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Showing posts from February, 2013

The Bhagavad Gita - A Guide to Life

The Bhagavad Gita is a Hindu scripture that is considered to be one of the most important texts in Hinduism. It is a dialogue between Lord Krishna and Arjuna that takes place on the battlefield of Kurukshetra. The Bhagavad Gita teaches us many important lessons about life. One of the most important lessons is the concept of Nishkam Karma, which means "selfless action". This means that one should perform their duties without any attachment to the results of their actions. The concept of Nishkam Karma is rooted in Chapter 2, Verse 19 of the Bhagavad Gita. This verse means "One who thinks that the soul is a slayer and one who thinks that it is slain are not in knowledge, as the soul neither kills nor it is killed." The Bhagavad Gita also teaches us about the importance of devotion to God and how we can achieve inner peace through meditation. It teaches us about the nature of the soul and how we can attain liberation from the cycle of birth and death. If you want to lea...

Unlucky ones - Something to rejoice - Probably

The unlucky people are always worried about their misfortune and how they could have got this thing or that if he would have been lucky. In the process, they simply give up on trying anything that has any possibility of going wrong. For them here's something to rejoice. If we assume there are only two outcome of any event for any individual - Lucky and Unlucky. A lifetime of a general human can be considered as 70 years which is a huge sample space for consideration. Suppose on an average 5 incidents occur on daily basis for which one can consider luck factor i.e. 5x365x70 is equal to 127,750 events. For instance, while driving a car you face a number of near misses and touches, while driving a bike more number of near misses and touches, at your work, travelling etc. So, someone who thinks that they have been unlucky all the while they are bound to face lucky events in the time to come and those who think they have enough luck swinging on their sides may face less fortunate...

Inclusive growth is a myth

Inclusive growth suggests expansion across all sectors and levels of society. At first glance, it seems attractive, but deeper examination reveals its shortcomings. Firstly, inclusive growth implies uniform development across all sectors. However, if every sector expands at the same rate, it equates to no growth, maintaining the status quo between different social classes. Secondly, considering communism, which mirrors the concept of ideal inclusive growth, George Orwell's phrase "All animals are equal, but some are more equal than others" highlights the inherent inequality in decision-making within an ostensibly equal society. This suggests that true inclusive growth is a utopian ideal, impractical and incompatible with human nature, as evidenced by the global failures of communism. Thirdly, the trickle-down theory posits that growth in the upper echelons of society will eventually benefit the lower echelons. Unlike inclusive growth, it allows for varying growth rates ac...

Do not fear to be eccentric in opinion, for every opinion now accepted was once eccentric

"Free thinking is the essence of creation." This suggests that if a creation is pure, it remains untainted by anything we have previously learned. While this may appear eccentric to some, it is not necessarily so. New ideas are often initially rejected by the established system, yet they may eventually shape the future of our thought. Firstly, consider the invention initially deemed irrelevant but which later determined the course of science: the theory of relativity. It was not deemed significant enough for a Nobel Prize, yet Albert Einstein was later honored as the person of the century by TIME magazine, primarily for this theory. Secondly, the introduction of computers in India faced initial opposition from Indian ministers when proposed by Rajiv Gandhi. Today, however, computers hold a central role in Indian society and are likely the largest contributors to India's GDP. A significant risk of proposing new ideas that fail is the potential loss of credibility. Therefor...

Who do we need more - Entrepreneurs or Managers

In the modern world, the demand for managers far exceeds that for entrepreneurs. For every entrepreneur, we require hundreds of managers. Firstly, while entrepreneurs provide ideas, their successful implementation, which is crucial, depends on managers. A multitude of managers are necessary for each viable idea. Secondly, although an idea is the seed of a business and holds its own importance, managers are the ones who nurture that business over decades, making their role more significant. The success of an idea hinges on a manager's responsibility. Lastly, if we were to hypothesize a world without entrepreneurs, existing businesses would persist. However, if managers were absent, businesses would cease to function, leading to societal stagnation. Therefore, living without entrepreneurs is more feasible. In summary, while entrepreneurs are undoubtedly important, the need for managers is greater.