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Portrait of India: Indian People, Indian movies, Indian recipes, India festivals & more.

The success of Indian democracy with more than 1 billion population, 29 states, 7 union territories and 1600 languages/dialects presents a true image of unity in diversity. With a civilization more than 5000 years old, India reflects rich culture, traditions and values relative to geographic locations. Invasions and migrations have contributed to the diversity of Indian culture with convergence of different habits, faiths and practices.

The success of Indian democracy with more than 1 billion population, 29 states, 7 union territories and 1600 languages/dialects presents a true image of unity in diversity. With a civilization more than 5000 years old, India reflects rich culture, traditions and values relative to geographic locations. Invasions and migrations have contributed to the diversity of Indian culture with convergence of different habits, faiths and practices.

India is a land of festivals. Indian festivals differ in associated religious, social and seasonal elements. Some festivals welcome the seasons of the year, the harvest, the rains, or the full moon. Others celebrate religious occasions, the birthdays of divine beings, saints, and gurus (revered teachers), or the advent of the New Year. List of Indian festivals is as long as diversity in their origin. Many festivals are common throughout the country while others are specific to geographic regions and religious beliefs.

Indian cuisine is world renowned for its rich assortment of spices and tastes. Influence of geography, religion, race and foreign culture is truly reflected by Indian cuisine. Indian cuisine can be broadly classified into North and South Indian cuisine. Wheat is staple part of North Indian cuisine whereas rice is a must in South Indian meal. The Mughlai food is very common in Delhi, Hyderabad and Lucknow. Wazwan, a 24-course banquet, is popular in Kashmir. Seafood and coconut based food are very prevalent in Goa, Kerala and West Bengal. Rice, sambhar and dosa are specialties of Southern part of India.

India has one the oldest film industries in the world. The first Indian feature film, Raja Harishchandra directed by Dadasaheb Phalke (3700 feet long), was released in 1913. Indian film industry is the biggest film industries in the world producing around 800 movies annually. A reasonably budgeted Indian movie could cost US$ 1 million. Hindi, Tamil, Telegu, Bengali and Malayalam are the languages producing large number of movies reflecting the cultural diversity of the Indian film industry. Most of the Indian movies are based on family, romance, comedy, action, patriotism and religion.

Indianmantra is focused on revealing & sharing life style & community bounding of NRIs living in USA & Canada. The culture & the people with multiple languages all are featured here. Explore indianmantra for a rich global Indian community experience including Indian culture, festivals, cuisine, movies, classifieds and more.

Disclaimer: This article is for general information only and may contain errors or omissions. The information contained here is provided as is, with no warranties and may not be complete or correct.

John Thomas
indianmantra

ABOUT THE AUTHOR

I am into web editing & copy writing. Has done research & analysis of online marketing for couple of years.

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Can Indianapolis afford an NFL franchise?

Since at least 1997 only 14 years after the 63,000-seat Hoosier Dome was built for $82 million Indianapolis Colts owner Jim Irsay was publicly lobbying for a new stadium to host his team.

Since at least 1997 only 14 years after the 63,000-seat Hoosier Dome was built for $82 million Indianapolis Colts owner Jim Irsay was publicly lobbying for a new stadium to host his team.

Although pushed back by the Pacers $175 million taxpayer-supported Conseco Field House deal, he said his turn would come. He has repeatedly said that his NFL franchise cannot survive on the revenues provided from the RCA Dome, and that a new stadium is needed sooner or later.

Its tough making big money on an NFL franchise in a market this size without taxpayers subsidizing much of the costs. Taxpayers coughed up $20 million in 1998 to enlarge the RCA Domes suites and enhance the value of its expensive box seats. This actually cut the domes capacity to 57,900 seats, making it the smallest stadium in the league. In 2003 the team ranked 27th out of 32 NFL teams in terms of revenue and 29th in value.

"We're significantly, significantly below the average (in revenue), and that disparity is growing, Irsay told Indianapolis television viewers. Yet the average determines what our expenses are with the salary cap. That's what makes things so difficult."

However, as the Cincinnati Bengals have proven, a new stadium does not ensure a better profit. Even with a new stadium, the Bengals were 24th in revenue in 2002, with only $4 million more in revenues than the Colts.

