The ‘More for less, for more’ innovation


(There’s been a while I’ve been out of touch with blogging. Since the last few days I’ve been feeling the void to blog and share to the world what I’ve been learning. I hope to be a regular from now).

I just stumbled upon a thought provoking video from a recent TED talk I watched, where Dr. RA Mashelkar who’s the former Director of Council for Scientific and Industrial Research (CSIR) in India spoke about how some innovations transformed into global social innovations impacting many. Be the the Tata Nano, A prosthetic limb or a treatment for psoriasis ( a fatal skin disease) etc that solved basic human problems/needs.

One thing I learnt from the video is that if you’re a learner or a doer, think what your life has to offer, look at the problems around you, talk to n number of people and try to solve it in a way that is accessible and affordable by all. You will become a homemade entrepreneur by taking incremental steps to create disruptive innovations. Be passionate, compassionate and then try to innovate and create ‘the more for less for more’ innovation the world needs for the 4 billion people who are earning less than $2 a day.

Check out the video here:

RA Mashelkar’s video on ‘More for less for more’

Changing Education Paradigm


Sir Ken Robinson explains how education has revolutionized the world, and the kind of cultural, social and intellectual shift required by educators throughout the world.

We know a lot of online education platforms starting from one man show Khan Academy (www.khanacademy.org), to a Stanford based online education startup Coursera (www.coursera.org), a similar Harvard based online education portal EdX (www.Edxonline.org) and a collaborative platform Udemy (www.udemy.com), where anyone can become an educator and take a class of what they are good at or love doing. The shift in education is definitely going much more collaborative, open and filling the wide gap of education in the lives of the ones who can afford to ones who can’t is filled with the platforms like these.

Not just this, in the developing countries organizations like Teach for India, adopted from Teach for America are working to spark the lives of the poor, who cannot afford basic primary education.

The future of any nation lies in education and a paradigm shift from people’s adaptability to attitude of the countrymen is needed to bring that change. Not just this, if we have enough earned through our capabilities and skills or even inherited, we must sponsor a child for his/her education. It’s like giving life to them and their family. 

The Three kinds of Entrepreneurs


I read this most amazing quote today by the founder and CEO of Mu Sigma Mr. Dhiraj Rajaram. Mu Sigma is a billion dollar company in data analytics and is known to manifest entrepreneurial growth through the data scientists it makes out of programmers, analysts and applied Mathematicians.

He draws a relationship between the types of entrepreneurs and the two main kinds of marriages in India. He says, “ There are two kinds of entrepreneurs. One are arranged marriage entrepreneurs and the other are love marriage entrepreneurs.

“The arranged marriage entrepreneurs are the ones who want to be entrepreneurs and they look for the right business. They shop around. They try out different ideas. They sit in Starbucks and meet with people. They talk to VCs, raise money and sometimes even exit. And like many arranged marriages they have beautiful endings.”


“The second kind of entrepreneur is the Love marriage entrepreneur. He is somebody who has found a girl and wants to live with that girl. And as part of that he is ready to get married with that girl. The girl is the idea. I became an entrepreneur because I wanted to work on that idea.”

 

This analogy is indeed very true in the entrepreneurial context in India. There are always two sides of the coin. One side, which will always look for good ideas and create a business out of it. The other side, has already found out the idea and wants to work on it for the rest of his life. What do you think is more transformational? I say, its both. Both kind of entrepreneurs are needed in the startup ecosystem. One fosters competition and other fosters innovation. Both of which are necessary for a healthy startup scene.

I love the fact, that these two kind of entrepreneurs can be anyone. There are no set rules to become an Entrepreneur. Anyone can opt Arranged marriage, Love marriage or In India, Arranged cum Love marriage, which is the best bet and the hybrid third type of an Entrepreneur. To all those people, who never thought of marriage, marry your love and arrange it.

 

The new wave of Emerging Markets- 1.0


English: Map of Emerging Markets

English: Map of Emerging Markets (Photo credit: Wikipedia)

On a friend’s suggestion, I have started reading this book the recent economic bestseller ‘Breakout Nations’ by Ruchir Sharma, who is the head of Emerging Market Equities and Global Macro at Morgan Stanley. It is one of the must reads for any who is interested in knowing how the emerging market economies run and insights on different sociological, demographical, political and industrial parameters required to judge the nation’s growth curve, or like he mentions a nation which can standout in the future of economic parade, the growth survivor Breakout Nation.

