A few days back, the world population touched the 7 billion mark. No wonder the debate has gained momentum about how this growing population would put unprecedented pressure on already scare resources. The riots over food (in Egypt), water crisis and deaths due to curable diseases in developing countries have raised concerns over the population explosion. With the 7 billionth living child hailing from a country like India (and some other nations, symbolically chosen by the UN), the blame of populating the world and causing the global crisis is being shifted back to the developing nations and citizens of the Third World! But then, the moot question is – is the earth really not ready for 7 billion people and is nature really stretched for generating resources for all? Are the citizens of developing nations consuming more and is the population expansion in these countries the real reason behind the growing resource crunch? Last year in August, Obama blamed India and China for the global food prices hike and commented, “As you see more and more demand placed on our food supplies around the world; as folks in China and folks in India start wanting to eat more meat and commodity prices start going up...” In 2008, a Wall Street Journal article concluded how human population growth will get limited with “the rising consumption trends of large developing nations such as China and India.” On hindsight, the answers to the questions I asked one paragraph above are – as often touted by heads of developed states – yes! But then, the analysis reveals a completely different picture. The stark truth is that the total food grain consumption of an average American is more than 5 times that of an Indian (per capita Indian consumption of food grain is 178 kg per year, while it is 1,046 kg for an American) – this was revealed by the US Department of Agriculture in 2007. According to the same source, an American’s grain consumption per capita per day is thrice as much as an average Chinese’s! According to WHO, the per capita per day grain consumption figure for the developing countries is a measly 2681 kcal in 1997-99; estimated to be slightly better in 2015 at 2850 kcal – while the developed countries were way ahead with 3380 kcal as far back as in 1997-99, a figure that’s expected to be 3440 kcal in 2015. The most repugnant situation is in sub-Saharan Africa which has a per capita food consumption as low as 2195 kcal; South Asia has a slightly better figure of 2403 kcal per capita per day! With a per capita per year food grain consumption of only 162 kg, Africa is a land of the hungry and destitute, and a showcase for the world to see the plight of the hungry in harsh contrast to the luxury of the developed world! The entire hypothesis gets more transparent with the fact that the entire shortage and hue and cry over the food crisis is a gift of the West. Researches by Stockholm International and the Food and Agriculture Organization show that the world is not facing any food crisis; but in reality, the food crisis is due to wastage of food. The total food produced across the world is enough to feed the world comfortably. A 2002 report by FAO substantiates the above hypothesis by stating that across the globe, “agriculture produces 17 per cent more calories per person today than it did 30 years ago, which is enough to provide everyone in the world with at least 2,720 kilocalories (kcal) per person per day...” A Stockholm International reports states that US alone wastes around 30 per cent of food and water that can fulfil the needs of around 500 million people – or shall I say, a figure equal to the population of a country like Singapore or two Botswanas or four Swazilands for that matter. As per the latest study conducted by the Swedish Institute for Food and Biotechnology (in 2011), the total food wasted by consumers in developed nations is equal to the entire food produced in sub-Saharan Africa. For the uninitiated, around 239 million people sleep hungry every night in Sub-Saharan Africa. Read More.... For More IIPM Info, Visit below mentioned IIPM articles.
