Business to the Buddha

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  • Panama leaks, IPL & the rulers







    Kill! Kill! Kill! the arena was full with the viewers and they were shouting, it was horrific scene. The gladiator was looking at almost a corpus – the other gladiator – who had lost the battle. Fate of this gladiator was in the hands of winner or the king. People were giving their verdict ‘to kill the losing gladiator’. What was wrong with these people who were enjoying such brutal and life taking game? I suddenly woke up and started thinking about this dream.

    The arena has changed, shouts for kill is changed too and now instead of the queen asking us to “eat cake, if we do not have bread.” The politicians are serving us IPL and other trifling stuff to divert our attention.

    No wonder there is widespread corruption, Panama Leaks seems to be the tip of the iceberg. Can we doubt of existence of 100s of other law firms in Panama or any other tax heaven? If there are ten more such law firms worldwide, what number we are looking at – in terms of corruption or black money? The problem is in most countries, let me take India as a case in point (as I live in India), there may be parallel everywhere though.

    Secondly, heard about few of the World Cup T20 matches were fixed. Vijay Mallya haggling with banks after eating thousands of corers for settlement. On top of this haggling RBI governor stating – Releasing defaulter names can ‘chill business activity’. We are fighting with each other on who should or must win, who is in your or my dream team and here the whole economy is at the ransom of those who are so powerful and mighty and yet in so much debt (and defaulted on debt) that if their names are made public economy of country will be standstill! At the same time, it is beyond doubt that those who have defaulted have a lot of money stocked in tax heavens. Otherwise how come Dr Vijay Mallya say that he can pay 4000 Cr in coming days. Why didnt he pay this amount before KFA becoming defunct?

    It is not just about one man. It is about those thousands who have stocked money and poor people of their country are dieing of hunger or more recently of thurst (In Maharashtra India) or are jobless. Once again quoting – Mr Rajan governor of Reserve Bank of India Panama Papers: Dangerous to question the legitimacy of wealth! Seriously! If people have legitimate wealth why would they hide it in tax heaven? Well, its likely that the answer will be – according to xyz legal framework created by (many of the corrupt politicians as the law maker) the then Govt it is legitimate to under Liberalized Remittance Scheme to put your money out of the country.

    It is like 1. making rules for your own and close clouts convenience and 2. than hiding behind the same to make your ill gotten  money the garb of legitimacy.

    FarmerIn all these – we are trending on twitter about local teams matches as hashtags! Forget that, we are not even considering that people and their cattle are thrusty but we are enjoying the tamasha of IPL where a lot of water is going in drain. Again, what is the argument? Maharashtra Govt may lose crores of rupees if matches are moved out of state. What is the probability and assurance that Govt will use the revenue generated by IPL for 1. prevention that is providing water to drought hit areas and 2. correction that is taking steps so that in future we do not face drought like situation.

    Governments (in effect rulers) earn most in the tragedies of citizen – be it flood in UP or earth quack in J&K or drought in Orisa or Maharashtra even floods! We’ll forget all the natural or man-made calamities and go back to our TV set or stadium and start shouting – six, or Kohli or slogan of a team. On parallel worldwide – for IPL in India, we’ve soccer in the Europe, NBA, NFL in USA and so on!

    This time the shouts of KILL are changed that is it. This time rules don’t ask us to eat cake if there is no bread, they show us the revenue generated in Govt tax collection. But problem remains – Forget terrorist! who knows the french revolution this time may explode the whole world?

    Image 1 source – http://famouswonders.com/wp-content/uploads/2011/12/Depiction-of-Gladiator-games-by-Jean-Leon_Gerome_Pollice_Verso-400.jpg

    Note – Author referred to RBI Governor’s statements, but believes the rot in the system is political & crony capitalistic.

  • Our Ego Vs the Universe!







    I have written on ego earlier, actually a couple of times. I received this video on Whatsapp found it interesting so thought to share it on my blog – The universe is so big and thankfully we know this now. Still we create our own world due to our ego – Size of the Universe

    The world we create around us Vs our size

    The source of this video is unknown to me currently.

  • Identity crisis







    A person wrote on his matrimony profile on defining a suitable match – “Preferably a doctor or an engineer…” Sounds funny isn’t it?

