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CMA Update
CMA 44th FoundationYear


Special Issue Office Bearers

March 2011

Unemployability, not unemployment is a concern today : Preneet Kaur

President Dr. Gulshan Sharma Executive Director ITFT Education Group, Chandigarh Vice President Dr. Niraj Pasricha Director Regional Institute of Co-operative Mgt. Secretary General J.N. Vohra Textile Consultant Joint Secretary A.K. Gandhi Consultant Jaiparkash Associate, Ltd. Treasurer CA Vivek Goyal Past President Col. Karamjeet Singh (Retd.) Director Continental Group of Institutes, Mohali Editor J.N. Vohra Mob. : 9814556072
Union minister of State for External Affairs Preneet Kaur has said that a major problem facing the country in a highly competitive environment today is not unemployment but unemployability of our youth. Addressing a gathering, comprising of CMA Members, Guests and students, during an interaction on “Human Capital and Skills Development for Economic Growth Challenges and Opportunities” organized by the women wing of the Chandigarh Management Association (CMA) in its 44th Foundation Year, the minister said, "we need to pay greater attention to human resources development and equip our youth with the knowledge and skills for better performance. To prepare our youth for the competition in the national and global markets, we need active involvement of all the stakeholders academia, industry and the government." “We will have to ensure that the graduates, even engineers and others, when they come out of the colleges, are not only polished in their academic skills, but have various other skills to be acceptable to the corporate world. She said a recent Planning Commission report has estimated that by 2020 India needs to generate 200 million jobs, including 120 million jobs in the service sector which has emerged as the major engine of economic growth and employment generation. Preneet Kaur said “We all know that the character and strength of a nation is invariably tied up with the quality and attributes of its citizens. We have seen that industrialized countries with limited natural endowments like Japan, Germany Switzerland, and South Korea have emerged and achieved spectacular economic growth on the strength and ingenuity of their human assets.” “On the other hand, there are countries that are well endowed with natural resources but have failed to capitalise on their wealth. These countries have failed to develop effectively their human resources to capitalise on their natural wealth. Human assets are much more valuable than material or financial assets.” “There is no doubt that our youth, today, are our biggest asset and if we do not make them into fine Human Capital, we will be guilty of wasting this precious human resources. The Planning Commission's estimates show that more than 80 per cent of Indian workforce does not have skills consistent with job market requirements. The skill gap is a key factor for India not being able to develop a diversified and competitive export manufacturing base.” Mrs Preneet Kaur also released a booklet which spells out the roadmap on the subject of the interaction “Human Capital and Skills Development for Economic Growth Challenges and Opportunities”

CHANDIGARH MANAGEMENT ASSOCIATION C/o Bhartiya Vidya Bhawan Plot No. 5, Sector 27-B, Madhya Marg Chandigarh-160019, INDIA Tel .: 0172-2656031, Fax : 0172-2639548 Website : email :
Affiliated to


March 2011


Sh. NEK CHAND Creator of Rock Garden, Chandigarh

Sh. MN Sharma First Architecture attached with Le-corbusier, Chandigarh

Major Gen Rajender Nath Social Worker Chandigarh

Air Marshal RS Bedi for his services of Ex-serviceman (Award received by his daughter)

Brig. K.S. Chandpuri Awardee of Maha Vir Chakra (MVC) For his victory in Longewale battle

Late Col A .B . Singh Founder of Hot Millons Group (Award received by his son)

Dr. T.S. Mahant Eminent Cardiac Surgeon Fortis, Mohali

Ms. Dolly Guleria Eminent Punjabi Singer Panchkula

Mr. Kamal Tiwari Eminent Theatre & Film Personality Panchkula

Ms. Promila Chandermohan Eminent Social Worker Chandigarh

Mr. N.K. Sathi Eminent Artist Chandigarh

Dr. D.S. Jatana Eminent Dentist Mohali

March 2011

Glimpses of CMA 44th Foundation Year Celebrations


HARYANA STATE ELECTRONICS DEVELOPMENT CORPORATION LIMITED ( A Haryana Government Undertaking) SCO 111-113, Sector 17-B, Chandigarh 160017 Tel. : 0172-2722961, 2722962, Fax : 0172-2705529 website :, e-mail :

