I had a couple of notes in my phone that I noted while reading newspapers over the last few months. There isn’t any context to them and I have noted them out of random articles that I have been reading. Thought I shall put them here:

- “But all over the factory there developed a myth of the Japanese manager. The one who is groomed in the fires of the factory floor. And not on the syllabus of PowerPoint, Segmentation and Strategy”

- “ICBMs are the idiom of power in international relations. Even as economic might plays a greater role in shaping international power equations, hard power remains central both for national deterrence and for power-projection force capability”

- “No nation can be a major power without three key attributes: (1) a high level of autonomous and innovative technological capability (2) a capacity to meet basic defense needs indigenously. (3) a capability to project power far beyond its borders, especially through intercontinental-range weaponry”

Those of you who follow the political news keenly must have read about the tabling of the Civil Liability for Nuclear Damage Bill (will call it the Nuclear Liability Bill or NLB from now on).

For the uninitiated, here are some key points from the NLB which are the crux of the issue:

1. Indian government indirectly takes the onus of compensation in case of a mishap and this compensation will be capped at Rs. 500 Crores in the event of a nuclear accident. (This will be the compensation to victims of a nuclear accident)
2. The compensation will be made through the Nuclear Power Corporation of India i.e. the bill puts the responsibility of paying compensation on the operator and not the supplier or foreign companies building and installing nuclear facilities in India. (think Moral Hazards? )

NLB is said to be a crucial part of the Indo-US Nuclear deal and it is said that without the NLB being cleared, the US firms will not get insurance cover for their projects in India.

What freaks me out the most are some media reports in which the Indian government claims that this bill is necessary to protect the interest of the Indian people.

A print media article dated December 11, 2009 even says that:

Sharing Mr. Sorabjee’s view, senior Supreme Court lawyer and constitutional expert P.P. Rao said: “This [Bill] can be challenged in a court of law as it may not stand judicial scrutiny. It is vulnerable, arbitrary and unfair.” He wondered how the government could legally deprive a victim of fair and just compensation. Any such move would be violative of the right to life.

Pointing out that the main lesson from the Bhopal gas tragedy was that foreign companies engaged in hazardous industries must be made strictly and absolutely liable for any damage caused by their units, Supreme Court lawyer Prashant Bhushan said “the proposed Bill, instead, seeks to limit the liability, which is absurd.”

A nuclear disaster (such as Chernobyl (request you to go through all relevant portions of the page)) can have extremely dire ramification and cause massive damage to life and property. The severe radioactivity that engulfs a place after such an accident or even a minor leakage makes large tracts of surrounding area uninhabitable for many years. It destroys all forms of plant and animal life. The radioactivity may cause genetic mutations and lead to many types of cancers, even after many years.

The policies of the current and past governments (irrespective of the party in power), especially on matters of international affairs, has always annoyed me. With reference to the current government I feel that it is the weakest government (ironically elected with strongest majority) to come to power in last two decades.

This particular posy is a lengthy one. And it has been pretty difficult for me to take time out of my busy schedule to make this post. However, I have done so only because this piece of poetry also happens to be one of my favourites from the school days.

About the Poet (Source)

Henry John Newbolt was born in Bilston, Wolverhampton (then located in Staffordshire, but now in the West Midlands), son of the vicar of St Mary’s Church. Newbolt attended Queen Mary’s Grammar School, Walsall, and Caistor Grammar School, from where he gained a scholarship to Clifton College, where he was head of the school (1881) and edited the school magazine.

Henry Newbolt died at his home in Campden Hill, Kensington, London, on 19 April 1938, aged 75. A blue plaque there commemorates his residency. He is buried in the churchyard of St Mary’s church on an island in the lake on the Orchardleigh estate of the Duckworth family in Somerset.

A Ballad of Sir Pertab Singh

In the first year of him that first

Was Emperor and King,

A rider came to the Rose-red House,

The House of Pertab Singh.

Young he was and an Englishman,

And a soldier, hilt and heel,

And he struck fire in Pertab’s heart

As the steel strikes on steel.

