FDI in retail - Boon or bane for India (Group Discussion)

FDI in retail means foreign direct investment in the Indian retail business. Now the retail
business can be either a single brand retail business (like say one particular brand for example
Gucci setting up its store in India) or multi brand retail (like Walmart, Carrefour). The hoopla
is regarding the governments decision to allow FDI of 51% under multi brand retail.

Arguments for FDI in retail

Foreign players will bring in the necessary investment to upgrade the retail sector
infrastructure across the country.

Since their focus would be profit they would set up efficient supply chain
management systems to ensure that product deliveries are on time.

The emphasis would be on reduction in wastage of food items. This would bring
down the food prices which have been a major cause of inflation in the country as
well as a source of public dissent against the government.

The farmers would get a better price for their produce for two reasons. Foreign
players would bring in the practice of contractual farming which would be beneficial
for the farmers. It would also lead to the removal of the middle men which would
provide additional revenue to the farmers (the retail chains would buy directly from
the farmers).

Contractual farming would also mean improved and efficient farming practices as
well as higher output and better prices.

It would also generate employment opportunities in the wake of improved supply

chains that would be set up to cater to these retail stores.

It is mandated in the policy that 50% of any investment over a $100 million would be
in the backend infrastructure which would benefit by creating jobs as well as
infrastructure for a developing country like India.

Arguments against the FDI in retail

Will not benefit the farmers since the large foreign players will squeeze them for
lower prices in order to earn higher margins.

The large foreign players work on wafer thin margins since they offer their goods at
low prices. In that scenario they would procure their goods at the lowest possible
price to get the maximum benefit.

Loss of livelihood for millions of small time traders who would not be able to
compete with the large foreign players in terms of prices (foreign players have deep
pockets which the small Indian traders cannot match).
 Manufacturing sector would suffer since the foreign players would source their
products from international markets in order to get low prices.

A fragmented market is better than a consolidated market in Indias case simply

because the retail sector in India is very small and a large number of small time
independent traders and retailers are dependent on it for their survival. Also the
middlemen will be replaced by large foreign players who would anyway squeeze the
producer for lower prices.

The investment by these foreign players will only be in their supply chain and not in
developing any other infrastructure (this point can be easily countered).

The policy states that State Governments can take a decision about FDI in retail. But
FDI is not a State Policy matter. Hence this is not possible. The central government
will take the final call.

Advantages of FDI in Retail in India

Growth in Economy

Job Opportunities

Benefits to Farmers

Benefits to consumers

Lack of Infrastructure

Cheaper Production facilities

Availability of new technology

Long term cash liquidity

Conducive for the countrys economic growth

FDI opens up a new avenue for Franchising

Disadvantages of FDI in Retail in India

Impact on Local Markets ( Kirana Shops)

Limited Employment Generation

Fear of Lowering Prices

Negative Impact on Indian Economy

 Negative Impact on Indian Domestic Market

Social network Boon or Ban Or Social networking privacy issues

Favor (Boon)

Social networks are new way of communication for example Facebook, Myspace,
Orkut and many more. Every one is sharing pictures, day to day activity,
thoughts about issues, personal problems etc. on social network.As well
as people are communicating with each other through social networking
sites.Few people are exploiting social networking sites by spying on others life.
Few cases has been reported where robbers and thieves were spying on
victims through social networking sites.So one should take care of what he/she
is sharing on social network.Its own responsibility that to not share anything
personal which can create problems. Public sharing of private lives has not led to
a rethinking of anything. It's just reminded people to use extreme caution when
publicly sharing their private lives. If you wouldn't do something in front of
everyone you know, don't do it on the internet. Internet is popular due to
freedom of speech.Few groups are asking that social networking sites should be
banned.If governent would ban social networking sites then internet will not be
free. People will not share there lives or communicate with others and internet
will loose its charm. Humans are social animals by nature and social
networks are just one other outlet for humans to interact. We should not look at
social networks as threats but as opportunities for us to interact with people
globally. I myself am an active user of social networks and have made
many friends and business contacts online that I would otherwise not have had
the same level of opportunity or interaction.

Against (Ban)

Social networking sites are complete waste of time.Youth is wasting their

precious time on these social networking sites so these sites should be banned. A
guy who posted a video on YouTube weightlifting, skiing, and performing karate
exhibitions. He was fired from his job for showing to much Bravado. There
was one incident where robbers using user's geo location on Facebook to find out
when target is at home or not. Unlike other human social interactions which are
transient, e.g. talking to friends over lunch etc, the Internet keeps a permanent
record of what we say to each other. If you are having an online conversation
with your friend(s) then you should be aware that conversation can be seen
by countless others and that a record of that conversation will be kept
somewhere on the Internet. Indeed, now with some social networks introducing
geo location services a record of where we go and how long we spend there will
also be maintained. Socialnetworking sites allow seemingly trivial gossip to be
distributed to a worldwide audience, sometimes making people the butt of
rumors shared by millions of users across the Internet. Public sharing of private
lives has led to a rethinking of our current conceptions of privacy. Existing law
should be extended to allow some privacy protection for things that people
say and do in what would have previously been considered the public domain.
People need to be aware of the environment within which they are
communicating to others. If you are discussing things in a public forum then all
that information is available to everyone else in that forum. Therefore
they should take a common sense approach to what they should and should not
discuss. In real world we only talk about sensitive issues when we are in private
and with people we trust. I think though that when people are online they can fall
into a false sense of security because there are physically in a secure place using
their computer either in their office or their home which results in them divulging
information they should not.

Conclusion

Social network is indeed boon for human race as it is bringing people closer and
letting them communicate with each other without any fear and barrier. But still
one need to be cautious of what level of personal information they are revealing
on social networks. Add your point Write to us about your view on this topic in
below box...

Specialization vs Generalization
In Favor of Specialization :-

Focused. One can easily search for job, because she/he knows exactly
which job she/he wants.

High productivity.

Higher income.

More demand in the present generation.

Because of specialization of production, trade is increasing continuously.

Drawbacks of Specialization :-

Risky. If the demand for that particular specialization decreases, one has to
start another career from the scratch.

Monotonous and boring.

Lacks basic skills in the related fields.

You may need to relocate as the places, which need specialists are limited.

Limited career options.

Requires more years of study comparatively.

In Favor of Generalization :-

More job options.

 Can switch careers easily.

Organization leaders excel better if they are generalists, because they

need to have a basic understanding of all the jobs in their company.

More probability of learning continuously about related things.

More scope for growth and improvement.

Less risky because demand will always be there.

Drawbacks of Generalization :-

Lower income comparatively.

Requires more work of constant updating.

No clarity while searching for job as there are too many options.

Conclusion :-

When a person observes some general symptoms that have the probability
of different diseases, she/he cant run to every specialist related to that. In
this case, people generally visit general surgeon to know which specialist
they should meet. Likewise, demand and requirement will always be there
for both generalists and specialists. However demand varies from one field
to another.

Technology has changed the Face Of

Education
Living in the 21st century, can you escape the purview of technology?
Technology has invested our lives in a million different ways. We are
dependent upon it to fulfill every single insignificant need of ours. Can
we think of our lives without technology? Can we recall a single day
where we havent used technology in some form or the other? If
technology has permeated each and every aspect of our life, why should
we leave education out of it? In this rapidly changing world, education
 too cannot escape the impact of technology. The presence of internet
itself has revolutionized the process through we access and disseminate
information. From laptops, educational apps to online courses,
technology has changed the face of education today. Looking back at this
change, heres a list of ten ways through which technology has affected
education.

1. Creating A Global Platform

No longer confined to a single platform, education aided by technology
has crossed borders and continents. Several institutions are now offering
online courses that can be accessed by students across the globe. Video
conferences and applications like Skype have created a global platform of
teachers and students who can share knowledge in an easy and
convenient manner.

2. Efficient Assessment
More and more institutions have now digitalized their assessment
process. Students now take online tests that allow them to immediately
assess their knowledge base. E-assessments are flexible and impartial. A
student can take an online test, based on his or her availability. This has
specially helped students who pursue distance or correspondence
courses. Removing the human element, e-assessments are impartial and
more reliable than traditional tests.

3. Improved Student-Teacher Interaction

More and more teachers are now using technological aids to keep in
touch with their students. Teachers remain in constant touch with their
students through e-mails and services like dropbox that allows you to
upload and share content with a large number of people.
4. Instant Access to Information
Information is now in the palm of our hand. No longer confined to
textbooks, anyone can now have access to a gamut of information within
seconds.
5. E-books
Online libraries and e-books are now in vogue. We can take the Google
Library Project as an example. Google has been working with publishers
and libraries to create a unique online library that is comprehensive,
versatile and virtual. Features like Google Books, provide snippets of a
large number of books, thus bringing together new books and publishers
to the readers. Thanks to the Internet, publishers and readers can now
discover each other with the help of a click!
6. Video Games
Simulating real life problems, video games can bring about behavioral
changes in the students by making them more goal-oriented. Gaming
models not only provide a wide range of information but also initiate
students to be problem-solvers. While solving hypothetical problems,
students are allowed to orchestrate their skills while simultaneously
garnering information. While the ill-effects of an obsessive indulgence in
video games have been addressed countless times, one cannot refute the
fact that video games, when played under proper guidance can indeed be
a great source of edutainment.

7. Use of Multimedia
Technology and media have positively impacted the field of education.
Use of animation, videos, multimedia aids has transformed traditional
learning methods by making it more engaging, fun and entertaining.
8. Educational Mobile Applications
M-learning or mobile learning is the newest avatar of modern education.
A large number of mobile applications have already become popular
means of education because of their innovative take on traditional
learning methods.
9. Addressing Students Diversity
An assortment of various educational tools, audio/visual stimulus and
animations, e-learning modules appeal to students with different
learning styles. Some students do not respond to classroom learning
which has often been termed as boring and unimaginative. Such
students are effectively lured into studying through digital aids which
provide a perfect blend of fun and learning.
10. Students with Special Needs
It has been observed that students with special needs do not respond to
traditional classroom environment. Keeping them in mind, a number of
mobile applications have come up in the market that seek to initiate such
students into the mainstream by facilitating and enabling them with
digital educational aids. Computer technology and e-learning activities
have greatly helped in bridging the gap between differently-abled
students and the regular ones by making education more accessible.

Western culture should be adopted by India good or bad?

Favor (Good)

Culture is not law, change is law of nature, and so if Indians want to adopt some good
things of western culture, than its totally acceptable. Western culture
 has various practices which are good and it can help us to make our society better.
Adopting good practices of any culture is always fruitful. Sending parents to old age
home is not a western thing. If it is immoral to send parents to old age homes then
why are those old age homes set up.

Against (Bad)

There is a big difference between modernization and westernization. People wearing

Jeans, Tshirts, Girls wearing short skirts, tops, jeans etc. and feel that they are modern
this is pure westernization copying what people are doing there... this is not
modernization. Modernization takes place in mind rather than in clothes..... Adopting
western culture is bad adopt culture but dont forget your own culture.... People rarely care
for the old ones' there, albeit we do, but nowadays people are getting busy and they are
adopting the means to keep old parents in Old Age Home, which is not our culture.

Conclusion

Adopting western culture is not a problem but one should be very carefull whatever
they are adopting is good or bad as per the current social standars Just copying western
culture wont work .We should find out the pitfalls of our culture and try to reomve them
like dowery etc One's personal freedom always matters.It's his own choice to adopt or
not.

Make in India Or Made in India

Introduction

A new topic storming people's brains is 'make in India or made in India'. As Narendra
Modi launched a campaign for 'make in India', many thinkers have become vocal
about its pros and cons. 'Make in India' is mostly about emulating china in export led,
growth oriented economy as china is facing hurdles like growing cost of labor and
post-market servicing. While 'made in India' emphasizes more on industries based
on home-grown technology.

Make in India

Attractive destination for investors- India is basically a service industry which is

trying to move its focus away from the tertiary sector of the economy to the
manufacturing sector. Keeping this goal in mind, 'make in India' campaign was
launched to attract more foreign investment by removing obstacles like the remaining
traces of the license raj, fast sanction of projects from the bureaucratic web, etc.
Employment- It will also help to solve the problem of employment needs of our
growing population.

