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.
Sunday, 19 January 2014
Some respite against soaring prices:
Thursday, 16 January 2014
Nirbheek (fearless) to help the women:
Field Gun Factory of Kanpur (U.P.,India) has since developed a light weight revolver which can more compatibly be used by the women to defend themselves whenever their security is involved. The revolver is given the name as ‘Nirbheek’ which means fearless. This part is alright and the efforts made by the Field Gun Factory are laudable as they have been able to provide a handy tool as a small revolver to be used by the ladies whenever their security is in danger. This is supposed to be more useful when some rowdy element or the one who is the perpetrator of an act like rape tries to make some woman a victim of his sordid desires. But the main question is whether the ladies can really make use of the tiny pistol in the absence of any training to them for the purpose. Field Gun Factory have done their job and now it is for the security channels of administration to ensure that they make the requisite arrangements for imparting necessary training to the women for suitably handling the weapon failing which the very tool of security may not prove to be result oriented.
Monday, 13 January 2014
Cost for even minor most relaxations:
Automated Teller Machines installed by various banks in different locations extended necessary facilitation to the consumers in a better way, and more than that they saved much of money to the concerned bankers which they had to otherwise spend on managing those payment across the counters in their branches. Customers had every reason to feel a sigh of relief in getting their payments through the ATMs without waiting for their turn standing in the long queues in the branches. Now this small relaxation to the consumers is being made a costly affairs as it has since been decided by the Indian Banks Association (IBA) to levy a charge on withdrawals if they exceed a prescribed number of transactions. The reason given by the Chairperson of State Bank of India, Arundhati Bhattacharya, is that ATMs are giving losses to the Bank on account of which this service is not financially feasible, hence some charge is the must. This is too false an argument as these machines are in fact saving lot of money for the bankers which they might have had to spend in engaging a bigger number of staff to handle the pressure of customers rush. This is an era when there is extra charge for every thing and for that reason even the smallest possible service through ATMs too is not being allowed free of some direct charge. After all it is the customer who has to suffer. Bank like State Bank of India is regular in incurring losses on account of their erratic way of handling the transactions and a lavish way of expenditure in unproductive areas and not because of some relaxation or the other to its customers.
Friday, 10 January 2014
Whom to rely upon?
The well known Yog Guru Baba Remdev is regarded by his disciples and even others as a crusader against corruption and black money in India. It is a different matter that he himself is running an empire of business in indigenous medicines and is involved in several cases against him being investigated by CBI and various other agencies in the country. He is a Yogi turned politician now practicing more of politics than Yoga. There are many a controversies surrounding him in relation to his products as from Patanjali. One of the latest products from the Patanjali medical centre is a Chawanprash with composition of 51 herbs as per various ads released in relation to that. A consumer checked the very label of the Chawanprash container and there he found the mention of only 37 herbs. Since the market is flooded with the new brand as such it just can’t be construed to be an omission and if it was something deliberate it amounts to a manipulation bordering a fraud. People trust Baba Ramdev but if he too is found involved in any malicious deal, the very question that arises is as to who could be the people to be trusted upon. The matter is under investigation and the truth will come out after it is finalised.
Tuesday, 7 January 2014
Television may even cost life:
How funny? There are television enthusiasts who have a fancy to copy every thing they see on a TV or some movie in a picture hall. There is a story published by the media that there were two boys who saw a hanging scene as a part of some picture on TV. The horror sort of the scene left a deep impression on their mind and they decided to go for a rehearsal of the same themselves. One of them offered to play the role of the man to be hanged and the other one opted to act as the Jallad (hangman). They faulted in playing their roles with the result that the boy who was doing rehearsal of the man to be hanged got really hanged in the process as the mock executioner had too tightly tied the noose around the neck of the other boy and it failed to open at the last moment. More than the boys, necessary precaution in fact might have been exercised by their guardians in the household as the growing adolescents are not supposed to be cautious enough against their activities of adventurism.
Saturday, 4 January 2014
Is there still any thing like a local market?
In our school days we used to be taught the definition of a local market in economics defining it as a factor to determine the prices. The concept was that commodities in a local market were supposed to cost comparatively lesser as there was not much of any transportation charges involved. In a way there were not much of fluctuations causing rise and fall in prices locally. Now the whole country, or say even the world as a whole, is a sort of a local market because of technological developments both in the areas of communication and transportation. If rates of onion, garlic and potatoes go high in New Delhi they have their full impact in Kanpur and Lucknow. If we talk of the share market, the rise and fall of share index gets quite affected in Mumbai if there are any bigger changes in trend both upward and downward in Singapore or even in USA. Practically speaking there is now nothing like a local market, the whole country, nay the whole world, is like one composite market affecting the economy of different countries uniformly quite often.
Wednesday, 1 January 2014
HAPPY NEW YEAR 2014:
Emerge as it does from the very core of my heart, I committedly and solemnly wish a very very HAPPY NEW YEAR to all the readers, followers, visitors and well wishers of this blog all over the world. I wish all of them peace, felicity and prosperity.