Saturday, November 17, 2012

MY VIEWS IN ECONOMIC TIMES ON FISCAL DEFICIT ....


Economic Times Story on 16.11.12 : Government may struggle to meet fiscal deficit target, credibility at risk

Comments of MILAN K SINHA (PATNA)
16 Nov, 2012 08:16 PM


The Central Govt. is perplexed and standing on the cross roads in utter confusion. All sorts of prescription coming from internal and external experts, party bigwigs, babus in finance ministry and UPA election managers will be tried to achieve the revised percentage of fiscal deficit by adopting short cut methods instead of making consorted efforts to push all possible measures of fiscal consolidation. We all know about the mismanagement in subsidy delivery mechanism, whether it is oil subsidy or food subsidy, and the ground level malpractices prevailing all over the country in this connection. The benefits of subsidy meant for the targeted section of society are not accruing to them to a large extent, which the government is quite aware of. The rising government expenditure is another area where much can be done by honest and sincere administrative measures. All wasteful expenditures can be stopped forthwith and austerity measures initiated across all departments/offices starting from the office of president and prime minister. After all, the Indian democracy has not issued any license either to political high ups or any Govt. functionary to enjoy all the luxuries & comforts of life at the tax payers money and continue to preach the common man to live in poverty and hardship for year after year.

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Economic Times Story on 21.10.12 : Are companies adventurous enough to let their best employees work from afar?

Comments of MILAN K SINHA (PATNA) 
21 Oct, 2012 01:06 PM

This should be a novel idea for all corporates in India to emulate for all those employees who attend the office without requiring any interface with the customers or the supervisor. This would be panacea for many of our ills such rising cost of office space, traffic congestion, wasteful commutation time, savings on fuel consumption etc. In consequence, the employee can devote more quality time to accomplish the job as well as keep oneself healthy & cheerful. As the technology has changed the whole scenario of office culture mainly in IT companies and in back office working, we better adopt this idea in a big way together with shifting the offices 30-40 km away from the metropolitan and bigger cities which are having growing problems of many kinds, at least in our country.

                                                 Will meet again with Open Mind. All the Best.

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