Economic boost- On the economic front, it will boost trade and provide linkage with
the global supply chain and will reduce the current account deficit.

Infrastructure development - It can expand the investment in infrastructure

development.

Made in India

Paying for technology - But on the other hand, it has many disadvantages too.
'Make in India' will just import the technology so that India will pay for the technology
in terms of licensing cost, up-gradation cost, etc. Also, India does not have any
control on the source of a company's raw material supplies. The outsourcing
company bounds India by contract and does not share its secrets.

Competitive advantage - Another drawback will be, if some competition comes,

say from Africa or south America, where the conditions become suitable for
manufacturing, then these companies can shift their base from India causing a
significant number loss of employment.

Emergence of geographical identity brands- Made in India can be an answer to

these questions. It can encourage entrepreneurs to start up their business and be a
part of the global skill pool as India lags behind in home-grown brands like German
cars, swiss chocolates and British scotch.

Political reasons - Made in India will provide strategical benefits in terms of

defense and nuclear energy sector which are crucial from the political perspective.

Encouragement of R&D - Finally, India can benefit from technological advances by

industrial revolution.

Conclusion:

Make in India and made in India both can be beneficial for India. India can benefit
temporarily from outsourced manufacturing plants but it can not stress it beyond a
limit. It should rather focus more on encouraging research and development and
bringing industrial innovation. Make in India should be a start to achieve the long
term goal of made in India.

Make in India is a national program in which policies will be made to foster

manufacturing in India. It is designed to facilitate investment, foster
innovation, enhance skill development, protect intellectual property, and build
best manufacturing infrastructure. It covers in total 25 major sectors like
automobile, IT&BPM, oil & gas and wellness etc. These cover not only areas,
which require high skills, but low skills and service oriented areas as well. Its
an initiative taken by Prime minister of India, Narendra Modi to make India self-
reliant and give Indian economy a much-needed boost. Its main objective is to
make India a manufacturing hub for domestic and foreign companies. For this
government is looking to make five National Corridor Authority to coordinate,
integrate, monitor and supervise development and channelize institutional
funding for smart cities across these corridors.

It will create job opportunity for large unemployed youth of India as noted. It
can help in reducing Current Account Deficit largely by export promotion and
reducing our imports. It will lead to higher net export of India. It will increase
Indias GDP through multiplier effect and help in boosting trade. India is rich in
natural resources with skilled labours. Make in India can use Indias
demographic dividend and manage them efficiently. It will enhance the skills of
Indian labours, as they will be exposed to global technology and processes.
We can get better quality with lesser cost, as many foreign companies are
more efficient in manufacturing. A manufacturer can export the products as
well as can make the products for the huge domestic market i.e. manufacturer
can make for India as well as make for world as it was stated by commerce and
industry minister Nirmala Saitharaman. Infrastructure can be developed using
Public Private Partnership (PPP) model that can provide two fold benefits as
India will get world-class infrastructure and government can retain the control.
Development of niche industries can help India realise its potential. Due to all
the reforms and benefits from Make in India, brain drain will be reduced and
entrepreneurship will be nurtured. As central government is giving major
impetus on this program, various bureaucratic red tapes and other
impediments to investments are being removed which in turn attract people in
business. Various sectors are being opened up for FDI and limits are being
raised, which will attract foreign capital and would enable technology transfer
in sectors like defence and IT.

Should agricultural subsidies be stopped?

Background:-

Agricultural subsidies are the financial assistance to farmers through

government-sponsored price-support programs.
 Agricultural subsidies are started to reduce the volatility of prices for farm
products and to increase, or at least stabilize, farm income.

In Favor:-

Its becoming a burden for government.

Agricultural subsidies distort free trade, damage the local environment.

A lot of agricultural subsidies go into corn-based bio-fuels instead of fruits

and vegetables. Corn-based bio-fuels are not good for environment and
health.

Subsidizing diesel for agriculture encourages excessive tillage and

discourages to improve soil and moisture conservation.

In Against:-

60% of Indian economy is from agricultural based industries. So, we

should give more importance to agriculture.

It will be difficult for farmers to keep the total investment for crop. As a
result farmers may change their career. Itll be a biggest disadvantage for
India.

Because of agricultural subsidies, the price of food products will be in

control.

United States and Europe countries have subsidies for agriculture. So, if
India stops agricultural subsidies, then there will be a risk of importing under-
priced food from these countries.

Through agricultural subsidies, more numbers of fields will be utilized. So,

the Indian economy increases.

There are so many cases of suicide of farmers which we are seeing

regularly because of lack of support from government.

Conclusion:-
Agricultural subsidies should not be stopped, because many farmers
cant handle the burden of total investment. Itll be nice if government provide
these subsidies to the farmers, who deserve it, not to the rich.
Effect of Monsoon on Indian
economy
Monsoon rainfall plays an important role in the economic
development of India. In this article, I have described about the effect
of good and bad monsoon on Indian economy. Also, know about the
reasons for less rainfall in India. And how can Indian people overcome
the effect of less rainfall or poor monsoon.

Introduction
Monsoon plays an essential role in economy of a country. In the countries like
India, where agriculture is the greatest source of economy, monsoon season
plays a pivotal role. In India, directly or indirectly, 70% of employment is
dependent on agricultural sector. This is one the major reason for dependence on
monsoon season for the economic growth of India.

Monsoon in India
In India, the monsoon hits the southern shore in the month of June and lasts till
September. The month of July is said to be the wettest month of the monsoon. If
the monsoon is good, the economy of the India gets a boost which sequentially
helps in maintaining the GDP growth chart. But, a little delay in monsoon may
prove to be disaster for the Indian government as it becomes difficult to maintain
the GDP growth.

Monsoon in India in the year 2012

Usually southwest monsoon hits the southern states i.e Kerala in the mid of June
month. But, this year, the country is experiencing the delay in the monsoon. The
monsoon touched India in the first week of July. In Maharashtra, the monsoon
came on 5th July and reached the northern states till 8th July. The monsoon is
getting slower and scanty rainfall can be experienced this year in major part of
the country.
Reason for less rainfall in India in 2012
The month of July is coming to end, but till now, India has not seen any signs of
good rainfall. The less rainfall in the country may create drought like situation. In
India, the winter 2011 was longer and colder. Similarly, the summer was usually
less hotter than usual. The reason for all this seasonal variation is the El Nino
effect of the Pacific ocean which lasted for about four months.

Impact of good monsoon in India

1. Increased output of grains and oil seeds :
A good rainfall tends to increase the productivity of rice, sugarcane, millet,
oil seeds and cotton. This encourages the government to ease the edges
on the export of wheat and rice.

2. Better irrigation :
A good rainfall increases the ground water level and replenishes the
reservoirs. This helps in good irrigation system and better hydroelectricity
power output.

3. Reduction in inflation :
The good monsoon in the country also increases the production of
vegetables and fruits. This reduces the price and thus calms down the
inflation.

Impact of less rainfall in India

1. Price of agricultural products rises :

Since there is deficit in the rainfall this year, the production of crops,
vegetables and fruits is highly affected. Due to shortage of rainfall, sowing
of groundnut, paddy fields, soya beans, and kharif crops in the different
states have been affected. Productivity of rice, oil seeds, sugarcane is also
being affected. The agricultural sector is undergoing a bad experience.
Since, the farmers are dependent on the monsoon; they are not able to do
anything except to wait for the monsoon. The shortage of supply and huge
demand of the agricultural products has increased the price.
 2. Shortage of power supply :
Rise in temperature has resulted in shortage of power supply in many
states of India. The power cut is also one of the main reasons for shortage
of products. And this finally results in the hike in the price of agricultural
products.

3. Shortage of water supply : In states like Maharashtra, where the water

supply of whole year is dependent on the monsoon rainfall, people
experience the shortage of water supply. In Mumbai, the rainwater is
collected in the huge tanks which is processed and supplied across the city
around the year.

4. Inflation :
Less rainfall will result in less production. This will create drought like
situation. Though India is self-sufficient for production of agricultural needs,
but, if such situation occurs, then, India will be pushed into global market.
This will result in inflation.

How to cope up with bad monsoon

rainfall

1. Install rainwater harvesting units in your building

2. Save water and do not misuse the water.

3. Dig the ponds and well to store rain water.

4. Plant as many as trees in you nearby locality. Encourage others to plant the
trees.

Conclusion
Indian economy is highly dependent on the agricultural sector. The needs of the
agricultural sector are mostly met from the rural area whose purchasing power is
greatly affected by the poor monsoon. If the condition remains same, then
agricultural sector is going to experience very bad situation which will directly
affect the Indian economy. Therefore, Indian government must initiate some
actions to improvise the infrastructure of agricultural sector in order to make the
Indian economy independent of monsoon rains.
Brain-Drain has to be stopped
Background :-

Brain-Drain means settling in foreign country. It can be simply defined as

the mass emigration of technically skilled people from one country to another
country.

Brain-Drain is occurring because of lack of opportunities or lack of facilities

for practical education in higher education in their own country or because of
political instability or for other reasons.

In Favor:-

Because of Brain-Drain India is still remaining as developing country.

Indians must utilize their knowledge and skills for India to make our India as
developed country.

If all Indians utilize their skills for India, India will be the top most developed
country in the total world. Because India has much skilled manpower.

Not only in case of India but also in every country, if everybody serves their
country, every country will become developed and standard of living of every
person increases.

Developed countries attracting the citizens of developing countries by high

salaries and using their skills for themselves.

In Against:-

It completely depends on individual. Everybody have a right of freedom.

Most of the NRIs are returning India and using their money, which they
earned in foreign country to develop their native place or for charities.

Some people are going foreign for better studies and they are returning
India and serving our country. Itll be really an asset for India.

Conclusion:-
We should not compel anyone to be in their native place against
their will. Its better if we make them realize that everyone must have will to serve
their country and desire to see their country as developed. And the main solution
for stopping the brain drain is providing opportunities for everyone in ones own
country to prove themselves.
 Skilled Manpower shortage in India

It is a fact that every country requires skilled manpower in order to succeed or

develop. Without the skilled man power, a country can do absolutely nothing. A
country requires its human resources to become developed and if it is developed,
it requires skilled man power in order to prosper and move atop in the global
scenario. According to the population statistics, India comes on the second
number. Thus, India has a lot of man power and yet the country comes in the list
of the developing nations. There are so many sectors where India still lacks
behind and comes below many nations.

There are a lot of people who say that India is suffering from the shortage of
skilled manpower. These people say that there are not enough skilled people to
take India to a whole another level of economic and global success. Is it true? If
yes, then, it is a matter for concern for the Indian government and the nation as a
whole. If after being the second most populous country in the world, India does
not have enough skilled man power, it is a matter of serious concern.

The fact is that India is suffering from the shortage of skilled manpower.
According to a lot of surveys and researches done in the last one year, the
statistics have proved there are so many different sectors in India like the
Information technology, construction, mining etc. Not only this, the country is
facing skilled manpower shortage in the field of media and film industry. It is
reported that the field will require about three lakh professionals in the next ten
years. Given the present scenario, this number would not be available in any
case. The reports have shown that there are a significant number of departments
where there is an absolute necessity of skilled manpower. The question that arises
at this point is why there is a shortage of skilled manpower in India. There are so
many reasons that could be attributed to it. Here are a few:

1.The education system in India is not the kind that aims to produce skilled
labors. The education system of Indian lacks a targeted approach to study. The
good part about the education system of most other countries is that in these
nations the education system is extremely targeted. The problem with India is
that there is absolutely no lack of human power. However, the problem arises
when it comes to meeting the demand for skilled labor. In the Indian education
system, the education is not given with some skill or career prospective in mind
and that is where the problem begins to occur. Most of the companies that hire
employees spend time and money in training them first, which itself, is a major
hindrance in the field of employment.

2.Yet another problem with the Indian education system is that of brain drain. A
major chunk of the students who pass out from the universities and other
institutes, go to foreign countries. The salary that these students get in foreign
countries is almost thrice or four times more the salary that the students get in
India. Thus, in order to earn more money, a major portion of the talented lot of
the country migrates to other countries for selfish interests. The problem of brain
drain and migration has played a very integral part in the shortage of skilled man
power.

