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CONTENTS
Address,
The edition also includes the last of the CSR activity out of -- An Interview with Dr. Anand Karve
the 12 part series. Henceforth there will be another
periodical series.
• PUMBA News 8
In the BT news section an article on Agro-terrorism has
been included.
A section upon the recent happenings in PUMBA has been -- Risk Management Lecture
also included.
“If you leave the smallest corner of your head vacant for a -- Healthcare Advertising
moment, other people's opinions will rush in from all
quarters.” - George Bernard Shaw
• The Journey 9
Sincerely Yours,
Chief Editor: Queeny Bubna, MBA-BT (Sem IV)
(The PUMBA Gazette Team)
Since 1990, globally the market for organic products has grown at
a rapid pace to reach $46 billion in 2007. This demand has driven
a similar increase in organically managed farmland. Approximately
32.2 million hectares worldwide are now farmed organically,
representing approximately 0.8 percent of total world farmland. In
addition, as of 2007, organic wild products are harvested on
approximately 30 million hectares. In response to the high global
market for organic foods, the Indian Central Government set up a
National Institute of Organic Farming in October 2003 in
Ghaziabad, Madhya Pradesh. The purpose of this institute is to
formulate rules, regulations and certification of organic farm
products in conformity with international standards. The major
organic products sold in the global markets include dried fruits and
nuts, cocoa, spices, herbs, oil crops, and derived products. Non-
food items include cotton, cut flowers, livestock and potted plants.
The advantage this technique projects as compared to Compiled by: Surendrakumar Patil (MBA-BT, Sem II)
others is that it requires less space, as well as it is cost
effective. It can be cheaply installed and used to fight
Global warming. It is predicted to be one of the
breakthrough solutions required to help the world reduce
dangerous amounts of CO2 in the air. The device can be
installed in the open environment, where the concentration
of CO2 is more, and will help in fulfilling the dream of
pollution-free cities.
Back to Society: CSR initiative by
PUMBA
A business entity and the society coexist. The business entity is PUMBA has also been a regular contestant in the AIDS Charity
present in order to serve the society and even the society needs a Run conducted every year during Pune International Marathon in
business unit. Whatever a business does is for the society and in order to raise awareness of AIDS. The AIDS Charity Run (ACR)
doing that it retains its own share in the form of the profit that the was introduced for the first time, as a part of the 19th Pune
business makes. CSR of an organization, however, is what the International Marathon and was a great success. The purpose of
company does for the people and is a philanthropic move as the ACR is to involve citizens in participating for the cause of
perceived by the masses in general. spreading HIV / AIDS awareness. Many prominent citizens and
celebrities from all walks of life participate in the ACR. Many
Corporate Social Responsibility (CSR) is adopted by most companies like TCS, Cognizant Technology Solutions, Emcure
organisations, irrespective of its size. It is an effort on the part of and educational institutes like IBMR, IIEBM etc. participated in the
the business community to accept the responsibility of the impact event. PUMBA has won the award for “The Largest Participating
of their business on the society, encompassing factors like Group from an Educational Institute” for two years in a row.
environment, communities and employees. However, the CSR Through this endeavour the department tries to raise awareness
activity does not only fulfil social responsibilities, but also helps the about AIDS with the help of handmade posters and placards with
company build good social relations and have an impact on the innovative slogans suitable to the occasion & its cause.
consumers, thus in a way it serves the purpose of gaining
recognition for the company as well.
Organisations proactively undertake various causes that will enrich
the society. Various CSR activities range from setting up schools,
healthcare camps, creating AIDS awareness, promoting R & D,
and organising training programs to elections etc.
In the past editions of The PUMBA Gazette, the CSR activities of
companies like TATA, Torrent Group, Ranbaxy Laboratories Ltd.,
Dr. Reddy’s Laboratories, Panacea Biotec, etc. were covered.
Each of these activities have touched the lives of the people and
aim at building a better tomorrow for them. The efforts of these
organisations are appreciated and hope that other organizations
will emulate them. In this last edition of the year, we would like to This year, the students visited the Gyanankur Foundation, a
focus on the Corporate Social Responsibility of PUMBA. school of about 500 underprivileged children, at Kharadi.
PUMBAites raised funds which were used to purchase books,
PUMBA, as an institution, is involved in a host of activities that not
stationery and chocolates for them. Along with distributing the
only reach out to the society but also instil a feeling of
goodies, students interacted with the children and played various
responsibility in students towards others. One such activity
games to amuse them. Poona School & Home for Blind Boys was
involves active participation of the faculty and the students in the
also visited.
academics of Queen Mary’s Technical Institute (Kirkee). The
Institute trains Disabled Ex – Servicemen, those rendered unfit for
service in the Armed Forces due to medical reasons and those in
service who are under prolonged Medical Treatment for severe
disability. The Dean, Dr. (Capt.) C. M. Chitale, the faculty
members and the students conduct lectures for the soldiers who
enrol for the Diploma in Industrial Administration and Services
Management. This is a course uniquely designed by Dr. (Capt.) C.
