
Total Pageviews
Monday, June 21, 2010
Sunday, June 13, 2010
The Administration of Politics
"The democratic method is that institutional arrangement for arriving at political decisions which realizes the common good by making the people itself decide issues, through the election of individuals, who are to assemble in order to carry out its will." But as Joseph Schumpeter puts it, “The democratic method is that institutional arrangement for arriving at political decisions in which individuals acquire the power to decide by means of a competitive struggle for the people's vote”
Politics is a fine act of juggling, not necessarily between the good of the people and the law of the land, but more often between vested self-interest and the vested self-interest. Although, it might seem that it essentially is a simple task, no one would know better than the politicians and those who carry their orders. Policies are framed, crores are sanctioned in grants and wavers, schemes are drawn, files are made, all this to achieve the common good of the common man. Various forces play on the mind of the politician when decisions are taken. The Political class achieves its objectives by surreptitiously ‘ordering’ the administration to do their bidding in the process to maintain a clean image.
But is it that easy for a politician to make decisions? Wouldn’t the tribulations that plague the society be relegated to unknown territory, decades ago, if these policies indeed worked? And does merely having an efficient administration suffice in the intense job of managing an entire nation? Politics and Administration go a long way in satisfying the “people’s” wishes. But does every wish of the common man get fulfilled? If Nokia were to produce mobiles which would never have any technical problems, would you have gone back to Nokia, ever? A similar logic applies to Politics. Politics is the art of getting people to depend on you, rather than teaching them how to fish.
Political compulsions frequently force administrative decisions which might not be good in the long run, but ‘appear’ good in the short run. Take for example, the Singur plant. Fighting for the rights of the farmers, Mamata Banerjee, forced the Tatas out of Bengal. The administration of that state couldn’t do much, but the Political class of Gujarat rolled out a red carpet for the Tatas. To take a look at the compulsions, we have the farmers’ ‘apparent’ interest on one hand, and the progressive industrialization of the state to create more jobs on the other. The ‘Ma, Maati, Maanush’ cry of the Bengal Tigress, has today lead her to thumping victories in the local elections. But then, could the administration have done anything to stop her? Was it a calculated risk or a farcical silence? It was nothing short of vote-bank politics though.
These are local issues. Similarly, there is the diplomatic tightrope to be managed. At any given point of time, there have been atleast two states or two nations at loggerheads. So when there are two parties a politician needs to please, he would delay taking any decisions and ensure that his popularity isn’t affected on either side of the fence. Take the Canadian Visa row for example – India did not criticize the Canadian authorities and merely expressed a meek displeasure and ‘gave time’ to the Canadian’s to ‘correct’ their stance. For the record, India is to conclude a civil nuclear energy deal with the Canadian’s this year, not to forget the trade balance has been in India's favour ever since 1993. India's total exports to Canada were Rs 3507 crore in 2003 whereas imports amounted to Rs 3336 crore. A curt reply from the foreign secretary would have had far reaching consequences and thus the foreign office feigned initial ignorance.
But why give so much importance to the people or the diplomatic relations? As Joseph Schumpeter describes a politician, “What businessmen do not understand is that exactly as they are dealing in oil so I am dealing in votes.” As mentioned earlier, it is about making decisions which have a profound positive effect on oneself. And why would the executive deny helping the corrupt politicians, if they can fill their own pockets too? According to a Forbes report, in Bihar, more than 80% of the subsidized food aid to poor is stolen by corrupt officials. But this is corruption, just one of the facets of politics and administration.
To exist in politics is a profession in itself. So when you are in power, you need to quickly make your bucks, unless you are 100% sure, you will be back in the seat of power even after five years. Commercially, it does not seem to be wrong. Profit is what should motivate you and it well is. But then are your social responsibilities not of any importance? And should you not be responsible for the amount in salary that the government pays you?