3.Lastly, there is one more reason for the lack of skilled manpower in India. To
start with, education has become extremely expensive these days and thus, a lot
many people, a major portion of the Indian rural population and the population
which lives below the poverty line, are unable to get educated. Whatever
education that they get is hardly vocational in any sense. Thus, even when these
people, they do get educated, they are hardly skilled in any sense. According to a
survey conducted by the Nasscom, of all the graduates that pass through
universities each year, only 26% are suitable to seek employment.

The lack of skilled labor can create innumerous problems for a nation. If there is
no adequate labor class in a country, the countrys GDP and economic progress
will incur heavy losses. The statistics have proved that the shortage of skilled
manpower in India is not a myth but a reality. There are still so many things that
the Indian Government can do to improve the situation before it gets worst. Here
are some of the suggestions that might help the curb the shortage:

1.About 70% of the Indian population still lives in the villages. The people in the
rural areas do not get proper education. One can find the most number of cases of
drop outs in these areas only. The government should make a special effort to
provide education to people living in rural areas. More and more education plans
needs to be implemented. Apart from this, vocational training should be made a
part of the mainstream education system and should be used as much as
possible.

2.The government of India should also make efforts to stop the loss of the entire
talented crowd to foreign countries. The government should strive to create
employment within the country so that students do not have to go far and wide.
Apart from this, government should encourage investments within the country.
This will lead to the construction of more and more white collared and highly
paid jobs and thus, the Indians would not have to seek jobs outside India for a
good salary.

The fact is that of the total population, two third Indians are below the age of
thirty five and are capable of becoming good manpower or human resource. Thus,
though India may be suffering from a shortage of skilled labor right now but it is a
problem that can easily be dealt with. All the government needs to do is take a few
smart steps to promote vocalization of education and increased investment within
the country.

FOR THE MOTION

The current educational scenario in our nation is not something to boast about. The faulty
education system and anachronous curriculum framework has exposed the ugly truth of the
quality of education. The deteriorating and insipid pedagogy followed in our educational
institution has rendered the education process dull & boring.
 Further there is lack of provision of practical knowledge in our educational system which
makes the scene further worst. The lack of industry college based interface in the curriculum
assures that the Under Graduates have 50% (theoretical) professional degree experience.
Exposure, which is vital to in build the practical and technical know-how, is missing.
Indian people are always driven by the dollar driven work. Thats the only reason why many
of the students graduating or post graduating from IITs and IIMs tend to take a flight to abroad,
leading to BRAINDRAIN in our country.
Some social backwardness and traditions are also hamperingIndias progress. For e.g. lack
of women empowerment and women discrimination is one of the reasons why a major
proportion of skilled manpower is left futile.
Many of the graduates are under-paid due to their inadequacy and lack of skilled maneuver.
(State facts & fig). The dearth of skilled man-power can be corroborated by the fact that there
are only a few Indian dignitaries at high level posts of all the multi-national companies set up
across India.

AGAINST THE MOTION

Indiais one of the largest populated countries in the world. SoIndiahas an abundant amount
of manpower, which is one of the reasons most of the multi-national companies are establishing
their base production headquarters in countries likeIndia&China.
Besides, India is one of the top 6 countries who have the scientists and scholars who have
proved their mettle across the globe when it comes to aeronautics, nuclear power, strength and
bravery (of Indian army) or weapons of war like Agni, Prithvi. Moreover, the recent Indian
Spacecraft Chandrayans successful launch and establishment has added feathers to the
Indian glory.
As far as skilled manpower is concerned, Indiais a developing country and so it is trying to
incorporate all the technological skills and putting up efforts to match up the skill &
requirements and has headed a good distance in this direction already. A lot of R&D projects
undertaken by TATA, BIRLA, and RELIANCE are some of the examples.
Green revolution and white revolution in Indiawere some of the prominent examples which
illustrated the superior technical know- how and high level of skills of the Indian people. It was
so successful that the country like Canadatook the assistance of Indian farmers and called for
Indian technical experts for help.

Will Swachh Bharat Campaign Succeed

PM Narendra Modi urged local masses to fulfill Mahatma Gandhi`s dream of Clean
India. He launched the Swachh Bharat Campaign at Rajpath in New Delhi. He called it as
a paid homage to Mahatma Gandhi and former PM Lal Bahadur Shastri, on their birth
anniversary. He urged people that it is the social responsibility of Indian citizens to
accomplish Gandhiji`s vision of Clean India by year 2019. He even said that the vision
can only come true only when 125 crore people of India work for it. Let us share our
views on the matter. Will Swachh Bharat Campaign Succeed?

Yes

It is not wise to start thinking of the results first as it is said that perform actions
without considering the results.

PM Narendra Modi came on the streets to start the mission, and this step cannot be
ignored by his many followers.

PM initiated the chain by inviting nine public figures for campaign including Sachin
Tendulkar, Shashi Tharoor, Mridula Sinha, Baba Ramdev, Anil Ambani, Salman Khan,
Priyanka Chopra, Kamal Hasan, and the entire team of Tarak Mehta ka Oolta Chashma.

Gujarat, which was a destroyed state, after a series was natural disaster, was rebuilt by
Narendra Modi, and he was successful in making it a clean and prosperous state.

No

Every task needs follow up and just one day working to fulfill the vision will not convert
Swachh Bharat Campaign into reality.

The celebrities will also come for one day to promote the cause and will get busy with their schedules in
future. It is the same case with every person in India.

The youngsters can only create hype on social media by sharing blogs, praising efforts of PM, and
posting his pictures. No one will take a broom and actually become a part of the movement.

In a economy where inflation is rising, growth is slowing, jobs are declining, who has got the time to
devote to such campaigns.

More than the cleaning drive, it is the peoples attitude that needs a change. If we keep making our
surroundings dirty, we can never make India clean.

Conclusion

PM Narendra Modi is known for his actions. Whenever he starts a mission, gives everything to complete it.
The development of Gujarat is the finest example of his work. However, this time it is a big challenge where
he needs to change mentality of crores of people living in India. He has started well, and message is
spreading well. It needs to be continued by PM Modi by launching some or other form of measures to
encourage the people for making the vision of Swachh India a reality by 2019.

Gold as Investment Good or Bad?

My grandfather use to say that in our time gold use to be 10 Rs/- per ten gram, and today
price has increased like anything. If we could have purchased gold at that time today we
could have earned lot of money. Learning from this talk is gold is really good investment.
Many of us use to invest in gold, thinking gold is not only visually appealing, but also
valuable.

Gold as investment can be viewed from Individual investor level or Economy level.

Gold Investment from Individuals Viewpoint:-

Many Gold investors & trader have earned lot of money by investing in gold. Hence gold is
good investment class for majority of investors from individual viewpoint. But on other
hand we have other type of investor who doesnt believe in gold.

They says that gold is appreciating asset no doubt about it, but truly speaking Gold is
nonproductive in nature. If we talk about investment guru warran buffet he heats gold
like anything. Gold has very limited industrial usage and for individual gold is just used for
wearing if it is in form of jewelry but if it is in form of coin or e-gold it is nothing but
dumb investment if it appreciate you will gain something else nothing.

Individual believing that gold is good for investment are more compare to others believing
gold is bad for investment.

Gold Investment from Economy Viewpoint:-

Recently you must have gone through news finance minister of India requesting Indians
about Dont Buy Gold for Economys Sake. This is because if we purchase gold it directly
impacts current account deficit and in turn our economy. Lets understand this in detail.

Today dollar price is close to 60 Rs/- Gold price has direct relation with dollar. India
imports gold from international market. To purchase gold we need to pay dollars for which
our FOREX get affected. Gold purchases are one of the biggest contributors to Indias
current account deficit.

Our major portion of Forex reserve is used for importing GOLD from outside. To invest in
gold for personal benefit our other requirement of economy like metal, consumable other
imporated items are going for toss. Study shows that India use majority of Foreign
exchange reserves for purchasing gold. That is the reason government keep on saying us
not to purchase gold if it is not required. But as a human nature we keep on purchasing
gold.

Gold price is going up because people are buying it, and people are buying it because
its going up. The day when people stop purchasing it gold will crash.

Remember gold has no production capacity & no usage it is just used for wearing in terms
of jewelry or used for keeping in locker till it value appreciates.

So if you are believing that gold is good investment one day it will appreciate and I will
sell it sounds good for individual but not good for economy.

Gold monetization scheme pros and cons

Introduction:

Ever since the budget was passed, it was anticipated that gold monetization scheme would
be a new milestone in the development policies of the then newly elected government. There
were assumptions in favor and against the credibility of the scheme which is mainly about
depositing gold in banks and earning good interest on it instead of keeping it in lockers for an
eternity of passed on gifts through generations. We Indians are known for our traditions and
indulging in lavish jewelries. Marriages for us is more of a display of how much gold one
owns. Amid all these age old indulgence in gold flaunting, will a scheme like this find its
place? Will we Indians find it in our hearts to use gold as an asset instead of decking
ourselves with it as a symbol of grandeur? Lets consider the pros and cons of this scheme
to understand if it could lure people more than exhibiting.

Pros:

1. Gold remains dead asset in Indian families. Even when the family is in need of money,
they despise selling off gold jewelries owing to traditional beliefs and hopes of prices hiking
so high one fine day that it would pay them much more than present day. Now that gold
could be deposited and the depositor could earn lucrative interest on it, more and more
people would want to take benefit of this plan and it would certainly work off well.

2. Every year India imports around 1000 tons of gold even though studies have it that more
than 22,000 tons of gold is in stock of Indian citizens. These gold are neither monetized and
nor are they used to fulfil the requirements of families at times of crisis. Selling off gold
jewelries is considered the last option and then when the family is in urgent need, they sell
the gold at lower prices, not to forget the deductions. This problem would be solved if more
and more people join the scheme.

3. Our domestic gold market would benefit largely from this scheme. There would be no
shortage of gold metals and jewelers would not have to consider importing gold. This could
go ahead to fall in demand and could help in lowering the price of gold in domestic market.
Foreign exchange reserves and lowering value of Rupee could be kept in check.

4. On maturity, people can get their gold back or equivalent amount of the same at prevailing
rate of gold at that time. This would only make gold a better security for those who are
sensible enough to see beyond pieces of jewelry in the yellow metal. You get likely exempt
from Wealth Tax, capital gains tax, and income tax on the interest received on the deposited
gold.

5. Purity of gold is questioned when we buy from local jewelers and after a few years if we
go to the same jeweler to sell the same piece of jewelry that we purchased from them, at
least 10% is deducted from the current rate.

6. Designs of jewelries change. Not everyone keeps wearing the age old jewelries passed on
to them from generations. If trends are to be taken into account, everyone who owns gold
jewelries go for an exchange which comes with a huge loss, despite the hike in price.

Cons:

1. Gold coins and bars would not be as appeasing to average Indian families as jewelries
made of gold are. For those who want to invest in gold monetization, buying gold coins
seems to be the only money-spinning option. Where would all these gold coins come from if
people are not willing to give away their gold jewelries in exchange for virtual gold? Yes,
there are provisions for gold jewelries but for the scheme to be successful, gold coins seem
to be the only lucrative course.

2. Getting all the idle lying gold to be converted into gold coins to be deposited would incur
making charges of the jewelry that usually is a good share of the total price. The reason why
so many people indulge in buying gold jewelries during Diwali (apart from the traditions) is
the lower making charges offered by jewelers. People of every other community and religion
prefer buying gold during this festival which makes it clear that we would not be willing to do
away with the heavy making charges that gold involved during the buying and now
converting procedure.

3. Average Indian households are said to have more inherited and purchased gold than bank
savings. Gold is an asset too for these people owing to the fact that there is no taxation on
how much gold a person has stocked in his lockers. Nothing as of now has been said about
taxation on this gold monetized or deposited in banks. There definitely will be taxable limits
which would not interest many and for the scheme to be successful, gold has to be lured out
from being dead assets. This is not going to be an easy task.

4. Involvement of income tax offices that would want to know the source if a person pledges
too much of gold in banks is not a pleasant thought for many and they may not want to risk
getting revealed. While this scheme could appeal to businesses, temples, trusts, banks,
organizations, households might not be cooperative in this and since this scheme is intended
to bring out dead assets lying idle in households, the mission might not be accomplished.

