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Harvesting human capital

THE BIG IDEA:  A couple of days ago an article in Times of India caught my eye: a certain minister is proposing to 'catch them young'; specifically, identifying potential candidates at age 12, while they're still in school, and streaming them into educational programs that will prepare them for the Indian Administrative Services, philosophically as well as practically. Strangely, he seems to have picked up on an essentially simple idea I've been playing around with recently, that may sound too much like George Orwell's 1984 or Huxley's Brave New World to be accepted easily or soon - but an idea whose time may have come, nonetheless. It is this: just as a farmer seeds a crop, nurtures it and harvests it to sustain himself and his family, so too could a corporate entity adopt a village or even an entire district in India for the purpose of developing human capital. It could 'catch them young' - select children with the greatest potential, educate them, train them to think within the corporate philosophy framework and when they're ripe for the picking - both in terms of age and education - harvest them. Of course, the children or their guardians would be required to sign an agreement that the child, once grown to adulthood, would work for the corporation for a fixed number of years in a pre-determined capacity, after which they would be free to pursue their own course in life. And lest anyone think I'm advocating a system of bonded labor, let me hasten to add they would be paid a fair salary. Then what's in it for Corporates? For Indian corporates, possibly only the satisfaction of knowing they are participating in nation building with possible tax sops and knowing they were raising a new generation of perfectly suited employees; however, for foreign MNCs who will be experiencing growing shortages of qualified workers in the coming years, this would be manna from heaven. And, think how the entire face of rural India could change!!! What happens to those children who are not selected? Well, as in any area of human endeavour there is always a pecking order. The best pickings go to the strongest and most powerful - and then down the line, until everyone has been selected according to their qualities and potential. So there's something for everyone - nothing is wasted, nothing lost.  This is how India's huge population could become an asset instead of the liability it currently is.  One can develop this idea further; for instance, the ministry for rural development could get into the act and maybe auction rural districts to corporations for the rights to develop and harvest human capital, using the money raised to develop those districts with the  social and physical infrastructure they're in such dire need of, currently.  A public-private partnership in every way.  Of course, it would have to be a completely transparent, public transaction, and would require the village panchayats (governing bodies) to give their consent before being auctioned. All villages would have the right to withhold consent. They could then sit on the side lines and watch as other villages flourish. I imagine they would very quickly see the light. … Read More

July 3, 2009   |  In Arts & Culture

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Shanta Bhalla commented on What is the measure of a good life? on May 9, 2009, 1:32 PM

Self-fulfillment, certainly - but the ability to love?  I think that's just glib.  It's the kind of thing all self-help gurus feel compelled to say - but probably cannot define or quantify.   Love.  What kind of love?  How much love?  Who should one love?  Romantic love or universal love?  And is the latter even possible. I think a good life begins with the dawning of wisdom.  If this leads to enlightenment - WOW!

The political system in India

  The party system is behind the rot in the current political system in India.This will intensify in the coming years. The root of the problem is the party system. Parties need funding. In India this is far from transparent. Much of the funding is through clientelism, with political parties leveraging their power to dispense favors for huge fees. Force and coercion are also used to extract money. This kind of ‘party fundraising’ that all party functionaries are required to do, corrupts those who may have joined politics with genuine ideals and aspirations. Ultimately, these people end up serving the party and not the nation.  This system doesn’t only breed corruption, it degrades and devalues political office resulting in dangerous cynicism and contempt for those in power.  This erosion of public trust can eventually lead to a breakdown of the political system, opening the doors to forces inimical to democracy.   … Read More

May 6, 2009   |  In Politics & Policy

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