    I was talking about this topic with my wife and she had contention on the subject not on the content. I gave it another try – I told her, remember Golmaal old movie? In that movie Utpal Dutt has a perception – people with mustache are good in character. That is a way of creating a perception, an identity. Let me put more types of identities – say I identify myself as an Indian. You identify yourself as a CA or a Marwari or a born Bengali. These are all identities. What if one fine day morning we remove these identities of each individual? Would world be a better place? Perhaps yes. Let me give you an example –

    Say two people waking up in Gaza strip and Jerusalem on Monday morning – both of them identifying themselves as

    A – Muslim, inhabitant of Palestine, suppressed etcjust-be-597091_640

    B – Jew, Original inhabitants of Jerusalem etc

    If on a Monday morning A and B both only know that he/she is supposed to do xyz activity. Remember this activity is not killing the other. The activity is for survival and comfortable life perhaps peaceful and progressive life. Would there be a solution to Middle Eastern problem?

    Take another example – if followers of ISIS forget they are following the commandments written in Kuran! They get into the crisis of identifying themselves as someone who is fighting a holy war. Would we have a solution in Syria?

    In the context of religion, if every human being forgets that he / she is associated with a religion – though keeps on following the suggested practices – wouldn’t we have far lesser organized, religion based crimes in the world?

    In political sense the identification can be – he is a democrat and she is a republican. Should we define ourselves or others in these lines? Why should one be identified by such labels?

    Let me go a step further, what if we stop identifying ourselves from Nation A or Nation B, we just remain a nobody.

    The crisis are mostly created by the identities we have created around ourselves, isnt it? If we get rid of our identities wouldn’t that crisis be a good solution?

    At a very basic level, the identity could be – I am an engineer or you are from Vernacular medium of education. Yes these small things become identity and at times do or die reasons; recent example is Rohith Vemula. In India we identify people with their castes too. The other definitions are – I own a BMW, he has a Maruti 800 1998 model and that guy doesnt even have a car. I am rich, he is poor. On me this could be – com’on I write blogs! I have an identity on the internet. Isn’t it too shallow?

    We need to get rid of all these labels.

    Well, I had written the sentence “Preferably a doctor or an engineer…” on my matrimony profile. I had most serious discussions with an Arts graduate, I got married to a commerce graduate. That sentence I wrote because some or the other site made it mandatory to write partner preference, my full sentence was – “… There has to be understanding and matching of thoughts…” I wrote those two criteria because I after stretching enough I was not able to complete some word limit, I think 200 words!

  • Inclusive growth, How?







    There is income inequality. Agree? If no check this – IMF Publication

    …increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down…

    If businesses want to earn good profits in long term; businesses need to improve purchasing power of poor. Why? When people will have enough money to buy products/services, then only profits will increase at a better rate. Isn’t it? The simple explanation to this is – once poorer population gets resources (buying power) market size for companies increase multiple times. The increase would not be for one company but for every company in the market. One example of that could be involvement in CSR activity wherein poor can get good basic facilities and opportunities to earn. Once the poor can earn, they can spend too! Of course a caution here is – CSR is not charity, it should not become charity where it may lose its meaning.

    If this logic is clear – shouldn’t business be investing in making people prosperous? Once we do this we would solve a big problem – poverty. Hopefully, we will be able to not only grow the businesses but also grow every strata of society. Isn’t it? This is interdependent co-arising.

    Let me share a store, a very old & cliche, but I think that can drive home the point.

    Heaven HellLong ago a person wanted to see how heaven and hell were. An angle obliged and granted the wish. Person was blindfold and was sent to hell first.

    When the blindfold was removed, person was standing at the entrance to a great dining hall, full of round tables piled high with delicious foods of all kinds.

    The person noticed that, people seated around those round tables but their bodies were thin, and faces gaunt and creased with frustration. Each person sitting on dinning table held a spoon though their arms had no elbows and the spoons were four feet long. These people could reach the food on those platters, but could not get the food back to their mouths.

    Next the person was sent to the heaven. In the heaven the entrance to the dining hall was big, it too had round tables with piles of lavish feast as hell had. Here too people did not have elbows in arms and they were holding long spoons about same length as the hell. The person noticed that the people in heaven were plump and happy, the dinning hall was full of joy and laughter. Situation in both – Heaven and Hell were similar, however there was difference in the milieu, the reason?

