09/07/2008

Numbers and Reality

hi creators!
There is an ongoing debate on definitions, parameters and numbers . Specifically, when a country's progress is to be measured then we use terms like growth, sector growth, fiscal year etc. I will commnet on growth in India's "core" infrastructure.

The challenge is of defining the "core" sectors first by the government/economists. With time this list has to be transformed. Does this list actually reflect the "core" industries? If yes, why there is a comparison between corresponding period of last fiscal. Is this a true parameter for judgment? We really have to think over these fundamentals.

Can we include electricity as we know 45 % of our electricity produced is "T&D" losses? In reality stolen. Do we have a proper policy towards energy and utilization of available resources like coal and oil with the latest and more efficient technologies?

Lets think over these issues first, than getting bogged down by numbers defined by the past consumption patterns. Can we also include future forecasting, with proper Stats tools, rather than relying on past mathematical tools.
love !

03/03/2008

Tobacco & Whacko!

love!
Tobacco giants have suddenly become generous. Notice there recent years philanthropy. Quit smoking!! Youth de-addiction in developed countries ( or more appropriately, where the tobacco companies were taken to task by the courts) .

Now look at these statements :

1) “Nothing is more important than our commitment to integrity – no financial
objective, no marketing target, no effort to outdo the competition… Our commitment to integrity must always come first." Chairman & CEO of Altria Group


2) “Global deaths due to smoking-related illnesses will nearly double by 2020, to 9 million,
with more than three-quarters of them in the developing world.” – World Health
Organization

The funniest yet most disturbing thing to look at is "Altria". whats Altria ? A background : After the slues of cases were filed in US and Europe, Philip Morris the largest tobacco giant in the world ( hence, presumably directly or indirectly responsible for smoking related deaths) changed its parent company's name to Altria , to save itself from the negative impact of image of tobacco related business and heavy criticism. Altria's revenue was $90billion !

Philip Morris then turned its head and marketing strategy towards developing countries, with 930 million of 1.3 billion of total world population. Ahh! that makes sense ! Targeting the new ( mostly young) customers with increasing purchasing power.

Besides these the company has a history of opposing organized labour. That's so lovely, mr. chairman, specially talking about integrity .

So my friends ! this is just one of the stories of one of the big corporates in the world. there are many like Philip Morris whom we knowingly and mostly unknowingly endorse .

Think before singing praises about these companies ( just because they have money, specially relevant to most "intellectual India ", your son or daughter maybe the bull's eye.

cheers pk