Category: turmoil

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Terrorism Unabated.


Indonesian capital Djakarta  was a victim of a bomb blast today. Six people lost their lives. The two high end hotels Ritz and Marriott were targeted. Incidentally these two hotels are owned by the same person.

These two hotels  are run with great caution. The security is at its best.How did this happen?The perplexed state of affairs is prevailing.No one is able to decipher what it is all about? What for these two hotels chosen  by the attackers? Why did this blast enacted?

It is unbelievable.Ritz was ripped inside out. The pictures look horrible. The suicide bomber has perfectly ccommissioned the blast.

We sit  and watch the world perish in miniscules.

We  sit and espy the ghastly bloodshed

We sit and perceive the drama of terrorism.

We sit and experience the rational suffering.

We sit and accept the death knell.

We sit and digest the horrendous gravity.

We sit and do nothing to stop them.

We sit and say loudly that it is beyond our capacity.

We sit and put the blame on others.

We sit and deliver nothing to maintain peace and harmony.

We call ourselves Human.

Human means no feeling.,

Am I right?

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Trade And Commerce-The Indian Way.


Business lacks ethics, in general,more so in India.The righteous path, the direct approach, the minimum gain, and maximum satisfaction  are the four virtues of  trade. But ,such a straight forward scripture is an outdated  ,obsolete unrealistic ideal.

Commerce is a transaction, between individuals,between companies,between manufacturers,between nations.It is similar to barter of yore. In primeval ages rice was exchanged for metal, wheat was  bought by selling befitting quantity of   vegetables,fruits were procured by disposing cloth,meat was transacted for fodder, cattle were bargained for provisions. This system knew no currency,Money was an alien word. The trade had its own course of movement. There was no intermediaries, no brokers, no transaction fee, no commission, no service tax, and no sales tax. All these “no’s”,kept things in beautiful shape . The progression was present . The durability of prosperity was exemplified. There was consolation.There was enough pride. There was enormous happiness.

Later on, Trade and Commerce underwent a metamorphic transcendence. The currency was introduced, to simplify the process. Instead it muddled up the entire industry. The Pandora’s box was let open. There was an en wrapping methodology of  chaos.The currencies took different names, such as dollar, pound, lira, rupee.They also had varied values.They were in proportion to the gold reserve of the respective country.

With money’s advent, the hornet’s nest was resurrected.The business practice assumed a significant deviation from the accepted norms. The Indian way was a predominant throttle that dumped the integrity,and sincerity to the gra ve.The Indian businessman took law unto his hands. He hoarded goods, shelved them in godowns, bribed the officials, and entered into unholy nuances thus demeaning the sanctity of business. Trade , is a child’s play in his hand.Commerce is a puppet like show to this Indian tradesman. He makes politicians dance to his tunes.The cabinet is at his beck and call.The policies are framed as per his wish. The rules are amended as per his whims. The reinforcement of schedules are according to his fancy.The banking sectoe are under his thumbs. The stock exchange dangles to his nods and nots.A dissenting voice is subdued either by force or by money.

The Indian top businessman moves about in kingly dimension. The export and import are a branch of his manipulating majors. Thr tricks he let loose are impressively baffling.The  scheming ,he  deploys  are insensitively wicked.The connivance, he converges is irradically contemptuous.Yet he makes merry,at the expense of his nation. Yet he revels in gaeity at the cost of the people.Yet he enjoys ultimate bliss  foresaking the prosperity of the country.

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Budget 2009-Old Wine In new Bottle


Pranab Mukerjee has come out with a budget which is neither sensational nor a bore. It is lacking in impetus .It does not predict any positive diaspora. It is an uneventful presentation, and an uninteresting compilation. Every year , the nation witnesses a similar enactment , though by different ministers.Pranab quotes from Kautilya, Chidambaram from Tirukkural.They add colour to the Budget,but have no connected  investigations. Quotes are good to hear, good to memorise, good in orations, good as an interlude,while listening to the monotony of fiscal statistics.But ,fail to produce a serious impact on governance and reforms.The maxims and sayings are just like spices in dishes. If the main dish does not turn out savy, the addition of spices is a mere waste of exercise

Education , is the core sector , that has to be be keenly observed.

The IIT’sand NIIT’s are getting Rs 2113 crores.Female literacy , is given a momentum.Banking and Insurance are to be with the government. Pranb is following the footsteps of Indira Gandhi. This has been in vogue for 30 years.

Employment, is to be provided for twelve million  new jobs. How is the government going to  provide it? A scepticism prevails Tax sops are not found, except for the abolition of fringe benefit  tax.
The Budget  is devoid of lustre,  bereft of dynamism. It is a cautious tread over the irregular functions.