March 2011 Dr. S.K. Duggal, Memorial Panel Discussion

“Budgets should be Vehicle for Better Governance", said Rajan Kasyhap

"Ayurveda is the only Medical Science which deals with Health Care" said Arun Gupta, Eminent Ayurveda
Chandigarh management Association (CMA) organised a talk on “The Art of Longevity through Ayurveda” at Bharitya Vidya Bhavan. Dr Arun Gupta, an NRI-Based in Hungry (Budapest) and eminent Ayurveda Practitioner delivered the talk. While speaking on the topic, Dr. Gupta said that Ayurveda is the only medical science which deals with health care other than disease treatments. Dr. Gupta said that if we have to take care of the health of millions of people of India the ancient medicinal system of Ayurveda is the only reliable way of doing so. He said that Ayurveda deals with methods of healthful living during the entire span of life and its various phases. Ayurveda stresses a balance of three elemental energies: vata (air & space "wind"), pittha (fire & water "bile") and kapha (water & earth "phlegm"). According to ayurveda, these three regulatory principles are important for health, because when they are in a more balanced state, the body will function to

Chandigarh Management Association today organised panel discussion on budget 2011-12 at Bharatiya Vidya Bhaven on 5th March. Rajan Kashyap, former Chief Secretary and Chief Information Commissioner presided over the panel. Kashyap said that Budget should be an icing on the cake-the cake of governance. It should be a 'vehicle for better governance', but he lamented that it remains only political document. Earlier he released a book “International Trade; Text and Cases” authored by Dr. P.K.Vasudeva, former professor (international trade) ICFAI. Kashyap said that the best budget was that of Dr. Manmohan Singh when he was a finance minister in 1991. At that India was facing an economic crisis. India's fiscal deficit was close to 8.5 per cent of GDP. Foreign reserves barely amounted to USD$1 billion, enough to pay for a few weeks of imports. He opened the Indian economy to foreign investment and business competition and all this happened in Budget presentation. However, he said that the announced budget 2011-12 is towards pursuing the agenda of inclusive growth, it shall result in the reduction of fiscal deficit and will maintain the growth momentum. Referring to budgets declared in Punjab state in successive years, Kasyhap said free bees are not a solution if the delivery mechanism is not in place. For example, he said that free power to farmers of Punjab has not served any purpose when supply of power is inadequate. That has affected their irrigation, sowing and harvesting plans and the losses on this account may be more than the paid power. Other Panellists Dr. (Col.) P.K.Vasudeva said that budgetary allocation for defence is inadequate and will not meet preparedness for various challenges the country is facing on different fronts. He said that scheme of NEREGA has made large number of workforce ineffective, since village men and women now idle away their time sitting at home after 100 days of payments. Also industrial production is getting affected due to nonavailability or skilled workforce. Another panellist who spoke on the occasion included CA Alok Krishan, member indirect taxes, PHD Chamber said that it is good that age limit for exemption of Income tax has been reduced from 65 Years to 60 Years. Now, Government personnel just after their retirement will be able to avail this concession.

its fullest, and when imbalanced, the body will be affected negatively in certain ways. Ayurveda holds that each human possesses a unique combination of these energies. Dr. Gupta said that for building a healthy metabolic system, attaining good digestion and proper excretion leads to vitality. Ayurveda also focuses on exercise, yoga, meditation, and massage. Thus, body, mind, and spirit/consciousness need to be addressed both individually and in unison for health to ensue, emphasised Dr. Gupta. Dr. Gupta stressed the use of plant-based medicines and treatments. Hundreds of plant-based medicines are employed, including cardamom and cinnamon. Minerals, including sulfur, arsenic, lead, copper sulfate and gold are also consumed as prescribed. He said that Panchakarma a five-fold therapy is employed ed on the needs of the individual depending on the body type, dosha imbalances etc. Panchakarma is a Sanskrit word that means "five actions" or "five treatments." This is a process used to clean the body of toxic materials left by disease and poor nutrition.

Dr. Gupta answered various questions from the audience mainly related to blood pressure, cardiac problems, diabetes, joint pains, and digestive problems. Earlier Dr. Gulshan Sharma, president CMA said that he personally have been benefitted by the Ayurveda system post by-pass surgery. He said that Ayurveda medicinal system is cheap, effective and log lasting, importantly, does not have any side effects. Col. (Dr.0 P.K.Vasudeva concluded the talk and said that he could live healthy life even at the age of 78 due to practicing Ayurveda and Yogic discipline.