FALL of INDIAN RUPEE and ECONOMY

In last couple of months there was so many times when Indian news channels flashed their breaking news “Rupee touches all- time low against dollar” on each time the value of our Indian currency depreciated to its lowest level, breaking the previous record of its own. The economic experts, politicians, industrialists comes on the prime time shows of the news channel to discuss, argue and debate the current economical condition of our country. They say that the current fiscal deficit has increased; Industries are not able to make profits even equal to the EMI which they have to pay as part of their loan and on top of this due to the depreciation in rupee they have to pay more if the loans are in dollar currency. Other than the service sector, the story of most of the industries and factories are similar.

All this brought a sense of curiosity in me to know more about the economical situation of my country. I listened to the expert’s views on major news channels, googled some facts, read the analysis done by some national and international experts of the Indian economy.

I don’t say I became expert in economics but what I conclude is that the economy of our country is not strong from the core and we are standing on support of other countries. There are ample facts and reasons behind my conclusion.

Let’s take an example of a salaried person. A normal salaried individual will do his economic planning in such a way that his expenses should be lower than his salary. Some part of the saved money is kept for invisible future troubles and rest will be used to make more money. To make more money, the saved money will be used as an investment in Gold, Real estate, Mutual funds, Insurance scheme, Stocks etc. If this is the story of a businessman, then he uses his saved money for the further expansion of his business.

Now what if the same person unfortunately loses his job and the jobs are not available in the market, then the obvious question in front of him will be how long he can survive on the money which he has saved till date. After some time he will start to borrow the money from others and will try to earn the money from the alternate paths. The extreme financial situation can lead to follow unwanted paths for him.

The situation with our country is almost the same. Our country earns money mainly through exports, different tax system like Personal tax, VAT, Sales tax, corporate tax and from the government owned companies. The government spends in Imports, Subsidies, Defence equipments, Salaries of defence people and other government employees and of course the expense of our so many political leaders as there are so many MP’s and MLA’s in our country.

For any country like at individual level, the income should be more than the domestic expenses and then the additional saved money are used in further strengthening the economy by providing infrastructure facilities like roads, bridges, airports, railways etc which helps in fast growth of economy. If this situation prevails then the economy is said to be progressive and vibrant.

In the current time, the expenses of our country are more than the income. The falling rupee is adding fuel as it has led to increase in the import cost. If this continues then in order to survive further, the country has to take loans from International banks and then they will provide the loan based on their own terms and business conditions and off course higher interest rate. Ultimately this will lead to vicious circle of debt in the country.

There are several reasons which affect the economical conditions of a country. Some of the main points which draw our attentions for this messy situation of our economy are:

1. India is 3^rd largest country in the world in coal reserves but still it imports the coal from other countries for the power generation.
2. India is one of the largest consumers in electronic goods and computers. Every year we get more than 4 lakhs of new technical graduates but still most of the electronic goods like mobile phones, LED/LCD TVs, Smart Phones, electronic toys and their hardware parts are imported from other countries. The computer and laptops are only assembled in India.
3. Most of our defence equipments and around 80% of crude petroleum are imported. We never tried to become self reliant on fuel sector by aggressive oil exploring activities.
4. Our IT sector will be termed as export as we are exporting the services but again this export is not in the control of Indian government. If tomorrow USA, UK or European countries decides to stop the services from the developing countries, that’s almost an end of the most of the IT companies operating from India. In fact this has already stared due to the political pressure on the government of these countries.
5. Our obsession to foreign products and foreign mentality also leads to the increase in import. Most of our everyday usage items are imported ones. The BMW car is seen as a normal car in UK or European countries and is used by a common employee but in our country the BMW is seen as Royal status symbol. We attach our show off with the imported products.

 Most of the developed countries of the world, first made them self reliant and then come to the other parts of the world to increase their business for further earnings. So if they separate themselves from other parts of the world and try to live in their own world, they can survive very well. But we cannot survive for more than a month if we stop the trade relationship from other parts of the world. In the name and process of globalization, we got too much dependant on the economic and political conditions of other countries. In order to save the economy our government is asking the foreign companies to invest in India in the name of FDI. Indian Government is making the conditions easier and easier for them but most of them are not willing to invest due to the loss of trust and poor governance from the centre. The Rupee is falling and will fall further if there is no improvement in such situation as this will directly put less demand of rupee.

We all will be impacted individually of such worse economic conditions of the country. The depreciation of rupee will lead to inflation. Inflation may be supported by increase in salary and subsequently printing of more currency notes from RBI and very soon we will see the big currency notes of Rs 2000 or Rs 5000. The lower value of currency from Re1 to Rs100 will be of no value. The strength of purchasing power of rupee has declined and is on further decline. The biggest currency note of USA is 100 dollar and for UK its 50 pound note. The strength of their currency is almost the same as it was 25-30 years back.  Today in India the purchasing power of one lakh rupee is equivalent to around Rs1000 around 25-30 years back.

The question in front of us is how our economy can be vibrant and more self dependant.