As we know, BRICS are more or less the most overhyped term used in the Emerging Market perspectives for businesses and nations. With the dominant force of the US in the world economy diminishing after the 2008 financial crises, there is an optimistic wave among investors and companies to reach out or expand or invest into these economies of the future who are turning out to be major players in the world market.

China: With China fueling over a double-digit growth over few years and dependent on exports, it runs on a constant urge to grow and become the world’s next superpower. Though, its communist political party which has been in power since a long time and has carried a legacy of their ‘its glorious to be rich’ leader Deng Xioping, it still has to keep up with the upcoming investment trends and demographical misfits which they are likely to face after 2014 read [the number of young people joining the workforce is going decrease over the next decade] and the businesses have overshot their manufacturing capacities in terms of labor and capital. The businesses in China run over exports and cheap labor, that might turn against them in the coming decade. With the center Beijing becoming a political powerhouse, the real estate market is on a high and has become unaffordable to the middle class chinese family. The first condition of girls in China for their marriage partners is that the latter should own a house. Though the per capita income is on rise, almost around $4000 and inflation at around 5.5 %, the future of the Chinese economy is not going to be based on the type of government in the center but on the kind of leadership that takes China forward. Owing to the popularity of chinese proverbs, one which their leader in Communist Party of China, Deng Xioping quoted ‘No matter if it is a white cat or a black cat; as long as it can catch mice, it is a good cat’. They have been good cats in the last three decades, surviving as a cat is going to be important for them in the coming overturns and times.

India: As India’s great hope trick continues to pervade over the minds in the west, it is anticipated to grow in building conscience over its complexity of the Coalition government, State politics, diverse Stock markets (0ver 5000 listed companies in all types of sectors from Energy to Automobile to Pharmacy) and Sadhus of the himalayas. Coming from the crony past of License Raj, a red tape-driven bureaucracy in which licenses were given to only who could manufacture goods but also determining at how much and at what price, to the liberal economy from 1991, it has come a long way in reforms and policies mostly in favor of the nation’s capitalists. As Ruchir Sharma describes India as a high context society that believes deeply in tradition, history, favoring the in-group and hence more vulnerable to corruption. The country has deepened its roots in the world economy and has got a seat in the center-stage of developmental economics. Though the per capita income is around $1400, owing largely to its 1.2 Billion population, the country has witnessed a growth boom between 2003 and 2007, nearly 9% per year. With a large savings environment inherited from its ancestors and a large workforce, the domestic consumption in India is growing every year on year basis. Though, environment of doing business in India is largely dependent on your political connections, there is a lot of divestment from the large companies now ‘outward facing’ who are in-turn expanding their businesses to other emerging markets. Investment by Indian businesses has declined from over 17% of GDP in 2008 to 13% now and overseas operations now accounts to more than 10% of overall corporate profits compared with 2% five years ago. This leads to a spike in inflation. With inflation is around 7-7.5 % and the growth rate in GDP is around 5%, the Indian crony capitalism is at its peak leading to various scams in the past 5 years. With more number of Entrepreneurs and young people joining the workforce, the reforms of the government will help small businesses measure its true value. The Congress led UPA government has disappointed in its second term, but the bucks are on the mighty of the west in the upcoming 2014 elections. Democracy can always overturn and is sociologically unpredictable. As E.M Forster remarked about India, But nothing in India is identifiable, the mere asking of the question causes it to disappear or to merge in something else. If we are able to identify our core roots, we can be an economically sound nation in decades to come, if not a superpower. Definitely, a chance to become a breakout nation.

Will write about Brazil, Russia and other emerging markets in the coming posts.

Remembering Vivekananda


English: Higher detail image of Swami_Vivekana...

Today is the 150th Birth Anniversary of Swami Vivekananda (1863-2013) and his birthday is celebrated as National Youth Day in India. He was a spiritual leader, a man of principles and an avid orator in Interfaith Awareness.

I am sharing his speech at Parliament of the World’s Religions, Chicago in 1893. which I luckily found on the web.

Here’s the full length of the speech, a must read.

Sisters and Brothers of America:

It fills my heart with joy unspeakable to rise in response to the warm and cordial welcome which you have given us. I thank you in the name of the most ancient order of monks in the world; I thank you in the name of the mother of religions, and I thank you in the name of millions and millions of Hindu people of all classes and sects.

