CMA eUpdate_May/June 2011

CMA eUpdate May June 2011

CMA eMag_ April 2011 Issue

CMA eMag_April 2011 Issue

CMA eUpdate_April Issue_ 2011

CMA eUpdate-April Issue

Panel Discussion on “Lok Pal Bill: Panacea for Banishing Corruption?”

Chandigarh Management Association (CMA) organised a Panel Discussion on “Lok Pal Bill: Panacea for Banishing Corruption” here today. Mr. R.M.Khanna, Ex-Chairman CII-NR was the Chairman of the Panel. The other panelists included Dr. P.K.Vasudeva, Former Professor (International Trade) ICFAI and Col K.K.Sharma, Regional Head, IIPS, Chandigarh.

Speaking on the occasion, R.M.Khanna said that the Anna Hazare’s Fast has led to renewed drafting and passing of the Bill in the Monsoon session of the Parliament, but this event in itself may not be sufficient to end corruption in the deep rooted corrupt body of Indian society. However, he said that at least this event has set the process for driving out corruption in motion. He hoped that 5 years down the line the civil society will become aware enough not to tolerate the corruption in any quarter any more.

Dr. Gulshan Sharma, president CMA said that absence of time-bound benchmarks for administrative actions has eroded public confidence and delay makes room for corruption and political favour to thrive. He said that Anna Hazare’s Fast has shown that the common men and women and not the bureaucrats or politicians are the real instruments of change.

Dr. P.K.Vasudeva while putting forth his point of view was surprised that India stood out as one of the few countries in the world that have not yet ratified the UN Convention against corruption (UNCAC) even after six years of its coming into force in 2005. Prof. Vasudeva said that even though high-level corruption has plundered the national wealth, successive Governments have shown little interest in making India less prone to corruption. He said Anna Hazre has shown the way to come out of the web of corruption.

Col K.K.Sharma while speaking said that 2G and CWG scams has put the scams like HDW Submarine , Fodder Scam, Sukhram, Urea Scam, Jain Hawala, Bofors, and the likes of Harshad Mehta and Ketan Parikh scams into shame. Though, he said that civic society is responsible for corruption like paying small bribes to clerks, traffic cops, and asking sifarish from uncle or aunt to bail them out. He said that instant gratification of selfish needs is at the root of the same and wondered if the Lok Pal Bill would ever act as a deterrent for banishing such corruption. Sharma quoted Swami Viveka Nand and said ‘all that is needed is that India should de-hypnotise herself and wake up from her age-long sleep to her true rank in the hierarchy of nations.”

CMA eUpdate_March Issue

CMA eUpdate_March Issue

CMA organised a talk on “The Art of Longevity through Ayurveda”

Chandigarh management Association (CMA) organised a talk on “The Art of Longevity through Ayurveda” at Bharitya Vidya Bhavan. Dr Arun Gupta, an NRI-Based in Hungry (Budapest) and eminent Ayurveda Practitioner delivered the talk. While speaking on the topic, Dr. Gupta said that Ayurveda is the only medical science which deals with health care other than disease treatments.

Dr. Gupta said that if we have to take care of the health of millions of people of India the ancient medicinal system of Ayurveda is the only reliable way of doing so. He said that Ayurveda deals with methods of healthful living during the entire span of life and its various phases. Ayurveda stresses a balance of three elemental energies: vata (air & space – "wind"), pittha (fire & water – "bile") and kapha (water & earth – "phlegm"). According to ayurveda, these three regulatory principles are important for health, because when they are in a more balanced state, the body will function to its fullest, and when imbalanced, the body will be affected negatively in certain ways. Ayurveda holds that each human possesses a unique combination of these energies.

Dr. Gupta said that for building a healthy metabolic system, attaining good digestion and proper excretion leads to vitality. Ayurveda also focuses on exercise, yoga, meditation, and massage. Thus, body, mind, and spirit/consciousness need to be addressed both individually and in unison for health to ensue, emphasised Dr. Gupta.

