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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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6 Factors responsible for the growth of slums in India

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A slum, commonly called Jhuggi-Jhopris in India, is residential area where the dwellings by reason of over-crowding, lack of ventilation, light and sanitary facilities, unhygienic conditions and other set of factors are detrimental to safety, health and morals. According to the estimates of Town and Country Planning Organization, about 21.2% of urban population lives in slums. This proportion is even higher in metropolitan cities like Kolkata, Mumbai, etc. First question which arises here is that how slums developed, what are the requirements for their development. There are varieties of factors which helps in the formation of slums.  Growth rate of population (Urbanization) First of all the growth rate of Indian population is very high and this growth rate is much higher in the urban areas because of the migration of large number of people from rural to urban. Due to the poverty, unemployment, lack of other amenities and more importantly to elevate their status, people migrate to
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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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