Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Thursday 7 December 2017

Unfair to Mani Shankar Aiyar !



Yesterday, Shri Mani Shankar  Aiyar described Shri Narendra Modi, as a “ Neech  aadmi “



Before 2014 general elections , he had called Shri Modi , “ Chaiwala / Snake / Scorpion



Some say , that remark caused Congress to lose Lok Sabha Election in 2014



But that is being totally “ unfair “ to Shri Aiyar  !



In my following blog , written before 2014 elections , find what other Congress Leaders had called Shri Modi



Then decide who must take how much blame if Congress fails miserably in current Gujarat Election !





Friday, 28 March 2014


Who all are scared of NaMo ?


You don't need to be a Psycho-Analyst to figure out , who all are scared to death of Narendra Modi


Obviously , all those who abused him over the past few months


I figure , the more they abused and the lower they stooped , the more they were scared  !


As if this was some competition where your own getting a ticket depended upon how foul you can get with your language  !


Here is a  ( no doubt , partial )  list of  " who " called  Namo , " what "  :



>   Sonia  Gandhi.................... Maut ka Sodagar


>   Salman Khurshid...............  Impotent / Monkey


>   Mani Shankar Ayer............. Chaiwala / Snake / Scorpion


>   Rashid Alvi ....................... Yamraj  riding  a Buffalo


>   Digvijay Singh  ...............    Ravana


>   Hussein Dalwi  .................  Mouse


>   Beni Prasad Verma  ..........  Dog


>   Manish Tiwari ..................   Dawood Ibrahim


>   Shantaram Naik  ..............   Hitler / Pol Pot


>   Renuka Chowdhury ..........   NaMonitis Virus


>   Naresh Agarwal  ..............   Chaiwala




And to top this all , 2 days back , Imran Masood threatened to cut up NaMo into pieces  !


I wish , all of this name-calling was nothing more than a symptom of their nervousness .


Voters would have treated such nervousness as natural human reaction to impending disaster - and might have , even forgiven them


But , I suspect these outbursts are no mere " Symptoms " 


This is the  DISEASE  itself  !


Godse killed Bapu physically in 1948


But those claiming to be Bapu's " Moral Heirs " , continue to kill his spirit every day , 66 years later  !



VOTERS   OF   INDIA  ,



When you are about to press that button on the EVM ( Electronic Voting Machine ) , do recognize the disease  
!




08  Dec  2017



Wednesday 6 December 2017

It is Catching On !



DNA ( 06 Dec ) carries following news :




“ Fadnavis cracks whip on babus, sets key goals for Dec 2019



And the goals are :


·         Construction of 19.4 lakh houses


·         Implementation of Make In India projects worth Rs 8 lakh*crore


·         Develop skills in 42 million persons by 2022


·         Enhance vegetation in urban land areas by 15 %

--------------------------------------------------------


Only a few days back , Press Information Bureau , released following note on Nutrition Mission :





Cabinet approves setting up of National Nutrition Mission

-------------------------------------------------------- 

Implementation strategy and targets:


Implementation strategy would be based on intense monitoring and Convergence Action Plan right up to the grass root level.



NNM will be rolled out in three phases from 2017-18 to 2019-20.



NNM targets to,

·         reduce stunting, under-nutrition, anemia (among young children, women and adolescent girls) and,



·         reduce low birth weight by 2%, 2%, 3% and 2% per annum respectively.



·         Although the target to reduce Stunting is at least 2% p.a., Mission would strive to achieve reduction in Stunting from 38.4% (NFHS-4) to 25% by 2022 







Quantifying “ goals / targets “ to be achieved by a “ given date “ and then measuring the “ performance “ of officers responsible based on “ actual achievement “ , is a true paradigm shift in GOVERNANCE




I wish to congratulate Shri Fadnavis , for implementing my following suggestion ( sent to Shri Jaitleyji on 04 Dec 2014 ) :





BUDGETING     BY    OBJECTIVES



Dear Shri Jaitley ,



Come Feb 2015 and you will present your Budget in Lok Sabha


You will allocate thousands of crores of rupees to different ministries , for spending during 2015-16


You may even increase / decrease their allocations based on , to what extent ( % ) did they manage to actually " spend " their current year's allocations


The one and only emphasis is on " spending " !



As usual , no MP will ask :


"  But , what exactly did the Minister concerned achieve by spending this money  ?


What physical / measureable targets did the Minister succeed in reaching / exceeding , with that money  ?  Where / What are the OUTPUTS  ?


Why is it that no targets were set in advance , before the start of the year ?


How come , Minister was allowed to shoot first and then draw concentric circles around the hole afterwards ( at the end of the year ) , to claim BULL'S EYE  ?  "



In private sector , shareholders / bankers do not hesitate to sack the CMD / MD / CEO , if he fails to deliver on promised profit



Then , why are Ministers allowed to retain their posts ( - or even get kicked upstairs ! ), despite failing to deliver  ?




Dear Shri Jaitley :


MPs should know that YOU cannot answer these questions , simply because , at the time of the Budget Exercise , no physical OUTPUTS  got fixed for each Minister



What did get fixed , were only EXPENDITURE TARGETS  !