The Colts lease at the RCA Dome runs until 2013, but the team can break the deal after the 2006 season if its revenues arent greater than or equal to the median in the NFL in two out of the next three seasons. Indianapolis could require the Colts to stay by paying the difference between the teams revenues and the leagues median.

In 2002 the Colts fell short by about $13 million. Under this arrangement, Indianapolis taxpayers presently pay the Colts about $12 million per year in direct subsidies.

The long-term solution, Irsay proposes, is a new stadium with more expensive suites, club seats and ticket prices. He says the teams future in Indianapolis depends on the ability to market yourself and sell seats, particularly the expensive suites and club seats. Agreed.

The RCA Dome has 104 suites. The leagues top franchise, the Washington Redskins, offers 280. The difference in revenue between the Colts and Redskins luxury suites likely exceeds $15 million annually. Total team revenues were $137 million and $227 million, respectively, in 2002.

Certainly it behooves Irsay to shop his team to the city that gives him the best deal. During the past decade, 21 of the leagues 32 teams have received new or renovated stadiums. An average sweetheart deal is a $323-million stadium, paid 65 percent by taxpayers , that holds 69,200 spectators.

But here are the $66,000 questions for Mr. Irsay: Even with an average $323-million stadium funded two-thirds by taxpayers, can the Colts sell more suites at greater prices to bring team revenues above the NFL median? Likewise, can the central Indiana football market sustain more suites, box seats and higher prices to keep the Colts in town?

Ive been thinking of recommending that the Libertarian Party buy the naming rights to the next Indianapolis Colts stadium, but now Im having second thoughts.

At a recent sold-out home game, I was unable to sell the two extra $45-seats that I had at any price. There was no one besides ticket scalpers to give the tickets. I swallowed the $90 in losses, not to mention two grossly expensive $6 beers during the game. (Hey, I was thirsty and now have my third plastic commemorative Colts cup!)

Before a new stadium becomes economically realistic in Indianapolis, demand for Colts tickets, box seats and luxury suites must exceed their supply. This burden of truth falls on Jim Irsay, and he must meet this before taxpayers make more concessions.

Funding a new stadium with $400-plus million of taxpayer debt (excluding interest) is to gamble on the teams ability to sell itself to more fans and at a higher premium.

This will be a much harder task than giving away my extra tickets.

(Originally published on November 16, 2004)

ABOUT THE AUTHOR

Attorney, screenwriter, Libertarian Party activist in Indianapolis

India: An Expensive Cheap Education Policy

India recorded impressive growth over the last decade and Business Process Outsourcing contributed significantly to this process. However, the same logic that made business move to India may now cause the move out of India. Indian companies at the forefront of this movement complain of high labor cost and low availability of skilled manpower. This has been noticed by several experts. For example, T N Ninan in his column at Rediff wrote that, As for constraints (to economic development in India), it is becoming increasingly obvious that the primary constraint will not be the physical infrastructure, but a shortage of human resources. The sharp escalation in employee costs across sectors tells the story clearly: construction firms can't find engineers because software has sucked them all up, the tourism industry cannot get qualified people, the BPO sector is perennially stretched; accounting firms are astonished at the speed with which salaries are going up in their market, and so on. This would be a happy problem to have, except for the fact that India has vast armies of unemployed.

Surprisingly, since no one has yet diagnosed the problem correctly, the problem can not be addressed effectively. What explains this paradoxical situation of high unemployment and high labor costs? What also explains a dichotomy of Indian educational system where world-class institutions and failed establishments exist side by side?

Since the renowned institutions like IITs and IIMs and, the failed establishments alike are largely public, ownership of the institution doesn't seem to cause this difference. I argue that this difference may be imputable to a policy of cheap (nearly free) tertiary education.

Artificially-determined low prices result in an excess demand for college degrees since it costs nothing in terms of tuition, living expenses or opportunity costs for a vast majority of unemployed people. Simultaneously, it also results in a reduction in supply of quality college education since low potential revenues cause a low private interest in establishing new colleges. The state, in the absence of fiscal constraints, could step up and fill this gap. However, pressure for increasing college seats accompanied by constrained resources result in an emphasis on quantity over quality, under-compensated and disinterested teachers, outdated methodology, inadequate facilities and indifferent students.

