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Sunday, March 27, 2011

Indian Politics - we can't even trust wikileaks


With the rise of wikileaks(website created with aim of making the governments transparent) as a website indian political parties took their false blackmailing to wikileaks too. Indian political parties have even corrupted Wikileaks as now one cannot trust wikileaks for Indian cables as there is most probable false data which is leaked just for creating a roar in parliament session.

Recently an opposition party made a uproar in parliament over money for MP scam which later was cleared by manmohan singh that it was false and guided opposition to stop such kind of ridiculous allegations which are having no base at all.

This is a very serious matter according to me as it corrupts a very good website like wikileaks.

Pour in your comments for the same and maybe we will get to some conclusion about the same and about the level of indian politics presently.

Saturday, March 26, 2011

Top 10 destinations for investing in property in world



Following are the top 10 destinations for investing in real estate in world, posting it here since i felt might be useful to my readers.

1.) Brazil
2.) France
3.) USA
4.) Egypt
5.) Turkey
6.) Greek Islands
7.) Australia
8.) Malaysia
9.) South Africa
10.) Abu Dhabi


Monday, February 28, 2011

Indian Union Finance Budget 2011 highlights




The finance minister of India Pranab Mukherjee presented budget for fiscal year 2011-12, There are no major Tax benifits, or I can see no tax benfits. The governments approach on running population of 120 crores from tax collected from may be 10 crore is wrong and would collapse in long run.

Also read-
Railway Budget 2011-12 highlights

Following are the highlights of the union Finance budget 2011:

* The Indian economy was facing grave uncertainty. Growth had started decelerating when the interim and full budget for 2009-10 were presented.
* At home there was added uncertainty because of subnormal southwest monsoon.
* Yet, the economy now in a far better position than it was
eight years ago.
* India weathered the economic crisis well and emerged from the global slowdown faster than any other country.
* First challenge before the government is to quickly revert to
high GDP growth path of 9%.
* Expects 10% economic growth in the near future.
* Second challenge is to harness economic growth to make it more inclusive and consolidate gains.
* Third challenge is to overcome weakness in government's public delivery mechanism; a long way to go in this.
* Impressive recovery in the past few months. Can witness
faster recovery in the coming months.
* Food security has been strengthened.
* But bottleneck of the public delivery mechanism can hold us back.
* Fiscal year 2009-10 was challenging for the economy.
* Focus shifted to non-governmental actors and an enabling government. Government now concentrates on supporting and delivering services to the poorer sections.
* Economy stabilised in the first quarter of 2009 itself.
* 18.5% manufacturing growth in December was the highest in two decades.
* Figures for merchandise exports for January encouraging
after turnaround in November and December last year.
* Double digit food inflation last year due to bad monsoon
and drought-like conditions.
* Government conscious of the price rise and taking steps to tackle it.
* Erratic monsoon and drought-like conditions forced supply-side bottleneck that fuelled inflation.
* Need to review stimulus imparted to economy last year to overcome the recession.
* Need to ensure that the demand-supply imbalance is managed.
* Need to make growth more broad-based.
* Need to review public spending and mobilise resources.
* Status paper on public debt within six months.
* Government hopes to implement direct tax code from April 2011.
* Earnest endeavour to implement general sales tax in April 2011.
* Government will raise Rs25,000 crore from divestment of its stake in state-owned firms.
* Kirit Parekh report on fuel price deregulation will be taken up by petroleum minister Murli Deora in due course.
* Nutrient-based fertiliser subsidy scheme to come into force from April 1 this year.
* Nutrient-based fertiliser subsidy will reduce volatility of subsidy and also reduce it.
* Market capitalisation of five public-sector undertakings listed since October increased by 3.5 times.
* FDI inflows steady during the year. Government has taken
series of steps to simplify FDI regime. Intends to make FDI policy user friendly by compling all guidelines into one document.
* Government has decided to set up apex-level Financial
Stability and Development Council.
* RBI considering issuing banking licences to private companies. Non-banking finance companies will also be considered if they meet the criteria.
* Government to provide Rs16,500 crore to public-sector
banks to maintain tier-I capital.
* Government to continue interest subvention of 2% for one more year for exports covering handicrafts, carpets,
handlooms and small and medium enterprises.
* Government to provide Rs300 crore to organise 60,000 pulse and oilseed villages and provide integrated intervention of watershed and related programmes.
* Rs200 crore provided for climate-resilient agriculture
initiative.
* Government committed to ensuring continued growth of
special economic zones.
* Need to take firm view on opening up of the retail sector.
* Deficit in foodgrains storage capacity to be met with private-sector participation.
* Period for repayment of loans by farmers extended by six months to June 30, 2010, in view of the drought and floods in some parts of the country.
* Interest subvention for timely repayment of crop loans raised from 1% to 2%, bringing the effective rate of interest to 5%.
* Road transport allocation raised by 13% to Rs19,894 crore.
* Proposal to maintain thrust of upgrading infrastructure in rural and urban areas. IIFCL authorised to refinance infrastructure projects.
* Rs1,73,552 crore provided for infrastructure development.
* Allocation for railways fixed at Rs16,752 crore, an increase of Rs950 crore over the last financial year.
* Government proposes to set up Coal Development Regulatory Authority.
* Mega power plant policy modified to lower cost of generation; allocation to power sector more than doubled to Rs5,130 crore in 2010-11.
* Government favours competitive bidding for coal blocks for captive power plants.
* Rs500 crore allocated for solar and hydro projects for the Ladakh region in Jammu & Kashmir.
* Clean Energy Fund to be created for research in new energy sources.
* Allocation for new and renewable energy ministry increased by 61% to Rs1,000 crore.
* One-time grant of Rs200 crore provided to Tirupur textile cluster in Tamil Nadu.
* Allocation for National Ganga River Basin Authority doubled to Rs500 crore.
* Alternative port to be developed at Sagar Island in West Bengal.
* Draft of Food Security Bill ready, to be placed in the public domain soon.
* Outlay for social sectors pegged at Rs1,37,674 crore, accounting for 37% of the total plan allocation.
* Plan allocation for school education raised from Rs26,800 crore to Rs31,036 crore in 2010-11.
* 25% of plan outlay earmarked for rural infrastructure development.
* Plan allocation for health and family welfare increased to Rs22,300 crore from Rs19,534 crore.
* For rural development, Rs66,100 crore have been allocated.
* Allocation for National Rural Employment Guarantee Authority stepped up to Rs40,100 crore in 2010-11.
* Indira Awas Yojana's unit cost raised to Rs45,000 in the plains and Rs48,500 in hilly areas.
* Allocation for urban development increased by 75% to Rs5,400 crore in 2010-11.
* 1% interest subvention loan for houses costing up to Rs20 lakh extended to March 31, 2011; Rs700 crore provided.
* Allocation for development of micro and small-scale sector raised from Rs1,794 crore to Rs2,400 crore.
* Rs1,270 crore provided for slum development programme, marking an increase of 700%.
* Government to set up National Social Security Fund with initial allocation of Rs1,000 crore to provide social security to workers in the unorganised sector.
* Government to contribute Rs1,000 per annum to each
account holder under the new pension scheme.
* Exclusive skill development programme to be launched for textile and garment-sector employees.
* Allocation for woman and child development increased by 80%
* Plan outlay for the social justice ministry raised by 80% to Rs4,500 crore.
* Plan allocation for minority affairs ministry raised from Rs1,740 crore to Rs2,600 crore.
* Financial-Sector Legislative Reforms Committee to be set
up.
* Rs1,900 crore allocated for Unique Identification Authority of India.
* A unique identity symbol will be provided to the rupee in line with the US dollar, British pound sterling, euro and Japanese yen.
* Defence allocation pegged at Rs1,47,344 crore in 2010-11
against Rs1,41,703 crore in the previous year. Of this, capital expenditure would account for Rs60,000 crore.
* Planning Commission to prepare integrated action plan for
Naxal-affected areas to encourage "misguided elements" to eschew violence and join the mainstream.
* Gross tax receipts pegged at Rs7,46,656 crore for 2010-11, non-tax revenues at Rs1,48,118 crore.
* Total expenditure pegged at Rs11.8 lakh crore, an increase of 8.6%.
* Fiscal deficit at 5.5%.
* Fiscal deficit seen at 4.8% and 4.1% in 2011-12 and 2012-13, respectively.
* Non-plan expenditure pegged at Rs37,392 crore and plan expenditure at Rs7,35,657 crore in budget estimates. Proposed increase of 15% in plan expenditure and 6% in non-plan expenditure.
* Cash subsidy for fuel and fertiliser instead of previous practice of bonds to continue.
* Fiscal deficit pegged at 6.9% in 2009-10 as against 7.8% in the previous fiscal.
* Government's net borrowing to be Rs3,45,010 crore for 2010-11.
* Income-tax department ready with two-page Saral-2 returns
form for individual salaried assesses.
* Personal income-ax rates pruned:
Income up to Rs1.6 lakh — nil
Income above Rs1.6 lakh and up to Rs5 lakh — 10%
Income above Rs5 lakh and up to Rs8 lakh — 20%
Income above Rs8 lakh — 30%
* Additional deduction of Rs20,000 allowed on long-term
infrastructure bonds for income-tax payers; this is above Rs1 lakh on savings instruments allowed already.
* Investment-linked tax deductions to be allowed to two-star hotels anywhere in the country.
* Weighted deduction of 125% for payments to approved associations doing social and statistical research.
* One-time interim relief to housing and real-estate sector.
* Businesses with a turnover of up to Rs60 lakh and professionals earning up to Rs15 lakh to be exempted from the obligation to audit their accounts.
* Housing projects allowed to be completed in five years instead of four to avail of tax breaks.
* Revenue loss of Rs26,000 crore on direct tax proposals.
* Central excise duty on all non-petroleum products raised to 10% from 8%.
* FM increases customs duty on crude oil to 5%, on diesel and petrol to 7.5%, and on other petroleum products to 10%.
* Structural changes in excise duties on cigarettes, cigars, and cigarillos.
* Clean energy cess of Rs50 per ton to be levied on coal produced in India.
* Concessional excise duty of 4% on solar cycle-rickshaws.
* Balloons exempted from central excise duty.
* Customs and central excise proposals to result in a net revenue gain of Rs43,500 crore.
* More services to be brought under the service tax net.
* Certain accredited news agencies exempted from payment of service tax.
* Net revenue gain from tax proposals pegged at Rs20,500 crore.

