Management Lessons


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All the Best and Good Luck

Four Deadly Management Lessons

Lesson Number One *

A crow was sitting on a tree, doing nothing all day. A small rabbit saw the crow, and asked him, “Can I also sit like you and do nothing all day long?”

The crow answered: “Sure, why not.”

So, the rabbit sat on the ground below the crow, and rested. All of a sudden, a fox appeared, jumped on the rabbit and ate it.

Management Lesson: To be sitting and doing nothing, you must be sitting very, very high up.

Lesson Number Two *

A turkey was chatting with a bull.

“I would love to be able to get to the top of that tree,” sighed the turkey, “but I haven’t got the energy. “Well, why don’t you nibble on some of my droppings?” replied the bull. “They’re packed with nutrients.”

The turkey pecked at a lump of dung and found that it actually gave him enough strength to reach the first branch of the tree. The next day, after eating some more dung, he reached the second branch. Finally after a fortnight, there he was proudly perched at the top of the tree. Soon he was promptly spotted by a farmer, who shot the turkey out of the tree.

Management Lesson: Bullshit might get you to the top, but it won’t keep you there.

Lesson Number Three *

When the body was first made, all the parts wanted to be Boss. The brain said, “I should be Boss because I control the whole body’s responses and functions.”

The feet said, “We should be Boss as we carry the brain about and get him to where he wants to go.” The hands said, “We should be the Boss because we do all the work and earn all the money.” And so it went on and on with the heart, the lungs and the eyes until finally the asshole spoke up.

All the parts laughed at the idea of the asshole being the Boss. So the asshole went on strike, blocked itself up and refused to work. Within a short time the eyes became crossed, the hands clenched, the feet twitched, the heart and lungs began to panic and the brain fevered. Eventually they all decided that the asshole should be the Boss, so the motion was passed.

All the other parts did all the work while the Boss just sat and passed out the sh*t!

Management Lesson: You don’t need brains to be Boss, any asshole will do!


Lesson Number Four *

A little bird was flying south for the winter. It was so cold, the bird froze and fell to the ground in a large field. While it was lying there, a cow came by and dropped some dung on it. As the frozen bird lay there in the pile of cow dung, it began to realize how warm it was. The dung was actually thawing him out!

He lay there all warm and happy, and soon began to sing for joy. A passing cat heard he bird singing and came to investigate. Following the sound, the cat discovered the bird under the pile of cow dung, and promptly dug him out and ate him!

Management Lessons Summary:

1. Not everyone who drops sh*t on you is your enemy.
2. Not everyone who gets you out of sh*t is your friend.
3. When you’re in deep sh*t, keep your mouth shut!


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Ranjani Geethalaya(Regd.) (Registered under Societies Registration Act XXI of 1860. Regn No S/28043 of 1995) A society for promotion of traditional values through,  Music, Dance, Art , Culture, Education and Social service. REGD OFFICE A-73 Inderpuri, New Delhi-110012, INDIA Email: ranjanigeethalaya@gmail.com  web: http://ranjanigeethalaya.webs.com (M)9868369793 all donations/contributions may be sent to Ranjani Geethalaya ( Regd) A/c no 3063000100374737, Punjab National Bank, ER 14, Inder Puri, New Delhi-110012, MICR CODE 110024135  IFSC CODE PUNB00306300

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10 Simple steps on road to improvement


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Well, This is my second episode on management consultancy.
Ok, straight to the point, Continuous Improvement is an on-going effort in order to improve products, services or procedures of any organization. The effectiveness or efficiency enhancement can be in terms of cost optimization, better quality, improved customer satisfaction index, quick response time, fast production rate, reduced fault rate, Six Sigma Compliance, electricity conservation and several other domains.

According to management consultants there are three kinds of improvements;
Continuous Improvement: Improvement at a linear rate.
Continual Improvement: Improvement at gradual rate.
Breakthrough: A giant leap with major changes in a domain or several domains, sometimes executed only once.

  

Below is the recommended strategy for the Execution of Improvement Process:

1-     Define current performance of Product, Services of Procedure(s).
2-    Identify areas of improvements (suggestions available in first paragraph of this article)
3-    Brainstorm the available ideas

a.     Consider Fishbone diagram, Cause Effect diagram. Perform analysis by doing breakdown of bigger problem into smaller problems.
b.     Seek feedback and recommendations from Management Consultants
c.     Seek advice from Managers, Field Employees, Stake holders, Subject Matter Experts.
d.     Consider customers’ / End users’ feedback about quality of products and services.  

4-    Make final list of options to execute. Consider associated risks with each execution. Consider Mitigation strategies for these risks.
5-    Execute the options one by one on a small scale in a controlled environment based on risk mitigation strategies. 
6-    Prepare the observation register and list down the lessons learnt.
7-    Review the observations with managers, senior management, SMEs (Subject Matter Experts) and stake holders.
8-    Implement the change on large scale and set new standard.
9-    Celebrate and reward.
10-  Go back to Step one for Continuous/Continual Improvement 


Some recommended articles:

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Ranjani Geethalaya(Regd.) (Registered under Societies Registration Act XXI of 1860. Regn No S/28043 of 1995) A society for promotion of traditional values through,  Music, Dance, Art , Culture, Education and Social service. REGD OFFICE A-73 Inderpuri, New Delhi-110012, INDIA Email: ranjanigeethalaya@gmail.com  web: http://ranjanigeethalaya.webs.com (M)9868369793 all donations/contributions may be sent to Ranjani Geethalaya ( Regd) A/c no 3063000100374737, Punjab National Bank, ER 14, Inder Puri, New Delhi-110012, MICR CODE 110024135  IFSC CODE PUNB00306300

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உணவைக் குறைத்து உடலை அழகாக்க…


உணவைக் குறைத்து உடலை அழகாக்க…

உடல் அமைப்பை கட்டுக்கோப்பாக வைத்திருக்க டயட்டில் இருப்பவர்கள் இன்று நிறையபேர் உள்ளனர். உணவைக் குறைத்து உடலை அழகாக்க போகிறோம் என்ற தாரக மந்திரத்தை பின்பற்றும் இவர்களில் பலர் பட்டினி கிடந்து உடல் இளைத்துப்போவதும் உண்டு.

இப்படிப்பட்டவர்கள் ஆரோக்கியமான டயட் முறையை பின்பற்ற சில டிப்ஸ்:

* தினமும் ஏதாவது ஒரு பழ ஜூஸ் குடியுங்கள். நீங்கள் குடிக்கும் பழ ஜூஸ் அப்போது தயாரிக்கப்பட்டதாக இருக்க வேண்டும். அதில் சர்க்கரை மற்றும் ஐஸ் சேர்க்காமல் சாப்பிடவும். சர்க்கரை சேர்த்தால் பழத்தின் முழு சத்தும் குறைந்து விடும்.

* எண்ணெய் அதிகம் சேர்த்து தயாரிக்கப்பட்ட உணவு வகைகளை முடிந்தவரை தவிர்த்து விடுங்கள். முடிந்தவரை காய்கறிகளை உணவில் அதிகம் சேர்த்துக்கொள்ளவும்.

* வேக வைத்த பயிறு வகைகள், தானியங்கள், காய்கறிகள் உங்கள் உணவு பட்டியலில் முதலிடம் பிடிக்கட்டும்.

* இட்லி, இடியாப்பம், ஆப்பம், புட்டு போன்ற வேகவைத்த உணவுகளை அளவோடு சாப்பிடவும்.

* உண்ணும் உணவில் அதிக காரம் இல்லாமல் பார்த்துக் கொள்ளுங்கள். காரத்திற்காக சேர்க்கும் பச்சை மிளகாய்க்கு பதிலாக மிளகு சேர்ப்பது நல்லது.

* மாலை வேலையில் கண்ட கண்ட நொறுக்கு தீனிகளை வாயில் போட்டு நொறுக்காமல், வேக வைத்த தானிய வகைகள், சுண்டல் ஆகியவற்றை சாப்பிடவும்.

* அவ்வப்போது, பல வகை பழங்களை கொண்டு செய்யப்பட்ட சாலட் சாப்பிடுவதும் நல்லதுதான்.

* புளிப்பான உணவுகளை முடிந்தவரை குறைத்துக்கொள்ளவும். அதுக்கு பதில் தக்காளி சேர்த்துக்கொள்ளுங்கள்.

பழங்கள் சாப்பிடும் முறை:

* காலையில் படுக்கையில் இருந்து எழுந்ததும் வெறும் வயிற்றில் பழங்கள் சாப்பிட்டால் உடலில் சேர்ந்திருக்கும் நச்சுப்பொருட்களை மலமாக வெளியேற்றும்.

* இதனால், உடலுக்கு புத்துணர்ச்சியும், தெம்பும் கிடைக்கும்.

* சாப்பிட்ட பின்பு பழம் சாப்பிட்டால் முதலில் பழம் தான் ஜீரணமாகும். உணவுகள் செரிக்க கூடுதல் நேரமாகும்.

* உட்கொண்ட உணவுகள் செரிக்காத நிலையில், உடனே பழங்கள் சாப்பிடுவதால் வயிற்றுக்குள்ளே செரிமானமாகிக் கொண்டிருக்கும் உணவு கெட்டுப் போகும். அதனால், சாப்பிடுவதற்கு ஒரு மணி நேரத்திற்கு முன்பாகவோ அல்லது பின்னரோ பழங்கள் சாப்பிடுவதுதான் உடலுக்கு ஆரோக்கியம் தரும்.

* பழங்களை தனியாக சாப்பிடாமல், அதனுடன் இனிப்பு சேர்த்து மிக்சியில் போட்டு அடித்து ஜூஸாக சாப்பிடும் வழக்கம் பலரிடம் உள்ளது. இது தவறு.

* பழங்களை ஜூஸாக சாப்பிடுவதைவிட பழமாக அப்படியே சாப்பிடுவதுதான் நல்லது. அவ்வாறு சாப்பிடுவதால் நார்ச்சத்து நிறைய கிடைக்கும். சத்தும் முழுமையாக கிடைக்கும்.

How to be unproductive in life……????


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You probably already tried everything you can to become more productive. Some things worked and some did not. Now it is time to try to be completely unproductive. It’s much simpler than you think! What are the guaranteed 12 ways to quickly become unproductive?

You may also like:You’ll Hate Yourself Later If You Don’t Get Rid Of These Habits

1. Keep everything in your head

Your brain counts the tasks like this: 1, 2, 3, 4, lots. If you don’t store information outside of your head in any visual form, you will quickly get lost. I once talked to a highly stressed person who stated she had “a lot to do”. When we wrote down this “a lot”, it turned out that she could perform most of the tasks within one evening! It is a great surprise to many when they write down their tasks, events, meetings and thoughts on a sheet of paper.

You may also want to read: How to Organize Your Life to Find More Time

2. Keep everything equally important

Avoiding prioritization is a great handy hint for being completely unproductive. With every phone call, email, talk, task within multiple projects, or meeting request, you simply task switch and completely lose focus because you can’t decide. When you are aware of your priorities you can immediately postpone some things for later. And you really should!

3. Use distractions

Another great way to become unproductive is to open Twitter, a few Facebook and Google+ tabs, your email account, put your phone in front of you, use Outlook desktop alert – any blinking thing you can think of and any other way of distracting you that is possible. You need several minutes to focus completely on your task, get into the “flow” and be really efficient, and this way you will be distracted every few seconds and you will never reach that state.

4. Get rid of emotions

Fun and emotions are what keep you engaged in an activity much longer than you think. You have greater energy, passion, and think more creatively. If you get rid of emotions from your activities, you simply have a boring list of tasks to accomplish. Just look what fun can bring to your life:

5. Use only one brain hemisphere

There is some great art coming out of the Mercedes Benz “Left Brain – Right Brain” advertising campaign, which (according to researchers) isn’t completely relevant, but shows a great truth: if you don’t use colors, sounds and everything is flat and black and white, it’s like you are using only half of your brain. If you don’t want to be unproductive, turn on colors in your email inbox, calendar and task list. Make it fun!

6. Never say “no”

This is great way to become unproductive when used together with previous hints. With every email and request coming from your boss, colleagues and family, you simply say “yes” and take it on. This way you never know your limits, your task list is ever growing, you become unreliable, and put yourself into a victim mindset. The most surprising moment for many people is when they say “no” and it doesn’t break the relationship (as it shouldn’t!), in many cases they also find they become perceived as more reliable. Assertiveness is hard, but it is key.