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United States’ finely tuned images of ‘land of opportunity’, ‘land of the free’ and ‘home of the brave’ – all have in recent time received a major jolt with protestors pouring in from all over the country in thousands. It is probably the biggest protest since anti-Vietnam-war demonstrations in the 70s! Finally their police are finding it tough to control their own people. This time they are failing to smoke them out, because the enemy lies in every other house. I wrote about the coming end of capitalism – the way we know it – in 2008 itself as an aftermath of the latest recession that has hit the world due to its blind belief in free market profiteering and was surprised why (despite people around the world, from countries in the Middle East to a laid back country like India, showing a tendency to come out on the streets to press for their rights) people in the western world were delaying coming out in the streets to press for what was their right – the right to stable and dignified living. But finally the streets in the western world are slowly starting to look like streets of Egypt, with thousands out on the streets, protesting against the shameless profiteering of the Wall Street – the symbol of capitalism at its greediest best. It is a movement of the working class – which forms overwhelming majority of the American population – being deprived, ignored and cheated by the greedy corporations, which forms the top one per cent of the population. The growing protests that have spread its tentacles all across the nation indicate a serious problem in the financial districts of the American cities. The conservatism that has put unchecked and deep crony capitalism to almost heavenly pedestal is the root cause for such economic injustice, which has literally forced thousands to come out on the streets to protest. No wonder, the gradual transition of American capitalism to crony capitalism is a result of inherent shortcomings that the financial system and capitalism on the whole has been experiencing since decades. For the last 30 years, the United States is suffering from erosion of jobs and corporate big shots renouncing the values and spirit that once made America as great as it is perceived today because of short term profits – a classic case of uncontrolled deregulation practised in this crony capitalist system. This system has made a class of minuscule super rich even richer, driven by the Wall Street, but has marginalised the vast majority who faced the albatross of dead end jobs, lay-offs, lack of future and other destruction of the very tenets of any functional democracy! One of the reasons that led to this out-cry is irresponsible lending by the banks and very high consumer debt. It has eroded the purchasing power of the common man. Lack of consumer demand is halting new investments and preventing new job creation. Obama’s steps to steer the economy to safer ground – mortgage refinancing, healthcare overhaul, student’s loan minimisation programmes – have not seen any breakthrough so far. The reasons are Republican’s opposition and consequent blocking of government’s intervention in the economy. The Gini coefficient (that measures the income divide in a country) of the US is at par with that of undeveloped countries of Africa like Uganda. In 2010, the top 20 per cent of all Americans owned 49.4 per cent of the nation’s income. The top one per cent of all Americans owned 40 per cent of the total wealth of the US and 24 per cent of all income – most importantly an increase by 31 per cent in the last four decades. Moreover, in these four decades the income of wealthy Americans have increased by 300 per cent while that of middle class has increased by merely 20 per cent and that of lower strata by merely five per cent – thus increasing the Gini coefficient from 39.7 in 1967 to 46.0 in 2005. A report by IMF titled ‘Leveraging Inequality’ published back in December 2010 concluded that ‘long periods of unequal incomes spur borrowing from the rich, increasing the risk of major economic crises’ in the way it did during the Great Depression of 1929 and the Great Recession of 2007. This income gap kept many poor Americans away from schools and proper medical facilities, eventually affecting their productivity and income per se. The executives at the Wall Street enjoyed hefty pay packages and impressive compensation while others had to struggle for a decent salary. Studies show that in 2004 the top 25 highest paid hedge fund managers on Wall Street collectively earned more than the combined income of all of the CEOs from the top 500 large-cap American companies. The employment rate still lingers around 9.1 per cent with 4.5 million people still unemployed, which is at a historically high! More than 6,000 protestors gathered on October 15, 2011 at Times Square and around 100 were arrested after the protest went violent. The protests have just been gathering steam. Chicago police also arrested more than 150 protestors. Similar phenomena was seen in London too and the police had to debar people from entering Paternoster Square (London Stock Exchange). The protests have crossed the domestic borders and reached almost all the continents of the world. Recently protestors were found displaying their anger outside Reserve Bank of Australia. Similarly, protest rallies have graduated into violent riots in Rome and other European nations and more than 100 protestors were arrested. People also got violent in Japan, Hong Kong and Korea. Read More.... For More IIPM Info, Visit below mentioned IIPM articles.