But we do have success stories. Incidences wherein the Political class have formed an intrinsic mechanism with the administrative wing, to rise up to all possible challenges the nation might face, the country coming first and last always, in Swami Vivekananda’s words. We have empirical evidence that when personal goals are subservient to the nation’s pride, there is efficiency and an effective administration, not only of the policies, but also of the future of the nation. We have examples in the nations such as Norway, Switzerland, etc, where even the politicians lead an honest life, quite unbelievable but true. What we need is mass awareness, not only of our rights, but also how to use them. We need to evolve a system of good governance and accountability. As Ruth Grant puts it, “Ingenuity in devising effective mechanisms, and the ability to synchronize their operation, will be more important for controlling abuses of power than a single-minded and mechanical application of the ideals of democracy.” Our objective should be to produce and sustain various kind of accountability systems based on a positive reception of the conflicting and complementary possibilities within the democratic structure.
Monday, March 29, 2010
My 2nd Article in Education Times - this time on CPT
SUBJECT SMART
WITH THE COMMON PROFICIENCY TEST (CPT) ONLY A FEW WEEKS AWAY, ASPIRING CHARTERED ACCOUNTANTS ACROSS THE COUNTRY ARE BUSY WITH FRANTIC PREPARATIONS. SATSHEEL REDKAR, ALL-INDIA TOPPER, CPT-2007, SHARES SUBJECT-WISE TIPS ON HOW TO ACE THE EXAM
Entering the final few weeks, the last lap, and the foremost lunge towards the CPT? You have prepared for months, all through your Class 12 exams and devoted a lot of time, effort and patience. But what can you do to give your preparations the perfect finishing touch? What does it take to ensure that your name features in that elite list of merit rankers?
The Common Proficiency Test, or the CPT as it is more popularly known, is the entry level ie lowest/first level at which a student can start pursuing the Chartered Accountancy course. Till a few months ago, one could begin their Articleship training right after clearing CPT, however the rules have changed and now one also needs to clear the Integrated Professional Competence Course (IPCC) after clearing CPT to begin the Articleship training. The revamped format should put less pressure on students, as now the fate of which firm they train with does not wholly rest upon the CPT scores.
Nonetheless, it is imperative to put in your best in CPT and to begin with, you need to first assess yourself and understand where you stand. Only once you realise how prepared you truly are, will you be able to move ahead in the right direction. The CPT is made up of four distinct subjects divided into two sessions.
SESSION – I
(Two Sections– Two hours – 100 Marks)
Section A: Fundamentals of Accounting (60 Marks)
Section B: Mercantile Laws (40 Marks)
SESSION – II
(Two Sections– Two hours – 100 Marks)
Section C: General Economics (50 Marks)
Section D: Quantitative Aptitude (50 Marks)
The current guidelines of the Institute of Chartered Accountants, India (ICAI), the statutory body that conducts and regulates the CPT, say, A candidate shall ordinarily be declared to have passed the test if he obtains a minimum of 50 per cent marks, subject to the principle of negative marking, in a manner as may be specified by the council from time to time. In its current format, the negative mark-ing is 25 percent or one-fourth of a grade.
‘SUBJECT’IVE SMARTNESS
1. Fundamentals of Accounting
The ICAI certainly lays more emphasis on this subject as is evident from the marks weightage. Since this is the base of your CA career, you are expected to be strong with the fundamentals. The basic concepts should be studied thoroughly and one should pay more attention to theory, as previous years have seen more weightage being given to theory questions. Manish Modi, a practising CA who teaches accountancy at Pinnacle Education advises, “Students must concentrate on mastering the theoretical questions that can be asked from various aspects of the syllabus.”
Since long questions cannot be asked for one mark, CPT usually has a. One long problem and four-five small
questions based thereupon b. Small questions for one mark each Hence one definitely cannot leave the lengthy questions while studying as that means risking four or five marks at one go.
Apart from the theory questions, areas that could be focussed upon include calculating depreciation via various methods, computing discount/ interest on bills, consignment and joint venture problems, goodwill, and others.
