MAM
MRUC’s Roda Mehta issues rejoinder defending IRS 2002
MUMBAI: MRUC Technical Committee chairperson Roda Mehta has given a rejoinder to WPP marketing communications South Asia CEO Andre Nair’s recent remarks about IRS 2002 that were made during the course of an interview he gave to indiantelevision.com.
Mehta’s rejoinder is reproduced below in full:
During my recent visit to Mumbai, I had an opportunity to read the two interviews (on indiantelevision.com) featuring the comments of Andre Nair and a response from Amit Ray. I was deeply saddened to read the intemperate and ill-informed comments on the IRS, necessitating a rejoinder. It is obvious that Andre is commenting on hearsay.
When Andre and I sat next to one another at the recent Abby Award ceremony of the Advertising Club of Bombay, he mentioned that he had been asked to chair the Technical Committee of the NRS. I wished him well …and continue to do so.
In a spirit of healthy respect for each other’s efforts on industry work and as an independent user of media databases, the MRUC had invited him to the launch of Round 10 of IRS on 29 April 03.
The letter of invitation, which I suspect he has not read, stated that the presentation was for the full year of 2002. So his comment that “the IRS full report is not out yet” is not correct. The file viewer was released in a few days’ time after launch presentation. Given that not a single person from the WPP group of media companies was present that day, I guess there was no way he would have known that.
For someone to say “the IRS Report is a bungled thing and I am not the only person to say this” suggests he has personally studied the IRS carefully and has the affirmation of his colleagues and the market to make this statement. Sadly, neither Andre nor the senior members of his team have given MRUC the time of day to even view the IRS, while representatives are sent for attending meetings for audience measurement for much smaller single city media projects.
All surveys, by their very nature, are sample surveys and are not censuses. To claim the superiority of one over the other requires detailed knowledge. I am afraid that neither Andre nor the heads of MindShare or Fulcrum have even exposed themselves to the IRS product, despite several attempts made by the MRUC.
When Andre mentions that their “own validations have found superiority of the NRS on a key parameter – data consistency”, I wonder if Andre has checked this out personally, given the past history of these two studies?
Just to clarify with just one instance, the NRS 2000 had placed the readership of Dainik Bhaskar at No.5 with 74.5 Lakhs (7.45 million). For the same period IRS 2000 ranked Dainik Bhaskar at No.1 with a readership of 109 lakh (10.9 million) readers. Later in 2001, NRS declared Dainik Bhaskar’s readership at 119 lakhs (11.9 million), a jump of 45 lakh (4.5 million) readers in one year!! Nothing on circulation or market dynamics suggested that one publication could generate so many readers during this period! Perhaps, Andre would like to check this out?
Andre’s explanation of the IRS being bungled was its “inability to answer or evade certain questions at their result presentation”. If Andre had been there, or anyone else from his companies, he would have learnt that during the presentation, it had been clearly mentioned that there had been an error in the press release in which Hindustan had been unfortunately mentioned as Hindustan Times.
Being in a competitive market, Andre would know the licence that would be taken by an affected party to blow a minor issue up. So when “they ….. said they would issue a corrigendum, which the dictionary defines as an error to be corrected”, I have no doubt that Andre will have the generosity to condone a typographical error.
Skirmishes between competitors is normal in the market place. But for impartial heads of organisations, endowed with the responsibility to give their clients the best advice, independent of any partisanship, it saddens me greatly to read the interview published on your site.
To even suggest that one of the finest clients any agency can have, namely Hindustan Lever, is only ironically associated with the IRS as a bulk buyer, is indiscreet. If there is one thing HLL does know, it is value for money! India’s first AOR was created for HLL, which Andre has inherited.
When I was told that Andre was to head the media companies of WPP in India, I had welcomed the news and said to many that this was good for the group as to Andre the quality of inputs were as important as the integrity of his media recommendations.
I was delighted that a participant of an Asia Pacific Ogilvy & Mather Training Programme, where I had been invited as faculty, was to hand over the Distinctive Recognition Award to me at the recent Abby Awards by virtue of his responsibility as the industry’s largest trustee of client media budgets.
