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[email protected] Today's topics: * Are you willing to spare 5 minutes a day for the poor - 1 messages, 1 author http://groups.google.com/group/BM_discussion/browse_thread/thread/4a3c05e86f143826?hl=en * Food for thought.../ Call for Action - 1 messages, 1 author http://groups.google.com/group/BM_discussion/browse_thread/thread/5fb4e66ac6c240c4?hl=en * 2nd Oct'07: Candle light vigil in support of Indian farmers - 1 messages, 1 author http://groups.google.com/group/BM_discussion/browse_thread/thread/3ded4f73402f6634?hl=en * Janadesh 2007: ICYO call for youth support to tribal people's Right of Livelihood. - 1 messages, 1 author http://groups.google.com/group/BM_discussion/browse_thread/thread/b0b4fb111e495227?hl=en * Increasing Rupee compared to USDollar - 1 messages, 1 author http://groups.google.com/group/BM_discussion/browse_thread/thread/e7aff4751fe9a2ae?hl=en ============================================================================== TOPIC: Are you willing to spare 5 minutes a day for the poor http://groups.google.com/group/BM_discussion/browse_thread/thread/4a3c05e86f143826?hl=en ============================================================================== == 1 of 1 == Date: Thurs, Sep 27 2007 5:38 am From: "[EMAIL PROTECTED]" Welcome to 5 Minutes for Poor Are you willing to spare 5 minutes a day for the poor. If so, you can help hundreds of poor/orphan children with food, clothing & education. Most of us have good education and enjoy good food every day. But there are millions of children who are deprived of both good food and education. Join our efforts to provide these children with food, clothing and education. Join our yahoo group: http://groups.yahoo.com/group/5minutesforpoor Join our google groups: http://groups.google.com/group/5minutesforpoor Visit our Blog: http://5minutesforpoor.blogspot.com Visit our Web site: http://5minutesforpoor.indhp.net We are all blessed with great parents. But there are many old aged people thrown out to the streets and old aged homes. We will help the most well managed old age homes which is in need of funds. We will also be giving food to these old age homes on festival days. We all celebrate our festivals like Christmas, Ramzan, Deepavali etc with lavish dinners and sweets. Let us help the old aged also to celebrate the festivals. There are millions of lives lost due to not access to cheap medical facilities and medicines. Some of the life saving medicines cost a fortune for most of the poor. We will help those poor people who cannot afford to buy medicines. There is no religion, caste or creed for poverty and hunger. Join our group and know how you can without making any donation, by just spending Five minutes on your computer help hundreds of poor people & children. Join our yahoo group: http://groups.yahoo.com/group/5minutesforpoor Join our google groups: http://groups.google.com/group/5minutesforpoor Visit our Blog: http://5minutesforpoor.blogspot.com Visit our Web site: http://5minutesforpoor.indhp.net Thank you Coordinator ============================================================================== TOPIC: Food for thought.../ Call for Action http://groups.google.com/group/BM_discussion/browse_thread/thread/5fb4e66ac6c240c4?hl=en ============================================================================== == 1 of 1 == Date: Thurs, Sep 27 2007 10:28 am From: "Shoubhik Purkayastha" Hello Shantanu Appreciate your understanding.... You, Shantanu, are among the few people I have seen who are beginning to "get it"...that we, the People are not to blame, but the System of Governance we have inherited is the cause of all our miseries and ills, of our suffering masses. As far as comments on the insightful views of Sanjeev are concerned, you must have already read my previous email to Kamal of BM: Such proposed (electoral to constitutional) reforms are simply NOT going to work in the current SYSTEM. As much I respect Sanjeev's understanding of the "upper end" of system fallacies, the lower end is seemingly awash with critique of the inability of erstwhile leaders. Remember one thing, both of you: -->> ABSOLUTE POWER CORRUPTS....ABSOLUTELY - without exception. -->> As good as you think you may be, you shall be actually incapable of doing ANY good in the current SYSTEM. Dr Manmohan Singh is a very good example, who, acknowledged as being among the world's best economists, and a man of integrity, could Not do anything of worth - an understatement. Validation? We have gone from Inflation to Hyper-inflation in less than a blink of an eyelid (if you look at the history span of the paper-currency system). To emphasize this point, I repeat my earlier analogy: Throwing a bowl of sugar into the ocean, doesn't make it any sweeter....does it? Think what happens to the sugar... Does Sanjeev think there is something in the proposed "reforms" that has not been proposed earlier by all our "thinkers" in the bureaucracy, the judiciary and the legislature? He is free to think so, its just that its NOT going to work unless we CHANGE the SYSTEM entirely. What's to be deployed once we do that? For starters, simply hop on to www.ShapingIndia.org and get the book "Crusade India" for FREE. Lets DO it together, Shantanu. All