Dr. Gupta stressed the use of plant-based medicines and treatments. Hundreds of plant-based medicines are employed, including cardamom and cinnamon. Minerals, including sulfur, arsenic, lead, copper sulfate and gold are also consumed as prescribed. He said that Panchakarma a five-fold therapy is employed ed on the needs of the individual depending on the body type, dosha imbalances etc. Panchakarma is a Sanskrit word that means "five actions" or "five treatments." This is a process used to clean the body of toxic materials left by disease and poor nutrition.

Dr. Gupta answered various questions from the audience mainly related to blood pressure, cardiac problems, diabetes, joint pains, and digestive problems.

Earlier Dr. Gulshan Sharma, president CMA said that he personally have been benefitted by the ayurveda system post by-pass surgery. He said that Ayurveda medicinal system is cheap, effective and log lasting, importantly, does not have any side effects.

Col. (Dr.0 P.K.Vasudeva concluded the talk and said that he could live healthy life even at the age of 78 due to practicing Ayurveda and Yogic discipline.

CMA eMag_ March Issue

CMA eMag_ March Issue

CMA 44th Foundation Year Event held at Hotel Shivalik View

Unemployability is a concern today: Preneet Kaur

Union minister of State for External Affairs Preneet Kaur has said that a major problem facing the country in a highly competitive environment today is not unemployment but unemployability of our youth.Addressing a gathering, comprising mostly of students, during an interaction on “Human Capital and Skills Development for Economic Growth – Challenges and Opportunities” organized by the women wing of the Chandigarh Management Association (CMA) in its 44th Foundation Year here on Friday, the minister said therefore we need to pay greater attention to human resources development and equip our youth with the knowledge and skills for better performance.
To prepare our youth for the competition in the national and global markets, we need active involvement of all the stakeholders – academia, industry and the government.

“We will have to ensure that the graduates, even engineers and others, when they come out of the colleges, are not only polished in their academic skills, but have various other skills to be acceptable to the corporate world.

She said a recent Planning Commission report has estimated that by 2020 India needs to generate 200 million jobs, including 120 million jobs in the service sector which has emerged as the major engine of economic growth and employment generation.

“The most significant change that we witness today is the rapid shift from the agricultural economies and manufacturing to the service sector and from capital resources to human resources and knowledge resources. In most economies of the world, employment has also been shifting from the sectors that produce goods (agriculture and industry) to the service producing sectors.”

Preneet Kaur said “We all know that the character and strength of a nation is invariably tied up with the quality and attributes of its citizens. We have seen that industrialized countries with limited natural endowments like Japan, Germany Switzerland, and South Korea have emerged and achieved spectacular economic growth on the strength and ingenuity of their human assets.”

“On the other hand, there are countries that are well endowed with natural resources but have failed to capitalise on their wealth. These countries have failed to develop effectively their human resources to capitalise on their natural wealth. Human assets are much more valuable than material or financial assets.”

“There is no doubt that our youth, today, are our biggest asset and if we do not make them into fine Human Capital, we will be guilty of wasting this precious human resources. The Planning Commission’s estimates show that more than 80 per cent of Indian workforce does not have skills consistent with job market requirements. The skill gap is a key factor for India not being able to develop a diversified and competitive export manufacturing base.”

Mrs Preneet Kaur also released a booklet which spells out the roadmap on the subject of the interaction “Human Capital and Skills Development for Economic Growth – Challenges and Opportunities” (attached).

Among those present were Dr. Gulshan Sharma, President, CMA, Mr Neeraj Pasricha, Vice President, Dr Mrs Uma Vasudeva, Chairperson, Women Wing, and Mr J N Vohra, Secretary General of the CMA.

