Tuesday, July 30, 2013

The falling rupee

1: Lending rates not cut to bring stability to the already existing volatile market.
2: Liquidity cannot be increased now for similar reasons.(Increase in liquidity required rates to be cut)
3: Since liquidity is not increased it will certainly lead to negative growth hence leading to inflation.
4: Hence inflation needs to be checked.
5: Measures to stop imports and increase exports should be taken.
6: For growth rates should have been cut to increase investment sentiments.
7: CAD is also going to affect the economy if proper measures not taken now itself.

Monday, July 29, 2013

National Food Security Bill

This historic bill which will entitle 67 % population of our country to subsidised food grains to check malnutrition and hunger issues for a certain segment of society like the old,children, lactating and pregnant mothers. It is very much debatable that in times when the current economic scenario of our country seems to be very weak with growth pegged at 5% and a huge current account deficit . The government should not have come up with this kind of populist measure which many people are considering it to be seeing the forthcoming Lok Sabha elections. The things that should be seen here clearly in the bill is that it is going to make right to food a legal duty enforceable by the courts which in itself is historic as it would be first of it's kind legislation.
                                       As mentioned in the constitution of India in the form of Directive Principles Of State Policy that it should be the responsibility of the state to look after the social , political and economic needs of the weaker sections of the society and provide measures to look after their welfare. This bill seems to be in sync to the mindset of the constitution makers but since these directives could not be implemented since independence due to lack of finances it is the duty of the governments to put these principles in consideration while formulating laws.
                                         Though the bill is aiming at achieving the social directives mentioned in the constitution as being a developing nation it's duty is to be a welfare state. It should keep in mind the other scenarios also that might ruin the india growth story as with already a demand for subsidy cut in all spheres to cut down on the current account deficit.
                                         It should have proper grievance and redressal mechanisms put in place to check leakages so that the people for which the provisions are being laid down are benefitting from it. PDS of all the states should ensure that delivery is of proper quality. Once this thing is taken care of properly it will ultimately lead to healthier children which in turn will lead to a healthy india and propel growth in long terms.

                                      

Wednesday, April 10, 2013

Sangharsh

Lehron ki uchaiyon ke uspaar dekh pate

Unki ufaan ko mehsoos jo tum kar pate

To shayad tum sangharsh ko mehsoos kar pate

Un toot ti bediyon ki siskiyon ko sun pate

Samay ke jatilta ko jo tum samajh paate

To shayad tum sangharsh ko mehsoos kar pate


Dhalte sooraj ki garmi jo tum seh paate

Raat ke sannate ko jo tum sun pate

To shayad tum sangharsh ko mehsoos kar pate

Dharti ki kampan jo tum mehsoos kar pate

Prakriti ki vividhta ko jo tum dekh paate

To shayad tum sangharsh ko mehsoos kar pate

Udaan

Aazadiyan jinki hai talaash
Milne ko hai jinse dil aatur 

Saaye ki hi shakal mein hain
Mil paana hai mushkil jinse

Rukna hai jisne seekha
Waqt ko jeetna usne seekha

Aazadiyan usi ki hain
Jisne barbadiyon ka
Jashn manana seekha







Thursday, April 4, 2013

Banking Regulation Act 2012

Key Points:

RBI given powers to have control over board of directors.
RBI can issue more licenses to banks.
It can ask for security deposit if someone buys 5% shares of a bank.
It can look into mutual funds and internal books of banks.
Mergers and acquisitions should be done only on the approval of RBI.
The money from unclaimed accounts should be transferred to an depositor education and awareness fund.
More voting rights for investors.
Stamp duty exemption.
More investment required by public sector banks.







Monday, March 25, 2013

gokarna

The place of Lord Shiva which has people indulging in all the sacred activities beneath  an open blue sky which stretches beyond any boundaries and the setting sun makes you revel in the most scenic and beautiful sunset which I have ever witnessed. The wind and the waves fighting it out to create a melancholy that urges you to just sit beside them and let them hit your face with a message that " thou art a fool".A fool who indulges in the vagaries of life and thinks about the worldly pleasures in turn loosing out on the intrinsic pleasure which nature has bestowed upon us to witness and be a part of that experience to make it one of the cherished moments of your life. The moment when you were all alone with no one besides you to worry about ,no one besides you to trouble you , no one to say hurry up you are losing the race. Such is the magic of the place that you start wondering of setting up a shack there itself and spend rest of your life deciphering and solving the mysteries that the nature has got to offer. The waves coming and touching your feet,sinking of the sand beneath your feet giving the clue that everyone has to sink one day into the same sand and the more closer you get to nature more clearer are the mysteries of life. The waves clashing against the boulders in midst of ocean and on the shores depicting the struggles of man in his life.Then the peacing out of waves representing the ways  a man sometimes gives up but then stands again and strikes the huge boulders to break it down through a process of years is exactly symbolic of the grit and determination of great men. Arrival of them on shore marking the entry of a baby into this world when all people on the shore rejoice by being a part of that phenomenon by jumping into it or by lying down and relishing the moments just quickly followed by the retreating waves depicting the departure of someone from the world as soon as someone new comes into the world. The retreating waves make people sad and wait for another one to come and hit them once again to rejoice the moment. Thus truly depicting the cycle of life and birth and the period between it. This is what nature shows and you can decipher it if you are yourself a true nature lover.

Tuesday, January 8, 2013

Hey Jude

Hey, Jude, don't make it bad
Take a sad song and make it better
Remember to let her into your heart
Then you can start to make it better

Hey, Jude, don't be afraid
You were made to go out and get her
The minute you let her under your skin
Then you begin to make it better.

And any time you feel the pain, hey, Jude, refrain
Don't carry the world upon your shoulders
Well don't you know that its a fool who plays it cool
By making his world a little colder

Hey, Jude! Don't let her down
You have found her, now go and get her
Remember, to let her into your heart
Then you can start to make it better.

So let it out and let it in, hey, Jude, begin
You're waiting for someone to perform with
And don't you know that it's just you, hey, Jude,
You'll do, the movement you need is on your shoulder

Hey, Jude, don't make it bad
Take a sad song and make it better
Remember to let her into your heart
Then you can start to make it better