2. Mercantile Laws
Assuming the CPT to be the first time that many students study law, the syllabus covers basic and structural laws. Beginning with the Indian Contract Act, 1872 (Sections 1 to 75); the Sales of Goods Act, 1930 and the Partnership Act, 1932 are included herein. Keshav Thakkar, who secured the fourth rank in CPT-2008, explains, “There are three acts of which, The Contract Act is undoubtedly the most important and complex. Case studies/ illustrations for the provisions are a nice way of understanding the relevant laws. It is best to clear out all of one’s doubts and leave no ambiguity before the paper.”
Dhawal Vora, who had missed the All-India merit of the CPT (August 2007) by merely two marks adds, “Be clear with similar sounding concepts in order to avoid confusion during the exam. The ICAI is known to test you on such concepts.”
3. General Economics
General Economics is made up of two parts – Micro and Macro.
In Macro-economics, expect around four-five questions on statistics. Also, there have always been a few general knowledge questions in relation to economics. So, it would do a student well to start reading the newspapers. While seeming trivial, these marks prove useful in turning average/ good marks into a merit rank-deserving result. Vora, now a final year CA student, from his own experience shares, “It is essential to have a good grip on economics so that you can complete the 50 questions quickly. This will leave you with ample time for Quantitative Aptitude. Prepare yourself to wrap up economics in not more than 20 minutes.” He says he finished economics in only eight minutes but was still just barely able to finish Quantitative Aptitude.
Another important piece of advice from Mahesh Deshpande, General Economics teacher at
4.Quantitative
Aptitude
On Quantitative Aptitude, Sudhir Kamath, who teaches Mathematics at
While the module covers many things, it is just enough to perhaps score average marks. To do better than most, you will also have to put in more effort than is expected of most. Try reading from other sources on certain topics. This applies especially for statistics and particularly the last chapters.
Hrishikesh Samant, Rank 3, CPT (August 2007 ), has a few suggestions for students studying Quantitative Aptitude, “Write down all mathematics and statistics formulae in a book and do repetitive reading. Also get comfortable with using the calculator. It proves a boon in an exam alongwith learning the shortcuts. If you have the time, then practise from other books. Do not forget to time yourself in such a manner that while solving, one problem does not take more than a minute and a half or two at the maximum. This will help you conserve time for the tough questions.”
When one sees the CPT as a whole, one comes across four subjects at a time. Here is where management tactics come into play. So how does one balance time amongst the four subjects?
Again, Samant offers some very important tips.
a. In economics, undertake rapid reading (as many number of times as possible) so that you can make out the correct statistics out of the four options that are given in the MCQs.
b. For accounts, focus on Schedule VI disclosures and scan through Basic Accounting Standards (Chapters 1, 2, 6, 9, and 10) apart from Basic Accounting Conventions and Assumptions.
c. When looking at Quantitative Aptitude, preferably revise only formulae and try solving papers.
d. Review all the important provisions and check if you can recollect its content and a related case/ example when revising law.
In addition to the above Thakkar advises to solve the model question papers provided by ICAI to gain sufficient practice. He says, “Law and statistics are the subjects to focus on in case you want to cross 160. Statistics carry a very high weightage in the 50 marks paper.”
Some general suggestions to keep in mind:
1. Since it is a multiple choice questions-based exam, one need not mug up everything. A general idea on most things will help in answering correctly as after seeing the options it becomes relatively conveni ent to recall the right answer.
2. If the ICAI persists with the 25 percent negative score, the probability is that of every four questions that you answer, one might be correct. Thus, the equation becomes +1 - 0.25*3 = +0.25. On the other hand, if you don’t answer any of the four questions, you straight away lose those four marks. But then, do your own math and this certainly does not mean that you fake anything!
3. If you have started studying only now, start with the basics of accounts and economics and become thorough with it. Study micro-economics first and then head over to macro. In Quantitative Aptitude, practice the statistics part well in addition to probability and permuta tions and combinations. Studying the initial parts of The Partnership and The Contract Act would do you well too.
4. As Thakkar says, “The study material is the primary basis on which the papers are set. Studying from other books should be in addition to and not instead of it”.
5. And finally, get off the internet and concentrate hard on your studies. This one month of hard work will ensure better returns later in your life. Good luck, follow the given tips, and do well!
