Friday, November 6, 2009
consequences of eco growth
CONSEQUENCES OF ECONOMIC GROWTH ? WHETHER INDIAN ECONOMY GIVE UP AGRICULTURE GROWTH FOR INDUSTRIAL GROWTH ? A STUDY? professor DR. G BALAKRISHNAN, PhD (Economics)., M.L., DMS (NY) sr. Advocate /Counsel SUPREME COURT of India- a faculty in Management studies
(Story in American English)
Benjamin Friedman in his book ?the moral consequences of Economic growth? wrote ?.we realizes the advantages of higher standard of living?moral thinking is in practical terms every culture enjoins us to not to place in the pedestal of undue emphasis on our material concerns alone.
Economic development - say industrialization, in particular in globalization often brings undesirable side most UNDESIRABLE side effects ? like damages to the environment, or the homogenization of what used to be distinctive cultures (e.g. India an agricultural economy). We have come to regard these matters too in moral terms (time immemorial, agriculture provided enough agricultural jobs in all villages and hence more and more villages, came to life leading to village communities, never ventured to urban areas in preference to villages and so there were a several self contained villages, with least quarrels between people as they needed more and more hands in agriculture, as agriculture invariably lead by hand workers(skilled hands) unlike machine driven (inanimate) exercises at the fields, watering, sowing, tilling, harvesting?and so on., augmented by monsoon rains, and during its vagaries watered by rivers ( both perennial and non perennial), some times by village tanks, big wells provided perennial sources of water)
On both counts, we think economic growth in terms of material considerations, verses moral concerns. We weigh material positives against moral negatives (machines).
When one seriously considers this, in some circumstances is it not incomplete perception?
He values of rising standard of living, lies not in just in concrete improvements it brings to how individuals live but in how it shapes the social, political and ultimately the morality of a people.
Economic growth , a rising standard of living for a clear majority of people, more often than not, fosters greater opportunity, tolerance of diversity, social mobility, commitment to fairness, and dedication to democratic living?when living standards decline, most societies make little progress if any progress is there, and all in all too many instances they plainly retrogress.
Recently When I was going through Washington Post, India?s economic times articles, perceptions of Nobel Laureates, Financial times London, Economist of London, in the last few days, I could see all excessively optimistic economists, journalists of leading news papers, in the year 2008, including government economists were touting that there is no big problem around economically, but now there is a lurking fear psychosis in all of them, economy is slowing down, brought lot of job losses, winding of companies, restructuring, and re-engineering, cost cutting exercises belatedly, permitting excessive consumerism which in fact brought too much pressure, adding fuel to the fire is failures of monsoons, now ?El Nino? is to increase global warming, environmental damages, meaningless excessive infrastructures, irrational bank lending for higher end buildings, and what not. ( I wrote an paper and read in Bangalore university in UGC staff college, impending problems of Indian consumerist economy in June 2007 and the said article was published in a tabloid / posted in a blog rapidanalysts.blogspot.com) but all incorrigible optimists did not agree with my premise but in 2009 similar things focused even by Paul Krugmann, Joseph Stigler)
Problem of consumerism and our inability to correctly predict future climate changes, even monsoons conspire what man proposes, after all God only disposes things in the world of chaos). To a large extent Indian economy was saved by then RBI Governor Dr. YV Reddy, when P. Chidambaram was swinging and reeling like a top in June 2008, not realizing implications of economy reeling under uncontrolled consumerism. Bane of economy world over was the dogma of consumerism, and credit card culture, making people to spend their future earnings in advance but pay as and when you earn, within a reasonable period, tied with ?anaconda like interest rates squeezing one to die in the loop.
Thursday, November 5, 2009
State of indian economy 2009
Indian State of Economy 2009 ? 2010,
Statement by Finance Minister PRANAB MUKHERJEE
On 3 November at Economic editors Conference, at New Delhi ? might lead to food riots, if sustainable correction is not there please! Your governments good intentions ARE not suspected but Social Economic path is very badly DICEY missing to a large extent A LOT OF THINGS OF PUBLIC ECONOMY MISSING? NATIONAL RURAL EMPLOYMENT GUARENTEE SCHEME(NREGS) ASSISTANCE TO BPL people is not enough to sustain specially lot of moneys are stolen by politicians on the way please ? Also a lot middle class is suffering too in the present economy, after all every household does not have husband and wife income pooling PLEASE.!! FOOD RIOTS ARE TO BE CONTAINED PLEASE.
