While one may concede to the inputs furnished by Mr. Pushpavanam,
given the Indian political ambience, the tone of the write-up appears biased.
Today, the Indian voter is contrived to vote for the less-corrupt, as we don't have a corruptless. Congress party is a major stakeholder when it comes to corruption track record, very immediately
followed by BJP.
Show me the list of candidates who are taint-free. Often, the candidate and the party he/she represents are in conflict when it comes to ethics. If the electorate is adamant to comply with strict parameters to choose a right candidate, the polling booths will display a pathetic empty spectacle.
Arvind Kejriwal is like a new coffee shop. Initially we expect the quality to be not bad. Till such time he or the AAP become part of the rotten bin, let us not discard him in a frenzy. Options available are too little and for the moment let us give him the benefit of doubt.
from: C.S. Krishnamurthy
Posted on: Jan 21, 2014 at 07:12 IST
Ref. Article: Understanding Arvind Kejriwal
http://www.thehindu.com/opinion/open-page/understanding-arvind-kejriwal/article5590889.ece#comments
http://www.deccanherald.com/content/378445/i-not-seek-third-term.html
Ref. Article: Time to say bye, Manmohan
Rahul Singh (Counter Point) / 5 January 2014
THE TIMES OF INDIA
05/01/2014
Krishnamurthy(Bangalore)
When Dr. Singh was long ago introduced to the parliament, for a moment I thought that we are going to be blessed with a statesman amid tainted politicians, but yesterday I noticed to see the body language of an apologetic guilty-Singh. It was childishly ridiculous that Dr. Singh gave a clean chit to himself during his tenure for nearly a decade. During his interaction with the media, he mentioned that history would be kinder to him than the media and the opposition parties. He floated the flippant theory that most scandals of UPA-2 occurred during UPA-1. It is unfortunate that he sought to take refuge that people endorsed Congress to power in 2009, desperately attempting to ratify the wrong-doings of UPA-1. It was also sickening to listen to him when he bid to distinguish between his personal conduct and the performance of the government. His utterances lacked even political logic. Dr. Singh accused Mr. Modi of “presiding over the massacre of 2002 riots” in Ahmedabad. That the Supreme Court has already cleared Mr. Modi of all the charges is public knowledge, Dr. Singh’s allegation against Mr. Modi amounts to reviewing the Court ruling. Can somebody clarify that under the recently enacted Lok Pal Bill, can a contempt petition be filed against a sitting Prime Minister? In the same breath, did not Congress party instigate the anti-Sikh riots in the aftermath of Mrs. Indira Gandhi’s assassination? Applying Dr. Singh’s formula, are we to believe that Mr. Rajiv Gandhi was a “disaster” for presiding over the 1984-riots? For once, I was able to observe a decisive politician in Dr. Singh. The more he smacks of Mr. Modi, make no mistake, the more stronger the latter will be. Hate speech against Mr. Modi only diminishes Dr. Singh’s stature. Or is it that Dr. Singh is subtly playing the self-side goal as a settling score to the ignominy he suffered all these years in the hands of the Gandhi family? After all, when it comes to politics, there is no permanent friends or foes! On a serious note, it felt like a contrite looser talking to media, not like a PM of India. The best joke comes when he says that Mr. Rahul Gandhi has outstanding credentials to become the PM, showing how low sycophancy can take you down. Hopes were aplenty with the people, because as a former bureaucrat before joining the government, Dr.Singh knew all kinds of inefficiencies existing in the bureaucratic system. Alas, he failed to apply his knowledge for the improvement of the economy. Or is it because he had to work under remote control? In the whole of media comments and analysis, I found one thing common – corruption and inflation, huge issues we are facing today. Pause for a moment. Recall the series of scams – Common Wealth Games (CWG), Adarsh Housing scams, 2G scam, Coalgate – to name a few. If you can restore the scam funds, the FM will be presenting “Surplus” budgets, year after year; and I don’t have to pay Rs.100/-for a kg. of onions. Or does he want to come to the open and say that the black money or hoards of it, all these, are due to “coalition partnership”? Well, if you want to enjoy power, you should as