5. Jewelries would have to be melted to check purity of gold at certifies testing centres or
Hallmark centres. If one is not satisfied with the result, they can take home the melted gold.
People would usually have no idea about the purity of gold that has been passed on to them
from their ancestors and melting the same to be disappointed later is something that will get
many worried.

Conclusion:

Gold monetization scheme is the need of the hour for India. Given that we have surpassed
China in gold import per year, it would only be wise for people to take advantage of this
scheme and monetize their idle lying gold. For those who are buying gold as asset that
would hike prices, this scheme is definitely a winner. For those who buy gold in advance for
marriages of their daughters, this scheme is just what they could ask for. It is about time we
come out of our age old thinking and make use of the schemes that the government is
implementing for a good reason.

English should continue to be the official

language of India

English is used as the official language in India. Recently, when PM Modi used Hindi for its
diplomatic talks, it surged agitation in non-Hindi states especially Tamil Nadu. Also, the
recent NDA governments proposal of giving importance to Hindi language on social media
accounts faced stiff opposition by the Tamil Nadu CM and other regional parties. It is
considered as violating the Official Languages Act, 1963 In the country where most of the
people understand Hindi, is it Ok to continue with English as the official language of the
country?

Yes

English is one such language that is understood by people from different castes and states,
and therefore deserves to be the official language of India.

If any other language is tried to make the official language, all the regional parties will start
the battle of making the state level as official language of India.

If Hindi is given priority then it will create differences among the people who dont speak it
making them feel as second class citizens.

Region C forms an important part of India that got agitated when PM Modi used Hindi for
its diplomatic talks.

The use of English language is as per the requirement of being a part of globalization and
there is nothing wrong in it.

No

Forget about all the different castes and religions as Indians have their own national
language that is Hindi, and that should only be the official language of India.

It is the duty of the government to take the measures so that people all over in India can
read, write and speak in Hindi.

Already Indian has adopted the western culture in many ways. If it continues there will be
no personal or rather say national identity of India.

In this case, India should learn something from Pakistan who made the Urdu as their official
language after the division of country.

The small little steps are the ways that will make sure that the people from different religion
have at least something in common as Indians.
 English might be used as the official language of India but is the unofficial lingua franca in
South Asia. When it is not official for the region, why make it official for the country.

Conclusion

English should not be the official language of India. It is an internal matter of country, and the
central government should seriously consider changing the present scenario. Hindi
represents India, and when the people in India dont understand Hindi, it is a matter of
shame for country. Why the regional parties wants to make the regional language as official
language when Hindi represents India. The different regions are part of India. So, they
should have proficiency in Hindi. However, till the time, these regions dont understand Hindi;
government has no option but to have English as the official language of India.

Does India needs More Entrepreneurs than

Managers

India needs more entrepreneurs than managers-Let us first start by defining who an
entrepreneur is. An entrepreneur is a person who takes risks, puts in effort & perseveres to
achieve the end result. At the end he may be rewarded for his effort. He sets examples and
shows other people that a certain thing can be achieved by being an example himself. A
manager by virtue of his profession is normally assigned a particular task & assigned some
resources. He has to complete the assignment with the constraints imposed on him.
An entrepreneur should be a good manager to manage his team & his resources. Managerial
skills are essential for an entrepreneur to succeed.
A manager can be built with the degree only when an Entrepreneur can be making by
experience and he can make as many managers under it which may again can become an
entrepreneur.
Entrepreneur and a manager are like the driver and wheels of an organization. Any
sophisticated and branded car no matter how beautifully it is designed, cannot ascend unless
it is driven by someone (an entrepreneur). On the other hand, when the same car doesnt
have wheels (the manager) , it cannot move ahead in-spite of being provided with an efficient
driver. The driver decides the direction and reach the destination with the help of the wheels.
Similarly the entrepreneur sets the goals and the manager takes all the risk to reach the
desired goals. It demands the knowledge (Innovation) of the entrepreneur and skill (Ability)
of the manager.
I agree that both entrepreneurs and managers are equally important for a firm to flourish.
But the discussion here is not about deciding who is superior to the other, it is about whether
do we(Indians) need more entrepreneurs than managers in current scenario? I would say
YES.
The two main issues of concern for the transition of Indian from developing to developed are
poverty and unemployment. The only way to alleviate them is by creating opportunities. So
the need of the hour is to have more people who create opportunities i.e entrepreneurs
rather than managers as they are mere job seekers.
The other issue of concern is brain drain. Even though India has been one of the best
producers of intellectual minds in the world it has not been utilising them for its growth.
Again main reason for this is lack of opportunities which meet the standards of intellectuals.
As Leonardo DiCaprio would say:An idea is the most resilient, highly contagious parasite.
Once an idea has taken hold of the brain its almost impossible to eradicate. But who will
bring those ideas into actions? Those who dare to bring their ideas into practice and create
something new, something innovative are the real leaders in todays highly competitive world.
If you run out of ideas you are gonna lose the race sometime in near future. Managers do a
fine job by ensuring that the ideas implemented are properly functioning. But what will they
do if there is no idea? Mark Zuckerberg to Bill Gates all of them have one thing common :
they thought out of the box, they possessed the highly entrepreneurial spirit. And today we
have apple, Facebook and Microsoft. Why do we fail to create such world class companies?
because of the lack of entrepreneurs.
An entrepreneur is a manager in itself, even he is more than a manager serving more people,
takes more risk and responsibility compared to a manager. So in my opinion society needs an
entrepreneur first than a manager. More over an entrepreneur initiates a new business,
concept and serves the society various ways where as a manager undertakes limited risk and
works for the organisation and serves the purpose for which he/she is employed for. We must
foster and develop the environment where entrepreneurs are appreciated, assisted and
recognized if we want to see any Microsoft like company coming from India.

Smaller businesses and start-ups have more

scope for professional growth

In todays time when the population is increasing, there is dearth of job opportunities.
Students after getting good education are starting their own career by getting into small start
up business. This is a new way of proving themselves.

For

- Smaller businesses and start ups give more scope for professional growth.
- The amount for investment in start up businesses less.
- It provides job opportunities to various unemployed people.
- More experience is gained as we get to know each and everything by doing every task.
- One can gain knowledge and professional growth with the progress of any type of small
business.
 Against

- Irrespective of the size of start up business money is required to set a business. If a person
is not financially sound then there is less chances of his/her professional growth.
- Start up business does not speed up immediately. A person needs to work very hard in
order to prove himself.
- Some experience is very important prior starting any business.
- A job in a top company is much better option than struggling with a new business.
- There are lots of professional growth opportunities in various good companies.

There are lots of job opportunities in the private sector. Professionals who seek to have a
growth in their career can either work in companies or can start their own business. In the
start up business a person is his own boss and take cares of all the activities. He grows
professionally also as he advances with the business.

Women are better at Multi-Tasking

In my view working women are more efficient than house wives. As they can handle both the house
and their office. If we think that women shouldn't work then there is no place to show their
talents. Consider the CEO's of ICICI, SBI and many more. So we should give an opportunity to
women so that they can prove themselves in all the fields.
Given X number of tasks and a timeline to complete it, both men and women probably will
complete it within the time-frame, but it is the manner in which either of them proceed to take it
to a closure that is very different about them and brings out the picture that women are better at
multi tasking.

Say there are vegetables to be cut and a favorite TV program is on. In most instances men would
proceed to quickly complete the task of cutting the vegetables and then settle down to watch TV
whereas in the case of a woman, she would rather proceed to cut the vegetables while watching
TV.

Men in general find it comfortable in focusing on one thing at a time, whereas even if a woman
might also prefer it, she does not have as much difficulty in proceeding in doing this
simultaneously.

Women surely do multitask knowingly and unknowingly and men surely avoid multitasking
knowingly and unknowingly.
Hello friends let me tell you why this sentence came first, " women's are best in doing multiple
tasks than men". Physically and medically women's are better in multiple fields like finding colours.
Their eyes have more rods and cones than men. Which help in finding colours female intuition is
far more better than men. Lastly motherhood nothing can beet it.

So now friends here comes the context of tasks like physical activity. Everyone knows why men
only in some of defence sector. Women's doesn't suits they are fragile and valuable. So finally it
depends on what are tasks! But women's are better.
I do not feel that women are inherently any better at multitasking than men are. I believe that each
individual has a different skill set. There are both men and women who are great at multitasking.
Likewise, there are both men and women who work better when given a single job.
 However, society has evolved in a manner so as to demand that women fulfill a number of roles
society demands that woman handle both domestic and professional spheres without getting
ruffled and so women try, and succeed at multitasking.
Yes I do agree. Women can handle multitasking efficiently. They are good administrators than men
both at home and in office. They can indulge in any aspect according to the situation.
Women can handle multiple things. Since a women is taking different forms such as a mother,
teacher, doctor. Also in between the work she cares for her family and relatives. Different festivals
require different kind of rituals to perform, also making many sweets. So naturally the jobs at her
hand make her adaptable and flexible.
In my point of view. Women is a multi tasking person. Women is superior than any one else in the
world. From morning to evening she works like as a machine. She can handle my aspects with love
and affection. We must give respect to her. Because she can only give birth to child. As we know
that behind every successful man there is a woman.

She has the capability of handling herself along with the family. There are so many women in this
society who works in organisations as well as house wives I bow head to them. Women's are
challengers they are ready to take any type problem and the solution in easy manner. Women's
are god gift. So give respect to that gift which is given by god.
Women are good at multitasking, for example they are good at looking after their children besides
husband and other family members if in a joint family. Women can balance their office work and
their work at home unlike men.

We can take example Mary Kom who excelled in sports even though she is mother of 2 children,
she nurtured them along with practice and spent time for her husband.

Chanda kochar ceo of ICICI was good at office and looking their family members. Like many
examples are given.
Yes so now we always talk about bringing a change in our society but still what we are lacking is
the respect for women. As I being a youngster, feel that they are good at Multitasking. But as a
housewife her contribution gets unrewarded and unrecognized so, the need of hour is that ablaze
and awake our India by adopting broad thinking.
Hello friends, in my opinion I am also a youngster and I feel that nowadays a sea change has been
seen in women empowerment. I think that education is the only key to women empowerment and
that they have gained properly, if we talk about Multi- tasking then millions of women are there
who are earning their own bread and butter and serving their families also. So, yes they are good
at multi - tasking.
Even as a man I have agree to the topic because in my personal opinion women are truly better
multi tasker than men. A women can be good at both the office and the household work, she can
handle all the pressure, from his child to the work load at office. There are many men who are
good at this too, but they are lesser when compared to women. There are very less chances of
women backing out from their job as a mother, she has to perform her duty and while doing so if
she gets his man's help she feels very proud.

Lets just say about our Indian Culture, have you ever seen a women sitting in a club parting from
her duties and saying that's enough.