{?Sad indeed corporate methods are unsuited for governance of State ? State works on Social economics and welfare and not businesses? financial just cash profits ? dividends of corporate is not the dividends of a state financial management?, Sorry Pranab, you toe the line of business finance philosophy but not government business based public finance management ? indeed state will run into steep debts worse than what we faced during V. P Singh?s government of late 1980, unless strong immediate correction in the path is there in the country?, ADOLF HITLERS GERMANY WAS SAVED IN 1930s by AMERICAN MUNIFICENCE (AT AMERICANS? COST OF ENSUED DEPORESSION) BUT NOBODY WILL SAVE INDIA PLEASE TODAY EVEN MONSOONS PRACTICALLY FAILED AT NATIONS? COST- Comments by an Emeritus Professor Prof. G. Balakrishnan, a Social Economist- free lance-writer}
In the conference main points got highlighted are:-
- 1. Foreign Exchange reserves positive;
- 2. Recovery of Exports is still uncertain:
- 3. Expectations of Foreign investors is high and rising:
- 4.Government cannot drop guard owing to global uncertainties:
- 5. Non farm sector credit off take remains a concern:
- 6.Banks have been asked to increase credit growth:
- 7. Signs of price hardening evident:
- 8.Liquidity not an issue at present:
- 9. System correction ? medium term strategy:
- 10.Draught impact due to monsoon failures ? still to be observed:
- 11. Positive indications that growth will recover:
- 12. Fiscal deficit to fall to 5.5% in 2010-11 and by 2011-12, likely to fall to 4%:
- 13.Steps to curtail subsidies to fertilizer and petroleum products:
- 14. Revenues to step up from 10% to 15% likely :
- 14 Basket of Foreign exchange is in diversification:
- 16.System correction ? medium term strategy ? impact of monsoons;
- 17. Disinvestment of PSUs on maximum financial advantage:
- 18.Export ? Import ? anti dumping to be balancing factor:
- 19.Draught due to monsoon failures ? still to be observed:
Conference highlighted that all is not that good with economy in India. This remind us the 1929 and how Germany was in trouble. Adolf Hitler, Fuhrer of Germany, made Germany to get into spiraling Inflation and in fact German Bank printed currencies in billions. The net Result was economy collapsed, all over. Repairs are some kind of novices repairing, like repair of ?Chandrayan? and net result was ?Chandrayan by ISRO is lost for ever in the wilderness of Moon or Space. Nobody really knows!.
This is like ARMY warning 26/11 repeat but they will not know where exactly the problem is. We find ?e-mail? to the interested terrorists to fore warn them just to buckle up to make attack is positive and result oriented. That is all. That means you are annoyed just because you are unaware you will be hit. So is the economic predictions lead to predilections. You are caught in Scylla and Charibdis dilemma. Governments continuously are failing miserably.
1930s repeat is not yet over in India. Economic ministries or banks say ??things as yet not really attractive?, U, V, W, graphs are the result and confused movements in the people minds and that has impact on over all economy. All prices are not realistic. So many clever people make the killing by various ploys, by so called FALSEHOOD forecasting abilities. Forecasting abilities are really tied up the ability TO assesses several factors, but today so called experts do just ?approximations?, say may be true or not and they are not scientific forecast approach ANYMORE..
Realists appreciate governments? allover do really get confused BY false ?forecasts?. PM is sincere but he seems to be at end of his wits. Not only him but all the so called experts all over may be Nobel laureates or university professors or the super specialty journo(s), as they no longer talk like curious people.
One thing is certain people are at cross roads of conflicting claims. In the meantime so many ?Kodas? like Jharkhand politicians ARE being screened under CBI AND ?ED? ENFORECEMENT DIRECTORATE ?SCANNER?. Soon thousands will emerge, if the government has a will to bring to book in the interest of Nation.
The selective of information feed is also ?subjective analyses. Objectively fed information is missing since ?opening of economies?.
Ultimate reality is we are at some brink of economic destruction; it is like euthanasia ? silent killer of the economies leading to some kind of wilderness land that can be called an Eldorado Land.
One thing is certain poor will become poorer if divestment in PSUs continued to augment fiscal needs which is exorbitantly high very much higher than the governments? capability to handle, as most of the states finance ministers boost the state fiscal needs by higher local taxes on all goods and services cutting into the poor man?s budgets to run his house.
World over is very serious financial crisis since every where there is no solution but expenses are shooting up, as consumerism still high believing everything is fine but truth is indeed at the opposite ends (OTHERWISE)and might possibly lead to food riots, if there is no control in expenses and money will expand beyond limits.
