Arvind Kejriwal’s series of attacks reminds me of a tale by Hans Christian Andersen, ‘The Emperor’s New Clothes’, where two weavers design a new attire for the emperor that, they tell the emperor, will be only visible to those who are honest and loyal. The emperor subsequently dons the ‘attire’ to test his subjects’ loyalty, much to the amusement of his citizenry. Arvind Kejriwal, like the child who laughed at the emperor and dared to shout that the emperor is actually parading naked, is ripping out the false masks from the faces of many such self-proclaimed political and corporate emperors and has dared to show their real faces to the world.

Arvind Kejriwal’s storm of lethal revelations against the alleged corrupt political parties, Congress and BJP, has upset the tricky equations between the government and industry and their nexus that has been regularly facilitated by the incumbent parties. He has set the tone that is becoming increasingly uncomfortable and scary for mainstream political parties, who could have earlier afforded to patch-up over such common vices. It all started with the most coveted Robert Vadra. For years now, people in media and everyone else with an idea of things around, had been whispering about his deals. And it’s not just about DLF, but about many other big, realty companies! However, in spite of almost all real-estate owners and politicians being conversant with the Vadra-DLF knot, none ever tried to question this fixture. Arvind had the courage to come out with it in public and with proof! He reiterated that DLF granted favours to Robert Vadra wherein Vadra used black money worth Rs 500 crore to purchase properties. In return, DLF gave an interest-free loan of Rs 65 crore to Vadra and Co. Moreover, numerous discounted residential flats were gifted to Vadra and Co. in Gurgaon, Haryana. Given the fact that Vadra is closely ‘related’ with Congress, the party’s powers-that-be in Haryana gave land meant for public utilities (and from the green belt) to DLF with easy clearances for an express-lane as well.

After Robert, Arvind went out to less significant exposés concerning Salman Khurshid and Nitin Gadkari – though strangely, while the Vadra case was buried by the media in a couple of days, and Khurshid’s in two more days, Nitin Gadkari’s relatively less consequential business deals are something the media seems to have taken an excessive liking for! While the other allegations concern misusing public money, Gadkari’s seem more of private business dealings. However, corruption is corruption. And the biggest storm that was unexpected in the corridors of crony capitalists came on October 31, 2012. In a press conference, the activist-turned-politician Kejriwal tagged the Reliance-politicians’ nexus as crony capitalism – again, this was something everyone was always speaking of – and pointed out how the entire political spectrum, not just Congress, extended undue favours to Reliance – of course, Congress in particular. All these parties are in fact – in Kejriwal’s articulation – in Mukesh Ambani’s pocket. The press release by Kejriwal’s India Against Corruption, published by many media houses, mentions, “RIL takes away more than 80% of profits and the government gets less than 20 per cent of profits.” Kejriwal also adds that Reliance gained Rs 1 lakh crore by plundering the country’s resources. He also accused Reliance of placing students in the Ministry of Petroleum and Natural Gas for their own benefits, and further accused RIL of selecting the Petroleum Minister.  Read more....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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India’s scams and corruption are perennially ubiquitous – they keep recurring time and again. There is hardly a month that goes unnoticed without any major scam breaking out. It is not that there isn’t any scam elsewhere, but barring some sub-Saharan and Asian rogue states ruled by the junta, the scale and magnitude of Indian scams have outperformed every other nation by an unprecedented margin of frequency and scale. Typically, a scam exposé starts off with media frenzy and then gets lost into thin air! The typical Indian middle class’ short memories, inevitably brushes the scam off, and then the judiciary typically bails out the accused, and everything is business as usual. Even though media spotlight continues on the case for a while, the same mostly focuses on the economic aspect of it, largely ignoring the enormous social impact. Mostly, the multi-million dollar scams that prop up every now and then have huge negative externalities both at the regional and national level.

Let me talk a little about the recent scam, which has been rocking the nation – Coalgate! Coal mining – the lifeline of thermal power that constitutes around 66 per cent of installed capacities in power generation in India – is very inefficiently run, and I’m being graciously modest when I say that. The sector is marred by massive pilferage and corruption with open disregard to environment and conservation. However, there are many other serious ground concerns that have been missed amidst the entire current hullabaloo. To start with, the mandatory regulation of open cast and underground mining requirement is flouted openly, causing health hazards on account of environmental degradation per se. The corruption level is beyond one’s wildest imagination. Sample this: even the sand purchased to fill the old mines is being sold in the open markets for petty gains!

