KHB Suryanagar allotments phase 2 now announced

 

The government of karnataka has today announced the second phase of KHB Suryanagar site allotments. The advertisement is specifically for LIG and MIG houses of 550 square feet and 600 square feet respectively. These translate to roughly 30×40 and 30×50 homes. The number of LIG houses is 110 and the number of MIG houses is 68 that are still available. The payment terms are Rs. 4lacs for the LIG and 4.75 lacs for the MIG. The total value of LIG homes is Rs.16 lacs, and the MIG is Rs. 19 lacs.

The following will be the conditions of the scheme:

  1. The application process is now open
  2. Applications which are not filled properly will be summarily disqualified without assigning reasons
  3. The rules of allotment will be as per stipulated standards of the housing board
  4. If you are from specific castes like SC/ST a certificate from tashildar is required to be provided along with the application
  5. If you are from the army or other forces a certificate from the same office would have to be enclosed with the application
  6. If you are a government employee a letter from the office you work from has to be enclosed with the application
  7. If you are a handicapped person you must enclose a certificate stating your handicap from a registered government practitioner (doctor)
  8. All senior citizens have to attach a copy of their age proof or birth certificate along with application
  9. Every applicant have to provide an affidavit stating how many other properties in the state they have purchased amongst their immediate family members (if any)
  10. The last date for submitting duly filled in applications is 8th of August, 2011 at the designated bank branches
    1. Axis bank Jayanagar
    2. State bank of mysore, CBAB complex caveri bhavan
    3. Corporation Bank, SC road,
    4. Union bank of india, Navrang Circle
  11. For those who have already applied, they need to deposit the difference of initial deposit directly in the name of Commissioner, Karnataka Housing Board, Bangalore using a challan in any of the bank branches mentioned above. All prior applicants must also mention all their personal details along with previous application number, in a slip attached with the challan compulsorily. If any of the details are not mentioned, then those applications cannot be processed due to lack of information
  12. All applicants must pay the intial deposit and the fee for application in one single DD in the name of Commissioner, Karnataka Housing Board, Bangalore. Those not providing initial amount would not be considered for allotment
  13. All allotments are using lottery basis. For those unallotted members, their money (excluding fee) would be reimbursed with interest
  14. Each allottee has to pay the rest of the amount in 4 equal installments. For those who fail to pay the 4 installments as per stipulated time their allotments would be rejected summarily without assigning any reasons.
  15. Only after all successful allotees have paid their full amounts will the house absolute sale deed be executed in their name
  16. For more information you can contact the department coordinator at Suryanagar project division, Suryanagar during office hours or by telephone on 080-27803076
  17. You can also contact Chandranayak or Rajanna at 1st Floor, Cauvery Bhavan, KG Road, Bangalore during office hours or by telephone on 080-22273511-16

NOTE: For all queries on this topic, please discuss on www.khbsuryanagar.com

Blackberry Playbook to launch in Bengaluru on June 22, for 32,000 for basic WIFI version

At a time when Apple iPad2 has already upped the stakes, and close to its heels is Samsung 10.1 Galaxy Tab with Android Honeycomb 3.1 (the latest and greatest android flavour), Blackberry has announced in the Times of India regarding its Playbook launch. It has promised freebies like HDMI cable (a Rs.300 value) and a leather cover for the tablet (about a thousand bucks worth). So is this enough to lure you to buy one?

 

Lets in short see whats going in favour of the playbook and what’s not to help you decide.