If businesses are encouraged to go in their way, naturally Naxalism and Marxists will thrive as poor and poverty stricken cannot be just a spectator, after all his stomach pinches.
Recessionary trends are preferable to inflationary trends.
People with less income and NO control on expenses on essentials flatten.
Governments should be careful as to not to tow the business lines.
You now need a leader like Indira Gandhi to declare emergency to control banks and extravagant expenses, as your neighbor Pakistan will have great opportunity to take advantage on food riots sooner or latter and Taliban and other outfits look for such opportunity.
Wisdom in public finance management has to prevail to save the man on the street, after all very many Kodas will soon emerge everywhere if public revenue generation by debt goes on and on unabated, as the tax payer has to meet the debts which is seriously doubtful.
Repudiation is not possible which Americans faced during 1930 from several heavily borrowed countries but today you are borrowing from public finances, including divestments i.e., regulating revenues and expenditures.
Sir, Sad indeed government is towing the lines of corporate world which is mesmerizing the government and it is a dangerous doctrine of getting mesmerized. (Ends)
Wednesday, October 28, 2009
NCP party need not join congress in maharashtra!
NCP had failed miserably in maha elections as people lost faith. It is better if it does not to die a natural death as a party, it should not take home, finance and other portfolios. But it will not listen safter all it made knownto maharashtrians that it wants to make quick money at the cost of the State.Then it will die may be most of its members want to jooin Congress after all it was a splinter group and this group wanted to make money anso floated party. That story is over even Sharad Pawar knows it.
Sunday, October 25, 2009
swedish academy...
SWEDISH ACADEMYOF SCIENCES
MADE PROPER CHOICE IN AWARDING ECONOMICS? NOBEL PRIZE
(IN FAVOUR OF Professors Oliver Williamson (Economics department in his transaction cost theory) and MADAM ELINOR OSTROM OF UNIVERSITY of California, Berkeley (USA) OF POLITICAL SCIENCE DEPARTMENT, (in her social economic analysis) TO PROVE SOCIAL ANIMAL INSTINCTS IN MAN IN HER ILLUMINATIMG WORK ON NON-MARKET INSTITUTIONS IN HER STUDIES ON SEVERAL INSTITUTIONAL ARRANGEMENTS OF USER REGULATED USE OF COMMONS AS SUPERIOR TO PRIVATISATION OR RELIANCE ON SOLELY ON GOVERNMENT REGULATIONS?)
(BY Dr. G Balakrishnan, professor emeritus and visiting faculty in business schools- managerial economics & Corporate strategy and a constitutional lawyer, a former AFP JOURNALIST)
Stockholm reported Elinor Ostrom defied conventional wisdom with studies that showed that user managed properties ? such as community fish stocks or woodland areas were better run than standard theories predicted, by stating, ?Since we have found that bureaucrats sometimes do not have the correct information while citizens and users of resources do, we hope it helps encourage a sense of capacity and power. ? Her view in her work reflects a principle that people are willing to accept AVOIDABLE PERSONAL COST TO ENFORCE RULES THAT BENEFIT THE COMMUNITY. This is so because the upbringing of child in any family teaches the child this kind of life and that invariably becomes second nature in every man and that is social economics BASED PSYCHOLOGY of some sacrificing tendency in man in order of benefitting the community.
Her fellow winner professor Oliver Williamson of California university work on TCT (transaction cost theory) is a cost reduction mechanism in any product or service. That does mean ?outsourcing theory? (RELATION SPECIFIC INVESTMENT) which made many MNCs to outsource their work from companies like ?Infosys? and like.
Though Ram Singh of Delhi School of Economics just eulogized in his article, in Economic Times (issue of 14 october,09), of the Times of India group firm, and yet conflict resolutions in contracts though less in vertically integrating firm, there will be conflicts of interests, in TCT. So there is nothing like that you always get final answer by one solution.
Neo Classical theory worked for some time excessively depending on markets and market forces driving consumption to the tether ends leading to excessive consumption and that lead to serious wastages, like in foods wastages in five star hotels which reduce availability of essential commodities and that creates unnecessary artificial rise in costs of essential commodities and make poor man not to get his share of food in the society.
So centralized work regulation affects the local common man right from his daily necessities of food, shelter and clothing, and so on, and that situational analysis helped Ostrom and Williamson to research new factors in political economy, an inter disciplinary approach of descriptive sciences ? politics, economics, sociology, psychology and both inductive and deductive logics in a cohesive manner.
