I give below the executive summary and Table of Contents of my proposal to the State Government of Tamil Nadu for measuring Governance and Governance-deficit of the State. Governments are dependent on Corporate on Revenue generation and Corporate is least interested in Government’s Social Responsibility initiatives. Governments have to know what Corporate is doing. My proposal to the Government of Tamil Nadu is how to become efficient by themselves and initiate bringing Corporate into Social Responsibility. Main say will be the people. The people of Tamil Nadu are indeed rich with great abilities that I have suggested how to introduce the concept of Governance right from the school level.
Please do have an opinion and you are welcome. Those NGOs who are in education please feel free to be in touch with me.
Jayaraman Rajah Iyer
1. Executive Summary
Leadership from the State of Tamil Nadu is critically important right now. Tamil Nadu has been the bedrock of social justice and values for centuries but now finds the economic and value system of yore fragile. Like Pandora’s box all sorts of malevolent influences have been let loose and the people of Tamil Nadu rest their destiny on the one remaining item in the box:—hope.
Hope is kept alive and burning for the people of Tamil Nadu who hear what Abraham Lincoln said: “Any people anywhere, being inclined and having the power, have the right to rise up and shake off the existing government and form a new one that suits them better. This is a most valuable—a most sacred—right, a right we hope and believe is to liberate the world.”i
2. Ethical Responsibility
The People of Tamil Nadu did unequivocally rise up in 2011 to shake off the regime in power for one that suits them better, and in such record numbers as to show the world their sense of awareness and Ethical Responsibility. Ethical Responsibility assumed by the people is the result of centuries-old value systems imbibed and practiced throughout the State. The land of sixty three Nayanmars, of Kural, of Avvayar is a veritable treasure trove of ethical values. It is furthermore most challenging for anyone to take the reins of Government that has been left shattered by the previous regime. Every aspect of the house of Government from the lowliest common denominator building block in the State on up to the rooftops needs to be evaluated, repaired, strengthened so that we can move forward towards Vision 2025. Yet, the one element that could give the confidence to the new Government is the foundation of Ethical Responsibility which the people of Tamil Nadu have voiced to the world.
3. Social Responsibility
Without any loss of time the present Government of Tamil Nadu has within one hundred days brought out hundreds of welfare schemes benefiting the People. This response from the Government is directly proportional to the faith the People of the State reposed in the newly installed Government. The response from the voters is the declaration of intent to bring the value system of Tamil Nadu back to the People with the Government’s commitment towards Social Responsibility.
4. Fiscal Responsibility
The State has a long-term commitment towards fulfilling its obligations of Social Responsibility as well as rebuilding the shattered pieces of Gross State Domestic Product of estimated Rs.5,81,635 Crores spread over an area of 130,058 square kilometres occupied by 7,21,38,958 citizens. With the estimated fiscal deficit of Rs.16,880.99 Crores the State has an enormous task on its hands of balancing the good intentions with revenue generation.
இதனை இதனால் இவன்முடிக்கும் என்றாய்ந்து
அதனை அவன் கண்விடல்
After having considered, “this man can accomplish this, by these means”, let (the king) leave with him the discharge of that duty. Kuralii 
Delegation of authority is a well practiced norm of Tamil Nadu over twenty centuries. Collectively the delegated authorities are responsible for the public estimated expenditure of Rs.1,02,034.89 Crores. Governance is the management of the delegated authority as the author of the Kural, Thiruvalluvar, makes clear by the following couplet equating the work and the individual as one and the same.
வினைக்குரிமை நாடிய பின்றை அவனை
அதற்கு¡ய னாகச் செயல்—
As each man’s special aptitude is known,
Bid each man make that special work his own. Kuraliii 
Governance is the measure of Accountability directly related to the performance of an individual. Thiruvalluvar sees through the eyes of the individual to perform whatsoever task is assigned to him and measures the extent of non-performance as a yardstick of Governance as the world will abandon those who abandon their unfinished work.
