Sunday, 9 February 2025

Right to Access Markets

The effect of globalization and open economy during the decade had enormous ramification on trade between markets of the countries. To put in simple words access to markets was so genuine that ushered close relationship between the economies of the country.

By late Mr. Trump has been threatening economies of the world by what is called as tariffs in accounting language which is nothing but restricting the access to its markets in unprecedented manner. And there is something interesting link in Indian context wherein Muslims were restricted of their access to temporary markets in Prayagraj.

Yes! You have read the writing on the wall in the right context. It is nothing but gaining a traction on access to markets which the powerful believe in for arm twisting the perceived threats. 

Markets are arenas in which buyers and sellers can gather and interact. A high number of active buyers and sellers characterizes a market in a state of perfect competition. The market establishes the prices for goods and other services. These rates are determined by supply and demand. The sellers create supply, while buyers generate demand. Markets try to find some balance in price when supply and demand are in balance.

Market access is a deep topic and requires a good amount of time to research various dimensions involving the same. Market access refers to the ability of a company or country to sell goods and services across borders. Market access can be used to refer to domestic trade as well as international trade, although the latter is the most common context. Market access is not the same as free trade.

Saturday, 8 February 2025

Raising to the occasion

I was hearing tamil song 'ஒருவன் ஒருவன் முதலாளி' from Muthu featuring Superstar Rajni Kanth in lead role. The song was full of facts which ticks off our wisdom. And one line which stood out was 'வாழச் சொல்லுது இயற்கையடா வாழ்வில் துன்பம் செயற்கையடா'. To translate in english lyrics states that happiness in natural and sadness is artificially man made creation.

If you look deeper most of the time sadness is result of someone's ignorance and associated greed, who fails to realize that his greed whose repercussion has to be felt even by last mile person distantly linked in the chain. One of the most hidden fact when some unwelcome incident occurs is that only the person who resulted in the damage is held responsible but fact of the matter is that there will always be one person who is aware of such incident about to happen but absolves from his responsibility from preventing the same due to various reasons adding more fuel to the fire.  

'Raising to the occasion' is preventing most of the mayhem in the world orchestrated by the vulgar think tanks. When an anti-social element crosses the limits police has to raise to the occasion, when a terrorist cross the limits Army has to raise to the occasion and when a government crosses the limits opposition has to raise to the occasion. 

Raising to the occasion is a double edged sword, wherein one who raises to occasion has to do it with purest intentions as he is exposing himself to strongest version of rebuke from against whom he is waging the lonely war. So next time when you hear a news that a major mishap has been averted thank that soul which rose to the occasion amidst the most insecure environment.

 

Friday, 7 February 2025

Escaping the curve - Generational imbalance

We might be sitting here right now enjoying our music, with a cup of coffee before a laptop. But lot of things are running in the background like in a laptop where in it is a team work of multiple instances of code. 

Our next course of action is relative, a layman is worried about his income, a businessman his next deal and a politician his next election. It is a curve, sometimes defined by us and sometimes defined by our circumstances. And when I say circumstances it is about collective space wherein we agree with interconnection of curves. Mostly everyone are less or more worried about their growth but doesn't mind if their curve can benefit curve of the co-inhibitors.

Politics is one such area wherein we authorize an committee to define the curve for the nation on behalf of its citizens. A lot of things goes in the background just like in a laptop in arriving at best definition of the curve. In normal scenario and when dealing with normal circumstances we chose an individual who shares certain commonness and curve authorized by him more or less doesn't harm the country even if it missed set goals. And this fluctuations are balanced by the generational bonding who can cushion-effect and take responsibility for vagaries thrown by abrupt misbehavior of curve which was unintentional.

But it becomes a huge payback criteria when a curve posted as a result of limitless greed of an individual who is least worried about its after effects resulting in a tremendous constraints on generational bonding and thereby culminating in generational imbalance due to generational inequality. The problem with solving this disruption is more related to mistrust created by the greed and less about the technicalities.



Thursday, 6 February 2025

Religious and charitable endowment act

You might have come across the trend wherein you see VHP , a religious organization vouching for freeing temples from government control. The bone of contention is the religious and charitable endowment act which empowers the government to look into the financial accounts of the temples and keep a record of its donors and donor money usage pattern by the temple administration.

Another interesting fact is that most of the de-facto Hindu saving organizations like RSS, Art of living, Isha foundation identify themselves as non-religious organizations established to forward spiritual experience of its donors. The very reason for these organization to register themselves as non-religious organization is to subvert the religious and charitable endowment act from being enforced upon them and again to prevent financial transparency guaranteed by the act. 

The above are only a sample and these type of organizations are a plenty when you look in the Hindi heartland, each having their own satellite channels and millions of donors. It consists of good part of spiritual economy but without transparency.

In my opinion, instead of repealing the religious and charitable endowment act, the act itself gains more proportion wherein so called organizations (apart from the temples) which identify themselves as guardians of religion should be brought under the ambit of the act to streamline the donors and their source of funding to such organizations.


Saturday, 1 February 2025

Personal Dairy

 This is one of my personal account regarding a recent incident which made a development in my day today happenings. 

I wanted to register my mother's name in government records as a physically disabled person who lost her legs to diabetes recently. The procedure was simple which required me to register her details in government hosted website https://www.swavlambancard.gov.in/ After registering the details we are required to visit the allocated government hospital for getting the time slot for verification by a government doctor in order to enumerate the applicant in the government records.

In my case it was KC general government hospital at Malleswaram. We reached the hospital at the allocated time slot and were waiting for our turn amongst a slew of other applicants who wanted to get themselves enumerated.  

Opposite to our department was blood bank department. And there were a couple of patients who reached out to the blood bank for blood availability required for blood transfusion for their beloved admitted in the hospital. Concerned workers turned down the request citing some reasons. This made the patients to contact their doctors updating them about the status. And doctors had to walk down to the blood bank to convince the workers about the urgency of the occasion but to no avail.

It is imperative for us to avail the services of private hospital as we do not wish to take risk when it comes to health of the our beloved ones and we are ready to spend lakhs no matter how it may affect our financial terms. And this mentality funds the growth of private sector hospitals. But is it true that in this country only private hospitals provides the best care for their patients? The reality may not be so. And the best example is AIIMS chain of hospitals funded by the government providing health services on par with any other privately run hospitals attracting patients even from neighborhood countries who visit them in order to avail latest procedures in medical field.

So the question is why is that the standards maintained by these premiere run government funded organization missing in the local taluk hospitals. Is it merely due to lack of funding? The answer once again is a big no.  

The same situation extends to government run educational institutions wherein we see government run IITs and NITs providing world class education but the standards drastically get reduced when it comes to public schools run by the same government setup.

Meanwhile I got my mother verified by the government doctor and waiting for the update regarding status of the application through an online portal.