    The difference between heaven and hell was – the people in heaven were using those long spoons to feed others so effectively everyone was full, plump & happy.

    Source of the story is AnomalyBeta and LinkedIn

    —

    So, if we take the concept of interdependent co-arising as the core of growth, capitalism or communism or any economic structure we follow we will surely have inclusive growth. The catch here will be – value of money will decline, and exclusivity (as marketing or demand / supply concepts of economics) will play in different fashion. In whatever case at least the basic necessities hopefully be fulfilled.

    Other blogs on inequality – The Price of Inequality, Not so trickling down!, Economics concepts and equality and Has the time for this idea come? and Inclusive growth

  • Kanhaiya to Mallya why lessons from Buddha Prevail!







    Recently India saw two very poles apart events and both can make us learn – the Middle Path of the Buddha. One incident was of JNU – ultra leftist & anti establishment – and the other was bank NPAs (one example of Vijay Mallya) – ultra rightist & Crony Capitalistic. I did not write anti-national as those who read news or biased towards one side would find my opinion biased even before reading the post fully, so ‘anti-establishment’ was the word used.

    The backdrop of Javaharlal Nehru University row is this – students union of JNU requested for a cultural event. Well, for those who do not know JNU is a University in Capital city of India. JNU students union is a leftist union. This event turned sloganeering against India. The slogans – besides anti India – included supporting terrorist who (in rarest of rare capital punishment in India) was hung during previous Govt. The previous Govt was run by the  parties currently in opposition – including left front. In twists of the whole drama a hero emerged named Kanhaiya Kumar. When I searched and heard one Professor of JNU, I came to know more about left front. They seem to support the whole drama where slogans were raised against India. This support goes deep down in the intellectual class sitting in news channel studios in Delhi.

    Domestic helpThough anti-establishment word sounds weird because where was the class of Kanhaiya Kumar for last 10 years? Where were they when there were a lot of corruption cases? Suddenly that class is demanding Azadi (freedom), well freedom from whom and what? If you demand freedom from poverty – work! Isn’t it a better solution? Azadi from toot-phoot (breakup) – better you do not do it, isn’t it? Currently who is involved in toot-phoot (look at parts of India where Maoists are active & killing). Azadi from terrorism – better you support or join security forces isn’t it? Why were student’s slogan in support of Afzal Guru (a terrorist)? Azadi from Manuwad & Brahmanwad (it is related to caste system of India) – I too am against caste system. Would it be better to do something at a grass-root level instead of sloganeering ‘against India’? Azadi from suit boot (economically better off) – isn’t it good if you do any of the other things listed above you would get in suit boot? Perhaps someone else will raise voice against you! But does it mean you and the other economically better off should leave everything and become poor in support of you to have Azadi from suit boot? The logic of communism is at question here – to bring affluence or wealth to less privileged is a better approach rather than making everyone equally poor to bring equality. Isn’t it? Read about Aarti Amma here these people should learn from her.

    Indian Big Corporations debtOn the other hand there is another class in India – capitalists. They are those who either mend rules or get rules created to favor themselves. According to some reports the amount of debt big corporate houses in India have goes in lacs of crores (of trillion INR). The example of top 10 debtors is below in image. These corporate houses are those who keep close relations with the law-makers (political parties – either in opposition or in power). So, these debtors enjoy the debt money lavishly. Once they kind of run out of money, they get debt restructured (happens to big companies only). There is a fancy word for that – Corporate Debt Restructuring. One such example in India is Dr Vijay Mallya of Kingfisher Airline. We’ve heard of his lavish birthday bashes and Calendars; he owes 7000 cr (70 Billion INR) to banks. His airline is defunct and he recently fled; banks has declared him willful defaulter a couple of months back.

    So in recent times, India has seen extremes of both the sides – failure of overly capitalistic system where crores of rupees are usurped by organizations without remorse and there are overly leftist those who want to overthrow the establishment itself. We have seen an example of USSR failing and we have seen repeated recession / bankruptcy. These examples teach us same the lessons again and again. There is a middle path that we need to follow, No left or no right. There has to be a balance.

