Monday, 24 June 2013

Re: [www.keralites.net] Gaurlkund Rescue

 

The Service of our army is superub.

Army has no relegion, politics etc.

Salute and thank  the Soldiers of Indian Army.

The effective actions thay have taken is quick &  the  best .

I feel pround and the confidence level in  our Army has increased many times.


guru


From: giridhar moorkoth <giridhar_contact@yahoo.co.in>
To: "Keralites@yahoogroups.com" <Keralites@yahoogroups.com>
Sent: Monday, 24 June 2013 1:34 PM
Subject: Re: [www.keralites.net] Gaurlkund Rescue

 
I agree with the observations in this mail. The politicization of the tragedy by political parties to earn 'brownie points' is so sad. I am reminded of a similar state of affairs when Kargil war was going on where the blame game kept going on back and forth while the Army rose to the occasion and evicted the intruders .
By the way Mr Antony had very little to do in the Army providing assistance in this disaster. It is a standard procedure for the civil administration to requisition the Army in case of natural calamities and the Army has standard operating procedures that are adopted immediately after the request is received. There are even Areas of Responsibilities (AOR) earmarked and battalions assigned to these areas for providing relief in case of disasters. Antony or no Antony, the Army belongs to the nation and is expected to do its best to provide relief to suffering countrymen.    
Regards and Godspeed,
Col M Giridhar(Retd)

From: Abraham P.c. <pc_abraham1944@yahoo.in>
To:
Sent: Sunday, 23 June 2013 7:40 PM
Subject: [www.keralites.net] Gaurlkund Rescue


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Re: [www.keralites.net] Gaurlkund Rescue

 

Natural calamities are lessons ,reminders to Human with out vision.


The present is a warning to other areas like ,OOTY, WAYNAD, IDUKKI, and most of the other places ,politicians and other wrong minded people exploit and explore.

It is time for the people with compassion to give an ear to people,organisations,and activists who work for NATURE, THE GIFT OF ALMIGHTY.

Only the mean minded people play politics out of such heart breaking calamities.

With concern

P.A. NARAYANAN,

www.keralites.net

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[www.keralites.net] How to Avoid Mobile Radiation

 

How to Avoid Mobile Radiation
Harmful effects of mobile phone radiation on the health of human beings and the environment have raised an alarm. It's time that the issue is taken seriously and strict guidelines issued to cellphone manufacturers and network providers

In India, cellphone use has increased from 50 million in 2005 to approximately 800 million now and the number is increasing. The direct and indirect contribution of cellphones to the growth of the economy is unquestionable, but at what cost? This is a relevant question. The ill effects of radiations from Wi-Fi, laptop, etc are similar but mobile phones need to be looked at urgently because of the increase in their usage. In Europe, their number has increased to more than 100 per cent of the population in most of the countries. In India, the fgure will reach this level by 2012.

The radiation will not be from individual radios, televisions or defence transmitters, but practically every individual will act as a source of radio-frequency (RF) radiation. According to scientists researching the harmful effects of mobile radiation, there exists an electro-magnetic wave pollution called as 'electro-smog.'
Fun & Info @ Keralites.net
Evidence of EMF's bio-effects
Research on electro-magnetic fiel (EMF) effects started at the time of world war in a limited way. It was noticed that birds fell from antenna towers on the warships. The birds not only died but were in a roasted, ready-to-eat condition. This stopped when the radar power was switched off. The effect is similar to present-day microwave oven cooking. Also, birds lost their direction when they approached the antenna and started flying in zig-zag directions. The birds ability to navigate with the help of the earth's magnetic fiel (very low level) and galactic magnetic field (very ver low fiels) was already known. Based on this, it was identified that powerfu electromagnetic effects of antenna-radiated power confused the birds.

