Thursday, June 30, 2011

Whose line is it anyway?


Amidst the snow capped mountains, beautiful valleys and sparkling rivers lies an electrified 550km long fence along the 740km line which happens to be one of the most disputed regions man kind has ever known – The Line of Control. Over the years, millions of people have been displaced from the surrounding region making it a humanitarian crisis.

History of the Kashmir Issue:

The day was October 25th 1947 when Maharaja Jari Singh, the ruler of the princely state of Jammu and Kashmir signed the Instrument of Agreement with the Govt. of India and chose to accede to India, and then Kashmir started claiming lives. Following the insurgency by the Pakistan militants and the tribesmen in the region, the National Conference worked with the Indian Army and this resulted in the first Kashmir war.

Violations of the UN resolutions:

In 1948 India moved the issue to the United Nations which brought a resolution stating that Pakistan would have no say in Jammu and Kashmir politics, India would retain a minimum military presence and the final disposition of the State of Jammu and Kashmir will be made in accordance with the will of the people expressed through the democratic method of a free and impartial plebiscite conducted under the auspices of the United Nations. India and Pakistan both agreed to the resolution but Pakistan didn’t withdraw its troops from the region.

Indo-Pakistan wars over Kashmir:

1947: The war ended resulting in the implementation resolution 47 by the United Nations and the Cease fire.

1965: Pakistan tried to infiltrate into Jammu and Kashmir and India responded strongly resulting in the largest tank battle since world war -2 and this ended with the UN ceasefire.

1999: Pakistan’s attempt to infiltrate into the Kargil region was foiled by the Indian army.


Terrorism and infiltration:

When Pakistan forces’ repeated attempts to invade the region were foiled by the Indian army, they turned towards militancy. Infiltration started right from when Kashmir chose to be a part of India and since then, the militancy has constantly increased resulting in unrest in the valley. Thousands have been murdered in the name of Kashmir; the Parliament attack and the recent terrorist attack on Mumbai shocked the world. The whole world is aware of Pakistan and ISI’s link with the terrorist organizations and yet we all have failed to dismantle the terror network.


Solutions:

1. The terror network in Pakistan has to be dismantled by the international community and we need to move a little ahead of the diplomatic ways.
2. Pakistan has to start focusing on peace and development. The issue cannot be resolved until they agree to the fact that terrorism is sponsored on their soil.
3. India has to realize that Pakistan is going to be our neighbor no matter what the crisis is. It should talk tough on terror and bring in International participation in dismantling Pakistan’s terror network. Development of Jammu and Kashmir should be the key focus of the Govt., not on paper but on the ground.


Hopefully at least after these critical tasks are completed, everybody starts considering the Kashmir’s voice and give back its lost identity. Over the years, millions of people have been displaced; thousands have lost their lives because the generations before us chose cultural and religious interests over growth, peace and harmony. We have lost our finest men on the front fighting wars but justice is still not done to them. Hope peace prevails.



** - I have tried to include a lot of facts rather than giving my views because I believe that it is only the Kashmir’s voice that should be heard and the rest of us should stop debating when it’s not helping the situation.

Wednesday, June 22, 2011

The architect of Indian Economy


The economic policies of our country can be placed under two major categories, the pre-Manmohan Singh era and the post-Manmohan Singh era. Amidst the haze of India’s economic growth and its strong influence over the world economy, we seem to have forgotten the silent, humble and the highly educated economist who laid the foundations for India’s economic growth.

The Pre-Manmohan Singh Era:
During the initial years of independent India, the economic policies were framed mainly based on the Soviet Union’s economic structure. The five year plans were framed on similar lines. The colonial exploitation of the resources and wealth from this country had a great influence in provoking the policy makers to follow the lines of Socialism and protectionism. Most of the key industrial sectors such as Automobiles, Mining, Telecom, Power, and Manufacturing were nationalized in an attempt to make Indian economy self-sustainable and minimise the influence from other world economies. Regulations and rules for obtaining licences for the industrial sectors were very stringent and they were controlled indirectly by the central government through the state governments. There have been cases where the manufacturers had to obtain permissions from about 70 agencies and yet the state govt. would decide the source of capital and control the process. The era has also witnessed a record taxation of 97.5% on the industries during 1970s.
There is no doubt that our grievances against the British Empire had a sound basis. As the painstaking statistical work of the Cambridge historian Angus Maddison has shown, India's share of world income collapsed from 22.6% in 1700, almost equal to Europe's share of 23.3% at that time, to as low as 3.8% in 1952. Indeed, at the beginning of the 20th Century, "the brightest jewel in the British Crown" was the poorest country in the world in terms of per capita income.
–Manmohan Singh


