Random Thoughts
D Dhanuraj
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Reading the mindset of the electoral class of India needs prodigious skill thanks to diversity not only in the topography of the subcontinent but also of the emergence of local and regional parties. In the last one decade most of them tested success at the local level as well as at the centre encouraging more and more splinter (on a positive note) groups to emerge. Indian Political League 2009 presents a market, driven by political entrepreneurs dominated by families and dynasties of various sizes and multitudes.

I suspect this election is only a semi final before the market achieves the higher end trade on with high P/E (Profit/Earnings) ratio on the streets of Indraprastha. Fielded as the independents, many have generated interest to buy shares in the political stock exchange. Some say they are against the Bull Run in the shorter period and usurp the role of SEBI. My wishful thinking is that many more will get into the act and therefore raise the level of competitiveness which would probably lead to the exercise of fairer judgment in the electoral market. Market regulator Election Commission of India may need to attune with various demands of the market before Recession hits the market. Involvement of civil society organisations and the media in the electoral stock exchange as investment advisors and business developers is yet to leave a significant impact on the volume of the participation though a fair amount of employment opportunities and respect for volunteering added value to the electoral market economy.

More political parties in the fray mean more activity and more opportunities for many. If post reform decades helped to revive the financial status of the country, almost all the political parties have tasted the swings in the electoral market thanks to the very same reforms some of them are principally opposed to. Today, all the political parties have ownership in visual media, print media, hold a large chunk in the online trading and at the same time continue with dharnas, agitations and processions to spread and reinforce their message with the masses. It offers more employment opportunities to millions in this country than compared to what they promise in the election manifestos.

All these political parties shall be registered as Limited Companies so that the Rs 16000 Crore paid in the electoral market shall lead to fast and sustained growth. Why don't we think of at least a virtual (online) political exchange where the policies and decisions of the Political bosses like any other listed company decide the value of every player involved? This way, Sensex will be insulated from the whims and fancies of political decisions saving millions of investors from the gimmicks of the political class. In a way, it will help to increase the awareness among the rural mass with the increased knowledge driven emancipation leading to the better selection of the political leadership.

Tail piece: Thanks to former President Abdul Kalam's oft repeated chant: Dream, dream..., every political party boss started dreaming for the coveted PM chair like any other CEO wishes to become a Warren Buffett, a Bill Gates or a Ratan Tata. Therefore, please don't complain!

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  2 Comments          
[1]  January 13 2011
this is with regard to the discusions in the meeting on how to improve kochi traffic . i am posting it here as i do not the appropriate place for it .
one excuse heard thru out the discussion is shortage of funds. a more handier excuse is difficult to find.
if your poject cost is rupees 100 crores and if the finance available is 100 crores where is the need for any planning . just execute the project.
planning comes in when the finance available is 40 crores and the projects to be executed are worth 100 crores. one has to select the appropriate projects. there is a branch of science called project evaluation and review techniques. forget about it. but we should have a procedure to prioritise and make the selection .
so falling back on the shortage of funds excuse is too primitive. all the projects will never have full funding. if at all that happens just add another poject , useful or otherwise. we can then safely call in the no funds excuse and sit back.
 
--- Lisma
 
[2]  July 13 2011
This airtcle went ahead and made my day.
 
--- Affinity
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