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Breaking Myth of Petrol Debt: It has been vociferously stated by ruling dispensation that they are paying petrol debt taken by previous government.                        In this article we will be exploring two things: 1)       Whether debt paying story is true or not. 2)       Can this scenario   of paying huge petroleum borrowing   debt   of one government by other is possible or not 1)Paying Debt: Link to below image: https://www.indiabudget.gov.in/budget2014-2015/ub2014-15/rec/annex6e.pdf This data has been taken from government of India directly(As you can see in the URL). It shows that loan taken by the previous government(UPA) being maturing in NDA’s regime(2014-2019) is   1750+1750 crore rupee that is 3500 crore rupee, which is roughly equal to the cost of making “Statue Of UNITY...

WHIP A WHIP is the instruction issued by the political party in a legislature, violation of which triggers anti defection act . India as envisaged by the founding father and mothers of our constitution, is a DEMOCRATIC state and will smoothly become a DEMOCRATIC NATION . This is why Right to speech and Expression is one of the fundamental rights in our constitution. India being a large country with her illiterate population couldn't afford direct democracy so they(Founding fathers and mothers) choosed Indirect Democracy. We elect our MPs, who further represent our views in the legislature on our behalf, at least till 35 years after India became REPUBLIC . Then anti defection Law was introduced which could be triggered if any MP is not following the party whip curtailing their Fundamental Right and the conceptof INDIRECT DEMOCRACY . WHIPs that was customary till now, suddenly became a powerful weapon to shape the custom of Indian Politics It's obvious that ANTIDEFECTION LAW ...

Aadhar is a 12 digit unique number that contains Biometric(fingerprint and retina scan and Demographic(name, address) data of an individual. NEED India is a welfare state that is a country that cares for poor. Government since inception launching several plans to eradicate poverty and to raise the living standard of her Citizen. These efforts put by the government does not seem to bring expected crescendo in living standard. Looking at the HDI(Human Development Index, published by UNDP ie. United Nation Development Program) published in 2016, India went down on the ladder for development. India slipped to 131 from 130 ranks out of 188 countries.                                                                                             ...

Any law not only cyber security, related should not be violated for any purpose, although we can change the rule following the proper guide lines enshrined within the law. The main reason to this argument is simple, as any law gains its strength till it is followed once violated irrespective of the reason weakens its sole purpose. Now in today’s digital world information is the most precious thing we have to keep as a individual or as a nation. Violating cyber laws creates a big dent on our future’s security as no one knows the value of information which one thinks to be null today, in future. Violating cyber laws by USA can lead to big brother syndrome for rest of the country who are not that technically advanced in digital arena. And it will eventually lead to mistrust impacting international ties which may in extreme scenario result in conservative approach by various nation in economic world , mostly by the countries having trade deficit with USA. This segregation of ec...

Challanges faced by global banks that lead entire world's bank to Switzerland's city called-BASEL: 1)Risk management: high NPA 2)Misuse of the banks: By gov and budinessman 3)banks transparency:banks different rate and profit and NPA should be in public domain 4)Credit allocation SOLUTION: led to Principal of global Banking: 1)Minimum Rjequirements 2)Supervisary review process 3)Market Discipline Minimum Requirement: It is the minimum level required by the banks to follow across the world. Here minimum requirement is divided in two parts  1)capital requirements(For banks to grow)  2)Reserved requirements(for banks to be  stable and minimise losses) Supervisary review process: RBI is the supervisor of banks in INDIA. so under this RBI has to make laws for license, guideline and punishment. this is made for proper review of banking. Market Discipline: RBI makes it coumpusary for banks to publish all its details for public viewing. BASEL1:   ...

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