Wednesday, February 28, 2007

Telangana - Politics

The Telangana issue came into my mind again. And as always I wondered If there are any good enough percentage of common people who are really asking for a saperate Telanga state other than politicians. I remember once reading a comment in a News Paper which made me furious. The comment was "I will not rest...Till I achieve a FREE TELANGANA" -By TRS leader. Now i wonder what a free Telangana is? It sounded like Free kashmir...Free Assam. Heights. OFCOURSE we are all free. We are all living in a free nation. What else he will free us from?
He gave the example of Chatisghar and said that they had more employement after being a saperate state. Than why just Telanga? Why don't we divide state in to 3 or 4 parts. There will be MOREEEEEE employment. Isn't it?
I agree there will be new employement options with govt constructing more buildings, setting up new offices, state banks....etc, but this money will be pulled out of budget which govt should have spend on other devlopment activities. Saperate state will only spoil central budget. Few commodiates prices might rise. Few development activities will be postponed or stopped...etc.
If he is guinenly intrested in devlopment of telangana...why didn't he start any devlopment activities yet. He has enough power even today. Didn't he? I guess he is waiting for a good "murthum". I am sure his intrest is more about the money the center govt will pour. Money enough to fill thier pockets, either relatives and store enough for thier children, grandchildren, greatgrand children. And about more political employment that will grow.

I wish i can do somebody these sick politicians.

I just endup prayin that this kind of politicians should never come to power.

Wednesday, February 21, 2007

Salary rise

Is your salary really increasing?
If your Salary is Rs 50,000 in 2002 and Rs 55,000 in 2003...does it mean that your salary has increased? Nominally..YES, but
might not be in REAL terms.
To be more clear...If your Salary is Rs 50,000 in 2002 and Rs 55,000 in 2003but the price level has risen by 12%(inflation) then your Rs 55,000 in 2003 buys what Rs 49,107 would have in 2002, so your real salary has gone done.
Eg: YOu could have bought a bike with Rs 50,000 in 2002 but in 2003 the bike rate has gone up to 62,000...which you can not
buy with your 55,000 Rs salary. Meaning ...your salary has actually gone down.
Similary...think of this point when you are saving money in a bank or investing money in some bonds.
You have fixed deposited 50,000 in a bank for 1yr. Bank promised to pay you 3% intrest. But if the inflation is 4% that year...the bank is actually taking away one percent of your money. Got me?
Suppose we buy a 1 year bond for face value that pays 6% at the end of the year. We pay Rs100 at the beginning of the year and get Rs106 at the end of the year. Thus the bond pays an interest rate of 6%. This 6% is the nominal interest rate, as we have not accounted for inflation. Whenever people speak of the interest rate they're talking about the nominal interest rate, unless they state otherwise.
Now suppose the inflation rate is 3% for that year. We can buy a basket of goods today and it will cost Rs100, or we can buy that basket next year and it will cost Rs 103. If we buy the bond with a 6% nominal interest rate for Rs100, sell it after a year and get Rs106, buy a basket of goods for Rs103, we will have Rs 3 left over. So after factoring in inflation, our Rs100 bond will earn us Rs 3 in income; a real interest rate of 3%.

You can calculate a real salary in terms of some base year by the following: Real salary = Nominal salary / 1 + % Increase in Prices since Base Year

Where a 34% increase in prices since the base year is expressed as 0.34.

Monday, February 12, 2007

Home loans

If you have a home loan you might be really worried with the banks intrest rate going up again.
When banks increase intrest rates..they either increase your Monthly EMI(like 6000Rs a month to 6500 a month) or they increase number of EMIs(Like 5years to 5yrs and 8months)...depending upon your Age and number of service years left.
DO you which of these methods will save you money? NOne. But if you downpay the increase amount at once.(LIke 0.5% hike had made you total payable amount to 6lak 60thousand from 6lak) Pre-Pay the 60thousand if your poket allows you. This way you will be paying the least amount. Banks should not take Pre-Pay penatly...unless you have signed the documents agreeing to pay.

Tuesday, February 6, 2007

Good and Bad

Good n Bad. Are they relative terms? Something that is good/morale to me might not be to somebodyelse n viceversa.May be because of this relativety that there's so much restlessness in the world. Who decides whats good n bad..what you can do and what you can't? For me, most of the decisions are made by others. I guess thats how the girls are bought up in our society. And ofcourse, to be honest..that made my life easier and more secured manytimes.Its just once or twice I let my heart rule my brain and went a head forgetting whats morely correct. Anyways I couldn't go very far. I was dead scared of society and much more about my parents emotions who are scared of society.Have not been because of this society, girls would have been more! and Men would be morelike....??(Sorry couldn't think of a right word:)
Down the years I lost little fear. Now i am not dead scared...but i am just very conseious of it.
I don't stop myself if i wanna drink with friends or at home..but because i am conseious i take just 2 large.
I don't stop myself if i wanna dance on road...but because i am conseious i check around.
If i wanna crib and bad mouth somebody i will...but because i am conseious..i ensure it does reach there ears.
I wear so called "fashionable" clothes...but because i am conseious...i ask my friend to wear fashionable clothes too for the party.
I DO not, what is expected of me sometimes. I don't feel guilt...but because i am conseious...i act to be.
If i wanna be rude to somebody JLT..i will be...but because i am conseious..i will get diplomatic.
Like i am getting now.

Good and Bad are relative. Aren't they?


You know a dream is like a river, ever changing as it flows.
And a dreamer's just a vessel that must follow where it goes.
Trying to learn from what's behind you and never knowing what's in storemakes each day a constant battle just to stay between the shores.
And I will sail my vessel 'til the river runs dry.
Like a bird upon the wind, these waters are my sky.
I'll never reach my destination if I never try,So I will sail my vessel 'til the river runs dry.
Too many times we stand aside and let the water slip away.
To what we put off 'til tomorrow has now become today.
So don't you sit upon the shore and say you're satisfied.
Choose to chance the rapids and dare to dance the tides.

Mastering Emotions

If I feel depressed I will sing.
If I feel sad I will laugh.
If I feel ill I will double my labour.
If I feel fear I will plunge ahead.
If I feel inferior I will wear new garments.
If I feel uncertain I will raise my voice.
If I feel poverty I will think of wealth to come.
If I feel incompetent I will think of past success.
If I feel insignificant I will remember my goals.
Today I will be the master of my emotions.