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Sunday, June 30, 2013

Narendra Modi led rescue efforts



Narendra Modi led rescue efforts in Uttarakhand are not publicity gimmicks

By : Madhu Kishwar

When on Saturday evening, TV channels brought the news that Narendra Modi's visit to Uttarakhand to oversee relief operations had kicked off a major political storm, I decided to go and check for myself whether this was indeed a cheap publicity gimmick as alleged by the Congress or a serious response to a tragedy.

Here's my take, one that I know will find many disagreeing: those who call Modi a Rambo or a publicity-hungry politician have no clue what they are dealing with. Consider the following. Gujarat today has a fighting-fit bureaucracy because it was enabled to develop expertise, team spirit and deliver results under the most adverse circumstances.

The Gujarat Disaster Management Authority ( GDMA) has become a thoroughly professional institution capable of responding to natural or man-made disasters. It has a 24x7 monitoring system and well-publicised helpline numbers well known to Gujaratis - both in the country and abroad. Modi has succeeded in conveying to the citizens of Gujarat that the government is always there to serve them. That is why the first response of Gujaratis anywhere in the world is to contact the chief minister's office if they are caught in a calamity.

Also, consider this. Modi arrived in Delhi late 17th night for a meeting with the Planning Commission on 18th when news of cloudburst and landslides was telecast on TV. He held an emergency meeting to take stock of the situation since he knew that thousands of Gujaratis are likely to be among the Chardham pilgrims . Right away, a camp office was opened at Gujarat Bhavan and the Resident Commissioner's team in Delhi was made responsible for coordinating with Gujarati pilgrims.

Early-Mover Advantage

On the 18th morning, Modi called Dr Pranav Pandya of the All World Gayatri Parivar to provide space and infrastructure in his Shanti Kunj campus for the relief centre proposed to be set up by the Gujarat government . He chose this campus because of his close knowledge of, and rapport with, this Gandhian institution that can house and feed thousands of people at a short notice.

It has a 2,000-strong community of swayamsevaks on the campus, plus 3,000-odd students of the Dev Sanskriti University. The campus also has a well-run hospital.

On the 18th evening itself, a set of computers with internet connections , telephone lines, television sets and all other paraphernalia required for Gujarat government's relief operation were set up. Therefore, when a team of Gujarat government IAS, IPS and IFS officers came, they could get going within minutes of reaching Shanti Kunj.

Team Gujarat had two officers from Uttarakhand - Assistant Director General of Police Bisht and Forest Service officer SC Pant - who had close knowledge of the terrain to guide both the stranded pilgrims as well as rescue teams on the safest possible routes to take. ADG Bisht went straight to Gupta Kashi from where the rescue operations are being launched.

A team of seven doctors trained in handling such emergencies, led by an orthopaedic surgeon, not only put in place an efficient first-aid service but are also attending to those severely injured.

I saw them go around to other relief camps and railway stations to attend to non-Gujaratis as well. The mandate of Team Gujarat in Uttarakhand is: take good care of rescued pilgrims as they arrive but send them home at the earliest possible in the most comfortable manner . Don't worry about expenditure or numbers.


Smooth Operators

As always, officers on the ground have been empowered to take onthe-spot decisions, to decide how many buses or taxis they need, how many pilgrims need to be sent by air and what kind of aircraft to order. I saw senior IAS officers working 24x7 alongside very junior staff in one single room as a close-knit team.
When Modi landed in Dehradun, Team Gujarat was already in control . Far from attacking the state government , he offered all possible help.

Upset Congress

In addition, he synergised resources , energised BJP workers to get going, not just for immediate relief but also long-term reconstruction work. All his officers were provided phone numbers of BJP functionaries of all 190 blocks in Uttarakhand and vice versa. As usual, he worked to guide and streamline the operations . There was genuine spirit of cooperation and teamwork.

The Congress party is understandably upset because its chief minister has proved a disaster, its party machinery is in disarray, Congress Sewa Dal workers are nowhere in sight, Rahul Gandhi's Youth Brigade is clueless even in routine situations , leave alone know how to face a crisis like the Uttarakhand deluge.

That is the reality of the Uttarakhand relief operation led by Narendra Modi.

The writer is founder, Manushi, and professor, Centre for the Study of Developing Societies

Saturday, June 29, 2013

Cabinet Committee on Economic Affairs to accept the Rangarajan Committee's recommendations

More gain than pain

Anand Kalyanaraman, Businessline

Big hike, big move.
Big hike, big move.
Higher gas prices with some sort of linkage to market rates will help attract investors to the sector.
The decision of the Cabinet Committee on Economic Affairs to accept the Rangarajan Committee’s recommendations will see the price of natural gas produced in India rise to around $8.4 per mmbtu.
The new price, applicable from April 2014, will be double the current rate ($4.2 per mmbtu) being paid for most of the gas currently produced in the country — by public sector explorers ONGC and Oil India, and by Reliance Industries from the KG-D6 block. 