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This December, I am supposed to be speaking on education in a summit in Africa. As I was researching on what to speak, I realized that while the entire world is leapfrogging to state-of-art technology to impart education to their children, there are a few unfortunate countries – rather, almost an entire continent – still struggling with blackboards and chalk pieces. On the one hand, developed nations are all set to impart knowledge through varied technology platforms, and are modernizing their syllabi to suit the new learning curves; on the other, we have Africa, a continent that has still not been able to teach basic reading, writing and arithmetic to its children. The continent is still lagging behind the rest of the world in school enrollment – evidence to the fact that dramatic global improvements in education haven’t touched the continent yet. In the last 40 years, while most of the world improved its enrolment trends by leaps and bounds, Africa could only showcase discomforting educational profiles – only about half of Africa’s children are enrolled in primary schools, most drop out; and more than 60 per cent of the adults and over 50 per cent of women are rank illiterates!With these kinds of figures, Africa doesn’t stand a chance to harness its human capital, leave aside meeting the challenges of the 21st century. There are 15 countries (Angola, Burkina Faso, Chad, Djibouti, Eritrea, Ethiopia, Guinea, Guinea-Bissau, Liberia, Mali, Mozambique, Niger, Rwanda, Senegal and Somalia) with less than 50 per cent school enrolment rates – these have been targeted by the UN System-wide Special Initiative on Africa, by providing educational support for a ten year period. The focus on these 15 countries has become an imperative as their performance in education has been appalling. Enrolment of boys in these nations ranges from 23 per cent to 49 per cent and for girls the figure ranges from a pathetic 13 per cent to 31 per cent! The plan of action is being prepared separately for each country taking into account the fundamental problems of educational access for each of them. The mesh of problems includes very poor students-to-teacher ratio, unqualified teachers and poor provision of text books. This has engendered poor learning methods and poor learning accomplishments. Further, the apathetic governments are doing little to bridge the rural-urban divide and the gender gap (In a set of 19 African countries, female literacy was found to be below 30 per cent). The penetration of educational institutions in rural areas has been a major blotch – with figures suggesting that more than 80 per cent of children without the access of education live in the rural areas. The widespread HIV (even amongst children) epidemic in mostly rural belts has spelled its curse on education too. Western and Central Africa is the worst hit with food crisis, epidemics, violent conflicts, and natural disasters – all have a cascading effect on enrolment rates. On top of that various social taboos and ills, like early marriages, sexual aggression on women and early pregnancies have contributed to gender disparity on education. The little rise in enrolment rates among children is often offset by poor retention rates and early dropouts.Yes, rising enrolment in higher education lately has been a silver lining for Africa. At present, there are 4 million students pursuing higher education in the continent – that figure can’t be compared when viewed relative to other developing regions in Asia and Latin America. But even among the students pursuing higher education in Africa, there is a low Students’ Course Completion Rate as pursuing education becomes unaffordable to many and hence they drop out. The dropouts are becoming more common because of budget constraints – because unlike in the past, the impoverished African states cannot finance the educational programs anymore; as a result of which, they are increasingly getting dependant on IMF, which puts forward the capitalistic conditions of cost sharing. This is increasing the number of students who need to self-finance themselves! Sensing the opportunity, private players have started mushrooming; with more than 450 ‘private’ colleges and universities in the continent today. In spite of this progress, the millions in need cannot avail of this opportunity as the cost for such programs is beyond their affordability. Besides the high cost of private education, ‘donations’ are also rampant across Africa. Around 90 per cent of parents in Morocco for example pay extra money to get their children admitted to schools. Read More.... For More IIPM Info, Visit below mentioned IIPM articles.