 

The Pros:

  • It runs QNX real time operating system which is proven, handles multitasking effectively and is known to be similar to linux in terms of capabilities
  • The user interface has been thoroughly worked upon and there will be no doubt that this tablet will present a sweet user interface which will be easy to work with
  • Being Blackberry it will no doubt come with many options, including advanced configuration options for the technically inclined, making it a great tablet to work with
  • Its ability to run multiple applications including time and memory consuming tasks such as media playback simultaneously with other things is a good effort.
  • At 425 gms this is going to be surely one easy tablet to carry around.
  • Multitouch gestures make it equivalent to Apple, but this is now an expectation more than a feature release due to the standard set by Apple!
  • 1GHz dual core processor and 1GB RAM is good to run many applications but the video and graphics rendering performance still waits to be proven
  • Adobe Flash support is a plus one over apple which does not have it
  • 3MP front facing and 5MP rear facing cameras must be enough for most jobs
  • Both these cameras are 1080p compliant which is good

The Cons:

  • India is a price sensitive market. When the 10″ iPad2 is available at 29,500 for the WiFi version and the 7″ Galaxy tab is available at a little lower, would a pricing of 32,500 be justified for a 7″ RIM playbook? – No, in my opinion
  • They say on their website “Application rich eco system”, which is a farce. No one can beat apple on the amount of applications on their app store. Not even google for some more time. With icloud launch apple just pulled another fast one on google. RIM is left in the lurch with this kind of claim and it will be ages before they get some good apps on their store. I mean, how can the availability of Need for Speed help my productivity? Get the idea?
  • This tablet is a 7″. The recommended size for good fonts and readability is 10″. Which is why even Samsung now has a 10″ and which is why even Apple has a 10″. A 7″ tablet is at best good to hold and carry across. On the usability, I have my own doubts. For media viewing anything less than 10″ is like a car DVD player. eye strain comes free with it.
  • Blackberry’s promised support for using Android apps, has not taken off properly yet. Without this, RIM has no teeth left to face competition. This tablet would have sold well if it were priced between 20,000 and 25,000 rupees. Unfortunately at a whopping 32,500 bucks RIM is making the same mistake Samsung did with their 7″ Galaxy. Now that apple has plugged the pricing hole, it has set the benchmark on how people should price their products. RIM is on the way to disaster if the pricing is what it is on the playbook.

Summarizing the article, RIM is launching Blackberry playbook at a time when the market has already smelt the meat which Apple has launched at an USA-equivalent pricing with the iPad2. Samsung which has make a killing with its 7″ tablet will soon get its Android Honeycomb 3.1 10.1″ Galaxy tab which is even thinner than iPad. A failing RIM has a big task ahead with the Playbook and all its similar looking QWERTY phones which it has been famous for, until now that is. Only the true and faithful would still stick to RIM and its products. At a pricing of over thirty Gandhi notes, your guess of how many tablets RIM will be able to sell is only as good as mine.

 

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Eagle Eye Holidays (coffee estate) review

What is your idea of a holiday? Now that you have perhaps been to hundreds of resorts already do you still expect the 101st to be of the same ambience? Like a great reception with uniformed people welcoming you with some flowers or whatever, and then a grandoise room awaiting your fall on the bed to be in peace with yourself?
Or are you ready for a different type of experience? Are you the types who would prefer to check out something that tests your perception and mental skills a bit ? Besides that is your idea of a coffee estate something thats deep inside the clouds many thousands of feet above sea level with winds that chill your body to make you want that hot cup of tea more often than not?
My trip to Eagle eye holidays makes me think I need something like this again though i am unsure whether I would get such a right mix of things most often or not. Without much ado then let me tell you what made this trip memorable to me. Eagle eye Holidays is a coffee plantation or estate as we would often refer to it. This is situated near Kadavanthi or Kadathi, which is few tens of kilometres away from nearest proper civilization called Alduru (read: Aaldoooru). Alduru itself is few tens of kilometers from Chikmagalur which is the nearest proper town.

