Register yourself in the voters list in your ward by filling the registration form at jaagore.com. Jaago re is an excellent initiative to make people aware of their fundamental right. My experience is that a large fraction of net savvy population in India does note vote. Jaago re has made it easier and simple for this fraction. All you need to do is to register yourself at jaagore.com , take the print out of the form, and submit it at the ward office nearest to you. Jaago re has made even that easier by locating the office near you.
So register and make your vote count !!!!!!!!
Friday, January 9, 2009
Tuesday, January 6, 2009
Current Economic policies of Govt of India
The current bail out package announced by Govt of India looks like a close imitation of the billons of USD package offered by the Bush administration in the USA. This has to be a cause of concern for the common man. The bail out package seems to favour a particular section of society - those who have milked money from the market by exploiting the loopholes of the erstwhile policies.
The reason the western economies are crashing one after the other is largely due to ultra capitalism favoured by them. To begin with the banks lend money at very low interest rates resulting in easy avalability of loans. This favoured ultra consumerism. A person who could have lived life peacefully with his/her modest means was lured into the vicious cycle of debt by the easily available loans, one after the other. . The common man got addicted to good things in life, which otherwise he could never afford with his modest means. The economy grew at a frantic pace. This model collapsed as people started defaulting, causing a global mayhem.
The bail out package aims at promoting the same culture and to provide a feel good factor among the consumers. The Govt seems to lend a helping hand to the banks and financial institutions who blindly disbursed loans and are now crying foul, to the industries who blindly followed global trends without a foresight, to large industrial houses that went on an acquisition spree and are now finding themselves knee deep in trouble, to the builders and developers who erected townships everywhere following the reality bubble and are not finding buyers now.
Should this not be the time for the Govt to think about the common man , to provide with some alternative source of income to all those who have been/will be rendered jobless due to the meltdown, to atleast see to it that SOME portion of the agricultural relief package announced last year with a lot of fanfare reaches the truely deserved; atleast now with the general election around the corner !!!!!!!!!
The reason the western economies are crashing one after the other is largely due to ultra capitalism favoured by them. To begin with the banks lend money at very low interest rates resulting in easy avalability of loans. This favoured ultra consumerism. A person who could have lived life peacefully with his/her modest means was lured into the vicious cycle of debt by the easily available loans, one after the other. . The common man got addicted to good things in life, which otherwise he could never afford with his modest means. The economy grew at a frantic pace. This model collapsed as people started defaulting, causing a global mayhem.
The bail out package aims at promoting the same culture and to provide a feel good factor among the consumers. The Govt seems to lend a helping hand to the banks and financial institutions who blindly disbursed loans and are now crying foul, to the industries who blindly followed global trends without a foresight, to large industrial houses that went on an acquisition spree and are now finding themselves knee deep in trouble, to the builders and developers who erected townships everywhere following the reality bubble and are not finding buyers now.
Should this not be the time for the Govt to think about the common man , to provide with some alternative source of income to all those who have been/will be rendered jobless due to the meltdown, to atleast see to it that SOME portion of the agricultural relief package announced last year with a lot of fanfare reaches the truely deserved; atleast now with the general election around the corner !!!!!!!!!
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