Revolver-ution

This article was submitted for a competition at SIBM, Pune and as expected didn't win any award. I searched for the winning article, but didn't get the link. So, here it goes!!

I dream. I dream of a nation where the 73% of the rural population will have complete access to not just Facebook, Twitter and Youtube but also to food, clothing and shelter. If not for personal experience, the statement would have been just as bland as the rice water that these rural people consume for their only two meals of the day. I was on one of my biking trips in interior Orissa, burning the high-priced petrol for the sheer thrill of adventure, when I came across barrages of villages living without electricity. People were not ignorant anymore. Though the mobile revolution had reached them, there was no electricity. A basic question that arose was from where did they manage a source of electricity to charge these mobiles? They did, apparently, with car batteries! Sadly enough, they weren’t exposed to what the even Egyptian civilization was aware of – electricity. They survived with knowledge that a world of its own existed outside the periphery of their village and that, that world needs marijuana they produced - their only source of income. Blame the middlemen because ignorance is bliss – these people have no idea how much the green grass is sold for, to the sophisticated brown people, in the black market.

I dream. I dream of a day when I don’t need to fill up the caste/religion field on any application form. I want to be identified for the person that I am, than for where I come from. I want a reservation-free country where reservation is restricted to bus/train/airline/movie only. To make it happen in this country where it is easy to find a liquor shop, but difficult to find a school, the hypothesis will never hold true. With inter-caste/inter-religious marriages taking place at enormous rates like never before, we could envision a reservation-free country in the near future.

I dream. I dream of a free society – a society where education liberates the mind. A city is brimming with its engineers, yet questions about the quality of production always loom large. The terms educated and literate are confused, cramped and presented as one entity known as a responsible citizen. We have a lot of degree-giving colleges paying less heed to the subject of graduation. And only a handful of these colleges teach, inspire and make the students achieve in a profession that they choose to. With numbers demanding most importance, all the pseudo-educationalists want to reduce the demand-supply gap. But no one realises the underlying fact that a mere reduction is not what is needed. As the wake-up call has come late, the government is taking its time to react to the urge of educating its citizens better. The result: there has been a clamour of IITs and IIMs in the market. Without further dilution, things should get better once we focus on grass-root level primary education. The young generation of today has the responsibility of creating a better atmosphere for the next generation’s sustenance. The key to achieve this goal is through education. Although the educational reforms have been taking shape in modest speed only, it is, positively, the only hope that the country banks on for a better tomorrow.

I dream. I dream of a day when I don’t have to feel corrupt, as a citizen invading his own country. I am asked to pay a bribe to evade a ruthless punishment, for no mistake of mine. I am forced to be repressed in front of bureaucracy and accept that he is the master. My good candidate whom I vote for never wins. I am yelled at if I don’t break the traffic rules, I am rebuked, if I kiss my girl in public but those are the heroes who without a worry piss in public! I am caught in between two worlds – the world in which this is the country every businessman wants to make money in and the world in which this country is just a piece of land, with land being just a euphemism. When I invade my own country, why won’t the others? Taking cue from “Atlas Shrugged”, all the policy-makers think that there is no way to rule innocent people. The only power any government has is the power to take on the criminals. When there aren’t enough criminals, they make laws and policies to create new criminals. With our government “embracing” many a thing under Crime, it becomes impossible to live without breaking a few laws. And by breaking those laws, we become the newest members of the corrupt system. And that is how we invade our own country. We need policy changes – the root cause of all corrupt and not a bill to bring the corrupt to the court-of-law. Because once the corrupt are brought in to the court-of-law, they have their corrupt connections to be let out scot-free.