There are more accidents happening due to stress on men than on women.
Hi all! Good Afternoon. I agree with Manu's opinion. Yes, women are better at multitasking. As
women having god given ability to do multitasking. Now a days from every home women are stand
up parallel with men in earning as well as they can handle their household work very efficiently
and with patience. Recently some companies are preferring female candidates as they are honest
to their work n time. Best example has been already discussed by my few friends above is ICICI
CEO, Chanda Kochhar. Women has to go in different roles in their lives as a daughter, sister, wife,
daughter in law. All these roles they can manage with their works with proper manner. And very
best ability of women is they can adjust their selves in any situation with more stable mind. Best
example is Kunti mata in Mahabharata.
Hi friend I totally agree that women are more multitasking than men as they manage their home as
well as their office nicely they sacrifice their own comforts in order to give happiness to her family.
They play a role of a sister, a mother, a wife and a daughter in their life. I and you could very well
understand my thoughts as you may have been a daughter/son, a wife/husband, a mother/father
or a sister/brother.
 In my opinion, Women is the part of life. Women handles our family. In today's era we can say that
women also spread in all part of world like in politics, economics, government job and private
sector also. Women also take care of household things, they manage home children etc.
Women are better at multitasking. They have to support their family, job in any case. They are the
important person in one's family. Studies says that upbringing of a child depends more on mother.
Even when she fell ill they work so that everybody in family get lunch and dinner and often eats
alone. She manages her emotions very well. Now women has risen a lot as we can clearly see
examples of Indira Gandhi, Kalpna Chawla, chanda kochar, and many more. Life would be difficult
without women and we must learn things from them.
Women are really multitasking. She is able to do all the household works, able to look after her
child, can maintain both social and family relations. Moreover women has got more patience.
Women is really the gift of god. She is the mother, sister, friend. We have to give respect to a
women. Because she can only give birth to child.
We all know that women is better than a man in many ways. Women is the best best example
herself for multitasking. Women can do many works together, at the same time she handles her
children she use to do other house hold works. She's perfectly made up for multitasking. In
comparison of a man, a women can do different works at the same time but a man doesn't, from
the childhood a woman teaches from her parents that you have to do this work, you have to do
that work. So, from all these we can say a women are better for multitasking.
Yes, women is better in multitasking because they are trained to handle many tasks simultaneously.
Right from their childhood, they are told to play different and multidimensional roles. If they find
this difficult, they are continuously criticized or blamed. In this process they continuously improve
themselves. They need to balance their professional and personal life. The expectation of their
families increases as they grow in age. This keeps women on their toes all the time.
I think women are better than men because they have a lot of patience to do multiple work starting
from home to office. They are good at managing home affairs, relationships, office work and taking
out time for family. Now since all the doors have been opened for women to go out and work day
by day their importance is also being realized. So, we can that women are getting educated and
their career scope is also increasing and every time they are exhibiting better performance which
is the reason for their success and therefore they are succeeding in multitasking activities.
I think women are better in multi tasking. From olden days they manage all of their household work
single-handedly. And now as country is developing women are also developing by getting educated
and getting jobs. Now they handle both home and jobs. How can we forget women like Indira
Gandhi, Sonia Gandhi, Kalpana Chawla. Celebrities like Tina Ambani, Juhi Chawla, CEO of ICICI
Chanda Kochar to name few. Consider a middle class family were both the parents work to raise
their family and children. But the mother works in office and also at home. She handles both of
them efficiently. From raising a child, managing finance at home, maintaining family and both
social relations etc. She does it effortlessly.
I suggest the word BEST is more appropriate than BETTER for women at multitasking. One of my
friend above said, `if we recall history women have not made any achievements'here the point is
women can handle no. Of task at at a time in a better way or not, in my view she can but not not
perfectly, in some cases I can accept but not with everyone, but the most important point to
consider is that women have been struggling for many years to gain her rights and she has been
successful in achieving her goal, which proves that she posses all the qualities of a perfectionist
but to her fate man and society always suppressed her, bounded her, never allowed her to come
out of her shell, inspite of the capabilities she posses, her continuous effort, diligent nature,
dedication, devotion, sincerity and perfection towards any work and relation, which are the
essential components of any great accomplishments.
Why can't we take an example here to say whether women are better for multitasking or not ? we
know about ICICI CEO, Chanda Kochhar. She was appreciated by all her family members not
because of her work but, for managing her family in an effective way. Eventhough, she had her
family members in and around to look after her child (ren) , she feels that none could replace her
position and concentrated on her family after her working hours. I can say that, she can be able to
manage her work, her family members and outside projects that she had. So, women can better
handle multitasking's.
The topic of discussion is simply women are better at multi tasking, it doesn't really asking it to
compare with men. I think every individual has something to contribute to the society whether its
a man or woman. But, as we all know, India had been a patriarchal society where women were
seldomly allowed to be on the forefront. She was held within the four walls of the house. From that
time, women has risen a lot as we can clearly see examples of Indira Gandhi, Indira Noyi, Kalpna
Chawla, Sonia Gandhi, Aishwariya Rai and many more. So women do deserve some words of merit
and whether or not she is better than men. But she has truly struggled to achieve a position where
 it is now. She has strife to be a good daughter, a good wife, and good daughter-in-law and has
prove her mettle.
In my opinion women had got such a situations in history that they acquired the characteristics of
multi-tasking person. Initially they manage their home only which requires many different type of
works to do. After some years as men were doing the hard work in office and women became
literate, men gave them some work outside the home. Further more due to economical problems
women stood up for jobs also.

Thus women are mentally prepared for different tasks in life. Similarly our culture and festivals are
also held by women.

1] Managing home successfully.

2] Managing office and jobs.

3] The social activities I. E. Festivals and our culture.

4] Maintaining different relationships successfully better than men.

Ultimately this all things proves that women are better at multi-tasking.

My friend Dinesh is saying that the percentage of done work is very less than she can't work. But I
want to notice him that now in this word there is no such a field where women are not working.

Since the oldendays ,women handle household responsibilities and at the same time give scope for
the family to maintain financially good. The latest trend modified their mindsets and also gave rise
to women empowerment in various fields.They are leading today and taking charge of the entire
world.so we can definitely say that they are better at multitasking

Business and Ethics do not go together

They say that Ethics is knowing the difference between what you have a right to do and
what is right to do. It is true that morals and values differs for an individual, concerns come
in our professional lives. When people at work pressurize you to things, often we ignore our
ethics.

For:

- In todays situation with immense pressure and competition, business and ethics cant go
together.

- A couple of times because we follow ethics, it hinders us from succeeding because it

squanders time.

- Ethics are usually bound and nurtured by religion, family values etc. Such forms cannot
work well in business where you are expected to be professional and practical.

- A businessman should know how to handle pressure, stress and competition and not how
to be ethical.

- We all want to make quick money. In todays market, being ethical takes a toll on you.

- Ethics unlike a balance sheet dont have visibility. People today judge you based on money
and not ethics.

Against:

- Ethics makes you stronger and independent. People cant deceive you easily.

- Not following ethics makes you a selfish person.

- There is nothing wrong in making profit. But, making profit by unethical means could cost a
lot of people harm, mentally.

- Customers perspective is to link with a company with ethics and values. They know that
will never be forged.

- Being ethical in business creates a sense of responsibility towards society.

Morals and values are extremely individualistic. Its incorrect to say that you cant succeed if
you are ethical in business. You will probably take some more time to succeed. You cant
force someone to follow ethics.

RULES & REGULATION BREED

CORRUPTION
Rules and regulations are framed, so as to enable, the work to be done in an
orderly fashion and everything is in accordance with law and to see that no illegal
activity is there. Rules and regulations should be short and crisp, straight fulfilling
the purpose that they are meant for. But, when they are complicated, and become
too much. The very purpose, for which they were meant, is destroyed.

Rules and regulations, by themselves do not breed corruption. The people who
are supposed to carry out the duties, and are responsible to see that everything is
in order are the ones who are responsible for it. Too much of anything is good for
nothing that applies here aptly. Too much and fussy, interrelated rules and
regulations, make it difficult, for the task to be accomplished, early. So, there is a
delay, so to overcome that delay and to finish the work early, they demand bribe
and this breeds corruption.

So, there should be minimum rules and regulations that need to be followed by
each and every department, but they should be made simple. So that it is easy to
finish the work at a greater speed. It is true that rules and regulations by
themselves do not breed corruption. The people are the ones responsible for it.
For over years except for a few places or departments, in India, especially in
public sector, most of the rules and regulations, have remained same.

But, at that time, till a few years ago. There was no corruption as it is now. No
rules and regulations have changed. Except for one thing, the people who are
carrying out duties, and their thinking. So, the problem does not lie in the rules
and regulations, yes to some extent it is responsible, because of too many
complicated rules. But, even in that case also, until and unless peoples thinking
becomes corrupt, there is no chance of corruption. So, the solution is not to
change the rules and regulations, but the thinking of the people.

Cleanliness Of Our Nation is Our

Responsibility, But Are We
Responsible
As I sat in the auto, jam packed with all kinds of people from all sides,
in the half an hour journey I observed that at least 6 of the 10 people
in the auto had spit outside once or more, or had chucked left-over
eatables out of the window and onto the road. These happen to be
the same people who later on complain how filthy and unclean India
is. We ourselves are indeed responsible for the dirt and scum on the
roadsides and other public properties.

No historical monument in India is free from the graffiti posted by

unscrupulous Indian visitors who are more interested in recording
their arrival than in safekeeping and maintaining our rich heritage
that has been left to us by our ancestors. There is no public wall in
India to be found free if the dirty-red of pan-spit; a unique feature,
found only in India. Every nook and cranny of our country houses
plastic litter or half-eaten corn and groundnut leftovers.

We are the same Indians who when traveling/living outside India

would take utmost care not to drop even a toffee wrapper on the
roadside. We are the same Indians who would blindly follow traffic
rules in other countries but while in our own country would jump
traffic signals and blare horns at no-noise zones (Ok, some part of
this concern does come from the fear of the huge fines such acts
may result in). We are the same people who can stand patiently and
silently in long queues to get a bottle of whisky but grumble and fight
when caught in traffic jams or have to wait in queues for getting any
paper clearance done or certificate made. We are the very ones who
love to keep our own house and surroundings clean but wouldnt
mind dumping our wastes into our neighbors compound. This is the
irony of Indians.

But the blame cannot be entirely put on the general public. The lack
of amenities like public toilets and waste bins is also partly
responsible for all these misdeeds. But it still needs to be seen how
much Indians would adhere to these new systems and take a bit of
extra pain and trouble to drop the waste wrapper in the dustbin.
Despite such facilities provided in some places we can often find
people who prefer to relieve themselves in the open than pay a
rupee for the useandpay toilets. Most of the bins on the
roadsides are full and spill over due to either lack of regular disposal
by the civic authorities or due to the general trend of the public to
throw waste items around the bin than in it and proudly (but falsely)
proclaim that he/she is a good citizen and dumps waste only in the
bin.

India is our country, our home and it is our responsibility to keep it

clean and tidy. Carrying a chocolate wrapper half a kilometer with
you till you can find a dustbin to dispose it off wouldnt cost you
much of energy or trouble. Just like one doesnt spit on the walls of
ones own house, it is our moral duty not to spit on the walls of our
country. Our surroundings and our way of life is the impression
foreign tourists carry of India. Let each one be the other ones guide
and together help keep India clean.

Cleanliness is next to godliness. The main problem of our country is illiteracy, if

people are educated then they show there footmarks on every walk of their life.
What I mean to tell that our government should take serious initative to eradicate
this problem and highlight problems related to untidy environment to general
public.

Most of the developing nations are spending crores of money in recycling waste
and they are regularly improving to stop wastage and educating people towards
their attitudes.We should always be aware about the untidiness around us. We
should teach the people around us to keep our surroundings clean and
tidy.Cleanliness is necessary for an individual. It leads to a country's progress.
For example, if one is suffering from any ailment resulted from un-cleanliness,
one is not capable to concentrate in his/her work (especially studying). So it
results in reduction in the knowledge that will be gained if an individual is healthy.
Every individual's knowledge and experience even gives uplift to economically
down-trodden people that results in country's progress as a whole.

Privatization will lead to less corruption

Privatization is transmitting of ownership from the public sector to the private sector.
 Corruption could be in any form and any field whether it is related to money, politics,
and medicine.

For

o People out of fear of being noticed very fast may be less corrupt.
o It reduces prices of goods and has less interference of government.
o There is a close relation between employees and managers. They both work
together in order to maximize profits in the correct way. Certainly, if there are profits,
corruption will be less.
o Salaries of people are high as compared to government sector. People are
constantly motivated. This reduces the changes of bribes etc.
o
Against

o Privatization gives more liberty to people.

o Privatization will introduce more risk. More risk means people to save their
assets will certainly get into corruption by any means.
o Privatization may lead to monopoly. People are free to make any sort of
Adjustments.
o Corruption as a matter of fact has got nothing to do with public or private
sector. It entirely depends on the people.
o Privatizing a sector is not the solution. People are corrupt in almost all
hierarchies.
Corruption in itself is bad and not acceptable from any sector and any form. Biggest
examples would be Satyam. The government should not just take strict action
against corruption but also try and speculate over means to avoid it.

Background :-

Privatization is the process of transferring ownership of a business,

enterprise, agency or public service from the public sector to the private
sector.

In Favor :-
 Employees of private companies are given high salaries, so they are much
more motivated to work, and less interested in corruption.