Previous notion was that common property was poorly managed and should be regulated centrally or privatized (a typical view challenged by Panchayati Raj system and India introduced/revived Panchayati raj system in 1991 by then Prime Minister Narasimha Rao out of own experience in Indian politics).
Nobel winners have well-recognized by their researches the views Ostrom now enunciated in her seminary work, being a political scientist (political economist) and that way inter disciplinary work only is an eye opener.
Prof Oliver Williamson (also of university of California) recognized in his research (on TCT) on analysis of conflict resolution for the ?over the last three decades and these contributions have indeed advanced economic governance research from the fringe to the forefront of scientific attention?, the committee observed.
According to Ostrom ?there are many many people who have struggled mightily and to be chosen for this prize is a great honor I am still a little bit in shock.?
Anyway it is indeed a corrective to many conventional economists to change their thinking process if social economics is a criterion.
Recent swirl in economic development overly worked on market is given a short shrift that markets alone cannot determine real factors, like protagonists view of ?Consumerism? which led to serious debts even to nations tying them to several years of debts and also monetary expansion without sensible views tied up thought to irrational economic development which led to Nandhigam problem in West Bengal and Maoist risings and declaring war by union government of India without realizing what will be the after effects. After all you have to protect all people?s living in an unequal society, a norm of the world.
It is a paradox that global in thinking while acting locally. Always local views are invariably governed by local needs, like rivers, climate, and waters and in these you will have to work holistically and not egoistically like thinking of connecting rivers.
In China also the government has to break the dam constructed across river Hoe-en-ho, just because of dam will cause very serious floods, in that river of sorrow. What is good at one place need not necessarily be always good and that good has to change on and often due to very many factors and that thought found well defined explanation in the Nobel laureates work! Too much irrational building of highways will bring havocs in climate and monsoons, have to be learned by governments is the lesson of this research! (Ends)
MADE PROPER CHOICE IN AWARDING ECONOMICS? NOBEL PRIZE
(IN FAVOUR OF Professors Oliver Williamson (Economics department in his transaction cost theory) and MADAM ELINOR OSTROM OF UNIVERSITY of California, Berkeley (USA) OF POLITICAL SCIENCE DEPARTMENT, (in her social economic analysis) TO PROVE SOCIAL ANIMAL INSTINCTS IN MAN IN HER ILLUMINATIMG WORK ON NON-MARKET INSTITUTIONS IN HER STUDIES ON SEVERAL INSTITUTIONAL ARRANGEMENTS OF USER REGULATED USE OF COMMONS AS SUPERIOR TO PRIVATISATION OR RELIANCE ON SOLELY ON GOVERNMENT REGULATIONS?)
(BY Dr. G Balakrishnan, professor emeritus and visiting faculty in business schools- managerial economics & Corporate strategy and a constitutional lawyer, a former AFP JOURNALIST)
Stockholm reported Elinor Ostrom defied conventional wisdom with studies that showed that user managed properties ? such as community fish stocks or woodland areas were better run than standard theories predicted, by stating, ?Since we have found that bureaucrats sometimes do not have the correct information while citizens and users of resources do, we hope it helps encourage a sense of capacity and power. ? Her view in her work reflects a principle that people are willing to accept AVOIDABLE PERSONAL COST TO ENFORCE RULES THAT BENEFIT THE COMMUNITY. This is so because the upbringing of child in any family teaches the child this kind of life and that invariably becomes second nature in every man and that is social economics BASED PSYCHOLOGY of some sacrificing tendency in man in order of benefitting the community.
Her fellow winner professor Oliver Williamson of California university work on TCT (transaction cost theory) is a cost reduction mechanism in any product or service. That does mean ?outsourcing theory? (RELATION SPECIFIC INVESTMENT) which made many MNCs to outsource their work from companies like ?Infosys? and like.
Though Ram Singh of Delhi School of Economics just eulogized in his article, in Economic Times (issue of 14 october,09), of the Times of India group firm, and yet conflict resolutions in contracts though less in vertically integrating firm, there will be conflicts of interests, in TCT. So there is nothing like that you always get final answer by one solution.
Neo Classical theory worked for some time excessively depending on markets and market forces driving consumption to the tether ends leading to excessive consumption and that lead to serious wastages, like in foods wastages in five star hotels which reduce availability of essential commodities and that creates unnecessary artificial rise in costs of essential commodities and make poor man not to get his share of food in the society.
