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A screenshot excerpt of PaGaLGuY Channels


Back in 2005 when business education in India was peaking, applicants to b-schools deserved a niche news portal that dissected the MBA programs and admissions better than the mainstream media did. That's when we stepped in with the PaGaLGuY News section offering niche MBA-related coverage, and since then our reporters have seen the sector through crore salaries, recessions, scandals, busts, success stories and head-rolls, and shook more than our share of things up for management education, to a level that PaGaLGuY.com News just could not be ignored.

We now feel the need to shake things up again, but this time within ourselves, so that we can build the next generation avatar of PaGaLGuY News.

In order to do that, we are trying an exciting new experiment that we have thought through a lot, and it's called PaGaLGuY Channels. Basically, it is the old News section of PG with a radical twist: Now absolutely anyone can write and publish their opinion articles in it. Completely on your own, without any interference from any editors. And not only on MBA, but on a variety of new topics - movie reviews, food experiences, sports, photo features, urban life, humour and more - each category being a 'Channel' (we will keep adding new channels regularly). We have kept an upper word limit of 500 words for each article so that you can quickly write compact articles that readers can consume efficiently. If your article is liked by a lot of people (we are continuously tweaking the formula for this), it reaches the entire PaGaLGuY audience.

We will gradually reveal more about 'why' and 'how' of PaGaLGuY Channels but for now if you are excited about getting published, then do sign up for the beta version of PaGaLGuY Channels here. Once you sign up, we will get back to you shortly with access to Channels.

Studying Abroad is one of the enriching experiences for the students but the reality comes into play when they have to go all out to face the hardcore task of searching an ideal job. So there comes the need for an impressive resume and this international degree adds on spice and become the selling point for the students. These international degrees on the resume along with the skills, experiences and qualities will make the difference and they stand out from the entire lot in the following manner –

Qualities of adaptability:

While study in abroad you have to come out of your comfort zone, be extremely adjusting and compromising to the new environment of classroom, people their culture, customs. The employers value this quality and prefer people since this would come handy while tackling new job role adjusting to a whole new faces of staff as well as clients, their behavior and attitudes.

Developing communication skills and hence new contacts

Communicating with the local people in their language other than English is a challenging task and gives an opportunity to learn more a new language. Even if it is English it calls for a great sensitivity since one still have to face a lot of problems in communicating with people of different caste and community, understand the body language and their ascent. You have to learn their vocabulary and learn the skills of interacting through body language and expressions to make them understand. As you become more comfortable, conversant, it will help building in new friends and contacts and create a network for you. This impresses the employers who have a strong international presence with offices and their clients at various locations and expects their candidates to travel a lot to bring in more business.

Becoming more independent:

When you start living alone and manage your daily routine work and expenses, you become more disciplined and imbibe in you the sense of responsibility and confidence to face new challenges. Not only this they even gain the experience from different part time jobs or internships they opt while pursuing their studies. The employer even prefers candidates with this past experiences and who takes up the onus in tough times and shows the confidence in making quick decisions favorable for the company even without wasting a minute. Sajjan Agarwal, job consultant who owns his own consultancy firm says “Employers are seeking candidates with study abroad experience owing to their versatility, open mindedness, flexibility, strategic and independent thinking as well as multilingual and cross cultural skills.

Broad and innovative thought process

Internationals students have their own broad perspective of the world economy and their issues. They put themselves in other shoes and have a better understanding of the situations due to the diverse experience they gather during their entire semester. Employers have started realizing the importance of study abroad graduates due to their innovative and understanding thought process.

These unique qualities are mostly sought after, highlight an individual amongst the crowd.

India's literacy rate has increased to 74.04% as per 2011 census. Government predicted literacy rate 80% by 2015. That means today approx three fourths of India can read and write. If you read this article, you are among 74%. But how many literates are aware about 'Our Fundamental Duties' (Part IVA, art. 51A, Indian Constitution)?

Clause (h) of article 51A of Indian Constitution states: to develop the scientific temper, humanism and the spirit of inquiry and reform.

It is our duty to follow this principle but many people violate it by posting abusive languages on public forums, even at Pagalguy. These users not only disregard our constitution but also violate IT act 2000. If you are among these users. We (other users) or Pagalguy (PG) may file FIR against you under IT act. But we don't want tag you as criminal. We are here to help you in your career endeavours.

It is really easy to PG techie team and moderators to track your location. They can easily analyse all IP addresses from which you are posting. And they can block all your different user id's (if exists) on PG.

Why do you post abusive posts?

