Sunday, March 22, 2009

No IPL in India

Indian Premier League(IPL) will not be held in India this year. The Indian General elections dates and IPL dates had clashed. The Home Ministy of India and state governments feared of security difficulties as it would be difficult to provide security to both elections and IPL. IPL may be held in April-May in either England or South Africa.
The timings and schedule will remain the same and there will be changes only to the venues. But next year the IPL will be played back in India.
BCCI has blamed the Maharashtra and Andhra Pradesh government for not able to stage the IPL in India this year.

Monday, March 16, 2009

Go vote and here is why you must vote

India and its 70 crore voters are on the cusp of a historic "Make or break" situation. For the first time in its 60 years of independence, the percentage of working population is higher than the dependents. That means India is relatively young nation with median age of 24 compared to China's 32. But here lies in the problem. Young country means lots of younsters in the age gap of 21-25 and in turn we need to produce lots of jobs for them such that they are able to take care of atleast 2 dependents(generally mother,father).
So, the next step to produce jobs is to have a stable economy growing atleast at the range of 8-9% every year. Fortunately, we were growing at this range untill this recent economic depression. Many believe India's growth story is fuelled only by its services sector alone like IT and software services, which is quiet true at this point.
We have an enormous untapped resources in infrastruture sector like building roads, railways, airports and ports. If these were done, it will only fuel our own economy and at the end of it people will only be the beneficiary.
For this to happen, we need to have the best possible government at the centre atleast. We the people must ensure that the deserving candidates are standing for elections atleast from their respective constituency. If not, vote for the deserving ones alone.
A good government will decide the fate of our country. If we miss this oppurtunity, then the unemployment will much higher that the whole country will get down into shambles. People with illegal activities will increase and this only leads them to get involved in terrorism.
So go vote this time because there is no second chance for us this time.....

Sunday, March 15, 2009

Countdowm to Elections 2009

Everyone around the world was overjoyed when Barrack Obama won the US elections in 2008. It was the greatest day in US politics when an African-American won the elections for the US Presidentship. That was possible because the people wanted a change in the way they were led. They voted for a person who gave them the famous slogan "Yes, We Can!!!".
Now, on the eve of our own Lok sabha elections 2009, its time we stood up and stand counted. India is at crossroads. On the one hand, we have local issues like poverty,illiteracy,corruption & unemployment, on the other side, we have the global economic recession threatening to decelerate our economic growth which peaked at 9% in 2007-08 and we have the perrenial problem of cross-border terrorism from Pakistan.People from all walks of life should show courage in electing his representative to the august house of the Lok Sabha.
We the people are responsible for electing a government which has the spine to implement the projects like building roads, electric power to all households and proper drinking water i.e "Bijli,sadak and Paani". The government we elect should have intellectuals who can tide through the difficult economic times and also take bold steps against those countries which wage guerilla war through encouraging terorist activities in India.
So, come forward to make a change and lay the road to prosperity and with this i start a new label "Elections 2009" which will exclusively have my posts regarding Elections. Do check that out too....

Saturday, March 14, 2009

Black Caps wins the final ODI, series goes to India

NewZealand skipper Daniel Vettori was determined to put their best foot forward to win the final ODI against India to restore "some credibility" and that they did it in style. NewZealand thrased a superior Indian side which looked a wee bit offcolour in the final ODI in Auckland.

Nonetheless, the series went to India. MS's team brought India its first ODI cup against NewZealand in the Kiwiland.

Through the series, India once again proved why they are a dreaded ODI team around the world beating teams like SriLanka, England, Australia and now NewZealand both in India and away.Many back home debate whether this Indian team is the best ever. I for one think this team can become the best ever but they dont own the position now. Batting in all forms of the game seems solid with a complementing opening partners in Viru and Gautham and the middle order is as strong as ever with Yuvi,Dhoni,Raina and Rohit Sharma in ODI and Dravid, Laxman and Sachin in tests.

