Saturday, 19 May 2012

Howitzer After 27 Years

Finally after a long wait for 27 years Indian Army got Howitzer Guns for its artillery. The induction is still 2-3 years away but at least deal is done. The ultra light weight M777 (145 nos) will be bought from USA under foreign direct military sales so no chance of any scam or middle man.
               M777 are being specially procured for two mountain divisions as each gun just weighs 4208 Kg and can be easily airlifted by helicopters.
              Still their remains huge deficiency in IA fire power as requirement of Howitzer is completely not fulfilled.

Food Grain Prices

Even after bumper food grain production for continuous second year , the prices do not budge to come down in India. The rational of demand supply gap is being questioned.
             I can say food grain prices are not going to come down for this year also. The GOI is purchasing all food grains at much higher prices (MSP) than other traders can offer in market. The traders are getting less supply from farms and GOI is not releasing stocks in open market . GOI is holding record amount of food grains sufficient for two and half years to feed entire Indian population. GOI should be blamed for hoarding & price rise and not the rational of demand supply gap.
           Reason for buying at high MSP...?? vote bank politics from most of the political parties. They fail to remember that giving high prices to select grain growing farmers is not going to give them winning votes as India is moving from agriculture economy to service & industry based economy. The action is impacting much larger population & hearting people in BPL category.

Sunday, 13 May 2012

Time to ground the AI & IA

Aviation Industry is one which has drained most of the money across globe bankrupting almost all state sponsored airlines at least once in its lifetime. Its always better to leave air line industry in hands of expert in that field instead of government operating them for national pride.
          Same stands for Air India & India Airlines. Both combinely have costed 80,000 crores to India tax payers plus GOI is committing more 30,000 crores for its revival in future which also is going go down the drain. The GOI should stop acting as service company and do what it best suited to do, run the country & governance. With current strike by pilots GOI has the right reason to sell AI & IA to private companies after opening FDA in domestic air line industry. Also will put an end to massive corruption being done by ministry to bottom employee in both companies.
          The private air lines are matured enough to take control of Indian aviation.

Wednesday, 9 May 2012

Shift in power centre

            The recent visit by Hillary Clinton to Kolkata to resolve the issue over FDA in retail has shifted the power centre in India. Even USA knows now in whose hand actual power lies. So should Mamta Banerjee top the list of most powerful global women of 2012 ?

Tuesday, 1 May 2012

Food Grains Rot

In a country where millions go hungry every day and where food prices are breaking the back of the common man, a record amount of food grains are rotting in government godowns. GOI is holding (Hoarding) food stock sufficient for two years of requirement. Banning the exports has resulted in loss to Indian farmers and increased prices in international market pinchng the other non agircultural countries.

A lot of damage is already done and by the time the state government and the central government decide on a plan of action, all stocks may be lost.  10,688 lakh tonnes of food grains were found damaged at FCI gowdowns which could have fed entire population of few african countries facing famine.

Some people say rotten food grain is cheapest raw material to produce alcohol.


Budapest through my pictures...!!!!!!

New Delhi Airport Scam

Recently many international airlines were forced to shift operation from mumbai airport to delhi airport.Many did like Austrian, Swiss, lufthansa & more. Then came the 346% hike in airport charges/usage fees for operators & customers of Delhi airport. I smell a scam.

Oil Prices

The Crude oil prices are fixed at NY/London/Singapore who do not produce a drop of Oil. The Oil producing nations have no control either on price or output. Ban in trading of crude oil on commodity market will bring their prices down by 50% from current level.

In India all states should follow the Goa pattern. Reduce taxes on Petrol/Diesel and balance tax inflows by increasing taxes on Alcohol / Cigarettes / Gutkas.