Maj Rati Keteki

After a decade of marriage we realized that we have not gone to watch a movie together. Two of us are not Bollywood or Hollywood  fans, but both of us are reasonably knowledgeable about Hindi movies. I used to watch well known Assamese movies in the past, but due to changing times and bad time management, I am no more a regular viewer of Assamese movies.

It is great to note that Assamese cinema has drawn serious media attention. After the success of Rima Das  there seems to be renewed energy all around. I was keen to see “Village Rockstars” but again due to poor time management I am yet go to a theatre to watch the movie.

A tech savvy colleague of mine informed me about Netflix and advised me that I can watch any latest movie without going to a cinema hall. Accordingly I logged in Netflix but could not find “Village Rockstars” there.

Using the search criterion “Assamese movie” I could find only one Assamese movie and it was “Maj Rati Keteki”. Directed by practicing physician Santwana Bordoloi, it is a thought provoking movie. I had to watch the movie in three parts, again due to poor time management skills. In the first two parts I felt I might require special focus to understand the movie. But while watching the third part of the movie I realized that it was engrossing. There are so many things the filmmaker is trying to address such as rural and semi urban poverty in Assam, opulence of a select few, underlying caste conflict in an apparently cohesive society, ignorance, corruption, child labor, child molestation, linguistic and ethnic diversities and even marital sex.

The movie is successful in portraying the contemporary society. At a personal level I got some new insights as well. I had no idea that Assamese literature is glamorous. Some people naturally clamor for recognition and rewards etc. But as I understand from the movie that even “me too” exists in Assamese literary circles.

Somewhere in the movie I found the highly respected Assamese author Sauarv Kumar Chalia by way of “Subh Barta Chaliha”. I understand Santwana Bordoloi and Saurabh Kumar Chaliha worked together at some point in time, perhaps for making All India Radio dramas. Also Saurabh Kumar Chaliha wrote an exceptionally beautiful review of Santwana Bordoloi’s first movie “Adajya”. But the character “ Subh Barta Chaliha “ in the movie has remained unclear in my mind.

The use of informal/ slang language was another new thing I found in the movie. Most of the Assamese movies I saw used soft, simple and text-bookish language. Santwana Bordoloi’s venture is perhaps as per needs of changing times.

The “Maj Rati Keteki” or the mid night hawk cuckoo inspired Dr. Bordoloi to make such a wonderful film. Hope the bird keeps singing and keeps reminding her that we want more and more films made by her.

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The IL&FS mess and a ginger trader’s concerns

When I started the topic on the current IL&FS mess with my wife she was quick to remind me that a ginger trader need not be worried about ship movement. Whatever may be her view I am deeply concerned about IL&FS current state of affairs. As I understand  there is nothing wrong in the IL&FS agenda. It is building the nation’s infrastructure. It is involved in a complex subject like project finance. Existence of an organization like the IL&FS is need based, which is to help banks avoid liquidity and refinancing risk.

 

The website of  IL&FS says that the organization is about partnership, innovation and empowerment for sustainable infrastructure development. It had focused on commercializing infrastructure projects. It is the pioneer of the Public Private Partnership or the PPP model. These are all great things badly needed by the country.

The list of achievements include

1)Delhi-Noida direct flyway

2) Chenani –Nashri tunnel , the longest tunnel in India.

3) Palatana power project in Tripura ….and perhaps many others. But what had gone wrong in this 30 year old company ?

Media is abuzz with the news of mismanagement in IL&FS. Experts have commented that it was like the deep slumber of Kumbhakarna. Is it so simple?

IL&FS has  a complex structure with a  number of  subsidiaries, joint ventures, special purpose vehicles etc. In simple words it borrows from a set of entities and lends money to projects in anticipation of higher return. As of now it has huge debt burden but unable to do debt servicing. It means IL&FS is not getting return on its investment. Is it enough to blame the management for the same?

