Monday, 30 September 2013

Blood suckers as they are:

Birth with tax, death with tax and confronted with some tax or the other throughout the life, one is supposed to remain burdened with taxes of different kinds all through and this is life in a country like ours, India. What the citizens get in return are a nullity with no kind of any security, physical or financial, for the common man. The ads released by the government through different channels of the media from time to time highlight the need for taxes for the development of the country. This is nothing but a hoax. On my way to Lucknow (U.P., India) the other day my car had to have a compulsory halt at a toll tax barrier in the midway. The prescribed tax being Rs.60/ (one way), it was paid which only sometime back was Rs.40/. Why this bumper jump in the matter of the rate? The reply was that it was for the maintenance of the road. The passengers are required to pay such tax almost on all the roads wherever you travel and if all these roads are financially managed by the toll tax so realised, what for the vehicle owners are compelled to pay the permanent road tax otherwise. In fact the huge sum that accumulates out of these taxes is used more for the exorbitantly lavish life style of the upper strata of the people involved in governance than the common people. They are the people who suck the blood of the common men in the country in the name of some tax or the other enjoying life at the cost of the public in general.

Thursday, 26 September 2013

Parallel University for fake degrees:

Universities are there as holy institutions to impart necessary education and training to the students enabling them to secure a better career in life. But there are fake versions for every thing in our country and the universities too are no exception. A gang led by one Kamlesh Gupta alias Raju belonging to Chandrashekhar Azad University, Kanpur (Uttar Pradesh, India) was recently unearthed by the local police who arrested all the gangsters on the charges of developing and distributing the fake degrees to their customers by charging heavy amount from them for the purpose –the minimum being Rs.5,000/. As exposed by the police, the list of student customers is too big and many of them have already been able to secure their admission in different colleges and universities for higher studies and even getting employment in different organisations with sumptuous earnings. The fake degrees the racketeers used to sell included that of MBBS, B.Tech, M.Tech and the likes. In fact the police should have arrested those also who were the beneficiaries as from the racket as they are the ones equally responsible for the perpetration of the crime.

Sunday, 22 September 2013

US Dollar/Indian Rupee story–a revelation:

My blogger friend Rajkumar Negi, a well read person, sent to me some valuable information by way of a writeup by SM Basha quite elaborately covering the much talked about Indian Rupee/ USDollar scenario in the recent past and equally currently. The information so provided by the author is meaningfully important and worth going through. I quite find it worth sharing with my readers and from that point of view the very text of Rajkumar Negi’s message to me containing Basha’s writeup is reproduced in full below for their knowledge and sharing:

    one of our blog reader bass has forwarded the following story of
    Dollar, I forward the same for your consideration,and please give your
    comments, or put this on your blog. thanks.

