Showing posts with label Business school. Show all posts
Showing posts with label Business school. Show all posts

Saturday, June 19, 2010

Iconic sari gets recognition

It is all the rage in Kerala and other places, including Delhi

Balaramapuram village is at the centre of attraction after Kerala’s iconic “Balaramapuram Sari’’ has received Intellectual Property Rights (IPR) protection through Geographical Indications Act (GI Act).

The village is extremely popular in the state for producing such a wonderful sari. Thousands of weavers make the traditional Kerala Kasavu Sari for women and Kasavu Mundu for men in off-white with golden borders in this six square kilometres textile land — near Thiruvananthapuram. They are designed to be worn specially on propitious occasions. According to industry sources, about 27,000 handlooms operate in the village to produce these saris. The weavers — shaliyar community — use traditional throw-shuttle pit looms, fly shuttle looms and make cotton fabrics with pure zeri (kasav) or coloured yarn.

Hundreds of families, including women, are fully involved in weaving these saris. More than 200 cooperative societies are active in this area. They are fully involved in the production and distribution of the products. The Balaramapuram textiles are sold throughout Kerala through Hantex, and the exclusive shops of zeri textiles like Kasavu Kada and Karal Kada. “We never depend on mechanised systems like dobby, jacquard and jala. The imagination of the weavers and the excellence in silver covering and the gold plating of the silk make Balaramapuram matchless. We have no professional designers and fashion consultants. Our clothes are pure eco-friendly and survive for long,’’ says B.AnilKumar, a weaver at Balaramapuram.

Balarampuram sari is famous for its varieties. One can select saris from the price range of Rs 500 to 40,000. The weavers say that the North Indians, especially Delhiites, are fond of these costly saris. The gold, silver content of the zari is the significant factor which adds the brand value of the Balaramapuram clothes. “The present protection under the IPR confirms its uniqueness,’’ says Anilkumar, a trader.

But most of the weavers are apprehensive about the special protection. Besides, they fear that the traditional art may die as youngsters are not joining the profession. Of late their biggest worry has been the arrival of mechanically produced Kasavu sari that is available in the market for only Rs 100. Since then, the Balaramapuram sari has been facing a stiff competition.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Wednesday, June 02, 2010

Yearning for home, scrambling for food

As the NSCN (I-M) leader Thuigaleng Muivah’s homecoming issue gathers storm amid the Naga Students Union’s month-long economic blockade, the crisis deepens in Manipur. Food and fuel is hard to find even at five times the actual cost, reports Brown Nongmaithem

Manipur has been in the throes of misery ever since the All Naga Students Association Manipur (ANSAM) imposed economic blockade on NH-39 and NH-53 in April this year in protest against the holding of Autonomous District Council (ADC) elections in the five hill districts of Manipur. The ADC elections have not been conducted for more than 20 years.

The blockade, which has the support of the United Naga Council, was intensified after two students died and many were injured in the police crackdown on Thuigaleng Muivah’s supporters at Mao Gate on May 6—the day the NSCN (I-M) leader had planned to enter Manipur. The Ibobi Singh government does not want Muivah to enter Manipur because the Naga rebel leader wants parts of the state to be included in greater Nagaland.

Although Muivah says he just wants to visit his birthplace, Somdal, the Manipur government is not buying his argument fearing disturbing consequences the rebel leader’s visit may have. In a development, the Imphal bench of the Gauhati High Court has instructed the state police to arrest the leaders of the troubling student organisations. But the government does not look in a mood to use force.“We are trying to reopen the Imphal-Jiribam highway. Talks are on with people residing along the route. We don’t want to use force. There are things we do not want to disclose at this moment but we are confident that the highway will reopen and the crisis will be resolved very soon,” Manipur government spokesperson Biren Singh told reporters.

The month-long economic blockade has thrown life out of gear in Manipur. While essential food commodities are becoming scarce by the day, hospitals are running out of oxygen, fuel and life saving drugs. Fuel scarcity brought the functioning of Imphal bench of Gauhati High Court to a complete halt on Monday. According to people’s accounts, they have been getting petrol and kerosene for Rs 150-200 and Rs 60-70 per litre respectively. Cooking gas is selling for Rs 1000 per cylinder in the black market. Even the black markets have run out of supplies. Furious over the home department’s failure to provide mobile security escort for transportation of goods, state consumer affairs, food and public distribution minister Y.Erabot said that the matter would be taken up with the union home minister and relevant authorities at the centre. Even as the state cabinet took a decision to send trucks along NH-53 with security escort for ferrying essential commodities including petroleum product on May 10, 12 and 14, the plans were aborted without giving any reasons after all arrangements were made. Seven loaded truck have been burnt down by unknown armed persons in the wake of the unrest arising out of Muivah’s visit near Kohima in the Nagaland capital and many other important offices of government have been set ablaze in Manipur.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Monday, April 12, 2010

A tryst with the Nawabs!

