Re: Re: [MTC Global] Fw: Why India’s Economy Is Stumbling

Dear Sir, There is a tendency to blame the Labor Laws for the ills bedeviling Manufacturing. I think, this is short sighted, because it sees the recalcitrance of the workers as a major stumbling block. The labor laws have evolved after a long history of exploitation. At first, it was believed that it was because of the social structure which encouraged exploitation, then it was Marx who revealed that it was the evolution of the capitalist or the free economy that created condition for exploitation. Now, after the collapse of communism in the old Soviet Union, it is recognized that the State control of the economy is no guarantee for the exploitation of the labor.
The way labor laws have evolved is thru a series of negotiations between the Unions and the Manufacturers and also between the Unions and the Government.
Even now it is felt that the Govts of the day are made and run by the Capitalists and Big Business and this combination make a case for repealing the labor laws to achieve progress. This is just a mirage.
Long ago, Gandhiji realized that it was also the responsibility of the Big Business to care for the labor in their factories and establishment in a fair and just manner. This he called as the Principle of Trusteeship.

On the other side, our socialist leaning Govt went overboard and created conditions for irresponsible labor behavior by granting all kinds of rights that are now being exploited by the Big Labor for shirking work, demanding high wages and going on strikes on flimsy excuses.
There is thus need for a balance between the three main constituents of the economy Labor, Business and the Govt.
Best Regards,
K.Paranjpe

On Sat, 31 Aug 2013 22:12:15 +0530 wrote
> Hi all friends

I totally agree with the statement that Development takes place only if it was possible to bypass it.

Our Indian Labour Laws are all outdated, not friendly to Employees and Employers. Time has come to the Government to have a Look at replacing these old provisions of the Labour Laws.

R. Nagarajan, ACS, LLM
Associate Professor
Vels University
Chennai

I


From: Vijay Kane
To:
join_mtc@googlegroups.com
Sent: Saturday, 31 August 2013, 20:56
Subject: Re: [MTC Global] Fw: Why India's Economy Is Stumbling

Very interesting observationsIn retrospect [unfortunately only in retrospect ] some reasons are obvious
Development took place in areas where it was possible to bypass the structural problems.

for example --1] Our labor law reforms -- We have a very large pool of low skilled labor. but it is "guarded by archaic laws which presume that labor and managementare enemies of each other"
a] IT sector progressed as it was not hampered by these archaic laws.Imagine where would be IT sector if shackled by these lawsb] Manufacturing sector succeeded partially by using contract labor and partially by mechanizing low skill jobs

2] Another big stumbling block -- Lack of availability consistent electric power -- To some extent it was bypassed by captive power generation to fill the gaps.,I was amazed to read that majority of mobile towers - there are literally thousands of them -- use diesel generators [ consuming colossal amount of diesel]
Also by extensive use of "third shift " which is supposed to be used for contingencies only
There are other blocks --- I am not knowledgeable enough to comment on them - how ever things might not be much different.

Progress took place in spite of government.Government did its best to squander the generated surplus [ rather than reinvesting for productive purpose]for political gains

V A KaneAssociate prof Mech EnggMarathawada Inst Of TechAurangabadMaharashtra




On Sat, Aug 31, 2013 at 12:08 PM, Satish Oberoi wrote:

















From: T.S. Krishnamoorthy










August
30, 2013

Why
India's Economy Is Stumbling
By
ARVIND SUBRAMANIAN





WASHINGTON — FOR the past three decades, the Indian economy has grown
impressively, at an average annual rate of 6.4 percent. From 2002 to 2011, when
the average rate was 7.7 percent, India seemed to be closing in on China —
unstoppable, and engaged in a second "tryst with destiny," to borrow Jawaharlal
Nehru's phrase. The economic potential of its vast population, expected to be
the world's largest by the middle of the next decade, appeared to be unleashed
as India jettisoned the stifling central planning and economic controls
bequeathed it by Mr. Nehru and the nation's other socialist
founders.



Enlarge This Image


Karen Barbour



Related


Rupee
Drops, and Outlook Grows Darker for India (August 31,
2013)






