Friday, December 31, 2010

The anonymous world of net bowlers




Posted by Aakash Chopra 

They come half an hour before the team arrives, as they can't be late. They warm up on their own, for the team can't be fiddled with; they bowl their hearts out while the rest go through the motions because there's a match round the corner. A rather nonchalant 'well bowled' means the world to them and that's what keeps them going till they drop. They hope to catch the coach's eye if he finds the time after he's done with the main guys. Then they will be mere spectators while the team goes through its fielding drills or stretching sessions; they must do it themselves, for they are the supporting actors and not the main lead. These are the guys who make practice sessions possible, for no team carries more than a few bowlers in the squad and it's almost certain that the main guys won't bowl for long, let alone at full throttle between matches. Welcome to the unknown world of the anonymous 'Net Bowlers'.

Every team, national or international, relies heavily on these supporting actors to make their sessions possible. But, unfortunately, very few teams understand their importance, let alone make them a part of their set-up. Often they are treated like second-grade citizens with no right to demand any luxuries. And that's where, I think, teams need to develop compassion. In small places it doesn't cost them much to commute from their home to the stadium but in places like Delhi and Mumbai, every practice session means a few hundred rupees. But I don't know of any association that pays these guys to turn up day after day. The obvious question might be: why do they still come? It's not surprising because it is perhaps their only chance to come close to the big guys. Bowling to the known players in the nets is their only possible break to impress them and perhaps get noticed in the future. It's a gamble they are willing to take and what makes it worse is that there are always people who sell them the idea that they're in the mix.

But let me tell you that I haven't seen any of these 'net bowlers' getting picked, if and when the opportunity arises. It's always the guy from outside, who's smart enough to understand that bowling in the nets is only tiring and not rewarding, who makes the cut. Ironically, the main cast changes a few times in the same season, but the supporting troupe remains the same.

It may not be a bad idea to ensure that they're paid for every visit. Every association gets crores from the BCCI to spend on cricket and justifying a few thousand rupees for these kids won't be too tough. 




iPhone/Android/BlackBerry





Wednesday, December 29, 2010

Chinese Made Cricket Stadium to host a Test Match

Dominica to host its first Test during 2011 India series

ESPNcricinfo staff
November 26, 2010

A view of the stands at Windsor Park, Roseau, July 24, 2009
Windsor Park in Dominica hosted its first international match in 2009 

The island of Dominica will host its first Test match during India's tour of the West Indies in 2011, as the West Indies Cricket Board have chosen Windsor Park as the venue for the third and final Test of the series, to be held between July 6 and July 11.
Windsor Park was built by the Chinese government as part of their memorandum of understanding with Dominica and Windsor Park has hosted four ODI matches - two against Bangladesh in 2009 and two against South Africa in 2010. India's tour of the West Indies in 2011 includes one Twenty20 international, two ODIs and three Tests.
The venues for the first two Tests will be Sabina Park in Jamaica and the Kensington Oval in Barbados, respectively. The Sir Vivian Richards Cricket Grounds in Antigua and the Queen's Park Oval in Port of Spain are the two venues for the ODI series.
West Indies are scheduled to play back-to-back homes series against Pakistan and India between April and July 2011. Over the two series, eight different Caribbean cities will host games.

The 2 Boxing -Day Tests


·         Two boxing day tests won on the 4th day by two higher ranked visiting teams from the northern hemisphere who have traveled to the Southern Hemisphere after a crushing defeat in the previous test in the countries that has proved to be their long time nemesis.
·         Both India and Australia lose all their first innings wickets to catches… India lose 19 wickets to catches in the match
·         The Dec 16 tests were won by the home teams while the Dec 26 tests have been won by the visiting teams. Whats up for the New year tests ?" The last Test in Cape Town, what a game that one should be. No 1 and No 2, playing the decider.

Monday, December 27, 2010

MySnaps: India Trip (2) :: Dec 2010



Second of the series..... pl take a look


RSK

Which_countries_can_Indian_citizens_go_with_arrival_visa ?





ALBANIA
Visa required, which can be obtained on arrival if holding
confirmation from Albanian Ministry of Interior stating that visa will
be available on arrival. Confirmation must be obtained before
departure to Albania.

AZERBAIJAN
Visa required, which can be issued on arrival for a max. stay of 30
days. An invitation is not necessary but it is recommended to hold a
document that shows the purpose of the visit. Visa is only valid for
the cities listed in the visa.

BAHRAIN
If travelling for business purposes visa can be obtained on arrival,
but this is subject to Immigration evaluation.