வினைக்கண் வினைக்கெடல் ஓம்பல் வினைக்குறை
தீர்ந்தாரின் தீர்ந்தன்று உலகு—
In doing work don’t break and shirk
The world will quit who quits his work. Kuraliv .
7. Study of Cost Consequence
“Unfinished work” such as the Tamil Nadu Legislative Assembly project and Secretariat Complex project form part of the GSDP (Gross State Domestic Product) of Tamil Nadu as per projection 2010-2011 of Rs.4,87,996 Crores. Other than the eight UNESCO World Heritage Sites in the State from the Chola, Chera, Pandya and Pandava kingdoms, the balance amount of Rs.4,87,996 Crores representing the Tamil Nadu GSDP is a case-study for Cost Consequence where Accountability fails to be measured.
8. Real-time monitoring
In the United States Government Auditing Standards January 2007 Revision issued by the US Government Accountability Officev, the term “Governance” has been utilized no less than sixty times. Barring two, the word Governance is prefixed with the words “Those charged with [Governance]”. This usage entails (1) Governance as a staff function and implies (2) that no other individuals are entrusted with Governance. (3) Audits are undertaken in the same pattern as Balance Sheet audit. Governance should virtually be everyone’s responsibility. You do not say we are giving Governance to so and so. It cannot be doled out like this. Furthermore, Governance requires real-time monitoring to enable a Study of Cost Consequence to take mid-course corrective action. Cost consequence with real time monitoring can be undertaken for the purpose of completing projects. There is no need for important projects such as those mentioned above to remain unfinished and abandoned. In the absence of real-time monitoring there is an absence of Governance resulting in literal and figurative potholes on the road to development taking up empty space in the GSDP of Rs.4,87,996 Crores.
By relating “work” to an individual and Accountability to unfinished work Thiruvalluvar has succinctly brought out the essence of performance analysis to a binary value of 1 and 0 by the following couplet.
முயற்சி திருவினை ஆக்கும் முயற்றின்மை
இன்மை புகுத்தி விடும்—
Effort brings fortune’s sure increase,
Its absence brings to nothingness. Kuralvi 
IBCM© defines as intangible the energy force common to all people and measures the presence—or absence—of the energy force in their work performance. When antimatter collides with matter the mass is converted into pure energy and so does the intangible when it collides with the substance. Everything in the universe is a substance. When intangible collides with the substance it turns it to Pure Energy. They are the results of collision between inert matter and dynamic Action. Work is understood to be differentiated between the creative process and the action process leading to the same substance. Substance is the outcome of the creative process; the process steps are the same for every substance, animate as well as inanimate. Every substance, whether created by nature or manmade has an in-built quality. This importantly based on the action process which emerges. Creating a substance and acting upon the substance, man-made or natural, is in the efforts of individuals. This effort, முயற்சி, is intangible.
10. Intangible Value Capital [மூலதனம்]
The GSDP of Rs.4,87,996 Crores is classified as the wealth creation of the State. When Thiruvalluvar noted முயற்றின்மை இன்மை புகுத்தி விடும்,— absence of effort brings to nothingness—if there is no effort, or idleness, problems will be introduced—he must have anticipated the wealth creation process of the modern State. Although some work will be finished on paper it can remain unfinished in terms of Quality. The author of the Kural relates the output of a completed task to Quality. In the time of the Kural almost two thousand years ago a finished work without Quality does not even arise. It is considered unfinished. Thus does the break-up of GSDP need to be classified between Quality and unfinished work which would become a valuation basis of the GSDP. Local roads in general are a good example of work that appears to be finished but because of lack of Quality they remain ever unfinished. Intangible Value Capital [மூலதனம்] is the rating of every substance as to the qualitative measures derived from a number of parameters for the substance evaluated. Intangible Value Capital [மூலதனம்] is derived by adding two components of the substance—Creative Process and Action Process. Illustratively, road projects will be evaluated as to how the Quality of the project is set to proceed before the road is laid, followed by implementation of the project as set by the project planning parameters. The Project planning document is the creative process named by IBCM© as Intellectual Value Capital orமூளைதனம். When the project is executed the action process for task accomplishment is named by IBCM© as Emotional Value Capital or செயல்தனம். Creative process begins from a state of non-existence subtler than the subtle and hence named Intellectual Value Capital (மூளைதனம்). The action process, on the other hand, begins on a gross level with a tangible substance.
