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When I read any book, I scribble my comments / notes in the margins
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Pg. No. 4
· Now that Nandan is heading the National Indentity.
· Card project and sitting in a Govt. office in Delhi, he must be getting a first-hand taste of Govt. bureaucracy.
Pg. No. 6
· But the Japanese economy kept growing at 12%+ during 70’s & part of 80’s
Pg. No. 7
· Root cause for the rise of cmilitancy around the world.
Pg. No. 24
· 89 banks have failed between Jan & Aug. 2009
Pg. No. 26
· Or punishment for not acting!
· Contrast this with Narendra Modi sending SMS to Ratan Tata, saying just one word “WELCOME” to invite Tata to put up NANO car plant at sanand.
· This is the question of [Survival] for private sector
· A shining example is of train ticket-booking online. I still remember the hornov of 4 hours standing in a queue at Bombay Central.
Pg. No. 27
· Narendra Modi
Pg. No. 30
· At this stage, it is unimportant to “Justify” what were our “good policies” of the past and to “blame” our past leaders for their “failure” to adopt “progressive” steps!!
· It is “what-under-the-bridge”. You cannot UN-DO past!
· That is below 18 yrs.
· I canot forget his lucid booklet “Our India” (Gujarati translation) – which I read around 1942. He interviewed me for a job in his consultancy firm in 1958, upon returning from USA.
Pg. No. 31
· “Personnel & Productivity Services”
Pg. No. 36
· I remember, in early 80’s when banks faced opposition from Unions, they renamed their Computer-purchases, as “Ledger-posting” machines, and other Companies called them “Word-Processors”.
Pg. No. 38
· In early 70’s, wheneve I visited a Govt. office in Delhi, (Say around 11 am), half-the-staff would be sitting around & gossiping on the lawns outside the office. Most would make their “attendance”, then leare their coats hanging on their chairs and go out for working on “private errands” or even another job! – to return befor closing time.
Pg. No. 39
· 2 days back G-8 expanded to G-20 to include India / China / Brazil etc.
Pg. No. 40
· When the extended Parekh Family meets at Diu on 17th / 20th Oct. 2009, to celebrate our 50th Wedding Aniversary, our group photo may sport 82 faces! Seven years back, at Lonavala, the no. was 71.
Pg. No. 41
· I believe India’s net increase was around 2.1% at that time, adding some 15 million people / year = population of Australia, at that time
Pg. No. 42
· When I was GM (Powai) at L & T between 1979-78, we paid an incentive of Rs. 300/= to any worker under-going a sterilizetion operation at our Andheri Welfare Centre. We even paid to general public – and at peak, carried out 1800+ operations in one year! – to win Maha. Govt. Prizw!! Companig were expected to display corporate social Responsibility!!
· At that time, I was a strong supporter advocate of such measures.
Pg. No. 46
· But still, thousands of children continue to die every year due to “mal-nutrition”! – euphemism for “starvation”.
· I don’t think it has kept pace with inflation or rise in cost of living.
Pg. No. 48
· In USA, it fell from +5% 5years -1% in 2008 i.e. living off tomorrow – spanding more than income – root cause of sub-prime crisis & global Economy Bust of last I year.
Pg. No. 52
A “Social” disaster! No responsibility for a younger brother or sister. No sense of “Sharing”!
Pg. No. 53
· In many cases, they are “Educated” but “Unemployable” Recevfuly against SBI’s abvt for filling 11000 clerical vacancies, 36,00,000 persons applied! All graduates – some MBA!!
· (28-09-09) Dussera
Pg. No. 56
· “Black Swan” of Nassem Taleb
· First need is a JOB!
Pg. No. 57
· Jobs.
· That is good for B & C class cities!
· Unemployment is the root-cause of militancy.
Pg. no. 65
· Hai
· Later become central Finance Minister
Pg. No. 66
· I was in USA at KU.
· As late as 1976 I was making trips to Delhi – either for “Import Licenses (to import raw materials) or for “Industrial Licenses” (Letter of Intent – LOI) for manufacturing!
Pg. No. 67
· Even powerful-and well connected – Industrialists supported Govt’s “License-Permit Raj”! It enabled them to “capture / pre-empt” capacities-thereby denying the same to competitors!
Pg. No. 69
· Lee Kuan Yew ruled Singapore for nearby 25 years & transformed it.
Pg. No. 72
· In 2007, CPI led parties said the something when UPA Govt. signed Non-Military Nuclear Cooperation Deal with USA.
Pg. No. 73
· May be this was when RBI was forced to physically “pledge” (to IMF?) a planeload of gold!
Pg. No. 75
· In 1982, when we (L & T) wanted to import a Main Framc Computer, we had to get a “Licence” from DOE (Dept. of Electronics). Not only that, DOE floated a tender on L & T’s behalf! (Private parties were not allowed to even “float” inquiries and receive “offers” for computers. DOE even negotiated the price (with the suppliers) on our behalf and TOLD us, on which party to place our order!