Recommendations of India's inter-ministerial committee report
1. Reduce RF emission to one-tenth of current levels in densely populated areas
2. Reduce SAR levels
3. Set up a monitoring network
4. Tropical Indians have low fat content so they are incapable of absorbing more radiation
5. Canada, Australia, New Zealand, Russia, Switzerland, Italy, Poland, China and Belgium have adopted even stricter guidelines
6. Mobile manufacturers should provide booklets carrying warning
7. People with active medical implants should keep cellphones at least 30 cm away from their body

Some facts figures
1. Power permitted for cellphones is 1000 microwatts/cm2
2. Stellar level is 0.000000000000000000000001 microwatt/cm2
3. Cellular power allowed is more than ten million times the levels received from the sun and stars
4. Stars' radiation level is 0.0000000000000000008 micro watts/cm2 (10 MHz)
5. Solar radiation is 0.00000000001 micro watt/cm2
6. Cellular satellite received power is 0.0000001 microwatt/cm2
7. Safety standard is 1000 microwatts/cm2
Research thus started on the harmful effects of powerful EMF on individuals working on the ship. The focus was on the thermionic effects. It was found that above a certain level of EMF, the cells in the body started splitting. The effects were different for different types of cells.

In those days, EMF-generating sources were less in number and the power emitted was very high because of long-distance applications. Ground-level EMF-generating sources were isolated from the public by putting fences. Professionals working in the field took precautions. Later it was found that the radius maintained to protect was inadequate because of higher incidences of cancer among people living around the periphery of the fence (so-called safe area). According to some reports, this information was kept a secret (only included in classified defence documents). The reason given to people for increasing the radius of the protected area was expansion of the activities in the campus.
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Fig. 1: Comparison of maximum permissible exposure level (MPEL) established for 50Hz power frequency electric fields as the obligatory standard for the general public in Russia versus similar values recommended by ICNIRP

Fun & Info @ Keralites.net
Fig. 2: Comparison of MPEL for 50Hz magnetic field flux density as the obligatory standard for the general public in Russia versus similar values recommended by ICNIRP
Emission standards set by different countries
When RF products came into public use, there was a requirement for fixin emission standards. Thus standards were set by the International Telecommunications Union (ITU) based on the thermionic emission. Safety factor was given to cell-splitting effects. Standard EMF levels were specified.These standards are being followed by the ITU for all types of RF transmissions. Europe has set an International Commission on Non-Ionizing Radiation Protection (ICNIRP) standard of 2 watts per square metre, while the US follows the Federal Communications Commission (FCC) standard of 1.6 watts per square metre. But all European countries do not follow ICNIRP limits. Many countries have set much lower limits. Russia has set a limit hundred times lower than the European limit, based on its research findings

Electromagnetic waves contain energy. Depending upon the energy level received by the human body, these can be categorized into two types: The high energy levels of electromagnetic fields capable of directly splitting the cells in the human body, and the low energy levels of electromagnetic fields that ar incapable of directly splitting the cells in the human body.

The non-thermionic energy of EMF is known to induce changes in the cells, but so far assumed as safe. But of late, particularly after 2000, more cases of cancer have been reported. Research work was undertaken to find out the causes for the spurt in cancer. The noticeable effect was in patients living near cellular transmission towers. The EMF intensity levels were measured and found to be lower than the ICNIRP standard (being followed in India also). But the difference was that the residents of the area were continuously exposed to EMF twenty-four hours a day. The standard-specifed upper limit was a maximum of twenty minutes a day. It meant that continuous exposure at lower levels was the cause for cancer. Earlier studies were field studies and could not establish correlation in case of patients exposed to much lower levels of EMF radiation.

Scientists worldwide have carried many experiments. Russia has conducted extensive research in the field.Since the study is expensive and calls for cooperation of doctors, scientists, fiel study, etc, Europe has signed a contract with Russia to use their expertise.