Beneath the morning stars they rode,

Beneath the evening sun,

And their blood sang to them as they rode

That all good wars are one.

They told their tales of the love of women.

Their tales of East and West,

But their blood sang that of all their loves

They loved a soldier best.

So ran their joy the allotted days.

Till at the last day’s end

The Shadow stilled the Rose-red House

And the heart of Pertab’s friend.

When morning came, in narrow chest

The soldier’s face tkcy lit.

And over his fast-dreaming eyes

Shut down the narrow lid.

Three were there of his race and creed.

Three only and no more:

They could not find to bear the dead

A fourth in all Jodhpore.

“O Maharaj, of your good grace

Send us a Sweeper here:

A Sweeper has no caste to lose

Even by an alien bier.”

“What need, what need ? ” said Pertab Singh,

And bowed his princely head.

“I have no caste, for I myself

Am bearing forth the dead.”

“Maharaj, O passionate heart,

Be wise, bethink you yet:

That which you lose to-day is lost

Till the last sun shall set.”

** God only knows,” said Pertab Singh,

“That which I lose to-day:

And without me no hand of man

Shall bear my friend away.”

Stately and slow and shoulder-high

In the sight of all Jodhpore

The dead went down the rose-red steps

Upheld by bearers four.

When dawn relit the lamp of grief

Within the burning East

There came a word to Pertab Singh,

The soft word of a priest.

He woke, and even as he woke

He went forth all in white,

And saw the Brahmins bowing there

In the hard morning light.

“Alas! Maharaj, alas!

O noble Pertab Singh!

For here in Jodhpore yesterday

Befell a fearful thing.

*’O here in Jodhpore yesterday

A fearful thing befell.”

“A fearful thing,” said Pertab Singh,

“God and my heart know well —

“I lost a friend.”

“More fearful yet I

Went down these steps you past

In sight of all Jodhpore you lost —

O Maharaj ! — your caste.”

Then leapt the light in Pertab’s eyes

As the flame leaps in smoke,

** Thou priest! thy soul hath never known

The word thy lips have spoke.

** My caste! Know thou there is a caste

Above my caste or thine,

Brahmin and Rajput are but dust

To that immortal line:

*’ Wide as the world, free as the air,

Pure as the pool of death —

The caste of all Earth’s noble hearts

Is the right soldier’s faith.”

- Sir Henry Newbolt

Explanation

This poem is a short episode from the life of Maharaja Pertab Singh of Jodhpore. In the very first year of Sir Pertab Singh as a king, a rider came to the house of the Maharaja. The rider was a striking young British soldier (soldier hilt and heel emphasizes that the young rider looked professional and oozed the qualities of a soldier by virtue of his looks).

The Maharaja being a brave warrior himself was struck by the personality of this English soldier and soon both became very good friends. (And he struck fire in Pertab’s heart as steel strikes on steel).

To understand this, one must realize the nature of a soldier’s work. While a soldier is a professional just as any other, his job is on a different paradigm vis-a-vis other professional careers because it involves constant risk of life and laying down life for someone else. They stay away from their families for many months, some time several years together to fight wars and train hard at their barracks. The fellow soldiers they live with become their fast friends and they fight and die together on the battlefield, mourn each others losses and celebrate their victories together. That is the reason Pertab Singh and the Englishman became friends very quickly.

Both warriors used to enjoy riding together sharing their experiences of wars, women and their countries. However they agreed with each other that their profession as a soldier was above all else. They continued to enjoy themselves until suddenly one day the English soldier passed away. (So ran their joy the allotted days. Till at the last day’s end. The Shadow stilled the Rose-red House. And the heart of Pertab’s friend)

The body of the Englishman was lying in the coffin awaiting the final rites. However there were only three people of the Englishman’s caste in all of Jodhpore. And in those days no one in India would touch the body of a person from another caste due to the rigid belief in caste system and untouchability. Therefore it was suggested that a sweeper be called to lend a fourth shoulder to the coffin so that the final rites may be completed. The priests claimed that as a sweeper belongs to the lowest possible caste in the cadre, he has nothing to lose by carrying the coffin of the Englishman.