Friday, February 25, 2011

Union Railway Budget 2011-12 - Highlights




Railway minister mamta Banerjee presented union Railway budget for 2011-12 today in parliament, There is no increase in passenger fare this year too and the minister announced 56 new trains.

Following are highlights of the Railway budget 2011-12:

* No increase in fares.

* Earnings for 2010-11 set to exceed Rs.1 lakh crore.

* Working expenditure during 2011-12 estimated at Rs.87,000 crore.

* Outlay of Rs.57,630 crore for 2011-12, the highest investment in one year.

* Rs.10,000 crore to be raised through railway bonds.

* Budget combines strong economic focus with inclusion.

* Will develop business-oriented policies to aid industry.

* Happy to announce 85 PPP proposals received; set up single-window system to take these forward.

* Decided to set-up rail-based industries.

* Passing through a difficult phase; 97 percent increase in expenditure in 2010-11 due to implementation of Sixth Pay Commission report.

* Loss of Rs.3,500 crore in 2010-11.

* Ten-year backlog of 1.75 lakh jobs being addressed; 16,000 ex-servicemen to be given jobs in railways.

* Safety first priority; accident rate has come down.

* Anti-collision device, successful in North West Frontier Railway, to be extended to three more zonal railways.

* Railways always been a soft target but law and order a state subject. If railways are blocked in one region, this has a snowballing effect in other parts of the country.

* Will add 180 km of rail lines in 2011-12.

* All-India security helpline set up.

* New Durantos to be run on Allahabad-Mumbai, Pune-Ahmedabad, Sealdah-Puri, Secunderabad-Visakhapatnam, Madurai-Chennai routes, among others.

