Niveshak May 2013 Issue with Page Flip version
Wednesday, June 5, 2013 , Posted by Team Niveshak at Wednesday, June 05, 2013
Dear Niveshaks,
The figures for GDP 2012-2013 were out recently and the performance of our nation, to put it mildly, was below the mark. We grew by 5% in the last year which is our slowest pace in the last decade. That’s a huge worry for Manmohan Singh.
But our cover story may feel like a stroke of cool breeze to him. We claim that this number is as meaningless as it can get! There are far more important things to look at but we won’t even have a glimpse at them since neither that is the latest fad in international circles nor is the panic situation here yet. However, an increasing number of leaders – social, political, business and environment leaders – are seeing ‘Natural Capital Accounting’ as having truly arrived. Niveshak brings to you the new age, yet-to-take-its-proper-shape, in-line-with-IIM Shillong’s core theme of sustainability Natural Capital Accounting!!! We suggest that we value the air, water, soil, ecosystem and all that we essentially use for free in our companies in our financial statements and pay the true cost of our actions.
Niveshak also brings some more good reads for you in this issue – the highlight is the guest column by one of our Professors, Dr. Sanjeeb Kakoty, as a supplement to our cover story. Let me not forget to mention that
he was the sole educationist from India to be invited to Rio+20 summit last year and hence, has enormous perspectives to offer on the subject. So, sit back and think as he takes you through the intricacies of Natural
Capital Accounting in his own interesting way. Then there is the story of ‘miraculous’ growth of Japan after the Second World War. What was the miracle involved is something you will discover only after you read the issue’s Finistory but one thing is certain – that the path chartered by the nation after facing the nuclear disaster is a continuing inspiration for many other nations. FinGyaan of the issue talks of the much deliberated ‘Opportunity cost’ but in a refreshingly new way! And you will agree, that’s something Niveshak is known
to bring to every topic!
To end this brief note, it’s important that we thank you, our readers, for your constant support and appreciation. Thank you! It is your endless encouragement and enthusiasm that keeps us going. We hope your internships went on well and you did leave great impressions on your employers. Kindly keep pouring in your suggestions and feedback to niveshak.iims@gmail.com and as always,
But our cover story may feel like a stroke of cool breeze to him. We claim that this number is as meaningless as it can get! There are far more important things to look at but we won’t even have a glimpse at them since neither that is the latest fad in international circles nor is the panic situation here yet. However, an increasing number of leaders – social, political, business and environment leaders – are seeing ‘Natural Capital Accounting’ as having truly arrived. Niveshak brings to you the new age, yet-to-take-its-proper-shape, in-line-with-IIM Shillong’s core theme of sustainability Natural Capital Accounting!!! We suggest that we value the air, water, soil, ecosystem and all that we essentially use for free in our companies in our financial statements and pay the true cost of our actions.
Niveshak also brings some more good reads for you in this issue – the highlight is the guest column by one of our Professors, Dr. Sanjeeb Kakoty, as a supplement to our cover story. Let me not forget to mention that
he was the sole educationist from India to be invited to Rio+20 summit last year and hence, has enormous perspectives to offer on the subject. So, sit back and think as he takes you through the intricacies of Natural
Capital Accounting in his own interesting way. Then there is the story of ‘miraculous’ growth of Japan after the Second World War. What was the miracle involved is something you will discover only after you read the issue’s Finistory but one thing is certain – that the path chartered by the nation after facing the nuclear disaster is a continuing inspiration for many other nations. FinGyaan of the issue talks of the much deliberated ‘Opportunity cost’ but in a refreshingly new way! And you will agree, that’s something Niveshak is known
to bring to every topic!
To end this brief note, it’s important that we thank you, our readers, for your constant support and appreciation. Thank you! It is your endless encouragement and enthusiasm that keeps us going. We hope your internships went on well and you did leave great impressions on your employers. Kindly keep pouring in your suggestions and feedback to niveshak.iims@gmail.com and as always,
Stay invested,
Team Niveshak.
(click on image or here to view)