7. Focus on your weaknesses

You know what is different about the people that excel from the rest? The greatest people focus on their strengths and they build on top of them. That gives them energy to fight their weaknesses. You simply can’t do the opposite. Think about Michael Jordan or Tiger Woods – they would get better and better at things they were already great at! If you want to be unproductive, focus on your weaknesses all the time, it will drain all your energy, put you in a bad mood and take your eyes away from your vision for your life.

8. Do everything yourself

So, you are the smartest person on the whole planet and you shouldn’t delegate anything because you do things best. Another great way to be completely unproductive! You can be really effective in doing some things, but not all. When you do things alone, you are losing the spirit of teamwork, great ideas, and different perspectives.

9. Make things complex

Einstein said, “If you can’t explain it simply, you don’t understand it well enough.” Another great way to become unproductive is to make things more and more complex. Then build complex processes around those complex activities. Then spend hours trying to explain all that to others and handle misunderstandings. Beauty lies in simplicity. Think for a moment about the “I have a dream” speech delivered by Martin Luther King, Jr. It was so simple and powerful that it touched people’s hearts and spurred thousands of them to act.

10. Get rid of vision

Living and working without any vision is a great way to be completely unproductive. Vision is a fuel for your mind and body. Martin Luther King’s speech mentioned above put so much passion in people that many of them were willing to die fighting for this vision. Vision brings order to your activities, refreshes your emotions, reminds you about the real goals. Without it you can be just one more effective task executor.

11. Stop doing retrospectives

Experience without reflection on that experience is just data. A great way to be unproductive is to make the same errors over and over again. Thomas Edison said, “I have not failed 700 times. I have not failed once. I have succeeded in proving that those 700 ways will not work. When I have eliminated the ways that will not work, I will find the way that will work.” And Bill Gates said, “It’s fine to celebrate success, but it is more important to heed the lessons of failure.” The most effective people do not rely purely on luck or coincidence. Every day and every week they reflect on past experiences and take conscious decisions to get closer to reaching their goals.

12. Try multitasking

The final and the quickest way to be unproductive is to try to do two things at the same time. Some people say, “Multitasking is a great way to screw up multiple things at the same time,” and it is very true. We need to multitask in the same way as our old CPUs used to do it – a single CPU with single core was able to run a multitasking operating system, which performed very smoothly by just switching the tasks in the right way.
source: LifeHack

Enter the Dragon- Chinese Economic growth


 

This article, though aimed at a US audience, gives a scary insight into China’s growing economic power.

 
A Little Known Reality.
June 8, 2013. Source: Michael Snyder, Guest Post
In future China will employ millions of American workers and dominate thousands of small communities all over the United States. Chinese acquisition of U.S. businesses set a new all-time record last year, and it is on pace to shatter that record this year.

The Smithfield Foods acquisition is an example.  Smithfield Foods is the largest pork producer and processor in the world.  It has facilities in 26 U.S. states and it employs tens of thousands of Americans.  It directly owns  460 farms and has contracts with approximately 2,100 others.  But now a Chinese company has bought it for $ 4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America.  

Thanks in part to our massively bloated trade deficit with China, the Chinese have trillions of dollars to spend. They are only just starting to exercise their economic muscle.

It is important to keep in mind that there is often not much of a difference between “the Chinese government” and “Chinese corporations”.  In 2011, 43 percent of all profits in China were produced by companies where the Chinese government had a controlling interest in.  


Last year a Chinese company spent $2.6 billion to purchase AMC entertainment – one of the largest movie theater chains in the United States.  Now that Chinese company controls more movie ticket sales than anyone else in the world.  

But China is not just relying on acquisitions to expand its economic power.  “Economic beachheads” are being established all over America.  For example, Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on a $100 million plant in Thomasville, Alabama.  Many of the residents of Thomasville, Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on communist China.

And guess where else Chinese companies are putting down roots? Detroit. Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers. If you recently purchased an “American-made” vehicle, there is a really good chance that it has a number of Chinese parts in it. Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in the United States.

China seems particularly interested in acquiring energy resources in the United States.  For example,  China is actually mining for coal in the mountains of Tennessee.  Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee.  At the time, that acquisition really didn’t make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal.  

And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries. Right now China is actually building a city larger than Manhattan just outside Minsk, the capital of Belarus.
Are you starting to get the picture? China is on the rise. If you doubt this, just read the following:
# When you total up all imports and exports, China is now the number one trading nation on the entire planet.
# Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.
# China has more foreign currency reserves than anyone else on the planet.
# China now has the largest new car market in the entire world.
# China now produces more than twice as many automobiles as the United States does. After being bailed out by U.S. taxpayers, GM is involved in 11 joint ventures with Chinese companies.
# China is the number one gold producer in the world.
# The uniforms for the U.S. Olympic team were made in China.
# 85% of all artificial Christmas trees the world over are made in China.
# The new World Trade Center tower in New York is going to include glass imported from China.
# China now consumes more energy than the United States does.
# China is now in aggregate the leading manufacturer of goods in the entire world.
# China uses more cement than the rest of the world combined.
# China is now the number one producer of wind and solar power on the entire globe.
# China produces 3 times as much coal and 11 times as much steel as the United States does.
# China produces more than 90 percent of the global supply of rare earth elements.
# China is now the number one supplier of components that are critical to the operation of any national defense system.
# In published scientific research articles China is expected to become number one in the world very shortly.
 

And what we have seen so far may just be the tip of the iceberg. For now, I will just leave you with one piece of advice – learn to speak Chinese.  You are going to need it 

 

 

 

WHY YOU SHOULD SUPPORT NARENDRA MODI AS PM IN 2014 ? PL. READ


 