There have been waves of protests in most of the coal mining states – particularly socially conscious Maharashtra – against pollution, environment hazards, and land acquisition... but nothing much was done. Land procurement is done by the government, and also by the private coal mining companies, which have very little respect for the laws, and who have very little good-faith negotiations with the land owners! And mind you, these activities are on since decades, even before any coal scam was discovered.    Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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I rarely watch TV as I don’t have one on my floor of our house! However, when there is some breaking news, my father calls me down to the ground floor (where he stays) to watch the same with him. So I really had no idea about the Union Law Minister Salman Khurshid, a man I like, holding a press conference last Sunday where he lost his temper at some journalists. Of course, I was aware of the allegations made against the Zakir Hussain Trust about some hanky panky with government funds meant for physically challenged people. I also knew there was something about forged signatures of top officials of the Uttar Pradesh government. My first reaction was: this must be mere politics. But I was forced to take notice when dad told me that Arvind Kejriwal, the activist turned politician, is taking this issue seriously and raising serious questions about the integrity of the Union Law Minister on TV. If nothing else, the activist turned politician at least deserves our respect for his amazing display of guts and gumption.

A colleague then sent me a clip of the press conference where the Law Minister is clearly telling a journalist that he will see him in court. My fault, but once again I thought that this was more entertainment than news. But I did sit with my father and switch some channels that night, and I did read the newspapers more carefully the next day. And I was horrified. Louise Fernandes Khurshid, the wife of the Union Law Minister and the person who actually runs the Zakir Hussain Trust, has filed a Rs 100 crore civil defamation case against the two channels Aaj Tak and Headlines Today. Nothing surprising about that, for every Indian has the right to file a defamation case if he or she feels aggrieved. But what was horrifying for me was the manner in which the promotor of the group who also publishes India Today, Aroon Purie, was personally targeted. It was genuinely shocking. We had journalists asking Salman Khurshid whether he will resign from his post till an independent enquiry clears his name. He blithely replied that he would resign if Aroon Purie, the promotor of the India Today group, also resigned and if there was an enquiry against Purie and his group. Most horrifying: I found hardly any support in the media fraternity for Aroon Purie and his India Today group. Just imagine the rotten and extremely dangerous precedent this is setting: if, for example, The Hindu were to publish some exposé against any minister, the minister could demand an enquiry against N. Ram. If NDTV were to show an investigative piece against Nitin Gadkari, he would demand an enquiry against Pranoy Roy. If The Times of India were to reveal something embarrassing about any powerful person, then he or she will surely demand an enquiry against Samir and Vineet Jain... I could just go on and on...   Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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These have been truly turbulent years. Between then and now, we have seen Mayawati sweep Uttar Pradesh and then lose it badly. Between then and now, India has miserably lost the Cricket World Cup and then won it handsomely. Between then and now, the Indian economy has changed from being a rampaging elephant to a caged tiger once again. Between then and now, the three Khans of Bollywood have further cemented their supremacy over the box office. Between then and now, Rahul Gandhi has been transformed from being the latest Great White Hope to a question mark and an enigma. Between then and now, the loot and plunder of natural resources through crony capitalism have gathered momentum. Between then and now, Ratan Tata has endured the disgrace of Singur to fade triumphantly into retirement. Between then and now, Mamata Didi has remained Mamata Didi... So much has happened over the last six years that it would require many multiple books to chronicle contemporary history. And my readers know I do not write history books :-)

And yet, I have identified six major and defining trends of the last few years that will have a lasting impact on India for at least another decade. In no order of preference and importance, here is my list:


1: Good governance gets pro-incumbency verdicts:
In 2005, when my team and I had started planning the launch of The Sunday Indian – after having launched Business & Economy and 4Ps Business & Marketing – Nitish Kumar narrowly failed to achieve his dream of becoming the Bihar Chief Minister. In 2006, when this magazine was launched, Nitish Kumar won a decisive verdict. In 2011, he won an even more decisive verdict. So much so that people are now openly talking of his ambitions to be Prime Minister. Ditto for Narendra Modi. Barring a miracle for the Congress, Modi is all set to win Gujarat for the third successive time. Like Nitish, he too is a contender for the post of Prime Minister. Sheila Dixit and Naveen Patnaik have already won three successive elections in Delhi and Odisha respectively. The incumbent Left Front in Kerala almost pulled off a shock victory over Congress last year, losing the assembly by just one seat. The Akali Dal-BJP combine achieved what was thought impossible: winning a second successive term in Punjab. And it does look like Shiv Raj Chauhan and Raman Singh will win their third successive elections in Madhya Pradesh and Chattisgarh next year. It is not as if all incumbent governments are winning. The DMK-Congress alliance was humiliated in Tamil Nadu last year; Mayawati lost badly in UP this year; the BJP lost Rajasthan in 2008; and the Congress was trounced in Goa this year. I really don’t need to add more. If the voter thinks you are delivering decent governance, you have her support.   Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

