Friday, December 31, 2010

an eventful year ..

Today is the last day of a very eventful year for me. 
I completed one year as principal of the college.
Jobin joined for electrical and electronics engg at Nitte Menakshi institute of technology in bangalore.
Chinnu joined Bishop Cotton Girls School in bangalore in 6 th std.
We shifted house from electronic city to koramangala, bangalore.

chinnu as santa ..

just out of curiosity she wanted to wear the costume which Jobin had kept for his use in the church carol rounds.

Thursday, December 30, 2010

Anybody with slipped disc problems . ??

Orthopaedic doctors would not agree to this, but it is true.

Slipped disc pain happens when there is herniation in the spinal discs which touch the nerves of the spine. Doctors say this pain radiates along the path of the nerves to the feet and so on. 

Dr John Sarno MD in his medical career spanning thousands of patients checked the spine MRI images of healthy people with and without herniated discs. There were many healthy patients with herniated discs who never complained of pain. That caused him to start thinking that herniated disc pain is not psychological but mental. 

John Sarno MD, "The MindBody Prescription"

Bestselling author Dr. John E. Sarno reveals how most painful conditions are rooted in unexpressed emotions--and how to cure these disorders without drugs, therapy, or surgery.According to Dr. Sarno, most... pain is a psychogenic expression of unconscious rage -- the brain's way of distracting you from repressed feelings. By changing the treatment focus from the body to the mind, he persuasively argues that pain can be abolished simply by understanding its purpose. Informative and diagnostic, "The Mindbody Prescription" reveals how emotions stimulate the brain to produce physical symptoms, describes these emotionally induced ailments, and offers a therapeutic program, including: -- Thinking psychologically -- Talking to the brain -- Addressing pressures and rages -- Developing periods of reflection -- and more.

This is testimony from a person who has had three recurrences of the problem in the past seven years and now is pretty cool and confident. That's me..

BTW, is the biggest online bookstore in India started by two former employees operating from bangalore, already selling almost 2000 books daily and offering very good discounts and free home delivery .


Kuttanaadan punchayile, Yesudas ..


The corruption exposes happening in India ..

It is very heartening to learn that all the big names who committed crimes and corruption are slowly being exposed. Raja, kalmadi etc do not deserve any consideration and need to be handled as if they are seasoned criminals and punished at the earliest if found guilty.

I read the other day in China, it takes just three months from identifying a crime to its conviction .. Will something like that happen in India ? Will these seasoned criminals from all parties and leanings evade the law and walk scotfree ?


Wednesday, December 22, 2010

GMAT perfect scores !!

As of my information there have been only 4 perfect scores in GMAT history ( the test which is used by many top B Schools in US and Europe to admit students and check their managerial aptitude..) ..

The first was Rober McNamara, President of World Bank, former US Secertary of Defense

The second was a Sindhi from Gujarat, the third an Iyer from Chennai and fourth a Malyalai from Mumbai.

If this information is complete it goes to prove certain points. Indians for whom English is a second language have actually outsmarted native American speakers of the language in language proficiency and comprehension abilities, three times.


Monday, December 20, 2010

Sunday, December 19, 2010

Thursday, December 16, 2010

The world listens when India and China talks..

"The fact is that when India and China, representing more than two and half billion people speak in one voice, the world listens." Dr Manmohan Singh.

India has successfully stalemated Chinese efforts to affirm the 'One China policy' which includes Tibet by linking Kashmir to the Unified India tag .. By this single move, any efforts by China to side with Pakistan and embarrass India on Kashmir has been virtually nullified. We can expect peace on this front in the coming years.

With China and India are eyeing for a $ 100 billion trade turnover between the two Asian giants, definitely the world is taking note. While Obama could finalise deals worth $10 billion during his visit and Sarkozy from France could finalise deals worth $ 15 billion during his visit, Wen Jiabao, Chinese PM has walked away with deals worth $ 20 billion from Indian companies.