Whatever your political inclination , this article is worth a read ..
>>
>>TODAY as we are poised to look ahead, and forward, with HOPE to a better INDIA …
>>
>>Why I shall Support Modi in 2014…
>>By Avay Shukla – Retired IAS officer
>>
>>
>>I have been getting more and more worried over the last year or so at the direction( or lack of it) in which our country is headed. It is
>> like a runaway plane falling from the skies and we are plummeting past one alarming indicator after another– inflation,economic slowdown, falling rupee,complete break-down of law and order, ever emboldened Naxalites, total internalization of corruption, an administration that answers to no one,complete lack of governance, cronyism on a scale never seen before, a brazen lack of accountability, public  intimi-dation of constitutional authorities, a judicial system that has all but collapsed, environmental disasters that no one knows how to cope with, complete paraplegia of decision-making at all levels in government, appeasement of †minorities†and Other sections that are reachingridiculous and dangerous levels, dynastic politics at the Centre and the states reminiscent of the Mughal era…….
>>
>>I could go on and on but after some time the mind becomes numb and registers only one emotion – IT IS TIME FOR A CHANGE. Another five years of this and we would be well on our way to becoming a failed state and joining the ranks of Pakistan, Haiti and Somalia.
>>
>>The general elections of 2014 offers us one last chance to redeem ourselves. I have been on this mortal coil for 62 years and have never voted for the BJP but have, after much thought, decided to support MODI in 2014. This is considered a heresy in most neo-liberal circles in India today but we have to go beyond mere labelling and stereotypingto understand my decision.
>>
>>But before I go on to Mr. Modi himself, let us review the context in which this decision has been taken. The state of the country is self evident in para one above.
>>
>>
>>The next question then
is: What are the alternatives or choices that we as voters have?
>>
>>The Congress will only perpetuate the present mess-even more worrying and dangerous is the fact that, were the Congress to return to power, it would consider it to have a renewed mandate to carry on as before.
>>
>>In any case, who in the country would lead the Congress- a reluctant dynastic or an ageing economist who has discovered his true skills lie in politics, or a backroom puppeteer? Or, God forbid, all three? ( Seriously, this is a possibility- after all not one of these three want to shoulder sole accountability, and they may reason that if a dual power center can ensure two terms, a triple may be good for even more!) No, to my mind the Congress is not an option.
>>
>>Who else, then?
>>
>>Well, if we scrape the bottom of the barrel assiduously we will come up with Mamta Banerjee[ TMC], Mulayam Yadav[ SP], Nitish Kumar[JDU], Naveen Patnaik[ BJD], Jayalalitha[ AIADMK], Sharad Pawar[ NCP] and Mayawati(BSP). There is no need to discuss their achievements or ideologies at a national level (incidentally, not even one of them has a remotely national outlook or ideology since they cannot see beyond pandering shamelessly to the vote banks in their respective states) because they are state (not even regional) leaders and none of them can hope to be Prime Minister on the strength of their own Parties.
>>
>>They all realize this, of course, hence the idea which periodically emerges like a skin rash, of a Third or Federal Front. This didn’t work even when a Third Front could agree on a leader (as in the case of I.K. Gujral or Deve Gowda). How on earth will it work when every one of the state leaders mentioned above feels that he or she has been reincarnated precisely to become the Prime Minister of India?
>>
>>The negotiations for choosing a PM (if the Front comes up with the numbers, that is) will resemble one of those WWF fights where about six hunks are put into the ring to beat the daylights out of each other till one of them is left standing to claim the crown. I cannot see all of them agreeing on even one policy issue, whether it is reservations, industrial stimulus, foreign policy, dis-investtment, environmental protection, center-state relations etc. If they come to power at the Center, the paraplegia of today will become quadriplegia tomorrow.
>>Fortunately, in any case, they can never muster the 274 seats required-it will be difficult for them to reach even hundred even if they do very well in their states.
>>
>>So a Third Front is a
non-starter, and voting for any of these parties will only help the Congress by dividing the anti-congress vote. [You will have noticed that I have not mentioned Mr. Karat of the CPM. That’s because he’s become like a flat bottle of Coca-Cola – earlier he was all fizz and no substance: now even the fizz has gone].
>>
>>That leaves only the BJP, with its historical baggage of the RSS, Hindutva, Ramjanmbhoomi (by the way, this baggage also includes five years of exemplary governance under Vajpayee from 1999 to 2004) – perhaps enough baggage to dissuade me from voting for the party. Except that this time the BJP has an add-on: Narendra Modi. And that, to my mind, adds value to the party and makes the crucial difference.
>>
>>Modi has been reviled ad-nausea m by the “secular†parties and sections of the elite media for many years for the 2002 riots in Gujarat, by the former not because of any love for the Muslims (as I hope to show later) but simply in order to appropriate the Muslim vote, and by the latter because they have to keep whipping somebody in order to get their TRPs – in India only extremes succeed. Modi has been tried and condemned by them not on the basis of facts but by an opportunistic mixture of innuendo, presumption, speculation, half-truths, hear say. Look at the facts. There was a horrendous orgy of killing of Muslims in Gujarat in 2002 where about 2000 of them were massacred. Some of Modi’s ministers and many BJP/ VHP workers were involved: quite a few of them have also been convicted, the trials of many still go on.
>>
>>The Supreme Court set up at least three SITs and is itself monitoring the investigations. Many PILs have been filed in the SC and the High Court accusing Modi of master-minding these massacres. In not a single case has either the Supreme Court, the High Court or the SITs found any evidence of Modi’s personal complicity.
>>
>>Yes, they have held that he could have controlled the situation better- but nothing beyond that in-spite of ten years of frenetic drum beating and sustained vilification.
>>
>>Now look at the other set
of facts. Under Modi’s current watch, perhaps for the first time in India, people have been actually convicted for communal rioting and murder- more than 200 convictions, with about 130 of them sentenced to life imprison-ment. All the communal massacres in India since Independence have not
resulted in even one tenth of these convictions.
>>
>>Modi’s government has to be given some credit for this: yes, the investigations were carried out by the SIT and not by Modi’s police; yet Modi could, if he was so inclined, have interfered covertly in the whole process by asking his officials not to cooperate, by intimidating witnesses, influencing judges, conveying hints to prosecutors- something which, as we all know too well, governments of all political hues in India have mastered.
>>
>>Modi could have done what the Congress has done so successfully in Delhi in three other high-profile cases being monitored by the Supreme Court- the Commonwealth Games Scam, the 2G case, and Coalgate ( not to mention also the Sikh massacres of 1984): have these cases made any headway? has wrong-doing been proved in a single instance? has anyone been convicted?
>>
>>No, Sir, these investigations will drag on and on till they are lost in the mists of time. Supreme Court monitoring cannot ensure justice unless the govt. of the day allows its agencies to function – it is to Modi’s credit that he did so allow them.
>>
>>Compare this with the manner in which the police in Delhi have been emas- culated to protect some senior Congress leaders in the 1984 Sikh carnage – everyone in Delhi knows, even after 27 long years, that their hands are dipped in blood, but the evidence will never reach the courts; the recent acquittal of Sajjan Kumar only confirms this.
>>
>>The biggest stigmata on Modi is the charge that he is †communal†and not  secular†.
>>
>>All (non-NDA) political parties never tire of tom-tomming this from the roof-tops and consider this their trump card to ensure that he will never achieve his Grand-slam at the centre. But after eleven years this is beginning to wear thin and people are beginning to question the assumptions behind this charge and even the definition of what constitutes †communal†and “secular.â€
>>
>>Nirad Choudhry had long ago given his opinion that India is the Continent of Circe where humans are turned into beasts-it is also the graveyard of the Oxford Dictionary where the meanings of words are turned on their heads to suit political exigencies! So †communal† today means a Hindu who is not ashamed of saying he is a Hindu, and † secular†means a Hindu who panders to other religions in order to get their votes at the next elections!
>>
>>By this inverse definition Modi is considered communal- notwithstanding that not a single Hindu- Muslim riot has taken place in Gujarat under his watch since 2002, notwithstanding that the BJP got 17% of the Muslim vote in the Assembly elections in the state earlier this year, notwithstanding that the party won five of the eight seats which had a dominant Muslim voter base, notwith-standing that the average Muslim in Gujarat is much better off economically  than his counterpart in Assam, UP or Bihar (headed by †secular† parties).
>>
>>Compare this with the record of the Samajwadi party in UP where more than a hundred communal riots have taken place in less than two years, with the Congress in Assam where hundreds of Muslims were butchered last year and at least three hundred thousand of them are still languishing in relief camps with no hope of ever returning to their villages, with the Congress ruled Maharashtra where hundreds of Muslims were killed with the active help of the police after the Bombay blasts. ( Needless to say there do not appear to have been any convictions in any of these pogroms). And MODI is communal?
>>
>>I am a Hindu but I stopped going into any temple twenty years ago because I was sickened by the rapacious behavior of their pundits. I am no longer a practicing Hindu in a public, ritualistic sense and frankly I don’t know how many of the religious beliefs I retain, but I still consider myself a Hindu because Hinduism is more than just a religion- it is a culture, a civilisation, a way of life.
>>
>>
>>But in the Kafkaesque India of today if you were to proclaim that you are a Hindu ( even though you have equal respect and regard for all other religions) you would be branded †communal†– this is what political discourse has been reduced to by our politicians. And being †secular†no longer means treating all religions equally: it means splintering society into a myriad †minorities†( another perversion of the Oxford Dictionary) and then pandering to such of them as suit you in your naked pursuit of power.
>>
>>In the process India has been converted into a complex jigsaw of minorities, castes, tribes, classes, sections and what have you. The British could have learnt plenty from us about Divide and Rule! But more and more right thinking people are beginning to question this recipe for disaster, and I am one of them.
>>
>>India is 80% Hindu- why should one then have to be apologetic about proclaiming that one is a Hindu ? We have been ruled and exploited and vandalized for eight hundred years by Muslims and for another two hundred years by Christians, and yet we have accorded these two religions a special status as †minorities†with privileges that the Hindus don’t have. Has any other country in the world ever displayed such a spirit of accommodation and egalitarianism? Is there a more secular civilisation in the world? And yet, a Hindu who says he is a Hindu is considered communal!
>>
>>Does a Hindu have to prove his secular credentials time and again by greater levels( or depths) of appeasement of other religions simply so that they can continue to be vote bank fodder for political parties? Modi has had the courage to raise these questions and is therefore being reviled by those political parties whose apple carts he is threatening to upset. But people are beginning to pay attention. Modi is not considered secular because he is proud to be a Hindu and refuses to give doles or concessions to any religious group( including Hindus, but that is conveniently glossed over) beyond what is provided in the constitution and the laws of the land. He believes this weakens the social fabric of the country and that even handed development is the best guarantee for equitable prosperity for all. He is not considered secular ( and instead is branded as communal) because he says publicly that he is proud to be a Hindu. And
has he done anything blatantly or provocatively pro-Hindu in the last ten years? There is not a single instance of this and yet he is vilified as communal and anti-minorities by the same party that presided over more than two hundred anti-Muslim riots in the seventies and eighties in Gujarat, that massacred 6000 Sikhs in 1984, that lit the fuse in Ayodhya by installing an icon of Ram in the mosque there, that failed to take any action when the Babri masjid was being razed to the ground! Modi has carefully distanced himself from any public support of Hindutva, has kept the VHP and the Bajrang Dal on a tight leash in Gujarat ever since he came to power there, and has even incurred the wrath of the RSS for not toeing the line on their purely religious agenda. It takes time, and some mistakes, to attain maturity; the Modi of today is not the Modi of 2002: then he was still in the pracharak mould of the RSS, inexperienced in
the exercise of power, lacking administrative experience. He has now developed into a politician with a vision, an administrator who has delivered to his people and caught the fancy of the entire corporate world in India and abroad. Rahul Gandhi has been around in politics for almost the same length of time but has still not progressed beyond his epiphanic perception that India is a bee-hive.
>>
>>Pause a while to honestly compare Modi’s qualities with his peers in the political firmament. His integrity is impeccable, both personal and vicarious. Even Mr. Manish Tewari has not been able to charge him on this score, and that’s saying something! I am not aware of a single major scam unearthed during his term( compare this with the Congress either in Maharashtra or at the Centre: the Congress has more skeletons in its cupboard than a graveyard does).
>>
>>Modi has no family to promote or to insure against inflation for the next hundred years( compare this with any other party leader, all of whom have given an entirely new meaning to the term †joint family†– brothers, uncles, wives, sons, sons-in-law, nephews-all happily and jointly looting the nation’s resources). Modi has a vision and a road map for the future and he has demonstrated in Gujarat that he can implement his vision.
>>
>>No other major leader of
the parties that are vilifying him comes even close to comparing with him in this respect – Manmohan Singh once had a vision but his unique concept of †coalition dharma†has ensured that he now cannot see, or hear, or talk; Rahul Gandhi cannot see beyond bee-hives and boats that rise with the tide, Sharad Pawar cannot see the woods for the sugar-cane stalks, Mulayam Singh has been fixated on the Prime Minister’s chair for so long that he has now started hallucinating; Nitish Kumar’s vision is a peculiar bi-focal  which  enables him to see only Muslims and OBCs; Navin Patnaik, being erudite and sophisticated must be having a vision but he has not deigned to share it with anyone yet; Mayawati cannot see beyond statues of herself and of elephants; and as for Mamta Banerjee, she is colour blind – she can only see red. Modi’s track record as an administrator inspires confidence in his ability to play a role at the
national level.
>>
>>He sets specific goals, provides the resources and then gives his bureaucrats a free hand to operate. He has ensured water availability to towns and to greater number of farmers, Gujarat now has 24X7 power and has even offered to sell power to other states.
>>Modi has realised long before his peers that future growth can only come from the manu-facturing sector since the past stimulus provided by the service sector is now bottoming out, and has prepared his state to attract capital: perennial road-blocks which have bedevilled other states – land acquisition, labour issues, law and order, lack of decision making, cronyism – have all been sorted out. It is no surprise then that Gujarat has been receiving the second highest amount of investment funds after Maharashtra.
>>His opponents, looking for anything to denigrate his achievements, cavil that Gujarat has always been a progressive state and no credit goes to Modi for all this. True, Gujarat (and Gujaratis) have always been entrepreneurial and progressive, but any economist can tell them that the higher you are on the performance scale, the more difficult it is to make incremental gains – and these gains Modi has been making year after year.
>>Gujarat has consistently been among the top five states in just about all economic, social and human development indicators, and far above the national figures.
>>Here are some figures I picked up in the Hindustan Times of June 12, 2013:
>>
>>[a] Infant Mortality Rate
>>                                     2005        2010
>>     Gujarat                      54              44
>>     Haryana                    60              48
>>     Orissa                         5               60
>>     INDIA                        58               47
>>
>>[b]  Access to Safe Drinking Water( in %)
>>                                      2002           2011
>>      Gujarat                    84.1            90.3
>>      Maharashtra           79.8             83.4
>>      Andhra                    80.1             90.5
>>      INDIA                      77.9             85.5
>>
>>[c]  Poverty Reduction ( in %)
>>                                     2004-5         2009-10
>>     Gujarat                    31.6               23
>>     Karnataka               33.3               23.6
>>     MP                          48.6               36.7
>>     Orissa                     57.2               37
>>     INDIA                      37.2               29.8
>>
>>[d]  Annual GDP increase( in %) from 2005-6 to 2012-13
>>     Gujarat                       10.3
>>     Uttarakhand               12.36
>>     MP                               8.82
>>     Maharashtra                9.97
>>     Delhi                          11.39
>>
>>Modi is no paragon of virtue. He is arrogant, does not allow a second rung of leadership to emerge, brooks no opposition, is impatient and authoritative, is not a consensus builder. But then we are not seeking to canonize a saint but looking for a political leader who can get this country out of the morass that its present stock of politicians has got us into. We are looking for someone who can be decisive rather than justify inaction under the garb of seeking an elusive † consensus†. We are looking for someone who has the courage to have a vision and the skills to translate it into reality. We are looking for someone who will work for the country and not for his †joint family†.
>>
>>We are looking for someone who can restore our identities as INDIANS and not merely as Brahmins or Scheduled castes or Muslims or Backward castes.
>>
>>We are looking for someone who will not pander to religions and be truly secular.
>>
>>And we are looking for someone who will not be ashamed to say that he is a Hindu in the land that gave birth to the most tolerant and enlightened religion this world has seen.
>>
>>Modi may fail- in fact, there are good chances that he will. But he at least promises change, whereas the others promise only more of the same.
>>
>>He offers us Hope. Shouldn’t he be given a chance?
>>===========================================================
>>** The author retired from the Indian Administrative Service in December 2010. He is a keen environmentalist and loves the mountains – he has made them his home._
>>
>>
>>
>>
>>
>>
>>–
>>  ZINDAGI DA KEE BHAROSA, KADDON PATAKA BOL JAYEE, so let us ENJOY
>>
>>”To fight the darkness do not draw your sword, light a candle”
>”You can’t climb the ladder of success with your hands in your pockets”
>
>Note:
>If you  would like to forward this request to others, please do     Thank you.

 

We are not Responsible


 

 

We are not responsible!

EQUITYMASTER HOMEPAGE 24th Aug 2013

The UPA Government has earned itself the dubious distinction of involvement in several large corruption scandals. Each time various Government functionaries absolve themselves of all responsibility. Perhaps it should admit being anirresponsible Government, which it is. 

The latest is the scam at the National Spot Exchange Limited (NSEL). When a group of investors, with an aggregateRs 5,500 crores stuck in the exchange, complained to Arvind Mayaram in the Ministry of Finance, the expected answer was that his Ministry was not responsible. It was the Ministry of Consumer Affairs that was, under whose jurisdiction the regulator, Forward Markets Commission (FMC) was supposed to be responsible for regulating the exchange. But FMC Chairman claims he is not responsible, as he was appointed regulator but without power! The question, raised by these columns earlier, and unanswered is, who permitted the NSEL to start operations, without first authorising a regulator to regulate its operations?
Imagine the chaos that would ensue if each regulator took a similar stance. 
What if the RBI shirked responsibility of a banking fraud and claimed it was not responsible? What if SEBI maintained that it was powerless against a company who, e.g. had raised money through an IPO and misused it? Is it any wonder, then, that individuals repose their faith in gold and not in paper assets? If the Government is genuine, it has to protect investors, else it will incur their wrath prior to a general election. 
Echoing the sentiment, the 
NSEL says it is not responsible. The top management has been sacked, which is a gesture by the promoters of the Exchange to shirk responsibility for the actions of a management they appointed.
Let’s look at other examples of shirking of responsibility.
The Finance Minister says that 
it is not responsible for the state of the economy, which is in dire straits. It is not responsible for the high fiscal deficit or for the unsustainably high current account deficit. For the latter, it is the citizen, with his penchant for gold, explained above, who is responsible! For the poor GDP growth it is the companies who are responsible, for going slow on investment, and not the Government, which has blocked several permissions required for the investment. The National Highways Authority of India has had to cancel 6 road projects because of not being able to get land acquisition clearance. But, of course, the Government is never responsible.

