June 24, 2011

Just today the great petroleum ministry has decided that if you dont have ADHAR number, you dont deserve an LPG cylinder. There are many goods and evils in this decision as usual.

Normally distrubuters show fake customers and sell the cylinders at a price difference of 50 to 150 INR to other customers and this would bring an end to it. The problem is, genuine users would be forced into problems.

You go to go stand in the long line, get 10 finger prints, IRIS scan and after that you are not sure how safe your personal data is!!! Since its given to a 3rd party for implementation, we dont know if the data entry operator can cut a CD with 150 names of the street and sell it for 150 INR!! How safe are with with personal details falling into criminal hands?

Future is indeed network based but should have enough safeguards before jumping on to the bandwagon.

The ADHAR is a poison coated apple!!


Killers on the roll…

September 24, 2009

A recent bout of chicken guniya for the entire family, the frequent visits to doctors of all sizes, specialization including my sons 3 day admission to hospital and lots of money down the drain later…. have learnt some wisdom to share with people around

1. Keep washing your hands repeatedly with any ordinary soap – dettol etc are not required. This will ensure most of the virus/bacteria get removed. Anti bactirial require you to have your hand soaked for atleast 45 seconds to start work.

2. Avoid touching your eyes, noes, ears, mouth unless its sanitized as in step 1.

3. Stay away from people with Cold / Flu symptoms. I do not mean to make them social outcasts but obviously you can stop the spread of the germs. A one meter distance is required to be maintained.

4. Stay away from crowds, ensure your presence only when absolutely required.

5. Use a musquito net and ensure surroundings are clean

The above practices can save you from many diseases which are on killer prowl like dengue, Influenza A, Malaria, Filaria.

As a family we have not yet recovered from Chicken guniya and is antogonizing for a simple musquito bite, one has to endure pain for unlimited months and there are no medicines to control or alter the same till god intervenes.

World Environment Day and the Petro hike

June 5, 2008

What a climax to see both the events happening parallely!!!

On one end, the greedy human beings are polluting the mother earth in all forms possible. This is affecting the health of the poorest poor of the earth including the weekest of week – woman and children.

The petro product hike in terms of petrol, diesel would definetly make the common man walk the already walked extra mile while the rich still guzzle and pollute the environs.  From now onwards, we would see the journey of these products go north while the common man skips meals ( no Gas beyond 8 cylinders you see), walks, bycycles.

Already these disparities are showing up and people are getting impatient – a civil war is definetly on cards unless the have’s start using the scarce resource properly as intended.

All of us need to protect nature so that she in turn can continue protecting us

Cricket team for sale…

January 25, 2008

The high profile cricket has been sold to some leading star walts like Ambani, Mallya some actors like SRK, priety zinta…

The amounts invovled are quite staggering – some stupid US$ 119!!!

Even at the  lowly rate the US dollor is trading this is a few crores!! Imagine what would happen to this legal – white money ( Remember the money is coming from top industrialists and actors) next?

Guess is BCCI will fill up its coffers and in an yet undisclosed scam, these monies would be sifoned off by sharad and gang. Otherwise prey tell me where all the money has gone that has come BCCI’s way all these days? Dont tell me you spent it on charity please.

Even if the great people instead of sponsoring this stupid match, donated it to some NGO’s active in rural india or even setup infrastructure to handle medical emergencies, schools – that is meaningfull expenditure but this is waste of resources.

Citing the global village, only the indian army is next up for sale er sponsorship. Today SRK has stated that he would like Ganguly to be the captain. Continuing the same logic, the army would wage a war on USA just because a radical sponsored the same!!

As a last parting shot, can BCCI atleast enmark some funds for upgrading the Indian games like hockey, kabbadi et all?

Governor and the Speed governor

January 24, 2008

The lorry lobby has been going ballastic against the governments order to implement speed governor in all transport and commercial vehicals aka control less demons. They have sucessfully held the governor – Rameshwar takhur to accept that it will be implemented only for new vehicles 2 days back.

They are back with bang in news and have given the next ultimatum. If the governor does not remove the order for new vehicles, they are back to strike from march 31st midnight.

The argument goes like this – ‘we had approached the High court regarding speed governors and is yet to be decided by HC so, it has to be in abyence till a decision comes’. Who can ignore a statutory body like HC?

But dear lorry wallahs, you have not hade the same heart when the ruling came from Supreme court stating all transport vehicles should have this control? It was the ultimate directive under which you ignored citing reasons which amounts to contempt of court?