My thanks, also, to some of the speakers on this platform who, referring to the delegates from the Orient, have told you that these men from far-off nations may well claim the honour of bearing to different lands the idea of toleration. I am proud to belong to a religion which has taught the world both tolerance and universal acceptance. We believe not only in universal toleration, but we accept all religions as true. I am proud to belong to a nation which has sheltered the persecuted and the refugees of all religions and all nations of the earth. I am proud to tell you that we have gathered in our bosom the purest remnant of the Israelites, who came to Southern India and took refuge with us in the very year in which their holy temple was shattered to pieces by Roman tyranny. I am proud to belong to the religion which has sheltered and is still fostering the remnant of the grand Zoroastrian nation. I will quote to you, brethren, a few lines from a hymn which I remember to have repeated from my earliest boyhood, which is every day repeated by millions of human beings: “As the different streams having their sources in different paths which men take through different tendencies, various though they appear, crooked or straight, all lead to Thee.”

The present convention, which is one of the most august assemblies ever held, is in itself a vindication, a declaration to the world of the wonderful doctrine preached in the Gita: “Whosoever comes to Me, through whatsoever form, I reach him; all men are struggling through paths which in the end lead to me.”

Sectarianism, bigotry, and its horrible descendant, fanaticism, have long possessed this beautiful earth. They have filled the earth with violence, drenched it often and often with human blood, destroyed civilization and sent whole nations to despair. Had it not been for these horrible demons, human society would be far more advanced than it is now. But their time is come; and I fervently hope that the bell that tolled this morning in honour of this convention may be the death-knell of all fanaticism, of all persecutions with the sword or with the pen, and of all uncharitable feelings between persons wending their way to the same goal.

Luck favors the unintended


We know that our ‘role model’ predecessors whom we look to must have been the innate example of ‘Luck favors the brave’. We have often being advised by our peers, family, mentors etc that to achieve something you have to set your goals and try to achieve it by knowledge, hard-work and passion. Would this just be enough to achieve something we always wanted to but never identified it in the first place?

Yesterday, my father narrated me a story of his life, a story which changed his life forever. A story of fate and fortune. Coming from a middle class family, my father was 13 years old when he was sent to study at Birla Public School in Pilani, Rajasthan (one of the finest boarding schools in India) with a sole intention by my grandfather to make him an engineer from BITS, Pilani in the long run. My grandfather was turned to by his brother who was living in Pilani and he suggested him to send his son to the school with a pretext of making him a capable person. My father went to attend the school for Class 8th. Owing to his nature and his attachment for my grandmother, he started writing letters to my grandmother when he was in school tugging at his heartstrings. When my grandfather came to know this, he posted all these letters to my father’s uncle back there in Pilani. The uncle then fixed this situation by asking the school authorities to take a retest for my father for Class 9th. This meant that my father had to give the re-test, could not think of going back and was stuck at the school for one more year. Propelling his will to go back, my father left Pilani with his bag in the middle of ninth standard, boarded a bus from Pilani to Delhi and then a train from Delhi to Surat with just 20 rupees in his pockets.

He came back to his parents and then was admitted in a local school. He then pursued Bachelors in Chemistry in a local science college. After getting a bachelor’s degree, he started working under my grandfather who was working as a Manager in a textile firm owned by Birlas. After one year working under my grandfather, he set out to float his own textile business. Since then, there was no looking back for him and he build a successful business along with his two younger brothers. More than 20 years in the business, he has been resilient and consistent in the growing the business. His experiences taught him to take a leap to something unconventional and go on a path less intended. One thing he told me ‘If I would have stayed in Pilani, completed my high school there and pursued engineering, I would never have got into business (which he nor my grandfather thought in the first place) and so whatever happens, happens for a reason’. 

We, as a generation, often ponder over our goals in achieving something through those common attributes of planning and hard work which have been preached over since ages and fear to take unintended risks. If we achieve or we don’t, luck has not only supported the brave but also the unintended. So, its sometimes better to be unplanned, believe in yourself and start looking for the dots which will eventually connect when the right time comes. Clock is ticking and I am waiting to ring my bell.

India-Superpower in 2048?


Recently, came across this enthralling TED video based on statistics. Do we envision a hope here?

