Right to Information

This new law have worked wonders. recently the law completed 3 years of enactment June 15 2005 was the date it was enacted and have come after a long period of struggle of the people at large.

This law has promised following things
1. fight against currouption
2. Securing other fundamental rights
3. making the government and its functionalities transperant and accountable
4. Encouraging the Peoples participation in the governance

This law has worked wonders and have many success stories to be talked about. and this is the only law that gives people the power to enquire into issues and ask questions which only our parliamentarians and legislators had power to ask!

Comments

Inflation and Commodity Exchange - a thought...

Commodity trading on exchanges is time and again being held responsible for the increase in the inflation in the essential commodities. Recently Silver touched price of Rs 75000 per kg and then came back crashing to Rs 50000 per kg. It was later found that the lots of speculative trading on the New York Comex was responsible for such a shootup in the silver prices. NY Comex then increased the margin requirement of trading in silver to 84% from 25% and then the prices came down drastically.. this establishes the nexus between the price rise and the speculative trading on the commodity exchanges.. In India on the commodity exchanges all the commodities are being traded and even speculated.. some having marign money requirement of as low as 12 to 15% and thus the prices shoot up because of the speculation.. For example if i can buy a lot of some food grain at 15% margin and one lot on delivery costs 100000 Rs.. i can buy the same for Rs 15000 in a vayada bazaar or the futures market and t...

Pakistan Crossing Limits

Our neighbour has made sure to interfere in our business every time it gets an opportunity. The resolutions passed in the Pakistan National and State Assemblies regarding the current situation in J&K is one more such attempt. They See human rights violation in J&K and what they are doing in Baluchistan is their internal matter. The Pakistan have always funded the terrorism and separatist movements in J&K. This India has been alleging since long but the old Time friend of PAkistan i.e. USA Has also felt the same now. The separatists have been shouting pro pakistan slogans in the kashmir valley and have been showing the Pakistani Flags on the road, shows that they are insulting our national Honor - our National Flag. but the central government is not interested in prosecuting them for doing so. More over time and again the pakistan is violating the cease fire and thus assisting the intrudors a cover to enter india. Allegations of economic blockade, are just red herring and th...

Save early to earn more

Save early to earn more Prabhakar Sinha | TNN Time is money, goes the saying, which holds true in almost all aspects of life. But, it is more so in case of savings. If you start saving early, by the time you retire, you will have enough money to lead a prosperous retired life. When you start saving early, your saved amount gets a longer time to earn returns. Take for example, if you start saving at the age of 25, or just at the time when you get your first salary, your savings of Rs 5,000 per month, at a conservative return of 10% per annum, will swell to Rs 1.91 crore in 35 years or by the time you retire at the age of 60. But, if you start saving late, say, at the age of 30, your saving of Rs 5,000 per month will become Rs 1.14 crore. If you start at 35, the amount will become only Rs 67 lakh. And, at the age of 35, even if you start saving double the amount i.e. Rs 10,000 per month, by the time of retirement, that will become only Rs 1.34 crore. This is called power...

Punit B. Juneja

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