A break into the accepted idealogies is the  quick need . An indecisive , monotonous approach is not going to bring in growth. This drab approach will stifle growth. A negative trend will set in. The sixty years of independence , has not brought in high level progression. Governments are churning the milk, that too not vigorously , but in a dull speed. Generation after generation speak about the rich heritage,  bask in reflected glory. There is no charm . India is pictured as a land of snakes, a region of poverty, and a terrain of teeming population. harbouring various infections. When are we going to come out of all these  implicated details?

The Nation expected a buget  of credibilty, of susteneance and of growth. Obsessions  with age old customs  and ceremonial  practises  should be ripped off. Getting into the actuals, analysing what is the requirement, coming out of the clutches of big shots , should form the quorum of the government.

Freedom from all entrappings, whether it be from business tycoons, political big wigs,  should be discovered . Put your nation first,  think about your people first, work for the progress first, only then we can secure real prosperity . 

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Deficits Many


The deficit which is talked  with firm measurement, which is addressed with grea t attention , which is followed with much curiosity, and which finally aims to clench the hot spot of the arena is the financial discrepency.

Finance plays a vital role in this materialistic world.  Most feel that finance is the be end of  the entire discretions. But , it is not so .Finance , is a trivial echo of the assigned portfolios of man.The money, we earn, is to be utilised ,for the welfare of the family in particular and for the uplift of the society in general.The deficit ,we experience,will surely land us in unthinkable trouble. The existence will become difficult. This suppressing tension will lead to mental spasm. The insecurity which arise  will affect the mind. The  complex developed will assume gigantic proortions , once the  tighteness inthe resources arrives at a determintal level.

The restlesness of the mind  is so oppressing that the physic gets waned. The exhaustion numbs the mobilty.The strained  physic makes  a detiorarating stance. .The illness that afflicts the body plays havoc  rendering it a bag of bones ,capable of doing nothing.

The financial instabilty ,if taken seriously ,brings about a cyclic reaction ,as seen above. The alluring deviation of material abundance should not cross the human existence. This ups and downs in prosperity , is but a normal occurrence , as we perceive dawn and dusk. A too much attachment to worldly pleasures , turns life unworthy. It derides the quality of living. It throws out of proportion the beauty of life.

A detached equanamity  towards material pursuits will enhance the essence of life. Care and caution are to be enforced to monitor wealth. But that should not become an obsession. There are other distinctions that have high value. The formidable revenue ,we get from life is not material wealth but an overallgrowth of personality . The showcase of richness is not money , but the physical wellness and mental contentment. Happiness does not come in pounds and dollars , but in the outlook and perception, in elegance and style, in approach and advance..

 

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Inflation Negative.


Inflation is not growing . It is showing negative trends. This is being propounded by all Indian Newspapers and newswires. I have my own doubts.

Today the government has announced a rise in petrol prices by 4Rs and diesel prices  by 2 Rs. This will give a jump in fares of public transport system. The common man will be affected. The trains will increase the cost of the tickets. Airlines will jack the  fare with the escaltion in fuel cost. They will  air lift the taxes.The freight despatches will become expensive. This will ultimately promote enhancement in the cost of provisions, vegetables and fruits. The manufacturing industry will be accruing heavy toll in the procurement of raw materials and outbound conveyance of finished goods. The circle is  painstakingly completed.

The price of  essential commodities like rice which was sold at 20 Rs / kilogram last year , is sold at 40 Rs  now. This price is for the uality rice. Simaltaneous hike is revealed in other food stuff also. Dhal is up by 20%. Tamarind by 50%. Sugar by 12%. coffee by 60%, Tea nearly40%. Vegetables are not left out. Tomatoes are range bound from 20 Rs -30 Rs.Potatoes remain constant. Carrot, beans, brinjal , cauliflower have shot up. Peas and capsicum are touching new highs. Onions and garlic have increased marginally.The fruits also reckon high growth in prices. Oranges and grapes are fetching high  money.Coconut is the only commodity that is facing inflation negative.

So much so . with the commodities sector ,which are raked by the rising . The precious metals shine so costly that the up rise is beyond comprehension. A gram of gold is about 1369Rs. Silver is no lesser than the yellow metal . It is about 23.90 Rs per gram..The land value is putting me in deep deliberation. A piece of land which was sold for 300.ooo Rs a few years  back is  1. 5 million now.  A  small time  land owner will automatically become a millionaire . What a phenomenal rise. All things make me swoon, render me dizzy. I need help both physically and financially to survive the test of times. But , I see no light.

Yet the government calls it out that there is down trend in inflation. The little economics ,I know , makes me count otherwise. How do the analysts reckon such a data? I am at a loss to understand the principles of economy. The rudiments of business never get into  my head. I feel ,there is something radically wrong in my upper chamber.God forbid!

