![]() Financial Daily from THE HINDU group of publications Monday, Aug 23, 2004 |
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Mentor
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Books Columns - Reading Room Italian lessons for India on how to grow cluster-power D. Murali
The book discusses how our industry can increase productivity, what needs to be done to remove poverty and why small-scale sector is important. A chapter titled `Can India match China?' says that Kerala can take a cue from China and tap investments from non-resident Keralites (NRKs). A caveat, however, is that the State has to "shake off its ideological baggage." Another chapter is on clusters and small and medium enterprises (SMEs). Tirupur is a hosiery cluster, similar to the surgical instruments cluster of Sialkot in Pakistan and the footwear cluster of the Sinos Valley in Brazil. Interestingly, "positive growth in over-achiever clusters has been led by the private sector. Government assistance to them came much later." Don't underestimate clusters. "The township of Panipat, in Haryana, produces 75 per cent of the total blankets produced in the country. Agra produces 1,50,000 shoes daily. Ludhiana produces 95 per cent of the country's woollen knitwear and 85 per cent of the country's bicycles and bicycle parts." To get people to cluster, take them on a tour to Italy, Assaf would suggest. No jokes, because in Italy, SMEs account for over 40 per cent of GDP and are called the `spine' of the economy. A book that economists may ignore at their peril.
Dead at 20 and buried at 80!
Elsewhere in the book, you'd read: "There are lots of blanks we have the power to fill in and lots of dots to connect." See if you can connect to this: "Most people live as if they have all the time in the world. They wish they had more time in their days and yet they waste the time they have... Some of the people on the planet who will wake up today will be dead by the time the sun sets. Most of them will not imagine that such a thing is about to happen to them. They had all these great plans for when the time was right. No one ever plans to die." A book to be discovered.
Move from dream to reason to dream
It's about thinking like a winner, so I am curious as to what an accountant has to say on the subject. The book has inspiring quotes, tips and discussions on a variety of topics. "To succeed, we need to be both rational and emotional," Jain writes. "Dreams are not a product of rationality, but rationality is the tool to test the validity of dreams." So, move from passion to logic after waking up from a dream. Don't stay too long in the rational state, because that's again a problem giving rise to too many doubts. "Once a dream has been logically validated, move back to the emotional state," to add the fuel of passion to your work. Else, you can't preserve your dreams and persist with them. I wish the ICAI invited Jain for its meeting!
Interview is a meeting of equals
Enjoy interacting with the media
Tailpiece "I think CA exams are like the Olympics." "Because they give medals?" "No, because participation is more important than winning."
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