[Assam] Banking on Banking Software

Chan Mahanta cmahanta at charter.net
Sun Aug 26 09:00:21 PDT 2007


>that those who are comin to US have no affinity 
>to the country as such--- that seems to define 
>you as well.


*** Affinity to WHAT country?





At 8:42 AM -0700 8/26/07, umesh sharma wrote:
>C-da,
>
>some time back I posted snopsis of the US study 
>showing that those who are comin to US have no 
>affinity to the country as such (it was about 
>international students  but can be applicable to 
>all workers in US) or to any country - that 
>seems to define you as well.
>
>You wrote:
>
>***I probably was no different, but mercifully I 
>have no national identity baggage unlike you 
>guys that prevented me from learning; by 
>observing, reading, asking a lot of dumb 
>questions--whatever it took.
>
>
>Umesh
>
>
>
>Chan Mahanta <cmahanta at charter.net> wrote:
>
>Re: [Assam] Banking on Banking Software
>
>Hi Umesh:
>
>Have you come across the term IRONY ?
>
>Can't you see the irony in Krishnendu's offering 
>of Flex-Cube as India's sole contribution to 
>creativity ? Obviously he could not  find 
>anything else. Even *I* could have listed more. 
>How simple-minded can one get?
>
>How many Indians have bank accounts? And how has 
>Flex-Cube helped Indians better their lives? It 
>might generate more profit for American banks. 
>So do a great many other things that desis do 
>for them.
>But is that  even a relevant accomplishment  to 
>wave as an example of Indian creativity, 
>ingenuity?
>
>I'll go a step further: OK, fine--Flex-cube is a 
>genuine piece of Indian ingenuity and that is an 
>unchallengeable record of desi-achievements . 
>Good for India.  But WHAT DOES THAT prove? That 
>Indian education fosters creativity, ingenuity? 
>Does it?
>
>But people like you, Krishnendu and others like 
>you can reasonably be expected to be more 
>analytical, more discerning than you guys 
>present yourselves as.  But I know pretty darn 
>well why.  And I don't blame it on you guys. But 
>I do hold you responsible for holding your own 
>potentials back with the dogma of what you carry 
>around as national pride built on a swampy 
>record. I probably was no different, but 
>mercifully I have no national identity baggage 
>unlike you guys that prevented me from learning; 
>by observing, reading, asking a lot of dumb 
>questions--whatever it took.
>
>c-da
>
>
>
>
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>
>
>At 10:25 PM -0700 8/25/07, umesh sharma wrote:
>
>>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>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.<http://en.wikipedia.org/wiki/Homelessness_in_the_United_States#_note-9>[10]
>Familial 
>composition<http://en.wikipedia.org/wiki/Homelessness_in_the_United_States#_note-10>[11]
>
>40% are families with children—the 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.<http://en.wikipedia.org/wiki/Homelessness_in_the_United_States#_note-11>[12]
>
>Ethnicity<http://en.wikipedia.org/wiki/Homelessness_in_the_United_States#_note-12>[13]
>
>49% are 
><http://en.wikipedia.org/wiki/African_American>African 
>American (compared to 11% of general population).
>35% are 
><http://en.wikipedia.org/wiki/Caucasian_race>Caucasian 
>(under-represented compared to 75% of general 
>population).
>13% are 
><http://en.wikipedia.org/wiki/Hispanic>Hispanic 
>(compared to 10% of general population).
>2% are 
><http://en.wikipedia.org/wiki/Native_Americans_in_the_United_States>Native 
>American (compared to 1% of general population).
>1% are 
><http://en.wikipedia.org/wiki/Asian-American>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/
>
>
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>
>
>
>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. 
><http://us.rd.yahoo.com/mail/uk/taglines/yahoo_com/trueswitch/*http://uk.docs.yahoo.com/trueswitch2.html>Do 
>it now...
>
>
>
>
>
>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/
>
>
>
>For ideas on reducing your carbon footprint 
>visit 
><http://uk.promotions.yahoo.com/forgood/environment.html>Yahoo! 
>For Good this month.
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