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Knowledge centre for MBA students. |
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Current Events -
Reactions of An Indian All the current news during past few weeks - Socio,
Economic, Political etc., have disturbed the author of this article, like any
average Indian. There is no news, which is good news. This may be the new
Millennium greeting for an Indian citizen from all pockets, thanks to Indian
policy makers and politicians. I have my views on few selected news items. Reduction of Interest Rates for
Public Provident Fund The recent decision of the Finance Minister to reduce PPF
interest rate is a retrograde move. Despite being a poor country, India is
seen as remarkable in public savings. Which amounts to 20 % of GDP. The
public savings play a vital role in financing mega projects of the Government
of India. Though this latest move may bring a savings of a few crores of
rupees on interest payment, in the long run it will turn out to be the story
of the man killing the golden goose. Tamil, as an Instruction Medium Making Tamil compulsory, as the medium of instruction up
to 5th standard is fraught with linguistic dangers. No doubt it will enhance
the language and its usage. But in this cyber world where still a majority of
universally accepted terms are yet to find a Tamil equivalent, this move will
seriously harm the students. There is nothing wrong, but one cant close eyes
to reality. Tamil being in existence for well over 5000 years doesn’t need a
tag of compulsion to grow or spread. Moopanars Move The recent decision of the Tamil Manila Congress to align
with AIADMK for the February by-elections only reminds us of the old saying
Politics makes strange bed fellows. Whatever excuses Moopanar may throw to
justify his decision will not hold water since the very birth of his party
was against Jayalalitha. So now will TMC ultimately merge with Congress (I)
since the major alliance question is now settled or is it Moopanar postponing
Kamraj rule another time, another day. Well, time will tell. Oh, The Land of Gandhi The recent decision of the Gujarat Government to allow its
employees to become RSS Members is the biggest shame in secular India. To
happen in the land where father of the nation Mahatma Gandhi was born is even
still a bigger shame. When there is so much to be done for the people,
wasting steam on a small issue does not serve the purpose. To encourage the
growth of RSS there are other means, but god saved the country, what if the
rule was if you’re a Government employee, you’re automatically a RSS member? Flyovers or Fly Over? The recent news item announcing the inauguration of two
flyovers in Chennai by Tamil Nadu Chief Minister of February 5, makes the
average Chennaite let take a deep breathe, because almost 75 per cent of the
population has been affected by the flyover construction. Doing it at 7
places simultaneously made one wonder whether it was better to fly around in
Chennai rather take the road! So much inconvenience has been caused, but the
average Indian silence has gulped it all. Is it going to solve the problem?
Or, will it accumulate traffic from one point to another given the statistics
of 500 vehicles being added everyday on Chennai road. For the
People, By the People, Burn the People? The recent horrific crime of burning three teenaged |
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