Recently the Central Statistics Office (CSO) has published a listing of growth and TamilNadu is first from the last in the list. Bihar has topped the list with a nearly 11% GSDP (Gross State Domestic Product) growth. Gujarat once the engine of growth has stood at 6th place with a 8% growth. TamilNadu registered a 3.4% growth. Bihar has overtaken most of the industrialized States in growth. Political motive cannot be attributed as it is a fact that “the CSO never seeks political approval for any of its reports. Even the Prime Minister need not be provided with any data before it is made public.”
Methinks
My thoughts on Economics, Business, Management and Public Policy.
Saturday 13 September 2014
Economic growth - queries and concerns
Labels:
CSO,
Data collection,
Economic Survey,
Economy,
GDP,
Growth,
Reports
Saturday 14 September 2013
Gold Quest of UPA II
With the title I'm not referring to the dubious company which asked for Rs. 30,000/- initial investment and some MLM. In turn it offered a gold coin and a promise of a million rupees in due course if you get more people in to invest Rs. 30,000/-. The weird thing is when busted the legal advisor of the company turned and offered to take up the case of the aggrieved people. The case nor the fraud was heard of thereafter. The legal advisor was none other than Nalini Chidabaram, wife of Mr.P.chidambaram, Hon'ble Finance Minister of India.
Labels:
Devaswom Board,
Economy,
GDP,
Management,
Mecklai,
RBI circular,
Temple Gold
Friday 5 April 2013
Business Operations, Data Collection and Reporting.
I was speaking with one of my friends. He too works with an MNC. Talk was about work. Along with the usual lament on work life balance, he cursed about reports and data. I asked him some questions to get more information to satisfy my conscience that all are sailing in the same boat. I love reports and analysis, but despise the way data is collected most of the time. My friend started swearing about the people working on data and reporting. I asked him to cool down by saying most of us are not dreading the data collection but the queries that come after comparing different reports.
Labels:
Business Analysis,
Capability Management,
Data collection,
Metrics,
OLA,
Reports,
SLA,
Utilization
Tuesday 1 January 2013
Indian Economy in 2012 - Nothing to base hope on.
We have had a tumultuous calendar year that ended yesterday. The UPA II Government had projected a GDP growth at 7.6 (+/-0.25) %for FY'13. Chief economic adviser Kaushik Basu was confident about 9% growth but was worried about the impact debilitating politics would have on the economy. With a projected GDP growth of 9% in 2011-12 and ending up with 6.9%, the start of the FY 2012 -13 was upon an established lie. We didn't have any analysis on why we missed the forecast of 9% growth in 2011-12 and what exactly are going to do to achieve the >7% growth as projected. (Economic survey 2011-12)
Labels:
Economic Survey,
Economy,
FDI,
GDP,
Growth,
Gujarat,
Jobs,
Programme Implementation,
Unemployment
Sunday 25 November 2012
Wholesale FDI in retail - Does harm national interests
The UPA -II Government is keen on bringing the FDI in multi brand retail in this winter session of parliament. Opposition parties oppose this with many a reason ranging from politics to personal to people's well being. Let us leave off the personal reasons opposing the FDI, but look at political and well being reasons as they are important for an informed decision on such a key issue.
Saturday 29 September 2012
Flaws and Feedbacks
Nobody is perfect. Nobody is identical to others. Everyone has their own style of work and that is the reason we accord a huge importance to people management. It therefore is of utmost importance that people need to be coached to mend their own modus operandi to suit that of the organisation. We have frequent refresher training for people to ensure they do not deviate the fine line of the periphery of organisational behaviour. Yet we have issues with people making mistakes due to myriad of reasons, primarily due to misunderstanding of the expectations and slackness.
Sunday 12 August 2012
Maruti's Manesar Miseries - a Human Resource Perspective
Maruti Suzuki. The nation's passenger automobile pride.
All was going well and Maruti was thriving in the market with new models and a proud palpable presence on the India roads. The company was in news for all the good reasons until recently. The recent unrest at the Manesar plant is not the first of its kind. It is the fourth in a year. The plant has been facing labor disquiet for decades and unrest for the past few years. Maruti is being managed by the all dedicated Japanese Management now. Japanese have a reputation for dedication to work and make it a culture in their organizations. Then why this unrest and arson?
All was going well and Maruti was thriving in the market with new models and a proud palpable presence on the India roads. The company was in news for all the good reasons until recently. The recent unrest at the Manesar plant is not the first of its kind. It is the fourth in a year. The plant has been facing labor disquiet for decades and unrest for the past few years. Maruti is being managed by the all dedicated Japanese Management now. Japanese have a reputation for dedication to work and make it a culture in their organizations. Then why this unrest and arson?
Labels:
Contract labourers,
Economy,
Human Resource Management,
Krishna. Customer,
Labour trouble,
Mahabharata,
Manesar,
Maruti,
Tattvaloka,
Wage policy
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