So centralized work regulation affects the local common man right from his daily necessities of food, shelter and clothing, and so on, and that situational analysis helped Ostrom and Williamson to research new factors in political economy, an inter disciplinary approach of descriptive sciences ? politics, economics, sociology, psychology and both inductive and deductive logics in a cohesive manner.
Previous notion was that common property was poorly managed and should be regulated centrally or privatized (a typical view challenged by Panchayati Raj system and India introduced/revived Panchayati raj system in 1991 by then Prime Minister Narasimha Rao out of own experience in Indian politics).
Nobel winners have well-recognized by their researches the views Ostrom now enunciated in her seminary work, being a political scientist (political economist) and that way inter disciplinary work only is an eye opener.
Prof Oliver Williamson (also of university of California) recognized in his research (on TCT) on analysis of conflict resolution for the ?over the last three decades and these contributions have indeed advanced economic governance research from the fringe to the forefront of scientific attention?, the committee observed.
According to Ostrom ?there are many many people who have struggled mightily and to be chosen for this prize is a great honor I am still a little bit in shock.?
Anyway it is indeed a corrective to many conventional economists to change their thinking process if social economics is a criterion.
Recent swirl in economic development overly worked on market is given a short shrift that markets alone cannot determine real factors, like protagonists view of ?Consumerism? which led to serious debts even to nations tying them to several years of debts and also monetary expansion without sensible views tied up thought to irrational economic development which led to Nandhigam problem in West Bengal and Maoist risings and declaring war by union government of India without realizing what will be the after effects. After all you have to protect all people?s living in an unequal society, a norm of the world.
It is a paradox that global in thinking while acting locally. Always local views are invariably governed by local needs, like rivers, climate, and waters and in these you will have to work holistically and not egoistically like thinking of connecting rivers.
In China also the government has to break the dam constructed across river Hoe-en-ho, just because of dam will cause very serious floods, in that river of sorrow. What is good at one place need not necessarily be always good and that good has to change on and often due to very many factors and that thought found well defined explanation in the Nobel laureates work! Too much irrational building of highways will bring havocs in climate and monsoons, have to be learned by governments is the lesson of this research! (Ends)
what is education?
What is education? Is it that is taught in schools? Is it reliable for you? What do you expect in education? Whether the present systems of education really insure your future? IF not how will you go about?
(By Dr. Balakrishnan, former professor, Ex., Education Counselor, advocate, independent director in public limited companies, and visiting faculty in management studies (Bombay/Mumbai/ Pune/ Bangalore universities) UGC resource person attached to Bangalore University.)
Education is the means of art of living, in one?s life sojourn. Routes are different. No school teaches one to the capabilities one has. That is the real problem. Schools provide some set kind of topics or subjects as decided by government, under so called syllabus and curriculum.
Every boy and girl has a particular talent and that need not neatly fit into these so called curriculum / syllabus. You see film actors and theatre actors are talented to portray a role and accordingly the director selects on the basis of story line. You will note all actors will not fit the roles the story line may need. Those that fit the role have the opportunity to act, and that one leads to a box office rating. If you use an actor on the basis of strait jacketed education qualification, then naturally you will find film will miserably fail. So the actor should be exactly able to portray the role to the best possible satisfaction of the spectators.
You can make a technician by the present system of technical education, but when that technician is put to do a job he needs such creative abilities and if he does not he will create a drab cinema. Cinema is totally dependent on actors and hence they are paid astronomical sums of money. Similarly every one has some caliber but if you do not give relevant education fitting his caliber, then he naturally fails. So the word education is to fit in to your talents and what is done all over the world today, you have to fit in your talents to the education provided and hence education is some kind of straight jacket mechanism. Why students drop out, just because that education is not compatible to his talent. But interestingly, we shed all kinds of crocodile tears for the student dropping out of the course. That is the vast gap is created by the present day education. Those who do this straight jacket education will not get really any mark in life, except some make believe kind of capacity, like the people in LEHMAN BROS who all contrived the world economy to go into gloom, in USA, with all kinds of false promises and lies.
Every one created by God is just unique and every one need unique kind of education and some may fit in some collective education but that does not mean all will be fitted into it. So education policies have steadily failed all over centuries and in fact education system decently failed. People run for this decently failed education system.
Parents without knowing the talent of their children submit them to some so called schools/colleges/universities, as if the end of education is in those institutions but it is a sad mistake committed by every one as if every one thinks that he knows his child better but in fact child knows about him or her better.
