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Showing posts from 2012

Chetan Bhagat in Shillong – People’s Person

His presentation entitled ‘How to be a super achiever’ was simple and direct, interesting for teenagers.  His 6 step model (1. Setting clear goals, 2. Knowing the reason behind the goal/goals. 3.Finding the group. 4. Detailed action plan. 5. Setback dealing mechanism. 6. Faith) for achieving success was quite the same as researched by many academicians, though he made it simple.  He narrated his journey to become best-selling author and emphasized that he is best-selling and may not be best.  It  sets me thinking that the response to market forces has become such that we start thinking more on what sells best and not really what is really best.  May be he is able to relate more to the young Indians and he knows the language of the youth so they are able to connect better with him and he knows that’s what really sells.  I have read most of his books (5 point someone, 3 Mistakes, 2 States, Revolution 2020) and think that he knows the pulse of his audience and accordingly manufactures

Motivation of Micro Finance Institutions

It was a great opportunity for me to attend this Conclave on Financial Inclusion, under the aegis of Meghalaya Basin Development Authority, Government of Meghalaya, Shillong. The beginning coincides with the beginning of the 12 th Five Year Plan of the Government of India and as was communicated it is coterminus as well.  Micro Finance Institutions (MFIs) are the key players in helping and supporting the cause of financial inclusion.  Grameen Bank which was established in Bangladesh to help poor in improving their livelihood conditions has pioneered the movement of MFIs all across the globe.  SKS was a great success story for India, however its fate is not less known by its stakeholders as well as the patron of all, the government.  It is really nice to hear policy makers, bankers, MFI representatives etc who show their concern for poor and poverty through their talks and data support.  I shall like to vent my views on the issues discussed in the conclave little differently,

Whither India - why not focus on Human Well-being (Happiness) and let it take care of GDP?

Outline The other day we were discussing the issue of development among colleagues and few mentioned that India has really developed in last 60 years.  Out of my inquisitiveness I asked how do they defend this view, their indicators were like, use of mobile, availability of ice-cream, motorcycles, cars and such other products.  I put a simple question before them, before 30 years what was the state of education and health in the villages and what it is today.   To my surprise I could not get the view of any of them on this.  Certainly there is huge wealth creation which has happened in all these years, more in the real monetary terms.  The availability of all branded products and services across different industries, proliferation of multi-national corporations, increase in the number of cars, television, mobiles, and such other products might surely reflect positive side of an economy like that of India, might surely boast of higher GDP growth, however one needs to look at its su