The gas price will be reviewed quarterly based on the formula recommended by the Rangarajan Committee which takes into account price of gas imported into India and international benchmarks. This pricing regime will be applicable for five years. 

The move to hike the price of gas and start aligning it with global rates comes in the face of stiff opposition. The Left parties allege it is being done to favour Reliance Industries, while within the government, the Power and Fertilizers Ministries are worried about the impact on production cost.
But the price hike decision, if followed through, can be a positive game changer for the oil and gas sector. First, it could help staunch declining domestic production and increase gas output by making viable blocks earlier considered uneconomical due to low realisations. 

Higher prices with some sort of linkage to market rates will help attract investors to the oil and gas sector in India. An increase in gas output will also aid utilisation of pipeline capacities which are currently being under-utilised. 

Besides, it could revive many gas-based power plants lying idle for want of fuel. Within the oil and gas sector, there will be more winners than losers from the gas price hike. Below is an impact analysis. 

Very good for gas producers: The biggest beneficiaries should be public sector explorers such as ONGC and Oil India which account for almost 80 per cent of the gas currently produced in the country. According to company officials, the gas price hike will help ONGC increase annual profit by around Rs 8,000 crore, while Oil India’s profit is expected to be higher by around Rs 1,000 crore.
But some of these gains could be lost if the Government decides to impose a higher subsidy burden on these companies. 

This cannot be ruled out, given the fear of burgeoning under-recoveries due to the steep fall in the rupee. Gas output of these public sector companies has been stagnating. Higher prices should hopefully provide a fillip to reverse the trend. 

Reliance Industries, whose gas output from the KG-D6 fields has fallen from a peak of around 60 mmscmd in 2009-10 to less than 15 mmscmd now, purportedly due to technical difficulties, will also get a shot-in-the-arm. 

The company has for a long time now been asking for gas prices to be fully benchmarked to market rates. The Government’s move, while not going the whole hog, should still provide the company big relief. 

Viewed in the context of the company’s planned big investments (around $5 billion) to stem the fall in output and increase production from the KG fields, the price hike comes at an opportune time.
The rate being paid to Reliance is due for revision next year, and the doubling of prices from current levels will not only provide a boost to realisations but also provide an incentive to increase production. 

Already, there is optimism about the prospects of the MJ1 discovery and satellite fields. But given the long time lag between exploration and commercial production, an increase in gas output may take at least a couple of years to materialise. 

A jump in both price and output will also help vindicate the $7.2-billion investment made by global oil and gas major BP for a 30 per cent stake in the domestic oil and gas business of Reliance Industries. 

Other gas producers such as Cairn India and Videocon Industries should also benefit from the increase in price. Besides, players such as Essar Oil which produce coal bed methane gas may benefit. Shale gas, if and when produced in India, will also be priced as per the Rangarajan Committee recommendations. 

Good for gas transporters: For gas transmission major GAIL, an expected improvement in volumes as a result of the price hike should bode well. For the past many quarters, the GAIL stock has been under pressure due to fears of under-utilisation of its expanding pipeline network. On the flipside, higher gas price will increase input costs in GAIL’s petrochemicals and LPG businesses. 

But the management has indicated that the government may compensate this by reducing the subsidy burden being borne by the company on under-recovery on regulated fuels. Net-net, despite short-term pain, GAIL could gain in the long-term from the gas price hike. 

Gujarat State Petronet (GSPL) which has also been on the back-foot due to declining gas transmission quantities should benefit from a possible rise in volumes from the gas price hike. 

Not bad for gas importers: Domestic gas output may improve with higher price. But gas importers and regasifiers such as Petronet LNG should still have a market for their wares, given the huge gap between demand and supply for natural gas in the country. 

Even if domestic gas output picks up, the wide gap between expected demand (above 360 mmscmd) and domestic supply (around 160 mmscmd) by 2017 provides enough room for gas importers.
Not so good for city gas distributors: Companies such as Indraprastha Gas and Gujarat Gas which supply compressed natural gas and piped natural gas in urban areas will see a rise in their sourcing cost. 

But with the cost advantage of natural gas over fuels such as diesel, petrol and LPG, these city gas distributors should be able to pass on a good portion of the cost increase. But margins may still decline, given that the pass-through of costs may not happen to the full extent. 

