Indian Finance Minister has advised people to remain calm.
He says, “For every seller there is a buyer “so deliberate before you sell.
Will anyone think of selling in this turbulent market?
Does not selling stocks seem whimsical at this concurrence?
Shares bought at the height ,will fetch a paltry in lows.
An investment of 25,00,000 .RS ,is now in the level of 12,00,000Rs.
The ups of the sensex index were mere speculation.
The downs are beyond imagination.
Both are a fallacy.
There is eerie of silence, extraordinary pain, and unfathomable delinquency ,prevalent all over.
In a way, the Public sector banks in India , are fairly under control.
Their steady advances, low profile status, apprehensive allowances, firm stature,guarded approach,trying regulations ,and definite targets have enabled them to withstand the bloody streaks.
Economy has run astray in the hands of treacherous politicians and avaricious executives.
A nation cannot continue to pamper the manipulation and dastardly acts of the governing representatives.
Sobriety and frugality should set in.
Rending cheer to the morale of the people is not sufficient
Asking them to be composed , is a slipshod compromise,
The real effort lies within the goverment machinery.
Frugality in spending, simplicity in behaviour, transparency in transaction, impartiality in advances, methodical in investments, justice to all, financial inclusion of the poor, nominal interest, making repayment of loan a must to all sections,are certain allocations the Finance Minister has to look into.
I retrospect the restricted era of finance.
I introspect the periphery of liberalised epoch of economy.
I realise the values of self strength,undaunted faith ,inimitable tolerance.
Shakespeare gives me the cue,
” No one can master the grief except the one who has it.”
The intrigued investor has to endure the pangs with stoic fortitude,all by himself.
Meenas Poems 