AdminsRaj

What is an office of profit? अथार्थ वह ऑफिस जिसमे आपको कुछ फ़ायदा हो रहा हो।  Actually, there is no such concrete definition of the office of profit. Even constitution is silent on this aspects. This has been a very debatable issue for many decades. People's President APJ Abdul Kalam had also raised this issues which inflicted the moral conscience of the countrymen due to the misuse of public money and adding or deleting the list of office of profit for own whims and fancies. This debate came to light again and the question was raised that can an MP/MLA practise another profession. For example, Shri Kabil Sibbal is a lawyer who happens to be a Member of Parliament. So is it ethical for them to obtain the monthly benefits which are around Rs 2,74000 per month?  Well in my view it is not ethical because: 1) This is public money. 2) The position can be misused for private benefits thus undermining the public interest. For instance, lobbying for any private firms or even d

The recent comment of Honorable President that Buddhism was the first true form of globalisation is very significant in every form. This is because Buddhism was most acceptable to every common people irrespective of their class, status. It didn't have had any stringency in any rituals, rules. In fact, even Buddha objected to being called anything as god thus freeing every human to follow his/her path. I would call this as one of the earliest forms of ' Ubermensch',   thus freeing every soul from any kind of the obligation and at the same time saving them from any kind of existential crisis. Needless to say that Buddhism shows an Administrator to choose his/her own path in the matter of Administration. For instance, when any crisis of conscience come in administrative decision making and s/he has limited time and resources. Like in the matter of riots, violence and maybe an Administrator has to choose between killing or not killing. Whatever decision s/he may choose mus

British ruled us for almost 200 years, came as the trader and went on to become the Ruler. What's the takeaway for Indians from this long endeavour? It is the British way of administration which is perhaps the greatest thing they can give. Some of them are: 1) Codified Rules and Anglo-Saxon law 2) Land Policy 3) Tax policy 4) Unified Administration, Civil service 5) Bringing new technology, infrastructure like Railways, Telegraph 6) Police: law & order 7) Legislation, limited adult suffrages, path to democracy 8) Market Economy, private ownership 9) Municipal corporation, Urbanisation 10) Industrialisation 11) Education: English, Science, Humanities etc., Press, universities 12) Social Reforms like Sati, child marriage, widow remarriage etc. There is more such contribution of the British. But the question arises, Is India today as the rising superpower because of these inherencies from the predecessor or despite it? In order to arrive at s

Current Account Deficit(CAD) is an economic term where country's import exceeds the exports. So I was going through few of the data from tradingeconomics.com, where I found some good Insight which I would like to share with you all. So during CAD, a home country purchases the more goods from the foreign country because: 1) Either a home country lacks enough resources to produce. 2) Or a home country lacks the Skilled and efficient workforce to produce more goods in the International market. Both the reasons are general but there can be third reasons too which the country is saving its limited resources for future. As per the recent report, India's CAD is expected to touch $40 billion, or 1.5 percent of GDP(Nomura report), which is the huge number. Now the question is that what we import? Basically many things but the major portion is crude oil from Gulf countries like Saudi Arabia. Now this means that Saudis are depleting its limited oil resources while India is c

A couple of months ago Government of India has had introduced the Financial Deposit Resolution Insurance bill which is envisaged to replace the activity of Deposit Insurance and Credit Guarantee Corporation (DICGC). Background: Earlier DICGC was supposed to provide the insurance of up to 1 lakh Rupees for the depositors, in case of any 'Bank run' kind of situation. Now, what FDRI bill offers for the depositor? Will it be different from DICGC?  FDRI brings two important things: 1) Resolution Corporation   2) From 'Bail out' to 'Bail in' Let me explain here: Resolution Corporation would constitute of the eminent experts(Specialist in Finance of course), who would monitor the condition of the firms based on a certain parameter which is: a) Low-Risk b) Medium Risk  c) High-Risk d) Imminent Risk   e) Critical This risk refers to how financially secure any firm is? When the clock parameter clicks the Critical then this Resolution Corpora

I would like to talk about the current burning issue on Rohingyas in Myanmar. Few question which pesters me. 1) Why Rohingyas are being ill-treated by the democratic country Myanmar? 2) How can we ensure that Rohingya's future generation be secure? Well to answer that, we must first go back in the history. In 1948, Myanmar gained independence from British and swiftly followed the democracy. But it was not very long, until 1962 when Military Junta government intervened. The democracy is one of the toughest ways to ensure stability in a short run, and so this Military rule necessitated due to enormous ethnic, religious tussle within a country. Rohingyas were one of such people who enormously suffered. Also, India-Pakistan 1971 War lead to many migrations of people in the people from Bangladesh to Rakhine state which further increased their number. But there is no denying this fact that Rohingyas were already living in Myanmar due to old British empire history. There is one