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.....👍✌

Friday, July 11, 2014

FIIs' and DIIs' Trading Activity 
Today, customary selling after Infosys Ltd's Quarterly Results is going on. Also, some people are booking profits before the weekend. Nifty is now at 7514 and Sensex at 25232. The markets are expected to recover, by the end of the day, as Mr.Arun Jaitley's budget--2014-15 was more or less satisfactory, with no big bang reforms. 

However, that does not mean that the NDA government would not continue with policy reforms--the announcements can come up at any time. Some sectors like Ferro-alloys, Steel, Shipping, Mining, etc, could shine in the coming days. 

Also, the Finance Minister announced to increase export duty on bauxite from 10% to 20%, which is ill conceived and will damage the domestic mining sector. According to RK Sharma, Secretary General, Federation of Indian Mineral Industries, or FIMI: “At present, most of the bauxite that is exported from India comes from Gujarat and Maharashtra. These are not required in India as these are refractory grade bauxite and are not used by the aluminium makers in the country,” he says. “Now, these bauxite reserves will lie around unused". The government should immediately roll back this decision, so that domestic interests are protected. 
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