M. Chitale and aims at training the soldiers for their smooth
integration into the prevailing corporate or industrial environment.
A lot of Y2K problems that were expected have been Lankan repatriates. Surveys carried out in 1992 have
neutralized in the first decade by 2010. The IT and BT revealed incidence of the pest in coffee-growing areas of
boom continues with the internet making the world a global Wyanad District of Kerala and Kodagu (Coorg) District of
village. However, there has been a not-so-pleasant but Karnataka.
widely existing threat that has been increasing, making its In India, there are no established emergency measures to
presence felt- ‘Terrorism’. During this decade, we have detect and combat Agro-terrorism. This branch of terrorism
seen terrorism metamorphosing into an apocalyptical has been generally ignored since there haven’t been any
phenomenon. The decade had a very horrifying start with such insidious attacks in the recent past. However,
the 9/11 attacks. Since then terrorism in various parts of the response machinery needs to be put in place, especially in
world has been constantly manifesting itself constantly. India a country where agriculture and allied sectors
contribute 22% of the total GDP. Almost 124.10 hectares of
With the advancement in technology the previously simple
land in India is under cultivation and almost 65% of the
weapons warfare has taken malicious forms like mechanical
population depends on agriculture as their only means of
warfare, strategic warfare as well as biological warfare. The
livelihood. In case of an Agro-terrorist attack on India, the
view that society has somewhat become desensitized to the
effects on the developing economy will be drastic and far
acts of violence perpetrated with guns and bombs has
reaching.
prodded the terrorists to resort to more gruesome Biological
warfare. An example of this was the delivery of anthrax According to an EXIM Bank report, National Commission on
spores to strategic US Government officials via post. Farmers (NCF) has given the following recommendations to
combat agro terrorism:
1. Creation of a National Agricultural Bio security System
AGRO-TERRORISM (NABS) characterized by highly professional, public, and
A threat that looms over India, we being a primarily agrarian political credibility.
economy is of Agro-terrorism, a part of Bio-terrorism. “Agro 2. NABS to have following three mutually reinforcing
terrorism is the malicious use of plant or animal pathogens components-
to cause devastating diseases in the agricultural sector.” § National Agricultural Bio security Council (NABC)
The motivating factors being a huge economic impact and
§ National Centre for Agricultural Bio security (NCAB)
helplessness of people in such situations. Agro Terrorism
has relatively less severe consequences (i.e. not § National Agricultural Bio security Network (NABN)
necessarily loss of human life). Hence it mainly serves to 3. Creation of a National Agricultural Bio security Fund of
cause chaos and as a “warning” to the people. It is also an about Rs.1,000 crores with an initial contribution by the
easier mode of attack as the technical and operational Government of India.
challenges are reduced since the biological agents rapidly
reproduce and are easily disseminated. The ease of PREVENTION OF AGRO-TERRORISM:
concealment and potential for mass casualties increases its
attractiveness for terrorist groups. • Conducting regular tests on random samples for
known pathogenic agents.
‘Agro-terrorism’ uses several techniques for striking the
• Identifying crop growing areas most susceptible to
agricultural sector which includes – contamination of crops infection.
or livestock; contamination of animal feed using organic
pesticides or herbicides; the use of adulterated seeds; and • Government networking with farmers for rapid
detection and prevention of crop and cattle
contamination of municipal water supplies.
diseases.
Dispersed cases of ‘Agro-terrorism’ have been reported
now and then around the world. Chemical attacks against • Allocation of appropriate resources for fostering
agricultural targets include a 1997 attack by Israeli settlers; R&D to combat agro terrorism.
who sprayed pesticides on grapevines in two Palestinian i.
villages, destroying up to 17,000 metric tons of grapes. In
ii. Agro-terrorism is a colossal threat which will keep on getting
1978, the Arab Revolutionary Council poisoned Israeli
sophisticated with the advancement in technology. The
oranges with mercury, injuring at least 12 people and
source of origin is hard to pinpoint and its consequences
reducing orange exports by 40%.
are long term. Hence, Public awareness is one of the best
counter-active methods.
AGRO-TERRORISM IN INDIA
iii.