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A magazine in 14 languages? Everyone even slightly serious about media – the seniors in the fraternity included – had genuinely laughed when we had bounced the idea off them! They gave tens of reasons why the idea was not worth it and why the same would not be successful. The reasons given were very logical ones though. We don’t want to undermine anyone’s intelligence or reasoning; but they were totally right in their own ways and were not trying to pull me down. They were trying to be helpful... it was just that our definition of success differed from their definition. As our magazine The Sunday Indian completes five years, I can say that financially, we haven’t yet become successful – so all of them were right. We started breaking even as a media house only one month ago, after about seven years of struggle. It has not been an easy journey. But financial success was never our benchmark of success. For me, personally, success is always a competition with self-imposed standards of excellence. And if I am convinced that excellence has been achieved, then I go into the market and fight it out against all odds. Thus, we have always believed in striving for world class and then going all out to market it. We have failed when the product failed to live up to the expected standards; but then, we’ve reworked and bounced back. Our institute fought out and won against the biggest of established names despite being tagged rank outsiders! Our movies did the same! And now our media house is doing the same! Losing or winning is not success. Success is the courage to undertake great journeys. And this has been our toughest, and therefore greatest journey! Personally, I loved being called a guy who knew nothing about media; even being told that our media venture was a joke! And all this by very senior people I respect a lot, even today. Again, the gentlemen who said these things didn’t know what we had set out to achieve. So they were right in their own ways. We did know less about media – especially the dirt in it. Truthfully, I didn’t know anything about media the way others knew. For me, media has always been a vehicle to take a message to the larger masses – something that is not told by those who want to maintain status quo in the name of media. The discussions and debates in accented English that we were having inside the walls of IIPM classrooms, we wanted to take to those who were outside the classrooms in their mother tongue languages. Inside the classrooms, we teach around sixty students in one go; through media, we could reach out to six lakhs! And hopefully one day, sixty crores. Media is to us a way of teaching the reality of things all around in simple words, in the language closest to the hearts of the people. We are teachers and not just reporters. So we have never believed in giving news alone. We have given news that has been opinionated and that has clearly taken positions; positions which are honest and committed to the masses regardless of being left of the centre or right. Despite our hearts being in the left of the centre, we ripped apart the Indian Leftists when they went wrong; and yet, didn’t waste moments before supporting them wholeheartedly when they went against the government on the nuclear issue. Only the Leftists as per us had the intellect to call a spade a spade in the midst of sold-out politicians in general. We have felt Sonia revived the Congress and was doing a great job in her last run. And yet, this time we have ripped through her inability to tackle corruption, and that too almost inside her own house. We went the complete mile in supporting Anna’s crusade; yet, minced no words when we felt that he needed to be less stubborn. We praised Modi for his exemplary work in Gujarat... And yet, we showed our extreme disappointment that the BJP could not take advantage of the massive opportunity they got during this endless phase of corruption-related exposes within the Congress. All in all, I think not a single politician can say that they could predict our stories or that they could get a story planted in our magazine. Being outsiders has its advantages. We are accessible to none – and party with none. So we are completely unbiased and hard-hitting when it comes to bringing truth to the front. Read More.... For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
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The saga of shame of the Indian Commonwealth Games continues as more and more shameful skeletons tumble out of the cupboard. And it only makes my heart cringe. More so because I believe that sports is literally one of the key routes to a healthy nation. From child health to adult health – both physical and mental – sports has a great role to play, especially in today’s day and time where children are getting addicted to videogames and to the internet. To me, personally, the Commonwealth Games event – good or bad – was in reality a great opportunity for India to develop the Indian sports scene. Instead, we found it a great opportunity to plunder more and more money. And that’s what forces me to take a look at how the Chinese used the Olympics as a great leap forward and how they have over years made sports a way of life. Compared to the Indian games, the 2008 Beijing Olympics actually spoke volumes about China’s commitment to sports. Not only did China refurbish the entire host city to welcome the game and honour the sport at large, but it also set a new record in its medals’ tally. But what was most noteworthy