It is strange that the learned top management waited till such a hopeless scenario and ran away seeing no solution in sight. Apart from inaction I am unable to figure out much mismanagement. An expert has commented about NAM expressway stake sale at low price, but was it deliberate or pure compulsion?

 

Also I have not understood concerns regarding intangible assets as highlighted in –https://thewire.in/banking/ilfs-india-shadow-banking-bailout

If intangible asset is  defined  as “Under Service Concession Arrangement (SCA), where a Special Purpose Vehicle (SPV) has received the right to charge users of a public service, such rights are recognized and classified as “Intangible Assets”. Such a right is an unconditional right to receive consideration; however the amounts are contingent to the extent that the public uses the service.” (p. 262 FY2018 annual report)”, —we must note that cash flow in project finance is generated through user charges.

The government stand is not clearly spelt out. Initially there was a question—whose baby is this? The IL&FS was promoted by three Govt of India financial institutes viz Central Bank of India, HDFC and Unit Trust of India. But today the shareholding pattern is different. Now the largest shareholder is LIC, a major public sector insurance company. It appears that the IL&FS is without a clear owner but huge amount of public money is invested in it.

Why and when the cash flow declined critically? Where was the problem— in conceptualization, implementation or commercialization? Not much insight is available in public domain. Also what is the road ahead for long term infrastructure finance, remains unanswered.

At the out-set a reference was made to ginger trading. In the Assamese traditional saying a ginger trader is looked down upon. But indigenous people of Assam are not enterprising in nature and ginger trading cannot be a lowly activity. “Dhodar Ali” is one of the few examples  of infrastructure building efforts from Assam history.  Assam lags behind rest of India in infrastructure development. I am not sure if IL&FS was involved in any infrastructure project in Assam. I also donot see any project running well under PPP model in the state. The  Raha toll gate episode sets a bad precedent. A“farmer leader” can stall collection of user fee which is as per contractual agreement.

My worry is that the IL&FS story may shift the focus from infrastructure building in the country to some other not so important issue.

“Management is a performing art”says R Gopalakrishnan,but I beg to differ

“Management is a performing art” said R Gopalakrishnan who had an illustrious career with leading companies including Unilver and the Tata group.

He is correct if we consider that management involves selling dreams (realistic and unrealistic) to all stakeholders and this quality is likely to be in an artist rather than in a scientist.

The statement is true if we take into account that management also involves keeping the bosses in good humor (the incumbent manager is expected to have artistic talents like singing, dancing during a cocktail party or at least giving a presentation confidently).

The manager is expected to lead a team and keep it motivated so that works can be done. This trait is also found in artists rather than in scientists.

“It is enough to know the difference between an onion and a pinion to lead an Indian engineering company” said a senior company executive who is known to me personally. Perhaps R Gopalakrishnan and this executive are saying the same thing.

But R Gopalakrishnan is not correct if we observe that a manager is expected to understand the nuances of artificial intelligence, internet of things, project finance and corporate finance and so on and so forth. I find it difficult to understand how managers can make a difference through performing arts in leading Indian companies such as Reliance, TCS, IOCL, ONGC and HDFC bank.

To be a successful manager in a Reliance group company one should perhaps have good knowledge of a specific domain, say petrochemical or telecommunication. But the manager’s capability is also restricted by economic fundamentals. No manager as a scientists or a performing artist could have saved Lehman Brothers from falling. Similarly the success of Apple, Microsoft or Bank of America can’t be attributed to any act of performing art.

The most important manager in India today is perhaps Mukesh Ambani, the Chairman and Managing Director of Reliance Industries. But not much is known about his skills in performing arts. We only know that his wife Nita Ambani was trained in Bharat Natyam. According to her, Mukesh Ambani is “quiet, modest and shy” and perhaps these traits don’t indicate artistic talent.