The blabbering arising from Pakistan should be looked down upon as shrills and cries from a failed state. The Pakistani people may be looking forward to prosperity and recognition for their country like their counterparts in India, but the military and the military dominated intelligence unit would never allow any such thing to happen in Pakistan , not till they are thrown out of power through a revolution by the people.


Wednesday, December 15, 2010

SKS Microfinance, Akula's story - for-profit vs non-profit Microfinance..

The story of an Indian, brought up in US returning to India to seek his roots and seeking to establish his conviction that only a for-profit microfinance institution can help remove poverty in India made interesting reading. Dr Vikram Akula's dogged pursuit to see that SKS materialises in spite of many ups and downs in his personal life, is exceptional. Set up in 1997, SKS is a story of courage and conviction..

The main argument against his way of functioning has been that SKS has been charging almost 28% interest when conventional banks charge only around 16%. Akula's argument is that it is much less than what money lenders do in the countryside. Even when an illiterate farmer is taking a loan from the bank, at 7 to 12 %, the costs resulting from visiting the banks a number of times, the loss of wages on those days and the costs of greasing the palms of the banker and any middlemen all adds upto more than 30%. The same big banks who are crying foul at this rate of interest from the MFIs, have no qualms in charging upto 36% on loans advanced against their credit cards.

The high rate of interest is a major bone of contention between the father of microfinance, Nobel laureate Dr Mohammed Yunus from Bangaladesh and Vikram. Dr Yunus believes Microfinance is more of social entrepreneurship than a for-profit enterprise.

The point being raised by Akula in his book is that as a non-profit enterprise, microfinace institutions can never be able to serve the masses in any big way as to change the poverty scene in the country. If it is a for-profit initiative, there is nearly $ 250 billion waiting out there in the hands of venture capitalists to be invested which can have a significant impact. No doubt last year SKS made profits of Rs. 85 crores and has reached out to 6 million people.

SKS Microfinance has 5.8 million clients (2010) in 1,627 branches in 19 states across India and total assets worth $897.9 million (Sept.'09.) SKS charges an annual effective interest rate ranging from 26.7% to 31.4% (Mix Market.) Wikipedia, Dec 2010.

Just when SKS and other Microfinance companies were helping to emancipate rural India from the clutch of cruel moneylenders, societal inequalities, and poverty by giving womenfolk enough financial independence, the spate of suicides in Andhra Pradesh and the passage of state legislation by Andhra to regulate the functioning of MFIs by way of curtaling on interest charged is very disturbing to say the least. One cannot say whether bringing regulations to the field is desirable or not, but it raises doubts on the institutions and their ways of functioning.

Dr Akula has focused on Prof Prahlad's "Bottom of the pyramid" by taking advantage of some of the best practices from the Industry in getting the required capital, reducing costs, increasing capacity.

1. To get the required capital, Akula has turned to the for-profit business model to tap into commercial capital which is available in large numbers.

2. To reduce costs he has adopted modern technology aids like mobile phones, palmtops which feed into a Management Information System as finally each day there are millions of tiny transactions and unless the cost of these transactions are managed well, it is not possible to run the operations at all.

3. To increase capacity he has standardised many of the procedures and has eliminated collecting change, visiting customers who are on the route of travel and so on.

Targeting the middle class and the rural population at the bottom of the pyramid, using the Hybrid Value Chain as propounded by Hau Lee in his recent HBR article September 2010, Nokia and Airtel have been able to sell mobile phones and mobile telephone services at cheaper rates to the people, Metro cash-n-carry is able to sell its wares to the same people who are running provision sores in remote areas at cheap rates, Bajaj Allianz and ING have been able to sell their insurance products to cover the risk of the poor illiterate people of Andhra. Mobile banking has been experimented here. These are unheard of in any part of the world ! SKS has also opened up schools which give English medium training for the students helping lift the society from years of bondage and slavery.

