Is competition is a crucial aspect

The competition is a crucial aspect in an economy. The government of India has been set up a commission known as competition commission of India which regulates competition in India. 

First of all what is meant by competition ?, As per Indian competition act 2002 competition means an activities carried out by the sellers to sustain its customers and to attract the customer of the rival is known as competition. A competition is very much important for the consumers, suppose lets assume that there is no competition in a market , there is only one seller in that market. Then he will not provide quality product. if he, Then he ll quote more price for the particular product. The consumers will be exploited.

so competition is an important aspect in an economy to protect the interest of the investor. The competition commission of India will encourage the competition and it will reduce the abuse of the dominant position.

Abuse of the dominant position means nothing but a huge profit earning company will acquire the rival company to acquire the customers of such rival company. So this kind of operation have adverse impact over the competition. It reduces the competition, Demand for the product of the particular company will be automatically increasing. so these kind of operations are regulated by competition commission of India. Before making any acquisition or merger any concern should make application to competition commission of India. The process can be progressed only if competition commission gives green signal for the process

Election polls

Its early morning, i was up at 6.00 AM and  got myself ready, dressed formal and kicked my bike. it might be 650 meters away from my house. i reached there and i saw a board which says ' no parking till 100 mts'. Then i turned my bike to park away. and walked a head to my booth. since i didn't got my voter id, i carried an acknowledgement form issued by election commission.

On stepping into the school i saw list of persons who holds the ticket for our area and their respective symbols. i was quandary to select the apt person, because the party which i was wishing to vote is not participating in our area but their allies is. i don't have good impression on their party head. The queue moved a head.

My father has been insisted me to vote for the party, i rebuffed it. i was looking forward to a change and i decided to welcome a change by any way! my mind said that the head of the party has no role to play in this, Being this is an M.P election. They verified my id and i made an authentication by my signature, a blue ink filled till my tip of the left hand fore finger. I moved forward towards the polling machine my finger played a hard role, i pressed a button for a change!.

Caution

If everything in writing is followed then probably we would be a developed country now. Do u know about environmental protection act ?. or else at least about what kind of environment we are living. Have you ever planted a single plant and took care of that in your life time ? Have you at least contemplated to throw a poly products in the environment then you should be rewarded.

What do environmental protection act says about sustainable development. Do u know India is fourth gifted country in the world which is blessed with natural resources. So natural resources in environmental protection act means an asset which cant be recreated by Mankind. A sustainable development can be interpreted by a typical sayings of my granny 'If you earn 10 rupees in a month, don't spend it in a single day'. So you should not eradicate the natural resources in a single phase you should utilize for a long time this is known as sustainable development as per environmental protection act.

There is a sayings in our family 'you should not sell your assets to eat'. its indeed that you should not sell your assets to eat, if you? then one day you will have nothing to eat. Natural resources are the assets of our country. what's the need to export them?. our country is blessed with abundant natural resources so why can't we utilise them for our development.

Goa's iron ore is the largest exporter, The supreme court, now allowed to resume its activities after 18 month with an condition. The condition is, it can make output upto 20 million tonnes! Is this a sustainable development ? If we exported these natural resources then what will we do for our future needs? we had seen that India re imports its product for high price to meet out its demand. This will happen to this case of natural resources.

Nokia is going to leave India soon !!!!

As we all know, Microsoft has acquired Nokia's Indian plant. The tax disputes of Nokia gonna end soon and Nokia is going to leave from India soon. Since now Microsoft didn't released its labor recruitment decisions in India, it leaved more than 8000 labor's future in Nokia's Chennai plant as a question mark.

Google smart contact lens

Its a beginning for Google, patent office in US released that Google is working on smart camera on lens which is capable of recording and capturing on what user is looking

The patent application also states that this Google smart contact lens can capture and record what user is looking and it can process the information and send it to peripheral devices. This may pave a way for modern tiny computer era 

Modi said that he ll not use nuclear Weapon first

Mr.Narendra Modi on Wednesday said that he ll not use any nuclear weapon first, it is necessary to be powerful -not to suppress anyone, but for our own protection

Bharathiya janatha party's prime ministerial candidate told " No first use was a great initiative of our former prime minister vajpayee. There was no compromise in that and it reflects our cultural inheritance too" on wednesday

Sinking ferry

Rescue boats and helicopters are scrambled to rescue 476 people from sinking ferry(name of the ship) in south Korean coast. The ferry with 476 persons which include 325 high school students was sailing to southern islands of Jeju. on Wednesday morning it began to lean one side the reports on distress call says, said ministry of security and public administration .