Consider the depreciating rupee. In 1947, when India became independent, the Rupee was equal to the US $. It is now Rs 65/$. So in 66 years, the currency has depreciated 65 times. The value of the currency is related to productivity of the country. This means that India has, since independence, sharply declined in productivity. The Congress partyhas been in power for over 75% of the time during these 65 years. But, of course, it is not responsible! 

The falling rupee will, obviously, lead to inflation. Crude oil, as well as gas, translated to INR, would be more expensive. This would mean that all petro products, petrol, diesel, LPG, kerosene, would cost more, and so will power from gas based plants. So the subsidies on the petro products and power will shoot up, and, in a bid to contain them, the Government will raise prices, with the velvet glove admonition to ‘kindly bear with us’. Corporate profits will be hit by the hike in costs, combined with the higher interest rates which are the consequence of a badly managed economy. Of course, the Government is not responsible. 
This is a 
criminal misallocation of resources. The national productivity rises when children are given a proper education and training and when laws and regulation are conducive to economic acitivity and growth. Not when subsidies are given for people to drive cars in. Annual sale of cars is under 4 m., or 0.08% of our population. The Government subsidises them instead of spending money on better education.
Only a few countries are teaching their children how to think. These include Finland, Poland, Japan, South Korea and Canada, who consistently score high on the PISA test. India scores poorly. Children become smart, and, later, productive, when they are challenged to think for themselves. In India the Government has cleared the way for all to be promoted. This does not challenge them to think. They are not as productive as they can be. 
Without productivity, the nation slips.The currency weakens. Other countries race ahead. But the Government is not responsible. 
So tyrannical are the rules and laws in India, and so subjective, that 
we destroy our own industries and encourage the brightest to go abroad. 
The sugar industry, one of the most controlled industries, is being killed. Prices for sugar cane are fixed by both the Centre and the States, both competing with each other to increase prices, never mind the viability of the sugar factories. They set high prices to get farmer votes; the cost is borne by the mills. The mills are going bankrupt. 
Bad politics drives away good economics. But the Governments are not responsible. 
Another example is that of iron ore exports. These were banned after cases of illegal iron ore mining (corruption, again, in various states like Karnataka and AP) were discovered. It is easy to ban, or destroy. It is not easy to rebuild. 
The drop in iron ore exports is a contributory factor to the Current Account Deficit. It has led to a loss of jobs. And to a fall in production of steel. Is anybody reviewing the export ban? Or is nobody responsible?
Well, companies like Tata Steel have, in partnership with a Canadian company, set up an iron ore project in Canada, and has already got permission. (South Korean Posco, after an 8 year wait in Odisha, has not). If a large FDI proposal such as Posco comes in it eases pressure on the rupee. But there is no thinking in Government. As this article in the Economist points out, economic activity is being shifted out of India.
America is anticipating an economic boom, predicated largely on a boom in output of shale gas, using a technology called hydraulic fracking. Now it is not the availability of technology that is preventing the search for shale gas in India. Technologies can be bought, or obtained, or developed. Rather, it is ownership rights. In the US, the land owner has the right to everything on, or under, his land. In India it is the Government. As a result, the prospectors for oil and gas, can deal with land owners and sign contracts for exploiting the gas below their lands. And finds a lot of it, lowering gas prices and incentivizing producers of energy dependent steel, fertilisers, metals, etc, to relocate to the US and create jobs and growth.
In India, the Government claims right to any resource under the ground of property belonging to any individual. It auctions the right to hunt for oil/gas, creates a huge mess in the pricing of it. Production drops and prices rise. 
The fall in production leads to higher imports, a higher current account deficit and a falling currency.
So, what is important to the Government? Is it the ownership of resources under individual land or is it the possibility of larger oil/gas finds and an easing of economic problems? A responsible Government would know the right answer.
There is something strange happening in the gold market, as per this blog. Export of gold from London (where it is not mined, but, rather, held as a backing for gold ETFs) has zoomed, to Switzerland. In 2012 exports were a mere 92 tonnes. In the first half of 2013 it is 797 tonnes. It appears that this gold is being melted to smaller sizes for export to Asia. Presumably most of it is smuggled into India, as import duties have been myopically hiked.
There is another interesting article titled ‘Hawala Logic’ by Anand Ranganathan, which points to the sharp fall in the rupee versus the US $ in the months preceding a general election, presumable to fetch more rupees when the $s stashed abroad are brought back. The only exception was when the BJP was in power in 2004 and the rupee appreciated.
It is possible that the Government may announce another amnesty scheme, in which those with funds stashed in Swiss banks and other offshore centres (which the Supreme Court is insisting on taking action against) can be brought back with a smallish penalty. 
The fall in the rupee more than pays for the penalty. Then the Government will take credit for the strengthening of the rupee. The stock market, where the money will be invested after the recent fall, could bounce back, and everyone will sing happy days are here again. This is just a hypothesis.
Last week the BSE-Sensex lost 79 points to close at 18,519, and the NSE-Nifty dropped 36 to end at 5,471.
International factors are ominous. As per this blog ‘What Happened in 1987’ the current rally since 2012 in US markets is driven entirely by valuations, and not by earnings. The US Fed is likely to taper off its bond buying programme from September, and is to have a new boss who may be more hawkish. On the flip side, should PC come out with a disclosure scheme that would lead to funds stashed abroad coming back, it could lead to a rally. If not for that, the economy, the currency and the stock market would continue to slide. Of course, the Government is not responsible.

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J Mulraj is a stock market columnist and observer of long-standing. His weekly column on stock markets has run for over 25 years. An MBA from IIM Calcutta, he has been a member of the BSE. He is now India Representative for Institutional Investor. A keen observer of events and trends, he writes in a lucid yet readable style and takes up issues on behalf of the individual investor. Nothing pleases him more than a reader who confesses having no interest in stock markets yet being a reader of his columns. His other interests include reading, both fiction and non fiction, bridge, snooker and chess.


Restore our faith, Mr. Prime Minister


this article is recd from a friend and is reproduced here. I am not claiming anything but just sharing this with you all. Special attention to my reader friends who have been guiding me on this. looking forward to your comments and suggestions

A WONDERFUL STRONG-WORDED ARTICLE FROM AJIT DAYAL OF EQUITY MASTER ON THE PRESENT STATE OF THE ECONOMY , AND THE CAUSE FOR IT- LOSS OF FAITH IN THE GOVERNMENT-. HE GOES ON TO SAY THAT THIS RESTORATION OF FAITH IS A MUST FOR A GOOD SOLUTION  (AS SUGGESTED BY SRI. GURUMURTHY ji )OF USING OUR ‘LATENT GOLD’ (GOLD HELD BY THE GENERAL INDIAN PUBLIC) TO PLEDGE WITH THE GOVT IN EXCHANGE FOR A GOLD BOND, BUY US DOLLAR WITH THE GOLD , TO SOLVE THE PROBLEM OF BOP  AND THEREBY RESTORE HEALTH OF THE ECONOMY.  A VERY GOOD THOUGHT-PROVOKING ARTICLE. 

Restore our faith, Mr. Prime Minister

FROM The Honest Truth-BY AJIT DAYAL, EQUITY MASTER.

Dear Prime Minister:

In July 1991, as the Finance Minister in the Narasimha Rao government, you gave a long interview to the Economic Times justifying on why India needed to reform from the “license raj” days to a more open economy. That interview was, in many ways, a sort of admission of failure – without you or anyone in the Congress actually saying so – of the wealth destructive policies followed by successive Congress governments particularly under Prime Minister Indira Gandhi. You and your colleagues in the then Dream Team were part of the “Cream Team” which had set India back by a few decades with myopic policies and acceptance of corruption. But, as the reforms of 1991 gripped our imagination, we were willing to forgive you for those past errors, even if they were unspoken. The one statement from you in those thousands of lines of rationale for a new way forward in the Economic Times interview which stuck in my head was “Investment is an act of faith”. The reforms of 1991 unleashed a huge outpouring of “faith” in you and in your party to lead us forward. 

Much has happened since July 1991.
From the great India Shining stories of your rivals in the BJP, to the Resurgent India and Incredible India battle cries of your own party, to the innumerable scams that have plagued India at the district, municipal, state, and federal level of government – across party lines.

India has grown from being a closed economy to one where its citizens can travel anywhere in the world and undertake an enterprise anywhere in the world.

The world, itself, has changed a lot and the monetary systems in the more open global financial markets have shown the immoral connectivity between big government and big financial firms.

Your personal life has changed, too: you have found yourself in the seat of the Prime Minister of two consecutive governments. In a seat of leadership. In a position to convert the faith we had in you – an apolitical and intelligent person – into dreams of a better India.

And, yet, as your handling of various scams and episodes over the past decade have shown you have fumbled and remained silent. You have taken the unabashed faith we had in you and converted it into a cynical distrust of you and your senior colleagues in the Administration. From being a symbol of honesty you are now seen as an

incompetent and, possibly, dishonest man. It is
possible that you may not have made any personal
money in all the incidents of grand theft. However,
an honest man retains his honesty not by being a
silent spectator to a theft but, rather, by actively
trying to catch the thieves he has witnessed perform
a theft. So far we have seen you look the other way and not use the full power of the government machinery to bring the suspects to justice. In fact, to add insult to our intelligence, we see your cabinet colleagues tossing counter-allegations on the talk shows that thrive on this absurd situation. Under your leadership, the movement by Anna Hazare to cleanse the corruption in India (a movement of the kind that Mahatma Gandhi, whose endorsement of Nehru gave the Congress Party its power, would be proud of) was converted into a convoluted discussion on irrelevant subtleties. 

The harshest proof that any leader can have is when a nation’s people no longer believe in their own currency. Having being the Governor of the respected Reserve Bank of India you will understand this. As a dream merchant, living off our faith, the key monetary indicators of your success (or failure) should be:

  1. Are Indians investing in IPOs and in the stock markets – an IPO is a great indicator of faith in the future and, at its extreme, borders on insanity; politely called “irrational exuberance” this unabashed faith in the ability to create something in the future out of nothing;
  2. Are Indians burying their cash in mattresses or putting it in safe bank deposits – if Indians are stashing their cash, it means they have no faith in the future and they are scared; their fear of “risk” is because their past experience has shown that they get no rewards for the risk they have taken. In fact, they have probably been slaughtered. Their rational reaction: have no faith and stay safe in bank deposits;
  3. Are Indians buying gold – a global currency – or the currency of our own nation, the Indian Rupee? Here, I will give you the benefit of a partial doubt. People buy gold either because they have no faith in their own currency or no faith in the world. The reason why Indians are buying gold is, therefore, difficult to pinpoint as a loss of faith only in you, your leadership, and your government. The hijacking of the global financial system and the ownership of policies of many central banks by a few large financial firms has resulted in a desire to own something besides a “fiat” or paper currency: gold and silver are seen as these alternatives. As an Indian, I am sure you have bought some gold for your family. As the Governor of the Reserve Bank of India, you must have been party to discussions and decisions on keeping gold as part of the RBI’s global reserve currencies. So, you know that gold is not just a “useless metal”, as branded by your Finance Minister.
The timing of this letter to you – when the Indian Rupee is taking a whack – is part of the delusional process of governments. Governments listen when hit by crises – they rarely plan.

Of the 3 indicators above, the data on the first two points (a dead IPO market and a surge in bank deposits) were apparent for any student of economics and finance looking for the first signs of trouble. For the first signs of a deflation of your historic “Investment is an act of faith” statement made in 1991. 

But your cabinet colleagues, your spokespersons on media, and the various “yes-men” in important positions of the administration were probably too busy trying to figure out the next “personal cash-extraction” scheme or “quick fix” to pretend all is fine in your kingdom. 

As long as the suited bankers of Wall Street firms kept the moolah flowing in for various equity portfolio products, bond funds, and infrastructure funds – and as long as the invites to speak at Davos and other hallowed destinations were alive – the local “lack of faith” indicators were ignored. Elections may be held in India, but lucrative post-retirement jobs are a function of visibility at these global conferences. After all, what can the poor Indian voter do? Even though the Supreme Court has recently ruled that a convicted person cannot stand for election, your party – along with the other political parties – is already finding ways to fight this absurd birth right that politicians seem to have to rape and plunder at will – and be elected to do it again. So, ignore the locals and let the foreigners cuddle you and make you feel good about India.