Reaching Chikmagalur from Bangalore requires that you partly travel on NH4 highway upto Nelamangala, and then take left to get onto SH48 which goes to Kunigal, Adichunchanagiri, Channarayapatna and Hassan along the way to Chikmagalur. The road upto Chikmagalur is what makes it worthwhile to undertake this journey. If you are a car driving maniac and are true to your wheels, you are not going to forget this hair rising highway drive. My current love is my Figo and speeds of 130kmph was a child’s play on this road. Particularly the SH48.
Though the NHAI is still developing the toll booths at a few places, the road by itself is an awesome piece of highway for speed racers! Don’t get me wrong, racing need not always be with another person, and need not always be of the rash type! If you are the expert driver types this drive should see you reach Chikmagalur in 4 1/2 hours flat. Such is the quality of the highway. But wait a minute… if you thought that’s all this highway is about quite contrarily – NO! How about throwing in some great looking paddy fields and rural sceneries on the way? And some lakes? How about the old tree lined roads you’ve always seen in your childhood? Some small hillocks? Lets make it more greener – Add some windmills churning power from the winds, and some neat twists and turns of the road. This is what being cheerful on a long drive is about. You got to drive to experience the talk.

And you thought its all over when you reach Chikmagalur? Wrong again. Is this all you can think of? Assume I make the road the airport runway tarmac types, smoothen it off a bit more, add greater angle to the twists and turns, remove uphill components, and also subtract oncoming traffic. This then becomes nothing short of annilhation. Add another car who is spirited in testing your driving skills and negotiation and we have nothing short of a F1, well expect your car of course 🙂
The 30 odd kms between Chikmagalur and Alduru is sheer awesomeness for both speed drivers and slow drivers alike. The pristine beauty of large trees around, the amazing tranquility and discovering your inner self. Enough to rejuvinate you for some time to come.
Every good thing or bad thing will have an end. And if the good comes first the bad comes next in the cycle. After Kadavanthi somewhere along the way the next 10-20kms of road gets bad with potholes all around and this is where you feel the need for perhaps a cheap hatchback with 20″ alloys to take on the road like a monster! The map given by the resort is more of a type you would use for a treasure hunt, leave alone navigate somewhere. In this case the treasure being finding the resort itself. Add poor road signages and you are now really one with nature. If nature wills you will get to the treasure else not.
Its therefore essential that you stick to the map. Yes, take some glue, stick the map to the windshield, use the same glue and stick your nose on that map as well. Why? Because if you dont, you would forget that right turn at the paddy field landmark and the left turn at the dam gate landmark. Sounds punky in 2011 isnt it ? Welcome to some rural tones!
Oh and by the way you would like to call the resort for directions would you? Well assume that none of the mobile signals show up besides good old airtel and you are lucky to be holding phones of other operators services and there you hit the jackpot of ruining one chance to reach the resort with any sort of help.
The more I followed the second map that showed me the way to resort, the more I felt lost by each passing minute. Some 2kms away from the resort (lets correct that terminology shall we: say coffee estate) the last right turn takes you to a stone graveled road that will test your car in and out. after two gates when you take left onto the property, with a mile or more to, you begin to wonder if this is a con-job. Yes, i would say yes, its a master crafted con-job to disprove the very perceptions you had of how a resort must be.

The last mile makes you wonder whether you entered someone else’s property by mistake and what if that guy let loose his gunmen on you. Straight from a movie flick. As your car struggles hard to cope the incline, you reach a dead end with a 180 sharp hair pin bend. As you wonder “what more?” and whether your car would want to take that hair pin bend, two people come to you and say “welcome to eagle eye holidays”. It was a hot afternoon and we reached a bit late after some searching around and panicking. And a welcome drink was more than welcome. it was gulped down even without understanding what was given to us. The reception is more of a shack made with wood on a higher platform. And once you get onto the platform, you are no more interested in thinking about the journey.
The view of the western ghats and the valleys below soothen you down and you just want to rest a bit with the cool windws blowing on you under the thatched roof. Before we stepped into our room, lunch awaited us. The food given by resorts is always questionable. Here too some foodstuff werent great, but not all foodstuff was bad. Given this fact, Eagle Eye holidays provided good food at best if not sumptuous. Some items like the next day morning’s breakfast were yummy to keep away from. The rooms themselves were well appointed and there are many different types of rooms. Valley view rooms, glass houses, (for the brave) the tree house which is mostly open and perched on tree tops, hutments, and standard rooms are available. The rooms themselves are between 2,500 bucks a night upto 5,000 a night. We stayed at a waterfall room which in my opinion is a ridiculous idea. Agreed the management wanted to save a few boulders and/or could not avoid removing a few rocks so they integrated those and few faux rock arrangements into a thematic waterfall room. However neither was there a waterfall which is swithced on for an hour, nor does the room lend itself into any kind of ambience as such. The Tree house or hutments would make better rooms to stay in in terms of practicality. Also given the foregone conclusion that the waterfall room is costly (at 5k a night) its best to avoid this altogether.

