iTS ALL OVER tODAY ..

2 years of MBA can be really long time for most of the people who come in search of greener pastures its a tedious and laborious period of life . Today we are having the convocation , perhaps one last time to meet all the friends and Junta of college at the same place . The feeling is mixed , some times I think that all the grilling due to the unending list of assignments and case studies will no more be there but also fear of much tougher time in real cruel world which is waiting for me . Traveling in Mumbai locals and coming lat every day after work was perhaps not the life I was looking to get from an MBA . But this is what most of us gets..

Life in a MBA college is very different from the engineering college , here you will have far lesser time to actually spend with friends and will be more focused towards your materialistic goals and monetary desires . You will learn lot of new things and unlearn lot of things from the past and yet think that are you loosing your innocence . Is looking each and every thing by analyzing the risk and reward a right way of looking at things . I think perhaps next few months will clarify the real use of this education ..

I dont know what is waiting for me but I am sure that I will be able to handle it .

Fake IPL Player ..

Today is our convocation day , a little over stretched and we have a break for around 2 hours for lunch before the real show starts. I decided to hit my college computer center for one last time to just check my mail , than I came across a Blog , my oh my , what a Blog ..

The name of the blog is Fake IPL Player , the blogger claims to be one of the member of KKR , Shahrukh Khan's team and he is writing all the intimate details about the proceedings of the game , how different players reacts and do things off the field in a very typical style .

He doesn't name any of the player or celebrity but gives them funny names and gives lots of intelligent hints so that you can guess the names. Shilpa Shetty has been named as Big Sister , Mr Mallya has been named as Batli wala , Mandira Bedi as Sandy baddy babe . The stories are really interesting and you wont stop laughing once you start reading it ..

You can visit this blog on this URL .. Enjoy !

http://fakeiplplayer.blogspot.com/

Saving Tax Payers Money …

Today I was really amazed after reading a news item “Recession Squeezes Jails “on a popular website. It says that USA houses almost 2.4 million people in its prisons. It’s an astonishingly high figure, close to 1% of the population of USA is behind bars. If we have similar statistics in India it will be like more than ten million people inside the jails.  But American prisons are lot better than what we have in India as they have better facilities for recreation inside the prison.

I also found out that American government spends close to $30,000 per person in prison in one year. That’s around ten times of the per capital income in India. So America is spending nearly $ 80 Billion of money out of the tax payers pocket in maintaining the prisons.  

If USA sends all its prisoners to developing countries where they are provided with same quality of life and recreation, it can easily be done by spending one third of what is being spent in USA today and the remaining money which will be as high as $ 50 billion can be used in other development work.

So how does this new idea of outsourcing sounds ?

Risk of Globalization !

In my Last 2 years of MBA, I’ve heard people from all kinds of industry and profession, one consistent view put forward by all of them – Globalization is the best thing which can happen to the world. We gain from trade, the dependency on other economies even reduces dangers of War and destruction, the economies should open up and trade more freely than ever.

Even in economics ‘ The Theory of Comparative advantage ‘ by Mr David Ricardo states that a nation should  produce what it is good at and import rest from other countries of the world . Most of the economics taught in business school is pro globalization and as long as it was working nobody was even questioning it.

Aren’t we compromising on the process of diversification by excessive globalization? When all the economies go burst simultaneously the compounded effect becomes a much bigger demon than we can handle. Sub Prime crisis with the origination is USA is now hitting even the poorest of the poor country which is connected to the globalized world. The confidence of the industry had denigrated to such a level now that even when a particular company is doing well they are not taking risk of entering into fresh projects.

Look at the way over rural economy is doing, the consumption pattern is intact as these people don’t know much about recession or subprime crisis .For them the world is still the same and they still face the same credit crunch and pay higher interest rates as they used to do in boom times. It is this rural economy which is slightly diversified and not directly connected with the globalized world which is driving the demand in India and may bring it out of trouble.

Globalization can be really good if we can devise a mechanism which can restrict the amount of damage to the significant lesser part of the globe.

Celebrity Blogging ..

As more and more people are adopting technology even our celebrities are using internet in a big way to reach their fans and audience. The latest offering is blogging. Yes, after much publicized blog of Amitabh on big adda.com for which he was paid a handsome amount, new celebs like John Abrahim , Amir Khan , Kiran Bedi, Shekhar Kapoor and even Mr Lalu Ji etc have also started blogging . Certainly a cost effective way of reaching the target audience. Whether these blogs are true voices of these celebs remains questionable.

Celebrity blogging also showed me another level of hero worship which I found hard to digest, people write thousands of comments on each blog and some of them are pleas and request to meet and sign autographs or to visit their blog to make their day. Why ! 

Some of the blogs have created quite a controversy in the recent times, most prominent of them being Amir’s blog which called Shahrukh a dog licking his feets and Mr Bachhan calling the movie ‘Slumdog Millionaire’ as poor depiction of India, interestingly there is no publicity like bad publicity and such controversies have only improved the popularity of these blogs. Few blogs are quite interesting too; the blog which I like the most is Shekar Kapoor’s blog. It is full of interesting anecdotes which seems to be his honest expressions. Even Amir’s recent campaign about spreading awareness about the importance of exercising the voting right is quite exemplary.

You can visit this URL to find links to some of the Indian celebrity’s blogs  

http://thejeshgn.com/wiki/indian-celebrity-blogs/

Instant Feedback..

Throwing a shoe at a politician has now been discovered as a new and effective way to express the dissatisfaction with the state of affairs. It’s like a instant feedback, no question asked.

The best part of this feedback is the kind of visibility it creates, the incident with President Bush made people order 1000’s of pair of same shoes from the Iraqi shoemaker. Websites developed different e-games on the same theme, Wow instant Hit.

Is this the true democracy or the freedom of expression, I don’t know  that but yes it is full of action and media is simply loving it.  

 Does Mr Chibambaram deserve it? , he has been a brilliant finance minister for India and just recently appointed as the home minister. I don’t think He deserved it, but who says life is Fair!

Election Time ..

This year’s general elections in India are not as exciting an affair as it used to be in the past. The real limelight has been taken up by other news like sub-prime crisis and its affect on world economy, terrorism in Pakistan, President Obama and M S Dhoni for their novel styles and achievements, IPL Blues and even Inflation numbers etc .  

The other important feature of this election is the lack of Real Issues.  I cannot differentiate much between the different national parties on the basis of their manifestos. They are all promising to alleviate poverty and built a strong nation, nobody knows how they will do it .I really don’t understand why we don’t have public debates where leaders from different parties put their views on different issues and provide us a way to differentiate between them. TV debates can be a cost effective solution as the penetration of television in India is quite good and people can sit in comfort of their homes to participate in the dance of democracy.

This year election has witnessed internet being used as a mode of communication by different political parties. BJP and congress is trying to woe the educated and the youth of the country by putting their advertisements and links in the popular sites which Indians mostly browse. Lets see how many of these internet displays gets converted into votes.