    The solution? Once again it is the eight-fold path –

    1. Perfect Vision,
    2. Perfected Emotion,
    3. Right speech,
    4. Right action,
    5. Right livelihood,
    6. Right effort,
    7. Right mindfulness, and
    8. Right meditation

    All of these have to come from within, outside perspective will contaminate these. Meditation is a one single solution, it may provide each one of us from Kanhaiya to Mallya ‘tranquility’ that will help reduce the fascination to revolt or predilection to cheat. Because if we start following this eight-fold paths we would realize – ‘we all are connected’, ‘we all are interdependent‘ and if we want Azadi, this azadi would be from whom? If we want to cheat the banks, it is in turn cheating with someone who is a family of ours.

  • Truth is really something you do!







    I have been reading one or the other story of Father Anthony De Mello’s books – The Prayer Of The Frog Vol. I and Prayer of The Frog Vol. II and share the same here occasionally. The books have small and very interesting stories. One of the story I read was on a balancing act is here –

    ————

    Truth is really something you DO

    The disciples oprayer of frogf Baal Shem once said, “Tell us, dear Rabbi, how we should serve God.”

    He replied, “How should I know?”…then went on to tell them the following story:

    A king had two friends who were found guilty of crime and sentenced to death. Now even though the king loved them he dared not acquit them outright for fear of giving a bad example to the people. So this is the verdict he gave: A rope was to be stretched across a deep chasm and each of the two men was to walk over it—to safety and freedom or. if he fell, to his death. The first of the two got across safely. The other shouted to the first across the chasm, “Tell me, friend, how you managed it.” The first shouted back, “How should I know? All I did was this: When I found myself listing to one side. I leaned to the other.”

    You don’t learn to ride a bicycle in a classroom.

    ————

    Balance is what needs to be practiced by everyone and not one or the other only, that can bring harmony & peace in the whole world.

    Tolerance Vs Being True To Yourself was the title of this weeks LBC (Loose Bloggers Consortium) where currently eight of us are supposed to write on the same topic. I have written on tolerance earlier too when India was facing with media created debate of whether India is tolerant? As usual I write by changing the topic a bit, mostly go completely awry and write; hope mostly it connects with the topic. The seven other bloggers who are expected to write regularly are, in alphabetical order are Ashok, gaelikaa, Lin, Maxi, Padmum, Rummuser and Shackman. The title was suggested by Shackman. Do drop in on their blogs and see what their take is on this week’s topic. Since some of them may post late, or not at all this week, do give some allowance for that too!

  • Flawed business model







    There was a company Kingfisher Airlines which owed 7000+ Cr (70+ billion INR or well over 1B USD) to a consortium of banks in India. The company could not pay its debts; its owner/company recently was declared ‘willful defaulter’ by few banks. Now, the owner Dr Vijay Mallya is shifting to England with all funfair.

    Indian Big Corporations debtThis event and the total debt (sourced from a LinkedIn post above) makes one seriously think – is it true that “The wall streets fraud” as Bernie Sanders US presidential candidate has said earlier? In India, we have very contrasting examples – one side there were many farmers who were committing suicide because they couldn’t repay loans and on the other side we have banks with NPA (Non Performing Assets) & professionals who do “Corporate Debt Restructuring” resulting in many if not all NPAs in future. At present Indian PSU’s NPA is more than their Market Capitalization.

    Isn’t it “a subsidy transferring wealth from the rest of us to a select few” as the article rightly says?

    Just imagine – the debts given above, tax evasion, Satyam case and many other cheating happening not just in India but in almost every corner of the world. For me ‘wall street’s fraud’ is just a metaphor, there are many more frauds we are confronting daily. I have written on a few earlier – Volkswagen & Toshiba, Rajat Gupta and Moral Markets! to name a few. Are we really maturing as human race? Or we have become more deceptive and satanic?

    Just another example is the double speak of developed world on saving the earth – read Profit over the Planet.

    The point, after lamenting so much is always – how do we solve these problems? Only way I see is spirituality – Paris attacks – solutions please moving towards being saint in suits rather than Thief in Tuxedo.

    Related blogs – What are you searching for?

    Image source – LinkedIn post of Mr Hariprakash Visant

  • Pets







    “Pets” as a topic to a blog sounds weird, especially when it is put on a blog site titled – Business to the Buddha. Well the topic reminded me of my old blog – Master is servant’s servant, Lessons from Twitter etc.