The iconic Bill Gates was the CEO of Microsoft, a company he founded. He had unmatched talent in computer software.  But as a manager he was “verbally combative”, “not reachable by phone” and “did not return phone calls”. I read that Bill Gates appeared in a series of ads to promote Microsoft. Except that I am not sure if he was anyway involved in performing arts.

R Gopalakrishnan is a professional manager. Unlike Mukesh Ambani or Bill Gates, he is not a founder of any company. He held senior positions in Unilever and in Tatas. He is also an author and an acclaimed motivational speaker. But I don’t see an artist in him.

Therefore I beg to differ on the point that management is a performing art.

Assam NRC brouhaha

The moment the figure of 4 million was out, all “progressive” forces united and equated the state of Assam with Myanmar forgetting that Assam is a small Indian state. Narratives and history changed quickly,and can be summarized as follows:

  1. Assam Accord viz Govt of India’s anxiety and commitment to detect and deport illegal immigrants was forgotten.
  2. The existence of an Assam specific immigrant friendly law (IMDT) in force in the state till 2005 was not pointed out.
  3. The fact that there existed a political agenda to merge  Assam state with Pakistan in the pre independence period and also that there existed state sponsored migration of people from present day Bangladesh ( old East Pakistan and British time Bengal province) was not even talked about.
  4. The tragedy that the indigenous people of Tripura have permanently lost political control over their state due to influx from Bangladesh (East Pakistan/British Bengal province) is not even referred to by the “progressive” forces.
  5. The intense focus was that “former President’s relative”, “former Chief Minister”, “retired officers of Indian army” are not in the draft list and that even doubtful citizens found their names in list was carefully ignored.

Though Didi and “progressive” elements are agitated, Assam continues to be peaceful and even those who could not make it to the  final draft NRC have not raised any noises. Recently I was in a  place which we presume to be taken over by illegal immigrants. The NSK or the NRC Sewa Kendra of the locality is  examining citizenship of close to ten thousand persons. There are twenty seven D voters or doubtful voters in the locality. Ironically the coordinator  of the NSK is also from the immigrant community. According to him in the NSK half of the applicants did not appear in the final draft. The reasons are mismatch in the family tree, clerical error, not so strong supporting documents etc. In some cases one or two family members are in the draft  while remaining are out. The coordinator is confident that though there may be delays but eventually all under the NSK will be in the NRC.

I feel that the above NSK presents a broad picture of the state. After claims and objections are through I doubt if 1 million will be left out. Those left out will have legal options and finally almost all applicants will be in with the help of “progressive” elements

But does it mean that Assam is safe from the silent aggression of infiltrators?

Perhaps the problem was in Assam Accord and the acceptance of 1971 as the base year was against the interest of the indigenous people.  Also perhaps  in a document based legal system it is nearly impossible to prove anybody as an illegal  immigrant.

I believe that even the “progressive” elements would agree that  Assam is home to not less than 8 million Bangladesh origin people. Though it is inappropriate call them “illegal immigrants” (considering the 1971 cut off date factor) the political threat to indigenous people remains and will continue to remain.I can only hope that the “progressive” elements wouldn’t like the idea of another Tripura like North Eastern state.

Census 2011 language data analysis

After watching Mrinal Talukdar’s program on TV, I started surfing the district wise language data based on 2011 census. I found the excel sheet (http://www.censusindia.gov.in/2011census/C-16.html)   in the government managed portal , downloaded and  started analyzing the data as an extremely worried man.

After spending an hour studying the sheet, I felt it necessary to comment on the following districts.

Barpeta is a Bengali Speaking District

I share Mrinal Talukdar’s anguish that there is a majority Bengali speaking district  in Brahmaputra valley of Assam.It is a Muslim majority district and it is also   conceded by one and all that most of the Muslims are of present day Bangladesh origin. I don’t have access to past data but it was presumed that Muslims of Bangladesh origin in Assam declare their mother tongue as Assamese. But Bengali speaking population outnumber the Assamese by over 4 lac In Barpeta !!