In the heart of ‘babudom’, the city of nawabs is still being built by the government, while private players remain on the periphery, says avinash mishra

In this ‘City of Babus’, commercial plots have never managed to catch the fancy of the masses, or elites for that matter. The real estate sector of capital Lucknow, has witnessed manifold increase in prices of the housing plots. Nevertheless, going against the trend, a number of real estate players invested heavily in commercial properties and launched several malls, multiplexes and commercial complexes prior to the recession. Despite these efforts, they invariably failed to create any buzz in the market or incite any curiosity. And then came the meltdown. Whatever little demand it had been able to elicit got buried altogether.

Nonetheless what proved to be a loss for commercial plots’ proved out to be a gaining ground for housing plots’. In fact, it appears that the city is on a shopping spree for housing plots’. It is almost bordering frenzy; so much so that government housing organizations such as Lucknow Development Authority and Housing Development Board have run out of housing plots altogether. They are trying to utilize whatever space is left by constructing flats and auctioning it. This scarcity of plots has led to a sudden spurt in the price of plots owned by the Authority and Housing Development Board. For instance, in the prestigious Gomati Nagar Project, the Authority is selling plots at the rate of Rs 7,500 per square meters, up from Rs 4,000 per square meters last year. The same plots are going for Rs 25,000 per square meters, up from Rs 15000 per square meters in the resell.

Talking to B&E, Authority’s vice president Mukesh Meshram said, “We have close to hundred fifty thousand properties across the cityand we are developing them in a phased manner. Currently, we are in the process of developing 3,000 flats in Gomati Nagar, 5,000 flats under Sulabh Awas Yojna, 5,000 flats under Golden Installment scheme and 1,000 flats under Shristi scheme.” He further added that under the Kanpur Road project, 5000 flats are being developed in Mansarovar area under Sunrise Apartment scheme. Also, demand estimation has been called for in Gahru Village, Basant Kunj and Para areas which will have low-rise apartments mostly of ground plus four set up.

Given the bad reputation of the private builders , people in Lucknow prefer buying poperty from the Authority. Companies like Omaxe, Parsvnath et al have failed to complete their respective projects in Vibhutikhand area. The flats that were to be ready for possession in 2009 are nowhere near completion and those who made the mistake of booking their flats are often seen running from pillar to post, all in vain. Talking to B&E, Jaikesh Tripathi , Director, Pragati Colonizers, said, “The real estate market in Lucknow is Authority and Housing Board based. That’s why people are more inclined towards their properties. Private builders are still to establish confidence among buyers. They are involved in various irregularities and flaunt standards at will. Also, they use sub-standard material and set premium prices.” Consider the case of Ashiana Colony by Ansal Group. There are no sewer lines laid nor have roads been constructed. Everyday, residents take out agitation marches but nobody gives two hoots about it. However, given the ‘Babudom’ culture, flats are not that popular here. Having said that, really, it’s got to start sometime, somewhere!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Outlook Magazine money editor quits
Don't trust the Indian Media!

Saturday, April 03, 2010

So what do we do about cancer?

Cancer has become a major concern worldwide. Billions of dollars have gone down the research river, but the results are only visible in developed countries. B&E’s Amir Moin argues that developing nations are the place where the battle has to be won

Cancer has been haunting human civilization for centuries. To begin with, the world’s oldest documented cancer case was recorded in Egypt and dates back to 1500 B.C. Cancer not only leads to loss of lives, but also results in major economic losses. The US basedNational Business Group on Health, representing 185 of the Fortune 500 firms and providing cover to more than 40 million workers estimated in a recent study that productivity loss for US firms resulting from smoking related diseases cost them $157 billion, even larger than the GDP of New Zealand. In fact, Purdue University’s Health Care Special Report takes the same even higher at $234 billion. This dirge is just the tip. The US Office of Technology & Assessment made an emphatic conclusion post a recent study that smokers, on an average, took 300% more sick leaves than non-smokers. Another research highlights strong evidence thatthe probability of smokers to become disabled exceeds their non-smoking counterparts by 600%! But the real eye-popper is the research report by Cappelli, Pauly & Lemaire of Wharton, which states that obese individuals have 30-50% more chronic medical problems than those who smoke or drink heavily! Researchers with the American Institute for Cancer Research looked at seven cancers with known links to obesity and calculated actual case counts that were likely to have been caused by obesity. The result- more than 100,000 cases of cancer each year are caused by excess body fat!

The world is coming together to stand up to cancer. But, according to a report released by the World Health Organization’s cancer research agency, 27 million new cancer cases are expected by 2030 growing at a rate of 1% every year. Emerging economies such as India, China and Russia would be the worst hit. According to the report, around 1.3 billion people smoke globally, making tobacco the major avoidable cause of death and disease worldwide. Experts say that tobacco has killed 100 million people in the last century and will kill a billion in the 21st century. Harvard Medical School told B&E, “Lung cancer is the leading cause of cancer-related deaths in both men and women. Although prostate cancer and breast cancer occur more commonly than lung cancer, lung cancer is a more fatal disease.”