If that freedom is available to the child it need not wait for government alms, under so called reservations and the like, after all every child can carve out its future much more better than the so called governments? thinking process. So it is said SARASWATI/MINERVA bestows particular talent in every child world through the process of procreation.
We did not learn education in ancient India from Europe. We had our own system of gurukul and we had our Nalanda and Taxila and similar such in India so too in china in ancient times. We developed temple architecture, management so too China Pagodas and Chinese management.
Present system will doom Indians for ever.
All we need is development several hundreds of subjects and list them, including languages. Give options for students to pick up subjects that interest them. This system will have to be adopted in all kinds of crafts and technical courses in all levels of schools, colleges and depending upon the kin of pupils or students, the government should make arrangement of teachers? mobility to reach out to students. There will be full attendance in classes and also teachers will find their interests expressed and that means they will not absent in the classes, subject to necessary supervision, if we really mean education for future generation.(ends)
What is education? Is it that is taught in schools? Is it reliable for you? What do you expect in education? Whether the present systems of education really insure your future? IF not how will you go about?
(By Dr. Balakrishnan, former professor, Ex., Education Counselor, advocate, independent director in public limited companies, and visiting faculty in management studies (Bombay/Mumbai/ Pune/ Bangalore universities) UGC resource person attached to Bangalore University.)
Education is the means of art of living, in one?s life sojourn. Routes are different. No school teaches one to the capabilities one has. That is the real problem. Schools provide some set kind of topics or subjects as decided by government, under so called syllabus and curriculum.
Every boy and girl has a particular talent and that need not neatly fit into these so called curriculum / syllabus. You see film actors and theatre actors are talented to portray a role and accordingly the director selects on the basis of story line. You will note all actors will not fit the roles the story line may need. Those that fit the role have the opportunity to act, and that one leads to a box office rating. If you use an actor on the basis of strait jacketed education qualification, then naturally you will find film will miserably fail. So the actor should be exactly able to portray the role to the best possible satisfaction of the spectators.
You can make a technician by the present system of technical education, but when that technician is put to do a job he needs such creative abilities and if he does not he will create a drab cinema. Cinema is totally dependent on actors and hence they are paid astronomical sums of money. Similarly every one has some caliber but if you do not give relevant education fitting his caliber, then he naturally fails. So the word education is to fit in to your talents and what is done all over the world today, you have to fit in your talents to the education provided and hence education is some kind of straight jacket mechanism. Why students drop out, just because that education is not compatible to his talent. But interestingly, we shed all kinds of crocodile tears for the student dropping out of the course. That is the vast gap is created by the present day education. Those who do this straight jacket education will not get really any mark in life, except some make believe kind of capacity, like the people in LEHMAN BROS who all contrived the world economy to go into gloom, in USA, with all kinds of false promises and lies.
Every one created by God is just unique and every one need unique kind of education and some may fit in some collective education but that does not mean all will be fitted into it. So education policies have steadily failed all over centuries and in fact education system decently failed. People run for this decently failed education system.
Parents without knowing the talent of their children submit them to some so called schools/colleges/universities, as if the end of education is in those institutions but it is a sad mistake committed by every one as if every one thinks that he knows his child better but in fact child knows about him or her better.
If that freedom is available to the child it need not wait for government alms, under so called reservations and the like, after all every child can carve out its future much more better than the so called governments? thinking process. So it is said SARASWATI/MINERVA bestows particular talent in every child world through the process of procreation.
We did not learn education in ancient India from Europe. We had our own system of gurukul and we had our Nalanda and Taxila and similar such in India so too in china in ancient times. We developed temple architecture, management so too China Pagodas and Chinese management.
Present system will doom Indians for ever.
All we need is development several hundreds of subjects and list them, including languages. Give options for students to pick up subjects that interest them. This system will have to be adopted in all kinds of crafts and technical courses in all levels of schools, colleges and depending upon the kin of pupils or students, the government should make arrangement of teachers? mobility to reach out to students. There will be full attendance in classes and also teachers will find their interests expressed and that means they will not absent in the classes, subject to necessary supervision, if we really mean education for future generation.(ends)
(By Dr. Balakrishnan, former professor, Ex., Education Counselor, advocate, independent director in public limited companies, and visiting faculty in management studies (Bombay/Mumbai/ Pune/ Bangalore universities) UGC resource person attached to Bangalore University.)
Education is the means of art of living, in one?s life sojourn. Routes are different. No school teaches one to the capabilities one has. That is the real problem. Schools provide some set kind of topics or subjects as decided by government, under so called syllabus and curriculum.