But India's
self-confidence has been shaken. Growth has slowed
to 4.4 percent a year; the rupee is in free fall, resulting in higher prices for
imported goods; and the specter of a potential crisis, brought on by rising
inflation and crippling budget deficits, looms.
To some extent, India has been just another victim of the ebb and flow of
global finance, which it embraced too enthusiastically. The threat (or promise)
of tighter monetary policies at the Federal Reserve and a resurgent American
economy threaten to suck capital, and economic dynamism, out of many
emerging-market economies.
But India's problems have
deep and stubborn origins of the country's own making.
The current government,
which took office in 2004, has made two fundamental errors. First, it assumed
that growth was on autopilot and failed to address serious structural problems.
Second, flush with revenues, it began major redistribution programs, neglecting
their consequences: higher fiscal and trade deficits.
Structural problems were inherent in India's unusual model of economic
development, which relied on a limited pool of skilled labor rather
than an abundant supply of cheap, unskilled, semiliterate labor. This meant that
India specialized in call centers, writing software for European companies and
providing back-office services for American health insurers and law firms and
the like, rather than in a manufacturing model. Other economies that have
developed successfully — Taiwan, Singapore, South Korea and China — relied in
their early years on manufacturing, which provided more jobs for the
poor.
Two decades of double-digit growth in pay for skilled
labor have caused wages to rise
and have chipped away at India's competitive advantage. Countries like the
Philippines have emerged as attractive alternatives for outsourcing.
India's higher-education system is not generating enough talent to meet the
demand for higher skills. Worst of all, India is failing to make full use of the estimated
one million low-skilled workers who enter the job market every
month.
Manufacturing
requires transparent rules and reliable infrastructure. India is deficient in
both. High-profile scandals over the
allocation of mobile broadband spectrum, coal and land have undermined
confidence in the government. If land cannot be
easily acquired and coal supplies easily guaranteed, the private sector will shy
away from investing in the power grid. Irregular electricity holds back
investments in factories.
India's panoply of
regulations, including inflexible labor laws, discourages companies from
expanding. As they grow, large Indian businesses prefer to substitute
machines for unskilled labor. During China's three-decade boom (1978-2010),
manufacturing accounted for about 34 percent of China's economy. In India, this
number peaked at 17 percent in 1995 and is now around 14 percent.
In fairness, poverty has sharply declined over the last three decades, to
about 20 percent from around 50 percent. But since the greatest beneficiaries
were the highly skilled and talented, the Indian public has demanded that growth
be more inclusive. Democratic and competitive politics have compelled
politicians to address this challenge, and revenues from buoyant growth provided
the means to do so.
Thus, India provided guarantees of rural employment and kept up subsidies
to the poor for food, power, fuel and fertilizer. The subsidies consume as much
as 2.7 percent of gross domestic product, but corruption and inefficient
administration have meant that the most needy often don't reap the
benefits.
Meanwhile, rural
subsidies have pushed up wages, contributing to double-digit inflation.
India's
fiscal deficit amounts to about 9 percent of gross domestic product (compared
with structural deficits of around 2.5 percent in the United States and 1.9
percent in the European Union). To hedge against inflation and general
uncertainty, consumers have furiously acquired gold, rendering the country
reliant on foreign capital to finance its trade
deficit.
Economic stability can be
restored through major reforms to cut inefficient spending and raise taxes,
thereby pruning the deficit and taming inflation. The economist Raghuram
G. Rajan, who just left the University of Chicago to run India's central bank,
has his work cut out for him. So do Prime Minister Manmohan Singh, also an
economist, and the governing party, the Indian National Congress. These steps
need not come at the expense of the poor. For example, India is implementing an
ambitious biometric identification scheme that will allow targeted cash
transfers to replace inefficient welfare programs.
India can still become a
manufacturing powerhouse, if it makes major upgrades to its roads, ports and
power systems and reforms its labor laws and business regulations. But
the country is in pre-election mode until early next year. Elections increase
pressures to spend and delay reform. So India's weakness and turbulence may
persist for some time yet.

Arvind Subramanian, a senior fellow at both the Peterson Institute
for International Economics and the Center for Global
Development, is the author of "Eclipse: Living in the Shadow of China's
Economic Dominance."














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RE: [MTC Global] Fw: Why India's Economy Is Stumbling

A recent study has come out which states that non-development of railways in terms of replacement of diesel engines with electrical engines, new tracks , electrification, fast speed trains, rationalization of fairs instead of loading goods tariff making it uncompetitive in comparison to road transport, resulting in massive development of road transport pushed the consumption of petroleum which is main source of drain on our foreign exchange earnings. Lack of respectable and fast public transport pushed people towards using cars and two wheelers even at a higher cost. Situation seems to be going from bad to worst. Unless there is a control on import and consumption of petroleum (whichever way you do) no amount of so called reforms are going to help.

Regards

Virendra Goel

 

From: join_mtc@googlegroups.com [mailto:join_mtc@googlegroups.com] On Behalf Of Vijay Kane
Sent: Saturday, August 31, 2013 8:56 PM
To: join_mtc@googlegroups.com
Subject: Re: [MTC Global] Fw: Why India’s Economy Is Stumbling

 

Very interesting observations

In retrospect [unfortunately only in retrospect ] some reasons are obvious

 

Development took place in areas where it was possible to bypass the structural problems.

 

for example --

1] Our labor law reforms  -- We have a very large pool of low skilled labor. but it is "guarded by archaic laws which presume that labor and management

 are enemies of each other" 

a] IT sector progressed as it was not hampered by these archaic laws.

Imagine  where would be IT sector if  shackled by these   laws

b] Manufacturing sector succeeded partially by using contract labor and partially by mechanizing low skill jobs

 

2] Another big stumbling block -- Lack of availability   consistent electric power -- To some extent it was bypassed by captive power generation to fill the gaps.,

I was amazed to read that majority of mobile towers - there are literally thousands of them --   use diesel generators [ consuming colossal amount of  diesel] 

Also by extensive use of "third shift " which is supposed to be used for contingencies only 

 

There are other blocks  --- I am not knowledgeable enough to comment on them  - how ever things might not be much different.