Cancer no doubt has become a big issue. Infact, Harvard Medical School says that cancer is second only to heart disease as the leading cause of death in the United States. Cancer kills one in four Americans and is the leading cause of death for women aged 40 to 79 and men aged 60 to 79. Society (common people and the scientific clan included) is doing all it can to spread awareness and at the same time fight this menace. At one end, you have cancer research institutes and the scientific community, working in order to make breakthroughs in the field of cancer cure. On the other hand we have NGOs and other non-profit organizations trying their level best to spread awareness about this deadly disease. For instance, Facebook went colourful a few days back. A strange yet unique – bra colour status updates – made its way into the network, but no one really knew how or why the what-colour-is-your-bra campaign took off. In case you are still confused and don’t see it, women were posting single word updates with the colour of their bra, hence the bombardment of ‘black’, ‘red’, and ‘nothing’ updates from your female friends. The colour update craze was started by women in Detroit who are trying to raise awareness around Breast Cancer. While all this was happening on the awareness front, scientists in Britain made a cancer breakthrough that could pave the way for tailor made treatment of breast tumours and revolutionize the way breast cancer is cured.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Outlook Magazine money editor quits
Don't trust the Indian Media!

Tuesday, March 30, 2010

They make money from water

The daily income from such business is Rs 65 lakh

Traders are taking full advantage of the drinking water shortage in Kerala. They are minting money by selling water. Of late it has become a roaring business with many new entrants taking a plunge. To start a business of collecting and then distributing water doesn’t need heavy investments. The most they do is take a water-rich land or lease or rent and dig borewells.

In Thiruvananthapuram district it was found that 30 cents of land in a village near Aryanad has six borewells which are more than 500-feet deep. Everyday hundreds of trucks ply on this route. They fill their thousand litre tanks from these wells and then supply it to water tanks in houses, hotels and construction sites.

Local sources say the daily income from such trade is Rs 65 lakh. A full tank of water fetches something between Rs 1,500 and Rs 2,500. Interestingly, water exploitation is illegal, but till now the government and local police have seen the other way.

The sale of water is common in those parts of the state where rivers and wells have dried up. In Palakkad, Idukki and Kollam districts water sales are high. Kerala is facing a drought like situation. Scientists predict that the drought will intensify in April and May. According to them, water scarcity will be felt more in these months. The shortage of water has become a perennial problem.

The Kerala Water Authority is providing drinking water to panchayats. Tankers and lorries are being deployed for this purpose. Official sources say at least one lorry is deployed to cover one panchayat. Besides, each lorry is allowed to make up to four trips a day.

However, it has failed to address the problem. Villagers still complain of not receiving sufficient water being supplied by the government agencies. With no other option left, the villagers fork out money to purchase water from private water sellers.

The situation in these regions is deteriorating as there is no understanding between the government agencies and the locals over rain water harvesting.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-



Outlook Magazine money editor quits
Don't trust the Indian Media!

Friday, February 26, 2010

Friend or President

Obama’s concern over his remarks & speeches came true...

It was a debate of yesterday. It is still a debate of today and would remain so even for tomorrow. And most horrifyingly, racial profiling seems not to leave President Obama either. His recent comment on Prof. Herny Gates’ (no, he has no relations with Bill Gates!) – who incidentally is also a friend of the president- arrest had resurfaced the racial profiling issue and has brought enough criticism as he called the act by Sergeant James Crowley ‘stupid’. For the uninitiated, James Crowley, who is a police academy expert on racial profiling, went to Professor Henry Louis Gates’ home near Harvard University last week to investigate a report of burglary and demanded Gates show him identification. Police say Gates at first refused and accused the officer of racism. Gates was charged with disorderly conduct. The charge was later dropped and Gates has since demanded an apology from Crowley. On this, Obama literally went overboard and commented that, ‘…the Cambridge police acted stupidly in arresting somebody when there was already proof that they were in their own home…”. He further said that, “…there’s a long history in this country of African-Americans and Latinos being stopped by law enforcement disproportionately. That’s just a fact.” It seems that most of the ‘Whites’ of the US took this comment personally, especially those who are close to media.

However, a deep analysis would clarify why Obama isn’t wrong. America has a long deep-rooted history of discrimination. It is a land where women witnessed discrimination and were not allowed to vote till 1920 (they were allowed only after the passage of the Nineteenth Amendment to the constitution). Blacks’ struggle for their rights is no more a new and jaw-dropping story. Going by the data of the US Department of Justice, by the midyear of 2008, 4,777 black male inmates per 100,000 black males held in state and federal prisons and local jails, compared to 727 white male inmates.

Talking about health, blacks experience disproportionate burden of health diseases, injury and death. Researches show that in 2002, non-Hispanic blacks who died from HIV were approximately 11 times as many age-adjusted years of potential life lost before age 75 years per 100,000 population as non-Hispanic whites. National Urban League’s 2006 annual report revealed that out of 5,80,000 black who are serving sentence in prison, mere 40,000 males complete a bachelor’s degree. Nearly 70% blacks in prison never completed their schooling. Likewise in a 1994 Department of Justice survey of felony, it was found that blacks were more likely to receive prison sentences than whites. As per federal death penalty data released by the Department of Justice between 1995-2000, out of those 682 defendants (for death penalty), the defendants were black in 48% of the cases, Hispanic in 29% of the cases, and white in only 20% of the cases. Following the trend, a study by Wake County, North Carolina found that African Americans had bail set 18% higher than whites charged with similar crimes.

