Friday, July 13, 2012

Shoot down the rhetoric

It is possible to diplomatically manage the Chinese reaction

A week back, ONGC Videsh Limited (OVL) and PeroVietnam in the presence of Indian Prime Minister Manmohan Singh and Vietnamese President Truong Tan Sang, entered into a three year long treaty on cooperation in the field of oil and gas.

A seething China feels that this alliance has the potential to disrupt peace in the Asia-Pacific region. China is striving for sovereignty in the area and they won’t feel comfortable with a strong Indian presence over there. As a matter of fact, China diplomatically pressurised British Petroleum to abandon their operation in the region.


Thursday, July 12, 2012

Have they lost the common man?

The people of India continue to grapple with a back-breaking inflationary trend that the government at the centre has failed to understand, acknowledge and control

On the concluding day of the G20 summit at Cannes, Prime Minister Dr. Manmohan Singh deemed it fit to talk in defence of a major UPA II failure. Without bothering to explain the reasons behind persistent inflationary pressures, Dr. Singh noted that inflation was a reflection of demand for food items such as fruits and vegetables exceeding supply and, therefore, “to some extent, at least, (it) is a sign of growing prosperity of our country”. Finance minister Pranab Mukherjee, who on many occasions has rescued the Congress party from its worst crises, was quick to reiterate the argument. What is most clearly evident from these remarks is that the government of the day refuses to acknowledge this as a problem and the now common contention that the Congress is losing touch with the common man somewhat holds true.

As per the data on weekly food inflation measured by Wholesale Price Index (WPI), prices of vegetables increased by 29%, milk surged by 12% and egg, meat & fish prices increased by 13% (week ended October 22). Although India is one of the largest milk producers, it faces shortage of milk due to increased demand. India’s overall food inflation for the week surged to 12.21% from 11.43% in the previous week. Rise in petrol prices has only added to the woes.

Experts have suggested on many occasions that inflation is not just a result of a sudden shock (as the government continues to argue) such as a rise in food prices because of inadequate rainfall or a jump in fuel prices because the monetary easing in the West has sent a wave of liquidity into commodity markets. There are structural factors at play as well, which cannot be tackled with higher interest rates alone. This puts RBI in a spot. It cannot be a spectator as inflation expectations cut loose and it cannot tackle the underlying factors with its policy kit either. Since March 2010, the RBI has hiked its key policy rates 13 times, totalling 350 basis points, to tame demand and curb inflation. The rate of price rise has been above the 9% mark since December 2010. At its second quarterly review of credit policy last month, RBI projected inflation to moderate from December onwards and touch 7% by the end of the financial year. But it seems to largely be in vain. According to Anis Chakravarty, Director at Deloitte, headline inflation has remained above the 9.5% mark despite the steps taken by the RBI. “If you look at recent months, inflation is moving to 9.7%, which raises a large question on all the monetary policy steps, which the RBI has undertaken starting from January, then by raising rates by 25 basis points in March, then in May by 50 basis points, again by 25, then in August by 50 and so on & so forth till September,” he tells B&E.


With the Bhawari Devi scandal in Rajasthan brimming over, sexual peccadilloes of Indian politicians are tumbling out of their closets

In Uttar Pradesh, Narain Dutt Tiwari continues to be embroiled in a long running and messy paternity court case where the 87-year-old – the state’s uncrowned king of Emergency back in the mid-1970s – is battling to stay away from submitting a blood sample for a DNA test on the grounds that he is a veteran freedom fighter of 70 years standing! In Haryana, back in 2009, its youthful deputy chief minister Chandramohan not just lost his job and an assured Congress ticket but found his political career in the doldrums after marrying Anuradha Bali alias Fiza after converting to Islam. During the last three months, Rajasthan has been rocked by the Bhawari Devi sex scandal. At the centre of this is Rajasthan’s (now former) Water Resources Minister Mahipal Maderna, seen in explicit sex scenes with a nurse.

After the ever-alert TV channels displayed the lascivious tape with the two in action, the Congress high command and the state leadership were left with no option but to show Maderna the door. The case is currently a subject of CBI probe. Such has been the angst of the Maderna family that his enraged wife and daughter encouraged their supporters to pounce upon a TV crew for ‘distorting’ facts. Maderna, like most politicians, took the obvious recourse: an admission into an intensive care unit. But the Jaipur High Court would not let matters rest. They forced the CBI to send the former minister’s health report to the All India Institute of Medical Sciences (AIIMS), where it was established that the accused was hale and hearty. Maderna had to skip the hospital overnight.