I dream. I dream of a day when I don’t have to feel the ire of regionalism in the country. A person from the South of the country is not treated as one’s next of kin in the North and vice-versa, while the East-West unity exists only as a global cultural phenomenon and not within the country. The phrase of Kashmir-to-Kanyakumari may no longer exist if enough attention is not given to the plight of the Kashmiris, the real sufferers in this tug of war. Arunachal Pradesh continues to remain a state of ambiguity to the rest of the country. We shouldn’t resent the fact that we cannot and did not do much about it, if and when the State slips out of our hands and becomes rightfully separate. The number of political parties outnumbers the stars on a clear night sky. And the major reason to it is the state and religion divide. Barring a few, every party follows the same ideology – Divide the countrymen and rule them. The architects of Indian Constitution might have borrowed key principles from the British, but what our politicians also inherited alongside the constitutional principles, is the “Divide and Rule” policy. Till date, our lack of unity alone has paved ways to numerous internal problems and external threats. Remember, our grandfathers fought for the country’s independence and won it because of their unity and the time has come for us to bring it back on display, even if it is as a payback for the mess that we ourselves have done to the country since then.

In the near future, I dream of a nation that will be free from the malaises and will be a united nation. Near future is all that we care for, based on which we forget the present. To whom have we left the responsibility of the present to be taken care of? To the ones who think that the present status will/should never change? If it has to change, they have to be changed and we will bring that change. This country has the largest number of youngster population in the world and young blood is boiling, listening to all the tantrums that they throw at us. I am one of them and I am that change. They hinder in my way of leading my life. They don’t give me what I deserve, but they take from me what they don’t deserve and what is rightfully mine. We caused a mini-revolution in the last six months. They have seen what happened in the Middle-East, what the youth is capable of and yet they turn a blind eye on us. We, the educated, the well-informed and well-connected youth are capable of changing the face of the nation – to bring about a Yuvalution to carry forward my life. Because, I care for this country and for its future.

Crickonomics

The Growth Story:

Year	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999
GDP Growth Rate	5.95	5.53	1.06	5.48	4.77	6.65	7.57	7.56	4.05	6.19	7.39

The table shows the Indian GDP Growth Rate, from the period just before liberalization till date. A decent growth rate of 5.95% slowly deteriorated to 1.06% in 1991. Economists strongly argue that the Indian government went bankrupt and there was no other option than to liberalize. Bring in foreign investments to avoid bankruptcy and fuel growth was the mantra that was followed. With the luckiest stars in place, the move worked wonders for the economy. From thereon, the Indian economy started to shape into a stable upward curve until the software services crisis happened in 2000. Growth was hit for a couple of years, but the economy recovered not only sooner, but a lot sturdier.  

Year	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010
GDP Growth Rate	4.03	5.22	3.77	8.37	8.28	9.32	9.27	9.82	4.93	9.1	9.72

With high growth during the period 2003-07, mainly powered by the software industry, there was a paradigm shift in the way the world looked at India. 2008 brought recession along with it, fueled by the US sub-prime crisis, but the Indian growth story remained robust. It did dip below 5%, but fared a lot better than many developed economies. A mighty recovery in 2009-10 and awaiting a double-dip in 2011, thanks to Eurozone crisis, has once again made the economists burn the midnight oil with their Excel sheets to find a way out.

The Sachin Growth Story:

Year	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999
Batting Average	35.8	41.4	19.5	41.9	91.4	70.0	29.0	41.5	62.5	80.8	68.0

The date was 15^th November 1989. Indian GDP was struggling to grow at 5.95%, when Test cap no. 187 took field. He played just six innings that year with a modest average of 35.83 runs. The next year, he hit his first hundred against England and, to tell you the truth, the whole of India was watching/reading him play. Everyone was talking about this wonder-kid Sachin Ramesh Tendulkar and since Indians were busy discussing cricket, our GDP growth rate slumped to 5.53%, the next year.

In 1992, his performance got better with an average of 42 and so did India’s GDP - it grew at 5.48%. 1993 became the first feared year for the Indian economy - Sachin showered his blessings on fans with an impeccable performance with the bat, scoring at 91.43 runs per innings. Indian fans were delighted. They stopped working plainly because they were happy and could only talk about Sachin. As expected, Indian GDP growth rate declined to 4.77%. The happy period continued to 1994, where the fans were, now, enjoying their work alongside Sachin’s scoring rate at 70 runs per innings. There were a few negative sentiments when he once got out at 96 against SL in Bangalore, but that was brushed aside. The new face of Indian cricket kept people happy and the economy grew at 6.65%.