was the leap that China has taken in sports over the years. This unprecedented transition in Chinese sports gets largely visible when one compares the first ever entry of the Chinese to Olympics, vis-à-vis the way they stole the show at the 2008 Olympics. In 1932, during the Los Angeles Olympics, the Chinese representation was just a lone athlete who represented 450 million Chinese and came back home empty handed. Their tryst with the first gold medal happened 52 years later, again in the same venue; and from there on, there was no turning back. And finally, in 2008, a nation which was considered an underdog in many events previously, shocked the world by topping the medals’ tally with 51 gold medals (a jump from 32 gold medals in 2004 Athens Olympics and 28 gold medals in 2000 Sydney Olympics); they were followed by the US which had just 36 gold medals! But then, this jump in the medal tally didn’t happen overnight. China started preparing its athletes for this event even before they started their infrastructural development (unlike our preparation, where during the CWG, neither was the infrastructure ready, nor did the sportsmen have space and facilities for training). As soon as the nation won the bid for hosting the 2008 Olympics, the government announced its most ambitious sports plan called “Winning pride at the Olympics”, which defined the number of gold medals China could possibly win in different events – after analyzing the strengths and weaknesses of their athletes. The government laid down clear cut policies and strategies to target sports and the number of gold medals that China needed to win in every sports event! The country also launched Project 119 and Plan for Olympics Glory – something that is very unique and equally strategic. The project defined how China could win 119 gold medals (a figure that was later increased to 122) based on their performance in the 2000 Olympics (as the bid for 2008 was won by China in 2001). The flow of funds was never a constraint. During the Olympics, the sports budget was increased to $700 million (an increase by $300 million) along with building specialized sports infrastructure at the Qingdao City costing $30 million. Interestingly, all women sports events received huge funding and got special attention (this is rare even in the West). No wonder, China won 46 gold medals in the ladies’ events (including team and doubles) in the 2008 Olympics! Read More.... For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's WebsiteIIPM Proves Its Mettle Once Again....------------------------------------------------------------------------------------------------------------------
The strength of the Chinese population can be gauged by the very fact that today around 19.3 per cent of world population is Chinese. But then, such a figure based on the law of averages hides more than what it reveals. The figure that talks volumes about the Chinese sphere of influence, at least with respect to human capital, is that of 50 million plus overseas Chinese who are settled in various parts of the world and playing their bit in accelerating the fast-paced Chinese economy. Today, overseas Chinese not only pump money into the Chinese economy but also facilitate Chinese ambitions of global cultural and political colonisation. Overseas Chinese have made themselves inimitable in almost all spheres of influences – from heading many hard power areas by chairing vital positions in global forums, military and political institutions of many nations to being the face of various soft power areas of influence. One may not be well versed with the Chinese powers-that-be, but at the same time, very few would be not well versed with the likes of Jackie Chan! The emigration of Chinese dates back to the Ming dynasty, but the real wave of Chinese diaspora started in 1840s when thousands of Chinese left China and made their way to the United States, especially after the discovery of gold in California. Initially, uneducated and unemployed Chinese labourers left their homes and moved to the US (for mining and railroad jobs); but then, during the late nineteenth century, the scenario changed. Instead of labourers, those were skilled and educated Chinese who moved out to avoid the ill effects of poverty and famine – which were haunting China in the late nineteenth century. However, this time the destination was not confined to the US or the West; many Asian nations suddenly made it to the destination list of Chinese. Among all the nations, Southeast Asia and Australia (apart from US) attracted the most Chinese. With more and more Chinese moving out of China, most of the big cities across the world saw a huge inflow of Chinese. Gradually, these people moved and settled down in a more organised manner and formed strong communities across the globe. So much so that most of the renowned cities (in almost all nations) have a China located somewhere – which today we call ‘Chinatown.’ Read More.... For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's WebsiteIIPM Proves Its Mettle Once Again....------------------------------------------------------------------------------------------------------------------
