Wednesday, May 13, 2009

SIMILARITY BETWEEN UP AND KARNATAKA

Whats the similarity between Taj Corridor, Ganga Expressway and the latest addition the 1,100 crore rupees hydel power project in karnataka??

All of them were initiated without the statutory environmental clearances!!

While, the fate of the first two (read: scam ridden) lies in a state of suspended animation...i mean confided within the four walls of the judiciary..i hope this Karnataka state govt initiative doesn't meet the illustrious fate of Taj and Ganga projects.

State govt officials (read ministers!) are hopeful that the project will soon be cleared by the environment ministry, which means "money" taken neednt be returned while more are on the way.

Infrastructure has and will be the cash cow for most ruling parties. While, i do understand the need of money to run a party...i fail to understand why earn in a dubious or controversial way, which gives the opposition a chance to point fingers or at worst call strikes and bandhs.

Karnataka, a mineral richdeposit state (iron ore, gold..), IT, real estate..am sure there are plenty of opportunities of this BJP-led govt to earn some cash.

Anyway, some key stats on the power project. Hope, the project fructifies to bring some respite during the scorching Feb-April period of namma bengalurus..am i saying that seven-eight hours of power cut during peak hours will be a thing of the past?? Lets see!!

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VITAL STATS
*** The first-phase of the 1,100 crore rupeees hydel power project in Gundia (Karnataka) was kickstarted yesterday (Saturday) by the state's chief minister B S Yeddyurappa.

*** the project is yet to be cleared by the environment ministry as it is still weighing the cons of the environmental impact.

*** The Gundia unit under the ageis of Karnataka Power Corporation Ltd (KPCL) will produce 613 million units of power yearly and is expected to be commissioned by 2013-14 financial year.

*** environmental ministry losing sleep over the project's impact on the already fragile eco-system of the Western ghats. AS:

**Villages to be affected: 12
**Land losers: 160 families
**Submersion area: 708 hectares
**Land acquired/required: 974 hectares

R K Laxman probably is correct! But, hopefully the project doesnt meet a similar fate.

Tuesday, May 5, 2009

IDEAS OF ECONOMIC FORECAST

And, this is one of my best read in recent times!!! A manual by an ex-colleague of mine for all budding economists!! Kudos to Goldman Sachs and their likes

Fake experts, Faulty Forecasts

Will leave the comments for your take...ENJOY!!

Saturday, May 2, 2009

ALL NOT CRICKET

Mr.FAKE IPL PLAYER has thrown up very interesting revelations...Cricketers of all hue and cry are enjoying the warmthness of South African petites!!! Not that it was a secret but information which was confided within the realms of the cricketing fraternity including the ubiquitous journalists!!

From Little John to Little Monster...from Mangal Pandey to Lordie...Bijlani to Roy...Nagma to Padukone...the list goes on and adds up too!!

What is it that makes this combo so potent...so hot??? Power!!! Or is it success??? Or is it a combo of glamour, power and the "need to arrive" that makes the bees swarm to mate!! What makes Lordie to marry a certain Bollywood star only to negate it...or a former Indian captain to fall in the laps of a certain Khan-ex??

What makes them put their hard-earned careers at stake...a career, which not only boasts of a short-shelf life but where people are waiting to usurp at the slightest possible opportunity!!

What makes a certain Mrs Sen -- and mother of two offspring -- to spend within the confines of Mr. Khan’s room??? Or a soap opera to derive a legacy from Mr. Jamaican calypso??

Is this what astrology defines as the conjunction of VENUS and MARS...Beauty in the realms of power or is it "power & success" hunting for devineness..or it that the "pressures of pull" are from all and sundry???

Can I explain this as a manifestation of success!! Recognition a by-product or rather a knock-on effect of success?? Isn’t Recognition is what drives people to "Citius, Altius, Fortius!!! From Ronaldo to Mr.Clinton to the mundane Auto driver..isn't that what drives people to excel..the need or the urgency to be recognized by the society at large!!!

So, why this indiscretion??? Is it over-confidence or is it arrogance which leads successful men and women to philander?? While, am not the first and surely wont be the last to speculate on the cause and the effect...common sense in me tells that the "Achilles tendon" is the "Methodology of dealing with recognition"...a miss, a slip and you have hit the highway of the Road to Hell!!!

Recognition, a sub-set of success is a functional dynamic process...its fickle and sitting on the edge of a precipie..Be in it's empathy but if are in it's sympathy..there are chances that one might lose its foothold!! Did i hear somebody purring "Monroe"??? Or a-la-desi-Kambli???