WHO IS GOING TO PAY THE 60000 CR????

The most awaited budget for this year was presented on Feb 29th with the general election for the country around the corner.FM had the responsibility for balancing every quarter of the society and which he actually did satisfy.Most of them would feel that this budget was made with the election in mind,but the FM has done a pretty good job.Though he has not made any revolution with his policies,he has done a good job as an economist and as well as a politician.The slab for the tax exemption was raised from 1 lack rupees to 1 lack 50 thousand.Thus ensuring 4000 rupees in every tax payer's pocket.By doing this he has actually increased the consuming capacity of the population.And he has also cut down the subside duty on the equipments required for the making of a car,bike etc.And as a result of which the price of the car's have come down considerably .

The major but the most important step was that of the complete waiver of the farmer loans.This is the first time in the Indian history that a central govt has introduced such a scheme for the farmers.But the FM in his speech quoted that this scheme was only for one time and such a waiver would not be given in the future.Though this scheme has brought smiles in the faces of most of the farmers,this scheme forms a dangerous precedent for the future.There are various issues resulting from this complete waiver,first is that the 60000 Cr which has been completely waived off has hit the banking sector hard.Secondly,the banks would not be willing to give loans to the farmer who has not payed his loan and has been let free by the govt by this scheme.Third,most of the farmers would have got money from the local money lenders,and the govt has not announced anything for such farmers.Finally this gives the farmer the confidence for not paying his loan in the future.


Though this move is considered to be a move with the elections in the mind,it has brought about smiles in the face of the farmers.So the govt needs to sort out some solution for this never ending problem for the farmers and thus prevent such a scheme in the future.

FILM STARS AND ENTREPRENEUR IN THE CRICKET FIELD

Most of you would have seen SRK,the badshah of bollywood in the silver screen confronting with the villains and finally winning the battle.But this time he is in a different field,the cricket field.There was a recent controversy in which SRK was embarrassed by the BCCI,by accusing of attending the matches with intension of promoting his OMO.I think the badshah retaliated by owning a cricket club.Now no one can say that he is there to promote his films.The king Khan is a very big fan of the game,but he refused to attend matches after the controversy.But he is supposed to be present throughout the tournament and i am sure now no one would raise any question for his presence.



The kolkata team is owned by the King Khan,and he has got the arsenal to fire his opponents down.I think he would prove he is not only the badshah in bollywood but he is also a badshah in the cricketing field.

The following are the bid amounts and winners for various teams in the Indian Premier League:

Vijay Mallya won the bid for the Bangalore team for $111.6 million.

Shah Rukh Khan won the bid for the Kolkata team for $75.09 million.

GMR Holdings won the bid for the Delhi team for $84 million.

Mukesh Ambani won the bid for the Mumbai team for $111.9 million.

India Cements won the bid for the Chennai team for $91 million.

Deccan Chronicle won the bid for the Hyderabad team for $107.01 million.

Emerging Media won the bid for the Jaipur team for $67 million.

Ness Wadia won the bid for the Mohali team for $76 million, reportedly.

We have seen King Khan succeed in his movies,hope he succeeds in the cricketing field too.This is the start of a new era.And lets hope that this does lucrative field does not make young stars to lose the pride in playing for their country.

THE HISTORY OF CUBA

Fidel Alejandro castro ruz,who stepped out from the cuban politics recently.He is considered as one of the greatest leaders of the world.He might be a single man but he had the courage and confidence to challenge the country which is supposed to be the super power in this world,America.Most of them would have seen Fidel castro with a cigar in his hand with a stern look in his face,and i too misunderstood him to be a dictator of cuba.But i was wrong,he was the man who succeeded in getting the country out of a corrupt and American dominated ruling.





THE HISTORY FIDEL CASTRO
Fidel castro was born in the year 1926 and he graduated as a lawyer from the university of Havana.Castro wanted to remove General Batista,who was the ruler at that time.Batista was not an able leader and was a puppet in the hands of the American goverment.Castro initially failed to remove him through a revolt which he organized in the year 1953 and he was arrested as a war prisoner and was barred for 2 years.After that he reorganized everything for another revolt.Castro with the help of the veteran "Che" Guevara was successful in ousting Batista through the Guerilla war.Castro then became the Prime minister.He then formed a close alliance with the soviet union.This provoked the United states to invade cuba to throw Castro out of power.And this resulted in the Cuban Missile Crisis and the world was at the verge of another nuclear war.And the war was actually stopped.The next barrier for Castro was that of the breaking of Soviet Union into pieces.This forced Castro to legalize American Dollar and allow some private enterprises to invest in their country.
Castro as a person has nearly faced 11 American president till his date of resignation.He is definitely a symbol of courage and character.He holds the record for being in the office for nearly 50 years.He is not a coward to run from his duties,Castro in his message to cuba had emphasized on the fact that the ruler should be mobile and energetic,But unfortunately because of his health he is not energetic physically but definitely no other person in this world can be mentally strong as this tall cuban leader is.
The famous quote of Castro-"an ability to forge victory from defeat".I am sure most of u would agree that Castro was a man of words and he is surely the best leader.