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Public Policy: Rising Food Inflation will Destabilize Economic Recovery

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Growing Challenges of Food Inflation due to Shortsightedness in Policy Making Process By: Vijay Sardana “Rising Food Inflation violating Fundamental Right to Life for Many” Are we really serious about controlling food inflation? India can spend Rs. 80,000 Crores for Commonwealth Games for 20 days event but the such enthusiasm and determination was missing when it came to construction of storage facilities to protect food from deterioration. What is the return on investment after the sports event is over, I have no idea. But investment on warehouses and storage facilities will definitely save about Rs. 80,000 crores of food for India every year. This will also help in controlling inflation to some extent? Why these facilities cannot be created the way we invested and created facilities for common wealth games.   Why this is not happening with same vigour? Who will answer this? Can someone ask this question in Parliament to know the answer from the government. Are we

Challenges in Integrating Modern Technologies with People

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Integrating Technologies and Human Resources -– the biggest challenge for Supply Chain Companies By: Vijay Sardana In modern trade regime, strong interdependence between various activities of supply chain management and logistics management is witnessed. It is thus difficult to identify precise boundaries. In other words there is a tendency to oversimplify the supply chain issues or to make it too complicated by adding too many issues, which are not required for efficient business operations. In modern supply chain, these boundaries are continuously moving to accommodate an integration of supply chain and logistics activities depending upon the changing consumer expectations.  In fact, it is suggested that logistics is a sub-function of the supply chain. While logistics may be involved to some extent in an increasing number of supply chain activities but it can never be a part of the complete supply chain spectrum. In practice, functions such as sou

Who should ensure Accountability and Transparency in Governance?

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Who should ensure Accountability and Transparency in Governance?  By: Vijay Sardana In a country of 1.2 billion populations, where resources are scares to even meet the growing basic needs and aspirations of the citizens, effective governance becomes very critical to ensure sustainable, stable and vibrant democracy.   What is Governance in modern world? Good Governance is required to ensure proper management and functioning of the entire fabric of the political, economic and social life of a nation. It becomes more complex when we try to manage highly diversified nation as India with growing challenges of increasing young and impatient population and hyper-connected with changing dynamics of the world with technologies beyond the control of governments and censor boards driving changes in aspiration of average citizen on real time basis. The World Bank defines governance as “the exercise of political authority and the use of institutional resources to manage society