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

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hemen  parekh
15  Sept  2015




  



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