Recently, in terms of Gross Domestic Product (GDP), China toppled Japan to secure the second position globally, after US. In fact, China was very close to achieving this feat the last year itself, but fell short at the last moment. As per reports, if China keeps growing at its current pace, then by 2025, it should topple the US to become the largest economy of the world. Who could have imagined that an economy, which was languishing till about three decades back, has put itself in such formidable position? What is even more amazing is the fact that at a point in time when the world economy is still recovering from the global recession, China kept on growing. The growth has been such that in 2005, it first overtook Britain and France; then in 2007, it surpassed Germany to secure the position of the third largest economy of the world. It is not that the growth did not bring in iniquitous distribution of wealth; but then, at the same time, China has managed to pull out a staggering 600 million people out of poverty – a record which no other country has achieved so far. Going by media reports, it doesn’t seem that many experts are appreciative of the Chinese growth. In fact even now, most in the developed world still cannot fathom the fact that China can be a serious contender in the new economic order. Much of this is owing to the fact that irrespective of its number 2 position, China still remains a developing country, as its current per capita is still 10 times lesser of that of Japan. But then, what most miss out on is the fact that China is in no hurry to prove itself. China has moved step by step in terms of consolidating its position. They have never bothered about the criticisms that they faced on humanitarian issues, or the kind of global cynicism that they faced by keeping their currency purposefully undervalued. Their objective has been very clear – which gets reflected in the manner in which they have planned every step. From the very beginning, China has been extremely scientific and systematic in its approach. And more than that, the growth has come out of great sacrifice collectively made by the Chinese citizens. China has systematically moved people into manufacturing and today China manufactures almost half of the global produce. Thus today, a Walmart retains the topmost position in the Fortune list by selling goods that are being made in China. And all this has not come in a day. It has been an outcome of years of planning. China today boasts of an investment which is a mind numbing 40% of GDP! Even at its peak, the US managed around 18%. Even countries like ours are managing 18%. Additionally, the Chinese investment mobilization has been far more prudent than any other country’s efforts. They have systematically invested in infrastructure, which not only created jobs, but also helped in creating a world class environment for trade. But then, their biggest credit has been in terms of the investments that they made in education. As per reports in 1998, around 3 million students were undertaking Chinese higher education; this increased to around 8 million in a matter of just 4 years. And investments have just not been in higher education – starting from English training, to vocational training to the investments that they made in science and technology. Such has been the outcome that their investments in education alone add up to almost 6% to their growth; and this would be sustained over a period of time. Today, China produces patents, the number of which is only second to the US! Not just this, they received severe criticism from all quarters when they pro-actively went ahead with their engagement with Iran. They did so not just with Iran to but with Sudan as well, for they knew that energy security is key to their dominance in global trade. Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website------------------------------------------------------------------------------------------------------------------
I wonder what the US would have done, had a Bhopal like tragedy happened out there. If on account of the terrorist attack on the World Trade Centre– which unfortunately took 2995 innocent lives, including that of not-so-innocent 19 terrorists, and injured almost 6000 people– they demolished a complete nation in search of one individual, I wonder what would have they done if someone’s negligence had killed a staggering 22,000 innocent people, including children and women, and had caused permanent damages for another 120,000 people and affected some 5,50,000 people in some way or the other! If something like this would not have triggered a demolition drive, like they did in the former case, just on account of the merit of the crime (as World Trade Centre was an orchestrated crime and Bhopal tragedy was a criminal negligence), I am sure they would not have let any nation safeguard the perpetrator of the crime, like they have been doing with respect to Warren Anderson, the former CEO of Union Carbide India Limited, for so many years. In fact, no other nation would have left the US to be at peace, had something similar happened with them. But then the US cannot alone be blamed for such duality, as they can take such an audacious step only when the nation in question is India. It is outrageous that the Indian government allowed Anderson to flee, post the tragedy! It was the intervening night of 2nd and 3rd of December of 1984, when a Methyl Isocyanate (MIC) and other toxic gases leaked from the Union Carbide India Limited factory located in Bhopal– turning a sleepy town into a morgue, almost overnight. The tragedy has been recorded as the worst industrial disaster in recorded history. It is just not that scores of people died on the spot, but the ones who survived succumbed to permanent fatal injuries, forever. Thousands became orphans and homeless and in a matter of hours an entire generation became the victim of someone’s blatant negligence. It was not that the