Peeved and confused, this former government official made some phone calls to find out whether there had been a clerical mistake. After a while, he finally figured out why his name wasn’t listed: Apparently, he didn’t meet the age requirements set out for a non-government candidate! Such candidates were “preferably” required to be below the age of 50, while he was a tad older! (For government candidates, the maximum age “limit” was 55 years). But “preferably” isn’t an automatic disqualification, he argued. Did somebody else (also in the race) deliberately block his bid
Watchdogs who keep a strict vigil on the accounts of those they regulate must ensure that their own houses are in order, right Eavesdropper thus was surprised to overhear officials of the Insurance Regulatory and Development Authority moaning about the tight control over their use of stationery.
Every piece of paper issued to them has be used to the fullest possible leaving no white space whatsoever. Thus each piece of paper must be written, written over and rewritten over on the front and back, before the scrap of paper is finally scrapped. Not to speak of accounting for every piece of paper, pen, floppy disk, etc! Impressive enough, for a regulator seeking to keep management expenses of insurance companies to the statutory ceiling of 19.5 per cent!