Wednesday, April 21, 2010

High expections from Economy

Today our economy is going through a very difficult phase where the task of managing it, is very difficult but our authorities are trying hard to keep it moving with a good pace. Because of their efforts if a raise of hope arise for a moment then the great economists of our esteemed nation start commenting. It's my pleasure to see the people of my country saying that India will surpass China by 2015 if we grow with a speed of 8%, but i want to ask one question from my dear friends, Chinese economists are sitting idle or not doing any efforts to grow their country? No, but they are planning to surpass the biggest economy of the world. They are also trying very hard to grow and grow with a good speed. Don't compare Our contry with anyone but try to grow with our full potential in every direction as a tree do.

"A tree never compare it with the fellow, that is the only reason it always grow."

It is good that people of India are optimistic but be realistic in your approach. It is difficult to make a balance between the different components of the economy to keep it moving.

BASE RATE

Base rate in banking:

With the passing time we Indians always try to misuse the freedom given to us, same happened in the banking sector. RBI asked the commercial banks to fix Benchmark Prime Landing Rate(BPLR) but at present it do not have an significance in real sense. RBI was thinking to have some alternate for replacing it and after a long time they made up their mind to introduce base rate in banking sector to keep some control on landing rates. So the concept of Base Rate came in this sector but it still need to execute. In my opinion it will also not work in our economy because RBI is giving a lot of freedom in calculating their base rate, but besides it there should be some control of RBI in calculating the base rate. What the RBI's committee did was that they only gave a formula for base rate and rest of the work is left on the banks

Monday, April 19, 2010

Haqiqat of life:----

Life is a game where we play with ourselves and both the teams will either win defeat, so we don’t know what stock we should play. In the entire life we keep on moving 365 days in a year, 7 days in a week, 24 hours in a day, 60 minutes in an hour and 60 seconds in a minute without any break. No one knows where are we heading but still continue, no one knows what is going to happen next moment.

We believe in fate but still try to accomplish the task in our own way which is futile.

What is fate?

It is a written diary where everything is clearly defined but we do not know what is written in the next page and around to happen with us. We know that it is impossible to edit the diary or change the fate but still worried about it.

We living being are too weak to act. We always have a fear in our mind for every task we undertake which is an illusion, nothing else. Once great psychologist said that heat can be felt as cold if we our heart & mind will believe it but it is difficult because of our weak willpower. We all are under the reign of our mine. It is clearly said that those who conquer the mine, conquer the world.

In the words of Mr. Satish kumar:

“Strong willpower can change the path of sun.”

Wednesday, April 14, 2010

vachan of mahapurush

Path to the destination might be long but if you continue, surely will get it