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It is the race of a lifetime. Who is most likely to be the Prime Minister of India in 2014? That is the billion rupee question that this issue of TSI seeks to answer. In an exclusive survey, Narendra Modi and Rahul Gandhi emerge as the two frontrunners. But by all accounts, it is going to be a close fight.

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Rahul Gandhi and Narendra Modi are frontrunners for the Prime Minister's post in 2014. Would you say the two candidates are most appropriate, somewhat appropriate or not appropriate at all?

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Support for Rahul Gandhi among supporters of different parties

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Net support for both leaders among supporters of different political parties

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Support for Narendra Modi among supporters of different parties

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As Prime Minister, which politician according to you, would provide the most effective leadership to the country on the following issues:

Has Narendra Modi's time finally come? That would be the germane of the exclusive survey conducted by  TSI – Abacus Research on the State of the Nation in which India's top politicians have been tested against various critical parameters. The two leading prime ministerial candidates for the 2014 General Elections are Gujarat strongman Narendra Modi and Congress scion Rahul Gandhi.  Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
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In 1984, I was just 13 and way too young to know about a man called Yash Chopra. Having been brought up on just three films – The Sound of Music, My Fair Lady and Sholay (my brother, sister and I were allowed to watch the first two almost every Sunday if we wanted to, and Sholay whenever dad was in an exceptional mood!) – Mashaal was unbelievably only the second Hindi film we had been allowed to watch. Mashaal was like a cult classic! Dilip Kumar was like my father, high on principles and therefore always winning enemies; and those days, I was often made to feel like the vagabond that Anil Kapoor played in the movie. The film made me feel good, for, as Anil Kapoor changed and became a hero, I felt I also had a hero inside. My dad liked the movie not because he ever believed that he would have a role reversal in his life like Dilip Kumar had in the movie, but because watching such a role reversal at least made him happy somewhere deep inside, for very often, we all feel like hitting back with a vengeance. He also loved the dialogue, “Zamana bahut kharab hai Tolaram.” It was only the second Hindi film he had ever liked, and we added another Hindi film to our really short list of films to be watched when we were being good children! All other times, our black and white portable TV set used to be kept locked up inside a big Godrej almirah that we, like most middle class families, had those days. Slowly and steadily, over the years, we were allowed to watch more movies, especially once I had given my class tenth boards. And we started to catch up on all good movies with a vengeance.

Deewar, Trishul, Kaala Patthar, Silsila and Kabhi Kabhi followed soon and they, along with Mashaal, became six of my top ten personal favourites! It was only in 1988, when I was watching another movie Vijay (a remake of Trishul) and loved that too, that I suddenly realised that all my favourite films had one factor in common – a director by the name of Yash Chopra! There were traits through all these movies which were common! They had extremely hummable songs. A tune already established in one movie would go on to become a full fledged song in the next. The movies had exceptional storylines with great love stories enmeshed within. They were all attuned to the times they were made in. As India liberalised, the theme shifted from the angry young man and the rich versus poor fight to the Swiss valley love stories of the affluent class. And of course, all his movies always had the biggest element required for assured commercial success – the biggest stars of the day. The ones who were passé were ruthlessly dropped. Sharmila Tagore paved the way for Rekha; Rekha for Sridevi; and Sridevi for Madhuri. But they were all the most gorgeous of their times. If Shashi Kapoor was in Dharmaputra and Waqt, then it was Dharmendra in Aadmi Aur Insan, Rajesh Khanna in Ittefaq and Daag and the Big B in all those five I just mentioned; and then Anil Kapoor from Mashaal till Lamhe; and thereupon, only King Khan, from Darr to the latest in the offing!   Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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So the fiery and often unpredictable “Didi” of Indian politics, Mamata Banerjee is all set to do what many felt was inevitable. Even as I write this, I honestly don’t know if the Trinamool Congress will actually walk out of the UPA or not. Nor do I know how Mulayam Singh Yadav, Mayawati and Karunanidhi will act. Some friends tell me that the countdown to the end of this UPA regime has begun and that it is a matter of time before the Manmohan Singh government falls without completing its full term. Some other friends tell me that the Congress has legendary “management” skills in this field and will ride out of the storm. They point out to how a minority Manmohan Singh government won the trust vote in 2008 and how a minority P.V. Narashima Rao government won the trust vote in 1992.