Well, the foreign financial firms are, well, foreign with (rightfully) no loyalty to any country. They need to earn their next commission. They earned commissions from making their clients “buy India”, now they will earn it from making their clients “sell India”. Don’t count on an invitation to be a key speaker at the next Davos. Discard your delusions. And now find a way to win back the “faith”. 

With an annual savings pool of about USD 400 billion (at today’s whacked rate of the Indian Rupee) and a gold hoard of an estimated USD 1 trillion sunk somewhere in the mattresses of most Indian homes, there is no shortage of money to get India back to its Resurgent or Shining days. 

Yes, we will shed the useless metal and we will be happy to take risks again and fund the dream merchants who launch IPOs.

If you launch a “gold-for-gold” or “gold for INR equivalent of future gold price” Gold Bond scheme with a 6.5% per annum interest as your government did in November 1962 (and collected 16.3 tonnes of gold, valued at Rs 5 crore today), just after India lost a war with China, it will fail.  In 1962 patriotism ran high and faith in the Congress government and politicians was at a peak. Today, patriotism is still strong – which is why any gold-for-gold scheme will fail: Indians love their country too much to entrust their hard earned wealth to a bunch of questionable, low-character hoodlums who hold positions of power. 

But, using the latent gold to actively drive the future growth of India – and stop this slide in the INR and loss of faith in India – is important.

So, when your Finance Minister comes to you to

sign off on a “gold-for-gold” scheme like the one
you had in November 1962, March 1965, and October
1965 which he is probably designing as I write, tell
him this: 

“Our citizens have lost the faith in us. We need to win it back. And we will do so by impounding the passports of every legislator and every political party officer and their extended family. Furthermore, we will impound the wealth of every legislator and their extended family and keep all these assets as collateral in this new gold-for-gold scheme. Their passports and their wealth will only be released when we have made good on our promise to the Indian citizen to return all their gold by the year 2020. And if we fail to return the gold, the assets of the legislators held in custody will be disposed off and – given that the average legislator has a lot of wealth – we will always have sizeable collateral to pay off the obligations to the Indian citizens. Only under such an act of faith from our side will the Indian citizen come forward to deposit their latent gold for us to convert it into USD, then sell that USD and buy INR to stem the slide of the INR.

Oh, yes, that Anna fellow: tell him we have placed the CBI under the jurisdiction of the Supreme Court and they are free to work as they see fit to root out corruption. Furthermore, here is a list of investment banks and scoundrels who have duped investors in questionable IPOs – make sure they are blacklisted from any future IPO. And add their names to the list of people whose passports and wealth is being impounded. And, finally, tell the organisers at Davos that our passports are impounded so we will restrict our travel to Indian villages. And, no, we will not eat food at a villager’s home to prove we qualify to be a Prime Minister.”

So, Mr. Prime Minister, if you still stand by your statement that “investment is an act of faith”, win back the faith and India will respond with the investment.

Otherwise, pray hard that your next visit to Washington, D.C. does not end up as an “Indian Super Power with a begging bowl in hand” cartoon in the western press.

INDIAN ECONOMY FOOLS PARADISE


 

With Amartya Sen, Montek Singh Ahluwalia, Man Mohan Singh, P Chidambaram all at the helm, Indian Government is literally living in fools Paradise

 

Indian economy comes to a fullstop
 MR Venkatesh

A fairly large South-Indian group with varied business interests had invited me to a strategy session to turn it around. It was the first meeting and was to be preceded by breakfast. As we waited to be served, I perused their latest balance sheet.

 

Indian economy is in a mess, tasks for the next Government


 

As Vaidyanathan notes: Corporate sector which is less than 15% of our National Income gobbles up nearly half of the bank credit…credit needs of unorganized or non-corporate sector are not met by the organized banking sector but by private money lenders etc. The cost of borrowing from private money lenders may be around 70 percent per annum. Small entrepreneurs get credit from money lenders using gold as collateral. FII and FDI account for only 6 to 8 per cent of our investment needs. So,  Vaidyanathan concludes that there is a need for a separate body to develop Non-banking Finance Secor (NBFS). http://bharatkalyan97.blogspot.in/2013/08/how-soniag-upa-killed-indian-economy.html
 
Gurumurthy notes: Current Account Deficit (CAD) has increased from $2.7 billion in 2004-5 to $89 billion in 2012-13. The primary reason is capital goods imports which increased from $25.5 billion in 2004-5 to $91.5 billion in 2012-13. Index of Industrial Production (IIP) has fallen by 56 % during the same period. Current Account Deficits necessitated huge external borrowing which increased from $108 billion in 2004-5 to $396 billion in 2012-13. CADs also meant that India lost its wealth to other nations by providing increased import orders from countries like China.
 
Added to these macro-fiscal data, there has been a problem of corruption of unprecedented magnitude topped by the stashing away of corrupted loot through hawala channels and participatory notes mechanisms in tax havens, thus making the wealth not available to the country’s financial system, while benefiting the coffers of tax haven nations.
 
The level of fiscal and financial management has led to the fall in share market indices and Rupee-Dollar exchange rates have reached abysmal and intolerable levels.
 
In any democratic system, such mismanagement of the economy should have resulted in the dismissal of the Finance Minister and consequent resignation of the Prime Minister. But, strange is the state in India ruled by a person who is not a constitutionally accountable authority – Sonia Gandhi who heads the National Advisory Council and calls the decisions to profligate spending to the tune of Rs. 6 lakh crores per year on schemes such as MNREGA (Rs. 4 lakh crores) or Food Security (Rs. 2 lakh crores). Such schemes are politically justified as effective means of combating poverty. Little attention is paid while authorizing such state-sponsored doll outs, to the increase in productive capacity by increasing the skill matrix of workers or increasing the wealth of the nation. For example, the MNREGA guaranteed employment scheme could have been linked to a project like Interlinking of the nation’s rivers which could potentially add an additional 9 crores of wet land with assured irrigation with assured additions to the nation’s granary of agricultural production and agricultural employment.
Thus, economics are turned upside down in Indian polity. Even the opposition parties have failed in their responsibility to safeguard the nation’s financial resources by dancing to the SoniaG economic tunes by endorsing false promises of the MNREGA or Food Security type schemes.
 
Economics is looked upon as an esoteric discipline which requires smart operators like P. Chidambaram to ‘manage’ the economy. This  results in a serious political failure of the politicians failing to realize what causes the financial mess that the nation finds itself in with the devaluation of the Rupee and with the loss of notional wealth reflected in stock market indices.
 
As Vaidyanathan notes, the saving grace of the economy is that about 60% of the economy operates through unorganized or non-corporate sectors. The serious structural fault-lines of not establishing reasonable credit-lines to these unorganized or non-corporate sectors is a major failure of the state which has to be rectified by the next Government, which hopefully should be a clear alternative to Sonianomics and SoniaG-led UPA riddled with corruption and stashing away of illicit wealth into tax havens.
 
The policy imperatives for the next Government after the Lok Sabha polls are thus clear and unambiguous:
 
1.       Promote projects such as the Interlinking of rivers on a priority basis. Hon’ble SC has not only endorsed the project but also has suggested a monitoring authority to oversee the effective implementation of the project.
 
2.       Ban Participatory Notes.
 
3.       To enable restitution of illicit wealth stashed in tax havens, an ordinance should be promulgated to nationalize such wealth, a measure similar to the nationalization of private banks done by Indira Gandhi. The measure is to meet progressively and serve better, the needs of development of the economy in conformity with national policy and objectives enunciated in the Directive Principles of State Policy.
 
4.       Establish a Special Finance Commission to review the credit needs of unorganized or non-corporate sectors of the economy and to establish a monetary authority to oversee the working of the non-banking finance sector.
 
5.       Review the present system of opening up the nation’s mines to private sector and review the imperative of a Mines and Minerals Development Regulatory Authority on the lines of Telecom Regulatory Authority.
 
6.       Disband the Planning Commission by establishing a Special Economic Development Commission to recommend steps for sustainable increase in the wealth of the nation by productive projects, by disbanding unproductive dole outs of the MNREGA or Food Security type schemes.
 
 courtesy S. Kalyanaraman

 

Indian Rupee down in the dumps


Dear friends

This gives the value of Indian rupee against currencies of some other countries. Indirectly currency of some other countries also comes to our information from it (For those who are not so familiar)

Against Japanese Yen
1 JPY = 0.66 rupees

2. Against Zimbabwe Dollar
1 ZWD = 2.02 rupees

3. Against Thailand Baht
1 Thai baht = 2.02 rupees

4. Against Hong Kong Dollar
1 HKD = 8.23 rupees

5. Against Chinese Yuan
1 CNY = 10.42 rupees

6. Against Malaysian Ringgit
1 MYR = 19.35 rupees

7. Against Singapore Dollar
1 SGD = 49.94 rupees

8. Against New Zealand Dollar
1 NZD = 50.98 rupees

9. Against Australian Dollar
1 AUD = 57.85 rupees

10 Against Canadian Dollar
1 CAD = 61.57 rupees

11. Against US Dollar
1 USD = 63.85 rupees

12 Against Swiss franc
1 CHF = 69.18 rupees

13. Against Euro
1 EUR = 85.24 rupees

14. Against British Pound Sterling
1 GBP = 99.92 rupees

FALLING INDIAN RUPEE……..?????????????????


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 INDIAN RUPEE HAS FALLEN TO ALL TIME LOW AGAINST US DOLLAR WILL WE FACE THE SAME SITUATION AS ZIMBABWE. CAN WE SAVE INDIA????

Here is the beggar who got a trifle last year in December. These are notes in 200 000 Zimbabwe dollars. Little millionaire, isnt he?
Fun & Info @ Keralites.net
One such banknote is equal to 10 cents. The official rate is much higher, but nobody changes.
Fun & Info @ Keralites.net
On December, 22nd the note in 500 000 Zimbabwe dollars has appeared.
Fun & Info @ Keralites.net
The next was 750 000.
Fun & Info @ Keralites.net
In January there was one more note in 10 million.
Fun & Info @ Keralites.net
Here is the multi-millionaire.
Fun & Info @ Keralites.net
This note in 10 dollars costs in 10 times more than note in 10 000 000 Zimbabwe dollars.
Fun & Info @ Keralites.net
And that is February. Now beggars are not given simple 200 000 notes, they get the whole packs of 200-thousand banknotes.
Fun & Info @ Keralites.net
Here is the local billionaire. He has got 65 billion Zimbabwe dollars in his small suitcase. Just imagine, that is only 2000 American dollars! It was in March.
Fun & Info @ Keralites.net
The man goes to a supermarket. The exchange rate is 25 000 000 Zimbabwe dollars for one American dollar.
Fun & Info @ Keralites.net
This pack is equal to 100 dollars.
Fun & Info @ Keralites.net
In April the government decided to break all the records and issued 50 million dollars note.
Fun & Info @ Keralites.net
But the inflation didnt stop. Then in May the 250 million note was issued.
Fun & Info @ Keralites.net
These are shops prices. You must pay almost 3 billion for a T-short or trousers.
Fun & Info @ Keralites.net
At the end of May the 500 million note was issued.
Fun & Info @ Keralites.net
But the time doesnt stay and notes in 25 and 50 billion are appeared in June.
Fun & Info @ Keralites.net
In July there has already been the 100 billion note!
Fun & Info @ Keralites.net
What can you buy for this money? Probably it can be three eggs.
Fun & Info @ Keralites.net
Soon people have begun to go to restaurants with such packs
Fun & Info @ Keralites.net
And received such bills there..
Fun & Info @ Keralites.net
Because of these cash heaps there was no free place in houses.
Fun & Info @ Keralites.net
In August the government made a decision to issue new notes, this time without ten zeroes as it was with old ones.
Fun & Info @ Keralites.net
But they have forgotten about inflation again. In September it was possible to buy 4 tomatoes for this money.
Fun & Info @ Keralites.net
And for such loaf of bread
Fun & Info @ Keralites.net
The government didnt stop and in September the 20 000 dollars note was issued again.
Fun & Info @ Keralites.net
50 thousand has appeared two weeks ago. It is not excluded turning Zimbabwe to billions again till the end of the year.
Fun & Info @ Keralites.net
And now lets see true face of this crisis. Zimbabwe is the unique country in the world where the largest note is 50 000, and the roll of the cheapest toilet paper costs 100 000.If you take 100 000 Zimbabwe dollars and change them for the smallest 5 dollars notes youll get 20 000 notes. A roll of a toilet paper has 72 pieces.It turns out, that using money instead of toilet paper is in 278 times more favourably, than buying this paper. The cheapest toilet paper in Zimbabwe is the same unpleasant, as these notes.
That is the real crisis!
 

