Financial tsunami!! Time to come back home...

The whole world is suffering from the financial tsunami. Big names/corporates were first to fall and the induction effect still continuing. Despite several measures by the state govts world wide, there is no sign for a quick removal.Demands falter as people are skeptical of the future and the less spending on items with job losses world wide triggers a severe meltdown. Slowly and steadily, the effect is everywhere.

With the ILO predicting as many as 50 million jobs will be lost in the developing world and the world bank projecting zero growth in per capita income in Africa, the livelihoods of as many as four billion people are at stake.Already there have been dramatic withdrawals of capital from emerging markets and a drying up of credit including trade finances.Remittances are declining as immigrants returning home.

What it implies for India? Indian techies are loosing their jobs worldwide, more vulnerable are those who are working with MNCs and residing overseas.U.S. President Barack Obama recently signed into law a $787-billion US stimulus package to help lift the country's economy out of recession but with a word of cautious.It will directly impact to H1B visa holders as the companies receiving this fund will refrain from hiring outside workers.

Don't you think this is the clear sign of protectionism. Remember this is the same USA propagating the free trade concept and advocating open market, even labour reforms in WTO. What is happening right now? It is forced to take such measures so as to protect its own job.

People in MNCs are forced to quit company as projects dried up.Once the lucrative market is now shivering under tremendous pressure.Bad news are breaking news today as there is some kind of news of job loss or people coming from overseas after loosing jobs.This is bad bad news for India.

But then the time has come to reinvent ourselves , to think and to develop a future vision. India is growing, no doubt today we are the second largest economy and less affected by this financial crisis.There is anoromous scope to grow here in India.

It is time NRIs give this a first thought and should come back home without any further delay.India needs best brains. We have all the resources with us and also the will power to grow.

Though we are hit hard by the financial crisis but this is the right time to wake up and take the country to the top. we do not need external help for this. We have the inherent strength within us to reach the zenith.We have the technology,experts, raw materials, education etc.

In my opinion, this is the right time to come back home and to serve our own country. It is better to live in a dignified way rather to be kicked away from a foreign country. Though I know, India do not have the luxury as the western countries do but this is not in our culture to find faults in our mothers.

We have to stand by our own and not by any outsiders help.
Wake up Indians..come back home.

Interim budget of UPA: a sort of election speech ..and a complete disappointment

Quote..concluding remarks by Mr Mukherjee:

For all this and more, I would like to express my deep gratitude to UPA partners and supporters who walked the extra mile with us in this journey.

Mr. Speaker, Sir, our people will soon be called upon to exercise their democratic right to choose the next Government. The Indian people have repeatedly shown that they can be relied upon to make sound decisions to secure the nation’s future. They have seen how the ‘Aam Aadmi’ has become the focus of the development process. They have also seen how our Government has successfully steered the country through difficult times. They have experienced the joy of being citizens of a proud nation moving ahead with confidence. I have no doubt that when the time comes, our people will recognize the hand that made it all possible. The hand that alone can help our nation on the road to peace and prosperity.

My Reaction:

Wow! Mr Finance Minister, rightly said by the communists and the BJP...this is the election speech in the midst of parliament.

Could you find the reference of hand ( twice in red colour highlighted )..the symbol of INC. This can only happen in India. When the market, common man, the unemployed and the whole nation at large were looking upto the FM for presenting a budget which can wither away some of their worries by infusing some of hope..the budget was a complete disaster.

We were expecting some funds infusion or any package for the ailing industry but nothing like that happens. The present regime is having a huge liability as well the deficit is rising. No doubt, the next government will bear the burnt of such huge liability and it would be impossible for the next government to strike a balance. The collection of tax which is going southwords is also a major cause of concern.

Khakis will be khakis..can never be made pinks..

Qouting Mrinal Pandey:

Khaki made to turn pink

Mrinal Pande - Wednesday, February 11, 2009 10:36 AM

What all Renuka's rantings about Pub Bharo , could not achieve , a bunch of feisty young women journos with a healthy sense of humour have managed , by sending out a call via Facebook , for bombarding the violent armies of Ram Sainiks with pink Chaddis on Valentine's Day . These young women and their supporters are the true practitioners of Gandhigiri in our times . By a totally non violent but well timed comic gesture , they have reminded the public at once of the Khaki that lies beneath the saffron , and the ultra Right's ridiculous intolerance of women's assertion of their equality.