Even in terms of earnings, researches show that in 1964, African Americans’ income was 58% of white people’s income. In 1991, African Americans’ income was just 57% of Whites’ income. Moreover, there is sheer discrimination at the top level in the US army as well. As per the recent data, while 62.7% are Whites in the US army, blacks consist of around 20%. But in the commissioned officer level, merely 12.4% Blacks are holding positions while 73% are occupied by whites. More strikingly, racism was witnessed in America more clearly during the 2008 presidential election. Obama won the support of 95% black voters. When it came to white voters, 43% voted for him while 55% voted for McCain.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-



Outlook Magazine money editor quits
Don't trust the Indian Media!

Saturday, February 20, 2010

‘One best way to a perfect team?

Incentives, rewards are passé. The new way to boost performance, believes an ad agency, is providing employees with an ‘open’ environment!

While we figure out how our ancestors made the best of naturally available ‘accessories’ like leaves, stones and bones, it isn’t difficult to imagine that for our ape ancestors, the body hair was enough to protect them from the temperature differences. But would you believe us if it was said that perhaps people in the prehistoric era or the great apes could perform their tasks better as a result of being stark naked? Well, a new experiment certainly suggests so! When a design and marketing company, onebestway in UK, wasn’t performing too well and was on the lookout for a way to improve its employee performance, they were “approached by Virgin and asked to take part in an hour-long documentary, filmed over a one week period in June 2009. The objective of the film was not to be naked, but to explore the possibility that they became so bonded as a team that they would be comfortable working naked!”

But does working without a stitch actually boost morale of employees? “It doesn’t boost morale, but it does create a better team. We are closer and we work more quickly because we now feel we have nothing to hide from each other. We speak openly to each other whereas in the past we may have kept things inside, hidden. Additionally, we now have more fun! We have shared something unique and fun so, in a way, the morale is better because we are generally more upbeat and proud of who we are and of what we do,” says Michael Owen, Senior Account Manager and Managing Director, onebestway. If we were to imagine the same experiment being conducted closer home, surely there will be very few takers for this rather radical (to say the least) experiment. But weren’t the employees at onebestway apprehensive too? “Yes there were apprehensions but – to be crystal clear – there was absolutely no convincing and encouraging going on at all,” continues Michael. “The nakedness was never anything more than an exciting and rather scary option. A goal yes, but not one that anyone was encouraged to do beyond what they would naturally want to do for themselves, personally. On the last day of work (with clothes on), people were full of excitement.

They were scared too, as this is a scary thing to do, and no one knew what anyone else was going to do. In fact, no one may have taken their clothes off – this was a possibility. People really ended up enjoying this though, and no one regrets doing it. This experiment was a personal journey for everyone involved. It was not a sexual thing; it was just a liberating and interesting experience. It was difficult to concentrate, but not because people were necessarily looking at each other, but because it is just so unusual. The result of the experiment is that we are faster and braver. We are not afraid to share ideas, thoughts, problems and feelings, and onebestway is a much more adventurous creative agency now.” So, while the world may today hold that professionalism is about clearly drawing a line between one’s personal and professional lives, here the two were intertwined in such a way that nothing that is supposed to be personal, remained personal.

So would such a move really end up in office ‘performances’ improving? Well, we don’t know about that, but there’s at least one sure shot advantage – lower expenditure on work clothes!
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-


Friday, February 12, 2010

Food security - Of lives and livelihoods

Only anticipatory and inclusive action can help us counter climate change risks

M S Swaminathan

India’s leading agricultural scientist

Recent studies have shown that for each 1°C rise in temperature, wheat yield losses in India will be of the order of 6 million tonnes. There will also be similar effects on rice and other food crops. The leaders of G8 Nations who met recently at L’Aquilla in Italy agreed to limit the rise in mean temperature to two degrees Celcius. This will have disastrous consequences on our agricultural production and thereby to national food security. The consequences of global warming are multi-dimensional and can leave unpredictable deviations resulting in various weather conditions and calamities, including erratic monsoon behaviour, water scarcity and higher evapo-transpiration. It will also result in frequent drought and flood, severe pest and disease epidemics, increase in the incidences of malaria and other vector-borne diseases.

Thus, the adverse impact of climate change will cover every aspect of human life. Obviously, the poor nations, who have the least capacity to cope with the fallout, will suffer more adversely than others. There is a need for both anticipatory research and action to address issues related to mitigation and adaptation. At the same time, there is a need for participatory research with rural families in order to enhance their capacity to deal with calamities like droughts, floods and the rise in temperatures.

Action is particularly important in making contingency plans, alternative cropping strategies and compensatory production programmes.