I am optimistic if there is good leadership at the center of Indian Politics.

Is it the real closure?


Indian Government today took a swift decision to hang the convict and the lone survivor  Ajmal Kasab of 26/11 Mumbai Attacks and spread the message of integrity and security of our nation. Sometimes its good to be late than never. But, the one question still arises in the mind of the commoners witnessing each moment India is living, is this the real closure of the case?

I don’t think so. Though the culprit was hanged till death but the masterminds are still living somewhere in that corner of the world and grinning through all this. Their job was done to carry out and implement their plan of attacking Mumbai at its brim. When in time, will those people be convicted and executed who live in the odds of terrorism and many such activities. There were attacks on the parliament, the sovereignty of our democracy and the convict Afzal Guru is still beholding the law and behind the bars. When in time, will there be a strong message passed to these terrorist groups that India is not handicapped by nature. Their network is still intact and secure by over multiple nations. India being one of it. When in time, will the roots of this evil be procured and snatched out from the soil of our nation? This might be a closure to one chapter as said by father of Major Sandeep Unnikrishnan, who lost his life battling and saving lives during the 26/11 attack, but there are a lot of other chapters to close.

In no religious scriptures or texts there is written that killing innocent people helps you attain the true divinity and materialize fruits which are no sweeter. The sense of closure will come when the actual people who are planning and manipulating minds like Ajmal Kasab and others be convicted and hanged for life. I am sure our Defense is no less in tracing down these groups geographically, but a collective will is required over nations and the needful should be done than coming over the diplomatic relations. World will be a better place to live, if nations come together and not just individuals.

 

The Game of throne


The one thing for which India is famous about is its political culture. It is that one thing which keeps everyone bonded in terms of happenings, opinions and the made-up news. The recent series of exposures made by Arvind Kejriwal from the India Against Corruption team (Yes, he finally joined politics forming his own party and departed ways with the Gandhian Anna Hazare) on different politicians has pervaded the stream of wave among the commons in India. Congress, which has formed UPA government (United Progressive Alliance), a coalition government infused with several political parties in India like BSP( Bahujan Samajwadi Party), SP( Samajwadi Party- who’s ruling Uttar Pradesh, largest state in India with highest number of parliamentary seats), NCP( Led by Sharad Pawar), Trinamool Congress (Now out congress over FDI in Retail and Diesel Price hike, originally from ) etc has been in doldrums since early 2009. The political instability lies in the formation of this coherent, co-operative and co-stupid government which is deep-rooted with corruption and ignorance.

The coalition government has always divided the country by the political parties and there is no mutual decision-making in any of the issues faced inside or outside the country. This issue is the issue of division among the masses of the country, who eventually end up suffering. I don’t want to sound like Arundhati Roy here, but the country needs an elected representative from its capitalist regime, who just doesn’t see profits of his/her state or company but also see profits for the masses. And only a capitalist can understand this. The economy of the country lies in the hands of the capitalists and as they say the global economy is a capitalist economy. One such example is of Gujarat’s Chief Minister Narendra Modi from the Opposition Party ( BJP- Bhartiya Janta Party) who is serving as Chief Minister of Gujarat consecutively for the second time, and recently TIME Magazine covered him stating ‘Modi Means Business’ from the good he has done to Gujarat State in terms of business, trade and law. We need people like him at the center, if not him if we still hold the grudges of the past.

The country needs unidirectional people with a single focus of doing good to the country and not just doing good to their house. For that, everything matters. The single vote will matter. So, all those who have been thinking not to vote must stand up, renew their voting cards and vote in the upcoming elections whenever they be either Midterm polls or 2014. Then, we will be called the true citizens of the country, despite anything, for the love of god.

I am going to vote for the first time which will embark my start to all the next times.

You play the game in the game of throne. And let your voice count.

The Indian Urban


Is our country good at managing Urban Cities? The realities of our country is not just making it more populated but also poorly managed.

Check out this video from Economist.

The Urban India

And Surat which is 4th in the world’s foremost growing cities is featured in the end.