Voting constitutional rights

Well, how a leader should behave in public. Indian is still experiencing a kind of notorious politicians who dont even have a common sense to behave in public. its our duty to outcast this kind of persons out of our pristine motherland. so cast your vote for a person who s talented and have a capabilities to progress India. we have inherited our country from our fore fathers which is not same at their father's era. Because their leaders had active participation in country's progress. so now its our duty to cast our representative who ll participate to country's progress and not a

I )   Drunken who is blathering and fumbling in public

II )  A person who is making a emotional drama like getting slapped

III ) A person who is giving a false manifesto

IV ) A person who is looting public property

V )  A person who is offering free stuffs

its our constitutional rights to vote for our country so out vote our rights !!!

Check out the salay of the American president

Barack obama and michelle obama earned total revenue of "$481,098" in the year 2013. which includes royalty of "$104,000" he paid federal taxes of "$98,169" and donated to charities of "$60,000". his annual presidental salary is "$400,000"

Do u know why 2015 will be a warmest year for India since its existence ???

They have said that 2015 will be a warmest year for India since the earth have been existed. India will face a huge monsoon failure in 2015,And it ll have to face drought and scarcity. Don't believe in such a kind of rumors. we all know that Indian stock markets are very well performing for a while And sensex are at high of its history. This rumor has been originated in European countries to degrade Indian commodity market.

Banking services

Its a nationalised bank where i have my savings account. Today i've been there to deposit into my account. I entered the bank,well conditioned cool air made me an impressed welcome as i was from super sultry weather A bug teeth lady with an yellow bag in her hand followed me into the bank.

i appeared in front of a blue box and pressed a red button in front of it, it pushed off the white paper printed as' Token no :133' immediately i turned my focus to the display, the display shown about the current token number which has been called by counter'72'. Then i occupied a corner seat in the bank and made my observation in the bank.

That lady was wandering in to the bank. Then she has gone in front of the 3rd counter and asked ' ma'am i wanted to take a dd' 

A snappy dressed lady in the counter replied ' just pick up the token and fill the dd challan which is there in the challan counter mam' 

'if i know where is the challan counter and how to fill then why am asking to you bloody hell ??' the look of the lady said .she left the counter 

The lady found a rustic guy in the bank and asked him the details about 'how to take dd' that rustic guy assisted that lady to get dd

'when am entrant to the bank i was completed my 12 std, even i had a great obstacles to proceed the procedures of the bank' i thought

Then after a while a guy enter into the bank his cloths were well tailored branded stuffs. he tucked his green shirt into his black pant . he looked like a well educated business man he crossed the token box and just entered into the manager's room. The manager stood up and gave a warm welcome then i found that he also came to bank to make a dd for Rs2L. 

'he might be a reputed customer to the bank' i thought. the manager moved out of his cabin and asked a girl in the 4th counter to make a dd for him. the dd was ready in a couple of minute. then he left the bank

when he is leaving the bank i saw that bucked tooth lady was struggling with the dd challan

I dont know why the bankers are rebuffing these kind of customer. A survey says that the money deposited by these kind of customers are two times more than their reputed customers. if they are neglecting these kind of customers, if these customers moves to their rival banks for better service then the banks might face a great loss in their financial statement. But thank god there is no rival to provide better service !!!!!

           

              

                   

what do India needs ??

The main obstacle of India is we are giving importance to silly stuffs. for instance we are not aware of what takes place around us if a cricketer doesn't plays well in a particular match our aversion makes to

throw a stone to their house. but a representative of a public who acts idle in his 5 years of office but we are tempted to vote for them again what kind of world we are living through ??