BERMUDA
Visa not required.
Bermuda Immigration officers will decide on max. period of stay (up to
6 months) depending on reason for travel. Stays exceeding 6 months
require application for residency in person.

BHUTAN
Visa not required for a max. stay of 2 weeks, provided permit is
issued upon arrival by Immigration Department.

BURUNDI
Visa required. However, visa can be obtained on arrival, if no diplomatic
representation of Burundi is located in country of origin.

CAMBODIA
Visa required. However, visa can be obtained on arrival, if coming for:
- touristic purposes for a stay of max. 1 month.
- business purposes for a stay of max. 1 month.

CAMEROON
Visa required. Visa on arrival can only be issued to those holding a prior
approval from Le Diligue General de L'Immigration.

CANADA
Visa required.
If entering from the U.S.A. with a used single entry visa, the visitor
may re-enter without obtaining a new Canadian visa, provided the I-94
from the U.S.A. and the Canadian port stamps are still valid.

CAPE VERDE ISLANDS
Visa not required if:
- Passenger was a former national of Cape Verde Isl.,
incl. wife, husband or children provided holding
proof thereof;
- travelling as tourist in organized group and holding
Certificado Colectivo de Identidade et Viagem
(no limit for number of tourists).
Individual passengers coming from countries where no diplomatic
representation of Cape Verde is established may obtain visa on
arrival.

COOK ISLANDS
If visit is solely for touristic purposes visa not required for a stay
of max. 31 days.
If visit is for business purposes (which may include acting for or on
behalf of a person/firm established outside Cook Islands) visa
required (which can be issued on arrival), for a stay of max. 21 days.

COSTA RICA
Visa not required for a stay of 30 days.

CUBA
Visa required.
If coming for touristic purposes and holding Tourist Card
("Tarjeta del Turista"): visa not required.

DJIBOUTI
Visa required, which can be obtained on arrival provided holding
return ticket, for a max. stay of 1 month.

DOMINICA
Visa not required for stay of max. 21 days.

EGYPT
Visa required. However, a 14 days visa -free of charge- can be obtained on
arrival, if entering Egypt via South Sinai (through Sant Katherine,
Sharm El Sheik or Taba airports), provided:
- remaining in South Sinai resorts; and
- not continuing to any other city in Egypt.

ERITREA
Visa required, which can be obtained on arrival for a stay of max. 1
month (renewable for another 2 months), provided request has been made
by sponsor to Eritrea Immigration at least 48 hours before arrival.

ETHIOPIA
Visa required, which can be obtained on arrival for a max. stay of 3
months if attending African Union meetings and holding official
letters pertaining to the travel. In some other cases visa can also be
obtained if coming for business purposes.

FIJI
Visa not required. On arrival a visitor's permit can be obtained for a
stay of max. 4 months.

GEORGIA
Visa required.
Visa (of various types and length of stays) can be obtained on arrival
at the Ministry of Foreign Affairs Visa Dept. at the airport. However,
one months notice of arrival is required.

GIBRALTAR
Visa required. However, if holding:
- a multiple entry visa (valid for at least 1 year) to the
United Kingdom; OR
- a passport endorsed "Certificate of Entitlement to the
Right of Abode in the United Kingdom" visa not required.

GRENADA
Visa not required for a stay of max. 3 months.

GUAM
If arriving directly from U.S. Mainland, Alaska, Hawaii, Puerto Rico
or U.S. Virgin Islands, no entry documents required due to no
immigration control.

GUINEA-BISSAU
Visa required.
If arriving from a country without representation of Guinea-Bissau,
visa applications by letter to be made 14 days prior to arrival to:
Comissariado de Estado da Seguranca Nacional e Ordem Publica da
Republica da Guinea-Bissau (State Directorate of National Security and
Public order of the Republic of Guinea-Bissau). The visa will then be
available at the airport of Guinea-Bissau.

HAITI
Visa not required for a stay of max. 3 months.

HONG KONG
Visa not required for stay of max. 14 days.

INDONESIA
Visa required, which can be obtained on arrival for a max. stay of 30
days provided:
- passport contains at least one unused visa page for the
visa-on-arrival sticker, which covers entire passport page; AND
- holding ticket and other documents for return/onward journey.

IRAN
Visa required. However, it can be issued on arrival provided:
- coming for tourist purposes only for a max. stay of 7 days; OR
- passenger has been introduced by means of a letter from
valid organization or government at least two days prior to
arrival, for a max. stay of 72 hours.

ISRAEL
Visa required. However, if travelling in a group of 10 or more passengers
and holding prior approval from Ministry of Interior visa can be
obtained on arrival.

