Thursday, 19 April 2018

Curtail Your Cash Transactions | Switch-Over to Digital Mode

It is mentioned in a recent news article titled "ATMs across the country go dry" published on economictimes.com Dated 18/04/2018 that there is a high demand for currency ranging between 40k to 45k crores per month nowadays in the country as against a supply of 20k crores.

The data indicates that the total currency available in public circulation during the month of March 2018 is estimated at 17.50 lac crores of rupees which is too much.

ATM withdrawals made during January 2018 Rs. 41,102 crores and during February 2018 Rs. 37,126 crores. The latest figures were not mentioned in the above article.

So, this shows that people have not switched over to the digital mode yet. Why it is so?

Involving in cash transactions creates black money and leads to inflation also. It is only a blow to our economy.

If we want a sound, healthy economy we must switch over to digital transactions. Make all your purchases through your ATM cards without drawing the cash.

Your cash transactions should be limited to minimum daily requirements like milk, vegetables, laundry payments, saloon payments, etc.

Don't force the RBI to indulge in printing notes which is an additional burden to the economy as crores of rupees are wasting in printing the currency notes.

Monday, 16 April 2018

Decorum of Language and Media

Today's Deccan Chronicle dated 16 April 2018 sported a peculiar headliner (see the last page numbered 14)- "Saina is pure Gold".

What a childish, senseless heading!!!

What does it mean?
Pure Gold and Fake or Impure Gold?

The author of that post must have been too much excited and lost his sense of humor or even the wit.

He could have simply stated Saina is Gold or Saina wins Gold.

Overstating anything can hurt the sentiments of other participants and people.

An elite newspaper's editors (like Deccan Chronicle) are expected to be more prudent.

I love this newspaper very much for its editorials and featured columns. But, I get disappointed at such minor basic mistakes committed due to over-excitement.

Friday, 23 March 2018

A Comment About Empowering RBI to Deal with PNB Fraud

My Comment on an article titled "PNB fraud: Time to take a big stick to these Clouseau Bankers in India" published in the economictimes.com Dated 22/03/2018. 

"True. The RBI should be more empowered to deal with corruption and inaction in the banking sector, whether national or private. 

The RBI governor should be given full powers to crack down upon them and punish them."

Here the word 'Clouseau' refers to a person or body making mistakes without realizing it or with no intention to rectify those mistakes.

So, the in-charge of RBI should be more empowered and smart enough to bring such erring beings into commitment and hold responsibility for their acts.

Saturday, 10 February 2018

Our Media and People Ignoring Achievements of Women Players

My comments regarding showing partiality by media while covering sports events with breaking news or through headlines in the Newspapers.

"Smriti Mandhana's magnificent scores and Jhulan Goswami's performance in the second test against South Africa were not highlighted at par with our male team Virat Kohli and spin bowlers- Yazuvendra Chahal and Kuldeep Yadav - performances. This is an utter show of partiality and prejudice towards the importance of men over women."


This one is my reply to one more commenter who showed an equal concern like me at the not spotlighting of women team's achievements by media people at an article titled "Indian women eye 3-0 whitewash of South Africa" published in the Times of India dated 09/02/2018.

"Very true. They talk of the equality of Women at par with Men. But, in practice, there is always this attitude of not giving importance to women." 

Tuesday, 2 January 2018

A Comment on Government Celebrating on Liquor Sales

I just read a news in the Deccan Chronicle Hyderabad Edition Dated 02/01/2018 titled "TS gives a spirited welcome to the New Year and How".

What a pity!!! And, how ironic it is!

It is like celebrating on the ruins of the human lives. Imagine how many families must have been undergoing the bad consequences of this alcoholism habit of their members. Think of their sufferings and tortures, both physical and mental, that they might be facing every day.

I don't understand why the governments are not banning all these bad habits of tobacco and liquor consumptions. They should entirely ban the production and sale of such vulgar things.

I pray God that he be kind to this humankind.

Friday, 1 December 2017

A Comment on MBA Freshers Being Unable to get Good Jobs

My Comment on an article titled "India's MBA crisis: Why fresh graduates are not getting jobs?" published in the economictimes.com Dated 26/11/2017


"The MBAs lack practical knowledge in most of the fields and thereby unable to manage things with responsibility. Even some of them do not like to give respect to older staff who are independently capable of doing the whole work by themselves. It becomes very embarrassing to work as a team in such cases resulting in failures.

It has been my personal experience when I was working in UP Cement Corporation where MBA freshers were appointed as Accounts and Sales Managers who could not reply to questions at Executive meetings and I had to accompany them wherever meetings were held to answer things."


Tuesday, 17 October 2017

A Comment on Reliance Jio 100% cashback offer with Rs.399 recharge

My Comment on an article "Reliance Jio offers 100% cashback on Rs.399 recharge this Diwali; new telecom tariff war begins" published in the economictimes.com recently.


"It is a very good opportunity for the public to enjoy unlimited data and call charges for a continuous period of 84 days by recharging with only a sum of Rs.399 before 18th October 2017. 

The unending competition between the telecom service providers can further slash the prices. 

Jio's offer for existing customers, who recharge with this cashback offer now, will be applicable after the expiry of their current existing (balance) recharged period." 

Sunday, 30 July 2017

A Comment on Withdrawing of the higher value 2000 Rupee Notes

My Comment on an article "There are signs of another currency ban coming" published in the economictimes.com Dated 26/07/2017.


"If they are banning the "Two thousand Rupee" currency note in the coming days, it can be a great achievement. This will be a good step towards controlling the black money formation and speculative transactions in cash. 

Even for the simple reason of curtailing the bigger cash transactions which are being done even now. I recommended it from the beginning itself to not bring these higher value notes of Rs2000 or Rs1000 in the market." 

A Comment on the ouster of Nawaz Sharif from Pakistan PM post

My Comment on a news item "Here's how Pakistan PM Nawaz Sharif's ouster will impact India"  published in the economictimes.com Dated 28/07/2017.

"It doesn't matter much in my view. The military always remained the commanding power in Pakistan which directs the government. So, nothing worse may happen. It will remain the same to India.

Some are of the hope that if his brother is appointed as the next PM, the things may change. But, not hopeful of any solution."

Friday, 14 July 2017

A Comment on Present Offers of Jio mobile Data and Voice plans.

My Comment on an article "Reliance Jio Raises Rates......." published in the economictimes.com Dated 11/07/2017.


"So, one needs to recharge for Rs.399 to get the 84 days validity with 1 GB per day for 28 days in a month under the prepaid or post paid plans.

The previous offer prices of Rs309 and Rs349 have been restricted to only 56 days validity period."

You can view the full details of it at this Link.
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