Day: July 7, 2020
Why Australia is least affected by recession!!!
America’s economy is approaching a big milestone. If it keeps humming until July 2019, it’ll be the longest expansion in U.S. history. It would be exactly one decade and one month old by then. But there’s another country with an even more impressive run It’s even called the ‘lucky country’ Three big lessons from Australia.
- Be smart.
- Be organized.
- Be lucky.
So, if I’ve got any advice for other countries, it’s try and be as lucky as Australia That luck has to do with Australia’s treasure trove of natural resources. You know Australia is on the other side of the world and sitting on tremendously valuable minerals right at the point where the Chinese economy is just around the corner and exploding. Australia and every one its natural resources were within the right geographic neighborhood even as the Chinese economy began to begin . And it just so happens that China did a big fiscal stimulus in 2008 and spent a great deal of money building new cities. So all of these resources were drawn from places like Australia. So that also served as a huge tailwind at a time when developed markets were in a whole lot of trouble.
The year 2008 was a time of economic turmoil The Global Financial Crisis hit and markets crumbled around the world. But as it turns out this was also a year for Australia’s economic management to really show off At the time the government had a very helpful and very low level of debt. One reason? Pension reform in the 1990s. Australia set up a compulsory retirement system called the superannuation system. It requires employers put money into its employees’ retirement savings.
Since companies and citizens have to build up retirement savings, some of the financial burden to pay off pensions was taken off of Australia’s government As other economies reeled in the wake of the 2008 crisis, the Australian Government was then able to put money directly into people’s bank accounts This boosted consumer spending in order to stimulate growth In 2008, the Australian Government unlike some other developed market governments actually jumped in very quickly with fiscal stimulus, so that helped to kind of minimize the effect of the crisis The country’s numbers continued to look sluggish after the financial crisis. But they never quite dipped low enough or for long enough to satisfy the definition of a recession. It takes two quarters of negative growth to fall into a recession. Australia’s economy did post a couple of negative quarters since 2008, but no country’s perfect. Overall Australia’s economy has been managed pretty much in recent years partly due to a robust and stable financial institution.
Australia has an independent financial institution and it is a very well-run financial institution . It also has a floating exchange rate and the exchange rate helped it adjust to international shocks. Australia’s economic reforms gave it flexibility in times of hardship. For example, floating the Australian dollar In 1983, Australia’s government moved the dollar onto a floating exchange rate This meant that the dollar would be valued by supply and demand instead of being subject to influence from its government or its central bank It allows the economy to react to shocks as well Typically when an economy is hit by some sort of negative shock. The currency will adjust. It will depreciate and that helps promote exports. Another reason behind Australia’s economic diary lies in its immigration policy. Since the late 1990s, Australia has seen growth in temporary migration, many arriving to the country on student or temporary work visas. The number of temporary migrants peaked in the year 2000. However a recent change to immigration law in 2018 gave visa applicants more hurdles to get through if they wanted to come to the country Even when our GDP per capital average incomes aren’t rising by much because the number of people continues to rise that means the total GDP continues to rise at even more rapid pace Part of that’s underpinned by much faster population growth Most experts think Australia’s economy remains strong in 2019, but it’s not without risks.
Australia’s suffering at the instant from pretty weak wage growth. That’s worrying a lot of people. There’s a lot of fear right now that China is hitting a wall. That will hit demand for Australian products. The good news is to the extent that the Chinese are buying commodities hopefully will find buyers from overseas for many of those commodities if the Chinese are not there The bad news is the rest of the world economy is not doing that well.
Miracle Mirror Image Writing..
Miracle Mirror Image Writing in Two Languages Hindi and English, mirror image writing from your side as well as from my side without changing the paper at 180 degree but while at the time of reading you have to move paper at 180 degree…..Really Miracle to the World.
Harmony Management- Core of the Organisation
What will happen if there will be no harmony in the organisation.? What will happen if employees will start conflicts with each other and disagreements just based on from where they come and who they are.?
There will be havock right ! Lets understand how the Harmony Management is core of organisation and find together how our organisation will flourish with harmony management.
As we all know organisation comprise of various employees and how they vary from each other. People from different religions,castes,language,culture come together under one roof for the fulfillment of organisations objectives. So, lets understand what is harmony first.Harmony mean dealing with disputes and resolving conflicts fairly and properly with neutralization and Middle Way principles to further the welfare of each individual as well as the wellbeing of mankind as a whole. Harmony is long lasting value.
