Saturday, June 23, 2012

54th Week@XIMB

54th Week@XIMB - 17th June to 23rd June, 2012

17th June - I started traveling for Bhubaneswar from home. Traveling in the various compartments of the train makes our interaction different class emerging and present in India. A 8 hour journey in jam pack general compartment of the train makes one tough and bares grim reality of poor infrastructure of this developing country. Yet if we can choose, we can live in the world of comforting illusion.

18th June - The train was late in the arrival just by 2 hours. Rain and storm welcomed me back to the educational institute of east India. There was new batch roaming around in XIMB. A new group of budding rural managers were going to start their journey.

In my opinion nearly all students who enter this prgramme with a certain amount of idealism and desire to serve the public, but after two years of competition and loan.
And slowly everybody care for nothing but the right job with the right company where we all can get in top level management in coming years and earn big bucks. May be this is required for our own sustainability.

19th June - There was first lecture of CM (Cooperative Management)in which history of the cooperative movement were discussed. The modern cooperative movement can be said to have started in 1844, with the creation of the Rochdale Principles.

Cooperative Credit Societies Act, 1904 was the first Incorporation that later lead to the development of Cooperative Societies Act, 1912. Post Independence, the Committee on Cooperative Law under the chairmanship of Shri S.T.Raja in 1956 recommended a Model Bill for consideration of State Governments. In 1990, an Expert Committee, under the chairmanship of Choudhary Brahm Perkash, was appointed by the Planning Commission to make a rapid review of the broad status of the cooperative movement, suggest future directions and finalize a Model Cooperatives Act. The Committee submitted its report in 1991. Report of the High Powered Committee on Cooperatives can be studies in much details.

20th June - I came to know about Mousetrap Fallacy theory that is held in high esteem in marketing. The additional sophistication may increase measuring ability and effectiveness yet may be unusable at such cost. This was taught interestingly in the 2nd lecture of QRM.

The video aims at explaining the foundation of sustainable development planning, i.e., each policy and investment decision must take into equal consideration its economic, social and environmental impacts.

The Future We Want


21st June - I didn't attend the first lecture of ESM (Ecosystem and Sustainability Management) where there was screening of the movie 'The call of Bhagirathi' that was winner of the national award as the best investigative film in 1992. It revolves around the big costs of big dams, a film by Anwar Jamal.

A trailer -The call of Bhagirathi



There was kick off start of the official interaction (viva) session with the PGPRM 2012-2014 batch since has arrived in the campus.

22nd June - RM Knowledge depository was restored on the XSYS-server. Thanks to seniors and XSYS team for this feat.

CM - ICA provided the information about co-operatives worldwide that is the apex organization. UN proclaims 2012 International Year of Co-operatives: "Co-operative enterprises build a better world"

There were five acts necessary for managers working in India. They are - Indian Trust Act, Indian Societies Registration Act, Trade Unions Act, The Companies Act and The Co- Operative Societies Act.

FAQ - A Non Profit Organisation can be registered in India as a Society, under the Registrar of Societies or as a Trust, by making a Trust deed. A third option is registration as a section-25 Company under the Companies Act, 1956.
Whether a trust, society or section-25 company, the Income Tax Act, 1961 gives all categories equal treatment, in terms of exempting their income and granting 80G certificates, whereby donors to non-profit organisations may claim a rebate against donations made.

23rd June - Placement Batchmeet was held for the placement season coming soon this year. In this depressing economy, there is challenge

A mail was floated for the suggestions by Team Placecom. There was a bottom line in the mail that inspired me. That ended week on the high note. "Coming together is a beginning. Keeping together is progress. Working together is success".