G20 Summit and Some random stuff

Though I was suppose to write account of my first week classes, here I am writing a random post on G20 summit and random stuff. Future doesn't look bright on my resolution to use this page as note-'book' for my classes.

While reading some random stuff, I came across this article - India to provide $10B for eurozone bailout. Hon. PM Manmohan Singh came up with revelation during G20 summit which was kinda surprising. A counter article to on this action was published by firstpost with starting line as - 'When one’s beard is on fire, it is folly to ask for a matchstick to light one’s bidi.' 

The statement was kinda funny but it summed up the situation in true spirit. With India facing a double digit inflation, slow industrial (or is it negative) growth, falling GDP numbers, policy paralysis complains and the rampant political situation and corruption puts India itself in danger of economic mess. What surprise me is when countries like USA, UK have refused to add any money to IMF coffer what's the point of committing such action on own by country like India which itself faces problem of its own? I am not saying USA and UK are the country to follow, but this time they are really acting as per situation. I feel in turbulent time like these Nouriel Roubini idea's are showing real significance. On my personal thoughts - when own house is on fire you shouldn't run for saving neighbors house. On lighter note may be economic advisory council have watched 10 Lakh movie famous beggars song - "Garibon ki Suno wo tumahri sunega, tum ek paisa doge wo 10 lakh dega" before recommending this bailout fund money. And hoped this $10B will infuse $10B*1M to Indian economy. But I always have feeling that Indians (or is it Humans) have 'that' spirit in them which will make them tackle any problem when there are no escape. :-)

On other (or shall I say Real) side of life - days are passing quite fast. By the time I notice, I see another Friday looming ahead with loads of cases pending on to-be-read-before-class and assignment to be completed. Life is tough and will be tougher in days to come, not sure if my batch-mates shares the same thought or not? I probably won't say TGIF for next 2.5 years (hopefully it will be only 2.5 :D). Probably hostel oriented course would have helped to keep the anxiety level down. With many stakeholders extending their support for my IIM run, it is becoming a moral obligation to do good rather than anything else and eventually aiding to the pressure. Luckily I always gets company of good people around me. Many thanks to each and everyone helping me in some way! IIM is teaching me to be humble.. hehe

Ready Reckoner

Don't worry about the title. It is my usual habit of putting some weird header every time. This is a personal post with no significant value for blog reader.

Finally, I closed my library account today. Exactly an year back joined the library as if everything was predestined that IIM classes will start from 15th Onward. Though I targeted to read 3000 pages on April 16 for last 2 months of membership. And as it happens by standard law, if you disclose something before the event completion there is high probability that you will never do it. Hence I failed miserably. Not sure how 'Rowdy Rathore' - do things which he says and also do things which he doesn't say.  'Brida' and 'Run Away Jury' were last 2 books apart from book 'A time to kill' I was reading while publishing the post in April. My read-list was displaying a total of 123 books/magazine at time of closer today. Satisfactory number I suppose.

Things are changing quite fast these days. And I am getting a feeling that situation is going to be same till I pass-out from the course. As I have planned to use my blog page as a notebook, will post the week-1 details soon. And definitely I am not going to check for grammar, spelling, formatting. Plus, I feel I am 'differently abled' when it comes to English/Grammar/Spelling. :P

BTW one change which has happened in Admission procedure too starting from this year. Only GMAT and CAT scores will be considered for admission. Surely, things are going to get difficult from this year onward for those who are aspiring for PGSEM course from my perspective. Though college did followed normalization mechanism across the GMAT/CAT/PGSEM test and none  of the entry mechanism were easy when considered on normalized numbers, not sure why IIM moved away from PGSEM test this year. For me it was simple calculation, as I was aiming only for PGSEM program, why I will waste Rs 1600 for CAT application & test and then Rs 500 for PGSEM application, instead pay 1600 Rs for PGSEM test directly and get the right numbers in PGSEM test to get the call for interview process after which standard route for all.  College authority must have had better thoughts then me. Hope this change will do some good to the brand and the program recognition. 

As it always happens with me, wherever I go, the place becomes happening.. ;-) Who knew Chapra before me. Now that's a major constituency, if you do not know dude! you seriously need to work on your general knowledge. Who knew VIT before I joined, and now you can see it is under top 10 engineering college. So would be the case with PGSEM. Definitely something will happen to course or college. :P Harvard, Wharton, LBS are you listening, still 'aliens' haven't heard about your college. Get me to get them. :P