JAMAICA
Visa not required, for a max. stay of 14 days.

KAZAKHSTAN
Visa required.
A visa can be issued on arrival at Almaty/Astana airports (provided
pre-arranged and approved by the Ministry of Foreign Affairs of
Kazakhstan) for both private and business purposes, for a stay of max.
one month.

KENYA
Visa required.
It is possible for a visa for a max. stay of 3 months to be
issued on arrival. However, this will cause considerable delay.

KOREA (REPUBLIC)
Visa required.
However, visa not required for a stay of max. 30 days provided:
A. holding visa for Australia, Canada, Japan, New Zealand or
U.S.A. and travelling to or from these countries; OR
B. having visited Korea (Rep.) 4 times within the last 2 years
or 10 times or more in total.

KUWAIT
Visa required. However, visa can be obtained on arrival if coming for vacation
or leisure for a stay of max. 1 month, provided:
- having sponsor in Kuwait holding the original visa; and
- holding confirmation from transporting airline that visa is
available on arrival.

KYRGYZSTAN
Visa required.
Visa can be issued on arrival for a stay of max. one month when coming from:
- countries with Kyrgyzstan representation, provided holding
confirmation from Kyrgyzstan authorities;
- countries without Kyrgyzstan representation, provided
a sponsor can announce the passenger(s) to the authorities.

LEBANON
Visa can be obtained on arrival under certain conditions to:
- businessmen and other top professionals residing in a GCC
member country (see TIRGL/GCC ); OR
- businessmen with prior approval from Lebanese Immigration; OR
- tourist groups.

LIBERIA
Visa required.
If arriving from a country without diplomatic representation of
Liberia: visa issue on arrival possible if holding telex confirmation
from the station manager of delivering airline.

MACAO
Visa not required for a stay of max. 30 days.

MADAGASCAR
Visa required. A 90 days visa can be obtained on arrival.

MALAYSIA
Visa required. However, if coming for touristic purposes, visa can be obtained
on arrival, for a max. stay of 30 days.

MALDIVES
Visa required, which can be obtained on arrival for:
1. a max. stay of 30 days, provided holding:
- hotel confirmation; and
- sufficient funds to cover stay; and
- onward/return ticket for next destination.; OR
2. a stay of more than 30 days, to a max. stay of 90 days,
provided passenger has:
- a local sponsor, who must inform Immigration at Male at
least 1 day prior to passengers arrival; and
- onward/return ticket for next destination.

MAURITIUS
Visa not required for a max. stay of 15 days for touristic purposes only.

MICRONESIA
Visa not required for a stay of max. 30 days, provided coming for
touristic or visitor purposes.

MOLDOVA
Visa required, which can be obtained on arrival at Chisinau Airport provided:
- arriving from a country without diplomatic representation of
Moldova.

MONTSERRAT
Visa not required for a max. stay of:
- 3 months, provided travelling with passport;
- 14 days when travelling with other documents.

MOZAMBIQUE
Visa required. However, if coming for touristic or business purposes, visa can
be obtained on arrival (at airport only).

NEPAL
Visa not required.

NIUE
Visa not required for a stay up to 30 days provided holding:
- confirmed return/onward ticket; AND
- documents required for return/onward journey; AND
- sufficient funds.

NORTHERN MARIANA ISLANDS
Visa required. However, if holding U.S. entry visa, visa not required
for a max. stay of 30 days, provided U.S. visa:
- is valid for 60 days from entry date into CNMI; AND
- allows re-entry back into the U.S.A. on departure.

PALAU ISLANDS
Visa required, which can be obtained on arrival for a stay of max. 30 days.

PUERTO RICO
If arriving directly from Mainland U.S.A., Alaska, Guam, Hawaii or
U.S. Virgin Islands no entry documents required due to no immigration
control.

QATAR
Visa required.
The following visas can be obtained on arrival:
- 14 day tourist visa, provided application submitted to
airport immigration at least 24 hours before arrival by
any of the registered hotels in Doha.
Passenger must also hold proof of confirmed hotel
reservation and at least USD 1,400.- or any major credit
card; OR
- 7 day business visa can be issued at Doha airport
provided notification received at least 48 hours prior to arrival.

SAMOA
Visa not required if holding a visitor's permit, which can be obtained
on arrival for a stay of max. 60 days.

SAO TOME & PRINCIPE
Visa required.
Visa may only be granted on arrival provided prior arrangements have
been made by transporting carrier up to 24 hours prior to flight
departure. Max. stay of one month allowed.