    *Real story of American Dollar v/s Indian Rupee*
    *(Very Interesting Article MUST SHARE from an excellent website)
    *An Advice to all who are worrying about fall of Indian Rupee
    Throughout the country please stop using cars except for emergency for
    only seven days (Just 7 days). Definitely Dollar rate will come down. This
    is true. The value to dollar is given by petrol only.This is called
    Derivative Trading. America has stopped valuing its Dollar with Gold 70
    years ago.
    Americans understood that Petrol is equally valuable as Gold so they
    made Agreement with all the Middle East countries to sell petrol in
    Dollars only. That is why Americans print their Dollar as legal tender for
    debts. This mean if you don't like their American Dollar and go to their
    Governor and ask for repayment in form of Gold,as in India they won't give
    you Gold.
    You observe Indian Rupee, " I promise to pay the bearer..." is
    clearly printed along with the signature of Reserve Bank Governor. This
    mean, if you don't like Indian Rupee and ask for repayment,Reserve Bank of
    India will pay you back an equal value of gold.(Actually there may be
    minor differences in the Transaction dealing rules, but for easy
    comprehension I am explaining this)
    Let us see an example. Indian petroleum minister goes to Middle
    East country to purchase petrol, the Middle East petrol bunk people will
    say that liter petrol is one Dollar. But Indians won't have dollars. They
    have Indian Rupees. So what to do now? So That Indian Minister will ask
    America to give Dollars. American Federal
    Reserve will take a white paper , print Dollars on it and give it to
    the Indian Minister. Like this we get dollars , pay it to petrol bunks and
    buy petrol.
    But there is a fraud here. If you change your mind and want to give
    back the Dollars to America we can't demand them to pay Gold in return for
    the Dollars. They will say " Have we promised to return something back to
    you? Haven't you checked the Dollar ? We clearly printed on the Dollar that
    it is Debt"*
    *So, Americans don't need any Gold with them to print Dollars. They
    will print Dollars on white papers as they like.
    But what will Americans give to the Middle East countries for
    selling petrol in Dollars only?
    Middle East kings pay rent to America for protecting their kings and
    heirs. Similarly they are still paying back the Debt to America for
    constructing Roads and Buildings in their countries. This is the value of
    American Dollar. That is why Many say some day the Dollar will be destroyed.
    At present the problem of India is the result of buying those
    American Dollars. American white papers are equal to Indian Gold. So if we
    reduce the consumption of petrol and cars, Dollar will come down.
    The Above Details are translated originally from Telugu Language to
    Englishby Radhika Gr.
    Kindly share this and make everyone aware of the facts of American
    DollarV/s Indian Rupee.
    And here is a small thing other than petrol , what we can do to our
    Indian Rupee
    Please spare a couple of minutes here for the sake of India.
    Here's a small example:-
    At 2008 August month 1 US $ = INR Rs 39.40
    At 2013 August now 1 $ = INR Rs 64
    Do you think US Economy is booming? No, but Indian Economy is Going Down.
    Our economy is in your hands.INDIAN economy is in a crisis. Our
    country like many other ASIAN countries, is undergoing a severe economic
      *Many INDIAN industries are closing down. The INDIAN economy is in a
    crisisand if we do not take proper steps to control those, we will be in
    a critical situation. More than 30,000 crore rupees of foreign exchange
    are being siphoned out of our country on products such as cosmetics,
    snacks, tea, beverages, etc. which are grown, produced and consumed here.
    A cold drink that costs only 70 / 80 paise to produce, is sold for Rs.9
    and a major chunk of profits from these are sent abroad. This is a
    serious drain on INDIAN economy. We have nothing against Multinational
    companies, but to protect our own interest we request everybody to use
    INDIAN products only at least for the next two years. With the rise in
    petrol prices, if we do not do this, the Rupee will devalue further and we
    will end up paying much more for the same products in the near future.
    What you can do about it?*
      *Buy only products manufactured by WHOLLY INDIAN COMPANIES.Each
    individual should become a leader for this awareness. This is the only way
    to save our country from severe economic crisis. You don't need to give-up
    your lifestyle. You just need to choose an alternate product.
    Daily products which are COLD DRINKS,BATHING SOAP ,TOOTH PASTE,
    Food Items etc. all you need to do is buy Indian Goods and make sure
    Indian rupee is not crossing outside India.
    Every INDIAN product you buy makes a big difference. It saves INDIA. Let
    us take a firm decision today.
    We are not anti-multinational. we are trying to save our nation. every
    day is a struggle for a real freedom. we achieved our independence after
    losing many lives.They died painfully to ensure that we live peacefully.
    the current trend is
    very threatening.
    Multinationals call it globalization of Indian economy.
    For Indians like you and me, it is re-colonization of India. the colonist's
    left India then. but this time, they will make sure they don't make any
    Russia, S. Korea, Mexico - the list is very long!! Let us learn from
    their experience and from our history. let us do the duty of every true
    Finally, it's obvious that you can't give up all of the items
    mentioned above. so give up at least one item for the sake of our country!
    We would be sending useless forwards to our friends daily. Instead, please
    forward this to all your friends to create awareness.*

Wednesday, 18 September 2013

Bank accounts to be opened with zero balance now:

It’s a good news in a way that as per Reserve Bank of India directives the customers can open their Saving Bank A/cs with zero balance. Presently this amount was around minimum Rs.1,000/ varying from bank to bank. There are many who are desirous of opening an account in some bank or the other but they are unable to do so for want of necessary minimum amount. If the directives so issued hold good in real practical terms, the news is very satisfying to the needy customers and the consumers, but the real problem is that of its implementation. There are already instructions to open the accounts of students with zero balance but the respective banks are defying them. It has yet to be seen in days to come whether the banks come forward with necessary compliance of the Reserve Bank of India directives. If they do, this is certainly a welcome gesture.

