Friday, January 25, 2013

A crown of steel, a road full of thorns...

Ratan Tata himself is in favour of the successor being an insider rather than an outsider

Tata Steel’s journey over the last hundred years has been a fascinating one. And driving this growth for the last one decade is B. Muthuraman. Muthuraman joined Tata Steel in 1966 as a Graduate Trainee. He worked in the areas of iron-making and engineering development for a period of ten years. He then moved to the marketing & sales division and spent nearly 20 years there, ultimately rising to the level of Vice President. He was appointed Executive Director (Special Projects) in August 2000 and served as the main change agent for the major diversification projects of Tata Steel. He was appointed as Managing Director of Tata Steel on July 22, 2001.Tata Steel is going to look for a new CEO, as the long-standing Chief Executive of the company steps down this September. There are three to four names of potential CEOs floating around. One such name is that of Philippe Varin.

Assuming Varin gets the nod from Ratan Tata to succeed B. Muthuraman, the appointment would help Ratan Tata’s efforts to underline his group’s international credentials. Post Tata Steel’s acquisition of Corus in 2007, Varin has worked closely and effectively with B. Muthuraman, Managing Director of Tata Steel to successfully integrate Corus and Tata Steel. At the age of 56, Varin would not be a particularly youthful choice. However, Ratan Tata is more impressed with his ability than youth. Ratan Tata recently extended his own term that allows him to stay at the helm until he is 75. The diplomatic Varin has shown every sign of having enjoyed working for the Indian company, though he now has a struggle on his hands, as Corus pushes through a £350 million cost-saving plan that could involve large job cuts next year. The Board of Tata Steel has appointed Kirby Adams to succeed Philippe Varin as Chief Executive Officer of Corus and of Tata Steel Europe – the holding company of Tata Steel’s European operations. It is also learnt that the coveted post – at the helm of Tata Steel – will go to an insider. A senior Tata Group official said that Ratan Tata himself is in favour of successor being a ‘Tata Steel man’ rather than an outsider.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

Tuesday, January 22, 2013

THE WORLD NEEDS DUBAI!

B&E UNDERTAKES A FINANCIAL PRIMER ANALYSIS ON THE ECONOMIES THAT HAVE A HIGHER PROBABILITY OF COLLAPSING THAN DUBAI... AND SOME MORE!

Dubai sent shockwaves across the world when the news broke out that Dubai World, Dubai’s chief investment vehicle, wanted to defer its repayments on all or part of its $59 billion in debt. Dubai World alone is responsible for almost 75 percent of the entire debt of Dubai, which stands at $80 billion. Although post 25/11, when the news broke out for the first time, the ruler of Dubai did release an official statement comforting global investors (specifically on December 1, 2009 – the global financial markets stabilized a bit after that statement), but the world is still keenly looking forward to December 14, 2009, as that is the day when bonds worth $3.5 billion for Nakheel – the real estate arm under Dubai World and the company behind the prestigious palm shaped manmade islands – become due. A great deal of Dubai’s future and global investors’ fate would be determined on how the company deals with the bonds issue!

In fact, for getting the right perspective of what is happening to Dubai, one has to peep into Dubai’s recent history. Today’s crisis is not a result of any overnight occurrence, but has been something that has been brewing over the years. And the answer lies in the growth model which Dubai appropriated for itself almost a decade and a half back. The manner in which this particular emirate grew in the last one and a half decades, dwarfing all conventional growth models, is no secret! Long back, the rulers of Dubai – the Makhtoum family – realized that with depleting oil reserves, they had to find out an alternate development model which was different from the traditional petro-dollars model adopted by most economies in the Gulf region. So, for the past one-and-a-half decades, the focus was mainly towards transforming Dubai into a real estate heaven, and a financial and trading hub of the entire Gulf region. Initially, Dubai faced a lot of criticism with respect to its growth model (as it embraced Westernization) from the other nations in the Middle East region, including the other emirates of UAE; but gradually with time, it became the darling of investors.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

Saturday, January 19, 2013

Warming? Where?

Is the phenomenon of global warming really that serious? Does it even exist? Do we even care? We answer all those questions and more...
 