Intangible Value Capital [மூலதனம்] is the addition of Intellectual Value Capital (மூளைதனம்) and Emotional Value Capital (செயல்தனம்) ÷ 2. i.e., மூலதனம் =(மூளைதனம் + செயல்தனம்)÷ 2.
11. Work classification
தே றற்க யாரையும் தேராதுதேர்ந்தபின்
தேறுக தேறும் பொருள்
Let (a king) choose no one without previous consideration; after he has made his choice, let him unhesitatingly select for each such duties as are appropriate. Kuralvii 
The work classification is broken down into Fiscal Responsibility and Ethical Responsibility. Under Fiscal Responsibility comes four work categories: (i) Finance, (ii) Officers, (iii) Operational Force and (iv) Technology. In terms of measuring the Intangible Value Capital, a fifth work category under Ethical Responsibility consists of (v) “People”. Thus together, the GSDP of Rs.4,87,996 Crores is to be evaluated by the representation of five work categories made up by two issue areas – Fiscal & Ethical Responsibility.
12. Hidden Values
Work classification is to be further analysed by standards set by the UNGC— United Nations Global Compact 10 Principles of four issue areas:—Human Rights, Labour Rights, Environmental Rights and Anti-corruption where the value in Intangible Value Capital [மூலதனம்] is enhanced considerably. Going through the four issue areas for completion of work ethics with the 10 Principles the State may truly wonder வயலூர் இருக்க அயலூரைத் தேடி அலைவானேன்? [why search elsewhere?]
“Memory and Mathematics in the Tamil Tinnai Schools of South India in the 18th and 19th Centuriesviii” reveals the power base of mental capability within the State. Here primary school students mentally recite multiplication tables of fractions to the level of 1/320. Ethical values of management set by the Kural are unparalleled. No UNGC or Corporate Governance or CSR manual anywhere in the world can come anywhere close to the Kural.
The formula of given by மூலதனம்= (மூளைதனம் + செயல்தனம்) ÷ 2 is so simple to learn that this proposal advocates introduction of this management study at pre-school level as a game of Paandi.
13. Participation by Society
Intangible Value Capital [மூலதனம்] affords an opportunity for Society to participate in Social Responsibility initiatives of the Government. Obviously Society has a major role to play. The value system encompassing the Government and the Corporate with the specific focus on UNGC 10 Principles is beneficial for all dots to connect effectively, namely, .gov, .com and .ppl.
Intangible Value Capital affords the opportunity for the State to take the reins of the Society with Intangible Value Capital [மூலதனம்] as facilitators, influencing the Corporate policies towards economic growth and meeting the needs of the People. The State shall promote such Corporate bodies at national and international forums. The hundreds of welfare schemes announced by the Government of Tamil Nadu are meant for Society to participate in the growth and development of Intangible Value Capital [மூலதனம்]. Trade, business and commercial establishments within the State shall partner the Government with welfare schemes as investment (and not expenditure) towards reaching the goals set by Vision 2025.
14. Public Reporting
Intangible Value Capital [மூலதனம்] is the Indicator of performance at six levels of efficiency. This Indicator is a moving target towards optimal performance. Public Reporting of wealth creation for the State by Intangible Value Capital [மூலதனம்] shall be a cynosure of Governance standards the whole world would look to. Public Reporting by Article 10 of UNCAC—United Nations Convention Against Corruption—is the most important clause ever created that stands ratified globally by ninety five countries including India. Governments seeking good Governance would find Public Reporting by Intangible Value Capital [மூலதனம்] piloting a Social aircraft with the passengers being provided video.
