Sunday, December 6, 2009

Steps leading to the No. 1 ranking

Steps leading to the No. 1 ranking

Harsha Bhogle: The rise of cricket, the rise of India

Something about Indian economy

There is huge learning resource by PBS here in this weblink. PBS is sharing with us the interview, profiles, essay and debates of great economists, leaders and entrepreneurs of recent 100 years. Commanding Heights. Few of them are 3,4 years old but are worth reading Interviews :Dr. Manmohan Singh , P. Chidambaram and NarayanMurthy.

Featuring India's Honourable Minister of Human Resource Development Shri Kapil Sibal on MIT.


This video is part of the B&K Securities MIT India Forum with featured speaker: Dr. Montek Singh Ahluwalia, Deputy Chairman of the Indian Planning Commission.


Crash Lecture on Indian Economy 1947- 2010:

Post 1947, Institutional capacities were created. The social institutions and the legal framework for a market economy were put in place. A system of higher education was developed. Entrepreneurial talents and managerial capabilities were fostered. Science and technology was accorded a priority. The capital goods sector was established. Much of this did not exist in colonial India. They all were started from the scratch with weightage given to huge public sector investment.

Then reform is several sectors were stopped completely. The social sector,i.e. Healthcare and primary education was given very low priority in developmental growth. Our independent India was against anything foreign. Its march to self dependency hindered free flow of information and capital flow in the development of nation. But protective economy was the need of those moment. There was need to move ahead and Dr. Manmohan singh predicted it long back in his days at England. Now its time to swing back to socialist reign to capitalsitic nature.

Indian Bureaucracy:

We've all heard, "It's not what you know, it's who you know.

British invented bureaucracy for India, the Indians perfected it. They built a perfect system of such complexity that nobody could penetrate it,nobody could defeat it. It is immensely elaborate and best brain of India working it. Today, RTI is slowly uncovering the hidden veils and making it more transparent. Still accountability part is far from the dream. The Right to Information Act can be regarded as an aberration in view of the government's longstanding penchant for secrecy, which is a colonial-era legacy. IT sector and bollywood succeed because government did not make it as a national priority. It was just investment of smart people in these respective fields. BCCI working very well unlike other sports bodies. Private Sector has mobilized the youths and enable them to be risk taking.

Bureaucracy liked things to be frozen. That showed their power. Hence, you will find government offices to be always either ruled by the books or moulded in favour of corrupt and powerful. As the social, economic or political events become dynamic, the wheel of power shifts to other person. Hence, the static rule of bureaucracy disappear.

Thursday, December 3, 2009

LC Corner

An adapted post about Limbdi Corner @IT BHU written by Pablo (Source) :-

If you are coming to IT for the first 1 time and you venture along the hostel 1 road, at a certain intersection one is bound to notice a mass congregated in front of a small squarish building. And because that intersection leads to the girls hostel is not the chief reason why people tend to gather at that point. It's because that small squarish building is ITBHU's answer to any ridiculously overpriced fast food chain. That structure is Limbdi Corner, the chief hang-out spot for any ITian who cares to leave the confines of the hostel rooms and take a breath of fresh air. Located at one corner of the Rajputana football field, and surrounded by trees that drape their leaves providing a rather picturesque shade, it provides the perfect break while coming back from classes during the evening, and sometimes proves to be a better alternative than spending time in the classes, there are many who start from their hostels firmly determined to attend classes, but many decide to stay back and spend quality time at LC. There are always two kettles of tea boiling over the coal fire, a small one for ispeshul chai and a large kettle for regular chai. And the short and broad glasses getting filled, emptied, cleaned and filled again. Then of course there are the trademark servings of samosas and kachoris served in leaves with their own taste that is quite unique with LC.

The ultimate rendezvous point for any ITian, a random selection of text messages from cellphones is bound to reveal messages like 'I am at LC, where are you?' or 'Come ASAP to LC' or 'LC @ 5 PM' or words to the same effect. For us LC is the place to meet, mostly due to the sweet allure of the tea at LC.

There is this shade right across the road of LC, which perhaps was earlier used as a bus stop or for some similar purpose, however it is now the designated domain of LC squatters who use their lung power for shouting out orders of tea and for the ubiquitous laughter. It is quite a coveted for whatever group of four or more who wish to sit around and while away their time at LC. LC is the place where over steaming glasses of tea and endless servings of samosa and kachoris friends are made, relationships cemented, people meet, students revel in the present, alumni's rejoice the past and freshers stop worrying about the future. LC is the place where hearts meet, whole events are decided and convened, impromptu meetings take place, a hundred songs get written, a thousand theatrics are performed, where a few hearts get broken. A lot happens over tea, at LC.

#Photo is taken from google image.