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Showing posts from April, 2017

Taxing farmers may yield nothing

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Thought for the day " Sheep, like people, are ungovernable when hungry. " —John Muir (American, 1838-1914) Word for the day Green-Collar (adj) Noting or pertaining to workers, jobs, or businesses that are involved in protecting the environment or solving environmental problems. Malice towards none You speak one lie 100times, and people start believing it to be true. This adage does not seem to be applying to AAP. The more they lie, the more   people disbelieve them. So much so that many have started discounting their truths also. First random thought this morning Our government seems to be pushing the Make in India policy hard. Reportedly, it now wants all government procurements to be sourced locally. It also wants metro trains to have at least 75% local content. It sounds like a great idea. The small problem is that many of our large trade partners like USA also seem to be copying our idea of locali...

Save Ganga & Yamuna first, Saraswati can wait

First random thought this morning Congress party, when in power had rejected re-election of Dr. APJ Abdul Kalam as president of India. Instead of the undisputed hero of 125cr Indians, it successfully installed a totally unimpressive Congress leaders as the supreme commander of our forces. Now the same party is seeking to organize a coalition of same parties who supported Dr. Kalam's candidature, to put up a "consensus" opposition candidate for the presidential election due in couple of months. It's disgusting! Thought for the day " In every walk with nature one receives far more than he seeks. " Word for the day Perfidious (adj) Deliberately faithless; treacherous; deceitful, e.g., a perfidious lover Malice towards none In past three months, Arnind Kejriwal and Congress leadership have openly admitted that their elected representatives and other party members are corruptible. They are open to swit...

Make growth sustainable and equitable

Thought for the day " The clearest way into the Universe is through a forest wilderness. " Word for the day Synesthesia (n) A sensation produced in one modality when a stimulus is applied to another modality, as when the hearing of a certain sound induces the visualization of a certain color. Malice towards none Violence, be it in J&K or in Chhattisgarh, needs to stop. Immediately. First random thought this morning Indian equity market scaled new peak yesterday in a typical frenzied fashion. The panic amongst investors and traders who were waiting for a correction to buy is palpable. The common refrain now is "buy whatever has not gone up". The junk is therefore on the move at a scorching pace. In all this, a sane friend reminded, quoting Howard Marks “When there’s nothing clever to do, it’s a mistake to try to be clever.” Make growth sustainable and equitable Last year, the central g...

Water & electricity

Thought for the day " The world, we are told, was made especially for man - a presumption not supported by all the facts. A numerous class of men are painfully astonished whenever they find anything, living or dead, in all God's universe, which they cannot eat or render in some way what they call useful to themselves. " Word for the day Lacuna (n) A gap or missing part, as in a manuscript, series, or logical argument; hiatus. Malice towards none Last Sunday, the people in South Delhi were so engrossed in French elections, that they forgot to vote in MCD election. First random thought this morning There are stark similarities between the relationship of ruling party & opposition today and the relationship of ruling party & opposition in 1970s. The incumbent government perhaps also enjoys the public support, similar to what Mrs. Gandhi enjoyed post 1971 war to liberate Bangladesh. The key ponderable is ...

Well begun, but little done.

Thought for the day " Marriage is like putting your hand into a bag of snakes in the hope of pulling out an eel." —Leonardo da Vinci (Italian, 1452-1519) Word for the day Kerfuffle (n) A fuss; commotion. Malice towards none Assuming the Babri trial will get completed in next two years. Then what? It will take another 10-12years in Allahabad High Court and then in Supreme Court. Whom are we fooling, in the name of justice? First random thought this morning Got the opportunity to attend a fat Delhi wedding. At the entrance to the party venue there were some white (apparently east European) girls standing (just standing not doing anything) dressed as peacock. I am told, it's a common practice these days. While many guests choose to ignore their presence, there were some whose red eyes were gnawing them rather conspicuously. The party was attended by some politicians and politically conne...

Non Compliance - impediment to growth

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Thought for the day "I have found that, in the composition of the human body as compared with the bodies of animals, the organs of sense are duller and coarser. Thus, it is composed of less ingenious instruments, and of spaces less capacious for receiving the faculties of sense." —Leonardo da Vinci (Italian, 1452-1519) Word for the day Avarice (n) Insatiable greed for riches; inordinate, miserly desire to gain and hoard wealth. Malice towards none BJP and Congress are the same side of the same coin. It is just that BJP is currently in its Indira Gandhi (1971) phase, and Congress is BJP of 1984. I just dread to imagine "what would be the Ram Temple" for Congress revival? First random thought this morning In spite of all the reforms in energy sector, and massive reduction in petroleum product subsidies, and high dividend policy, ONGC stock price is down about ~30% from its 2014 highs. At t...