[Assam] Banking on Banking Software

Sat Aug 25 22:25:06 PDT 2007

C-da,

  Every nation has ists share of poor people . If one group is trying to excel make some great software that is no way linked to poor people in the city. Do you know that even outside Harvard campus there are plenty of homeless people and very poor African Americans styaing in the area between Harvard and MIT - does that detract anything from the contributions by Harvard or MIT to the world at large and US in particular.

  *** http://en.wikipedia.org/wiki/Homelessness_in_the_United_States

Total Number     
   As many as 3.5 million people experience homelessness in a given year (1% of the entire U.S. population or 10% of its poor), and about 842,000 people in any given week.[10] 

Familial composition[11]     
   40% are families with childrenthe fastest growing segment.   
   41% are single males.   
   14% are single females.   
   5% are minors unaccompanied by adults. 
  1.37 million (or 39%) of the total homeless population are children under the age of 18.[12]

Ethnicity[13]     
   49% are African American (compared to 11% of general population).   
   35% are Caucasian (under-represented compared to 75% of general population).   
   13% are Hispanic (compared to 10% of general population).   
   2% are Native American (compared to 1% of general population).   
   1% are Asian-American (under-represented compared to 4% of general population). 
  Umesh 

Chan Mahanta <cmahanta at charter.net> wrote:
  >Flexcube which is a Banking Software and considered No 1 Banking 
>Software in the World ...

*** I am most impressed. It was my abject ignorance that caused me to 
overlook such an ingenious, earth-shattering desi-contribution to 
human civilization.

Now if only 30% desis had a bank account to play with, we just might 
laugh all the way to the bank.

Desi-creativity and desi-ingenuity, thy name is Krishnendu!