I know he will not break my faith in him.
Roda Mehta, chairperson, MRUC Technical Committee
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MAM
Term Life Insurance Explained: Who Needs It and Why It Matters
If you are actively investing to grow your money month after month, you already understand the value of planning ahead. SIPs, long-term portfolios, retirement planning and goal-based investing all point to one thing. You are building a future with intent.
What often gets missed in this process is one foundational question. How well is the income that funds all these plans protected?
Term life insurance fits naturally into this stage of financial planning. It does not compete with investments. It supports them by protecting the income that makes long-term growth possible.
Why Income Protection Is a Core Part of Financial Planning
Every financial plan begins with income. Before money is invested or saved, it is earned.
Over time, this income is allocated across multiple needs:
● monthly household expenses
● EMIs and long-term loans
● savings and emergency funds
● investments aimed at future goals
As responsibilities increase, financial planning becomes layered. Each layer assumes income continuity. Term life insurance exists to ensure that this structure does not become fragile due to overdependence on a single income source.
It adds stability to plans already in motion rather than introducing a new objective.
What does term life insurance do?
Term life insurance provides a fixed payout to your nominee if you pass away during the policy term. The purpose of this payout is practical and clearly defined.
It is intended to:
● replace lost income for a defined period
● help manage outstanding liabilities
● support ongoing household and goal-based expenses
There is no investment or savings component. This keeps the product focused and cost-efficient, allowing individuals to opt for meaningful coverage without diverting funds meant for growth-oriented investments.
Why Term Life Insurance Complements Investing?
Investments and insurance play different roles in a financial plan.
Investments are designed to:
● grow wealth over time
● compound with consistency
● be adjusted as goals and risk appetite change
Term life insurance is designed to:
● provide financial continuity
● protect existing plans from disruption
● remain stable once put in place
Keeping these roles separate improves clarity. Investments are allowed to perform without being forced to double up as protection, while insurance quietly supports the overall structure.
Who Should Consider Term Life Insurance?
Term life insurance becomes relevant when financial planning extends beyond individual needs. This typically includes:
a) Working professionals
When income supports shared expenses or long-term plans, protection becomes essential.
b) Individuals with long-term liabilities
Home loans, education loans and other EMIs often extend over decades. Term insurance ensures these obligations remain manageable.
c) Parents planning future milestones
Education, healthcare and lifestyle goals require continuity over many years.
d) Early planners with rising incomes
Starting earlier allows coverage to align smoothly with career progression and evolving responsibilities.
How Much Coverage Should Be Considered?
Coverage should be guided by financial reality rather than affordability alone.
A well-rounded evaluation typically considers:
● number of years income needs to be replaced
● existing and future liabilities
● long-term goals already planned
● inflation and rising living costs
Many insurance companies offer options starting from 50 lakhs, 1 crore term insurance and higher. It allows individuals to choose coverage based on their income, liabilities and future plans.
How Term Life Insurance Fits Into a Long-Term Plan
Once set up, term life insurance does not demand frequent attention.
It does not require active monitoring, market tracking or performance reviews. Its role is structural rather than dynamic.
By ensuring financial continuity, it allows families to:
● stay aligned with long-term plans
● avoid rushed financial decisions
● focus on execution rather than damage control
When aligned correctly, term insurance strengthens the foundation on which investments, savings and retirement plans are built.
Choose the Right Insurance Partner
Once the need, coverage amount and role of term life insurance are clear, the final and most important step is choosing the right partner.
This decision should be based on:
● clarity and transparency in policy terms
● a strong claim settlement track record
● consistency in servicing and communication
● the ability to support long-term financial planning rather than just selling a product
Term life insurance is a long-term commitment. The partner you choose today will be the one your family relies on years down the line.
When protection is aligned with purpose and backed by a dependable insurer, term life insurance becomes a quiet but powerful part of a well-built financial plan.