well take ownership, Dr. Singh. Or does he want to say that these are entirely the misdeeds of the Congress alone and the “beneficiaries” have taken monstrously unfair leverage of the meekest PM we have ever had? Or does he want to say the Congress had used the most qualified PM, as a shield and made him the obvious scapegoat who will be blamed for the Congress’ failures and the party will emerge out of this whole shoddy affairs as an unintended victim of a bad prime-ministership and in the same stroke Mr. Rahul Gandhi will emerge as the savior? Or at least, does he think that he could have done a better job as a Finance Minister than a thankless Prime Minister? The reality is that after 10 years to Dr. Singh and 60 years to Congress, we are flooded with scams and rapes and inflation. The people are visibly angry and disappointed. Public opinion is severely against the PM and the Congress. India is potentially a rich country, but its fortunes are plundered by a few. Dr. Singh has grossly failed to communicate effectively what his government was, is and intended to do to curb corruption at high levels. The anger and anguish of the people shoots because Dr. Singh is most educated and a seasoned economist. He is relating the inflation to international economic changes. Is the price rise happening in all countries? But as a top leader Dr. Singh should know not the price increase, but the rampant corruption that led his party down in the recent assembly elections. He can explain the price rise and always say it was beyond his control, but it would have been qualified statesmanship if he had taken cognizance that corruption was the chief factor for the crisis. Never in free India’s history has food inflation touched the dreaded double-digit. All the hopes aspired by the people of this country are belied, thanks to the spinelessness displayed by the technocrat-turned-politician. Sadly, he was unable to rule or control. The people of India should be very careful in exercising their franchise. Even if they poll for Aam Aadmi Party (AAP) in the coming Lok Sabha elections, it tantamounts to allowing the same corrupt Congress through the back door. Yet with all the failures, Dr. Singh still claimed that he was not a “weak leader”. He has dented his goodwill and has paved the way for Mr. Rahul Gandhi and Mr. Narendra Modi, leaving the govt with a legacy of guilt and shame. There is a huge gap between a good man and a good Prime Minister. Let historians script their documentation. Can we simultaneously expect Dr. Singh relax and pen a memoir annexed to his conscience?
Ref. Article: Manmohan Singh to step down after Lok Sabha polls
COMMENTS:
Very true.
It is rare to see a cricketer-gentleman these days. I fondly recall the first Test match I viewed between India and Australia(Bill Lawry team - December 1969 at Chennai), the charismatic Tiger leading the hosts. His two sixes, arguably the best in the match, one a straight clout against the off-spinner Ashley Mallet, and the other a reflexive flick to the square leg at his best against the pacer Alan Connally, though history, is still vivid in me. While in Sharjah, I had occasion to meet him when he was the chief guest for an Annual Day Function of Delhi Private School, Sharjah. When requested he willingly agreed for a photograph with him. I told him about the joy of the two big hits, he gave a gentle smile while signing his autograph for me. I cherish the photograph and the autograph along with the memories.
While there were many outstanding fielders during his playing years, Tiger was the astounding star in the outfield (covers his favourite position).
from: C.S. Krishnamurthy
Posted on: Sep 24, 2012 at 08:14 IST
Ref. article: Gentleman, his middle name (The Hindu, Sep.24,2012)
http://www.thehindu.com/opinion/open-page/gentleman-his-middle-name/article3927039.ece
Sedition law
(C.S Krishnamurthy, by email) / 19 September 2012
Cartoon is an essential and artistic ingredient of free speech and cartoonists are obvious part of the free Press. The arrest of cartoonist Aseem Trivedi on sedition charges is not a mere arrest, but a loot on the fundamental right to freedom of speech and expression.
A painful reminder of the fight for Press freedom in India, which goes back to the days far beyond the freedom struggle. It was not an accident for many of the stalwarts in the freedom movement to be writers and journalists. They meant and showed ‘pen is mightier than sword’.