Every boy and girl has a particular talent and that need not neatly fit into these so called curriculum / syllabus. You see film actors and theatre actors are talented to portray a role and accordingly the director selects on the basis of story line. You will note all actors will not fit the roles the story line may need. Those that fit the role have the opportunity to act, and that one leads to a box office rating. If you use an actor on the basis of strait jacketed education qualification, then naturally you will find film will miserably fail. So the actor should be exactly able to portray the role to the best possible satisfaction of the spectators.
You can make a technician by the present system of technical education, but when that technician is put to do a job he needs such creative abilities and if he does not he will create a drab cinema. Cinema is totally dependent on actors and hence they are paid astronomical sums of money. Similarly every one has some caliber but if you do not give relevant education fitting his caliber, then he naturally fails. So the word education is to fit in to your talents and what is done all over the world today, you have to fit in your talents to the education provided and hence education is some kind of straight jacket mechanism. Why students drop out, just because that education is not compatible to his talent. But interestingly, we shed all kinds of crocodile tears for the student dropping out of the course. That is the vast gap is created by the present day education. Those who do this straight jacket education will not get really any mark in life, except some make believe kind of capacity, like the people in LEHMAN BROS who all contrived the world economy to go into gloom, in USA, with all kinds of false promises and lies.
Every one created by God is just unique and every one need unique kind of education and some may fit in some collective education but that does not mean all will be fitted into it. So education policies have steadily failed all over centuries and in fact education system decently failed. People run for this decently failed education system.
Parents without knowing the talent of their children submit them to some so called schools/colleges/universities, as if the end of education is in those institutions but it is a sad mistake committed by every one as if every one thinks that he knows his child better but in fact child knows about him or her better.
If that freedom is available to the child it need not wait for government alms, under so called reservations and the like, after all every child can carve out its future much more better than the so called governments? thinking process. So it is said SARASWATI/MINERVA bestows particular talent in every child world through the process of procreation.
We did not learn education in ancient India from Europe. We had our own system of gurukul and we had our Nalanda and Taxila and similar such in India so too in china in ancient times. We developed temple architecture, management so too China Pagodas and Chinese management.
Present system will doom Indians for ever.
All we need is development several hundreds of subjects and list them, including languages. Give options for students to pick up subjects that interest them. This system will have to be adopted in all kinds of crafts and technical courses in all levels of schools, colleges and depending upon the kin of pupils or students, the government should make arrangement of teachers? mobility to reach out to students. There will be full attendance in classes and also teachers will find their interests expressed and that means they will not absent in the classes, subject to necessary supervision, if we really mean education for future generation.(ends)
What is education? Is it that is taught in schools? Is it reliable for you? What do you expect in education? Whether the present systems of education really insure your future? IF not how will you go about?
(By Dr. Balakrishnan, former professor, Ex., Education Counselor, advocate, independent director in public limited companies, and visiting faculty in management studies (Bombay/Mumbai/ Pune/ Bangalore universities) UGC resource person attached to Bangalore University.)
Education is the means of art of living, in one?s life sojourn. Routes are different. No school teaches one to the capabilities one has. That is the real problem. Schools provide some set kind of topics or subjects as decided by government, under so called syllabus and curriculum.
Every boy and girl has a particular talent and that need not neatly fit into these so called curriculum / syllabus. You see film actors and theatre actors are talented to portray a role and accordingly the director selects on the basis of story line. You will note all actors will not fit the roles the story line may need. Those that fit the role have the opportunity to act, and that one leads to a box office rating. If you use an actor on the basis of strait jacketed education qualification, then naturally you will find film will miserably fail. So the actor should be exactly able to portray the role to the best possible satisfaction of the spectators.
You can make a technician by the present system of technical education, but when that technician is put to do a job he needs such creative abilities and if he does not he will create a drab cinema. Cinema is totally dependent on actors and hence they are paid astronomical sums of money. Similarly every one has some caliber but if you do not give relevant education fitting his caliber, then he naturally fails. So the word education is to fit in to your talents and what is done all over the world today, you have to fit in your talents to the education provided and hence education is some kind of straight jacket mechanism. Why students drop out, just because that education is not compatible to his talent. But interestingly, we shed all kinds of crocodile tears for the student dropping out of the course. That is the vast gap is created by the present day education. Those who do this straight jacket education will not get really any mark in life, except some make believe kind of capacity, like the people in LEHMAN BROS who all contrived the world economy to go into gloom, in USA, with all kinds of false promises and lies.
