Page 76 - EducationWorld September 2020
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Postscript




             Latter-day Scrooge                                In the very same year, his annual remuneration doubled
                                                               to Rs.16 crore. Admittedly there is animus against
                                                               this latter-day Scrooge whose remuneration has been
                  HERE’S A MEMORY LAPSE WITHIN THE             doubling every year. Res ipsa loquitor.
                  country’s smug establishment and middle class
             Tthat the national Covid-19 lockdown has ruined
             thousands of small-scale businesses and resulted in an   Media Mephistopheles
             estimated 18 million job losses in industry, especially in
             the small-scale sector which pays meagre wages to 90   HE TRAGIC ALLEGED JUNE 14 SUICIDE IN
             percent of the country’s 420 million labour force.    Mumbai of Sushant Singh Rajput, a personable
                Against this grim backdrop and latest news indicating   Trising Bollywood film star, has transformed
             that the national economy has contracted by 24 percent   television into a media circus. A lurid latter-day tragedy
             in the first quarter of 2020-21, a Times of India (August   of sex, suicide, murder, conspiracy, drug abuse, financial
             28) report flashed the tragic news that the annual   shenanigans and political intrigue is being played out
             remuneration of N. Chandrasekaran, chairman of Tata   in drawing rooms of rich and poor households across
             Sons Ltd, the holding company of the salt to steel Tata   the country. Leading the charge of the idiot box wolf
             Group of companies (annual revenue: Rs.827,025 crore),   pack is Arnab Goswami, promoter-director of Republic
             plunged to Rs.58 crore in 2019-20 from Rs.66 crore in the   Media Network and chief anchor of the Republic English
             previous year.                                    language television news channel, and indisputably the
                In his path-breaking book Capital in the 21 st Century    most infamous TV news anchor countrywide.
             (2013), French economist Thomas Piketty laments that   On his nightly prime time (9-11 p.m) show, partici-
             since the 1980s, income inequality around the world   pants with Goswami in the lead, outshout, badger, bully
             has become sharply pronounced. Although he advocates   and humiliate invited (reportedly for handsome consider-
             additional taxation of wealthy citizens, this option is   ation) guests, to the obvious delight of the public, which
             unacceptable in India and other third world countries,   has given Republic News the highest TRPs (television
             because profligate, untrustworthy governments are   rating points which translate into advertising revenue) of
             notorious for wasting tax revenue and likely to dissipate   any English news channel. Goswami is reportedly a post-
             it by way of additional establishment expenditure   graduate of Cambridge University (UK). Quite obviously,
             and/or vainglorious projects. For instance, currently   the one-year duration Masters programme of British uni-
             over 20 percent of the tax and other revenue of the   versities is not enough for learning good drawing room
             Central government is swallowed up by establishment   manners for which Brits are famous.
             expenditure (salaries, rent, perks). In sharp contrast, a   Be that as it may, for the past two months Goswami
             mere 1.87 percent of the revenue of Reliance Industries   has obsessively latched on to Rajput’s alleged suicide
             Ltd, India’s largest private sector company, is spent   which he insists was a carefully planned murder and/or
             by way of establishment expenditure. Unsurprisingly,   suicide abetment case, with terrier-like ferocity. In sup-
             there’s huge resistance to higher income, wealth and   port of his contention, he assembled a substantial body
             other taxes. Hence, the sky-high pay packets of dozens of   of evidence and a national signature campaign which
             mediocre CEOs – including Chandrasekaran -- of India   persuaded the Supreme Court to transfer investigation
             Inc.                                              into the case from the bumbling Mumbai police to the
                The plain truth is that Chandra is over-harvesting the   CBI (Central Bureau of Investigation). However instead
             fruit of Tata Consultancy Services, the sole Tata Group   of being content with this major victory, driven by TRP
             company solidly in the black. And it’s pertinent to recall   greed and megalomania, this runaway news anchor has
             that TCS was built byte-by-byte by Fakir Chand Kohli   continued his parallel investigation and pilloried the late
             — widely acknowledged as father of India’s booming IT   actor’s girl-friend, Rhea Chakraborty as the vamp behind
             industry – during his long tenure (1968-2000) as CEO   this alleged skulduggery.
             of this now globally respected software development and   For the past several weeks paying scant attention to
             ITES (IT enabled services) company (annual revenue:   major issues such as the rampaging coronavirus, China’s
             Rs.157,000 crore; headcount: 443,676). Since the mid-  incursions on the north-eastern border, and severe
             1980s, TCS has been contributing over 80 percent of the   contraction of the economy, Goswami has fixated his
             net profit of the Tata Group of 30 major companies.   amphibious stare on this case, now embellished with
                A visionary and champion of quality foundational   speculations of drug running, Bollywood debauchery
             STEM education, Kohli was a staunch supporter of this   and nepotism, political conspiracy and cover-up. But
             then struggling education-focused publication. With   to her credit, Chakraborty, a struggling actress, has hit
             his support in 2007, we introduced the annual TCS-  back in interviews with rival news channels tearfully
             EducationWorld Teachers awards under which the    alleging a vicious media trial, persecution and character
             country’s best dozen government and private schools   assassination by Goswami and Republic TV.
             primary and secondary teachers selected by an eminent   Slowly but inexorably, the tide of public opinion is
             jury after testing and interview, were awarded modest   turning against this latter-day media Mephistopheles
             cash prizes, given media coverage and felicitated at a   who blinded by greed and ambition, has clearly over-
             grand annual function.                            reached himself. And far from winning public plaudits as
                But as soon as Chadrasekaran was appointed CEO in   a champion of the “forgotten middle class”, he is arousing
             2009, he terminated this TCS- sponsored project (annual   the hatred, ridicule and contempt of right-thinking
             expenditure Rs.5-6 lakh) on grounds of “unaffordability”.   members of society.

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