India forces OPEC to keep Crude Petroleum prices low in Asia.

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While the Global oil market is on rise due to un-lockdown after pandemic and rise in fuel demand, India has managed to force OPEC (Organisation of the Petroleum Exporting Countries) to keep prices low for Asia specific countries till March,21.

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This powerful move from India is actually result of bright diplomacy and support provided to Saudi Arabia earlier amidst pandemic when Crude oil market was crashing rapidly where it reached a point when oil prices went down to 20$ per barrel. In those miserable times India assured Saudi despite of low demand we will extend support by buying and storing oil in strategic oil reserves locally and asking countries like USA to store on India’s behalf if they have additional storage facilities. Despite losing 70% demand India remained third largest oil consumer and helped Saudi to survive during those tough times.

On April 10, India came together with Saudi and pitched G-20 countries to grant permission for deepest ever production cut for safeguarding oil prices by balancing demand and limiting production creating a “fair” market. This step was lauded by Saudi’s diplomats and they saw it as “true friendship”.

But recently OPEC lynchpin Saudi’s surprise offer to trim oil output by extra 1 million barrels a day was against anticipated “fair” market. This crashed all hope by pushing oil prices signalling the greed of oil rich nations. So, India stood against OPEC and forcefully made an agreement to keep Oil prices constant for Asian region. (Oil prices varies regionally so India couldn’t ask for any specific countries only)

Now the Big question: Why petroleum prices are still at an all time high in India?

Due to pandemic, like every country India made significant expenses to bring economy back on track while the income went significantly low as evident from first quarterly result after lockdown i.e. -23.9%. With increasing fiscal deficit, it was expected that government would put the burden on direct taxpayers and businesses but after financial budget of 2021, government didn’t levy any extra burden of tax on citizens or corporates. This step was ecstatically welcomed by stock market resulting in highest budget day gain reported by Sensex in last 22 years as it rose 5 percent.

Now, the government still has to cover fiscal deficit and petroleum is one of the several major sources for revenue generation. Taxes are a major part of fuel prices in India where Excise duty and VAT constitute almost 63 percent of the price of petrol and 60 percent for diesel. So, to curb hyper inflation alongside managing growing fiscal deficit, reminding OPEC to keep oil prices low for Asia was not a bold move but also necessary. What a great example of India – Saudi Arabia relations. Isn’t it?

Below is graphic representation of past 5 years of Oil price per barrel in USD.

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Shades of blogging

Someone asked me a few days before about my next step to get a 6 digit paying job, well my answer was blogging. Now why do I really think that this thing will pay me well off? I am not a hard core blogger or programmer neither I have any hidden talent that can  hit the market but then I searched and worked a lot and finally concluded that yeah sitting at home and can make my wallet heavy!  So sharing a one stop guide for making money.

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#1 Setting up a blog or a site

      Making blog is easy firstly buy a trust worthy domain name which suits your blog, link it with blog or website  creators like wordpress etc. Add a free or paid theme. Add necessary plugins for subscription, comment box etc. Finally you are ready to create your first post. But in order to either check your interest or you really wanna try blogging then start with taking free domain like this with .wordpress.com as further extension to it’s name. But remember success comes only after struggle so be ready for it.

#2 Create excellent content to establish real relationship with viewers

      Frankly speaking even if you create the masterpiece blog of century you will get nothing, it would be just as you are speaking in front of your class and nobody listening. But it is the only time to work your patience and go on working hard. It takes time, effort and even money to get traffic to your blog. Either you wait and continue with your work to get traffic or can indulge into someone others blog and write for him, build your own traffic. Like I was reading a guy’s story how he worked for his friend who was running a famous blog. He wrote for him, increased his viewers, as well as created a vast audience for himself. Even before writing his first blog this dude already had over 13000 email subscribers. And that’s really good figure and now he is making 100k USD per month. I am not saying that this happens to all but working hard, creative, and smartly surely pays well.

#3 Way’s to publicize your blog to really make some cash in your pocket!

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    See guys creating content and traffic is necessary to make money but you have to work really smart when you have got to hit the market either sell the space on your blog or sell the products yourself. I mean when you can make 3-10x more profit by selling products then why not to sell yours. For selling products it is needed to make efforts, ask subscribers, make surveys on your blog and come out with something that your majority audience demands, work on it and as this is your platform convenience viewers to buy your goods. These could be your written ebooks that teaches playing guitar or sell iphones for your retailer (indirect referrals to your ‘links’ through your ‘links’! )

        This type of marketing has its own profits, firstly your site remains clean so more viewers are attracted. Secondly, you can target the whole audience from medium to multimillionaires. For example majority audience cannot afford your 1000$ product but if only 1-2 products are sold than it is more profitable than selling a cheap product to vast audience. But not to mention quality is provided accordingly and content should be worth spending money. It is the first step to increase sales, build authority and being trustworthy.