The theory is that:
1. Continuous exposure to much lower levels of RF radiation leads to serious health hazards
2. Pulsed radiation at the same average power is more harmful than continuous power
3. Women are more susceptible to EMF health hazards
4. Children and younger generation are most susceptible because of early introduction to cellphones and tendency to use these for a much longer duration

FCC regulations
The FCC recommendations closely follow the 1992 recommendations of the Institute of Electrical and Electronic Engineers (IEEE). These limit the specificabsorption rate (SAR) to 1.6 watts per kilogram for part of the body (head exposure), 0.08 watt per kilogram for the whole body, and 4 watts per kilogram for exposure to hands, wrists, feet and ankles.
Fun & Info @ Keralites.net
Fig. 3: Comparison of MPEL at 0.03-300MHz frequency range established as the obligatory standard for the general public of Russia versus similar values recommended by ICNIRP
The FCC studies are based on the studies conducted on animals in 1970s and 1980s. Based on recommendations of the IEEE, the SAR level of 4 watts per kilogram is adopted for mobile phones. An analysis made by the Environmental Protection Agency (EPA) concluded that biological effects occur at SAR levels of 1 watt per kilogram—one-fourth the SAR level chosen by the FCC. Radio frequency has shown to induce heating of tissues leading to behavioural changes in mice, rats and monkeys, indicating potentially adverse effects in human beings too.

Russian standards compared to iCNiRP
Studies on EMF's health effects were initiated in Russia in 1948. In the following years, comprehensive hygienic, clinical, physiological and experimental studies were carried out. The contemporary Russian electromagnetic safety standards (sanitary and epidemiological norms and regulations, SanPiN) are developed based upon the analysis of these study results. These studies including chronic (long-term) EMF exposure have given the opportunity to identify the most sensitive systems of the human body—nervous, endocrine, immune, cardio-vascular and reproductive systems. These critical system reactions were obligatorily taken into account while assessing the risk of EMF's negative effects on human health to develop Russian standards of electromagnetic safety.

It was also demonstrated that health effects of long-term exposure to EMF over many years may accumulate to cause degeneration of the central nervous system, leukaemia, brain tumours, cardiovascular diseases and hormonal changes later. EMF can be especially dangerous to children, pregnant women, people with central nervous, hormonal and cardiovascular system diseases and people with allergies.

Power density exposure limits for GSM1800 adopted by various countries
• Australia - 2 W/m2
• Austria, Salzburg City - 0.001 W/m2 (precautionary limit)
• Belgium (ex Wallonia) - 1.2 W/m2
• Canada - 3 W/m2
• CSSR, Belgium, Luxembourg - 0.24 W/m2
• India - 9.2 W/m2 (as per ICNIRP recommendations)
• Italy, in areas with duration greater than four hours - 0.095 W/m2
• Italy, in sensitive areas - 0.025 W/m2
• New South Wales, Australia - 0.00001 W/m2
• New Zealand - 0.5 W/m2
• Poland, China, Italy and Paris - 0.1 W/m2
• Switzerland - 0.095 W/m2
• USA - 10 W/m2 (as per FCC OET-65 Public Exposure Guidelines at 1800 Mhz)

The basic requirement for permissible EMF levels established in Russia is the absence of even transient homoeostasis disorder (including reproductive function) as well as the tension of protective and adaptive compensatory mechanisms—both at the nearest and late periods of time (which is different from EMF regulation system adopted in Western Europe and the US).

Thus maximum permissible levels of EMF established by Russian national standards at the 0Hz-300GHz frequency range are the strictest worldwide and provide the maximum protection to humans under EMF exposure.

how concerned is india
India does not follow many of the guidelines that are followed in the US. For example, in the US there should be no residential building within 50-metre radius of the cellphone tower. But in India, towers are created over lodges and multi-storied buildings. Cellphones might spread health hazards in epidemiological proportions. The types of diseases as per the research are due to the impact on cell growth in the human body and cell differentiation. Immune system, reproductive system and cardiovascular system are the physiological functions affected.

Since communication systems cannot be avoided, power levels should be reduced and guidelines strictly followed. Users should take precautions and manufacturers should be made to follow norms.
Excerpts from Prof. Girishkumar's report submitted to secretary, DoT, on cellphone radiation effects in Dec. 2010
1. Effect of increased dose of radiation on sleep
(i) At 0.1 nW/cm2 exposure, sleep disturbance is 25 per cent
(ii) At 1 nW/cm2, sleep disturbance is 35 per cent
(iii) At 10 nW/cm2, sleep disturbance is 45 per cent
(iv) At 100 nW/cm2, sleep disturbance is 55 per cent
It can be seen that with logarithmic increase in dose, sleep disturbance increases linearly.