The real tragedy is that the government of free India instead of scraping the anti-Press laws is still actively pursuing its anti-(ex)press(ion) stance.I vividly recall that senior journalists like Arun Shourie (Indian Express), M J Akbar (The Telegraph) and many more created the right momentum to the cause. The post-independence euphoria of attacking the freedom of Press continues in different forms like selectively withdrawing government advertisements, imposition of levy on the newsprint, etc. The attack on the Kanpur cartoonist is the latest act in the list.
The Press in India should grab it as an opportunity to stand like a garrison squad, gear up to fight the fresh encroachment bid. It is a very good space to redefine and enhance the level of investigative reporting. The extra advantage we now have in relation to the earlier fights is the electronic and the social media who can play an even more decisive role to expose the atrocities of those at the helm. If this freedom is to have more than just a symbolic meaning, its problems are worth sensible discussion in terms that the masses will believe, appreciate and understand.
THE TIMES OF INDIA
True, but we have not seen the Master getting bowled with such consistency. Dear Sachin , a disconnect, it appears, is developing between your mental agility and physical stamina. May be I am wrong, age and reflex apart, is it that you should play more matches with more regularity than pick and choose if you have to be in the thick of action.
It is more nostalgic that when you got out, others would follow you and leaving a sapping morale in the dressing room. Individually it is a nice feeling to reflect on your inevitable magnificence. You are the only batsman who had kept the scorers, nay statisticians very busy for nearly two decades. But are the latter relaxing now, when you walk in the middle?
Today, it is a different scenario. You are consciously aware that Team India are developing to win games without you or your performance. I even brush aside someone's outburst: "We should introspect, what was their main wish, joy of Sachin's 100th 100 or sadness of losing to Bangladesh and losing the Asia Cup". I responded to that comment that is left to you to ponder about the mixed feelings of that particular match!
I am not interested to know if BCCI has got guts to coax you to retire. I reject the suggestion that BCCI is rendered spineless because of the amount of income generated by you through your top-notch performances. What worries me is that your mentor Sunny Gavaskar has started worrying about your way of getting out. I certainly don’t want to see you being made look silly by bowlers you would have pelted in your deep slumber about 5 years ago. Each time, these days, you get out, the respective rival bowler’s premium obviously keeps rocking up . We have seen you only a hero, but I am afraid if you have started creating heroes in the rival camps. I also can’t imagine you appearing in cartoons relating you to “two-minute noodles”.
I don’t want some one to ask, Sachin or ego, who is bigger; I also don’t want some one to kickstart a debate, “Sachin is bigger or the game of cricket is bigger”. Lastly, I don’t want, least of all, Arjun asking “Pappa you are occupying my place?”. You have set such high standards, it doesn't seem possible for any one in the foreseeable future to come anywhere closer. No one can deny that you have the privilege to play as long you would prefer. Perfect. But selection committee has a task to select a team based on the current form and merit. I am not going into the topic of whether they are spineless or as Jimmy Amarnath once termed them as “a bunch of jokers”.
The best remedy: Take a decision. Don’t take too long. Stop while the audience is eager to hear you more. I don’t know if this also applies to sportsmen. We know Sachin as a top batsman! We are in the wait to see Sachin top sportsman!! You love challenges. Many like me want you to take a challenge of grooming one more Sachin, if not more! All the Best, Sachin!
(Ref. Sachin Tendulkar will respond fittingly to critics:Sourav Ganguly http://timesofindia.indiatimes.com/sports/cricket/series-tournaments/sachin-tendulkar--an-indian-icon/top-stories/Sachin-Tendulkar-will-respond-fittingly-to-critics-Sourav-Ganguly/articleshow/16299519.cms?