However, the kind-hearted Maharaja, plunged into grief by the death of his friend, decided to lift the coffin along with others. He believed that he had nothing to lose by lifting a friend’s coffin. When he announced this decision, his advisors intervened by saying that once the Maharaja lifts the coffin and loses his caste, he will never regain it (Be wise, bethink you yet. That which you lose to-day is lost. Till the last sun shall set)

To this the grief-stricken maharaja replies that its only god who knows what he has lost today (In this statement, the Maharaja says that the loss of his caste is nothing compared to the real and colossal loss he has had due to the death of his friend). And the Maharaja announces that no one else other than him shall be the fourth bearer of the coffin. And then the final rites of the Englishman were performed as the Maharaja along with others bore the coffin away (And without me no hand of man Shall bear my friend away. Stately and slow and shoulder-high, In the sight of all Jodhpore, The dead went down the rose-red steps, Upheld by bearers four.)

The next two lines in the poem are one of my favourite. The poet has made excellent use of language to inform the reader that the the maharaja was so grief striken that as soon as he awoke all he remembered was the death of his friend. The literal meaning of these two lines is that the onset of dawn “relit the lamp of grief” i.e. the sun, as it rose in the East (When dawn relit the lamp of grief, Within the burning East).

While the Maharaja was in his bedroom, the priests softly called to the maharaja to awaken him. The maharaja who was already awake and mourning his friend’s death, upon hearing the priest got up and proceeded to meet them. The maharaja who was just out of bed and draped in white saw the priests bowing to him in the hard morning light. The morning light was hard for the maharaja as he had just awakened from sleep a while ago.

The priests told the Maharaja that a terrible and fearful thing happend in Jodhpore yesterday. The maharaja, assuming that they were referring to his friend’s death responded that he knows about it. Then the priest replied that an even more terrible thing that happened the previous day was that the Maharaja lost his caste in front of all of Jodhpore. (*’O here in Jodhpore yesterday, A fearful thing befell.” “A fearful thing,” said Pertab Singh, “God and my heart know well — “I lost a friend.” “More fearful yet I Went down these steps you past In sight of all Jodhpore you lost — O Maharaj ! — your caste.”)

The maharaja expected this topic the least, as his mind was completely occupied with the death of his friend. The maharaja was probably almost annoyed as suggested by the use of words eyes and flame (Then leapt the light in Pertab’s eyes, As the flame leaps in smoke). The Maharaja responds to the priest (probably angrily) by saying that, “your soul does not know the words you have spoken”. He explanined further by saying that there are some things which are much above petty things such as caste and religions. There are some things that we value so much that all caste and religion seem to be zilch infront of them.

He calls this most valuable thing as belonging to an immortal line. He glorifies it by calling it “as wide as the world, as free as the air and as pure as the pool of death”. Undoubtedly and rightlfully it is the caste of the noble hearts i.e. a soldier’s faith.

ISBN: 9780316010665

Tagline: The Power of Thinking without Thinking

Malcolm Gladwell covered business, science and medicine for the Washington Post before becoming the New York City bureau chief. Currently he is a staff writer for the New Yorker

Blink is an unconventional book on an unconventional topic and is extremely engrossing. The writing style of the author and the choice of the stories/examples used by the author ensures that the reader remains glued to the book cover to cover.

Blink is a very good effort to highlight the importance of alternate gut-feeling based decision making. It very lucidly explains the pros and cons of making snap decisions and encourages the readers to understand the power of human mind. It tries to explain how and why certain experts are able to reach a decision without the need for complex and lenghty investigation and analysis.

With reference to the recent global financial crisis, I think that the book also seems to teach us that over dependence on the so called well thought-out and highly intricate mathematical models must be avoided as they are not fool-proof. Decision making cannot be based solely on such models and decision makers need to use the insights of their inner mind in an appropriate manner at all times to optimize the decision making process.