    But some of us will likely be calling as we don’t like selling than ponder it for a moment. If you are making money doing what you do, you would be called a “professional.”  And therefore, a professional of any sort, be it musicians, authors, consultants, doctors, makers of widgets is in the business of selling too. They’re selling products, services, art or any number of things.

As a professional blogger, you’ll be selling.

Selling premium content, membership communities can be a great source of income and again saying far better than Pay per clicks like AdSense. During span of time people have developed advert. blindness, moreover sites look like spammed and you will cost your viewers just for few cents! Also these tactics work if you have got very high traffic, which is not possible enough to be realistic these days.

#4 Speak out loud!

       How to attract viewers? how do I follow a blog? Telling from experience and being realistic, the blogs which say more in few words, are logical, interesting are tend to be followed and visited instead of blogs telling shit in their respective era’s. But I should conclude that being to the point doesn’t mean that you should write short content. Large posts tend to attract more viewers and is good for your blog’s health!

       Always write examples, show analogy, covering stats and surveys, diversify interesting content. Always remember you don’t just make an income, make a living from it because if you are passionate about your work you can generate revenue and if it’s a hobby then the revenue can be less but still if it’s worthy and well written it can pay off.

     You need to be yourself. There’s nothing new under the sun, that’s true. Everything online is just a repackaging of what already was there. However, there is no one that can repackage something in the way you can. Tap into your uniqueness. Under these millions and millions of blogs if you wanna show up be unique in your writing, use simple and understandable words yet be creative. If you want to make money blogging, especially a full-time income, you’ll never work harder in your life. But you’ll probably never have so much fun either. Go for it!

   Also share my work and do comment if you liked it.

Education system and the iit’s

Luckily got to express my anger in my very first blog about the topic which gave me goosebumps when I think of the future of lakhs of students cramming the books to get inside iit, but unfortunately for these lakhs of hopes there are only a few thousands seats in our so called deemed iit’s. And around 600-700 are vacant every year :?😯. Can’t they do a spot round instead to fill those remaining seats!!! Every year such opportunities are lost by the best brains of the country but they have no option left rather than to join other colleges which lack exposures, opportunities and research but actually the problem is with our system I personally mailed our hrd minister Mrs. Smiriti Irani as few days before she announced to set up 5 more iit’s and in the beginning they will too have approx 550 – 700 seats and this is obviously very expensive project. 😑😯

Does it really worth to spend too much amount when the same no. Of seats can be filled without spending the bulk and giving students the tag and prestige of the old deemed iit’s. Unlike Ism Dhanbad no iit is conducting spot or special round’s, already there are 207 priorities to be filled by the qualifiers of iit jee advanced and moreover reservations based on minorities plays the worst role and the worst part is that no one knows about the scam that was running in iit khadagpur where 25% of seats in M.Sc courses were reserved for the kids of the faculty and many were benifited including the children of iit Bhubneshwar’s current director. So guys I don’t wanna say but you if you think I am lying step forward and Google it. So,
The need of hour is to concern the government over such issues so that they can take decisions wisely for our benifit not their marketing mimicking strategies. 😆;).

Enough for today I think and yeah feeling light after expressing such anguish because I too was among the few students who qualified for iit’s but didn’t get desirable seat but I (actually we) could be luckier to get a good seat if given chance i.e ‘a special round’ could be conducted. But hope for the best may be what happened with me and other fellows shall not happen with you, Mark my words guys marks can’t get you seat in iit’s because iit is bit too confused over the questions it asks as there were around 4 -5 mistakes in question paper previous year and actually every year and you know what with a single mark you can loose the battle with the thousand other students. So be lucky first if you wanna crack IIT JEE 👿

 

 

 

 

 

 

 

Easy way to take.

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A father was busy reading his favourite magazine and his little daughter was every now and then distracting him.

To keep his daughter busy, he took out one page on which the World Map was printed. He then tore the page into pieces and asked her to go to her room and put them together again.

Having done this, the father was now convinced he would read his magazine without any disturbance as it would take his daughter the whole day to get it done.

But the little one came back within two minutes with the perfect map…………!!!

The curious and confused father asked her how she could do it so quickly??

She giggled and said,
“Oh…Dad, there is Amitabh Bachan’s photo on the other side of the paper, I made His face perfect to get the map right…!!!

Moral of the story:
In life there is always the other side to whatever you experience.

When ever we come across a challenge or puzzling situation,
look at the other side, you will be pleasantly surprised to find an easy way to tackle the problem…!!!

