Tuesday, December 23, 2008

Jallianwala Bagh.

Defending the renovation work, trustee S. Mukherjee says; “We are not destroying any historical site. In fact we are preserving and renovating the memorial so that more people Jallianwala Bagh can relate to it. Otherwise the old building would have crumbled.” However, one of the lanes demolished was the one in which patriot Udham Singh, who was later to kill General Dyer in England, had helped the injured and the dying. A new wall is being constructed at the main gate for a light and sound show that is to be introduced here.

However, ITDC engineer maintains that the bullet marks on the walls are being preserved carefully and red sandstone is being used to give the monument a heritage look. The ambitious project was proposed by Maninderjit Singh Bitta, former president of the Indian Youth Congress to late Prime Minister P.V. Narsimha Rao. However, the project could see the light of the day only after a high-level meeting of theJallianwala Bagh board of trustees was held under the chairmanship of Prime Minister Manmohan Singh.

The project also include making of videos and CDs of the proposed light and sound show and distribute it throughout the country as part of an awareness campaign. The next question is about an entry fee. “All the historical monuments in the country have an entry fee, the only exception being the Jallianwala Bagh Memorial entry for which is free for visitors," says Mukherjee. Baba Bilga says: “The government should not convert the historical monument into a tourist place.” But no one is listening, as the old order changeth, indeed, yielding place to the new.....Continue

Saturday, December 20, 2008

Chartered accounts win!

The Institute of Cost & Works Accountants of India (ICWAI), one of the last three All India Institutes still remaining at Kolkata, is all set to shift to Delhi. The shift, interestingly, is motivated by a strange logic: to be in closer proximity with the power lobby at the Centre! However, many of the members fear a hidden agenda behind amalgamating the ICWAI with The Institute of Chartered Accountants (ICAI) at Delhi, where now cost accountants will be swallowed by their bigger counterparts, the chartered accountants.

Since it is being felt increasingly difficult to feed the growing number of practicing chartered accountants, it is now necessary to substantially take away the market of practicing cost accountants, disclosed sources close to ICAI, speaking on condition of anonymity. The CAs will do all the work, including those earmarked for cost accountants, while the latter can be junior partners or employees of chartered accountants in multidisciplinary firms now being envisaged in the Limited Liability Partnership Bill 2008 tabled recently in the Parliament.

The Bill seeks to dilute, or eliminate, the provision of cost audit by cost accountants. For instance, in Clause 131(2) of the Bill on Statutory Cost Audit, the very ‘qualification’ of cost auditor has been omitted. Clause 131(5) of the Bill specifies that ‘qualification’ of general auditor (financial auditor) will also apply to cost auditors and such ‘qualification’ of auditor is specified in Clause 124(1). And what is that qualification? “A person shall be eligible for appointment as an auditor of a company only if he is a chartered accountant in practice”. It means chartered accountants will now do cost audit, replacing cost accountants!....Continue

Wednesday, December 17, 2008

The myth of freedomania

Do freedom and development go hand-in-hand in the context of undeclared province, region or territory? Both freedom and development are integral and are equally needed for overall growth. To make things clear, let’s consider the newly independent state of Kosovo – in Europe. Are average Kosovars happier after the independence?Are they economically, socially or psychologically better off than they were under Serbian rule? Issues like ethnic conflicts, corruption, economic hollowness, high unemployment rate along with dearth of investment, poor living standards, inadequate energy, food and basic amenities still loom large and are putting question marks on the hurried independence exercise. It continues to be the most underdeveloped state in Europe with per capita income being less than $1,565. GDP growth rate remains very low at around 2-3 per cent while the unemployment is over 40 per cent.

On this the World Bank had prophesied that even with six per cent annual GDP growth rate (which is double than the current growth rate), it needs at least 10 more years to cut the unemployment by half (from 40 per cent to 20 per cent). For most Kosovars, independence was a dream come true but unless the basics like electricity, safe drinking water, education and employment become norms than exceptions and unless the Kosovar polity meets every promises they made during the freedom struggle, freedom in its real sense would continue to be elusive.....Continue

Saturday, December 13, 2008

Encounters in the Wild

I was woken just before dawn by the persistent calls of warblers and sunbirds. Emerging sleepily from the confines of the ancient forest bungalow, built during the British Raj at Dimbhum in Kerala's Satyamangalam forest block, the first sight to greet me through the light mist was a bevy of small minivets adorning the compound trees like so many scarlet and yellow Christmas decorations. The freshness in the air, the sounds and the ethereal ambience created by the mist enveloped me and transported me to days when all of India must have been as verdant, as invigorating.