Several senior citizens of the tricity who have contributed immensely to their growth and development were honoured on the occasion. They included; Sh Nek Chand, Mr. M.N.Sharma, Maj Gen. Rajendra Nath, Brig K.S. Chandpuri, Dr. T.S.Mahant, Col. A.B.Singh (Posthumously), Air Marshal R.S.Bedi, Mr. Kamal Tiwari, Mr. Sathi, Ms. Dolly Guleria, Mrs Promilla Chandermohan, Dr. D.S. Jatana,

CMA 44th Foundation Year Invite

Panel Discussion on Budget 2011-12 and Book Release of Dr. P.K.Vasudeva

Chandigarh Management Association today organised panel discussion on budget 2011-12 at Bharatiya Vidya Bhaven today. Rajan Kashyap, former Chief Secretary and Chief Information Commissioner presided over the panel. Kashyap said that Budget should be an icing on the cake-the cake of governance. It should be a ‘vehicle for better governance’, but he lamented that it remains only political document.

Earlier he released a book “International Trade; Text and Cases” authored by Dr. P.K.Vasudeva, former professor (international trade) ICFAI.

Dr. Gulshan Sharma, president CMA while welcoming the penalists said that budget should also focus on development of service sector, which contributes 60% towards Indian economy.

Kashyap said that the best budget was that of Dr. Manmohan Singh when he was a finance minister in 1991. At that India was facing an economic crisis. India's fiscal deficit was close to 8.5 per cent of GDP. Foreign reserves barely amounted to USD$1 billion, enough to pay for a few weeks of imports. He opened the Indian economy to foreign investment and business competition and all this happened in Budget presentation.

However, he said that the announced budget 2011-12 is towards pursuing the agenda of inclusive growth, it shall result in the reduction of fiscal deficit and will maintain the growth momentum.

Referring to budgets declared in Punjab state in successive years, Kasyhap said freebies are not a solution if the delivery mechanism is not in place. For example, he said that free power to farmers of Punjab has not served any purpose when supply of power is inadequate. That has affected their irrigation, sowing and harvesting plans and the losses on this account may be more than the paid power.

Other Panellists Dr. (Col.) P.K.Vasudeva said that budgetary allocation for defence is inadequate and will not meet preparedness for various challenges the country is facing on different fronts. He said that scheme of NEREGA has made large number of workforce ineffective, since village men and women now idle away their time sitting at home after 100 days of payments. Also industrial production is getting affected due to non-availability or skilled workforce.

Another panellist who spoke on the occasion included CA Alok Krishan, member indirect taxes, PHD Chamber said that it is good that age limit for exemption of Income tax has been reduced from 65 Years to 60 Years. Now, Government personnel just after their retirement will be able to avail this concession.

CMA eUpdate_ February Issue

CMA eUpdate_Feb 2011

Thousands Attended CMA 'Shaping Young Minds' Programme

Chandigarh Management Association (CMA) organised today an event ‘Shaping Young Minds” at Tagore Theatre Sector-18, Chandigarh. This event is an initiative of, N.Delhi. More than 1000 students drawn from various institutions of the Tricity attended this event

Inaugurating the programme Mr.Kamal Singh, Director All India Management Association (AIMA), the sponsors of the event, said that this is third event in a row. First two programmes were organised in Lucknow and Hydrabad. He said that the event seeks to help young people find their career path. He said in this programme young students of professional institutions are exposed to eminent speakers who address the students with their anecdotal, storytelling and coaching style; laced with their personal experiences. The idea ultimately is to deliver a charismatic message to the young minds

Dr. Gulshan Sharma, President CMA said that many young people today have bright minds, which need shaping up on what to expect in a professional career – they are always seeking advice from icons. The programme objectives are to inspire young people aspiring to enter in professional domains.

Three speakers who addressed the students were Ms. Sangeeta Talwar: MD & CEO of NDDB Dairy Services, Prof. Bibek Debroy, noted economists and Mr. Anil Sachdev, Founder and CEO of the School of Inspired Learning. All three speakers left the student audience spell bound.

