Monday, March 30, 2009

Changing trend and opportunity for us to contribute for growth of India


Few days back, I saw Nandan Nilekani on "The Dailyshow" hosted by with John Stewart. You can see the video as well below. The show was about discussion on the book titled Imagining India by Nandan Nilekani. Being in Infosys for past five years, I know a lot about Nandan Nilekani. However, I would like to highlight some points from Nandan's discussion. Nandan says that getting the education right in India is going to be the key for next 20 years. There are many young people in the working age group in India, who can shape the future of India. At the same time there are many people, who are not getting the right education. There is one thing that makes me feel glad every time is that Nandan chose India as the place to grow in long term. They were seven enthusiastic persons with only $250.00 in hand and built a huge organization that represents the IT face of India today in many ways, if not all.

The Daily Show With Jon StewartM - Th 11p / 10c
Nandan Nilekani
comedycentral.com
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As a result of current slowdown in USA and the globe, many students are coming back to India. According to a recent report, about 100k students are expected to come back to India in next 3-5 years. Recently I read an article about Indian students saying no to American dream. The number of students willing to study in India or planning to settle in India is increasing. Recently I talked to one of my friends who has completed Masters in USA. He was of the opinion that USA is no more an attractive place for him in long term. I am sure that he phenomenon of reverse brain drain will bring benefits for India.

Even the Indians who have been in USA for many years for job, are now planning to come back to India. Actually some of them have already returned back to India and are in process of starting their own ventures in India. One of my colleagues at Minneapolis has spent fifteen years in USA and is now planning to settle in India, after seeing the current job situation in USA. He feels that he has been far from his roots in India for bright future, but in current times it does not seem to be right choice to stay away from family in India. Also, the demand for becoming OCI (Overseas Citizen of India) is increasing.

I feel that we all can make a difference. India has shown tremendous growth in past few years and it became possible because of effort from each one of us. Let's use our energy and talent to make this country the superpower. Each one of us can do a little to provide education to a poor child. We need to make sure that the next generation of India emerges with much better percentage of literacy and growth. Let's join our hands together.

I conducted a poll in my blog with question: "Do you think if given an opportunity, you would like to make positive impact for growth of India at grassroot level". Eighteen people responded and 94% of them said "Yes". I would like to thank all the respondents and mention here that I am working on some of the projects to benefit poor children in India for their education etc. If you want to help with your time, effort or financial assistance to make a difference, then I invite you to join me in growth of India. You can email me to take it further.

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Sunday, March 22, 2009

Leadership and "Corporate social responsibility"


We all witnessed recent Satyam episode, a never before fraud of it's kind in corporate world of India. Mr Raju showed everyone that greed for position or money can result in loss of millions for investors of any company. I see this unfortunate incident as an isolated one and not actually representing the whole corporate world. However, it is high time that companies in India and abroad realize their Corporate social responsibility.

I recently read a very nice article in National Stock Exchange of India newsletter, about implications of new SEBI Rule on promoter share pledging disclosure. The article is written by by Shankar AVSB, CEO of 7Avenues and Prakash Kumar, non-executive advisor for 7Avenues. The article explains the benefits of recent changes in regulations by SEBI and the interpretation of those for investors. New regulations by SEBI have started showing their effect in stock market, as many blue-chip stocks are seeing downward trend ever since their promoters disclosed their share pledge details.

There are not many companies that have been able to set example for Corporate Social responsibility. Infosys has stood by it's commitment to fair auditing process. It was great to hear from Infosys leadership that at Infosys, the bank statements go directly to the auditors of the company, which makes sure that the cash available with the company is the actual cash, rather than the inflated one as in case of Satyam.

While India needs leaders to become a superpower, we also need to make sure that ethics, strict auditing regulations and accountability of company's board members are given high importance. These are critical for protecting the future of the investors, employees and their families. We do not want people like Mr Raju who served as role model for almost everyone in Andhra Pradesh for many years and finally turned out to be a fraudster. In my view, true leader is the one who leads by example, along with ethical values in place.

