Current & Waves

Food security bill is a good attempt by the government to ensure food and nutritional security to all. The bill is designed to extend subsidized food to pregnant women and children under the age of 16. The bill will ensure the security to almost 67% of population at the subsidized rate of Rs. 1-3. The eligible population will get 5 kg in total of rice, wheat, pearl millet and sorghum per month. Rice @ Rs. 3/kg, Wheat @ Rs. 2/kg and coarse cereals @ Re 1/kg. Being a nationwide project it will cost from 0.8% to 1.1% of GDP. The government says it will provide 62 million tonnes of food a year under the bill and the size of the subsidy is estimated around $24 billion. Now the population is increasing geometrically, value of currency is declining, inflation is increasing so the operating cost will also increase. These all means more expense on subsidy annually. Down the line viability of this project seems under the banner of question mark. Not only the budget part its implementation ...

Trade isn't about goods. Trade is about information. Goods sit in the warehouse until information moves them.   (Unknown) A  warehouse  is a  commercial building  for storage of  goods . Warehouses are used by  manufacturers ,  importers ,  exporters ,  wholesalers ,  transport  businesses,  customs , etc. They are usually large plain buildings in industrial areas of cities and towns and villages(Source- Wikipedia). This is the simple definition of warehouse, but its importance and working system is not that plain. It helps all segments of market right from producer to consumer.  Farmers usually don't get the price which they should get. In lump sum we can say the return on investment part for farmers in most of the cases has been discouraging. Why does such problem occurs?  The main reason is glut of farm produce, which mismatches the demand and supply.  What could be the possible so...

India has emerged as the fifth most favourable destination for international retailers, according to A T Kearney's Global Retail Development Index (GRDI) 2012. "India remains a high potential market with accelerated retail growth of 15-20 per cent expected over the next five years," highlighted in the report.  The Indian retail industry is pegged at US$ 500 billion and is expected to reach US$ 1.3 trillion by 2020.    In addition, the organised retail is expected to reach 25 per cent by 2020, as per the report of PwC. You cannot fly like an eagle with the wings of a sparrow. The much-awaited entry of foreign retail giants such as Walmart, Tesco and Carrefour into the $450 billion retail market has been allowed by Govt. through 51% FDI in retail sector. That's a welcome step and as an economist Mr. PM should have taken this step long before. Decision taking has been so easy for this Govt. but execution is stiff challenge. Needless to mention the Congr...

Whenever you find the key to success, someone changes the lock. _____ To Err is human, but to forgive is not a COMPANY policy. _____ The road to success??.. Is always under construction. _____ Alcohol doesn't solve any problems, but if you think again, neither does Milk. _____ In order to get a Loan, you first need to prove that you have ability to repay back. _____ All the desirable things in life are either illegal, expensive or fattening. _____ Since Light travels faster than Sound, people appear brighter before you hear them speak. _____ Everyone has a scheme of getting rich?.. Which never works. _____ If at first you don't succeed?. Destroy all evidence that you ever tried. _____ You can never determine which side of the bread to butter. If it falls down, it will always land on the buttered side. _____ Anything dropped on the floor will roll over to the most inaccessible corner. _____ 42.7% of all statistics is made on the spot. _____ As soon as you mention something?? If ...

Aaj shab jo chaand ne hai roothane ki thaan li Gardishon mein hai sitaare baat hamane maan li Andheri syaah jindagi ko sujhati nahi gali Ke aaj haath thaamlo ik haath ki kami khali Kyun khoye khoye chaand ki firaaq mein talaash mein udaas hai dil Kyun apane aap se khafa khafa jara jaraasa naaraaj hai dil Yeh manjilein bhi khudahi tay kare, yeh faasalein bhi khudhi tay kare Kyu toh rasto pe phir seham seham sanbhal sanbhal ke chalta hai ye dil Kyun khoye khoye chaand ki firaaq mein talaash mein udaas hai dil jindagi sawaalon ke jawaab dhudnein chali jawaab mein sawaalon ki ik lambi si ladi mili sawaal hi sawaal hain sujhti nahi gali ke aaj haath thaamlo ik haath ki kami ?khali ji mein aata hai murda sitaare noch loon idhar bhi noch loon, udhar bhi noch loon ek jikr kya (main saare noch loon - 2) (idhar bhi noch loon, udhar bhi noch loon sitaare noch loon main saare noch loon) - 2 kyun tu aaj itna vaishi hai, mijaaj mein majaaj hai ai gam-e-dil kyun apane aap se khafa khafa jara jaraasa...

It has been quite long time I pursued my hobbies. Seems everything are under transition. Preference and priorities are the two entities which determine the way of life. These two are so strong that it needs to be adjusted with time else it will adjust you in some corner. Recently I stopped hovering over my old mate(lappy). Books which has been my best pal still looks at me to get noticed. And I can see people doing good who were book worm only at the examination hall. Lots to learn are still in the dish of life. So keep walking and unfailingly get recharged every time when you feel low. Cheers!!!  

The UPA Govt. has seen lots of transitional waves that would have erupted the party and would have abolished the Congress forever from the name of politics. But what got proved from the activites of these people- Ye politiks hai Bhaiya saare bhed aur pench lagane padte hai. Humne etne saalo se desh chalya hai aur bahut sare waves dekhe hain..  Let me make very clear that I have nothing to do with the parties and politics but indeed with what I get on my Rupee spent(Kamana bahut muskil hai bhaiya). The breeze of budget are already touching the nerves of people. Now this could be apt opportunity for Govt. to get a favor from the mass provided they should not leave the loops and holes to adjust the budgets in their own Bank A/Cs. CONCERNS "Food prices remained negative for the second consecutive week, falling to (-) 2.9 per cent for the week ended December 31, 2011. It was above 19 per cent in the corresponding week of 2010." At one side if the food prices goes down the fa...