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07/03/2005 - 07/09/2005
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08/28/2005 - 09/03/2005
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09/11/2005 - 09/17/2005
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11/27/2005 - 12/03/2005
12/11/2005 - 12/17/2005
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07/16/2006 - 07/22/2006
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Sunday, July 16, 2006
democracy and us
hallo folks here i am again to post my views.
first of us let us mourn for the pepole died in the recent mumbai bomb blast.
The initiators of democracy had started this process for the people, by the people and of the people, but somehow in our eternal quest of economic and geopolitical dominance quest, we have made this process frameworked as
Dominance by the people
Dominance for the people
Dominance of the people
and this mindset has gradually led to the birth of greed,jealousy and fight for power.
we have to somhow get rid of this ridiculous policies and prepare a strategy for the overall peace and co-existence.
Posted by Ashish parekh on 01:15 AM 0 Comments
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Sunday, June 25, 2006
Democracy
hallo folks i am back again to post my views after a long time (oops sorry)
In this time i was just wondering the advantages/disadvantages of the model of democracy. what i perceive is that the current model of democracy teaches every participants something, especially when it is implemented to its full in its true spirit (presently it is more seen in metros).
It teaches the layman of diverse backgrounds to tolerate the inacuracies of others, it teaches the poor to face exploitation, it teaches the rich to tolerate lethargy in work, it teaches the people to tolerate the lack of systems and infrastructure, to some extent it teaches you non violence, it teaches you to freely expressed yourself (somehow it has become a fashion only for elite and well educated).
If deeply viewed we will find that we are taking this freedom for granted, and it seems that our model of democracy has become a ram bharose hotel, its high time that we wake up to this fact and try to bring a more sustainable economic cost effective model of democracy with the right features (some of which are mentioned above).
Posted by Ashish parekh on 03:42 AM 0 Comments
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Saturday, February 11, 2006
human approach to business
well folks here i am back to post my views:
recenty i had attended a seminar on Mutal fund in india, it was about teaching the basics of mutual fund, and its diffrent features. one of the features we read about was sectoral funds, for e.g pharma funds, where a collective investment would be done in pharma sector companies.
suddenly i realised that our indian mutual funds can start such funds which would only invest in those companies, who are good corporate citizens and take good care of their stake holders (including employees), and make a overall contribution to the economy in a more positive way, subject to commercial feasibility.
The benefit of such companies would be that more and more public listed companies, within their commercial parameters would, try to get funds from such mutual funds, by implementing good standard of corporate goverance and improving their corporate image on investment front.
Posted by Ashish parekh on 11:15 PM 0 Comments
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Tuesday, February 07, 2006
photo of the writer
my photo click the link given below:
https://www.angelfire.com/wizard/ashishbilu/Ashish.jpg
if you see me please email me at " ashishgparekh@rediffmail.com" and send me your photo so we can become e-pals
Posted by Ashish parekh on 02:34 AM 0 Comments
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Saturday, December 31, 2005
theory of circulation
It has been frequently reported in newspaper that in our indian economy there is a big nuisance of unaccounted money, and we as our nation keeps on emphasisng on bringing that money to accountabilty.
in my humble view our finance minstry should take steps to bring this unaccounted money in circulation by encouraging enough spending on productive sectors i.e secotrs which would create employment and help in growing our economy.
i know its easier said than done i recommend the follwing steps (it is only for past years unaccounted money and in future very less money would remain unaccounted is presumed):
1) Good reputed companies and having a networth of Rs.500 cr and more and also contribute in developing infrastructure (e.g roads,bridges - cement & engg sector, petrol & diesel- exploration sectors, drugs & medical - pharma sector etc...) should be allowed to issue ZERO PERCENT (0%) interest bonds for 4 years in return for unaccounted money, that money should be than returned accounted and through cheque payment.
logic for all concerned stake holders:
i) Parties with unaccounted money : say if a entity/person has got now rs.100 unaccounted and if he declares the same in his accountibilty statement than as per current laws atleast Rs.50 would be deducted and he would left with only rs.50 plus he would have to face other consequences if caught. but the same person invest rs. 100 of such money in the above mentioned bonds than presuming rate of interest @ 1% for 4 years he would also lose rs. 50 on interest and would be returned rs. 100 in accountabilty. now with this accounted money he can increase his networth and can avail loans from banks & institutional loans.. so logically he doesn't lose on principal amount and at the same time also gets a face saving from not paying taxes and with the returned accounted money he can display increased networth to avail loans/funds much needed for its business.
ii) High Networth Companies: they would recive cheap interest free money as refundable loans, the benefit of this can be passed out to consumers,employees & shareholders.
iii) Goverment/authorities: in the short term they may feel that they are losing on taxes, but since the money collected by them is used for development of infrastructure and economy, the above mentioned companies get the contract (on competitive basis) from the govt. and gets paid from the taxes collected, than why not channel the same money towards the funding of infrastructure & markets, in the long run a mechanism has to be developed that money would not again get unaccounted and would remain in circulation, that would satisy the needs of many stake holders at one shot. after prolonged thinking what i feel is that now this unaccounted money if sucked back from active business economy would lead to a scarcity of funds and would eventally may lead to fall of demand which again is a loss of revenue through indirect taxation.
