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Saturday, 11 February 2012

What if others copy Kapil Sibal's defence of the UPA Govt on 2G

What if others copy Kapil Sibal's defence of the UPA Govt on 2G

Happened to see an article on Times of India (Kapil Sibal deflects 2G blame to NDA, Raja).

For those of you who don't have the time to read the whole article above, here are a couple of lines from the article, quoting Kapil Sibal:


Coming out with first government's reaction to the apex court's order cancelling 122 2G licences, Sibal said: "There is no indictment of the Prime Minister or the then finance minister (P Chidambaram) in the Supreme Court's judgment. If there is any indictment, it is the 2003 policy (first-come, first-serve) of the NDA government and we only followed it"

About losses to the government, the telecom minister said "there is no question of loss if the policy (FCFS) is right and if the policy is faulty then you will have to calculate losses from October 2003 onward when the policy was implemented."

And if there was loss, he said, the BJP, therefore, must apologize to the nation for causing huge loss to the government.


I'm sure Mr. Sibal is an honourable man. More importantly, he's an exceptionally smart legal expert. Perhaps, he advised his UPA Partner Trinamool based on which Ms. Mamata and her colleagues have been (directly or indirectly) blaming the CPM for the sad death of several babies in various Government hospitals in West Bengal.

I decided to let my imagination run riot - and started wondering what will be the quotable quotes from people from different walks of life if they were to learn a bit from Mr. Sibal.

Here are a few of those ideas (Please note - all the following bullets are entirely a figment of my own imagination, which may or may not have any resemblence to actual quotes by the concerned individuals on the issues under consideration - Any resemblence to real life situation is entirely accidental):

  • Dhoni on losses in Australia - "Well, actually the blame lies squarely with Lalit Modi - If he had started a private Test league instead of starting all these IPL matches, we would have been better prepared. Also, I must admit that Ganguly should share part of the blame. By not scoring enough runs even in domestic matches in India, he ended up strategically retreating from the Test team - Had he been there, we could have transparently blamed him." 
  • Gilani on the Memogate - "Obviously, this is an Indian conspiracy. Anyone who thinks otherwise is a co-conspirator"
  • Narendra Modi on the post-Godhra riots - "It was all because of the anti-Sikh riots of 1984 - Otherwise, we, the peace-loving people from the birthplace of Gandhi would not have known how to indulge in riots"
  • Kiran Kumar Reddy on Power Cuts - "This is entirely due to Mr. K Chandrasekhara Rao of TRS - For further details, contact KC Rao"
  • Jayalalitha on the murder of a teacher by a student @ Chennai - "This is due to Sun Pictures - After all, they are the ones who come up with all kinds of violent pictures, corrupting young minds - Needless to add, part of the blame should be shared by Vijaykanth as his movies would stand testimony to all kinds of violent behaviour by the hero of each of his movies"
  • Omar Abdullah on the recent resignation of his Education Minister - "Had this happened in other states, the media won't raise a hue and cry. All one needs to do is to look at Pondicherry. People are biased against J & K."
  • Shah Rukh Khan on his "physically violent outburst" - "Hey, look at Harbhajan & Sreenath. If people don't bother about that, why are they after me?"

Well, folks! Before people start getting ideas and decide to look for me, let me start running - Away from the maddening crowds to escape from those who are chasing me!

Regards,

N


Saturday, 4 February 2012

Dangers of Milk & Dairy Products

Dangers of Milk & Dairy Products

The following article apparently refers to the situation presently prevailing in USA:

If half of it is true in India, we ought to be truly wary about drinking / eating any milk or milk-based products.

However, one advantage in India is that the usage quantum of processed milk-based products has not truly exploded - certainly not at my home, for instance.

The disadvantage in India, however, is the comparative lack of reliable regulatory mechanisms to ensure that appropriate standards are introduced and subsequently enforced.

I would love to hear from my doctor friends on this subject.

Regards,

N


Monday, 23 January 2012

Doctors die peacefully. Shouldn't We?

Doctors die peacefully. Shouldn't We?

Death is a sensitive topic.

We all know that we'll eventually die. However, we're often to scared to talk about it. Especially about one's own death or about the prospective death of our near and dear ones.

I felt that this post ought to appear both in my finance blog and in my "Multiple Shades of Grey" blog.

Came across the following article:

Excellently written. Do read it - Especially if you are over 60 or if you have near and dear ones who are over 60.

