Saturday, June 1, 2019

Rise and rise of Narendra Modi

On 23rd May- 2019, Narendra Modi created history. He has been winning elections since 2001. Perhaps the greatest self-made politician post-independence. One may agree or disagree with his policies but winning every election certainly requires a great chemistry with the people. Moreover, these wins are not in the era of booth capturing, all are in the millennia. With the advent of EVM, the democracy got strengthened in the hinterland. Cases of booth capturing reduced. The credit for this should also go to the tireless workers of Election Commission of India’s office. They are the real pillars of democracy. It is because of them free and fair election was possible in Bihar and Bengal.

Perhaps, what makes Modi a different leader is that he has travelled length and breadth of the country and this counts a lot. Take other example, Jagan Reddy was doing Padyatra for the last 5 years. Akhilesh Yadav in 2012 did some really good campaign management in the assembly election. He did cycle yatra. Compare that today when during LS -2019 election Akhilesh was only in AC busses, chartered flight and helicopter. To campaign only in UP I don’t think one needs all these stuffs. Having said that it is not the mode of campaign only that determines the success in election but other factors as well. Before 2001, Modi has travelled throughout the length and breadth of country and stayed almost in every district of India. This is a rare feat that you will find hardly in senior leaders across the party. It has given immense information about ground reality. Probably, it is this experience which helps in razor sharp implementation of many schemes such as Jan Dhan, Ujwala, Uday and many others.

In this election if you will analyze even the location of Modi’s rally you will find that they are strategically located. My own experience while travelling in the eastern UP has been shared with some of the friends’ time and again is that people for the first time believed there is a PM who can deliver. Previous govt too had Indira Awas Yojna, but the scale was very small and there is used to be rampant corruption. For the first time they are seeing scale. How will a person on ground buy the ‘chowkidar chor hai’ argument at ground level when they see that PM promised INR 6000 pa for farmers and they have received it without any corruption! Compare this with MNREGA were labours receive a fraction of promised amount! Had there been no Balakot attack still Modi would have won because of the delivery that the govt has done. More could have been done for investment and there may be many other issues were the govt could have done better but if we go by pareto principle then, we will find that govt did well.

Another issue in this election has been the role of media. There were many media houses which projected Rahul beyond his capacity. Imagine the person whom media thought was PM material lost his seat! It simply means that the media reporters were either blind or they deliberately projected him. Getting less seat is one thing but PM candidate losing his seat simply means that so called editorial writers are biased. Now, many channels are saying that Amethi was backward! Were these people blind pre 23rd May? I wish media did exact scrutiny of Amethi as they did for Varanasi. Media did similar thing in 2014 when they tried to project Arvind Kejriwal as PM and the reality was AAP lost deposit in more than 400 seats! So that’s the level of analysis of the media. Coupta ji ( Shekhar Gupta, who infamously predicted military coup in 2013) finally in  a video has confessed that media deliberately closed its eyes and said there is no ‘wave’.

Many people are saying we need strong opposition. Well that is true. But it is the people who has given this kind of mandate. Hence accept it. Period.

When Trump became President people came out in protest! Now, this ploy is worst. If you don’t like any govt then go out and vote in against. After that accept the result. These modus operandi have been active in India too. Democracy is not in danger in Delhi were Arvind Kejriwal is having 67 MLAs out of 70! But if BJP won 303 then we need strong opposition! These thought is rubbish. You don’t vote to elect opposition. You vote to elect govt! Democracy is there in Delhi and will be in LS even if BJP wins 545 seats. So avoid fear mongering.
India is democratic country and has seen many governments both at state and central level so these whole ‘dictatorship’ issue is hokum. Its an affront to constitution if one believes so. Don’t believe what the so called ‘eminent’ or ‘padma’ journalists say that our democratic system will fail. It will remain intact no matter who come. And if you still don’t believe than I would suggest kindly, go through a book on Indian polity!

The reason Modi is winning because opposition is still countering in typical dynasty way by demeaning him, ridiculing him. This makes him stronger. A typical voter does not buy the argument that Modi is corrupt and opposition keeps on banging their head saying he is corrupt. Similarly, Manmohan Singh had an image that he is non-corrupt. Despite all the corruption in UPA-2 general public believed that he is non-corrupt. Hence, the BJP in 2014 attacked UPA on corruption not MMS. They accused MMS of being Bhishmapitamah and not acting in right way but none accused him of corruption.

