BUDGET 09

It took me 8 days to understand the issues of budget 09. But still I do not know many terms related to business like fiscal deficit, liquidity, how sensex goes up and falls down,excise duty, what is the actual meaning of GDP (gross domestic product). What happened at the day of announcement of financial budget 09 that caused the sensex to fall down by 869 points?
I am trying to decipher the meaning of “fiscal deficit in 2009-10 is proposed at 6.8% of GDP”.

Many fallacies and many truths. But this is what I got from best of my knowledge.

The first one is that, what is the need of increasing money for NREGA which is not working satisfactorily? They are giving priorities for this scheme because it was started by congress government that is for sure. They increase money but this is for the “village level leaders” as nothing is done at ground level (or I must say at root level, because I have done a survey on NREGA in my NSS camp).

They are investing money on agriculture but are unable to curb the migration of farmers from village to city. The problem is not with these farmers (or villagers) but the rapid modernization of India that encourages these people to travel towards the city. The government should not invest much on agriculture but invest to provide the facility for poor people and farmers to melt off the migration of these people.

It is good to give an impetus to education. Providing fund for IITs and NITs to improve the educational system is a welcoming proposal. But increasing more no. of IITs will surely dilute the ongoing status of these esteemed institutions (but as you know this is not been done by the FM).Also proposing subsidy on interest rate on education loans will help humble means to go for a right and respectable institute.

But nothing is done for India’s most grievous problem that is Terrorists and Maoists attack. Bigwigs of government make many promises at the time of elections but nothing is done by these defective people. They think that these 5 years are the fruitful years of their life.

So all in all there was a mix response from the society. Some improvement and some just wastage of money. But as you know all the five fingers can not be made equal.
So let be happy from what has been done….

Wimbledon.....

Recently my interests have turned to Tennis. Thanks to Nadal , Vish,French open, Wimbledon, Amit ji ( I am a regular reader of Amitabh bachchan’s blog) to tune me into tennis court. I am a big fan of cricket but a hardcore fan of Rafa (still I do not know many rules in tennis). Playing badminton is my passion. I am a passionate shuttler (I go for badminton whether it is basic electronics exam “toughest paper we had in 3rd semester” or whether I have a fever of 101 degree), I never gave up playing badminton.

Someone I idolize in tennis like Pete Sampras, Andre Agasi , Steffi Graf, Roger Federer (greatest of all times with 14 grand slam titles equalizing with Pete Sampras) , Leander Paes, William sisters, Maria Sharapova, (not Sania Mirza, her performance and stardom are inversely proportional) and off course Rafael Nadal…

As you see the market in big W is heating. (Or I should say it is at the peak). As only semis and finals are left out.

I am writing this post because I have no work to do today. It feels good today. I am feeling very confident, content, healthy and my mind is working at the high today (generally mind flows to south in midnight) .Reasons I do not know. May be today I woke up at time (generally I wake up at 12 or 1 pm), or may be I had a good sleep in night, or may be I read something related to my subject (generally I do not open books until exams are on the head) or may be there is a mild rain which makes the atmosphere calm.

Sorry, I forget where I was. I lost myself to describe my day..

Oh ya I was in Wimbledon..

William sisters again knock at the final. 29 year Venus destroys Dinara Safin in just 51 minutes while younger one snatches victory from the hand of Elena Dementieva by saving one match point. Let us see whether the older sister is able to defend her championship and is able to score hat trick in Wimbledon.

And whether Andy Murray’s hope to become a first British to get a grand slam after Fred Perry since 1936 is coming true or not. And whether Tennis maestro Fedex will be able to record his name in tennis book to become first tennis player having 15 grand slam titles. He competes in all the four facets of games (Whether it is Wimbledon, French open, Australian open or US open).

He is the undisputed king of grass court. He will be fighting with his old German friend Tommy haas to walk into his 7th Wimbledon finals. Federer should say thanks to Nadal who is not playing this time otherwise who can forget his win over second seeded in last Wimbley.

So let us wait and watch till 5th July whose dream is going to come true….