Presidential Elections: Support Dr.Meira Kumar
Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.
Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.
Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.
Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.
Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.
All the best to Dr.Meira Kumar.....👍✌
Tuesday, April 16, 2013
UCO Bank Ltd: Riding on the Rate Cut Story
After the moderate rise in February, the Wholesale price index (WPI) inflation fell to 5.96% in March 2013. This is the lowest recorded figure in 40 months. After declining for four months straight, the WPI inflation had risen from 6.62% in January 2013 to 6.84% in February 2013, according to the data released by the Central Statistical Organisation (CSO), the Ministry of statistics and program implementation.
This fall in the inflation numbers is expected to give legs to the stocks in the Banking and Construction Sectors. The RBI could go in for a 25 bps cut in the interest rate and at the same might think of cutting the CRR to boost the liquidity in the system. I am not sure about the real estate sector, as there is a huge inventory built up and at the same time, the cost of the apartments have shot up beyond the reach of the common man in most of the metro cities. The UCO Bank Ltd will slowly drift towards Rs.71-72 in the coming days.