15. Equation and solution
1. Equation of the State as on 16th May 2011:
Formula: (Intellectual Value Capital (மூளைதனம்) + Emotional Value Capital (செயல்தனம்)) ÷ 2 = Intangible Value Capital [மூலதனம்]
(0 + 0) ÷ 2 = 0; [Note: Negative rating is not awarded]
2. Solution: Current Status:
(மூளைதனம்+ செயல்தனம்) ÷ 2 = மூலதனம்
Kural: (5 + 1)÷ 2 = 3, where the number 5 denotes the optimal Intellectual Value Capital available to the State and 1 denotes the current usage of the Kural for the Action Process.
கற்க கசடற கற்பவை கற்றபின்
நிற்க அதற்குத் தக
Let a man learn thoroughly whatever he may learn, and let his conduct be worthy of his learning. Kuralix 
1 signifies the Conceptual stage where Kural induces the desire but reluctance takes away the performance. The Action taken report on Kural i.e. Emotional Value Capital (செயல்தனம்) will determine the capability of the State of Tamil Nadu. Fully utilised at optimum level, Intangible Value Capital [மூலதனம்] of the State will reach the notice of the whole world.
With the leadership available at the State, Development and Social Justice is easily within our grasp and open to world recognition as a benchmark.
16. IBCM – Inactivity Based Cost Management
முயற்சி திருவினை ஆக்கும் முயற்றின்மை
இன்மை புகுத்தி விடும்
Effort brings fortune’s sure increase,
Its absence brings to nothingness. Kuralx 
Governance is the result of the effort put in, governance-deficit the absence of effort. Governance gets a binary value of 1 for the intangible being active, whereas governance-deficit is rated 0 for the intangible element being inactive. Activity has a cost incidence, whereas inactivity a cost consequence. Study of cost consequence is enabled by governance-deficit that brings out open the inactive elements of intangible that need energising instantly to contain the cost consequence. IBCM-Inactivity Based Cost Management facilitates study of Cost Consequence by measuring the extent of inactive intangible by each of the five categories of Ethical & Fiscal Responsibility as governance-deficit.
Table of Contents
1. Executive Summary 
2. Introduction 
[100 Days … Hundreds of Welfare Schemes, Social Responsibility … Hundreds of Welfare Schemes: Social Responsibility and Cost Audit:, Social Responsibility and cost of tight bureaucratic control, The rising awareness of Social Responsibility, HACCP [Hazard Analysis & Critical Control Points] of Vision 2025 Document for Tamil Nadu,Three Criteria of the Public Reporting of four critical control points, Real-time Monitoring , Study of Cost Consequence, Participation of the Society, Dashboard of CCPs by Intangible Measuring, Three Criteria of the Public Reporting of four critical control points , Dashboard of CCPs by Intangible Measuring, How complicated is deriving Intangible Value Capital [மூலதனம்]?, Tinnai Schools]
3. Understanding Intangible 
[Background – IAS – 38 Intangible Asset, The facets of Intangible Asset , Intangible vs. Intangibles, Creation of Intellectual Value Capital (மூளைதனம்), Creative process of Intellectual Value Capital (மூளைதனம்), Performance – Building Emotional Value Capital (செயல்தனம்), Measuring – Intangible Value Capital [மூலதனம்], Intangible Value Capital [மூலதனம்] – enabler for establishing Governance over Responsibility [Intellectual Value Capital (மூளைதனம்)] and Accountability [செயல்தனம்] , Timely data, Areas under cultivation, produce in tonnes and yield per hectare. Revised Budget 2011-2012 on Agriculture, Illustration for Anthyodhaya Anna Yojana Scheme, Ethical Responsibility Group, Fiscal Responsibility Group, Optimal efficiency, Basis of calculation and a few conditions, Consolidation of assessed Binary Values, Optimal efficiency, Building Blocks of Tamil Nadu Civil Supplies Corporation.]