India has about 127 agro-climatic regions. We will have to prepare computer simulation models on different weather probabilities and conditions. This will help to formulate codes of action for dealing with droughts, floods and rise in sea-levels. However, a good weather code should also be prepared to maximise production in favourable seasons. The impact will have to be studied not only on crops, but also on farm animals, fisheries and forests. Seed reserves of alternative crops will have to be built up at the local level. In fact, grain reserves are essential for food security and seed reserves are needed for crop security. Local level Gene–Seed–Grain–Fodder-Water Banks will have to be promoted, so that the community itself will be able to adapt to the new challenges that will emerge.

The impact on women will be even more serious since they are traditionally in charge of gathering fodder, fuel wood, and water and also animal healthcare and post harvest technology. Climate risk saviour crops will have to be identified and multiplied. Rice is one such crop as it can grow under a wide range of altitudes and latitudes.

In coastal areas, bio-shields consisting of mangroves, Salicornia, Atriplex and other halophytes will have to be erected. Sea water farming will have to be promoted through the establishment of agri-aqua farms. This is important since 97 per cent of the total global water availability is from the sea. There is also a need for below sea-level farming since many coastal areas will have to practice agriculture below sea-level as a result of sea water inundation. The latest technologies will have to be taken to fishermen, such as mobile phones providing information on wave heights and location of fish shoals.

Farm animals will have to be protected since livestock and livelihoods are intimately related in most parts of India. Also the ownership of livestock is more egalitarian. Emergency food supply arrangements will have to be made by enriching agricultural biomass with urea and molasses. Ground water sanctuaries will have to be set-up that can be properly utilised whenever there is water shortage.

In the area of mitigation also, local communities can contribute through better farm animal management and conservation farming. Fertiliser trees, such as Faidherbia albdia will have to be planted on a large scale. Finally, there is a need for building a cadre of climate risk managers at the local level. Such managers should be well-versed in the science and art of managing climate aberrations. Every calamity presents an opportunity and therefore, steps should be taken to train vast numbers of community level climate risk managers, who can help in utilising these available resources well. While global thinking and action is essential, it will only be attention to local planning and anticipatory action that can reduce human hardship and save lives and livelihoods.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-


Thursday, February 11, 2010

Goons rule the roost

Political parties are accused of supporting criminals

Kerala is literate, civilised, peace loving and the law and order in the state is excellent, claim ministers and bureaucrats. But what happened in North Parur near Kochi recently made Keralites hang their heads in shame.

Two gangs fought a pitched battle in a government hospital, forcing patients and bystanders to run helter-skelter. The warring youth in their early twenties used lethal weapons to attack each other. Many sustained life-threatening injuries. The locals blame political parties, including the ruling Left Democratic Front and Opposition United Democratic Front, for giving support to the goons. In this gruesome attack two political parties — the CPI(M) and the Congress — were indirectly involved. For the first time, the clash took place in the hospital. Law and order situation in the state is deteriorating fast. Even the Kerala high court had slammed the VS Achuthanandan government for failing to root out crime.

Recently, a young entrepreneur Muthoot Paul M. George was killed. Following the murder, Inspector General of Police Vinson M. Paul organised a press conference. He told reporters that a knife was used in the murder. The top cop even announced the name of the suspects. He disclosed the details of the case even before the probe had begun. He was pulled up by the court for his irresponsible act.

Above all, CPI(M) state secretary Pinarayi Vijayan publicly accused the RSS of plotting the murder. Earlier, when an Assistant Sub-Inspector was killed on a campus clash at the Changanassery NSS College, Home Minister Kodiyeri Balakrishna blamed the RSS. But, when the case came up before the court, a police officer told the judge that he was forced to implicate RSS in the murder case.

There is no end to the blame game. Both the CPI(M) and RSS have been accused of deploying goons to attack political rivals in crime-prone Thalassery. Some police officials say gangsters are recruited, trained and protected by political outfits. That is why the government has failed to combat crime.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-


Monday, November 30, 2009

IIPM News - Joota Maro Andolan

Machendranath Suryavanshi
Joota Maro Andolan

Machendranath has become an idol for people who either throw or approve of throwing shoes at corrupt babus and despotic leaders. When the Iraqi journalist hurled shoes at President George W. Bush months ago, a detachment from FBI flew down to India to question Machendranath as to whether he was any way connected to the incident or had inspired the Iraqi journalist. A resident of Latur district in Maharashtra, Machendranath started it when a corrupt official asked for money to transfer in his name the land that has been allotted to him. In no time, Machendranath started getting nationwide acknowledgement.

To give it a rather all-India feel, he shifted to Jantar Mantar in April, 2006. He has continued his crusade against corrupt bureaucrats since then. His demand is dismissal of corrupt officials. “When I came to Delhi three years ago, I was alone. Today, many organisations and individuals have lent me support and are in some ways or other associated with me. People who come to protest in Delhi offer me moral support,” says the man.

He has a future course of action prepared. “I am currently preparing a list of corrupt officials. And it will be followed by a shoe-lobbing spree,” he says rather candidly. Well, babus better watch out.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative



Friday, November 27, 2009

More Fireworks!!!