SEYCHELLES
Visa not required as Visitor's Permit for 1 month (depends on validity
of ticket) will be issued on arrival provided holding:
- onward/return ticket or otherwise ticket must be purchased on
arrival; AND
- sufficient funds (USD 150.- per day) and proof of
accommodation during stay.

SIERRA LEONE
Visa required. However, visa on arrival is also possible under
following conditions:
- no diplomatic representation of Sierra Leone at point of
origin; AND
- sponsor or contact person in Sierra Leone should arrange
Landing Permit with the Principal Immigration Officer.
Details of such Landing Permit should be given to the
Station Manager of transporting airline at least 48 hours
prior to arrival.

SRI LANKA
Visa required, which can be obtained on arrival for a touristic stay
of max. 30 days.

ST. KITTS-NEVIS
Visa not required for a stay of max. 3 months.

ST. VINCENT AND THE GRENADINES
Visa not required for a max. stay of 1 month.

TANZANIA
Visa required, which can be obtained on arrival.

THAILAND
Visa required.
Visa can be obtained on arrival (ONLY at Bangkok, Chiang Mai,
Chiang Rai, Hat Yai, Phuket, Samui Int'l, Sukhothai, Surat
Thani, Utapao airports) for a stay of max. 15 days, provided:
- coming for touristic purposes; AND
- passport is valid at least 6 months; AND
- holding onward/return ticket; AND
- holding USD 250.- per person or USD 500.- per family.

TIMOR LESTE
Entry Permit can be obtained on arrival for a max. stay of 30 days.

TOGO
Visa required, which can be obtained on arrival for max. 7 days.

TURKS & CAICOS ISL.
Visa not required for a stay of max. 30 days.
TUVALU
Visa required, which can be obtained on arrival for a stay of max. one month.

UGANDA
Visa required, which can be obtained on arrival.

VANUATU
Visa not required for a max. stay of 30 days.

VIRGIN ISLANDS (BRITISH)
Visa not required for a stay of max. 30 days.


Explanation of Derivative Markets....




Explanation of Derivative Markets
 
Heidi is the proprietor of a bar in  Detroit . She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar. To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later.
 
Heidi keeps track of the drinks consumed on a ledger (thereby granting the customers' loans). Word gets around about Heidi's "drink now, pay later" marketing strategy and, as a result, increasing numbers of customers flood into Heidi's bar. Soon she has the largest sales volume for any bar in  Detroit .
 
By providing her customers freedom from immediate payment demands, Heidi gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages. Consequently, Heidi's gross sales volume increases massively.
 
A young and dynamic vice-president at the local bank recognizes that these customer debts constitute valuable future assets and increases Heidi's borrowing limit. He sees no reason for any undue concern, since he has the debts of the unemployed alcoholics as collateral.
 
At the bank's corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into DRINKBONDS, ALKIBONDS and PUKEBONDS. These securities are then bundled and traded on international security markets.
 
Unsuspecting investors don't really know that the securities being sold to them as AAA secured bonds are really the debts of unemployed alcoholics. Nevertheless, the bond prices continuously climb, and the securities soon become the hottest-selling items for some of the nation's leading brokerage houses.
 
One day, even though the bond prices are still climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Heidi's bar. He so informs Heidi.
 
Heidi then demands payment from her alcoholic patrons, but being unemployed alcoholics they cannot pay back their drinking debts. Since Heidi cannot fulfill her loan obligations, she is forced into bankruptcy. The bar closes and the eleven employees lose their jobs.
 
Overnight, DRINKBONDS, ALKIBONDS and PUKEBONDS drop in price by 90%. The collapsed bond asset value destroys the bank's liquidity and prevents it from issuing new loans, thus freezing credit and economic activity in the community. The suppliers of Heidi's bar had granted her generous payment extensions and had invested their firms' pension funds in the various BOND securities. They find they are now faced with having to write off her bad debt and with losing over 90% of the presumed value of the bonds.
 
Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations, her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers.
 
Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multi-billion-dollar no-strings-attached cash infusion from the Previous Administration. The funds required for this bailout are obtained by new taxes levied on employed, middle-class, non-drinkers who have never been in Heidi's bar.
 
Cheers!

Sunday, December 26, 2010

'Three numbers will define us: UID, mobile and bank account'

'Three numbers will define us: UID, mobile and bank account'



Nandan Nilekani

Nandan Nilekani, chairman of the Unique Identification Authority of India (UIDAI), has been named as one of Foreign Policy magazine's 'Top 100 Global Thinkers' . In other words, people who had "the big ideas that shaped our world in 2010." Nilekani's big idea is to give every Indian an identity number, which will address issues of inclusion and mobility. The billionaire co-founder of Infosys Technologies is today a self-confessed "plumber of the government" . He tells Asha Rai about the ideas and issues that will define the next decade. Excerpts: 

How changed would India be by 2020? 

