A Comment on EPFO making Universal Account Number mandatory for all employers

My Comment on an article "EPFO makes UAN mandatory for all employers under its purview" published in the economictimes.com Dated 22/06/2015 at 10 pm.


"Very good initiative taken by EPFO. Universal Account Numbers (UAN) provide great relief to workers who frequently shift jobs or get transferred to various places in same company. They need not apply for transfer of their account or funds to new place. They will be holding a single account number universally applicable throughout their life even after changing jobs. This is the great advantage in this scheme. 

Members need to provide bank account details for proper and prompt action of activities into their accounts. As mentioned, the deadline for this has been fixed as 25th August, 2015."

A Comment on last date is nearing for exchanging old currency notes.

 My Comment on an article "Only 10 days left to exchange your pre-2005 currency notes" published in the economictimes.com Dated 22/06/2015 at 1:30 pm.

"So, anybody having stocks of pre-2005 currency notes need to present the same immediately at banks or deposit into their accounts within the period in order to get them exchanged for new notes. 

The last date to do so is 30/06/2015."

A Comment on news about Greece facing Bankruptcy

My comment on an article "Greece faces bankruptcy, Banks may not open on Monday" published in the economictimes.com Dated 20/06/2015 at 3 pm.


"Very alarming situation. The developments and deadlock in Greece are too much signs of crashing economy. 

If investors become doubtful about the credibility, they will naturally pull out funds from their accounts. It's no wonder. 

The government should do something to end the deadlock in negotiations and arrive at a feasible solution immediately, getting or garnering the help from Germany and the like countries of European Union."

A Comment on EPF and your funds management

My Comment on an article "EPFO may have ruined your retirement plans.Here's how" published in the economictimes.com Dated 17/06/2015 at 12:25 pm.


"Everything in this article is assumed. If things had been like this, this would have been the result. 

Whatever already happened, you can not change. 

EPFO is doing their best according to their prudence. You can not blame them. Whatever you are getting from EPFO is good as you could not have saved a single pie if you have been let alone. 

The scheme is obligatory. Hence you are saving even this much. 
Now, it depends on you how you manage your remaining funds. You should find ways to invest some more besides this EPF, if you are so much concerned about your future. 

So "Do not blame EPFO". They never ruin you, rather make you prosper."

A Comment on Live worms found by a techie in Nestle Cerelac Baby Food

My Comment on an article "Live worms found in Nestle Cerelac baby food in Coimbatore" published in ETRetail.com Dated 16/06/2015.


"Pests and worms are those which one can not avoid however he may take care and precautions. They do not need prior notice to enter. Since child hood we find them at all places. In food grains, pulses, vegetables and virtually anything that you may come across. So how long can one avoid them?

Moreover, how can you find fault with somebody for these things entering your zone?

How long can you sue them? Don't you know how our previous generations spent their lives? They had to clean every grain or every piece of pulses before cooking. It is only now that you get clean packed items. 

Even now we come across worms in vegetables and fruits. Do we sue the seller? It is not possible nor reasonable to do so. We can't blame them for all these things. Nobody has control over these creatures. Only you can demand an exchange of the item with a new pack."

A Comment on Nestle India's loss due to Maggi row

My Comment on an article '10,000 trucks, 6 cement plants to destroy 27,000 tonnes of Maggi noodles" published in livemint.com on 15/06/2015. 

"Very pitiable condition of Nestle India. The maggi noodles revelations have cost a huge unbearable loss to them.

Imagine noodles of about 27,000 tonnes worth Rs.320 crores being recalled from 3.5 million retail outlets in 10,000 trucks and then crushed in at least 6 cement plants to be burnt out in incinerators(kilns with long, high pipes for emitting gases into atmosphere) at high temperatures. 

The cost of hiring trucks, wages, hiring cement plants all these are extra. Add to it the damage caused to their 100 year old brand image and loss in shares, retrenchment of staff and other consequences that may follow."

A Comment on our army's recent operation neutralising militants in Myanmar

My Comment on an article "India's response to Manipur ambush: How army's highly secretive operation neutralised militants in Myanmar" published in the econmictimes.com Dated 10/06/2015 at 10 pm. 

"This is a befitting reply given to the militant groups that ambushed our jawans at Manipur recently. 

It will also serve as a warning to all those who may try to infiltrate into our borders to cause damage to our lives.

We should not tolerate any such attacks henceforth. May the souls of our brave jawans that were killed by the militants, rest in peace."

A Comment on PM Modi considering allowing foreign university campuses in India

My Comment on an article "PM Narendra Modi to discuss topic of allowing foreign universities to set up campuses in India" published in the economictimes.com Dated 09/06/2015 
at 12:30 pm. 


"This is a welcome step being taken by our Modi government. 

Allowing foreign universities to open up in India is of much importance to our students who are facing much problems because of many reasons in continuing their higher studies at available own universities due to which they are compelled to go abroad and study. 

Once abroad, they may think of settling there and thereby depriving our country of their valuable skills and talents. 

So, this opportunity should be fully taken as an advantage to loosen our grips and invite foreign universities to set up their campuses immediately in India. This will boost our educational standards and also keep our young talents within our country."