India is still not ready to fight fire at large scale

The pink city of India was engulfed by fire on October 29. Thanks to the fire that broke out at the Indian Oil fuel depot. This massive fire at IOC’s Sitapura unit killed more than eleven people (the death toll is expected to rise, as search for the bodies are still on!) and led to a direct loss of Rs 500 crore. Not only the factory but the nearby areas also felt the heat. The fire was so intense that even the fire-fighters were unable to reach the ground zero and limit the loss. So much so, that the temperature of the site and its vicinity rose by staggering 7 degree celcius. Horrifyingly, neither the IOC’s fire fighting system nor the state’s fire-fighters were able to minimise the blaze.

This incident is not one of its kinds but actually is in line with numerous similar incidents that occurred in the recent past. Fire outbreak is not any jaw-dropping phenomenon but is actually an annual affair. To put things into perspective: how can one forget fire that enveloped the Haldia Petro’s naphtha plant in July this year resulting to a loss of over Rs 300 crore! Last year, more than 2000 shops were reduced to ashes at a wholesale market (Nandram market) in Burrabazar, Kolkata. The fire lasted for nearly a week despite the efforts by 300 firefighters. Almost every year, Burrabazar witnesses similar fire events. In another incident, in July 2005, number of people died due to fire outbreak in Mumbai High. A devastating fire at the ONGC platform at Mumbai High destroyed the Bombay High North platform, which used to produce 80,000 barrels of oil every day - boils down to 1,27,17,600 litres of oils every day!! As per industry estimates the financial loss was upto the tune of Rs 35,000 crore. Beside these major incidents, numerous other fire hazards happen round the year. Be it a fire explosion at cracker factory or the infamous fire at a Kumbhakonam school (killing 75 children) or oil pipeline blast in Assam or similar other events. Most of the accidents that happen are a result of human error and ignorance. Thus, in spite of state-of-art fire fighting techniques, these bizarre incidents takes place every now and then across the length and breadth of the nation. To minimise losses due to fire hazards, we must ensure that population are kept well outside the vicinity of these units - especially outside the vicinity of oil related units. But then, above all we must ensure and put in place a highly and comprehensive (encircling all possible units/departments of a company) fire fighting system to reduce the probability of such human-error-based-fire-hazard! Furthering this initiative, government must make these laws mandatory and legally abiding as well. Other wise many more similar incidents will lead to many more unwanted fireworks!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative



Thursday, November 26, 2009

Chicken scam busted

Chicken traders involved in multi-crore tax rip-off

Chicken may become dearer in Kerala after the officials busted the multi-crore Nadupunni tax evasion fraud. The authorities cancelled registration of some 12 chicken traders after coming to know that they were issuing fake cheques towards advance tax in the guise of pay orders.

This will have an adverse impact on the local chicken market, resulting in spiralling prices. Kerala is the only state where tax is levied on chicken and they are mostly transported from Tamil Nadu.

The number of vehicles carrying poultry has been reduced after the Kozhinjampara incident. The police seized some trucks that were transporting chickens from Tamil Nadu through by-routes without paying taxes. The seizure was part of an operation to root out corruption at Naduppuni checkpoint on the Kerala-Tamil Nadu border in Palakkad district and the Muthanga checkpoint in Wayanad. Some chicken traders, officials and fake document makers were involved in the tax rip-off.

The modus operandi was simple: Cheques were issued in the guise of pay orders and were handed over as advance tax for vehicles transporting chickens from Tamil Nadu and Karnataka to Kerala. After that they were forwarded to the Treasury from where they were presented at State Bank of Travancore (SBT), Chittur, and then sent by post to Palakkad.

From there they were parcelled to the clearing house and then to the issuing banks. The process was cumbersome and would take 30- 45 days. This was exploited by the fake cheque mafia. Official sources say the SBT is to pay around Rs 16 crore to the government. The loss incurred by Muthanga checkpoint is reported to be Rs 8.5 lakh. The branch manager of the Chittur branch of State Bank of Travancore has already been suspended for not releasing cheques on time. Some 30 officials have been suspended.

Learning a lesson from the fraud, the government is now busy putting in a foolproof mechanism so that tax evaders can by fixed. Hoping to rectify their mistakes, the government has again introduced demand draft system for transportation of chickens through checkpoints.

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IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Friday, November 20, 2009

Omar’s losing battle

The multiple challenges facing Omar Abdullah – external as well as internal – threaten to cut short the tenure of J&K’s youngest chief minister, reports Zubair A Dar

The Jammu and Kashmir cabinet expansion this week – six months after Omar Abdullah took over as the state's chief minister – exposed all the cracks in the Congress-National Conference coalition. The first embarrassment for Omar came when pradesh Congress committee chief Saif-u-Din Soz addressed a news conference to announce the portfolios allotted to his party men. The move may have prevented further erosion, but it also strengthened the general impression of Omar being a weak chief minister. Soz’s insistence that Omar had been “taken into confidence” did nothing to repair the damage that had been done.