It was 1995 when Sachin got married. Fans respected his privacy and the economy grew at 7.57% irrespective of his menial average of 29. The next year, Sachin came back to action to score at 42 runs per innings and the economy steadily grew at the same rate as the previous year. 1997 became the second feared year for the Indian economy – Sachin averaged 62 runs per innings and all Indians were caught guilty, watching him live on TV. Indian growth rate tumbled to 4%. The God of Cricket saw what was happening and offered a deal to his fans. He delivered at staggering 81 runs per innings in 1998 and the fans responded by working hard to push the growth rate to 6.2%. 1999 was even better, the economy got better to grow at 7.4%.

The year was 1991 when Sachin started to become a showstopper in the national fan-following arena. They watched him play, every ball of every test match and much to their dismay, he didn’t perform well. Indian fans were let down and devastated. They fell for the early show of brilliance and let their economy totter to grow at 1.06% that year. Economists said that the country went bankrupt and that is why they had to open the gates for privatization. But, huge expectations on Sachin and a paltry show by him with an average of 19.50 led to the economy debacle. Now you know how Sachin helped in liberalization of the Indian economy.

Year	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010
Batting Average	63.8	62.6	55.6	17.0	91.5	44.4	24.2	55.4	48.3	67.6	78.1

Cometh a new century, the fans went back on their words. Sachin delivered, yet the growth rate declined. The ups and downs disagreement continued for a while until 2003, when the fans lost interest in the game as Sachin’s average slumped to 17 for the year. Because of his under-performance, people stopped watching cricket and - would you believe it – Indian economy grew at 8.37%. For the first time, it had crossed 8% in the past 20 years. Sachin cherished this growth and he made his fans happy next year by scoring at 92 runs per innings, with almost three double hundreds.

The tussle went on for a while until 2008, when recession happened. Sachin’s inconsistent performance in the past few years left the fans upset and caused recession in the world. With back-to-back stellar performances which motivated the fans, Sachin helped the Indian economy grow above 9% in 2009 and 2010. However, the gloom around his 100^th century has caused huge uproar in Europe and America and talks of a double-dip have surfaced. For the betterment for the world economy, let alone Indian, the earlier the 100^th century comes, better are the chances to escape the double-dip.

Reports all around the world say that Indian economy will grow at unprecedented rate in the coming future. Their prediction could be right. Half of the Indian population will stop watching cricket and start working, once he retires.

My Green Top Story

Ever wondered what it feels like to play on a green top? The green top hailed all over the world as the toughest of the pitches to play on. There is no home advantage involved; just toss advantage. Win the toss and put the opposition in to bat. Bring in your fiery fast bowlers to swing the red cherry in ways that reminiscence the batsman their shameful failures of tendering their kindergarten swing. It is so magical a strip that, one hardly finds the difference between the pitch and the ground. It is almost like a park where the bowlers are playing “Ringa Ringa Roses” with the batsmen and “all (wickets) fall down”.

We have green tops in India too. Flabbergasted by the previous statement? These green tops are the ones that we play our school tournaments on. The green mat spread to three-fourths of the pitch and in which a leg spinner can garner better bounce than a medium-pacer. And how does it feel to take a wicket in the second ball of your career – out of the green top. For most part of my tennis-ball cricket career, I was a wicket-keeper; probably because I used to have good reflexes and also because I like to sledge a lot. But, when it was time to play with a red cherry, I always wanted to bowl. A part of the reason I took up bowling was because my former tennis-ball bowlers couldn’t control the seam and it was getting difficult for me to shield away from the bruises. But the main reason was, I wanted that rugged attention that a fast-bowler gets when he runs into bowl and the crowd goes “oooooooooo000000ooooooooooh”. Bowling with an upright seam and making the ball talk was what I had always wanted to do and imagined myself doing.