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Ranjani Geethalaya(Regd.) (Registered under Societies Registration Act XXI of 1860. Regn No S/28043 of 1995) A society for promotion of traditional values through,  Music, Dance, Art , Culture, Education and Social service. REGD OFFICE A-73 Inderpuri, New Delhi-110012, INDIA Email: ranjanigeethalaya@gmail.com  web: http://ranjanigeethalaya.webs.com (M)9868369793 all donations/contributions may be sent to Ranjani Geethalaya ( Regd) A/c no 3063000100374737, Punjab National Bank, ER 14, Inder Puri, New Delhi-110012, MICR CODE 110024135  IFSC CODE PUNB00306300

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FALLING INDIAN RUPEE …………..???????


WE HEAR THE NEWS OF FALLING INDIAN RUPEE AGAINST THE DOLLAR TO ALL TIME LOW ON DAILY BASIS WE HOPE THAT WE MAY NOT HAVE TO FACE THE SITUATION OF ZIMBABWE

Here is the beggar who got a trifle last year in December. These are notes in 200 000 Zimbabwe dollars. Little millionaire, isnt he?
Fun & Info @ Keralites.net
One such banknote is equal to 10 cents. The official rate is much higher, but nobody changes.
Fun & Info @ Keralites.net
On December, 22nd the note in 500 000 Zimbabwe dollars has appeared.
Fun & Info @ Keralites.net
The next was 750 000.
Fun & Info @ Keralites.net
In January there was one more note in 10 million.
Fun & Info @ Keralites.net
Here is the multi-millionaire.
Fun & Info @ Keralites.net
This note in 10 dollars costs in 10 times more than note in 10 000 000 Zimbabwe dollars.
Fun & Info @ Keralites.net
And that is February. Now beggars are not given simple 200 000 notes, they get the whole packs of 200-thousand banknotes.
Fun & Info @ Keralites.net
Here is the local billionaire. He has got 65 billion Zimbabwe dollars in his small suitcase. Just imagine, that is only 2000 American dollars! It was in March.
Fun & Info @ Keralites.net
The man goes to a supermarket. The exchange rate is 25 000 000 Zimbabwe dollars for one American dollar.
Fun & Info @ Keralites.net
This pack is equal to 100 dollars.
Fun & Info @ Keralites.net
In April the government decided to break all the records and issued 50 million dollars note.
Fun & Info @ Keralites.net
But the inflation didnt stop. Then in May the 250 million note was issued.
Fun & Info @ Keralites.net
These are shops prices. You must pay almost 3 billion for a T-short or trousers.
Fun & Info @ Keralites.net
At the end of May the 500 million note was issued.
Fun & Info @ Keralites.net
But the time doesnt stay and notes in 25 and 50 billion are appeared in June.
Fun & Info @ Keralites.net
In July there has already been the 100 billion note!
Fun & Info @ Keralites.net
What can you buy for this money? Probably it can be three eggs.
Fun & Info @ Keralites.net
Soon people have begun to go to restaurants with such packs
Fun & Info @ Keralites.net
And received such bills there..
Fun & Info @ Keralites.net
Because of these cash heaps there was no free place in houses.
Fun & Info @ Keralites.net
In August the government made a decision to issue new notes, this time without ten zeroes as it was with old ones.
Fun & Info @ Keralites.net
But they have forgotten about inflation again. In September it was possible to buy 4 tomatoes for this money.
Fun & Info @ Keralites.net
And for such loaf of bread
Fun & Info @ Keralites.net
The government didnt stop and in September the 20 000 dollars note was issued again.
Fun & Info @ Keralites.net
50 thousand has appeared two weeks ago. It is not excluded turning Zimbabwe to billions again till the end of the year.
Fun & Info @ Keralites.net
And now lets see true face of this crisis. Zimbabwe is the unique country in the world where the largest note is 50 000, and the roll of the cheapest toilet paper costs 100 000.If you take 100 000 Zimbabwe dollars and change them for the smallest 5 dollars notes youll get 20 000 notes. A roll of a toilet paper has 72 pieces.It turns out, that using money instead of toilet paper is in 278 times more favourably, than buying this paper. The cheapest toilet paper in Zimbabwe is the same unpleasant, as these notes.
That is the real crisis!

 

 

 

 

World’s 1st Microchip Pills


World’s 1st Microchip Pills

Bye Bye to all expensive scans, X-rays and other unnecessary tests prescribed by doctors.

World’s first microchip pill has been introduced and approved by FDA.

The microchip is a normal digital chip made up of silicon with traces of magnesium and copper and is no bigger than the size of a normal medicine.

Once the microchip is ingested, it gets activated by the digestive fluids of stomach and starts generating electric signals.

These signals are received by a battery operated patch on the patient’s skin which forwards the medical information to a mobile app on patient’s consent.

The battery operated patch has a life of seven days and in the mean duration, it is responsible for receiving all the inner-body conditions from the microchip.

The conditions such as heart rate, temperature, body position are tracked and then forwarded to the clinicians (via mobile app) so that the patient can be medicated accordingly.

Currently the device has been approved to be used with placebo pills so as to test it’s safety and working.

If the procedure turns out to be successful and safe, microchips will be soon integrated with medication.

This chip will help to analyse Heart Diseases also.

World's 1st Microchip Pills

Bye Bye to all expensive scans, X-rays and other unnecessary tests prescribed by doctors. 

World's first microchip pill has been introduced and approved by FDA.

The microchip is a normal digital chip made up of silicon with traces of magnesium and copper and is no bigger than the size of a normal medicine. 

Once the microchip is ingested, it gets activated by the digestive fluids of stomach and starts generating electric signals. 

These signals are received by a battery operated patch on the patient’s skin which forwards the medical information to a mobile app on patient’s consent. 

The battery operated patch has a life of seven days and in the mean duration, it is responsible for receiving all the inner-body conditions from the microchip.

The conditions such as heart rate, temperature, body position are tracked and then forwarded to the clinicians (via mobile app) so that the patient can be medicated accordingly. 

Currently the device has been approved to be used with placebo pills so as to test it’s safety and working. 

If the procedure turns out to be successful and safe, microchips will be soon integrated with medication. 

This chip will help to analyse Heart Diseases also.

...

என்னைக்கு இந்த நிலைமை எல்லாம் மாறுதோ அன்னைக்கு தான் இது சுதந்திர நாடு.


என்னைக்கு இந்த நிலைமை எல்லாம் மாறுதோ அன்னைக்கு தான் இது சுதந்திர நாடு.

1) ஏறி பயணம் செய்யிற பேருந்துல கல்லை விட்டு எறிவோம், எரிக்கவும் செய்வோம் ஏன்னா இது சுதந்திர நாடு.

2) ரோட்ல கண்ட கண்ட இடத்துல அசிங்கம் பண்ணுவோம், குப்பை கொட்டுவோம் ஏன்னா இது சுதந்திர நாடு.

3) சேலை, சுடிதார், மோர்டன் ஆடை இப்படி என்ன ஆடை போட்டாலும் அந்த பெண்னை கைபேசில படம் பிடிசுகிட்டே வரலாம், அத எவனும் தட்டி கேக்க முடியாது ஏன்னா இது சுதந்திர நாடு.

4) வேலை இல்லாதவன் பத்தாயிரம் ரூபா திருடினா சிறைல போடலாம், அரசாங்க வேலைல உள்ளவன் பத்தாயிரம் கோடி திருடினாலும் வெளிய சுத்தலாம் ஏன்னா இது சுதந்திர நாடு.

5) வீடு இல்லாதவன் புறம் போக்கு நிலத்துல அரையடி ஆக்கிரமிச்சா இடிக்க சட்டம் இருக்கு, பணக்காரன் ஆறு ஏக்கர் புறம் போக்க வளச்சு போட்டா சட்டமே மாற்றி அமைக்கப்பட்டு ஏன்னா இது சுதந்திர நாடு.

6) நடைபாதை உணவகத்துல சாப்பாட்டுல பூச்சி இருந்தா உணவு பாதுகாப்பு சட்டம் பாயும இதுவே அரசாங்க உணவு சேகரிப்பு கிடங்குள பூச்சிகள் இருந்த உணவு பாதுகாப்பு சட்டமே திருத்தி அமைக்கப் படும்… ஏன்னா இது சுதந்திர நாடு.

7) மாடா உழைச்சு நல்ல அரிசிய அரசாங்கத்துக்கு விப்பான் ஆனா மலிவுவிலை கடைகள் மூலமா நாறிப்போன அரிசிய தான் அரசாங்கம் உழவனுக்கு கொடுக்கும் அத இவன்னாலயும் தட்டி கேக்க முடியாது ஏன்னா இது சுதந்திர நாடு.

8 ) ஆங்கிலேயர்களிடம் இருந்து சுதந்திரம் வாங்கி 67 வருடம் ஆச்சு ஆனா நீதி மன்றத்துல தமிழில் வழக்காட சுதந்திரம் வாங்கி ஒரு வருடம் கூட ஆகல, இதுவும் சுதந்திர நாடு.

9) இலங்கையில் லட்சகணக்கான இந்தியர்களை(தமிழர்கள்) கொன்னான் நடவடிக்கை எடுக்கல, அமெரிக்காவில் பத்து இந்தியர்களை(சீக்கியர்கள்) கொன்னா உடனே நடவடிக்கை எடுக்குறாங்க. யாரும் ஏன்னு கேக்க முடியாது ஏன்னா இது சுதந்திர நாடு.

10) இல்லாதவனுக்கு ஏற்றவாறு சட்டம் இயற்றாமல் அவனை இல்லாமல் ஆக்கத்தான் சட்டம் இயற்றுகிறார்கள். இதை கேட்க்க ஆளில்லை ஏன்னா இது சுதந்திர நாடு.

11) நம்ம வரிப்பனத்துல நமக்கே இலவசம் கொடுப்பான் அதையும் இலுச்சுகிட்டு வாங்கிகிட்டு அவனுக்கே ஓட்டு போடுவோம்..

என்னைக்கு இந்த நிலைமை எல்லாம் மாறுதோ அன்னைக்கு தான் இது சுதந்திர நாடு…!!

Activists alarmed at possible EVM based fraud in impending elections


Activists alarmed at possible EVM based fraud in impending elections

Electronic voting machines with paper trail unlikely before next Lok Sabha elections

Bharti Jain, TNN Aug 27, 2012, 02.40AM IST
(The need for a voter-verifiable…)

NEW DELHI: With the 2014 general elections in sight, the Election Commission is scrambling to do what is proving to be a herculean task — introducing new-age EVMs with a voter-verifiable paper audit trail. However, those questioning the tamper-proof nature of the EVMs and campaigning for a paper trail of the ballots may have to wait beyond the next Lok Sabha polls for a complete switchover to the new system.