The White Leopard (Not Snow)


So this has been a long break from writing and I suddenly feel an urge of starting it all over again. But a lot has happened all this while in countries, businesses and people. There are elections coming in the US, the internal conflicts in India has been rising over corruptions and scandals, the Chinese businesses are leading their way in producing cheaper consumer products, the world is turning to renewable energies, Apple is making amazing products, Samsung is jealous and climate change, we realize, is not a hoax. But, in between all of these the best thing that I did my dream internship at Indian Institute of Management, Ahmedabad and then went to Berlin to visit a friend and then Falera, Switzerland (Breathtaking village between the swiss alps and 2 hours ride from Zurich) for an International Summer University in Energy. The urge to travel from a long time finally got fulfilled, and trust me friends travelling alone is the best thing you can ever do to yourself.

Soon after my stint from the Summer program, I am finally back to my place and nothing is as beautiful as your home and the of course food with spices you get in India (which was badly missing in Europe). Just when I was sorting out my library (with sole intention to dust it), I got my hands on a book called The White Tiger by Aravind Adiga, which won the booker prize in 2008. I completed that book in one go and I liked the way the author described the rave India with a lot of intended pun addressing the story to the Chinese Premier Wen Jiabao. This book is a story of a poor young boy from Rural India on how he gets corrupt and transform himself in the process of becoming an Entrepreneur. I realized that’s true with most of the people in India who actually don’t earn their Cheeseburger in a day, and there are millions of them. From the rich tradition to ravanous politics, this is the story of India. The India of all small things, we’ll talk about god later.

We talk our Indian Premier, who is known as the Silent man of India, the prime minister. He recently introduced FDI in retail, hiked diesel prices etc to give a boost to the Indian Economy despite of failed attempts to stop corruption in his own team. There were protests meanwhile from various personalities and all of them are tired and quiet now. The opposing government tries to pinpoint the government on policy changes and various other issues in the states or elsewhere. This is how the coalition government works and in democracy, there will always been someone losing in the whole process, that is the Common man. Just as described in the book The White Tiger, the boy who understands the system, gets into it and become successful from misdoings ( there are a lot of ‘success stories’ like that) and then become the Entrepreneur of principles for the people of his own company. And he was called the White Tiger. We need someone like that to run our country. The one who adapts to the system, gets into it and has one vision in his/her mind, to grow urban India as well the rural India and nor his team or him has accounts in Swiss banks. Then, he will be known as the White Leopard among the Black bulls. I believe there is some white leopard in the making. The Leader of leaders.

Ah, I love Swiss chocolates!

The Brick Walls at IIM A and how they inspire me!


English: Harvard Steps

English: Harvard Steps (Photo credit: Wikipedia)

Build with motivation and passion of its founders, Vikram Sarabhai – A prominent Scientist and Industrialist, KasturBhai Lalbhai– well-known Industrialist and Ravi J Matthai- First Director(1965-72), the institute has progressed through all leaps and bounds and is currently on the frontier of centers for excellence nationally and globally. It’s the most competitive place to get in, and it is that for a reason; infact several reasons. The Institute is leading for its overall development and achievements in fulfilling its core mission of fostering entrepreneurship and promoting innovation. With a great alumni network over almost 48 years, and even better alumnus ranging from CEOs in top multinational companies, to quite a number of successful entrepreneurs, authors, professors and economists, it has a recognition of providing the best to the world. IIM A was collaborated with Harvard University during its early inception and the approach of teaching methodologies has been adapted from the university. Owing to this, the steps to enter the IIM A building is called  ‘Harvard Steps’. Louis Kahn, the legendary architect designed the old campus of IIM A Building imbibing amazing geometrical design with bricks.

So, where does the inspiration come from? It’s all in the air and in the vacuum of these walls. Not just this, the best feeling is when you are sitting in front of Vikram Sarabhai Library (which is 24*7 open), and the gliding waves of air touches you. That’s where the inspiration comes from! The walk in front of those lawns is much more inspiring and full of ideas. If given a chance, this place is worth a visit and even more worthier to study in. There is so much to say but so less time (Use Google for more information). I can sleep with satisfaction now! One is writing after long and one of  praising the place.

And I remember the quote I read few days back,

“Whether we like it or not, we all come from someplace. And at some point in our lives, we have to make peace with that place.” 

I am sure, I have made peace with this place and this is how it inspires me through its walls which talk (It really does!).

Connection- Between the lines.