This incident dates back to 1999, when I took my run-up to bowl the first ball of my career. Bowling to a Right-handed batsman, I imagined myself to be Glenn McGrath and bowled on the goodlength-off stump line, pitching on the seam and the ball deviated a few degrees towards the slip cordon crossing the batsman by his chest. The batsman was as amazed as I was, tapped the green mat, where he found a one-rupee coin on which I had pitched the ball. Mid-on comes and encourages me. “It was a neat out-swinger” says the umpire. Impressed. First ball of your career and you caused panic in the dressing room.

Second ball. Pressure building up. I ran into bowl not knowing how I was holding the seam and where the shiny side was. I pitched on the same one-rupee coin, but this time the ball moved into the batsman. With my Karizma ZMR top-speed of 140kmph, he was struck plumb in front. The whole lot of us appealed “Howzzat???” and without a doubt, the umpire raised the finger that all batsmen dread. The crowd erupted in joy. Thus a Wicket-keeper turns a Bowler! And the prolific batsman couldn’t believe the amount of swing that I could muster. I became a two-ball hero because that was one wicket we all wanted desperately. I finish that over with great zeal and enthusiasm.

After the over, I stepped out of the rope to put my pads and gloves on, when Dravid asked to steam-in with another couple of overs on the green top to castle the New Zealand team before lunch. I obliged him, telling my captain Azharuddin about Dravid’s astute decision. Christchurch was one heck of a green top to bowl on and the NZ were all-out for a menial score. Harsha Bhogle termed me as the next superstar of Indian cricket and without an option Richie Benaud agreed to it. When I walked out of the field leading the team, I showed the crowd my test cap that I got from Sachin at the start of the match. It was an innings victory for us and the next week’s Sportstar carried my bowling action as the Starposter.

 All through our childhoods, we all dream, nothing wrong in it. But how many of us take that dream to the next level? I do. I still dream playing in Indian XI, especially when sitting in a lecture where I don’t understand anything about why the strategic potential of a cutting-edge throughput should satisfy the market demand!!

Naneghat Trip

This post appeared first on CoolAge in two parts. You can check it out at the following links:
http://www.coolage.in/2011/12/05/naneghat-trip-part-one/
http://www.coolage.in/2011/12/07/naneghat-trip-part-two/

The Iranian chai at Matunga with its unique flavour, sensation and aroma clicked active that part of the brain, which had been dormant for months. These months, they left us bewildered with Macroeconomics, Accounting, Supply Chain, et al. And we were still fighting within our own selves to find a way out. The decision to trek in the Western Ghats aroused the butterflies in the bellies and we set out to search for the lost cave atop a hill. The trek team consisted of Debashree, Kartik, Rajeev, Vaibhav and, yours truly, of course. We reached back our respective hostels at 0100 hours, 27th November 2011, 37 hours after our final exams. With cricket, South Bombay heroics and multi-cuisine luncheons, our systems pleaded for some sleep after a hectic exam schedule. But, the fire to explore more, kept us detached from hitting the sack as frequently as possible.

All of us, barring the vibrant Vaibhav, slept for 2 hours only, as we had planned to start at 0400 hours from our hostels to take the first train to Kalyan. Probably, the first time something was executed on time despite having a girl in the team. We reached Kalyan by 0530 hours bang on, and en route we were greeted by hot water disguised as chai in Dombivili station. We waited for the Shirdi bus to start and as the normal Indians that we are, three of us adjusted in the bus seat capacitated for two. Finally, when the bus did start at 0645 hours, we felt overwhelmingly blessed. The bus conductor was super-confident of where the foothills of Naneghat started which he said in his fluent Marathi that we decoded into Hindi and understood later, as his willingness to help us out. As luck would have it, we crossed the foothills of "Naneghat" at around 0800 hours, and had to ask the conductor to stop the bus. One can easily spot the difference between a super-confident man and an over-confident man; a super-confident man says he saw a time machine land here in this village; an over-confident man says that he made that time machine land in that village. Our conductor turned from a super-confident man to an over-confident man and didn't stop the bus and kept on reassuring us that the destination is further down the road. After half hour of further travel and still no signs of Naneghat, added along with some public venting of pressure, he sheepishly accepted that we have crossed the point. With no guts to throw swearing gaalis on a government employee in the middle of a Maratha village, we religiously got down and then hurled the E/C gaalis at him, after the bus left, of course.

