A Comment on Greece and European economy

My Comment on an article "Why rich European nations want the Euro to work" published in the economictimes.com Dated 11/07/2015 at 10 pm. 


"Very intelligent and interesting article about need for finding a solution to the crisis struck Eurozone economy. 

The author compares here with US economy and argues for following a similar policy to strengthen the Euro currency and thereby the Eurozone economy. 

Very deep analysis of the vital points and possibilities available have been discussed by him. Policy makers can think over these matters and find some tangible solution to the crises."

A Comment on capping withdrawals from PF money for social security

My Comment on an article "Government plans to cap premature withdrawal of PF money at 75% of total amount" published in the economictimes.com Dated 11/07/2015 at 3 pm.


"Good decision by government to cap the withdrawals from Provident Fund deposits. 

People should learn to save something for future, either voluntarily or by compulsion. 

Spending out all earnings for present needs only is not a good habit. If you get habitual at spending now for satisfying all present needs, then from where will you get money in the future after your retirement or at any other occurrences? 

Practice austerity from now itself to be happy throughout your entire life."

A Comment on PM Modi's question: Why can't Google be made in India?

My Comment on an article "PM Modi launches Digital India campaign; asks why can't Google be made in India" published in economictimes.com Dated 04/07/2015 at 2:40 pm.


"One may be thinking talking and dreaming is easy. 

But you should accept it will lead to action. Dreams make us think and thinking leads to talking and discussing things. Unless you discuss, you can't get clear ideas. And clear ideas combined with some determination to achieve something will definitely lead to action. 

So it is good to see our PM is thinking about all these things and prompting public discussions. So, our brain power can be invested in realising these dreams successfully when all of us contribute to it."

A Comment on running of families with less than Rs.10,000 per month income

My Comments on an article "92% rural homes run on less than Rs.10,000 per month" published in timesofindia.com Dated 04/07/2015 at 12:15 pm.


"Very discouraging figures. 
People are still far below the minimum standard of living. Even now, so many of the families are earning less than Rs.5,000 per month. 

How can they eat full diet required for their health. And how can they work and earn, if not able to live sufficient food? 

All the government schemes and projects are unable to provide any relief to these people. They prevail only on paper and does not reach the real victims."

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."