Sunday, April 5, 2009
Indians and the world war
Wednesday, March 25, 2009
Grow up Kolkata
Thanks to the political parties of Kolkata to make its condition even worse. Though in pen and paper everything seems to be all right but as a resident of Kolkata I can feel and see the real scenario. I think its an inevitable side effect of every communist country or region to make the people believe in shortcuts and kolkata is no exception. Moreover the local government is adding up fuel by allowing and promoting the lottery systems instead of motivating them to work or providing the infrastructure to work. In my locality in the last 14 days 2 men committed suicide just because of this habit of buying lottery. Instead of doing something to improve his condition he kept on buying those tickets in the hope that he will get rich. But now see the condition of his family. It is even tough to find a job over here and thanks to MAMTA BANERJEE for her unwanted role in the SINGUR incident which shattered the positive hopes of many. There are loads of recruitment consultancies but surprisingly the jobs offered by them are mostly from private insurance companies. This is because there is hardly any new venture happening here. An MBA over here is under rated and a graduate is happy with his/her RS 5000 job. Times have changed and over the last 30 years the government has taken responsible steps to ruin the economy and culture of the city. Though even today Kolkata is regarded as a hub of culture but sorry to say, making remixes of Rabinrasangeet or just carry a guitar or hanging around tea shops (CHAER DOKAN) is not “culture” to me. The situation is getting even worse when the illiterate opposition is trying its best to destroy the initiative taken by the government, but the people of this place knowing everthing, sitting idle and accepting the injustice boldly. I must say that the people of kolkata are very bold at least they can overlook everything very boldly and confidently. Nothing much to say about the young generation over here. They don’t want to know about the problems, they just know how to escape them, afterall they are busy copying the west and spent most of their time in composing songs which will do good to none, or growing their hairs or finding a girl to ruin her life. Its high time guys. This is the actual condition of Kolkata.Grow up and make her glorious as before…Instead of Music bands or lottery coups, we need entrepreneurs, and we need a leader.
Monday, February 2, 2009
Overlooked factor of the Indian Economy
Though the Indian economy is growing fast yet many things or factors are remaining unexplored and often overlooked. Recruitment is such a vital factor. If we do a quantitative analysis of the Indian recruitment business market then we will see that the business is quite profitable and competitive. Almost every week a company or the other is rising up here and there. But if we look deep into the real story, then we will find out that the basic system is faulty. Perhaps it is a major factor behind this brain drain. Ultimately we are losing our resources in hands of the western brain and money. All this is happening because all the firms are busy sending our country made resources to the foreign land and ultimately our performance in the economic arena is getting hampered. But just imagine if they try something different say the exact opposite of what they are doing today. I thing change management must be implemented everywhere. I think that if the recruitment firms also start promoting our rising quality and skilled Job requirement to the western countries then it will be profitable and act as a positive factor in protecting the business from stagnation. This is because the present recession hit the western countries in a much higher way than in
The major loophole in the Indian recruitment industry is their own selection of employees. Most of the recruitment consultants don’t know the difference between sales and marketing .and every time you find for a marketing job they will offer you a sales job. In
Friday, January 23, 2009
Indian Non Banking Financial Organizations: The actual story revealed.
I have worked for several years with many of such organizations and observed that there are few basic flaws in their operations but they are not ready to rectify them. In India most of such NBFCs have a target oriented approach. Setting targets for profits is good but their target setting mechanism is absolutely unscientific. They set monthly targets for their employees and this is done randomly, not on the basis of capability. Now if a person from a ordinary family background joins such a company and his colleague is from a rich family and both their monthly target is same, then obviously the second one will be able to get more cases and business for the company using his family sources and will get promoted easily. But the ordinary one will finally get sacked. This is happening everyday but the companies don’t even think that this way many people are becoming jobless and help less. They actually don’t care. A good company always first take care of the internal customers and then the external customers. But in India the situation is completely different. The internal customers are exploited to the maximum, the external ones are ignored and harassed and the company in between makes the profit. Now if we talk of the HR or the authority which monitors everything, we will actually get frustrated as they do nothing. I have noticed that the perception about HR is mere recruiting authority and they actually take care of the recruiting and salary part only. But the actual job of HR or domain of work should be much larger. The HR is actually a bridge between the company and the employees. But in India the Hr is just a bridge which connects itself to the company and no one is allowed to use the bridge. It happened with me 1 year back when I was going to put a resignation letter to the HR due to change of job. I have not yet got the salary clearance. Do you want to know the name of the company?? We will be shocked to know that such a big company can do such a cheap thing…My ethics doesn’t permit me to openly disclose the name, but just to provide you an idea I’ll tell you that the company has its branch in Gariahat,Kolkata, New Delhi, Ambadeep Building.
Besides I have also seen how they are doing their force selling practices and if a person doesn’t need any investment or insurance they will not spare him as if he/she has committed a crime. But ideally they must create a ground for educating the masses first as I feel that in India around 20% is properly insured and the rest 80% is untouched.Regarding investments and insurance there is widespread ignorance and the financial institutions must first focus on educating them through various activities rather than directly forcing them to buy their product. A “rickshawalla” of Calcutta also needs an Insurance but if we tell them to invest a certain amount he will never understand. Moreover the insurance companies do not have any option for the poor classes as they can’t give high premiums. The companies are smart enough to approach the rich people as they will fetch higher premium hence higher revenue/profit. Now I think it will be an eye opener for all of us as I have shared the actual story. It is just to show you that its your money and how they are running into profit using the money of the masses. So next time you are going to invest in any such company, think twice as how they actually operate.
Tuesday, January 20, 2009
The purpose of "INSIDE STORY".
As this is my first post, I have decided not to write anything serious but will explain a little about my blog, myself and my purpose of starting this blog. Its not that I am new to blogging but the blog I maintain is for official purpose as presently I am into the online marketing profession. But the main reason for starting this blog is just to pen down the various ideas which comes to my mind everyday, the things I have experienced and the things which I observe everyday. I feel that people’s mind is like a datacenter where millions of ideas and thoughts get stored everyday, but most of the time we forget those due to lack of organization. But every idea is important and if jotted down in an organized manner then someday or the other it may benefit someone. Thus this blog will contain all such ideas, experiences which may be related to any field like finance, job, investment guidance, fashion, history etc whichever comes to my mind. My purpose will be to include information on job market and current job openings in