Friday 26 June 2009

Newsroll

Scrap Board Exams for Class 10 - HRD Minister Kapil Sibal. He also plans to replace the Percentage system with percentile system - Finally, finally we have a minister who is thinking in the right direction. If he is able to pull this off (I am not sure about this as the 11th admission is one of the times when private schools make a killing by way of donation. Or is this a way of sending a signal to the Private School Management to fill in the Congress Party coffers???). For now, I would like to give the benefit of doubt to the Minister. This is indeed the way forward.

Air India to be a low cost carrier domestically - I am not sure about the efficacy of this move. The core competencies required for running a profitable low cost carrier are high productivity, lean organization, no flab, high level of customer orientation and a highly motivated staff. I dont think Air India qualifies on any of the above parameters. Low cost airlines have a different culture, which is miles away from what Air India has. The guy who came up with this idea need to have his head examined.

India faces monsoon failure- This is bad news. Already the economy is in doldrums and the last thing you want is a bad monsoon. Government is almost bankrupt and they are just not in a position to face the crisis, economic and food related, that will be caused by poor monsoon. Rural spending will be badly affected, so will the consumer goods industry. This is a bad omen.

LIFES LESSONS - My Poem

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