Sunday, June 26, 2011

Fuel price hike to push inflation into double-digit: PMEAC

Do India needs Petrol and Diesel Subsidies?

If we look at India's Subsidies budget, it s going up very fast. Because of these subsidies most of the major developmental initiatives are going no whee. Investment in Development of Agriculture Infrastructure and Investment in Water mnagement along with Railway Connectivity, Road and Airport developemt which can change india's landscape are way behind the schedule?

To whom really government want to subsidies? The rich middle cost, who can afford car of INR 1 million or may be more? Why? For what?

These subsidies are killing the development must be relook at?
instead of giving Fuel Subsidies government should invest in Public Transportation system. This will stop wastage and give long awaited speed to development?

The whole issue of subsidies and the way they are given must be re looked at? The way number of vehicles are increasing in India? How much subsidies this government afford to give?
There shouldnot be free bies of luxury?

India needs to invest much more in Health, Education and transporation along with agriculture.

Thursday, June 23, 2011

Let There be cleanup.

Euro Crisis: Derivatives Cloud the Possible Fallout From a Greek Default - CNBC

In years past, when financial crises in Argentina and Russia left those countries unable to make good on their government debts, they simply defaulted. But this time around, swaps and other sorts of contracts have become so common and so intertwined in the financial markets that there are fears among regulators and financial players about how a Greek default would play out among derivatives holders.
The looming uncertainties are whether these contracts — which insure against possibilities like a Greek default — are concentrated in the hands of a few companies, and if these companies will be able to pay out billions of dollars to cover losses during a default.

Is America a Friend?

Please have a look at following incidents and tell me if America is Friend or Not?
This Friend of Dear Prime Minister, for this he put his government on test and ditched long time trusted friend.
America can be best friend of Mr. Prime Minister and his team( I call them Team ManMohan), prominent among them is Montek Singh.
Government unhappy with US response to troubles of Indian diplomats.
NEW DELHI: Reacting to the forced labour suit brought against Indian consul general in New York Prabhu Dayal , the government here protested against what it called the targeting of the country's diplomats in the US, subtly cautioning that it could sour public opinion and have repercussions for ties. Trashing as "motivated and baseless" the charge that Dayal forced his Indian domestic help to work like a slave, the foreign ministry said, "We are disappointed and deeply concerned that Indian diplomats and their family members should be targeted in such a manner in a friendly country like the US." It added, "Such actions impede the ability of the individuals in question to discharge their official responsibilities as well as cause untold mental harassment and anguish. These incidents cannot be dismissed lightly."

India to issue another warning to US on hike of professional visa fees

NEW DELHI: India will issue yet another warning to the United States on the non-compatibility of the recent hike in professional visa fees and imposition of additional import taxes on government purchases with World Trade Organisation, or WTO, rules. Commerce and industry minister Anand Sharma will take up the issue with US Trade Representative Ron Kirk later this week. "We are seriously pursuing the issue with the US government as we feel that both the measures violate global trade rules. The minister will discuss the issue at length with the USTR," a commerce department official told ET. Sharma is scheduled to meet Kirk in Washington DC on Wednesday.

India had issued a non-paper or an informal communication to the US earlier this year stating that both the measures, that were part of the country's attempt to fund its enhanced border security plan and health programme for 9/11 victims, flouted multilateral trade norms of the WTO. The US, however, is yet to respond to the communication. "The minister will try to drive home the point that we are not willing to let go of the issue as the measures have a significant negative impact on Indian business," the official said, adding that the commerce ministry is in consultation with WTO lawyers and is preparing the ground for filing a case if required. The US increased professional visa fees (H-1B and L-1 visa) by a minimum $ 2,000 for all US-based companies that have more than half of their employees on such visas till 2015. It would mostly affect Indian IT firms, like Infosys and Wipro , and is expected to cost them $200 million annually.

Sari Situation: Indian Ambassador Pat Down

The Indian government is fuming this week after its ambassador to Washington was subjected a TSA pat-down at a Mississippi airport.
"This is unacceptable to India," said External Affairs Minister SM Krishna, according to the BBC. "We are going to take it up with the U.S. government, and I hope things could be resolved so that such unpleasant incidents do not recur."
According to the Indian embassy in Washington, Ambassador Meera Shankar was selected for secondary screening Dec. 4 at the Jackson-Evers International Airport, where she was catching a flight to Baltimore after attending a conference at Mississippi State University.
A university official quoted the ambassador as vowing never to return to Mississippi as a result of the incident, according to the Associated Press.
"The U.S. State Department has reached out to the ambassador and has regretted what had happened," Virander Paul, a spokesman for the Indian embassy, told ABC News.
Some reports have suggested that Ambassador Shankar was selected for the hands-on pat-down because she was wearing a sari, a traditional Indian wrap-around dress. Today, the Transportation Security Administration defended the actions of its officers.