Private companies take immediate action on those who take bribe. This
creates fear in employees to take bribe.

Private institutions take more care to keep them clean and to provide more
facilities.

Private companies have competitive spirit. So, they offer more features to
public.

Our countrys GDP increases from the taxes paid by private institutions.

In Against :-

There is no guarantee that privatization leads to less corruption, because

corruption does exist in the private companies too.

The cost of products increases by privatization.

If we take private petrol bunks, even though they keep petrol bunks clean,
they charge high than the bunks under government control.

Conclusion:-

Corruption does not depend on whether its private or government,

it completely depends on individuals attitude. But by privatization, we can
reduce corruption up to some extent.

Indian villages - our strength or our weakness

Most of Indias population is living in villages. Villages are the backbone of our nation.

For

- Indian Villages where actual India lives is our greatest strength.

- We all who are living in metropolitan cities are dependent on them for our living.
- India is an agricultural country and 70% of the population who are engaged in this
profession are living in villages.
- Many of us who are now living in metropolitan cities are originally coming from villages.
- All the well known names like Ratan Tata, Lakshmi Mittal, Dhiru Bhai Ambani etc who have
made a mark in the world have also come from the Indian villages.
- There are many talented and bright minds in Indian villages who have the capability to
change the face of India.
- Villages are backbone of India without them India might have to face food shortage. All
other industries are also dependent on villages for their raw materials
- The production units of any big company are found at some small places owing to the low
cost of infrastructure and abundance of labour.

Against

- The level of education in Indian villages is very low.

- There are less number of job opportunities in villages.
- As the whole word is technologically advanced but Indian villages are still lacking in this
area.

Our Indian villages can be our greatest strength if the rural markets and the kind of talent
available there are capitalized in a proper way. Government should take steps in order to
improve the condition of Indian villages because the development in Indian villages will
change the face of India.

In Favor:-

In villages rice, wheat, and all the grains are produced. Villages are
backbone of India.

Ecological balance is maintaining by villages, because of the

environment of villages.

Indias economy depends a lot upon agriculture sector.

India is well known for its traditional & cultural values, which can be
seen more in villages.

In villages, people have peaceful life compared to people of cities.

Village people have more unity, helping nature, hardworking nature.

In villages, Health will be good, because of the consumption of natural

food and good environment.
 Once, India was called as Golden Bird due to villages.

In Against:-

Illiteracy rate is high in villages..

Poverty lies more in villages.

Unemployment lies more in villages.

Lack of water facility, transport facility, educational institutes.

Increase in population because of high illiteracy rate in villages.

Infant mortality rate is high because of illiteracy.

Conclusion:-

Villages are definitely our strength. But because of less support for
agriculture, village people are migrating to cities. Government should provide
loans and insurance for agriculture. Govt. should provide them chance to sell
their products directly to costumers. And Govt. should concern about
education and basic needs of village people.

Women Empowerment in India

Need for women empowerment :-

There exists gender inequality even in this 21st century.

There is no chance of the welfare of the world unless the condition of

women is improved. It is not possible for a bird to fly on one wing. Swami
Vivekananda.

There are so many women, who are silently baring the harassment of their
life partners because of the lack of education, lack of legal awareness and
lack of empowerment in women.

When women are empowered, all the society benefits.

Educating women about health care promotes healthier families.

 Even though a woman works 24/7 to raise her children and to maintain her
family, she is not getting recognition for her work at least in her home.

Points to be known :-

Year 2001 was declared as the womens empowerment year.

Challenges :-

Female Foeticide.

Dowry.

Restriction on widow remarriage.

Gender Bias.

Neglect during childhood.

Childhood marriages.

Gender specific specialization at work.

Cultural definition of appropriate gender roles.

Belief in the inherent superiority of males.

Notion of the family as the private sphere and under male control.

Limited access to cash and credit.

Limited employment opportunities.

Limited access to education.

Right to property is still exists only for sons.

Female infanticide.

Poverty effects women more.

Indias maternal mortality is highest in South Asia.

Domestic violence.

Crimes against women.

 Honor killings.

Trafficking of women.

Lack of awareness of Govt. programs.

Constitutional provisions :-

Article 14 Equality before law Provides equal legal protection for

women.

Article 15(3) Special provisions for women.

Article 16 Equal opportunities for all citizens in public employment

irrespective of caste, sex, religion.

Article 23 Prohibits traffic in human beings & forced labour.

Article 39 The citizen, men & women equally have the right to an
adequate means of livelihood.

Article 40 1/3 rd of seats in panchayats shall be reserved for women.

Article 42 State shall make provisions for just and humane working
conditions & maternity relief.

Article 44 Uniform civil code for the citizens throughout the territory of
India to safeguard women from laws of religion.

Article 51 A (e) One of the duties of every citizen is to renounce

practices derogatory to the dignity of woman.

Government Acts :-

Section 14 of the Hindu Succession Act 1956 Property of a female

Hindu to be her absolute property.

Hindu Succession (Amendment) Act 2005 Women get equal share in

the ancestral property.

Dowry prohibition Act, 1961.

Contract Labor Act, 1970 & Factories Act, 1948 Women cant be
employed in the night between 9pm to 6am. Women cannot be required to
work for more than 9hrs.
 Equal remuneration Act, 1976.

The indecent representation of women (prohibition) Act, 1986.

Commission of Sati (Prevention) Act, 1987.

Protection of women from domestic violence Act, 2005.

Maternity Benefits Act, 1961.

Child marriage (prohibition) Act, 1929.

Hindu marriage Act, 1955 This act was passed to

stop polygamy and bigamy.

Government Schemes and Programs :-

STEP (Support to training cum Employment for women) To increase

the self-reliance and autonomy of women by enhancing their productivity &
enabling them to take up income generation activity.

SSA (Sarva Shiksha Abhiyan) For girl child education. It lead to

increase in the Gender Parity Index (GPI).

The National literacy Mission or Saakshar Bharat Literacy of women.

Literacy is the critical instrument of womens empowerment.

National Rural Health Mission Educating women on health care. It has

resulted in the decline in fertility rates, Maternal mortality rates (MMR), Infant
mortality rates (IMR).

SHG (Self Help Groups) For economic development in women by

giving micro finances.

GB (Gender budgeting) Identifying the felt needs of women and re-

prioritising and increasing expenditure to meet these needs.

NMEW (National Mission for Empowerment of Women) To ensure

economic & social empowerment of women.

Swayamsidha scheme To ensures total development of women.

Swadhar scheme Basic necessities to marginalized women & girls.

Kishori Shakti Yojana Empowerment of adolscent girls.

 Mahila Samridhi Yojana For women empowerment.

Maternity Benefit Scheme Payment of Rs.500/- to pregnant women for

the first two births only if the woman belongs to BPL (Below Poverty Line)
category.

Rastriya Mahila Kosh To provide micro loans for women.

Scheme for working women hostel To promote availability of safe &

conveniently located accommodation fro working women.

Development of women & children in Rural Areas (DWCRA) Creation

of groups of women for income generating activities on self sustaining basis.

SABLA Empowerment of adolscent girls.

How can we take part :-

First of all, woman must have the will to be independent & to be the best of
herself, then rest of everything follows.

Creating legal awareness among women about their rights.

Educating women. Education makes them independent.

Providing health & economic security.

Skill development programs.

Forming groups. Unity gives strength to everyone.

And many more little things which makes significant difference and leads to
the great future.

Conclusion :-

The Government and we, the people have responsibility towards

women empowerment. And we can achieve this Millennium Development Goal
definitely. One day will come, when gender inequality will only be present in the
history books.

Favor:

Woman is base of family. When you empower a woman, you empower a family.
Women have major influence on children and thus society. Empowerment of
women will give new workforce for society. This question may be invalid in few
countries where women are treated equally but in few other countries women
empowerment is must.

Against:

No direct connection. Empowerment of women may lead to nuclear families and

split homes. Women are already in good position in society so this question
is invalid.

Conclusion:

Woman is important part of society and her empowerment is must of

development. In developed countries every member of society is in equal
position. But in developing nations we need to empower people who are not
receiving equal treatment.

Corruption is main outcome of democracy in India

Favour

Democracy provides equality to everyone, from whatsoever background and

competency it makes easier to play around loopholes in India.
Democracy does not play a direct role to promote corruption but it gives power
to people who are incapable and have their own aims and selfishness. In
democracy a person is chosen by population. This procedure could be
faulty because human being can be motivated trough means of greed or fear.
Democracy leads to vote politics and vote politics leads to the decisions, which
are favorable to some groups of society. Such decisions and policies are not good
for nations growth.

Against

The risk of Democracy is a systemic risk corruption is a personal equation and

holds good or bad depending on an individual's and organizations personal value
systems. The two should therefore not be construed/ read as a cause effect
relationship. Democracy gives choice to people to select leaders. If people
choose wrong leaders than democracy cannot be blamed. Democracy is a
beautiful system, where people choose their leader. So responsibility is on
shoulders of citizens to choose a right capable leader who can take right and
rational decision. More good people should join politics and people should vote
right people.

Conclusion

Democracy doesnt support corruption at all. But people themselves are

greedy and selfish who are motivated for corruption.
 The pros and cons of Brexit from the European
Union

The pros and cons of Brexit from the European Union

United Kingdom is considering withdrawal from the European Union, which is

commonly being shortened to be known as Brexit or Britains exit. It is being
predicted and called for by individuals, political groups and advocacy groups for their
own purposes. A similar referendum in 1975 decided that UK should continue to
remain within EU. The next referendum or voting which is scheduled to be held on 23
June 2016 will decide if UK will continue to be a part of European Union or withdraw
from it.

Britain was incompatible with Europe in 1963 due to its economy from work and
agriculture and hence it was not a signatory to the Treaty of Rome that led to the
creation of EEC. Later when it got the membership, there began the opposition
Labour Party that wanted renegotiation of terms and then hold a referendum on
whether to remain or leave.

Last year PM Cameron promised that if he won the elections, he could hold a
referendum since his own MPs were beginning to question that Britain did not get a
say ever since 1975. People believe that a lot has changed since then and it is time
that individuals get their say regarding Britains status in EU, especially unhappy
about the immigration rules.

Pros:

1. Being held back: Britain has for long being held back by the EU, imposing too
many rules on business and charging billions of pounds per year as membership
free, all the while doing very little to nothing in return. EU membership has also
limited Britains international influence, keeping it from an independent seat at the
World Trade Centre. Once Brexit happens, UK will be free to widespread its influence
as opportunities extend themselves.

2. Immigration: Britain has every right to get control over the number of immigrants
coming to their land to live or work. The open border policy has not being doing too
well for the people of UK. They are facing issues and that is not going to change until
European Union relaxes its stringent rules of free movement which is also being
opposed by other member nations. There will be more sovereignty as Britain will be
able to make its own rules without being held back by imposed rules of EU.

3. Security: With borders sealed and greater restrictions imposed on who enters and
who doesnt, there will be more sense of security amid the common people who have
for long been agitated with the immigration issues that brought along a dozen other
issues of incompatible people coming from across the borders and claiming their
own rules. A lot of security threat would be lessened if people of the region are to be
believed.

4. Free trading: Britain is held back from fully capitalizing on its trade with major
countries like Japan, India and UAE. Britain has for long been subjected to slow and
inflexible bureaucracy of the European Union that has been making it prohibitive for
smaller and innovative companies. Britains job market would also improve
considerably since there will be carefully selective immigration. It will be like freedom
earned for its own good for Britain.

5. Peoples opinion: Common people of Britain are agitated with EU not just for the
relentless immigration but also because they have to sacrifice a lot each owing to the
policies of VAT contribution and agricultural subsidies. These are bureaucratic rules
imposed by the EU on Britain that people are more than willing to do away with.

Cons:

1. No more easy trade: Easy selling of goods and businesses form one EU country
to the other did open up doors for vendors who established trade between the
nations and now with the exit of Britain, there could be rules and customs imposed
which will harm trade in more ways we can anticipate. The wider union and the
exchange of favorable treatment from both sides have always boosted trade for big
businesses.

2. Rise in price: With Britain gone from EU, there will be considerable hike in prices
of imports, food and other everyday used goods. There have been constant warnings
regarding this imminent consequence of Brexit which wont be a good sign for the
nations that setup business in UK owing to the fact that there was a single market
with easy flow of goods and products to major nations.