· Once imported computer can only be “maintained by state-owned CMC! – No one else.
· A company needed an entire DEPT. to look after this!
Pg. No. 76
· See my remarks on p: 73
· I retired from L & T on 14-04-90 & setup 3P on 15th April – like an “old” entreprenenr!
Pg. No. 78
· I liked both.
Pg. No. 80
· It was late 1978 – after Dhirubhai Ambani took over as chairman of L & T – that I had an opportunity to share with him, lunch-table, (along with sharad shah / Jatin Dalal etc.) at Oberoi Hotel. It was that heexplained to us, his grand vision of backward integration of his “Yarn” business – all the way back to oil exploration & production – a formitdable supply-chain. Apparently Mukesh has learned his lessons well from his father!
Pg. No. 81
· It is may be 90% for provident funds.
Pg. No. 87
· It is same today!
Pg. No. 95
· Rahul / Shalaka / Punam & Alex find it much more comfortable to discuss their technical software-related problems in Marathi!
Pg. No. 101
· USA has a population of 280 million
· Anokhee
Pg. No. 103
· Robert McNamara’s team, came to be called “Whiz Kids”! In fact this word was coined during McNamara’s tenure as USA Defense Secretary (-under Ronald Reagan?). McNamara died a few months ago.
Pg. No. 104
· In 1982, Labour Union would not allow Voltas Mgmt. to buy computers! – So, I tool our (L & T) labour-union office-bearers to see a demo of “Word-Processor” at Datamatics office-to prove how it would simplify a typist’s life. They got convinced & allowed us to install computers (PC’s) in Powai ofcourse we were using IBM 1401 from 1967, rented from IBM (They did not “Sell” in those days!)
· I learned to write a few lines of code-then purch cards-back in 1957 at KU.
Pg. No. 105
· Around this time, Union Minister, George Fernandes “threw out”, IBM & Coca Cola.
· See my remaks on p: 75
· Not really. They would only “Lease” these-somewhat like a “hire-purchase”.
· He became secretary of DOE Dept. of Electronics. I met him a couple of times during 1981/82 in connection with L & T’s mainframe import.
Pg. No. 106
· L & T imported 4 of these in 1982 – each the size of a mini-refrigerator. I went to Honeywell Bull to inspect these – along with Mainframe DPS – 7.
Pg. No. 107
· It took me 7 years (after booking) to get my line (45,50,95) at Shivaji Park resi – may be around 1968/69
· See my remarks on p: 36
Pg. No. 108
· The Y2K break came.
Pg. No. 109
· L & T was perhaps the first “professionally managed company – long before Infosys.
Pg. No. 110
· True.
· Besides taking L & T Union Leaders for a demo of computers at Datamatics I also took them to
· Maruti (Delhi)
· Telco (Pune)
· Tisco (Jamshedpur)
Pg. No. 112
· Harshad Mehta
Pg. No. 116
· I have stood in such queues for hours at Bombay Central during 60’s / 70’s
Pg. No. 117
· I am hoping something like this to happen when we launch “CustomizeResume.com” – but I am prepared for disappointment! – as with my 5 earlier websites.
· Oct. 1, 2009
· Aug. 2009 saw addition of 15 mill. By end of this year, we could cross 500 million mark.
· In World-Wide-Jobs, we enabled jobseekers to receive job-alerts on mobile – and then “Apply Online” from mobile. This was launched on 25 Jan 2005, - the day I had my bypass surgery.
Pg. No. 127
· When we first installed IBM 1401 at L & T (Powai) in 1967, we had a row of this “card-punching” machines. And ocassionally, we used to carry these cards to the BSES (Reliance Power-now) computer centre at Santa cruz for proessing.
Pg. No. 129
· In 40’s coconut-vendors in Mumbai were called “Mopallas” (-meaning, a “caste” from South India).
Pg. No. 134
· Will we manage to create this many jobs?
· 36 lakh applying for SBI’s 11000 jobs!!
· Could turn out to be a disaster!
Pg. No. 136
· The $ 23 billion ownership-swap deal between Bharti Airtel & S. Africa’s MTN fell thru 2 days back-after negotiations lasting more than 1 year.
· (02-10-09)
· Gandhi Jayanti
· Under License / Permit Raji
Pg. No. 139
· But what about the productivity of these workers?
Pg. No. 140
· Lastweek GM (India) tied-up with Bangalore-based REVA, for mfr. of small electric cars.
Pg. No. 141
· With the latest economic crisis in the west, China’s exports have plummeted drastically-causing 20 million job-losses. In India, Garments & Gems (Diamond polishing), also lost 2 million jobs – but, by last week Dimond has started recovering
· (03-10-09)
· When I was negotiating a 4-year wage-agreement with L & T labor union. I used to plot CPI rise graphs everymonth to show to the unian office-bearers how much, their DA (Dearnrss Allowance) was rising, month after month.