Southern India: in the state of Andhra Pradesh, temperatures reached to as high as 120°F (48.9°C) resulting in the highest one-week death toll on record – the state has experienced a warming trend at the rate of 1°F (0.6°C) per century. Bangladesh: rising ocean levels have flooded about 18,500 acres of mangrove forests in Chokaria Sundarbans during the past three decades due to the global sea-level rise at 5.5 mm/year. China: in the Qinghai province, more than half of the 4,000 lakes have disappeared due to droughts. Siberia: large expanses of tundra permafrost are melting.

Horrifyingly, melting permafrost has already damaged 300 buildings in the cities of Norilsk and Yakutsk. The average temperature of the permanently frozen ground in Yakutsk has warmed by 2.7 °F (1.5°C) in the last three decades. Canada: the Athabasca Glacier has retreated about 0.5 km in six decades and has thinned dramatically since the 1950s. In British Columbia, the Wedgemont Glacier too has retreated hundreds of meters since 1979, as the climate has been warming at a rate of 2°F (1.1°C) per century, shockingly at twice the global average.

Does all this really point towards global warming to such an extent that we should start panicking? Well, the issue has gained popularity in the developed world (Europe specifically) but has not gone down so well in the third world as food and shelter are of greater importance than a 1.5°C rise in temperatures.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Friday, January 18, 2013

POST-CYCLONE: PROBLEMS

The ongoing plight of fishermen

The circumstances are further complicated by the fact that the fishermen do not have ownership papers of these lakes, debarring them from formal bank loans. Therefore, they were/are left with no choice but to borrow money from local moneylenders, with mind-boggling huge interest rates.

Kultali had a population of around 160,000, out of which 60,000 were dependant on fishing. Almost all of them have lost their livelihoods. In the Sunderban area as a whole, 100,000 have lost their source of income. The state’s irrigation department has claimed to have spent Rs.115 crore on repairing the embankments. Sadly, whatever advantage this spend might have in the future, would go to private parties now trying to officially buy up the discarded lake properties. What should the government do? Literally everything; as the government, despite the Rs. 115 crore claim, is woefully absent. Immediate food, finance, support... everything!


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Thursday, January 17, 2013

Dream Machines

THE ROYAL MOVE

“I currently drive a Bentley and that is in fact my dream car as well. I love to offroad that car because of its strong engine, 4-wheel drive and plush interiors. Bentley stands for panache and that is the biggest reason why I have always been loyal to the brand. Nothing can beat the royal touch of luxury which the it epitomises. It’s a driver’s delight, indeed!”

Very swift ef-fect!

“I presently drive a Ford Endeavour automatic because and until now I am quite happy and content with it. But one day I would like to buy a Ford Mustang GT as I am very much attached to the vehicle and have even worked in the plant for a couple of years where it was being manufactured. Thus, I have an inherent attachment with the car. Moreover the car is a killer as it is a perfect blend of speed and style!”


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Wednesday, January 16, 2013

Finally... a mental floss!

The fear of losing count of all that one counts on, might just temper down thanks to a new research…

He was in his early fifties – tall, lean and as handsome as an old Hollywood star. He looked in the pink of health when the doctor asked him, “How are you doing?” and he replied in a refined accent, “I am doing well.” The doctor asked him a few more questions like – what did you have for breakfast, did you go for a walk today, where do you stay and what do you do – to which he replied normally but when the doctor asked him the same set of questions within a minute again, I was surprised to hear different answers and was disturbed when he kept repeating the sonorous ‘en, en, en, en’ till the doc interrupted to help him tell his profession and say “engineer.”

“This is a severe case of Alzheimer’s disease where he remembers things for not more than a minute. Alzheimer’s is a progressive and neurodegenerative disease that affects the memory and behaviour of the patients gradually,” says Dr. Siddhartha, Senior Resident, Neurology, IBHAAS. Unlike many other diseases, Alzheimer’s has no specific causes but the risk is heightened by a person’s lifestyle as well as by his/her genes. When the combined results of different risk factors pass over a certain limit and beat the self-repair mechanisms of the brain, then the brain’s ability to maintain healthy nerve cells reduces. While lifestyle-related risk factors can be controlled, genetic factors would sooner or later cause the disease. If one goes by the researches, the high prevalence of genetic risk factors is unquestionable. If one has at least one first-degree relative with Alzheimer’s, the person is 3.5 times more likely to get the disease. The risk increases for each additional case in the family.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Monday, January 14, 2013

Give up using toilet paper

Give up using toilet paper, and save the planet!

Americans, reportedly, are totally averse to switching from the softer to coarser environment friendly wipes.