For India to remain strong the dynasty must go. The party should be finished. Let another PVN come. Why do we need a family party? All major reforms in this country are done by non- Nehru- Gandhi family. Shastriji started green revolution, PVN brought economic reforms, MMS brought nuclear deal. Don’t forget that MMS threatened to resign for the deal that is why it happened. I have written previously also that the biggest crime by political party is not make people remain poor. INC has done that. The family run PMship was detrimental to the economy. Rajiv Gandhi’s short term loans lead to balance of payment crisis in 1991. Indira Gandhi’s regime in 1971 had 97% income tax! India didn’t use air force in 1962 war because ‘chacha’ ji felt it would escalate the war (Read the ‘Himalayan Blunder’)! May be for him India was in and around Delhi. This doesn’t mean that they haven’t done anything good but going by Pareto’s principle they haven’t.

To sum-up, the rise and rise of Narendra Modi is not chamatkar, rather it is the hard work that has paid off. I remember once Mohan Bhagwat said that we Indian have this ‘mai-baap’ mentality that somebody will come and help us out. We should come out of it. Modi will come and go but to make nation great to improve our lives we will have to work hard. Modi will not clean our house it is us who has to do it. In short, over reliance on govt should end. Believe in your ‘purusharth’ !  

Wednesday, December 12, 2018

Strategy to रणनीति.

Academic studies give us a good theoretical framework to apply in real world. These frameworks are dynamic in nature and comes with certain prerequisites, which are the back bone of underlying results. The prerequisites are similar to boundary layer equations of fluid mechanics in which any change in boundary layer equations will result in drastic change in end results. Similarly, while applying the frameworks in real life situations we should first understand the underlying condition which resulted in the framework formation. The beauty of running a business is that the situation keeps on changing and hence, one has to be dynamic enough to change accordingly.
The HBR case studies may not always be applicable in Indian scenario. Take for example, in US festive season and dates are fixed such as  25th Dec or 1st Jan but in India the dates of Durga Puja, Dhanteras and Deepawali are not fixed. From my business experience I can tell you that customers behave differently when all these festivals are in same month and when they are in different months! So the forecasting of demand with seasonality factor might not be that accurate in India than in US! Every 2nd or 3rd year Deepawali comes in the month of November but by the time you get your data very accurately, the economy has expanded by more than 7.5% CAGR which means that the per capita income has also increased represnting the consumer preferences has also changed. I believe here we will have to move from strategy to Indianised “ रणनीति”. The desi version of framework will incorporate all the local problems (in terms of fluid mechanics, boundary layer equations). From resource management to marketing, we have to take all B-schools learning with a pinch of salt.
The other major challenge that entrepreneurs face is the idea of India being a homogenized market. India is such a huge country that even though it is growing at 8% there are areas which may be growing at 15% while other may be at a meager rate of 3%. One should be at right place at right time to gain maximum from this growth story. Both start-ups and traditional businesses should understand the local traditions and diversity of different parts of India while expanding and extrapolating their local success. For example, the food preference in Gujarat is much different from that of North-East. Similarly, the success of certain automobile brands is also localized. If you are in event management business, then your business model has to be different in north and south India. Compare this with US where they have more or less a similar pattern in marriage celebration.
The major growth driver of our country are in fact few cities! Even the ease of doing business index is from big metro cities. The reason why we don’t have 10% plus growth is not due to lack of government support but due to excessive government interference. The day one can open a small shop in small cities of UP, Bihar, West Bengal, Odisha etc without any government interference I will say we have improved in ease of doing business. For example, in UP, the taxes are same in Noida and Gorakhpur. If you want to set up an industry in Gorakhpur and want to buy land from Gorakhpur Industrial Development Authority (GIDA, it is similar to NOIDA) on EMI then they will charge you whopping 15% interest rate! If you have more than 10 people working in your premises, then you will have to register in labour department! Moreover, if you want to construct a building in the city then you will have to face countless departments! Many things have changed by digitalization but it has to go a very long distance.
Things are changing rapidly. It is an important as well as exciting phase in the history of our country. The biggest positive change is that now profit is not sin. Doing business is not considered as bad by the society. As an entrepreneur I will say that I learn every day. As country we are poised to be at top and I don’t have any doubt on it. We have to keep up the fire. To all the people who want to do business I will suggest that be grounded and learn everything from everybody. Talk to your uber or ola driver, trust me they can give you good रणनीति. They might be weak in jargons but they will tell you the real pulse of the market. Remember to take a leap from strategy to रणनीति.

