Taming The INFLATORY TIGER!!!!!

In this globalised economy external environment really plays a significant role in establishing the economic stability of a country. And when it comes to India, though economy is domestically driven, it has also been affected by the external factors of the world around.

• Greece’s, Portugal’s and Italy’s economic viability and fiscal position deterioration is a concern.
• Brent Crude price in the upcoming months is still above US$ 110 a barrel, even after International Energy Agency’s (IEA) decision to release 60 million barrels of crude oil.
• Food and Agriculture Organization’s (FAO) food price index is 39 percent higher in June 2011 as compared to the same time last year.

These are few international factors which are constantly applying a lot of pressure on the Wholesale Price Index which can be clearly visible through the inflationary trend remaining close to the double figure and hovering around 9.2 to 9.7 percent.
Domestically if magnified then it points out to certain factors which are responsible for the Reserve Bank of India’s (RBI) tightening of the key rates by 50 basis points(bps) resulting in Repo Rate hiked to 8% from 7.50%, Reverse repo amounted to 7% and Marginal Standard facility rose to 9%, are:

• Index for Industrial Production (IIP) was revised and suggested that some moderation is under way because the index dropped to 5.7% as compared to the 10.8% in corresponding last year.
• Though monsoon throughout was even but the south west monsoon has been a tad less than normal and the KHARIF sowing this season in July, 2011 with respect of pulses, cereals and cotton has been lower as in the same period last year.
• Fuel inflation rose in this quarter of 2011 but the aviation turbine fuel got spared.
• Wholesale Price Index was 9.7% in April, 2011 and the Non-food manufactured products inflation was 7.0 per cent in the same period.
• The Reserve Bank’s estimates show that the total flow of financial resources from banks, domestic non-bank and external sources to the commercial sector during Q1 of 2011-12 was lower at 2,40,000 crore as compared with 2,63,000 crore during the corresponding period of last year.
• The Minimum Support Prices of Wheat and Pulses also rose coupled with the Wage-Price Spiral factor also ignited the inflatory prices in the market.

All these factors clearly highlight the pinch a common man’s pocket would be feeling looking at the prices of some of the essentials or the basic necessities going up ranging from milk prices to the fruits or vegetable prices. And also because of further tightening of the rates by the central bank commodities from automobile to acquiring of house all would be dearer to the consumer.

Although the key rates hike is to fight the inflation down but the domestic steps taken by RBI can’t be solely responsible for taming the inflatory tiger in the domestic market rather the appropriate monsoon for the bumper crop and the tamed fuel prices globally also are imperative factors to be considered.

A Supplicant or a Powerful Countrymen ????

A farmer with land is really sought after today, irrespective of the land being fertile, what the government wants is just acquisition of the land for so called development to happen in the rural areas. I find it ironic, first break the grip of the sole livelihood earner of the family, snatch his assets and then vows to make progress.
This is just an example of what is happening in almost every state of our country. Government sometimes forgets that it is for the people and only for them. Increase in GDP of the country is not the sole criteria for making progress in the society rather increasing the satisfaction level and happiness across the countrymen is the lynchpin for success and development. And to make this possible government needs to unsolve many labyrinths but two basic mazes are discussed as follows:
• Land Acquisitions- As we talk about land acquisitions in India adjectives like forceful, brutal, cruel, barbaric, inhumane and many more words strike our mind and all these harsh adjectives are against farmers (one of the poorest section of our society) and pro industrialism. Singur, Nandigram and Greater Noida are some of the examples to tell the gloomy tale but still the government has not come out with a deal to balance the required development which is essential for the country and the rural domain progress. Land is extremely vital in this densely populated country but snatching it from some and offering favor to others is not at all acceptable.
To sustain the farmers’ happiness and income generation factors making them the stakeholders of the particular project for which their own land is used would be the best possible solution rather than snatching their land and letting them die as a pauper.

