That time Britishers n Now the Govts ..

there is a famous dialogue in a famous drama. "Hunters may change not the prey. prey is always bound to be the prey."
We have studied Britishers rule in India. they have implemented the rules which are more beneficial to them. They have expoited the resources of India to pile their national treasure. They seemed to have believed to loot the oppertunity if nobody is to question. We got independence on 15.8.1947. With the recent scams and manpulations in mind , i will say , we have just got the HUNTERS changed. The poors are being hunted even now!
           Instead of the Britishers , now there are some Politicians and Industrialists. they are exploiting the resources and shifting teh burden of their expenses to the general publics shoulders. They believe it is just somebodys money and every thing with it are granted!
          Recently Kejriwal started a new ANDOLAN as our Great Gandhiji started against the British rule , the non cooperation. He inspires the public not topay any amount to the Govt as they are least bothered of us. He inagurated the Andolan by recoonecting a electric connection which was disconnected for non payment. I wonder how the government s eager to disconnect the basic service to a common man where the giants who exploit the country are allowed to have Unpaid facilities.
          
          Yesterday, The 2G licences were auctioned. We have seen the auction as failure. The govt couldnt achieve the expected income from the auction. Mr. Kapil SIbal , IB  minister who is expected to feel sorry for having loss ( an indicator of his incapacity) was happy as the auction has proved 2G scam a baseless allegation by C& AG.
I felt his happiness as  famous Malayalam proverb " iam glad to see my SIL in tears even if it is on my bros demise". He is happy that the allegation is proved as baseless but we all the fools who voted you know that it is manipulated. If you are proving it other way , you are admitting that you are a useless, incapable minister. I do not know to whom this well educated , well famed lawer loyal is.

           Another Minister , P Chidambaram , who is also well named lawyer once, is in a hurry to allow the industrialists to evade money. He has proved as good FINMIN during a before this and he tamed a lot of corporates by introducing a lot  of resztrictions. He implemted these tacticts for over all growth . Now i feel he too missed his old momentum and now in the list of Slaves of corporates/evaders. He , very well abled to bring the all black money holders to the day light by disclosing the name of Swiss account holders. Recently Mr.Kejriwal shocked the nation by saying a lot of Industrialists and poliuticians are in the list.

      Our PM very able Economic Expert is playing as puppet to a team of selfishes. He was demoted to grade of " Under achiever" by times of India. I have seen a pluck card saying " being a son of sardar you should not have done this". Yes, as a common man i request our PM to play as Common mans PM.

       Who decides our policies ? Does the LS and RS are just playing as salaried employeess of any corporate to work according to their plans?.i think so. Few years back a comapny discovered natural gas in Godawari marsh and with in few days the Government allowed individuals/corporates to conduct natural gas business as earlier govt was the solo player. Was it on money?

        When i see the strike price of 2G auction , i was sure no body will be interested to enter in to auction. I can predict the govt will offer it to the corporates at Pea nuts. I wonder , when the public is asked to curtail their spentings due to "shortage of money minting trees" , why the corporates are being egged ? If tehy want to work on natural resources like gas , petrol, minerals ,spectrum they have to shell out a good amount as we dont have much resources to flaunt. It will reduce the burden on general public and it can be our moeny minting trees!

        The tale of corruption records in the 1948 it self. the then minister enetered in to a agreemnet to purchase 200 jeeps for defence but hardly 50 reached station. the corruption was ruled out when he backed congress govt . I wonder the leaking started in the first year of independence it self. But hardly taken any action to prevent it . Painful.

         Kalmadi is living peacefully in Tihar. Raja, kanimozhi etc just accuseds. I wonder they all have cheated ( sa i believe) crores and we are spenting crores on them . why cant we spent some fast track ( fast in real sense) to make them " black and white "We dont have money for that. If they are culprited how we will  secure our lost money ? we have to amass every bit they got to govt even their personal things. If we can hang a person for traiting the nation , it can also be considered under that.

       

Indefinite strike in Kerala : contributory pension fund

 CONTRIBUTORY PENSION FUND A HEATED ISSUE .......................

I have talked with my folks on the topic in definite strike in Kerala on the heated issue of contributory pension. Most of them opinionated against the strike. Personally i support the cause of strike but not the strike. As we know every employer is obliged legally to secure the social commitments of its employees as we call it " social responsibility ". Being a responsible agency Govt should play as model to all employers.Here govt is withdrawing from its responsibilities. its a grave situation .