I really don’t believe that the survival-or-not of the UPA government is the most significant problem confronting India at this time. I think the real problem and the real challenge is the direction that economic policy making is taking in the country. Let us look at the grievances publicly aired by Mamata Banerjee. She has slammed the UPA government as being anti-people and is convinced that the diesel price hike, the rationing of LPG cylinders and allowing FDI in multi-brand retail will harm the common man of India. If they are actually harmful for common Indians, then I am all for the stance taken by Didi.

The thing is, I have repeatedly said that India is awash with unnecessary and unsustainable subsidies. I have repeatedly said that we have to both reduce and eliminate subsidies that often end up being gobbled up by the rich instead of the poor for which they are meant. So in principle, I would tend to agree with a reduction of subsidies for both diesel and LPG. But the problem is the manner in which this UPA government has been behaving since 2009. It has been so brazenly practising crony capitalism that nobody believes it when it talks about good intentions. Let me just give one example of how the common Indian views this latest LPG controversy. The latest decision stipulates that a family will be entitled to just one subsidized LPG cylinder every two months. Any cylinders required beyond this limit need to be purchased at market prices. The government claims that an average family uses one cylinder every two months. That is absolute nonsense. An average family almost always uses one LPG cylinder every month. Worse, this arbitrary decision – given the famed ability of Indians to indulge in corruption – will lead to massive black marketing. Already, when people are calling for booking an LPG refill, dealers are claiming that they have no stock. Of course, the stock is there if you want to buy at black market rates. This is taking India back to the notorious days of rationing where rice, sugar, cooking oil, cement, phone connections and Bajaj scooters were always out of stock but available to those who had enough money to pay black market rates. This is not reforms or a forward moving decision. It is downright regressive. Why can’t the government find a way to ensure that those who can afford will pay market prices for LPG? We have had the UIAD project going on since 2009. Of what use is so much expense on it if we can’t solve even the simple problem of targeting subsidies to those who really deserve them?   Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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2012 : DNA National B-School Survey 2012
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----------------------------------------------------------------------------------------------------------------------

 
The Indian government is becoming a joke by the day! Now The Economist, my favorite magazine, has written about the irrelevance of Rahul Gandhi in an article asking, “What’s the point of Rahul Gandhi?” Before that, TIME magazine had dubbed our Prime Minister as an underachiever! The harsh truth is that the term ‘underachiever’ is such a mild word to use for a politically comatose man who has been literally sleep-walking in his monotone voice over his two stints.What a letdown for a democracy and the electorate, for never has India had a worse and more inactive man as its Prime Minister. And then, of course, Washington Post came down heavily on him. And what was the Indian government’s reaction? Well, like immature intolerant fools, they lodged an official protest – exposing to the world that the article was indeed right and more; exposing to the world the government’s mindset, which looks eerily similar to that of Mamata, who shows complete disdain for democratic values and goes about arresting lecturers to farmers – and betraying the sentiments of the same democracy and all those voters who brought her to power. And if that was not enough, then the Indian government gets a cartoonist arrested by using a law that should have been discarded ages back. Yes, it is the same mindset which protests against a Washington Post article, that gets a professor arrested for sharing cartoons on Facebook, that makes an Aseem Trivedi a victim of an archaic law! The way this law has been used to suppress the voice of Binayak Sen earlier, and that of his likes, stinks of an intolerant and draconian government that is becoming irrelevant by the day. It is a matter of utter shame how even today, we cling on to our colonial past and their discriminatory laws, which were crafted to bootlick a select few who ran the government.