• Inflation- Whether a person knows about it or not but this word is in everyone’s vocabulary these days. In any casual talk between parents or friends or any common man this nine letter word has its place. The reason is, everyone in the society has its burden on their shoulders. From corporate to the normal society everyone is bearing its brunt. And in this stage a customer is turned into a supplicant and is forced to ask for subsidiaries in every essential item for its living from the government and even in subsidiaries when the government decontrols certain products and black marketing, hording happens then it becomes a situation of grid lock and so where to go? How to insulate oneself from this price rise? In this situation again a systematic involvement on IT with a gargantuan scheme of using AADHAR in distribution of subsidiaries would be really affective as it is thought now by the apex body but its implementation is still a concern.
So to empower the countrymen with choices in their lives solution of these two basic but sever problem is a must. And once these roadblocks are solved and action is implemented to minimize them, the country’s happiness index would definitely improve dramatically though GDP would continue to soar (but GDP is not the real success for a country).

The Real Happiness!!!!!

Six figures salary, a beautiful small yet well designed and eqipped home, a small car, beautiful yet stylish laptop, small and happy family et on et on et on.... Desires would never cease and mind would never stop asking for more but have you ever thought that with this comes many problems attached to it; taxes(and there are many), maintenance of all the assets which is really time consuming and infinite family concerns. After facing all the challenges with great zeal there is no energy left to celebrate the real happiness. So if this is not the real elation then what is that which we are living for?
Now when your child speaks truth, when a butterfly enters your room and you get amazed to see its color glutted body, when you make some little child happy in slums when you give him a small toy car and he/she says THAKU to you and runs that smile on your face is the real curve of your lips, that is the real zeal and that is the true happiness....
But how often do we encounter with trueness of our elations - that is a rarity and its an elusive dream. But to make these rare moments turn to often moments we much react to our inner humane behaviour. We must contribute towards the situation to improve it and if we cannot take an active part in it then we must try to make that aware in the masses which could give it back to the society. If you cannot create a change then don't try to hamper others too. But just not trying and loosing hope would not make you really elated though material happiness can be achieved but for true happiness you have to strive for and walk that extra path out of you materialistic life...

Suffocating Freebies!!!!!

Not indulging in who won and who didn't, not counting the differences in the votes, not even evaluating the results of the polls through this article rather it's essence is in the backhand activities of our so called The Knights and their clunkers. The politicians in contemporary India believs in one time service(just b4 the elections) and succeed in their motives.
The same vicious circle was woven this time again. Distribution of coloured television sets, rice, wheat etc etc and on and on..... Last time expenditure on freebies to woo the voters or customers (to ask for favour in return) and you are in the main frame as the Chief Minister of a state. Some freebies are tangible in nature in some states and some are intangible in nature. Promises and short term development ideas, CHANGE and many more intangible views are sold to collect votes and you know what, you are in the frame........ Just be a great orator and throw your freebies of any nature, the better the quality of either the speech or the product the more votes you get.
I am not here to blame the candidates who are willing to sit on that powerful seat but the blame is on the people of our country. Just for a tv set give him/her the vote? What after the results of polls are out and a candidate becomes a CM? Then the same old story for the next 4 years(roads pathetic, sanitation appaling,eduaction for the children at naught etc) and then freebies in the last year.
People be pragmatic, suffering of 4 years and 1 year of products and you are satisfied and shower votes. Through freebies the candidates are stifling your democratic right and you open your mouth with same pleasure to get stuffed with the same old dirty cloth which was used 5 years back.
Stop opening up the mouth now!!!! Better starve for a year but give your blessing to a person who can take the same old cloth, wash it for you, give it to you with a neat fold to use as a hankerchief............. Think and Act

Abbottabad or Obamabad??????

