Editor’s column

Dear Friends,

In-spite of so claimed tightening of securities against terrorism, the terrorist have always succeeded with their terror attacks claiming the lives of the innocent people. The serial bomb blasts in Hyderabad recently has made me think in perspective into the values of mankind and it has become imperative to put my feelings in writing through a compilation of some very apt quotes by eminent personalities.

Mahatma Gandhi who has been a pioneer to advocate non-violence has made some very pertinent statements as these which even in today’s day age are so very relevant

“The weak can never forgive. Forgiveness is the attribute of the strong”

“I believe that non-violence is infinitely superior to violence, forgiveness is manlier than punishment.”

“Freedom is not worth having if it does not connote freedom to err. It passes my comprehension how human beings, be they ever so experienced and able, can delight in depriving other human beings of that precious right”

Many other eminent personalities across the globe, who have advocated for peace and harmony in mankind have been heard quoting…..

“Nonviolence is absolute commitment to the way of love. Love is not emotional bash; it is not empty sentimentalism. It is the active outpouring of one’s whole being into the being of another.” –Martin Luther King, Jr., 1957

“Men have become tools of their tools.” – Henry David

“Maybe the greatest challenge now is to find a way to keep independence while also committing ourselves to the ties that bind people, families, and ultimately societies together”- Jane O Reilly

“A man is called selfish not for pursuing his own good, but for neglecting his neighbour’s”. – Richard Whately

“We cannot live only for ourselves. A thousand fibers connect us with our fellow men.” – Herman Melville

“We cannot always build the future for our youth, but we can build our youth for the future.” – Franklin Delano Roosevelt

I wish to convey my sincere and heartfelt condolences to all the members of the families who have lost their dear ones in the ruthless bomb blasts.

At the corporate front, issues relating to the MCA portal continue as a result of the change in the Vendors. While efforts are on to resolve the issues, a more pro-active and timely approach by the Ministry could have made the transition much smoother.

The budget for the fiscal 2013 -14 focuses on growth and on attracting more investments. Many proposals are development-inclusive and  has incentives for the Agricultural Sector, MSME Sector, Infrastructure and Capital Market. However, it has not impressed the middle class as the major issue of inflation has not been addressed.

While presenting the Budget,  the Finance Minister Chidambaram said that India will become USD 5 trillion economy and among top five in the world by 2025.  However, the high current account deficit (CAD) and the inflation in the food prices are a cause of worry. He has assured that the government will take all possible steps to augment supply side bottlenecks.

With the protection of women in light of the recent happenings in Delhi and across the nation, the Finance Ministry has also been pro-active in taking up the cause for women and their empowerment. Among many proposals the setting up of Nirbhaya Fund for the security and empowerment of women and setting up of India’s first Women’s Bank as a public sector bank with Rs 1,000 crore initial capital by October are noteworthy.

Despite the relatively modest tax mop-up, the Finance Minister has managed to present a budget that apparently hikes outlays on key areas like education, health and the social sector by significant amounts — and yet contains the fiscal deficit at 4.8% of GDP.

Let’s hope that the budget will help in creating a positive sentiment.

Thanks and regards,

CS Bhavani

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