge ... an edge that has been blunted by the director's desperate attempts to cut into psyche of the semi-moronic Bollywood fan for whom anything without "item numbers" will apparently not pass muster. I will not sure how long this movie will run in the theatres and if Bose : The Forgotten Hero ( and film) is any indication, then I will be surprised if it crosses two weeks, but I would recommend this movie for anyone who has a love for India's past and is keen to sit through the passionate recreation of tumultous era. In addition to the obvious charms of the delectable Rani Mukherjee and the sincerity with which Capt Gordon ( To...

Martin Luther & The Overthrow of the Incompetents

Have you ever wondered why administration in India never works ? Why is it that our electricity delivery network crashes every now and then ? Why is that our roads are never repaired in time ? Or for that matter they are dug up within months of being repaired ? Why is it that our disaster management is so amateurish ? Why is it that tax collection system is so leaky and extortionary ? The colonial 'exploiters' have left us to our fate more than 50 years ago and it is true that the colonial exploitation has been replaced by the exploitation of the criminal-corrupt but why is it that we cannot fight this cancer within ? Perhaps the cancer of corruption has gnawed us hollow but the most visible manifestation of this malady is the fact that we are ruled by incompetents. If you look closely enough you will realise that in most of India's institutions the people at the top -- or around the top, that is those who are in a position to take decisive action, are the ones who ha...