Sangeeta Talwar while narrating her successes and failures in her career building said that nothing is impossible in life if you have the will and desire. Professional Students need to acquire marketing skills to sell their talent and potential to the prospective employers. Dr. Geeta Joshi, Principal Army Law College,Mohali chaired the session.

Prof Bibek Debroy said that what he achieved in life was more of an accident that designed. But he that now his consolidated life time experiences tell that it is better to undertake those jobs or activities, which endears you most rather guided by desires of outside advisers. He said that he left many lucrative jobs in India and abroad which did not interest him. Dr.P.K.Vasudeva, former professor (international trade) ICFAI chaired the session.

Mr.Anil Sachdev gave a heart rendering motivational speech and narrated how Hotel Taj employees save the life of their customers, when terrorist attacked the hotel, even under the threat of their own life. He said many employees lost their dear ones but they stood their ground showing their commitment to their organisation. Hesaid that even corporate can build loyalities in their employees with value system. Dr.Gulshan Sharma, President CMA Chaired this session.

The institutions, which participated in this event, included Aryan Group of Colleges, Army Institute of Law, Mohali, Chandigarh Group of Colleges, Desh Bhagat Group of Institutes, Gurukul Vidyapeeth, IIPM, ITFT Education Group, RICM and SASIIT, Mohali..

CMA Organised an Interactive session with Sh Jasbir Singh, Regional Director, RBI, Chandigarh

Chandigarh management association (CMA) organised a seminar on “Overview of RBI-prospective in focus at Bhartiya Vidhya Bhavan, Chandigarh Shri Jasbir Singh, Regional Director of RBI, Chandigarh said that the main function of the RBI is to regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability and generally to operate the currency and credit system of the country to its advantage.

Shri Jasbir Singh while outlining the functions of RBI said that it enunciates the Monetary Policy other than management of foreign exchange reserves. He said that RBI has financial institution developmental role also.

The Reserve Bank designs and implements the regulatory policy framework for banking and non-banking financial institutions with the aim of providing people access to the banking system, protecting depositors’ interest, and maintaining the overall health of the financial system.

Shri Jasbir Singh said that the rapid pace of growth achieved by the financial system in the deregulated regime necessitated a deepening and widening of access to banking services. The new millennium has seen the Reserve Bank play an active role in balancing the relationship between banks and customers; focusing on financial inclusion. But still there are about 145 million people mostly living in the rural areas who do not have any access to banking system. Now efforts are to cover 2000 villages under banking facilities by 2012.

While talking on inflation, he said the black money finding it way through the system results in an increase in the price of goods. However, present increase in the prices of basic food items such as onion, pulses are the issues of governance for matching the supply with the demand.

Shri Jasbir Singh said that in order to control the rising inflation, RBI in its quarterly monetary policy declared on January 25 raised Repo rate , the one at which RBI lends to banks will now be 6.50%, reverse repo, the rate banks receive for depositing funds RBI will be at 5.50%. Cash reserve ratio, the amount of deposits that banks have to keep aside with the central bank, was left unchanged at 6%. He said that The Reserve Bank projected GDP growth at 8.5%.

Dr. P.K.Vasudeva, past president CMA concluded the session and thanked Sh Jasbir Singh for sharing his views and enlightening the audience regarding various aspects of RBI

CMA orgnaised interactive session on “Emerging Trends in Skills Development"

Chandigarh Management Association (CMA) today organized an interactive talk on “Emerging Trends in Skills Development, Focus: Foreign Students in Australia". The talk was delivered by Dr. Robert Ibakaran, renowned Academician from the Canberra University, Australia

Speaking on the occasion, Dr. Robert said that it is unfortunate that students from India come to Australia more for settling or doing business there rather than acquiring skills. Ibakaran said that there is nothing wrong with the youth of India except for the mindset that they can get better lifestyle abroad. He said in India engineers and doctors are now getting better salaries and perks.

What is lacking in the Indian educational systems is that Indian institutions have not grown to imbibe the emerging global environment to make then employable. The need is to change the curriculum and the methodology to impart education. He said, the elders of the country at the helm of making educational policies are unable to understand the aspirations of the modern day youth.