Standing in the middle of the road, all that we could see was the Grand Canyon-structured, air-cut mountains of the Western Ghats. We were 15 km ahead of our starting point and we were told to wait for a truck or a jeep that will take us back to the trekking point. With some assistance from the local Police post, we boarded a truck that was going in our desired direction. Five of us in the small driver cabin, we were six in all, the driver included. With twisted necks and pressurized limbs, we reached our trek's starting point at 0930 hours. What should have been a cakewalk was achieved with some bum-paining efforts and it took us such a long time to reach the starting point. And what lay ahead was a search to reach the long-forgotten cave.

So, we reached the foothills of Naneghat. We started walking along the only available path and were met by a stream-bed. As rocky it can get, the Woodlands did come into the picture and was a major assistance in trekking. Google terms this trek as an "Easy" one, but as one would have it, we had to turn it the other way- "Difficult". We followed the bed of rocks and with each meter the slope was increasing by a good fraction of a degree. There were places where tan θ was put to shame while we were on our fours. And what amazed us the most was, each of us, wherever we saw, deciphered a path that could take us to the top. We did reach the top and when we did, it was only to discover that there was another, further higher. The slope was ever increasing and was indirectly proportional to the amount of water we were carrying.

We reached a second top and by that time, we were sure that we were off-track and by no means would we reach the cave. Taking inspiration from Columbus, we set to discover a new cave/peak/place. We set a target and promised ourselves that we will trek until 1230 pm. Peak after peak we went and finally we saw the biggest of the peaks. Life becomes a lot easier when we know where we have to reach, but it becomes a lot interesting when we realize that we will reach somewhere, no matter when and how. And so did we reach the peak, better than everything that we had come across and when one looks back at the trails, it's just amazing to feel that we have trekked so far.
It felt great to be there with complete silence around, listening just to oneself. To feel that, that was life – The higher you grow, the more careful you must be. Everyone down there look so tiny to you, but when you fall, the greater the impact will be and sometimes unlucky enough that no one cares to remember you, after the fall. Just when my mind was taking the philosophical route, I realized that the pug didn't stop following us, after all. Rajeev's phone rang and thanks to you Vodafone, we realized that the peak wasn't a virgin one. Vaibhav came up with an idea of shooting an ad for Vodafone and there, with our minimum equipment (a digicam), we shot the ad (which in under process now and will be released soon).

After half hour's rest, we started to descend down. And the terrain was absolutely magical. With a torn shoe grip, Vaibhav was on the casualty side at most times. Forests, jungle, tough roots, spider webs, creaking insects, rattles of snakes, barrage of slippery rocks surrounded us and the only hope to reach a place of human habitation was the traffic sounds from the South-East, towards which we were moving. Even the descend wasn't as easy as we had presumed to be. We owed that to the difficult path that we had voluntarily taken and were we glad that we did- We could reach ground zero in an hour! Out on the highway, as we waited for transportation, there came the dusty truck again. Hitchhiking on the truck, we made our journey to the nearest dhaba, to pacify our hunger growls. After a delicious meal, luckily enough, we managed to get an auto to a nearest town. After two consecutive jeep drives we reached Kalyan, from where we boarded the local train. It was 1900 hours when we reached our hostels. A strong coffee and a Saridon shot the headache that I was carrying along and it was 0800, the next day, when I opened my eyes again.

If..

We all dread one thing in life. Wish we could change it, but the least that we can expect is not to change our relationships, our lifestyles, our likes-dislikes and most importantly ourselves after the dreadful event. The scared truth is not thinking about what if you die and what will be life after that? On the contrary, the graver truth is what if your loved one dies and what will be life after that?