When advances/loans given in the conventional banking system to educated urban, citybred individuals has only roughly 74 % repayment history and every year the Govt pumps about 20-30,000 crores of the common man's and farmer's tax money into banks to take care of the non-performing assets of their rich urban cousins, the MFIs with a 96% repayment history are doing yoemen service in holding down the budget deficit wasted on the rich city dweller. This is a real boon for the country and economy. The poor rural population are more sincere than the urban people. SKS Microfinance of Akula has a history of 99% repayment.

The recent suicides and non-payments related to micro finance institutions in Andhra are reported to have been orchestrated by the money lenders to scare off prospective customers and to create a bad image for MFI in the Indian public.

Only future can tell whether Akula was in fact moving in the right direction or whether the politicians from AP have derailed this mass poverty eradication process spearheaded by a single person working against the might of Indian corruption and feudal mindset.

And the debate continues, for-profit versus non-profit MFI ..... Dr Vikram continues to remain the voice for the silent farmer who finds he is discriminated against in his own land to which he has given his life and in whose bright future he places his future.

george easaw

Ref : A fistful of rice - Vikram Akula, Harvard University Press, 2010.

Good reviews on the book " A fistful of rice" by Vikram Atula, are given in the links below ..

On youtube an interview with Akula

Monday, December 13, 2010

Saina doing the country proud ..

Saina with her victory cry after conquering China's Wang Shixian in a 70 minute thriller 15-21, 21-16, 21-17.

Go Saina, Go !!! This 20 year old is proving herself worthy of the Khel Ratna awarded to her. May she rise to be world no. 1 soon ..

ge ..

Friday, December 10, 2010

TM Varghese and wife, photo .

My maternal grand uncle, T M Varghese and wife. (maternal grandmother's just elder brother).

One of the Thrimoorthikal of Kerala ( Pattom Thanu Pillai, C Kesavan and T M Varghese..) and the first home minister of Tirukochi in 1948. 

My mother used to speak how during her holidays as a schoolgirl, she loved going from Adoor to Quilon with her mother, to stay at her uncle's place ( T M Varghese). She used to be picked up from the bus stand and taken around Quilon in a Chevorlet in Quilon at that time, 1930s

The life of T M Varghese is also a great example of the value politicians of that time carried in their life ..

He gave up a very promising career and dedicated his whole life for Kerala.. Was instrumental in getting the accession of state of Travancore to India. Reading some historical documents,

a painting of T M Varghese ..
I also get to understand that at the time of leaving his brilliant advocate career in Quilon in the 40s, by revolting against Sir CP, he was earning to the tune of Rs 5000/- yearly, that was quite a princely sum, to say the least.

Towards the end of his career, he had virtually nothing to boast of, all his assets were utilised to support the Travancore State Congress at critical points of time, sometimes even to the extent of three years. The assets were used up over time for the state and its people.

The contribution of T M Varghese will be remembered by the Malayalis for generations to come..

How many of our present day politicians can even remotely come close to the ideals held aloft by our leaders and freedom fighters !!

Most of them use politics as a cushion to protect their ancestral or acquired (mostly illegal wine money, or bribery money or illegally acquired land) wealth from poachers and further to give a legitimacy to the ill-gained wealth.,_Thandaneth


Thursday, December 09, 2010

Three Secrets to Happiness

practise this !!!
Dear All 

Winning in the Green Frenzy .. HBR, Nov 2010.

There is a lot of talk happening these days on greening of the production line, greening one's suppliers, green initiative and so on. Who will decide the green standards for your industry ? Will you be a follower or will you be deciding these standards ?
The frenzy of greening one's product, process, suppliers and customers and how to win in the green frenzy is detailed in the article "Winning in the Green Frenzy" by Prof Gregory Unruh and Richard Ettensen of the Thunderbird School of Global Management.

