EveryMatter

All public sector as well as private sector banks offer educational loans for the students aiming for higher education in foreign countries or in India, but due to global meltdown prospectus of jobs have declined, even peoples are getting pink slips and after finalisation of next central government the process of cost cutting will increase so what should be the precautions while you are taking loan. How do you know about it.

First of all it is very difficult to compare the rate of interest charged.  It is common phenomena peoples think that private banks charges more interest but they provide loan and quickly without any hassles while government / public sector banks charges less interest but to getting loan from these banks is very difficult because of formalities involved and bureaucracy. Normally securities like your house, jewellery, fixed deposits, other assets are asked against disbursement of loan. In public sector banks may be you need to pay commissions (actually bribe) to the concerned authorities through the mediators.

Secondly are you sure what are the chances of placement after completion of course. What package you will got and  what is repayment plan for loan availed.

Thirdly, does the bank offers any discount or charge interest as per availed period if you pay early or before completion of specified time period.

Frankly if you see all those things you will be not able to avail loan because it is a time consuming process and no bank will provide all this information. Actually when bank gives you loan, they shows that it is a obligation which irritates every person availing loan because he is paying interest and giving loan is a investment by bank so why they shows that it is a obligation?

Send me your views on same.

In view of election highlights by political parties and media we all have forgotten the problem of recession/global meltdown. I think in view of coming election government did not presented the clear picture of global recession to the nation and by use of government machinery put the pink slip process on hold as happened in the case of Jet airways. As per my views all the big companies/organizations are under pressure from government not to fire their employees and after new governments formed in centre, it will officially declare the recession in India and then the actual process of firing / cost cutting in companies will start which will increase the unemployment and we all knows that these corrupt and greedy leaders in association with bureaucrats don’t have any plans to provide means of survival to the unemployed talented youths.

Profits of all the major MNC’s operating in India have  declined in recent quarters due to downward trend in financial scenario of whole world. Various measures are already put in place by all companies to cut down their cost. The major arm of cost cutting i.e. reducing staff will start as soon as new government takes place and all the political parties will start blaming each others for these unemployment scenario.

So dear friends please make sure you save at least 20%-25% of your earning so that you have sufficient resources required in bad time (may god save all from these bad time). Update yourself, sharp your skills, increase your talent so that your career goes upward.

Everyone in train, office, tea-shop, news channels, newspaper seen talking about Indian Premier League (IPL) cricket now a days. The discussions of each ball and every match is going. Various teams like Kings XI Punjab, Chennai Super Kings,Deccan Chargers, Kolkata Knight Riders, Bangalore Royal Challengers, Mumbai Indians, Rajasthan Royals have mix set of international and local players. All of these players are earning excellently. IPL event / matches are much much more than a sporting activity. Actually sports is only a part of IPL Event. I just want to say that bringing of too much glamor to Cricket will damage the sportsman spirit and kill the objective of playing sports.

If we look at the history of cricket then you see then in starting test matches are played and then the concept of one day started with 60 over and reduced to 50 overs and now T-20 matches shows the cricket is synchronizing and may lost is importance in coming decades.  I am saying this because sun rises in the morning and sets in the evening and it is a universal truth so may be the sport of cricket have reached its heights and downward trend may be waiting for this popular sport.

Since last 3-4 fortnights I am searching for a taking a a two room set on rent in and around Old Faridabad and I found a very interesting fact about Property Dealers during the process. In Sector-28, one property dealer told me that rent for the two room set and three room set is equal and the range is around Rs.6000, while in sector-17 market one property dealer told that the range for two room set starts from Rs.5000 and in Sector-18 housing board  colony the scenario is very robust, thanks to these property dealers who are increasing rate everyday and making clients fool. In starting day the rent for EWS is Rs.3000 after one week it is Rs.3500 and now it is Rs.4000 and about LIG flats one month ago rent is Rs.4000 but now it is Rs.5500. When I myself starts roaming in Sector-18 the rent is around Rs.3000 in starting which is negotiable and now it is Rs.3500 negotiable for EWS category. For LIG category the actual slab is around Rs.4500 now a days. In Sector-28 itself I found a two room set @ Rs.3700 which clearly presents the thinking of property dealers.

In other sectors the range is Rs.4000(negotiable) for two rooms. Actually if you goes to one dealer on first day he recommends a rate which is generally 15% more than the actual price and in next 2-3 days he will again increase it by 15% more and the cycle continues.

This virtual cycle  crates a fictitious bubble which on burst creates a havoc as happened in the Real Estate (flats/bungalow/plots) markets. I also feels that due to fall in buy & sell market of real estate the focus of dealers are on rental market.

In case of the buyer/seller is an outsider (not local to that place) they provide him with totally wrong information. From some peoples I also listened that in case of sale of property dealers eats big chunk money by giving less amount to buyer and charging higher amount from Seller. They tells buyer that market is down and no seller is their and also mention weak points regarding his property and to the seller they says no their is no recession in real estate and mentions him advantages of owing the proposed property and tells him the rate which is much more than told to buyer. They keep his difference money in their pocket and also charges commission from both parties. I think it is purely against the moral ethics of business to eats money between deals, you should charges commission from both parties but should not take the money in between. It is also commonly known fact that property dealers are not having clear image, background, character.

It is worth to be noted that on Internet I was not able to found any property for less than Rs.5000 on most popular sites like 99acres, magicbricks and makaan.

Property Dealers in Real Estate sector are like the share market operators who sometimes create blunder is financial market and leads the real/small investors to surprise.