One certain thing is, that we all will die, one after the other. Who is next in line is the million dollar question! What amazes me more is why should we get close to someone, live with them, share happiness and sadness with them and finally see them die! Why do we put ourselves through those moments of happiness, when we know that we all are going to die one day? Is the juice worth the squeeze? The juice of sharing a life with a closed one and letting them die, while being helpless. Is it worth the pain that we experience afterwards? The pain of leading an uncertain life ahead and thinking that life would have been beautiful if only they didn’t leave us.

I would say yes and a sure yes. Those moments of closeness, care and joy are beyond the capacity that a single life can take. When the sheer absence can make you feel miserable, what would have happened if you hadn’t known that such a joy existed? The realms of change would have been impossible to handle and it is the mind that feels the way that you want it to feel. It’s very difficult to come out of pain and lead a life where the probability is certain that you will lose another loved one, sooner or later. But can you stop loving just because you know that even this loved one will cease to exist?

On the other hand, won’t it be wonderful if we take death by this collar and strangle it to death? Shall we live to live the only life that the Almighty blessed us with? To live it to the fullest and be ourselves, every moment of it. Even the closed one would expect the same from us. To live a life like you always wanted to live, because the last wish of anyone is that they should have lived a life that they would have wanted to!!

The man named Phillip Kotler

B-schools students across India, barring few hate one name in their first term. No prizes for guessing Phillip Kotler. An economist right from birth, he haunts the marketing minds of the nation with his “Ctrl+C – Ctrl+V” therapy. “Ctrl+C – Ctrl+V”, a patented technology by the engineers of the SWITCH companies (Satyam, Wipro, Infosys, TCS, CTS & HCL), has risen to the issue and has filed an IPR breach suit against His Excellency Mr. Kotler in Bombay High Court. Last week when Aal-Baal news interviewed an anonymous student from a premier B-school in Mumbai, he said that “I didn’t find any difference between the chapters ‘Creating Brand Equity’ and ‘Setting Product Strategy’. All His Excellency has done is, use the “Ctrl+C – Ctrl+V”. He has also gone on to use “Ctrl+H” for replacing the word “Brand” with “Product”.”

With more analyses coming in from all over India, an independent report that is on a viral on Facebook states that, His Excellency didn’t get shortlisted in one of the leading FMCG company G&P for a Marketing profile. A probe into the issue revealed that they rejected him because he carried an Economics profile and had applied to a marketing role. On conditions of anonymity, another management student from Mumbai exposed that “All the chapters of his book states only one thing – Customer. When he preaches the concept that “Customer is the king”, which is widely known and is nothing but common sense, why doesn’t he deliver a right product to his own customers, that is us? He writes a book that is read by everyone, but none understand the content.”

A pass-out from the same School of Management said that he didn’t know how he coped up with the book which haunted him in his dreams. “I used to see His Excellency in my dreams and always got confused if I was the customer or the marketer. Give me one chapter; I can roll out 25 chapters from that.” With such high-yielding challenges, will His Excellency Phillip Kotler understand the strategic repositioning that his book needs to undergo? Will he advertise or promote the book after incorporating the cutting edge strategic changes and improve the brand name, ensuring that the brand equity doesn’t falter? Only time will tell, until then enjoy Marketing – one of the best subjects of Management.

Are we ready for another Uncle Sam?

Introduction

There were things that we all knew. Before getting to the genesis of the whole USA (Under Skirt Adventure) business, let us get our facts right. USA’s current deficit is $14.398 trillion and it has to pay $500 million as interest every day. This debt sharing works out to $121957 per family. No one knows how USA has benchmarked the meaning for a family. A society which is famous for MILF, Naughty America and BangBros, how does one define a family per se?

Hail Uncle Sam

USA has a Debt Ceiling Act through which it can increase its debt cap by passing it in the Congress. Earlier the debt cap was raised to $14 trillion. Since, it has been breached; US is in a mood to increase it by another $3 trillion. The justification of this rise is given by the fact that they can pay back $2.4 trillion of that money, if they raise $3 trillion. It’s like when we have drunk 6 pegs of Vodka already and are on the brink of getting out. Yet, we still want to drink more. Thus we borrow money and drink some more and forget about returning the money when we come back to our normal senses. Guys, get out the Hangover2 soon!