Other than that the hot water facilities are governed by solar water heaters perched atop and in between trees. Due to the tropical climate of the coffee estate, there is no dearth of hot water which gets generated by the solar during the scorching afternoons. The upholstery like blankets towels, bedspreads are hand washed daily in front of you and its a job well done compared to a washing machine type of wash cycles. Due to the sprawling nature of the 130 acre estate, there is enough room to dry clothes daily. The management have also created a 30 feet deep lake in the middle of the property. A natural trail of road leads to this lake which offers coracle rides and fishing activities. Again dont expect professional fishing equipment to be handed over to, but with whatever stick and wheat balls used to lure the fish, my cousin who accompanied me on this trip was able to catch a good sized fish. If you want to laze around and do things that are not of the usual resort type, these activities fall into that list.
Being situated at a coffee estate there is no dearth of good coffee provided at all times and there is no restriction on the amount you can have. if you are hungry you eat. Period. A stroll upto the lake, and few peaceful hours later, its time for some campfire. Of course hot drinks are served during this nightly hour with some loud music and dance to follow. To add some dazzle to the show, the clear sky makes it possible to view the wonderful constellation of all the stars for those hungry stargazers. During the day time, there are plenty of subjects to shoot photographs with in the resort – flowers, fruits, birds, objects, elevations, winding roads etc.

The only downside to this resort is that the rooms are aligned across a path which is very steep which makes it impossible for old people to climb and this could be a dampener to people wanting to go to this resort. It took over ten to fifteen minutes for me to switch between reception and room each time which shows difficultly level. Not that I am lean, well built and all that. I’m the usual paunchy type of mid-life-crisis-beating-man 🙂 Early mornings begin with chirping birds and a great breakfast, not to mention some games like shuttle, table tennis, and strong coffee again with a great view of the mist settling in the western ghats valleys. Post breakfast there is just about time to go for a 2 hour trek deeper into the estate. If one would like to skip it, we can have long chats over breakfast and freshen up with a bath and just enough time to pack the bags and leave. This is offically called the two-days-one-night-package-syndrome that resorts exhibit. Best part of the journey was just the occassional treats we packed for eating on the way, full meals taken care of package at resort, and some lunch on the way back home. Plus meals for your car (fuel). No other nonsense expenditure.
Its also worth mentioning that once you are in the resort its NOT worthwhile planning trips to Shringeri, Augumbe mountains, or Belur or Halebid which are all nearby. This is an exclusive deal. Not an all-in-a-single-day deal. So bottom line is would I recommend this resort to others?

  • For the off the beaten path ambience – YES
  • For the cost – SORT OF YES
  • For the meals – YES
  • For the peace of mind – YES
  • For the drive – Oh YES!!
  • For the hospitality – YES
  • For the coffee – YES
  • For their payment mechanisms – NO! (they accept only cash, so there is no confirmation of prior room booking)

The pictures would speak more than anything else. What are you waiting for? Hit the road now!

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Will the Charm called Yeddy last anymore?

(image courtesy: http://www.pawsalava.com/)

The recent supreme court judgement on the disqualification of rebel MLAs being null and void has not only given more teeth to the opposition parties that are already dissatisfied with the current government but has also given the rebel MLAs within BJP to press for a change in governance within the party.