Because you are frustrated, your bad time and failures made you frustrated. This frustration may leads to angriness, depression and negativity. And this negative energy may ruin your career.

How you can overcome this problem?

First you need to understand that the failure and bad time are the part of life. Every human face them. So, you are not only one to face them.

You can follow following tips to being optimistic and to develop scientific temper:

· Read one good newspaper daily

· Read motivational books and novels

· Read articles at Pagalguy channels

· Listen music

· Stay away from bad companies

· Work hard to reach to your goal

· Do meditation

A request to all users:

Please help PG team to make forums clean. If you find any abusive posts on any forum, please report it. And send a PM to that user 'a warning message that he/she violates rules on PG' with link of this article and help section of PG.

Pushpa Basnet the name of , but for some this is the name of an angel send by god for them or their very own mother. A person who devoted her entire life to humanity and love. A social worker who took an oath to change the destiny of some homeless children.

According to our law there is justice for every criminal offense .But what if the criminal is a women who has a small child without any other guardian or if she is expecting one.

Now here is the untold story of injustice and suffering of these innocent lives . These children were forced to spend their lives in imprisonment with their mothers. Where they were forced to raise in the central country yard , without proper toilet ,bedding and always mingling with wicked criminals . At the time of reading books they learn how to execute serious crime and abuse others and unknowingly became criminals themselves.No one even bothered about such inhuman act.

In her early visited main janana women's jail to complete her social study research to become an social worker. Where she witnessed such shocking injustice of the judiciary ,some children were compelled to live like almost animals .Right away she took the pledge to save the lives of these children.

But it was not easy for her to start the initiative. At beginning phase the women were also not comfortable to give the responsibility of their children as she was very young ,even the jailer accused her to sell the children. But Pupa's perseverance, love and care melted their heart took away all their distrust.

She started her endeavor in cramped $100-a-week apartment in Kathmandu with toys ,furniture scavenged from her friends and family. Without any source of money every day was a big challenge for her to continue and after two years older children had to go to orphanage. But after seeing the improper environment of orphanage she extended her services to residential care. Where the children learn not only the school books but also how to respect elders and their own culture. From 4 now has been increased to 44 members in a three storey residential hostel. Where all the children can breathe in fresh air without any shadow of crime . But no castle can ever be as beautiful and big as Pushpa's warm heart ,where every homeless child can find its very own home and a bright happy childhood.

In year 2012 our was honored with the title CNN's2012 Hero of the year ,along with a prize of $300000 of funding to her . With this now her is to buy a piece of land where she can accommodate more children up to 80 children

It is not only Indian students who make it a point of summoning dreams of foreign degree every night; US universities too welcome them with open arms. Indian students are their favorites among the bunch of international students, seeking admission at US universities because they are known to pay full tuition and boarding fee. This is in contrast to a lot many international students counting on the financial aid from institutions. This undeniably sees a surge of Indian students applying for admission in foreign universities.

According to an estimate, nearly 8 lakh student show the enthusiasm every year. Keeping in view the impact of fluctuating economy, many rumor mills are working overtime leaving many US aspirants in lurch. We decide to clear up the air to let you make a wise decision by weighing the pros and cons of depreciation of rupee.

Students who were already burdened with the issues concerning tests, admission process for MS institute in USA, VISA have to fight the blues of fluctuating economy too. It is not surprising for people to apply for educational loans several months in advance of admission to a particular university in the US. Parthasarthi Aggarwal, a student of Mumbai University puts it this way, “I had applied to various universities in the US. Fluctuating economy and the ceiling amount of the loans have already started giving me nightmares. Now, I'm close to choosing an institution in the US, which will be fitting my budget. The good thing is that I have already secured Rs 2 million loan from a national bank, but they refuse to consider my requests for additional amount.”

It often happens that students commit a blunder of calculating the rupee impact on the total fee payable. This is light years away from the ground reality. Funds are actually released on a per semester basis. Therefore, if a rupee is showing a downward slide currently then it will affect only the first tranche of the loan. The graph of the costs for Indian students studying in the US will depend invariably on the future rupee-dollar movements.

In view of fluctuating rupee- dollar relation, number of students seeking education loans has significantly risen. Some students abroad have also been reported of seeking extra bank loans.

www.MSMBAinUSA.com

The increasing demand for well developed soft skills is in line with the fruits of globalization the world over. Students must try and figure out early on in their academic sessions as to what might interest employers in their resumes. Apart from professional courses, soft skills are a must have in any sector that you might join after completion of studies. College time is the perfect to learn or even polish your soft skills so that you can present yourself as the most promising hire afterwards.