Based on religion Barpeta district population is as follows:

Hindus: 5 lac

Muslims : 11 lac

I would like to speculate the  figures of Assamese speaking Muslims and Bengali  speaking Hindus @ 2.5 lac and 1.5 lac respectively and  that in all probability all immigrant Muslims in the district have registered their mother tongue as Bengali.

Darrang is set to be a Bengali speaking district

As per 2011 census data Assamese speakers are just marginally   more than Bengali speakers in Darrang. This is another Muslim majority district and most of them are of Bangladesh origin. Just like Barpeta in all likelihood the Muslims of Bangladesh origin have declared their mother tongue as Bengali in Darrang district.

Dhubri and Goalpara are majority Assamese speaking districts

It will surprise many that Dhubri and Goalpara are two majority Assamese speaking districts as per 2011 census data and that too by good margin over number of  Bengali speaking people. Both the districts are Muslim majority and the presumption is that they are mostly of Bangladesh origin.

Regarding the population pattern of Dhubri and Goalpara I had an interaction with a leftist professor based at Bongaigaon. He was strongly opposed to the perception that Dhubri and Goalpara are overtaken by immigrant Muslims. According to him the number of indigenous Muslims in the districts is sizeable. He also reminded me of  the agitation in 1950s in which the people of undivided Goalapara , Hindus and Muslims fought against the designs of West Bengal  lobby to merge the district with West Bengal.

Still I am not sure if Muslims of Bangladesh origin have done us a favor in Goalapara and Dhubri.

 

Nagaon and Morigaon are clearly majority Assamese speaking  districts

The pattern we find in Barpeta and Darrang are missing in Nagaon and Morigaon districts. Both the districts are Muslim majority and I am sure from my basic understanding   that the indigenous Muslim population in both the districts  is almost insignificant. So there is no doubt that a large section of  Bangladesh origin Muslims of  Morigaon and Nagaon districts have opted for Assamese as their tongue in the 2011 census.

Kokrajhar, Chirang , Baska and Udalguri

In Kokrajhar, Chirang and Udalguri districts  Bodo is the single largest linguistic  group while in Baska Assamese is the single largest group. Rajbangshi language is clubbed with Bengali in the national scenario but in Assam there should have been an exception. It is inappropriate to consider Rajbangshi and Bengali to be the same in the context of Assam.

If we put Assamese and Rajbangsi together in Kokrajhar district, then Assamese speakers will outnumber Bodo speakers in the district.

In the Bodoland districts put together Bodo speaking population is well below 40% .

Assamese speakers are comfortable majorities in eastern Assam districts such as Dibrugarh, Tinsukia, Sivasagar and Jorhat.I have a feeling that a large majority of people belonging to tea garden communities have declared Assamese as their mother tongue in these districts.

I am not sure what next for Barpeta and Darrang districts. Also not sure what is in store for future census exercises. Barpeta and Darrang   districts remind us of the relevance of Assam Accord clause of the need to provide constitutional safeguard to indigenous people.

The arithmetic of census 2011 language data

The recently talked about census data vis-à-vis the threat to Assamese identity seems to be a routine exercise going on for decades. No doubt the census data of 2001 was alarming given that for the first time less than 50% people of the state had returned Assamese as their mother tongue. But there is not much difference between the data of 2001 and 2011.

A section of the intellectuals  state that the biggest threat to Assamese people are the 90 lac and above Bengali speaking people residing in Assam

It is not difficult to calculate the figure of 90 lac Bengali speaking people. Let’s look at the tables below.

 

Cachar 17.4
Karimganj 12.2
Hailakandi 6.59
Total 36.2

 

The total population of the above Bengali speaking districts in 2011 was 36.2 lac. Even if we  assume that 90% people in these districts are Bengali speaking the figure works out to be 32.54 lac.

