Oct 15, 2004 03:56 PM
3686 Views
(Updated Oct 15, 2004 04:09 PM)
How to save operating costs of Banks and MFs and increase India's Productivity
The second biggest cause of wasted productive time at work of Indian Bank/Mf staffs, after Internet in office, is the practice of stapling, atleast twice, every envelope that is already sealed well.
Besides, the recipients waste a lot of productive time(searching for right tool) as they cant just tear open the letter and start reading the redemption cheque or as is most often the case a damn notice imposing additional charges or more service tax to please PChidambaram, thus enabling him to dole out freeB to Swindler States like Laloo land.
Well, I am digressing; back to cost saving idea to banks & MFs.
With rising costs of Steel, costs further fueled by short supply due China s*cking up all world steel, the Industries' profitability suffers.
If only banks & MFs used fewer staplers, that end up in dustbins in India, un-recyclable, we could divert all of it for India Inc to make, I am sure, few more thousands of cars for export!
A generation old distrust on poor standard glue manufactured by Indian industries & badly sized envelopes that allow paper inside to sway from one end to other thereby making the recipient address vanish from the window, making it difficult for the postman & the notoriety of Postal department tearing up envelope in the transit process, has led to this'costly for all' practice of stapling every sealed envelope atleast twice and often more!
Things have changed; atleast in the more professional(non UTI) MFs and non PSU banks. They use these days, professionally designed & properly fitting envelope with self adhesive that actually works!
Let the Private Banks and MFs make a beginning by stopping the multiple-stapler practice, saving their costs & also contributing to India Inc in a small way. The PSU banks will follow suit as they are doing with every other innovation - it may take a decade of battering; but sure they will follow.
Let us make a beginning and save steel & people's energy!
EPILOG:
One small request for any Indian Govt bureaucrat reading this article: Please donot implement this idea in your dept. It is very bad for the recipients of IGS(India Government Service) letters. It cant work in Govt Depts; what with the stock pile of poorly designed & weak envelopes that is the order of the IGS, as you had to and as it appears, for a while to come, have to award the envelope supply contracts to friends and relatives of Laloo like politicians. You do have the pleasure of time-honoured(sic) systems such as awarding contract to the lowest of three bidders, never mind the quality compromise in the process. But is it not child's play for Laloo-like-politician's friends to org anise the three quotes to please anyone!