Verbal and written communication skills

It is rightly said that successful communication is critical for any business to flourish well. Taking instructions and reporting to the senior management or interacting with your peers might want you to possess exceptional verbal communication skills. You must be well versed with the techniques of writing as well. Most of the jobs in present era of technology might need you to take notes, write a report etc.

If you believe that your communication skills need to be further honed, join a public speaking club or a PR club. You will certainly notice the difference in the changed you.

Team work and interpersonal skills

Work organizations often have diverse work force and it is essential to be operating as a team rather than isolated fragments. An aspirant of studying in the US must end their USA university search the moment he/she get their hands on the campus offering the most diverse ethnic affiliations and cultural backgrounds. This surely helps in imbibing a sense of tolerance and being respectful of other cultures and divergent views.

As an employee, you will also be expected to possess good interpersonal skills, which means that you know how to deal with clients and your co-workers.

Leadership skills

Unlike college where you accomplish a task after being assigned, an employee more often than not must step into the shoes of a leader and take the initiative. Rather than being industry specific, leadership quality is a staple in various tasks and activities across all fields. You would want to make sure that you shine out in the brainstorming discussions and tedious decision making sessions at the office. Get groomed and take on leadership tasks while in college itself.

Analytical and problem solving skills

As the managements of business houses around the world are involving more and more employees in the decision making process, it is only natural that one needs to exhibit outstanding analytical skills. While pursuing MS in America, you will get many occasions to be actively involved in analyzing complex situations and work towards a common goal.

Entrepreneurship skill

As the names suggests, this skill is not limited to just business houses, but apply across all job specifications. This is especially a requisite for students taking up MBA in USA to make a successful career in management. A student must develop this skill in order to plan, design, and execute business propositions, which in turn can also lead to being self employed.

While Arvind Kejriwal and the Aam Aadmi Party (AAP) are trying hard to fend off their critics, a new youtube video is all set to make their job tougher. Assuming that the video isn't fake, Kejriwal is seen persuading a TV anchor to focus more on certain aspects of the interview. The anchor also seems to be in agreement with Kejriwal. After harping on the nexus between media and politicians for a long time, how does this video reflect on Kejriwal?

However, one may also see this as a simple case of one person trying to persuade the other. The decision to go ahead with the change on live TV though, rests solely with the anchor. In this case too, whether the anchor really acted upon his words during the actual interview, we will never know!

Right from the video game parlours, to those fights with parents for consoles, and those late night rounds of counter strike with friends at a shady cyber cafe, haven't video games been so much a part of our lives? If that wasn't enough, here's a video where this funny Asian guy tells you just how video games can teach you life hacks as well!

Warning: The Asian guy overacts a bit. Proceed with caution!




Original video here

Many of you must have seen the First Kiss video on Youtube which went insanely viral this week. Now, watch its parody video - First Sniff - recreated using dogs. So, what happens when two dogs kiss for the first time?




Original video here

Book Review- Dhandha- How Gujaratis do Business
Author- Shobha Bondre
Translation- Shalaka Walimbe
Publication- Random House India
Pages- 284
Price- Rs 117 (Flipkart)
Rating- 8.5 out of 10


All Gujaratis have one thing in common; business acumen. Gujarati businessmen have a reputed history of building great businesses. As Mr Bachchan rightly says, business flows in the veins of the Gujarati community. It was Ranchodlal Chotalal, a Gujarati, who brought the textile Industry to India. It was Gujarat's Gondal Maharaj who along with the Britishers, had laid down railway tracks for trains.

The book is a wonderful compilation of five success stories. These are the stories of five businessmen, all of them Gujaratis but from a completely different background. We are first introduced to Bhimjibhai Patel who is one of the country's biggest and celebrated diamond merchants and co-founder of the ambitious 'Diamond Nagar' in Surat. Then we get to know more about Mohanbhai Patel- a former Mumbai Sheriff and the leading manufacturer of aluminium collapsible tubes. Dalpatbhai Patel then takes it over from then and tells us his mesmerizing story about his motel business and how he went on to become the Mayor of Mansfield County. Jaydev Patel, the celebrated Insurance Agent credited with having sold policies worth $2.5 billion, then gives us his life account. The book finally ends on a glorifying note with Hasu and Hersha Shah(the only non-Patel family in the book) entailing their success story.

Each story inspires the reader and educates him from the scratch regarding how their businesses were grown. These are definitely not fairy tales while there is no exaggeration or melodrama thrown in for gaining extra mileage. These are just simple stories of pure hard work and perseverance. These stories teach us so many things; I feel listing them as my learning points would definitely give justice to the book review.


