Meditations on Transcendence

Happy new year 2011. The greetings were all around in the air as i arrived for the first day in office for 2011. Innumerable handshakes, SMS, emails!!! I joined in it part of group think, which makes one do a ritual just because everyone is doing. Inside me i was thinking ‘what is happy about arrival of a new year?’. I have wished for the past 30 years but nothing better has happened. Corruption levels have increased, crime rates are on rising trend in all major cities and around us. We are constantly at fear of an imminent terrorist attack. So why we are all part of this ritual of wishing when the First of January arrives every year? Have we become very mechanical in life? Have we stopped questioning the intent of anything due to the ever increasing busy life. By the time my first day in office had ended, i had got heavily cynical of these new year wishes. As i was overhearing numerous wishes over the phone across my cubicle i was feeling how empty these wishes are. How many times do

The newly appointed government in india declared the annual budget. Budget an exercise of resource allocation. Government has income and expenditure just like any functional organization. Major part of the income comes from the tax payer. How this income is allocated to different developmental projects. Most governmental development projects are not for profits. But the thing created by the project has to be maintained for its sustained use. A budget is also a planning exercise which needs lots of foresight. There are both allocation for yearly projects and continued input to long term projects. How does a governmental budget contrast a corporate budget? ROI for each budget allocation component is critical for corporate. There are various scenarios. New investments, continued investments, short term profits - corporates are measured by quarterly results - hence a balance between long term and short term allocations is very critical. The 3 major activities of a corporation are operatin