On the big scale, our country needs a strong and visionary leader who should not only think of and beg to the other parts of the world to come and invest in India to provide the jobs. There should be a will to improve and boost the local industries of India so that the Indian product should be competitive enough to the other parts of the world. Instead of just becoming consumer market for the whole world, India should be in the position to export its product throughout the world and make the whole world as the consumer of Indian products. There should be globalization to compete with the whole world but self dependency should be the first priority. We should be fundamentally so strong that the recession in west should not shake us at the core. In the current scenario any political or economical decision in other parts of the world shakes our economy and the fears comes in the form of recession, rupee depreciation, falling of Indian share market, job loss etc.

There is no doubt that the effective and rapid solution is only possible form the effective policies of our government. We as an individual can contribute by avoiding the use of imported products in our daily life. We should mainly use indigenous or swadeshi products in our daily life. 

India is a big country and rich in almost all minerals and natural resources. We have a huge pool of young and energetic human resource. There is all potential and possibility for India to become self reliant and leader of the world in terms of education, science and technology, innovations, Agriculture and service sectors.

The day we become self reliant, we don’t have to bother even a little on what political or economical decisions are taken in US, UK or in any parts of the world, rather the world will be watching, analysing and predicting the India’s next political or economical step for their own betterment.

NATURE SPEAKS FOR ITSELF

Hello,

I am Nature. I want you to hold on everything and listen to me for a moment. On 15^th and 16^th June, 2013 you have seen one of the demoralizing face of mine in Uttrakhand state of India and subsequently along with you I saw how some of your fellow beings on this earth had lost their near and dear ones. Some saw their kids dying in front of them and on their laps, some became orphan losing all of their family members. Many ran and moved ahead leaving the dead body of their relatives in the mud and pebbles. Some gathered the courage to cover the dead body with their clothes and then pushed in the flowing water as the only last ritual. I saw the humans walking along the corpses and spent the days among the decaying corpses.

Believe me I am also traumatized to the core by the tears, ordeal, loss, pain and suffering of human beings there. It was never my intention; I was only in the process of restoring my lost balance.

My Dear Friends, I am all for you and without you I am not complete. I know you all love me and I feel very happy when you admire me. I sense your excitement when you see the Colours of Ocean, Sound of waves, Rainbow in the Sky, Mountains, Moving Clouds, Valleys and Hills. I feel excited when you capture my beauty in your cameras as variety of Flowers, Birds, Animals, Plants, Dewdrops on the Grasses, Snow covered tress and so on. I get pleasure when you travel from long distances, spending great deal of money to view and enjoy my gorgeousness. To impress you, I try to come in with different image of beauty in different season and yes though you do not listen I always thank whenever you admire me in your poems and literature.

I am charming and attractive for you today and was same for your ancestors and forefathers and I promise to be more and more lovable and delightful for your coming generations.

I know sometimes you panic and suffer due to my extreme events in the form of Volcanoes, Earthquakes, Cyclones, Hurricanes and Tsunamis. I feel very sad as I never want to see you in pain but these are something which goes out of my control and I have to go through this for the balance of myself in long term. You have made good progress in technology through which you can predict most of my extreme events in advance. I am sure you will always be alerted and remain safe in such extreme events of mine.

However, I want to say that you all are directly responsible for some of my actions like Floods, Drought, Landslides, Cold waves, Heat waves, Heavy Rains, Soil erosion etc. You create imbalance and then I am required to restore my balance. You do not think about me when it comes to your personal, social and economical development. I keep on alerting you through small signals and warnings against your irresponsible action towards me.  In most of the time you go on ignoring and neglecting me, as if I am no one for you.

I am all in your control to avoid this and you have rightly decoded some of the working process of mine. I do not want to give lecture on how to control all this as I know you are taught all this in your schools and colleges in the topic of Deforestation, Increasing concentration of green houses gases, Use of non decomposable stuffs like plastics, Impact of constructions on the bank of river, Impact of dumping garbage and chemicals in rivers etc. What makes me concerned is that you only read and understand but when it comes to follow then you intentionally ignore for your immediate livelihood and development. None of you takes the responsibility and in every tragedy you make your politicians only as default criminals.

I have taken enough of your time. Once again I want to say that I am for each one of you. I do not want to see you suffering from the calamity like Uttrakhand. My beauty is incomplete without your compliments. I always want you to stop and stare on me as much as possible. I am here to bring happiness, calmness and excitement in your life.

My only request to you all is not to ignore but always consider me whenever you take any decision for your personal, social or economic progress and development.

Thanks for your patience! Always Yours! Bye!

RAPE:WHEN and HOW RAPE WILL STOP IN INDIA

The recent rape and brutality on a 5 year old girl in Delhi is extremely shocking to hear for any sensitive person.  Feel of her immense pain, her cry without properly shouting for help from someone, not having the energy to push them off and run, and the way she was thrown like garbage is spine- chilling.

The rapists left and locked the spot thinking her as dead. But the Almighty has sown life in her again and now she is recovering. May God give her all strength and energy to lead her life like other kids. May God erase this part of her memory from the rest of her life.