Ok, so these days I have been reading extensively about a lot of topics together, and I somewhere made out that everything is so interdependent to each other and made sense. Be it technology, economics, science, politics, psychology and design.Mahatma Gandhi has rightly said ” Interdependence is and ought to be as much the ideal of man as self-sufficiency. Man is a social being”. Everything has a gist, and we see it as we are.

Technology Design Co-relation: Technology has always been revolutionized over design, read Apple. Today’s technology is not only serving the purpose but also expatiating the trends in the industry be it grids, networks, tablets, smart-phones, web applications and various different products including social media and clean-technology giving it a design edge to the rescue. Customers are half convinced over a good design, which is becoming a widening trend. Innovation is a part of design and an idea solving a purpose, making it more efficient. In India, we call it “Jugaad”. That’s how we design our lives, if not technology.

This is a chart showing the interconnected, in...

This is a chart showing the interconnected, interdependent nature of modern society that can be used to illustrate Structural Functionalism. (Photo credit: Wikipedia)

 

 Science- Politics Co-relation: Where Science is trying to change the world, people are becoming much more politically inclined in expanding its scope. One such example, is of Patents. Where Institutions and Individuals are trying to develop products over a little modification and selling it in the market. There is a lot of plagiarism in research of various different sectors and areas. Nuclear weapons are another example, where we see a constructive as well as a destructive use in this advancement of science. This is affecting the world as a whole, and nation in parts. Different political institutions and governments are involving themselves in the research of several fields with the core motive of how that will make them stronger in different spheres. Be it Space Research or Particle Research, everyone is trying to capture and make a mark in different dimensions. Well, to some extent it makes sense as its beneficial for the masses in the long run, but there are always repercussions. 

 Economics- Psychology Co-relation:   As the world is struggling to keep its economies upright, there is a lot of dependence of the sentiments of the nation as a whole in determining the economic prosperity of the nation. Be it the worth of the money when the prices rise (Inflation), the consumer behavior in the Supply Demand ratios or the person’s income compared to the total nation’s income (GDP). All these behaviors are subjected to different psychological aspects in each individual of the country, not just the earnings in businesses, governments and corporations. Economics has always been sentimental in its approach and not statistical. The stock markets drive on organizational behavior, and emotional trends. Serving a society and earning wealth are two different sides of the same coin. One can happen at a time, and are directional to each other. 

How this world is so diverse and co-related? Some random musings after a late night idiosyncrasies. But, I am always inspired in between the lines and worlds.

 

India- A Re-emerging Economy


As history remarks, from 0 AD to 1700 AD, India was the richest of all the economies in the world. By 1700, there was 32% of the wealth of the world, was in India. Then, came the era of colonization when different countries from the west started looting India with their trading prospects which ultimately led India to be a poor country (as westerners still think we are), but I am going to cite few examples as to how India is not an emerging economy, but a re-emerging economy. We were never poor.

At the time of Independence, the GDP of India was close to 4.2% and by 1973, during the state of Emergency declared by our then Prime Minister Indira Gandhi, India’s GDP was the lowest of around 3%. But, after that there was no looking back. Today, the world reckons and eyes the emerging markets which is adding more than 50% to the Global GDP Calculations and India is one of them. That means, the developed economies has realized the potential of these emerging markets, which has led to globalization. Rich in tradition and societal culture, India is not just an emerging economy but a well-balanced socio-economic hybrid.

In 1991, as India opened its gates to the world, the post era of liberalization has given India Inc., an upper curvature in all the graphs. There are strengths, which cannot be unnoticed and itself being researched and published by a lot of westerners and Indians themselves, but more or less suppressed to the world. This is what I call an Indian Edge. 

There are few points which gives rise to this Indian Edge.

1. India, has always been a country of savings before liberalization and even after liberalization, the Gross Domestic Savings (GDS) accounts to around 30-32% despite western impact on India. Moreover, this GDS is utilized for capital formation which accounts parallel to the same amount of percentage growth. That means, a normal Indian still saves and create capital for himself/herself.

2. The domestic demand of India has always been more and despite of its global outreach, Indians consume a lot locally. That means, we are becoming globally local and locally global simultaneously.

3. India has low government and household debts then most of the developed economies in the world. That means, we are not that much in debt than most of the European countries like Italy, Spain, Germany etc and Britain having the highest debt.

4. India, is the second most entrepreneurial nation in the world, with the highest number of youth (aged 25 – 35), we have presently the highest number of startups in the world. Mexico being the first, marginally ahead by 1%. The number of Entrepreneurs in India, is around 18% from the world.

