Sunday, August 15, 2010

Incredible India..



 Six Deadly Sins That Plague India

At the stroke of the midnight hour, when the world sleeps, India will awake to life and freedom – Jawaharlal Nehru on 14 August 1947..

Cut to 63 years after freedom and we wake up to an India that our martyrs never dreamed of. Today, India has become a land of more wrongs than rights as our nation is symbolised by abject poverty, corruption, a huge population and lack of transparent governance, to name a few ills.
India is free; so are we, but have we really valued the freedom that has been granted to us by martyrs who fought valiantly so that we could be born free? Do we think it’s a part of our legacy that has been passed on to us through the years?
Freedom is not about being free, it is a great responsibility. Freedom does not give us the right to misuse our rights, but it gives us the power to make better choices. This Independence Day, let us stay away from the usual festivities and pledge to free ourselves from the ills that exist in our society to build a better India. For this, we need to get rid of the six deadly sins.

Sin 1:
When it comes to corruption, we are second to none. Year after year, Indians have consistently hit rock bottom when it comes to the global corruption index; from an ordinary peon to our highly decorated babus, everyone has their hands full with bribes or ghoos as we fondly call it.
I can’t remember a single year when we were not hit by a money-laundering scandal; this year too, the Commonwealth Games organising committee has been in the news for misappropriation of funds. What a shame – Commonwealth Games could have been a great way to show the world that we are well-equipped to organise global events but what we achieved is quite the opposite. It’s time we said no to corruption.

Sin 2:
We take pride in calling India a democracy, but from time to time our country has witnessed violence in the name of religion or caste. Violence has very much become  a part of our lives as we readily resort to force when things don’t go the way we want them to go.
What is more lamentable is the fact that India projects itself as a progressive nation when we still have killings in the name of honour and female infanticide is still rampant in many parts of the country. It’s a shame that our leaders still play the caste card to garner votes when development should be the agenda. We need to get rid of the bias that deprives us of peace and tranquility.

Sin 3:
We need better governance for our country to be on par with the best. We all know of the Naxal threat that India faces today, but have we really contemplated the cause behind their uprising? The reason is simple – even as India prides itself on its growth rate and on how it is fast becoming one of the most important economies in the world, an important facet of that development remains skewed.
We need effective leaders that can banish such ills and make people feel that they all are a part of our fabled growth story. How long can we have leaders like Mayawati who mindlessly squander people’s money on some statues? The need of the hour is to banish leaders like these by voting them out of power. So next time you think why vote, just recall Mayawati and her statues.

Sin 4:
We need to stop ignoring the wrongs that are happening around us. As a thumb rule, we Indians are a self-centred lot and things simply don’t bother our conscience as long as our homes are in order. Why are we like this? This has to stop; we have to wake up to our duties as we are a vital cog in the wheel as far as the nation’s betterment is concerned.
We have utter disrespect for the law of the land as we tend to be mute spectators as we see children being employed or a accident victim lying helplessly on the road. We have to shrug off this callousness and apathy for a better tomorrow.

Sin 5:
When it comes to greed, we are second to none. I am not saying that others are not affected by the greed bug, but Indians stand out. I am really not being harsh or unpatriotic – take the example of private hospitals where the patient is fleeced of his very last penny or held to ransom until he pays the bill.
Even our institutes of learning are here to make a fast buck. These institutes may or may not provide you with quality education but what is for sure is that the fee will burn a huge hole in your pocket. Traders in India for sure know how to make a windfall, as most of them have mastered the art of hoarding, leaving many  to die of hunger. All they care is about the

Sin 6:
It’s a shame that thousands of poor farmers are forced to commit suicide year after year. A widening spiral of debt and despair has forced at least 200,000 farmers to take their own lives in India over the past 13 years. Such is the economic disparity in our country that the rich are becoming richer and the poor poorer.
Ours being an agrarian nation, efforts should be made to see that our kisans should have access to the best of the facilities at their disposal. For India to prosper, the real ‘Bharat’ has to have a piece of the pie called prosperity.

If we work towards eradicating these sins, then we can truly celebrate our Independence Day – Jai Hind

Saturday, July 24, 2010

INDIA- THE FUTURE LOGISTICS HUB



Logistics in India don't differ too markedly from logistics anywhere else in the world. It's the the art and science of managing and controlling the flow of goods, products, services, energy, information and people from the origin point to the destination point. It includes the proper combination of several activities such as material handling, warehousing, and information, for the purpose of ensuring supply of the right product, at the right time, at the right place, for a right cost in the right condition.
  
