World-Me-My viewpoint

Please see below my post on 5th June 2011 captioned "Why Baba Ramdev quest for eradication of black money fail? Here is an article by Mr Swaminathan Iyer in Economic Times today which says the money is in the system. Read the article here http://economictimes.indiatimes.com/articleshow/8908974.cms

Of late the most favourite and hottest topic among several bloggers from Andhra Pradesh, India is the demand for the separate Telangana state. Some of these bloggers started sounding similar to the political leaders from the region they are from like either Telangana or Seemandhra. This nomenclature again is from the political leaders of Telangana. But those leaders themselves are not exactly clear who will be the people of Telangana and the outsiders. Mr. KCR uses one way of identification one day and something else another day. Some other leaders use the sons of the soil concept. But again there is no clarity among them as to who constitute the people of Telangana. It is a fact that after the betrayal of the separate state movement by Mr. Chenna Reddy in 60s, many people from the erstwhile state of Hyderabad (whose districts form Telangana) started moving to other parts of Andhra Pradesh or had family relations through marriages to other parts of the state. Many of the leaders of Tel...

In general when we talk about stock markets and market indices, we mainly talk about those belonging to the matured markets like USA, UK, Germany, France, Singapore and Dubai apart from those of China, India and to certain extent Australia. However there are still some more markets which are at the nascent and developing stages like those in Africa which may give good returns over the period. One such market is located in Uganda. The Uganda Stock Exchange has started full fledged operations in a screen based environment recently. Though the exchange currently has only 7 stocks listed on it plus several cross listings from Nairobi Stock Exchange there is a good opportunity for its further growth with the creation of East African Trade Block consisting of Kenya, Uganda, Tanzania, Rwanda and Burundi. The stock markets are functional in Kenya, Uganda and Tanzania. There was one IPO so far from Rwanda and one more is expected during this year. Though these markets appear to be very...

Don't treat me as a pessimist or a supporter of Black Money. However in my opinion this fast of Baba Ramdev may not succeed though it may show some promise like the earlier quest Mr Anna Hazare's fast for brining in ministers and prime minister under the purview of Jan Lokpal Bill. This bill is now mired in the political double speak and unless Mr Hazare has the power to fight again will have a natural death or will not be introduced in the parliament in the coming few years. Coming back to the quest of Baba Ramdev, last night the Delhi police arrested him. Now the reasons according to me why this quest will fail unless concrete steps are taken by people and the government. First of all let us recall the famous words of Mr Jawaharlal Nehru around 60 years back stating that the corrupt people should be hanged from the nearest lamp post. Corruption is the first step for amassing the black money. The government has created several organisations like anti corruption bureau...