Precious Pearls of the Ocean

IIPM BEST B-SCHOOL
Food is another sector with humongous potential, considering only 2% of agri-food is processed in India. Estimated to reach Rs.1.35 trillion by 2015, the food arena is brimming with promise. Riding on the crest of the wave is ITC, whose brands Aashirvaad Atta & Sunfeast have shown phenomenal growth. Referring to ITC’s Sunfeast, a HSBC report brings forth, that “ITC has been able to create a brand with annual revenues of Rs.7 billion.” Truly, it’s no mean achievement.

HLL’s debacle in the foods segment is known to everyone. Rumours have been rife that the company wants to sell off its famed Annapurna brand and exit the foods business, gradually. Sanjiv Kakkar, Executive Director, Foods Business, HLL clarifies, “We believe that the foods business presents our company with an exciting, long-term and sustainable business growth opportunity.” He added, “Annapurna is a large and integral part of HLL’s foods portfolio and we are committed to accelerate the growth momentum of the brand.” Mahindra & Mahindra, Reliance, Bharti and Godrej are all drawing huge plans in food business. According to a CII & AC Nielsen ORG-MARG report, changes in tastes and lifestyles are leading to increased demand for packaged foods. Surely, palate is going to be the next pasture for India Inc.

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Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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Who says MPs delay work? They took only 24 hours to pass a bill allowing criminals to contest elections

IIPM BUSINESS & ECONOMY

After musing for a while in the mid-90s, one day, former president R. Venkata raman observed that many woes could be spared if people read their job descriptions. The ‘90s have passed, but not much has changed since for our dear MPs, who might make it to the Guinness record list for the amount of bills left pending by them.

The primary task of an MP is to make laws. That is, pass a bill, and everything else follows logically. But, this has subtly receded over the years. Particularly, since voters began to avoid giving parties brute majorities in elections. The need to cobble together coalitions of parties with varying priorities, may be now affecting the job of making laws. Routinely, politicians rise to defend turf in the most hallowed of portals, the Indian Parliament. Arguments dominate, not debate. By the end of a session, there’s never much progress. This time, as the monsoon session of Parliament convenes (on July 24, 2006), there is a whopping number of 55 pending bills, four times the number of bills passed in the previous session.

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Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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Yippee! Garcia’s elected... So what?

IIPM PUBLICATION

Alan Garcia must realise Peru’s 54% poor can’t live better just on his rants
For some time now, the United States has been so preoccupied with its war on terror that it hasn’t paid attention to the rise of anti-Americanism closer home in the Americas. But, though it did virtually nothing, the US has something to smile about in Peru. Alan Garcia returned as Peru’s President on June 5, 2006, defeating the strongly anti-US Ollanta Humala, who was backed by Venezuela’s Hugo Chavez. Garcia is moderately left -leaning and not expected to be critical of the US when Peru and the US are slated to act on their Free Trade Agreement(FTA) this year.

Garcia’s previous presidency between 1985 and 1990 was marked by hyperinflation and a bloody insurgency by guerrillas of the Shining Path, an ultra-left Marxist group. In his campaign this time, Garcia claimed he had learnt his lessons. “Do you think I want my tombstone to read, ‘He was so stupid that he made the same mistakes twice’?” he asked reporters. So Garcia promised free markets, the fallout of the policies initiated by his predecessor Alejandro Toledo. Garcia lost the 2001 election to Toledo, and says he is now looking to carefully globalise Peru’s economy.


This goes against what is advocated by Evo Morales in Bolivia and Chavez in Venezuela. After his victory, García told supporters in Lima, “The only person defeated today was Hugo Chávez. He thought he could dominate us, but we’ve ensured the independence of Peru.”

Of course, Garcia must realise that pointless balderdash comments will not be enough to improve Peru, which has close to 28,000,000 people, of whom 54% live below the poverty line. Peru’s external debt was $30.18 billion in June 2005. In Peru’s capital Lima, 8.7% have no jobs and the figure is spreading fast elsewhere in the country. Rather than continuing his rants, Garcia must get down to ensure that free markets don’t mean making the rich richer, but rather contribute to the bottom majority of destitute.

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Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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And now for Bono sapiens! : IIPM

BUSINESS MANAGEMENT INSTITUTE

Make love, not war... and then some more love!
It was one of the most satisfying moments of time-travelling – in the relatively inviolate verdancy of the glowing green forests of Congo on a bright evening in 1929, pitied the 21st century civilisation’s misplaced pride in its superficial prowess while it found little thought to spare for all that’s unadorned, and yet beautiful. Suddenly, shaking me out of my reverential reverie was a familiar shadow… It’s the Bonobo!

Known to man only as late as 1928, Bonobos are the pride of primates who lead an exemplar life that has for a motto “make love, not war.” More closely related to humans than they are to gorillas even, it is but an irony that man chose to go the way of the chimpanzees – thankfully with a dash of restraint – instead of close cousins, bonobos. The former, always homicidal, sometimes genocidal while the latter, Gandhian at best and a hippie at worst! Bonobos are sexual beings. Period. From hetero to metro, bi to tri, their encounters, both with the same and the opposite sex, serve as a way of bonding and peace… and all of life itself.

Highly compassionate and conscious beings, the Bonobo society can best be described as peaceful, egalitarian and matriarchal. But their benign bacchanalia seems to come to no defence, as the species are being ruthlessly ravaged, both for the bush meat trade and the pet market. These smitten simians are, however, worth a lot more for mankind, for if we are to give up the straitjacket of false morality and go the Bonobo way, perhaps we could actually realise Eden as it should always have been.

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Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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