I don't think we are talking about comparison between the two countries. More important is leadership qualities that made Lee Luan Yew a successful leader.
Regards
Virendra Goel
From: join_mtc@googlegroups.com [mailto:join_mtc@googlegroups.com] On Behalf Of Dr. C S Adhikari, Dean Academics, ITM Kharghar
Sent: Tuesday, March 31, 2015 12:07 PM
To: join_mtc@googlegroups.com
Subject: Re: [MTC Global] SINGAPORE SCRIPTED SUCCESS STORY WITH TECHNOLOGY TRANSFER :
One must understand the fact that Singapore is a city state with a population of 5.47 million which is less than Banglore's population of 8.5 million and hence to compare the economic development of Singapore with the economic development of India is not fair. India's problems are very complex which are mix of advantages and disadvantages and there are many trade offs. Demographic dividend which is professed much touted advantage by many analysts could also turn out to be disaster if proper and diversified skills are not imparted to the huge young labor force as unemployment carries all the portents of unrest in the socio-economic milieu. Another grave problem we have is our low labour and capital productivity which is the by-product of inefficiency in our entire governance and more so in the public sector units and state government administration. Democracy have certain inherent flaws which result into slow growth as promulgation of certain acts are to be taken by the majority. The land acquisition bill and GST are two cases in point to substantiate this statement. Low productivity in agriculture production and marketing, lack of infrastructure, unemployability of our educated youth, income disparities, regional disparities, low tax GDP ratio, high cost of tax administration, low export competitiveness due to among others,high cost of electricity and poverty are some of the issues which are cause of concern to leapfrog the economy on a consistent basis.
Thanks,
CSAdhikari
On Tue, Mar 31, 2015 at 10:46 AM, Mr. Govind Autee <govind.autee@mit.asia> wrote:
Dear Sirs,
The economic transformation of Singapore over last seven decades, steered and guided by the legendary Lee Kuan Yew, happened almost during the same period when India also had got independence to explore the global market.
- The recent electoral mandate in India for development is a more immediate signal of Indians' desire for growth and for the benefits of growth to be extended to all members of society.
- Indian population would exceed China in next two decades; Young Indians, particularly members of the emerging middle and the middle class—a billion strong by 2034—have rising aspirations.
- We need to understand what it would take for India to increase its GDP by 9% per year to become a US$10trillion economy over the coming two decades;
- the nation needs to create 10-12m jobs every year, as per PWC estimates, in the coming decades to provide quality of life for its growing population,
"This transformation would involve, a big winning leap, breaking new ground by deploying solutions for rapid, sustainable, and resource-efficient growth; a play-to-win approach by young and growing nations seeking a radically different development path".
Thanks and regards,
G.S.Autee
From: join_mtc@googlegroups.com <join_mtc@googlegroups.com> on behalf of Dattaprasanna Marathe <dmmarathe@gmail.com>
Sent: Monday, March 30, 2015 7:55 PM
To: join_mtc@googlegroups.com
Subject: Re: [MTC Global] SINGAPORE SCRIPTED SUCCESS STORY WITH TECHNOLOGY TRANSFER :
Dear all
What about positions of responsibility held by relatives of Lee? Its a question of proper balance of democratic rights to the poorest citizen against development for some or all.
India in past has voted for democracy.
On Mar 30, 2015 2:39 PM, "Mr. Govind Autee" <govind.autee@mit.asia> wrote:
Dear Sir,
India, at the threshold of a Winning Leap our selves, driven by the belief that India can build
shared prosperity for its 1.25 billion citizens by transforming the way the economy creates
value, we stand inspired by memories of the great visionary, Lee Kuan Yew.
- Big Leap from per capita income of about $400 a year to $40,000...is simply an exemplary performance of master strategist, because of over six decades of leadership, a medium-size city has become a significant international and economic player.
G.S.Autee
From: join_mtc@googlegroups.com <join_mtc@googlegroups.com> on behalf of Ramesh Vemuganti <vemugantiramesh@gmail.com>
Sent: Monday, March 30, 2015 12:43 AM
To: ramesh vemuganti
Subject: [MTC Global] SINGAPORE SCRIPTED SUCCESS STORY WITH TECHNOLOGY TRANSFER :
Dear Alumni, Associates, Academics
Singapore ex Prime Minister Lee Kuan Yew, one of the greatest visionaries & nation builders, passed away recently. Following is a Case analysis of Singapore model of Technology Transfer.
LEE SCRIPTED SINGAPORE SUCCESS STORY WITH TECHNOLOGY TRANSFER :
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Singapore ex Prime Minister Lee Kuan Yew, singularly built up Singapore & made it a developed & technologically advanced country. Having catapulted Singapore to a per capita income of $38000 in 2015, Lee created history which can never be replicated easily.
How did he do it ?
British left Singapore in 50"s after the war. British forces used Singapore as a harbour for ship wrecks, building & repair ships. PM Lee was left with a few thousands of Chinese origin people & the only skill they had was ship repairing. He thought from various dimensions, went to Israel, Suez canal, visited African countries, found out how nations of such origin survived. Then, he started educating, skilling & training his people in various trades & occupations like machine operations, soldiering, english speaking, mech engg, assembly, other core skills etc.
THE TURNING POINT CAME WHEN HE UNDERSTOOD THAT SINGAPORE WAS STRATEGICALLY LOCATED IN ASEA. HE TRANSFORMED SINGAPORE INTO A REGIONAL SERVICES HUB, INVITED MNC"S TO SET UP OPERATIONS THERE, GAVE TOTAL SUPPORT & CONGENIAL ENVIRON, INVOLVED & ENGAGED THE SINGAPOREANS.
IN 1959, TEXAS INSTRUMENTS CAME, THEN, MOTOROLA, IBM, HP, GM, OTHERS FOLLOWED. ALL MNC"S HAVE A BASE OR MANUFACTURING UNIT OR REGIONAL OFFICE IN SINGAPORE TODAY. RIGHT FROM HP"S NOTEBOOKS TO IBM"S GLOBAL SERVICES TO SONY"S MOBILE TO GM"S CAR, IT IS MADE THERE TO CATER TO ASIAN COUNTRIES & MARKET.
In addition, Lee provided good governance, controlled corruption, encouraged small enterprises, low investments, compulsory savings,leveraged technologies & innovations, interfered in people"s lives, set up major world class Universities, tied up with several advanced nations, ensured they did the right things.
Technology Transfer in Singapore is an interesting case & part of the subjects Foundations of Technology Mgt, Tech Transfer Mgt, offered by Business Mgt dept, Osmania University for the MBA - Tech Mgt program. I am a Visiting Professor there since 2002.This is just one example, among the 200 plus - developments, concepts, models, methods - which are taught & deliberated in the unique course offered by OU , for working professionals & fresh grads..
MILLIONS OF TECHNOLOGIES & INNOVATIONS WERE TRANSFERRED INTO SINGAPORE FROM MNC"S & ADVANCED NATIONS, WHICH MADE IT AN ADVANCED ECONOMY.
regards
Ramesh Vemuganti
M - 9849590511
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