TSA : Indian woman ambassador to US patted down and ill-treated in Mississippi airport

The security check procedure i.e. TSA being followed in US Airports is being criticized by the air passengers in US. Now, the Indian Ambassador to the US Meera ShankarShankar, the top most diplomat of India in US, was subjected to this rigorous security check of being patted down, despite her diplomatic status. This incident has created a public outcry in India. She was pulled from an airport security line and patted down by an American security agent at the Jackson- Evers International Airport Mississippi despite being told of her diplomatic status on December 4. The sari-clad Indian woman diplomat felt humiliated as she was subjected to the hands-on search.
This incident happened even when Shankar presented her diplomatic papers to officers and was escorted by a Mississippi Development Authority representative and an airport security officer. She was about to board a flight to Baltimore after attending the Mississippi State University's programme.
The Clarion-Ledger security agents told Meera Shankar she was singled out because she was wearing a sari, which the paper notes is as "a traditional Indian robe that is draped across the body." As the airport does not yet have full-body scanner, she was subjected to the thorough pat-down.

Another Indian diplomat 'patted down' at airport

New Delhi, Dec 13 (IANS) India has taken up the issue of another of its senior diplomats being 'patted down' at an American airport, this time involving India's permanent representative to United Nations Hardeep Puri.
"I have taken it up with the US authorities. And the matter is at that stage," External Affairs Minister S.M. Krishna told reporters after the second such incident surfaced Monday. Hardeep Puri was asked to remove his turban during a security check at Houston, and was also kept in a 'holding room' for over half an hour, despite showing his diplomatic credentials."Secretary of State, Mrs. Hillary Clinton, has also given an indication to the fact that they are going to revisit some of these procedures, particularly with reference to diplomatic corps of other countries," added Krishna.The latest incident comes just two days after the US deputy chief of mission Donald Lu was summoned by New Delhi to protest against a similar 'pat down' of the Indian envoy Meera Shankar this month.Lu was summoned to the Ministry of External Affairs Saturday and conveyed India's "strong concerns" over the "pat down" search that Meera Shankar was subjected to at the Jackson-Evers International Airport Dec 4 after her visit as a guest of the Mississippi State University.According to the Jackson Clarion-Ledger, Shankar was singled out from a group of 30 passengers and pulled aside. Witnesses told the paper that she was chosen as she was wearing a sari, and was patted down despite her diplomatic passport.Krishna had described Shankar's experience as "unacceptable". "We are going to take it up with the government of US that such unpleasant incidents do not recur," the minister had told reporters outside parliament Thursday.He had said there were "certain well-established conventions, well-established practices as to how members of diplomatic corps are treated in a given country". US Under Secretary of State for Political Affairs William Burns had even made a personal call to Shankar to apologise for the incident.Former Indian diplomats have reacted to the latest incident by pointing out that there should be reciprocal treatment of foreign envoys in India."The issue is not just of diplomats, but also of our Sikh brethren, whose issue we had taken up several times," former Indian ambassador to US, Ronen Sen told Times Now television channel.

Barack Obama targets outsourcing again

WASHINGTON: Stepping up his campaign against outsourcing, US President Barack Obama on Friday asserted his administration would offer tax benefits only to those firms which will create jobs in the country, a move that may hit Indian IT firms in a big way.
"We believe on tax breaks for those firms that create jobs in the US. So we are beginning to do that," Obama said at a press conference here.
His remarks came close on the heels of the Ohio state governor passing an executive order to ban outsourcing, a development that has raised concerns in India which is often described as the world's back office.

Obama calls outsourcing to India unfair practice

Washington: Accusing US companies outsourcing business to India of following unfair business practices, President Barack Obama says his proposal to tax firms shipping jobs overseas was only intended to provide a level playing field.
"If you are a business here, entirely located in the United States, and investing in the United States, and hiring workers in the United States, you are paying a 35 percent rate," he said in an Oval office interview with Bloomberg/Businessweek.
"If you are a multinational and you are investing in India, and your workforce is in India, and your plants and equipment are in India, but your headquarters are here, you are taking deductions on all the expenses in India, but you are keeping your profits outside the United States, that just doesn't seem entirely fair," Obama said.
"The same is true where you have companies that have 90 percent of their sales in the United States, but are posting 90 percent of their profits overseas."
"You get a sense there that the accountants have been busy," he said, suggesting that these companies were taking unfair advantage of current tax laws.
Obama said taking note of "some legitimate concerns" about a similar proposal last year, "we made modifications around some of these proposals."