A Comment on New Income Tax Return Forms available now

My Comment on an article "Six things to know about the new income tax return forms" published in the economictimes.com Dated 08/06/2015 at 10 40 pm.


"These are some useful revelations about the structure of new Income Tax Return forms. 

The new IT return, ITR 2 and ITR 2A, contain only 3 pages in place of the old forms containing 14 pages.Only relevant details basically obligatory are to be provided in these forms. 

Now, you are not compelled to disclose details of foreign trips or dormant bank account details.

Any other data can be enclosed as schedules to this Form. Consequently the last date for submission of forms is also going to extended till August 31."

For full details of changes and amendments in forms, you should go through the article at  this Link

A Comment on some bad practices at Kumbh melas

My Comment on an article "Disown sadhus taking drugs during Kumbh" published in the timesofindia.com Dated 06/06/2015 at 12:50 pm. 


"It is one very important issue to be dealt with seriously. 

Sadhus or any gentleman should be moral examples to the society with good habits and thoughts. 

So why some people indulge in such bad practices of taking "ganja" and smoking "hukka" and indulge in consumption or distribution of bad things to society? 

I wonder how these things came to be associated with Sadhus!!! Taking the name of Lord Shiva, people involving in such things is very much unwelcome."

A Comment on US denying visa to our archers fearing 'no-return'

 My Comment on an article "US denies visa to 20 junior archers fearing 'no-return' published in the timesofindia.com Dated 06/06/2015 at 1 pm.


"Very sad to know this. But their concern is also reasonable. 

People go on some work and get settled there. This is one bad habit among most of them in India only. 

One should try to develop his own country by contributing with his talents. He may go for learning or for enjoyment purpose for a shorter period. But should return back and settle in his own country."

A Comment on cleaning up of Godavari river & about Godavari Pushkaralu

My Comment on an article "Officials, citizens, NGOs join hands to clean Godavari" published in timesofindia.com Dated 06/06/2015.  


"Good work taken up by the environmental activists along with the help of government officials and ordinary citizens to clean up River Godavari and its tributaries on the occasion of World Environment Day and ensuing Kumbh Mela. 

"Godavari Pushkaralu" is a grand event just like the Kumbh Mela at Allahabad and Varanasi organised yearly and on even more grand scale once in twelve years. The pushkaralu falls during July this year.

A Comment on FIR against Actors on Maggie row

My comment on an article titled "Maggie row: Court directs FIR against Amitabh Bachchan, Madhuri Dixit and Preity Zinta" published in ETRetail.com dated 03/06/2015.at 10:30 am. 


"Very sorry for the actors endorsing Maggie being targeted with FIR and arrests.

I wonder how can they be blamed? The actors normally should be considered as innocents as they can't be expected to have any knowledge about the composition of maggie product or their consequences on health of the consumers. All of us have consumed maggie in one way or other at any time and enjoyed its taste for many times. It is only when some revelations were made that we came to know of the bad effects of eating it. 

Even now, we consume it for emergency purposes as it is easy to prepare within minutes.

So, because of some rare happenings of illness, how can you sue on a lay man endorsing for the product as the cause of the bad effects on your health? 

You can sue only the producer of the product and his chemical designers/ engineers and nobody else should be held responsible for this."

A Comment on How to save for children if Parents are around 40 at time of marriage

My Comment on an article "Financial Dos and Don'ts for parents in their late 30s, early 40s" published in the economictimes.com Dated 02/06/2015 at 5:15 pm.

"Useful article with good tips for managing your funds if you reached near about 40 years age at your marriage time and so need to plan for your children who will be much younger at your retirement age. 

The options mentioned by author are insurance policies, mutual funds, sukanya samriddhi schemes for daughters under 10 years at present and switching over of jobs (to lower risk and higher income ones) and of course look for other part time jobs to enhance income."

A Comment on Conversion of Gold ETFs and MFs into Gold monetisation Schemes

My Comment on an article "Gold monetisation scheme: Is it time to swap Gold ETFs for Gold Deposits?" published in the economictimes.com Dated 02/06/2015 at 4:50 pm.


"This can be a good scheme for investors if only the banks can accept the ETFs as it is. 
If investor is required to first convert the ETF (Exchange Traded Fund) documents into physical gold and then only can invest into Gold Deposits scheme, where is the benefit? 

The conversion charges are about 2 to 3 per cent. So, extra interest earned through physical Gold Deposits is already spent on conversion charges and the person may even be a loser of some more money as interest earned can be lesser than already spent by him towards conversion charge."

A Comment on Google Doodle paying tributes to Nargis Dutt

	Your comment on the article ''Google doodle pays tribute to Nargis Dutt on 86th birthday'' is now displayed on timesofindia.com Dated 01/06/2015. at 6 pm.
	''A great tribute done by Google to this well deserving actress, Nargis Dutt by honouring her with a Doodle at her 86th birthday today, 1st June 2015. She was a great talented actor doing many hits with Raj Kapoor and Sunil Dutt. She got the best actress Filmfare award in 1957 for her magnificent performance in "Mother India" which can not be forgotten.''
	Thanks for sharing your thoughts.
	Regards,
	Team TOI