1) Always Ask- We all generally think a lot. In that process we forget that every difficult task in this world is certainly doable. All we need to do is ASK! We have to approach, take decisions and calculated risks. Thinking about rejection and letting go of an opportunity is one thing that Gujaratis would never do. This was apparent when Mohabhai Patel, with no experience in collapsible tubes, approached a German company for setting up their plant in India. Not only did they agree, but they also provided him with the necessary training. He just ASKED!

2) Values are important- We need to have guiding principles and values if we have to succeed. Mohanbhai Patel was working in TATA Company. While leaving his job he vowed to keep the ideals of the company while running his own business and even now attributes his success largely to them.

3) Keys to Success- Perseverance was one quality which was common to all five heroes. They were not deterred by occasional setbacks instead came back strongly. This was abetted by a strong self belief.

4) No work is a small work- Jay Patel agreed to work as an Insurance agent after completing his Masters. Hersha and Hasu Shah actually did odd jobs like cleaning and plumbing for their motels on their own. This shows that we should be avoiding the dogmatic sense of rationalism. As an entrepreneur, we should be ready to deflate our egos and do any kind of job.

5) Trust- Selling policies worth $2.5 billion is definitely not an easy task, especially in a foreign land. When asked about the reason for his astounding success, Jaydev Patel says that the trust that he built with his customers was the most important factor. He was not just selling policies but adding new members to his family. It was this trust and personal bonding with every customer which helped him to achieve great success.

6) No Tomorrow- Tomorrow should be added to the list of words to be omitted from the dictionary along with the word impossible! A task which can be completed immediately should never be postponed. Avoiding procrastination is the best way to ensure success.

7) Now what- Hasu Shah always used to ask this question to himself. The key here is not to be satisfied but to keep striving for more. It is this question which enabled him to start over 100 hotels in US alone with notable 5 star hotels like Marriot in almost every major city.

8) Atheism- Hasu Shah says that the most important quality that he looks for in a new partner is Atheism. He firmly believes that those who believe in god would never resort to unscrupulous means. God here need not have a fixed definition. It can be your work or your ethics. But resorting to criminal ways to get things done should be completely avoided.

9) Hard work- Not to mention, hard work is the corner stone for everything else mentioned above. These men put in hours of toiling, slept for only 2 hours and ate little. All they had was a fire in them to succeed and make big.

10) Giving it back- Gujaratis really believe in giving it back to their villages and alma mater. Mohanbhai started SUPA farm which gave employment to local Adivasis, used canals and irrigation to make use of water to increase the local farming. Jaydev Patel built schools in his hometown Sojitra thereby ameliorating the education system for thousands of students.

The list is endless. The book is great and unputdownable to a large extent. The writing is definitely good, if not great, but that does not take anything away from Shobha Bondre and Shalaka Walimbe who have done a great job in bringing these stories in front of us. Inspiring and exciting, it's a must read! Go grab it!

- Tejas Nimbargiu0007

For other interesting articles visit - www.tejasnimbargi.blogspot.in
My Twitter Handle- @nimbo_baba


Other recommended articles on pagalguy:

http://www.pagalguy.com/news/top-10-songs-r-rahman-a-19091919/

http://www.pagalguy.com/news/book-review-not-without-my-daughter-a-18250186/


Apparently, everyone hated 'Dhoom 3'. I have not watched it, but people say it is shamelessly copied from Hollywood movies like 'Prestige' and a few others. It is considered to be the worst suited role for Aamir Khan. Katrina Kaif surely would have had nothing much to do other than dance around.The million dollar question here is, "How and why the hell it became the highest grossing movie of all times in Bollywood?".


If the word of mouth for a movie is so negative, how can it continue its run on box office for more than 2 months?


The answer is: "People chose Bollywood for masala entertainment paisa wasool type movies and Hollywood for sci-fie or intelligent ones. When a thoughtful movie is released in India, they don't go and watch it."


There are many people out there who will, at the drop of hat, criticize Bollywood for plagiarism and lack of originality. The sad part is that half of them still contribute in success of trash content of many such movies.



Now coming back to 'Thoughtful Indian movies', people really don't want to watch movies like 'Lunchbox' or 'Highway' when they release. They will say 'Yeah, I heard Highway is good, blah blah blah' but won't go and watch it.


