"There is a luxury in
self-reproach. When we blame ourselves we feel no one else has a right to blame
us."
-
Oscar Wilde (Irish, 1854-1900)
Word for the day
Oxter (n)
The armpit
(Source: Dictionary.com)
Malice towards
none
What is the ratio of people who have lost money in
Unitech shares vs. the people who have made money in Unitech shares in past
20yrs?
If it is more than 100:1, does regulator need to take
any step?
First random thought this morning
The prospects of third consecutive crop damage this kharif season
(after poor monsoon last year and Rabi crop damage by hailstorms and excessive
winter rains) does not augur well for the economy in general.
The challenge before the government is that the PSU banks' balance
sheets are already crippled by massive corporate delinquencies. Exploiting
these undercapitalized and stressed lenders for farm sector may not be
feasible.
It would be interesting to watch how it reflects on political
establishment!
In one of his famous speeches PM Modi had said, "I am a poor
person and I bother about small things". I really loved this. I believe
this is the attitude needed to take India forward.
Given the six decades legacy of adhocism and Jugaad the task could
be completed with least disruption only if we aim to build brick by brick.
The programs and idea for socio-economic growth and job creation
proposed by the incumbent government are commendable. However, most of these
ideas are massive and intimidating. They have substantial prerequisites and
require commitment of large amount of resources for execution.
For example, development of smart cities would need large tracts
of land, digital connectivity, trained and skilled administrative machinery,
besides material capital investment. Similarly, highway projects, industrial
corridors, waterways etc. all need huge capital, technology and other resources
which may not be available within the country at present.
Even the pet project of PM Modi - Clean India - would need a
revolutionary change in mindset of the people to be successful. This is beside
significant capital layout and resource allocation. Building public toilets
without adequate water supply and disposal mechanism may only lead to
dissipation of resources.
In my view, the right way forward is to take baby steps rather
than intimidating the audience with grandeur of the vision and planning outlay.
Mission of a young monk Jagdishanand in Uttrakhand hills could be
a role model for the government in this respect.
This monk started his own Child Hygiene project in 2014 with
capital of Rs3000. He bought 100 nail clippers and placed them in 20 primary
schools across 20 villages in Pauri district.
One nail clipper is tied with the class room window through a
small metal chain. The monk visits each school every fortnight and motivates
children to clip their nails. He also teaches them how to properly wash hands.
He has received 300 more nail clippers and two more volunteers
recently. He plans to cover 100 schools with them.
Through his mission he is not only creating awareness about
hygiene amongst children but also revolutionizing the mindset of a whole
generation. With Rs3000 he has already ensured hygienic living of at least 300
future families.
I am sure there are thousands of such missionaries who are working
silently and selflessly for the Country and her people. PM Modi having been a
full-time volunteer of RSS, knows it much better than most of us.
The point is whether he "believes" in what he
"knows"!
If he does, India is in secure hands and we need not worry about
the bumps on the way. Even if he is suspicious about his own knowledge of the
problems and plausible solutions, there is one Jagdishanand in each street of
the country to take care.
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