Jose Padua: The Night We Tried to Get a Poet Arrested

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Vox Populi's avatarVox Populi

I remember the night my friend and I tried to get a poet arrested
for his crimes against literature, his hiding
of horribly sentimental lines by speaking like a seller
of cheap real estate, those broken down houses
where everything and everyone leaks, in neighborhoods
divided by the tornado roar of long, slow trains, night and day.
It was just poetry, I know, words arranged like a landscape
of dark trees against the, whatever, azure sky,
but why should he escape punishment like the stealers
of poor people’s minority fortunes, the rule makers
who make us break our backs at hard labor
while they sit up high in penthouse suites
eating their feasts, drinking the best wine,
as they sneer at the riff-raff drawing heavy strings
and pushing square wheels along concrete floors
in the moldy basement, thump thump?
We called the police. “There he is,” I said,
“at the…

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Is it better to be tied to a tree than squashed on the freeway? Caregiver angst

Amanda Garrett's avatarmom and dad move in

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Baby Walter — that’s what everyone called him since his dad was also named Walter and no one much liked the sound of “junior” — spent most of his single-digit years tethered to one heavy object or another.

His older sister Tina was one of my closest friends. We grew up in the 1970s and 1980s at different ends of the same rural road in Ohio, an unlined swath of blacktop connecting old farmhouses to the fields of green soybeans and sweet corn planted in between.

Baby Walter and Tina lived in the last house on the right before our road crossed over Interstate 71, the busy freeway connecting Cleveland to Columbus to Cincinnati.

And Tina’s mom — not overly protective of Tina or her older brother — worried constantly that Baby Walter would run down the slope of their side yard and onto I-71 where he would almost certainly…

View original post 764 more words

Reality behind land acquisition ordinance of Modi’s government: Changes made in previous ordinance.

       The government of India under PM Narendra Modi has decided to introduce an ordinance to make major changes in the existing Land Acquisition Act of 2013 passed by Congress government. It has increased apprehension that the poor, who often cultivate lands but are not the owner, may be left high and dry with no compensation. It has attracted criticism from opposition and Anna Hazare is currently holding a protest in Jantar Mantar against it. 

Here’s a quick look what has changed and what has been kept unchanged: 

The government has amended Section 10(A) of the Act to expand sectors where assessment and consent will not be required. For five sectors, the consent clause has been removed. So the government or private individuals/companies will no longer need mandatory 80% consent for land acquisition in those five sectors. According to Arun Jaitley, the mandatory “consent” clause and Social Impact Assessment (SIA) will not be applicable if the land is acquired for national security, defence, rural infrastructure including electrification, industrial corridors and housing for the poor including PPP where ownership of land continues to be vested with the government.

Whether the land is fertile or not will also not be taken into consideration while acquiring it for these five specific sectors. Thus even if the land is extremely fertile like it was the case in Singur, it can be acquired if it fits the criterion of these five sectors, no question asked. 

#1 Compensation remains the same

The compensation package remains the same. It is four times the market price for rural and and two times for urban land. The government despite pressure from various groups has decided to keep the package intact.

#2 Why did the government passed the ordinance now?

The official reason given by Finance Minister Arun Jaitley is that under Section 105 of the Land Acquisition Act, a clarity was needed on what provisions apply to the aforesaid 13 legislations and it had to be done before January 1, 2015.

The political reason is that the government is looking to give a message to investors that they’re trying their best to free up procedural bottlenecks which are almost a hallmark of any infrastructure investment in India. The government is looking to boost up manufacturing to make Modi’s ambitious Make in India project a reality and this is a big bold step towards it but not to mention is harsh for landlords and people depending on the land.

#3 Congress’s opposition

Congress has strongly opposed the ordinance saying anybody who is pro-farmer should raise their voice against it. But according to an Indian Express report, Haryana and Kerala wanted to remove the consent clause for PPP or bring it upto 50%. States like Assam, Haryana and Himachal Pradesh felt that the definition of affected family is too broad. 

On social impact assessment, Karnataka, Kerala, Maharashtra and Manipur all demanded that the process be restricted to only large projects. 

Other opposition parties like JD(U), Left and AAP have strongly expressed their reservation about the ordinance. So it will be an uphill task for government to pass it in Rajya Sabha where the government is in hopeless minority without Congress’s help at least. 

#4 Possibilities for amendment of ordinance?

Thus, in a way, the government went through a broad consensus by making the changes. Now it is to be seen if they can get it passed in the parliament eventually and if the revised ordinance will indeed serve the purpose of bringing fresh investment and boost the manufacturing sector without trampling on the rights of the poor.