An instance of Agro-terrorism on Indian soil was that of
iv. Compiled by: Irfan Tamboli & Shalet M Koshy (MBA-BT,
Coffee berry borer (Hypothenemus hampei) which was first
Sem II)
reported in the Gudalur area of Nilgiris District in Tamil
Nadu, in 1990. The pest was believed to have been
introduced through infested coffee beans brought by Sri
“Global warming is a non–issue”
I have already mentioned about the large amount of agricultural
waste generated in our country. This waste, if utilized by the
Dr. Anand Karve is a Ph.D in Botany from University of Turebingen, industries for generating energy & using it for their operations, will
Germany. Sir has continuously headed drastically reduce the energy consumption by the industries. For
example, Mr. B.B. Thombre of Latur owned a sugar factory. The
organizations and Research projects. He has
waste generated from this factory was used for electricity
also been on the Board of companies like generation which was used to satisfy the energy requirements of a
Indrayani Biotech Ltd., Technical Assistance steel furnace that he owned. Also, the excess electricity produced
was sold to other factories close by. In the year 1972-73 sugar
and Industrial Co operative Ltd., Phaltan,
production came to a standstill due to drought. In order to keep the
Samuchit Envirotech P, Shri furnace functioning Mr. Thombre bought agricultural waste from
Dhootpapaeshwar Ayurvedic Research, farmers at the price of sugarcane and continued generating
energy. Thus, if he can do it, the Government can certainly do it.
Syngenta Foundation India. He also has to
Also, installing sophisticated effluent treatment units at production
his credit many prestigious awards like plants can help check pollution at individual level. The industrial
J.L.Bajaj award for Application of Science, Ashden award for Sustainable waste can be converted into charcoal which can be further used in
other industrial processes. This is a onetime investment but
Energy, London.
beneficial in the long run.
The PUMBA Gazette team got the opportunity to interact with Sir and Q4. After winning the prestigious Whitley Golden Award or the
obtain his views about the recent global warming issues in discussion. ‘Green Oscar’, what kind of response have you received from
Government or any private institution?
Nothing at all. We import technology for generating solar & wind
energy and the exporters end up making money out of it. I am
Q1. With respect to the current environmental changes, do you offering technology to generate energy from renewable sources
think the world is moving in the right direction to cope with the free of cost, but there are no takers.
emerging energy issues?
Q5. How is the idea of ‘clean fuel’ further being implemented?
Yes & No. In a country like India, although the energy
requirements are high, biomass is an untapped form of energy. In There are two industries namely, Vanaz & Indian Petrochemical
western countries there are two aspects. First, they have a large Corp. Ltd. (IPCL) at Nagothane who have applied this technology.
number of industries & hence high energy demand to run them. They produce charcoal from waste such as dry leaves & utilize it
Secondly, the climate is very cold. Thus a lot of energy is for their processes. It has not been well-accepted as yet, due to
consumed in keeping their houses warm. Therefore, most of these the labor-intensive nature of the processes.
countries cannot use biomass as a source of energy, but India Q6. What kind of problems/hurdles did you face while your ideas
can. took shape?
Germany today has concrete goals to replace 20% of the fossil
Earlier, my ideas were not accepted. People did not pay heed to
fuels using wind & biomass energy because of the windy climate the significance of my work. But, eventually all have realized the
on the North Sea coast. Owing to the large number of cattle in the importance & need for renewable energy and now everyone wants
past, the farmers produced a considerable amount of fodder. But to switch to clean & eco-friendly fuels.
today, despite the reduction in the number of cattle, the same
amount of fodder is produced. The Government buys this fodder & Q7. Is carbon trading a feasible option to resolve the
converts it into biogas to meet the energy requirements. The environmental issues? If not, what according to you are the other
technology being costly, this option is feasible only in rich viable options? How will it benefit rural India? What will be the role
countries. In India, the biogas program failed because a biogas of Government & corporate entities?
plant is not affordable for a farmer. Also, preparing 80 litres of
slurry everyday & disposing the spent slurry increases the work From the point of view of India, it is futile. The advanced countries
load for a housewife. Moreover, 1kg of dung gives 2600 kCal of want us to avoid use of fossil fuels because they want to use it, for
energy. Whereas the same amount of biogas gives only 600 kCal which they are willing to pay us a price. In turn we will have to
of energy. Thus, instead of going for fancy things like biogas, resort to alternative technology which will be bought from them,
burning biomass directly is a more practical option, even though thus making them even richer. Moreover, the products
biogas is a more refined fuel. manufactured using the imported technology will be far more
expensive than those produced by the advanced countries.
Q2. What can be the role of the Government in encouraging this Eventually, the demand for these products will be minimal thus
acceleration process? increasing the demand & sales of their products.