Last week in the wee hours of the day The most wanted terrorist on this earth was brutally shattered to death by the US SEAL(Sea, Air and Land) warriors and the most shocking aspect of this hollywood type cinematograpic killing of Osama was that the territorial head where the Mission Geromino was accompalished were not aware at all of what was happening in Abbottabad.
What can be said through the same? What can be brought out to the notice? What makes the attack on Osama more shocking? The answer is the Americans' authoritative dimension. Blocking Pakistan's radarfeeder to give way to their coverted mission justifies the same in a potent manner. But we can not blame Americans' for the same and Pakistan also should not cry for their breach of sovereignty.
Now after the attack fingers are pointed towards India and its capability to carry such attacks when we are sure that it's most wanted man is residing in it's neighbour but I feel that the situation in which Ameriis and in which India is completely different. With Dawood our Kashmir regions peace and prosperity is also linked and it can not be solved by a coverted mission by killing a being, this labyrinth (Kashmir) can be solved only by state to state talks.
Situation moulds the way to deal with it. But hats off to such a gutsy showcase of precision and bravery of SEALS or USA or OBAMA!!!!!!! The place should be named now OBAMABAD from ABBOTTABAD and even it will not be named after Obama this name will be written in the history of Abbottabad.......

JUGAARD-O-VATION!!!!!!

Might be bewildered by the hybrid formation of the word from the combination of Jugaard and Innovation but that is what signifies the most astonishing philosophy used by billions in India. Be it the farmers, hosewives, management honchos or beginners going to school, every body is well versed with the effectiveness of the word Jugaard and its implications.
The word can be tamed as a process which simplifies a phenomenon and gives an easy way to carry out a task. The task can be to jump over many obstacles and hurdles to make the work simpler or to bring about a change in the complex issues.
People around the world call it innovation in various fields with hell lot of investment put into to bring about a new idea into an implementation stage but in our country millions of ideas sprout up in various district in many states to improve their process of working and that too cheap and with very less investment inputs.
Take an example of punjab green lush fields(before the tractors venture), farmers in swathes found it difficult to irrigate their land, so they invented a four wheeled cart with generators fitted over it carrying water tankers for irrigation(a perfect Jugaar) but then this idea ventured in tractors and machines.
Business Honchos use this jugaar to simplify license raj process with the politicians and so they erupt corruption in the system too.
This jugaar-o-vation so even influences new ideas but also in some way or the other poisons our system with corruption and blakens the blood.

But at the end this coined word has become an integral part of our lives. And it also signifies the soaring intellect level of our citizens.......... What you say?????

Gargantuan Win at an Appropriate Time!!!!!

Gaze through some interesting facts below:-

• Seven Quaters of recession has crippled its economic engines.
• Gross Domestic Product is in negative.
• Unemployment is about to cross an appaling 20 percent.
• Budget Deficit equalling almost 10 percent.
• But, atlast an Awe-Inspiring FIFA 2010 World Cup Win...

The last pointer clearly enunciates the country about whom I am talking about, yes its SPAIN.

A fantastic win in the latest edition of world cup was really fantastic and even fortune favoured it(Dr Paul Octopus, prophecy master) and we all knew about its win a day before :).

But except the last mentioned fact all the above one reflects the pathetic economic condition of the country. Spain accounts for 12 percent of the eurozone economy and as we are aware of the dismal fiscal condition of the zone the country's condition is inevitable.

But what i feel that in this time for a crisis crippled country like Spain, the world cup win should prove to not less than an economic stimulus. The country is now a world champ and many people around the world are crazy to unveil facts about the country, its players, its culture, environment and many more things. They would want to visit the country and explore its facts, in short people will be excited to be associated with the name Spain.

This would definately result in the soaring up of the tourism sector, it would inject more and more foreign currency into the country's malnutritioned economic scenario and this would automatically maximize the SPAIN's name through out the continents.

According to me its an advantage bestowed to Spain to come out of its crippling situation and to boost its economic strength to the maximum, but this can only be possible if the government takes the appropriate this would turn out into a boom for the country.

What say!!!!!!