Saturday, 14 September 2013

This too happens once in a blue moon:

Though once in a blue moon, you can’t say that the yawning jaws of the soaring prices dragon don’t ever shrink downward. Petrol prices, as is the news, are likely to be lowered in India by Rs.1.50. This is the way the UPA Government strategically works, first increase the price by 4-5 rupees and then reduce it by a petty amount giving it the popular name of relaxation in fuel prices. Take it and give it back in some form or the other –by way of price hike in various other commodities and imposing some kind of a tax like they have done now even in the case of sadhus and priests working in different temples as if theirs too is a service that attracts service tax. Resenting against the decision, the sadhus have in a way correctly described it as a Jazia tax once imposed in the country by the King Aurangzeb. What is in store for the consumers is worse –increasing price of cooking gas and the like.

Tuesday, 10 September 2013

Car loan is a difficult task now:

No more easy it is now to go for a car loan as the bank like State Bank of India have since come out with stiff stipulations in respect of eligibility for taking loan to purchase an auto vehicle. Besides State Bank, other banks are also preparing themselves to fall in line. To acquire necessary eligibility to by a car financed by the bank, one may have to fulfil the following conditions:

  • Bank account statement for the last twelve months.
  • Two passport sized photographs.
  • Signature identification from the bankers of the borrowers.
  • Passport, Voter ID Card, Pan Card.
  • Proof for the residential address of the borrower.
  • Latest salary slip in the case of salaried employees or some other proof in support of the borrower’s income.
  • Income tax return for the last two years in the case of salaried employees and three years in the case of self employed business men.

Except two passport sized photographs, all other stipulations are an arduous task to manage. More over, different banks are also fixing up a minimum annual salary amount ranging from 1.45 lakhs to 6 lakhs. Bankers and other financers are trying their best still to secure a largest possible number of borrowers for different vehicles but with the conditions obtaining as above they may only suffer a set back on this segment.

Friday, 6 September 2013

Sewaks or agents of a corrupt feudal system?

There are many a people, particularly from amongst politicians, who boast of serving the society and in that context call themselves as ‘Sewak’ (one who serves the people). There is a local MLA who has gone a step further suffixing his name on his official letter as ‘SEWAK’. Most of them are hypocrites only as they hardly have any thing like a mission of service, they are mainly interested in their own welfare and the benefits. They apparently talk of being a Sewak, a servant, to the public, behaviourally their conduct is that of a feudal, dictating terms to aam admi (common man), and one who doesn’t fall in line with them is in for adverse situations managed against them. Their living style is lavish matching that of the lords with whatever paraphernalia is needed to add luxury to their life at their command. When chance comes their way, they themselves behave as hard core feudals, alternatively acting as agents to the total feudalistic system obtaining currently in the country. They virtually act as ‘dalals’ of the system including police.

Monday, 2 September 2013

More annoying than relief rendering:

When Prime Minister Manmohan Singh made a speech in Parliament the other day, the normal expectation was that this would be some thing relief oriented in respect of the unprecedented sort of an economic crisis rampant in the country. It was not. He rather added fuel to the fire when he said that fall in rupee value was necessary and that it was in the interest of curbing the soaring prices. Instead of giving an amenable explanation in relation to the crisis, he unhesitatingly held the opposition parties responsible for the purpose, which badly lacked any relevance. It was evasive and lacked any logistics as normally is the expectation as from a dignitary like Prime Minister. His utterances were more teasing and annoying than rendering any healing touch. The worst was that he left the House in a huff without lending his ears to what the M.Ps from opposition were trying to say. Unbecoming and highly disgustful a gesture it was quite opposed to a parliamentary discipline. Such a typical conduct on the part of the Prime Minister only constrains the common people of the country to believe that there is hardly any ray of hope for any tangible solution to overcoming the present crisis in the country in immediate future, or say so long as the UPA government is in power.