Everyone is expecting filmmakers to make some really good, intelligent and entertaining movies, but maybe they(filmmakers) are gauging everyone's lukewarm response to such good movies and hence deciding to cling to the routine stuff. After all, if we want entertainment, they want money too.


Talk about originality? Why do you think Gangs of Wasseypur ddn't make 200 crores? (I doubt it made 100) Afterall, it was an original and non-plagiarized piece of indian cinema, pure till the core, entertaining, dramatic, full of action, wonderful performances and a very much above average music too.


I agree Bollywood might be different and not as 'Sophisticated' as Hollywood is considered to be. It's dramatic. It has evolved according to the tastes of people. It is still a BIG DEAL for absolutely amazing (and original) movies like 'Queen' to make 50 crore at the box office, while 'Ek tha Tiger' still makes 300 crores and walks away with all the money.

How damn frustrating would it be for the filmmakers to see such statistics and still believe that 'Original and intelligent' movies can be made in a country like India. Here, all people want to do is to speak sh*t about Bollywood, be in an awe of admiration for Hollywood and still walk into the theater to watch 'Bodyguard' to whistle at every stunt Salman performs or every song Kareena dances at!

I am not against any actor or director in particular. If we think Bollywood is not as good enough as Hollywood is, we are correct. If we think filmmakers are the reason, we are wrong. We are the reason. It's always a two way process, Demand and supply concept. If we do not prefer walking into the theater to watch a really good movie, next time the same director will throw some south remake in the theater and sadly, masses will enjoy it and later abuse Bollywood.

The only way to end this streak is to first realize what we want, then look at what we have got, and finally criticize what we get.



I remember when I was little I used to play for long hours. The purpose of my whole life seemed to be to have fun, come back home to my mom and sleep. When we are kids, our whole life is about the pursuit of fun. Broken knees, bruised chins, roughed elbows are the only painful part of life. But as we tread along this journey called life, we grow up, our ambitions take over the innocent desire to play a game just like a game, expectations increase manifold and life just becomes - complicated.

For a girl my age, things look much more fussy.The transition from a mean girl of the high school to the caring mature girl is often a rocky path. We are always at this age, in the lookout for a "Happy Ever After".

Be it career, marriage, family, friends, we start dreaming about a Utopian world where everything is perfect. Everything just has to be perfect, perfect, perfect. "He" has to be great, the time spent has to be meaningful, the tingling feeling in the stomach has to there, everything else has to be mind blowing...

But there are still so many of us who are tired of seeing how a married couple looks like, every time we open our Facebook account. But what if we still do not know what we want? does it make us confused or just plain ambitious?

The movie "The way we were" talks about two kinds of girls, the complicated girl and the simple girl. The latter is a dying breed these days. In the movie the much sought after hero, after a fling with the complicated girl, marries the simple girl.

This leaves me wondering, are we asking for too much? When a woman demands attention, love, and understanding, she is taken to be as ambitious. On the contrary, she is expected to shower it all on others. Why does the concept of "the one", the Soul mate, bind us? Are we just waiting to be tied down by that one person?

That one person who the world and the society believes can "control" us? If I am a woman in my late twenties and I still see myself working my brains off just to be in a position where I wanted to be, whats wrong with this picture? What if I want to splurge on my friends, and most importantly ME?

They say FATE controls it all, and that DESTINY will lead us to where we all belong. If that were true, why are we since childhood told to just believe in hard work? Maybe FATE and Destiny are just two imaginary friends, crafted for our imagination to explain to us the Unexplained? Maybe we do write them on our own and i wish we write them very well...


Finishing a good book is like leaving a good friend I spent my childhood days bereft of smart devices. It was always books. I was amazed by the synchronous harmonies between hardy boys. During the Hide and seek games, I tried conveying signals to my team mates by differentially pitching my voices. But, alas! I not only eliminated myself but at times even confused my own team mates. Hardy Boys was something which was read by all.

As I grew up, fantasy books took over. I was travelling in a train. At far off distance, I saw giants moving in tandem. I got curious. As we got nearer the giants gave way to the Wind-Mills. There grew an immediate admiration mixed with a feeling of sympathy for Don Quixote. Few days later I went back to re-reading him again just to relive the Wind-mill adventure.

It is said "There are perhaps no days of our childhood we lived so fully as those we spent with a favourite book". My childhood 'friends' continue to stay with me in the deepest and the safest part of my memories. And my childhood isn't complaining either. My perusal interests grew with me. My 'friends' introduced me to the complete 'strangers' and I began to bond with them seamlessly. Like "The Namesake" led me to Nicolai Gogol, of "The Overcoat" fame, a recluse Russian Author mostly understood by none during his time. And I befriended many Russians since. These are the various boons of reading. You travel the world without moving an inch.

