THE REALITY BLOG

Showing posts with label crisis. Show all posts
Showing posts with label crisis. Show all posts

Sunday, January 11, 2009

Striking hard the strikers..



The nation has been witnessing the strong stands of the truck drivers and owners who refused to hit the gas few days back in an attempt to persuade the Indian Government to consider cutting down the diesel price and exempting these trucks and lorries from toll taxes. I understood how selfish and incorrigible these truck drivers and their supporting unions are for they want the Government not to burden them with these taxations but they don't mind if their burden is transferred to the people of the nation. I can't believe that these truck drivers are totally unaware of the fact that the Government turns its attention to the people to make up for what they lose to the truck drivers in the form of tax exemptions and fuel price cuts. For once, I am quite happy with the position Government has taken in this issue. It has thrown out statements, firm and strong in their depths, against the striking truck drivers and owners and has even gone to the extent of issuing charges against some of the Unions that have almost brought the nation to a standstill. When the Government that has all along been soft when it comes to terror and releasing the monotonous "We-condemn-this-act-of-terrorism" statement, stood strong against the literal menace of these mean truckers' union, the oil companies which joined hands with the latter to make use of the serious situation to get some fruit out of the air, showed a 180 degree change in their stance and are now back on the rails to continue with their works. Now, the only pests left are the Truckers' unions which need some serious lessons to be taught the hard way by the Government. As a result of these unions, the formation of which according to me should be abolished in a nation that calls itself secular and gives out equality for everyone in front of legislation, the nation saw one of the most crucial periods of all time and still the aftereffects can be felt by the Indian society. Demand for oil all over the country is at its highest over the last few decades. Bunks ran out of oil and I was horrified to see people wait in queues that were not less then a mile in their lengths in the petrol bunks along the GST. The fantastic part of the fable is that I didn't find a small change in the magnitude of congestion after the truck drivers sought after a strike that cut the fuel supplies to almost all the places in the country. This came as a hard slap on the faces of the striking truckers' unions and Government has even made arrangements to make the army get the necessary oil supplies for the people of the nation which has now endangered the jobs of the truck drivers. As a result, the people who are badly affected by the strike is no more the people of the nation but are the very people who joined hands to form what are now considered as a flock of dumb brutes or truckers' unions. Since the unions are now facing a bigger crisis than ever before, I guess they would call off the strike very soon or the nation would call of their services which are almost unwanted now since we have an alternative in our hands called the army that has always been highly reliable. For the first time in its tenure, the Government has helped the nation by being firm and helping the people make the so called Unions bite the dust. Kudos to the Indian Government! (I can't believe I am appreciating politicians! :-P)

Tuesday, November 25, 2008

India at bigger crisis..

The whole world is being squeezed by the imp called inflation and world nations are suffering great pains to rebuild their economies and start from the scrap to make the people feel their investments and savings are secure. Some of the countries have also taken strict measures to make sure their citizens don't suffer due to unemployment by restricting foreign citizens from getting into the companies and other firms in their countries. When it comes to a nation, there is nothing wrong in being selfish and planning for the people and nation's progress in the future. And that is exactly what the world nations have started to do. Many IT firms based in India are almost completely dependent on U.S and European markets for their projects. Now, with U.S.A being badly affected by financial crunch, the Americans prefer saying NO to outsourcing, which means the danger light has been switched on for the Indian firms. Indian companies are so shrewd they knew they would be required to face a situation as bad as the one they are experiencing now beforehand and tried their best to transfer their sources to other parts of the world. Unfortunately, this effort was not completely successful and as a result, in spite of all their hard work, our firms had to face some losses in terms of foreign income and share values. This has been reflected by the firms' stands on recruitment processes, for which a temporary halt has been put. Thus, there is a blockade for foreign income to get into India now. To add to this crisis which is quite common in all the countries at present, the terror attacks on the three of the best luxury hotels in Mumbai has resulted in many foreigners hesitating to even turn back to India again in the future since the targets were these foreigners and more specifically, Israelis, Britons and Americans. Life is more important than tourism. So, we can expect a strong depreciation in the quantity of foreign inflow due to terror attacks and the already existing economic crisis, which means India would be the most affected nation during this crucial period. Let us hope the recovery techniques are considered quickly and handled deftly by our new Finance Minister, who is also our Prime Minister.

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