The Crisis:
The stringent reforms and the stubbornness to keep the industrial sectors under the control of the central govt. took a toll on the economy. The growth rate of India’s economy had reached a low of 3.5% by the year 1991 and India was almost bankrupt by then. The bailout by the International Monetary Fund came at a price – Rupee was devalued and economic reforms were forced upon India.
The Architect:
Manmohan Singh was born to Gurmukh Singh and Amrit Kaur on 26 September 1932, in Gah, Punjab, now in Pakistan. He got his bachelor's and master's degrees in 1952 and 1954, respectively, standing first throughout his academic career. He won the Wright's Prize for distinguished performance in 1955 and 1957. In 1997, the University of Alberta awarded him an Honorary Doctor of Law degree. The University of Oxford awarded him an honorary Doctor of Civil Law degree in July 2005, and in October 2006, the University of Cambridge followed with the same honor. In 2008, he was awarded honorary Doctor of Letters degree by Benaras Hindu University and later that awarded honorary doctorate degree by King Saud University.
The Post-Manmohan Singh era:
P.V. Narasimha Rao was the prime minister in the year 1991 when India was facing one of the worst economic crises. The entire policy structure had to be changed and the pressure from IMF to remove ‘Licence Raj’ was adding to it. This was the time when then the expertise and the experience of Dr. Manmohan Singh was sought and he was made the finance minister. His challenge was not only to get the country out of the crises, but also lay the foundation for liberal economic reforms in the country.
When he approached P.V. Narasimha Rao with the liberalization policies, he was patted at his back and given the freedom to implement his ideas. This was a significant point in history as the forty year old custom of protectionism was suddenly overturned and the gates of the Indian economy opened to the world. One of the key steps he took was to move most of the industrial sectors from public to private sector.
When the historic budget of 1994-95 was presented in the parliament by Manmohan Singh, the world turned its eyes towards India. The taxation was reduced, foreign investments were encouraged and the privatization of the industries was suggested in the budget. This phase of economic reforms is referred to as the ‘Economic liberalization’.
Since then it’s been a success story. Today we are the 10th largest economy in the world in terms of nominal GDP and 4th largest in terms of purchasing power parity. We have continued to grow and change the economic equations over the years.
Manmohan Singh may not boast about his work during the political campaigns or interviews, but the fact remains that he is the architect who laid the foundation for building this country. Until we have such fine men leading from the front for this country, we can be assured that our economy is in safe hands.

Thursday, May 19, 2011

Games Indians Played

Just a month ago I was out on a family get together at a resort near Bangalore and had a tough time consoling my six year old niece. Guess why? Her crops were getting destroyed on her farm and she wanted to harvest them. I didn’t complain because even I was worried about my farm. Yes!! I’m talking about the facebook game that made it to the Time magazine’s ‘50 worst inventions’ – Farmville.
It is an interesting phenomenon how the digital media has revolutionized games and toys in this country. When I grew up during the 1990’s i.e., the gilli danda generation, sports was very real and the spin of a simple mechanical top or the buguri made me feel on top of the world. It really didn’t matter if you were a bad athlete or had bad a memory, there was a game just to suit you. Hopscotch, Hide 'n Seek, Checkers, gilli danda, lagori, chain cut, dabba, lock and key, chocolate box, the list goes on. And if you are bad at all of these, never mind because there are trump cards where you don’t have to lose all the time.
Back then most of us didn’t have a great deal of money and the concept of pocket money was just budding. We made toys with things lying around our neighbourhood; sticks, leaves, stones – these were enough for us to invent a game. Just think of your childhood for a minute and you will realise the massive change in the attitude. When was the last time you saw kids playing with marbles or the skies filled with kites? Have you seen any paper boat sailing on the water-filled potholes during rain recently? The hectic and mechanical lives of ours are being reflected in today’s toys.
The pressure of work, studies and career are taking a toll on us these days. Children no more have the time to mingle with their neighbour’s kids as every child is busy with cricket coaching, tuitions or playing games on computer. Just when we thought virtualization of sports was rampant another hindrance arose – The facebook addiction. The kids these days are busy sending poker and black jack requests to their friends on facebook and hence have no time to play with rock and paper.
People's perception of gaming has changed in the last few years. It has gone from being a product for a cult group to a lifestyle product. India’s video-game console market has grown to $125.4 million in 2010, rising at a growth rate of 75 percent from $13.3 million in 2006.
Somebody said I know my great grandfather existed because I believe he did and I’m afraid my kid would not believe that if he doesn’t find my great grandfather on facebook. Ironic it may sound, but it’s true.
Looks like we can never bring those games we played back to life. It therefore becomes my moral responsibility to remind all of you and document the games we played.

