Indo - US Nuclear Deal !

In relation to the Indo-US nuclear deal the two documents much in discussion arethe Hyde Act and the other is the US-India agreement on peaceful uses of nuclear energy under section 123 of the US atomic energy.
The 123 Agreement is so named because the US negotiates nuclear treaties with other countries under section 123 of the 1954 US Atomic Energy Act (USAEA). The agreement paves the way for lifting the international embargo on the export of civilian nuclear technology and fuel the US has led against India since it first exploded a nuclear device in 1974.
Ideally as per the US laws Nuclear/atomic energy co-operations could be initiated by US only with those countries which are already part of the Nuclear non-proliferation Treaty.To enable reaching such an agreement with India as India is not a part of the NPT , US Congress passed United -States India Peaceful Atomic Energy Cooperation Act., popularly knownas Hyde Act.It was passed by the US House of representatives on July 26,2006.
Probably the most controversial point of the INDO -US deal is Point 2.1 of the Indo Nuclear agreement states that "Each party shall implement this agreement this agreement in accordance with its respective applicable treaties,national laws, regulations and license requirements concerning theuse of nuclear energy for peaceful purposes." Its this statment which brings the Hyde Act into picture and this were the goverment and the communist party come head on!
Although the Indian goverment has justified the nuclear agreement with the US from the stand point of meeting India's increasing energy needs and reducing its dependence onoil and natural gas imports.But according to Indian goverment's own projections,even if it sucessful in carrying out its plans to rapidly expand India's nuclear energy capactiy with foreign assistance,nuclear energy will only supply about 5 percent of India's energy needs in 2025.Rather than India's energy needs, it is predatory geopolitical ambitionsof US imperialism and big power ambitions of the India ruling elite that are motivating the Indo-US nuclear deal.Its inevitable result would be to further geopolitically destabilize South Asia and Asia as a whole.
The deal is unclear about permanent fuel supplies, has a broad termination clause and imposes curbs on India's right to conduct nuclear tests. The key provisions of the agreement do not protect India from a tougher American law that mandates stringent penalties should India conduct another nuclear test. The Hyde Act, passed in December last year, provides thatUS President will have discretionary powers to terminate the civil nuclear cooperation if India conducts a nuclear test.The agreement that is derived from the Hyde Act also puts India in the back seat.

This reminds me of my wonderful college days n there was no decorum in my life, but there were lots of joyous moments .I never really got a jist of Onam celebrations till i celebrated one in the God's Own Country.The milieu out there is so wonderful that it just won't go unnoticed.Inspite of the fact that people in kerala are so relagated still this is one such festival which changes the mood and brings them closer.

I shall never forget those beautiful pookalams,which my grand ma, inspite of her old age ,used to put across religiously each day ,i used to watch it while sipping a hot cuppa.Infact i got so inspired from her dedication at that age that i started helping her out in this daily chore of hers.

While I was in Kerala a Pookalam was a dime-a-dozen event , now that i am not in kerala i miss those .

I still miss those bonhomie people who during Onam made Pookalams, prepare ona-sadya , the delicious payasam. :-)

Though times have changed much but still i sincerely hope that this festivity and celebration mood be there till perpetuity.

Happy Onam to one and all !

The person who gave up a 5 Star Job to feed the hungry!

I came across this new article on IBNLive , which mentioned about one Mr.Krishnan.



Krishnan used to work as an Chef at an 5 star hotel , but one day he saw a poor guy who almost ate his waste out of hunger.He immedietly went to a near by restaurant and bought some idli's for him.

Going forward Krishnan formed an NGO called Akshaya , he formed a team of cooks and started helping them with food .Most of the people who are fed by him are mentally challenged



To me it sounds more like a fairy tale , can't beleive that there could be people who might actually give up their luxurious life and do so much for a social cause.



Krishnan looks for contributions and help from people who are willing to donate. His area of work is Madurai.