The above points are open for debatable and any loopholes remaining open shuold be sealed and all views & opinions are invited at
ashishgparekh@rediffmail.com
Posted by Ashish parekh on 10:22 PM 0 Comments
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Wednesday, December 14, 2005
i have been reading quietly in our news paper of the developing nations stalemate with G-8 over the issues of export subsidy & Food subsidy.
i am sure that our developed nations must have made a study regarding the following and it would be intresting to know the figures of the below mentioned sectors:
i) The total amount of subsidy given by them to farm sectors and that sectors contribution to their economy after deducting subsidy from that contribution i.e net gains.
ii)The total white goods (i.e mfg prods/electronics) exported by developed nations to third world countries and its contribution to their trade surplus.
by theory of circulation (propounded by humble myself) if part ii) is contributing more in the economy & trade surplus than farm subsidies should be reduced there by allowing the developing nations to export farm surplus in a way it would create demand for the imported white goodies of g-8 nations & e.u.
or
if part i) is contributing more in the economy & trade surplus ( which is most unlikely in any developed nations) than developed nations should be allowed to have the farm subsidy but should also subsidised exports of white goods and make them cheaper for developing markets and should liberaly aid the world trade - the benefit on both the sides would be as below:
i) in the short term benefit both developed as well as developing nations would have a tolerable range of trade surplus/deficit.
ii) in the long term free global trade would be promoted and demand for white goodies & services would incurred.
the above mentioned views are free from any ideology and are debatable as no concrete figures are avilable on a cumalative basis.
Posted by Ashish parekh on 11:59 PM 0 Comments
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Wednesday, November 30, 2005
i have been reading quietly in our news paper of the indian stalemate with u.s.a over the issue of gas pipeline from iran and usa opposing the same.
what first impression i am getting is that we are getting bounded by our current perception & obsession for energy security rather than following a long term strategy for maintaing good relations ( and obviously deriving benefit out of it) with our global counterparts.
vice versa the same is also applicable to our global freinds, they are also bounded by the obsession of the current perception of the geo poiliical order in the south asia region.
It is interesting to observe that developed countries want a free global trade, but at the same time dont want to develop strategy for cordial relationship with different ideologies, in my view in the long term if they are able to successfully develop such strategy, their economy would benefit the maximum by their countries currency global acceptance , which it seems is also one of the obsession factors in their current perception.
Posted by Ashish parekh on 03:54 AM 0 Comments
wha i read and my views
recently i read the book of our beloved president Mr.azad - wings of fire.
after completly reading the book the only impression i got of his life was that true to his name, he has lived the life in a truly azad way.
he him self has acknowledged that he was never bounded by the boundaries of wordly senses and only felt true accomplishment in his work.
in all senses its a worth 100% reading for all faithful souls in india, especially the youth of india who today unfortunately are bounded by the false boundaries of careers and wordly senses.
i am going through a detailed analysis of the book and would like to convey mr azads message to the youth which i have interpreated from the readings of his books.
Posted by Ashish parekh on 03:31 AM 0 Comments
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Tuesday, October 18, 2005
handy or handsful
well i have been reading quiet frequently in indian newspaper that indian companies want to go global,and want to get in to top 5 global firms. after prolonged thinking, i had expressed my good thoughts earlier in this blog that big sized companies should publish their respective average industry earning ratio in their annual reports.
AND VICE VERSA if indian companies want to get into Top 5 slots of the globe than they have to acheive that much turnover and assets structure, to acheive that whether they have sufficient funds, and if not how are they planning to raise the same , with the exisiting assets base.
sometimes withmy limited knowledge of economics, i do wonder that if our indian companies are doing so good and if we are geting the western outsourced work, than why indian rupee is not getting stronger agianst their global counter parts.
Posted by Ashish parekh on 05:19 AM 0 Comments
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Friday, September 16, 2005
stalemate or one way
for last few days i have been reading about the international politics (including inda-us stalemate), well with my limited exposure to international diplomacy what i felt is that:
The world of Int.Politics/trade/defence/research (they are in a way tangled to each other), is working on the basis of break even (defined as to give & take both should match either way), but the problem arises when the perception of break even constantly changes this does not allow to formulate a strategy to solve the problems.
In view of the constant changes of technology, perceptions, procedures, internal politics, peer pressure of democracy, the words like diplomacy, strategy has become futile.
Posted by Ashish parekh on 03:10 AM 0 Comments
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