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150 Years-Madoff


A century and half  has been granted for  71 year old Madoff by the court of Justice. The swindler was sentenced to spend the rest of his life in prison.A man’s life span is normally 75  years. Madof f, if at all lives , can be moving about for 4 more years. Where is the meaning for 150 years. The pronouncement , judiciously sounds permeable , but in actuality seems far from reality. the long imprisonment  is not going to happen . The judge, who  rejected his bail plea , has given the maximum punishment to the author of the extraordinarily evil Ponzi scheme  

Debating the issue of imprisonment, we come to a closer scrutiny of the scheme. The veiled  Madoff scandal, if lifted will throw many skeletons from the lockers. The shrewd hypocrite has subtly targetted the vulnerable  points, such as greed, fragility, over enthuisam of the investor. The  investment sentiment  has been thoroughly exploited by this devilish scheme. A relaxation , an easy mode of deliverance, a quick short time multiplication, an increased feeling of security, and the cajoling procedures  have manipulated extensively the faith of the investor. The funds poured in and  has disappeared in same acceleration.

Madoff rejoiced.Madoff reeled in wealth.Madoff maddened everybody, once when his trachery got exposed. Most have lost everything they had. Many have  been fooled . Madoff has accepted his crime and has expressed his regret. He says , he is sorry about the whole affair.

Remorse and regret are fine sentiments the world will acknowledge. To err is human , to forgive is divine goes the maxim. But the hopelesness is hard to cope up. The tears welling up in each and every eye of the participant of the Ponzi scheme , are evidences of  the horrondousity of the tale. The haplessness of thousands of people remains unanswered. Ripping him off of his wealth and funds , is a minor way of appeasing the tormented mind. The truama is hard to be effaced. The sentence ,could have been off a different strata, instead of this century and half.

The Ponzi scheme , has brought to light the  metabolism of the  conniving deceit. It has laid bare the fact of thorough ill conceived materialistic  pursuits , which lead to a gross evaucation and torrid  infringement. 

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Relaxing For Reliance, Taxing The Mass.


The major policy decision of the newly formed Indian government is to free fuel prices from State.Oil minister Deora told reporters “It will go to cabinet.It will be discussed soon, within six weeks. The main beneficiary  is Reliance Industries, which will reopen its retail network.

As congress has formed the government on a strong base, away from the communist clutches , the market based fuel pricing will turn out a reality soon. The subsidies that were imposed to keep the price under control will be withdrawn.The wide fiscal deficit that arose out of artificial suppression of fuel price would be reduced , if the state delints itself from fixing prices.

Market driven pricing also will curb the use of fuel in India.These aspirations of the congress government will find a swift approval in Parliament. But the uproar and upheaval among the mass are hard to predict.

India , is a thickly populated country, with the majority depending on public transport. Once the subsidies are taken back , the fuel will surge high , resulting in the increase of fare in transport systems. The elections  are over, and the people have voted congress to power, with the desire that a stable federal government will bring growth and prosperity to the nation. This immediate decision of Manmohan singh  cabinet ,is a bot from the blue. The governance , instead of aiding the mass, is allowing a giant industrial power to renew its retail network, thus working significant profit.

The major oil companies . Indian oil, Bharat Petroleum, and Hindustan Petroleum corporation , stocks rose between 8-15%.Deora has assured that the he will see to it that fuel reach people at the right time and at the right price.

The sustenance of deregulation is  a big question. How long? and How well?.Crude oil is  making a forward move. When the price reach a high of 75$ , the plug in of deregulation will phase out. Kerosene prices are sold in  public retails with a huge subsidy , will shoot up , leading to a chaotic trend , as the majority depends on it . The extension of price hike in this sector . that is kerosene , will trigger a mass agitation. It looks like a political blunder.

Governance is a sure ,spectacular ,eventful ,sprightly affidavit. The essence of it lies not in haphazard  ,hurried provisions but in meticulous ,well planned, thorough thought out operations.Majority and strong base should not be misunderstood to be autocratic  and  dictatorial evidence.

 

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Kick Start The Economy.


Motor cycles used the mechanism of kick start. The pushing of the ratchet lever with one’s foot was a startling and tiring experience. The rider ,many a time engaged in giving several kicks before the engine started off with a roar. It was an enjoyable pastime for me, when I saw my siblings do it with ardent  fervour and defined attention. The missing trail ,sometimes accrued in tens and twenties. Then mostly on the twentyfirst stroke they hummed , then grunted , finally thundered ,as they gained momentum.