Reason? The lady in question, Bhawari Devi, has disappeared for the last three months and her family has given up hope. Clearly Maderna, despite the loss of his ministry, has not seen the last of this sleazy stake out. In an effort at damage control, the high command dispatched Digvijay Singh to Jaipur, where the Congress leader bragged about “bringing out CDs of BJP leaders in similar situations.’’ Normally, out of news Rajasthan appears to have a surfeit of these cases. Close on the heels of the Bhawari Devi scam came the Ramlal Jat episode. This forest and environment minister of Rajasthan had to suddenly quit on November 16, his official car snatched from him, after he was `indirectly’ linked to the death of Paras Devi, wife of Ratanlal Jat, chairman of the Bhilwara dairy, in a case of mysterious poisoning. The former minister has offered no explanation why he was most keen to ensure that the deceased’s body was not sent for post-mortem or even about his association with her. Despite the all round denials, after more lurid details became public, he had to quit. ]


Tuesday, July 10, 2012

The 7 Winning Virtues of Political Leadership!

s I sit down on the eve of my 40th birthday to write this editorial, I couldn’t have thought of writing on a more important aspect – as great political leadership is what India requires more than anything else today. And though I have written considerably on leadership, it has mainly been about corporate leadership. Leadership in corporations is massively different from political leadership, and therefore it requires a special model and a special line of thinking. While in corporations the final aim is profit maximization in most cases, in politics the final objective is necessarily social welfare maximization. While in corporations the best leaders are often the best marketing guys, in politics the best leaders necessarily have to be the people who are the sincerest and most hard working. While in business you can make do without the knowledge of economics, in politics that can be suicidal. While in business being unethical can harm you and at most your stake holders, in politics the lack of ethics ruins an entire nation’s future. And most importantly, while in corporations leadership is about commitment to the strongest and survival of the fittest, in political leadership, the focus always is about commitment to the weakest and survival of the weakest – concepts about which I wrote a few issues back in Business & Economy, when I wrote about responsible leadership (please do log on to our website and check out the link for the same: http://www.businessandeconomy.org/27102011/storyd.asp?sid=6462&pageno=1). Thus, for me, political leadership is not just about having certain qualities but also simultaneously about not having various qualities. Rather, what is important is to ensure that one does not possess certain specific qualities first; if that is taken care of, the rest would then automatically fall in place.

Keeping all the above in mind, I believe the model of the 7 winning virtues of political leadership (viz Credibility, Compassion, Clairvoyance, Camaraderie, Commitment, Charisma and Competence) that I have developed is most suited for Politicians in general and Indian politicians in particular, keeping in mind the spate of massive corruption scandals of late! So what is so special about these 7 Cs of leadership that has not been read before? After all, is it not just another word play?

Well, the difference in this model and any other such model is that in this model, each element or virtue is actually the opposite of one of the 7 sins of life – the seven deadly sins that we are supposed to avoid; to a large extent, as normal human beings and to an almost extreme extent, as a political leader! The seven sins originally are Greed, Gluttony, Sloth, Envy, Lust, Pride and Wrath! So how are these related, you must be wondering! Let’s go one by one! The first sin that a leader must avoid is that of greed. This is what seems to be the biggest problem with political leaders in India. Greed. The reason behind all the lack of development in India at the cost of swelling Swiss bank accounts. Every politician looks at politics as a source of making quick money at the cost of the nation. And thus, instead of looking at the Commonwealth Games as a brilliant chance to develop the nation and its sports facilities – the way China looked at Olympics – they looked at the games as an opportunity to create a massive scam and looted the nation shamefully. So instead of looking at telecommunications as a big chance of taking the country towards better development, our leaders looked at it as a chance to loot and plunder. And this is where my first C of leadership gains importance. The virtue of credibility! Instead of greed, and dishonesty, political leadership is about credibility. That’s what defines a political leader’s true character. Once you lose credibility, you can still continue thanks to various reasons, but with no respect. That’s what most Indian politicians today suffer: the problem of credibility.

The second sin every politician needs to avoid is gluttony – the attitude of trying to gulp down everything by themselves, to eat, drink and make merry to satisfy their own bodily needs while millions of people die of hunger and lack of access to clean water. A political leader needs to be least bothered about good food and drinks for himself and instead should be thinking about how to give access to his people. One look at our unfit political leaders and their waist size will give an idea where their focus lies. That’s the shame we need to avoid. For real leadership was never about gluttony, but about the next C of leadership – Compassion. It’s the virtue of compassion for the hungry, malnutritioned that can make a great political leader forget about his own food and drink and fight for his people the way Mahatma Gandhi did.

The next sin a leader must avoid is the sin of sloth. Sloth is being spiritually and emotionally apathetic and being physically and emotionally inactive. That is what defines most of our politicians. Instead of actively thinking and planning for the future, they are inactive and lethargic. Their lack of any urge to do good for people makes them commit the sin of sloth. What they need in place of that is vision – a strong vision that can take the country forward. They need to be on the move. They need to be so active that they should almost possess the virtue of clairvoyance – the next C in my theory. They need to have the ability to visualize the future and take the country towards that vision. That’s what great leaders are made of.