 

Progress took place in spite of government. Government did its best to squander the generated surplus [ rather than reinvesting for productive purpose]

  for political gains

 

V A Kane

Associate prof Mech Engg

Marathawada Inst Of Tech

Aurangabad

Maharashtra

 

 

 

 

On Sat, Aug 31, 2013 at 12:08 PM, Satish Oberoi <oberoi50@yahoo.com> wrote:

 

 

 

 

The New York Times

August 30, 2013

Why India’s Economy Is Stumbling

By ARVIND SUBRAMANIAN
 
WASHINGTON — FOR the past three decades, the Indian economy has grown impressively, at an average annual rate of 6.4 percent. From 2002 to 2011, when the average rate was 7.7 percent, India seemed to be closing in on China — unstoppable, and engaged in a second “tryst with destiny,” to borrow Jawaharlal Nehru’s phrase. The economic potential of its vast population, expected to be the world’s largest by the middle of the next decade, appeared to be unleashed as India jettisoned the stifling central planning and economic controls bequeathed it by Mr. Nehru and the nation’s other socialist founders.

 

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0 comments

Re: Tumansang on perjury with the illegal Southern Cameroon stuff Re: [camnetwork] How Southern Cameroons lost 300 billion dollars due to ignorance of La Republique du Cameroun


And who told you Southern Cameroons is illegal?You must be out of your mind. The ICJ clearly stated that Bakassi is in Southern Cameroons, you fool. If it were not then where is it? In the air? Or in LRC? Do they speak French in Bakassi or you are deluded into thinking that it is part of FranceAfrque. Anyway, do you speak or write French at all?

This is what happens when functional illiterates and Liars jump into discussions they have no intellectual capacity to understand or engage or both. Listen here, go complete your O Levels in at least 4 subject (including English and French)before coming here spreading 5th rate information and blatant lies.



From: Jonathan Fru <jonathan_light2000@yahoo.com>
To: "camnetwork@yahoogroups.com" <camnetwork@yahoogroups.com>; "ambasbay@googlegroups.com" <ambasbay@googlegroups.com>; "cameroon_politics@yahoogroups.com" <cameroon_politics@yahoogroups.com>
Cc: "cpcbali@yahoogroups.com" <cpcbali@yahoogroups.com>; "mwananchi@yahoogroups.com" <mwananchi@yahoogroups.com>; "naijaobserver@yahoogroups.com" <naijaobserver@yahoogroups.com>; "cameroons_sdf_party@yahoogroups.com" <cameroons_sdf_party@yahoogroups.com>; "cameroonianjournalists@yahoogroups.com" <cameroonianjournalists@yahoogroups.com>; "camnetwork@yahoogroups.com" <camnetwork@yahoogroups.com>; "CameroonGroup@yahoogroups.com" <CameroonGroup@yahoogroups.com>
Sent: Saturday, 31 August 2013, 22:37
Subject: Tumansang on perjury with the illegal Southern Cameroon stuff Re: [camnetwork] How Southern Cameroons lost 300 billion dollars due to ignorance of La Republique du Cameroun


 Dr Martin Tumansang

Did the ICJ court document mention anything about  your illusionary Southern Cameroon? Why do you attribute your argument to Southern Cameroon, which is illegal and does not exist  on a  legal cycle within the International law?  You are supposed to post an amendment in court  to make any legal changes before talking about a Southern Cameroon otherwise, you just committed perjury.

You definitely need to participate in the litigation and arbitration conference/seminar organized by your superiors in London because you constantly demonstrate lack of knowledge in leitigation and arbitration because like many other Cameroonian lawyers who are used to verbosity and circumlocution rather than to effective litigation and arbitration , your case like selling after the market. For this reason, what do you intent to accomplish?

Firstly, when the ICJ case between Nigeria and Cameroon over Bakassi was ongoing, you were fully aware of the litigation process but in the same manner that you have confused yourself, you  jumbled up words and sentences that made no sense . At the end , after a Judgement has been established, here comes the kangaroo lawyer with a notion about Southern Cameroon!

The court documents bearing depositions tabled before  the Judges  did not state that the case was Nigeria verses Southern Cameroon. It was clear that the case concerns Cameroon and Nigeria over Bakassi being the bone of contention. It was Cameroon that laid claim of owenership over Bakassi and not Southern Cameroon. Therefore,  you are committing perjury by lying to the contrary

I strongly recommend you, Dr Tumansang Martin  and other kangaroo lawyers on international matters to seriously make yourselves available for the seminar planned to hold in London. It might be helpful to you because you are indulged in some illegal practices that can land you into jail for a long time

You are propagating a doctrine of Southern Cameroon that is irrelevant and illegal
You encourage censorship of free speech etc

You're simply NUTS, Tumansang ,which means confused and misguided by lack of knowledge on litigation and arbitration.