This has now also become a plank for personal vendetta against each other between JDS, Congress, the Governor and the chief minister. Though Yeddy has consistently come out of all troubles and hardships he faced as chief minister, the latest salvo seems a bit complicated and long drawn affair. Given that corruption is highest in Karnataka one would expect a revolt from the people. But surprisingly even in the by polls just conducted and concluded, the BJP has again emerged victorious especially due to the operation LOTUS which has been its successful weapon ever since it formed the government.

The real problem with Yeddy is not about giving up his post and chair. Its really about keeping all the infighting away from breaking the party until it keeps its tenure.Though every CM would love his chair more than anything else, given the constant black magic incidents against Yeddy and his subsequent Mutt visits to annul these seems to be like its coming straight out of a movie clip. When every other state is aiming towards development, conducting business and attracting investments, Karnataka seems to be mired in controversy after controversy which weakens the progress towards efficient industrialization. This exactly then is the difference between Gujarat and Karnataka.

Armed with the SC verdict, the governor will now either kick out the speaker and the CM or go one step forward and also ask for a trust vote on the floor in order to bring down the entire government. Whichever way it is, its a blow to the people who elected the government forcing them to face another election on their face.

The credibility of JDS and Congress is another matter to talk about. Not that if the BJP goes down will he have an ultra effective government by Congress or the JDS. While the congress has no youth power and fresh ideas and still contains the same old wine being packaged in a new bottle each time, the JDS is still battling to have a proper identity. Once it says its development oriented, but still prevents infrastucture from being completed (read : NICE expressway), another time it says it supports minority, but we do still see many people disgruntled with the way the party is being handled.

So the big question is what happens to Yeddy this time? Will people go after his scalp and get it ? Should he step down and make way for someone more mature and strong to tackle opposition? The same opposition which has been time and again arguing about people’s verdict? Or should he run back to the Mutt to get divine blessings that will keep the evil away?

If the government does come down will it mean we see another family party come up in Karnataka and loot its wealth all over again like TN?

My guess is as good as yours!

 

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iPad 2 now available in India, starts at 29,500 Rs for Wifi version and 36,900 for 3g version

 

Apple finally has launched its iPad 2 in India, at reasonable prices of 29,500 for the Wifi version and 36,900 for the 3g version which is quite competitive to Samsung’s tablet prices and also to Apple’s USA pricing.

In the USA the same version is available at 499$ and with about 8-10% tax that works out to ~ 525$ which in Indian money roughly translates to 24,675 bucks assuming a dollar is 47 bucks. This does not include shipping costs and is applicable only for USA store pickups and Apple online purchases.

 

Still the Indian version has roughly about 20% more cost making it viable to purchase one from USA directly if you know someone there. But if you need warranty for a year, immediate pickup and instantaneous nirvana, head to a Croma, or eZone or Staples store or very much to the Apple authorized iMAGINE stores and pick up the iPad right here!

With a super fast dual core A5 processor, roughly about 512MB RAM and FaceTime HD, 10 hours battery that would probably last much longer if you switch off that Wifi, and iPad Smart cover at an extra 2000 bucks, the tablet war really starts to heat up for Samsung, Acer, Asus, Motorola (if they really care about India anymore).

 

Apple’s main competitor remains Samsung though they collaborate within for supplies of memory chips and at lawsuit trials elsewhere! It is to be seen how Samsung prices its 10.1″ Android Honeycomb tablet in comparison to this latest salvo from Apple.

Also heating up the atmosphere would be the impending iMAC refresh with thunderbolt port, and Sandy bridge Intel core i5 processor line which will retain Apple’s products as the most powerful and easy to use for some time to come. The cost is always a question, but then to own something beautiful, one should not be too iffy about cost factor isn’t it ?

Note that its only a matter of time before HDFC, ICICI, Barclays, SBI and Citibank jump into the experience to offer the iPad 2 on EMI schemes which makes it all the more easier to own one!

(all images courtesy apple website)

 

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KHB Apartments Allotment announced for Yelahanka New town, Bengaluru

Today the TOI put up an advert from the government which has announced Apartments from KHB at yelahanka new town. You can click on the ad below for a bigger picture.