According to sources in the EC, the huge costs involved — given that 7 lakh of the 11 lakh existing EVMs deployed in Lok Sabha polls are incompatible with a printing unit — coupled with the high incidence of snags associated with printers, have made the EC wary if it can manage a full-scale, new-age EVM-based general election by 2014. At most, senior officials at Nirvachan Sadan feel, the panel can introduce the new voter-verifiable paper trail system in some select states, while letting the other states vote with the old set of EVMs.
With elections 20 months away, the EC is holding trials for the new voter-verifiable paper trail-compatible EVM prototypes. The cost implications are huge. To update an existing EVM and have it attached to a printer is estimated to cost anything between Rs 8,000 to Rs 10,000. And if all the EVMs are to be updated, the total cost would work out to nearly Rs 1,000 crore. However, of the 11 lakh existing EVMs, only 4 lakh are compatible with printers. The remaining cannot even be updated.
Besides, printers being bulky and prone to snags like ink-related issues and jamming, especially in extreme climates, and the rather-impractical task of having them serviced and maintained in between elections, the EC views the solution as highly impractical in the long run.
There is the second option of going in for an entirely new set of EVMs, which will have an in-built hardware to enable a paper trail. This will cost approximately Rs 1,800 crore, EC sources said. According to an EC official, it is more feasible to replace all the existing EVMs and bring in brand new paper-trail-enabled EVMs. However, this will be impossible by the 2014 general election.
The need for a voter-verifiable paper audit trail was articulated following the 2009 Lok Sabha polls, with senior BJP leaders alleging that the EVM design was prone to tampering. Independent experts too stepped in to allege that the EVMs were not completely tamper-proof, though they could not clearly demonstrate this before the EC.
At an all-party meeting convened by the EC in October 2010, the BJP sought a paper trail to enable the voter to verify if his vote had been cast in favour of the party which he had chosen by pressing the relevant button on the EVM. This led the EC to set up an expert technical committee, headed by former IIT-Chennai director P V Indiresan, to look at the technical feasibility of introducing a voter-verifiable paper audit trail.
The committee favoured introduction of the paper trail system and recommended field testing of prototypes.

http://articles.timesofindia.indiatimes.com/2012-08-27/india/33423526_1_evms-voter-verifiable-paper-nirvachan-sadan

 

LARGE SCALE RIGGING BY RULING CONGRESS EXPECTED IN FORTH COMING ELECTIONS


Activists alarmed at possible EVM based fraud in impending elections

Electronic voting machines with paper trail unlikely before next Lok Sabha elections

Bharti Jain, TNN Aug 27, 2012, 02.40AM IST
(The need for a voter-verifiable…)

NEW DELHI: With the 2014 general elections in sight, the Election Commission is scrambling to do what is proving to be a herculean task — introducing new-age EVMs with a voter-verifiable paper audit trail. However, those questioning the tamper-proof nature of the EVMs and campaigning for a paper trail of the ballots may have to wait beyond the next Lok Sabha polls for a complete switchover to the new system.

According to sources in the EC, the huge costs involved — given that 7 lakh of the 11 lakh existing EVMs deployed in Lok Sabha polls are incompatible with a printing unit — coupled with the high incidence of snags associated with printers, have made the EC wary if it can manage a full-scale, new-age EVM-based general election by 2014. At most, senior officials at Nirvachan Sadan feel, the panel can introduce the new voter-verifiable paper trail system in some select states, while letting the other states vote with the old set of EVMs.
With elections 20 months away, the EC is holding trials for the new voter-verifiable paper trail-compatible EVM prototypes. The cost implications are huge. To update an existing EVM and have it attached to a printer is estimated to cost anything between Rs 8,000 to Rs 10,000. And if all the EVMs are to be updated, the total cost would work out to nearly Rs 1,000 crore. However, of the 11 lakh existing EVMs, only 4 lakh are compatible with printers. The remaining cannot even be updated.
Besides, printers being bulky and prone to snags like ink-related issues and jamming, especially in extreme climates, and the rather-impractical task of having them serviced and maintained in between elections, the EC views the solution as highly impractical in the long run.
There is the second option of going in for an entirely new set of EVMs, which will have an in-built hardware to enable a paper trail. This will cost approximately Rs 1,800 crore, EC sources said. According to an EC official, it is more feasible to replace all the existing EVMs and bring in brand new paper-trail-enabled EVMs. However, this will be impossible by the 2014 general election.
The need for a voter-verifiable paper audit trail was articulated following the 2009 Lok Sabha polls, with senior BJP leaders alleging that the EVM design was prone to tampering. Independent experts too stepped in to allege that the EVMs were not completely tamper-proof, though they could not clearly demonstrate this before the EC.
At an all-party meeting convened by the EC in October 2010, the BJP sought a paper trail to enable the voter to verify if his vote had been cast in favour of the party which he had chosen by pressing the relevant button on the EVM. This led the EC to set up an expert technical committee, headed by former IIT-Chennai director P V Indiresan, to look at the technical feasibility of introducing a voter-verifiable paper audit trail.
The committee favoured introduction of the paper trail system and recommended field testing of prototypes.

http://articles.timesofindia.indiatimes.com/2012-08-27/india/33423526_1_evms-voter-verifiable-paper-nirvachan-sadan

 

Interesting facts about Bali that Indian Hindu must know.


 

Hindu must know.To:
.

Facts according to Swami Veda Bharati, a great master of meditation from the Himalayan Tradition.
When I was called to Bali it was to teach and preach the Vedic teachings.
But I came back with a humble realization that I have to learn more from Bali than I can actually teach them.
                                               ******************************
Bali is a state of Indonesia, a secular country with the biggest Muslim population in the world. But the majority in the state of Bali, over 93 %, are Hindus. Bali is home to 4.22 million Hindus whose ancestors had to flee from other islands of Indonesia, after the great Indonesian Hindu Empire Majapahit was defeated and most of Indonesia was converted to Islam.
Here are some interesting facts about Bali that every Indian Hindu must know.
1. Nyepi day, a day of total silence (mauna) once a year, when even the Ngurah Rai International Airport of Denpasar is closed from 6 am to 6 am. No cars, no traffic, no entertainment, no TV. Sit in the house, do contemplation, do prayers. Can we introduce that Nyepi Day in our noisy country?

2. The culture of Bali was begun by the Rishis of India, whose names are no longer taught in the schools of India but which are common in the schools of Bali-Markandeya, Bharadwaja, Agastya – the names we hear in the Puranas but they are part of the way the history of Bali is taught in the schools of Bali. How many Rishis can you name? Do you remember any one of the 402 names of the Rishis and Rishikas (female Rishis) from the Rig Veda (the most ancient and most sacred text of Hinduism), which are our ancestors and the forming fathers of our religion – Vaidika Sanatana Dharma?

3. The national Balinese dress for both, men and women, girls and boys, is Dhoti. No one can enter a temple without wearing a Dhoti. Except in some parts of South India, Dhoti is laughed at in India today. Why are we so ashamed of our heritage? Even most Indian priests change their dress after they are finished with the worship because they feel ashamed in a Dhoti??

4. The social, economic and political system of Bali is based on the principle of tri-hita-karana.three benevolent, beneficent principles- that every human being has three aspects .the duty, the relationship that we have with God [Parahyangan]; the relationship that we have with human beings [Pawongan]; and the relationship that we have with nature [Palemahan] and these are the three principles on which the entire culture of Bali is built. This was all established by the Rishis whose names are just about forgotten in India which are taught in the schools of Bali.

5. Trikala Sandhya (Sun worship three times a day) is practiced in every Balinese school. The Gayatri Mantra is recited by every Balinese school child three times a day. Many of the local radio stations also relay Trikala Sandhya three times a day. Can we even think of introducing something like this to our schools in India? How many Indian Hindus are aware of their duty of Trikala Sandhya? It is as central to our religion as the 5 times Namaz is to Islam, yet?

6. In the year 1011 AD, at a place which is now known as Purasamantiga. there was the first interreligious conference of three religions: Shaiva Agama, Bauddha Agama and Baliyaga, the traditional pre-Buddhist, pre-Hindu, Balinese religion. The scholars and the leaders sat down and worked out a system by which the three religions should work together and exchange forms with each other and that is the religion of Bali today.

7. In Bali every priest is paid by the government. Despite the fact that Indonesia is a secular country with the biggest Muslim population in the world, the priest of every religion is paid by the government so every religion is supported by the government. That is the Indonesian form of secularism. Can we even think of this in India?

8. The national motto of Indonesia “Bhinneka Tunggal Ika. One is many, many is one.” is inspired by an Indonesian Hindu scripture Sutasoma Kakavin. The complete quotation is as follows – “It is said that the well known Buddha and Shiva are two different substances; they are indeed different, yet how is it possible to recognize their difference in a glance, since the truth of Buddha and the truth of Shiva are one? They may be different, but they are of the same kind, as there is no duality in truth.” Why can’t we have “Ekam Sad Vipra Bahudha Vadanti” (The truth is one, but the wise express it in various ways – Rig Veda) as our national motto?

9. Bali is one of the world’s most prominent rice growers. Every farm has a temple dedicated to Shri Devi and Bhu Devi (Lakmi the Goddess of wealth and mother earth – the two divinities that stand on the either of side of Tirupati Bala ji in India). No farmer will perform his agricultural duties without first making offerings to Shri Devi and Bhu Devi. That is called culture, that SubakSystem. The agricultural and water irrigation plan for the entire country was charted in the 9th Century. The priests of a particular water temple still control this irrigation plan. And some World Bank or United Nations scientist did a computer model that would be ideal for Bali. And when they brought the model the Balinese said ‘we have been practicing this since the 9th century. What are you bringing here?’ And I don’t know how many million dollars these WTO, these World Bank people, United Nations people, spent on creating that chart which was already created in the 9th century without any computers.. and that Subak System still continues. Such systems were in place in various parts of the country. Its remnants are still visible here in India. I have visited areas where there is no water for miles due to drought, yet the well at the local temple still provides fresh water.

10. In Bali Hindus still don’t read a printed book when they perform Puja (worship). They read from a Lontar, which have traditionally been scripted by hand on palm leaf. When they recite the Ramayana Kakavin.where the book is kept, worship will be performed. There is a special ritual of lifting the sacred book, carrying it in a procession, bringing [it] to a special place, doing the bhumi puja, worshipping the ground there and consecrating the ground, then placing the book there. Then the priest will sit and recite the Ramayana.

நீ என்ன பெரிய “மேதையா” ?


நீ என்ன பெரிய “மேதையா” ?

ஒரு ஆணின் விந்து பன்னிரண்டு வருடம் அவன் உடம்பை விட்டு வெளியேறாமல் இருந்தால், அவனது உடம்பில் சூஷ்மமான (கண்ணிற்கு தெரியாத) நாடி ஒன்று வளர்ந்து வரும். அதன் பெயர் “மேதா நாடி”. அதற்கு என்ன சிறப்பு என்றால் அந்த ஆண் மகனுக்கு அதீத ஞாபக சக்தி வந்து விடும். அவன் பிறந்தது முதல் நடந்த ஒவ்வொன்றும் அவனுக்கு ஞாபகம் வரும். ஏன் அவனுடைய மற்றும் எல்லாருடைய முன் ஜன்மமும் ஞாபகத்திற்கு வரும். அவன் எதை பார்த்தாலும் அவனுக்கு அதன் நுணுக்கம் புரிந்து விடும். அவனுக்கு எதையும் கற்றுக்கொள்ள வேண்டிய அவசியம் இல்லை. அவன் ஒரு “மேதாவி” ஆகி விடுகிறான்.

இப்படி பட்ட அதிசயமான ஒரு சக்தியை அவன் உண்ணும் உணவு அவனுக்கு பாதகம் செய்து விடாமல் இருக்கவே நம் முனோர்கள் கண்ட இடங்களில் உணவு அருந்த மாட்டார்கள். இதை எல்லோரும் அனுபவிக்கவேண்டி சாஸ்திரப்படி அனுமதிக்க பட்ட உணவுகளை மட்டும் உண்ண வேண்டும் என்று சொல்லி வைத்தார்கள். பிறகு வந்த சந்ததியினர் இதை உணராமலேயே சாஸ்த்ரம் சம்ப்ரதாயம் என்று தீண்டாமையை வளர்த்து விட்டனர். இன்று கூட வட இந்தியாவில் சிலர் தானே சமைத்த உணவைத்தான் உண்பார்கள்.ஹோட்டல் மற்றும் வேறு இடங்களில் உணவு உண்ண மாட்டார்கள். இப்படிப்பட்ட அதிசயமான சக்தியை சிதறடிக்க கூடாதென்று வெங்காயம், பூண்டு , முருங்கை மற்றும் வேறு சில சாஸ்திர சம்மதம் இல்லாத உணவுகளை ஒதுக்கி வைத்தார்கள்.

இதைத்தான் நாம் பேச்சு வழக்கில் யாரவது எல்லாம் தெரிந்த மாதிரி பேசினால் நீ என்ன பெரிய “மேதையா” என்று கேட்கிறோம் அனால் அதன் அர்த்தம் தெரியாமலே .

பெண்ணின் உடம்பிற்கு இப்படி பட்ட ஒரு அமைப்பு இருபதற்காக தடயம் எதுவும் காணப்படவில்லை . யார் இப்படி மேதையாக வாழ்ந்தார்கள் என்று பார்த்தல், சமீபத்தில் காஞ்சி பெரியவர் மற்றும் ரமண மஹரிஷி.