It is more nostalgic that when you got out, others would follow you and leaving a sapping morale in the dressing room. Individually it is a nice feeling to reflect on your inevitable magnificence. You are the only batsman who had kept the scorers, nay statisticians very busy for nearly two decades. But are the latter relaxing now, when you walk in the middle?
Today, it is a different scenario. You are consciously aware that Team India are developing to win games without you or your performance. I even brush aside someone's outburst: "We should introspect, what was their main wish, joy of Sachin's 100th 100 or sadness of losing to Bangladesh and losing the Asia Cup". I responded to that comment that is left to you to ponder about the mixed feelings of that particular match!
I am not interested to know if BCCI has got guts to coax you to retire. I reject the suggestion that BCCI is rendered spineless because of the amount of income generated by you through your top-notch performances. What worries me is that your mentor Sunny Gavaskar has started worrying about your way of getting out. I certainly don’t want to see you being made look silly by bowlers you would have pelted in your deep slumber about 5 years ago. Each time, these days, you get out, the respective rival bowler’s premium obviously keeps rocking up . We have seen you only a hero, but I am afraid if you have started creating heroes in the rival camps. I also can’t imagine you appearing in cartoons relating you to “two-minute noodles”.
I don’t want some one to ask, Sachin or ego, who is bigger; I also don’t want some one to kickstart a debate, “Sachin is bigger or the game of cricket is bigger”. Lastly, I don’t want, least of all, Arjun asking “Pappa you are occupying my place?”. You have set such high standards, it doesn't seem possible for any one in the foreseeable future to come anywhere closer. No one can deny that you have the privilege to play as long you would prefer. Perfect. But selection committee has a task to select a team based on the current form and merit. I am not going into the topic of whether they are spineless or as Jimmy Amarnath once termed them as “a bunch of jokers”.
The best remedy: Take a decision. Don’t take too long. Stop while the audience is eager to hear you more. I don’t know if this also applies to sportsmen. We know Sachin as a top batsman! We are in the wait to see Sachin top sportsman!! You love challenges. Many like me want you to take a challenge of grooming one more Sachin, if not more! All the Best, Sachin!
(Ref. Sachin Tendulkar will respond fittingly to critics:Sourav Ganguly http://timesofindia.indiatimes.com/sports/cricket/series-tournaments/sachin-tendulkar--an-indian-icon/top-stories/Sachin-Tendulkar-will-respond-fittingly-to-critics-Sourav-Ganguly/articleshow/16299519.cms?
THE TIMES OF INDIA
C.S. Krishnamurthy (Bangalore)
Recently I read a story, a passage thereof I wish to share: "Mahatma Gandhi went from city to city, village to village collecting funds for the Charkha Sangh. During one of his tours he addressed a meeting in Orissa. After his speech a poor old woman got up. She was bent with age, her hair was grey and her clothes were in tatters. The volunteers tried to stop her, but she fought her way to the place where Gandhiji was sitting. "I must see him," she insisted and going up to Gandhiji touched his feet. Then from the folds of her sari she brought out a copper coin and placed it at his feet. Gandhiji picked up the copper coin and put it away carefully. The Charkha Sangh funds were under the charge of Jamnalal Bajaj. He asked Gandhiji for the coin but Gandhiji refused. "I keep cheques worth thousands of rupees for the Charkha Sangh," Jamnalal Bajaj said laughingly "yet you won't trust me with a copper coin." "This copper coin is worth much more than those thousands," Gandhiji said. "If a man has several lakhs and he gives away a thousand or two, it doesn't mean much. But this coin was perhaps all that the poor woman possessed. She gave me all she had. That was very generous of her. What a great sacrifice she made. That is why I value this copper coin more than a crore of rupees." Saina, many congratulations. You have given the copper coin and led the way. Let's see what those with gold coins do! Though you won a bronze, your gesture of helping others is no less than a gold. You have demonstrated that it requires a large heart, not a large ego. You have poked the guilt in others, other sportsmen in particular.