You guys make the best folks for becoming politicians!!!

After multiple deaths in road accidents due to rashly driven, unmaintained and over exhausted transport vehicles, the SC gave the directive to all states. Kerala was the first to implement and back track. Karnataka has followed suite.

The major points against this ruling is the cost of a speed governor ( like helmet fellows making money, these traders are also into the same money making business) and bad roads.

Another few days when coolies will go without work and food ; common man will go without petrol, vegetables, medicine while the lorry owners relax!!

Tragedy – A true story

January 23, 2008

Even though would prefer to share lighter moments of life, some times – true brutal reality shakes me up. Here is a true encounter with reality that happened 3 days ago.

Vadiraj was a cheerfull bubbly kid, the youngest son in the family of father, mother, elder brother, and a doting grandmother. He used to come and play with my junior quite regularly and had been diagonised with child hood asthma.

Only his father earnes a  salary to support to the entire family as a bank cashier and some amount of ignorance as in any normal house hold regarding  lifestyle  diseases like asthma,BP or diabetes  was true to this household too.

Suddenly one day last july his asthma increased and was admitted to hospital. We were shell shocked except me who was allways telling their parents to give him quick relief medicine ( inhalers from the english medicine stable) but the parents constantly took him to an ayurvedic pundit. He stayed in the hospital ventilator for near 1 month after which he was discharged as father had alrady run loans worth 1.8 lakhs in treatment and he came back in an Ambulance with an oxygen cylinder!

We all breathed a sigh of relief as he had escaped death, as asthma kills a person in less than 2 minutes or precisely lack of medical facility can kill in 90 seconds for a boy of 10 years.

We visited him as he was our opposite house neighbour and we do not differentiate much between him or my own junior and advised them to take him to the specialist in manipal hospital.  The parents took him after much cajoling ( One visit consultation charges are 500 Rs) and the consultant reviewed his case and said that he is suffering from not just asthma but COPD ( Compulsive obstructive pulmonary disease) which would require at least 2 operations to get his lungs back in shape as he was quite young.

The parents were aghast at the costs invovled and unilaterally decided to get back to their ayurvedic medicines. It was a torture for me to personally see the kid wheezing and suffering to take a single breath.

Suddenly day before yesterday he again had a bad asthma attack and was admitted. Doctors put him on ventilator ( artificial breathing apparatus). My spouse called me yesterday noon and said “Vadhi – expired!”.

It was a shock as the doctors described that due to excessive pressure on the lungs, the windpipe ruptured and he breathed his last.

I just could not see the inconsolable parents

In India we have thousands of these kinds of deaths where technology, treatement everything is available only out of reach of 80% of the people. If only these were in the available band to those parents, a life could have been saved

Alas, in democracy the rich keep getting richer and the poor keep getting poorer,

After some time the poor all die only the rich live

Thank You – IRDA

January 18, 2008

Even though the new year gift of SEBI got popular limelight regarding abolishing of loads, the media has totally forgotten the other gift given by the Insurance Regulatory Authority of India ( IRDA) as a directive to its investors.

There has been opinions poles apart on the the SEBI while investors like me felt happy, some people did think that the order was bad and Government should NOT interfere in market plays.

If one goes back and tries to understand how our developing markets have reacted to securities industry it has been full of harshads, ketans etc. Based on those findings, these regulatory bodies have been set up so that the private congloumarates dont fool the general investors.

But definetly the SEBI and IRDA has recieved complaints by truck loads before which they took up this twin actions!!! Anybody is free to challange their decisions and SEBI/IRDA has enough proof of the misdeeds of its industry leaders aka agents.

IRDA has made it mandatory from this year that every ULIP or unit linked insurance plan should give a fact sheet detailing how much charges, the company would deduct before investing to generate income for the insruced investor.

The investor has to sign on that document and a copy of that should be kept with the investor.

In otherwords, the industry tries to and has sucessfully cut anywhere from 17% to 70% in cases as different fees without much knowledge of the investor!!! The poor investor only got to know about the cheating after a couple of years.

When 90% of the industry experts have one sentence of advice to offer – “Never mix insurance with investment”, the agents lure investors about future safety and intentionally forget to tell about loads.

Compare and contrast this 17% to 70% in the initial 3 years in a mutual fund, where a charge of 2.25% is the norm!!!

Definetly the AMC’s touting these ULIP’s will come up with other methods of cutting their pie but investor beware and continue to complain to the regulators.

The bottom line is quite evident You can fool some people some time; but not all people all time.