* Rail linkage to Gujarat from Delhi-Mumbai freight corridor.

* Integrated suburban network to be set up in Mumbai, Chennai, Ahmedabad and other cities; suburban system of Hyderabad to be strengthened.

* Mumbai suburban system's EMU coaches to be increased from nine to 12.

* Pradhan Mantri Rail Vikas Yojna to be launched.

* Industrial park to be set up in Nandigram, West Bengal.

* Railways to set up factory in Jammu and Kashmir.

* To set up Metro coach factory at Singur, West Bengal.

* First coach from Rae Bareli factory to roll out in next three months.

* Work on wagon factory in Orissa to begin after land is acquired.

* Manipur capital Imphal to be soon connected to railway network.

* Centre for excellence in software to be set up at Darjeeling.

* Fund to be created for socially desirable projects.

* Central Organistaion for Project Implemtaiton created; will create accountability for non-performance.

* Work started on two dedicated freight corridors.

* Work on upgrading 442 stations to be completed by March 31.

* Decision to start pilot projects to give shelter to homeless people living along the tracks in Mumbai.

* Multi-purpose smart card to be introduced for all-India travel.

* Airport-like trolleys to be provided at more stations.

* Railways to set up a sports cadre.

* Upgraded class of air conditioned travel to be introduced shortly.

* To adopt modern technology through centres of academic excellence.

* Train to run to Bangladesh to showcase Indian culture.

* Age for senior citizen's concession reduced to 58 from 60.

* Concession for physically handicapped and gallantry award winners for travel in Rajdhani and Shatabdi expresses.

* 50 percent concession for mediapersons with families to be increased from once to twice a year.

Sunday, February 6, 2011

Indian Politics need Egypt's people methodology for uprooting corrupt



This post is inspired or fueled by two incidents, First is the developments in Egypt against their president Mubarak, and second is based on a recently came bollywood movie titled "No body killed Jessica" which is based on real story of murder of a barmaid Jessica lall by then son of Haryana Congress head Manu Sharma. The film basically shows the power of common people when they come together just and tells that even the strongest politicians are just Shi* in front of citizens when they are together.

Both the incidents are perfect in present day scenario, Egypt's developments also show that the power of common people would help in eradicating the corruption too.

In my previous posts visitors have left comment that we know the problem but where is the solution of the problem, The problem I am talking about is corruption and Corrupt politicians. So through this post I'll talk about solution for solving this biggest problem which is hindering India's development and damaging the image of India as a country infront of the world.

The solution for eradicating corrupt politicians, babus, Police from india is in hands of common person, no-no not in hand of single person but when all the citizens come together and the implementation of this solution should start from the lowest level first as it would be more effective at lower level of bureaucracy. The foremost requirement for such activity is there should be unity in all citizens who are affected by that politician, babu, officer and believe me unity of people will never go waste, History of Indai is evident that their is no power greater then power of people and this power has to unite together to notify our corrupt politicians that they are not above law,(same case as of Jessica Lall).

The other advantage is by following this methodology politicians would fear before doing any such anti-social activity(which they often do now). They will become more citizen inclined. I'll give one another example, If your area desperately needs one school so that children can become social and the politician or education minister is not caring about it(because of the fear that if people become literate then they will not give vote to him, as he/she has done nothing), Just remember Indian Politicians hate growing literacy rate of India because they come to power by votes of illiterate. People of that area should directly go to the office of the minister and tell him to provide funds for school therwise his power would be in trouble, I am sure he will definitely take concrete steps immediately for opening the school.

There can be other numerous examples too but I'll close this post here and hope that the solution I have just provided helps in bringing the change in country, Change by uprooting the corrupt from the system, bringing literacy, development etc.

Do remember The ultimate power in democracy is in hands of common people when came together. Keep on leaving your valuable comments and the discussion should reach broder audience. JAI HIND!!

Also read -
Indians with Black Money accounts

Friday, February 4, 2011

Names of people with Black money accounts revealed



Following are names of indians who have stacked their money in bank accounts abroad for tax saving. The total amount is 52 crores according to report.