Simply because MPs passed the Budget without fixing targets such as following for 31 March 2015 :



*  FINANCE  MINISTER

   *   GDP ..... 6 % ............ [ 10 % improvement ]

   *   CAD.......( -  ) 5 % .....[ 20 % improvement ]



*  COMMERCE  MINISTER

   *   Exports........ $ 350 Billion  ....  [ 10 % improvement  ]

   *   FDI..............$    50 Billion...... [  20 % improvement  ]



*   RAILWAY   MINISTER

    *   Lengths of Tracks...... 125,000 Km.....      [  Up by 10 %  ]

    *   No of Passenger Trains / day..... 10,000... [ Up by 10 % ]



*   HEALTH   MINISTER

   *   Chronic Hunger and Hunger Related Deaths
         8 Million / year .................................... [  Down by 20 %  ]

   *   Under-nourished people..... 200 million..... [ Down by 10 % ]



*   SOCIAL   WELFARE   MINISTER

    *    Dowery Deaths / year....... 8,000...... ...... [  Down by 10 %  ]

    *    People without Toilets........ 500 Million....  [  Down by  20 % ]



*   AGRICULTURE   MINISTER

    *    Farmers Suicide/ year..... .. 14,000...............  [ Down by 20 %  ]

    *    Food Grain rotting / year..... 5 Million tons.....  [ Down by 20 %   ]



So on and so forth for each Minister





Some Caution / Suggestions :


*    Ignore the numbers given above. I could be factually wrong

*    Focus on the concept of " Management by Objectives "

*    Overcome the fear of " failure to meet the targets ".

*    Overcome the fear of " being ridiculed " ! 

*    Don't chop off the neck that dares to stick out  !

*    Only failure is , not fixing the targets  ! 

*    Actual vs Targeted achievements must be measured , on an ongoing 
      basis , by totally independent THIRD PARTY agencies

      Ministers / Finance Minister and these Agencies , must agree in advance , how the 
      Agencies will go about " measuring " the Actual Achievements

      The method of measurement must be transparent and well publicized
      in advance

      Agencies shall have no role in fixing of Annual Targets

      That is best done by the Prime Minister - the CEO , MakeInIndia


*    There must be at least 10 performance parameters for each Minister

*    Parameters themselves could be selected / prioritized , based on an
      ONLINE PUBLIC SURVEY / OPINION POLL , from Govt web site

*    If conducting such an ONLINE POLL for the forthcoming budget is
      too late , same could be done on a printed form , by current MPs /
      MLAs / Rajya Sabha Members

*    Results of the SURVEY / POLL , must be published



07  Dec  2017



What is holding back ?




After China, India’s central bank warns: Beware of bitcoin

Over the weekend, it was China’s central bank. Then, on Tuesday (Dec. 05), the Reserve Bank of India (RBI) warned investors against betting on bitcoin and other cryptocurrencies.


The Indian central bank, however, was more straightforward, “…cautioning users, holders and traders of virtual currencies (VCs), including Bitcoins regarding the potential economic, financial, operational, legal, customer protection, and security-related risks associated in dealing with such VCs.”


The RBI’s Dec. 05 release reiterated the concerns it had raised twice before in December 2013 and February 2017.


In India, besides the RBI, the government, too, has made public its discomfort with bitcoin.


On Nov. 30, finance minister Arun Jaitley said India does not recognise virtual currency as legal tender.


Earlier this year, a committee set up by his ministry had reportedly recommended banning crypto-currencies over fears that they could be used to launder money and perpetuate frauds.


Other opponents of Bitcoin are :

·         The central banks of Indonesia and Bangladesh

·         China shut down bitcoin exchanges and banned initial coin offerings.

·         European Central Bank 

·         Bank of France

·         Russian president Vladimir Putin 

·         Germany’s central bank.


Meanwhile, rallying past all warning signs, bitcoin is at a record high, having crossed the $12,000 mark today (Dec. 06).


Yet, crypto-currency exchange operators remain unfazed.


If India had to ban virtual currencies, they would have done that by now. In the last three years, the RBI’s statement has been the same: They are uncomfortable with it and people should invest at their own risk,” Vivek Steve Francis, CEO of Coinome, a crypto-currency-trading exchange, told Quartz late last month.

=================================


But , I am sure that if Shri Jaitleyji knew the following fact about the “ process of mining “ of bitcoins , he would rush to President Kovind , with an ordinance to ban bitcoin mining / trading , in India :






Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the U.S. for one day.


And miners are constantly installing more and faster computers.


Already, the aggregate computing power of the bitcoin network is nearly 100,000 times larger than the world’s 500 fastest supercomputers combined.

The total energy use of this web of hardware is huge — an estimated 31 terawatt-hours per year.

More than 150 individual countries in the world consume less energy annually.


And that power-hungry network is currently increasing its energy use every day by about 450 gigawatt-hours, roughly the same amount of electricity the entire country of Haiti uses in a year “ .



If India does not ban Bitcoin – and fast - , it would consume all of that 100 GW of Solar Power that we are targeting to commission by 2022  !


100 GW, just to satisfy the GREED of some ( holders of BLACK MONEY ? ), who want to multiply their illegal wealth , a 1,000 times by 2022 !


For an over-simplified explanation of  Bitcoin, read :



07  Dec  2017

www.hemenparekh.in  /  blogs