There are too many reasons as to why doctors die a peaceful death, but patients don't. It is not always because of their propensity to make some extra buck. It is also due to other reasons like

  • Fear of litigation
  • Misplaced concern for the patient
  • Intention to preserve "success percentages"
  • Undue pressure from the family members of the patient, etc.

However, if I'm a decision-maker either about my own health-care when the time comes or for any of my own near and dear ones, I'll try to consciously think about the above article and think a hundred times before going in for artificial life-support systems in a typical ICU.

Reasons are many, including:

  • Improving the quality of life of the patient
  • Reducing the actual suffering of the patient
  • Enabling the patient to be with his / her family and friends in the last few hours / days, instead of being semi-conscious inside an ICU.
  • Reducing the eventual hospital bill (especially by avoiding some futile life-support interventions)

The last point, while appearing rather rude, crude and heartless, is very live, very real, very practical, and, probably the most crucial one for the surviving members of the family, especially in case of lower middle-class / poor / below-poverty-line families. Especially in an otherwise poor country like India.

Think about it.

Regards,

N


Sunday, 22 January 2012

Perspective - Should we care about the society around us???

Should we care about the society around us???

Folks,

This is a subject that will get a different answer from me depending on who you are. And what stage of life you are in right now.

Read on:

I just got a mail from a friend about yet another noble deed being done by a friend of his - The gist is given in the box below:

A businessman-friend of ours, Ramesh Kacholia, runs an organization called Caring Friends (CF) out of his office and home in Andheri. CF helps selected NGOs in India, with organizational and financial support, connecting donors to successful self-help NGOs (today, numbering about about 30). He sent me this wonderful piece about Just Change, from the Hindu:

 


True indeed! There are many more such examples that I keep coming across (some of them strictly local, while others do attempt at scaling up to a regional / national level) for causes as wide-ranging as trade promotion, blood donation, eye donation, road-safety awareness, fighting female infanticide, providing drinking water for all, providing sanitation for all, financial inclusion, primary education, caring for helpless desitute women, fighting drugs, etc.

Problem is that most of us (starting with Me with a capital M) can't look beyond our noses. We're way too "busy" with "our own world". Unfortunately, "our own world" is often much smaller than we realise.

At a strictly materialistic plane, it is OK to do nothing about such causes. At the next higher level when we start thinking that "we care", perhaps a good beginning would be to identify a single "pet cause" and start working on that. Depending on our capabilities, skill-sets, competence levels, energy levels, etc., we can, later on, move on to multiple "pet causes".

However, as we move further up in the thinking ladder, we suddenly realise that each of us is but a microscopic entity in God's scheme of things. He who creates, knows what to provide, when, how, and why not. Nothing that we ever do is genuinely going to change things in the world as we know it if you look at it from a horizon of a few million years in time and a few light years distance. When we go to bed and sleep, some of us (perhaps all of us) get dreams. Some of those dreams are fairly elaborate. For instance, we may have a dream about noticing a child crossing the road without observing a speeding car, and, in our dream, we may find ourselves sprinting over to save the child from instant death. However, when we do wake up, the child, the car, the driver - All of them just disappear. We realise that the whole thing was just a figment of our imagination either in our conscious mind or in our subconscious mind. Taking the analogy further, for all you know, All of us - You, me, Eric, Guha, Balu, ASN, Manu, Manmohan Singh, Obama, Vish Anand, Rajnikant, Tendulkar, Sonia Gandhi, Mayawati, TN Seshan, Sunny Leone, Osama bin Laden, the Somali Pirates, etc. - May all be just part of a truly elaborate dream of some other individual who is presently asleep. Whether that individual is God Almighty or another ordinary individual like you and me. We're merely playing our respective parts, without realising that all that needs to happen is for that individual to wake up to end "our present reality".

Once you reach the above plane of the thinking ladder, you'll realise, my dear friend, that "trying to change", "trying to change others", etc. are virtually of no consequence. We just need to "let it be". And play our part the way we're either meant to or expected to. And wait for "that individual" to wake up!

Enjoy while it lasts!

Regards,

N

Now, why couldn't I think of it, let alone do it?
Our lives won't be complete without such Seva!