Sunday, March 28, 2010
Tele Tales - My CEB Lead EducationTimes Article
TELE TALES
DID SOMEONE SAY ‘SMALL SCREEN’? THE ERSTWHILE POORER COUSIN OF MOVIEDOM HAS GOTTEN LARGER THAN LIFE, AND IS IN A LEAGUE OF ITS OWN. SATSHEEL REDKAR AND MILI SEMLANI PRESENT DETAILS ON THE OPTIONS AVAILABLE TO TV WANNABES
Lights, camera, action! These words might conjure images of Bollywood glamour and song and dance routines, but as with everything else in the entertainment business, times are achanging, and the focus of a large part of India’s acting talent, has switched to the booming television industry. Saonjivkumar Pahwa, Co-Producer of Baabarr, explains, “Many people are intent on being seen on, or working for the big screen, and are willing to work for less money. As a result, character/ junior artists are paid less in movies than they would be paid for working in television shows.” This is one of the factors that has made the television industry very popular with professionals. According to a FICCI-KPMG survey, the television industry is projected to grow
at a rate of 14.5 per cent over the next four to five years, attaining the Rs 473 billion mark. No longer the big screen’s poorer cousin, the television industry in India (the third largest television market in the world), has witnessed the launch of a slew of new channels in recent years. Whether it’s daily soaps, comedies or reality shows, musical programmes or quiz shows, there are a host of opportunities for aspirants in the television business today.
SURFING CHANNELS
While film may be a competitive, difficult medium to start with, the sheer number of television shows and channels ensure many aspiring actors get a break, and perhaps, later move on the big screen. Besides acting, opportunities in the television industry include direction, cinematography, editing, script and screenplay writing.
PRODUCERS: The television industry offers aspirants with an interest in production, an open platform to step up and prove themselves. After completing a TV production course, students can start their careers as independent producers or executive producers. There is also the option of working with a producer as his assistant. A television producer’s responsibilities begin with making certain everyone makes it to the set on time, to ensuring all production activities proceed smoothly until the end of the post-production stage, when the show is ready to be screened. Pahwa agrees, “A producer has to do everything, right from conceptualising the show, to acquiring finance, and project and time slots from the channel, to making arrangements for food and lights. But he has to start with enlisting the services of a director and writer.” There are innumerable TV channels in India that offer jobs to students trained in the field. You can join a TV channel that is of interest to you, or opt to work for a specific programme.
Actors: If you intend to act on TV, you might need to brace yourself for hectic schedules, with shooting continuing even until the last minute for daily soaps. Tanvi Hegde, who plays the protagonist in Son Pari, offers, “Talent and passion coupled with formal education and a sound knowledge of technical know how paves the way to success in this industry.” Even so, acting is a tough profession, so be prepared to struggle initially, when you queue up for one audition after another.
As Gautami Kapoor, popular television actress reveals, “It is a myth that television is a lucrative field. The struggle period is too long, while success can be short lived. Your initial remuneration can be as meagre as Rs 1000 to Rs 2000 per day. The field is extremely competitive and uncertain, and people in the industry follow the mantra, ‘out of sight is out of mind’.” She also stresses that long, incessant working hours leave little or no time for a personal or social life. The working conditions can be strenuous, and with no fixed job hours, television can be a very challenging work atmosphere. Junior artists get an even worse deal. They might need to report to the set at 7
am, when all they have is a five-minute role at 7 pm. Chitralee Chogle, a college student in Mumbai, is an aspiring artist who has acted in a few television serials, and also worked as an assistant director for one. She suggests, “Actors with talent will definitely make a mark, but you need to remember to work hard and be flexible about matters, keeping yourself ready to take up new challenges at all times.” Directors: A director brings ideas to life. Whether it’s decisions related to set designs, costumes, auditions, or other creative aspects of television shows, a director must be adept at all these tasks. However, to be a director, one must possess the requisite skills and be passionate about creating something. Janardhan Bhende, who began as an apprentice cameraman, and has steadily risen to the profile of a reality show producer for a dance show, explains, “Though there are a few aspirants who are genuinely talented, and these often find success, there are many others who do not possess that talent and come to reality shows, attracted by their scope for stardom.”