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Saturday, March 7, 2009

Bowl for a child - At Minneapolis on 04-Apr


Vibha-MN is hosting its 5th Annual Bowling event ‘Bowl for a Child’, to be held at AMF Bowling Lanes, Brooklyn Park, MN on Saturday April 04, 2009.

The event proceedings will benefit the underprivileged children in India & USA, right from poverty to education and to health care. Come, join us to have fun and at the same time make a difference in the life of a child.

Vibha is a non-profit organization whose mission is to educate, empower and enable every individual who wishes to make a positive difference in the life of the underprivileged child. To this end, volunteers at Vibha have fundraisers in several action centers across the US and India. The funds are then directed towards grassroots organizations in India and the US which are selected after careful screening by volunteers. The main focus areas of the projects supported by Vibha are:
1. Education: With a belief that education is the key to unlocking the potential of children and for breaking the vicious cycle of poverty, about 50% of their resources go towards education.
2. Vocational Training
3. Physically and/or Mentally Challenged Children
4. Children in Vulnerable Conditions

The volunteers of Vibha’s Twin Cities chapter organize events, drives and campaigns in Twin Cities, Minnesota and create awareness about the cause, as well as raise much needed funds to support grassroots projects in India and US. “Bowl for a child” has attracted good participation in the past. The schedule for this year’s Vibha “Bowl for a Child” is below.

When: April 04, 2009
Where: Earle Brown Lanes (AMF Bowling Center)
6440 James Circle North, Brooklyn Center, MN 55430
Timing: 2-5 PM & 6-9 PM
Tickets: $25 (advance); $20 (advance-students);
Group discount: Buy 5 tickets and get 1 ticket free*.
(*applicable only for 2 pm to 5 pm slot till March 25, 2009)
Tickets are limited, so hurry and reserve your spot!

For tickets and more information regarding the event, please visit: Bowl for a Child - 2009, or you can email me.

If for some reason you are unable to make it to our event this year, you may choose to contribute by making a tax-deductible contribution at donation link for Vibha. Remember, your small contribution can make a difference in life of an underprivileged child.
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Monday, March 2, 2009

Let's make positive difference in life of at least one child



By now each one of us knows about Slumdog Millionaire. This is the movie that won eight Oscars in a row few days back. While this movie has glorified Indian talent in different areas of cinema, there are some important aspects of it, which we should not miss as a responsible citizen of India.

This movie has presented true picture of human trafficking in front of us. Though this movie has been filmed in India, human trafficking is actually a problem across the globe and that too in mass. Now next question that comes is, why it happens. Human trafficking has been going on for many years. Poverty and illiteracy are two of the major reasons for this. I came across an article some time ago, which said that child development schemes by Government of India have actually done very little. Fact is that the number of children unable to have minimum food (dal-roti) is increasing every year. On the same lines, it is shocking to know that Preeti Mukherjee, the winner of Oscar at same Kodak Theatre in Los Angeles four years back, is a sex worker today. List does not end here.

What can we do to stop this? While one person can not change everything, it is each one of us who needs to do a little at least. If we contribute in some way for providing basic education and food for poor children, then it will certainly save some children, from falling into trap of human trafficking. As a human being and responsible citizen, we should contribute for this noble cause. In case we are not able to contribute our time for this, at a minimum we should support projects for education and food of poor children. I am listing two of the forums here for contribution (I have been associated with these organizations).
(1) Vibha - This was founded in year 1991 and provides a platform for individuals who want to make a positive difference in the lives of the millions of underprivileged children in India. I have been volunteer for Vibha's Minneapolis Action Center for past few months.
(2) Kartavya - An effort of my college students in India to teach poor children. These children need support for getting admitted in schools after few years of education by college students.

Let's each one of do a little to make a positive difference.

Thanks for dropping by. Your comments are source of encouragement for me. I will be glad to hear from you.
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