You must notice a marked shift in the pricing of the apartments this time. While one can agree that this would be in Yelahanka New Town, an 850 sqaure feet apartment is pegged at about 25.60 lacs. If we remove around 2 lacs worth of KEB and BWSSB charges, the rest turns out to be 23.60 lacs.

For an 850 square feet of SUPER BUILT UP area, this works out to a WHOPPING Rs.2,777/- per square feet. With market rates hovering between 2,000 and 2,500, KHB has set the benchmark in raising the rates around the area itself by pegging its new apartment blocks at this figure.

The following however are good points about the new residential developemnt from KHB

  • Focus on rainwater harvesting
  • Solid waste disposal unit
  • Piped LPG gas distribution and supply – one of its kind from KHB
  • Sewage treatment system
  • No common walls between flats
  • Toilets with false ceiling facilitating easy repair work
  • Mainteance and service staff get their own toilets

Lets just quickly understand how the flats look like with the available bad quality of pictures.

2BHK – 850 SFT

 

The only downside to this type of flat is that both bedrooms DO NOT have balconies. Also there are NO attached toilets in this type of flat.

3BHK – 1200 SFT

 

In this type of apartment, the following points are good:

  • Both bedrooms have balconies
  • There is a dedicated utility space
  • There is atleast one attached toilet

However, there is NO balcony for living room

3BHK – 1600 SFT

 

In this type of apartment, the following points are good:

  • Living room and two bedrooms have balconies
  • Dedicated utility space is provided
  • There is some additional seating/puja space next to dining area
  • There is atleast one attached toilet

There are no obvious negative points to this type of flat except its cost, which is close to 50 lacs!

Some other important points to note:

  1. Stamp duty and registration will be about 12-13% over and above indicated cost
  2. Application distribution starts 8th April, 2011
  3. Other conditions are listed here from the AD.

So for those interested, dont miss this opportunity. If KHB has been strategic enough this will come quite close to major bus stands, metro terminals and commuter railway stations in Yelahanka.

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An open letter to Manmohan Singh on the budget 2011

 

Dear Mr. PM,

The whole country is feeling that the budget presented by you is a balanced budget for 2011. While one can’t disagree, I strongly feel that this country lacks a visionary even among people like you who are economically sound. So lets just understand the basic issues plaguing the country at this point in time and whats the urgent need of the hour.