Now, lets understand in detail how organisation will be much better or even best with harmony present in it.
Harmony is the secret principle that controls life – be it at the personal or Organisational level. Harmony manifests itself in good judgment and in the organizational context it means the efficiency or effectiveness of taking right decisions timely and avoiding organizational confrontation and conflict. Conflicts are a natural ingredient of any organization but do not mean there has to be conflict for good management. A man who cannot get along with others is a man who cannot get along with himself. One who finds faults with others does not have a high regard for himself and this loss of self esteem is a cause of disharmony and conflict in organizations. Things are not as they appear to be, thanks to the limited scope of human perception! Instead of getting intimidated by organizational environments and circumstances if you first harmonise the situation with discriminative wisdom in your mind, the outcome will take care of itself! A harmonized mind produces harmony in this world of seeming disharmony; Harmony is a prolific source of power. This is true of any type of organization – any structure that has interacting parts, from nature as a whole to human relationships to corporate businesses and spiritual societies. Harmony is the soul of an organization; disharmony is death.
LETS TALK!!!
ATTENTION! ATTENTION!
Talk : Doesn’t this word look simple, but the simpler it looks, the more difficult it is for people to talk.
No matter however good you are in manifesting and expressing your feelings but at times, depression and stress makes it difficult for us to express and convey our emotions to others. No matter how pleasant we seem from outside, but the further you cover the more difficulties you encounter when you talk to others. That is why it is unquestionably very important to communicate and let others know about your thoughts and sentiments.
Reasons for not talking to about:
Due to their social atmosphere, some refuse to communicate only because of their family pressures, others withhold feelings from their emotions that destroy their livelihood in the future.Some couldn’t talk because of their previous experience where they were rejected or ignored or being judged either by partner friends or any family member which makes them more cautious about opening up in future. Whereas in some cases people afraid to talk because they are scared of accepting their fears or accepting themselves which indirectly will stop them to confront to others.Some worry that people may think they ‘re weird and leave them out. Some fear that they’ll be treated differently or targeted after opening up so that they don’t talk about their mental health or feelings. Some worry that people may spread rumors and use them as an advantage or make a lot of it..
As its old saying that ‘ A PROBLEM SHARED IS A PROBLEM HALVED!’
The longer they hold their feelings hidden, the more they accept all of their body’s detrimental consequences that destroy their physical and emotional mental wellbeing.And then in such negative thoughts they start going through depressions which slowly makes it more worse by welcoming suicidal thoughts.So instead of ruminating the problems n our head for too long and making it worse , people should start working on them.
So thats why its very important for all of us to talk to communicate to open up to people. It helps us to gain perspective and find solutions which would have been more difficult by stressing on that alone. Just only by sharing we provide solutions to our problems and demonstrate how positive and beneficial it is to speak up. And the more we communicate the more we become less lonely and also that will make us feel like in this case you have somebody supporting you and will always want and support you and deter you from feeling alone.
Guidelines on how to talk or free yourself:
• Choose the right person with whom you are able to open up freely :
There are a lot of people who are surrounded by a lot of friends, but still alone inside, still lacking to find a person who can understand them. So instead of having an irrelevant company of friends, have somebody who actually understands you and acknowledges you.
• Be clear and concise on whats going on your mind :
People are depressed sometimes, because they don’t know what’s disturbing them. They ‘re not clear about their own thoughts, either. But if you overthink things with the pessimistic, you have to try to identify the underlying cause and by diagnosing their feelings, suggestions on paper on what they actually know can be really beneficial for those who genuinely struggle to talk to.
• IIf you don’t feel comfortable talking to your loved one, you can easily talk to someone who doesn’t know you, but who’s able to acknowledge you, such as a therapist or a psychologist: they make a major contribution to ones life.They will guide you in such way that will actually make you feel comfort.And it’s not at all wrong to visit them, as some also worry that others will criticize you or make fun of you. It’s just for your inner and mental peace, and to get your life back to normal.
• Be honest to yourself first:
If you don’t recognize your own vulnerabilities, worries, feelings, desires, it’s going to be much tougher to talk about all this to someone.