Thursday, June 7, 2018

Everything w.r.t !

I was thinking, what is the most impactful word in any language? Of course there can be different answers for this question. After all it’s a ‘’subjective’’ question. Am I right? But what determines that subjectivity? Again it will be “your experience”, “your thought” so on and so forth. I found “my” answer not in philosophy or sociology but in physics. The word ‘with respect to’ or w.r.t is more powerful than any other word.

Now, read all the inverted commas in the above paragraph by keeping in mind “with respect to”. We develop our thought or anything “with respect to” something. This w.r.t is in our mind both explicitly and implicitly. Perhaps, education tries to make it more explicit and coherent so that it becomes predictable. This gives birth to another word “predictable”. Life is not easy!

Predictability is the single biggest pain in Physics or for that matter in any other subject. We all want to know what is in store in our future. We work hard to “predict” our future or in other words to reduce uncertainties. Uncertainty is the single biggest challenge. Einstein refused to believe this uncertainty while Heisenberg capitalized on it. The difference in views of both the great scientist was due to “w.r.t”! Einstein viewed the world of small with respect to the world of big! Human beings has been reducing uncertainties by minimizing risk or reducing uncertainties. It is precisely this activity which sets us apart from other organism. Perhaps, it is one of the reason how our species became dominant while others such as homo erectus or Neanderthals lost the race. The biggest challenge in any economic model is to make it more predictable. But economic models try to reduce the uncertainties by removing some of the “with respect to” (w.r.t) portion. This makes them constantly changing model. The input variable which is sometimes assumed to be constant tends to change in the long run.

This leads to another question, is 'constant' good? Or is status quo good? This can be answered looking at the quantum mechanics theory of uncertainty. Perhaps, things remain uncertain because of our inability to make it deterministic. Neither the atom nor the humans are having so called “Free will”. Free will is perhaps the integral of all our experiences. These experiences are always with respect to something. We may or may not be able to explicitly mention it but it does exist. Well, this was free will w.r.t to science. When free will is mentioned w.r.t economics it means the person decides his/her without any governmental influence. Now, back to the status quo question, is it good or bad? Imposition of it is bad. Since status quo can be changed by the integral of various small steps. For eg; earth appears to be flat but if one takes the integral of all the spaces it becomes a spherical similarly for a giant ship it will take a lot of time to turn. Similarly, imposition of status quo is against natural instinct of change. The basis of any advertisement is that we don’t have free will i.e we get influenced! In fact there is a ratio for cuteness too. Disney exploits it in a better way. They design the cartoons to appear cute and attract people.

Its interesting to relate uncertainties with capitalism! Capitalism increases randomness because more and more people are empowered, but this will increase the level of uncertainty. Hence, should we follow socialism or communism? The answer is big NO! Because this randomness is good as it brings creativity and new thoughts. Compare this with socialism or communism where the government is all in all, this reduces or perhaps, kills creativity. Now in this case all the risk is in a single basket of creativity, compare this with capitalism where risk is averted by having n numbers of baskets of creativity. Socialism or communism is like maintaining the status-quo. Sooner or later this will be challenged. They are in fact counter-intuitive.

In fact the cognitive dissonance can also be explained with the word “with respect to”! The input item in the case of cognitive dissonance was also not constant for long run. This created a shift in “w.r.t” portion of the initial decision! Jisko constant soocha wo to variable nikla! This shifts the “w.r.t”!

Wednesday, November 15, 2017

Entropy and evolution

Sometimes I find that entropy and evolution are the visible realities of the world. The more we read about it and try to implement it in our life the more predictable things become. When I say to implement it I mean to implement the principles of evolution and entropy. This basically means by looking at the fossils we can predict what changes we can expect in the future or by measuring how fast the entropy of a system is increasing we can expect the failure of the system.

But the question remains how to implement it in our life or how far is it true. Well, regarding the reliability of entropy and evolution I can vouch that these are scientific laws and are valid in any universe.  It is all about improving the efficiency of the system. It is because of this efficiency we have redundant organs in our body such as appendicitis. In the same way we try to reduce heat loss in various thermodynamic systems.

An organization is too like an organism the only difference with biological evolution is that here organizations doesn’t take millions of years to evolve. An organization which response to outside environment stubbornly tends to remain laggard while those tends to flow with the change remains successful. But the question now comes how to know that the change is in the air and even if one knows then how to implement it. Well, I believe the flow of information in an organization is what genes to an organism; the greatest anti-body for flow of information is bureaucracy or our desi babugiri. This curtailed flow of information creates a false ‘feel good factor’. Arun Shourie once said that by becoming minister politicians tends to think that traffic problem is solved! Even in industry when the top officials don’t interact with the ground workers they tend to enjoy the illusion and there are very rare officers who blatantly say that the emperor is naked(it’s a story about an emperor , you can read it here In such condition it is only the honest officers who suffer. To run a company successfully it is very much required to interact with the lowest staff to know the ground reality.  I can sum-up the whole paragraph in this hindi doha  “निंदक नियरे राखिए, ऑंगन कुटी छवाय, बिन पानी, साबुन बिना, निर्मल करे सुभाय।‘’


In the book ‘how Toyota became world number 1’ the author has mentioned a very unique and remarkable characteristic of one of its CEO that the CEO changed the location of his cabin in such a way that he has to pass through the assembly line to reach his cabin. This helped in creating a positive environment for the workers. The CEO used to have his lunch with people in the normal canteen and frequently interacted with them.  Similarly, one can find that the governments usually frame policy without having much interaction with ground workers. We usually hear that the government has spent so and so amount but we hardly here about the ground reality of the amount spent; let me give you a better example, we hear that the government has released tender for so and so road project. In reality most of the projects gets delayed due to various bureaucratic issues such as land acquisition or improper compensation.  These perpetual delays are hardly highlighted by the media, they go more by the headline statement that is how much tender the government has awarded.

I believe capitalist society with democracy and maximum individual freedom represents that thermodynamic system which has least entropy. Well, the term maximum individual freedom is indeed debatable but at least one can strive for it. No matter what system you try to build it will try to move towards the system mentioned in first sentence. USSR and East Germany are some of the example which has finally accepted the reality and has more or less aligned with capitalist society. Sooner or later China too will have to realign itself. China is part communist though it has opened up its market it is yet to accept democracy. Democracy with capitalism weeds out the inefficient from the system. The more we compromise with the ‘maximum individual freedom’ the more we breed inefficiency. Take for example congress party was a different party during PVN Rao’s time. The contempt for democracy and sycophancy has reduced it to a very inefficient political party. This democracy and maximum individual freedom applies to even the corporate world. A company that is not open to suggestion from its employees will eventually leady to shoddy product resulting in the downfall of the company. Again the catch is the ‘maximum individual freedom’, the way the definition changes for a company will eventually determine its success.

So far we are done with evolution and entropy; the combined effect of two produces foresightedness. There are ‘critical junctures’ in everybody’s life, corporation and even nations. In 1947, two countries got independent and both countries had the same military training yet one became democratic while the other still lags behind with frequent military rule(sometimes even militant rule!). We are like this not because Nehru was very good (he may or may not be I am not going in that debate) or other PMs were super awesome rather because of institution guaranteed by our constitution. Similarly, after separation of church and state UK, USA Canada and other protestant society progressed even though Italy , Spain and Portugal took the lead in early 14th 15th century. This foresightedness is actually the summation of many critical junctures that occur in a country or in an organization. Xerox company in spite being first one to develop mouse and word could not took the lead in PC industry. Kotak developed the digital camera yet lost the race! Blackberry, Nokia Sony Walkman and many others are the perfect example for foresightedness.

At last I would like to end with a paradox of my analogy ‘’if entropy becomes zero then the system will stop working’’! Enjoy physics J

Wednesday, May 24, 2017

Status quo challenged

It’s been a very long time since I have written a blog, I usually write when I usually don’t find such views written or appreciated widely. Since my last blog many things has happened from surgical strike to demonetisation to Dhoni’s retirement and so on and so forth. Our country is changing very rapidly; this makes me remember my college days. I joined NIT Surat in 2007. By the time I passed out in 2011 the college was going through a facelift. I was fortunate enough to see the REC era infra as well as the new infra. Perhaps, our generation is lucky enough to have seen the DD1 era as well as the cable TV era. From ‘humara bajaj’ to new age KTM or RE bikes we have seen a lot. We can compare and contrast the change. We have seen how our parents after working for more than a decade or two were in a position to buy their first car, contrast this with our generation capable of buying a car within four to five years. From ‘Rangoli’ (DD National program) to MTV to modern day Youtube we have seen the transition and can feel it.

I have always written how our economic policies pre 1991 were responsible for backwardness. The biggest crime is to keep people poor through the government policies. Communist are hands down champion in it. But things are changing lately. Elitism is falling apart. Inefficiency is now more the status quo. The steady state is disturbed. It is clearly written on the wall that from now small town will give you enough competition. There was a time when more than five players from Indian cricket team used to be from Mumbai, then came a guy from a small town and went to become the captain of Indian cricket team! Narendra Modi was opposed both within the party and of course from ‘lutyens delhi’. He went to win a historical general election. This unprecedented victory put the last nail in the coffin of ‘dynasty politics’ and ‘elite of lutyens delhi’. With no family background of politics and having been worked away from Delhi, Narendra Modi was unfit to become the PM as per the definition of ‘lutyens delhi’.

A rebel against the media was slowly working against the elite of Delhi’s bazaru media. A person from Assam was giving a tough fight to the thick skinned English journalist with high profile connections. Arnab Goswami has changed the face of English media with his new channel. We need not agree with all his views but he has certainly forced other channels to change the narrative make them more aligned with the national interest. With recently released TRP rating his channel was ranked as the most viewed English news channel in India. Arnab Goswami also represents that national news channel is not the sole proprietary of select few from north India rather it can be taken over by anybody from any part of India. The tectonic shift in news base from Delhi to Mumbai has already recorded a heavy earthquake in the field of news media. If he can start reporting from remote parts of India it will be a giant leap forward in re-establishing faith in media.

Bahubali has done a remarkable work for the Indian film industry. It has broken the shackles of giant elephant called the Indian film industry. The elephant has woken up and is now slowly recognizing its potential. We have seen enough craps from Kapoors, Chopras and Johars. It has set a new bar that if your story is good then people will watch it in all languages. Compare the wonderful movie ‘Raanjhnaa’ with ‘Chennai Express’. Dhanus was splendid while SRK reached the nadir with such a rubbish movie. Bahubalí’s success is not mere monetary it represents the dissent against the dynasty culture in each and every sector. It represents the tectonic shift in elitists below average work which was taken for granted for acceptance.  The success of Dangal represents the aspiration of small towns and cities.

Today, Major Gogoi is treated as hero and whole nation stands for his action. Mr Gogoi ,a Son of small farmer from Assam represents all those young people from small cities who want to work hard and aspire to reach at top. People are no longer buying the leftist crap of luteyns Delhi.
The day internet became into being the exclusivity of select few came to be eclipsed. Today I can write what I feel and it can be read by anyone. Imagine few decades back people had to buy the crap of editorials written in newspaper. You and I could not disagree by writing a different opinion in the newspaper. But things have changed now, anyone can pen down their opinion now. Twitter came as a biggest boon for millions of people who disagreed with narrative presented in newspaper or on TV channels. Everyday thousands of people expose the hypocrisy of so called ‘neutral journalists’. No doubt journalists who enjoy an unparalleled freedom of speech want to curb the voices of dissidents on twitter!

Vijay Shekhar Sharma naam to suna hi hoga has changed the way we do transaction with his company, Paytm. Its written on the wall very clearly that dynasty culture and elitist culture of select few will change and it is changing. So enjoy you are living in a very different era!


Wednesday, March 9, 2016

Communism and JNU


I was going to sleep, but… Yeah this ‘but’ factor is very dangerous. The word ‘but’ simply undermines all your previous statements. This single word is capable of ruining all your previous statements or thoughts. Well, I am not a philosopher so it is not my domain to discuss about ‘but’. So where was I? On but!! Yeah, but I opened twitter and read about this chap ‘Kanahiya Kumar’ !
Hum leke rahenge azadi, humein chahiye azadi! Yes I definitely need azadi from these communists, maoists, and terrorists! For the past many days I have been reading and listening a lot about JNU.

