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The way our politics is going these days regional issues are more important, regional parties are taking centre stage...
That's because the quality of our political leaders is going down. Remember when Jawaharlal Nehru was the PM between 1950 and 1962 this country achieved extraordinary growth. Five steel plants were completed, Bhaba Atomic Energy Research Centre was established Tata Institute of Fundamental research became strong, Bhakra Nangal dam came up, IITs, AIIMS, you name it all of that happened in 12 years post independence. You tell me of any other 12 year period where we made such growth in government.
If you have a great leader of the caliber of Nehru even India with all its problems even after independence, with all its lack of resources can make extraordinary progress. Establishing five steel plants is not easy but the man did it. Establishing a centre for atomic energy research is not easy, he did. Getting 400 plus Phds from around the world to IIT Kanpur was not easy, he did it. All of this happened because of the vision of one man.
In fact in 1967 many of my professors at IIT Kanpur said they all came back to India because of the vision and the enthusiasm of Nehru. Today these institutes are not able to attract five such faculties per year but that man attracted 400 such people at just one institute. What does it tell you? It tells you if you have great leaders you can achieve what seems impossible. I am absolutely convinced, as I have written in the book, three fundamental pieces of development — values practiced by people, leaders who serve as a role models and the elite and the powerful who will eschew any asymmetry of benefits. These three pieces of development puzzle are absolutely necessary if India has to make decent, equitable, just fair, growth.


Post the Satyam episode the issue of corporate governance has come to the fore. What do you think should be done to avoid such instances?
Any community that encourages, directly or indirectly, a feudal structure or dictatorship is bound to result in disaster. On the other hand any community (company, city, town, nation etc) that espouses the cause of democracy committed with fair, balanced, transparency and accountability will never see a disaster.
What happened in Satyam is that it was a huge scandal. Nobody could stand up and say, what is happening is wrong. Even those who thought what was happening is wrong did not have the courage and were not in an environment to say that it was wrong.


But lot of companies has a feudal approach...
That's where I think the investors, particularly the institutional investors, have to put pressure on such companies to eschew feudalism and install an enlightened democracy. I believe feudalism was responsible for what happened at Satyam.

Original post
by Elizabeth Kolbert


As Melvin Konner, a psychiatrist and anthropologist at Emory University, points out in “The Evolution of Childhood” (Belknap), one of the defining characteristics of Homo sapiens is its “prolonged juvenile period.” Compared with other apes, humans are “altricial,” which is to say immature at birth. Chimpanzees, for instance, are born with brains half their adult size; the brains of human babies are only a third of their adult size. Chimps reach puberty shortly after they’re weaned; humans take another decade or so. No one knows when exactly in the process of hominid evolution juvenile development began to slow down, but even Homo ergaster, who evolved some 1.8 million years ago, seems to have enjoyed—if that’s the right word—a protracted childhood. It’s often argued by anthropologists that the drawn-out timetable is what made humans human in the first place. It’s the fact that we grow up slowly that makes acquiring language and building complicated social structures possible.

The same trend that appears in human prehistory shows up in history as well. The farther back you look, the faster kids grew up. In medieval Europe, children from seven on were initiated into adult work. Compulsory schooling, introduced in the nineteenth century, pushed back the age of maturity to sixteen or so. By the middle of the twentieth century, college graduation seemed, at least in this country, to be the new dividing line. Now, if Judd Apatow is to be trusted, it’s possible to close in on forty without coming of age.

Evolutionarily speaking, this added delay makes a certain amount of sense. In an increasingly complex and unstable world, it may be adaptive to put off maturity as long as possible. According to this way of thinking, staying forever young means always being ready for the next big thing (whatever that might be).

 The Canon by Natalie Angier:

The largest egg in the world, and thus the largest cell in the world, is the ostrich egg, which measures about eight by five inches and weighs three pounds with its extracellular shell, two pounds without. (Interestingly, the ostrich egg is also the smallest bird egg relative to the size of its mother, amounting to only 1 percent of the female ostrich's body mass.  The she-birds most deserving of every mother's pity are the kiwis and hummingbirds, which lay eggs that are 25 percent as big as they are - the equivalent of a woman giving birth to a thirty-pound baby.