It is already known that Soz has reported Omar’s interference in the J & K government affairs to the Congress high command. Insiders say that Soz, who left the National Conference after voting against his party whip in Parliament – thereby leading to the fall of the Vajpayee government – preferred the People’s Democratic Party to the National Conference. Former J&K chief minister Ghulam Nabi Azad, on the other hand, prefers the NC. All this has been hurting the Omar Abdullah-led coalition .

“The Congress is not being reasonable,” believes Professor Gul Mohammad Wani of the Political Science Department at Kashmir University. “The rift between the Soz and Azad factions is spoiling Omar’s chances.” It greatly adds to the challenges that Omar has faced in the past six months as chief minister of this “difficult” state, which lately has seen further deterioration of the human rights situation. “There is a very strong impression that things are not going according to plan. In the beginning the perception was that the clean Omar carried no baggage and had a vision for his state,” says Wani. “But at this point Omar is mired in all kinds of confusion.”

The violence that has rocked Kashmir valley over the last two months, following the rape and murder of two women in the south Kashmir town of Shopian, and the death of four youngsters in police firing in Baramulla, have been giving the Omar Abdullah administration sleepless nights. By the time Omar responded by withdrawing the CRPF from the town, the situation had gone completely out of control – a fact of which the opposition PDP took full advantage.

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IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative


Wednesday, November 11, 2009

Some bumps ahead but not a dead end

plagued by labour unrest, auto majors in INDIA May have cause for worry, yet doubts about the country's capability to be a global hub are unfounded, reports Pawan Chabra

For the global automotive industry majors, India has for a long time been a favoured driveway. With companies like Hyundai, Toyota and even Ford choosing this country as their manufacturing hub, the sector is enjoying one of its best growth phases ever. However, one cannot deny that this is a labour intensive industry and it has hence been buffeted by recurring incidents of labour unrest in the country. Industry watchers claim that India (which is currently the second largest two-wheeler market in the world after China) is well on course to becoming the seventh largest passenger car market worldwide (currently the eleventh largest) by 2016. However, the current labour problems that are looming large over companies like Rico, Honda Motorcycle and Scooters India Limited (HMSI) and Sunbeam in the Gurgaon-Manesar belt have once again ignited the debate on whether India can indeed grow into a major hub for automotives in such a scenario. The billion-dollar quation to be asked is: will such incidents slow down the growth of the Indian automotive industry in the long run?

The problems started with the strike at HMSI’s plant when the majority of the 5,500 workforce decided to launch a 'go- slow' in August. As a result of the action, production at the HMSI plant dropped by over 50%. HMSI filed a petition in the court threatening to take its operations out of India. In fact, the company has stopped taking orders for some of its models with the back-order touching 1.4 lakh units leading to a production loss of over Rs 300 crore for about 75,000 units of two-wheelers. Similarly, Rico, which supplies to giants like Maruti Suzuki and Hero Honda (market leaders in their respective segments) has been facing severe labour problems for the past one month. At present almost 95% of its 3,500 workers are on strike.

The protest became dangerous after a worker, Ajit Kumar Yadav, 26, died when police fired on agitating employees of the auto component manufacturer. In fact, the auto belt in the region of Gurgaon-Manesar was rocked by the industrial unrest that had been simmering for the past few months. About 8,000 workers walked off their jobs as the Communist Party of India-affiliated trade union, All India Trade Union Congress (AITUC) mobilised a protest against the death of the worker. The picture gets clearer when one looks at the issues from the workers’ point of view. “We are fighting here for our rights and the management has no right to exploit workers,” asserts Chander Jeet Singh, a member of the Rico’s employees union. “After all, it is also in our interest to keep our jobs. We didn’t do this to threaten the management,” said another worker protesting against the company.

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Source :
IIPM Editorial, 2009

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative


Friday, October 30, 2009

Police needs protection

The move has created deep & widespread resentment

A vulnerable Gujarat Police has sought and been granted permission to post guards outside all state police stations. A Police Bhavan notice says armed guards will protect all security personnel and police establishments round the clock.

There were moves to station them sixth months back, but for some reason the proposal was then shelved.

The recently implemented order has raised question whether law enforcers should be given protection. The common refrain is what kind of cop is he who can’t protect himself?

Local newspapers are full of reports of murder, rape, kidnapping and robbery. And how bad the state of affairs is has been acknowledged by state home minister Amit Shah himself. Shah startled all in the Lower House when he read out the gruesome details: 191 cases of murder, rape, robbery and loot in Ahmedabad alone in the past two years.

It is shameful that Ahmedabad police have failed to nab a single culprit in 41 cases of murder, 11 of robbery and 735 of loot. Between June 2006 and May 2009 the city witnessed 267 cases of murder, 59 of robbery and 1,254 of loot.

Rape cases too have shot up steeply. The 2009 crime statistics show that at least one woman in the state is raped every day. This has made the case for guarding policemen all the more untenable.

While there is indeed a comic element in it, women activists do not find the police department’s move in the least funny. An activist who did not wish to be identified said the state’s cops were a lethargic and corrupt lot, and thus had no business to squander taxpayers’ money to pay for their own protection.