Lost in thought, I was shaken from my reverie by a bird which flew low over my head from behind me to settle on a nearby banyan tree. Through my binoculars I saw its flaming-orange and black coloration and leafed through the Salim Ali's Guide to the Birds of the Indian Subcontinent to discover its flycatcher identity. I quickly added another `tick' to my lifetime tally of 210 species of birds and settled down in the short grass, a steaming flask of tea for company, to observe the bird from a distance of less than 20 metres....Continue

Friday, December 05, 2008

Assam Blasts - Ominous Bloody Thursday

Harekrishna Deka
ex-DGP, Assam & Sr Journalist

India has increasingly become the target of terrorist bombings in the recent past, with blasts in Jaipur, Gujarat, Bengaluru and Delhi taking the lives of scores of people. Had the explosives not been recovered in Surat in time, and had the conspiracies in Mumbai and Chennai not been detected, the catastrophe would have only been greater. That organisations such as Indian Mujahideen that could in reality be a form of SIMI, and that there is a form of jihad that a section of communal extremists now subscribes to as a means of revenge is becoming more apparent by the day.

So, is there a foreign hand that now extends from a neighbouring country, in so far as the blasts in Assam on October 30, 2008 are concerned? One must mention in this context that the needle of suspicion in India’s blasts over the past months has often pointed to Harkat ul Jihadi Islami (HUJI), an organisation that has its roots in neighbouring Bangladesh. The blasts in Assam have meanwhile been claimed by an outfit called the Islamic Security Force of India (ISFI-Indian Mujahideen). The IM suffix, one gathers, could link the outfit to both HUJI and SIMI.

Significantly, the ISFI is not an organisation that has appeared suddenly out of nowhere. It was way back in the year 2000 that the Special Branch (SB) of Assam Police had gathered evidence regarding the existence of such a group. There is enough such evidence to establish that the ISFI at that point in time attempted to organise the Muslim community against Bodo ultra groups such as National Democratic Front of Bodoland (NDFB) and the Bodo Liberation Tigers (BLT), which operated in the lower Assam districts. It was then that the name of Muhammad Mushtaqil, the secretary of ISFI, first surfaced as a terror element who had the support of the al-Qaida and was associated with the al-Omar, an outfit that operates in Pak Occupied Kashmir (POK). One could analyse that the ISFI, which then kept itself beyond the radar of the country’s intelligence agencies used its time to broaden its base of operations. While there were then no established links of the ISFI with HUJI, one shouldn’t overlook the fact that Bangladesh’s HUJI is a creation of the al-Qaeda and that the HUJI called itself the “Bangladeshi Taliban”. One, hence, could believe that the ISFI comprises a sleeper cell of the al-Qaeda.....Continue

Monday, December 01, 2008

Faced with near total isolation, DMK is trying to woo PMK

IIPM Publication
Inside DMK, there are intra-party and family feuds. Meanwhile, continuing power shortage in the state is a thorn in DMK’s flesh. Karunanidhi took an aggressive stand in the Lankan issue and even he won the support of PMK. Ramadoss participated in the human chain organised by DMK and both leaders met each other briefly then. But after that the softer line on the Lankan issue – penned by a Central diktat – found Karunanidhi become the whipping boy of all state parties, including the PMK. Perturbed by all these, there was a strong rumour last week that Karunanidhi might quit Chief Ministership!

This is why the PMK is now crucial for DMK. Ramadoss has not immediately extended the olive branch. The ongoing Assembly session, perhaps will throw some answers to the future course of the party. “There is speculation that our leader would like to meet the Assembly elections midway, along with the general elections. Meanwhile AIADMK wants to upset us in the Assembly by causing defections. Till parliamentary elections, it is tough time for us,” a senior DMK functionary told TSI. But Karunanidhi has weathered many a storm in his career. He may come out successfully this time too!....Continue

Thursday, November 06, 2008

IRDA: INSURANCE REFORM

Performance of VC funds has always been under scanner. Kalpana Jain, Senior Director, Deloitte India IRDA: INSURANCE REFORM(for those who do not know, Deloitte handles more than 50% of the PE deals worldwide) avers to B&E, “Only three out of every 10 PE deals turn out to be a success.” On the other hand International Finance Corporation in one of its working papers titled, ‘Commercial Discipline for Development Impact’ has mentioned, “Even well-performing private equity funds tend to have only 10%-20% winners.” That simply means when insurers will put investors’ money in VC funds, they will actually be betting on a less than 30% success ratio. So, now on investors must keep their fingers crossed while paying premium for the safety of their future.