Most of us say that this is not the first time it had happened and not the last.When we say that our culture holds the dignity and respect of woman above all then the incidents like this let others mock on us with the comment that we Indians are the biggest hypocrites. What has gone wrong in our DNA and blood? What is that which has percolated in our society which made us so numb and insensible to even the pain and cry of a five year old baby?

This type of insensitive feeling does not come in a day, month or year. This indicates the failure of our family values, our education system, our ethics and culture. It’s the failure of vision where we are trying to lead our beloved country. Our society has gone weaker and people are behaving like loose cannons.

After the incident, so many discussions and debates had happened on almost all the news channels. Some says westernization is the root cause while others blame existing Indian culture. Some says the law and punishment is not strict enough to protect women from such atrocities, some said that our current government is very much insensitive towards normal people. Some blamed the mentality and attitude of the men while others blame the girls are only who invite such heinous act on them.

Some pointed out that the easy availability of porn materials including the child pornography is one of the biggest cause as in this case also it’s revealed that they watched the porn and then to release the sexual energy they very easily and conveniently lured a 5 year old baby. Almost everyone agrees that the current porn materials are not about love making and sexual education. It’s about atrocities, perverted and distorted display of love making. They show the use of unwanted and unimaginable materials in the women body and unfortunately this is getting followed in our society and even on the Children. This is alarming to all of us.

 Like other industries, the competition is growing here also, so don’t know what type and what different forms of sexual display and use of women body will be projected by porn industry to compete with others. Everyone agrees that sex education and sexual awareness is the need but not in the form of such porn materials which leads in exploitation of women’s and children body in such a brutal form.

Due to the latest revolt and demand of the people in Delhi, the government of India had passed a strong anti rape law. I wish this law should help in preventing such atrocities rapidly. At the same time our history tell us that the other evils which were prevalent in our Indian society were eradicated from our society not merely by law but by the involvement of the common people on root level. Each and every generation in their life time contribute in the abolishment of evils and uplift of the society towards the betterment. Today we are here and so it’s our time to contribute to the society to reduce and abolish the existence of such atrocities and to pass a clean and civilized society to our coming generations.

Now the question in front of us is how we as individual can contribute in creating an emotional and sensitive society which should not give birth to such cruel and insensible human beings and no child, girls or women should become victim of such ghastly atrocities.There can be so many ways which can be decided based on the fabric of society where we live. Some of the prominent and common solution which I can think of is as below:

We have to go for both immediate and long term solution. Under the immediate solution situational awareness is required against the already existing rogue, depraved, deplorable and perverted elements of our society.

All should encourage their sisters, daughters, friends to definitely carry some sort of defence weapons with them. It may be in the form of chilli spray, small knifes and they should have at least basic knowledge in judo and karate or any martial arts. Each and every family should teach their female family members to biting, scratching, hitting, screaming, yelling, fleeing, struggling or any other physical self defence techniques. All different resistance strategies in risky situations should be taught very well to our female members of the society.

These are the only short term strategies I can think of now to protect ourselves from the rowdy element of the society but at the same time it is our responsibility only to make our society free from such troubles permanently. When such incidents happen, it gives a very bad name to our country and makes our head down with shame. So we should also take steps to eradicate this completely from our own society.

One of the biggest drawbacks of our society is when a girl is harassed, then family members are not disclosing due to the feeling how society will treat and see them. We have to be supportive of such family and people. It is not their problem rather it is someone who is making them suffer. Those perverted people should get the message that society and family is not going to hide but defame and will not accept them in their society and home whoever will try to think of doing such heinous acts.

We all see the portrayal of women body in advertisement of products to lure the customers. Now a day’s almost none of the movies are complete without so called item songs. We all understand the double meaning of those songs and how the movement of cameras happens on the women body. Here I mean to say that all these are making our society sexually charged and impact is there mainly among the teenagers who in the process of releasing their energy lead in doing heinous activities may be due to sudden feelings or outbursts. We all have to think what we need to boycott from entering our society and what we need to accept.

 Some people say that it is our attitude and our mentality only that someone is utilising for commercial purpose.  They say, in silence we want the characters like Sunny Leone and that’s why someone gives her opportunity in India. We demand such things and hence someone comes to supply. We all have to think where we are leading and what will be end of this as the impact have already started to knock on our doors.

 We have to prove what and how we want to see the society. We don’t need to learn such type sexual education and love making techniques from the perverted porn stars. Our ancestors and forefathers have taught the whole world the pure way of love making in the form of KamaSutra and these industries can never stand in parallel to the knowledge our own ancestors have accumulated for us . They are more pure and pious than porn materials.

In the case of the rape of Delhi medical student, six persons were there but the alarming to us is none of them got any bit of pity feelings towards her. So through the educational institutions our society should encourage for the building of emotional feelings and bonds right from the childhood not only within the family but with the society also. Our education system is creating self centric individuals and money earning professional human machines only. We must have life-building, man-making, character making, sensible and emotional human beings from our education system.

I will end my typing here with the word that today the medical student who got raped in Delhi moving bus  or the five year old girl may not be personally related to me and you but there is no guarantee for tomorrow if we will not introspect ourselves and stop the percolation of impious stuffs in our society.