Brainless Bomb : 2014 Election dates (Leaked)

LOK SABHA ELECTION DATES (LEAKED):
16 April-124 seats
23 April -141 seats
30 April-107 seats
7 May-85 seats
13 May-86 seats
Result 16 May 2014.

– WhatsApp forward, so understandable that authenticity is not confirmed (In short, this might not be true).

P.S. – Election dates are expected to be declared anytime this week (analysis based on quick back to back cabinet sessions to clear some populist moves ahead of code of conduct implementation).

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A World’s View Without Glasses – Is the appointment of Satya Nadella a feather in India’s cap or a slap in the face for the Indian system?

With Satya Nadella being elevated to Microsoft CEO, social & mobile media flooded with messages congratulating we as Indians.  Unlike others we as nation are always happy to take pride of achievements of PIO’s even though they have never endorsed us as part of their life. 

When on some of  the channels I asked the tough questions, I was not seen with good eye, in fact one of the person went to extent of labeling me of ‘jealousy’ for Satya & being unpatriotic.  Guys give it a break, neither I was anywhere near as competition to Satya to Jealous of him and if asking tough questions related to country’s ‘Poor’ system, I am happy to be ‘unpatriotic’. 

Today came across one fine article from firstpost.com on this subject and can’t resist to share it with all… Though some of the metaphors are not fully subscribing to my thoughts, it would really an eye-opener for one who doesn’t see the world with blind-eye.

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Nadella as Microsoft CEO: A slap in the face for Indian system

Is the appointment of Satya Nadella a feather in India’s cap or a slap in the face for the Indian system?

While Indian newspapers were over the moon about Nadella’s elevation, with some justification, there is another side to the story we need to consider: why is it that India’s tech and other geniuses flower only in the US or Silicon Valley?

Why is it that every India-origin person to win a Nobel after independence in the sciences is not an Indian citizen any more? Hargobind Khurana won the prize for medicine in 1968, Subrahmanyan Chandrasekhar for physics in 1983 and Venkatraman Ramakrishnan for chemistry in 2009. All of them flowered only because they left India, and not because they were Indians per se. They left India behind.
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Brainless Bomb : NaMo is there even in Manmohan

Namo in Manmohan

NaMo in Manmohan

NaMo (Narendra Modi, PM candidate of principal opposition party) is also there in name of Manmohan (Dr. Manmohan Singh, current PM of India).

The image represents names of this two distinguished leaders in Hindi, Official language of India.

– Image Courtesy : friends on WhatsApp.

Brainless Bomb : Coincidences of Words – Choose Wisely !!!

Cry has 3 letters
so does Joy.

Hate has 4 letters
so does Love.

Lying has 5
so does Truth.

Under has 5
so does Above.

Angry has 5 letters
so does Happy.

Wrong has 5 letters
so does Right.

Enemies has 7 letters
so does Friends.

Negative has 8 letters
so does Positive.

Are they by Coincidences?

It means Life is like a Double edged Sword,
We should choose the BETTER SIDE OF LIFE!

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By the way,

Manmohan (Manmohan Singh) has 8 letters &
and so does Narendra (Narendra Modi).

Choose Wisely!!!

– a WhatsApp creativity, I loved & thought of sharing.

Note: The post is intended to share  & cherish the humor across general public and is not intended to cause any derogatory remarks/ statements to any institution or individual.  I am not the author or publisher of the original content.

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Brainless Bomb : Are we really a Young Nation?

National Flag

India of Dreams

On eve of India’s 67th Independence day, an individual asked a question, at 67 are we young nation anymore?  It was a question, we do have our share as developing nation, but are we young any more?

Though I had an answer to the question I restrained from speaking out as wanted to also hear other voices & views, and then it came, a masterpiece, comic & laughable but full of sarcasm, re-producing the conversation for all those you can laugh…

Q:  At verge of retirement of 67, is India a really Young Nation?

A: Who said verge of retirement is 67, check out the ages of our leaders, Hon. President is 78, Hon. Vice President is 76, Hon. PM at 81 and with most of members of parliament are above 60, so at 67 we as nation are really Young.

Though the answer left me speechless, humorous but speechless. On a serious note, I do think yes we are a young nation, not to counter point that our leaders are aged as compared to its residents, you and me. The fact is United Kingdom became a Union sometime in 1707 (306 years & counting), so does United State of America became Union in 1776 (237 years & counting) and China became republic in 1912 (101 years & counting).

We can debate numbers but the fact is we are evolving, as a nation and as a society and we have a long way to go before we held our head high to realize the dreams of our founding fathers, and in this sense I say, yes we are, we are a Young Nation at 67.

Brainless Bomb : Are we really young nation?

A much hyped news just made my mind ponder to find an answer to an obvious question, Are we really a Young Nation?

Our first Citizen, President of India, Shri Pranab Mukerjee is 77 years old,

Vice President of India, Shri Hamid Ansari is 75 years old,

Today, Prime Minister of India, Shri Manmohan Singh turns 80 years old.

So if top three leaders of country, where compulsory retirement age is at 58-60 years, are much beyond there retirement age, how do are we saying ourselves truly a Young India?

Headless Hunch: Why Diesel pricing should have out of the box solution.

Recently UPA lead government overcame the biggest hurdle in reviving economic condition of India by straight increase price of diesel by INR 5/liter reducing its under-recovery to 10-13 INR/liter from one time high of 15-18 INR/liter.

The reaction to this announcement was as expected.  Opposition and ‘independent’ media, in name of common man, condemned it, while stock markets and majority of economist applauded it.  Personally, I think this was inevitable as UPA would not be able to pull this long considering the curren

t state of economy.  They played their cards well; with this diesel huge hike they definitely kept room for themselves, in case they need to do a partial roll-back under populist pressures.