So do you have any idea which can break this virtual / fictitious rental rate hike cycle.

The name of Mr. Deepak Bhardwaj came  in news when he filed his nomination on Bahujan Samaj Party ticket from West Delhi. In his affidavit he declared the assets worth Rs.622 crore (the richest candidate fighting general election in 2009 till date). Mr. Bhardwaj has overtaken Mumbai builder Mr. Patadia, Independent candidate from Surendranagar in Gujarat whose assets are worth Rs.513 crore. BSP says since it can not provide funds to candidates to fight elections that’s why the rich candidate has been given ticket.

Some other rich candidates are :

Congress’s L Rajagopal from Vijaywada (Rs 299 crore),
BSP’s Karan Singh Tanwar from South Delhi (Rs 150 crore)
SP’s Abu Azmi from Mumbai NW (Rs 122 crore).

In this election many old candidates/sitting MPs, MLA assets have increased many folds and most of the candidates fighting election in this election are crorepati so we can say Parliament is becoming the meeting place of crorepatis/rich peoples, then why all these candidates are saying they will serve the nation and upon victory will work for the betterment of common man, (all this is purely fictitious statement by this political leaders.)

The important point to be noted is what  action is being taken to investigate the sources of funds/assets with these candidates. I think tax department is doing nothing as they have to work under these leaders after election.

If you know any of the good leaders who are fighting this election please mention his/her name here.

After terrorist attack in Mumbai, a lack of co-ordination between different agencies of state government, central government, various security agencies came into the light. A National Investigation Agency is also raised. Senior Bureaucrats & Govt. Ministers said that the co-ordination will be stepped up between all security agencies but as per news published in Times of India in first phase of general election naxalist / Maoists group attack on security forces at various  location and  many security personnel’s killed and now the BSF says that its soldiers died due to lack of intelligence but as per home ministry official BSF (Border Security Force) did not followed the (SOP) Standard Operating Procedures laid down for naxal affected areas while CISF (Central Industrial Security Force) followed and reduced its vulnerability. In a point it is said that security forces did not got the enough time to co-ordinate with previous teams and understand the areas of their deployment. these all comments by individual agencies are showing their spirt towards the coordinated efforts.

I want to ask that is terrorist/naxalists/Maoists organization are better organized and have greater co-ordination between them in comparison to our security forces? If so then the working & operating methods of forces need immediate review and the current scenario is hinting the things in this direction.

All the bureaucracy / ego / red-tapism  / selfishness is costing the nation the lives of its brave soldiers.

Since the announcement of General Lok Sabha Election the model code of conduct has come into effect and many action has been taken against the leaders who are going against the model code of conduct but since last three days the construction of road is going on road from Ankhir Chowk to Badkhal Flyover in Sector-21, which I think purely against the model conduct of conduct. I don’t know whether our electronic & print media is aware about it or not and what the officers on election duty is doing.

Don’t you think that this activity is purely against the rules.

Naxalism in many states of India is a very big issues in front of Indian government. Few days back the Nalco’s bauxite mine (The biggest bauxite mine in Asia) in Orissa is attack by Naxalites and they killed eight CISF peoples. Naxal organisations calls for  boycott of elections, they sometimes threat public transport system such as Indian Railway. Some of the main question related to Naxalism is as under :-

- What is the aim of naxalism

- Why they are growing

- What are their sources of funds to operate & running their activities

- Who are members of think tank of these naxal organisations

- Who is supplying arms to them

- Are they getting any political support

- How to stop them

I think government must try to engage more and more youth from naxal hits area in to security forces, give employment to them in public & private sector. The speed of development works needs to be accelerated at a very high pace and mid-day meal programme, primary education, Rural Employment schemes must be started on large scales in the tribal areas of naxal affects states. In Parallel Government should start crack down on top leadership of naxal organisation and their financial resources must be tracked and captured. It must be noted that during the anti naxal operation of security forces there must not be any political interference. 

Actually government should take hard action against the problem of naxalism otherwise in coming future the nation may face the problem of naxalism as a problem of Jammu & Kashmir, North-East states. Government must learn from the action of Sri-Lankan government who almost finished the LTTE from their country. LTTE is known as one of the biggest and powerful terrorist group of world. I will say that nation only needs political will to finish the problem of naxalism.

Reservation is a big issue in India. What is the basic objective of reservation, why necessity of  reservation arises. I am strongly against current reservation policy. Generally many peoples who are talented do not get proper opportunity to go ahead and someone with less talent goes ahead. Reservation must be given only to those peoples who do not have proper infrastructure & financial incapable to use their talent for betterment of society. Some big officers who are from reservation quota are are able to arrange good facilities for their wards but still they get reservation which is really injustice to the talented and needy peoples.

Reservation must be given to poor and talented peoples, It should not be on the basis of caste & religion. Caste and religion divides the society which leads to tension between different communities and we know about the communal riots in India in last 2-3 decades.

To fight against the reservation Medical students stand and started their protest but no political party came in support of them and neither any NGO, individuals, students from other streams came to support them.

The main point is absence of political support to these protesting students which clearly present the aims & objective of political parties. All political leaders and parties are just fighting to gain power, acquire money for themselves. They don’t think about society and nation as claimed by them and they draw their manifesto to gain more and more votes.

I think current reservation policy must be stopped immediately and a national reservation policy must be drawn on the observation given by representatives from every section of society. I think we must invite some international experts for the same who do not belongs to India.