09.11.2006

  • US Elections for House of Representatives and the Senate
    • In the elections for the 435 seats of the House of Representatives the Democrats swept the Republicans away from power. In the elections for 33 seats of the 100 Senate seats, the Democrats are poised to beat the Republicans. They just need 6 seats to get a majority in the Senate; they got 4 seats and in 2 seats there is a contest about counting of votes.
    • This is a big set back for President Bush. The discontent with Iraq war, corruption and Bush’s leadership is stated to be the reason for the poor performance of the Republicans.
  • India’s position on Corruption Perception Index by Transparency International
    • Ranked 70th along with 9 other countries with a score of 3.3 on a scale of 1 to 10. The higher the score, the less corrupt a country is.
    • China and Brazil (among the BRIC countries) figure along with India at the 70th place. Russia is way behind with a score of 2.5 (rank 121).
    • Finland, Iceland, New Zealand are the squeakiest countries with a score of 9.6. They are all ranked first.
  • Nepalese peace accord
    • In a landmark peace accord, the 7 party alliance and the Maoists have reached an agreement, as part of which the Maoists have laid down their arms. The arms will be kept in 7 camps sealed with a single lock system.
  • Drug price control
    • A company cannot increase prices of control-free formulations more than 20% in any consecutive 12 months.
  • SEZ land requirements
    • A multi product SEZ should have about 1000 hectares before its proposal can be approved.
  • Broadband via power line
    • IBM Global is set to commence a pilot project in India in December.
    • To supply internet, electricity and telephony on a single line via an intelligent network.
    • Project will enable network errors to be spotted easily and solved in least possible time.
    • Power theft and transformer problems can be avoided.
  • Retail & Franchising scene in India
    • Globally franchising contributes about 20% of the GDP; in India it is growing at 25-30% and is estimated to be Rs. 50 bn currently.
    • Indian retail industry constitutes over 15 mln outlets and provides employment to 7% of the population.
    • Indian retail is estimated to be about $200 bn currently; projected CAGR (compounded annual growth rate) 30%; expected that 12% of the population will be engaged in retailing in the next 5 years.
  • Indian credit cards market
    • Currently there are around 11 mln credit cards in circulation in the country.
    • Plastic money constitutes 1% of total personal consumption.
    • Credit card industry is growing at 35% per annum.
    • At the end of 2005, in India the credit card market stood at $6 bn and it had 1,50,000 processing terminals. This pales in comparison with the business seen in a small country like Korea which has $140 bn in business and 3 mln terminals.
  • India’s software prowess
    • It is home to about 1/3rd of the world’s software engineers.
    • It has created more than a million jobs since 1999.
  • Patent filings by India
    • In 2005, about 28,000 patents have been filed from India.
    • In 2006, as of date the figure is at 25,000.

Today’s topic for discussion:
When Nepal has succeeded in bringing the Maoists around to laying down arms, why is that India can’t do the same with its naxalites?

Please give your suggestions for bringing about such a scenario below using the comments feature of this blog.

3 comments:

Anonymous said...

by seeing the geographical region of nepal and by comapring it with india,its not a easy task to make them do so.but even it is not impossible,the indian army is one of the biggest army in the world.if the government makes himself commited to this task then we can easily reolve the problem of naxalite.

Anonymous said...

You have thrown a wide variety of topics for us to ponder over. I would say all the topics that you had mentioned are equally important.

However, what I liked while reading was the IBM's solution! If the company is really going to come up with such kind of a solution, then there is nothing like it (on single line; internet, telephony and electricity)!

I am a credit card holder of SBI. I am the worst customer to the SBI because I pay very promptly my bills, therefore, they do not get any interest from me (only my annual credit card service charges)! But they charged me more in one month and I had a big fight with them. Finally they sent a settlement letter and I cleared the bill.

Now, all over again they send my statement with the old dues! The reason why I am explaining all this is; when I discussed about this problem in social circles, almost everybody is angry with the way the Bank is functioning in this regard. They become a menace with their unending and untiring phonecalls. YOu will have to explain your case to every caller and that too every time they call you! Their Credit Card staff who are based in Chennai are highly inefficient! We need to launch a smear campaign against this practice.

In the end I appreciate your efforts in bringing about some of the important issues of our society and seeking some solutions by pooling all the available resources. Laudable effort. Will get back to you.

Anonymous said...

When we compare India's problem with Nepal, it varies in different aspects viz., geographical conditions, political situations etc., But the Principle if we can apply, i think it will work-out even here. There should be a co-ordination between Political Parties, Government and the Police Department. NGOs also can be roped into this so that at the time of negotiations, they will play a key role. The worst suffering states with this problem are Andhra Pradesh, Bihar, Chattisgarh, Jarkhand and Orissa. All the above states should co-operate each other to solve this problem.