(Ref.article: Saina Nehwal 'gifts' Girisha Rs 2 lakh from own earnings
(Ref.article: Saina Nehwal 'gifts' Girisha Rs 2 lakh from own earnings
CSKrishnamurthy (Bangalore)
06 Sep, 2012 09:38 AM
The work-from-home concept is laudable objective. Working hours and location are two main areas that go to decide the flexibility of workplace. As long as the output is satisfactorily delivered, the employers wouldn't mind. In metro cities and towns, the time and energy burnt in traffic snarls is seen to be experienced. With the rapid advancement of online technology, working from home needn't be that fussy. This would help improved productivity, reduced absenteeism and less overheads. It will leave time for the employee to lead a fulfilling personal life. The health of the employee will be robust and the overall employer-employee relationship will be harmonious. We are aware of many employees who are at their desk 9 to 5 without much contribution. If my work involves use of computers, what matters is where and when I am at work, as long as I am accountable and trustworthy, and keep in contact with my co-workers. It also reduces time wasted by “office politics” and “gossip mongering”. A recruitment pattern can be worked out for taking the VRS/retired officials without compromising the age factor, which would save training costs of the freshers. Working smarter, rather than harder is the new strategy. An experiement is worth a try.(Ref.article: 6 SEP, 2012, 04.42AM IST, ANITA BHOIR & KAILASH BABAR,ET BUREAU
For Bankers, work-from-home benefits staff & boost profits
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THE TIMES OF INDIA
Salute to the Special Talent! Oscar Pistorius, nicknamed ‘Blade Runner’, representing South Africa, sprints to glory to become the first double amputee to compete the Olympic games. The 25-year old runner was born without calf bones and his legs were amputated below the knee before he was a year old. His courage, persistence and drive to overcome his disability is spurring. A real champion reflecting the triumph of the human spirit! The fact of disability is a permanent pain for those who feel, but for those who think, it is a challenge to rise above the limitations. Life has never been equal for everyone, and for those who have dared to conquer their challenges it is all but glorifying to their resilience. It is stimulating that even people with disabilities can achieve remarkable recognition and make immaculate impact. One thing is clear. After reading about famous people I realise that challenge is the foundation for greatness. Attitude is everything. Life isn't about waiting for the storm to pass... It's about learning to dance in the rain. From their side they prove they are heroes and performers, teaching you and me that physicial imperfections are insignificant. Let's come to the conscious side. On seeing a handicapped person, our first impulse may be to look the other way, avoid eye contact and keep walking. A person struggling with serious illness or confined to a wheelchair can be a painful reminder of how vulnerable our own bodies are and how uncertain life can be. Isn’t it that a disabled person is a person first, the disability is only next? Think about how you would want to be treated if you were among them. You know you would want to be heard and valued. A simple example, when you post a message in Face Book, you want maximum "likes and shares". They are usually more fragile, their heart may be easily broken. Learn to walk in their shoes on a daily basis. When you can learn this you'll have learned a lesson about compassion. Does society offer much help? Obviously, it is you and me, I mean by society. This reminds me of a type of response some of us entertain: The moment we sight a person with special needs, we are taught that it is the "karma" or some sins committed in the previous birth. What is our response in the case of 'disabled'(?) heroes who have astoundingly outperformed and outlived many of the so-called normal human beings? Look at the Olympic victors. If the flame of passion is burning inside your heart and mind, nothing can stop you from reaching your goal! Truly an inspiration for anyone who has ever questioned why things happen, what his/her purpose in life is, and may have even considered giving up! The message is plain and simple. NEVER give up - You ARE special and your life DOES HAVE meaning. Heroes like Oscar Pistorius have, undoubtedly, redefined the notion of handicap.