(This article was published on June 29, 2013) 
 

THE FURY OF GODDESS - DHARI DEVI - KEDARNATH DESTRUCTION

Dhari Devi’s Wrath: The Cause of Kedarnath Destruction

June 26, 2013 5:25 pm
On June 15th, 2013, the ancient deity of Dhari Devi was removed from her temple to be shifted to another location to facilitate the construction of a dam, which locals were opposing ever since the conception of the project with the belief that the moving of the Dhari Devi would somehow agitate Kali. Exactly on the next day a massive cloudburst and flash flood started in Uttarakhand, which devastated Kedarnath, washing the city completely away.
Dhari Devi Temple in Srinagar (Uttrakhand)
Dhari Devi Temple in Srinagar (Uttrakhand)dhari 
This may sound like a story from a comic book, but it is not so – its reality that most people today like to ignore and push aside as superstition. The fury of the goddess is well known and any attempt to instigate her would lead to great destruction. Let us look at the events leading to the great devastation of Uttarakhand by flooding of Uttar Kashi.
The government has tried to build up dams to overcome the power shortage in the country. This has been opposed by locals and some prominent politicians like Uma Bharti and B. C. Khanduri of the BJP since it would lead to the submergence of the temple of Dhari Devi. As a result efforts to construct dams have been delayed indefinitely. Previously, in 1882, an attempt to shift the Dhari Devi shrine was immediately followed by havoc in Kedar Valley. There is some strange connection between these guardian goddess and the Kedarnath jyotirliñga.

The Joint Temples

These are not just any other Shakti temples, they are among the 108 Shakti Pitha mentioned in the Devi Bhagavat. Dhari Devi is a temple on the banks of the Alakananda River in the Garhwal Region of Uttarakhand state, India. It houses the upper half of a deity of goddess Kali specifically called “Dhari Devī” that, according to local lore, changes in appearance during the day from a girl, to a woman, and then to an old lady. Perched atop a 20 metre high rock, the temple of Dhari Devi is situated on the banks of river Alakananda. One has to travel a distance of 19km from Srinagar (Pauri Garhwal) on Srinagar-Badrinath highway upto Kaliya Saur, then down trek another half a kilometer towards Alakananda river.
According to a local legened, the temple was once washed off by floods, while floating the idol struck against a rock, the villagers heard the cries of the idol. On reaching the site they heard a divine voice instructing them to install the idol as it was, on the spot it was found. Since then the fierce looking idol remains where it was, known as Dhari Devi, under the open sky, and thousands of devotees on the way to Badrinath pay their obeisance to it. The temple of Dhari Devi in Srinagar hosts only the upper part of the deity of Godess Dhari, the remaining lower part is believed to be in Kalimath in Rudraprayag district.
It is believed that the idol of Dhari Devi shall not be put under a roof. For the same reason, the deities in Dhari Devi Temple are put under open sky. Taking photographs of the Dhari Devi deities are strictly prohibited. The village near the temple is name after godess Dhari and known as Dhari Village. A hanging bridge over Alaknanda river connects the Dhari Devi temple to Dhari Village.
Now, the lower half of the idol of Kali is located in Kalimath Temple. These joint temples are aligned exactly at NE-SW direction (see adjoining image) symbolizing Kali as sleeping with her feet in NE direction and head in the SE direction.
1 (1)
This causes the energy to flow in the NE direction, which in jyotiṣa, is the direction of Jupiter (Ishana Shiva), the parameṣṭhi guru. The upper part of the devi with the head symbolizes the calming of Kali by Shiva, the Guru. The lower part of Kali is not in the form of an idol and instead, is worshipped as the Sri Yantra. In this manner we learn that the Sri Yantra, as established by Adi Shankara at Kalimath, is the yoni of Shakti from which all creation proceeds.
The Kedarnath jyotirlinga is exactly North from Kalimath (see adjoining image) symbolising the husband-wife or Shiva-Shakti relationship. In this, Kedarnath being to the north (Mercury direction for ahimsa) is constantly calming the devi who is in the south (Mars direction, anger, agitated and at war).
On June 15th, 2013, the deity of Dhari Devi was removed from her ancient temple to be shifted to another location to facilitate the construction of the same dam (a 330 megawatt hydro electric project which now stands in ruins), which locals were opposing ever since the conception of the project with the belief that the moving of the Dhari Devī would somehow agitate Kali. They were right in their belief as any movement would lead to a change in the angle of the Dhari Devi and Kalimath alignment, besides altering the distance. There are energies we human beings do not understand as yet and it is best to let these spiritual shrines where these energies are contain, be maintained.
With the shifting of Dhari Devi, the agitated Kali has been woken up, and she seeks the demon Raktabija (seed of blood). As per mythology, Raktabija took various bodies and she continued to destroy each one. Primarily this indicates unimaginable bloodshed and death. Exactly on the next day a massive cloudburst and flash flood started in Uttarakhand. Today, when official death figures are at 1,000 (identified people/bodies), the unofficial figure is way beyond 5,000 deaths and more are still following as the rains are returning.
Restore the idol of Dhari Devi (Kali torso) to its original shrine and start the prayers that calm her down. Shri Yantra sadhana has to be maintained at Kalimath and Bael leaf must be offered to Kedarnath. If this is done, then Kali will calm down and the agitation of nature will stop. If this is not done, then the agitation of Kali shall spread throughout India and this will prove to be one of the worst years in the history of modern India.
Sources : www.srath.com