Ours is the only country with Renewable Energy Ministry. It is now Q8. What is your opinion on the Copenhagen Summit which did
time for the Government to make India self-sufficient in terms of not yield desired results?
energy.
I haven’t followed it completely. But according to me, global
In India, every year 800 million tons of agricultural waste & 200 warming is a non-issue. 10,000 years ago, the Earth registered an
million tons of urban waste are produced. Thus, instead of Ice Age which changed the geography of the world. It is a cyclic
importing 110 million tons of petrol, these 1000 tons of waste can event and the humans are helpless about it. We are at the
be converted into energy to reduce the imports. The only hurdle is beginning of the next Ice Age and there is nothing much to worry
the modification of technology so that vehicles can be run on about it. In fact, things will ‘cool’ down. I am sure the other
electricity produced by biogas / biomass. For example, the car countries are also aware of this phenomenon. There was even a
Reva runs on electricity. Although this task is difficult, it can be BBC report which said that London, New York & Moscow will
done gradually. India has the technology but an inability to become inhabitable by 2050 due to ice cover.
implement it at the right places.
Q3. What can the Indian industries do to channelize the
commercial usage of renewable resources to meet the exponential
energy demands? How long do you think will it take to accelerate Compiled by: The PUMBA Gazette Interview Team
this commercialization process? What can be the role of
corporations in conservation of the environment?
PUMBA News
The best way to make an individual perform better is to Dear PUMBA Gazette Team,
encourage him so as to make him strive for excellence. I appreciate what you are doing here. It is a kind of initiative that
will not only help you portray a positive image of our students to
What began as a step in January 2009 has now been organizations, but more importantly it will enhance your own skill
incorporated as an integral part of PUMBA. However, this sets.
could not have been possible without the valuable insights As far as the articles are concerned they are well written and
we received from our readers. Compiled below is a list of researched.
the feedbacks received from various alumni and other 1. Try doing secondary research on various Pharma and Biotech
people. It is with great pleasure that we extend thanks companies and add this segment to your magazine something like
because it is actually you who have helped us maintain the a company profile wherein you may enlist their specialty focus, top
continuity of this initiative and made this endeavour a brands, ranking, etc.
2. You may also do some field study of their top brands and try
success.
getting overall strategies etc
3. When you conduct a primary research on any topic, e.g. on
IUCDs, try getting the top players and their brands mentioned and
It's really great to read The PUMBA Gazette.
if possible their sales.
Such initiatives are helping PUMBA to Excel. 4. When looking at any segment, try to get into the business
My best wishes to all initiative takers.
aspects more than the market scenario, this will help you to
Faith
understand the dynamics of the markets much better. Keep up the
Amol
good work.
Regional HR All the best!
BASIX INDIA LTD. Chetan Deshmukh
23/1/09
Product Executive
German Remedies Division,
Cadila Healthcare Ltd.
15/4/09
Dear Capt. Chitale,
The initiative to roll on this magazine is a good one and a very
thoughtful one particularly when it relates to Biotechnology and
allied fields. Being in this sector now for more than 6 years I can Dear team,
opine about this initiative that it will help bring the Alumni interact
This is a nice initiative. Enjoyed reading. Do keep me posted.
more often and in turn help our college.
Warm regards,
Regards, Mithilesh Jatar
Sameer Kolhe Head HR
Sr. Manager – International Business
Tanco Automation
Indoco Remedies Ltd.
11/7/09
23/1/09
Great initiative.
Dear Editor,
Hope the initial enthusiasm doesn't fizz out.
Here are some suggestions from my side. Anyways, I would love to contribute to this initiative.
1. Pages should be numbered
Mitranee Misra
2. A bright choice of colors for graphs is always eye pleasing and
P1 Manager
attracts attention.
Euro RSCG
3. You could even change the color of the ‘Compiled by’. 3/8/09
My praise to the one who made the basic design framework of the
gazette. He has done a wonderful job with minimum corporate
colors.
Hi,
I really want to congratulate all those who have been meticulously
involved in maintaining the continuity of this wonderful idea of a
Here is a feedback-
PUMBA based Magazine-cum-Newsletter.
The sample age of the survey could have been reduced to 50 to The look, feel and the content is good and more so we (Audience)
give a more accurate picture. Finally keep doing out of the way can make out that you have put in your best efforts given other
projects like the IUCD ones because everything out here after you
responsibilities and distractions.
pass is EXTRACURRICULAR (believe me!!!).
Cheers and All the Best!
Regards, Ivan D’Souza
Hrishikesh Gaitonde Financial Analyst
Executive – Institutional Equities
Oracle India Pvt. Ltd.
Indira Securities (P) Ltd.
24/12/09
27/3/09