C.S. Krishnamurthy (Bangalore)
05 Sep, 2012 01:18 PM
What about existing stocks of cheque books held by the banks? The cost involved should be quite huge, given the nature of security stationery. Whose money, any way? Without properly planning to get rid of the old stock of cheque leaves, going for the new ones, yet again shows the reckless move of the Apex bank.(Ref.article: RBI asks banks to issue cheques with uniform features by September 30)http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/rbi-asks-banks-to-issue-cheques-with-uniform-features-by-september-30/articleshow/16239327.cms
C.S. Krishnamurthy (Bangalore)
03 Sep, 2012 04:31 PM
We all started out at some level lower than what we are at today in our jobs. If you are accustomed to good boss, then having a bad boss is all the more difficult to cope with. To rewind an incident I interfaced with a toxic boss: While working with an Indian boss (Manager of Wealth Management Division of local bank in Dubai), he clearly did not know the meaning of “value date” in banking parlance. Being a banker, to term his ignorance “ridiculous” is to say the least. One fine morning I entered his cabin with a customer account statement. A credit entry relating to a clearing cheque deposit shows the current date (date of deposit) and underneath it showed the “value date” which is date of the next working day. While he insisted that the available balance includes the cheque in question deposited on the current date, I made valiant attempt in vain to make him understand that it was only the ledger balance and would become the available balance only the next working day subject to clearance of the instrument. In the normal course, I would not have had any problem in making an 8th grade student to understand. But our hero would not lend his ears. There was a keen contest as to who is taller - his ego or his ignorance. He yelled: "Don't teach me banking. I have come to this seat not to learn from you!....." That was the beginning! I survived, but, not my next grade. Is it that boss and ego made for each other? Leadership is more of action, less of position.(Ref. article : Bullying on rise in office; mostly by bosses: Survey)
C.S. Krishnamurthy (Bangalore)
03 Sep, 2012 07:34 AM
Having a bad boss can be a very trying event. I have been 'bossed' in two of the organizations I worked in my 34-year career. They come in all shapes, sizes and genders. The worst is when your boss's insecurity gets the better of him, which is 'justified' when he is not hired based on merit, but on his connection. Cases are aplenty where one gets frustrated after a lot of hard work and dedication; the boss still yells at you when he feels insecure about something, with no appreciation, let alone recognition and promotions. Subordinates are strong only when they unite, but then it leads to another scenario of "UNION" which is slowly fading. It is not easy, but not impossible. You can't control the "bad" boss behaviour but you can make it clear in a professional manner that you will not accept their bad behaviour towards you (easily said, rarely executed). It may be possible to remove a bad boss, but the caveat - your health could go for a toss, and your career goes nowhere until you land another job or a better boss. Life is not always fair. Working is a necessity, not a luxury for many. With the economic volatality, jobs are not as easy as the picking, particularly wherever the 360 degree appraisal is not the in-thing. Learning how to and how not to lead is something you learn from every boss. If the boss is good, call him a leader. And if leader is bad, call him boss. Alas, the boss remembers all my bad things than the good, unlike the leader. Is boss a bad word?(Ref. article : Bullying on rise in office; mostly by bosses: Survey)http://economictimes.indiatimes.com/news/news-by-industry/jobs/bullying-on-rise-in-office-mostly-by-bosses-survey/articleshow/16198561.cms
C.S. Krishnamurthy (Bangalore)
02 Sep, 2012 09:58 AM
The flexiwork concept is gaining momentum. Working hours and location are two main areas that go to decide the flexibility of workplace. As long as the output is satisfactorily delivered, the employers wouldn't mind. In metro cities and towns, the time and energy consumed in traffic snarls is seen to be experienced.With the rapid advancement of online technology, working from home or coffee shop can’t be that fussy. This would help improved productivity, reduced absenteeism and less overheads. It will leave time for the employee to lead a fulfilling personal life. The health of the employee will be robust and the overall employer-employee relationship will be harmonious. We are aware of many employees who are at their desk 9 to 5 without much contribution. If my work involves use of computers, what matters is where and when I am at work, as long as I am accountable and trustworthy, and keep in contact with my co-workers. It also reduces time wasted by “office politics” and “gossip mongering”. Companies increasingly started realizing what is vital is what you produce, not how, where and when you do it. The measure of success in the new environment is changing. Working smarter, rather than harder is the new ‘mantra’. A ‘trial period’ and ‘test drive’ is worth a begin.(Ref.article: 2 SEP, 2012, 02.23PM IST, PTI Around 50 pc employees want 'flexibilty' at workplacehttp://economictimes.indiatimes.com/news/news-by-industry/jobs/around-50-pc-employees-want-flexibilty-at-workplace/articleshow/16128249.cms