What the police should be doing, say crime watchers, is to institute the long needed reforms that have so far remained in office files. Like some other states, Gujarat too faces severe shortage of security personnel. These same guards could be used to bolster police manpower in the crime-hit areas.

But the police will have none of this. Argues RJ Sawani, commandant of the SRP group at the ONGC camp, Mehsana: “It is nothing new for the police department to have guards protecting their establishments. As a matter of fact it has all along been a tradition, and there is a provision for granting such a facility in the Police Manual. All security norms have a place for it. In Madhya Pradesh, Uttar Pradesh, Orissa and Jharkhand police stations are easy targets for Maoists, and hence the need for security.” According to him people are as safe as their protectors are.

But this is what the officer says; among the people the move has created deep and widespread resentment. And this anger mounts as steadily as the crime graph climbs. This is one more problem that the cops in this violence-ridden state are having to cope with.

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Source :
IIPM Editorial, 2009

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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Thursday, January 22, 2009

IIPM NEWS - Global auto giants Toyota and Honda

Take global auto giants Toyota and Honda. Both are gung-ho on the success of their fuel-efficient hybrid cars, not just to allay government pressure but also because they know its potential to add to their bottomline. Already, both Toyota Prius and Honda Civic Hybrid are honking home with consumers. In FY-07 Toyota sold about 429,400 hybrid vehicles globally. Although less than 5% of its total vehicle sales, yet in terms of sheer hybrid sales, the figure put Toyota up 37% from FY06. Had the US slowdown not gate crashed as a party pooper, even the ailing Detroit three (GM, Ford & Chrysler) were all set to receive a cool $25 billion as a government loan to retool their gas-guzzler set ups, produce more fuel-efficient cars and fight the Japanese onslaught. As it happens, the credit crisis has put them in a spot and Detroit execs are instead requesting a $25 billion bridge loan from the Congress to merely help keep their head above the water.

India is not too far behind in the green race either (See India Inc.’s Green Gamble on page 75). Maruti and Hyundai have come up with LPG and CNG based variants for WagonR and Santro respectively to boost sales. Further, Honda has already launched its Hybrid in the Indian market, while other auto majors like Toyota and Mahindra are mulling strategies to launch their eco-friendly hybrids. What’s more, even before the Japanese and Americans could even start thinking in that direction, an Indian ‘hybrid’ car was already zipping across the efficiency highway - and we are not referring to oil efficiency here but electric cars. Reva, India’s very-own, Bangalore based, company was the first in the world to commercially release an electric car. Gung-ho by industry predictions that electric cars will constitute about 25% of all new cars by 2020, the management at Reva is excited about their steadily rising sales chart. In fact, Reva is already being sold in countries like UK, Ireland, Belgium, Spain, Cyprus, Greece and Norway.

However, the present global economic downturn may be a challenging time for the green brigade, albeit temporarily. With families struggling to stretch their household budgets, higher price of organic products is a big turn off, especially when cheaper mass market alternatives are ready to fill in the gap. But the lean phase is certainly not turning off marketers across the board, who are betting big on booming demand in times to come. And for all those who thought that green laptops, refrigerators, handsets, were part of a company’s philanthropic benevolence, rest assured that Jeff Immelt is (and will remain) an intransigent businessman, not a gullible altruist.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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Wednesday, January 21, 2009

India List of Terrorists gave to Pakistan

The name of Hafiz Mohammad Saeed is missing from the list of terrorists India gave to Pakistan by TSI's Niloo Ranjan Kumar

The list
1993 Mumbai blast accused

1 Dawood Ibrahim

2 Ibrahim Tiger Memon

3 Ayub Memon

4 Anis Ibrahim

5 Sheikh Shaqeel alias Chota Shaqeel

6 Anwar Ahmad Haji

7 Mohammad Ahmed Dosa

8 Ishaaq Hussain alias Ali Musa

9 Sagir Sabir Ali Sheikh

10 Aftab Bataki

11 Javed Patel

12 Karimullah Habib Sheikh

13 Salim Abdul Ghani Ghazi

14 Riyaz Abubaker

15 Munaf Abdul Majid

16 Mohammad Tahir

17 Khan Bashir Ahmad

18 Yaqoob Khan

19 Mohammad Safi

20 Irfan Ahmad

Accused of hijacking IC 814

21 Athar Ibrahim

22 Azhar Yusuf alias Mohammad Salim

23 Zahir Ibrahim Mistri

24 Saeed Shahid Akhtar

25 Saqir Mohammad Sarkar

26 Abdul Rauf

Accused of terror acts in J&K

27 Maulana Yusuf Shah alias Sayyed Salahuddin

28 Amanullah Khan

29 Firoz Abdullah

30 Zaki ur Rahman Lakhvi

31 Aamir Raza Khan

32 Mohammad Abdul Sahid

33 Azam Cheema

34 Rahil Shiekh

Accused of Parliament attck

35 Maulana Masood Azhar

Khalistani Terrorists

36 Gajinder Singh Khalsa

37 Lakhbir Singh Rode

38 Paramjeet Singh

39 Ranjit Singh Neeta

40 Wadhwa Singh