You have a golden opportunity to learn at the London Seminar in order to change . Until then, you 'll be charged with perjury.

Thank you 


Jonathan Awasom 
The voice for Cameroon, Africa and the world in the 21st century
The Rally-cry for freedom, justice, peace ,democracy and prosperity for all
Empowering humanity to build a virtuous and free world for the beloved global village
 


From: Tumasang Martin <tumasangm@hotmail.com>
To: "camnetwork@yahoogroups.com" <camnetwork@yahoogroups.com>; "ambasbay@googlegroups.com" <ambasbay@googlegroups.com>; "cameroon_politics@yahoogroups.com" <cameroon_politics@yahoogroups.com>
Sent: Saturday, August 31, 2013 8:27 AM
Subject: [camnetwork] How Southern Cameroons lost 300 billion dollars due to ignorance of La Republique du Cameroun

 
How Southern Cameroons lost 300 billion dollars worth of oil due to ignorance of La Republique du Cameroun
 
Tumasang Martin
 
In the Maritime delimitation section of the Cameroon/Nigeria case, La Republique du Cameroun was totally confused. It did not understand both the surveying and the law and all what it was saying was serially REJECTED by the ICJ and all the relevant sea area/oil given to Nigeria hence based on advice from Ajibola, Nigeria quickly accepted the judgment "for Nigeria had won the economy fight whilst Cameroon won the political fight by having Bakassi with little attached to it". Over 300 billion dollars of oil worth given to Nigeria because Cameroon was applying the wrong law and principles in the ICJ. Below is the relevant section of the judgement concerning the sea where the oil is.

291. In the present case the Court cannot accept Cameroon's contention, on the one hand, that account should be taken of the coastline of the Gulf of Guinea from Akasso (Nigeria) to Cap Lopez (Gabon) in order to delimit Cameroon's maritime boundary with Nigeria, and, on the other, that no account should be taken of the greater part of the coastline of Bioko Islland. First, the maritime boundary between Cameroon and Nigeria can only be determined by reference to points on the coastlines of these two States and not of third States. Secondly, the presence of Bioko makes itself felt from Debundsha, at the point where the Cameroon coast turns south-south-east. Bioko is not an island belonging to either of the two Parties. It is a constituent part of a third State, Equatorial Guinea. North and east of Bioko the maritime rights of Cameroon and Equatorial Guinea have not yet been determined. The part of the Cameroon coastline beyond Debundsha Point faces Bioko. It cannot therefore be treated as facing Nigeria so as to be relevant to the maritime delimitation between Cameroon and Nigeria (see below, p. 444, sketchmap No. 1 1).

292. Once the base points have been established in accordance with the above-mentioned principles laid down by the Court in the case concerning Maritime Delimitation and Territorial Questions between Qatar and Bahrain (Qatar v. Buhrain), it will be possible to determine the equidistance line between the relevant coastlines of tlie two States. As the Court has already had occasion to explain, this equidistance line cannot be extended beyond a point where it might affect rights of Equatorial Guinea. This limitation on the length of the equidistance line is unavoidable, whatever the base points used. In the preseiit case the Court has determined that the Land-based anchorage points to be used in the construction of the equidistance line are West Point and East Point, as determined on the 1994 edition of British Admiralty Chart 3433. These two points, situated respectively at 8" 16'38" longitude fast and 4" 31'59" latitude north and 8" 30' 14" longitude east and 4" 30'06" latitude north, correspond to the most southerly points on the low-water line for Nigeria and Cameroon to either side of the bay formed by the estuaries of the Akwayafe and Cross Rivers. Given the configuration of the coastlines and the limited area vvithin which the Court has jurisdiction to effect the delimitation, no other base point was necessary for the Court in order to undertake this operation.
 
293. The Court will now consider whether there are circumstances that might make it necessary to adjust this equidistance line in order to achieve an equitable result. As the Court stated in the Continental Shelf (Libyan Arab Jamahiriya/ Malta) case: "the equidistance method is not the only method applicable to the present dispute, and it does not even have the benefit of a presumption in its favour. Thus. under existing law. it must be demonstrated that the equidistance method leads to an equitable result in the case in question." (I. (2 J. Reports 1985, p. 47, pars. 63.)

294. The Court is bound to stress in this connection that delimiting with a concern to achieving an equitable result, as required by current international law, is not the same as delimiting in equity. The Court's jurisprudence shows that, in disputes relating to maritime delimitation, equity is not a method of delimitation, but solely an aim that should be borne in mind in effecting the delimitation.

295. The geographical configuration of the maritime areas that the Court is called upon to delimit is a given. It is not an element open to by the Court but a fact on the basls of which the Court must effect the delin-iitation. As the Court had occasion to state in the North Sea Continental Sheif cases, "[elquity does not necessarily imply equality", and in a delimitation exercise "[tlhere can never be any question of completely refashioning nature" (I. C. J. Reports 1969, p. 49, para. 91). Although (certain geographical peculiarities of maritime areas to be delimited may be taken into account by the Court, this is solely as relevant circumstances, for the purpose, if necessary, of adjusting or shifting the provisional delimitation line. Here agaiii, as the Court decided in the North Sea Continental Shelf cases, the Court is not required to take all such geographical peculiarities into account in order to adjust or shift the provisional (delimitation line: "lt is therefore not a question of totally refashioning geography whatever the facts of the situation but, given a geographical situation of quasi-equality as between a number of States, of abating the effects of an incidental special feature from which an unjustifiable difference of treatment could result" (I.C.J. Reports 1969, p. 50, para. 9 1).