In the past, India has been the student rather than the expert when it comes to the field of logistics. But with its current expertise, valuable human resources and positive plans, it surely is walking on the path of being a service provider of class. There are several factors that benefit the Indian economy for reaching success in the field of logistics,

1. India is the fourth largest economy in the world.
  2. It is believed that about one-quarter of the youth population of the world resides in India.
  3. India has human resources that are high in knowledge and abilities.
  4. It is the second-largest English speaking workforce.
  5. It has the 2nd largest pool of qualified technical workforce.

India spends 13 percent of its Gross Domestic Product (GDP) on logistics as opposed to the usual practice of 10 percent by other developing nations. The Indian economy is striving for improvements in the field of logistics and supply chain management to gain the competitive edge in today's worldwide economy. The Indian government has favored the logistics market of India by making some helpful plans and policies to assist in its growth.
There are several events organized for the promotion of logistics in India which are focused in their approach and relevant to the business solutions besides providing a solid platform for allowing people from a wide industry spectrum to meet and provide business within themselves from all over the country. This has been an emphatic source of providing business solutions and their development.

Several global third party logistics providers (3PLs) have already started developing their operations and service networks in India with a purpose to explore the rampant Indian economy.
This has resulted in the creation of the need for a vast range of supply chain management (SCM) and logistics solutions which cover several factors such as supply chain, logistics, material handling, storage, Information technology (IT), warehousing and inventory management. This has benefited the efficiency and productivity of the complete value chain in several dimensions of profits, speed and customer service.

The Confederation of Indian Industry (CII) is the premier business organization with a known commitment towards the development of logistics in India. It has established the CII Institute Of Logistics which is a specialized state-of-the-art institute of excellence with its focus on SCM and logistics. It is brought up to satisfy the latest industry needs for specialized SCM and logistics.

India is being treated as the destination of the future in the field of logistical service providers all over the globe. Indian logistical market players have started to gear up and position themselves in the global scenario. The true potential of these service providers is yet to be realized. India is keen to offer transportation and logistical service to grow itself as an emerging marketplace. The key sectors include fashion, gems, jewelry, pharmaceuticals, precision tools and engineering goods, all of which need special shipping provisions.


THE EURO CRISES









THE EURO CRISES
The acute phase of the global financial crisis was short, lasting from the collapse of Lehman Brothers on September 15, 2008, to the day the Dow hit a trough on March 9, 2009. But, like a violent heart attack, the interruption of credit—the economy’s life blood—lasted long enough to permanently damage the industrial countries at the center of the crisis. The damage took three main forms, each of which poses a major risk to the stability of the global economy today: high and rising public debts, fragile banks, and a huge liquidity overhang that will need to be eventually withdrawn.
The Euro crisis, which strikes at the heart of the world’s largest trading block, contains only two of the three fateful elements—problematic sovereign debt in Greece and other vulnerable countries, and fragile European banks, which hold a large part of that debt. Monetary policy in the Euro area and in industrialized countries more generally, remains expansionary and, if anything, the crisis pushes back the time when tightening can occur safely. As a result of the problems in Europe, the world economy has become even more exposed to the three mega-vulnerabilities.
The Deeper Causes of the Euro Crisis

While ballooning public debt may be the clearest manifestation of the Euro crisis, its roots go much deeper—to the secular loss of competitiveness that has been associated with euro adoption in countries including GreeceIrelandItalyPortugal, and Spain (GIIPS).
The sequence of events that led to the secular loss of competitiveness is depressingly similar among the GIIPS countries: 
§  The adoption of the euro was accompanied by a large fall in interest rates and a surge in confidence as institutions and incomes expected to converge to those of Europe’s northern core economies.
§  Domestic demand surged, bidding up the price of non-tradables relative to tradables and of wages relative to productivity.
§  Growth accelerated, driven by domestic services, construction, and an expanding government, while exports stagnated as a share of GDP, and imports and the current account deficit soared amid abundant foreign capital.
§  The result was that indebtedness—public, private, or both—surged.
Meanwhile, following reunification, Germany was undergoing a historic transformation to become the world’s largest exporter, and all of Europe’s northern economies reaped the benefits of the expanded market and decreased competition offered by the GIIPS. But the growth model in the GIIPS was inherently flawed: eventually, the domestic demand bubble burst. Now, governments must shrink, and high costs preempt any efforts to resort to export markets for growth. Countries are stuck in a low growth equilibrium—and potential domestic battles over the limited resources will only accelerate the onset of crisis.
This basic story fits the Euro area periphery, but the details vary within each country. For example, Italy and Portugal saw growth peak very early on, while Greece, Ireland, and Spain enjoyed decade-long booms followed by busts during the global crisis. The single monetary policy of the euro was too loose for the countries who enjoyed the biggest boom and accentuated their inflation and competitiveness loss, while it was too tight for larger economies like Germany, depressing domestic demand there and widening its unit labor cost advantage vis-à-vis the GIIPS.     
Effects on Other Countries
A similar and even more virulent strain of the euro disease has already hit countries that are not part of the Euro area but that pegged their currencies to the euro many years ago, beginning with Latvia, Estonia, and Lithuania. Other recent EU joiners, such as Hungary and Romania, retain flexible exchange rates, but are constrained by large foreign currency debts in their ability to devalue. As a consequence, they too suffer from the euro disease.
The rest of the world will feel the effects of the Euro crisis via six important channels: first, the crisis will lower growth in Europe, a market toward which about a quarter of world exports are destined. Second, it will lead to further euro depreciation, sharply reducing profits from exports to Europe while also increasing competition from the continent. Third, by keeping policy rates low in Europe and potentially other industrialized countries as well, the crisis may encourage capital surges into emerging markets. Fourth, the crisis will add greatly to the volatility of financial markets and will lead to bouts of risk-aversion. Fifth, and potentially most important, the crisis could deal a mortal blow to many fragile financial institutions. Sixth, a failure to contain the crisis will raise the alarm on sovereign debt in other industrial countries and, inevitably, in any exposed emerging market.