2. Radiation in Mumbai
A recent study revealed that the electromagnetic radiations emitted from phone towers in Mumbai were way beyond safety levels. According to the study, the real safe limit of radiations for human beings is up to 50 μW/m² and the upper limit is 100 μW/m². The study revealed that the radiation readings in several residential areas were more than 1000 μW/m². Mumbai has witnessed a spurt in the number of phone towers in the recent past exposing people to dangerously high levels of radiations. Being exposed to such radiation leads to problems like loss of appetite, irritation, fatigue, difficulty in concentrating, headaches, problems in vision, infertility and deformity of foetus.

3. Occupational hazard
Studies of people who are exposed to mobile radiations as part of their work have shown elevated levels of health risks in them. Those employed in electrical occupations are 10 to 20 per cent more likely to get brain cancer and show elevations in non-Hodgkin's lymphoma.

4. Auditory perception of microwaves
Ringxiety—the psychological disease of hearing phantom sound and sensation of cellphone ring—has appeared in Japan (also reported in India) among cellphone users.

The Indian government has started a research programme for analysing the effects of mobile radiations on human health and environment after receiving a report from IIT professor Girishkumar. Its objectives are:
1. To study the standards followed by different agencies on mobile power limits
2. To compare the levels
3. To go through the historical research papers and conclusions ar-rived at
4. To look for proven research
5. To study the research carried out in India
6. To identify the power level suited for India, which is a tropical country
7. To give suggestions to the users to avoid problems
8. To give suggestions to the government regarding future actions
9. To give suggestions for immediate implementation
10. To go through case studies in India and abroad
11. To list out possible health effects in India
12. To analyse the effects on different age groups
Fun & Info @ Keralites.net
Fig. 4: Comparison of MPEL at 0.03-300GHz power flux density established as the obligatory standard for the general public of Russia versus similar values recommended by ICNIRP
An inter-ministerial committee has been set up, which has given its recommendations on the subject. The committee's recommendations have far-reaching implications as it has suggested to cut the mobile power transmitted by one-tenth of its current value. This has serious implications for the mobile service providers. Whether this level of power reduction is adequate or not is the next question because many countries have already kept power levels much lower than this level in mobile transmitters.

Thus, in the middle of projections of epidemiological proportions of health issues, this topic gains much importance. Even more important is the point that regulations followed in other countries are not followed by mobile service providers in India even to maintain the high-level ITU specifications

Recommendations to the government
1. Immediately implement the 50-metre safety zone around mobile towers.
2. Separate out different service providers' mobile towers, otherwise, these tend to accumulate more power.
3. Avoid towers near educational institutions.
4. Ensure that SAR rating is provided on the front cover of the cellphone manual with warning.
5. Implement EMF monitoring systems near towers and other locations.
6. Ensure that the ICMR research setup concentrates on areas where cellphones were introduced firstin India and speed up the process.
7. Tie up with countries having rich experience to evaluate the long-term effect of cellphone usage, as in other countries cellphones were introduced much earlier.
8. Ensure that companies supply necessary accessories to mobile users as a preventive action and advertise the harmful effects of cellphones strongly to the public.

Cautions for cellphone users
Mobile companies should accept the fact that radiations cause serious health problems. In the last few years, epidemiology evidence on the mobile phone use and risk of brain and other tumours of the head has grown considerably. The studies published till date do not demonstrate a raised risk within approximately ten years of use for any tumour of the brain or head. However, some key problems remain—for example, selective non-response and exposure misclassification.

The available data does not suggest a causal association between the use of mobile phones and fast-growing tumours such as malignant glioma in adults. For slow-growing tumours such as meningioma and acoustic neuroma, as well as for glioma among long-term users, the absence of associations reported thus far is less conclusive because the current observation period is still too short. Currently, the data completely lacks the potential carcinogenic effect of exposures in childhood and adolescence.