296. Cameroon contends that the concavity of the Gulf of Guinea in general, and of Carneroon's coastline in particular, creates a virtual enclavement of Came:roon, which constitutes a special circumstance to be taken into account iri the delimitation process. Nigeria argues that it is not for the Court to compensate Cameroon for any disadvantages suffered by it as a direct consequence of the geography of the area. It stresses that it is not the purpose of international law to refashion geography.

297. The Court does not deny that the concavity of the coastline may be a circumstance relevant to delimitation, as it was held to be by the Court in the North Sea Continental Shelfcases arid as was also so held by the Arbitral Tribunal in the case concerning the Delimitation of the Maritime Boundary between Guinea and Guineu-Bissau, decisions on which Cameroon relies. Nevertheless the Court stresses that this can only be the case when such concavity lies within the area to be delimited. Thus, in the GuineaiGuinea-Bissau case, the Arbitral Tribunal did not address the disadvantage resulting from the concavity of the Coast from a general viewpoint, but solely in connection with the precise course of the delimitation line between Guinea and Guinea.Bissau (ILM, Vol. 25 (1986), p. 295, para. 104). In the present case the Court has already determined that the coastlines relevant to delimitation between Cameroon and Nigeria do not include al1 of the coastlines of the two States within the Gulf of Guinea. The Court notes that the sectors of coastline relevant to the present delimitation exhibit no particular concavity. Thus the concavity of Cameroon':; coastline is apparent primarily in the sector where it faces Bioko. Consequently the Court does not consider that the configuration of the coastlines relevant to the delimitation represents a circumstance that would justify shifting the equidistance line as Canleroon requests.

298. Cameroon further contends that the pre,jence of Bioko Island constitutes a relevant circumstance which should be taken into account by the Court for purlposes of the delimitation. It ai gues that Bioko Island substantially reduces the seaward projection of C;rmeroon's coastline. Here again Nigeria takes the view that it is not for the Court to compensate Cameroon for any disadvantages sufferecl by it as a direct consequence of the geography of the area.

299. The Court accepts that islands have somt:times been taken into account as a relevant circumstance in delimitation when such islands lay within the zone to be delimited and fell under the sovereignty of one of the parties. This occilrred in particular in the case concerning the Delimitation of the Continental Shelf between the United Kingdom of Great Britain and Northern Irelandand tlze French Republic (RIAA, Vol. XVIII, p. 3), on which Cameroon relies. However, in that case, contrary to what Cameroon contends. the Court of Arbitration sought to draw a delimitation line and not to provide equitable compr:nsation for a natural inequality.

In the present case Bioko Island is subject to the sovereignty of Equatorial Guinea, a State which is not a party to the proceedings. Consequently the effect of Bioko Island on the seaward projection of the Cameroonian coastal front is an issue between Caineroon and Equatorial Guinea and not between Cameroon and Nigeria, and is not relevant to the issue of delimitaition before the Court. The Court does not therefore regard the presence of Bioko Island as a circumstance that would justify the shifting of tlie equidistance line as Cameroon claims.

300. Lastly, Cameroon invokes the disparity between the length of its coastline and that of Nigeria in the Gulf of Guinea as a relevant circumstance that justifies shifting the delimitation line towards the north-west. For its part, Nigeria considers that Cameroon fails to respect the criteria of proportioriality of coastline length, which would operate rather in Nigeria's favour.

301. The Court acknowledges, as it noted in the cases concerning Delimitation of the Maritime Boundary in the Gulf of Maine Area (Canada/United States of America) (I. C. J. Reports 1984, p. 336, paras. 221-222) and Maritime Delimitation in th,. Area between Greenland and Jan Mayen (Denmark v. Norway) (I.C.J. Reports 1993, p. 34, para. 68), that a substantial difference in the lengths of the parties' respective coastlines may be a factor to be taken into consideration in order to aldjust or shift the provisional delimitation line. The Court notes that in the present case, whichever coastline of Nigeria is regarded as relevant., the relevant coastline of Cameroon, as described in paragraph 291, is not longer than that of Nigeria. There is therefore no reason to shift the equidistance line in favoui. of Cameroon on this ground.

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Re: [ACEsthetics] ND- my 7th grade daughter didn't make the "all pretty" list on her 4th day at her new school

Thanks for posting that, Bob.  Very important and and poignant.