Nagaon 16
Morigaon 5
Darrang 6
Dhubri 16
Goalpara 6
Barpeta 12
Bongaigaon 4
Total 65

 

The above table indicates Muslim population (in lac) in seven Muslim majority districts of Brahmaputra valley. Though it is inappropriate to state that the 65 lac Muslims of these districts are Bangladesh/East Pakistan/ British time old Bengal province or even Sylhet district of British Assam origin people, but anybody would concede that a large majority of them are immigrants from present day Bangladesh and speak different dialects spoken in Bangladesh. In my humble assessment the total immigrant Muslim population in these districts should be between 45 and 50 lac.

So it is evident that the Bengali speaking population figure in Assam can be 90 lac only if a large majority of immigrant  Muslims return their mother tongue as Bengali.

The arithmetic breaks a few myths:

  • The immigrant Muslims don’t pose linguistic threat to Assamese people as they have assimilated into Assamese society (this is a notion propagated by many Assamese intellectuals including Hiren Gohain and also by political parties like AIUDF).
  • The immigrant Muslims have helped Assamese nationalists by returning their mother tongue as Assamese and thereby making Assam an Assamese majority state( as alleged by  many immigrant Hindu Bengalis).

Perhaps due to strong political awareness it would not be possible to create a Tripura like situation in Assam. I don’t know if immigration continues even now from across Bangladesh border despite so many anti foreigner measures undertaken by the government, but the higher birth rate of immigrant Muslims will continue to affect linguistic balance in Assam adversely. Also we have to wait and see if the NRC exercise would help the indigenous communities retain political power in Assam.

Brahmaputra for Bhulungtupur, Singhason for Muring-Muring, Dengaon for Den Arong

I feel that anybody closely following the Karbi Anglong  lynching incident should also go through the article available at http://www.drongoexpress.com/2018/06/19/joint-orgs-of-karbi-anglong-demands-justice-nilotpal-das-and-abhijit-nath/.

The article is about the reaction of some organizations from Karbi Anglong on the incident. I believe that the article doesn’t necessarily represent the Karbi point of view, but still I want to discuss  the following excerpts from the article.

“The organizations said that they suspect the hand of Bangasena in the Kangthilangso episode”. The article notes. We hope that the organizations have furnished sufficient inputs to administration in this regard. Personally I have across the term”Bangasena” for the first time.

“The organizations said that their names, surnames and countless places have been replaced by Sanskritized one after another most notable include Brahmaputra for Bhulungtupur, Singhason for Muring-Muring, Dengaon for Den Arong, Baithalangso for Vothatlangso, Bakalia for Volongkom Aji etc. If this trend of changing names and surnames of Karbi people and names of places continue then the identities of Karbis and their habitations will be obliterated.” -The concerns/anguishes may be valid. Renaming Brahmaputra may be little difficult but for rest of the places the Assamese community should endorse Karbi sentiments. If there is serious opposition to “Sanskritization” it must be respected.

“Moreover, the organizations has also demanded enquiries into killings and murders that took place in Karbi Anglong in the past 30 years including young son of Mudgil and Kadom Terangpi, EN Jarumohon Basumatary, Chereng Teron, headman Kehai Teron and his wife Ka-et Ronghangpi who were mercilessly murdered in their farm house at Mijung Teron village in December 2017, Sing Timung , Jenisa Ingtipi, Balipathar encounter victims, Archana Timungpi, a chemistry student of Cotton College who was mysteriously drowned in the Brahmaputra at Umananda temple, Guwahati on 12-06-2016. The organization said Archana was beaten up in the courtyard of DC’s Court in Guwahati by non-tribal persons”….

I am not much aware of the above incidents. Though the organizations have not blamed the Assamese community for the above noted incidents directly, but they seem to suggest it. We need to talk about these incidents more openly and try to ensure that justice is done.

In the whole article I could not trace words such as superstition, child lifters, rumors etc. I am still not convinced that it was a case of mob violence triggered by the real or fictitious fear of child lifters.

