Thursday, January 20, 2005

Jamshedpur... needs revival

I observe that the developement rate of the city of jamshedpur has been very slow for over past few years. If it goes at the same growth rate for some more years it will soon be decaying just like Kanpur did.
The infrastructure of the city need changes, with more recreational and entertainment facilities for the residents.
The most urgent and demanding need is a decent movie hall in the city. The residents are quite capable to pay 50-100 Rs to watch the movie in a decent environment. Why not Payal and Basant just renovates themshelves with increased security guards and raise the ticket price. I don't think any family goes to any of the movie hall that city provides now, why? The reason is simple
1. The security is not enough to prevent the troubles caused by eve-teasers.
2. The residents are not sure if they will get the tickets at the counter at all (because most of the tickets are mostly sold in black).
3. No provision for online/telephonic booking of the tickets.
4. The hall itself is not clean enough to pull the decent families.

Apart from this the city needs good shopping malls (not stores but malls), more concerts and events. This are the things that will help money keep rolling. We don't even have a Pub/Disco in the city yet. These are very key things required in keeping the growth rate of the city high and if we do not take action now we might be too late.

Tuesday, January 18, 2005

Wanna go Bullish??

I have been reading about Stock Market and the definitions of the terms used in the context, for a while. The link here can give you a good insight of the stock market and is really a good article for a novice.
Click here to read the article on Equity Market.
Click here to know about the Debt Market
Click here to know about the PPF - Public Provident Fund

Thursday, January 06, 2005

Who is contributing towards relief...

It’s nice to see the way Indian masses have come up together to contribute and help for the aid of the Tsunami affected victims. But still there are lot more to be done and requires lot more of help both in terms of man power and money to re-establish the villages destroyed by the killer Tsunami.
Corporate big wigs like Infy and TCS has done their part by contributing to the PM’s relief fund, but where are others? RIL is busy with their family dispute and are not bothered to look into this help issue.
Contributions have come even from some of the known generous bollywood stars. But the number from the giant industry is too low. I have heard the news recently that even the Rickshaw wala’s in Chennai had contributed their days pay, are the stars of bollywood really so poor?
What about the contributions from the sports world? Cricket and Tennis stars earn a huge amount; can’t they donate a bit of their match fee for the help of the victims? Yes, it is true that they are organizing charity match, but that is finally pooling the money from the aam-janta. Why don’t they contribute from their own pocket?
Finally, not to mention, our beloved Politicians. So far I have’nt heard of any donations from Laloo or Jayalalitha who are among the wealthiest of the Indian politicians. And these are the people who will be going around to these same villages, begging for votes from the very same people to whom they are ignoring the help.
I am waiting for a Tsunami that will come one day and wash away all these corrupt politicians of India.

Monday, January 03, 2005

Should we accept the foreign aid for relief?

Here is something to read on the PM's decision of refusing the foreign country aid in Tsunami relief activity. Click here for the complete review.
The PM's was clear on his thoughts and I appreciate his decision. The Tsunami had hit some of the strategically important sites like the kalpakkam nuclear power plant and the IAF base in the Andaman & Nicobar Island, allowing the foreign countries to invade these areas, without analyzing the losses and the after effects could be disastrous from the National Security point of view.

P.S: Piyush weblog has a good link to the Video of the entire devastation. Click here to see the full Video Coverage.