The Unique Family- Introduction.

This is a story of a family in India, which goes through the various phases. This is story of India also, which metamorphasies to become one of the leading economies in the modern times.

Should the Crime capital, be the Capital of India.

I have been pondering on this issue for a long time. Please read the article below. http://www.hindu.com/2008/10/06/stories/2008100655691300.htm
We do understand that the statement given by chief minister of Delhi might have been blown out of proportion, but this is the height. Instead of stating that the case will be resolved very shortly, is this kind of a statement which should be given by chief minister of any state. We have had incidents after incidents, bomb blasts, murders and what not. Is our capital ready for answering these kinds of questions? Is our capital ready for Common wealth games, which is around the corner, where female folks might have to travel in the night? Who knows if they will be provided with adequate protection or not.

Slow and Steady, Wins the Race.

There is an age old saying; slow and steady wins the race. Indian economy has not yet opened completely, but had we opened the economy very fast what would have been our fate? Would it have been some what similar to that of Iceland? Read the article below.
http://www.guardian.co.uk/business/2008/oct/09/gordonbrowniceland
Just imagine the kind of blood bath if we were to open up rapidly. Even after opening our economy steadily we have seen night mares during the day times. Read the article below.
http://economictimes.indiatimes.com/Investor_wealth_plummets_by_Rs_3650000_cr/articleshow/3577591.cms
Have we learnt from our past mistakes? Due to the credit agencies rapid down grading of Lehman Brothers, one of the oldest and largest i-banks collapsed. Is the US government waking up to these kind of reporting. Had the rating agencies restrained or slowed the down grading of Lehman, was it possible to save this bank? We have to think again. So goes the old saying Slow and Steady Wins the Race.

Nationalized or Localized

The Origin
We often see a lot of fights on language spoken/place of origin etc. what is our place of origin, what is our language. If we are going to do a soul searching, we will find that we are migrants from central Asia with one language which is Sanskrit. Which then got influenced by a lot of languages/cultures from across the world.

The Localized
When are we going to raise above all these petty things. Please go through the links below.
http://economictimes.indiatimes.com/PoliticsNation/SRK_faces_the_Thackeray_tirade/articleshow/3464444.cms
http://news.oneindia.in/2008/04/05/tamil-superstar-rajnikanth-denounces-karnataka-cauvery-1207371900.html

The Nationalized
We have a big crisis in Bihar, we have a big fight going on in Kashmir. As Indians we have to raise above our local expectations and stand for a good cause. A lot of states are in fact paying a lot of funds for a good cause(read Bihar crisis). Which is good, but we need this from each and every individual/institutions/states. What ever we do is miniscule.
Recently we have seen lots of endorsements from lots of states to the lone gold medal winner (read Abhinav Bindra). Which is quite encouraging, hope we encourage good things and stand up for a good cause going forward. We have to be forward looking and not backward looking.

Savings rate of a Country is the saving grace of the country

Individual Savings is very much similar to a reserve that any institution keeps for any kind of emergencies. There is a saying, the rate at which you save for the rainy days, will not only save you from starvation but also from unwanted circumstances. Savings rate in Asian economies is very good, here is what Mr. Premji has to say on US savings rate. http://www.expressindia.com/latest-news/Low-savings-in-US-making-dollar-weak-Premji/315730/

which is quite natural, you have a country which has been a great innovator, but the problem is that it has to save in order to grow again into a world super power. In India savings are basically driven by Indian government, which encourages its people to save by giving tax benefits. Why not try this out for a change.

An American with Indian values

We have so often seen people with very few values. Indians are known to have values, respect your parents,love your family, do spend for yourself at the same time don't be a spend thrift and lastly give back to the society from which you have got so much. After reading this article,
Warren Buffet

I think that Mr.Warren Buffet fits the bill perfectly.

Is US responsible for the Crude oil to sky rocket.

we have been hearing that oil might cross $150 a barrel. some years ago the US had attacked Iraq, without any staunch reasons. I believe Iraq was one of the main contributors of Oil to OPEC and in turn to the world. Today since Iraq has not yet started production of oil.. the statistics tells it all... So as the old sayings goes, as you sow so you reap.
In addition to that major oil producers accept only in terms of $, now since the $ has gone weak so has the crude grown from strength to strength.

Expats in India

Recently gone through an article in Economictimes seems to be good. http://economictimes.indiatimes.com/articleshow/2976676.cms seems to be good article. Only issue that i found was that, we have restrictions for doctors, we have to remove it I suppose. The reason is simple, as per the statistics we have 1 doctor per 1000 people in Urban area and 1 doctor per 10,000 people in rural area.

Future fuel for INDIA - Ethanol Vs CNG

There is finally a substitute for fossil fuels, with CNG/Ethanol. We already have CNG vehicles but are we going to have e-85 like vehicles on road, I doubt. We should at atleast try with mixing 10% ethanol and petrol, if it is working in the rest of the world,then why not here in India. I think we lack the political will to bring this change. If this happens, we will be able to save a lot on our exchequer. CNG will be a reality by 2010, with RIL and ONGC having found huge reserves. If the political parties play it properly, we might end up having a Trade Surplus.

Inflation - Production Vs Consumption

Usually we always dread the word inflation, but actually speaking it is nothing more than the trend analysis of consumption vs production. We should always try to be proactive and not reactive in case of production. As the urban population rises, there will always be a supply side constraint, since the food crops are usually a produce of rural areas. In addition we have to use the statistical tools appropriately in case if we have to be effective in curtaining the input cost. There are other aspects like the cost of production at the point of production should not vary drastically with that of point of sale. For this we have to have measures like having a constant monitoring at all places of sale/purchase of the products in case of essential commodity. And last but not the least in case if the price has gone beyond our expectations we should have an alternative for example. If the consumption of wheat is more, then is there a substitute yes we have rice as a substitute. If crude is going beyond certain level, can we have a blend of ethanol with that of petrol not as an option but as mandatory to curtain the impact of importing crude on the economy? These are the simple measures that we can apply to ease the adversities of impact of rising commodities on any given economy.