Daniela


On Fri, Aug 30, 2013 at 12:02 AM, Bob Perkins <turkeysturkeys@gmail.com> wrote:
About 2 weeks ago I got this sent to me by a friend.  I made my kids listen to me read this.  It is very poignant.  It relates to the topic of kindness and consideration that we have touched on in this post.  It is from a graduation speech given this year at Syracuse University by a writer named George Saunders.  For those who take the minute or so to read this excerpt, I think you will find something very memorable. 

Of course, my daughter has had nothing but positives in her life.  She has great friends at every turn.  This article has no parallels with her but it is very pertinent in light of what Kelly and Kathleen and others have said:

Here is the excerpted version:

  • "Failures of Kindness"


    "So: What do I regret? Being poor from time to time? Not really. Working terrible jobs, like "knuckle-puller in a slaughterhouse?" (And don't even ASK what that entails.) No. I don't regret that. Skinny-dipping in a river in Sumatra, a little buzzed, and looking up and seeing like 300 monkeys sitting on a pipeline, pooping down into the river, the river in which I was swimming, with my mouth open, naked? And getting deathly ill afterwards, and staying sick for the next seven months? Not so much. Do I regret the occasional humiliation? Like once, playing hockey in front of a big crowd, including this girl I really liked, I somehow managed, while falling and emitting this weird whooping noise, to score on my own goalie, while also sending my stick flying into the crowd, nearly hitting that girl? No. I don't even regret that.

    But here's something I do regret:

    In seventh grade, this new kid joined our class. In the interest of confidentiality, her Convocation Speech name will be "ELLEN." ELLEN was small, shy. She wore these blue cat's-eye glasses that, at the time, only old ladies wore. When nervous, which was pretty much always, she had a habit of taking a strand of hair into her mouth and chewing on it.

    So she came to our school and our neighborhood, and was mostly ignored, occasionally teased ("Your hair taste good?" – that sort of thing). I could see this hurt her. I still remember the way she'd look after such an insult: eyes cast down, a little gut-kicked, as if, having just been reminded of her place in things, she was trying, as much as possible, to disappear. After awhile she'd drift away, hair-strand still in her mouth. At home, I imagined, after school, her mother would say, you know: "How was your day, sweetie?" and she'd say, "Oh, fine." And her mother would say, "Making any friends?" and she'd go, "Sure, lots."

    Sometimes I'd see her hanging around alone in her front yard, as if afraid to leave it.

    And then – they moved. That was it. No tragedy, no big final hazing.

    One day she was there, next day she wasn't.

    End of story.

    Now, why do I regret that? Why, forty-two years later, am I still thinking about it? Relative to most of the other kids, I was actually pretty nice to her. I never said an unkind word to her. In fact, I sometimes even (mildly) defended her.

    But still. It bothers me.

    So here's something I know to be true, although it's a little corny, and I don't quite know what to do with it:

    What I regret most in my life are failures of kindness.

    Those moments when another human being was there, in front of me, suffering, and I responded…sensibly. Reservedly. Mildly.

    Or, to look at it from the other end of the telescope: Who, in your life, do you remember most fondly, with the most undeniable feelings of warmth?

    Those who were kindest to you, I bet.

    It's a little facile, maybe, and certainly hard to implement, but I'd say, as a goal in life, you could do worse than: Try to be kinder.

    So let me just say this. There are ways. You already know that because, in your life, there have been High Kindness periods and Low Kindness periods, and you know what inclined you toward the former and away from the latter. Education is good; immersing ourselves in a work of art: good; prayer is good; meditation's good; a frank talk with a dear friend; establishing ourselves in some kind of spiritual tradition – recognizing that there have been countless really smart people before us who have asked these same questions and left behind answers for us.

    So, quick, end-of-speech advice: Since, according to me, your life is going to be a gradual process of becoming kinder and more loving: Hurry up. Speed it along. Start right now. There's a confusion in each of us, a sickness, really: selfishness. But there's also a cure. So be a good and proactive and even somewhat desperate patient on your own behalf – seek out the most efficacious anti-selfishness medicines, energetically, for the rest of your life.

    Do all the other things, the ambitious things – travel, get rich, get famous, innovate, lead, fall in love, make and lose fortunes, swim naked in wild jungle rivers (after first having it tested for monkey poop) – but as you do, to the extent that you can, err in the direction of kindness. DO THOSE THINGS THAT INCLINE YOU TOWARD THE BIG QUESTIONS, AND AVOID THE THINGS THAT WOULD REDUCE YOU AND MAKE YOU TRIVIAL. That luminous part of you that exists beyond personality – your soul, if you will – is as bright and shining as any that has ever been. Bright as Shakespeare's, bright as Gandhi's, bright as Mother Theresa's. Clear away everything that keeps you separate from this secret luminous place. Believe it exists, come to know it better, nurture it, share its fruits tirelessly.


    Congratulations, Class of 2013.

    I wish you great happiness, all the luck in the world.