While in European and Latin America about 20% of the toilet paper rolls sold have recycled content, only 2% of the 36.5 billion rolls of toilet paper sold in US are completely composed of recycled fibres. Says NRI Ruchika Chawla, “From the time Americans are born, wiping is the only concept known to them for cleansing themselves. Washing is not introduced in childhood as it’s in India, so although the consequences are grave, Americans can’t do without toilet paper. I believe they’ll recycle more cans to make up for the damage, but not give up their toilet paper!”

While countries keep haggling over the Kyoto Protocol, we as concerned and responsible citizens need to keep track of our carbon footprint ourselves. It would take very little effort from Indians to forego the roll and opt for water bidets, which use a jet of water to clean, especially since the use of water has so far dominated the toilet habits of Indians. Hopefully, Americans too will discover the utility of the bidet and perhaps limit their use of tissue paper only to dry off. Seventh Generation, producers of recycled toilet paper, estimates that one million trees could be saved if every US household substitutes just one packet of the soft napkins with 100% recycled ones. Clearly, flushing away old habits is the way forward… 


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program) 

Friday, January 11, 2013

MEET THE SURVIVORS

That we irreverently make a slim play of Marshall Goldsmith’s quote is obvious (we use him inside too), but that we do so to describe a group of intemperately argumentative entities that refused to accept India as a losing proposition, is perhaps slimmer than they would agree with.

It wasn’t just that the MNCs were suffering the classic Levittian marketing myopia, for even if they weren’t, the fact was that the so-called promised land – one billion people with purchasing power – never existed in India. The cookie that they came prepared for never existed and the investments that were made in the initial mad rush, ended up in crucifying financial statements to no ends. Look around. From the automobile sector to soft drinks to television media, leave one or two MNC players, the rest have been in considerable losses.

But there were exceptions. We found nine. Nine who not only understood the 4Ps, but also how to co-create a Prahladian value not necessarily from the bottom of the pyramid, but from the middle and the top. Finnish, Koreans, Americans, Europeans, our meetings with these inter-continental companies answered some questions and threw up many more. But for those, there’ll be another day. With credit, today is theirs.
 

Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Thursday, January 10, 2013

where India stands today and what needs to be done

C. Rangarajan, ex- RBI governor and member Rajya Sabha, speaks on where India stands today and what needs to be done

regulatory failure

What stands out glaringly in the current episode is the regulatory failure which was twofold. First, some parts of the financial system were either loosely regulated or were not regulated at all, a factor which led to “regulatory arbitrage” with funds moving more towards the unregulated segments. The second failure lies in the imperfect understanding of the implications of various derivative products. In one sense, derivative products are a natural corollary of financial development. They meet a felt need.

However, if the derivative products become too complex to discern where the risk lies, they become a major source of concern. Rating agencies in the present episode were irresponsible in creating a booming market in suspect derivative products. Quite clearly, there was a mismatch between financial innovation and the ability of the regulators to monitor them. It is ironic that such a regulatory failure should have occurred at a time when intense discussions were being held in Basle and elsewhere to put in place a sound regulatory framework.

impact on india

The Indian financial system is not directly exposed to the ‘toxic’ or ‘distressed’ assets of the developed world. This is not surprising since Indian banks have very few branches abroad. However, the indirect impact on the economy because of the recession abroad is very much there. The ‘de-coupling’ theory does not hold good. The indirect impact is felt both through trade and capital flows. The fall in international commodity prices and more particularly crude oil is reducing sharply the import bill from previous estimates. The recession abroad is having an adverse effect on our exports. There is a sharp desceleration in the rate of growth of exports in 2008-09. The decline in growth rate in exports will affect strongly some sectors where exports constitute a significant proportion of the total production. Some examples are textiles, automobile components and gem and jewellery. In contrast to robust inflow of over $100 billion in 2007-08, 2008-09 may not have seen any net increase in capital flows. With flow of portfolio capital slowing down, Indian firms may also experience difficulties in raising money abroad. All this will impact the exchange rate.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Wednesday, January 09, 2013

Indian feature phone market with dual-SIM phones

After quarters of misery, Nokia has been able to reassert its position in the Indian feature phone market with dual-SIM phones, and Microsoft promises an edge for it in the smartphone segment. However, it must play its cards well to be able to leverage on the same.