The women succeded for the same reason that Renuka failed . Their ire against the fascist activists of Mangalore was rooted in a democratic dislike for an attempt at curbing the basic liberties of citizens of all kinds , whereas Renuka wished to score debating points with a larger than life drama and in the process earn political Brownie points for her party . Her demand for storming pubs to protest against Sene's stand was as impractical , unGandhian and open to legitimate criticism as Advani's earlier demand for death penalty for rapists . Neither suggestion was practical , or addressed the root of the problem . Both tried to cash in on the public disgust for the act quickly and in doing so politicised the main issue and wiped off the human aspect of the crime .

So my congratulations to the young , who are shrewder , more compassionate and much better strategists than the senior political leaders .

My Reaction:

Dear madam, Though you have raised a valid point, the gandhian way of protesting by the young intellectual women yield results but the title is offensive to many. What do you mean by " khaki made to turn pink". What is this khaki symbolises. If by khakis , you want to turn your fingers on right wing organisations like RSS, then let me remind you that you are doing a terrible mistake. What is this Rama sene and their way of acting? They got what they want, cheap publicity. It would have been better if we could raise slogans and make people united to punish those guilty persons. No doubt, this is a victory with Chaddis and panties as weapons of destruction but it would have been better if you would have been written it in a different way. Its my sincere request to you to remove that khaki word from your writing.It is offensive to a particular organisation which stand for cultural unity and social upliftment of people.

About the "Pink Chaddi Campaign" and the modern girls..

Not shocking at all...

First it is the slogan from Renuka Chaudhury " Pub Bharo" and now it is sending pack of pink chaddi to Rama Sene outfit to show their anger with Gandhism attitude. Wah Munnabhai..ur formula is rocking...send flowers to wish " get well soon" .

To counter a disturbing trend of right-wing Hindu thugs beating up women going to pubs or wearing clothes they don't approve of, Bangalore-based Alternative Law Forum (ALF) has launched a satirical campaign to support India's "Pubgoing Loose and Forward Women". The Pink Chaddi Campaign asks women to send pink chaddis (underwear) to the ALF to forward to one of the bullying organisations, the Shri Ram Sene, which has threatened to attack couples found celebrating Valentine's Day.

wow..what an idea sirji and the movement catches fire slowly as it is being aired by net and FM radio etc..

So my advanced, modern and pub goers..hats off to you for innovating such a derogatory way to register your protest. It would have been better if you start a campaign to punish the guilty . But no..you want to take them head on..

Interestingly I found a nice reply somewhere against this so called campaign. According to Mr Muthalik girls were raped and molestated in valentines day all over India. Why not these so called pub goer girls offer themselves to be raped in public on the said day to protest against the Rama Sene's comments. Because they are free, advanced and self styled girls..let them do whatever they want to do..

In a recent survey in Mumbai, yougster have the opinion that they do not want kissing in public places as it is offending to the elders and our culture do not allow it all. But this so called groups by their campaign want to show the greatness of Indian women .

These incidents will surely have a greater impact to our nation at large and I wonder where we Indians are heading...Rama Sene ..the next taliban in India or the so called highly educated self styled younsters protesting in such a way...whatever it may be..the goons must be punished by law.

My own thinking is that protest but not in this way..which ultimately shows that our culture is of no value to us..Indians.

The big fight on non issues...

In India , its freedom to all as we Indians ( new generation ) was never a part of the great Indian revolution. What kind of independence we had at that time and what kind of liberty we want now. Its all about money power. It is the difference between the haves and have nots. The haves could go to pub, drink heavily, run down people, always on page 3, medias do glorify and they get free publicity and we the poor people can only analyse and fight among us ( reason unknown and unknowingly red carpet for the hate and quarrel well drawn ).Could you ever think of why we did analyse and shed tears that this is wrong, that is right. Perhaps we have lot of time to spare for such nuisances.I could hardly believe, the other day two of my close friends were literally fired up and almost beat each other ( they are trying to prove the greatness of Amir and Shahrukh khan ). Similar thing happened when a good friend circle of me turned violent on the issue of celebrating valentine day ( though none of them have girl friends and never celebrated the V day ).

This is the curiosity in this generation, they could rake up any issue and involve in exchange of words proving their own point and fight for these page 3 stories and the issues ( sometimes non issues hyped by media). they very well know that fighting each other would not solve their problem.

At last, one thing..

Man are anxious to improve their circumstances, but are unwilling to improve themselves; they therefore remain always bound ............