Bowling seems a bit less experienced but they too are a formidable attack. Zaheer and Ishanth has become a potent fast bowling combination after Srinath and Prasad. There are a number of young upcoming fast bowlers. Spin is taken care by Harbhajan and people like Amit Mishra and Ojha.

Overall this team has the potential to do great things but people should wait a bit longer before tagging them world beaters.

Friday, March 13, 2009

IPL vs Elections

The raging topic today in every meeting, be it a casual discussion among friends or a high-level meeting among officials in the Home ministry is, "Which is more important? IPL or General Elections in April-May. If you get down to plain interest among the public, especially among those sceptics who think that the "General elections and voting" are just a more official way for the politicians to loot public money, IPL wins hands down.

Many in the political circles fear that the IPL matches during april-may could bring down interest in politics and subsequently the voter turnout which is already abysmal could further deteriorate. A recent survey by an independent agency shows, people prefer IPL to politics.

But the latest attacks on the SriLankan Cricket team in Lahore have cast a shadow on IPL. The Home ministry officials are more vary about having IPL and Elections parallely. The government cant afford another terrorist attacks which may seriously dent their chances in the upcoming elections. Any minor mishap during the matches and the opposition will pounce on it.

That is why, the government is treading a cautious path.

Nevertheless, a more serious approach towards elections and voting from the public and a elaborate security to both election campaign and IPL matches will be the need of the hour. These are testing times for both the public as well as the government.

Wednesday, March 11, 2009

Resurgent Australia hold on to their No:1 spot

Australia has retained the No.1 spot in the ICC Test Championship table following its win over South Africa here on Tuesday.Ponting's men completed a 175-run victory before tea on day five at Durban's Kingsmead ground on Tuesday, bowling South Africa out for 370 chasing a world-record target of 546 to win.

Leading a vastly inexperienced side that few expected to succeed, Ponting guided his men to wins in Johannesburg and Durban to ensure they held on to the world No. 1 Test ranking. Australia's boy wonder Phillip Hughes was named man of the match.
The 20-year-old left-hander, playing his second Test, became the youngest player to make two centuries in the same Test match with his 115 and 160 in Durban.

"This is as happy as I've been in my whole career as an Australian player" Ponting, the 130-Test veteran said.Ricky Ponting’s men are assured of $175,000 in prize money as they have taken an unassailable lead in the three-match series.
India has a chance to grab the number two position and get richer by $75,000 if second-placed South Africa loses the third Test also.
But if the final Test ends in a draw, India and South Africa would be tied for the second spot with 118 ratings points and the prize money would be shared.

Saturday, March 07, 2009

Roubini predicts a long and painful recession

The man who predict the global recession much earlier in the USA, Nouriel Roubini has said that the global recession could be a long drawn one and could be here to stay till 2010 end. In the India Today conclave 2009,Roubini said “Governments are falling behind the curve,” at the . “This recession can end up becoming even worse.”
The situation can be improved by appropriate policies, including governments taking over insolvent banks, cleaning them up and re-selling them to private investors, he said. The Group of Seven and the Group of Twenty economies “must act together to get out of this mess,” Roubini said.
Roubini said the global economy may shrink 1 percent or grow 0.5 percent in 2009, before recovering to about a 1 percent growth in 2010, effectively extending the recession until the end of next year.
Emerging market economies, including China and India, will slow down sharply, he said, adding that “we are already seeing the beginnings of a hard landing.”
China’s economy may grow 5 percent “at best” in 2009 after expanding at an average 10 percent pace each year in the past decade, Roubini said, rejecting the theory that emerging markets are decoupled from the problems in industrialized countries.
“It’s becoming a vicious cycle between demand, supply and the financial system,” said Roubini, who served as an adviser to the U.S. treasury department from 2000 to 2001.
Consumers and companies are cutting spending to survive in the current recession, “making the contraction even more severe.” Even if there are banks with sound assets, they wouldn’t lend in an economic decline, he said.
“If you don’t take the right policy action, this U-shaped recession will turn into an L-shaped recession like in Japan in the 1990s,” the professor said.