Defining the suatainability standards is like tooth and claw competition among the stakeholders of manufacturers, environmental activists, think tanks, bloggers, industry associations, consultants and the competitors in the field.

Once we are in knowledge of the situation of the industry and the capability of one's organisation, we can choose from four different strategies

1. Adopt the existing standards. This is done in already established sectors like building industry where we have the LEED( Leadership in Environmental and Energy Design) certification offering four levels - certified, silver, gold and platinum. Walmart insists that its 100,000 suppliers conform to the "Sustainable product index" - an index which measures product related energy use and waste and evaluates impact on natural resources and communities, for al the items which they supply.

2. Co-opt and modify the standards to suit one's capabilities and processes. When the industry is not that established and the standards are not set rigidly, it always makes sense to partner with some of the leaders / regulating agencies to collaborate and modify the industry requirements to ne's capability.

3. Define standards for one's industry. If a company has the necessary capacities and clout, it can set out to create industry standards. Partnership with an NGO or Uty is vital in this.

4. Breakaway from existing standards and craft one's own standards. What will a company do when the established standards do not play to its advantage in the industry or undermine its competitiveness ? Apple turned the tables on Greenpeace and called its standards not green enough as it did not factor in the power consumption during the useful life of the product. Being green only during manufacture in the case of computers is only part of the story as the power consumption during the life of the computer can also determine how green the product is. If a company can come up with PCs that are energy efficient, it can hijack the standards and establish new standards. The way Apple did.

Once these actions are clear we can choose our path forward. and tackle the GREEN standards challenge headon !!


Thanks to media, journalists and Lokayuktha

These days we come across lot of scams involving real estate, telecom licencing, loans advancement by banks, Games organising etc being highlighted and exposed in the newspapers and TV 24x7. Were it not for the media, we would not have got any information of the wrongdoings of our politicians and industrialists and all these incidents would have been swept under the carpet. Sadly, then, the scams would have continued and brought great misery and would have damaged our social and economic fabric much.

Rule of law and the supremacy of the Constitution in all matters relating to the individual is doing the country a lot of good and helps in improving our image in the comity of nations.

Eventhough we are branded as a corrupt country, all these revelations and the law dealing with it, though lengthy, we hope will improve our image internationally. No rogue or corrupt person should ever escape the process of law ! A much sincere Prime Minister is helping people realise their aspirations by not allowing any one guilty to go through scotfree..


Wednesday, December 08, 2010

Harvard Business Review, changing to the times ..

Recently I have taken to reading beautiful, useful, informative articles in Harvard Business review. It is helping me identify trends, new knowledge and new thoughts coming up in the management field from experts from different parts of the world.

India and China was till now a neglected, or forgotten land in the articles coming up in HBR, mostly because we never had best management practices or success stories which could be shared with readers or practitioners from different parts of the world.

Of late with the emergence of the Asian juggernauts, led by China and India, HBR found it prudent to slowly shift focus from the dying and dried out places to where the action was happening. About four years back they started the South Asia edition. 

Now sharing and learning new practices has become all the more easy with the HBR SA edition, not only has the magazine become more affordable, it has also started featuring more Asian success stories or have started incorporating management issues affecting Asian companies and good management practices being practiced by these Asian companies. It makes more sense for the teaching faculty and the student community to read HBR articles as it improves their understanding of global issues with an Asian perspective, till now missing from HBR.

I wish more readers take to HBR SA in the coming days !!


sarkozy and Obama, the subtle difference ..

Obama while in Mumbai, India expressing his sorrow at the 26/11 terror attacks, refused to be drawn into any major controversies or comments on US' soul partner and closest buddy Pakistan on its roguish behaviour and its threat to its neighbours and the whole world as a terrorist sponsoring state. 

While recognising its major role as an utterly failed state surviving on the oxygen supplied by US as grants for buying weapons and grains, US is yet to come out with the acceptance of Pakistan as a terrorist state, still under the active control of the military.. It appeared as if Obama was being restrained by some unknown forces acting behind the scenes and controlling all his words and actions.