3. International companies will leave: Many big businesses and international

companies are in UK mainly because of its easy connectivity to the open EU market.
With that gone, there would be impending threat of these companies withdrawing
their business from UK immediately. There will be other options for these companies
but UK will be left out of options once the single market closes its door or easy trade
with the member nations.

4. Losing influence: Britain has a lot of influence in EU which leads it to greater

influence over international matters. Once it leaves EU, it will be left out of an
important podium where major decisions are made. Negotiating policies is possible;
it was done with the Schengen Agreement and enforced migrant quote and it can be
done again only if Britain keeps its sanity and calm in the referendum.

5. Together in threats: Being in the EU gives better protection to Britain at times

when there is imminent threat to security. Cross border crime and terrorism is not
going down without the combined support from the world powers that stand together
being a part of EU.

6. Investment: Britain does pay huge membership free each year but in turn it also
gets billions of pounds worth of investment each year. This would also go with the
package once Britain steps out of the union. No more trade agreement with the
member nations and no more of barrier free trading across borders!

There are political agendas behind the referendum that is about to be held soon.
Politics, wherever involved, talks of only a fraction of the truth the fraction that
needs to be told out. Those so bent on favoring Brexit are totally ignoring the cons of
being separated from a bigger union of countries that brings trade, good influence
and security to UK. Regarding renegotiations of policies, it has been done before and
could always be done in the future if advocates could spare the political reasons
aside.

How Brexit will impact the Indian market

When Indian markets began trading Monday last week, they had to factor-in the impact of Rexit: the
Reserve Bank of India Governor Raghuram Rajan's exit from the central bank once his term finishes in
September. Though markets opened with a modest cut, they recovered later in the day, mostly on account
of the FDI reform measures announced by the government.

On Friday, however, a much bigger event, the referendum on Britain's membership of the European Union
(EU), which resulted in its its exit from the EUBrexitspooked the markets. The Sensex opened lower by
635 points and went down by 1,091 points before bottom fishing brought some stability. Even as the index
recovered 486 points from the day's low, it still closed the day with a deep cut of 605 points or 2.24%.

The debt market, which reacted negatively to Rexit, with 10-year bond yields spiking on Monday morning
(markets, however, recovered the same day) remained relatively calm on Brexit. However, the currency
market took a beating and the rupee lost on both Monday and Friday and ended the week with a loss of 89
paisa against the US dollar.
The big picture
BRexit is a very small event and the market has already digested it. "Some news about Rexit was there in
the market for several days, so this did not come to the market as a surprise," says Vikaas M. Sachdeva,
CEO, Edelweiss Mutual Fund.
However, Brexit took the market by surprise as most opinion polls were suggesting that Britain will vote to
remain in the EU. Britain's exit from the EU is a huge event and will continue to haunt the global economy
in the coming months. "Brexit is a big, once-in-a-life kind of event. It's consequences will last longer than
we can think," says Motilal Oswal, CMD, Motilal Oswal Financial Services.
The biggest worry about the Brexit vote is that it has opened a Pandora's Box. Emoldened by the Brexit
outcome, groups opposed to the EU membership in other European countries have already started
demanding their own referendums. The immediate impact of Brexit is an increase in risk aversion when it
comes to investing.
"Risk aversion is likely to take hold across asset classes," says Michael Strobaek, Global Chief Investment
Officer, Credit Suisse. The first hint of this was seen on Friday when crude oil fell while gold rallied 5%
each.
Among the global currencies, only the Japanese yen and the US dollar appreciated (considered as safe
currencies by the market). Currency depreciation will further increase risk aversion and put more pressure
on the weak Asian currencies.

"Asian currencies, excluding Japan, could be hurt if other EU countries follow suit and call for a
referendum," says a recently released DBS report. The Indian rupee won't suffer much but won't be left
unscathed. "The direct trade impact (on the rupee) is limited from UK, but global risk will likely weigh on
India in the near term. So we revise our 2016-17 average US dollar target to Rs 68.5 from Rs 67.9," says
the Kotak Economy Report.
The sudden increase in global risk aversion can impact the inflow from foreign portfolio investors (FPIs) to
India. FPI outflows stood at Rs 539 crore last week Though domestic institutional investors (DIIs) could
lend some support. DIIs pumped in Rs 1,068 crore last week, but it may not be enough if FPI outflows
accelerate.
Global markets were eagerly awaiting two major events: The outcome of the UK referendum and the rate
hike by the US Federal Reserve. Since Brexit has already happened, the rate increase by the US central
bank may not happen soon. The Indian market, however, has to worry about another more major event:
The upcoming big Foreign Currency Non-Resident (FCNR) fixed deposit redemption due in September.
Experts feel that the FCNR redemption in September should not be a big worry. "Since the RBI has
accumulated enough forex reserves, we are pretty safe in terms of repayments," says Debopam
Chaudhuri, Chief Economist, ZyFin Research
The central bank response How global central banks respond to Brexit will be crucial to how the markets
behave. "More central bank intervention can't be ruled out to minimise the volatility in the financial
markets," says Chirag Mehta, Senior Fund Manager, Alternative Investments, Quantum Mutual Fund. "The
liquidity situation globally is likely to improve from the current levels, which would be a positive for interest
rates," says Lakshmi Iyer, Chief Investment Officer, Debt, Kotak Mutual Fund.
However, the recent spike in inflationary pressure may force the RBI to not go for accelerated cuts. "Rate
reduction may not happen in a hurry, because the consumer inflation is going up," says Chaudhuri. Any
further weakness in the rupee will further tie the RBI's hand. "Every 100 basis points (bps) depreciation in
the currency will increase consumer price index by 17-20 bps and wholesale price index by 22-25 bps,"
says Dhananjay Sinha, Head, Institutional Research, Economist & Strategist, Emkay Global Financial
Services.
Though the RBI may not go for accelerated rate cuts, the rate direction is still downward. This means short-
term investors can bet on rate-sensitive sectors such as auto, infrastructure, banking, etc. The top gainers
on Friday PNB, Exide Industries, Dabur were rate-sensitive companies and those catering to domestic
demand. Similarly, investment in long-dated debt funds and tax-free bonds will also benefit from a rate
reduction, an option investors could explore now.
Impact on GDP
Brexit will have an impact on India's GDP growth. "We have lowered our aggregate 2016 GDP growth
forecast for Asia excluding Japan from 5.9% to 5.6% and India's 2016 GDP growth forecast to 7.3% from
7.6%," said the Nomura Report. However, there is no need for Indian investors to worry about this small fall
in the growth rate, because we will still be the fastest growing major economy of the world. The government
is also taking steps to boost the GDP growth and steps such as the recent FDI liberalisation will help in
achieving it .

When we look at the whole picture, it emerges that long-term investors need not
worry about Brexit. "Investors should not change their asset allocation based on
events like this. Since India's economy is doing well from a longterm view, there
is nothing to worry," says Sachdeva. A. Balasubrahmanian, CEO, Birla Sunlife
MF concurs with this view: "Investors should not bother too much about such
events. The country is on the right direction and the long-term direction of the
market is driven by fundamentals and not just by such events," he says.
Aggressive equity investors, on the other hand, should try to use the current turmoil as an opportunity. "My
experience says that more the uncertainty, the bigger is the opportunity for stock-picking. Keep on buying
at every dip," says Oswal.
Also, even though India will be impacted by the global turmoil, it'll still be much better off. "Indian markets
should perform better compared to most other emerging markets and also the developed markets," says
Dipen Shah, Senior Vice-President and Head, Private Client Group Research.

Terrorism in India

Terrorism not only in India but it is in its worst phase on global standards and need of making
full stop to it is very much required. Although different people have different angles of
terrorism. Many people say that its a methodology of asking for rights and if this country was
of Mahatma Gandhi but it was equally of Subash Chandra Bose and Shaheed Sardar Bhagat
Singh. Mainly the terrorist are taking the advantage of our politicians and the people
depressed with the life. They show them the way of life and teach them we should not ask
for our own rights, rather we should snatch it which is very wrong activity to be performed.
They work on the same principle and the people also get easily convinced with it due to our
worst government. Where actually after many practices nothing comes out as a result.

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India being a very big country with lots of religions and cultures these goons of society seeks
for support from people inside country , the terrorist cannot enter the country without the
help of any citizen of India.

Thus I would like to say over here that we should try to improve ourselves the terrorism will
be vanished from India automatically.

On the other hand I have a suggestion to get rid of Terrorism. There is a popular phrase we
should talk to the other person in the language in which he speaks thus as the name suggest
Terrorism that spreads terror among the people, the government should pass orders such as
shoot at site. This will create terror among them and least people will join terrorism with the
fear of death. Major problem is that Terrorist is in me else it would not have got chance to
increase .
Though we have the 3rd biggest army in the world, but we are not secured from these
threads which might be internal or external. Whenever there is such a situation to fight back,
we lag behind because of insufficient supply of technology, arms and ammunition and also
the man power. We still have 1 policeman for the 1273 ordinary people suggesting that he
will be there to protect all of them. So some harsh steps need to be taken so that we can
have the permanent solution against this terrorism and the time has come to tell all these
terrorists that we will not let you people to spoil our nation and lives.

Although Terrorism in India has two forms

1. External Terrorism: It is the terror spread by the people who are from another nation and
have entered the country. These kind of Terrorism in India is spread by the neighbor
countries like Pakistan, Bangladesh, China.

2. Internal Terrorism: This is the terror spread by the country people in the country itself by
destroying public property and causing damage to the human life .

Terrorism is the biggest menace faced by India and international community

today. It has been posing a serious threat to international peace and security and
has posed a threat to international peace and security and has made us helpless in
the wake of the horrors of violence, bloodshed, destruction, cruelty and deaths.

It is not confined to one particular nation; most of the nations in the world are
forced to put up with the scourge of terrorism whether it is cross-border
terrorism, cyber-terrorism, narco-terrorism or any other form of terrorism.
Narco-terrorism is the way by which the operations of terrorist groups are finance
in various parts of the world, by smuggling narcotics and hence destroying lives
of teenagers.

The September 11, 2001 attack on World Trade Centre in New York City shows
the level of heinousness of terrorists. There were a total of 2,996 deaths from the
attacks, including the 19 hijackers and 2,977 victims. The victims included 246 on
the four planes (from which there were no survivors), 2,606 in New York City in
the towers and on the ground, and 125 at the Pentagon.

The Problem of Unemployment

Unemployment is one of the major problems in a developing country like India. T

he number of unemployed persons
increases as the population explodes. Our development plans fail to provide emp
loyment for all the unemployed
youth. In spite of the Five year plans, this problem continues to be serious as eve
r. There are many causes of employment. The first and foremost is the over-
population. Every year an army of
unemployed swells up as the growth rate of population is rapid. There are many t
ypes of unemployment. First is the
unemployment amonth the education prople. This problem is growing as educati
onal opportunities are given to all.
Secondly, the system of our education is theoretical that it makes our young men
fit of for some kind of service.
Thirdly, though the population is increasing, the industrial progress has not kept
pace with it. To these may be added the indifference of the society.
This malice can be tackled by specific employmentoriented schems and rapid ind
ustrialization. Moreover population
explosion should be brought under control. Statesmen, not politicians, are the ne
ed of the hour. People with longterm
vision should lead the nation thereby making unemployment a thing of the past.