The list that Germany shared with India had 12 trusts out of which four belong to Indians. The beneficiaries are

1. Manoj Dhupelia
2. Rupal Dhupelia
3. Mohan Dhupelia
4. Hasmukh Gandhi
5. Chintan Gandhi
6. Dilip Mehta
7. Arun Mehta
8. Arun Kochar
9. Gunwanti Mehta
10. Rajnikant Mehta
11. Prabodh Mehta
12. Ashok Jaipuria
13. Raj Foundation
14. Urvashi Foundation
15. Ambrunova Trust

Saturday, January 15, 2011

The land of negativity - India (Time for Change)

This thread might look very negative(from the heading) but the main motive while typing is to change the way a normal Indian citizen thinks. According to me the definition of a normal Indian citizen(Aam aadmi) is a person who uses very little of his own brain. for example a person who purchases same 2 wheeler as purchased by his neighbor, who is n rat race imitating others, Whose perception towards a product is made by the article(paid review) which is printed by top indian newspaper like TOI, HT or whatsoever. A person who thinks that a film done by Akshay Kumar, SRK, Sallu will always be Hit material.

People who have become negative thinkers after reading and watching all the negative news which keep on airing 24 hours a day, When I personally see a news channel the first impression is that there is nothing positive happening in India. Watching these news 24 hours a day affects the brain of already dumb people who donot have brains of their own for application.

Ok now I come directly to the culprit number 1 in promoting negativity in thinking of a Normal Indian person, INDIAN MEDIA HOUSES(which includes all the major English Daily, their TV news channels etc etc), The similarity between each and every news channel is that they always show dirty and Cheap news (which projects India as a hell for living to other countries), Topping the list of worst reporting is the English daily which sells the most copies, I can't write the name but by now all of the readers surely know which English Daily I am reffering to.

News like scam, rape, corruption against the politician who might have rejected some proposal of a media house and when settlement between media house and politician is done the news go offAir and motive of media houses is complete, India as a country is hated most by Media Houses.

Paid articles just for publicity of a crap product and misguiding the stupid Indian common Indian citizen. Shoddy Journalism like the one shown by another news channel during 26/11 Mumbai Attacks and then sending notice to the blogger who raised voice against it for deleting the post. And normal person who has know brain of himself just considers "whatsoever is printed is correct" is fooled.

The main point which I want to display here is that - Indians who are rising and Increasing the GDP numbers just DONOT GIVE A DAMM TO THESE PRINT MEDIA HOUSES, and those who follow them are stupid indian common man.

I have never read a news like "Education minister opens 10 new schools" on the front page of any news paper or TV news channel, because this media has already washed the thinking ability of stupid common man, which has become like a moron and is living a life which is governed by someone else, and the rat race which is prevelant through out India.

At last I want to conclude that people who are rising donot listen to any such stupid news channel or Print media, and one who are addicted to Indian Media and make their decisions after reading some stupid reviews are the one with negativity.

Do add your comments about how you feel about the same andw can start the discussion in comments.

Tuesday, January 4, 2011

Lady kills MLA - Good Revolt against rising politicians is onthe cards - freedom

As I read a top newspaper online came across the news of murder of a BJP MLA of Bihar by a women who claims was raped repeatedly by MLA using his political influence whatsoever.

I liked the news very much as now MLA are not even safe while along the people they know or along the people who are afraid of them due to their political stature. I can smell the anger in the minds of common man against politicians coming out through this very incidence and it might become a national phenomenon for getting freedom from corrupt politicians of India, which have crossed all the boundaries of decency and have certainly moved out of common's man silence zone.

All the other BJP MLA's of Bihar would be very frightened as they might also meet same dog's end if carrying out same practices in Bihar atleast. The time looks perfect for people's revolt against the corrupt politicians and finally finish such politicians as law will not able to do anything substantial to save the country from such maneater politicians. Who doesn't feel ashamed while seeing their bloody face in mirror every morning.

I recall the incident shown in movie Rang de Basanti where a corrupt minister got what he deserved at end, I mean death by mob. I think if 2-3 such incidences happen with corrupt politicians then the others would definitly become more human in governing the country and working for people upliftment.

