Tuesday, 16 August 2022

75 Years of Independence! What is India’s Greatest Asset that has remained till date? Which Asset is put at risk and imperiling?

Dear Friends and Students

 

Finally, we crossed 75 years! Azadi Ka Amrit Mahotsav is an initiative of the Government of India to celebrate and commemorate 75 years of independence and the glorious history of its people, culture and achievements. The first half of Azadi Ka Amrit Mahotsav is a great success!! These celebrations started on Fri, 12 Mar, 2021 and will end by Tue, 15 Aug, 2023. It has instilled Nationalistic fervor among the people. This celebration is a form of respect for the Indian independence movement which was a series of historic events lasting between 1857 and 1947.

Now time has arrived to examine the assets and liabilities left in Independent India! Assets have to be preserved and Liabilities are to be converted to opportunities. There are many assets and liabilities but the greatest asset ever could be the “Family and Culture”. The immediate question would be which asset is at risk? In my view the answer is again “Family and Culture”.

Quantitatively I may not be able to write this article but thematically I try to represent the situation.

75 years back a family means parents, their 5-6 children and their children together living in a single house. Couple of them work, a couple of them serve, a couple study and you will see all varieties​ of services available under one roof. This is called sharing of wealth. Old age, illness, unemployment, loneliness, stress, divorce, well-being of children, their personality development, marriage alliances within family and friends, zero food waste and many more are under one-roof managed! A small business managed by father and sons (backup plan, shift plan, roster plan by father as Project Manager). Today we have to purchase every piece in the above list as a service (SaaS or PaaS etc)? Is it an economic gain or loss or Family & culture gain or loss or both? In my view, Loss!

75 years ago a piece of land was cultivated by a group of brothers! Division of families is inviting farmland shrinking.  Part of the land is cultivated for rice, adjacent pieces used for commercial crop, another brother mortgaged for educational loan, another brother sells it for real-estate! One acre land is divided into multiple shareholdings and multiple services are generated! (Today we believe more in microservices architecture right!) Where are the economies of scale? Is it not the cause for soil mismanagement? (Erosion, fertilizer mismatch, water sharing disadvantage and field workers management)

75 years back mother-in-law was dominating and controlling 5-6 daughters-in-law. Of course, there were a few hiccups in those days as well. However, under the joint family system mother-in-law was like a corporate program manager and her ultimate goal was to execute the project (house) successfully. In the process, a few ego exchanges (change requests) but they were not out of budget (family). However, today the same project is divided into multiple projects (we believe in agile methodology) leading to multiple project managers (wife/husband) managing micro teams (managing their children) and finally trying to integrate and deploy as a single project (Integration Failure). DevOps is invited (automated services) but costing heavily to each micro project (nuclear family issues). Due to overall project integration errors, finally the overall program head (grandparents) laid off from the company! The Standish Group's 2020 CHAOS report estimates that around 66% of software projects fail due to various project management issues! Similarly, I am sure a large number of parents are suffering in their old age!!

Unfortunately, 75 years back the mother-in-law/daughter-in-law story was within the walls. When the occasion rose, they were together. Keeping this weakness (this age-old issue exists from Satya yuga onwards), a few investors are cashing in by creating movies, serials, web-series etc. While this is fun and entertainment, it affects the individual reticular cortex of the human brain. This seed slowly sinks in the human consciousness and becomes like a plague in the society. This leads to family breakup and disintegration of our culture. I am sure a few other cultures are also suffering from this. 20 years ago I stayed in Singapore for 3 months. Evenings I used to watch a Chinese serial (through English subtitles and expressions). Theme was again the same issue! Now you can imagine how a few invested in the cultural weakness! Any weakness in our family and culture leads to another coronavirus! This is the most important economic principle.

The Indian population is crossing 138 crores or 1380 million. According to a Ministry of External Affairs report, there are 32 million NRIs and OCIs residing outside India. Overseas Indians comprise the world's largest overseas diaspora. Every year 2.5 million (25 lakhs) Indians migrate overseas, which is the highest annual number of migrants in the world. Sometimes, we cannot stop this. Partly it is healthy as well.  We get a lot of FDI. Culture spreads across the world. This is a good sign. However, among this 2%, we have a lot of intellectuals and talented people who could have contributed here. This is called opportunity loss. We all need to work innovatively to bring their mindshare here while they reside out of the country (captive centre model). 75 years of India is carrying this risk. I am sure a lot of these intellectuals are helping in outsourcing of services back to India. However, more conscious effort is needed (revenue sharing or profit-sharing model)!!

How much are you contributing and how much are you withdrawing from our greatest asset- “Family and Culture”?

Ravi Saripalle

 

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