Let's look at the big changes that are happening. Demography's the biggest. India's experiencing the demographic dividend. If we look at the next 10 years from a demographic lens, what do you see? You will see this huge population of young people who are very aspirational . Aspirations are being unleashed at every level: the chauffeur wants college education for his child; the maid is saving for her daughter's English education. The important thing is that this population is future-looking than past-looking . They are looking at how to make their life better and not worrying about something in the past. That's a huge shift. We need to satisfy the aspirations of these people. If we are not able to do that it will have its own consequences. I believe that's going to be the biggest thing of the next decade . Meeting the aspirations of the Indian young will also have its own strategic implications: you will need to invest in education, health, and infrastructure. You need to urbanize faster. Plus, now it's in our interest to be globalized. If we are going to be largest pool of young people in the world, then you must keep trade and borders open so that our young can serve the world, either by working from here (outsourcing) or by going there (migration). That's the big thing. 

What other trends do you foresee? 

Mobility, internal and external. Within India , you will see a large number of people moving from rural to urban, from north to south, from middle India to coastal India. Already, we have some 100-120 million migrants. In the next 10 years it will become only more enhanced. And remember, when a migrant moves and leaves his family behind, it means that people impacted by migration will be four times the number that migrates . This has huge socio-economic consequences . It builds a remittance economy; the guy sends the money back, the family is no longer poor. It up-ends traditional equations. It's exacerbated by a few things; one is the demographic difference. Central India has higher population growth rates than south and west. The fertility rate of UP is three times that of Kerala. It's staggering that in the same country you have such huge differences. So when the south and the west start ageing, it will have fewer workers, central India will have more and internal migration will be further accentuated by it. 

Finally, technology adoption, which in India is very, very high. Indians have found technology as something that helps them in their aspirations. The mobile phone is a classic example. Technology, aspirations , mobility and demographic dividend. For me, those are the defining themes of the next decade. 

What's the role of UID in this? 

I think 'Aadhaar' (the brand name of UID) is at the centre of this whole thing. You cannot meet your aspirations without having your identity acknowledged . The fact of the matter is, a large number of Indians don't have that acknowledged existence. There are just 50 million Indians who have a passport —5 % of the population. People who participate in the stock markets must be 2% of the population, bank account holders must be 20% of the population (220 million). If you want to meet all the people's aspirations , you have to include them in the society. To do that, the basic foundation block is identity. So, we call it 'Aadhaar' or foundation. Aadhaar addresses the mobility issue too. If you are going to be mobile, you need an identity that travels with you. The ability to create a national identity infrastructure is very important in a very mobile society. 

What kind of Aadhaar numbers are you looking at? 

600 million in the next four years. 

By that logic, by 2020 every Indian should have a number. 

Yes. In our view, there are three basic numbers everybody should have. The Aadhaar number to identify themselves. A mobile number to communicate and a bank account number. In the world of 2020, everybody will have these three numbers and use them as levers for their aspirations. 

You don't take a salary. Why? 

My salary gets automatically routed to the Prime Minister's Relief Fund . That's a better way to do it than the Re 1 salary model, I figured. I am doing this as part of giving back to society. When I come home to Bangalore on weekends, I pay my own way. But I do have a government house and car in Delhi. 

Many people in the corporate sector would like to follow in your footsteps? 

For my project itself, I have got lots of people as volunteers, on sabbatical from outside. I meet a lot of people who have reached a point in their lives when they would like to contribute to public service if they get the right kind of role. People who have been very successful in business, in corporate and other fields. There's definitely an interest but everybody wants to be in the right role. 

What kind of innovations can emerge from India ? 

One of our objectives is to create an innovation ecosystem. On the Aadhaar infrastructure, you can build applications. Some young kid will come out with a nifty application using Aadhaar on the mobile phone where a group of people will suddenly be able to do something they couldn't do earlier. You build these platforms where you take care of what's in the public good. But we should not be writing the innovations . Innovations should be done by innovators. 

What do you see as the one overarching idea of the next decade? 

The defining meta idea is that Indians in the next 10 years will think more of their future than of the past and believe me that's important. It sounds simple but it changes everything. 

Will politics change too? 

Obviously. If people are going to be talking of their future—of how it will be better than in the past —politics has to respond to that. 

