Followers

Wednesday, September 03, 2014

Sep 03 2014 : The Times of India (Delhi)
SECOND OPINION - Uncivic sense


More than just physical infrastructure, our squalid cities lack mental infrastructure
The other day i saw a man peeing in full public view. Men relieving themselves in the open ­ not only in the so-called `Millennium City' of Gurgaon where i happen to live, but all over India ­ are a common sight not worth remarking upon.Except that this man was doing it right in front of a glitzy mall.
Had the man taken the trouble to walk just a few short yards, he would have had access to the mall's clean, hygienic public toilets, at no cost to himself. Yet he chose to urinate in the open. Or maybe he didn't choose to do so, but that it just came naturally to him: he wanted to relieve himself, so fine, he might as well do it there and then, right where he was.
I would have forgotten this commonplace incident if it were not for Prime Minister Narendra Modi's proposal to provide indoor lavatories in villages ­ specifically to ensure privacy and security for women, who risk sexual assault by going outdoors at night to answer nature's call ­ and to create a hundred new cities.
The women of India, particularly of rural India, will owe the PM an immeasurable debt of gratitude if he can deliver on his promise. But this sentiment is perhaps unlikely to be shared by their male counterparts.
Indians in general, and Indian men, in particular, have arguably the lowest civic sense in the world. It is this lack of what could be called `mental infrastructure', together with lack of physical infrastructure, that increasingly is turning our cities and towns into living nightmares of filth and squalor.
Indian cities are among the dirtiest and most polluted in the world. Even the `sacred city' of Varanasi is not immune from this urban contagion, daily dumping tonnes of untreated human waste into the Ganga, turning the so-called `holy' river into a sewage drain.
We can, and we certainly ought to, install lavatories in village homes.We can also project creating a hundred new cities, to accommodate the continuing migration from the rural hinterland to urban areas as the country's workforce, slowly but inevitably, turns from agriculture to manufacturing.But these new cities will soon become as derelict and dysfunctional as all our other cities for lack of the mental infrastructure of basic civic sense.
Indians, notably Indian men, pee and crap where they will, even if toilet facilities are available to them. We routinely throw our garbage out of our homes onto the public streets with little or no regard as to who's going to collect it, and what's to be done about its disposal. We flout all traffic rules, resulting in a daily death toll of accidents and lethal outbursts of road rage.
We can plan to build cities, but it seems we ourselves are not planned, or mentally programmed, to live in them, and soon turn them into urban wastelands. And the tragic irony is that the Indian subcontinent boasted one of the earliest and best-designed cities in the world called Mohenjo-daro.
Before thinking of building a hundred new cities, or even one new city , we should think of how we're to reclaim our lost civic sense. How do we citizens of India become its true city-zens?
secondopinion@timesgroup.com http:blogs.timesofindia.indiatimes.comjugglebandhi
Sep 03 2014 : The Times of India (Delhi)
Noted Jamia scholar accused of plagiarism
New Delhi:


A shocking case of plagiarism has come out involving Janaki Rajan, a leading educationist teaching in Jamia Millia Islamia's department of teacher training & non-formal education.Rajan, also a member of the National Council of Teacher Education, whose work among teachers in Delhi and elsewhere has received wide acclaim, has been accused of lifting portions of her 1991 PhD thesis from Jadunath Sinha's book Indian Psychology: Cognition, a 1958 publication of Sinha Publishing House.
Huge chunks of Rajan's 1991 dissertation -Cognitive Development in Primary School Children with Particular Reference to the Con cepts of Space and Time -from Osmania University are allegedly taken from Sinha. Rajan's list of bibliography does not mention Sinha's book as a source. Rajan told TOI, “This is not true. I will comment only if it is brought to my notice.“ She refused to give any explanation. The plagiarism was discovered by a research scholar working on perceptions of teachers of higher education on the role of mass media in checking corruption. Sinha was a Premchand Roychand Scholar who taught in Meerut College. He was also author of a two-volume history of Indian philosophy . A subsection of Rajan's chapter II (Review of Literature) is entirely taken from chapter VIII of Sinha's book.
For the full report, log on to http:www.timesofindia.com



Sep 03 2014 : The Times of India (Delhi)
Death row convicts get one final open hearing
New Delhi:


