Skip to main content

Bharat Ratna: Is the change in guidelines good?

Lately there has been a large hue and cry over the changing of the criteria for awarding the Bharat Ratna to "performance of highest order in any field of human endeavour". This is a modification from the previous criteria of restricting winners from the fields of art, literature, science and public services.


The detractors are saying that the rules have been changed to facilitate awarding Sachin Tendulkar. And since Sachin is a sportsperson, which is by nature "a form of entertainment" and does not contribute to nation-building, should be excluded. I have nothing to say for or against Sachin as an individual awardee. My only contention is that I am not very sure of how people like Bhimsen Joshi, Bismillah Khan, Lata Mangeshkar, Pt. Ravi Shankar, M. S. Subbulakshmi - all musicians have contributed to the "nation-building"!! Similarly, the award has been presented to all Prime Ministers that headed Congress governments. I am not sure how great a job was actually done by people like Gulzarilal Nanda, and MGR, Lal Bahadur Shahstri and VV Giri. 


I have nothing against these people individually. It is just that I do not understand that this holier-than-thou attitude of some professionals!

Comments

Post a Comment

Popular posts from this blog

Old friends reunite

This weekend was great. Saturday we went to the Alumni Association of our school (AGCS). I met a lot of old friends after over 14 years. I met Irshad, Tabish, Hemant, Debarshi Ganguly, Durjoy Sengupta, Rajni and Kavita after 1995. It felt really nice to see these people. Sandip (Das) is now in Calcutta for a vacation. So, today we met at Tung Fong, Park Street. Sandip and his wife, Sudipta and his wife, Biswajit and me. Sanjoy and Chotu came late, nearly the time when it was time for Bishu and me to leave. It's nice and cold in Calcutta now, so it was good to go to Park Street in the evening. The good thing was I managed to come out without eating a lot, so the new year resolution is on track.
Post a Comment
Read more

Oil, Liquidity and the Sensex @ 12K

The BSE Sensex – the default benchmark for the Indian equity market – touched 12,000 on Friday last week. There is a sense of euphoria, disbelief and caution in people depending on which group they belong to. There are people who have been waiting for a correction from 6000 and are amazed to see the sensex at double that. There are others who are perennial optimists and expect the market to continue giving them the returns in the way it has in the last 3 years. Milestones like 12000 are a nice point to just stand back and access the overall situation. So, what is the reality of the day? Today, the price of oil is hovering around $70 with the political situation in Iran not getting a whole lot better. Don’t think its going to come down in a while. Interest rates are showing signs of hardening. Prices of gold, silver, steel, aluminium, copper, zinc and sugar are in multi year highs. Real estate prices are going through the roof. So, in a way all asset classes are seeing handsome app...
Post a Comment
Read more

Porfolio Structuring (PS) Step 1: Evaluate Current Status

The first step to any long term investment plan is to understand where we are at present. So, to start with you need to list down your existing networth. For example, you can have a list as follows: Provident Fund 100,000 PPF 50,000 Bank FD 50,000 Mutual Funds-Equity 150,000 Mutual Funds-Debt 50,000 Cash In Savings Account 30,000 House 2,000,000 Housing Loan -4,000,000 Others 0 Total -1,570,000 A couple of things to note here. 1. I am not calculating the value of any gold/silver jewellery that you may be having. Indians, typically are not very keen on selling their family gold/silver so it really does not count as investment. You can think of it as an additional bonus if you do have gold/silver. 2. I am including the housing loan you may have as a negative here under the assumption that that is your primary home and not a second home bought for investment purpose. Also, I am ...
Post a Comment
Read more