Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Tuesday 15 September 2015

AN EXAM WITH A DIFFERENCE !


AN  EXAM  WITH  A  DIFFERENCE  !


World Bank / KPMG report ( Ease of Doing Business ) for India's States, which got released on 14 Sept 2015 , was an

Exam with a difference

An exam where the exam-paper was leaked in advance !

In fact , exam paper was set by the States being examined !

Now , you may wonder why,

*  Tamil Nadu ( rank # 12 ) signed MOUs worth investments of
    Rs 2.4 lakh*crores at recently concluded Global Investment
    Summit - 2015

whereas ,

*  Uttar Pradesh ( rank # 10 ) , could get investment
    commitments worth only Rs 33,000 Crores during visit of
    Shri Akhilesh Yadav to Mumbai recently

To unravel that mystery , you would need to know , how many marks UP and Tamil Nadu got , in each of the 98 questions !

But you would never know , if the Industrialists who signed those MOUs , had some other secret questions , beyond those 98  !

I believe , for the next round , DIPP is planning to raise the number of questions ( ranking parameters ) to 300 !

For this next exercise , I have following suggestion :

*  Let InvestIndia web site ( owned by DIPP / FICCI / 28 States ), host an Online Questionnaire Survey on those 300 parameters

*  Each " Ranking Parameter " to have a 5 point scale of rating

*  Each parameter to carry a pre-assigned " Weightage " , clearly visible against each parameter

*  Online rating to be carried out by Corporate Members of recognized Industry Associations ( FICCI / ASSOCHAM / CII etc ) and Member Firms of various Chambers of Commerce

*  Online Rating to remain open for just ONE WEEK , - the first week of each quarter

*  As soon as rating exercise gets over , algorithm-based and automatically computed " Analytics " ( Eg : Raw Scores / Percentile Scores  / Co-efficient of Correlations / Frequency Distribution Curves / Standard Deviations / Regressions / Position Improvements etc ) , to become immediately visible to everyone

*  The results should also be displayed on MakeinIndia web site


I believe this will make this exercise much more authentic / cheap / fast / unbiased / reliable and certainly less "controversial " as far as the States getting low ranks are concerned

Corporate and various political parties , will certainly have more faith in the " Impartiality " of such an Online Survey

And above everything else , it will motivate the States to keep improving on a continuous basis , thereby ushering , what Shri Narendra Modi likes to call ,

FEDERAL  COMPETITIVENESS

------------------------------------------------------------------

hemen  parekh
15  Sept  2015




  



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