There seems to be unaddressed pent up communal anger. So far I am unable to figure any root cause. But there must be dialogues among the communities in Assam to ascertain if there are justified grounds of animosity and distrust and find a way forward.

কাৰ্বি আংলঙৰ সাম্প্ৰ্তিক ঘ্টনাবলী

 

কাৰ্বি আংলঙৰ সাম্প্ৰ্তিক ঘ্টনাবলী লৈ বহু আলোচনা হৈছে । বিশেষকৈ এই ঘ্টনাই আৰু কেইটামান ইতিপুৰ্বে ঘটি যোৱা ঘট্নাৰ বিষয়ে জনসাধাৰনক ভবাই তুলিছে ।

মিঠু দাসৰ লগত কি হৈছিল সেয়া আমি নাজানো । প্ৰ্কাশ পাইছে যে তেওক একেকেইজন অপৰাধী্য়েই তালিবানী কায়্দাৰে হত্যা কৰিছিল । দোষাৰোপ কৰা হৈছিল যে মিঠু দাসে কোনো জনজাতীয় মহিলাক ধৰ্ষণ কৰিছিল । এই ঘ্টনা প্ৰ্চাৰ মাধ্যমত কিয় সবিশেস আলোচনা নহল বুজি নাপালো ।

২০১৩ চনত ঝ্ংকাৰ শইকীয়াক ডিফুৰ ৰাজপথত কেইজনমান আটোচালকে নিৰ্মম ভাবে হ্ত্যা কৰিছিল, তেওৰ দেউতাকৰ সন্মুখতেই ।অটো ভাৰা লৈ হোৱা এটা সামান্য কাজিয়া পৰিবৰ্তিত হ্য় সাম্প্ৰ্দায়িক আক্ৰ্মনত । বাতৰিত প্ৰ্কাশ যে হত্যাকাৰীয়ে এতি্য়াও মুকলি আকাশৰ তলত বিচৰণ কৰিছে, আইনী আসোৱাহৰ সুবিধা লৈ।

৮ জুনত হোৱা ঘ্টনাত্কৈ ওপৰোক্ত ঘ্টনা দুটিৰ পাৰ্থক্য ইয়াতেই যে, ঘ্ট্না দুটিত সাম্প্ৰ্দায়িক দিশটো অতিকে স্পস্ত্ ।ব্যক্তিগত ভাবে মই নীল-অভিজিত হত্যাকান্ডত কুসংস্কাৰ, অনগ্ৰসৰতা বা উৰাবাতৰিৰ প্ৰ্ভাব কাৰক বুলি ভাবিবলৈ টান পাইছো ।

পোহৰলৈ আহিছে যে এই হ্ত্যাকান্ডত জৰিত সকল কেইবাখনো গাৱৰ যুবক, যিসকলৰ বাইক তথা স্মাৰ্ত ফোন আছিল । এয়াও এতিয়া নিশ্চিত হৈছে যে উৰাবাতৰি প্ৰেৰণ কৰাসকলে জানিছিল যে নীল-অভিজিত সোপাধৰা নাছিল । অধিক চিন্তাৰ বিষয় হল যে কিছুস্ংখ্যক গাওবাসীয়ে উৰাবাতৰি প্ৰেৰক সকলক বিশ্বাস কৰিছিল, সেইসকল লোকৰ অপৰাধজনিত অতীতৰ বিষয়ে জানিও ।

সাম্প্ৰ্দায়িকতাৰ বিৰোধিতা কৰাতো আমাৰ সকলোৰে দায়বধ্যতা ।কাৰ্বি আংলঙৰ ঘ্টনাসমুহ সাম্প্ৰ্দায়িকী কৰন অনুচিত, কিম্তু এই ঘ্ট্নাসমুহ্ত সাম্প্ৰ্দায়িকতাৰ বীজ আছে নে নাই সেই বিষয়ে নিৰ্মোহ আলোচনা হোৱা উচিত ।