At 3:57 PM -0700 8/25/07, Krishnendu Chakraborty wrote:
> > *** Yes, they do depend on them , to a degree. You
>> don't get to go
>> to to topmost schools on the basis of SAT or GRE
>> scores alone. There
>
>
>What you are admiting is these tests are the "primary"
>criteria. You may consider other aspects but will your
>top school consider a student who scores extreme low
>in SAT/GRE etc? 
>Since Indian students trained through Indian Education
>scores good in these exams, by your argument I assume
>these tests are designed to test the rote memory. 
>
>> And if I was NOT wrong, can I still be right with
>> relying on easily
>> verifiable info available there?
>
>
>As a matter of fact, you swing per your convenience.
>For example, when Indian Press writes against your
>views, you decry Indian Press but again when you find
>a article criticizing India you are the first one to
>highlight it.
>If you think some info is easily verifiable, why pick
>it from Wiki, why not from authoratative sources?
>
>> *** First off, it is NOT my education system. But it
>> is a far far
>> better one than the Indian one in many aspects.
>> Education has many
>> aspects, as ought to be clear to the educated. There
>> are some aspects
>> in which SOME Indian institutions do quite well.
>> Math for example.
>> But math excellence is not the be-all and end all of
>> education. Nor
>> is Physics or Chemistry or Stats or what have you.
>>
>> Indian institutions do produce reliable workers.
>> But show us a few
>> that helped change India's conditions with their
>> creativity or their
>> ingenuity.
>
>
>Let me put the question again --
>"HOW Indians from Indian Educational System come up
>with flying colurs in US Schools?"
>As per changing India's condition, people whose eyes
>are not covered with blind hatred against India should
>be able to easily see how India is moving ahead
>...... and I do not see a foregin hand behind this.
>
>>
>> *** How about an encore to enlighten an English
>> language challenged
>> fellow kharkhowa? I must have missed it, if not
>> failed to comprehend
>> its complexities.
>>
>
>Probably it will not make any impact on an American
>but I cited two examples --- Flexcube which is a
>Banking Software and considered No 1 Banking Software
>in the World ... and automation of Indian stock
>exchange .... but again, why would an American care if
>Indian export increases, the Indian market shines and
>key International players make a beeline to invest in
>India.
>Just check the top Mutual Funds of US and most of
>those invests heavily in India because , unlike you,
>they believe in Indian Growth story.
>
>--- Chan Mahanta wrote:
>
>> > >**** I thought SAT, GRE, GMAT, USMLE all are US
>> tests
>> ... so your education system also depends on tests.
>>
>>
>> *** Yes, they do depend on them , to a degree. You
>> don't get to go
>> to to topmost schools on the basis of SAT or GRE
>> scores alone. There
>> again are nuances. Most big name schools would
>> consider a LDC
>> student, even if she can't quite measure up to the
>> standards their US
>> counterparts to get in. That is how many Indian
>> students get in to
>> Harvard, MIT, etc. , even though they might not
>> quite measure up to
>> the other intangibles that they weigh as predictors
>> of a likelihood
>> for success. So, unlike Indian dedication to '
>> testocracy' ( you
>> heard it here first ) as the most sophisticated tool
>> as a predictor
>> of success, the US system has other tools they use.
>>
>> However I won't hold that against you. One has to
> > learn somewhere. I did too.
>>
>> **** But creativity is NOT an essential item in
>> these calculations.
>> Because society does require skilled grunts as well.
>> Reliable number
>> crunchers, accurate paper-pushers, shrewd
>> manipulators -- all have a
> > place in society; any society. But those societies
>> who have shined,
>> moved ahead in the world also had those creative
>> thinkers and doers
>> in their midst who could think outside the box as
>> the cliche' goes
>> and break new ground, without which you get what
>> India is. While the
>> jury is still out as to how creativity can be
>> inculcated, there are
>> widely accepted means out there, producing results.
>> And math. tables
>> are not it.
>>
>>
>> > Inspite of your citing numerous wiki sites (BTW
>>
>>
>> *** Was I wrong in decrying Wiki being accepted as
>> the authority?
>> What is your opinion?
>> And if I was NOT wrong, can I still be right with
>> relying on easily
>> verifiable info available there?
>> Those appear contradictory only to the simple
>> minded. I would have
>> hoped you are a cut above.
>>
>>
>>
>> >you could not explain HOW Indians come up in flying
>> colours under
>> >YOUR education system or WHY >youreducation system
>> DOES NOT test
>> >for creativity
>>
>>
>> *** First off, it is NOT my education system. But it
>> is a far far
>> better one than the Indian one in many aspects.
>> Education has many
>> aspects, as ought to be clear to the educated. There
>> are some aspects
>> in which SOME Indian institutions do quite well.
>> Math for example.
>> But math excellence is not the be-all and end all of
>> education. Nor
>> is Physics or Chemistry or Stats or what have you.
>>
>> Indian institutions do produce reliable workers.
>> But show us a few
>> that helped change India's conditions with their
>> creativity or their
>> ingenuity.
>>
>> >BTW, I have earlier cited Indian innovations which
>> you probably
>> >could not comprehend ....
>>
>> *** How about an encore to enlighten an English
>> language challenged
>> fellow kharkhowa? I must have missed it, if not
>> failed to comprehend
>> its complexities.
>>
>>
>>
>>
>>
>>
>>
>> At 10:09 AM -0700 8/25/07, Krishnendu Chakraborty
>> wrote:
>> > > *** That would be the response of someone who
>> cannot
>> > > IMAGINE anything
>> >> beyond 'teaching and testing'.
>> >
>> >**** I thought SAT, GRE, GMAT, USMLE all are US
>> tests
>> >... so your education system also depends on tests.
>> >And what they test for ? To check how good a
>> person
>> >can rote? And a person who shines in these tests
>> (has
>> >exceptional rote memory) goes to the best Schools.
>> >
>> >>>>Desi-teaching is entirely devoid of introducing
>> the
>> >creative process: Of analyzing, hypothesizing,
>> finding
>> >solutions different from the expected or the given.
>> >
>> >***** Inspite of your citing numerous wiki sites
>> (BTW
>> >was it you who decried wiki a couple of days back
>> ?)
>> >you could not explain HOW Indians come up in flying
>> >colours under YOUR education system or WHY your
>> >education system DOES NOT test for creativity.
>> >
>> >As usual, you are twisting, drifting away from
>> >original question.
>> >
>> >BTW, I have earlier cited Indian innovations which
>> >you probably could not comprehend .... damned
>> English
>> >:)
>> >
>> >>They can do great
>> >> math,
>> >
>> >Was it you who said that Indian Math foundation is
>> >weak ??
>> >
>> >--- Chan Mahanta wrote:
>> >
>> >>
>> >>
>> >>
>> >> At 9:34 AM -0700 8/25/07, Krishnendu Chakraborty
>> >> wrote:
>> >> >hmmm... I am missing something ....
>> >> >
>> >> >so in your ideal education system you teach
>> >> something
>> >> >and test for something else ?
>> >>
>> >>
>> >>
>> >>
>> >> *** That would be the response of someone who
>> cannot
>> >> IMAGINE anything
>> >> beyond 'teaching and testing'.
>> >>
>> >> Goes to prove my point again and again.
>> >>
>> >> Desi-teaching is entirely devoid of introducing
>> the
>> >> creative process:
>> >> Of analyzing, hypothesizing, finding solutions
>> >> different from the
>> >> expected or the given.
>> >>
>> >> It has become a cultural marker. They can do
>> great
>> >> math, play
>> >> walking encyclopedias , be great spelling bees,
> > do
>> >> complex
>> >> engineering computations. But look at India's
>> >> innovations ,
>> >> creativity. There is nothing to show for , even
>> with
>> >> all that
> > >> brain-power crunching numbers or writing complex
>> >> codes.
>> >>
>> >> Why?
>> >>
>> >> Your arguments are perfect illustrations.
>> >>
>> >>
>> >> Now try this too:
>> >>
>>
>>http://en.wikipedia.org/wiki/Creativity#History_of_the_term_and_the_concept
>>
>=== message truncated ===
>
>
>
> 
>____________________________________________________________________________________Ready 
>for the edge of your seat?
>Check out tonight's top picks on Yahoo! TV.
>http://tv.yahoo.com/

_______________________________________________
assam mailing list
assam at assamnet.org
http://assamnet.org/mailman/listinfo/assam_assamnet.org

Umesh Sharma

Washington D.C. 

1-202-215-4328 [Cell]

Ed.M. - International Education Policy
Harvard Graduate School of Education,
Harvard University,
Class of 2005

http://www.uknow.gse.harvard.edu/index.html (Edu info)

http://hbswk.hbs.edu/ (Management Info)

www.gse.harvard.edu/iep  (where the above 2 are used )

http://jaipurschool.bihu.in/

---------------------------------
 Copy addresses and emails from any email account to Yahoo! Mail - quick, easy and free. Do it now...
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.assamnet.org/pipermail/assam-assamnet.org/attachments/20070825/69c1c79e/attachment.htm>