Friday, March 16, 2012

What Govt can do more through SSA- Sarva Shiksha Abhiyan and RET

Importance of Education is something  on which any man can talk about endlessly but only few have actually understood and acted in the way one should have to handle the Global Issue of Illiteracy ,especially  for the needy ones The Govt. has 2 flagship programs for education : Sarva Shiksha Abhiyan (SSA) and Right to Education (RTE). Here are some of the alarming stats (Courtesy: Times of India ).
  • Mean years of schooling in India is 4.4 years ( China  7.5 years)
  • %GDP spent on Public education is down to 3.8% in 2008-09 compared to 4.3% in 2000-01 whereas Cuba  has 18.7% which is highest.
  • Only 21000cr INR have been received by RTE for 2011 out of sanctioned 48000cr.
  • Of 7.5 lakh candidates who appeared for CBSE's all-India teacher recruitment test , only 93,000 passed
  •  NGO Parham’s Annual Status of Education Report (Aser) shows that nearly 47% Class V students cannot read Class II texts, while over 63% of Class III students cannot subtract
  • India has a shortage of 1.5 million teachers.

Sunday, June 19, 2011

Comparison of Sensex returns against Fixed Deposit Rates

Following table compares the returns of investment  in Fixed Deposits and Indian Stock Exchange .

Source : Economic Survey of India 

Tuesday, May 10, 2011

Stock Exchanges, Investments and Derivatives

The book “Stock Exchanges, Investments and Derivatives” written by V Raghunathan and Prabina Rajib deals with the common issues that any Investor faces , specifically those who do not have the technical background.
What’s the plot?
The book is a compilation of 250 most nagging questions an Investor has regarding the Stock market. The book deals with all the basics of the Stock Market. What the market is all about along with a brief history on Indian Markets. All the aspects of the stock market i.e. Equities, IPO, Mutual Funds, Bond Market, Derivatives, Share Pricing models, Introduction to Portfolio Management are introduced chapter wise.
What to expect?
The book is all about sharing the basics of the stock market in a question answer format. The highlight of the book is the simple language that has been used; the concepts are explained in a lucid manner without going into the technical details or using any financial jargons. All the theories and intricate material has been supported by appropriate examples, again which are simple to understand. The author has very tactfully touched all the topics of the market without going into details.
I will recommend this book to all those who want to know the basics of the stock market. This is certainly book where I would like to begin. A word of Caution: This book is NOT about how to earn money in Stock Market or Trading Strategies. It’s a book for understanding the concepts.

Tuesday, February 22, 2011

Begging - Should it be Encouraged ?

Begging - technically known as “panhandling” means is wherein the needy ask for material benefit,  money, or even basic amenities like food and clothing .
But the question  here is should this activity be encouraged ??
Image Courtesy :
It’s a human tendency that u feel like helping someone when they are in need – Good karma as we say it ..But is it really a good karma ?
They are many reasons that ppl keep begging . Some think they cannot do anything else , some don know whether they can do anything , then there are some who think that begging is better and easy money  , sit in a place and keep pleading ppl to help them  . Begging has become more of an art rather than an unwanted activity.

Monday, November 22, 2010

The Dynamics of 2 & 3 - Group Behaviour

We come across so many people in life. See a thousand faces every day, notice a hundred , talk to some and care for a few . The obvious fact is that our behavior varies from person to person depending upon the degree of our comfort, how well we are accustomed with him/ her, how trustworthy and important he/she is and some other ulterior motives, if any that is. From my observation, that is just one aspect that governs our behavior. We can treat the same person differently if we meet him in person and when we meet in a group. My article is just about that and my observations relating to the same.