So just incase u feel that u can as well play ur part then he can be reached at



Krishnan can be contacted at 0452-4353439, 9843319933

My GMAT ..Its Done Finally !

I guess i am a lot relieved today .... after a supposedly rigorous preparation which spanned for over 3 months , finally i gave my GMAT on the 2nd of August.
Believe me although this was my second attempt , but i was as nervous as i was during mine first try :-(
Guess i have a bit of exam-o-phobia hehaa ;-)
Well for me anything above 700 would have made me happy , though like anybody else the higher the score the more happy i would have been.
I scored an 710 the break-up being 49 in Quant and 38 in verbal .Well in none of my GMAT prep i had scored more than 35 in Verbal .So i was glad to see that i had performed better , as for maths i was looking for an 50 as i was more less scoring a 50 in quite a few of my mocks .
The verbal was far far simpler then what i had anticipated ,i guess i made more of mistakes in CR and probably RC , because the SC questions were quite simple , thanks to Prachi Praeekh's yahoo group , Scoretop and Scorechase , who helped me a lot in improving my sentence correction tremendously .The immense way in which these forums helped me can be understood from the fact that in my first attempt i had scored an meagre 28 in verbal and this time around i scored 38.
Though this score might not bring a smile to everybody's face, but for me i am satisfied .Now i need to concentrate on the my application.

People wish me Luck !

Kingfisher & Air-Deccan Closer to Ceiling a Deal !

This news has been doing rounds for some time , though Captain Gopinath Plainly rejected that there is no deal in offering to Kingfisher , but the newspapes does make us believe otherwise .

Though i would say a stratergic merger between the two would be an good thing to happen for either of them! Mainly because although they are there in the same industry but the market segment they target are different. And that makes sure that they don't eat upon each others customer base in the aviation industry ..

It would be good Air deccan from the perspective that it would help them cut even their losses , they supposedly recorded a loss in the last quarter , and that makes them vunerable for such an venture .As for Vijay Mallaya the king of mergers and acquisitions this would make him the largest market share holder in India.So , i would say it could be a win win situtation.

But yes the sad thing could be if Air Deccan sheds its so called low cost flights. As its only because of air deccan that lots of people who used to earlier travel by trains , now think twice as to whether they should book a flight ticket and save some time !And i was pretty impressed to read about the business model/plan that Air deccan followed to cut its cost , though it didn't help them cut even their losses , but as Captain Gopinath said it takes time for plans to succeed .

IT Cos Shiftng from People Centric Model

Today morning i read an article in the ET . As an IT professional myself it wasn't an great news to read . It mentioned about the plans of the various IT cos to change the linear relationship which they have between no. of employees and revenues . So the companies intend to increase their revenues per employee. Basically to an Software engineer like me all it means is that my managers will get the hell out of me ;-) ..
Jokes apart ,from an industry perspective i was really glad that the IT companies are thinking in this direction , such an thought process will go a long way in improving our work culture . In India like Narayan Murthy had mentioned in one of his speech long time back, there is ample talent but the talent needs to be nurtured and trained to bring them to the industry standards and that basically means huge training costs as reflected in Infosys's Training budget !
The increasing salaries and talent crunch are few of the major factors which have made the IT cos to think in the direction of de-linking profits and employee numbers .
I find this concept really interesting and challenging , as in a service oriented economy like that of ours (India's) how can we do away with the human power and still make huge profits ..
I am looking forward to read more on this , as in near future this is an concept which all most all the IT companies in India will have to implement as otherwise it would be really difficult for them to bear the rising salaries of their employees.
One way to achieve this goal would ofcourse be by automtaing the various processes involved and implementing end-to-end workflows, so that the manpower needed for a particular activity gets reduced considerably . The article mentions an initiative by Zensar in this direction they call it as "Solution BluePrint" (SBP is a collection of work flows, design models and protocols that automates software engineering process).