On the cusp of adulthood, I found a 'friend' who changed the way I saw my world. Atticus Finch of "To kill a Mocking bird", made me think of him as too rightful a person impossible to being in a real world. But, slowly I began to notice the sacrifices that my father has made just for me. My father was never much into books. After reading the book (after much persuasion, I must add) he said, "I never wanted you to know". And there I found my best friend ever.

These literary characters may be a work of fiction. But I grew an immediate bond with them. We began to live our intertwined lives together. I began to connect with them as I read these books. I began to draw inspiration from them. Their miseries at times began to sadden me. Their triumphs lightened my world. When I was about to finish “To kill a Mocking Bird”, I was engulfed in a growing sense of despair. I was afraid as if Scout and Jem were about to leave me. That Atticus Finch my hero will not be around to guide me as always. That Boo Radley will not be leaving any more presents glued to the trees. That … But just then another one of my 'friends' stuck his head out in my memory lanes and Saleem Sinai with his brothers of the birth hour were ready to take me through the India after Independence.

I love my 'friends'. After all, they are just a flip away. No discourse these days is complete without the mention of election fever that has gripped the imagination of the people of largest democracy. But I am a little sceptical though. While everyone around me sees a desperate change-over, I only sense an "Animal Farm". And as the Orwellian utopia ended in a painful farce for the proletarian, I only hope to see a clear difference. I hope for a better tomorrow.



The Case for India. 
(a must read article by Dr. Raghuram Rajan)

Indian cricket fans are manic-depressive in their treatment of their favorite teams. They elevate players to god-like status when their team performs well, ignoring obvious weaknesses; but when it loses, as any team must, the fall is equally steep and every weakness is dissected. In fact, the team is never as good as fans make it out to be when it wins, nor as bad as it is made out to be when it loses. Its weaknesses existed in victory, too, but were overlooked.
Such bipolar behavior seems to apply to assessments of India's economy as well, with foreign analysts joining Indians in swings between over-exuberance and self-flagellation. A few years ago, India could do no wrong. Commentators talked of “Chindia,” elevating India's performance to that of its northern neighbor. Today, India can do no right.
India does have serious problems. Annual GDP growth slowed significantly in the last quarter, to 4.4%, consumer price inflation is high, and the current-account and budget deficits last year were too large. Every commentator today highlights India's poor infrastructure, excessive regulation, small manufacturing sector, and a workforce that lacks adequate education and skills.
These are indeed deficiencies, and they must be addressed if India is to grow strongly and stably. But the same deficiencies existed when India was growing rapidly. To appreciate what needs to be done in the short run, we must understand what dampened the Indian success story.
In part, India's slowdown paradoxically reflects the substantial fiscal and monetary stimulus that its policymakers, like those in all major emerging markets, injected into its economy in the aftermath of the 2008 financial crisis. The resulting growth spurt led to inflation, especially because the world did not slide into a second Great Depression, as was originally feared. So monetary policy has since remained tight, with high interest rates contributing to slowing investment and consumption.
Moreover, India's institutions for allocating natural resources, granting clearances, and acquiring land were overwhelmed during the period of strong growth. India's investigative agencies, judiciary, and press began examining allegations of large-scale corruption. As bureaucratic decision-making became more risk-averse, many large projects ground to a halt.
Only now, as the government creates new institutions to accelerate decision-making and implement transparent processes, are these projects being cleared to proceed. Once restarted, it will take time for these projects to be completed, at which point output will increase significantly.
Finally, export growth slowed, not primarily because Indian goods suddenly became uncompetitive, but because growth in the country's traditional export markets decelerated.
The consequences have been high internal and external deficits. The post-crisis fiscal-stimulus packages sent the government budget deficit soaring from what had been a very responsible level in 2007-2008. Similarly, as large mining projects stalled, India had to resort to higher imports of coal and scrap iron, while its exports of iron ore dwindled.
An increase in gold imports placed further pressure on the current-account balance. Newly rich consumers in rural areas increasingly put their savings into gold, a familiar store of value, while wealthy urban consumers, worried about inflation, also turned to buying gold. Ironically, had they bought Apple shares, rather than a commodity (no matter how fungible, liquid, and investible it is), their purchases would have been treated as a foreign investment rather than as imports that add to the external deficit.
For the most part, India's current growth slowdown and its fiscal and current-account deficits are not structural problems. They can all be fixed by means of modest reforms. This is not to say that ambitious reform is not good, or is not warranted to sustain growth for the next decade. But India does not need to become a manufacturing giant overnight to fix its current problems.
The immediate tasks are more mundane, but they are also more feasible: clearing projects, reducing poorly targeted subsidies, and finding more ways to narrow the current-account deficit and ease its financing. Over the last year, the government has been pursuing this agenda, which is already showing some early results. For example, the external deficit is narrowing sharply on the back of higher exports and lower imports.
Every small step helps, and the combination of small steps adds up to large strides. But, while the government certainly should have acted faster and earlier, the public mood is turning to depression amid a cacophony of criticism and self-doubt that has obscured the forward movement.
Indeed, despite its shortcomings, India's GDP will probably grow by 5-5.5% this year – not great, but certainly not bad for what is likely to be a low point in economic performance. The monsoon has been good and will spur consumption, especially in rural areas, which are already growing strongly, owing to improvements in road transport and communications connectivity.
The banking sector has undoubtedly experienced an increase in bad loans; but this has often resulted from delays in investment projects that are otherwise viable. As these projects come onstream, they will generate the revenue needed to repay loans. In the meantime, India's banks have enough capital to absorb losses.
Likewise, India's public finances are stronger than they are in most emerging-market countries, let alone emerging-market countries in crisis. India's overall public debt/GDP ratio has been on a declining trend, from 73.2% in 2006-07 to 66% in 2012-13 (and the central government's debt/GDP ratio is only 46%). Moreover, the debt is denominated in rupees and has an average maturity of more than nine years.
India's external debt burden is even more favorable, at only 21.2% of GDP (much of it owed by the private sector), while short-term external debt is only 5.2% of GDP. India's foreign-exchange reserves stand at $278 billion (about 15% of GDP), enough to finance the entire current-account deficit for several years.
That said, India can do better – much better. The path to a more open, competitive, efficient, and humane economy will surely be bumpy in the years to come. But, in the short term, there is much low-hanging fruit to be plucked. Stripping out both the euphoria and the despair from what is said about India – and from what we Indians say about ourselves – will probably bring us closer to the truth.

