I was anything but surprised when five ISB graduates got a package of a crore plus. Something like the upward graph of the sensex doesn't have a similar effect on my eyebrow.
I in no way question the ability and merit of these fairly young corporates and entrepreneurs. But what I do question is how is it that a largely agro-based economy will benefit from this? What probably affects our economy more is not the closing of the Bombay Stock Exchange for a week but a poor monsoon and a failed crop!
While these 20 something's were celebrating their mammoth salaries, a 32-year-old farmer in the onion belt of Maharashtra committed suicide because he could not pay back a loan of 40,000 rupees.
While these MBA's prepare to chalk out investment plans and analyze risk factors for big banking firms, can no one offer a suitable solution to the suicidal risk involved in the meager loans these farmers take?
These helpless farmers living on the edge continue to harvest hunger!
It's this growing divide... the crack that threatens to snap the very backbone of the Indian economy.
first published:April 06, 2006, 20:19 ISTlast updated:April 06, 2006, 20:19 IST
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Skyrocketing is no longer enough to describe the salaries of top 'B' school graduates. But I'd leave it to that till oxford comes up with a better replacement of the word.
I was anything but surprised when five ISB graduates got a package of a crore plus. Something like the upward graph of the sensex doesn't have a similar effect on my eyebrow.
I in no way question the ability and merit of these fairly young corporates and entrepreneurs. But what I do question is how is it that a largely agro-based economy will benefit from this? What probably affects our economy more is not the closing of the Bombay Stock Exchange for a week but a poor monsoon and a failed crop!
While these 20 something's were celebrating their mammoth salaries, a 32-year-old farmer in the onion belt of Maharashtra committed suicide because he could not pay back a loan of 40,000 rupees.
While these MBA's prepare to chalk out investment plans and analyze risk factors for big banking firms, can no one offer a suitable solution to the suicidal risk involved in the meager loans these farmers take?
These helpless farmers living on the edge continue to harvest hunger!
It's this growing divide... the crack that threatens to snap the very backbone of the Indian economy.
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