I'm feeeeelin' it... You??

Tuesday, April 18, 2006

Lucrative Indian (TamilNadu) Politics ...

Happened to read an article by Suganthi on www.Gilli.in in which she has sinfully captured the fortunes of the"rich & famous" of Tamil Nadu politics .. I believe she collected the data from the media (SIFY.com) reports as the politicians were filing their nominations to contest the upcoming elections in the State.. Thanks to her! I was so inspired that immediately I lunged for my calculator sitting across the other end of my desk and started to do some simple calculations. for the heck of it..And lemme share what I found out with you.. Be patient as the following will be a very lengthy article..Lets goooooooo
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Summarizing Suganthi's article, you will get the following "Values" for some of the rich and famous:
1. Dr. Jayalalitha Jeyaram, Current Cheif Minister of the TN - Assets valued at 24.65 crores
2. Dr. Muthuvel Karunanidhi --Assets valued at 22 crores

For simplicity purposes, I have only taken the above two personalities to study in detail here.. Just banged my calculator to see how lucrative a career is for someone who is willing to take that as a "Career option" in Tamilnadu instead of killing themselves in a professional curriculum (Doctor, Engineer, Lawyer, etc)..Boy! Wasn't I stunned! Lemme share with you all what I found.

For mathematical purposes, I decided to take up Kalaingar Karunanidhi .. He has been in politics for over 60 years.. With no capital investment (except for his time and effort), his wealth is now valued at roughly 22 crores..If you break it down into simple mathematical stuff, this is what you get:

Not a bad rate, compared to some of his peers in the TN political world, right? This simple "number crunching" exercise was done based on some the following assumptions:

1. Dr. K.K. worked 24 hrs of his career for TamilNadu (no sleep, sick days, awarded time off, etc)

2. No Bonuses taken into account..

3. Population has remained the same for teh past 60 years (6 million)..

4. These CEOs of State charged the same amount over their entire political career

5. All reported expenses are TRUE and ONLY assessts they possess are reported. None of the "family" is included here (for example, Dyanidhi Maran's assessts are not considered here)

6. NO assests belonging to Benomies & Proxies are reported (which would inflate the per hour cost to an uncalculatable amount)..

Whoaaaaaa..Looks like Politicis is after all a good career! Given all the numbers for an established politician who spent his entire adult life in politics, you must now be wondering how much is Dr. Jayalalitha charging the poor people of Tamil Nadu for managing/running the state and looking/caring after everyday life of the Tamil citizenry..Here comes the next round of "Number Crunching" with the same set of assumptions as above:

Starting her active political Career in 1981, Dr. Jaya has served(!!!) the state for almost 25 years..She has reported a Net Worth of 24.65 crores.. Let us say that she started her life with 4 crores worth of assets, which over the years have grown to 8 crores .. If you think I'm not being generous, let us add a couple of crores towards that "Asset Growth" from her incomes through her acting profession..This would spare Rs. 15 crores for us to start our calculations:


Geez .. She is a bit more expensive than Kalaingar, right? How is that a state with 6 million + population can afford such expensive CEOs? Probably they could have hired Jack Welch (famed CEO of General Electric) from the West for this salary...Even in corporate terms, I think these CEOs are charging excessively high rates without showing any improvement in their services to the End Beneficiaries.. The quality of life hasn't imrpoved for a vast majority of the population in the past few dedcades and people continue to suffer in the long queues outside the Rationshops and riding the terrible roads, fearing their life if they come out and question these "rich & famous"..

Between the two CEOs who have continued to rule the state for the past 25+ years, I have pretty much come to a conclusion that Politics is anyday a better Career Choice than being Engineering/Doctor/Lawyer, etc..Poor engineers/doctors/lawyers don't even stand a chance to charge such huge sums of money .. Even if they do, they will never be able to buy a place to bury them after death on Marina Beach..And no 21 Gun Salute Government Funeral/Burial ...

No wonder people with no academic intelligence chose to pursue politics as a career.. No wonder these Dropouts, Failed students, etc should be lining up to run the State, where the only prerequsite is to be an ACTOR/ACTRESS or BE SOMEONE WITH GOOD Skills in Cheating People with your flowery language and charming wit...It seems all worth the effort when it starts paying rich dividends..Better start telling your kids to be a Politician than to be an Engineer/Doctor/Lawyer.. If he/she shows interest in political rallies, be assured that your generations to come will NEVER have to be worried about MONEY ever in their lifetime..

Now, you know why people line up and ight for those Most Valued MLA Seats during the Election season.. Now you are starting to understand, why Vaiko is willing to let go of his Pride..If you haven't started understading anything yet, start to crunch teh numbers for Dr. Ramdoss..You would even be amazed how crazy it can get if he gets to be the next CM of Tamil Nadu..Aandavanae Vandhalum Indha Tamil Nattae Kappatha Mudiyaadhu (remember, these are not my words.. but of Mr. Rajnikanth's.. Uttered during the 1996 state assembly elections)...
posted by GeronimoThrust at 11:47 AM

8 Comments:

There's one more profession equally lucrative... become a godman, start an ashram.

2:34 AM  

LOL :-)... u forgot this point that almost 99% of their wealth was all donation ;-)... so not every x or y or z can earn this much :-)

9:31 AM  

Anon, was bang on target, Godmen's economics is bigger, they are on an international level ;-)

And geronimothrust(whatizz that?)..thanks for linking me.

8:43 AM  

Geronimo and Suganthi-
It was a pretty good analysis of the incomes of the two top political figures in Tamil Nadu. I am concerned about the signals your posts are sending. A lot of facts are suggestive, but sound conclusive. You seem to sarcastically comment that a political career is not good. I am afraid if the next generation follows your suggestions, there won’t be very many service-oriented people. Some politicians, not necessarily the one you mentioned, are highly educated, service-oriented, and deserve the respect they get. Well, that’s just my two cents!

2:05 PM  

Totally agree with you, Gops, on the suggestion that our analysis was good. But can't agree with you about the fact that we have done something negative to wane away those future "honest" politicians with the sarcastic comment..The intent of this analysis is to create a sense of awareness among my readers to keep these simple facts in mind when they go to the poll stations .. They can carefully look for alternative candidates apart from these kinda politicians..If anything, the intent of this post is to inspire people NOT to be like Karunandhi or Jaya and be someone who wouldn't be mocked and ridiculed for when they compete in elections..Of course, we all agree with you that there are some good, honest, politicians around..And unfortunately my message doesn't address those people ..YOu are fully justified in bring out this as a concern and I'll make sure that people understand what your concerns are..Thanks for stopping by my blong and throwing in your two cents..Really appreciate your support and please continue to visit..Your comments will help me stay grounded as I'm a novice blogger that years to get better with the days..

2:14 PM  

I am linking your blog to mine, if you don't mind. Great blog! Keep up the good work.

2:54 PM  

Wow.. Feels good to be BlogRolled..Thank you .. feel Privileged & special..

3:00 PM  

Warey...wah...what a good analysis man...all that I wondered when they submitted their net value of the assests was that where their remaining assets are.

Didnt actually calculate their hourly salary...

Mr.Rajinikanth stated that for one person, but thats true for any modern day politician, even if he comes...

7:32 AM  

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