Friday, August 1, 2008

Privatization of EPF

This refers to the recent decision of the Central Board of Trustees of EPF[Employees Provident Fund] organisation to appoint private finanacial companies like HSBC,ICICI Prudential and Reliance Capital along with SBI to manage employees' fund and to bring higher returns through investement in Stock Market.
I wonder why it was necessary to take away this work from SBI? Was state Bank unable to manage it or this well managed state owned bank lacks expertise?
This decision marks the beginning of a process of privatization of workers' and employees' savings.Government should not forget that hundreds of thousands of people in the US had lost their money to private fund managers.

Thursday, July 31, 2008

Internal security threat

Recent bomb blasts in Bangalore & Ahmedabad heralds that India is at the verge of internal security threats.there is an urgent need to have a stringent act like POTA to deal with such inhumane acts.

What govt. did??except formal statement,assurance,high alert.......and so on .....

Terrorists have no religion.They may claim to work on behalf of a particular religion but they are the enemy of humanity.Bring them to the book otherwise such heinous activities will keep on repeating..I remember Aristotle..

Civilization begins with neo-efforts
runs with order
and ends with CHAOS.

Tuesday, July 29, 2008

Maiden blog

Today,29 july,I started on the path of blogging.I always wished to express my opinions through the blogs across the globe.

I hope, this odyssey will be full of learning,knowledge and ideas.