• Connect with family and friends more:
If things are troubling you in your mind start spending more quality time with your family or friends and interact about everyday topics. It will make you feel more free in opening up too.
• Opening up physically:
I know this might sound wrong, but sometimes it can actually help you with your partner verbally. By taking a deep breath holding up or stretching your chest or even doing relaxing yoga, all of these will help you to relax your mind and remove all fears and help you to open up.
How to help someone to talk:
• Be a good listener:
Even having that one, they still find it difficult to communicate in fear of being judged. Yes, it was JUDGED!!! We all want someone who just needs to listen to us on whatever we’re expressing our thoughts on our feelings without judging the others or giving them their opinion on closing them down. But most people are begin to respond and suggest them instead of understanding them.
• Choose the right time to talk to:
It you feel your partner or friend is going through some difficult times and not opening up to you for the same then choose a proper timing where he is relaxed and comfortable talking to you for the same.
• Share your own feelings:
Try opening up with your partner about their own feelings and struggles which will make them feel safe and strong to talk to you for the same.
• Do another bonding activity:
Do something different and enjoyable together, where your partner or friend will be willing to adjust them. Such an experience would concentrate not just on talking, but also on communicating and building a good connection.
Be prepared for tough choices
The administration’s plan of action to a law to engage the Reserve Bank of India (RBI) to regulate urban helpful banks is realistic . A powerful management structure of banking tasks, comparable to that for different banks, will decrease issues. UCBs have assumed a valuable job in spreading the scope of formal fund to the unbanked, yet were viewed as too little to even consider creating any foundational damage and entrusted to administrative disregard. Further, state governments were disinclined to surrender their authority over community banks. The result: disappointments have gotten normal because of poor corporate administration and powerlessness to distinguish cheats, leaving scores of contributors in danger.
Joint guideline with the state governments confined the RBI from opportune administrative activity against these banks. Properly, the proposed law enables the RBI to manage UCBs similarly as different banks. The controller should augment its management wing and convey savvy innovation to reinforce oversight. Man-made consciousness empowered checking of exchanges will permit the chief to see designs in interconnected exchanges among numerous banks and shadow banks that today get away from investigation. The piece of the overall industry of UCBs tumbled to 3. 3% in FY17 from 6. 4% in FY02 following the trick at Madhavpura Mercantile Bank in 2001-02. On the off chance that these banks need to remain in business, they should embrace center financial arrangements. Upgrading polished methodology in UCBs and improving administration in these banks, regularly under the thumb of lawmakers, ought to be the core interest.
Both the Malegam Committee and a RBI board under R Gandhi had proposed that a leading group of the board in helpful banks must be designated powers like what business banks have given to their sheets of executives. This is coherent to consider investor delegates answerable.
Welcome supervisory move on co
The administration’s plan of action to a law to enable the Reserve Bank of India (RBI) to administer urban helpful banks is commonsense . A hearty management system of banking tasks, comparable to that for different banks, will diminish issues. UCBs have assumed a valuable job in spreading the range of formal money to the unbanked, however were viewed as too little to even consider creating any foundational mischief and entrusted to administrative disregard. Further, state governments were reluctant to surrender their power over center banks. The result: disappointments have gotten standard because of poor corporate administration and powerlessness to distinguish cheats, leaving scores of contributors in danger.
Joint guideline with the state governments confined the RBI from convenient administrative activity against these banks. Appropriately, the proposed law enables the RBI to administer UCBs similarly as different banks. The controller should amplify its management wing and convey brilliant innovation to fortify oversight. Man-made reasoning empowered observing of exchanges will permit the chief to see designs in interconnected exchanges among various banks and shadow banks that today get away from examination. The piece of the overall industry of UCBs tumbled to 3. 3% in FY17 from 6. 4% in FY02 following the trick at Madhavpura Mercantile Bank in 2001-02. In the event that these banks need to remain in business, they should embrace center financial arrangements. Upgrading demonstrable skill in UCBs and improving administration in these banks, frequently under the thumb of government officials, ought to be the core interest.
Both the Malegam Committee and a RBI board under R Gandhi had recommended that a leading group of the board in agreeable banks must be designated powers like what business banks have given to their sheets of chiefs. This is intelligent to consider investor delegates responsible.
The perils of follow the leader syndrome!
To the reasoning Indian, the administration of the pandemic, among different issues, is both unacceptable and confused.