Sarkozy on the other hand in Mumbai at a function to commemorate the victims of the 26/11 terror attacks at the Taj Hotel was very open in condemning Pakistan, its military and its dubious role in sponsoring terrorism and acting as the epicentre of terrorism in the world.

The final rewards were Obama could get back with the crumbs falling from the dining table, almost $15 billion, while Sarkozy has shared the meal from the high table with our PM and President, taking back with him firm orders for almost $ 25 billion..

Hounding Julain Asange, the 39 year old Australian of wikileaks with dubious cases in Sweden and UK, US is exposing its true colour as relates to human rights, freedom of expression and freedom of speech. Its dubious efforts to block information on its subversive and undergound activities being made public makes it a worse human rights violator than China..


Cr-48, Chrome OS computer released by Google..

good news and a relief ..


Tuesday, December 07, 2010

Irshad and Farhan doing TJC real proud ..

This pair of Irshad and Farhan from TJC MBA 3 Sem, have been going all around the state and bagging honours left and right.

This time in St Josephs College of Business Administration they got the first place defeating a team from Jindal Steel and decimating the opponents from all other reputed colleges in Bangalore..

Congrats Irshad and Farhan, keep it up .. 


Nuclear Suppliers Liability and the 6 EPR reactors from France..

French President Sarkozy is upbeat on being able to sign nuclear deals worth $ 20 billion for 6 EPR ( Europen Pressurised Reactor) nuclear reactor of 1650 MW each capacity to be supplied and fabricated by Areva of France. France has also promised fuel for these reactors for the next twenty five years. About 85% of power generated in France is from nuclear power. From the existing 5000MW nuclear power generation in India, it will go upto 45000 MW by 2020, once these reactors are put in operation, this would not even make up 30% of our power requirements. Though no such power plants are in operation in the world anywhere, four such plants are under construction in different parts of the world.

The only hitch which is preventing the smooth sailing of this deal is the Nuclear Supplier's Liability which holds the suppliers responsible for nuclear accident due to any wilful negligence on the part of the supplier.Art 17B and art 46.

When Union Carbide could get away after leaking the potent MIC ( Methyl Iso Cyanate) in Bhopal's atmosphere in Dec 1984 leading to the loss of lives of 35,000 people, the lawmakers and people of India had already decided that they will never allow any such irresponsible MNCs who do not care for third world lives, to go scot free next time. When an oil spill on the American seas off Louisiana coast enraged US lawmakers who could extract $ 20 billion from the oil giant British Petroleum for causing minimal loss of human lives and for endangering marine life and the marine environment, should India turn its eyes off any wilful supplier negligence that can happen in future. For an already battered US economy, this was a windfall they have exploited to the fullest.
The offer of projects worth $ 20 billion is too big a temptation to be resisted by the French Govt.which will fall in line sooner than later. Any collaboration with India in the area of nuclear technology will also give them insights to the Thorium cycle which is much cheaper and efficient means of nuclear power generation in which India is at least fifty years ahead of other countries. The Uranium cycle of nuclear energy generation is expensive in comparison.


Shoot the message, not the messenger ..

The recent wikileaks and the efforts by the US govt to restrain, intimidate and gag Asange puts US in very poor image in front of the world. As they claim themselves to the the oldest democracy in the world, they should at least try to live up to their claims, else public accuse them of hypocrisy !

In this age knowledge is power and the person holding that knowledge, is all powerful ! The helplessness of the US administration to contain Asange and the blushings with each sensational, selected release of confidential documents of diplomatic cables and double dealings despatched by their diplomats in the different parts of the world to their head office will continue to entertain world public and give fodder for the media for the next one year at least !!

When China tried to gag Google when one of the communist party leaders found objectionable references to him on a personal search in its search engine, the world cried foul against gagging the media. Google had all the muscle to cry foul but had to withdraw like a mouse.