However, supporters of IRDA may argue that the regulator has not allowed insurers to put in a large share of the investors money in VC funds. But then, when the government and the regulator are moving forward together to bring in the much needed reform in the sector, what makes them allow to experiment in an area where they cannot go big even in the future. This may be considered as a step taken by the regulator to add some momentum to the flow of funds.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Wednesday, October 22, 2008

Looking good has never felt so good!

It’s time for India to get in step with the world and ring in a new era in fashion

Ever begun the day on a really dull note and felt much better once you got all dolled up for the day? Dressing up can be loads of fun and from ties to skirts to little matching trinkets, many of us take a lot of care in looking just right. For many, looking good makes them feel good too, though if you keep up with the times and switch to ethical fashion, we guarantee you will feel good every single day. Ethical fashion is all about clothes and accessories that are made without harming the environment, animals and bettering the lives of the workers/artisans/craftsmen.

Among the most stunning options to get some good karma and pampering yourself are the eco-friendly diamonds, which were brought into India by Renaissance Diamonds last month. Laboratory grown, these diamonds match up to mined diamonds in brilliance and have the identical physical, chemical and optical properties. The difference is that they are cheaper, and as they’re made in labs, there are no environmental or social costs involved....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Tuesday, October 21, 2008

Low on sugar, lower on spice!

It’ll be tough to turn around SpiceJet without a radical reorganisation

For quite some time, the Indian aviation market was pouring over with news flashing from all across about SpiceJet SpiceJetlooking for a stake sale, ever since the hostile winds in the sector have taken their toll. With esteemed players like Anil Dhirubhai Ambani Group, Kingfisher Airlines and even Jet Airways competing to gain control, speculations abounded on who will finally relish the spicy taste of this airline company. Finally, investing firm WL Ross & Co. LLC gets to be the “lucky” one. The company has recently invested some $80 million in SpiceJet and will own close to 15% stake. But will SpiceJet be able to decisively clear the air pocket with this investment?....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).
Read also :-

Saturday, October 11, 2008

We thought only Elvis was doped

Argentina’s government grows bizarre; inflation, as per them, rocks!

Argentina is bleeding. The sky rocketing inflation is neutralising whatever benefit the high growth rate is giving its population. But surprisingly, to counter this problem, the government has taken bizarre steps to satisfy its electorates. It has doctored Consumer Price Index (CPI) to show inflation lower than what it actually is. The updated CPI (June 10, 2008) shows that each time the price of any product increases too much, it will be taken out from the list presuming that consumers will shift to other products. According to government statistics, inflation is just around 9%, whereas the real figure is terribly higher.

Alfonso Prat-Gay, former Central Bank Governor, estimates the inflation figure to be hovering around a whopping 32%. Dante Sica, Director of Abaceb, a consulting firm, opines that the figure would be 16% to 18%, while Poliarquia, a pollster, reveals the figure was 54% in February and 26% in May, 2008......Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Tuesday, October 07, 2008

Mobile getting personal

IBM plans to extend its expertise to mobile space

The mobile space is going to experience some big blue winds. Why, do you ask? Moving away from its core business of mainframes and software, IBM is now exploring prospects in the mobile web space. The company is betting big on ‘convenience and greater accessibility’, heralding a new paradigm in mobile web applications. And leading this initiative for the company is the India Research laboratory. “In an Era of Mobile web”, said Dr. Daniel Dias, Director, IBM India Research, laboratory, “ the mobile phone has become an electronic wallet, the window to the World Wide Web, an education device and more. In many countries, mobile devices outnumber PCs, credit cards, and TVs.” Globally, projects are getting launched that would make a mobile device even easier to use than the PC, allowing one to negotiate everything one could do with a PC and much more, claimed Dr. Dias. Apparently, IBM Institute for Business Value envisages the number of mobile web users to shoot up to one billion by 2011 and is preparing itself to tap this huge opportunity.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Saturday, September 27, 2008

Freedom gets revisited

The revolt by the discontented monks fatally imperils Tibetans under the Dragon’s watch

China has blamed the “Dalai Lama clique” for the deaths that it says occurred during last week’s Lhasa uprising. Several hundred inmates of the Sera and Drepung monasteries had spilled into the streets last Friday to mark the 49th anniversary of the failed Tibetan uprising against Beijing; and more in the Ganden and Lutsang monasteries in Qinghai (Amdo in Tibetan) had shouted slogans urging the Dalai Lama to return from his exile in India’s Dharamsala district. There is no source other than the state-run Xinhua news agency to confirm the death toll. A provincial official was quoted as saying, “The victims are all innocent civilians and they have been burnt to death.” He added that no foreigner was among the victims, but that several Chinese policemen were injured – though none critically. In reality, the toll could be very much higher.