  • Rising prices and fiscal deficits – Either way you look at it, whether you increase fuel prices or whether you increase taxes the bottom line is that the products and services get costlier on the people availing them. This means that people shell out more from their earnings to increase revenue to the government. However as in the past no matter how many items and how many subsequent increases in taxes you propose, the country still lingers on with a fiscal deficit instead of a fiscal surplus. The true visionary therefore needs to bring the country into a surplus situation. While here the stock markets here are rejoicing on lesser fiscal deficit rather than questioning you on when you can show the accountability to bring in a surplus situation
  • Scrapping tax holidays and its impact – True the software industry has been enjoying a tax holiday for a decade or more now. But it was always in the governments control to have changed that long back. What is unfortunate is NOTthat you are scrapping that now, rather that it hurts the salaries of both existing and upcoming executives at a time when the country is already reeling at high inflationary levels. If only you had brought about this scrapping of tax holidays in a phased manner starting all the way from 2001 upto now, salaries would have been moderated and most people would have been leading a more realistic life by now. Spending would have been calculated, reasoned out and the economy would have followed a linear growth curve instead of a cooked up exponential one. By all means one knows now that software industry is not the major contributor to the 8% projected growth anymore. Its infact the feeder industries that contribute more to this growth. However you should not forget that this industry is a big driver for that growth. By introducing a tax holiday long back you and your governments are directly responsible and accountable for the rich-poor divide that has been created which will take years to flatten down.
  • The tax exemption drama – With baited breath at every budget the middle (cattle) class expects you to waive off taxation on an extended amount each year. Just because this is a populist expectation, you have also always raised this exemption time and again. While its some reason to cheer, its also a concern that you have not substantially looked out for ways to mobilize people to save effectively for their future other than just by increasing exemption limits, that too at a time when inflation is so high that it hardly makes a difference.
  • No proper agricultural policy – Agricultural lands are getting devoured fast and furious by land mafia for construction of ‘luxury’ homes at such a pace that since the past decade a metro like Bangalore has nothing left for its green cover. When you look at rural areas, constant power cuts, no policy for support prices and no importance given to agriculture has changed many a farmer’s mind to sell his land instead of cultivate leaving us with no option but to import foodgrains which we were once proud of growing in our own country. Someday at this rate, we (including you) will be left at the mercy of the food producing countries and their prices to get even three square meals a day. This is already happening to Oil (which i will come to in a moment), but when it happens to food as well, it hurts the most. The real loss is in making people eat packaged foods which are hardly any value for money, or healthy, leading to a situation which is almost near starvation in the near future. When health problems arise out of this, that becomes a double whammy on the already affected and make them pay a fortune to repeat this cycle of ill health and unhealthy food until all of us die of some mass epidemic some day.
  • Oil pricing – In your own best interests of vote bank politics and useless chaos, you have decided to keep the price of diesel low, while you go on increasing the price of petrol every other month. This is perfectly acceptable to us, provided you reduce the duty on petrol. Given that urban transportation is a big mess even in organized cities like Bangalore, and that your infrastructure budget overtures never end, it makes commuting from one place to another a constant nightmare to live with making it thus necessary for people to own cars. Once the budget is over and dust settles down, you then increase the diesel price by Rs.2/- each time knowing fully well that every single item that depends on this diesel for transportation will increase by Rs.2 or sometimes even twice or thrice that. Are you not visionary enough to bring in preferential diesel pricing and also avoiding pilferage at the same time? Do you think your experience in running the financial affairs in this country are not strong to control this loophole? Perhaps we can give an opportunity to farmers to transport everything by bullock carts to all cities. This way they get employment, we rely less on inflating food prices due to diesel price hikes and the country can live in peace. Put on your thinking cap Mr.PM and get the innovators to work out other ways. Promoting greener fuels is good, but not alone enough to remove the burden each price hike comes with.
  • UID and expectations – The UID initiative is definitely a good move and a much wanted move, but it also has to address providing social security, health insurance and focus on things like the 401k plan in usa, for retirement savings. Many things can be linked to UID and it must provide us our fundamental rights in lowering these important costs for government services. This boils down to the fact of rooting out corruption in government units (like hospitals, etc) and making them above par with private services getting more accountability and enabling bureaucrats to have more say than politicians. It requires a fundamental shift in the way of thinking and execution but do you have the guts and prowess for that Mr.PM?
  • Service tax increases on hotels and hospital services – Agree that you want to increase taxes to cover these sectors, but let me question you how far has the government gone in providing good quality government hospitals and hotels where people can stay decently and get services below Rs.1000 a day? Are you saying government cannot match up to private counterparts? If so, then again its a problem with vision and the fact that we are not learning from other countries even after 60 years of ramp up time!
  • Corruption – This is the most talked about subject and it almost always boils down to the fact that it is we who support corruption by paying bribes everywhere. But from the past 60 years have you ever brought about a fool proof system using the available technologies so that no government department work needs human beings to interfere with their bribe taking hands? how about documents with digital signatures? Things are there Mr.PM you just need attitude enough to spank your cabinet members all the way until your last peon to drive home the point.
  • Missing focus on priority sectors – This is the final point I wish to talk about, and from the past 5-6 decades some areas have seen more and more stronger focus as for example infrastructure as a case in point. But then primary education, support for the elderly and destitute, focus on uniformity in healthcare, afforestation in restoring ecological balance, expansion of education to provide more fields for specialization and recognition, removal of quota systems to enable people to feel competitive and come up brighter, improving public transport by involving more community based options, reducing reliance on fossil fuels and ensuring the right innovations are taken into products as a matter of policy, focus on improving all cities and villages uniformly, better power distribution and greater reliance on wind energy, support prices for food stuff and proactive handling of inflation situation – the list goes on.