Asange is now fighting the US govt as a one man army and is running from country to country to evade the might of the powerful and revengeful US establishment. Have to wait and see what befalls him soon ! The sexual charges against him are for engaging in consensual sex with two swedish women without using modems, which is not a crime in most of the countries.

US should try to shoot the message and not the messenger !!


Monday, December 06, 2010

Indian team less superstars playing with New Zealand ?

It was surprising to see how a team deprived of talent like Sachin, Dhoni, Sehwag, Raina, bhajji, sreesanth  was playing the kiwis and winning the matches... Gambhir, Kohli and others were showing their class..

Maybe the Indian team needs these newcomers.. let us pack the seniors off..


Saturday, December 04, 2010

The amazing story of Amul .. (

The amazing story of Amul (

This is a story of a dream to which the interacting faith of a great many people finally gave substance.

Click here to know the diff between pasteurised, homogenised and UHT milk

Photo of Dr Verghese Kurian, Father of the Indian white revolution.

Realisation of the dream began with the Kaira District Cooperative Milk Producers' Union, which was then like a small but sturdy plant, full of sap. That plant has grown into a fruitful tree, with spreading roots and branches, but it is still nourished by the soil from which it sprang. Likewise are the towering concrete structures and landscaped gardens; the array of computers; the clever, highly skilled technical staff; the busy researchers, eloquent teachers, and eager students: they all draw their purpose from the `white revolution' that has brought so much of rural India out of the feudal age.

The white revolution has not been easy to achieve. At one time, the milk lake of Kaira district was stagnant. A few traders skimmed off fat profits, leaving to the numerous producers only a sour thin whey of inadequate payment. But the cooperative movement bean to churn that lake and soon it overflowed, spreading throughout the country.

(In an interview to The Hindu Business Line in May 2006, Kurien said: "He (Sardar Patel) firmly believed that a revolution in marketing the farmers' produce - which would be beneficial to the farmers - was necessary. Sardar Patel was convinced that in order to save themselves, the farmers needed to control the procuring, processing and marketing of milk." They got Tribhuvandas Patel, who by his own admission "did not know anything about the dairy business", to be the chairman of the Kaira Cooperatives.)

The Churning Begins
The cooperative movement in Kaira had an early beginning. A resolution of the Bombay Presidency Government in 1904 had directed that work should begin on organizing cooperatives in six districts, including Kaira. A cooperative Societies Act from the same government in 1912 was more effective. The Congress ministry, which took office in 1937, showed greater interest in the cooperative movement, recognizing it as an instrument of rural reconstruction. A report was commissioned by Vaikunthlal Mehta, (then) finance minister, and M D Bhansali of the ICS (Indian Civil Service), who was registrar of Cooperative Societies. After World War II, the movement progressed greatly in Bombay presidency, despite the short tenure of the Congress ministry.

Milk production was unsatisfactory particularly because of two deficiencies. One, in order to produce milk of better quality and larger quantities, milch cattle should have been upgraded (as European dairy cattle have been), but that was a costly process that was beyond the means of the average milk producer. (As long as short supply kept the selling price of milk high, traders could not be expected to bother). Two, to make the most of whatever milk was available, it should have be distributed efficiently and economically, which was impossible with primitive chilling facilities and lack of transport routes.

An Unlikely Recruit

It was kindly providence that brought Verghese Kurien to work at dairy engineering in a part of India that was so different and far from his native Kerala. Kurien was born in Calicut on November 26, 1921. His father, Puthenparakkal Kurien, was a civil surgeon serving in Madras Presidency. In his fifteenth year, Kurien passed the Secondary School Leaving Certificate Examination. Too young for admission to an engineering college, he took a Bachelor of Science degree from Loyola College, Madras, graduating in 1940 with the seventh rank in the presidency. Intelligent, hardworking and ambitious, he was a credit to his family and community.