Contributory Pension Fund 

       In a contributory pension fund both the employer and employee has to contribute equal amounts , a fixed percentage  of  salary, to the pension scheme ie retirement benefits. The investment will be equal from both Govt and the employee.The govts portion will be limited to statutory limits fixed by CPF. The same will be invested in the different portfolios as per the option exercised by the employee. The agency will take care of these investments and will retain till the date of retirement. On retirement an amount accumulated in this will be transferred to the employee's credit.


 for example : If a person who draws a salary of Rs.25000/pm , will have to invest  say 10% say to CPF .So the govt  will also invest equal amount to the pension fund subjected to the maximum of minimum rate to be invested by employer ie if the eployee make a 20% investment , the govt will not make 20%   investment but the statutory 10%.

difference between GPF and CPF 

         In GPF , only the employer makes contribution and the entire amount is invested in Govt and will be maintained by govt agencies . The amount accumulated in the last year will be credited to employee on retirement with interest. Employee can withdraw loans and advances from the GPF and need to pay back in equal installments to GPF.the govt will be paying pension to the employees after retirement till death and a dependent pension to spouse and other dependents even after his death.
    
        In CPF , the employer and employee will be making contribution  equally ie double savings. Fund collected like this will be pooled and will invested as per the options of Employee. Govt has no responsibilty if  it pays the share of contribution periodically. Normally Private players are allowed to manage the fund. It incorporates the risk of market fluctuations. It never suggest this much will be the final amount dispersing to the employee. The amount dispersed to the employee will be the sum accumulated as per his option.

Benefits Of CPF over GPF .

         If an employee makes a saving of Rs. 2500 per month as his monthly saving to CPF , Govt will be contributing Rs.2500 to CPF ie the total saving will be Rs. 5000/- pm. If an employee has 25 years of service and an average salary for these 25 years is calculated is Rs.50000/-pm , then the total saving from his side will be Rs. 5000x12x25=  15,00,000 and the investment from the govt will be Rs15,00,000 totalling to a whopping Rs.50,00,000/ - if we consider the growth he may get an amount of Rs.1 crore!

Threats in CPF 

          The fund managers in the CPF are private players like Reliance , TATA, and otehr rich players. The investment is made as per the option of employee so the govt has no role in the selection of portfolio. As we all know the funds are subjected to market risks. It simply implies if the market go worse , the employee may get a big zero too.

   Secondly , if the employee wants to get the amount back on retirement seeing the monetary benefits on topping market , due to delay in file processing time ( as in all govt sectors) , the benefit may be lost and may effect bad too.

   thirdly , every employee has no option to change his portfolio as per his desired time. If he makes a portfolio wrongly he has no right to change the portfolio till next option time. That will reduce profitability of investing.

   The balance of savings as on every financial year is just suggestive figure as it is subjected to market fluctuations. So the amount saved is not the amount in your credit but the outcome of the play what the employee choosen decides the amount.

 Most importantly , the facilities like advance, withdrawal etc are not defined. It will create a lot of problems to the employees.  

allegations against the CPF 

     In a long run the govt may be benefited economically but will be demon-ed  for withdrawing from social responsibility. The state of employees are just unstable and subjected to market fluctuations. Amount saved is not your account balance but your yield on portfolio selected is the amount in your credit. The real benefit looters  are private players. All giants will get huge amount of money with out any financial responsibility. Here the employee is compelled to opt a plan and the players are just funding the funds as per his option. Even though the employees are lending a huge amount to the pool of private players fund. obviously the fund will be used for their other investment plans so an amount with out any financial cost. As per the govt records the employees retiring in an year is just 20000 and replacement in those places too. An amount saved every year will not be in call for next 20 to 30 years. so the private players will enjoy a cost free holiday.

Suggestions to the govt 

       As our nation needs growth , industries are must. We are accumulating a huge amount of contributions. we can lend these amount to the private players like bankers, industrialists etc who can assure us a good return. instead of troubling in market volatility we can trust the assured means of lending. Definitely the nationalized banks  can help us in this matter.
  As the govt says 5 lakh employees means , at an average of Rs.1000 , we can accumulate 5,00,000*1000 ie 50 crores. if govt makes equal contribution , then the amount accumulated is Rs.100 crores in every month. That means a whopping Rs1200 crores in every year! Our investments like metro railway, smart city , emerging kerala ( i do not propose them as investment options) also needs the fund. Definitely, a huge relaxation on tax can be offered to general public. 

Tale end
    in every day of strike our estimated loss is 400 crore day. (definitely due to dies non govt is benefited too).
I heard that the LDF unions are proposing the strike. There is a valid question, if the LDF govt is selected for next session of election, will they abolish pension scheme?


... with regards
KK





   