Do anyone know y pigs stink?? any guesses??

Check out here: 😛

One fine day, a dirty pig was soaking himself in a pool. A thirsty lion came to drink water, but unable to bear the heavy stench went away. The foolish pig thought that the lion cowed down seeing him and excitedly challenged him to a duel. "Maybe tomorrow," replied the lion and turned away from the smelly pig. The pig went h6me and told his parents how he had challenged a coward lion. "What have you done you, foolish pig? It's not you but your stench that made him run away," explained his father. The dirty pig's excitement crashed instantly. His father suggested that he should leisurely roll in the dirty waters so that he might stink even more and then meet the lion. The pig listened to his father. As soon as the lion approached him, the foul smell spread around and he ran away unable to bear it. Since then, pigs always keep themselves dirty so that no animal might come near them.

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Have a read about my case with TAPMI: 

In absence of any revert from yourselves, or from the your so called 'Grievance Cell' (Ombudsman) I am assuming that the institute has backtracked on its commitment. It is extremely sad that a renown educational institute such as TAPMI has sidelined a student's career aspirations altogether. The actions of the institute has put the student's future and his family's money under immense risk. 

Letter forwarded to ombudsman already twice (Got no Response), have a look:

I solicit your intervention in providing resolution to my grievances caused by TAPMI's insensitive and unscrupulous actions which have severely dented my educational and career aspirations. As part of admission process, I had paid Rs. 8.25 lakhs for academic fees of 1st year but was forced to withdraw from the course after 1st semester itself and asked to re-join for 2015-2017 PGDM program. However, during re-joining I was not allowed to enroll under 2015-2017 roll number.  I thus seek refund of fees after adjusting for first semester charges. The following are the complete details of my case.

After undertaking CAT examination and clearing successive interview rounds, I applied and completed application formalities for TAPMI's 2 years PGDM program (2014-2016 batch) by May14th, 2014 with payment of Rs. 8.25 lakhs. Even though this was an expensive amount for my family, who is also meeting medical expenses of my sister's terminal illness (multiple sclerosis, details in attachment 1), the entire fees for 1st year was duly paid in advance.

It was thus implicit that I would be allowed to participate in PGDM course for 1 year, and my promotion to next year's program would be based on the entire year's academic performance. This fact was also mentioned on the institute's website at the time of admission Thus, at the time of making fee payment, my father and I were assured that this fee amount will be utilized towards my education for at least for 1 year. Furthermore, the clear statement on institute's website left no uncertainty in this matter.