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Monday, September 22, 2008

The search is on

It’s the last chance for Microsoft to mark a presence on the Internet. By devdeep singh & vareen ray
The first reactions were one of doubts and apprehensions. Oh, this looks like another one of those ‘failure’ deals like the merger between Internet giant AOL and media major, Time Warner Group. Analysts at the Yankee Group agreed: “Microsoft’s proposed acquisition of Yahoo! raises many more questions than answers. On first pass, the deal feels like AOL/Time Warner all over again.” The second feedback was that of awe. Finally, Microsoft was willing to aggressively take on the Internet market leader, Google.

Finally, it boiled down to a changing mix of positives and negatives, depending on who one was talking to. However, the fact remains that if Microsoft’s $44.6 billion ($31 per share) bid for Yahoo! is accepted by the target company, it is bound to alter the dynamics of the global Internet search industry. More than that, the Microsoft-Yahoo! deal is perhaps the last resort for Microsoft to register its presence in the all-important Internet search arena, a segment it could never dominate, despite some valiant efforts in the past.

In many ways, this may be the last chance for software giant, Microsoft, to register its presence in the virtual world. For the Redmond-based major, it is the last opportunity to grab eyeballs and, hence, advertisers. In fact, with the Yahoo! takeover, Microsoft hopes to re-write its online search chapter, which is littered with carcasses of failures. It will surely be its last stop on the M&A expressway and freeway; in the past three years, Microsoft has acquired 27 big and small companies.

Before we get into the possible synergies and benefits for Microsoft if it gets Yahoo!, it may not be a bad idea to first establish why the software giant is desperately seeking the Internet company. The simple reason: most of Microsoft’s forays into the world of Internet haven’t been successful, and some of them have clearly flopped. For instance, its biggest push was through MSN, which was brutally crushed in its early days by the likes of AOL. Since then, the MSN search engine never really took off.

Agrees John Byrne, Director, Technology Business Research, “MSN is a popular site but far less so than Yahoo!’s online presence. Microsoft still lacks compelling content options to draw users away from Yahoo! and Google to its MSN website. The company invested heavily over the past one year to build datacentre capacity and acquire advertising tools (aQuantive), but still lacks the traffic to make ends meet in its online business.” That, in a nutshell, is the tragic story of Microsoft’s ordeal with MSN.

Microsoft’s Internet failures go beyond MSN. Whether it was the electronic bill presentment and payment venture MSFDC, the auto website CarPoint, HomeAdvisor, the home buying service or Passport Express Purchase , the online shopping service, all of them lost out in the wired race. Even the much-hyped acquisition of Hotmail couldn’t revive Microsoft’s fortunes. The fact is that Microsoft has pumped in over $10 billion to develop and run its Internet business in the last few years. But it was all in vain.

Today, analysts like Byrne are convinced that the only way forward for Microsoft is to buy out Yahoo!. In fact, this is not for the first time that Microsoft has expressed a desire to acquire Yahoo!. In 2006-07, it made attempts to do so, but without success. This time, Microsoft is more ambitious, and its bid price indicates this. It wants to grab Yahoo! at any cost. Steve Ballmer, CEO, Microsoft, too is more hopeful: “We believe our combination will deliver superior value to our respective shareholders and better choice and innovation to our customers and industry partners.” In theory, and on paper, the deal seems like a win-win one for both parties. “On the one hand, Yahoo! has some of the best content assets on the Internet, while Microsoft’s content assets are limited. On the other hand, both companies have ad platform assets that could be combined to create a strong portfolio for advertisers and publishers,” says an analyst from Technology Business Research.

For Complete IIPM Article, Click on IIPM Article

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Saturday, September 20, 2008

Healthy competition

Some outstanding issues of the aviation industry remain unresolved, like ATF prices. Operators say that with ATF prices as they are, it would be difficult to maximise output, revenues and efficiency. What are your views? Fuel alone accounts for more than 40% of the total operating cost for airlines in India. ATF rates for domestic operations in India are 60-70% higher than international benchmark. This high price of ATF is contributing to the large losses that are being incurred by the Indian aviation industry. Recently, I and senior officials from the civil aviation ministry have met Finance Minister P. Chidambaram and requested him to give some concessions in the next Budget. We have asked him to consider giving ATF the status of ‘declared goods’, and reducing customs and excise duty on ATF.

Some private players are upset at what they call ‘old and archaic’ rules that govern the aviation industry in India. They say it is a hindrance to growth. Do you intend to bring about changes or significant amendments?