Let me start with a disclaimer that my hatred towards this institute dates back to 2010. At that time I read in newspaper that when CRPF jawans were martyred in Chhattisgarh leftist students from JNU celebrated it. At that time other student unions jointly condemned such acts of left student union. While chit chatting with friends I came to know that many of the people are unaware of the dangers of communism. Many people treat Kanahiya Kumar just like any other student. This is the biggest problem. These left students are the highly brain washed people. Even if you don’t find them raising slogans still they tacitly support such discourse.

 First lets take a brief tour of left history. There greatest leaders are Lenin, Stalin, Mao Zedong, Fidel Castro and others.  Lenin started using political murder as a tool to strengthen Bolshevik party’s regime in Russia after the 1917 Russian revolution. He killed lakhs of people who were against his party. Stalin killed more number of peoples than Hitler killed! Stalin’s daughter defected and become a naturalised citizen of US. Stalin successfully and neatly killed millions of people by sending them to Siberia! What is more surprising is that our first PM was very much influenced by USSR! Have you ever thought how come we have so much Russian influence on us? Indira Gandhi was very much influenced by the totalitarian regime of USSR. No wonder she imposed emergency. Yuri Bezmenov was a Russian KGB agent who came to India to establish Brauni oil refinery. He then defected and become a citizen of US. He in an interview has said how they unleashed socialism in India. They use to invite big poets, writers and media tycoons to USSR. There they were brain washed and send back to India. It’s a very good video, link is provided at the end of the blog. If you get time then do watch it.

Mao Zedong unleashed the lefts murderous regime in China. He too started with a revolution in 1949 and took absolute control over China. His policies caused the greatest famine in the history of modern world killing millions of people. His ‘’great leap forward’’ policy people die due to hunger. All this happened in the modern world in 1957! It is widely speculated that it is due to growing dissent against his regime that Mao decided to attack Korea and India. Till that megalomaniac was alive China was in darkness. After his death China unleashed many reforms and today it is leading economy in the world. Links will be provided at the end of the blog.

Cuba is small country near United States. Fidel Castro is the communist dictator of Cuba. He systematically destroyed the sugar industries of Cuba by nationalising it. He nationalised all the farms. As there was little incentive to work hard in farms people stopped working and gradually its sugar industries collapsed. Today it is running under high debt and living with the help of remittances that it receives from millions of people who migrated to US when Fidel took over.

One thing is common among all leftist discourse. They make you feel oppressed by so called the ruling class. The left ideology has failed world over. First the make use of freedom of expression to criticise you and when they attain power they will gag any opposing force. Communist party member can't criticize their government in China! And throughout the world wherever the communists have ruled only one party remains in power and that is theirs! There is no functional democracy in any of the communist ruling countries.

But again you might be thinking why I am writing about rest of the world. India is different! Well communist parties are divided by countries but united by thoughts! During 1962 Indo –Sino war the Communist Party of India (CPI) supported China! This is the same party whose student wing leader is Kanahiya Kumar! The communists have always maintained that India is many countries! They cant digest the present boundaries of India! That is many people who might not know the history of communist party may be surprised by the anti-national slogans and its support from left parties. JNU is the hot bed of communism in India. These slogans are not isolated incidents happening there. Afzal Guru’s death anniversary has been celebrated there as martyrdom since last three years! The highest number of political murders in India has taken place not under BJP or Congress but under left parties in West Bengal in 33years of there brutal rule! Now can you connect the dots? From Mao Zedong to Stalin all used political murders to establish their rule!

The Indian left parties are appeasing left parties. They are not truly atheists. One thing I find good in communism is they don’t allow religious fanatics to grow but they end up projecting themselves as God. None of the left parties in India demand Uniform Civil Code. None of them demands to end up polygamy in India. They don’t have the guts to speak like Richard Dawkins or Christopher Hitchens. They cant call a spade a spade until and unless they are from particular religion. I too believe in atheism but I believe in course correction, in reasoning not in showing contempt towards people’s belief. This is the reason why atheism thrives in non-religious sense only in democratic and economically right countries. In communist countries they supress religion but end up making their leaders as new God. Same thing happened in China under Mao and in USSR under Lenin and Stalin.