Its important that you realize that growth for the next decade cannot be based on age old economic policies anymore. We need a fresh vision, we need to be able to hear public opinions and encourage collective and inclusive policy making, and ensuring all sections of the society actively participate in making India achieve vision 2020, that is if there is such a vision. If not, its about time we make such a vision statement right now.

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Aircel 3G launch and pricing, launched in chennai

It seems like Aircel is busy updating its website for the 3G launch before world cup cricket matches begin. As of today morning their website is completely down with the browser returning this message:

 

It would be interesting to see how Aircel places its tariff plans in competition to the already existing 3G services from Tata Docomo and Airtel.

UPDATE: Aircel 3G has been launched in chennai since yesterday and the first 250 MB for the next one week is FREE. However Aircel has not updated its website on the pricing yet. This means they are buying some time to first see how much load their servers take up and how 3G performs before stating the pricing. Bangalore still is waiting for this service though along with other circles.

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Insurance portability just around the corner, will it take off smoothly ?

 

For those who have just tasted the fruits of mobile number portability here is yet another sweet news. The IRDA, which is the ombudsman for insurance regulation just like the TRAI for telecom, has finally mooted the plan for health insurance portability.

In simple terms this means that you can port your health policy to another provider if you are dissatisfied with the current one. The crux of the matter was that until now you could not do such a thing without voiding the no-claim period spent with the earlier company. However with the portability announcement, by June we can switch to other health insurance providers retaining the benefits of the no-claim period, ideally thereby covering all excluded ailments of the first two years.

This is definitely a step ahead in the right direction for the IRDA. However the process is a bit more complicated than the MNP for TRAI. Already its not difficult to figure out that the insurance companies are a mafia by themselves. Lobby is a more decent term to use for covering up the word mafia. Still the lobby of such companies is so powerful that the government would have to tread quite cautiously while implementing this scheme.

Some of the key questions that likely need lots of thought are:

  • Would the no-claim be initially effective? or would there be a hold period for the same?
  • Once a person ports his policy to another provider, how long would he have to wait until he switches again? What does he lose in terms of benefits on early switching?
  • Can there be a single policy defined by IRDA that is uniformly acceptable and implementable by the umpteen insurance companies which are in the field today?
  • What amount of complexity is involved with the logistics of implementing such an operation considering there are only two or three TPAs behind all these insurance companies handling the backend?
  • How to enable healthy competition between insurance companies over and beyond the basic uniform policy? As is the case with MNP can there be freebies like increased hospitalization charges covered like higher room rent, or ambulance costs etc?
  • The biggest single most important question, can there be a uniform premium for all insurers put together?

 

 

Unless the IRDA seriously thinks about all this, this would be an effort which can lead to lots of confusion starting July and would take nearly a year more to stabilize. But if implemented properly and judiciously, with zero room for errors in insuring and claim processes, this would be the best gift Indians can get after a really long wait in the midst of archaic claim management cycles and policy renewals.

For those who have not observed, Reliance General Insurance as an example had a Gold and Silver policy for health insurance for sometime after which they removed Gold citing that not many people are opting for it. The real truth was that they had offered too many benefits under Gold policy and they could not continue in a state of non profit with this scheme. So they yanked it off immediately.

One more thing is that an average cover of 2,00,000 for a year, per person was costing about 2000 bucks a year ago. But within a year, citing 100% claims, the lobby (mafia) of insurance companies have succeeded in getting their way for a four fold increase in premium. In the above example it now costs 8000 bucks to cover the same 2 lakhs. So you can judge for yourself how you would be taken for a ride by the insurance lobby and how important it is that the IRDA brings in portability amongst these companies with uniform premium rates and policy plans.

This will be an exciting year to see how this reform is going to shake up the insurance market !

 

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