Economic slowdown, recession, lay offs, cost cutting; these are some of the "buzz" words, which have gained currency now a days due to poor economic conditions world wide.
People like me who are employed in the corporate sector are most hard hit. We have to live in a constant fear of insecurities and uncertainties, which are results of a deteriorating economy. The situation only looks grimmer with each passing day.
Many have lost their jobs, many have been forced to get their salary revised to a lower amount and there are many whose salary revision (of course, a raise) has been put on hold for an unknown period. (I am in the 3rd category and feel somewhat lucky than people in other 2 categories!!)
In simpler terms, the condition is not good and "recession" is being held as the main culprit!!
Now here is the twist; cost of living continues to inflate. Prices ranging from day to day to commodities to high end products are growing by leaps and bounds. "Recession" has not been able to check these prices. Really, I not have been able to understand the real economics behind this present situation.
It is a very confusing and tough situation for many of us; at one hand, source of income is being squeezed down but on the other, monthly expenditures and obligations are rising. How to bridge this gap is a million dollar question...
Wednesday, March 11, 2009
Tuesday, March 10, 2009
IPL or General Elections?
Finally, putting rest to all kind of speculations, Lalit Modi announced IPL season 2 will kick off from April 10th. Great amount of re-scheduling plans have been chalked out so that IPL matches don't clash with general elections polling; This is a good news for millions of cricket lovers across continents(I am one of them!!).
However, I still feel that two events of such great magnitude shouldn't take place at the same time. General Elections are far more important than any sporting event. Through these elections, we choose our representatives, who ultimately rule the country.
These two events will put extra pressure on the government agencies to provide security measures to matches as well the polling event. It will be a real testing time for the country.
On a lighter note, we will enjoy the double thriller of IPL glitz and glamor as well as the general election proceedings
All eyes will be on India.
May the best team win and the best political party form the Government!!
However, I still feel that two events of such great magnitude shouldn't take place at the same time. General Elections are far more important than any sporting event. Through these elections, we choose our representatives, who ultimately rule the country.
These two events will put extra pressure on the government agencies to provide security measures to matches as well the polling event. It will be a real testing time for the country.
On a lighter note, we will enjoy the double thriller of IPL glitz and glamor as well as the general election proceedings
All eyes will be on India.
May the best team win and the best political party form the Government!!
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