A guide to inflation

Inflation can easily be connected to the purchasing power of money i.e. how much quantity of an item can be purchased with a unit of money. As the price of items shoots up definitely the purchasing power falls and vice versa. Every country is fix one base year prices to compare the purchasing power. The present purchasing power is compared with the purchasing power of base year. The difference are said to be the ups and downs of inflation.
When the present and base year’s rates of purchasing power are same we say the inflation is zero. The exchange rates are stagnant if other causes are not.
For understanding we guess normal rate of $ 1 is Rs. 40.00 during inflation 45.00 and at deflation 35.00
If the base year purchasing power is more than the prevailing purchasing power then there is a positive inflation. That means there is a fall in purchasing power or the value of money is reduced. In such cases our money value in exchange to the foreign currencies also goes less. For example if you are paying Rs. 40 for every dollar, during inflation it may jump up to Rs45. That in turn affects our foreign businesses too. If we are selling a product of Rs. 40 to a foreign country we may get only $0.88 instead of $ 1.00 if we import an article of $ 1 we may have to pay Rs. 45 instead of Rs. 40.00
If the base year purchasing power is less than the present rate, it is called negative inflation. It is also called deflation. In such cases the exchange value of our rupee goes up. The foreign business is benefited. On export we will get $1 per Rs. 35.00 and while importing we have to pay only Rs. 35 .00 against $1.
Inflation in India..
We are calculating inflation on the basis of Whole sale prices of goods. Up to last year we were taking 1981-81 as base year ( not so sure ) but recently we have adopted 2000-01 as base year for whole sale price index. It calculated on more than 2000 items instead of earlier 435 items.
It is well said that whole sale price index will not exhibit the real stage and Indian economy has set an example to that theory. Surely it will not exhibit the pressures put on common man. The prices are soaring to maximum but the inflation has moved to even negative!!
The reason behind this particular situation is hoarding and black marketing. After the draught in some region of our country is hyped as lack of basic products in the market. Actually it is hoarding of necessary items in an anticipation of more return.
As our govt is very eager to write off the debts of farmers on the cost of rest of tax payers, they have the responsibility to get the essential productions. If anybody sinned of such activities are to be punished as example to prevent such crimes..

Jai hind...

Real tears to Niketa and Haresh Mehta
Niketa and Haresh Mehta are the couple from Mumbai seeking permission to terminate the pregnancy of Niketa , for fear it would suffer for life। They were supported by Dr। Datar to file the petition before the Mumbai high court and they were rejected to get the favourable decision from the court।
When the couple was informed about the heart blockage found with the foetus, they have decided to abort the pregnancy with pain। Their decision shows how much they love their child to be born। The child to be born may be having health problems and even to life of the child। They don’t want their child to be suffered in his/her life and they proposed a petition to avail permission to abort the foetus। The court rejected the same quoting “no exceptional case has been made out। “The medical report says that there were last chances of child being seriously handicapped।
i don’t feel the society is against the handicapped । a lot of successful handicapeds are there to prove they aren’t disabled but differently abled । the parents will have some concerns to the child is very justifiable। Unfortunately the court couldn’t get the feeling of the parents। I feel sorry for the niketa and haresh ।
Let’s hope their child be born happy and healthy ।my plea to niketa and haresh to go hopefully for their child and receive him as he/she born। The way the child born doesn’t matter but the way he/she is developed।niketa and haresh seems to be very caring parents। They were worried about the healthof the child to be born। I hope they will prove to be the best parents।

alarming fuel price

fuel price has reached to $135/barrel by this weelk. this made the indian oil companies to hike the petrol price by rs.10/- and diesel price rs. 5/-. now the ioil is going to be very costly not only for the individual but also forthe nation . now the nation cannot afford the huge loss occuring for not switcing over the finacial brden to consumers and also cannot make the oil companies to bear the loss. the price of the oil is going to incerease with in a short spell.

we are now bound to check what are the reasons for oil hike. the main reason can be the increasing demand for the oils in a rocketting speed. the consumption of oil has reached to a 30 folds compared to the situation in olden days. its because of increase ion the number of vehicles we use. in short span of ten years the number of two wheelers and four wheeklers has increased to 25 times . all its amazing that the growth of our nation counts less than that.

the second reason is the oil is a non renewable source of fuels. it will be depleting as we use . and the major source of worlds oil resources are found with some countries. we are actually can be termed as consumers in this regard.

the third reason is increased use of oils in our country.the use of oils has increased to the extend we are moving with the luxury on oils. the way we use the oil are very disappointing and we ned a care for the optimum use of oils.

other is the pressure from the companies to make the petrol and diesel price to be very high. they will compell the ministry to hike the price . now they are demanding a hike of rs.10 .

what we can do ?

for every problem , there is an oppertunity with the suffere. he must identify the item and should make it in use so that the situation be eased . we can solve the problem by adopting a few habbits.

1. use fuels optimally.
2. avoid wastage of fuels.
3. walk the distances you can
4 . spread the need for the conservation of fuels

what the govt has to do..

we , the common men are te final sufferer in all respect. it is clearly evident that the hike iof oil prices was suppresed due to the election , not in an anticipation of falling price. i request the hike in higher denominations make us feel more bad than in smaller denomination. so i request our official to make the oil be like other products to get fluctuated in price levels.

the govt vcan hold a good stock of oils as the oil play a good role in price indices. a hike in oils will bring hike in all other commodities . so the govt can hold some stocks to smooth the price hike as sudden attack.

the govt should take initiative to get the black marketing of oils and to make the stedy supply of the oils inthe market . it will curtail the hiking fuel price.

as tail.......
some engineering students from rajastamn have designed an engine capable of giving 280 km mileage on an 95 cc engine . its a great effort from therir parts and can make utilise their effrorts inan eefective way..