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Showing posts from February, 2020

We are living in a dystopian world!

As I sipped my cutting cup of of tea at the tea stall, I couldn't but help notice the guffaws of the sabzi waala (vegetable vendor) sitting right next - from what I could overhear in the cacophony of street traffic, he was watching some Bhojpuri standup comedy. The chai waala (tea vendor) noticed my scrutiny of his neighbour, smiled and then said: Jio ने सबको बीज़ी कर दिया है! ग्राहक आए या ना आए - ये अपना भोजपुरी इन्टरटेंमेंट में ही लगा रहता है! 😆  With the economic headwinds strong, and no sight of respite - it amused me to notice the scene I was in. The poor vendor was not disappointed or dejected; he wasn't looking forward to his job or future either - notably, food inflation has remained at its lowest levels in the last few years due to efforts of Modi government and the vegetable vendor has surely not had or expected higher earnings. Other forms of inflation - housing, transport (fuel) etc - are moderate and hence his savings, if he has any, would not have grown,  r

How entrepreneurs contributed to rise of the Indian freedom movement

Dadasaheb Phalke Nana Shankarsheth Many entrepreneurs, while opinionated about business issues, often tend to be apolitical or at least try to steer clear of making public their political leanings to prevent negative impact on their business interests. Some, of course, are fanatics, who also use their monetary success to defend and further their political interests.  Some others are fanatic enough to declare the entire political class as useless and corrupt. Nevertheless, for times immemorial, entrepreneurs have pugmarked the path of technological and social progress, albeit to further their business interests in the short term, but resulting in ultimate progress of society towards being more fair and equanimous. Some entrepreneurs who played a pivotal role in India's freedom struggle include G.D. Birla whose association with M.K. Gandhi is well known and his struggles against British & Scottish traders and his efforts to set up indigenous industry are well