Wednesday, April 21, 2010

The Yellow street in Chennai

Last week I came from office late night which would be around 9 in the evening.I feel very tired and so i decided to walk directly to my room from the bus stop without having a halt in the mess where I usually take food at night.
My brain got almost exhausted and was nearing empty without thinking, because of no major economic reforms in the country after Chidambaram quit the Finance Ministry.Even Mr.Subbarao give me some food for thought by wetting his hands in CRR and repo rates and our Finance Minister Mr.Pranab made the Budget for 2010 with all the loop holes, they won't satisfy or evoke my thoughts as was done by Mr.Chidambaram's comman man budget.Now my thinking was all disturbed by the conductor of the bus announcing that the bus won't go to the stop where I have to go instead would stop before Chepauk stadium because some match was going on.
So without knowing whom to blame for my walk I walked through the BELLS raod where the entrance of Chepauk Cricket stadium is situated. To my surprise the whole street was coloured Yellow (believe me I was not affected by Jaundice) contributed
by the advertisers on the wall to the audience gathered there who were all wearing Yellow dresses.People were rushing to the entrance gates with tickets and those not having the tickets for finding some tickets in black market.Already I got some info from friends that the tickets of Rs.100 were sold for Rs.500 and the rate doubles based on the tickets base price.Now my brain got something to think. Thanks to Lalit modi this time and our Agriculture Minister Sharad Pawar (believe me he is agri minister only).

What's so special on that day was a match of Chennai Super Kings.I started thinking of what would be the role of Government in these kinds of games. whether it is useful to the society apart from entertainment.These IPL T20 games are different from regular one day games. I'm not saying in the sense that players are much interested in T20 cricket than the one dayers and their performance rose to amazing level in the T20 than in the One dayers.That is not the cup of tea i want to sip.My thinking was all along the transmission or transition of cricket from a Game to a Gambling which are announced public and played as well.

The specialty of CSK is not only the leadership by Dhoni but also the brand value it earned about $ 48.4 million, or Rs 224 crore followed by KKR as $ 46 million, or Rs 213 crore.These figures are out of the total brand value of the IPL $ 4.1 billion, or Rs 18,998 crore which is double the amount than the last year.The interesting point in the game is that players of the individual team are being selected in a bid (without a tender). The amount the players were being taken is almost undisclosed.There are some rules by the Government supported BCCI that if the bid exceeds some predefined amount by BCCI for a Player, the amount in excess would go to BCCI.
It will make the world's richest cricket board, the richer than the richest by setting a bench mark on its own.Approximately the BCCI is becoming more richer by Rs.750 crore 25 % up than the previous year.

Major industrialists and corporates are in Queue to advertise in the IPL games.There are news from corporate world that the internet giant GOOGLE and the entertainment media made contracts with BCCI for 80 crore and 120 crore for three years. Apart from that lot of companies like MAXX mobile,Karbon,Indiagames,V rock mobile has agreements with BCCI. The tyre giant MRF has agreed to pay Rs 15 crore for displaying a balloon over the stadium for one year.The list is going on and on.

Indians who were already much interested in cricket are now mesmerized by IPL to such an extent that the explosive materials found in the Kingfisher airways to Trivandrum struggled and failed to get the front page status in Media.The ticket rates of the IPL reached the peak since it can attract most people. IPL introduced tickets clubbed with food, pickup and drop and a late night party with the players. But it will cost about a lakh and a half for the semifinals only.

Here we have to see one more thing that the BCCI is not ready to pay TAX for the income it made from IPL claiming it be a CHARITY.I don't know how the Government is allowing all these non-sense happening.Don't the FM know such a huge happening will swipe all the money from the system? Does he know that most of the black money would be converted to White and money laundering will take place? Why we have to get all the money from the system and give it to foreign players who will be given tax exemption for carrying that money away from INDIA.Why we have to collect the money from middle and upper middle class and give it to a charity
like BCCI?What is the Corporate Social Responsibility of BCCI? Whether the IPL will benefit anywhere to the players?

According to GILL, our sports minister, IPL is bluffing the bowlers by making the pitches supportive to the batsman.All major employers or consultants of BCCI are into IPL like our Srikanth. This is not the spirit of the sport and to be stopped.Why government is allowing an event in which the Sports Minister is not happy and the Agriculture Minister is happy.

By this time I crossed the stadium and looked back the street. People were running here and there in the street.They were pretty much in the mood of enjoying a festival.As usual they are not ready to think of the social effects behind IPL and with the sounds from inside the stadium which stretched through the sky the street looked yellow. My eyes were searching for the platform dwellers there, who were all lost in the Global event. I said "Long live our Inclusive growth Policy"
and left away.

Let the Manmohan economics flourish!

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