5. The Service sector in India accounts to 66%, which means a lot of Industries today are driven by different service sectors, which means there is an increasing demand-supply ratio in India, which will make us the most economically sustained nation in the future.

6. With people investing a lot in Gold (which is taken as consumption by global economists), even a small middle-class family has invested in gold, which has seen a tremendous and consistent rise in the last 30 years. And India is far more ahead than any other country in the world. Most of the gold reserves in US is under federal reserves, but in India, 75% of the total gold utilization is among the normal household.

7. The remittances to India from Indians all around the world is more than 50%. That means, there are a lot of Indians staying abroad who has a need to send their money to their loved ones in India or just for capital formation with sole intention of living their second innings in their home nation. This adds to the economic growth of India.

These are just few points, which describes India as a re-emerging economy. With ‘Jugaad’ i.e the Indian way of doing things out-of-the-box, Indians have more skills of doing the same thing in different ways. This adds to the Indian edge. With a lot more social parameters, which Indians are indebted to, India is not just a land of cows anymore. Well, every nation has its pros and cons. While every world is chasing its realms, India is never going to be ignored in the process. And the world will stop running behind GDP and Inflation but Human Development Index and Gross National Happiness, which India has to focus on. Then we will see India like in 1700.

Money can’t buy you happiness, or can it?

Education: The Benefactor of all Conundrums


Swami Vivekananda (1863-1902), the Great Indian Spiritual Leader once said,

“The goal of mankind is knowledge, now this knowledge is inherent in man. No knowledge comes from outside; it is all inside. What we say a man “knows”, should, in strict psychological language, be what he “discovers” or “unveils”; what man “learns” is really what he discovers by taking a cover of his own soul, which is a mine of infinite knowledge”. 

India, as we know is always at the turmoil of its social, economical and political dealings of its society and the ruling government. We, debate, question and make our own country vulnerable by pointing out the deeds of souls at the center-stage. But, doing that do we actually know where we are and the change we are making to this very own society we belong to? Who cares? We like to debate and fortify the arguments. In our own simple day-to-day routines, we come across situations where our principles are often revived over a logical and definite reasons around it. Just like not everyone drinks cow’s milk, but yeah milk is milk and white. Often, we point out that there are few wrong people ruling our nation, but aren’t we the ones who elect them? And some who don’t even care to vote in the elections. Aren’t we corrupt over those small petty issues and bribe to get things done? And we talk about corruption of these political and business leaders. We as consumers are often ruled out by some or the other issue somewhere, and we don’t know how to deal with it and ultimately let it go off the haywire. The simple answer lies in that macro word “EDUCATION”. Do we actually know what true education is?

Today, the institutes all over the world are working on classroom model of education with their core fundamentals lies in the books. But, do this kind of education is making us a good citizen and carry off with the passion of what we always want to do. The answer of the masses is no. The current model of education is not flexible enough to locate people at the right place. The multinational companies like Infosys, Wipro, TCS, Accenture, Microsoft etc therefore have their own training models for their new employees. That means the current education system is not meeting the requirements of the industrial model. And hence, this step has been introduced. But again, this is one side of the story for the ones who afford to get a right education. What for the ones who never had a chance to educate themselves in these classrooms? Well, these people are the building blocks of any nation. With over a population of 1.2 Billion people, the current model of the education system is not serving all. But instead, its making the deprived more deprive and ultimately building up the consensus of the nation in making its leaders and disarming some. What is the right type of education model required? Well, there need not be any model but it should spread as a wave in the masses, that education lies in oneself and the flexible conventionalism will bring about a change in the society. No doubt, there are a lot of initiatives being taken by our Indian Government in the Education sector, but the model has to be revived and the true sense of Education should be let out to the students. Age is no bar. With that, it will solve all the major problems our society and definitely make a much stronger nation with literate and sensible people. It will be indeed the benefactor of all the conundrums, if emerged as a right tool in identifying the limits of the human potential, not through those academic books but imbibing practical and mandatory education to the masses which will lead to an educated society in true sense.

Here are few videos of Sir Ken Robinson, a well-known educator, as he talks about what should be the future of education. It’s a must watch. Humorous and effective.

Schools kills creativity

Revolution in Education