    The defiDognition given at Dictionary.com for Pet is – “a domestic or tamed animal or bird kept for companionship or pleasure.” Can we push the envelope of this definition and define pet without the word ‘animal’? Because we see many people also behaving like animals – anti-social ways and as pets (perhaps like sycophant) both! Though, I feel when animal’s show affection it is not necessarily sycophancy the way humans do. Well, if you ask a person who shows the characteristics of a sycophant, he/she would say – in business/professional life one has to do it. Wonder if the other is not a professional (perhaps not a successful professional).

    In my case Internet and specially Twitter sounds more of a pet than any animal. Or its the other way round – I am a pet of Internet / Blogging / Twitter et al.

    Pet reminds me of my very first and only pet a dog – Snoopy – I had when I was 12 years. It was more of a responsibility for my mother than for me. Snoopy was more of a toy to me; a cute little 7 day old pup. My mom told me to leave it with its mother because Snoopy is too young. I agreed and that ended my small stint with a pet. However, that small period taught me that animals too have emotions & their requirements. Affection of mother was more important to Snoopy than anything else. Alsroseo, my pleasure was not the only thing that was important, it was wish, willingness of that small dog was equally important. Mostly we forget the second lesson in our interaction with fellow humans too. That turns out to be possession. The other person becomes a pet & your affection becomes a cage for him/her. This I am writing on Valentine’s Day, so hope few people will learn some lesson from here. Furthermore, if people learn from pet’s that love does not necessarily demand anything in return or any favor we would have a better world.

    Happy Valentine’s Day.

    Spread love to every living being and everything equally. World would become a happy peaceful place automatically, isn’t it?

    Image source – Dog – http://www.furballfitnesspetcare.com/ Rose – http://flowers-earth.blogspot.in/2012/04/rose.html

  • Kingdom of God!







    It was 2010, I was completing my MBA. We friends went to watch a movie ‘Tron‘, a movie by Disney. I was wondering about a few things while watching the movie. One, everyone is trying to make the world a perfect place and two, there is a fight leaving the place as it is or worse than what it was earlier. Why?

    I believe the reason for this is everyone has his/her own definition of ‘perfection’.

    Matrix was destroyed 7 times (in the movie The Matrix). What was the reason for creation of the Matrix?

    To make the world a perfect place. Why destruction?

    In terms of chemistry and dialog of The Matrix Revolution – whatever we do entropy increases. Entropy means “uncertainty of outcomes”.

    The next question arises – why is the trouble with increased entropy and a perfect place?Kingdom of God

    On conceptual levels of any reasonable human being, perfection would result in definitive outcomes. The trouble with that ‘reasonability’ is – perfection is a relative term. Relative concepts create conflicts. What is perfect for me could not be so for you.

    I learnt it from Prof Lopez. I asked for answers and once he told me – “Pravin, exactness is a cage/prison” once you are exact you would not move.

    Trust, this makes the idea simpler.

    The life loves simplicity! How many of us must have felt this. Be it relationship, be it conversations or understanding anything.

    Jesus said the kingdom of god belongs to the children; why because they do not have any filter to make opinion about the world. They see things ‘as is’. The lesson is about 2000 year old, alas! we are struggling hard to make the world a perfect place to live in. Result we making the world more complex, more sophisticated and therefore we are increasing its entropy. Moreover, on a philosophical level, peace lie within us and once someone is peaceful with oneself the place becomes perfect without any chance outside. Kingdom of God lie within us.

    Image Source – http://genius.com/5188338

  • Profit to Purpose







    Since long when I started blogging on Business to the Buddha; I had this in mind – we are all connected (Interdependent co-arising in Buddhism). Therefore, if the whole world wants to look at development, it can only happen if all grow, not at the cost of ‘other’. I have written about 260+ blogs in last 5+ years, recently, I found a perfect way this concept was presented by Tanmay Vora. It’s perfectly said that a picture says a thousand words, Tanmay has proved it right here.

    I requested Tanmay to let me share the drawing on my blog, and he was kind enough to let me do this. You can read his thoughts on Mindset shift here.

    Profit Purpose Saint in SuitThis is the idea of my thoughts on being Saint in Suit. We all need to grow as professionals and as individuals. We have to be saints in business and personal life both this will be profit with purpose.

    To read more of Tanmay’s thoughts go to – http://qaspire.com/