Wednesday, July 8, 2009

Tadiyandamol trek - Coorg trekking


Level: Easy to moderate(In spring and summer)

Moderate(In the first two weeks of july - heavy rains)

Rainfall: About 15-20 times heavier than the heaviest rainfall in Bangalore. And it rains 24hrs. a day.

I've done some of the toughest treks including the ones where I was attacked by a Gaur, got lost in W.Ghats, encountered lots of wildlife, stayed in the jungle without kerosene n food for two days n lots more. But this one doesn't have any experience like that yet its very different from all the previous treks. It was a proper monsoon trek.

We started from Bangalore at 11:30 pm and reached Virajpet(Coorg) at around 5'O clock in the morning. We then walked to the private bus stand n caught a bus to Kodikeri----> Kakkabbe n had our breakfast there and reached the base camp by around 10:30 am. The localites told us not to go for the trek coz the rainfall was at its highest n the path was converted into streams. You might have known about this through the news channels that people travel in boats in Bagmandala n stuff. But all of us had just written our 6th sem(VTU) exams and hence were desperate to achieve something :P
We started our trek from the base camp and walked along the path. It was raining heavily and the leeches had a treat. The path was covered with flowing water and it was up to knee-level in most of the places.


After walking through the terrain for sometime, we met a group of trekkers who couldn't complete the trek coz the route was completely blocked. We continued our trek and after sometime we reached a pond.! Yes..a pond was formed on the mountain n there seemed to be no way forward. Probably those trekkers whom we met on the way were talking about this point.

We followed the stream flowing out from there..it narrowed down at some point n we crossed it n walked through the elephant grasses. Remember this place is abundant with the Pit vipers n many poisonous creatures. We saw a trail soon n followed it and reached the peak by around 1:30 pm. But we couldn't stay there for a long time coz the rains were pushing us down. We then walked to the base camp(aramane) at around 3:30-4:00 pm and reached kakkabbe in an auto. After having our lunch there, we took an auto to Napoklu n stayed in a room. Next day at around 2:00 pm we took a bus to Chendanu n started walking towards the Cheluvera falls. Let me tel u this isn't a v famous place n hence very few people visit this place. After walking for sometime along the road, a jeep stopped by us n offered us lift. The hospitality of Coorg is comparable to that of Uttara kannada. Its just too gud. We reached the water falls n it was Awesome..It cant be expressed in words. Whats more interesting is there is a govt. primary school next to it n they told us the children walk at least 10-15 km. a day to the school.!


After staying at the base of the falls for sometime, we trekked to the top of it and we were shocked by what we saw. There was an abandoned house where people don't stay for 3 months during the rainy season, a farmland n a mighty mountain in front of it.! We never thought such a place could exist there. We had our lunch which we'd got it parcelled from Napoklu n somebody walked towards us from the mountain. He told us that mountain was Somangund, the second highest peak in Coorg and you would reach Kerala if you trek for about 10km. from there. But its a thick jungle n the chances of reaching Kerala are very less.





We walked back to Chendanu and caught last bus from there to Virajpet n reached there by 7:00 pm. Our bus was at 10:15 pm n hence we decided to roam around the town..Its a pretty small town. So we roamed the place thrice n had food at every eat-out there. The best part of the trek was rains and the worst part was too much rains.

If you r doing this trek in the end of July or in Summer its not difficult but still I would suggest you to try this place. Its really worth it.!


