25 December 2021

Which Is The Best Course?


"Which course must I do?" is the most basic question for youngsters (age 15-21/22). There are 3 major decision-points in education:
1. After 10th std
2. After 12th std
3. After degree

The basic question is: Which is your favourite subject? And the rule is: If your favourite subject is X, then take subject X in the next stage. Example: If your favourite subject in school is history, then do Arts in +2. What if you don't have any favourite subject*? Then take the Best Default Option at that stage. The Best Default Options at each stage are:
1. After 10th std - Science
2. After 12th std - Engineering
3. After degree - MBA

The Best Default Option is the option that will:
A. Guarantee you a decent-paying job
B. Give you the freedom/flexibility to change your path later

In 20th century India, the top 1% took medicine and the bottom 99% took engineering. In 21st century India, almost every field will pay you enough to live a middle class lifestyle (car + house + children's school fees). So youngsters must focus on discovering their potential and achieving their potential. The above education 'algorithm' may help them to do that.

*PS: If you have a hobby you are passionate about (sports, music, art, etc) you can make that your career.

20 December 2021

2021 People Of The Year: Healthcare Workers

# For fighting a heroic war against the Chinese virus

# For saving the lives of around 2.5 lakh people

# For putting their duty above themselves and their families

# For proving the ancient saying 'Vaidyo Narayano Hari'

Healthcare workers (doctors + nurses) are 2021's People Of The Year . . .

15 October 2021

Hinduism And Hindutva


Q: What makes humans different from animals?
A: Culture.
Every group of humans have a system of beliefs and practices - ie, a culture. This culture makes us human. Without it, we are no better than animals.

We are Hindus. Our way of life is Hinduism. This way of life has sustained our civilisation for 5000 years. If we lose our way of life, we will be no better than animals. Islamic/Christian fundamentalism have been waging war on Hinduism for 1000 years and have been trying to destroy it. This war continues even today.

Today is Vijay Dashami - the day Goddess Durga killed Mahishasura. It is the victory of Dharma over Adharma, of good over evil. On this sacred occasion, let us vow to fight for Hinduism and against anti-Hinduism in our own humble way. Let us preserve our 5000-year-old way of life - and remain humans.

Sanatana Hindu Dharma ki jai!

01 August 2021

Why Mistakes Are Necessary

What is a 'mistake'? You are at point A. You want to go to point B. You think action X will take you to point B - so you do action X. But after doing action X, you end up at point C. Then you analyse the whole process (of you doing action X and going from point A to point C). Based on your analysis, you now think that you should have done another action Y to go to point B. Then you say that action X was a 'mistake'.

When you were at point A, you had a certain amount of information. Based on that information, you decided that action X would take you to point B. Now - after doing action X and going from point A to point C, your information has increased. So now based on this increased information, you are saying that you should have done action Y instead of action X. Did you have this information when you were at point A? No.

You will say: "I should have collected more information when I was at point A". The truth is you collected as much information as you could when you were at point A. There is a limit to how much knowledge we can acquire through mere data-collection - and you had reached that limit at point A. The only way to acquire more knowledge is through experience - ie, doing action X and going from point A to point C.

Another way of understanding this is to ask the question: "In what scenarios will we never make a 'mistake'?". Answer:
1. When we have complete information/knowledge - This is impossible because we are humans, not Gods.
2. When we don't try to go from point A to point B at all - ie, When we don't try anything at all.

Seen this way, we realise that mistakes are the only way for us to reach our goals. That is - mistakes are necessary.

26 July 2021

B S Yadiyurappa - The Economic Reformer

The 1991 economic reforms were a revolution in India's history. They freed our economy by removing government-controls on production and trade. But government-controls remained on the three inputs/factors of production  land, labour and capital. So our economy became only 50% free. Making our economy 100% free and unleashing its full potential requires removing these government-controls also  ie, carrying out factor-market reforms. Economists call this as Second Generation Reforms  and have been demanding it since 1991.

In 2015, Prime Minister Narendra Modi tried to carry out land-reforms  ie, removing government-controls on selling and buying land. Congress Party (which wants the pre-1991 govt-controlled socialism) said the land-reforms were 'pro-rich' and 'anti-poor'. Rahul Gandhi famously said: "Aapki sarkar suit-boot ki sarkar hai". The Modi-government was afraid of being seen as pro-rich/anti-poor  so it dropped the land-reforms and said it would leave it to the states. And how many state-governments (including BJP state-governments) carried out the land-reforms? Answer: Zero.

In 2019, BJP came to power in Karnataka and B S Yadiyurappa became Chief Minister. In January 2020, he attended the World Economic Forum at Davos and then announced that he would carry out the land-reforms in Karnataka. In September, he pushed the Land Reforms Bill through both the Houses of the Karnataka Legislature and carried out the land-reforms. Now (10 months later) the first benefits of the land-reforms are already visible: land prices, land sales and government revenue have all increased.

Today B S Yadiyurappa resigned as Chief Minister of Karnataka and brought an end to his long political career. He will go down in history not just as the man who brought BJP to power in South India but also as the greatest economic reformer among India's Chief Ministers.

24 July 2021

India's 1991 Revolution

Today is the 30th anniversary of India's 1991 economic reforms. When we became free in 1947, Prime Minister Jawaharlal Nehru adopted the inefficient govt-controlled socialism as our economic system. After him, his daughter Indira Gandhi also continued with the same inefficient economic system. As a result, our GDP grew by around 3.5% per year. Our population grew by around 2% per year  so our per capita income grew only by around 1.5% per year.

But the countries of East Asia and South East Asia adopted the efficient free-market capitalism as their economic system. As a result, their GDPs grew by up to 10% per year. Consequently, the East Asian countries (Japan, Korea, Taiwan) became high-income countries and the South East Asian countries (Thailand, Malaysia, Indonesia, etc) became middle-income countries whereas we remained a low-income country  though they were poorer than us in 1947.

Finally in 1991, Prime Minister P V Narasimha Rao started the process of changing our economic system from inefficient govt-controlled socialism to efficient free-market capitalism. As a result:
# Our GDP has grown by around 8% per year. Our population has grown by around 1.5% per year  so our per capita income has grown by around 6.5% per year.
# We have lifted around 60 crore people out of poverty  drastically reducing our poverty from around 50% in 1991 to around 5% today.
# Our economy has grown more than 10 times from $ 270 billion (#17 in the world) in 1991 to $ 3 trillion (#5 in the world) today.

Today's youngsters have not seen pre-1991 socialist India  so they do not know how revolutionary the 1991 economic reforms were. We can understand this revolution by looking at the lifestyle of a middle-class family in pre-1991 socialist India:
# Only a few middle-class families had cars  most had only scooters.
# Only doctors got telephones immediately  other middle-class families had to be in a waiting-list.
# There was only one TV channel for the whole country  the government channel (Door Darshan).

Thus the 1991 economic reforms brought about sweeping and unimaginable changes in India. So we must call the event by its correct name: not 'reforms'  but 'revolution'. But the process is still incomplete. Our economy is still 50% socialist. We must take the 1991 Revolution to its logical conclusion by making our economy 100% capitalist  to lift all our people out of poverty and make India a superpower.

15 April 2021

Online Classes Is NOT Education


# Sitting in a real classroom with your classmates and discussing the subjects with your Professors is education.
# Living in a hostel with your batchmates + seniors + juniors and interacting with them is education.
# Eating in a mess with your batchmates + seniors + juniors and complaining about the bad food is education.
# Seeing your classmates, talking to them, cracking jokes with them and laughing with them is education.

# Sitting in front of a laptop at your home in your home-town is NOT education.