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Showing posts from November, 2012

Kejriwal accuses HSBC for running hawala transcation

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On friday, Arvind Kejriwal in one of his another expose, alleged that HSBC is running hawala racket inside the country: politicians and corporates are using hawala for stashing away their money in HSBC accounts outside the country. IAC in its daring expose disclosed the names of 10 persons out of the list of 700, which was shared by the french government in a CD with the Indian government, last year, including the Ambanis, Congress MP Anu Tondon, jet Airways Chief Naresh Goyal and the Burman brothers of Dabur Group. Charging the Monmohan Singh government IAC said: " It is biggest threat to the economic sovereignty of the country". In its most serious allegation yet IAC charged HSBC bank in India with involvement in hawala transaction, as revealed by the statements of three account holders who were raided last year. " You dont even have to go to Dubai or Geneva (Switzerland) to open a Swiss account to deposit your unaccounted money. HSBC Bank is openly and brazenl
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Harmful impacts of slums on society and people living in it

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The rapid urbanization in conjugation with  industrialization has resulted in the growth of slums . As we have discussed in previous post that how the shortage of land for housing, the high prices of land beyond the reach of urban poor and a large influx of rural migrants to the cities fuelling the development of slums. These slums give rise to many problems in the urban areas. The major problems of slums in India are as follows:- Shortage of space: About 77.6% of the urban dwellers in Mumbai reside in one room and lakhs of them sleeps on the footpath. About 62% of the households of the metropolis reside in these slums. This give rise to the problem of shortage of space. Prone to natural and man- made hazards : As in slums, houses are crammed in a little space, they are often prone to dangerous hazards like floods, water logging, fire etc. Extent of hazard is increased because of high population density. The slum areas of Delhi specially Yamuna-Pushta are affected by flood-wate
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The Middle and the Great Himalayas

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In the previous post we discussed the physical features of Shiwalik Himalayas and found out that how Shiwaliks created the beautiful Dun valleys. This post will discuss about the geography of other two ranges of The Himalayas- The Middle or Lesser Himalaya and The Great Himalaya which are the other two division of The Himalayan Ranges.
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10 challenges faced by agriculture in India

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Indian agriculture is developing day by day, despite of its decline in country's GDP share, the advancement and development in agriculture sector could not be ignored. But with this improvement, Indian agriculture is also facing varieties of problems, some of which are natural while others are man made. Some of these problems are discussed below:- Small and fragmented land holdings The abundance of net sown area in India is divided into economically non-viable small and scattered land holdings. Our traditional inheritance laws are wholly responsible for the division of agricultural area into small fragment. The land belongs to father is equally distributed among his sons, and this process goes on like this. The distribution of land is not a consolidate one, but its nature is fragmented. Different holdings will have different features like its fertility, composition, texture and many other factors which determine the production of crop in that particular area. If there are
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