I do not want to dicuss any of the stories mentioned in the book, over here. Strongly suggest that you read the book to understand what I am talking about. This particular book would surely give the readers the same level of thrill even after reading multiple times. Though I have read it only once, I am pretty sure of this gut-feeling of mine

We all have seen scenes of kids using guns and rocket launchers in Afghanistan during extensive media coverage of America’s war on terrorism. But we actually do not need to go so far to learn about how the youth is being maligned by indoctrination as well as poverty and neglect.

For 42 year maoist rebels have fought the Indian Government using guerrilla warfare. This fight has been waged for too long and now poses one of the biggest internal security crises the country faces today. As an affluent city dweller I find it easy to go about my daily chores and not think of these issues. But upon learning in greater detail about the maoist rebels, I am reminded of this quote by V.S. Naipaul:

“Hate oppression. Fear the oppressed.”

Rural development, especially of tribals and people living near state borders has been one of the biggest blind spots of this country and poses the greatest threat to it integrity.

I am provoked by this article in a daily newspaper that I read, which has covered some of the personal letters the Maoist fighters had written to each other (These letter came into the possession of police after they forced the Maoists to flee from one of their camps) and have been shared with the Media. The matter in these letters is very thought provoking and moving. It clearly indicates the extreme resolve and state of frustration these fighters have lived in. Their sole occupation and life mission is to fight and die for their cause.

While it is said that India is on the verge of launching one of the biggest offensives to neutralize the naxal threat, I ask, do we also have a plan to attack the root causes of the problem and prevent them from cropping up again. I doubt. In places where there will be isolated pockets of prosperity, failure of the government machinery and such extreme poverty, I think all of us must be afraid.

The unfortunate lack of proper facilities, infrastructure and training coupled with difficult terrain and outdated weapons make the local police force a very easy target. Therefore, it is way too easy and cheap for the naxalites to involve in conflicts and gain formidable advantage over the law enforcement agencies. One must also not forget the rampant corruption, bureaucratism and red tapism which makes it inefficient and leads to endless delays in planning and implementation of solutions. Some of the letters recovered from maoist rebel bases also describes atrocities and crimes committed by police men which in turn lead to more people taking up arms against the government.

I can write at length about the suggestion that can be implemented to improve this situation. But all proposed solutions shall end in failure as the country’s implementation mechanism is impotent and mired in absolute hopelessness and corruption. No system is wrong or incapable. It is always the people who run the system that fail. If the hand that implements cannot act with a welfare motive, what virtue is there in formulating an action plan.

India as a country faces tremendous challenge in maintaining its integrity due to widespread naxalite/militant problem within the country. This issue threatens to rip through the fabric of its democracy and could potentially lead to disintegration of the country if not handled properly. This problem is allegedly being exploited by certain foreign powers to create havoc and destruction in the country such that it finally fractures. This should not come as a shock to most of us because logically, supporting local militancy in a target country is one of the basic tenets of a proxy war (whether state sponsored or otherwise)

Note that it is beyond the purview of this article to judge whether the naxal movement and their cause is right or wrong. That would lead to a tangential discussion which though useful, is currently irrelevant and must be avoided.

I’d rather like to draw your attention to an interesting article I read in today’s newspaper regarding fighting the Naxal problem. I am particularly impressed with the last few paragraphs of this article where the author talks about decisive responses to naxal activities and use of hot pursuit operations. I strongly share this view and will write some thing of my own, once I can take time out of my otherwise busy schedule to think it over and collate my thoughts.

Hi all. Its been a while sice I posted some thing on my blog. Hvae been very busy and will update you all about it. Just wanted to share this link of an article I managed to read while going to office today. Its one of the better articles I have read in recent times about the current geo-political situation and the position of India with reference to its international relations with China and U.S. The article seeks to explain some events of the recent past and tries to highlight the critical position India has got it self into due to mishandling of it’s international affairs.

Please take time out to carefully review the article here

I have been thinking a lot about this issue whenever I happen to and really want to write on it. However, my current schedule may not permit me to do so for quite a while. Anyways wish all of all the best. Adios.