Shockingly inadequate living quarters (there was no bathroom until Kurien contrived a suitable enclosure with corrugated iron sheets), insalubrious surroundings, and enforced idleness: Kurien might well consider himself to be serving a term of punishment. A natty dresser, he no longer took trouble over his appearance but grew a beard, wore khaki overalls, and began to smoke continuously. His brother sent him an old-fashioned cook-bearer named Anthony, who carried out his duties in full panoply of turban, sash and starched uniform. This added the final touch of absurdity what Kurien could only regard as a farce.

Anand was such a small town that a newcomer was bound to be noticed and talked about. As a meat-eating bachelor (in a largely vegetarian town), and a Malayali-Christian with a phoren (phoren is the vernacular pronunciation of foreign) degree, he provided ample scope for speculation in local gossip.

So determined was Kurien to keep himself usefully occupied that he undertook a private expedition to Bombay to sell the milk powder. With the help of his friends he made a list of likely customers, then tried them one by one. At the end of two days when he was almost at the end of his list, he found a buyer. A biscuit factory was prepared to take all five tones of the milk powder. Tried but pleased, Kurien returned to Anand in a fatefully altered state of affairs.

A Leap of Faith

The year 1953 marked an important milestone, in Kurien's personal life as much as in the history of Kaira Cooperative. On his return from New Zealand in April 1953, Kurien disembarked at Bombay, where he spent a few days. One night, he attended a dinner given by the YMCA to honour his maternal uncle, Dr Thomas Yakhub.

At the dinner he met a prominent businessman and social worker, K M Philip, of the wealthy family that owned Malayala Manorama, Kerala's most widely read and influential daily. Philip's wife had a younger sister, Susan Peter, fair, comely with unusual grey eyes and light brown hair. Her father and Kurien's had been friends, although Molly (as she in known to most of her acquaintances) and Kurien had never met. Kurien's mother had been trying for some time to get her son suitably married. He finally accepted his mother's suggestion that he go to Trichur and meet Molly Peter. They met for the first time on May 28, 1953, were married on June 15, at 10 in the morning, and caught the 4 o'clock train to Bombay enroute to Anand. Molly Kurien learned very early that her husband's life revolved around his work in Anand.

But to return to the history of Amul, in 1953 a proposal came from UNICEF to the Government of Bombay. For years, Unicef had been distributing free milk powder in underdeveloped nations, but it was of no advantage to the recipients in continued dependence on this aid unless it helped the nation to develop some industry of its own. Unicef offered a donation to the Bombay government, which would include milk drying equipment worth Rs 8 lakhs, in return for which the government would bind itself to distribute, through the BMS and Kaira Cooperative, Rs 12 lakh worth of free milk to undernourished, children of Kaira.

Taking on the Giants

During the winter of 1957-58, Amul Dairy frequently worked beyond capacity, sometimes for days on end, making butter and milk powder in a dogged attempt to utilize the surplus milk refused by the Bombay Milk Scheme. For 49 days, the latter only accepted between 3700 and 7500 kl of milk daily, against the contracted minimum of 26,000 kl. Sales of Amul butter helped ease the resultant financial strain. Amul butter also compensated consumers for the shortage arising from the government's policy of severely restricting imports. By filling the gap, Amul became one of the leaders in import substitution, saved foreign exchange, and kept market prices of butter in check.

In 1958-59 the decidedly unhappy relationship between Kaira Cooperative and the BMS took a turn for the better when the latter increased its offtake by 30 per cent over the quantity accepted in 1957-58. Meanwhile, Amul yielded to persuasion by the Indian government and began to manufacture sweetened condensed milk.

The government had two reasons for urging Amul to make condensed milk. While the armed forces required large amounts of it, need to conserve foreign exchange necessitated its removal from the list of imports. In 1954-55, condensed milk worth about $1,500,000 had been imported, of which 60 per cent was taken by the armed forces.

Amul's success story continues...(Click here for IIMA case study..)