On Thu, Aug 29, 2013 at 8:49 PM, Craig Harder <craig@moseslakedentist.com> wrote:
My son is 22...has just started to show a glimmer of change :)

Craig Harder, DDS



On Aug 29, 2013, at 8:41 PM, "Kathleen Carson, DDS" <drcarson@westlakedentalarts.com> wrote:

7th grade boys are idiots in general when it comes to girls. At what age does that change?  Just asking ;)

Kathleen Carson, DDS
Sent from my iPhone

On Aug 29, 2013, at 6:04 PM, Bob Perkins <turkeysturkeys@gmail.com> wrote:

When I heard this from my wife I dreaded coming home.  I heard my daughter was taking this hard.  She carpools with (3) girls and they finished 1,2,3 (apparently) among the 7th grade boy judges.  It was circulated on the email or whatever.  That can be devastating at that age.  I came home and found her to be chatting online with a boy at her school.  I was ready for tears but my daughter was o.k..

I would feel sad for anyone who was "rated" in 7th grade by their looks.

I employed my 15 year old son (who is very popular) to lessen the blow and give her some encouragement.

My daughter is super amazing..not just saying that.  She is going to be more successful than me, for sure!  She is cute enough for me.

She is on the far right. 

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Bob S. Perkins D.D.S.
www.smilesinmalibu.com

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Re: [MTC Global] Fw: Why India’s Economy Is Stumbling

Our development happened totally because of the lack of ignorance of the government in areas of growth. Here are some examples. 

1.  The explosion in IT Exports happened because of a unique coincidence of Y2k and the ability of the work to be done remotely using Indian software factories which require specific skills. the ability to scale was provided through remote connectivity using dedicated lines. Ironically the 1990 crisis lead to focus on exports. With available right talents, scale and competencies using process skills it was possible. The Govt was clueless about this mostly, since there was no customs, or excise officials at the gate and also the STPI provisions kept away the army of Babus away from controls putting their ideas on these innovative companies. 

The booming software industry lead to growth of Housing industry, and related service industry. The trickle down effect can be felt in growth of Auto, Telecom, Hospitality, Insurance and Banking  and related service industry. 

Now services constitute more than 50% of the GDP a huge and radical shift.
 
Look what happened after the Y2k and outsourcing, there were regressive policies on Export processing zones, land use, MAT ( Minimum Altnerative Tax ), Service Tax on almost anything from Hotels, to construction, ( there are hardly a few left now which is not covered ).

Particularly in a country like India where the compliance rate is poor because of poor systemic issues, governance,, transparancy and the ever greedy Govts and Babus who are so obsessed with control and fiefdom resulted in driving any kind of appetite to start and run any kind of commercial profitable enterprises. This leads to a large private economy which runs on cash leading to more black markets and resulting in loss of revenue etc. 

Even the Govt had conceded that lower taxes has lead to better compliance and had resulted in more revenues. But the current issues is one of high taxes and poor governance  which is putting the economy at risk.

Lessons to be learnt :The lesser the Govt in business the better it is for every one. The more the exports better it is for Govt and economy. Unfortunately the policies are not conducive for any of these now. 

2.  Manufacturing Vs Imports 

The flood of cheap imports for various reasons has systematically killed anything usefully to be done or produced in India. The huge taxes on almost everything from Excise,, VAT, profession Tax, land Tax, non existent power and taxes on generating power thru DG are killing Industries. The recent last straw on the back is the Vision of the Govt thru the Land Acquisition Bill - which is going to make financial closure of big projects completely impossible.  

the CAD also clearly points to excessive imports of unwanted goods which needs to be curbed thru taxes and create barriers for their imports. 


Mouli




On Sat, Aug 31, 2013 at 9:51 PM, nagarajan rajagopal <nagaas786@yahoo.com> wrote:
Hi all friends

I totally agree with the statement that  Development takes place only if it was possible to bypass it.

Our Indian Labour Laws are all outdated, not friendly to Employees and Employers.  Time has come to the Government to have a Look at replacing these old provisions of the Labour Laws.

R. Nagarajan, ACS, LLM
Associate Professor
Vels University
Chennai

I



From: Vijay Kane <vijayakane@gmail.com>
To: join_mtc@googlegroups.com
Sent: Saturday, 31 August 2013, 20:56
Subject: Re: [MTC Global] Fw: Why India's Economy Is Stumbling

Very interesting observations
In retrospect [unfortunately only in retrospect ] some reasons are obvious

Development took place in areas where it was possible to bypass the structural problems.

for example --
1] Our labor law reforms  -- We have a very large pool of low skilled labor. but it is "guarded by archaic laws which presume that labor and management
 are enemies of each other" 
a] IT sector progressed as it was not hampered by these archaic laws.
Imagine  where would be IT sector if  shackled by these   laws
b] Manufacturing sector succeeded partially by using contract labor and partially by mechanizing low skill jobs

2] Another big stumbling block -- Lack of availability   consistent electric power -- To some extent it was bypassed by captive power generation to fill the gaps.,
I was amazed to read that majority of mobile towers - there are literally thousands of them --   use diesel generators [ consuming colossal amount of  diesel] 
Also by extensive use of "third shift " which is supposed to be used for contingencies only 

There are other blocks  --- I am not knowledgeable enough to comment on them  - how ever things might not be much different.

