Thursday, March 5, 2009

Bapu´s Property: For Sale

It was literally "Bapu for Sale"

Our beloved Bapu, Great Soul, Father of Nation´s properties went on auction recently. In fact i wanted to make a post on the amount of expenditure India does on defense that has boosted the per capita debt of indians to cross Rs.30000/-. Anyway, this was not the focus of this post but Mr. Otis, who sold our bapu´s properties, negotiated seriously with our government and demanded that If they want to stop auctioning bapu, let them increase the budget allocation to help poor rather than to invest so much into defense (after the mumbai attacks Govt increased the budget allocation for the defense once again). whatever , things have been auctioned and our savior hero Mr. Mallaya has fought and bought them for $1.8 million.

Though i am happy that our father of nation´s belongings will be in our museum, I am not happy the way it was auctioned, I am not happy for making a materialistic business out of a man whose life´s important message is to live simple and non-materialistic.

I think that the property of bapu is not his spectacles/sandals/blood report, but his real property he has given to all of us are his preachings (Though i don't completely agree with all of his teachings).

Note: Bapu said not to take liquor, on Gandhi jayanthi all the liquor shops are closed, now the one who recovered the things back happens to be Mr. Mallya the liquor king of india :) , from the money earned through the drinking of millions of indians. Thats why i mean, 'Bapu for Sale', we have left all his preachings but spend millions just to keep his spectacles / sandals in museum.




Saturday, November 15, 2008

A basket of Brinjal or an ounce of Gold

My parents during their child hood have used 'ana' (One sixteenth of a rupee), In my child hood I have used 'five paise', 'ten paise', 'twenty paise' coins, todays children may perhaps not even have seen them.

A few decades back one whole day living of a joint family used to get accomodated in a rupee or two. There was a period when people used to admire at "Latchathipathy"(owner of one lakh) as some kind of astonishing achievement.


During my recent trip to India, a kg tomato was about 50 rupees, land prices are just a few folds costlier than last year. On an average , be it a basket of Brinjal or an ounce of Gold, prices and living cost have been ever increasing. "Inflation" an uncertainty that can affect drastically any economy is affecting every one, especially the developing and poor countries. The value of a currency ("purchasing ability per unit of currency") is decreasing every year.
I am not a technocrat of economics, and there can be numerous factors that influence inflation rate, but in my opinion the very basic issue that acts as a root of the whole problem is the present "Interest based financial system" we are following all over the world.

A man lends money, does no effort on his behalf but expects a higher return ...
" money --> NO effort --> more money return --> decrease in the value of money "

R
icher gets richer , and finally all the burden falls on the back of poor lying at the very end of the financial chain. Unless the financial system is changed from interest based to investment based (invest and share both the profit as well as the loss), the value of money will keep decreasing and the burden on the poor will keep increasing for ever.

Friday, December 21, 2007

Bismillah

Begining in the name of Allah (s.w.t) , may allah guide me the right way ....

Assalaamu Alaikum Warahmathullahi wabarkathuhu every one :))