In past three-and-a-half years, the rules of aviation industry related to the government have undergone a sea change. Various amendments have been made. There have been changes in airport infrastructure rules – a new, airport infrastructure policy will soon be in place. FDI policy in various departments of aviation has been changed – the economies of scales will now justify huge investment in areas like MROs, jet engine shops, cargos, ground handling. India will be the fourth in the world to install satellite navigation system enabling handling of higher volumes of air traffic safety, a merger and acquisition policy has been put in place to facilitate consolidations in the sector. The new civil aviation policy is under the consideration of the government, a ground handling policy has been formulated in every sector of aviation.


Finally, how do you see the aviation sector in the immediate future, let’s say at the end of this decade?

The government has put in place the merger and acquisition policy to aid the mergers and the consolidation taking place in the sector. The government has plans to scale up the air cargo business in the country as well as helicopter operations. The Indian aviation sector will be one of the major drivers of the economy in the near future. It is expected to bring in investments to the tune of $115-120 billion. Besides being one of the top sectors for investment, it would also be one of the top sectors for employment generation where the air traffic is expected to growth at the rate of at least 25% for the next 10 years; by the end of 2008, there should be at least 100 airports in the country and this number will only grow because India needs at least 400 airports across its length and breadth.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Tuesday, September 02, 2008

‘S’ome ‘M’ore ‘S’ervices

Text messaging moves to next level
After an enthralling 2007, which saw a lots of value added services like mobile money transfer and song catcher alluring the mobile users, the year 2008 is pegged to be even more exciting for the Indian mobile phone user. Telecom operators, in an attempt to broaden their customer base, are betting big on innovations to cater to the increasing demands of the mobile users. One such initiative is the launch of the SMS 2.0, a service that allows the users to send personalized messages and also get an access to services like news and cricket updates.

Airtel has collaborated with Affle, a mobile media company, to provide SMS2.0, which is touted to be the first up-gradation to the existing SMS services. The technology offers a host of unique features like colour messaging, background options and fun emoticons. Commenting on the launch of SMS 2.0, Sanjay Gupta, Chief Marketing Officer, Mobile Services, Airtel, said, “SMS2.0 represents a huge opportunity for Airtel to differentiate itself and gain both mind-share & market-share in various customer segments.”

However, what drives the whole idea of SMS2.0 is the content that this service will offer. Anuj Kumar, Executive Director (South Asia) Affle, says, “Content would be the major driver for SMS 2.0 and is also a significant part of the revenue model apart from advertising”.

Though SMS2.0 delivers user-relevant content seamlessly integrated into messaging, the fact that the service is only available for post paid connections on Nokia phones. Nevertheless, after 12 years of boring text-messaging, the Indian mobile user would definitely welcome SMS2.0. Also, with the speed at which the telecom companies are rolling out value added features to entice customers, SMS2.0 might just be the beginning of an agrressive suite of features to follow.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Tuesday, August 26, 2008

H(w)ealthy threshold…

Ashrams with limited resources are doing wonders for India
India – a country where medical expense is 7% and 5% of consumer expenditure in rural and urban areas respectively, it is quite a shame that even with profuse resources, the government chooses to spend only a measly 1% (approx.) on health, a figure which might just reach a mere 6% by 2010.

On the contrary, retrospection reveals that an unprecedented attempt is being made by a lot of ashrams in order to make a difference in the lives of the beleaguering lot who can’t afford to shell out lakhs for private medical treatment. For instance, the Ram Krishna Shewa Shangha has 15 hospitals with 2,254 beds and treated 84,690 patients in 2006 and this was further complemented by 129 dispensaries and 49 mobile medical units. And for that matter, the splendid Swami Ramdev Ashram near Hardwar is pioneered under the tutelage of the guru himself and has space for 5,000 patients who could be from any rung in the socio-economic spectrum. A patient whose treatment cost nothing less than Rs.26,000 was healed at almost an amount equivalent to zilch in the lesser known Vanvasi Kalyan Ashram.

With millions dollars of investments in the industry and emergence of hospitals like Rockland, Appollo, are catching eyes of millions. Unfortunately, high costs of medicare in those hospitals are beyond the budget of millions of middle and lower class Indians. In such situations, these ashrams are delivering quality medication with modern technology at cheap cost, world class infrastructure, environment, dedicated and experienced doctors and most importantly, unique approachability of serving, which is ‘unsellable’. Well, with the increasing number of Good Samaritans with good intentions in the motherland, it seems like India can really look forward to a new dawn in ambit of medicare and health.
For Complete IIPM Article, Click on IIPM Article

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs