Tuesday, February 9, 2010
A democratic nation Empowers everyone
Democracy - "With great opportunity, comes great responsibility". Every citizen of India is empowered to choose the government of the nation. He has the right to cast his vote. I think its high time we should revisit the whole process of voting in a democracy and find out where are the loopholes. Is the responsibility of a citizen just limited to cast his vote. If the citizen is not aware of his action, then aren't we jeopardizing the whole process of voting which should be the most fair process carried out in a nation. So, lets consider how can we make it more fair and relevant. Lets make the voting process a little more informative and inquisitive. How about putting some objective as a reason to be ticked along with the vote for a particular party/person. And for those who are unread and unaware, then let them have the opportunity of listening to the reasons put forward by the parties as reasons to get them elected. Moreover, we can make this process weighted, where if a voter is educated upto minimum required level, then his/her vote carries more weight compared to a voter who is unread. Agreed, unread doesn't necessarliy imply being unaware, but in effect this will put more pressure on the political parties to get the voters educated enough. Will this then not be a win-win situation for the nation and the parties along with keeping the fairness of the whole voting process. Food for thought?
Monday, February 8, 2010
Thoughts for Budget 2010 to FM, India
'Where there is change, there is Opportunity'. Lets not forget this. India is the biggest democracy in the world and second-fastest growing major economy. We should look at our competitors and then strategise how can we convert our weaknesses to our strengths. Agreed, fiscal deficit is a short-term weakness for India. However, we should not overlook what China, our neighbour, is doing to curtail the same. History has witnessed that the most successful companies were not the first one to enter the markets. They followed the ideas of the first entrants and then used the rising opportunities to strategise into a long-lasting success story for centuries. China is strong and deterministic in their stand as a nation. Lets be united and take strong and firm decisions. United States revolutionised their security after 9/11 attacks. Then why didn't India follow suit after 26/11 attacks. Agreed, we have much grave areas to worry upon. However, Mumbai being the financial capital of the country is very vulnerable to such attacks in a developing nation like India. We should be utmost cautious to protect our most important assets which will pave our way to success in future. Moreover, we should join hands with other developing nations to contribute and synergise and build into a much stronger sub-continent. We have a strong talent pool today with world-class education. We should involve the youth of the nation to decision making and make them feel important part of the success story of India. Entreprenuership should be encouraged to a large-scale which will help lower-middle class group to take more risk-free decisions and utilise their savings in a much better way. This is a very good way of giving back to society. Our government is not so strong as UK/US government in providing funds in a financial turmoil which happened last year. We can't afford to let something like that happen in India. We should be very cautious in introducing derivative instruments in our economy. Lets encourage corporates who operate in the same industry to operate in a same area. Lets vanish the concept of metropolitan cities and create a concept of 'Function' cities. This means that let all the growing cities like Pune, Chandigarh, etc have buddy cities like Mumbai, Delhi and then its the duty of the metros to ramp up the growing cities to take the next coming opportunities which will eventually help in metros distributing the load to other cities. This will help the nation to grow more fundamentally. Hope, our finance minister takes some of these thoughts and build upon these.
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