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2016 Hiranandani Estate Marathon on 14 February 2016 Sunday
I walked 10 kilometres along with the registered participants.
Three faculty members from NITIE participated. Sachin Kamble, Shankar Murthy, and Som Sekhar Battacharya in half marathon. The family of Lucky Singh participated in half marathon. The family of Rajendra Bhatt, participated one in half marathon, one in 10 K race and one in 4K.
Many of the participants were quiet thrilled with their completing half marathon in around 2 hours.
9 December 2012
A half marathon and associated 10 Km, 5Km and children's race were organized in Hiranandani Estate Thane on 9 December 2012. This is the first time this race was organized in the estate and there was enthusiastic response from the residents.
The half marathon started at 6.15 am. The other races started at 7.30 pm.
It is noteworthy that some ladies participated and completed the half marathon.
Dr Meenakshi a resident of the estate got the first prize in half-marathon race.
While I did not participate in the race officially, I went at 7.30 am and walked for a quarter marathon.
The organizers made a good marking of 5 Km inside the estate itself.
Starting at Hiranandani Circle (Arcadia circle) - Go up to Goldcroft building - 400 mt - take a u-turn
Come back to Hiranandani circle and take a left turn. go up to Spenta building - 1.3 Km - Take a u-turn.
Come back to Hiranandani circle and take a left turn - go up to estate main gate - Take a u-turn.
Come up to Hiranandani circle take a left turn - go up to the end of estate road - take a right turn - Go up to Crown building - take a u-turn
Come back on the road - a take a left turn - On the main road at club house take a left turn. Go up to the end of the road - take a U-turn
Come back to the club house and take a left turn - Reach the Hiranandani circle - 5 Km complete.
The half marathoners have to make four full rounds and some more distance after the fourth round.
Reducing the Waste of Time, Resources and Energy of Enterpreneurs in Starting a Business
Re-engineering Business Startup Process - Role of Productivity Specialist and Industrial Engineers
For an economy’s success or failure, the nuts and bolts that hold the economy together and the plumbing that underlies the economy are also an important contrbuting variables.
The laws that determine how easily a business can be started and closed, the efficiency with which contracts are enforced, the administration process pertaining to a variety of activities—such as getting permits for electricity and doing the paperwork for exports and imports—are all examples of the nuts and bolts. Their malfunctioning can thwart an economy’s progress and make policy instruments, such as good fiscal and monetary policies, less effective.
Creating an efficient and inclusive ethos for enterprise and business is in the interest of all societies. An
economy that facilitates entrepreneurship and creativity among individuals, and provides an enabling
atmosphere for people to realize their full potential, can enhance living standards and promote growth and
shared prosperity.
After decades of debate there is now some convergence in economics about the roles of the market and the state. To leave everything to the free market can lead to major economic malfunction and elevated levels of poverty. Moreover, there is a logical mistake that underlies the market fundamentalist philosophy. To argue that individuals and private businesses should have all the freedom to pursue what they wish and that government should not intervene overlooks the fact that government is nothing but the outcome of individual actions. Hence the edict is internally inconsistent. Fortunately, market fundamentalism has, for the
most part, been relegated to the margins of serious policy discourse.
Turning to the other extreme, it is now widely recognized that to have the state try to do it all is a recipe for economic failure and cronyism. In any national economy there are too many decisions to be made, and too great a variety of skills and talents scattered through society, for any single authority to take effective charge.
It i now agreed that government should intervene in the market to help the disadvantaged, to keep inequality within bounds, to provide public goods and to create correctives for market failures such as those stemming from externalities, information asymmetries and systemic human irrationalities. Government also has the
critical responsibility to provide a nimble regulatory setup that enables ordinary people to put their skills and talents to the best possible use and facilitates the smooth and efficient functioning of businesses and markets.