Many of your might have started following the news in US and European countries keenly after the sub-prime mortgage crisis evolved into a credit crunch and later into a global financial crisis.

For those who didn’t know Nouriel Roubini, I strongly recommend that you read up about him and what has shot him to fame during these troubled times. He is amongst the few economists who had foreseen this crisis in the making, a couple of year ago.

Dr. Roubini writes at RGE Monitor.  I would like to share excerpt from two of his recent articles which were also published in WSJ and FT.

Here are some interesting excerpts from article 1

First, while Treasury Secretary Timothy Geithner’s public-private investment program (PPIP) to purchase financial firms’ assets is not particularly popular, we hope the government doesn’t give up on it. True, the program offers cheap financing and free leverage to institutional investors, which will lead to the investors overpaying for the assets. But it does promote price discovery and remove the assets from the bank’s balance sheets — necessary conditions to move forward.

And to minimize the cost to taxpayers, banks must not be allowed to cherry-pick which legacy assets to sell. All the risky loans and securities banks were never meant to hold should be on the block. With enough investors participating in the PPIP program, the prices of the assets should be competitive, and there should be no issue of fairness raised by the banks.

Second, the government should stop providing capital, loan guarantees and financing with no strings attached. Banks should understand this. When providing loans to troubled companies, they place numerous restrictions, called covenants, on what these firms can do. These covenants generally restrict the use of assets, risk-taking behavior, and future indebtedness. It would be much better if the government focused on this rather than on its headline obsession with bonuses.

For example, consider the fact that the government, while providing aid to banks, did not restrict their dividend payments. A recent academic study by Viral Acharya, Irvind Gujral and Hyun Song Shin (www.voxeu.org) notes that banks only marginally reduced dividends in the first 15 months of the crisis, paying out a staggering $400 billion in 2007 and 2008. While many banks have been reducing their dividends more recently, bank bailout money had been literally going in one door and out the other.

Consider also, the recent risk-taking by banks. The media has recently reported that Citigroup and Bank of America were buying up some of the AAA-tranches of nonprime mortgage-backed securities. Didn’t the government provide insurance on portfolios of $300 billion and $118 billion on the very same stuff for Citi and BofA this past year? These securities are at the heart of the financial crisis and the core of the PPIP. If true, this is egregious behavior — and it’s incredible that there are no restrictions against it.

Third, stress tests aside, it is highly likely that some of these large banks will be insolvent, given the various estimates of aggregate losses. The government has got to come up with a plan to deal with these institutions that does not involve a bottomless pit of taxpayer money. This means it will have the unenviable tasks of managing the systemic risk resulting from the failure of these institutions and then managing it in receivership. But it will also mean transferring risk from taxpayers to creditors. This is fair: Metaphorically speaking, these are the guys who served alcohol to the banks just before they took off down the highway.

Another set of excerpts from article 2 (on FT)

“Schumpeter’s biggest fear was that creative destruction would lead capitalism to collapse from within, because society would not be able to handle the chaos. He was right to be afraid. The response of governments worldwide to the financial crisis has been to give the structure of private profit-taking an ever-growing scaffolding of socialized risk. Trillions of dollars have been thrown at the system, just so that we can avoid the natural process of creative destruction that would take down these institutions’ creditors. Why shouldn’t the creditors bear the losses?”

“Suppose the systemic risk problem is solved. The other argument against allowing banks to fail is that after a big loss by creditors, no one would be willing to lend to banks – which would devastate credit markets. However, the creative-destructive, Schumpeterian, nature of capitalism would solve this problem. Once unsecured debt holders of insolvent banks lose, market discipline would return to the whole sector.”

A perfect blossom is a rare thing

Sakura in Tokyo from James T. Kirk on Vimeo.

Some thing that came into my mind for the first time after the terrorists attacks in Bangalore IISC in 2005. It came to my mind again and again after every terrorist attack. And after the Mumbai terror attacks I think I was able to complete this picture.

I don’t know if this is right or wrong? I was too busy completing the picture in my mind. May be you can tell me what you think…