André Gide, the French author, once stated, “Everything has been said previously, yet since no one listens we need to prop up back and start once more. ” These words possibly underscore the should be vocal particularly when one has the nation’s eventual benefits on a basic level, all the more so when India is going through one of its most troublesome stages since Independence.
Tune in to the inward voice
The tale coronavirus pandemic is causing extraordinary torment. Be that as it may, the purpose behind its most difficult pass up the legislature of the day, influencing the economy as well as the very employments of lakhs of Indians. We have to work up our aggregate still, small voice, the inward voice that cautions us that things are not typical. Be that as it may, how would we do it?
We should help ourselves to remember what B. R. Ambedkar said on November 25, 1949: “‘The second thing we should do as to watch the alert which John Stuart Mill has given to all who are keen on the upkeep of vote based system, in particular, not ‘to lay their freedoms at the feet of even an incredible man, or to confide in him with power which empower him to undermine their organizations. ‘ ‘. . . this alert is unmistakably more fundamental on account of India than on account of some other nation. For in India, Bhakti or what might be known as the way of dedication or legend revere, has an influence in its governmental issues unmatched in greatness by the part it plays in the legislative issues of some other nation on the planet. Bhakti in religion might be a street to the salvation of soul. Be that as it may, in legislative issues, Bhakti or legend revere is a certain street to debasement and to inevitable autocracy’. ” These expressions of alert hold great even today.
Overseeing catastrophe
COVID-19 has represented a grave danger to India directly from the hour of the national lockdown. But then, even now, the organizers in the nation don’t have a national intend to battle the illness. The Disaster Management Act, 2005 explicitly characterizes “Debacle” as “a fiasco, setback, cataclysm or grave event in any territory, emerging from normal or man made causes, or unintentionally or carelessness which brings about significant death toll or human affliction or harm to, and demolition of, property, or harm to, or debasement of, condition, and is of such a nature or greatness as to be past the adapting limit of the network of the influenced region”.
The Act is exhaustive and accommodates, bury alia, the constitution of a National Authority, a National Executive council, the constitution of a warning board of trustees of specialists in the field to make suggestions and to set up a national arrangement. This arrangement must accommodate measures for anticipation or alleviation. The Act sets down “rules for least principles of help, including “ex gratia help because of death toll. . . what’s more, for reclamation of methods for business”. It empowers the formation of a National Disaster Response Fund in which the focal government must make due commitment and requires “any awards that might be made by any individual or foundation with the end goal of catastrophe the board” to be credited into a similar Fund. It additionally accommodates a National Disaster Mitigation Fund, solely for moderation . The Act additionally accommodates State and nearby level plans and for making State Disaster Response Fund among others.
The Act was not authorized for quite a while even by the United Progressive Alliance/Congress government which established it. The Supreme Court of India mediated at the instan’ce of Swaraj Abhiyan (Swaraj Abhiyan versus Union Of India And Ors) and Prashant Bhushan. Judges Madan Lokur and N. V. Ramanna coordinated, in 2016, that the Act be executed, and specifically the planning of a National Plan, a National Disaster Response Fund, or NDRF, and a National Disaster Mitigation Fund, or NDMF. In this way, just because, the administration came out with a National Disaster Management Plan (NDMP), 2016, which managed different sorts of fiascos; it was corrected in 2019. So for what reason is this National Plan not even set up? Without it, the battle against COVID-19 is impromptu, and has brought about a large number of government orders, befuddling the individuals who are to uphold them just as the general population.
Uncaring advances
More regrettable still, the NDRF is inert. On April 3, 2020, the administration of India consented to contribute its offer to the NDRF. Be that as it may, inquisitively, “remembering the requirement for a committed national store with the essential goal of managing any sort of crisis or trouble circumstance, as [that] presented by COVID-19”, an open magnanimous trust under the name of Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was set up to get awards made by people and organizations out of the NDRF, infringing upon Section 46 of the Act. The crores being sent to this reserve are not even inspected by the Comptroller and Auditor General (CAG) of India. It is an absolutely dark exercise. Inquisitively on May 22, the legislature of India gave a warning to battle the insect hazard by expanding help under the NDRF as additionally the SDRF. Along these lines, as per the legislature, the danger of beetles is more serious than the novel coronavirus. Unmistakably, the administration of the day has overlooked the coupling law as well as dodged it. The legislature has chosen to battle the emergency in an impromptu and discretionary way rather than the composed strides as commanded by the Act. In this manner, the specialists have been sidelined.