The fourth sin that leaders must avoid is envy. It’s one thing that takes them down faster than anything else. They need to stop envying their colleagues, their opposition and anyone around. Envy in politics, leads to politics the way we know it: The game of pulling each other down instead of supporting each other for a common cause. Today we have political leaders who know that FDI in retail is an inevitable truth. But they are envious of other leaders who might walk away with the credit; so they don’t let the policy pass though it might be good for their own people. It brings us to the next C – the virtue of camaraderie. That’s what a leader, especially a political leader, needs to have. That’s the way you take people along. That’s the way you take colleagues along. And that’s the way you take the opposition along; instead of trying to enviously pull everyone down and in effect pull the country down.

The fifth sin to avoid is the sin of lust. In its actual sense, it refers to the way politicians of late have been doing things – from threats to hide their lust filled deeds to even murders. First, they can’t control their lust for women and they rampantly do the most unethical things; in effect, promoting what they were supposed to stop – prostitution. Then to cover up their deeds, they go to further extremes. And it’s not just about sex, crimes around which are rising rampantly, but lust for a better life too that they need to control. Lust is always invariably anti people. It’s the most non committed way of approaching any relationship , be it with a woman or your countrymen. Instead of lust, they need to develop the virtue of commitment – the next C. Commitment is what differentiates an act from being right and wrong.





 

Monday, July 09, 2012

Take a stand, prez!

Capital punishment has always been a much-hyped issue, and US Presidential candidates know how to use it to the hilt

Time and again, the debate over whether capital punishment should be abolished or not, has come into the limelight. Although most of the developed countries have already abolished it, US is one of the notable countries that have chosen not to; China, Iran, Iraq, India and Saudi Arabia amongst the others. But when it comes to US Presidential Election campaigns of yore, the issue – akin to the abortion debate – has gone well beyond the legal realm and acquired strong political hues as well. The Presidential election 2012 is still 9 months away, but most candidates have already set their campaign themes. And more importantly, they have already taken their respective stances on the subject of death penalty.

In 1976, the US Supreme Court reintroduced capital punishment after it got banned in 1972. Since then, the US has executed 1,278 convicts (Death Penalty Information Centre data). Even the Gallup poll has concluded that US citizens are very much in favour of capital punishment. However, mass support came down to 66% in 2011 from 80% in 1994. In that light, some US Presidential candidates are using these new sentiments and taking uniquely individual positions in their campaigns very successfully while others are yet to wake up to its importance.

It was on March 28, 1973 that Jimmy Carter signed a new legislation to authorise the death penalty, which helped him win the Presidential elections in 1976. However, he later strongly opposed capital punishment and themed his next presidential campaign (1980) on it. But the stand was blown away as being ‘soft on crime’ by the then Republican candidate and eventual winner Ronald Reagan. On the same lines, Michael S. Dukakis lost the Presidential battle to George H. W. Bush for being lenient on the death penalty in 1988. He was found quoting, “I don’t see any evidence that it’s a deterrent, and I think that there are better and more effective ways to deal with violent crime. We’ve done so in my own state.”

Bill Clinton went a step further in his campaign against Bob Dole. He ran a TV ad where he not only vowed in favour of putting more cops on the streets but also pleaded to expand the death penalty – “That’s how we’ll protect America,” he had said then. He even signed the execution papers for a convicted murderer during the campaign. During his election campaign, George Bush Jr. ushered in his support in favour of the death penalty by mentioning that “ultimately, it helps save innocent lives.” During his six year tenure as the governor of Texas, some 152 convicts were executed. During the 2008 Presidential campaign, economic recovery and job creation were the prime issues. And Obama exploited it to the core. However, candidate John McCain clearly supported the ‘1994 Biden Crime Bill’. Obama, with his diplomatic stance over the issue, managed to just about defeat McCain with 53% to 46% votes in his favour.

Elections are back again and the debate has resurfaced. Rick Perry, who recently ended his run for Presidency, cleverly exploited the tag of ‘presiding over more executions than any governor in modern history’ – 236 to be more specific. Mitt Romney, the strongest opponent of Obama, has always been a strong supporter of the death penalty. For the uninitiated, Romney actively fought for a Bill to reinstate capital punishment in the Massachusetts state legislature in 2005. Newt Gingrich is of the opinion that increasing the number of offenses punishable by death would eventually go a long way towards deterring illegal drug smuggling. Obama, however, has always played tactfully without taking any clear position on capital punishment. On one hand, he sometimes opines that capital punishment “does little to deter crime.” On the other hand, he is in favour of capital punishment in cases “so heinous, so beyond the pale, that the community is justified in expressing the full measure of its outrage by meting out the ultimate punishment.” Last year, the whole world was stunned over the execution of Troy Anthony Davis (arguably an innocent), but Obama chose to remain silent over the issue; terming it as a ‘matter of the State’.