Response in the Rest of the World

Most importantly, this crisis shows countries outside the Euro area that they need to rely more on domestic demand and on the demand of emerging markets and be even more cautious when formulating macroeconomic policy. In addition, prospective euro joiners should take heed and delay entry until they have dealt with their lack of competitiveness. Based on the experience of the GIIPS, if and when they enter, they must discourage a flood of investment from going into non-tradable sectors and they must maintain large fiscal surpluses.
The Euro crisis experience has also reinforced the message that strictly pegged exchange rates, combined with open capital accounts and the ability to borrow abroad (as in the GIIPS and the Baltics), can be dangerous. Countries with flexible exchange rates or pegged exchange rates but tight capital controls have dealt with the dislocation caused by the Great Recession better.
Last but not least, the Euro crisis has exposed the limitations of regional mechanisms—even among countries with deep pockets—in dealing with financial crisis and underscored the vital role that a global lender of last resort, in the form of the IMF, can play. Not only can the institution bring more resources and broader expertise than would plausibly be available to a regional institution, but its distance from potentially divisive regional politics can represent a big asset.

Thursday, July 15, 2010

Educated illiterates: http://www.youtube.com/watch?v=LShriG7xqOk Few pe...

Educated illiterates:
http://www.youtube.com/watch?v=LShriG7xqOk
Few pe...
: "http://www.youtube.com/watch?v=LShriG7xqOk Few people really forgot the meaning and importance of life..Lets redefine it. I hope this video..."


Few people really forgot the meaning and importance of life..Lets redefine it. I hope this video will convey my message to all those who are ready to take lives for granted.I really feel sorry for those who lost their love and life in these kind of brutal accidents..

Life will never give you a second chance..Think about it.....

As the tittle of my blog says Educated Illiterate i really like to dedicate this article to those who can read and understand common things but don't know why they are very much uncomfortable while following it. Life is a precious gift for everyone and living a life without any disability itself is a beautiful gift. Whenever i see a disabled person struggling hard for his life i close my eyes for a while and say to my lord please  bless him with courage and take away his pains so that he can find his happiness in his struggling life and  thanks to my lord for blessing me with such a happy life.At this point of time i really wonder how can a person be so selfish that without thinking of any uncertainty he drives his car/bike so fast. Honestly friends till today morning even i was like those selfish people but after watching a video  that shows how a persons carelessness can change many life i really broke down. Today while going to college i observed many people  who really don't care about themselves and at the same time about others. I don't know why but i really felt guilty. I really want to share that video with all those who drives without their senses. What i learned today is "Life wont  give you another chance" , and trust me living a life with a guilt is not an easy job.So please think again when you feel like doing a crazy stunt it can kill a whole family and their happiness.  
Best Lines I Ever Heard
  MY IMMORTAL




I'm so tired of being here, suppressed by all my childish fears
And if you have to leave, I wish that you would just leave
Your presence still lingers here and it won't leave me alone
These wounds won't seem to heal, this pain is just too real
There's just too much that time cannot erase
When you cried, I'd wipe away all of your tears
When you'd scream, I'd fight away all of your fears
And I held your hand through all of these years
But you still have all of me
You used to captivate me by your resonating light
Now, I'm bound by the life you left behind
Your face it haunts my once pleasant dreams
Your voice it chased away all the sanity in me
These wounds won't seem to heal, this pain is just too real
There's just too much that time cannot erase
When you cried, I'd wipe away all of your tears
When you'd scream, I'd fight away all of your fears
And I held your hand through all of these years
But you still have all of me
I've tried so hard to tell myself that you're gone
But though you're still with me, I've been alone all along
When you cried, I'd wipe away all of your tears
When you'd scream, I'd fight away all of your fears
And I held your hand through all of these years
But you still have all of me......