SHARE MARKET TIPS : STOCK FUTURES : LT DAILY CHARTS : NSE : TIPS ON STOCK MARKET

LT Daily Charts suggest there is an upside momentum till 1438 as 1st target price & 1464 as 2nd target price

To achieve this it may take a weeks time SL can be kept 1338

LEARN BY DOING : HOW TO SUCCEED IN LIFE : THINK in practical by Napoleon Hill




Every great railroad, and every outstanding financial institution and every mammoth business enterprise, and every great invention, began in the imagination of some one person.

Thomas A. Edison created the talking machine and the moving picture machine and the incandescent electric light bulb and scores of other useful inventions, in his own "imagination," before they became a reality.

Imagination is a faculty of the mind which can be cultivated, developed, extended and broadened by use.

Success in this world is always a matter of individual effort, yet you will only be deceiving yourself if you believe that you can succeed without the co-operation of other people.

Success is a matter of individual effort only to the extent that each person must decide, in his or her own mind, what is wanted. This involves the use of "imagination." From this point on, achieving success is a matter of skillfully and tactfully inducing others to cooperate.

How to succeed in life :
By developing the ability to THINK in practical
rather than in theoretical terms;

"learn by doing."
Napoleon Hill

Wherever you are, whoever you are, whatever you may be following as an occupation, there is room for you to make yourself more useful, and in that manner more productive, by developing and using your "imagination."

SHARE MARKET TIPS : OPTION TIPS : PERFORMANCE REPORT JULY SERIES 2013

SHARE MARKET TIPS IN NIFTY OPTIONS, BANKNIFTY OPTIONS, STOCK OPTIONS OPTIONS TRADING IN STOCK MARKET IS  A HIGHLY PROFITABLE INSTRUMENT VIA BANK NIFTY OPTIONS, NIFTY OPTIONS, STOCK OPTIONS
TRADE OPTIONS ALWAYS DEEP IN THE MONEY USING STRANGLE STRATEGY NAKED CALL OPTIONS, NAKED PUT OPTIONS
NIFTY OPTIONS HIGHLY VOLATILE UP TO 300 PTS IN A MONTH
BANK NIFTY OPTIONS HIGHLY VOLATILE UP TO 1000 PTS IN A MONTH



INVESTMENT 1 LAKH FOR 5 LOTS
PERFORMANCE REPORT FOR JULY EXPIRY 2013
DATE
OPTION
TYPE
STRIKE
PRICE
CALL
PUT
ENTRY
EXIT
SL
PROFIT
PER
 5 LOTS
REMARKS
28-06-13
BANKNIFTY
11600
CALL
230
323
190
11,625
INTRADAY
28-06-13
HINDALCO
100
CALL
4
5
2.5
20,000
INTRADAY
28-06-13
LT
1420
CALL
38

20

POSITIONAL
PENDING

OPTION TIPS : STOCK OPTION TIPS : BANKNIFTY OPTION TIPS : NIFTY OPTION TIPS : NSE BSE

BUY GIVEN BANKNIFTY 11600 CALL@230
TARGET 270, 330 SL 190
TARGET DONE AT 323
PROFIT RS.  2300/-

BUY GIVEN IN HINDALCO 100 CALL @ 4
TARGET 5,6 SL 2.5
FIRST TARGET DONE 5
PROFIT RS. 4000/-

BTST
LT 1420 CALL @ 38
IBREALESTATE 65 CALL @ 3.2

STRATEGY FOR JULY EXPIRY: DAY 3

INVESTED 10,000 IN 5800 CALL @ 46

INVESTED 10,000 IN 5300 PUT @ 43

TARGET 40,000 TO 50,000

TIME PERIOD 10-20 TRADING SESSIONS
 
5800 CALL : LAST TRADED 120 made a high of 129
5300 PUT : LAST TRADED 7.5
 
let us gain with patience.........

OPTION TIPS - NIFTY OPTIONS - BANKNIFTY OPTIONS - STOCK OPTION TIPS

AXIS BANK & HDFC BANK looking good for the July series - 
Extremely Oversold




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MARKETS HAVE TURNED POSITIVE



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