Text and photographs excerpted from: The Amul India Story by Ruth Heredia. Price: Rs 295. Published with permission from Tata Mc-Graw Hill Publishing Company Limited. Copyright 1997. All rights reserved.

A parting line : Nehru has played a very important role in seeing to it that India becomes self sufficient in milk along with Sardar Vallabhai Patel. Green revolution, white revolution, starting of all PSUs. all the initial IITs and IIMs were all started by a great statesman and visionary called Nehru.


Friday, December 03, 2010

Aravind Eye Hospital, Madurai .. - a visionary

When we grow in spiritual consciousness, we identify ourselves with all that is in the world, so there is no exploitation, it is ourselves we are healing, it is ourselves we are helping - Govindappa Venkataswamy, Aravind Eye Hospitals, Madurai.

The only medical institution in the country where interns from Johns Hopkins US come for a one year training of a life-time.


Toyota Prod System ..

Have you ever seen a broken down Toyota ..


Thursday, December 02, 2010

Azim Premji makes a $ 2 billion philanthropic act ..

Azim Premji, the charismatic chairman of Western India Products, through the years !!

Once upon a time, late 90s, he was the richest man on earth when his stocks in WIPRO, 97%, soared from Rs 300 to Rs 12,000.00, and could buy Bill Gates, twice over ( market cap and not real hard cash !!) !!

He has been eagerly pursuing his vision of improving education scene in India. is a good example.. This contribution of $ 2000 million is only for improving schooling in the country.. This is will benefit the country straight away and help improve our social indices.

The damage being done by our "irresponsible" politicians through the many scams is being slowly undone by our "responsible" business leaders .. Yediyurappa, Raja and Kalmadi will have lot to learn from this humble person !!

I had the good opportunity of listening to him at one of the convocations at IIT Bombay almost ten years back. From being a raw and unwilling entrant to family business after dropping his studies at Stanford almost 40 years back, he now stands tall in the global IT industry as being a very responsible and ethical global leader.

( Premji is also totally grey haired like me, maybe a lot of similarities !!)

ge .. ( photo courtesy Times group..)

Toyota introduces Etios sedan in India..

This morning I was glad to read the news of the release of 1500 cc Toyota Etios from the Bidadi plant of Toyota Kirloskar in Bangalore. Toyota is the world's largest and best manufacturer of automobiles and has enough funds with it to gobble the next three global auto majors many times over !!

The plant built at a cost of Rs 2000 crores is targetting the middle class segment and this B class, Rs 5-7 lakh car is planned as competitor to Maruti Dzire and Tata Manza, Mahindra Renault. 77,000 cars are planned to be produced in 2011..

With 70% localisation initially, to be escalated to 95 % with the Engine and power transmission components to be produced locally, this car will not be exported. A similar assembly line is being planned in Brazil.

Etios will be on Indian roads by Jan 2011, says the brand ambassador A R Rehman.
This release is a good indication that India is slowly growing to be a global automobiles market, second only to China ?? ( not yet..) and this release from Toyota is aimed only at the Indian customer. Out of a stagflated country, Toyota knows where the future is !

Another fact is that for many years Indians were getting cars and heavy vehicles assembled in North and Central India. For a change, now most of the new companies who have set shop in India have started in the southern states of Tamil Nadu and Karnataka. TN is gaining reputation as the manufacturing capital of the country while Bangalore is proud to be called the technology capital of the country.


MGOCSM, OCYM meeting in Marthahalli Orthodox church on Saturday, 27 Nov 2010.

Dr Abraham Mar Seraphim Metropolitan of Bangalore diocese of Indian Orthodox Church and Geevarghese Mar Coorilose, Metropolitan of Mumbai at Bangalore Marthahalli Orthodox church for a meeting of MGOCSM, OCYM on Saturday, 27 Nov 2010.

Sincere regards,

George Easaw Ph. D.,
Bangalore, India.

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