Off late, Nokia has firmly started to make a late (but not too late yet) comeback. In the feature phone market, Nokia has posted stellar gains with its dual-SIM handsets and in the smartphone segment, it’s now looking at its tie up with Microsoft. Understanding the nerve of a price sensitive and yet durability conscious Indian market, Nokia has unveiled a series of quality dual-SIM handsets in last two years for users who were compelled to compromise on low quality Chinese handsets. It went on to launch country-wide advertisements from road shows (Nokia’s blue brigade rally) and customer engaging street plays depicting the benefits of dual-SIM phones launched by Nokia, which worked wonders and resulted in the company managing to stretch its lead again in the overall mobile devices segment. Gopi Rajeev, Lead Analyst for Mobile Phones, Smartphones and Tablets, IDC India confirms, “In just 6 months (Q2 -Q3, 2011) Nokia was able to increase its market share by 6.8%, and what gave them the real boost were their dual-SIM phones in the Indian market.” Though the company still expects to sell nearly 150 million Symbian-based handsets in 2012, it has already taken steps in a right direction (with Microsoft) and the rest of the players including Samsung and HTC have now started following suit. Windows-based platforms are relatively more secure in comparison to Android, since the latter is a more open software. Google bought Motorola in 2011 for an enhanced grip over portable hardware devices riding Android, which might be doing exceptionally well (set to cross 42.4% share in 2012), but will face stiff competition by 2015 from Windows-based phones. “They (Microsoft) are more consumer oriented, in sync with the market and have much more to leverage considering their market share in PCs,” adds Rajeev.

As it gets into an overdrive on these comeback strategies, Nokia should keep in mind its positioning as a mass market brand. It has plans to infuse nearly $50 million by 2014 to revamp its Indian operations for both high end and low end segments. IDC projects mobile phone shipments to India to grow at a CAGR of 13.03% from 2011 to 2015 and reach 30 million by that year. In contrast, smartphones are expected to clock a CAGR of 63.4% in the same period and reach 77.5 million by 2015. Dual-SIM is a great second start, but swift and deep penetration in smartphones will help Nokia build the momentum for sustainable market share. Nokia’s best bet, therefore, could be the affordable smartphone market, which is eagerly sought after and will see extremely bitter competition. But it’s a bet Nokia needs to take, considering that it still retains quite an unbeatable branding edge here.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Bajaj auto’s lifelines are the discover and Pulsar brands

Bajaj auto’s lifelines are the discover and Pulsar brands. The man at the helm K Srinivas elucidates on current plans and future implications

Also, instead of focusing on 10-15 brands, Bajaj has kept its focus only on a handful of brands. Do you believe this strategy has helped the company stay ahead of the competition?
Proliferation of brands and product portfolio is reflection of diffused positioning and ambiguous understanding of the market. We believe that sharply positioned product portfolio is key to widest and deepest market presence. Our twin brand strategy shows why actually less is more and is reflected in the company’s performance so far. While Pulsar is the #1 sports motorcycle, Discover is positioned as a sporty commuter. Between them, we now have a dominant presence in the fastest growing segments in the category.

Won’t your own offerings like Ninja 250 and Duke 200 pose competition to the Pulsar range?
Ninja 250 and Duke 200 are positioned in the super sports segment. They are in the highest end of the sports segment and will not be competition to Pulsar which is positioned for the mass sports range.

What’s the road ahead for the company’s new found export focus?
The volumes in export market have been growing at a much faster pace than the domestic market. For instance, our average exports volume have moved up from 25,000 units to 1,12,000 units in a span of just five years. This underlines the future potential for Bajaj Auto in the global markets.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Saturday, January 05, 2013

No more destiny’s child

To come to power and stay in it is what the Krichners’ and their competitors need to figure out

When Argentina goes to elections on June 28, a lot would be at stake not only for the country but also for those who have been in power. If at all economic conditions of the country have not improved, it shows that the first couple, President Cristina Fernández de Kirchner and her predecessor and husband, Néstor Krichner are losing ground. While the mid-term elections were supposed to take place in October as per schedule, the pre-ponment of the mid-term polls in all probability would spell doom for the current government. Says Jorge Giacobe, pollster and analyst, “…this is the end of the prolific cycle of the Kirchner name.”

The era which began in 2003, when Néstor came to power and tried to and to a great extent even succeeded in, controlling the tumbling economy of Argentina, appears to be nearing its end. During his rule the economy started to recover from the recession it faced during 2001-03. Néstor reduced the debt on the country, a step which worked in the beginning but failed as time went by. Yet power did not elude him as he was succedeed by his wife.