Several precautions are suggested for cellphone users:
1. Minimise the time you speak. Preferably use the mobile phone only for a very short duration.
2. Minimise the intensity of the irradiation. Avoid calling when the signal is weak, because then the mobile radiates maximally. Keep your phone as far away from your body as possible. For this purpose:
(i) Use safe headsets—the kind with a plastic tube between the earpiece and the phone. Search Google for tube + headset (or airtube) and you will findseveral alternatives.
(ii) Use a loudspeaker phone, as your headset may not always be available. But be careful that your face is as far away from the phone as possible to reduce absorption of radiation by the face.
3. Avoid putting the cellphone in your left pocket, which is closer to heart.
4. Avoid carrying cellphone clipped to your belt, as it has been found to affect fertility.
5. Use a rear shield for the phone to prevent radiation towards your body.
6. Buy cellphones with low SAR rating.
7. Buy cellphones of reputed make so that at least the present-day power levels are ensured.
8. Keep the cellphone away while sleeping.
9. Switch between the left and right side of your head when using the cellphone without headsets.
10. Pregnant women should avoid cellphone usage as it may affect the foetus.
11. More precautions should be taken with children since they are more susceptible to cell damage.
12. Avoid unwanted calls and advertisements through calls.
13. Use your landline, particularly when your work demands a lot of communication.

www.keralites.net

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Re: [www.keralites.net] Interesting!! Look how world economy revolves...

 

Very interesting subject. It opens up your mind and makes you thinking on ECONOMY of our country and the world. It is VERY DIFFICULT to accept 100% fully Dr. Subhas Chandran's argument. Let us see what does another eminent economist, Dr. Bharat Jhunjhunwala say in his article "The reason why the gold prices are galloping" It throws more light on this subject of World Economy.

The reason why the gold prices are galloping
By Dr Bharat Jhunjhunwala 

The global investors are today looking for an alternative storehouse to keep their wealth. They want to exit the Dollar, Euro and Yen. This alternative storehouse they are finding in Gold. Thus, the price of gold is likely to increase more in the near future.  

It will be plainly understood by the reader that the value of the paper on which a 1,000-rupee note is printed or the paper on which a cheque of Rs 1 crore is written is scarcely 1 paisa. Or the value of the paper on which a property valued at Rs 10 crore is registered maybe only a few lakh. The value of these papers arises from the backing of the matter written thereon. The 1,000-rupee note is valuable because the Reserve Bank of India guarantees to redeem it. A cheque is valuable because the bank is ready to honour it. The document of a property is valuable because the police is committed to restore possession of the owner. It will be clear from the foregoing that value of a currency arises from the ability of the central bank to back it with real assets. 

The American dollar was backed by the US government in this manner after the Second World War. 
The American Federal Reserve Bank guaranteed that it would provide an ounce of gold for 35 dollars to anyone who demanded this. In this situation it was profitable for people to keep their wealth in form of dollars instead of in gold. They could deposit the dollars in a bank and earn interest on it. They could withdraw the dollars from the bank and convert them into gold whenever they wanted. Keeping wealth in form of gold did not earn interest. This was the reason that the dollar acquired the status of the "world currency". 

The situation changed dramatically in 1971. Oil-producing countries of West Asia formed a cartel by the name of OPEC and raised the price of oil overnight from about $1-2 a barrel to $11. Subsequently, they raised it to about $21 a barrel. The American economy started feeling the pressure of expensive oil. People were worried whether the Federal Reserve Bank would be able to honour its guarantee of exchanging 35 dollars into an ounce of gold. There was a run on the dollar. This forced the Federal Reserve Bank to withdraw the guarantee. The gold standard was abandoned. The dollar was no longer freely convertible into gold. 
This was the beginning of the end of dollar supremacy. The writ of the dollar continued, however, because the United States accounted for more than one-third of the global economy at that time. 