02 Sep, 2012 09:58 AM
The flexiwork concept is gaining momentum. Working hours and location are two main areas that go to decide the flexibility of workplace. As long as the output is satisfactorily delivered, the employers wouldn't mind. In metro cities and towns, the time and energy consumed in traffic snarls is seen to be experienced.With the rapid advancement of online technology, working from home or coffee shop can’t be that fussy. This would help improved productivity, reduced absenteeism and less overheads. It will leave time for the employee to lead a fulfilling personal life. The health of the employee will be robust and the overall employer-employee relationship will be harmonious. We are aware of many employees who are at their desk 9 to 5 without much contribution. If my work involves use of computers, what matters is where and when I am at work, as long as I am accountable and trustworthy, and keep in contact with my co-workers. It also reduces time wasted by “office politics” and “gossip mongering”. Companies increasingly started realizing what is vital is what you produce, not how, where and when you do it. The measure of success in the new environment is changing. Working smarter, rather than harder is the new ‘mantra’. A ‘trial period’ and ‘test drive’ is worth a begin.(Ref.article: 2 SEP, 2012, 02.23PM IST, PTI Around 50 pc employees want 'flexibilty' at workplacehttp://economictimes.indiatimes.com/news/news-by-industry/jobs/around-50-pc-employees-want-flexibilty-at-workplace/articleshow/16128249.cms
C.S. Krishnamurthy (Bangalore)
01 Sep, 2012 07:41 AM
The current-day loyalty 'mantra' is outdated. When I left a PSU bank after serving 20 years on VRS, a few people even raised an alarm saying I was committing a grave career error, though I had better offers on hand. I have known a very successful executive who has been in the banking arena, who would periodically update and upgrade himself and every 4 /5 years he will be elevating himself to the next organisation. My son argues: "You have standardised pay-scales in the banking industry. The scope for career growth is limited. Whether someone performs or not he gets his annual increment. On the contrary, if there is a star employee who goes the extra mile, he/she is not given any out of turn promotions, resulting in frustration". Add to it the unionisation, reservations,management politics in deciding grade promotions, meaningless transfer policy..... Even if a bond is to be furnished for an x sum of money, the competitor is ready to absorb it to get the cream talent. Most significantly, the new generation of employees do not believe in concepts like "loyalty", "experience" "affinity to the organisation". It is high time this issue is addressed even at the lower rungs.(Ref. article: Public sector banks, including Punjab National Bank, IDBI, SBI and Bank of India set out on a talent drivehttp://economictimes.indiatimes.com/news/news-by-industry/jobs/public-sector-banks-including-punjab-national-bank-idbi-sbi-and-bank-of-india-set-out-on-a-talent-drive/articleshow/16031416.cms
The additional liquidity that would be generated on account of doing
away with CRR might help the banking system to avoid borrowing from RBI
(Repo window) or from the market, which would obviously help improve the
interest income numbers. What specific reasons the apex bank (RBI) would
advance for maintaining the status quo other than the traditional
measure of using the CRR as a monetary tool. A nominal percentage of
interest compensation would rest the case. A deregulation rather than
phasing out, will be a better option.
away with CRR might help the banking system to avoid borrowing from RBI
(Repo window) or from the market, which would obviously help improve the
interest income numbers. What specific reasons the apex bank (RBI) would
advance for maintaining the status quo other than the traditional
measure of using the CRR as a monetary tool. A nominal percentage of
interest compensation would rest the case. A deregulation rather than
phasing out, will be a better option.
