Wednesday, August 28, 2013

Is it just a fall of Indian Rupee ?

It's not just a fall in the value of Indian Rupee. It's the rise in the value of whatever we buy from overseas. It's a rise in the price of Petrol, Diesel & every second thing of our use that we import. And it has a direct impact on the cost of living in our own countryJust view the downward journey of our own Indian rupee since 1947 :



















And today, our Rupee touched a record low of 68.75. In a reply to Yahoo news, Uday Bhatt, a forex dealer with UCO bank said, " It is just impossible to put any realistic value to the rupee any more". 

Herald Van Der Linde, Head of Equity Strategy, Asia - Pacific, HSBC feels that India was over - owned by foreign institutional investors as the situation is changing. In an interview to CNBC - TV18, he warned that over - ownership will remain an overhang on India. 

"The rupee slumped to a record low below 68 per dollar and shares tumbled on wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets," said a news by REUTERS.

"The Food Security Bill is the Key Reason for the rupee's fall on Tuesday. It would open floodgates for ( credit ) ratings downgrades, if the fiscal deficit is not reined in," said Ashtosh Rana, head of foreign exchange trading at HDFC Bank. TOI

The Reserve Bank of India had earlier cautioned against increased public spending stemming from the food bill. It further warned that this could deepen India’s financial deficit and strengthen the already elevated inflation in the economy.The government has budgeted an additional 230 billion rupees annually for the programme. According to a government statement, this act takes the total food subsidy bill in 2013-14 to 1.25 trillion rupees. But India's Finance Minister, P. Chidambaram, insisted Tuesday that the government could afford a vast new food programme for the poor designed to eliminate malnutritionDAWN

Let's see what is the next brave & bold step of our Prime Minister & the Finance Minister to control the fall in Indian Rupee. 

with thanks quotes from various sources.

Saturday, August 24, 2013

We have to survive, as is where is basis ?

Dear Mr. Vohra ji,

Once we encounter a problem, we get a large number of 'innovative' ideas and 'plausible' solutions. But will they be considered by the echelons who matter! All said and done we have to survive, as is where is basis with no serious steps to solve the problem over a period of time.  The authorities concerned could not even implement 'simple solutions' to reduce the impact on parking in colonies. Time and again we had approached the authorities concerned to (i) remove all encroachments, including kitchen gardens in front of the residents' houses; (ii) park their cars at the 'parking area' in stilts where available; (iii) enclose the 'open areas' where available with a compound wall and gate for parking purposes and in course of time we may have to surrender small parks and use the service lanes for parking purposes. It is not Japan or Singapore where discipline could be enforced amongst our great Indians. Every child in the family wishes to possess a car as a scale of 'prestige' and nobody wishes to share their cars with friends and neighbours which could also reduce the 'impact' on the road. With escalation in prices of petrol and diesel all such steps have to be taken. Metro and City buses have come in a big way to solve the problem but we perhaps require much more to meet our needs!

With best regards,

TK Balu
Secretary/RBECHS/Anand Vihar

RWA - North Delhi !

As I was going through this web portal, I couldn't find any entry for RWA-North Delhi. North Delhi has numerous Residential Societies, DDA Residential Complexes and other Residential colonies. There is an urgent need of a mediation Centre in this area as it is acting as a boom for antisocial elements being close to outer Delhi area and Delhi Rural areas.

Moreover, Our RWA itself is a problem to its Residents as there is no particular care being taken of Resident's Problems.

I am a Member of Swaran Apartments which lacks a proper RWA. An unseen work force looks after its Day to Day routines, which include only services of 4 sweepers out of which 2 work for common areas and 2 lady sweepers collect from Houses. 

There is no facility of an Electrician, Plumber, Watchmen ( resulting in thefts recently). 

I wish that the RWAs associated with this portal should communicate with RWAs of this area and let them also enjoy the benefits of the Bhagidari Schemes launched by Delhi Government. Together only, we can make Delhi a better place for living.

Sincerely,
Mina Sanghi
Swaran Apt, Madhuban Chowk,
Pitampura, Delhi-34


Thanks for your mail. Bhagidari is the most prestigious scheme of Delhi Govt & if you are not registered with it, please contact the Bhagidari cell of Delhi Govt at Delhi sachivalay.

Regarding Online RWAs Directory on our web portal, we have many requests to add all the left out areas into the RWA Directory. We are working into it & hopefully, very soon, we will introduce a full fledged Online RWA Directory of Delhi on our webportal www.RWABhagidari.com

Thanks

East Delhi RWAs Joint Front

Sugar (diabetes) detection and awareness camp

Monga medical centre, Krishna nagar invites all to a Sugar (diabetes) detection and awareness camp on Sunday 25 th August at Raghunath Mandir, Krishna nagar at 8 am. 
Main speaker will be world-renowned diabetologist Dr A K Jhingan. Free blood sugar estimation will also be done.

Thursday, August 22, 2013

One family, One car rule !

We fully support the idea of 'one family one car'.  As every one knows, four-storey buildings are fast coming up in the entire city with stilt parking on the ground floor, but it is commonly seen that people still park their cars on the street, and use the stilt parking for other commercial purposes. Unless strict action is taken against such misuse, the situation is not going to improve. Ram GuptaGeneral Secretary, Priyadarshini Vihar RWA

It has become urgent and Govt. should work on it and make strict laws to enforce "one vehicle one family" all over.  Govt. is very prompt in making amendments in the Constitution in their own interest, but now the time has come in formulating amendments in the interest of the general public in enforcing discipline.  R K Nanda

The formula may not be acceptable to any one.  As an alternative, let there be a strict rule that four wheelers should not be parked on public land/place.  Another option may be that parking of car should be inside the building. Ashok K Bhatnagar

define family. Parkash Narayan


Where is the Public Transport? Why the Babus do not set the trend by travelling in Buses. General Public has no recourse. babus have their own cars as well as cars taken from PSUs and also from Govt. They need to be tamed first.   Anil Sood

Babus and Office staff of Private companies can take initiative and can save dollars for NATION .Sandeep Kapoor

those who are showing off have 2-3-4 cars they are only standing to capture parking spaces and wasting fuel too hence loss to the nation. Sunny

3to 4 cars they are only standing to capture parking spaces in one name sud be taken by govt. K C Garg

 Let the elected leaders begin this campaign? Let them move with a single care & share their car with security men. Surrender the extra cars. Surely they will dis-agree like RTI and accused leaders.  Real Native


Wednesday, August 21, 2013