Before stacking up all blame on USA, let us get back to history on how USA became such a powerful country. Founded in 1776 (as was Naughty America!!) a group of docile people pushed out the aborigine Indians and made it a Centre of Excellence. Years passed. After the First World War, a standard for money exchange became the need of the hour. Many companies came up with Gold as an answer, while USA went a step further and fixated a value for Gold in terms of dollar - $35 per ounce of Gold. Things spread slowly and international trade began to be done in Dollars. No one questioned the reason why it has to be done so, because they equated gold to dollars and no one questioned them the rationale behind the quantification. And why didn’t anyone question, was simple enough.

Games they play

Every World Bank President till date has been an American and USA has 17% quota in its Senate. And the minimum vote share required is 85% for any loan to be approved. Why would anyone go against the US, questioning their rationale? Dollar out of US (World Bank, IMF) flow into other countries, while other countries buy U.S Treasury Bonds (US’s euphemism for loans), US dollar starts to fall, while other countries try to protect the dollar. What is US doing?

In 1971, our Watergate hero Richard Nixon came out with a brilliant idea that the dollar will divorce gold. What he meant was dollar was just a currency from thereon with no value to back it up - Simple paper, worse than a Zimbabwean Rand. One incident after another, USA started feeling the pinch. S&P downgraded it from AAA to AA+ (Let us not laugh, we are a bloody BBB-). And the reasons for their rational behavior are as follows:

1.      Unemployment rate was at 9.2%. Approximately 14 million people were unemployed which meant that the government has to spend on Social Security, a concept unheard of in India.

2.     Long wars in Iraq and Afghanistan, which meant that they had to spend on military expenditure. Is this the reason why their presence in Libya is very limited?

3.     Expenditure on medicare.

4.     With an IQ of 125 (91 is a false news), George W Bush came up with beneficial tax cuts in 2001 and 2003. The years being specific because, in those respective years they went on wars with Afghanistan and Iraq.

5.     Because of all these expenditures, USA is not able to invest in its physical and intellectual infrastructure which is hurting them a lot.

The current US deficit is around $1.3 trillion and everyone is watching on how the situation could improve. The dollar cycle will go on until the world perceives that the dollar has no value and a day will come when someone can take advantage of it. Who would it be?

How is India in a position to take advantage?

We are at 14^th position in terms of exposure to US debt – $41 billion, while our close friend China tops the chart with $1.5 trillion. But the Indian culture of consumption for satisfying needs than for luxury has insulated us very well. We are very protected by our economic culture of spending today’s income for tomorrow’s expense. There are a few countries like PIIGS (Portugal, Ireland, Italy, Greece and Spain) who are caught in the deficit spiral by spending tomorrow’s money today. Greece actually pledged their “Toll revenue” to get financial aid and the rest is history.

India has some positives to look for such as the decline in oil prices once the dollar depreciates, which will decrease the interest rates; increase in FIIs, etc. While there are a few negatives which include slowdown in FDI, pressure on Rupee to appreciate in turn affecting domestic markets as imports become cheaper, exports taking a blow due to dollar depreciation, we are, still, there to take advantage of the situation. But how? With fasts and incapable governments?

We are here to see a promising future when things outside are in a turmoil. There are few countries in the world which can actually turn things around. India being one among them can seize the situation and turn it around completely, if she wishes to!!

(With inputs from Anoop Sherlekar)

First peg of Bombay Life..