The Supreme Court on Tuesday decided to shed its nearly 60-year-old rule to allow death row convicts another chance to argue in open court and plead for life, further narrowing down the possibility of the application of death penalty.A five-judge bench headed by Chief Justice R M Lodha, by 4-1 majority, decided in favour of giving condemned prisoners another chance to seek life term by ruling that petitions seeking review of judgments upholding capital punishment would henceforth be heard in open court.
Till now, all review petitions were considered in chamber by the judges with out taking assistance from petitioners’ lawyers. Now, the court said the rule would be diluted to allow open court hearing for such petitions against SC judgments confirming death sentence by a three-judge bench. The judgment to hear in open court review petitions against death sentences confirmed by the SC was in keeping with the trend where the apex court has tried to restrict the scope for imposition of death penalty and had suggested standardization and tightening of the `rarest of rare' category .
Writing the majority judgment on behalf of the CJI R M Lodha and Justices J S Khehar and A K Sikri, Justice R F Nariman said, “We feel that when a convict who has suffered the sentence of death and files a review petition, the necessity of oral hearing in such review petition becomes an integral part of `reasonable procedure'.“ Justice J Chelameswar struck the lone dissent note.
Nariman said it was necessary to go beyond traditional procedures. “Death penalty is irreversible in nature. Once a death sentence is executed, that results in taking away life of the convict. If it is found thereafter that such a sentence was not warranted, that would be of no use as the life of that person cannot be brought back. This being so, we feel that if the fundamental right to life is involved, any procedure should be just, fair and reasonable. We feel that a limited oral hearing even at the review stage is mandated by Article 21,“ added Nariman.
Would apex court judges, who have long experience in discerning genuine cases, not be able to identify cases where death penalty needed to be converted to life term while considering review petitions in chamber without hearing the lawyers? The majority judgment answered it in simple words, “When it comes to death penalty cases, we feel that the power of spoken word has to be given yet another opportunity even if the ultimate success rate is minimal.“
For the full report, log on to http:www.timesofindia.com

Tuesday, September 02, 2014

Sep 02 2014 : The Times of India (Delhi)
88% crack IIT-JEE in the first attempt
Mumbai:


The entrance exam to the Indian Institutes of Technology (IITs) has never had so many candidates who cracked the gruelling exam in the first attempt: 88% candidates qualified in the first shot this year.Last year, 69.6% of aspirants qualified after taking the IIT-JEE (advanced) for the first time. Another 27.2% had to take the test again before they could walk past the gates of the IITs. This year, merely 12% students qualified after taking the exam for the second time.Since the last two years, the IITs have only allowed candidates two attempts.
“We are realizing that by restricting the number of attempts, the IITs are getting students who are very welltrained. I am not sure if it is putting more pressure on students, but students are a lot better prepared,“ says an IIT director. Slicing the statistics further shows that of the 9,795 students currently sitting in the first-year classrooms across IITs, the count of those who cracked the JEE (advanced) in the first attempt stands at 6,725 (68.65%).
Data till 2007 shows about 10% of the total aspirants were taking the JEE for the third time (or more). But with more students taking the test seriously, JEE-2006 saw the share fall as 43.5% candidates qualified in their first try, as compared to JEE-2005 in which only 28.49% got through the first time around.
In fact, a dean from IITMadras believes these statistics are a result of the changing profile of those who are making it to the IITs. “Students who are now walking into the IITs are mostly from cities and from middle-class households who can afford to pay for tuitions,” he says.
Most of those who qualified—20,636 or 76%—are from urban centres, 3,862 (14.22%) are from towns, and 2,654 (9.77%) are from villages. Again, making for a sharp economic divide on campus, two large cohorts of students in the current batch are from the upper-middle classes and from the lowerincome groups.
This year, 3,586 or 13.2% who qualified disclosed that the annual family income is over Rs 8 lakh. Three years ago, data revealed that about 9.3% of the qualified candidates had an annual family income of over Rs 10 lakh.
For the full report, log on to http:www.timesofindia.com
Sep 02 2014 : The Times of India (Delhi)
Women scientists enter IIT council
New Delhi:


The IITs, predominantly a male club that never had a woman director or scientist in its council, is in for a big change. HRD ministry has nominated two women scientists Tessy Thomas and Vijayalakshmi Ravindranath to the IIT council, the apex body of 16 IITs. A senior HRD official said, “The idea behind getting women scientists in the IIT council is to show that science is not the sole preserve of men. Women can be at par with men in carrying out research.“ He said these two can act as role models. Thomas is the first woman to head India's missile programme. She is in charge of Agni-4 missile project of Defence Research Develop ment Organisation. Ravin dranath helped establish National Brain Research Centre. Her research on neurogenerative disorders can be used to develop disease-modifying therapies.IIT council is headed by HRD min ister and consists of three members of Parliament, chairpersons and directors of all IITs, chairperson of UGC, director general of CSIR, chairman and directors of IISc, nominee of HRD ministry and three appointees each of the ministry and AICTE.
Sep 02 2014 : The Times of India (Delhi)
Never allow short-term data to mask long-term prospects