Falling Birth Rate


The dearth of births

Why are so few young Japanese willing to procreate?

A special report on Japan


from PRINT EDITION | Special reports
AT 84, Masuyo Hirano happily describes herself as in "the spring of my life." The sprightly woman lives in a nursing home with 50 other pensioners. But she is not idle. She votes. She does acupuncture. She and her friends sing karaoke, their delicate hands wrapped around the microphone. She dexterously weaves slippers from multicoloured ribbons that take days to finish, and hands them out to visitors like sweets.
There are two reasons for her happiness. The first is that she has made satisfactory arrangements for the remainder of her long life. In a country where 28m people are over 65 and many millions live alone, are bedridden or suffer from dementia, she has found herself a place that is a model of public-private care and will look after her until she dies. She has no children, and will not need to ask her relatives to do anything further for her.
The second reason she is happy is that she knows what will happen to her remains after her death. The Yashioen nursing home in Saitama, a district north of Tokyo, offers her a burial club in which she and her friends will be placed in the same tomb together, which the nursing home promises to tend. This sort of service is likely to become more popular in Japan as elderly people have fewer children to mourn them. Many Japanese in their later years are tormented by the prospect of lying in a lonely and forgotten tomb. "I've talked this over at length with my nephews and nieces," she says. "I don't want to be a burden on them."
When Ms Hirano was born in 1926, her parents' generation was not expected to live beyond 50. Today her age is nothing exceptional; life expectancy for women is 86 and for men 80. Japan has known for decades that it was getting older. Its growing life expectancy, now the longest in the world, was a cause for celebration as far back as 1962, when a special report by The Economist described it as possibly "one of the most exciting and extraordinary sudden forward leaps in the entire economic history of the world". The fruits of this success are now known as "hyper-ageing": no other country has grown so old so rapidly. The median age is approaching 50. That is surpassed only by Monaco, a Mediterranean retreat for wealthy pensioners.
Some of the stories about Japan's enduring centenarians need to be taken with a pinch of salt. This summer Tokyo's supposedly oldest man, 111-year-old Sogen Kato, turned out to be a heap of bones covered in newspapers dating from 1978. His daughter, now 81, had been collecting his pension for decades. That event turned up a few similar cases. But for all the "missing" centenarians, there are still reckoned to be about 40,000 bona fide ones. So many have reached the age of 100 that the silver sake cups they are customarily awarded have been reduced in size.
The darker side of that heartening picture of longevity is Japan's shrinking birth rate, which at 1.4 per woman is the second-lowest in the rich world, after South Korea's. From the start of the Meiji period in 1868 Japan's population rose for about 70 years. During that time Japan cast off its isolationist feudal system, opened its borders and started its headlong rush to industrialisation. Then, in the 1950s, fertility started to plummet. Since the 1980s, when the birth rate fell below 1.5 children per woman, Japan has, in effect, had a one-child policy—though, unlike in China, it was self-imposed.
It came as a shock to demographers when the 2005 census showed that the number of deaths exceeded that of births for the first time: the population had started to shrink two years ahead of schedule. The 2010 census results are currently being processed and preliminary results are due in February 2011.

Go on, have another one

Since the mid-1970s, when it became clear that the number of births was resolutely declining, Japanese governments have made efforts to encourage people to have more babies. But for all that they have increased child benefits and provided day-care centres in the past 30 years, the birth rate has remained stubbornly low. One reason is that in Japan, unlike in the West, marriage is still more or less a prerequisite for having children. Only 2% of births take place out of wedlock. And weddings cost a lot of money. The more elaborate sort may involve renting a chocolate-box "church" and hiring or buying at least three bridal outfits. The average cost of a Japanese wedding is about ¥3.2m ($40,000).
Having gone to all that trouble, married couples do, in fact, have an average of slightly more than two children, just above what is needed for births to exceed deaths. The trouble is that fewer and fewer people get married. Women wait ever longer and increasingly do not bother at all. According to the NIPSSR, six out of ten women in their mid- to late 20s, which used to be the peak child-bearing age, are still unwed. In 1970 the figure was two out of ten. And almost half the men between 30 and 34 were unmarried in 2005, more than three times as many as 30 years ago.
But the cost of weddings may be the least of the reasons why the Japanese are increasingly putting off marriage or avoiding it altogether. One weightier one is that employment rates among women have increased but private companies implicitly discourage mothers from returning to their old jobs. Toshiaki Tachibanaki, an economist who has written on inequality among Japanese women, finds that about 80% of female civil servants return to their old jobs after having children because they get reasonable maternity benefits and help with child care. But in private companies they are typically less well looked after, and only about a third go back to work.
So most women are forced to take low-paid irregular or part-time jobs after having children. NIPSSR figures show that the vast majority of working women aged 35-49 have jobs of that kind, earning ¥500,000-1.5m a year. Most men in the same age group work in regular jobs (with fringe benefits) and are paid ¥3m-6m.
It does not help that unemployment is high and incomes are low among the young—especially among young men, who increasingly give up even looking for jobs. One of Japan's most prominent sociologists, Masahiro Yamada of Chuo University, thinks that most young Japanese women still want to be housewives, but are struggling to find a breadwinner who earns enough to support them. He points out that half the young people of prime marrying age—20-34—still live with their parents. In the 1990s he coined the term "parasite singles" to describe them. They seemed to be getting a good deal, saving money on rent and spending it on foreign travel and luxury goods instead. If they wanted privacy, they could always go to one of Japan's ubiquitous love hotels.