The solution for JNU what I believe is to shut it down for a year and flush out those spreading communist agendas. I know it is very extremist step but it has to be done. It is tumour and not a cancer as it is confined only to its campus. In JNU both Profs and students are of the same mind-set. When I say prof and student I mean a considerable number of them. These people have contempt towards the history and culture of India. They are still living in the delusion of oppression. For them Indian Army is worst oppressor. The problem is these people end up writing shitty books and they get political awards like Sahitya Academy and others. These same bunch of idiots go and join NGOs that goes on protest on any developmental project that govt takes up in tribal areas. These same idiots join news channel and some become writers for leading newspaper which is a must read to clear civil services examination! The vicious cycle is so strong that any attempt made to break it will end inviting widespread protests. Just connect the dots with the recent events and you will understand what has happened.

Some students in JNU feel that Afzal Guru was not given fair trial. Well if they want to raise a technical issue why don’t they discuss it in class by asking their profs? Why don’t these idiots ask in their lecture, sir/mam why cant there be plebiscite in XYZ part? These morons simply want to disturb the unity of India. They should not be tolerated. These people feel Yakub Menon was not given fair trial. I don’t find any country in the world where at midnight lawyers knock the door of Judge to stop the execution. These people are so nationalist that for them thousands of people who die in bomb blast are of no use. How many times has JNU protested for those more than 70% people who spend their life in Jail just waiting for their turn to come for trial! Why hasn’t any Kanahiya Kumar or for that matter Arvind Kejriwal protested at Jantar Mantar to bring Judicial reforms. None will do. Kanahiya was asking reservation in private sector! Irony is leading journalist are hailing him as upcoming leader!

Till such parasites exist in India we will never ever fulfil the dream of APJ Abdul Kalam of becoming a first world. Its been more than a decade when I heard about his mission 2020. Such great souls are not part of discourse in JNU. The only difference between those spreading communism and a jihadi is that latter are mostly poor and illiterate. 

NOTE: Go through the links below

Tuesday, September 8, 2015

The 'cosmetic growth'

Let me start with a disclaimer, this blog has nothing to do with cosmetic products and yeah its a long post!

Cosmetics help in improving a person’s beauty. It can make you beautiful and more attractive but if you are not confident then, you will not be able to survive your presumed stature. To gain confidence you need to first develop skill in which ever domain you tend to work, be it acting, engineering or even HR. Your outlook/cosmetic make up will only enhance your personality but WILL NOT MAKE YOUR PERSONALITY. Having said that lets move towards ‘growth’. Growth has different connotations, if doctor says about the growth of a child then certainly he means physical growth. The requirement for growth in different age group is not same. A one year old child requires breast feeding while a 12 year old child needs balanced diet. And yeah, this blog is not even about the biological or physical growth of a child. Keep this paragraph in mind while reading on economic growth of India further in this blog.

India is a diverse country and it needs different doses of development in different parts of India. During British era, regions around Kolkatta and Chennai were relatively developed. There were lots of colleges in that region. Similarly, parts of erstwhile western India like Mumbai, Karachi, Sindh, Punjab were good in business. You can feel this even today, if you enquire with your friends then you will find a lot of Bengali friends will say that their grandparents were Indian railways living in different parts of India. Similarly you will find a lot of Tamilians in better positions in different government organisations. You will a large number of Sindhi and Punjabi (specially those who migrated during partition) entrepreneurs. Till 1937 Burma was also part of India and for a long time even after 1947 Kolkatta continued to be the education hub for Burmese. If you travel throughout India you will find how different cities have different biasness towards development ‘x’ may be good in something while ‘y’ may be in other. After independence we saw growth in number cities. But many of them were historically important or had colonial bias. We will come back to discuss about cities latter while discussing smart cities.

