Will the new symbol of Pride help to eradicate poverty?

After the central government on Thursday approved the new rupee symbol, entire nation is cheering it as a new mark in Indian economy, but I am partially agree with this. First, it’s incompatibility with the computer keyboard and mobile phones. I am really surprised by the fact that the learned designer as well as the panelists ignored this most important fact.  By ignoring these most important facts in this IT age, it will be difficult for users to inscribe it.

Secondly, if an economy could grow just by designing the currency symbol, many countries would have done this in past. Take the example of USA, Japan, and Britain; people are taking pride of the fact that now we are in elite club of nations like US, Japan and EU countries, but everybody knows that these economies have faced worst last 2 years and they are yet to be recovered. All these nations have their own currency symbols.  

The value of rupee in terms of purchasing power in domestic market is reduced almost to 10 paisa or something. One cannot buy anything with a one rupee coin and this is the irony which we have to improve. We have to improve the power of rupee in domestic and international market. Most of our learned economists and industrialists fear that appreciation of rupee will have negative impact on exports, but they do not take into account the fact that India’s import is much higher than its exports.

While unveiling the new symbol the minister said that the new symbol would reflect the strength and robustness of Indian economy. LOL.  Food inflation in country is touching a new high every week and prices of essential commodities are sky rocketing. In such scenario we don’t need new symbol for currency but what we need is the tough price control action. Government has decontrolled the petroleum prices but is inactive about towering salaries of OIL PSUs. If government is serious in reducing the loss of oil PSUs it must slash the towering salaries of these white elephants of Indian economy. Will new symbol reduce our external debt? Will it give a boost to exports? Will it improve the balance of trade and balance of payment situation? Will it provide food and shelter to the poor Indians?

Democracy at Sale in India

After an almost month long high voltage political drama the JMM and the BJP on Tuesday finalized the deal on government formation in Jharkhand. Under the agreement, BJP and JMM will share power on rotational basis for the remaining term of Jharkhand Assembly. 
The BJP will head the government and occupy the chief minister's post for the first 28 months. Each party will lead the government for a period of 28 months, beginning with the BJP. 
Shibu Soren will step down as Jharkhand chief minister on May 25 and BJP's Arjun Munda will take over as chief minister of the state. 

BJP the party who was once responsible for removal of Shibu Soren from cabinet by terming him a tainted minister is now sitting in his lap just for the sake of power.  

Although this is neither first nor the last incident where politicians have make fun of the constitution.  

In democracy it is believed that the real power lies in the hands of common men. Ironically this completely wrong belief has been categorically spread to make the common people full for lifetime.  

After getting into the power, political parties make amendments in the constitution which are only favorable for them. One day they will blame the opposition party and the next day they share the seat with them. 

The deal (yes this in nothing but a deal to plunder the public money) happened between BJP and JMM in Jharkhand once again demonstrates the biggest blunder of our constitution. I failed to understand how a party or a person can become a prime minister or hold the power without being clearly elected by majority.

Gath-Jod politics shows nothing but failure of the constitution. Such power games will never make India prosperous.

Counting the Countrymen

In India first Census was conducted in 1872. Since than 14 census have been conducted.

A census is the procedure of systematically acquiring and recording information about the members of a given population. It has been conducted after every 10 years.

The responsibility of conducting the decennial Census rests with the Office of the Registrar General and Census Commissioner, India under Ministry of Home Affairs, Government of India. Home Minister P. Chidambaram kick-started an extensive data gathering exercise at the Rashtrapati Bhavan on 1st April, 2010, where the details of President Pratibha Patil and her family were gathered for National Population Register(NPR). The NPR would be a Register of usual residents of the country. The NPR will be a comprehensive identity database that would help in better targeting of the benefits and services under the Government schemes/programmes, improve planning and help strengthen security of the country.

This is being done for the first time in the country. After the NPR data is ready every citizen will be allotted a Unique Identification Number(UID). Approximately 80 crore people aged 15 years and above will be allotted UID. 

The whole exercise of Census 2011 will cost approximately Rs. 2,200 crore while the NPR will cost Rs. 3,539 crore. As per the estimates India will be the home to over 120 crore people by 1st March, 2011, which is also the cut-off date for the Census. According to Registrar General and Census Commissioner Mr. C.Chandramouli roughly Rs. 59 will be spent per person.

Statistic

Province	Districts	Tehsils	Towns	Villages	Households
35	640	5767	7,742	6,08,786	24 Crore

Over 64 lakhs forms in 16 languages have been printed. There are 21 lakh enumerators and 4 lakh supervisors are engaged in this mammoth task.

Commonwealth Games: will ruin common men's wealth

Delhi Chief Minister Sheila Dikshit has blamed the Commonwealth Games for the higher tax proposed in the recent state budget. It means she was aware that the government has not enough fund to host such a big and prestigious (?) event. Even being a capital state of India, Delhi is lagging behind at many fronts in providing basic amenities to its citizen; pure drinking water, electricity supply and safety of women are few of them. When the city bid for the games it was publicized in a manner that it will help the city to provide basic infrastructure facilities to Delhiites. Various agencies including the union government provided needed fund. This is ultimately the money of taxpayers. Now the additional burden of taxes suggests that the state government is failed to manage the fund properly. Apart from that the work is also going at very slow pace. The games will kick start from October 3, 2010 and still so much have to be done. Even Commonwealth Games Federation (CGF) chief Mike Fennell has expressed his concerns over the progress of work. As projects lagged, inflationary pressures kicked in and costs soared. Surely, citizens aren't to be blamed for the delays. Nor must they be penalized with more taxes.

Manmohan Nahi Manega

PM Manmohan Singh is not keen to roll back the petrolium price rise. Instead he is trying to explain the aam aadmi to be more generous to spend more so our nation can become a good investment hub, our economy can grow at rapid rate etc.. According to him... "Any increase in prices does hurt some people. We have to take a long-term view. We cannot save people from inflation if we follow populist fiscal policies all along. Sooner or later, these populist policies, if persisted with for a long time, will lead to erosion of the investment climate, our capacity to create new jobs, and of our ability to invest in our flagship programmes for the poor people. So, we have to balance these factors," Manmohan Singh

Mr. Prime minister if this is your view on price rise; it is so shocking to know that you have no sympathy for the common men. About your take on taking long-term view, I must say that since last 60 years every politician and so called economists are making fool the aam junta by using such words. Why don’t you people make a significant cut in your salary and other costs??

If you are a good economist than why dont u use your skill to control the inflation? instead controlling the inflation u are saying that the effect will be negligible. Mr singh u as a prime minister can use the word negligible, u don't and will never understand the impact of sky rocketing prices of essential commodities on common man's life.

President blames aam aadmi for food price rise. Few months back america blamed Indians for food price rise, Now our president doing the same, Mazi jo nav duboye ..... yeh log khud ka kharcha to kam karenge nahi.. kuchh bhi hoga to aam admi ko bakra bana denge. Everybody is talking about inflation. It seems that our so called learned bureaucrats from the finance department don't know the reality or they simply ignoring it. oil marketing companies crying for their increasing huge losses, bloody why don't they reduce their own Thath. Even a clerk in oil psu is getting a salary same as an seasoned MBA deserves. Why nobody is raising these issues? Our Prime Minister him self is an eminent economist unke dimag me ye baat kyon nahi aati? or he is just ignoring it.