---------- Forwarded message ----------
From: PS
Date: Mon, Jan 9, 2012 at 10:42 PM
Subject: Inspirational
To:


A businessman-friend of ours, Ramesh Kacholia, runs an organization called Caring Friends (CF) out of his office and home in Andheri. CF helps selected NGOs in India, with organizational and financial support, connecting donors to successful self-help NGOs (today, numbering about about 30). He sent me this wonderful piece about Just Change, from the Hindu:

http://www.thehindubusinessline.com/features/life/article2777285.ece 

Farm fresh at fair price

MARI MARCEL THEKAEKARA

Business Line "Poor women in the UK paid a fortune for their tea compared to our Gudalur prices.Why not send them our tea, we wondered." - K.K. MUSTAFAH
Why should growers and consumers suffer while companies profit? An organisation that aims to Just Change all that.

Have you ever wondered why farmers are committing suicide so often, yet your vegetable and food bills continue to spiral upwards constantly?

Over 25 years ago, ACCORD, an NGO working with adivasis in the Gudalur Valley below Ooty, began a tea planting programme to secure the adivasis' rapidly diminishing ancestral lands. Outsiders had come in from neighbouring regions and cheated them of their land. The combination crops of tea and pepper took most adivasis out of poverty. Malnutrition levels dropped. Children did not have to go to sleep hungry.

Then suddenly in the 1990s, tea prices crashed. All tea planters were devastated. For ACCORD, it was a lifetime's work going down the drain. Suddenly, realisation dawned that although tea leaf prices had hit rock bottom, tea prices remained high as ever at the Bangalore shops where we bought them. So the planters and consumers were suffering even as tea majors continued to pay dividends to shareholders, and their profit curve went up. Something was totally unfair here. How could we fight this unjust system?

We started Just Change, about a decade ago, to fight for the rights of both poor farmers and consumers. If you think about it, every person is a consumer at some level, we have no choice. We have to buy food, clothes and basics. But do we have to pay unfairly big mark-ups on everything while poor farmers and producers continue to commit suicide?

Power to the producer

The idea for Just Change was conceived after a group of women weavers from Gandhigram visited the Gudalur adivasis. They brought with them saris they had woven. Beautiful Madurai cottons. The ACCORD team could not believe the women were selling the saris for just Rs 125 each. In Gudalur shops, the same saris cost Rs 250. Every single sari was snapped up. The weavers were delighted. When they sold their work to traders or shops in Madurai, they received only Rs 75. They'd just earned double. With the surplus cash, they bought tea from Gudalur at half the price it cost them in Madurai, and some of them took it back to sell to friends and family at a profit, but at less than the Madurai market price. The women couldn't believe the difference in their income from this one transaction. They were overjoyed. We discovered women, unemployed and living on welfare on a poverty-ridden housing estate, in Easterhouse outside Glasgow drinking enormous (by Indian standards) mugs of tea all day. They paid a fortune for their tea compared to our Gudalur prices. Why not send them our tea, we wondered. The idea kept growing.

Now, Gudalur tea is travelling to different parts of the UK, Germany, Orissa, Gujarat, and to women's groups in nearby Kerala. But this is not about Gudalur tea only. We are getting chillies and spices from Orissa and Madurai. We have met farmers from Karnataka, dalit groups in Gujarat, hill people from Uttarakhand. We hope to scale up pretty soon and make Just Change a household word.

Ethical investing and capital

While the organisation has been successful in connecting consumers and producers, a new dimension was introduced to us by Lord Joel Joffe (House of Lords, UK) a brilliant and successful businessman and philanthropist, who was thrown out of South Africa during apartheid when he was Nelson Mandela's lawyer. Lord Joffe said, "It's a brilliant concept, but you won't get very far unless you bring in ethical investors." He put his money where his mouth was and funded Just Change UK for a year.

The idea of ethical investors was developed further by Stan Thekaekara, founder of Just Change, who floated the idea of Participative capital. When money is in the hands of poor people it flows out of their hands like water, to pay for essentials. But the minute it moves from the consumer, just one step up to the shopkeeper, it changes status and becomes capital, enabling her/him to increase business and make more money. Yet, all this money comes from poor people. Their participation in the economy brings them very minimal returns. An unfair system, which keeps them poor.

Within Just Change, the capital becomes participative. Everyone's contribution is recognised, not just investors'. The producers who grow the food as well as the consumers who buy it are all part of a new economic community. The Just Change Community. Profit for the sake of profit is not the motive. The contribution of producers and consumers to the economic process is considered as important as the money thrown into the pot by investors. All are equal partners.