The economy which was in the lowest ebb a few months back is meandering into a modest step out. The rummaging of the archives of the past , the lessons from the previous epochs of depression, and the splashing anecdotes which punctuated the era once in twenty years , that of outsourcing revolution of 1990’s .The decade of 1960’s was one of affluence. Automobiles,chemicals, aerospace and housing worked out the prosperity of this period.The oil producing countries experienced a rapid growth in economy. Japan found its economy booming. U.K and U.S had encountered a stagflation The third world countries which adopted the green revolution made a steady progress.Corporate raiders developed new ways of taking over companies, by issuing inflated stocks and developed other schemes that led to crackdowns This was the predominance of 1980’s , when large banks crashed, because they increased  interest rates ,which led to the default of the borrowers.

1990’s was  a period of prosperity,marked by low inflation and low unemployment.The next ten years  saw a dramatic turn of events.There was a faint resemblance of recession,but not of much a distinctive promotion.

Now, the immediate decade,had a beating and the slump was so severe  that the global whirlpool has devoured the fruits of the  economy and rendered it hapless .

The alternative to outsourcing is the green house gas emission . This new technology will pave the way to a glorious epoch of progress and stabilty.

 

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Stabilising The Economy.


Economy is in the recovery path. There is a a slight turn around. There appears a cheerful outlook. There is a direction for a stability fixture.

The nuclear test  by North Korea has sent waves of  danger and signals of risk, that there seems to be a minor set back in the otherwise prospective outlook.The U.N and most nations have condemned the North Korean attempt. As the experiment by North korea is successful, the countries mainly U. S feels  little insecure. It is an acid test to Obama , who had called for destruction of nuclear weapons. It is a violation of security council says the U.N.

The 1990’s  was a period of dull gloomy paraphernalia .The economy was sinking . As the pressure  inthe propriety of finance mounted, there was a sudden uprise in the form of Information outsourcing. The export   of knowledge , the sharing of revenue, the import of jobs by the growing nations to the developed countries worked a marvel . The prosperity was in exuberance. The giver of employment and the taker of jobs were evenly happy. The exim policy was like a magical wand , though in a different spectrum. Usually , the exim policy was based on the fundamentals of  suppy of manufactured goods and  raw material  . the 1990’s perceived a transaction of  service.

The present stature calls for an acute motivational strategy, that of the regime of emission.There are three pivotal positions  in this regime.

1.Fiscal regime with quantity targetting.

2. Fiscal regime withprice targetting.

3.Monetary regime.

We have to transform the demand for money into the demand for public goods.As demand for money increases, demand forpubkic goods increases,which leads to  an enincrease in public goods.We may call this as anenvironmental automatic stabilizer.

A country adopts monetary regime of public goods, other countries have to automatically follow it up, leading  to a mitigation of international free rider problem. banks should hold emission reducers as foreign reserves.

So the next set up for the revival of economy depends on the regime of emission. We have to legalise the system of green house trading.to sustain the economy. A new avenue is on the anvil, to exploit it or to discard it ,depends on the government policies world over.

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Political Volcanoes


Volcanoes erupt emitting fire and heat. They let out gas ,hot molten rock ash.

The political volcanoes of  recent times, are  the Taliban in Afghanistan, the Liberation Tigers in Sri Lanka, the Iraq conflict ,to name a few.

The Talibans ,are a ruling faction Of Afghanistan. Their rule was conspicuously marked for the treatment of women. The intervention Of U. S added fuel to the fire. There is an excessive case of damage ,emphatic turmoil , and unnerving deaths.

The Liberation Tigers Of Eelam, as the  Tamils of Sri lanka, term themselves . are fighting for a separate country based on the language. They had relentlessly been fighting for  33 years. What started as a demonstration for equal rights , has crystaslised into a controversial military hampering.In the years , there was a large scale exodus to India , Canada, Britain , France an Malaysia.There was also a predominance of casualties on both sides,  that of life, buildings and peace.

The Sri lankan  volcano has erupted finally with the death of LTTE  leader Prabhakaran.It must have been a gruesome confrontation. The people of the island crave for normal life . Not a day passes without the sound of the guns.

The  Iraq war has many conspiracy theories.George Bush invaded Iraq , for combating terrorism and also for U.S dominance over oil. The second reason may sound erroneous, but there is a little truth also. The war , has sacked Saddam Hussein, has disturbed the tranquillity  of the region, and has resulted in enormous bloodshed.

Political Volcanoes  are much more severe than natural Volcanoes. Nature’s fury is beyond our control. But this man made aberrations could have been easily halted , in their initial stage , if the concerned , had considered liberalisation. Letting a fair deal is  a sign of understanding, a signal of  compassion and a significant reaction to violence.

A smile litters the mind. A sincere attempt reinforces the foundation. Swelling pride and serpentine endeavours have  shrouded the  frequent negotiations. The net outcome is bloodshed.