000-tobecategorised
The Big Con There is an entrenched relationship between the consulting industry and the way business and government are managed today which must change.
Mariana Mazzucato and Rosie Collington show that our economies' reliance on companies such as McKinsey, Boston Consulting Group, Bain & Company, PwC, Deloitte, KPMG and EY stunts innovation, obfuscates corporate and political accountability and impedes our collective mission of halting climate breakdown.
The 'Big Con' describes the confidence trick the consulting industry performs in contracts with hollowed-out and risk-averse governments and shareholder value-maximizing firms. It grew from the 1980s and 1990s in the wake of reforms by both the neoliberal right and Third Way progressives, and it thrives on the ills of modern capitalism, from financialization and privatization to the climate crisis. It is possible because of the unique power that big consultancies wield through extensive contracts and networks - as advisors, legitimators and outsourcers - and the illusion that they are objective sources of expertise and capacity. To make matters worse, our best and brightest graduates are often redirected away from public service into consulting. In all these ways, the Big Con weakens our businesses, infantilizes our governments and warps our economies.
ई-कॉमर्स फैला तो आ जाएगी तबाही, क्यों कहा पीयूष गोयल ने? https://www.youtube.com/watch?v=-IiY0dvm57I Ravish Kumar Official Aug 22, 2024
ई-कॉमर्स को लेकर जो कहा जा रहा था, अब मंत्री पीयूष गोयल भी वही कहने लगे हैं। बस उन्हें ये बात दस साल बाद समझ आई है कि ई-कॉमर्स का जाल फैलता है तो गली-मोहल्ले की दुकानें बंद हो जाती हैं। कई देशों ने इसे रोकने के लिए स ख़्त नियम बना दिए हैं कि कुछ चीज़ें आपको नुक्कड़ की दुकानों से ही लेनी होगी। बड़ी बात यह है कि गोयल ने ई-कॉमर्स से रोज़गार बढ़ने का दावा करने वाली रिपोर्ट को ही रिजेक्ट कर दिया। ऐसा कभी नहीं हुआ है। पूरा वीडियो देखिएगा। Google translate: Whatever was being said regarding e-commerce, now Minister Piyush Goyal has also started saying the same. It's only after ten years that they have understood that as the network of e-commerce spreads, the shops on the streets close down. To stop this, many countries have made strict rules that you will have to buy some things from street shops only. The big thing is that Goyal rejected the very report claiming that e-commerce will increase employment.
Were eight crore new jobs created in three years? https://www.thehindu.com/business/Economy/were-8-crore-new-jobs-created-in-three-years/article68551862.ece August 22, 2024 Prime Minister Modi, based on the India-KLEMS database, claimed that India created “eight crore new jobs in the last three to four years”. However, analysts are questioning the methodology used to estimate these numbers. They argue that little meaningful employment was created in these years .
The SBI report, however, estimates the total number of workers from ASUSE (The ASUSE covers only unincorporated non-agricultural establishments in manufacturing, trade and other services.) as 56.8 crore, and claims comparability with the figures in India-KLEMS. ( KLEMS stands for Capital (K), Labour (L), Energy (E), Material (M) and Services (S).)
Clearly, the SBI report assumed a certain number of workers employed in sectors not covered in ASUSE — such as agriculture, construction, registered factories, corporate sector, government and cooperatives — using other household surveys that employ different concepts and methodologies. It then added those numbers to the number of workers in ASUSE to arrive at the inflated estimate of 56.8 crore workers. But there is no scientific basis for such an indirect method, that too to make an inane and motivated validation.
To sum up, data from India-KLEMS, which was designed for very different purposes and uses questionable methods, are being used to drive a specific political narrative on employment generation. But the real culprit in this episode is the Government of India, which has refused to organise the new decadal Census till date
Sagarika Ghose on X : HORRIFYING. A 21 old woman kills herself in UP’s Ambedkarnagar after the UP police allegedly refused to register a case of gang rape. Crimes against women are now a full scale national crisis. All of us must speak in ONE VOICE in empathy and solidarity in every case irrespective of where the crime happens. No politics, no whataboutery, let’s make this a NATIONAL MISSION on women’s safety.
- Media coverage of Kolkata rape-murder case has many blind spots
- 'Bail is rule,Jail exception'– Why SC verdicts in UAPA/PMLA cases underlining this, are significant
- How the government undercut TISS over the past decade
- SEBI के पूर्व चीफ ने सरकार का काला खेल बेपर्दा किया
- On Death Penalty
- Delhi has a new think-tank for Narendra Modi Studies.
- The belief system, and some truths
- Raghuram Rajan on U.S. Recession Fears, Market Volatility, and Impact on India
- Breaking the Silence: Child Sexual Abuse in India
- Govt Should’ve Responded to Hindenburg: Former SEBI Chairman