4. Revenue Generation is a Social Responsibility 
[Ethical Responsibility of the people & Fiscal Responsibility of the Government and their Accountability, Government and Corporate Social Responsibility – Connecting the dots – .gov and .com, United Nations Global Compact [UNGC] and The Global Reporting Initiative (GRI), IBCM© Findings, Corporate Social Responsibility, SAP 2010 Sustainability Report , Social Responsibility Act, Revenue Generation, Economic Growth and Job Creation: Background data, Increased Revenue Generation: Looking beyond Rs. 85,153.89 Crores]
5. Connecting the dots: .gov and .com 
[Re-engineering – Internal & external: Internal – .gov, e-Governance, Devolution of grants to local bodies, Quality Management, Re-engineering – Internal & external: External – .com: Competition, Collaboration, .gov the facilitator, Harvard Professors, Rating Agencies, Rating Agencies of India, .com under scrutiny of .gov, connecting the dots .com to .ppl, Optimal efficiency report]
6. Conclusion – Intangible Value Capital [மூலதனம்] 
[For Jobs & Economic Growth, Index of Inactivity, Real-time monitoring and Cost Consequence, Adaptability, Sustainability of Values, Governance and Governance-deficit: Opposite Values, Establish Ethical Standards Board ]
7. Definitions – Intangible Value Capital [மூலதனம்] 
Some of the criteria set for evaluation on RoI based on Intangible Value Capital:
Some of the criteria set [not one-to-one]
Return on Investment
2. Higher-tech education, Medical, Engineering, Agricultural Universities
3. Agriculture, Industry, Banking, Trade & Commerce
4.High-skilled Labour Force
5. Female Labour Force
6. Capacity for Innovation, Venture Capital availability
7. Welfare Schemes
8. University-Industry-Government-People Research Collaboration
1. Information Technology Skills
2. Technological Readiness
3. Availability and Quality of Scientists, Engineers, Accountants, Agricultural, Bio-technology, Scientific & Tech Publications, Knowledge Transfer
4. Industry, Banking, Trade, Commerce performance
5. Resilience of the Economy, Annual Inflation
6. No. of days to start business
7. No. of Patents registered from TN
8. Awards – Nobel Prize, Oscar, Science, Arts, Literature, Sports – TN
9. Flexibility & Adaptability
10. Agriculture productivity
11. Attitude towards Globalisation
12. No of BPL families upgraded
Intellectual Value Capital (மூளைதனம்)
Emotional Value Capital (செயல்தனம்)
Intangible Value Capital [மூலதனம்]
ii TIRUKKURAL English Translation and Commentary by Rev. Dr. G. U. Pope, Rev W. H. Drew, Rev. John Lazarus and Mr F. W. Ellis
iii TIRUKKURAL English Translation and Commentary by Rev. Dr. G. U. Pope, Rev W. H. Drew, Rev. John Lazarus and Mr F. W. Ellis
iv TIRUKKURAL English Translation and Commentary by Rev. Dr. G. U. Pope, Rev W. H. Drew, Rev. John Lazarus and Mr F. W. Ellis
v GAO, United States Government Accountability Office, By the Comptroller General of the United States, Government Auditing Standards January 2007 Revision.
vi TIRUKKURAL English Translation and Commentary by Rev. Dr. G. U. Pope, Rev W. H. Drew, Rev. John Lazarus and Mr F. W. Ellis
vii TIRUKKURAL English Translation and Commentary by Rev. Dr. G. U. Pope, Rev W. H. Drew, Rev. John Lazarus and Mr F. W. Ellis
viii Memory and Mathematics in the Tamil Tinnai Schools of South India in the Eighteenth and Nineteenth Centuries
D. Senthil Babu Department of Indology French Institute of Pondicherry, India email@example.com http://journals.tc-library.org/index.php/hist_math_ed/article/view/280/239
ix TIRUKKURAL English Translation and Commentary by Rev. Dr. G. U. Pope, Rev W. H. Drew, Rev. John Lazarus and Mr F. W. Ellis
x TIRUKKURAL English Translation and Commentary by Rev. Dr. G. U. Pope, Rev W. H. Drew, Rev. John Lazarus and Mr F. W. Ellis