Promoting a well-functioning, competitive private sector is a major undertaking for any government, especially for one with limited resources and technical capabilities. It requires long-term
comprehensive policies targeting macroeconomic stability; investment in infrastructure, education and health; and the building of technological and entrepreneurial capacity. A well-functioning political system—one in which the government is perceived to be working in the public interest while managing scarce and creativity—both of which are within the power of governments to do—can set an economy on the path to greater
prosperity and development. There is compelling evidence that excessively burdensome regulations can lead to large informal and less-productive sectors, less entrepreneurship and lower rates of employment and growth.
ƒ Doing Business measures business regulations that affect domestic small and medium-size firms in 11 areas
across 189 economies. Ten of these areas—starting a business, dealing with construction permits, getting
electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency—are included in the ease of doing business ranking. The 11th measure is labor market regulation, which is not included in the ranking process by World Bank tam for the year 2015 report.
Cumbersome procedures involved in starting businesses in formal manner result in waste of energy, resources and time of entrepreneurs. Hence less number of formal entrepreneurs are developed in the system. As competition is the basic variable that increases social benefit, any system that discourages entrepreneurship results in less social benefit.
Productivity specialist can analyse the business starting up procedures in the 10 areas highlighted by World Bank and redesign the processes that reduce complexity and compliance burden. Industrial Engineering discipline attempted to reduce waste in office procedures through O & M studies. Subsequently, industrial engineers also developed expertise in reducing waste in information systems. Reengineering movement is also industrial engineering activity that recognized the possibility of radical improvement by special study and understanding of the power of new technology and using the new technology in ways different from the present process steps.
The need to re-engineer business startup processes is highlighted by the World Bank. In India, Prime Minister Narendra Modi is taking up special drive to increase of ease of doing business in India. Time for the productivity specialists in various organizations to spare some time and come out with suggestions to improve present process as well as to institute radically new processes to make the startup process simple and motivating.
Let us rededicate to the cause of Productivity during the Productivity Week.
Narayana Rao K.V.S.S.
Source for the material on importance of ease of doing business
Handbook of Hindu Economics and Business Paperback – 2013
by Hrishikesh D. Vinod (Editor)
The Handbook offers 23 state-of-the-art peer-reviewed essays by leading international authorities summarizing evidence-based research on ancient and modern India.
Michael Szenberg, editor of The American Economist wrote: "Hindu Economics and Business Handbook is an engaging and informative survey of the economics of Hinduism. I highly recommend it. Jagdish Bhagwati of Columbia University said "… interesting collection … will be widely read" Prof. Panchamukhi, Former Chairman, Indian Council for Social Science Research, New Delhi and editor of Indian Journal of Economics wrote: ".. systematically arranged into different themes and chapters ...Protection and prosperity, Importance of animals, Four-fold Objectives of Life, Hindu Social Corporate form, Ayurvedic Medicines, Impact of Rituals, (etc.)...perceptive articles on the recent thoughts on development and governance ...extremely valuable reading material...the most useful addition to the literature" Narain Kataria, President of Indian American Intellectual Forum wrote: "...review of contrasting viewpoints... This unique reference work edited by Prof. Vinod belongs not only in every public library, but also in the home of everyone interested in India, including non-Hindus and international investors."
List of distinguished authors includes
(1) former Harvard professor and president of Janata Party, Subramanian Swamy,
(2) Suresh Tendulkar, Chair, Indian Prime Minister's Economic Advisory Council,
(3) Shankar Abhyankar, founder of Aditya Pratishthan,
(4) Anil Bokil, founder of ArthaKranti Pratishthan,
(5) Prof. R. Vaidyanathan, IIM Banglore,
(6) Balbir Sihag of U. Mass.
(7) M.G. Prasad of Stevens Tech.