Please note that the PGDM handbook was not made available till then and I was not aware about the rules of the institute. In fact, as per the communication received on 24th April 2014, there was no definitive timeline for availability of PGDM handbook. I, thus, came to know about the rules of the institute during induction program only.

As per a rule which was communicated during induction, the institute can enforce withdrawal from program if I don't score GPA of 4.4 or more from 1st semester itself.  This rule was in complete violation of the evaluation criterion mentioned on the website. I was surprised as to how could TAPMI exhibit such misguidance. I am sure you would agree that there should have been more clarity about such a critical rule where a student stands to lose the entire year's fee after 1 semester itself.

Please note that there is no other institute in India which follows such a rule. The best practice followed by institutions is to provide education at least till 1 year, during which the student is provided enough chances to prove himself or herself.  By providing false information on website, I am sure you will agree that TAPMI has indulged in a wrongful ethical practice and its code of conduct is objectionable.

Thus, I was not given a fair chance to prove myself. My father later met the institute's director, Mr. Natarajan, and appealed for giving me another fair opportunity. Even though the director acknowledged that the rule for withdrawal after 1 semester was not apprised to the student or parents during fee payment, the institute will not allow me to continue and that I need to make a fresh restart from 2015-2017 batch. The director however promised that I will not be at any disadvantage after re-joining.

After that meeting, there was no communication from institute until April 17th 2015. As per the communication  I was expected to make another payment for Rs. 2,16,331 which was to be adjusted as academic fee and mess charges for 1st semester of PGDM Programme 2015-2017. The entire communication emphasized upon re-admission to the 2015-2017 program. Even at the risk of financial discomfort, my father agreed to arrange for the fee payment, in the hope that I would be able to excel in my studies and join a reputable organization based on my merit.

However, as the deadline for re-admission approached, I came to know from a friend that I would be enrolled under 2014-2016 roll number and not 2015-2017 roll number. I could not understand as to why TAPMI would indulge in such a wrongful act by asking for payment of 2015-2017 batch's 1st semester fee while enrolling myself in 2014-2016 batch. Please note that roll number of 2014-2016 naturally puts me at a disadvantage as compared to rest of the batch during placements and internships. This is because any organization recruiting candidates for jobs would prefer 2015-2017 batch students over those whose roll numbers belong to 2014-2016 batch. In such a scenario, my resume would not be able to clear the screening stage itself, and I would not be able to prove my potential.

My father repeatedly sought clarification from institute on this matter. but the institute did not reply on the same. Given the grave seriousness of the concern, it was essential for us to seek a written confirmation from the institute so that we can plan accordingly. This is because we already had been fooled before and hold apprehensions towards the institute's autocratic methods. Eventually, the admission date deadline lapsed while the institute did not revert on the matter.

As per the earlier received communication, if payment of Rs. 2,16,331 was not received by the deadline, the offer for rejoining would be considered as withdrawn. Left with no choice, my father requested the institute to close my admission file and make necessary refund. Since the institute failed to keep its commitments for fair re-admission, it is only apt that the institute refunds the fees.

The institute has however reverted that the director is travelling abroad and apparently, there is no other person who holds power to take the matter forward.However, I can no longer afford to wait and hence am reaching out to you for your intervention. An entire year of my life has been made futile by TAPMI's unethical actions. The harassment caused by TAPMI to me and my family cannot be expressed in words. Given my family's financial constraints, I cannot pursue higher education from any other institute. I request for your help in expediting the refund process so that I can regain control of my life's direction.

Since I've participated for 1 semester only, kindly make adjustment till that extent (assuming its Rs. 2,16,331) and refund the remaining amount (Rs. 8,25,000 - 2,16,331 = Rs. 6,08,669) Haven't got any response as of now.

After total ignorance about my case, Requesting now for your judicious action in this regard.

Regards

Ankit Garg

Case forwarded to AICTE.


A Screenshot Of Digital India(Part-1)

http://overthecofffeee.blogspot.in/2015/07/ascreenshotofdigitalinidapart1.html#more

Those who haven't been through the prologue can check d link :-


http://overthecofffeee.blogspot.in/2015/07/ascreenshotofdigitalindia.html#more

Hey good afternoon friends,

I just want to ask about some online jobs which we can operate from home or anywhere?

Hey , it's very important to be updated with some general knowledge and what's going in our day to day life I.e current affairs. So I m going to make WHATS APP group for that. Anyone interested inbox me your number with your name. THANK YOU