One-sided choices without the counsel of others just purpose issues, two great models being demonetisation that was constrained on the country in November 2016, and the national lockdown of March 25 that was pushed onto a one billion or more individuals at four hours notice. To add to this is the go head to head among India and China at the Line of Actual Control. To speculation Indians, the treatment of these circumstances isn’t just unsuitable yet additionally confused.
Nobody can deny that the Prime Minister has good intentions, however his activities talk in any case.
With Parliament not in meeting and the legal executive basically quiet, in spite of its suo motu intercession in the transients’ emergency, nobody is in any event, requesting the usage of a quick National Plan for COVID-19. Apparently established bodies have not paid notice to Dr. Ambedkar’s admonition.
The media and common society need to step in to watch the country as they are the last bastions of a dynamic majority rules system. One can just think about the sonnet by Josiah Gilbert Holland, with the line, “. . . A period like this requests, Strong personalities, incredible hearts, genuine confidence and prepared hands. “
As Albert Einstein once stated, “The quality of the Constitution lies totally in the assurance of every Citizen to guard it. “
In this way, let every one of us take a pledge to guard the Constitution of India. I am aware of no other path forward.
Welcome changes to stamp duty rates!
It is welcome that the Center has excused and normalized stamp obligation rates on protections showcase exchanges from July 1, and smoothed out the assortment instrument. Offers, shared reserve buys and obligation instruments for the most part would draw in a stamp obligation of 0. 005%, and for move of security it would be 0. 015%. Stamp obligation and enrollment expenses yield sizeable income for states, around 0. 7% of GDP every year. Be that as it may, till a month ago, we had various stamp obligation rates across states for similar instruments, prompting routine jurisdictional questions and numerous frequencies of obligation. That implied high exchange costs in the protections advertise that basically harmed capital development.
The Finance Act of 2019 amended the Indian Stamp Act, 1899; its usage was deferred by Covid-19. Prior, stamp obligation was payable by both vender and purchaser. In the new framework, it is collected distinctly on one side, payable either by the vender or the purchaser, put something aside for specific instruments of trade where stamp obligation would be borne by the two players in equivalent extent. The guidelines necessitate that stock trades, clearing partnerships and stores gather the stamp obligation and pass it ‘inside three weeks of the finish of every month’ to the concerned state where the living arrangement of the purchaser of the security is found. Most likely, with computerized exchanges, the assets move can be far snappier in order to support income efficiency.
Quite, no stamp obligation is chargeable on exchanges of stock trades and safes arrangement in coastal IFCs like GIFT City. The legitimization implies a lot of lower stamp obligation rates for loan cost, money subordinate instruments and furthermore for repo, or repurchase, commitment in corporate securities. The proceeding with disjointedness of tax collection from protections exchanges needs tending to.
The law above partisan loyalty
Three later ‘dynamic’ decisions from a US Supreme Court that had dependably been considered greater part preservationist, after President Donald Trump pushed through the arrangement of Justice Neil Gorsuch, offers scope for reflection in the US as well as on faraway shores also. In scarcely any pieces of the world are legal arrangements as politically charged as in the US.
Be that as it may, there is an inclination for the higher legal executive to be overawed by the official, particularly when the official is driven by an incredible pioneer who has cleared to control riding a flood of fame.
On the off chance that a political deputy to the seat can challenge the ideological desires for the organization that named him to the seat, so as to be consistent with the legitimate rules that he is pledged to maintain, there is each explanation behind adjudicators whose arrangement is normatively above ideological contemplations to be guided by the law and by the law alone.
The US Supreme Court conveyed three decisions in progression that hurt preservationist supposition. One, it held that to fire somebody on grounds of their sexual direction is illegal; two, it struck down a Trump organization move to stop an Obama-time move to give a free go to unlawful workers who had shown up in the US as youngsters; and, three, it overruled certain limitations on fetus removal that the province of Louisiana had tried to present.
Not at all like in India, premature birth is disagreeable in the US and profoundly annoys strict preservationists. How could the court, with an agreeable larger part of moderate adjudicators, convey such a body hit to standard traditionalist concerns? The appropriate response is clear. While the adjudicators may be traditionalist in their governmental issues, they decide to be dedicated exactly and actual purpose of the law and the Constitution as they comprehend these to be.