The US economy began to crumble in the nineties in large measure due to the wars in Iraq and Afghanistan. The American government did not have the money to wage these wars. American people also did not have the income to consume goods produced by rest of the world. America adopted Charvaka’s dictum: "
Borrow and drink ghee." The Federal Reserve Bank sold US Treasury Bonds in large quantities to raise moneys for the wars and for consumption by the American people. 

Coincidentally, China was seeking modern technologies at the same time. China invited American multinationals to come with frontline technologies and establish manufacturing facilities in China to produce goods for exports to their home country. 
China provided these multinationals with cheap labour having virtually no protection of labour laws and cheap electricity and minerals. The multinationals exploited these cheap resources and exported goods to America. The problem was that America did not have the money to pay for these imported goods. China stepped in and started buying US Treasury Bonds. China provided the money to America to buy Chinese goods much like automobile companies provide loans to buyers. America sold US Government Treasury Bonds and bought goods from China and waged wars on Iraq and Afghanistan. In the last decade, this led to China accumulating US Treasuries to the tune of $1,400 billion. This accumulation of US Treasuries was okay as long as the US economy was strong. 

There were limits to this policy of borrowing for consumption, however. Last two years have seen this truth dawning upon global investors including China that the US was living beyond its means. Most expect the dollar to decline further. Investors stopped investing in dollar-denominated assets. The extent of decline of the US economy can be gauged from the fact that the price of gold has increased from $35 to $1,000 an ounce between 1971 and 2009. 

This decline of the US economy is not clearly visible today. The dollar has risen against the rupee, for example. Four years ago, the price of a dollar was Rs 40 as against Rs 48 today. But this is deceptive for two reasons. One, the Indian rupee has decline parallel to the dollar because the Indian government has been as profligate as the American government. 
Both are declining as two persons holding each other drown in the river together. Secondly, American companies have brought back investments made by them in foreign countries after the crisis has struck at home. This inflow of dollars is temporarily pushing up the value of dollar against other currencies. The rise in dollar against the rupee, therefore, does not cancel the long-term decline in the dollar, which is plainly visible in the steep increase in the price of gold since 1971. 

The decline of the dollar has removed the only 'safe' storehouse of wealth. 
The dollar was considered safe in the last 60 years after the Second World War. The value was reduced to one-half upon abandonment of the gold standard in 1971. The American economy continued to dominate the world, however, because it was the largest and technologically most advanced. The remaining value of the dollar has declined in the last two decades, in part, because of the wars launched by that country. The global investors are reluctant to invest their money in dollar-denominated assets like US Treasury Bonds, property in Manhattan or shares of US companies because the future of the US economy and value of the dollar are no longer stable. My assessment is that the world economy will face another crisis, perhaps worse than the present one, in the coming two-three years. The US dollar, European euro and Japanese yen will all crumble because the high wages of these economies are no longer sustainable against the high-technology low-wage combination wielded by India and China. 

The global investors are today looking for an alternative storehouse to keep their wealth. They want to exit the dollar, euro and yen. 
This alternative storehouse they are finding in gold. Thus, the price of gold is likely to increase more in the near future. There may be a temporary decline for a year or so as the Western economies grow on the back of the stimulus packages. But this façade will collapse as soon as the time comes to pay for the stimulus packages. Therefore, gold is likely to shine in the times to come.


​Gangadharan Nair.​


On 23 June 2013 09:51, shashikumar nair <shashi_ettan@yahoo.com> wrote:
 

Look how world economy revolves...

*Interesting!! *

Wise men talk because they have something to say; fools because they have

to say something.
​ 
Amazing logic indeed, this is a crazy world!
​  
*Interesting article written by an Indian Economist. *
​  
Japanese save a lot. They do not spend much.
​  
Also, Japan exports far more than it imports.
​  
Has an annual trade surplus of over 100 billion. Yet Japanese economy
​  
is considered
​  
weak, even collapsing.