Many little streams…

Recently, Just Change hosted a conference on "Participative capital" together with GIFT, a Hong Kong-based group that brought young business leaders to India to learn about Just Change. They met farmers, consumers and Just Change partners, and subsequently funded the conference to bring on board investors.

The event, which seemed like a pipe dream a decade ago, resonated with people who came and pledged time, support and money. Most moving was a women's cooperative from Nicaragua that pledged support and $100, a huge amount for poor farmers. Equally moving was a pledge from Unicorn, a co-op in Manchester that has sold JC tea for many years now. Friends and family pitched, and so did a number of "believers" who'd got the message from articles and news reports.

At the end of the evening most people left feeling it was possible. From an improbable idea, we might after all, Just Change the world.

Wednesday, 14 December 2011

Double Standards vis-a-vis Dow Chemicals

Double Standards vis-a-vis Dow Chemicals

We're all conscious about the fact that politicians are prone to practice double standards depending on their vote banks at different points of time. However, with respect to the Bhopal Gas tragedy (a couple of decades back) & the sponsorship of the London Olympic by Dow Chemicals, the entire country seems to be going overboard without bothering about genuine justice. And without bothering at all about who ought to share the blame.

Here are a few points which sound odd, to say the least:

  • People want to punish Anderson (preferably catch hold of him and hang him from the nearest pole in public). However, when it comes to Keshub Mahindra, a whole lot of folks claim that he played only a "non-executive" role, he happens to be "old", he happens to be a "gentleman", etc. I have no specific opinion as to whether or not Anderson deserves to be punished. However, Anderson's role and that of Keshub Mahindra are somewhat comparable. We ought to use the same yardstick to determine their guilt levels.
  • Dow Chemicals runs a business in India generating an annual turnover of over 500 million dollars. That's perfectly OK. However, the UK government and IOC should not allow Dow to sponsor the Olympics.
  • At the time of the Bhopal Gas tragedy, if my memory serves me right, the Madhya Pradesh Government had around half the stake in the local joint venture of Union Carbide's Bhopal factory. Now, people claim that Dow Chemicals should be made to bear the "liability" of Union Carbide (even though it was settled in accordance with the law of the land with the Indian government of the day well before Dow Chemicals took over Union Carbide worldwide.) By the same yardstick, the Madhya Pradesh Government should continue to bear its share of the liability. Further, if Dow Chemicals should not be allowed to sponsor the London Olympics, Madhya Pradesh Government should not be allowed to sponsor any sporting or cultural events, and all Indian public sector undertakings should boycott the state of Madhya Pradesh completely till all Union Carbide victims are totally satisfied with the compensation received by them.
  • The Safety of the Union Carbide plant must have been the direct responsibility of specific individuals from the Government ranging from the Factories Inspector to the various licensing authorities at different levels, leading all the way to the Industries Minister, Chief Minister, etc. They ought to be held as liable as people like M/s Anderson & Keshub Mahindra. I'm not aware of any such cases that have been filed against such individuals.
  • Several MIG-21 fighter jets keep "failing" resulting in multiple valuable pilots' lives being lost. A Google search will indicate the exact numbers involved. We should immediately take steps to boycott the Russion Company which manufactures all those jets
  • Every year, thousands of people die in India due to road accidents. While some of these are due to reasons such as faulty vehicles and drivers folly, we're all fully aware of the condition of the roads. A large chunk of the roads are in such pathetic condition that a significant chunk of those unfortunate accidents could very well have been avoided if the quality of roads had been OK enough. I would like to know the number of cases that have been filed against road contractors who have built those roads, the civic authorities who declared the quality of such roads to be satisfactory, etc. Have any of such individuals actually been convicted?
  • "Right to life" is supposed to be guaranteed by the Constitution of India. Yet we're aware of the number of farmer suicides every year. Has a single judgement been passed holding a single State or Central government as "Guilty"?

I could go on and on about the lacunae of our judicial system. The speed our judicial process leaves a lot to be desired. You can't go around holding all and sundry responsible for eternity to cover up your own follies of a slow judicial process. 

I'm no fan of Dow Chemicals. Nor am I unsympathetic towards Bhopal Gas tragedy victims. I just fail to appreciate the degree of such obvious double standards.

Reminds me of the general attitude that prevails in our cities:

  • If there's an accident involving a cyclist and a bike rider, the bike rider is at fault, but ... ... ...
  • If there's an accident involving a bike rider and a car driver, the car driver is at fault.