Consider this, for example: College students, on an average, attend less than half the classes, and teachers aren't far behind. A World Bank survey found that 25% of teachers skip work everyday, 50% actually teach and virtually no one gets fired for habitual absenteeism. Most skilled teachers run expensive, private classes from their home on the side. Students who want to do well are often required to take these classes. Unsurprisingly, it leads to a vast army of people with college degrees and without any employable skills. A study by NASSCOM last year found only 15% of Indian graduates employable.

In contrast, a handful of institutions that possess adequate resources draw excessive interest. Intense competition for admissions, excellent learning resources, well-qualified faculty, and high-paying jobs creates a virtuous cycle. Since there is a limited supply of skilled manpower, it sets their market price at a level higher than the unemployment levels in a free market economy would permit. A graduate from these top institutions makes over USD 100,000, an astronomical price in an economy with a per capita income of USD 3,000.

Therefore, a market intervention aimed at equity paradoxically ends up promoting greater inequities. Cheap education increases the accessibility of college education, but it turns them into worthless papers too. Since the undergraduate degrees are not valuable, graduate degrees become the norm. While a large proportion of college graduates go on to swell the ranks of discontented un/under-employed, others are called upon to find resources for more valued graduate degrees.

Instead, if the universities were free to charge market price, they would find their environment more munificent and dynamic. Higher profits, competition and mimetic pressures, in turn, would force them to improve their quality. More expensive education also means that only serious students will attend the colleges and those who attend will demand better quality.

The students who may oppose these policy changes would ironically benefit from these most. They benefit from the lower time spent in schools since they would not perforce need to attend graduate programs to get jobs. They will not need to take expensive private classes. Above all, they would benefit from better linkage between educational and vocational markets since the students desire to choose vocations with the highest returns would push the marginal returns to marginal cost ratios across different markets towards parity.

It is needless to add that an effective student loan program will have to accompany higher costs to enable needy students to attend colleges. Since the poor students may have no assets to pledge, the loans might have to be backed by insurance or state guarantees on the strength of collection in the same manner as income tax collection.

The policy-makers and the students need to realize that nothing comes free. It is better to incur direct costs and expect returns than to incur unrecognized costs and suffer from frustration. If the Indian economy is not to lose its competitiveness prematurely, the policy-makers urgently need to free education from the shackles of artificial control and let the invisible hand of market determine the true equilibrium.

A senior Indian administrator and now a U.S. based researcher on public policy in developing countries

Software Outsourcing India is in Demand

There are so many prospects and opportunities in this area. Outsourcing India is offering the best services in the world. India is one of the most demanding spot in Asia and in the world also it is on upper level. Many of the big brand companies are investing the country for IT services. India is very famous globally for its lower cost and high quality services in the field of Information Technology. Country also has cutting edge technologies for development services to meet the present world challenges. Software Outsourcing India has every thing to reach at the top position in overseas services sector. The mission of the nation is to provide the best quality services with the low cost. The country believes in the customer satisfaction and long term relation ship with the clients.

Services to Software Outsourcing India

There are some cities like Bangalore, Hyderabad, Pune, Ahmedabad; they are the most preferable cities as a part of services to Software Outsourcing India globally. Bangalore is the heart of the Outsourcing India. In this city there are head quarters of the most of the overseas IT Companies. The IT services provided by the country globally have many positive aspects. The country has the skilled and talented programmers. Indian IT talents are also demanded globally for their qualitative services as well as for lower price. Software Outsourcing India has become the dominant factor globally for IT Services. BPO (Business Process Outsourcing) and call center services are also demanded most to the country. The reason is the popularity of IT Outsourcing services to the country. All these indicate the success as well as the demand of the India Outsourcing.

The big branded companies like WIPRO, MICROSOFT and IBM are taking the talented and skill developers directly from the university. These companies are paying them high salary and other befits. There are good opportunities for the developers as well as for India in Information Technology Industry. The unemployment rate is also going down. These positive aspects help to increase the country?s economy growth. The country has one of the largest pools of English speaking community. The nation?s telecommunication structure as well as infrastructure growth is also very good. So it attracts the big brand companies.

For more infomation please visit: software-outsourcingfirms

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