Cameramen: Cameramen or cinematographers are responsible for capturing scenes on camera. They need a certain degree of imagination in order to visualise frames and shooting angles. Sebastian Anthony, assistant cinematographer for movies like Kabhi Khushi Kabhi Gham and Aks, and now, an independent Director of Photography, offers, “As a part of the system, and not the system in itself, a cameraman should only advise or lend support to his director. Initially, one would need to assist a professional cameraman on the sets to learn the tricks of the trade.”
K U Mohanan, Director of Photography for films such as Don and Aaja Nachle, believes that without professional training, a cinematographer will not be able to handle equipment. He says, “Earlier, most aspirants pursued training at FTII, but many more institutes have come up as of late. With respect to skills, handling the equipment and camera are foremost. Also, playing with the light and postproduction work, such as digital analysis, Photoshop, etc, play a very important role in making you a better cameraman.” Editors: Editors decide what stays in the final cut, and what gets canned. An editor needs to rely on his own resources - good judgement, creativity and observation skills. Omkar Patki, an editor, who has worked with leading production houses, shares, “Editing is easy, rewarding and creatively satisfying, provided your concepts and skills are in sync with the script.”
Both editing and camera work are very technical fields, and it is best that anyone aspiring to pursue a career in these areas comes armed with a degree in the subject. Most film and TV institutes have cinematography and editing courses available.
The television industry has more opportunities to offer, including scriptwriter, storyboarding artist, pre-production/ line manager (dealing with budgets, scheduling, location, etc), artist co-ordinator, studio director, studio floor manager, soundman, production assistant, lighting man, console operator, online/ offline editor, visual effects artist (for opening sequences, VFX in shows, etc), music director, props manager and many more.
PICK YOUR PLATFORM
Aspirants can opt to work with production houses, TV stations, product design and R&D companies, the Internet, broadcast companies, companies that set up TV studios and stations, and need the technical expertise, or animation studios working for TV shows.
MOOLAH MATTERS
The television industry certainly does not send you home empty handed. The pay/ wages are earned daily, and not monthly. To begin with, if you are an actor/ actress playing a small character role, your pay starts from Rs 1000 and goes up to Rs 3000 per day. As you progress in your career, and your character is shaped into a long-term character, you start earning Rs 3000 to Rs 5000 a day. Cameo roles for better-known actors can fetch about the same amount. However, once the audience starts to recognise you, and begins appreciating your role, your daily income may go up to between Rs 5000 and Rs 1,50,000. That’s not the end of it. Once you establish
yourself and can command your time, you can adjust two to three assignments in a single day, which means you can earn in the range of Rs 4,50,000 in one day.
For directors, the pay structure is entirely different. A director may earn a salary, some minimum guarantee, or may even engage in profit sharing. Sometimes, a well-known director can be paid simply for lending his name.
Although television is one of the most lucrative industries, the instant fame and accolades that follow are remarkable as well. For most people, television brings lasting reognition and a place in the hearts and minds of millions of viewers. INSTITUTE INDICATOR
Film and Television Institute of India, Pune (www.ftiindia.com) Satyajit Ray Film and Television Institute of India (srfti.gov.in) Asian Academy of Film and Television (www.aaft.com) Mass Communication Research Centre at Jamia Millia Islamia (www.ajkmcrc.org) Xavier’s Institute of Communications (www.xaviercomm.org) Symbiosis Institute of Mass Communication (www.simc.edu)


A total cricket freak, I love hanging out with friends and family, and enjoy watching Bollywood movies. I have learnt that going after what you believe in is the key to success.

Sometimes crazy, sometimes wise. At times, juvenile, and at times, unbelievably kind. I am a dreamer and a doer. A true Mumbaikar, who lives life by the Hakuna Matata policy. Books, literature and movies are a passion.