However, I think it’s high time, we step out of our comfort zone and think innovate during such unprecedented circumstances.  Price hike was inevitable, due to subsidiary burden and fiscal deficit reaching around 6%.  However, the hike will work as catalyst to propel the inflation and will in short term will impact the economy.  So what is way out?  As usual, I juggled the thoughts and numbers to come up with this solution scenario.

Diesel Pump

OMC (Oil Marketing Companies), which includes mostly IOC, BP, HPCL have traditionally cried foul over the subsidiary payments and under recoveries in subsidized distribution, however, after lot of research I couldn’t found out any conditions on these companies to improve their refining margins.  Refining margins for these companies are almost stagnant for last decade.  This is high time when they should be held accountable for the inefficiencies in improving the refining margins.  Private players like Reliance and Shell have shown considerable improvements in their Refining margins with help of various tools, including fund hedging and different crude mixes.  Unfortunately Govt. held refining companies, have been working on with almost single kind of crude for decades.  Why the inefficiencies of government companies be compensated by way of government subsidiaries? Why these companies are not being pulled up for not improving refinery margins?  I think they should be made liable and bear up the losses for their inefficiencies.  I don’t have correct numbers with me, but I am sure over long term, this will bring down the under-recoveries by nearly 30-50%.

Coming back to practical approach on diesel pricing, we can divide the diesel consumers into four categories, (a) Cars including SUVs, private buses, small shops & apartment which use it for electricity backup, (b) Industries who consume truck loads of diesel like generators in IT companies or manufacturing, (c) Truck & Heavy vehicles which being used for transportation of goods and (d) Railways and public vehicles (State transport)

Out of above mentioned categories which require subsidized diesel is category (c) and some portion of category (b) users. Some time ago, we had a wonderful view of differential pricing which was negated due to the fear of the black-marketing and practical hindrance in implementation.  Let me first describe of the easy once that can be termed as ‘quick wins’    Category (b) industries generally procure the fuel directly from the OMC and thus can be charged at market rates (non-subsidized) and wherever they have subsidized requirement, equivalent tax credits can be provided on monthly/ yearly basis.

Now, category (d) Railways is biggest consumer of diesel and they also procure from directly from OMC.  They can like category (b) users be charged at market rates (Non-subsidized) and if government want to continue populist railway budget, Railways can be provided with oil subsidiaries via Rail Budget allocations.  Two benefits, first railways subsidiary bills can be accountable and their efficiency improvement can be tracked.  Secondly, government if wanted to maintain fiscal health policy criteria, will be forced to present genuine railway budget rather than current populist budget.  Similar story goes for the state transport vehicles, only funding medium will change from centre to state.

There is no doubt in my mind that category (a) users should be charged minimum at market rate (non-subsidized) and because still in India cars, specially diesel cars, are considered as luxury items, they should be charges extra via additional Road Tax and Excise Duties.  The argument will now arise that this will kill the automobile industry which is currently under pressure, blah blah blah…, so let me remind you, the ultimate aim should be to kill such industry which destroys environment and doesn’t invest in R&D for fuel efficient systems.  The saying ‘Necessity is mother of Invention’ will help the so pressured automobile industry to survive and if not, there are option of petrol, electric, CNG, hybrid cars.  Perhaps, we might find solar cars running in India.

Now let’s focus on final category, category (c) which represents Trucks and vehicles transporting goods. Fuel price rise in this, will have direct impact on cost of goods being raw material or finished goods and would directly contribute to inflation and hit every individual.  Thus it’s imperative that this category gets subsidized fuel. However, it’s virtually impractical to have differential pricing. So let this vehicle procure fuel at market price but implement the following:

Reduce the excise duties to minimum: The reduction will have a loss on exchequer but can be mostly compensated by marginal hike in duties of car.  Again, number of cars sold is much higher then number of trucks sold, so by simple arithmetic solution, the hike in car excise duties would be marginal and help survive automobile industry.

Reduce the road tax to minimum: Same as excise duties, road tax if reduced will help trucker save money and with same logic as excise duty, private car owners will not have to share hefty hike.

Eliminate the State Permit:  Elimination of State Permit will ensure that the truck would be freely available to ply between any routes and any place.  This will also help truckers to quick move to profitable routes and competition will ensure that market correction will give optimum rates of transportation.  Unlike right now, permit costs would not increase the transportation cost and this move will be equivalent in monetary terms as subsidies in fuel cost.  Again, as there would be no state permits, the trucks would not get stacked at state entry check-post for a day or two, giving around 1-2 days more for trucker to earn.

The question will now arise that who will bar loss of State Permit charges.  Well these charges will be compensated by Centre on reducing basis over few years.  Post few years this would not be required as the trucker would be working more efficient and would be doing more rounds, they would deliver higher quantities of goods leading to higher VAT/Sales Tax/ GST collections.

Again, free movement of trucks within states, will create burden on the State Government to reduce the current taxes on diesel prices as truckers will mostly fill up the tanks where they get cheapest fuel.  So if trucker is making rounds between Bangalore and Chennai and if Chennai has even 10 paisa less fuel price, trucker will fill most of fuel from Chennai and thus Bangalore eventually have to reduce their prices (taxes) to compete with Chennai.

Again, this is my hunch on how to handle diesel scenario for this country.  But I am sure this one is also not full proof and requires lot of ‘consensus’, which in today’s narrow world hard to come by.  Still with all the positives, I am floating these thoughts for all intellectuals out here to read, comment and suggest some ‘out of box solution’ to this not so simple problem.