Large loans were given by banks to private companies to acquire these coal blocks. About 2.5 lakh crores of Rupees were given as loans and will now become "non-performing assets" So those who were beneficiaries of the wrong allocation will suffer.There wont be a committee to examine the correctness of the Judgement.'Who was responsible for illegal allocations' will be dealt by CBI probe. That will be done later.
Let us look at the people of India with empathy and try to understand the conditions there
Wednesday, 24 September 2014
Coal blocks squashed
Large loans were given by banks to private companies to acquire these coal blocks. About 2.5 lakh crores of Rupees were given as loans and will now become "non-performing assets" So those who were beneficiaries of the wrong allocation will suffer.There wont be a committee to examine the correctness of the Judgement.'Who was responsible for illegal allocations' will be dealt by CBI probe. That will be done later.
Spacecraft to Mars
This is success of Indian engineers, we can excel in our fields and India can give them the opportunity. Space scientists of India have made all of proud,
Monday, 22 September 2014
Education is important in a democracy
What is happening is that, uneducated people elect wrong leaders. And wrong leaders damage the Indian economy. So we cannot bring about development quickly. There are too many hurdles for national progress and illiteracy is the major one.
We have to re-invent democracy. We need educated leaders. Democracy can survive only if high percentage of voting population is educated. Since the green revolution has taken place, the number of persons needed for agriculture has become very very low. So there is more time for spending on education. But massive poverty makes it difficult to arise from incompetent democracy (fewer educated voters) The Indian people here have very little needs, some food, few clothes and a good job. If these basic needs are satisfied, they go for higher education.Education is high in priority among aspiring Indian families. So given the right conditions, Indian people educate themselves. There are good chances for democracy to flourish in India.Indian people need the freedom of speech and expression, which only democracy can give. We will always opt for democratic setup.
Engineers of India
Wednesday, 10 September 2014
Floods and condition of the people
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