Saturday, March 13, 2010
Korbo Lorbo Jeetbo Re

Running past flickering crowds wandering aimlessly outside the stadium, we finally reached Gate 2, in the hands of the security. Ajinkya was as usual getting hyper restless. I Amar and Kunal cared more for our throats than the 2 minutes of the inaugurals. So we filled our hands with 5 cans of soft drinks and rushed up the stands. The Captains it seems had returned from the stage and currently they were preparing for the next performance. Our seats were not what one would envy us for. But then that didn't matter at all... Finally we settled ourselves and began texting/calling the entire world that we were at the IPL! How typical! The performances were lukewarm considering the scale at which the event was taking place. But hell... I got to see ABBA perform , L-I-V-E! Beat that! The others were a shade of what their fame speaks about them. Deepika was hardly visible from where we sat but the crowd seemed to be ignorant of this fact as they cooed at her steps. The other performances came and went by, making me quite impatient for the start of the match. The teams made their presence on the field at around 8 p.m. and began practising. Why couldn't they practice before, unnecessarily wasting time now. The captains walked in with Ravi Shastri and the Match officials for the much awaited toss. Gilli won the toss and the Deccan Chargers chose to field. Before the match began, I was quite unbiased when it came to supporting either teams. Who cared if Kolkata won or Hyderabad? Was playing? Then why take borrowed tension? The toss took place even as the other players were busy practising. I didn't get who won but KKR were certainly batting first. The ground was cleared and the players assembled to take their positions.
suddenly a voice spoke, much like Dumbledore, asking the captains and the referee w

Ajinkya had other plans as usual and I feel he certainly has the leadership instincts. He went to the next level to look out for better seats. He came back to call us and we nervously vacated our seats.
The view from the second level was more spectacular but the guards didn't allow me and Amar to enter and asked for our tickets. I like an obedient chap gave him and was directed to my original place. Kunal and the others managed to sneak in though. We went downstairs with a dejected face. But we weren't going to accept defeat yet. I suggested that we try going to the upper level from another entrance. Alas! The guard here too was vigilant and asked me for my ticket. Maybe he wasn't wearing specs as he coolly allowed us to enter and make ourselves comfortable. The match wasn't helping to make our situation entertaining. It was simply drudging along.
Although, Amar was very happy KKR was losing, I was more worried about the match getting over soon and we not getting our Paisa vasool! The match progressed and KKR got a useful partnership to post a 161er for Dc to win! Meanwhile we had managed to shift ourselves to where the others were located. The match looked livelier from there. The crowd was better and more engrossed, with people having their loyalties set. In front of us was a group of 6-7 guys. What caught my attention was the fact that one of them was constantly eating. And eating not only what was in his hands but also from everyone else's stuff. I found that very funny. Anyways the break went by and the second half resumed. The match got interesting with a few not so early wickets. The crowd caught the electric atmosphere and was charged enough to generate a few Mexican waves. There were a few feeble attempts by a guy straight down in front of us. He was by far the most enthusiastic. Shouting, egging others to shout, dance, dancing himself, drinking, telling the people from adjacent stands to respond to his Mexican wave calls... Rising with the crowd for the waves was an enchanting experience in itself. Amar wasn't enjoying the proceedings though. He was aghast with DC losing wickets after wickets and KKR tightening the noose. Quite a few celebs had turned up to cheer for KKR such as Arjun Rampal, Dino Morea, Juhi Chawla, et al.
The crowd was also enjoying the visible pleasures of the so-called 'cheer' leaders. They se

The people in front of me has already started fighting for every Six or every Wicket! They were visibly divided into 2 camps - one for the Bongs and the other for the Nizams! Swearwords were simply pouring from both ends. The match was nearing its end and it was getting tenser. Every ball counted and every run mattered. Majority of the crowd seemed to support KKR, courtesy SRK. Finally KKR won, not by bowling the other side but by exhausting the quota of 20 overs.
It was a perfect ending the beginning of season 3 with a last over finish! KKR had finally won their first match.
All I could say was,
The Bongs have it, The Bongs have it, The Bongs have it !!!