The completely shameful arrest of Aseem Trivedi has brought to light again this prevailing archaic law whose legitimacy can only be comprehended after going into its historical milieu and the reason why it was drafted. As I wrote last year during the Binayak Sen case (Read my two related editorials at http://arindamchaudhuri.blogspot.in/2011/01/binayak-sen-victim-of-state-and.html and http://www.thesundayindian.com/en/story/-change-sedition-law-free-binayak-sen/13763/), in the Indian context, sedition dates back to the Sepoy Mutiny of 1857, wherein the objective was to forcefully suppress the democratic aspirations of a particular section of society. The skeleton of this section was derived from the common law of seditious libel, meant to control press and publications during that time. This law, regardless of being touted as curbing resistance, is nothing but a rotten remnant of the colonial past with the sole intent of suppressing potential paradigm change-makers. In its current state, the yardstick that gauges the amplitude of disaffection and the resultant violence is very vaguely defined and is highly subjective.  Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

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Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
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First it was Afghanistan, then Iraq, after that it was Libya and now Syria! The targets of US intervention in the civil war of the Middle East are never ending. The US supported (first clandestinely and then openly) the separatist movement in Syria and a civil war in full swing has been the result, a war that has brought with it violent confrontations between President Assad and his Islamist population. Sowing the seeds of instigation have been the hawks of American foreign policy like Fouad Ajami and many more (for the uninitiated, Fouad Ajami – advisor to the former United States Secretary of State, Condoleezza Rice, as well as close aide and associate of Paul Wolfowitz, former Deputy Secretary of Defence and lead architect of the Iraq war – had been a staunch supporter of the Iraq war)! And now, America is playing the same game in its war cry against Syria. If the Iraq war were to be a benchmark, then we clearly know that there is practically no repentance in the American establishment towards the destruction of Iraq, which was essentially carried out under a false pretext of Saddam Hussein allegedly possessing weapons of mass destruction – in fact the war was justified and defended in Washington, not even considering the fact whether Bush had the moral right to issue such a decree to attack another nation. In the same lines, America brought its one-time friend Libya literally to ruins by aiding the rebels against the government.

In politics, they say, history repeats itself! In July last year, by a 326-90 vote, the US senate passed a critical military spending bill, thereon allocating more than $600 billion for defence and military purposes. The bill specifically allocated money for training the US military for war with Iran. Furthermore, the bill included specific plans on mobilization of fighter aircraft, arms & ammunitions for war against Iran by all possible routes viz. sea and air.

Within a month after the military spending bill was passed, Obama ordered a new and highly incisive war strategy, which had its roots in this bill. Obama signed a secret order that empowered the US army to help Syrian rebels against the Assad government. This order will also allow CIA, in particular, to aid the rebels with all sorts of tools and techniques (including arms and resources) to fight Assad’s regime. To put it in better words, it would allow rebels to augment their revolt to a level of full-fledged war, of course with full support from America. US has now forced even its so-called fair weather allies – namely Qatar, Turkey, Saudi Arabia and many more – to help these rebels in all possible ways they can.
Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
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Almost a month has passed, since a teenaged girl in Guwahati was molested by a mob and the video went viral all across the nation, but neither the state government nor the central government woke up to counter such a menace. This being one discreet case of molestation, the government could comfortably choose to ignore it at large. But then, the recent riots in Assam and now its retaliation in Indian metros, which largely got instigated through hate SMSs that went viral all across, highlight the repetitive indolent behavior of the government towards an entire set of people belonging to one region. The choreographed hate messages played a significant role in the migration of people of Northeastern states of India from cities like Bangalore, Chennai, Hyderabad, Pune and Mumbai; and such a migration clearly is a blow to the pledge of a free India with equal rights for all.

The government on its part banned bulk messages for 15 days, as well as multimedia messages of over 25 KB throughout the country. The government also blocked a total of 310 web pages, which provided, in one form or the other, morphed images of riots in Assam which had been instigating hate sentiments among over 60 million Indian net users. The banned web pages include specific pages from Twitter and Facebook as well – it’s estimated that 36 million in India use Facebook and 15 million use Twitter. Our ruling elites have perchance presumed that banning SMS texts and some social networking sites is enough to stem the trouble – these in reality are actually the tip of the iceberg of a much deeper-rooted problem. Although the government has set the tone of its action by blocking the hate pages from various websites, this is more of a juvenile and a temporary step. What our policy makers forget is that till one and a half decades ago, there were no social networking sites, yet there had been numerous catastrophic riots in the region.

Thus, simply blocking web pages and SMS texts would not serve the purpose. This would neither deter the nuisance creator nor help in zeroing in on the actual perpetrators. The real criminals (or groups of criminals) are still scot-free and would be planning their next target. The government should have rather deployed and mobilized resources that could have traced the source of such hate messages, filtered them and brought the real culprits to task at the soonest – the speed, intensity and accuracy of action from the government, if there had been relevant ones, would have deterred the perpetrators instantly.
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IIPM : The B-School with a Human Face
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