Leave me alone

Since then the "parasites" have got older, and a lot of them are living with their parents not because they want to but because they cannot afford to live independently. They are moving towards middle age but have remained single, working for low pay or unemployed. Some have even become what Mr Yamada calls "pension parasites", living on their parents' pensions.
Part of the problem may be that young men, who during Japan's free-wheeling boom era rarely saw their workaholic fathers, do not want to fall into the same trap. Some of them have become "grass-eating men" who prefer clothes and cosmetics to cars and avoid life in the fast lane. Others resort to hikikomori, locking themselves in their bedrooms and refusing to talk to anyone, even the parents who deliver food to them. Many of them have watched their mothers divorce their fathers on retirement. Those men are cruelly known as "dead wet leaves", whose wives have trouble sweeping them out of the home. The Japanese are also learning from personal experience that looking after elderly parents can be more costly and time-consuming than looking after children. That may be another factor in their calculations.
Florian Coulmas of the German Institute for Japanese Studies in Tokyo, who has made a special study of population issues in Japan, has no easy explanations for the low birth rate, but describes it as the "bitter fruit of success" in Japanese demography. "A growing percentage of the population, both married and never married, without children has no vested interest in society, with hitherto unknown consequences for its self-image and sense of purpose," he writes. And even if policymakers managed to reverse those choices and persuade the Japanese to have many more children, the benefits to the workforce would not be felt for 20 years.

Saturday, December 25, 2010

MySnaps: India Trip (1) :: Dec 2010



---------- Forwarded message ----------
From: Ravi S Khot <ravikhot@gmail.com>
Date: Sat, Dec 25, 2010 at 3:38 PM
Subject: MySnaps: India Trip (1) :: Dec 2010
To: RSK <ravikhot@gmail.com>


Some snaps from the recent India trip...this series is about close-ups/portraits..... do take a look




RSK

Incredible sports stunts



 A compilation of the most incredible sports stunts to be  ever seen! Be prepared to press the rewind button to see some of them again and again!

RSK





More people need to do this


IIT-B's 1985 batch pledges Rs 4.5cr to alma mater


MUMBAI: Old boys of IIT Bombay played Santa to their alma mater on Christmas eve. As part of their legacy project, the class of 1985 pledged Rs 4.5 crore to support technology and sustainable development through academics and entrepreneurship here on Friday. 

Celebrating the silver jubilee of their graduation, they have already gifted Rs 2 crore and the rest will be handed over on alumni day on Sunday. 

"Promoting technology and sustainable development sends a message that we consider them very important. This will serve as a catalyst for directing focus and resources from the administration and other funding agencies towards this," said Amol Mahajani, the overall batch coordinator. 

IIT Bombay will use Rs 1 crore to set up a 'Batch of 85 Chair Professorship' in Technology and Sustainable Development. It is designed to attract an eminent researcher and teacher in the field. 

Another Rs 1 crore will go towards creating and funding an IIT-B Business Plan Competition in the same field. The chair will then anchor the competition. Apart from prizes, winners will also be mentored to ensure their plans translate into successful businesses. 

Attracting good faculty is also high on the tech school's priority list. So, Rs 1 crore will be earmarked for signing bonus which will help attract quality faculty. "Even the B-plan competition is to promote the spirit of entrepreneurship among students, as IITians are always criticized as being job seekers and not job creators," said Ajay Bhagwat, an organizing committee member from the 1985 batch. 

From the balance, a substantial amount will be spent for retired faculty who taught this batch. The money will be, especially, used to pay medical expenses of their teachers.

