This
is just the third edition of this magazine's annual study on The
25 Most Powerful Women in Indian Business and already the sample
from which these women are picked is larger, much larger, than
it was three years ago. That's surely reason for celebration for
it means that, at least in the more progressive companies in India
Inc, women are starting to get their due. To resort to the lingo
of pharmaceutical companies, it also means that there is a 'strong
pipeline', that enough women are entering organisations at junior
levels to allow for a certain number (after the requisite merit-based
erosion) to reach the top.
If there is reason to temper these celebrations
(and there is), it comes from the backgrounds of the 25 women
in the listing. All of them hail from middle, upper-middle, and
upper class families. Most were born and brought up in urban India.
Several have had the privilege of studying abroad. Still, it has
taken these women long enough to break into the ranks of senior
management in their respective companies. And still (despite the
fact that the sample, as mentioned earlier, is larger this year),
there are not enough of them.
What of rural and semi-urban India? Let's
start with sex-ratios. According to an article in a recent issue
of New York Times Magazine, the sex ratio in Western Europe and
North America is around 105 women for every 100 men. For India
as a whole, it is 94 women for 100 men and in areas where female
foeticide has been more successful than in others, Punjab, for
instance, it is lower still, around 87 women for 100 men. Given
these ratios, it might be fair to assume that in India fewer girls
survive their first year than boys; then, there is a constant
process of enforced-attrition-some girls do not go to school at
all, others are asked to drop out when they finish middle school
or high school, not too many go to college, and the enforced attrition
continues.
Are things changing? Sure, in some parts
of the country. Are things constant? Sure, in other parts. The
number of women in corporate India will certainly increase, but
it will be a slow and painful process. And just as the Indian
cricket team can be described as having 'arrived' with several
of its members hailing from small-towns in the rural hinterland,
this magazine's annual listing of women would have arrived when
it sports the name of at least one small-town girl who made it
big in corporate India.
A Budget For The Other India
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A Chidambaram: A New Deal can spread the smile
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There
is a strange dichotomy about most past Union Budgets and the economic
policies of successive governments irrespective of their hue.
Most things to do with industry, and, ergo, things that are of
interest to urban citizens, are dealt with the way any government
that subscribes to the free market ideology should do. "If
there is pain, and there will be," industry and urban citizens
are told, "you have to endure it because you stand to gain
so much more eventually." And that is in the fitness of things.
However, when it comes to rural and agricultural concerns, the
approach of all Indian governments has been to subsidise, to proffer
sops, to enhance government spending on developmental projects,
and to generally do the things that increases the disconnect between
rural India and economic reality.
This strategy may work in the short-term,
but in a country where at least 60 per cent of people depend,
directly or indirectly, on agriculture for their livelihood and
where things do not appear to be alright with rural India (the
fact that large number of people continue to migrate to the cities
in search of a better life is proof enough) it will likely not
address the issues that need to be addressed if economic growth
is to be all encompassing and equitable. No government has had
the will to take on land and agricultural reform (there are powerful
vested interests at work in both). The Agricultural Produce Marketing
Committee Act has been amended only in name, and contract farming
remains a distant dream. Rural entrepreneurs have no access to
seed capital or venture funding. And archaic laws and narrow economic
beliefs have constrained banks from venturing into microfinance,
at least not in any kind of scale. For the record, the last rural-minded
policy adopted by any government was the Green Revolution and
that was in the 1970s.
Compared to what it will take to address
these issues, everything governments have done until now in the
cause of free market economics, including privatisation and disinvestment,
looks easy. Yet, it is something that needs to be done. The dichotomy
in the economic policies has already created two Indias; if governments
continue along this path, they will succeed in driving a wedge
between the two Indias, something that could result in social
strife. Will Finance Minister P Chidambaram bite the bullet on
February 28?
A New Game
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Indian cricket team: Spot some small
town boys |
This
has to be a revolution engendered by television. We're speaking,
of course, about the fact referred to in An Unequal Battle, that
several members of the Indian cricket team hail from small towns,
something that wasn't the case even a few years ago. Broadcasting
in India may have taken off after the 1982 Asian Games (in Delhi).
Interest in cricket may have first peaked in 1983 when underdogs
India thrashed favourites West Indies to take the World Cup (it
was then called the Prudential World Cup after the insurance firm
that was the sponsor). However, it was the emergence of satellite
television, which made it possible for anyone interested in cricket
to catch just about all the action happening anywhere in the cricketing
world that allowed anyone who wanted to overdose on cricket to
do so. Some of those young boys who ate cricket, breathed cricket,
and lived cricket decided to play the game. The result is there
for all to see.
There is another aspect to this phenomenon
as well, one involving economics. There are not too many opportunities
open to young men, in terms of fast track careers, in small towns
and cities. Cricket promises them a way out, a release from the
drudgery of having to settle for a B-grade job, a route to riches.
The Indian cricket board (BCCI) has grown immensely rich-it is
reported to be the richest cricket board in the world-largely
on the strength of sponsorship and telecast deals it has struck
with companies and broadcasters. Thanks to this, Indian cricketers
are paid very well. The interesting thing is that cricket and
cricketers have blossomed in the small towns without any intervention
by the Indian cricket board. The money in BCCI's coffers, several
people have pointed out, should be used to develop cricket in
the Indian hinterland. The board, however, has been loath to do
this.
The wide reach of television-at last count
there were around 108 million television households in the country;
some 60 million of these have access to satellite television-and
the healthy economics of being a cricketer would suggest that,
if things do not go horribly wrong, India could well have among
the best cricket teams in the world shortly. And if the BCCI spends
its money wisely (it has just signed a four-year, $600-million-plus
or Rs 2,700 crore deal for broadcast rights), it could be even
sooner.
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