We all believe that we remain logical and rational while making any decision. What we don't realize is that, as human beings, we are all prone to stumble into mental pitfalls.Ben Graham, the father of value investing, proclaimed, “The investor's chief problem, and even his worst enemy, is likely to be himself.“ If that is not true, how can we explain that passive investing in equities has given double-digit returns over the long term but is still considered risky . So it's said, “The fear of equity has done more damage than equity itself.“The emotional reactions to investing in equity often diverge from cognitive assessments of the risks of such investments. Markets have done well, but investors have not done well. Emotions are designed to trump logic. We do not realize that we are affected by many heuristic biases. What is a heuristic?
Heuristics are like back-ofthe-envelope calculations that sometimes come close to providing the right answer. But, such mental short cuts and rules of the thumb may tend to be off-target as the heuristics used are imperfect.
In this and the next two editions, we will take up 13 (today, we take the first one) of the common biases that we come across and which impact our decisionm a k ing ability when deciding on financial investments: 1) I know better coz I know more: This results from over optimism and over confidence. The great obstacle to discovery is not ignorance but it is the illusion of knowledge. The simple truth is that more information is not necessarily better information. What you do with information matters more than how much of it you have. The classic example is a retail investor getting pounds of data regarding the performance of mutual funds. If one does not know how to read and interpret the data, it is of no use to himher.
The following illustration drives home this point.
Richard Thaler studied the behaviour of MBA students managing the endowment portfolio of a small college and investing it in a simulated financial market: The market consists of two mutual funds A and B and you must allocate among them. Before the game begins, however, you have to choose how often you would like to receive feedback and have the chance to change your allocation every month, every year or every five years. The groups were given infor mation and were allowed to use that as often as possible. Thaler's group tested whether this intuitive answer is right by randomly assigning them to receive feedback at varied intervals.
At the end of 25 years of simulation, subjects who only got performance information once every five years earned more than twice as much as those who got monthly feedback. So how could having sixty times as many pieces of information and opportunities to adjust their portfolios have caused the monthly-feedback investors to do worse than the fiveyear ones?
The answer lies partly in the nature of the two funds the investors had to choose from. The first fund was a fund investing in bonds with low average rate of return but was fairly safe. The second was a stock fund. It had a much higher rate of return but also a much higher variance, so it lost money in about 40% of the months.
In the long run, the best returns resulted from investing all of the money in the stock fund, since the higher return made up for the losses. Over a oneor five-year period, the occasional monthly losses in the stock fund were cancelled out by gains, so the stock fund rarely had a losing year and never had a losing five-year stretch. In the monthly condition, when subjects saw losses in the stock fund, they tended to shift their money to the safer bond fund, thereby hurting their long-term performance.
At the end of the experiment, the subjects in the fiveyear condition had 66% of their money in the stock fund, compared with only 40% for the subjects in the monthly condition. Subjects who got monthly feedback got a lot of information but it was short-term information that was not representative of the true, long-term pattern of performance for the two funds. The shortterm information created an illusion of knowledge -a knowledge that the stock fund was too risky.
So more information may have led to less understanding. People who got the most feedback about the shortterm risks were least likely to acquire the knowledge of the long-term returns.
This is the first of a three-part article on human emotions that influence how we invest. The writer is with a leading domestic fund house
Sep 02 2014 : The Times of India (Delhi)
Nalanda reopens after 800 years
Patna
TNN


Nalanda University in Bihar's Rajgir district started its first academic session on Monday , nearly 800 years after the ancient institution was destroyed. Students attended four sessions on the first day , from 9am to 1.30pm.“The students had a chance to explore the neighbourhood during their threeday orientation programme earlier,“ vice-chancellor Gopa Sabharwal told TOI. The first batch of students is being called the `Nalanda Pioneers'.
Nobel laureate and NU chancellor Amartya Sen was the first to call and wish the students. At present, NU has two schools of the seven planned: ecology and environment studies and historical studies. There are 15 students and 11 faculty members and admissions are still on. Besides professors from forB eign nations, Nalanda University (NU) in Bihar's Rajgir district also has two students from Bhutan and Japan.
Members of the NU governing body , Wang Bangwei, Wang Gungwu, N K Singh, George Yeo and Anil Wadhwa, too, sent laudatory wishes to the students and faculty members. “Congratulations. Indeed a moment of great satisfaction,” Singh’s message read.? NU School of Ecology and Environment Studies associate professor Somnath Bandyopadhyay told TOI, “A combined class was held on Monday morning for the students where they were told about our focus on interdisciplinary learning.” The university’s classes will be held at Rajgir’s signature building, the International Convention Centre, until a makeshift campus near the Rajgir bus stand is ready.
For the full report, log on to http:www.timesofindia.com