China, India are grabbing future jobs: Obama

US risks losing out to India, China: Obama

I do not see anything friendly in these events. If Team ManMoham sees friendly ties, then nation has ( India) has right to see differently. These are definitely no friendly incidents.

Sunday, June 19, 2011

Road to Paradise Through Your Mother's Feet


Road to Paradise goes Through Feet of Your Mother
Family life and values are the basic principles of Islamic Society. These values and principles are becoming more and more important in present day social environment. When Age Old Homes and Senior Living , Assisted Living become fastest growing segment in Healthcare business. Under such circumstances these binding values are of great importance when Children loves their parents in old age and care their well being. When Children loves their parents when Parent needs best care. This is Islam.

Islam teaches how to treat each of thread of the society. And these threads when comes together is strong Islamic Society based on love and respect.
Islam is all about Love and taking care of each your near dear. Each of society gets its due share of the love and respect. Today world is searching for Love and Peace in their life.
Let embrace those who are looking for love, looking for peace by our deeds and by delivering our responsibility. If we start following Islam, definitely people looking for peace will flock in Islam by huge number. Ramdan is near, Let us pray all, so that we give best examples in our lives to follow.

If we follow Islam in day and night definitely success will be granted to all of us Here and Hereafter. This is the Promise of Allah the Almighty.

Prophet ( Peace be upon Him) and Importance of FamilyOnce a companion (may Allah be pleased with him) asked the Prophet (PBUH) as to whom he should show more kindness. The Prophet (PBUH) replied: "Your mother." He (may Allah be pleased with him) asked who comes next and the Prophet (PBUH) again replied: "Your mother." He (may Allah be pleased with him) asked the Prophet (PBUH) yet again who comes next. The Prophet (PBUH) replied: “Your mother." When the companion asked for the fourth time, only then did the Prophet (PBUH) reply: "Your father."

‘Abdullaah Ibn Mas’ood (RA) said: “I asked the Prophet (PBUH) which deed is most liked by Allah? He (PBUH) said: ‘Prayer offered on time.’ I asked him: ‘Then what? He (PBUH) said: ‘Kindness and respect towards parents.’…” [Al-Bukhaari and Muslim
(17:24) 2. Treat your parents with great consideration; if either or both of them live with you in their old age, do not say even "fie" to them: nor rebuke them, but speak kind words to them; treat them with humility and tenderness and pray: "Lord, be merciful to them just as they brought me up with
(17:25) Your Lord best knows what is in your minds. if you live righteously, He surely forgives and turns towards all such people as are penitent and obedient.

This verse enjoins that after Allah's right, the greatest of aII the human rights is the right of parents: therefore, the children should obey and serve and respect their parents. The collective morality of society should make it incumbent on children to be grateful and respectful to their parents, they should serve them as they nursed and brought them up in their childhood. Above aII, this verse is not merely a moral recommendation but is the basis of the rights and powers of parents the details of which we find in the Books of Hadith and Fiqh. Moreover, respectful behavior and obedience to and observance of the rights of parents comprise the most important element of the material education and moral training in the Islamic Society and civilization. Incidentally, all these things have determined for ever the principle that the Islamic State shall make the family life sound and secure by laws, administrative regulations and educational policy and prevent its disintegration.
17:26) 3. Fulfil your obligations towards your relatives and the indigent and the wayfarer.
(31:14) We enjoined upon man to be dutiful to his parents. His mother bore him in weakness upon weakness, and his weaning lasted two years. (We, therefore, enjoined upon him): “Give thanks to Me and to your parents. To Me is your ultimate return.
The whole passage from lure to the end of the paragraph is a parenthesis, which AIIah has inserted as a further explanation of the saying of Luqman.

HADITH : KINDNESS TO PARENTSThe Prophet Muhammad (peace be upon him) was once asked: "Is there any kindness that I can do for my parents after their death?" He replied: "Yes, you can invoke blessings on them, seek forgiveness for them, carry out their final instructions after their death, join ties of relationship that are dependent on them, and honor their friends."Sunan of Abu-Dawood, Hadith 2440

Allah's Messenger (Blessings & peace be upon him) said: ‘Let him be humbled into dust! Let him be humbled into dust!’ It was said: ‘O Allah's Messenger (Blessings & peace be upon him) who is he?’ He (Blessings & peace be upon him) said: ‘He who sees either of his parents during their old age or he sees both of them, but he does not enter Paradise (through his deeds of service towards them)!’

The Messenger of Allah (saws) said, "Shall I inform you of the biggest of the Greatest sins?" They said, "Yes, O Allah's Messenger (saws)!" He (saws) said, "To join partners in worship with Allah, and to be UN-dutiful to one's parents." Sahih Al-Bukhari Hadith 8.290 Narrated by Abu Bakr

The Quran 2:83] We made a covenant with the Children of Israel: "You shall not worship except GOD. You shall honor your parents and regard the relatives, the orphans, and the poor. You shall treat the people amicably. You shall observe the Contact Prayers (Salat) and give the obligatory charity (Zakat)." But you turned away, except a few of you, and you became averse.