Sunday, December 5, 2010

Go Back in an Urn

(From Scotts Adam blog)

Yesterday I was updating my retirement plan through age 110 and wondered if it was long enough. It seems to me that medical science is progressing so quickly I have a good shot at reaching 140.

This got me thinking. What will happen when medical science can keep almost anyone alive indefinitely, albeit looking like a peach that has been left in the sun for a month? Isn't it inevitable that assisted suicide will be legal?

There's no way the global economic system can keep several billion people alive over the age of 100. And if we assume most of those people can vote, and most of them will want at least the option of checking out early, then legalized assisted suicide is a near certainty.

The people over a hundred will want it, and the young people who wish the old people were dead so it would free up resources will want it too. There's your majority right there.

In the short term, assisted suicide only needs to be legal in one country that has a good airport. Just fly in, let the doctor kill you, and go home in an urn.

Is it inevitable?


Thursday, December 2, 2010

Lets hope other Indian Industrialists take the cue.....



Azim Premji donates 8.6% stake to own charity foundation



MUMBAI: Azim Premji, who cut short his education to look after the family business after
 the death
 of his father in 1966, will use a portion of the wealth accumulated in shares of his company , 
Wipro, to build schools, train teachers , and fund other educational activities. 

Premji, chairman of India's thirdbiggest IT services exporter , will do this by transferring 
about 8.6% stake worth over 8,000 crore to a private trust controlled by him. 
The trust will then use the money to finance the educational initiatives being carried 
out under the ambit of the Azim Premji Foundation. 

The shares, at current market prices, are worth 8,846 crore, and represent the single-largest 
donation by an individual towards philanthropic activities. Premji's stake in the company is
 expected to come down to just over 70% from 79% now. 

The move comes at a time when there is greater awareness about and spotlight on the social
 responsibility activities of corporates and industrialists. Many industrialists such as Sunil Mittal 
of Bharti and Shiv Nadar of HCL Technologies are spending money on education and the
 government is also stressing greater  corporate involvement in social service activities. 

Nadar recently donated over 580 crore by selling his 2.5% stake in HCL Technologies to fund the 
education initiatives of his eponymous foundation. Mittal's Bharti Foundation is running free 
English-medium schools for about 30,000 students in Punjab, Haryana, Rajasthan , Tamil Nadu 
and Uttar Pradesh. 

ET was the first to report that Premji was planning to sell a small part of his stake in the country's 
third-largest software exporter to fund education activities , in its edition dated October 21. 

The Azim Premji Foundation runs philanthropic activities and has so far been funded directly 
by the Wipro chairman. By transferring the shares to an irrevocable trust, the funds cannot be 
used for any other purpose, said Azim Premji Foundation CEO Dileep Ranjekar. 

Premji was forced to leave his studies in electrical engineering at Stanford University, California,
 USA, at the age of 21 to take over the family business when his father MH Premji passed away 
suddenly in 1966. He completed his degree in 1996 after a gap of over 30 years. 


"The foundation is scaling up its activities significantly and the trust has been constituted 
to meet the long-term commitments of the foundation," Ranjekar told ET. The foundation is 
embarking on the next phase of its strategy, which includes setting up the Azim Premji
 University , focused on post-graduate courses in the field of education and development ,
 continuing education programmes for teachers and other professionals in the area of 
development and education, and expanding its reach at the district and state level through
 resource centres. 

It will also set up elementary schools to demonstrate quality education at low cost.
 All the initiatives will be targeted at underprivileged people in rural and urban India. 
The university, which will have its first campus in Bangalore, will require about
 Rs 250 crore annually to run operations, said Ranjekar. 

KR Lakshminarayana, who was responsible for Wipro's strategy and mergers & acquisitions, 
has been appointed as the endowment management officer. His role will not only be to make funds 
available to the foundation, but also to manage the corpus and grow it. 

"What Premji has done is very exceptional and will hopefully set the direction for other industry captains.
 I would compare it to initiatives like Bill and Melinda Gates Foundation and Warren Buffet Foundation ," 
said an industry expert. "Instead of selling the shares, Premji has chosen to transfer the shares. 

There is not much difference between the two," said Nitin Podar of law firm, JS Sagar and Associates . 
Ranjekar said the foundation had taken legal opinion and there was unlikely to be any immediate tax 
implication because the sale proceeds will be used for not-for-profit purposes. 

The foundation has touched over 25,000 schools and over 2.5 million children since it was 
set up in 2001 by working with state governments and assisting government-run schools. 
For the first time, it will now set up and run a few elementary schools on its own.