from: C.S. Krishnamurthy
Posted on: Aug 31, 2012 at 08:18 IST
Ref. article: Kamath disagrees with SBI chief, says CRR not an issue
====
Even when I made an exit from the services of a nationalised bank on
VRS after working for 20 years, some of the old timers gave an alarmed
response that I was committing a grave career error. A bank job
undoubtedly a coveted job, certainly not that much now. There used to
be pride when someone in the earlier decades when they used to say, "I
served the .... bank for 30 years....". The current generation of
youngsters don't have that much flair for bank jobs, nor they agree
with the "loyalty" mantra, which has become outdated. Some of the
common reasons quoted by my own son and his friends include: lack of
challenge in work, stagnation or less pay. One guy even went on to
say that job hopping is a short-cut to success. Each job change brings
with it a hike in pay and position. Again, pay-scales in banks are
standardised. You work or not your annual increment is assured.
Simulataneously, someone who is ready to go the extra mile to perform,
the recognition is not that luring.
response that I was committing a grave career error. A bank job
undoubtedly a coveted job, certainly not that much now. There used to
be pride when someone in the earlier decades when they used to say, "I
served the .... bank for 30 years....". The current generation of
youngsters don't have that much flair for bank jobs, nor they agree
with the "loyalty" mantra, which has become outdated. Some of the
common reasons quoted by my own son and his friends include: lack of
challenge in work, stagnation or less pay. One guy even went on to
say that job hopping is a short-cut to success. Each job change brings
with it a hike in pay and position. Again, pay-scales in banks are
standardised. You work or not your annual increment is assured.
Simulataneously, someone who is ready to go the extra mile to perform,
the recognition is not that luring.
from: C.S. Krishnamurthy
Posted on: Aug 29, 2012 at 08:32 IST
This letter is a response to the article: Job-hopping is a bigger problem for banks
http://www.thehindubusinessline.com/industry-and-economy/banking/article3832208.ece
http://www.thehindubusinessline.com/industry-and-economy/banking/article3832208.ece
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Prohibition on Smoking
C.S. Krishnamurthy, Bangalore / 25 August 2012The ban on smoking in public places in Saudi Arabia is highly laudable.
This effort shows the care and concern of the rulers for the health of their people, particularly ladies and children. Countries all over the world must follow suit and earn kudos from the non-smoking public, which is subjected to the menace of passive smoking.
The imperatives of public health don’t require any debate or discussion. It is plain and simple that smoking is injurious to health; there is no second opinion in this matter. Even a smoker will agree that smoking can prove fatal.
Though there may be some initial hiccups and inconvenience to smokers as a result of this ban, in the end the current and future generations will undoubtedly be grateful to the rulers. The ban is like a bitter medicine, which will, nevertheless, have positive effects.
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Be safe than sorry
(C.S. Krishnamurthy, Bangalore) / 24 August 2012
Your recent editorial “Be safe than sorry” should be an eye-opener for all irresponsible parents and caretakers, who leave children inside the cars.
If the child can manage to get out of his seat, he can figure out how to get out of the car. A toddler wandering around a parking lot can be very dangerous. There is no substitute for responsible parenting and a responsible parent will never give precedence to his desires and convenience over the safety of his children.
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Back to square one (C.S. Krishnamurthy, by email) / 23 August 2012 I am writing to you in response to KT’s editorial “Back to square one” published on Tuesday. The editorial’s last line “Kashmir is hardly the core issue that keeps the two nations apart; it is their giant egos” aptly explains Indo-Pakistan relations. While the common man in both the countries hopes for peace, there are always some hiccups in the pipeline. The two governments have their own political agendas, that keep the enmity alive. This is a shame because there is tremendous potential of bilateral trade between both the nations. The Indo-Pak diplomatic game of snake and ladder has been held hostage for long. Both the nations must stop spending large amounts of money in preparing for a future war but, in fact, should move forward constructively towards building a strong and secure South Asia. ===== |
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