[The Quran 6:151] Say, "Come let me tell you what your Lord has really prohibited for you: You shall not set up idols besides Him. You shall honor your parents. You shall not kill your children from fear of poverty - we provide for you and for them. You shall not commit gross sins, obvious or hidden. You shall not kill - GOD has made life sacred - except in the course of justice. These are His commandments to you, that you may understand."

The Quran 46:15] We enjoined the human being to honor his parents. His mother bore him arduously, gave birth to him arduously, and took intimate care of him for thirty months. When he reaches maturity, and reaches the age of forty, he should say, "My Lord, direct me to appreciate the blessings You have bestowed upon me and upon my parents, and to do the righteous works that please You. Let my children be righteous as well. I have repented to You; I am a submitter."

(46:15) We have enjoined man to be kind to his parents. In pain did his mother bear him and in pain did she give birth to him. The carrying of the child to his weaning is a period of thirty months. And when he is grown to full maturity and reaches the age of forty, he prays: “My Lord, dispose me that I may give thanks for the bounty that You have bestowed upon me and my parents, and dispose me that I may do righteous deeds that would please You, and also make my descendants righteous. I repent to You, and I am one of those who surrender themselves to You.”

India - Challenges of Growth and Development

Corruption, BlackMoney , Lokpal and Affordibility of life ( Inflation)

Everyone is talking about corruption and one of most loved topic of media is black money, and now lokpal bill. There are many debates on all of this and everyone is talking about how to manage it or reduce the corruption.
I have not seen much talked and discussed about how these money is created, and why it is created and how to put of the hole.
Lokpal bill is one of the most important bill and it will improve the responsibility and bring corrupt cases into to forefront. Like RTI ( right to information act) it will be great achivement. This all will go in long way to become a nation who cares its people. I am not talking of Developed countries who do not care their own people and are arrogat. I am not talking of those who are least concerned about human rights and responsibility of powerful.
No, I am talking of nation India, who is responsible and humble towards world and its own people. Where every hand get work and dignity to sleep peacefully everynight with food and not worried for tomorrow's needs.
The major issues which India is facing to grow, and to grow responsibily. Without snatching or stealling from his own brothers and sisters.




  • Sources of Black money - One of the greatest challenge is our taxation system. India needs to deal with it and close the loopholes which creates blackmoney. ( I will write in detail on the issue. Only salaried class is tax payee because it is paid in bank and those who deals in millions of cash never gets tax notice)


  • India's Mandi Act ( food grain and agriculture commodities act)- This second source of proliferage.


  • Cash Transaction and banking in India. - All retail and wholesale trading happens as cash transaction. This must stop. This is source of black money, all kind of wholesale and retail transaction must be through bank. This will reduce cash and black money. Still more than half of India do not have banking account, let us make banking affordable to them. Give everyone of them account and reduce cash in system.


  • Indian Real Estate - Biggest investor or source where black is invested.


  • India Judiciary - Presently more than 10 years backlog is there in Supreme Court for constitutional bench. What kind of Governace are we talking off. If our highest court can not deal with matter of constitution for 10 years and many more years. The backlog of all other cases are well known. This is not justice system. India needs change in very first dimension of democracy, the justice. If this system can not deliver justice, what are we then talking off? We need a system which is time bound and accountable to deliver justice.


  • Accountability - If everyone is accountable and responsible for his task, why not judiciary? Let there will be system where Judiciary, including Highest Judiciary be held accounatable and required be prosecuted? Everyone here is human being and can make mistake so is judiciary, let there be a system which will held them accountable?


  • India Bureucracy - Let there be reform in indian bureucracy, politicians goes and comes back but our bureacracy remains there and needs to be cleaned.


  • Indian Criminal System - This is one of the area needs revamp. India needs clean, non corrupt IPC. Law and Order should be separate from investigation. Police and associated system is most corrupt and unaccountable system. They can put any one behind the bar for years under different law and after 5 to 10 years judiciary acquits him of wrong doing. What about lost time and injustice to him? Extra judicial killing is one of the most common phenomenon of Indian Police and Military. They are contract killer for Politician ( Gujarat or Business Mans, Delhi and Mumbai Cases). Do really India want such Police Force. We need a force, which people love to go to help. Present system is the system of British Empire and needs facelift.


  • Inflation is India's Foreign Policy Challenge and not Fiscal Policy Challenge.


  • Inflation is Indias Development Challenge, and not monetary or Fiscal Management.