But now, things could be changing. This is more than evident since the country election has seen a heavy flow of funds. The drums are beating loud and many new presidential candidates have come to join the race.

Francisco de Narvaez, who is the closest competitor to Krichner and heads the deputies lists in Buenos Aires, is spending millions to fortify his position. Public opinion polls show that the two are close to each other as far as results go.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Friday, January 04, 2013

Please spend!!!

MLAs need to use the funds

India might have 450 million paupers; it has never been a poor nation in the sense of availability of funds. But sadly, it has always been a poor performer when it comes to the efficient allocation of these funds.

The capital city itself is a stark indicator of this unfortunate situation; so one can imagine the issues with the rest of the country. According to a report by CAG that was released in 2006, there were 34 Members of the Legislative Assembly (MLAs) of Delhi in the list of blacklisted MLAs, who hadn’t been able to utilise the funds allocated especially to them for their constituency development under the Assembly Constituency Development Programme (ACDP). The report stated that in the financial year of 2004-05, there were 3 MLAs who didn’t spend even a single penny for development. The remaining spent less than half of the amount that was allocated to them.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Thursday, January 03, 2013

Will the real IRA stand up?

Eventually, the moderate IRA won & a political solution was reached

Way back in 1922 in Ireland, then a part of the British Empire, if you were a Brit and found out that there was an ‘Irregular’ in the vicinity, it did not mean that the person needed lessons on better behaviour. It actually meant you needed to run for your life pronto! For ‘Irregulars’ was the name given to the extremist wing of the dreaded Irish Republican Army (IRA) at that time, formed with the aim of militarily freeing Ireland from the British Empire.

The original IRA’s (formed in 1919) life was short; as the Britishers hastened towards a treaty with it that led to the formation of the Irish Free State (with dominion status under the British) and Northern Ireland (to remain a part of UK). IRA was split on the issue of accepting the agreement. The breakaway group, the ‘Irregulars’ under Eamon de Valera, fought another war with the Empire from 1922-1923 when they were defeated; but they continued their extremist activities and also continued a political course through their party Sinn Féin. Once Republic of Ireland came out of Commonwealth, IRA’s genda shifted to unification with the Northern Ireland. IRA split again in 1979 into Official & Provisional IRA on the issue of whether or not to use violence. Since the 1960s, IRA has killed about 1,800 people. In 1990s, IRA began talks with British government and called for ceasefire after a power sharing agreement. The Republicans agreed to allow Northern Ireland to remain under UK till popular mandate in that country favoured it (Belfast Agreement of 1998). Now a few disintegrate groups – mainly Real & Continuity IRA have continued the violent legacy.


ource : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

GENESIS AND LEGACY: ARMED STRUGGLES

Most terrorist movements eventually wither away for they fail to replace an armed struggle with a political one

In fact, one of the first organized armed resistances of the 20th century was the Irish movement against the British rule which led to a fierce conflict in between 1919-1921 that eventually led to the formation of Ireland while Northern Ireland remained part of the British Empire.

It is said that even though Irish Republican Army was no way in a position to defeat the British Army, yet the guerilla warfare it resorted to, made the British existence in Ireland inviable – not only politically, but also economically [a critical reason for the English to occupy territories even before World War II] – just as the Mujahideens did for Soviets in Afghanistan. Later on, the Provisional Irish Republican Army was formed in the 1960s for carrying on the protest against the two-Ireland policy and for ousting the British from Northern Ireland. But a war of attrition cannot be carried on without harming the common populace. Expectably falling prey to this paradigm, the subversive activities of IRA – which included bombings and assassinations – eventually made it lose much of the support it had in the Republic of Ireland and even in Northern Ireland. Eventually, after more than three decades of continuing a war of attrition against the British rule, in 2005, in the face of ever expanding domestic opposition, IRA finally agreed to lay down arms and carry on its struggle though democratic and political means; Sinn Féin became its widely accepted political front. If Sinn Féin [read its EU election campaign agenda and commitment to the ‘Peace Process’ to understand the gargantuan philosophical transformation] epitomised this intelligent change in IRA, the same gambit was chosen by the Maoists of Nepal, Fatah in Palestine and even say, Pervez Musharraf in Pakistan.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.