In India, we have a marginally unique sort of issue. Judges will in general consent to hear cases that bring up issues of strategy as opposed to of legitimate rule. Strategy is the authentic space of the official, not of the legal executive. Whatever floats, its boat.
A New Way, the Area of Trapezium.
Lot of mathematicians have proved Pythagoras theorem in their own ways. If you google it you will indeed found hundred of ways.
Meanwhile I was also sure that maybe one day I could find something new out of this incredible Pythagoras theorem and Recently I got something which I would like to share with you.
To Prove: Deriving the equation of area of trapezium using Arcs
Proof: There is a triangle ABC with sides a b and c as shown in the figure.
Now,
Area of ∆ BCEG = Area of ∆ BDC +Area of ⌂ DCEF + Area of ∆ EFG
c^2=ac/2+ Area of ⌂ DCEF + (c-b) c/2
(2c^2– ac –c^2+ bc )/2=Area of ⌂ DCEF
(c^2– ac+ bc )/2=Area of ⌂ DCEF
c(c– a+ b)/2=Area of ⌂ DCEF
Area of ⌂ DCEF=BC(DE+CF)/2
Copyrighted©PiyushGoel
TRUST AND FAITH
Hello everyone today we are going to talk about trust and faith. This two words are most divine word. This two word shows human great qualities.In my views I have seen less who are both trustworthy and faithful. This are rare person to be found in our life. We everyone also look for this type of people in our life.But sometimes some people get some not.
We can say that faith is actually a silent trust in the power that has been created in human being.Faith is the existence of power and natural conviction in ourselves.Without this two word the world would not be half of beautiful.Think we this two word doesn’t exist in our life what would happen to our life? We know sometimes there are some people who doesn’t to have our trust and faith but some people are there we should trust them and have faith in them as by doing this they will also trust us and will have faith on us which will create a best bonding in between families or two people.
Do you know our life is journey all about faith and trust! Also there are no direct ways for trusting people but it is a deep understanding which will be created in them. When we trust someone we have so much faith on that person that never ever any doubt arise in our mind or any type of questioning. Let me give you an example. When we are born we first start believing in our parents and gradually when we become young we start believing in our friends. Is this correct or not? So in our lifetime we always believe in them, and this thing only increases our faith and trust upon them.
We all have faith on God that’s why we pray when we have problem or thanks to god when we achieve something. All we pray to Gods, Why? Because we have faith on him and we trust him.
This world is all about on Trust and Faith.If we all will have this qualities the world will be most beautiful than ever we thought. With faith and trust every single person in the world can bring a change to the world.
I hope you should start have faith and trust in person so that we can make our world the most beautiful place. Don’t ever break somebody trust and have faith on your partner or in family.
I hope you like my article and let me know in comment box what do you think about faith and trust?
Thank you for reading my article and have a nice day!
A Way of Life
Sir William Osler’s address on “A Way of Life” was given at Yale in the spring of 1913.
I have a message that may be helpful. It is not philosophical, nor is it strictly moral or religious . . . and yet in a way it is all three. It is so simple that some of you may turn away dissapointed. My message is but a word, a Way.
The way of life that I preach is a habit to be acquired gradually by long and steady repetition. It is the practice of living for the day only, and for the day’s work, living in “day-tight compartments.” . . . The chief worries of life arise from the foolish habit of looking before and after.
A few months ago I stood on the bridge of a great liner, plowing the ocean at twenty-five knots. “She is alive in every plate,” said the captain, “a huge monster with brain and nerves, an immense stomach, a wonderful heart and lungs, and a splendid system of locomotion.” Just at that moment a signal sounded, and all over the ship the water-tight compartments were closed. “Our chief factor of safety,” said the Captain.
Now each one of you is a much more marvelous organisation than the great liner, and bound on a longer voyage. What I urge is that you so learn to control the machinery as to live with “day-tight compartments” as the most certain way to insure safety on the voyage. Get on the bridge, and see that at least the great bulkheads are in working order. Touch a button and hear at every level of your life, the iron doors shutting out the Past-the dead yesterdays. Touch another and shut off, with a mental curtain, the Future–the unborn tomorrows. Then you are safe, safe for today.