Talking about the racialism in Australia, Ibakarn said even though some violence has occurred in the past but affected persons still want to live in Australia because of better life and amenities available there. He said many aspirants opting for studies in Australia have dropped down compared to previous years as per latest statistics, but for the reasons other than violence.

Dr. P.K.Vasudeva, past president while concluding the session said that the emerging trends are for imparting non-traditional avenues of skills development, such as skills for project management, entrepreneurship, and facilities management, besides social and organizational skills. Brig. Benerjee proposed vote of thanks

CMA Organised an Interactive Session on ‘Patents and IPR-An Overview”

Chandigarh Management Association (CMA) organised an interactive session on ‘‘Patents and IPR-An Overview” at Bharatiya Vidhya Bhavan. Dr. Neelima Jerath, Executive Director of Punjab State Council of Science and Technology was the main speaker.

While speaking on the occasion, Dr. Neelima said that everyone, who matters in scientific circles, is aware of intellectual property rights (IPR) and the importance of shielding scientific discoveries, with commercial possibility, in a network of patents. She expounded on the technicalities of patent protection, the significance of appraisal of intellectual property and the need to ensure that ‘inventors’ get the benefit of its commercial success.

Dr. Neelima Jerath said that a patent is an exclusive right granted for an invention, which is a product or a process that provides a new way of doing something, or offers a new technical solution to a problem. Patent protection means that the invention cannot be commercially made, used, distributed or sold without the patent owner's consent. .She elaborated this by giving many case studies. She said that the protection is granted for a limited period, generally 20 years.

Other who spoke on the occasion were Dr. PK Vasudeva, past president of CMA and Er. M.L.Garg, Executive Member of CMA

Invite for Interactive Session On "Patents and IPR-An Overview"

CMA eMag, Jan 2011 Issue

CMA eMag Jan 2011

CMA Organised an Interactive Session on ‘Skills and Traits of Eminent Leaders’

Chandigarh Management Association (CMA) organised an interactive session on ‘Skills and Traits of Eminent Leaders’ at Bharatiya Vidhya Bhavan. Prof. Satinder Dhiman, Associate Dean, School of Business, at Woodbury University, Burbank, California was the main speaker. While speaking on the occasion, Dhiman said that true leaders are the people who have moved from darkness to light with perfect practice of enriching their minds.

Prof. Dhiman, recipient of 2004 Accreditation Council for Business Schools and Programs (ACBSP) award (the first Indian to ever win this award), said that eminent leaders are led by pure motivation of serving humanity without any self-interest attached and they possess the skills of assimilating knowledge from day to day incidents of life and by interacting with other knowledgeable people.

Dhiman, co-edited a book on "Spirituality in the Workplace” (Personhood Press, 2008). He drew many references from Ramayana, Mahabartha, Gurbani, and recited couplets of Kabir and Rahim to convey the traits of great saints and leaders and said that leaders are embodiment of generosity and forgiveness and they don’t harm any human being with their speech or action, which, he added are ruefully absent from present day leaders.

Prof. Dhiman said that he is pained to see people who have been given the opportunity to serve humanity are only seeking fulfilment of their own self-interest and are ungrateful to very people who provided them the opportunity. They are stingy in returning the generosity, he lamented.

Others who spoke on the occasion were Dr. P.K.Vasudeva and Prof. N.K.Sharma. Mrs. Indu Sharma, convenor women wing of CMA while concluding the session described Prof. Stainder Dhiman, as an Indian pearl, who has enriched the American students by instilling Indian culture and spirituality in their education system. Dr. Gulshan Sharma, President CMA, welcomed Prof. Dhiman through Video-conferencing.

Invite to interact with officials connected with Aviation Services in the Tricity on 4th Dec

Confirmation for Participation is Requested

Invitation for Visit to CMA Stall at Chandigarh Carnival