Have a heart!

Regards,

N


Saturday, 5 November 2011

Justice for Keenan - The complaint against the silent witnesses

Justice for Keenan - The complaint against the silent witnesses

There has been considerable outrage at the sad death of two young lads (M/s Keenan Santos and Reuben Fernandez) in Mumbai who were apparently trying to defend their friends (girls) against goons who were harassing them in the name of "eve-teasing".

Indeed, those goons had no business to do what they were doing.

Indeed, it is creditable that Keenan & Reuben chose to fight to save the honour of their friends.

Further, it is indeed true that if my own kith and kin, friends or colleagues were being "teased", I'd certainly be tempted to defend them with all my might, though, obviously, the precise manner in which I would have reacted would have depended on my perception of the circumstances at the time of the incident.

Having said all the above, I must confess that I don't agree with all the media folks, politicians and "page 3 socialites" complaining against the "silent witnesses" who were supposedly watching the tamasha without trying to intervene and save the lives (or subsequently assist in taking the injured to the hospital). I can understand the friends & relatives of Keenan & Reuben saying such things, as they would still be emotionally charged, and rightly so. I can understand the occasional cop / army person / student / brave-heart / social worker who happens to say such things, because, chances are bright that they would have actually plunged immediately to intervene and help in whatever manner they could under similar circumstances.

But then, folks, have a heart! The vast majority (probably 100%) of the people who were present on the eventful night would have been ordinary citizens who:

  • Had no prior knowledge or skills required to intervene and stand a chance of survival against such goons, who were obviously well-prepared
  • Had their own lives to lead
  • Were stunned and scared into silence at the sheer audacity of the goons
  • Have a clear idea about our cops - Most of us would want to have nothing to do with any cops at any point of time (after all, all of us have heard about how the cops barged into the ICCU room to "interrogate" Reuben. Imagine the kind of questions that we would have had to face for days thereafter from cops, paparazzi, et al)
  • Have an approximate idea about our judicial system where even ordinary cases go on for years. It is one thing to invest an hour or two or even a day or two to help out a fellow citizen. It is another matter altogether if such a "help" would result in being called as a "witness" for years thereafter. Which boss or organisation is going to give permission / leave to attend such court cases? What if the good samaritan gets a job or an opportunity for higher education in a different city or country? The complications are way too many to even list down.

The easier and sensible option for the vast majority of us in such situations is to scoot / run / disappear before the event takes any ugly turn. If we're unable to disappear, the next best option would be to be a silent spectator and disappear quietly at the first available opportunity.

This would obviously appear heartless and cowardly. Unfortunately, that's the ground reality of life that prevails in India as of now.

Anybody who does intervene, if he / she survives the ordeal, would become a huge role model. I would doff my hats to such a person.

However, chances are bright that I would NOT intervene for saving a stranger. I certainly would not recommend that any of my friends or relatives should intervene in similar situations to protect a stranger.

Sad, but true.

People who suggest that we ought to intervene ought to wake up to the real India.

Regards,

N


Keenen's Murder - Is it a simple case of "Eve teasing gone awry"?

Keenen's Murder - Is it a simple case of "Eve teasing gone awry"?

The murder of Keenen & Reuben - Is it a simple case of a group of youngsters getting involved with a few goons who were indulging in "Eve teasing" and the whole thing went horribly wrong?

Do read the following article:

In particular, I'd like to draw your attention to the following part of the above article:

 

Keenan and his other friends had also tipped-off the police about the circulation of pirated film CDs three years ago. And two years ago, he had acted as decoy and helped the police during their raid on a Juhu pub. More than 240 youngsters were allegedly caught with drugs during the raid."

Reuben Fernandez's friends, too, remember him as a fitness freak and who was always ready to fight for any "right cause".

"He was very passionate about his country. He had gathered residents to join the protest march against corruption from Juhu to Bandra. He knew the Lokpal Bill by heart," said his brother Benjamin, an investment banker.

(Source: Keenan & Reuben fought for the right cause)

 

I wonder if one of those 240 odd youngsters who allegedly got caught with drugs or someone who was against the Lokpal Bill was in any way involved. What if one of those obviously powerful people specifically hired these goons who actually went after Keenen & Reuben after following them discretely for a few days?

I certainly hope that the authorities look at all possible angles and do a thorough investigation.

Regards,

N