Americans spend, save little.
​  
Also, US import more than it exports.
​  
Has an annual trade deficit of over $ 400 billion. Yet, the American economy
​  
is considered strong and trusted to get stronger.
​  
But where from do Americans get money to spend?
​  
They borrow from Japan, China and even India.

Virtually others save for the US to spend.
​  
Global savings are mostly invested in US, in dollars.
​  
India itself keeps its foreign currency assets of over $ 50 billion in US
securities.
​  
China has sunk trillions of dollars in US securities.
​  
Japan's stakes in US securities is in many billions.

*The Result: *
​  T
he US has taken over $ 5 trillion from the world.
​  
So, as the world saves for the US, Americans spend freely.
​  
Today, to keep the US consumption going, that is for the US economy to work,
​  
other countries have to remit $ 180 billion
​  
every quarter, which is $ 2 billion a day, to the US !

A Chinese economist asked a neat question.
​  
Who has invested more, US in China, or China in US?
​  
The US has invested in China less than half of what China has invested in
US.
​  T
he same is the case with India. We have invested in US over $ 50 billion,
​  
but the US has invested less than $ 20 billion in India.

*Why the world is after US? *

The secret lies in the American spending, that they hardly save. In fact,
​  
they use their credit cards to spend their future income. That the US
​  
spends is what makes it attractive to export to the US.
​  
So, US import more than what it export year after year.

*The result: *
​  
The world is dependent on US consumption for its growth. By its deepening
​  
culture of consumption, the US has habituated the world to feed on US
consumption. But as the US needs money to finance its consumption, the
​  
world provides the money.
​  
It's like a shop-keeper providing the money (credit) to a customer so that
the customer keeps buying from the shop.

If the customer will not buy, the shop won't have business,
​  
unless the shopkeeper funds him. The US is like the lucky customer. And the
​  
world is like the helpless shopkeeper financier.
​  


Who is America's biggest shopkeeper financier?

Japan of course.
​  
Yet it's Japan which is regarded as weak. Modern economists complain
​  
that Japanese
​  
do not spend, so they do not grow.
​  
To force the Japanese to spend, the Japanese government exerted itself, reduced
​  
the savings rates, even charged the savers.

Even then the Japanese did not spend (habits don't change, even with taxes, do
​  
they?).
Their traditional postal savings alone is over $ 1.2 trillion,
​  
about three times the Indian GDP. Thus, savings, far from being the strength
​  
of Japan, has become its pain.

Hence, what is the lesson?
*That is, a nation cannot grow unless the people spend, not save. Not just
​  
spend, but borrow and spend. *

This the new theory of economics has evolved

Dr. Jagdish Bhagwati, the famous Indian-born economist in the US, told
​  
Manmohan Singh that Indians wastefully save.

Ask them to spend, on imported cars and, seriously, even on cosmetics!
​  ​

This will put India on a growth curve.
​  
This is one of the reasons for MNC's coming down to India, seeing the
​  
consumer spending.

'Saving is sin, and spending is virtue.'

But before you follow this neo economics, get some fools to save so that
you can borrow from them and spend !!!

Regards
Dr. P.R.Subas Chandran, Ph. D


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Re: [www.keralites.net] Gaurlkund Rescue

 

Ofcourse Indian Army is doing well.But compare what Tamilnadu and Gujarat Govt. is doing for the stranded people and what Kerala Govt. is doing.They are busy with upamukhya manthry,abhyantharam,sloar,saritha,biju and now jose thettayil.


From: Sunil.R <kuts70@gmail.com>
To: Keralites@yahoogroups.com
Sent: Monday, 24 June 2013 10:08 AM
Subject: Re: [www.keralites.net] Gaurlkund Rescue

 
Well said. You are absolutely right Mr.Abraham. The stranded peoples are "INDIANS". not count them as "Keralites,Tamilians, Kannadigars or Marattis" As a federal state, It is the duty of central govt. to
rescue the people from there. I believe Indian army is doing well there. About the swami's of Sivagiri, I dont think any difference between common people and them. Not required any special attention for them.
Ofcourse  some people are fishing on muddy water.




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Thanks and Regards,


 SUNIL.


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