ৰাজ্য চৰকাৰে কুসংস্কাৰ বিৰোধী অভিযান আৰম্ভ কৰাৰ যোযা কৰা বুলি শুনিব পাৰিছো ।ভাল কথা । সেইদৰেই আমি প্ৰ্কাশ্য ভাবে সাম্প্ৰ্দায়িকতা বিৰোধী অভিযানো কৰা উচিত ।

সাম্প্ৰ্দায়িকতা অকল কাৰ্বি আংলঙ বা অসমেই নহয় , ই ভাৰতৰ চুকে কোনে বিয়পি পৰিছে।

সাম্প্ৰ্দায়িকতাৰ ভিত্তি অকল ধৰ্ম্ নহয় । সে্য়া হব পাৰে ভাষা, গোস্ঠী, ভৌগলিক স্থিতি বা আন কিবা বিভিন্নতা ।

Valuation of Air India, Flipkart and Paytm

The government’s inability to sell Air India and the failure of the defence Make in India project explain one simple thing that governments can’t do business. But it is not just  government, but for most of us business has become an extremely complicated subject.

Many people are in business to earn a living. One can earn a living by doing a business if the business is profitable. But this is not necessarily true.

Air India is loss making. But it has enormous assets. In recent quarters it is “operationally profitable”. Despite that nobody expressed interest to buy Air India.

Now let’s talk about Walmart Rs1600crore acquisition of Flipkart .Flipkart is consistently making losses. In FY17 the reported loss was Rs8771crore.But we love to hear the fairy tale like stories of Bansals and Flipkart. Two IIT alumni started Flipkart. There was no great technology in what they did. They just tried to sell books online and perhaps could sell twenty books in the first year. But fortune favors the brave and they got angel investors and the company’s valuation grew. Finally despite losses the largest ecommerce deal took place.

Except using the app not many of us are aware, what the company Paytm does. Its founder Vijay Shekhar Sharma is one of the most influential young Indians. But his companies keep reporting losses year after year. At Rs1000crore annual loss the company is valued at Rs1000crore.

In an article published in 2017 (https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/how-much-is-air-india-really-worth-investment-bankers-weigh-in/articleshow/59506525.cms) Air India valuation was put at least  Rs16000 crore.

But in another article published in 2014(https://www.firstpost.com/business/the-real-value-of-all-indian-airlines-put-together-re-1-406266.html) Air India valuation was put at Rs1/.

Sadly for the government valuation done in 2014 proved to be correct in May 2018.

Understanding or explaining valuation of business is not my cup of tea. But I too have a dream of running a loss making but high value business.

The inspiring journey of Rima Das

“People don’t like me because I don’t have money”. Raseswar  Bora, the protagonist of Jahnu Barua’s  successful film “Halodhia Choraye Baodhan khai” had said so. The film got the National Film Award for Best Feature Film in 1988.After 30 years another Assamese film bagged the award, Rima Das’s “Village Rockstars”.

The film is about a poor village girl child who fights the challenges surrounding her and does everything to own a guitar and to become a rockstar. It is a simple film with a message like “Halodhia Choraye Baodhan khai”.

But Rima Das is no Jahnu Barua. She is not a trained filmmaker. With her qualifications she could have settled down as a professor. But she chose to follow her heart. Already she has made three movies that can be described as “one woman show”, because she is the director, producer, story writer and so on and so forth of all her movies. All her films won regional, national or even international awards.

Rima Das had constraints. She had to shelve her dream of becoming a bollywood actor, one of the reasons being her limited Hindi speaking skill. In film making the obvious constraint was money. But she was able to manage money through self funding and capture global audience so as to get sufficient return of her investment and continue making films.

Rima Das’s journey from Kalardia village near Chaygaon to Guwahati and then to Pune and Mumbai is inspiring. Hope she continues to excel in her creative endeavor and also continues gifting us the likes of Bhanita Das who won the Best Child Artist award.