-Vishwas.V

Team members:

Name: Vishwas. V
College: DSCE (BT)
Age: 20

Name: Nitin. G
College: BNMIT (EC)
Age: 21


Name : Vinod.R.M.
College: Don Bosco(EC)
Age : 21


Name : Pavan.Y.
College: KSIT(Mech.)
Age : 21

Monday, June 1, 2009

Light at the end of the tunnel - Dudh Sagr trek.!

This is a trek which we completed many months ago but I now finally got time to write about this amazing trek. After completing some twenty treks..most of it in the Western Ghats, we felt we had to do a different kind of trek and we decided to go on a railway track trek to Dudh Sagar which lies in the Karnataka-Goa border. We had no idea about the place n stuff as none of us had done this trek before. We searched for information about this place on net and booked our train tickets to Castle rock from Yeshwanthpur. We were five of this time and played rummy til late night during our train journey. At around 3am we reached Castle rock and got down with our backpacks. We then started walking in the pitch dark along the railway track and through the tunnels and paved way for the fast incoming trains. After some two hours we realised we were missing out the scenery and decided to sit in the tunnel and have our early morning breakfast. For those of you who don't know about the location let me tel you this place is a heaven. It lies amidst the thick jungles of the Western ghats and the track follows a hell lot of tunnels and old slippery bridges. There is no roadway in this place. At the beginning of dawn we could see things clearly around us n trust me I cant explain the beauty of the place in words. For those of you who love photography this is the place to be.! We walked for some three hours from then and at around 8:45am we reached Dudh Sagar station..Its just a platform where trains exchange tracks. We couldn't find anyone there and we had no idea how to reach the falls but we could hear the roaring water. Then we spotted the Station master n he told us there was no train that day in that route and we'd to walk all the way to Madgaon(Goa). We were already tired and thought we would first sort out this issue n then go to the world famous falls. He then contacted the Castle rock Station and found out that a Goods train had just left Castle rock and that it would reach Dudh Sagar in sometime. We then dropped our backpacks there and walked to the falls. It was Amazing. It is one of the biggest water falls in the country and the water actually falls on the track near it.! We screamed out of joy to our limits but sadly couldn't stay there for long as we had to run back to the station. The Station master told us ways to get a lift in a train. We went n stood at the place where the engine was supposed to stop n got ready with our backpacks. The train arrived in sometime n we used the tricks taught to us by the Station master..i mean we had to salute him first n speak to him in kannada n tel him we were students..Guess what it worked.! We actually got a lift in the four-engin long Goods train and for the first time in life I actually got to travel in the engine..It was an awesome experience.! The train then passed by the falls n the water splashed on to us..n passed through some strange stations actually platforms like Sonalium n stuff. It seemed like we were in some radioactive site..lol.! The train travelled at around 20km/hr speed coz it was a Goods carrier n we were in the Ghat section. The driver moved the train only using brakes after he accelerated at the Dudh Sagar station. We reached Madgaon at around 12:30..it took three hours to cover just 40km. by train.! But anyways thanks to him that offered us lift. I then thought of paying him something n went to offer a 100 Rs. note n he blasted me for it.! How nice.? I'd never thought that somebody wouldn't accept money for that great help. He then guided us to reach Panjim from there n went to the office. By then none of us were in a position to walk n we caught a passenger train to vasco. We were very lucky to get a lift or else we had to walk 40km. more that would have been more than 65km. in total. After that we reached Panjim n I guess no need to write from here:-)

- Vishwas.V

Team members:

Name: Vishwas. V
College: DSCE (BT)
Age: 20

Name: Nitin. G
College: BNMIT (EC)
Age: 21

Name: Pavan Acharya
College: BMSCE (IT)
Age: 20

Name : Vinod.R.M.
College: Don Bosco(EC)
Age : 21


Name : Pavan.Y.
College: KSIT(Mech.)
Age : 21



video

Saturday, May 30, 2009

My footsteps into the Indian Stock Market..



