Nithyam -"Timeless"

Wednesday, February 15, 2017

10 Great Facts About ISRO

10 Great Facts About ISRO: ISRO has created a new record by launching 104 satellite with PSLV-C37. Check the 10 Great Facts About ISRO's Record Satellite Launch.

Thursday, December 1, 2016

size matters? Fantasy of Living in the Jupiter........

Where are we in this Universe? Just but a tiny speck. On this earth, people fight each other for space .
Space for living, space for communication, space for each ones expressions, space for freedom , space to materialistic comforts and luxury, space to make money.
People revolt if this space if restricted in any way. This perhaps is one of the most important reasons for the various conflicts. Some of the powerful impose their thoughts and way on others. The weak , the subjects are easy prey.

It is now being ascertained that there were forms of living in Mars. Imagine the conflicts that one would have faced in Mars.

Compare this

Mars is about one half the Earth Diameter. Despite this the dry land surface areas are same for Earth and Mars. Which means there was lesser areas in Mars covered by Oceans.

Alternately, if Earth had the same area of Mars as oceans , there would have been more surface land area, so more space for living. But there would have been more fights for food , (fishing activity would have been a premium business)

Scientists have predicted that over several million years later, the earth will get too hot to live due to Suns aging process. Thus rendering Earth an Uninhabitable place.

So this brings us to the fantasy , How about living in Jupiter
There is a strong possibility In the quest for living, man may enter Jupiter .

Here is the comparison between Earth and Jupiter

It is estimated that Jupiter is about 11.21 times bigger in diameter than earth. That is huge. There will so much of Land Surface area and sea area, that will permanently stop all fights for food, space for living etc,

As an African Proverb says

"Peace is costly but it is worth the expense"

Tuesday, November 29, 2016

Demonitization,

Its impact on GDP Growth, Corruption, Terrorism

From the midnight of November 8, 2016 , India banned its Rupee notes value of Rs.500 and Rs. 1000. The value of these notes in circulation at that point of time was substantial.

By this one measure, India aims to control corruption, (by getting rid of Black or un accounted money) , tackle terrorism ( terrorists / enemy countries use fake notes to fund terrorist activities). and speed up the process of converting the economy to a cash less economy

Let us take each one the above separately and discuss them very briefly:

1. India aims to control corruption, (by getting rid of Black or un accounted money) :

a. It is estimated that only about 1 per cent of the population of India pay income taxes . Most of them are those who pay are whose tax is deducted at source (TDS) and remitted to Tax Authorities by the Tax deductor. So here, most of the persons paying tax operate their income and earnings and expenditure through Bank accounts

b. The second part relates to them who do not pay or pay less taxes: It is estimated that a substantial part of Income earners do not remit tax at all or remit very less tax . This is so because they a. Do not show their full income and earning through bank b. they overestimate their expenses , by creating false vouchers and expense bills. B. Many collect their income earnings in cash only. This results in a parallel economy where most of these people hoard cash substantially and store them in lockers, or buy jewels or transfer it to a account abroad or a combination of all these . This results in black money. Generally, it is believed that infra projects and real estate do contribute a good sum towards the black money stream.

c. By this process of Demonetization, those who had stored money is Rs 500 and Rs 1000 in lockers in huge numbers feel the heat . This money becomes illegal unless it is disclosed and tax paid (now proposed @50%, and balance to kept in bank account, with a lock in period of 4 years) .

d. Those who risk disclosure and take chances, and are caught , could end up paying taxes of 85% and penalty .(now proposed)

e. So there is still time for the parallel money to come into the mainstream.

2. tackle terrorism ( terrorists / enemy countries use fake notes to fund terrorist activities

a. This is an Important measure aimed to be achieved through this process of demonetization.

b. It is well known that enemy / terrorists use fake currency to fund their activities and also create economic chaos .

c. By withdrawing the notes , the source of funding is choked .

d. This choking helps in tackling terrorism.

3. Does this demonetization aid Growth: To put it straight …. Yes. It does. In the short term, there could be difficulties , since the economy moves towards cashless economy from cash economy. (it was estimated that aboutn 75% of Indian economic activities was being done in cash). So, this digitization will usher in an clean economic growth, free from parallel economy (black money economy) .

4. Are these the only measures that is being taken : It is expected that some further measures are to follow to render India a cashless economy.

Press Release Link:http://finmin.nic.in/press_room/2016/press_cancellation_high_denomination_notes.pdf

( disclaimer note: This is a review and is not a legal advise. Please check authenticity of figures and data and seek appropriate advise from your legal teams

Wednesday, September 21, 2016

Technical details on F!

Just saw this excellent post on F1 racing. You may find this interesting
Click on this link
https://pole-positionf1.blogspot.in/2016/09/5-things-you-should-not-tell-f1-fan.html?m=1