(8) M. V. Patwardhan former Fellow Institute of Bankers, London,
(9) Gautam Naresh, formerly at the National Institute of Public Finance,
(10) M. V. Nadkarni, founder of Journal of Social and Economic Development, http://mvnadkarni.com/files/Hindu%20Eco%20Philosophy.pdf
(11) Prof. R. Kulkarni, IIT Bombay,
(12) K. Kulkarni, editor of the Indian Journal of Economics and Business,
(13) Prof. S. Kaushik, Pace University, NY, Founder of Women's College in India,
(14) H. Mhaskar, von Neumann distinguished professor, Technical University, Munich, Germany, (15) Vasant Lad, founder of Ayurvedic Institute in Albuquerque, NM,
(16) Yogi S. Vinod, founder MVRF, Pune,
(17) S. Kalyanaraman, Director, Sarasvati Research Centre, Chennai, Hindu social corporate form and śreṇi dharma: cure for greed http://bharatkalyan97.blogspot.in/2013/04/handbook-of-hindu-economics-and.html
(18) M. and P. Joshi, founders of Gurukul Yoga Center, NJ,
(19) Advocate S. Deshmukh, formerly at Citibank and president, Maharashtra Foundation, and
(20) Advocate C. Vaidya, http://www.amazon.com/Handbook-Hindu-Economics-Business-Hrishikesh/dp/148398088X
Economics in Arthaśāstra
Raj Kumar Sen
Deep and Deep Publications, Jan 1, 2006 - 310 pages
Four-fold objectives of life for
an individual and the societal growth as per Hinduism
Dr. M.G. Prasad
Department of Mechanical Engineering
Stevens Institute of Technology
Hoboken, New Jersey (Email available in paper) http://www.durvasula.com/Taranga/Fourfold_objective_of_Hinduism.pdf
AMBEDKARIAN PERSPECTIVE FOR ECONOMIC DEVELOPMENT1
Dr. K.S.INGOLE, Reader, Centre for Dr. Ambedkar Studies, Dept. of Economic
PGSR, SNDT Women University Mumbai 400020
F Scott Fitzgerald _ a study in yhemes and technique
Researcher: Goel, Mohini
Guide(s): Arun Kumar
http://shodhganga.inflibnet.ac.in/handle/10603/24090
Resurgent hindu nationalism in the age of globalisation : the case of West Bengal
Researcher: Saha, Suhrita
Guide(s): Oommen, T K
http://shodhganga.inflibnet.ac.in/handle/10603/29092
Politics of economic reform in India : a study of congress party's policies and strategies since 1991
Researcher: Bijukumar, V
Guide(s): Hasan, Zoya
http://shodhganga.inflibnet.ac.in/handle/10603/16948
Momentum and contrarian strategies in the Indian stock market an evaluative study
Researcher: Thomas, Asha E
Guide(s): Dilip Kumar, M C
http://shodhganga.inflibnet.ac.in/handle/10603/15842
Reinventing India: Liberalization, Hindu Nationalism and Popular Democracy
Stuart Corbridge, John Harriss
John Wiley & Sons, May 28, 2013 - 336 pages
When India was invented as a "modern" country in the years after Independence in 1947 it styled itself as a secular, federal, democratic Republic committed to an ideology of development. Nehru's India never quite fulfilled this promise, but more recently his vision of India has been challenged by two "revolts of the elites": those of economic liberalization and Hindu nationalism. These revolts have been challenged, in turn, by various movements, including those of India's "Backward Classes". These movements have exploited the democratic spaces of India both to challenge for power and to contest prevailing accounts of politics, the state and modernity.
Reinventing India offers an analytical account of the history of modern India and of its contemporary reinvention. Part One traces India's transformation under colonial rule, and the ideas and social forces which underlay the deliberations of the Constituent Assembly in 1946 to consider the shaping of the post-colonial state. Part Two then narrates the story of the making and unmaking of this modern India in the period from 1950 to the present day. It pays attention to both economic and political developments, and engages with the interpretations of India's recent history through key writers such as Francine Frankel, Sudipta Kaviraj and Partha Chatterjee. Part Three consists of chapters on the dialectics of economic reform, religion, the politics of Hindu nationalism, and on popular democracy. These chapters articulate a distinct position on the state and society in India at the end of the century, and they allow the authors to engage with the key debates which concern public intellectuals in contemporary India.
Reinventing India is a lucid and eminently readable account of the transformations which are shaking India more than fifty years after Independence. It will be welcomed by all students of South Asia, and will be of interest to students of comparative politics and development studies.