Creating new jobs is a crucial task and plays an important role in the economy.
Drop in the financial market hits job market and creates unemployment. India
has the largest population of youth in the world with about 66% of the
population under the age of 35, so impact of declining financial market is the
worst in India. Though education level in the recent years has increased but skill
development is still a crucial issue. Moreover, poverty, limited access to skill
based education, work experience are some of the major factors that lead to
unemployment and underemployment. During recession, job freezing is the most
common occurrence done by hiring companies. Under such circumstances there
is a greater degree of unemployment.
What is unemployment and its types?
Unemployment is a situation when a capable and willing to do job workforce
does not get work.
Different forms of unemployment occur, few are not that harmful but few are
very risky for the society as a whole. People waiting for their first job come
under frictional unemployment. Such kind of unemployment is not regarded
as dangerous and can be improved by creating more awareness regarding new
job openings. Then comes theseasonal unemployment and this is specific to
certain seasonal industries like tourism and farming. To reduce this, people must
be encouraged to take other jobs in off season. The worst type of unemployment
is the structural one. It comes into picture when there is a change in the
structure of an economy. It is long term unemployment and can be caused by
various reasons. Machines replacing human, change in the behaviour of
consumer, etc are the causes. Structural unemployment can be reduced to great
extent by providing retraining, on job training and by making people
occupationally flexible.
Unemployment statistics in India
The Labour Bureau under Union Ministry of Labour and Employment released an
Annual Employment & Unemployment Survey report. The report for 2012-13
states that Sikkim has the maximum number of unemployed people where as
Chhattisgarh has the minimum number of unemployed people in the country.
Overall unemployment rate of the country is 4.7%. In Northern India, Jammu
and Kashmir has the maximum unemployment rate followed by Himachal
Pradesh, Delhi, Chandigarh, Punjab and Haryana. Unemployment rate in rural
area is 4.4% whereas in urban area it is 5.7%.
According to a National Sample Survey Office (NSSO) last year also there was a
dip in Indias employment rate that had gone down to 38.6% in 2011-12 (July-
June) from 39.2% in 2009-10. With this unemployment rate had gone up from
2.5% to 2.7%. In the year 2004-05 the employment rate was 42%. In the five
year period falling between 2004-05 and 2009-10, 2.7 million new jobs were
created where as in the previous five years 60 million new jobs were created. As
per the survey number of women who lost their jobs was more than that of men.
Number of employed men between 2009 and 2012 remain almost same but
number of employed women dropped from 18% to 16%. Though in terms of
percentage it looks small but the actual figures are really daunting. In rural
sector about 90 lakh women lost their jobs in the period of two years. On the
other hand 35 lakh women were added to the workforce in urban areas. Overall
unemployment rate in females was more as compared to males. For females it
was 7.2% whereas for male the unemployment rate was 4%.
State of Kerala being the most literate state in India had the highest rate of
unemployment, i.e, close to 10% among the large states. Whereas rate of
unemployment in West Bengal was 4.5% and in Assam it was 4.3%.
At the same time, decline in job creation has also been revealed by Monster.com
through its Monster Employment Index India. Monster is one of the biggest
online job portals. Because of the global economic conditions, Indian employers
have posted less number of jobs in this job portal. The Monster Employment
Index is a monthly measure of online job posting activity. The data is based on a
real-time assessment. The same sluggish growth has been shown by the Naukri
Job Speak Index of Naukri.com.
Number of workforce in agriculture sector has gone down and for the first time it
is below 50%. The farm sector now has 49% of the workers whereas
manufacturing sector has 24% and services sector has 27% workforce.
India must see and consider employment as a major driver of the economy.
Economic growth in 2009-10 was 9.3% whereas in 2011-12 it came down to
6.2%.
Jobless youth is left with no other option but to go for self employment and if he
does not possess specific skill then youth has to do low paying jobs like hawking
magazines, etc.
On the other hand youth is now more interested in skill based job as salary is
better. This has been shown by an increase in the education loans in India. As
per the data by Reserve Bank of India, in the past four years, outstanding
education loan in the category of personal loan has almost doubled. Also there is
a rise in the number of defaulters of education loan that clearly indicates the
unemployment state in India especially for students who are looking for a job is
bad.
According to the reports by NSSO, illiterate population has the lowest
unemployment rate. Because this segment of the society is ready to do low
paying jobs. Educated youth is facing the most of unemployment that shows lack
of skill based employment opportunities in India.
Impact of Unemployment

violence, drug taking, crime, health as well as it leads to psychological issues.

Next comes the poverty that is directly linked with unemployment as well as
inequality. Long term unemployment can actually ruin the family and the society.

Should Indian Government Implement

GST (Goods & Services Tax)
Background of GST (Goods and Services Tax)

GST has been proposed in the Indian Parliament few months back and
economists are deep diving to study its implications and feasibility of
implementation throughout the country. Implementation of GST has been
passed by one house of the Indian parliament but awaits approval from
the other house.The Idea of GST was introduced long back but due to lot
of issues in implementation the government is trying hard to amend the
constitution and take it though.
What is GST?
GST stands for Good and Services tax. At present, India has two broad
categories of taxes:-
1. Direct Taxes (eg. Income tax, Wealth tax) The liability of these
taxes cannot be shifted.
2. Indirect Taxes Liability can be shifted.
Central VAT
State VAT
Service Tax
The bottom line of GST is to curb the payment of tax on tax i.e. double
taxation.
If GST is implemented, consumers shall pay taxes only on the new value
added just like the VAT.
Under the current tax structure, state government only levy taxes on
goods while central government levies taxes on both goods and services.
In new emerging industries, such as ecommerce, it is difficult to
distinguish between products and services. Thereby, GST will help unifying
taxation throughout the country.

Indian GST will have following distribution:

1. Central GST
2. State GST
3. Integrated GST (This is a special tax that one has to pay for interstate
transaction which is 1% which is to be decided by GST council after 5
years if they wish to continue or abandon it)

Why should government implement GST Benefits of GST

1. GST will bring tax consistency throughout the country.

2. It will allow free movement of goods from one state to another.
3. The cost of product from across states will almost be the same thereby
providing equal opportunities of business owners in all states.
4. The cost of the product for the manufacturers will come down as double
taxation will be minimised.
5. A reduction in these cascading taxes increases the incentive for more
consumption, leading to higher revenues which compensate for the
reduction in tax rates.
6. With consumers having more money in their pockets, the GDP is set to
increase.

Why should government NOT implement GST Disadvantages of

GST

1. From a consumer standpoint, there is no worthy disadvantage of

implementing GST. However, few businesses may suffer.
2. Businesses where cost advantages lies within states will suffer and lose
their core competency. e.g. VAT in Bangalore, Chennai and Hyderabad are
lowest at 5% and it helps firms to provide products all across India at price
which other states cannot meet due to higher VAT rates in other states.
This is the reason why all eCommerce firms have their biggest fulfillment
centers in these three cities.
States will suffer huge loss with implementation of GST as they will lose
price advantage for common commodities available nationwide.
Government has reached to conclusion they would still be paying any
revenue loss hereafter to each state for a period of 5 years from the date
of implementation of GST.
3. The biggest contradiction comes with the fact that, on one hand, the
government is pushing Digital India movement and boosting eCommerce,
whereas on the other with GST its making tough for businesses to operate
at a nationwide scale.
Recently eCommerce companies have requested government to keep
aggregators out of GST.
Merger of SBI ASSOCIATES WITH SBI : Boon
or Bane for India
Why merger is needed is a question of the day. In the recent top 1000 banks of the
world, no indian bank could find place in top 50 being a 7th largest as per gdp and
3rd as ppp. Sbi that consists 18% of the total banking money and 6-7% its associates
bank, if gets merge can be in the top 50 list of the world.

From banking facility point of view, SBI is the most technically advanced compare to
associates bank. It takes 2-3 years to adopt the same technology for the associates
banks that Sbi is using now.
Other thing is that its not going to impact customers. they will be getting better
facilities or world class facilities.
Some associate banks which are under staffed will get exponential benefit out of it.
People might be a bit sentimental as they were using a name for a long time and now
have to change. But its the time to cop with the need of time and not the feelings.
It will also help in financial inclusion. Now banks would be able to open the branches
at the rural places. It will help people to get banking facilities easily, as all associate
banks will be on the same level and providing the same facilities.

Merging 27 banks not just Sbi and associates, into 4-5 big banks will boost the
banking sector. May help in reducing the bad loans as well.

Investors have driven up the stocks of the listed associates of State Bank of India (SBI)
by as much as 63% in the past month, ever since their merger with the parent was
announced. Not surprisingly, these banks trade at significant discounts to SBI.

SBI shares, themselves, have gained by one-fifth in this period. This is despite a section
of the market thinking that the merger will be a distraction for the management, which is
struggling to clean up the balance sheet and resolve the bad loans problem. Note also that
current chairperson Arundhati Bhattacharyas term is set to end in a couple of months.

On the face of it, a merger with the associates shouldnt add to SBIs bad loans problem.
The consolidation, if anything, will improve the situation marginally as the increase in
bad loans will be slower than advances. The provision coverage ratio will also remain
close to 60%.

The SBI management has stated that there are three sources of benefit from the merger.
The consolidated bank is expected to manage costs betterthe cost-to-income ratio could
reduce by as much as 100 basis points (bps). One basis point is one-hundredth of a
percentage point.
Second, a combined treasury could perform better and, third, the lower cost of deposits
will boost margins. According to Ambit Capital Ltd, the management pegs total savings
at Rs.3,500 crore, which is a quarter of the last three years average combined annual
profits of the parent and associate banks.

On the flipside, SBI will have to bear one-time pension liability cost as its employees are
covered by both pension and provident fund however, not all employees of these
associate banks are eligible for pension. The banks management had forecast this amount
to be close toRs.3,000 crore when announcing March-quarter results on 27 May.

The immediate negative impact will be from pension liability provisions due to different
employee-benefit structures and a harmonization of accounting policies for NPA
recognition, said Alpesh Mehta from Motilal Oswal Financial Services Ltd.

The books of the associates have not been subjected to the same scrutiny as SBIs and
analysts are worried that they may throw up some skeletons. SBI, itself, has declared a
bad loan watch list of Rs.31,000 crore.

Higher restructured assets of associate banks cloud the future outlook since there is not
much visibility and clarity. One has not heard from their respective managements about
how their books have been so far, cautions IIFL analyst Rajiv Mehta.

Even if we build in the (SBI) managements expected synergies in our estimates, the
impacts on the combined entitys RoA (12 bps) and RoE (194 bps) do not appear
significant at this stage, wrote Ambit analysts in a 16 June note. RoA is return on assets
and RoE is return on equity.

The cost of integration and a potential clean-up of the associates books will determine
whether SBI investors have jumped the gun by driving up the stock sharply.

Rising N.P.A.s

For a few weeks the rising NPA (non performing assets) or bad loans have been in news and
for all wrong reasons. The rising bad debts of Indian bank have become a cause of worry for
the RBI and govt. recently Union Bank of India saw a steep rise in its NPA and that resulted
in its CMD Archana Bhargavas resignation.
Rising NPA signifies that bank has given loan to firms or individuals and is not able to
recover the same. Just to remind, the US subprime lending crisis, to some extent, was
triggered also because of this reason. So lets find out about the causes and effects of rising
NPA:-

Causes and effects

1. Public Sector banks provide around 80% of the credit to industries and it is this part of the
credit distribution that forms a great chunk of NPA. Last year, when kingfisher was marred in
financial crisis, SBI provided it huge amount of loan which it is not able to recover from it.

2. If Indian industry is in crisis, it is bound to hit the banking sector and their NPA will rise.

3. Only PSBs cant be blamed for the situation. The economic policy of the government and
also politician-corporate nexus is behind the current state of banking industry.

4. If the NPAs keep rising in the current state like that of Kotak Mahindra or Union Bank, it
will lead to shutting down of bank and it can also create a very serious economic crisis in the
nation.

5. One of the main reasons of rising NPA is the relaxed lending norms especially for
corporate honchos when their financial status and credit rating is not analyzed properly. Also,
to face competition banks are hugely selling unsecured loans which attributes to the level of
NPAs.

6. Global economy can effect the banking sector but to a very small extent. It is the policies
of RBI and govt. that can improve the situation.

7. If the status of NPAs in banks is not controlled, banks can become bankrupt. The entire
credit distribution structure of the economy can be destructed and the country could be in a
major financial turmoil.

8. When US hit the subprime crisis, it was because of the lenient lending norms and baks
had huge number of loan defaulters. The big banks filed for bankruptcy and US economy
went jittery. So, NPA problem is to be taken seriously.

Conclusion
The rising NPA is a major problem for the future economy of the country. To improve the
situation, RBI must bring in strong regulatory processes to ensure that loan is not provided
without the credit rating of that firm or corporate houses.

Also, the govt. must bring in capital infusion plans for the bank so that they can fulfil the
BASEL-3 norms and can suffer the current crisis.