Te worst thing about Indian corrupt politicians is that they dont want people of india to get literate as they feel frightened thinking that if people will able to decide good or bad for themselves then under no circumstance they can be elected, These Bas****s politicians of india should get the same type of death, so that other's which are corrupt or use their powers for Sexual abuse, murders etc would become godfearing and now I think the time is not far when we would be reading such news more often.

Indians are rising and understanding need of the hour for sure...kudos to the lady who has ignited the spark for ending corrupt politicians.

There is no political power stronger then MOB...Long live India

Saturday, December 4, 2010

India - The land of Scams

It's bit late to post on this topic, and the new crown which India has got 'The land of Scams' but still this title looks pretty new and fresh as we see daily some or other news channel flashing updates of scams in India, If we check history than I think now the era has changed and more scams are directly printed or telecasted.

According to me these scams were common before economic liberalisation of India, Only difference was at that time we had only Government owned and controlled DD national, but now we have lots of private channels which are free to show any scam.

So in case of scams the difference of economic liberalisation or media liberalization is that people are able to know what are corrupt politicians are doing and have been doing since 1947.

One thing is for sure that Indian Politicians are the worst kinda breed of humans ever evolved, I wanted to write dogs instead of humans before but later thought that dogs are faithfule to the one who gives it food so found it unsuitable title.

The Raja's of Tamil Nadu, Badal's of Punjab, Yedu of karnataka tops the list of the worstness in descending order of corruption. Keeping judiciary and CBI in it's pocket and resignation as a weapon to make some other stupid loyal person face for people and carry on bribery, corrupt practices as it is.

With Central Government sleeping and boasting of just GDP number's and nothing else, what a pity for India, PM makes no statements whatsoever except one like 'Madam se pooch kar bataunga', Politics has reached lowest level, but the good news is that media makes people aware of what is happening in politics and people might consider these scams for the next elections and would not vote for the tainted person.

People have lost their faith in electoral system and donot casts vote because there is no politician with clear history, Voting process has meagre 50 percent turnovers and out of fifty percent turnover the candidate who wins 26 percent is elected to Parliament, This scenario haunts me a lot as clearly the person getting 26 percent means 74 percent people donot consider him eligible person to win, I think in voting too their should be consideration of this point and should go for revoking after cancelling candidature of the earlier candidates as ineligible.

Recently I was reading some english daily and came across figure like Britishers looted some 20k crores from India in 150 years and till now Indian Politicians have looted some 70000 crores, without any development activities, The point to remember is that Indian Economy has grown due to business tycoons and not by any government activities except the liberalisation policy, which has helped our PM in getting residence at 7 Race course road.

At last I want to conclude that if same things keep on hapenning without ant concrete action happening to the culprits then some Bhagat Singh kind of person(s) would surely surface to kill these bastards and return some decency to Indian Politics.

Long live India!!

Thursday, September 30, 2010

Ayodhya Verdict is out - Core Dome area is Ramjanambhoomi

The operational Judgement is that the place would be called Ramjanambhoomi as it is hence the most important judgement of decade is out. The core 1/3 area(Dome Area) is Ramjanambhoomi, The 1/3 area constituting Ram Chabutra and Sita Rasoi is given to Nirmohi Akhara, Sunni Wakf board gets the other third part.

Jus. Sibghat Ullah Khan's Judgement - Original
Jus. Sudhir Agrawal Judgement - Original

Wednesday, September 1, 2010

Top 50 online website brands in India

I was just surfing on net and came across this list of 50 most valued websites in India, thought it would also interest my blog readers as is the latest list:

RankWebsite Name
1google.co.in(google search)
2Yahoo mail
3Gmail
4Yahoo.com
5Yahoo search
6Orkut(is on decline though)
7Rediffmail
8Rediff
9Yahoo movies
10Naukri.com
11Hotmail.com
12facebook(would probably in top 5 now)
13Yahoo cricket
14Yatra.com
15Rediff sports
16timesjobs.com
17indiatimes.com
18twitter.com
19youtube.com
20shaadi.com
21rediff shopping
22jeevansaathi.om
23monster india
24justdial.com
25wikipedia
26bharatmatrimony.com
27msn
28bollywoodsargam.com
29iplt20
30blogspot.com
31santabanta.com
32indianedu
33picasa
34bharatstudent.com
35shine.com
36makemytrip.com
37indiastudychannel
38raaga.com
39ask.com
40bing.com
41ibibo.com
42freshersworld.com
43quikr
44ebay.in
45clickindia
46metacafe
47indiastudycenter.com
48linkedin.in
49cricinfo.com
50Amazon.com

Sunday, August 29, 2010

RTI act - will it work in land of Goons?

RTI act or Right to Information act for every public undertaking was passed by Congress government to bring transparency in government works which would mean less corruption and the guilty would be given some sort of punishment at a faster pace(not because the legal system would act fast but because the concerned person's corruption act is known early...) however in the time span when this law was passed and today, It has only led to deaths of the RTI activists only, I know that corruption is in blood of every Indian(only the intensity differs). but killing RTI activist just to save image is inhuman, My post on how corruption is in blood of politician can be read by clicking here.

Every day there is some news about killing of RTI activist especially in states where there is more, probably it can only work in bollywood movies like 'well done Abba' where the RTI act was used to bring corruption in public. Now according to me the thing is as soon as an activist come out with a shocking act of corruption through RTI, One copy should be printed in next day's every daily newspaper so that if the Goons(concerned politician) is able to kill that activist the case would become even stronger because media is the one thing which Government takes a bit serious than even the RTI act.

The law for protection about whistleblowers is looking very inaffective still as this is a thing which is against the politicians.

But looking at scenario and Manmohan Singh's, Rahul Gandhi's initiative i feel so that corruption would definitely lesson in coming years but then I feel that if another news about killing of RTI activist comes will surely kick my feeling away.

Tuesday, August 24, 2010

Time for consolidation of indian IT Companies has arrived

Indian IT industry has withstood the 2008 recession well, All thanks to the cash pile and the margins and the meager pay salaries over the last two years, The reason for coming out even strongly is the cost cutting measures ranging from sending fewer people on-site, some price negotiations, giving no salary hike for two consuctive years to employees(on name of recession), firing people secretly(so that stock does not plummets) etc, etc, this list goes on.

Putting together these all measures have been very good for the biggies in Indian IT industry like - TCS, Infosys, Wipro etc. These companies have lots of people on their bench hence lowering the bid price in recession time helped in increasing the percentage of billed employees.

This above scenario has not been possible for mid tier IT vendors like, Patni, Tech Mahindra, Mastek all of them still showing decrease in profits YoY, The reason is simple The biggies of Indian IT are eating their food by bidding at the same price of these mid tier companies, thus taking even smaller projects on which the mid tier IT Companies depends. Since the potential client is now well aware of these biggies they prefer to give new projects to these rather then mid tier companies which is the biggest area of concern for these smaller companies.

They can't compete with these biggies thanks to the bench strength and the cash pile of these bigger companies, Now in such a scenario where there looks no hope for smaller and mid tier IT Companies, the best method for coping is to be acquired by the biggies or bid to these biggies at even lesser rate for further outsourcing(looks rare possibility as margins are already wafer thin), adding further to IT companies owes is the increase in Visa fees by US Government.
Thus after Indian IT comes out of the recession completely we can possibly see consolidation in Indian IT space. This would definitely help in making global companies which can compete with likes of Accenture, IBM much more efficiently and effectively. Hence it would not be surprise if news about one of the biggies acquire a mid tier or smaller IT companies which would definitly help in the niche domains where the smaller IT companies work.

Hence I can conclude that time has finally arrived when we can see consolidation in indian IT industry which would definitely make Indian IT companies competency even bigger and more powerful. thus offering some serious competition to US biggies like Accenture and IBM.

Saturday, August 21, 2010

India's 5 million aid to Pakistan - analysis

It might look very stupid thing being done by Indian government by giving $ 5 million aid to flood hit Pakistan. to me personally it looks a very optimistic move and the aid amount will surely have backing of every political party(I'll tell reason in this post).

