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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (864)	2/24/2000 9:16:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 1471

OT Kellogg professor advising Chandrababu Naidu By Ashok Easwaran, India Abroad News Service Chicago, Feb. 24 -- Andhra Pradesh Chief Minister N. Chandrababu Naidu has appointed Bala Balachandran, distinguished professor of accounting and information systems at the Kellogg Graduate School of Management in the United States, as an adviser to his government. Balachandran said he had been given the task of educating the state government on how "to be more citizen-oriented by providing value, service and quality to the citizens." Balachandran has already given his first lecture on "strategic services and value management -- the knowledge game" to a group of 210 which included Naidu, his cabinet and senior government officials. As part of the orientation, several distinguished Indian American professors will share their expertise with Naidu and his aides. They include C.K. Prahalad (Michigan), Krishna Palepu (Harvard), Srinu Srinivasan (Stanford), Dipak Jain, Mohan Shawney and Sunil Chopra (Kellogg), Jitendra Singh and Jagmohan Rao (Wharton), Raghu Rajan (Chicago) and Raj Reddy (Carnegie). One of his goals is "to promote accountability in the government and generate value in services. We also need to communicate this message to all levels in the government -- that is the key part," Balachandran told India Abroad News Service. Balachandran is also preparing a white paper for the Planning Commission on how to make India a world leader in information technology (IT) and e-commerce. He said he was skeptical of the role of the IT Ministry, adding "if you have a ministry, you need all kind of secretaries who, being bureaucrats, are constrained to control competition rather than open up the market." Balachandran also said a change in perception was needed about non-performing assets in government-owned banks. "There is pressure to give risky loans. If these banks had professional management, we could motivate them to take reasonable economic risks, but not political risks," he said. If the loans were being given as part of the bank's social commitment, "it should not then be labeled non-performing assets because it generates a social, if not economic, value," he added. -India Abroad News Service