Mohammed Ali Jinnah, the name brings just one picture into our minds "Partition of India". Pakistan respects its Quaid-e-Azam and calls him Baba-e-Quoam affectionately, for them he is what Mahatma Gandhi is to India. However, there is one major and true difference between the two great leaders. Gandhi's strength came from uniting people and Jinnah's from dividing people.
Jinnah was just another member of Indian National Congress and did not have any specific identity other than being a barrister and affluent class. That was not enough to highlight him in the Congress a there were scores of people who fitted in the same bracket and had better achievements to show. My guess is, he must have felt that by remaining with Congress, there was very small chance of reaching the pinnacle of Indian politics. So he founded the Muslim League, for the first time in 60 years of freedom struggle did the caste come into equation. People were fed with misgivings that India under the Congress leadership would not take care of its muslim population and treat them as second rate citizens. A fear so deep rooted that it remains alive even to this day.
Fear is the best method for gathering followers and using this Jinnah did gather many followers, he made people beileve that cast was an important criteria of who you are and your standing in the society. The divide started growing and the ultimate chasm was created in 1946 when he called for "Direct Action Day". Indians killed each other for creation of "Pakistan"; a concept so wierd that even 62 years later no one is sure what it actually was. Jinnah said Pakistan is the secular umberella under which all religions could co-exist unlike the Hindu India (aka Hindustan). Today the record states, Islamic republic of Pakistan and the Social republic of India. In short, its high time people realise that the concept of Pakistan was just a means for one individual to achieve his narrow goals in politics and every argument done to that effect fell flat on its face, today as we see it.
Jinnah divided country then and he divides it even now, there are no two opinions about it. Maybe, he realised it a bit too late in his life that what he had done would have reprecussion in the century ahead but that does not absolve him of the "sin of partition". Let us stop glorifying him even to this age because everytime you do so, he wins again... guys, he is still dividing us.. wake up..
So long....
Wednesday, August 19, 2009
Why India should come up with more start ups.
Hey guys, I am back with another interesting topic to discuss on this forum. Before I begin here is a tid-bit, 1 in every 10000 ideas gets acceptance; 1 in every 1000 accepted ideas gets the funds and 1 in every 100 funded startups becomes a success i.e. the chance of your pet project becoming full fledged start-up (successful one at that) is 1 in a billion!! Now you know why people dont take chances..
Like any great idea, even a startup has no value ahead of its time; the interesting bit is, if we wait for the time to come, the idea is wortless. So its upto the individual to hardsell his idea well before its time has arrived, so that he can reap a rich harvest when the right time comes along. A startup needs investment and gestation, so any person planning for one, needs to think atleast 5 years ahead of time. Trust me, once you are invested, the thrill is un-imaginable.
At any point of time around $250 billion is available in California, USA to fund startups. They are just waiting for the right ideas to come along. Why is it that they have surplus cash stacked up and we in India dont; the answer is simple, we are averse to taking risk and trusting in another human being's intelligence. There are no startups funded by the US federal government so lets not blame the Government on this one!! the funds available are pooled in by a board of venture capitalists (VC s) who come from various walks of life and are willing to invest into ideas that may become a money spinner tommorrow. Is it then a surprise then that more than 60% of scientific and technological innovation happens in the US !
We as Indians, need to take more pride in the ability of the young minds of our country and start investing in them, if the top 10 CEOs of Indian firms contribute even 10% of their salaries / bonuses, we will have a pool of Rs. 48,00,00,000 /- ; imagine the amount of money we are generating in our country. We need to understand that if we want the youth of India to take pride and work for the betterment of our country, we need to give them something to work with. Indian-Americans are getting the highest number of patents registered for American firms as per recent data; imagine we have a huge pool of such people and we are are allowing other countries to tap into this resource rather than we do it ourselves.
I sincerely hope the big money spinners and people with surplus cash start investing some part of their money into such VC funds, because the returns that these will give you are far greater than what the capital markets can imagine of, plus we would be doing our bit for "BHARAT NIRMAN" and creating employment for many individuals. Therein lies a greater sense of satisfaction by making such investments.
So long...
Like any great idea, even a startup has no value ahead of its time; the interesting bit is, if we wait for the time to come, the idea is wortless. So its upto the individual to hardsell his idea well before its time has arrived, so that he can reap a rich harvest when the right time comes along. A startup needs investment and gestation, so any person planning for one, needs to think atleast 5 years ahead of time. Trust me, once you are invested, the thrill is un-imaginable.
At any point of time around $250 billion is available in California, USA to fund startups. They are just waiting for the right ideas to come along. Why is it that they have surplus cash stacked up and we in India dont; the answer is simple, we are averse to taking risk and trusting in another human being's intelligence. There are no startups funded by the US federal government so lets not blame the Government on this one!! the funds available are pooled in by a board of venture capitalists (VC s) who come from various walks of life and are willing to invest into ideas that may become a money spinner tommorrow. Is it then a surprise then that more than 60% of scientific and technological innovation happens in the US !
We as Indians, need to take more pride in the ability of the young minds of our country and start investing in them, if the top 10 CEOs of Indian firms contribute even 10% of their salaries / bonuses, we will have a pool of Rs. 48,00,00,000 /- ; imagine the amount of money we are generating in our country. We need to understand that if we want the youth of India to take pride and work for the betterment of our country, we need to give them something to work with. Indian-Americans are getting the highest number of patents registered for American firms as per recent data; imagine we have a huge pool of such people and we are are allowing other countries to tap into this resource rather than we do it ourselves.
I sincerely hope the big money spinners and people with surplus cash start investing some part of their money into such VC funds, because the returns that these will give you are far greater than what the capital markets can imagine of, plus we would be doing our bit for "BHARAT NIRMAN" and creating employment for many individuals. Therein lies a greater sense of satisfaction by making such investments.
So long...
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