In my thinking advisors to PMO and other central ministers have played a very nice move in the ongoing game of chess with Pakistan. This would help in mounting global pressure on Pakistan later in supressing terrorism globally, I have not heard about any big terrorist activity in pass year and half, which is only due to fact that global pressure is mounting day by day on Pakistan.

USA also put pressure on Pakistan in accepting India's aid. Now the question is how this would help Indian Government in it's actual motive behind the move. After giving aid one thing is sure that in the eyes of Pakistan(particularly it's people after reading this news about aid in newspapers) the image of India as country must have changed(though it might be a very meagre initially). Also this move will be very helpful in long term as surely Pakistan would play a softhand in future against India(from terrorist activities perspective) which would mean that government would save even more than 5 million dollars which it currently spends on army budget. I know my post looks too optimistic but this is what I feel the reason why Indian Government has done it.

Friday, August 13, 2010

The basics of Indian Politics - how corruption starts from base

I was thinking from long time to post this but was not getting time for the same, finally I managed to spare some time to tell about the basic functionality model of Indian politics and why it is often referred as politics led by goons. I request to please post your views about the same in the comment section.

It is true that most of the Indian politician are goons who win election by distributing money among the poor people, and the politicians are most after the poor people who can be purchased by distributing a couple of whiskey bottles or by few thousand rupees, which comes down to few hundred rupees in case of Bihar.

I was wondering how can so much dirt get into system that too at every level. well I got answer in few days and here is what I concluded.

Most of the poor people or low income group people(bus drivers, Auto drivers, sweepers ) to list a few are the ones who are very fond of politics not because they like it but to earn money, A person who has no work, no job to earn money is type of hired by the local politician at not much wages but given a commitment that if he/she wins in smallest level election then there would be lots of money around and the person (having no money presently) says a yes and becomes a chela of that to be politician. Now the task is how to earn votes in coming general body election or any other election, Since they have not done anything good for the people but still want to win, they start corrupt practices like giving warnings to people to cast them or face the music(taking advantage of weak police system), In India Police can be termed as goons hired by politicians legally to take money from the literate(well settled individuals). but in case of poor people they dont give such warnings(because they will get nothing in case they even kill the person for not casting the vote to them) So they purchase their votes by paying a meagre amount while also maintaining some sort of ledger of the money spent on whole election campaign. Since they start from smaller area hence people to purchase is very less hence the budget is fixed too. Once they win the election by giving money, bribing police, they feel very happy and first take out the money out from government funds(which is indirectly the taxes collected from the well settled people).

They charge compound interest for their money and fill their stomachs and houses as this stolen money would now become input for purchasing votes for the next level of elections(which covers larger geographical area), The person who helped initially now becomes a legal goon which is used for killing a competitor and the police is used by same politician to show it as either a suicide or road accident(I have not heard of any third type of killing strategy used by the politicians in India for killing of their competitors).

Now when he follows the same strategy and wins the elections again then he becomes the god of the area, which gives him power to do all the illegal activities, drugs, call girls mafias, murders, licenses to builders etc. From all these activities the percentage of now minister's share reaches at end of the day or weekly or monthly(depends on how the politician wants that money) and this is all hard cash. Local police helps in watching that all the illegal activities are going on nicely and they are getting their share at time.

The things shown in movie Rajneeti are very true(however it depicted only the killing of competitors part, I discussed earlier). Now since the whole nexus created by the politician of that area is functioning smoothly he makes a lot of money.

The tragedy here for medium income group or middle class people is that their vote has no effect as the number of poor people surpasses them and would always be the same in future too. but the money which goes into politicians pocket is the one from their taxes :(

Hence no politician ever talks about providing jobs to the people as in that case their own job would end because they know the truth about their doings and no person would ever want that his/her source of income should stop.

So this was my try to depict the working of indian pilitics and indian politicians(in which the middle income group has no effect)

PLEASE GIVE YOUR COMMENTS ABOUT WHAT TO FEEL ABOUT THIS