The load of tomorrow, added to that of yesterday, carried today makes the strongest falter . . . . Waste of energy, mental distress, nervous worries dog the steps of a man who is anxious about the future. Shut close, then, the great force and aft bulkheads, and prepare to cultivate the habit of a life in “day-tight compartments”!
I am simply giving you a philosophy of life that I have found helpful in my work. In this philosophy or way of life each of you may learn to drive the straight furrows, and so come to the true measure of a man.
Taken from Light from many Lamps by Lillian Eichler Watson.
Dual Economy in Newspapers.
With the term \’Dual Economy\’ we can guess that it may deals with the finance or marketing related aspects especially what the word economy signifies. Since we are from the generation of e-papers and refers various websites to get updates of every single minutes about our surroundings and abroad anywhere across the globe. Beyond this if we look at the habit of reading newspapers regularly then even now we can find every morning the traditional system with which a true reader starts his/her day i.e.the paper boy with the bunches of papers knocked down the door and it has a seperate base of happiness for the actual readers to see & collect the newspaper first from the garden or balcony.
Apart from these light nostalgic talkies about newspapers let\’s come to fact what dual economy implies when it comes to newspapers. Basically newspaper, nowadays is considered a parameter of public attitudes, a consideration of importance in accessing social change-
was only a source of communication in the earlier days. The pre-independent Indian papers use to impart the zeal of nationality and the message of those contemporary national leaders but after independence the newspaper organizations have been transformed into an industry and became a machinery for making profit.
When a newspaper have to invest a huge amount of money, they must have several plans to earn the revenue and get maximum return.
Newspapers earn revenue mainly in two ways-
1.From circulation- By selling the publication.
2.From advertisement- By selling the ad space in the publication. These two are the broad categories of revenue earnings for a newspaper.
In the business concerning part of ewspapers, the price charged from a paper is less than the cost of its production. This clearly signifies the fact that whatever the profit a newspaper industry earns, do not depend on the price at which it solds the paper; greater the number of copies sold, the more is the loss. To cover-up this loss sufficient advertisement must be gathered.
Thus, increase in the circulation will only increase a newspaper\’s dependence on advertisements. Hence every owner and editor has to understand strategies to make a good sell of newspapers and this is possible mainly with a good editorial page , which determines the popularity of a paper & depicts a good journalism. At the same time it is also very true indeed that without adequate advertisements, a newspaper cannot survive. So, a good balance has to be maintained between the circulations & advertisements as well to maintain the equilibrium of dual economy.
How to maintain a zero waste lifestyle
As we all know, the world we are living in, is getting polluted day by day with the use of non-bio degradable substances. Tons of plastic and other wastes have been found each day from people. It’s devastating to know that the nature is dying gradually and we humans play an inevitable role in molding the nature to this level. It is an unavoidable fact that nature may have started its own kind of revenge in the form of flood and pandemic diseases like Covid 19. It is high time to know our corruptions and rectify it.
There are myriads of ways in which each individual can bring a change to this world. Anybody who has a heart to save the nature can pitch in something from his/her side in order to make a stable and healthy environment. Yes, baby steps do matter. The main contribution one can give is nothing but leading a zero waste lifestyle. It is a lifestyle adopted by people where they try to minimize the amount of waste by reusing and recycle.Here are the small things one can start from their home itself in order to lead a zero waste lifestyle.
- Cloth bags: Try using cloth bags while going for shopping so that the usage of plastic bags can be reduced. Cloth bags are sometimes a little expensive but unlike plastic bags they last long. We can reuse it more often
- Wooden tooth brush: A good percentage of people are using plastic toothbrush when we have another option which is more effective. Wooden toothbrushes are really good for our teeth and it also lasts very long. It is a fact that these brushes are expensive than the normal ones but it is really worth buying.
- Steel bottles: This is another method to reduce the use of plastic items. Water stored in plastic bottles are not good for our health and may cause several diseases. Switching to steel bottles not only maintains a good health but also helps in leading a zero waste lifestyle.
- DIY’s: Always try to make use of the waste materials at home into something useful items. There are lot of Do-it-yourself activities that helps us to make decorative and other useful items from plastic jars and bottles. This will enhance our creativity as well.
Eduindex 
You must be logged in to post a comment.