Team Manmohan !!!

I missed the opportunity to congratulate Mr. Manmohan Singh through my blog on 24th April. On 24th I was elated when I got the news that Congress is back. Or I should say, back with bang. I was so afraid, on 24th morning. I never wanted to BJP to be back, atleast until they drop their idea of hindutva.

Moreover, I am more or less happy with the list of ministers in Manmohan’s team. I personally wanted people like Shashi Tharoor and other young guns in some form of ministries. Inclusion of people like Sachin Pilot, Jyotiraditya Scindia, Jatin Prasad, Agatha Sangma etc. as MoS was a great decision. People like Pranab Mukherjee, P. Chidambaram, Kamalnath, Kapil Sibbal, Dayanidhi Maran, Praful Patel and others all getting key ministries to bring results rather than promises. Yes they had to compromise bit due to politics, but Sonia Gandhi, Rahul Gandhi and adamant Manmohan hand-picked most of them.

I guess for the first time ever on Indian news channels, we found so much discussion on list of ministers and portfolios. As if Team Manmohan is on a mission to change India. Team Manmohan gives me hope, a hope for progress, hope for social security, hope for secularism. I trust Team Manmohan, because most of the ministers are extremely qualified with education and experience. Moreover we can see a nice blend of youth and experience in the team.

Deflation On Inflation...

In simple layman terms deflation connotes a contraction in the general price levels. As the inflation has fallen to a 30 year low of 0.44 %, which is now turning out to new darker clouds of deflation from inflation on India. The skyrocketing inflation has come to an end for now but had put us into new worrisome shoes in this dis-inflationary environment is a fallout of the drop in commodity prices, rollback in production and weakening demand. Such a sudden and frenzied fall in inflation numbers brings to another worry, namely Deflation.

For general consumers food grain prices are still holding high, vegetable prices have gone down lower on diesel prices. The decline in prices of food articles, fuel and metals has pushed the WPI to strange lows in March, 09. Mainly consumers and manufacturers defer spending, trying to cut production costs by either firing workers or employees which entirely leads to drop in demand and further fall in prices. Deflation has a deep and harsh impact on the economy. As companies are forced to sell their products at reduced prices along with reduce out their margins, which indirectly threatens job loss and pay cuts which is a cause of worry.

There is still a room of scope and joy as the Consumer Price Index (CPI), which is a reflector of retail prices at the end-consumer level, held firm at 10.45%. Along with that Oil prices has again started soaring in international market along with that all time gold prices will bring some respite to the commodities market. Along with that this was just on week figures so deflation has not officially entered Indian Economy. I believe both RBI & Present government won't give easy permission giving out more scope to debt to expand from now onwards for a medium term. So folks don’t panic…..

Credits - Manik Gursahani

Ref. - Business Line

"I VOTE NOBODY..."

Did you know that there is a system in our constitution, as per the 1969 act, in section "49-O" that a person can go to the polling booth, confirm her/his identity, get her/his finger marked and convey the presiding election officer that she/he doesn't want to vote anyone!

Yes, such a feature is available, but obviously these leaders have never disclosed it.

This is called "49-O".
Why should you go and say " I VOTE NOBODY"... because, in a ward, if a candidate wins, say by 123 votes, and that particular ward has received "49-O" votes more than 123, then that polling will be cancelled and will have to be re-polled. Not only that, but the candidature of the contestants will be removed and they cannot contest the re-polling, since people had already expressed their decision on them.

This would bring fear into parties and hence look for genuine candidates for their parties for election. This would change the way; of our whole political system. It is seemingly surprising why the election commission has not revealed such a feature to the public.
Seems to be a wonderful weapon against corrupt parties in India. Expressing desire not to vote for anybody, is even more powerful than voting. So don't miss your chance. So either vote, or vote not to vote (vote 49-O).

Use your voting right for a better INDIA !

World-Sourcing... !!!

India has reached a critical juncture in determining whether it will shape or be shaped by globalisation. It’s now faced with the daunting challenge of moving toward becoming both a net producer and consumer of high-value intellectual property.“Worldsourcing” can help set India on a new course to prosperity and its fair share of the global economy.

Worldsourcing, in short, is a business strategy that smart, ambitious companies use to take the underlying forces of globalisation and shape them to maximise the value and quality they deliver to customers worldwide. At the same time, it makes maximum use of all the dispersed resources of a company, from talent to intellectual property to manufacturing muscle.

The distinctions between the so-called emerging and developed markets are rapidly fading, a trend that began with the emergence of information technology and global communications. This made it possible for billions of people in every part of the world to join a rapidly growing middle-class.Those consumers, no matter where they are, demand access to high-value products and services. This means producers must increasingly reach and sell wherever profitable markets exist, anywhere in the world. Thus, a worldsourcing company can create value 24 hours a day, following the sun.

There are crucial differences between worldsourcing and outsourcing. Outsourcing is a centralised, top-down strategy designed to save money on non-core operations by handing those operations to a third party evaluated by a single criterion: the lowest price.
Worldsourcing, by contrast, is a global, decentralised strategy designed to drive greater value and quality by distributing an organisation’s core functions — management, operations, processes, and production — across multiple global hubs of excellence located wherever the best resources, talent, ideas, and efficiencies exist or can be created.

Yang Yuanqing, CEO, Lenovo, coined the term Worldsourcing,in an article,where he referred Lenevo as a Worldsourcing company.

An Army of Beasts...!!!

Just don't forget to read this article by SHOMA CHAUDHURY of Tehelka.com.By this article she tracks the underlying psychology of vigilantes across the country.


"In Mangalore, they beat women for drinking. In Pune, they tear priceless manuscripts because they feel a historian has insulted Shivaji. In Delhi, they spit on a man at a podium because they feel he is a traitor to the nation. In Bhopal, they break a school because they feel the principal has violated the national anthem. In Bombay, they raid and pillage because they feel outsiders are stealing jobs and thwarting their mother tongue. In Orissa, they burn houses and kill people because they feel their faith is in danger of dwindling. In Gujarat, they rape and kill thousands because they want to teach a community a lesson. They pull artists’ hair, threaten writers, slap women, hit men, burn paintings, ban films, tear posters, pulp, burn, rape, kill, beat. As a matter of routine, they spill into the street.

This is not an army of beasts in some futuristic film. These are contemporary ‘keepers of tradition’, ‘protectors of society’. Zealots driven by such fierce rage and selfrighteousness, they see no irony in cannibalising the very culture, religion and nation they claim they defend."

Read the complete article here.
"The Idea Of Indignation"

End to Early-Age Rat-Race !!!

Let's get back to memories of the childhood!
Remember, you always wished play with your friends or to watch cartoon, but were always pulled back! Remember, all the scolding that you have got, either from your parents and teachers!
And every time you protested, you were repetitively told, "Study, otherwise you will FAIL !"
From the day we entered the school, we all were victims of tuitions, coaching, peer competition, parent's expectations and what not!
Thank god, the next generation would not be victim of this "Early-age Rat-Race".

Recently, Rajya Sabha, have passed a bill, "Right of Children to Free and Compulsory Education Bill, 2008", according to which, a student cannot be failed for the reasons of poor performance, up to a certain age.

As quoted in economic times, "No school in the land can fail or turf out children for reasons of poor performance until a certain stage. The onus of responsibility for academic progress would, in fact, rest on the schools themselves. Now this is reason enough to cause rapturous joy among the youngsters, hitherto victims of the undeniable tyranny of an early-age rat race. "

Hurray !!!