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Showing posts from November, 2016

Manmohanisation of Demonetisation

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"These measures convince me that the way this scheme has been implemented, it’s a monumental management failure, and in fact is a case of organised loot and plunder." Manmohan Singh, Former Prime Minister And Congress Party Member Two-time PM, Finance Minister, RBI Governor, Economics from Cambridge that is Dr. Manmohan Singh. Knows more economics than BJP all together! India's reform architect Ex-Prime Minister Dr Manmohan Singh trashed PM Modi's cash crackdown and rightly called Demonetisation  as'organised "Loot & Legalised Plunder",  Ringing words from an economist and a wise man, delivered in his usual low key style.An eye opener on failed Modi Govt. The Econimist demanded basic answers to basic questions, spoke for common man's suffering and tyranny of demonetisation. when Dr Manmohan Singh was speaking in the Parliament, Modi & Co., looks like thinking about their Poor Education Singh ended his speech urging Modi t...

Kanpur Train Tragedy - Tragic reminder of inapt priorities in India

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Deeply pained and saddened to hear about the derailment of the Patna Indore express that has claimed so many lives. My condolences to the bereaved families. I pray for speedy recovery of those injured in the accident of Patna-Indore express. While i was waking up to enjoy a beautiful sunday with my loved ones , Many Families were destroyed Many people were dead ,( As I am writing this, the Number had reached 140) and some taking their last breath. Their last journey.... The disaster took place just a little after 0300 hrs when the passengers were jolted out of their sleep as the Patna-bound train jumped the tracks, badly damaging four ordinary sleeper coaches in which hundreds were trapped.  Of the four coaches, the S1 and S2 had telescoped into each other, I am Yet to Understand who excactly responsible for more than 100 innocents who got killed in this tragic incident even after i have heard many such incidents in past years, when we rightfully react when a...

Preventing and management is the key to tackle Diabetes

Since 2006 the World Health Organisation and United Nations together worked to pass a resolution to celebrate World Diabetes Day. The main objective is to create awareness on diabetes and to take action to tackle this global health issue. India being home to 60 million diabetic patients, the largest country to have highest number of patients has launched many programmes to address this non-communicable disease. Diabetes occurs when the pancreas does not produce enough insulin (type 1 diabetes), or when the body cannot effectively use the insulin it produces (type 2 diabetes). This leads to raised blood glucose (sugar) level and over time, serious damage to many of the body's systems, especially the nerves and blood vessels. In India, the type 2 diabetes is on the increase among the younger age group due to intake of high calorie diet and sedentary lifestyle. In our country, diabetes is not restricted to affluent class of people. Even the lower middle class and poor sections of th...

No, the poor arent sleeping peacefully:

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The rich and the middle class have their digital wallets and credit cards; they can afford to wait two weeks, even 50 days, for their money to be exchanged One has to be astonishingly callous or exceptionally removed from reality to think that the poor are sleeping peacefully and only the rich are frightened, needing sleeping pills in the wake of the great currency-exchange drama playing out in India. For that’s what it is; old notes are being replaced with new, and a new note of even higher value is being added. But the fantasy description of blissfully asleep poor and terrified rich is just that—a fantasy. Even a quick look at the videos being circulated of the people queueing up to change their money shows their frustration and anxiety; and even if they aren’t below poverty line, they aren’t rich. Indeed, the rich and the middle class have their digital wallets and credit cards; they can afford to wait two weeks, even 50 days, for their money to be exchanged. It is the day-wa...

Rs 500 and Rs 1000 notes banned: Your questions answered by the RBI

Why this scheme?   The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used for anti-national and illegal activities. High denomination notes have been misused by terrorists and for hoarding black money. India remains a cash based economy hence the circulation of Fake Indian Currency Notes continues to be ..  read more here http://economictimes.indiatimes.com/news/politics-and-nation/rs-500-and-rs-1000-notes-banned-your-questions-answered-by-the-rbi/articleshow/55320904.cms

#Rs500andRs1000

PM scraps Rs 500, Rs 1000 notes from midnight tonight : Rs 1000 rupee and Rs 500 rupee notes will no longer be a legal tender starting midnight tonight, says PM Modi. "You have 50 days (From 10 Nov to 30 Dec) to deposit notes of Rs 500 & Rs 1000 in any Bank or Post office," said Modi. "Those who can't sumbit the notes within the deadline, can exchange it at Reserve Bank of India by providing a declaration," the PM added. 20:16 PM's address to the nation : - Our enemies from across the border run their business with counterfeit notes and it has been going on for years - Black money and corruption has taken roots in the country, these are the biggest obstacles in eradicating poverty - Our motto has been 'Sabka Saath, Sabka Vikas'. We will continue to fight poverty - Every country's history has seen a phase where a strong measure was called for In all our policies, we are dedicated for the upliftment of entire society Finance Minist...

A Step towards Healthy Ageing

Santosh Jain Passi*,  Akanksha Jain** The ageing of populations is rapidly accelerating with increasing life expectancy worldwide. Ageing involves changes in physiological, pathological, social, and psychological conditions of the individuals; however, the resultant capacities and health needs of the elderly are not random. These are rooted throughout the life-course and can often be modified, highlighting the importance of a life-cycle approach. The aim of health care has changed enormously; joint family system has largely been replaced by independent living. This shift in family system can mainly be attributed to greater life expectancy, independence and self-esteem of the elderly on one hand, and on the other hand is the freedom of living/non-interference cherished by the younger generations. However, increasing life span is often accompanied by diseases, disorders and disabilities with their consequent loss of independence. During the last few decades, major chunk o...

Public Participation in Combating Corruption

*Article is an abridged version of the speech delivered by Shri. N. Vittal, former Central Vigilance Commissioner (CVC). The lecture was part of the Vigilance Week Celebrations at the Chennai office of the Press Information Bureau (PIB). The theme for the Vigilance Awareness Week 2016 is ‘Public participation in promoting integrity and combating corruption’. The very core idea of the Vigilance Awareness Week being observed under the initiative of Central Vigilance Commission is that the Commission realized that in a huge country like India, we cannot promote integrity and combat corruption unless there is participation of the public. What is ‘Integrity’ and ‘Corruption’ Integrity is basically the state in which there is complete coherence and no division. From a practical point of view, integrity means honesty or straightforwardness. As the Central Vigilance Commission deals with the issue of integrity, it looks up it in three different angles. One of course is the integrity re...