YET ANOTHER SCAM OF CONGRESS???? DELHI’S INTERNATIONAL AIRPORT….



How drugs pumped into supermarket chickens pose a terrifying threat to our health

 

Every second of every day, somewhere in the world the same scene unfolds.
A batch of several hundred eggs, precisely arranged in uniform rows, moves along a conveyor belt, coming to a halt beneath a machine linked to a jumble of tubes.

Once in position, the machine robotically lowers itself and then simultaneously punctures each egg with a rack of hypodermic needles.

Through these needles, a mix of vaccines and antibiotics is injected into the egg — and so into the unborn chick inside, which three days later will hatch out.

Fun & Info @ Keralites.netDanger: Drugs being pumped into supermarket chickens are posing a threat to our health

If the scene sounds like something from a science-fiction film, then that is hardly a surprise. Today, large-scale poultry production has precious little to do with green fields and ruddy-cheeked farmers.

Every year, more than 40 billion chickens are slaughtered worldwide for meat, the vast majority of them intensively factory-farmed.

The bottom line is profit. All that matters is the volume in which these animals, bred to hit their genetically-modified slaughter weights within 35 days of hatching, can be churned out.

 

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Given the intensity of the production systems (raised in sheds of 50,000 birds, each will be lucky to have the space of a piece of A4 paper in which to live), the dangers of disease are massively magnified.

And so it is to prevent this that the chickens are vaccinated before birth against common diseases.

They are often also dosed up with antibiotics — a preventative measure that is easier and cheaper than dealing with individual illnesses at a later date.

In Britain, consumers can’t get enough of cheap chicken. On average, we eat 31 kilos per person per year — which is more than any other country in Europe.

Fun & Info @ Keralites.netEarly start: Chicks are vaccinated as soon as their eggs are laid and before they even hatch

With a budget supermarket chicken today available for less than £2.50 per bird, cost is one of the drivers behind its ever-growing popularity.

Not only that, but with the horsemeat scandal still fresh in consumers’ minds and the fact that chicken is lower in fat than red meat, it is also seen as a ‘healthy’ option.

How deeply ironic then that scientists now believe that the nation’s love affair with the fowl could be about to trigger a devastating health crisis of its own.

Forget the fact that last month it emerged that food poisoning cases linked to infected chicken — thanks to a bug called campylobacter — struck down 580,000 people last year, putting 18,000 in hospital and killing 140.

Now experts are warning that the overuse of antibiotics in poultry farms around the world is creating a generation of superbugs that are resistant to treatment by virtually every drug in the medical establishment’s armoury.

With up to 80 per cent of the raw chicken on sale in some countries carrying these resistant bacteria, they can be transferred to humans during the handling of infected meat or the eating of undercooked produce.

The bacteria will then survive in the gut before potentially triggering illnesses such as persistent urinary infections or, more seriously, blood poisoning, also known as sepsis.

A newly-published report claims that as a direct result of this, 1,500 lives are being lost in Europe each year — with 280 of them in this country alone.

Fun & Info @ Keralites.netDietary staple: Every year, more than 40 billion chickens are slaughtered worldwide for meat, the vast majority of them intensively factory-farmed

But the fear is that, as the resistant bugs spread, the death toll will rise as more and more antibiotics become ineffective.

‘We have people dying who do not need to die, because you should not be using these drugs in food animals at all, particularly in poultry,’ says Peter Collignon, a world authority on the subject and professor of infectious diseases at the Australian National University.

‘It is a practice we must not allow to continue, because basically there are no more antibiotics in the pipeline coming along to rescue us. The farming industry’s argument is that if they don’t do this, then one or two per cent of their flocks might die after they hatch. My view of that is “bad luck”.

‘A one or two-day-old chick that dies is worth a fraction of a penny. A human being is worth a million times more than a chicken — so we just shouldn’t do it.’

Someone who knows first-hand the dangers posed by the infections that scientists are warning of is life coach Susie Wiggins. In March last year, the 53-year-old from Northwood, Middlesex, headed into Central London to meet a girlfriend for lunch at an upmarket restaurant.

‘We were going on to an exhibition afterwards and I was dressed up to the nines — four-inch heels, full make-up — and was feeling absolutely fine,’ she says.

‘But as we sat down for lunch I started to feel very ill, very quickly. I had unbelievable cramping in my stomach, went to the loo and when I came back I was rambling and talking nonsense.’

Realising something was seriously wrong, Miss Wiggins’ friend immediately took her to Guy’s Hospital. Within hours she was unconscious and in intensive care.

‘Basically, the pain I felt was my organs starting to shut down,’ she says. ‘I was in a coma for two weeks, during which time my hands and feet swelled up and turned black.

‘The doctors were so worried I would die that they arranged a room for my mother to stay in so she could be with me when it happened.’

That Miss Wiggins survived was down to the fact that the doctors had quickly spotted that she was suffering from sepsis. The condition strikes hard and fast and kills 37,000 people a year in the UK.

Fun & Info @ Keralites.netCheap: With a budget supermarket chicken today available for less than £2.50 per bird, cost is one of the drivers behind its ever-growing popularity

Treatment is with antibiotics, but one of the emerging problems today is finding the right one to use.

In Miss Wiggins’ case, it turned out that her illness was due to an E.coli infection, which could have been caused by chicken or another infected meal she had eaten at some point before that fateful lunch.

Doctors believe the bacteria may have passed through the wall of her colon into her bloodstream after she underwent colonic irrigation or as a result of infected kidney stones.

But it took them 48 hours and several antibiotics to identify the strain of the bug.

‘I was very lucky that my body held up that long,’ said Miss Wiggins. ‘In the past, it would have been much easier for the doctors, but nowadays they have to work out which antibiotic to use, which can cause delays. And with sepsis, you really don’t have much time.’

It is a point echoed by Dr Ron Daniels, chairman of the UK Sepsis Trust and a hospital critical care consultant.

Fun & Info @ Keralites.netWorrying: Scientists are particularly concerned that the overuse of a certain type of antibiotic is linked to a drug resistant strain of E. Coli

He says that in some parts of the country, 30 per cent of E.coli bacteria encountered are what is known as Extended-Spectrum Beta-lactamase E.coli. In layman’s terms, this means that they are resistant to many antibiotics.

‘An ESBL E.coli is no more likely than other E.coli to cause illness but, when it does, unless we are aware that it is an ESBL E.coli there is a danger we might start treating with antibiotics to which the bacteria is resistant,’ he explains.

‘The problem is that if we do that, that would be as ineffective as not treating with antibiotics at all.’

At least today there are a handful of antibiotics out there that still work. The big concern is that if resistance continues to spread, there will simply be no antibiotics left that can be effectively deployed.

If that happens, then the 21st century could see the death toll from infections soar to 19th-century levels.

It is a point that was made earlier this year by Dame Sally Davies, the Chief Medical Officer, who warned that antibiotic-resistant bacteria posed ‘a catastrophic threat’ to the population.

‘If we don’t act now, any one of us could go into hospital in 20 years for minor surgery and die because of an ordinary infection that can’t be treated by antibiotics,’ she said.

‘And routine operations like hip replacements or organ transplants could be deadly because of the risk of infection.’

In the past, the blame for the growth of drug-resistant superbugs was pinned on doctors who over- prescribed antibiotics to patients.

But there is a growing body of opinion that believes excessive use of the drugs within the agricultural world — especially cheap chicken — is equally to blame.

Scientists are particularly concerned about the over-use of a group of antibiotics called cephalosporins, which they believe are linked to the emergence of drug-resistant strains of E.Coli.

Cephalosporins are a class of antibiotics that the World Health Organisation has rated as ‘critically important to human medicine’.

‘For me the evidence is overwhelming,’ says Professor Collignon. ‘With certain bacteria, what we do with animals is making them resistant.’

He explains that of all the antibiotics used in the world, about 80  per cent are used on food animals, about 15 to 20 per cent on patients in the community, and just five per cent in hospitals.

‘What we know is that there is an epidemic of these resistant E.coli in Europe causing bloodstream infections,’ he says.

‘What is interesting is that these bacteria are resistant to antibiotics that we do not give widely in the community — only in hospitals.

Fun & Info @ Keralites.netHealth risk: Food poisoning cases linked to infected chicken ¿ thanks to a bug called campylobacter ¿ struck down 580,000 people last year, putting 18,000 in hospital and killing 140

‘So to me the available evidence suggests that a reasonable proportion of these are coming through food, with poultry a particular risk.’

In a study published last week in the Journal for Infectious Diseases, Professor Collignon and other scientists highlighted data from Holland which showed that 56 per cent of antibiotic-resistant E.coli genes in human blood-poisoning cases were identical to E.coli genes from retail chicken samples.

The transmission of one particularly resistant strain of EDSL E.coli tripled between people and animals from 2007 to 2012, the report claimed.

Extrapolating the Dutch data to other European countries, it estimated the number of deaths caused by antibiotic-resistant E.coli associated with chicken is 62 in France; 115 in Italy; 192 in Germany and 282 in Britain.

As well as 1,518 extra deaths Europe-wide, that also equated to an extra 67,236 days of hospital admissions.

‘The number of avoidable deaths and the costs of healthcare potentially caused by cephalosporin use in food animals is staggering,’ the scientists concluded.

‘Considering these factors, the ongoing use of these anti-microbial drugs . . . should be urgently examined and stopped, particularly in poultry, not only in Europe, but worldwide.’

Fun & Info @ Keralites.netFear: Up to 80 per cent of the raw chicken on sale in some countries carries drug resistant bacteria, and they can be transferred to humans during the handling of infected meat or the eating of undercooked produce

Interestingly, it appears that the less-intensively reared the chicken, the more reduced the likelihood of creating resistant bacteria.

Chickens that are organically raised are likely to come into far less contact with antibiotics. The use of the drugs in organic animals is restricted to when they are ill, and even then only when there are no alternative treatments available.

Research in 2006 compared E.coli samples taken from organic and non-organic farm animals, observing their resistance to ten different types of antibiotic.

On average, those from organic farms were resistant to one antibiotic, compared with five on non-organic farms.

But, of course, that comes at a price. An organic chicken on sale in a supermarket will cost at least two-and-a-half times more than the cheapest ‘budget’ chicken.

Unsurprisingly, poultry farmers have reacted angrily to being blamed for the crisis.

A spokeswoman for The British Poultry Council dismissed the study as ‘alarmist’ and said that it was based on out-of-date research.

She said: ‘Extrapolating the calculations of possible human deaths from the Netherlands to the UK was flawed from the outset, because antibiotics were used differently in UK poultry production . . . when compared to how they were used in the Netherlands.’

Cephalosporins, she explained, had never been administered in flocks used for meat production here.

And while they had been used in the breeding flocks, which produce the eggs that then hatch into meat chickens, the industry had voluntarily agreed to stop all use at the end of 2011.

‘British consumers can be assured that British chickens are reared according to the strict production standards of the Red Tractor assurance scheme,’ she said.

‘These standards include rigorous controls of the use of medicine under veterinary supervision. All medicines on farms should be used as little as possible and only as much as necessary.

‘We’re strongly committed to a prudent and responsible use of antibiotics in poultry and all other livestock and will continue to engage with the government, the livestock sector and other stakeholders on this matter.’

But critics are unconvinced and say that even the limited use in the breeding flocks could have been potentially problematic, with resistance being passed down through generations of chickens.

And they also point out that whatever native farmers are doing, Britain imports large quantities of chicken meat from abroad.

While 1.3   million tonnes of chicken meat is reared here (the equivalent of 900 million chickens a year), a further 700,000 tonnes is imported.

Worryingly, Holland is the biggest source of these imports, followed by Thailand — a country where concerns have been raised about the widespread use of antibiotics.

Given the growing taste for chicken in this country, it means that international action against antibiotic overuse is essential.

In the meantime, efforts are finally being taken to better understand what is behind the spread of these antibiotic-resistant E.coli.

Last month, the Government launched a three-year study into the problem. It will involve collecting ESBL E.coli samples from farm slurry and from raw meat on sale to the public.

This will then be compared with samples taken from human blood and faecal samples to see what genetic similarities there are between the two.

While scientists welcome the study, they warn that we cannot sit back and wait for the results before taking action.

Time, they say, is critical — something that Susie Wiggins knows to be the case from her own, terrifying, experience.