On Jan 19, 2009, I got a good business and earned some 15k in that week. Two weeks before that..to be precise on Jan 9th the Corporate India was in for a shock coz the markets didn't seem to recover soon. It was the 7000 crore Rs. Satyam fraud. For those who didn't understand economics, the newspapers were just a piece of crap coz there was nothing other than this news. The Stock Markets had collapsed and the investors had lost faith in the stocks. Just check out these figures:

Satyam Stock lost 77% of value and is ended the day at 40. 14 crore shares were traded in the BSE Sensex while 33 crore shares were traded in the Nifty.
On December 16, when Satyam Computer Services (Satyam) declared that it wants to buy Maytas, it triggered investor activism, forcing the software giant to retract.
Buoyed by the power of shareholders, fund houses started stocking up the company’s shares, lured by its strong balance sheet and cash reserves of Rs 5,040 crore. Fund houses, including HDFC Mutual Fund, Tata Mutual Fund, ICICI Prudential Mutual Fund and a host of others, hiked their stakes.

For instance, ICICI Prudential mutual fund bought another 35,00,000 shares (314 per cent) and HDFC mutual fund bought 54,00,000 shares (106 per cent). Others like Franklin Templeton mutual fund added 17,28,000 shares and Tata mutual fund bought 2,65,000 shares of the now-tainted company last month.

On Jan 09,2009 the share value reached an all time low of 11.50 Rs. By then the markets had lost about 2,600 crores. But this had kept the people on their toes and so was I. By the time I got my money for the business, I knew the moment had arrived. The share value had increased to 48.75 Rs. per share and it was on Feb. 6th,2009 I first entered the Stock Market. It wasn't a big risk that I took coz it was a long term investment for me. And now with Tech Mahindra taking over 38% stake in satyam I'm hoping the Share value goes up and I dont have to turn back.

Basic rule in stock markets:

Never hold even a single stock when a fraud is broken out in a Company. Exit immediately even with big losses. That's why Swiss Finance exited from Satyam with Rs 500 crore losses. That's why Aberdeen Investments exited with more than Rs 1,000 crore losses (estimates).

Thursday, May 21, 2009

A humanitarian crisis



Well.! I'm not talking about our own economy or the global economy and the recession factor. This is about the country miles away from all economic clusters, a country that has lost its way out o the political turmoil, a country where more than half the population dont have access to proper food, sanitation and health care is in the worst possible state. Yeah.! I'm talking about another African country - Zimbabwe. This is the country that houses the 'Victoria falls' and an amazing wildlife. It was once called the 'Breadbasket of Africa' but there are no more breads in the basket. Just take a look at these figures:

In 1983, USD $1= ZWD $1
In 2000, USD $1= ZWD $1000
In 2003, USD $1= ZWD $100,000
In 2006, USD $1= ZWD $500,000
In 2008, USD $1= ZWD $18,700,000,000
If you all remember, a few months ago in India the inflation figures rose to about 11.42% and there was panic seen clearly in our stock markets. Well.! U got to look at this - The inflation in Zimbabwe as of today(22 May,2009) is about 231 million percent. Today only about 6% of the population is employed and 8 out of 10 people in the country dont get one proper meal a day. You have people moving with million and billion dollar notes in their pockets but cant spend it coz it has absolutely no value. Inspite of all these problems there is very little aid available to this country from the major countries and also from the United Nations. Its an emergency situation for which the solution is simple but needs the involvement of the global community.
I won't go into the history but I'll brief you a bit about the history as it is important how the problem started.
Robert Mugabe, who helped end the white rule in Zimbabwe has been the President since 1980 and from then its been a one man's country. Mugabe's reputation has plummeted from an African liberation hero to a despot, who has ruined his once-prosperous country. The elections in the country is no more free and fair. Voting for the opposition could cost your life. The Police are themselves involved in looting the banks and markets. One of my cousin who recently went there was telling me how difficult it is to even walk on the streets. People come and rob you of any and every stuff you have. But you cant blame them either. When the govt. isn't providing any employment oppurtunities this is the only way to earn. The African Nations isn't doing anything coz most of the leaders consider him as a freedom fighter. A refugee crisis has stuck the neighbouring countries, China is donating weapons to Robert Mugabe and the United Nations is doing very little to solve this problem. Robert Mugabe is still the President. I think its peak time all the responsible countries of the world come together and bring down the political structure of this country and save the direct descendants of Adam n Eve, more importantly value the human lives.

"Welcome to Zimbabwe"