Pg. No. 142
· Those educated in USA & west.
Pg. No. 144
· Banks around the world had “invested” into American Banks – and vice versa. So when 89 USA Banks failed in 10 months, Banks around the world failed.
· Our exports have been dropping every single month for the last 12 months!
· Naxalites / Maoists / ULFA, are killing 10 Indians (on an average) everyday! For last 1 year
Pg. No. 150
· Several hundred
· And Sardar Patel
Pg. No. 151
· China celebrated its 60th Independent Day, 2 days back on Oct. 1.
Pg. No. 152
· And looted it!
· Still continues to haunt us!
Pg. No. 153
· Must be, mostly by train.
Pg. No. 155
· Being, so called “Low Caste”, they were denied access to education – and most other liberating influences. That kept them poor & oppressed by upper caste. This situation continues after 62 yrs!
Pg. No. 156
· Self-Immolation of Sri Ramulu led to the formation of Linguistic States.
· If not, we could have a Khalistan as our neighbour.
Pg. No. 158
· Gandhiji had suggested “Winding-Up” of Congress Party, immediately after independence, saying “it’s purpose have been served”.
Pg. No. 159
· They are once again raking-up the “Marathi Manus” issue, now that the state elections are just 1 month ahead.
Pg. No. 160
· 2 days back, Naxalites Killed 17 policemen at Gadhchiroli (Maharashtra).UPA govt. plans to deploy 16000 commandos to [wipe-out] Naxalites from Andhra / Maharashtra / Jharkhand & Orissa – I suppose beaurau-crats & politicians, do not what to admit their failure in providing to them a “Job-producing Economy”
Pg. No. 170
· About 10 days back, appointed as Advisor to PM Manmohan Singh, for Information Technology & Infrastruoture. He is already chairman of National Knowledges Commission. He laid the foundation of India’s telecom revolution under Rajiv Gandhi.
· Somebody or other is always blocking all kinds of reforms.
Pg. No. 171
· Mahatan Gandhi had suggested “dissolution” of Congress Party – once independence was won.
Pg. No. 173
· Today, Maharashtra elects its new legislative Couuail for the next 5 yrs.
Pg. No. 182
· If “CustomizeResume” gets thousands of candidates to register, then I plan to revive JAM (Job Alert on Mobile) – which we gave-up on, when we shutdown “World-Wide-Jobs” Abhi thinks we can send out SMS job alerts without depending on phone-service providers (and without having to spend on SMS). By now India is close to 500 million mobiles which, is, perhaps 10 times more than no. of PC’s so, this is the way to go.
· National Highways program. We are managing barely 5 km/ day against what Kamal Nath (Minister) targetsat 20 km/ day.
Pg. No. 183
· Today’s report says NTPC will invite tenders on 20th Oct., for Rs. 40,000 crore worth of powergeneration equipment 660 MW X 11 = 7200 MW & seleet suppliers by Jan 2010.
Pg. No. 186
· I don’t think so.
Pg. No. 189
· Current UPA govt. is planning to spend “several thousand crores” of Rupees to upgrade Industrial Training Institutes (ITI) for teching “Trades / Skills”.
Pg. No. 191
· I visited Agra shoe factories, sometime around 1987/88, and saw 5/6 year pld children working for 12 hours a day! I don’t think, situation is very different today – 20 yrs. later!
· With rapidly population (15/18 mill / yr), there just wasn’t enough money to address all problems adequately and simultaneously!! It was always a “trade-off”. Things aren’t very different today. Even today, in villages, 60% of the schools have only 1 teacher!
Pg. No. 192
· Correct answer: - they don’t have money to send their cheir chidren to private schools.
Pg. No. 193
· 25% absenteeism
Pg. No. 209
· 900 died on 11th July 2004?
Pg. No. 219
· If is not much different today.
Pg. No. 220
· During first job with MIDCO, I stayed at
· Few weeks with Shantibhai Zatakia
· Few weeks in empty apartment of Dr. K. U. Zatakia
· Few months in SODALITY HOVSE at Byculla
· Few months at Apollo Hotel behind Eros Theatre
Pg. No. 221
· Today’s newspaper talks about 18 open manholes on ½ km stretch of Marol-Maroshi Road.
Pg. No. 222
· All
Pg. No. 228
· Got killed in a helicopter crash, 2 months back.
Pg. No. 235
· 400 km year!
Pg. No. 239
· It is still the same today.
Pg. No. 240
· 27 yrs!
Pg. No. 242
· It is the same story for last 10 plans of 5 yr. each! 50% target achievement!!
Pg. No. 246
· I believe only 50% complete after 20 yrs
Pg. No. 249
· New Railway Minsster, Mamata Banerjee says, this a “cooked-up” figure!
Pg. No. 250
· The only exception
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