Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Wednesday, 8 October 2014

Lest it is not confined to this alone:


Economic ties between America and India have all along been a crucial affair and continue to remain so even after the deal between Obama and Modi is duly stamped as the things have to be watched in the context of its physical implementation in tangible terms. Indian Prime Minister Modi is hailed for garnering an investment as from America to India to the tune of $41 billion in next three years. There is a point when the opposition criticises the deal saying that it is sans procurements on other crucially important points and that the  deal of $41 billion actually works out only to 20% of it but they are ignoring the factor that issues between the two countries can’t be supposed to be sorted out merely as a matter of one time deal and the whole process is required to perpetuate. Modi does deserve accolades for setting the ball rolling securing what was best possible in one go.

Monday, 6 October 2014

Why so much of a hurry?




Hurry for every thing, none has time ‘to stay and stare’, all are in a race competing with one another wearing uneasiness on their face and none is found ever at ease. What a changed world is this? Peace is lacking on all fronts –be it a matter of domestic precincts or an atmosphere in some office or the other. Developments are a boon to the social fabric of the system but as every thing has its side effects in an adverse order, developments too have it in plenty. You switch on your TV to glance over important news but the hyper speed with which they are telecast makes it too cumbersome a process as before you catch a headline it disappears replaced by another in a sequence which too passes on before you are able to make some head or tail about it. Where are gone the days when people used to see a news channel at ease with comfiture grasping the contents wholesome. Developing economy has the characteristic of providing ultra modern facilities but at a cost, the peace of mind.

Sunday, 31 August 2014

Economy growth in India on a 2 year record high:


It certainly makes a heartening news if Indian economy registers some considerable growth at a point and this has happened in the case of April-June quarter this year, a question of rarity normally. Thanks to Prime Minister Modi for a laudable outcome. This growth by 5.7% for the quarter is significant and is likely to boost up developmental activities further. This is mainly attributed by manufacturing and mining sectors in the country. Viewed from consumers point, the reduction in petrol rates by another Rs.1.82 a litre in series in a way coupled with announcements on the front of various projects by the government further boosts up the morale of the people in general. Share market has shown an increasing trend in its index though in a meagre measure with stagnancy and volatility during the last week but capable of setting a tendency towards the market rising upward in days to come to the benefit of the traders in different disciplines. All taken together, the scenario looks like adding tangibility to the much talked of the slogan of “Achhey din aaney waley hain” which may give a chance to the public in general to owe necessary gratitude to the government in power.

Saturday, 9 August 2014

Subsidy on diesel and seeds–a welcome move:


Government has since announced 50% subsidy on diesel and seeds to the agriculturists in the famine hit areas because of inadequate rains. This applies to 551 districts of the country which have been identified as famine hit. Subsidy on diesel is aimed at facilitating irrigation in the areas so affected and so is in respect of seeds. The state governments have been directed to implement the decision with immediate effect. The decision is quite in tune with the various other schemes launched to help the farmers and it is hailed every where, more so because it quite fits into the government’s move to extend priority consideration to agriculture. Soul of the country lies in the rural areas was the message of Mahatma Gandhi and a concerted move to promote the agricultural areas there is a right step in the direction of Indian economy which has been in doldrums since the days of the rule by UPA government in the country.

Tuesday, 22 July 2014

Relevance of Rajbhavans in India:


When British ruled India they had secured best of luxury for themselves throughout the country and in league with that largest possible bungalows (Rajbhavans) sprang up in every state of India providing residential accommodation to the then Governors now known as Rajyapals and the one at Kolkata initially used to be the residence of Governor General (Viceroy) of India till such time the capital of the country was shifted to Delhi in 1912. The next bungalow built for Governor of Bombay (Mumbai) was more or less equally big and continues as such as on date followed by the ones in other state capitals. The grandeur of size and design in respect of the  residences constructed for Governors in newly formed states too in the country after independence are provided the same luxury as the older ones during British time. Rajbhavan of Mumbai was more in a lime light after there was a news published that it saved 1.35 lakh units of power compared to last year by using energy friendly devices and solar energy panels. Such a saving amply gives an estimate as to what could have been the total consumption of the power in the Rajbhavan premises. Isn’t it a wastage in a country like India where economic crisis continues perpetuating? True, heads of states need a symbolic status but there appears to be no relevance to go much beyond proportions on this count. It’s a case of slashing down the amount of luxury in a country like India extending the benefit so accrued to the other  sections of the society in the country who are badly hankering for some frugalest possible a spot called a house.

Monday, 14 July 2014

Hyper increase in population of India:


This post is to be read in conjuction with the link:

http://gallery-neelkanth.blogspot.in/2014/06/highly-explosive-is-population-bomb.html

A few decades back I had been to a doctor, Dr. Manohar Singh, Head of the eye hospital at Bahraich (U.P.,India) as a student for an eye check up. It was in the after noon and I was the first patient to visit, no rush and no queue. The doctor, as if he was hankering for some patient to call on him, attended me with a fullest possible attention seeing to it that the first patient of his, and possibly the last for the day, has not to go back unattended. Compare the change in scenario on date any where in the country and you would come across a sky change where you may have to wait for your turn standing in the long queue for hours together, and may be you are given some other date for the purpose even if the doctor concerned is just an ordinary one. Doctors and hospitals have mushroomed in growth multiple times in the country compared to the past but there is hardly any scope for the patients to get a doctor who could spare necessary time to the patients to their satisfaction. Reason is obviously an abnormal growth in population. You go to a doctor, go for shopping, go for travelling and even entertainment areas like cinema or clubs, you may have to rub your shoulders to get your turn. Measures to control economy at the national level are just a flop sans result orientation as they fail to proportionately match the most explosive and alarming growth of population. In fact more than any other measures to suit the interest of economy factor what is peremptorily needed is to check and curb  every day growing population of the country assuming much graver proportions with each day that passes.

Tuesday, 10 June 2014

Soaring prices in a developing economy:


The present government under the dynamic leadership of the Prime Minister Narendra Modi is all set to have a curb on soaring prices, an area of sharp criticism every where and a major component which did cast UPA their government. The very message as from the present governmental quarters that efforts are in the offing to secure some breather is heartening and received well at the level of the people in general. There are doubts, however, if the endeavours made in this direction may really elicit some tangible relief as these are two deeply inter related areas –soaring prices and developing economy. Any healthy development is all supposed to equip the people with jobs, business and multiple avenues for prosperity which factors in turn are likely to enhance the purchasing power of the consumers and this is bound to result into a steep rise in prices of essential commodities based on the well accepted theory of supply and demand. Any developing economy supplies more money to the people enabling them to resort to more buying and more the buying more  are the chances of the prices shooting up. If Modi Government is able to maintain the growth in the meantime keeping a check on price rise it settles at a miracle only.

Sunday, 19 January 2014

Some respite against soaring prices:


Visibly there is some respite in regard to prices of eatables and vegetables in the market. Though too frugal and in a limited measure it does give some relief to the otherwise hard pressed consumers. No body knows whether it has to last for some time at least or is just a part of the casual nature of the markets in the absence of any tangible economy moves on the part of the Indian government. It is actually never lasting when some slashing down in prices takes place in the market in the absence of concrete measures for the purpose on the part of the government both at the level of Centre or those in different States. Such measures are no where visible which factor is denotative of the fact that the current respite is only of casual nature and is not to last long. May be such casual repeats are there again from time to time as this is the year of general elections in the country but chances are that nothing tangible is going to emerge and what is being seen now is momentary and nothing more than a dodge.

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