Everyone was hooked onto their new laptops. Some were installing software, others skyping and the rest on facebook doing nothing. And that was my n^th call from Suhail to get ready to step out of the campus. When someone asks a question like who will be ranked the last in the class, hardly any hands shoot up. Everyone thinks that they won’t be the last, yet there is someone among them who will come last. Applying the same logic, no one was ready by 8 PM, yet everyone wanted to leave by the same time. In small groups of 3-4, we started for Kanjur Marg station, the nearest to the campus. It was indeed nearest when there is no traffic and one can easily take an auto to reach. But, talk about walking the whole distance, you would find no takers for it. Yet against all odds, 15 out of the 16 pseudo-intellectual kids made to the station by foot (myself, Dhruv, Kartik, Kaashi, Chotu, Parthiv, Nikhil, Boro, Debshree, Reshu, Hemangi, Tanya, Rajeev, Vijay, Suhail and Nisan). Vaibhav was smart enough to reach the station well in advance and paid the penalty by buying extra tickets (None returned the money yet, so eventually he paid for everyone’s travel). To add interesting information, there were a few guys at the station who winked at him, mistaking him to be a member of IITB’s “Saathi”.

The slow train to CST made its way into the second platform of the station. With 45 minutes chit-chat, we reached CST. The kids were so hungry that they did not even spare a stale samosa. They hogged down until the last tiny crumble, while the confusion of who is going where were sorted by big shots. As it happens in all the board room meetings, no conclusion was reached and the whole lot headed to Leopold’s, barring two mariners who went to the Marine Club. And to our surprise, Leopold’s was ready to accommodate a 15-member group without any fuss. Boys in the house were hell bent on getting drunk, while girls in the house just wanted a break out loose.

After placing the initial orders of beer towers, steak pasta, iced tea, burgers and coke, the first toast was raised for the first weekend in a month. The past month was strenuous like never before. The kids felt like the mayonnaise sauce that squeezes itself out of the tightly packed grilled buns. Once the boys started tilting towards the higher side, the dissertation on “how to identify Indians hailing from different parts of India based on a single word “B****C**D”” started. The good thing about being in a delightfully high company is that, one can easily reach a conclusion. It is quite true that great minds work cohesively when the right kind of motivation (beer) is provided.

One can’t keep the Punjabis in the house out for too long, without them singing their favorite numbers. With 7 Punjabis in the house, one has to oblige their wish to sing, even though the Leopold’s’ waiters thought otherwise. Then came the highlighted phase of the song session – we picked up common songs in Hindi and Tamil and thanks to ARR, we had quite a few numbers. Until then 5 beer towers were gulped down by 7 of them and 3 Coke cans by me. With a vote of thanks by “Bhaag DK Bose”, we exited Leopold’s and headed for Nariman Point.

One word – Absolute beauty. Moonlit Arabian Sea, waves crashing the rocks on which we were sitting, talking about places to visit and things to do, each of us actually felt the pulse of the moment. Knowingly or unknowingly we connected back to our past, thinking about our personal best times, sinking in the unrealistic reality of living life the way we always wanted to. The erstwhile Mumbai police came and warded us off as there were indications of high tide and that’s when it started drizzling. Bombay, chicken, beer (read coke), beach and rain with no deadlines to meet – A few of the blissful moments in life. We settled down along the rocky shore singing songs once again, this time with the aid of mobile phones.

Once the mood of the group changed to Back Street Boys, I, Kartik Calling Kartik (Kartik Dua), Debu (Debshree Buttercharjee), Hooda City Centre (Reshu Hooda) and Gullu (Vaibhav Gulati) left for a walk along the shore. Sensing the ramblings in our stomachs, we set out to pay a visit to Haji Ali Juice Centre. Apart from the Queens Necklace, the other roads in Bombay are also studded with lights, buildings and well-lit showrooms of Porche and Aston Martin. Disappointed in finding out that the juice centre to be closed, we headed straight to Shalimar Restaurant in Masjid. After having fulfilling Faloodas, we walked to the Masjid station to catch the first local train back to Kanjur Marg. En route, we discussed about why Bombay never sleeps (barbers were busy shaving at 4 am), existence of God, aliens and a lot other trivial stuffs. We reached the campus by 0515 am and hit our beds and for the first time in a month we had no idea of when to wake-up to reality. Cheers!!!