Progress took place in spite of government. Government did its best to squander the generated surplus [ rather than reinvesting for productive purpose]
  for political gains

V A Kane
Associate prof Mech Engg
Marathawada Inst Of Tech
Aurangabad
Maharashtra


 


On Sat, Aug 31, 2013 at 12:08 PM, Satish Oberoi <oberoi50@yahoo.com> wrote:



 
The New York Times
August 30, 2013

Why India's Economy Is Stumbling

By ARVIND SUBRAMANIAN

WASHINGTON — FOR the past three decades, the Indian economy has grown impressively, at an average annual rate of 6.4 percent. From 2002 to 2011, when the average rate was 7.7 percent, India seemed to be closing in on China — unstoppable, and engaged in a second "tryst with destiny," to borrow Jawaharlal Nehru's phrase. The economic potential of its vast population, expected to be the world's largest by the middle of the next decade, appeared to be unleashed as India jettisoned the stifling central planning and economic controls bequeathed it by Mr. Nehru and the nation's other socialist founders.
But India's self-confidence has been shaken. Growth has slowed to 4.4 percent a year; the rupee is in free fall, resulting in higher prices for imported goods; and the specter of a potential crisis, brought on by rising inflation and crippling budget deficits, looms.
To some extent, India has been just another victim of the ebb and flow of global finance, which it embraced too enthusiastically. The threat (or promise) of tighter monetary policies at the Federal Reserve and a resurgent American economy threaten to suck capital, and economic dynamism, out of many emerging-market economies.
But India's problems have deep and stubborn origins of the country's own making.
The current government, which took office in 2004, has made two fundamental errors. First, it assumed that growth was on autopilot and failed to address serious structural problems. Second, flush with revenues, it began major redistribution programs, neglecting their consequences: higher fiscal and trade deficits.
Structural problems were inherent in India's unusual model of economic development, which relied on a limited pool of skilled labor rather than an abundant supply of cheap, unskilled, semiliterate labor. This meant that India specialized in call centers, writing software for European companies and providing back-office services for American health insurers and law firms and the like, rather than in a manufacturing model. Other economies that have developed successfully — Taiwan, Singapore, South Korea and China — relied in their early years on manufacturing, which provided more jobs for the poor.
Two decades of double-digit growth in pay for skilled labor have caused wages to rise and have chipped away at India's competitive advantage. Countries like the Philippines have emerged as attractive alternatives for outsourcing. India's higher-education system is not generating enough talent to meet the demand for higher skills. Worst of all, India is failing to make full use of the estimated one million low-skilled workers who enter the job market every month.
Manufacturing requires transparent rules and reliable infrastructure. India is deficient in both. High-profile scandals over the allocation of mobile broadband spectrum, coal and land have undermined confidence in the government. If land cannot be easily acquired and coal supplies easily guaranteed, the private sector will shy away from investing in the power grid. Irregular electricity holds back investments in factories.
India's panoply of regulations, including inflexible labor laws, discourages companies from expanding. As they grow, large Indian businesses prefer to substitute machines for unskilled labor. During China's three-decade boom (1978-2010), manufacturing accounted for about 34 percent of China's economy. In India, this number peaked at 17 percent in 1995 and is now around 14 percent.
In fairness, poverty has sharply declined over the last three decades, to about 20 percent from around 50 percent. But since the greatest beneficiaries were the highly skilled and talented, the Indian public has demanded that growth be more inclusive. Democratic and competitive politics have compelled politicians to address this challenge, and revenues from buoyant growth provided the means to do so.
Thus, India provided guarantees of rural employment and kept up subsidies to the poor for food, power, fuel and fertilizer. The subsidies consume as much as 2.7 percent of gross domestic product, but corruption and inefficient administration have meant that the most needy often don't reap the benefits.
Meanwhile, rural subsidies have pushed up wages, contributing to double-digit inflation. India's fiscal deficit amounts to about 9 percent of gross domestic product (compared with structural deficits of around 2.5 percent in the United States and 1.9 percent in the European Union). To hedge against inflation and general uncertainty, consumers have furiously acquired gold, rendering the country reliant on foreign capital to finance its trade deficit.
Economic stability can be restored through major reforms to cut inefficient spending and raise taxes, thereby pruning the deficit and taming inflation. The economist Raghuram G. Rajan, who just left the University of Chicago to run India's central bank, has his work cut out for him. So do Prime Minister Manmohan Singh, also an economist, and the governing party, the Indian National Congress. These steps need not come at the expense of the poor. For example, India is implementing an ambitious biometric identification scheme that will allow targeted cash transfers to replace inefficient welfare programs.
India can still become a manufacturing powerhouse, if it makes major upgrades to its roads, ports and power systems and reforms its labor laws and business regulations. But the country is in pre-election mode until early next year. Elections increase pressures to spend and delay reform. So India's weakness and turbulence may persist for some time yet.
Arvind Subramanian, a senior fellow at both the Peterson Institute for International Economics and the Center for Global Development, is the author of "Eclipse: Living in the Shadow of China's Economic Dominance."
 


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