effects of the lethal MIC were unknown to the perpetrators, nor was it that the union at the UCIL never notified the hazards of the leak much in advance, but nothing was done to mitigate the same. It has been a conspiracy wherein everyone, starting from the US Administration to the government of India to the local state government– has been hand in gloves with each other. Otherwise, how can one explain that immediately after the tragedy, the key culprit, Warren Anderson, was arrested and was immediately released within a matter of two days by the Madhya Pradesh police? How can one explain that he was conveniently declared a fugitive when he audaciously did not bother to revert to the CBI summons? How would one explain that even after he was declared an absconder by the court, the government still remained silent for almost ten long years! And finally, when the government woke up in 2003 to do a formality by sending an extradition order, the US government conveniently denied the request! Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website------------------------------------------------------------------------------------------------------------------
WILL ONLY MAKE THEM MORE POWERFUL!I was in Cannes this year for the annual film festival! The day after the inaugural show, was a symposium on Indian flms. While speaking at the symposium, I said that the West better take India very seriously as sooner or later, in any case, Indians or Chinese will be owning all the major Hollywood studios, since they are mostly bankrupt and on sale. At the end of my speech, most people who came up to me seemed disturbed by my statement! Many asked whether I really meant that statement! Well, I surely meant that! One look at the global rich list today and you will see how it has been stormed by the Indians. The reasons, as I said in one of my previous editorials, is of course more to do with the way Indian governments have helped privatise national resources than encourage real brand building abilities – (‘Blood billionaires. Scam Billionaires. Indians storm into the Forbes billionaires list’; December 23, 2007). The best proof of my statement is that when it comes to the world’s top hundred billionaires, we have a lot of Indians; but when it comes to the world’s top hundred brands, we don’t find a single brand developed by Indians. However, that, I believe, is going to change – at least partially. Tatas already own Jaguar and Land Rover. And they are seemingly turning the units around. So even if we didn’t create brands thanks to the Kalingas, Singurs and Poscos, our industrialists have been made billionaires by successive governments so that they can now buy up readymade brands and build upon them. Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website------------------------------------------------------------------------------------------------------------------
My heart goes out for Mumbaikars! They face the worst of crisis time and again, despite being in the midst of plenty. Mumbai is our industrial capital and India’s richest live there. People come to Mumbai from all parts of India with dreams in their eyes to strike it big. Not that all of those dreams come true – 40% live in the slums of Mumbai. Yet, many strike it big and dreams do get fulfilled. More importantly, everyone is on the move and working hard – rich or poor. It’s in their culture. But then, from blasts to water clogging, issues just keep testing them and trying to slow them down – the latest one being their unending month-long water crisis, which is hitting everyone in the city, rich or poor. In the biggest and swankiest of buildings, there is hardly any water and people are now going to work very often without taking bath. Water comes from tankers and that too for a few hours only. The whole day, taps have no water. Tankers too are not easily available and there are offices where the lavatories haven’t had water for a week and are stinking! Overall, the situation is very bad. The lakes nearby from where water can be obtained are at near empty levels with hardly any water that can be taken out. And now, if the monsoon is delayed by even a week, the city will be facing its biggest challenge ever... Of course, the fact that now all society water tanks have high lead content thanks to the tankers – which themselves are high in lead content – doesn’t make things easier. With water coming to its lowest level around Mumbai, finding clean water has become near impossible. Needless to say, there will be a significant rise in health related problems cropping up soon. As usual, the government sits and gapes and is always caught unawares. Every year during rains, water floods the streets – people die. Still, the condition of the roads doesn’t become better. There is no process of seeing to it that one year down the line, the same issues don’t crop up. That doesn’t happen. It’s the same with water. Millions of litres of water are wasted because of leaks and theft s. Rain water harvesting is not something that has ever been encouraged or has any public awareness. The situation looks quite helpless. People are somehow managing, but the worse could just be round the corner. In Australia, where drought is common in the biggest of cities, the water conservation drive is so huge. But such drives in India are hardly there. Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website------------------------------------------------------------------------------------------------------------------
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