Two Patanjali-owned TV channels get clean chit in Nepal

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Kathmandu, Nov 25 | Two Patanjali television channels owned by yoga Guru Ramdev that are all set to operate in the Himalayan country have been given clean chit in Nepal after a government probe team found that both the channels were not registered in the country yet.

Nepal’s Prime Minister Sher Bahadur Deuba and senior Nepali political leaders had inaugurated the two channels — Aastha Nepal and Patanjali Nepal — in presence of Ramdev, Acharya Balkrishna at a function in Kathmandu on November 19.

But the launching of the two television channels owned by the Patanjali Group was mired in controversy as the Himalayan nation has not yet allowed any foreign investment in the media sector.

The Department of Information and Broadcasting under the aegis of the Ministry of Information and Communication on November 20 formed a committee to study whether both Patanjali television channels are registered in Nepal and from where they got the license to operate.

We found that they have not yet launched the television channels, Gogon Bahadur Hamal, Director General of Department of Information and Broadcasting, told IANS.

It is learned that they (Patanjali Group) symbolically inaugurated the television channels and it was also found during the investigation that they have not installed any equipment and have not even applied for seeking permission, said Hamal.

If Patanjali Group had installed the equipment and started running the television channels, we would definitely have taken action against them but in our investigation, they have not even brought the necessary equipment, Hamal added.

“Nepali law does not permit foreign companies, firms, or any individual to invest in the media sector. If they [Patanjali Group] want to launch a television channel in Nepal, it should be a Nepali investment, the company should be registered in Nepal and it should be owned by Nepali citizens. I hope they will fulfill the criteria before launching the television channels,” said Hamal.

The issue grabbed headlines in Nepal and also put pressure on Patanjali group to defend its move.

On November 21, the Patanjali Yogpeeth Nepal issued a statement and claimed that it has already started the verification process for launching the television channels through the company registered Office.

“We have initiated the process of seeking permission for registration from concerned Nepali offices to operate the television channels,” the statement said, adding, “we have not actually broadcast the television channels, we have only made technical preparation to launch the television channels.”

“We have only inaugurated the television broadcasting office building that aims at broadcasting programs relating to yoga, Ayurvedic education, culture, literature and spiritual philosophy – that will start operating only after due processes,” the statement said further.

It is said that the Patanjai group only started the trial run of the two television channels on November 19 and is going to seek approval from the government of Nepal very soon. After the controversy hit back, senior officials from Patanjali Yogpeeth, Nepal had recently visited the Department of Information and Broadcasting and inquired about seeking permission on how to operate the television channels as per the Nepali law, Hamal said.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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