|
Sunday, March 2, 2003
Two Indian Days
Someone had written a few months ago that India's near-term future rested on what happened on Feb 28 (the Indian Budget) and Mar 1 (the India-Pakistan Cricket World Cup match). Well, both events have taken place and the verdict is out - India is Rising. The Budget presented by Finance Minister Jaswant Singh was quite a positive one - well-detailed and thought-out (like the man he is), and growth-oriented. He has some limitations considering that general elections are due in India next year, but overall, he has done a good job. It is now for Indian industry to deliver. There is a lot of emphasis on infrastructure development, which India so desperately needs. Concessions for the IT sector continue, and pharma and biotech have been equated to IT. The India-Pakistan cricket match was a scorcher. For many in India, this was like the final. Or even a proxy war. The two countries had not met on the field in recent times. The match was a delight to watch. Pakistan's good score was pulversied with the Indian batting in the first few overs. In the end, India won quite easily. These were a few hours when the nation put aside everything and watched on TV. So, India's come out with flying colours on both counts. Perhaps, its just my personal bias, but one can almost sense that positive optimism in most walks of life. On a personal note, as I watched the Budget and the World Cup on TV, a strange feeling overcame me. For most of the past many years, I was used to doing updates on IndiaWorld for both these events. We had updated the budget live for the first time in March 1995, a day after IndiaWorld was launched. We would watch it on TV and then update our Internet website. It was something which continued for many years. So also for the World Cups. 1996 and 1999 were spent in the office making sure our live coverage went well. So, it was a bit odd sitting in front of a TV!
A NetFlix for Books
You Are What You Queue is the story of Netflix and the addiction with setting up queues of which movies to watch. Writes NYTImes:
I was wondering why a similar kind of "rental" service cannot be done for books in some of the world's developing countries. Yes, the neighbourhood libraries are there, but many have shut down or become smaller, since revenues have dried up and real estate has become much more expensive. Running a centralised service where 2-3 books can be sent each time to readers could be a workable idea. More than watching movies and TV, the next generation has to read. And if we can take away the cost of ownership of books and make it easier and cheaper, perhaps they will.
General
| PermaLink
| Comments (3)
Rajesh, This is an idea which was in my mind for quite some time now. I have always been a good and diverse reader. I read Mangement, Biology, Economics, Startegy, Investment, Finance etc..... Earlier I used to buy those books at Amazon and it my trip to the US i bought a suitcase full of them mainly thorugh USED stores which was value for money. But now I buy from the Indian websites like Firstandsecond.com and Fabmall.com but still try my luck in the streets of Koti in Hyderabad for the USED stuff. But the idea of a good library or dictribution service which will provide the books on rent is a most wanted idea. Also, since most of the good books come in the HardBack form rather than Paperback (which should help pick up the sales) it becomes much tougher to buy. Lets see if someone starts a service like that. Thinking about it, may be I should start one. Suhit. Posted by Suhit Anantulathis is brilliant Posted by KEITH KNUTSSONSome challenges include the weight of books (who covers shipping?) Also books take more time to read compared to the time it takes to watch a dvd... inventory and supply chaing management may become a nightmare. Posted by KEITH KNUTSSON |
Normally, when a budget is described as being populist, it doesnt go down well with industry, economists etc. But here you have a situation where both the average voter and the business community seem to be pleased. Am I missing something or this a "dream" budget like Chidambaram's in 1997-98 which flattered, but only to deceive.
The cricket match was awesome, though India need to keep in mind that Australia are the team to beat in this World Cup.
Posted by Reuben