Now consider a farmer of 1950s who had a son who studied hard and went to get his engineering degree. He went out of village and ensured a better lifestyle for next generation. Now that person (son) had his friend who in spite of getting an engg degree couldn’t secure job as a result he continued to live in village. Now this is the job scenario of 70s and 80s when there were very few private firms. Job meant only government jobs. So even a group D staff of government office had the opportunity to send his kid to KV and ensure a better education on the other hand a person living in village of India will continue to deprive his kid due to lack of such facilities. Now compare that with todays India, lakhs of people are employed in IT companies which continues to grow without much assistance from Govt on the other hand there are temples of modern India aka PSUs which continues to thrive despite making losses and sucking tax collected (both direct and in direst tax) from the remotest village of hinterland of India. Had there been no economic reform in 1991 India would have been on the brink of civil war. Today the engineers need not live in village and deprive his child from education he can very well move to cities and earn his living. This has increased competition in various sectors. These IT companies created a huge demand in housing, automobile, pharma, insurance, banking and many other sectors. As a result from steel to meal (packaged food) every sector had a growth trajectory.

Finance ministry is too serious ministry to be left to the political populism. In fact if we need to grow at higher rate then, every party should seriously ponder on economic issues with leading economists. Just like a child needs different nutrition at different age group, India too needs different policies after every few years. In India for eg, certain domestic industries are protected from foreign companies, but it is the duty of domestic industry to rise upto the international level or perish. So which ever government will try to tighten the screw our corporate world will protest! This is one of the many cases.

Unfortunately, we are not revising our policies very frequently. When there was IT boom we were so much awed by its success that we forgot to look after the manufacturing sector. We had 7%+ growth but we forgot to do structural changes while enjoying the COSMETIC GROWTH. This cosmetic growth leads to boom in housing sector which lead to boom in steel industry. People started investing in housing sector and this lead to huge speculative market. Even in IT sector we relied more on the low cost service that we provided to our foreign clients due to cheap labour. Subsequently, people started gaining experience and the low cost party was finally losing its lustre. This vacuum was filled by new tech startups which promised better solution. Anyways, the key take away here is COSMETIC GROWTH lead to huge surge in real estate and it is due to this reason that we are having millions of empty apartments in Bangaluru, Delhi NCR and in Mumbai. The whole growth was inflated without producing any actual work.

The government has promised smart cities which is a welcome step. Remember the first para when I said about growth and I explained how since colonial era we had selective growth of few regions. India will continue to have cosmetic growth if we don’t develop eastern UP, Bihar, Odisha and NE (cities Dimapur). Sadly many regions from these areas are neglected in smart cities. Some more cities need to be included in it. These cities should be clubbed under different groups based on population, area and the kind of industries that it can cater. The requirement of Visakhapatnam is not same as that of Patna or Varanasi. Fund should be allocated according to its need not by fancy thinking.

Millions of young people are every year added in the work force. These smart cities will provide job to them, but aren’t we again looking for cosmetic growth? People have already started speculating land values in respective cities and it has already created a buzz in real estate sector. So what is the solution? Solution is to reduce red tapism let the country grow at its real potential, break shackles let people innovate and work easily. In UP if you happen to open a shop then you will have to get it registered in sales tax department, that’s fine. The problem is govt needs three guarantors who are already tax payers! Now even if you have a brilliant idea and say you want to open shop in Varanasi and you are new to that are you wont be able to open it! This is red tapism. If you want to open bank account in PNB you need ‘’introducer’’ i.e. someone who knows you and has bank account in that branch! Yes despite all fancy slogans such things exists. It is still a nightmare to start manufacturing in certain parts of India. If you dare to do so you will be bombarded with so many red tapism that you will prefer to go into the business of buying and selling land! I hope you remember NOIDA’s chief engineer case, if not then google it. Even the industrial land has been used for making money without producing anything. Without dismantling such red tapism you may see growth and may be even awed by it but mind it, these cosmetic growth is not sustainable. Sooner or latter we will face the heat.

By the way, who are the biggest losers in it? Its you and me. We continue to pay high prices for real estate with shabby infrastructure. Rajan sahab said that even a family earning 2 lacs per month cant afford a nice flat in metros. In spite of millions of empty apartments, builders are not willing to sell it at low cost. It’s a vicious cycle. Builders are now sitting at huge debt! Banks NPA is increasing. Mind it, by 2017 for Basel III norms our bank need more than INR 2 lac crore. In spite of this certain PSBs continue to have ‘’introducer’’ column! India can have double digit growth for a least a decade provided we reform our Babus!

Our growth story today is lead by only few metro cities. Imagine with hundreds of cities what miracle we can do!