Every one created by God is just unique and every one need unique kind of education and some may fit in some collective education but that does not mean all will be fitted into it. So education policies have steadily failed all over centuries and in fact education system decently failed. People run for this decently failed education system.
Parents without knowing the talent of their children submit them to some so called schools/colleges/universities, as if the end of education is in those institutions but it is a sad mistake committed by every one as if every one thinks that he knows his child better but in fact child knows about him or her better.
If that freedom is available to the child it need not wait for government alms, under so called reservations and the like, after all every child can carve out its future much more better than the so called governments? thinking process. So it is said SARASWATI/MINERVA bestows particular talent in every child world through the process of procreation.
We did not learn education in ancient India from Europe. We had our own system of gurukul and we had our Nalanda and Taxila and similar such in India so too in china in ancient times. We developed temple architecture, management so too China Pagodas and Chinese management.
Present system will doom Indians for ever.
All we need is development several hundreds of subjects and list them, including languages. Give options for students to pick up subjects that interest them. This system will have to be adopted in all kinds of crafts and technical courses in all levels of schools, colleges and depending upon the kin of pupils or students, the government should make arrangement of teachers? mobility to reach out to students. There will be full attendance in classes and also teachers will find their interests expressed and that means they will not absent in the classes, subject to necessary supervision, if we really mean education for future generation.(ends)
class structure..
Class Structure and intelligence in American life ? A challenge? ? How is this catching up in India too of late!
(By Dr. G. Balakrishnan, PhD., a public affairs educational psychologist & Reflexology consultant (a science of understanding of material human body and its functions in different situations)
A high- ?IQ? in an individual increases criminal behavior while low ?IQ? is merely prone to being caught asserts Bell curve in human mind.
Genius a master mind is lonely person. He is very jealously protects himself and he behaves like honey bee stinging. Today ?Our intellectual landscape has been disrupted by equivalent of an earthquake?, said Michael Novak of ?National Review? of America.
Pundit Ravi Shankar is not allowing his son to come up, as he is jealously guarding his genius, like many geniuses of the past, according to a report of recent origin.
Politicians in power mostly imitate low IQ personalities and cannot be treated as genius and they are mostly alleged to be criminal in behavior, as their aim is just to amass wealth right and left. They are likely to be caught and so they use their weight of party bigwigs.
A few are high IQ men are there in politics and they have strangle hold in party politics, e.g., Mayavathi, Rajnath Singh, Bal Thackeray, Raj Thackeray, Amar Singh, Lal Kishen Advani, RSS leaders, Modi of Gujarat, Karunanithi of Tamil nadu, A. Raja, union Minister at union Cabinet, Taliban leader Osama Bin Laden and many of his cohorts, Some LeT-men, so too LTTE-men like late Prabhakaran, Military Rulers of Myanmar, Dictators, to mention a few. But they will face sooner or later problems like being put to sword, as they have more direct and indirect enemies every where.
Edmund Burke said ?There is a most absurd and audacious method of reasoning avowed by bigots and enthusiast, and through Fear assented to by some wiser and better men; it is this. They argue a faire discussion of popular prejudices, because, say they, tho? they would be found without any reasonable Support, yet the Discovery might be productive of the most dangerous consequences. Absurd and blasphemous Nation!. As if all Happiness was not connected with practice of virtue, which necessarily depends upon the Knowledge of Truth. ?(A Vindication of Natural Society)?
It is funny that American situation has dawned on India, may be because most of the high paid MBAs are from Harvard, Wharton ECT Business schools. See Ambanies, and big builders? scions are educated in USA so too politicians?, bureaucrats? and they do not want to fall under RT I Act about their assets information in public domain, meaning thereby they amassed wealth in filthiest possible ways, indicating their criminal bent of IQs.
So too when you note 188 of 288 Maharashtra MLAs will be ?Crorepathies? thro? ill-gotten wealth process, a psyche dominating in political class of criminality.
Due to constraints of space, in some other time another article may carry further story on this aspect. (Ends)
IT MINISTER RAJA SHOULD RESIGN!
Raja shd resign as his ministry is raided by CBI and if CBI Enquiry fails to prove wrong doing Raja can be in cabinet and if not he has to go. DMK party is not important compared to people of india's interests. If DMK insists it is clear that it wants to loot the country. It is not woirth allying with DMK. other parties are there supporting the govt, for instance Samajwadi party.
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