the Best....and JAI HIND. Towards a new dawn, Shoubhik Ambassador, Crusade India www.ShapingIndia.org http://profiles.TakingITGlobal.org/shoubhik Mobile : +91-9810729433 ----------------------------------------------------------- On 9/23/07, B Shantanu <[EMAIL PROTECTED]> wrote: > > Dear Fellow concerned citizens: > > Read this article and please share your thoughts and comments...The > problem we have is one of systemic failure and the solution lies in > fundamental change and re-thinking. It is now too late for incremental > solutions. > Jai Hind, Jai Bharat. > > Politics and Corruption: Here's how to "fix the system" > http://satyameva-jayate.org/2007/09/14/fixing-the-system/ > > _ > > > __,_._,__ > ============================================================================== TOPIC: 2nd Oct'07: Candle light vigil in support of Indian farmers http://groups.google.com/group/BM_discussion/browse_thread/thread/3ded4f73402f6634?hl=en ============================================================================== == 1 of 1 == Date: Fri, Sep 28 2007 2:41 am From: "Abhijit K" Hi All, A protest march and candle light vigil are organized by various organizations in Pune on 2nd October 2007. This is to highlight the agrarian crisis that has affected millions of farmers in our country due to government policies. Please spread the word among your contacts in Pune and attend the protest ! Details in the attached documents :). Please feel free to distribute them. - abhijit The Association for India's Development (AID) is a student run *Program Details* *Assembly:* In front of Agriculture College gate below the new FC Road Flyover *Route:* March through the Fergusson College road till Garware Chowk, Turn on Jangli Maharaj Road and march on till Balgandharva Signal and end the march in front of the Sambhaji Park *Finish: * Sambhaji Park main gate. Candle Light Vigil in front of the Sambhaji Park. *Date:* 2nd October 2007 *Time:* 5 PM to 8 PM *Participating organizations* - Association for India's Development (AID) *www.aidindia.org/* - Bharat Uday Mission (BHUMI) *www.bharatudaymission.org* - Lokayat - Maitri *http://maitripune.org/* *Contact* Rishi Ghare [EMAIL PROTECTED] +91-9890995297 Rishikesh Y [EMAIL PROTECTED] +91- 9423507864 ============================================================================== TOPIC: Janadesh 2007: ICYO call for youth support to tribal people's Right of Livelihood. http://groups.google.com/group/BM_discussion/browse_thread/thread/b0b4fb111e495227?hl=en ============================================================================== == 1 of 1 == Date: Fri, Sep 28 2007 11:05 am From: "Shoubhik Purkayastha" Reminder.....Gwalior Chapter can take charge now. On 8/25/07, Shoubhik Purkayastha <[EMAIL PROTECTED]> wrote: > > Hello to All @BM > > Looking to support the initiative? > > Love and Peace, > Shoubhik > > P.S. : Saurabh/ Gaurav: Since this begins in Gwalior...please inform your > chapter as well. > > P.P.S. : I was told by Info Team that Abhijit of Pune has the > letterhead... > > ---------- Forwarded message ---------- > From: ICYOIndia <[EMAIL PROTECTED]> > Date: Aug 22, 2007 1:54 PM > > Message for Indian Civil Society /Youth NGOs: > > > *Youth Network Organizations Initiative for JANADESH* > > > *Call for Unified Action: To Demonstrate Commitment* > > TOWARDS NON-VIOLENCE AND PEACE INITIATIVES FOR RIGHT OF LIVELIHOOD > > (by tribal and deprived people) > > Dear colleagues, > > > > Greetings, > > > > On the International Day for non-violence on 2nd October 2007 the world > will witness this historic event. Noted Gandhian and Sarvoday leader and > ICYO Chairman, Dr.S.N.Subbarao, Mr.P.V.Rajgopal, Founder of Ekta Parishad, > Dr Ran Singh Parmar, Convener of Janadesh and Treasurer of ICYO, have > taken lead in mobilizing marginalized communities.25000 marginalized > people including tribals, dalits and other people will undertake foot march > (Pad Yatra) Satyagraha known as Janadesh 2007 from Gwalior to Delhi from > October 2, 2007 to press for demand for livelihood right and right on land. > Other nationals and international organizations are supporting from outside. > > > > > Janadesh success depends on how much pressure we can build up on the > Government so that it is compelled to listen. We, the civil society > organizations have to show the solidarity and support to these marching > satyagrahi. We need to raise their voice at same time at our constituencies > of working. > > > > We would like that network organizations and civil societies efforts are > consolidated into unified action. On this October 2, the world is observing > International Day for Non-violence first time. Janadesh gives us an > opportunity to demonstrate our commitment by supporting Janadesh. > > > > We should think fast and act fast. Small decisive actions can help to > mobilize the public opinion in the favour of these marginalized communities > and show the solidarity with them. > > - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - > *Recommended Actions:- * > > Ø One way of doing is spreading the message of Janadesh among people > in our own language. > > Ø Send your organization support on your Letter Head to us in writing > to Delhi or Gwalior office > > Ø Participate in the post card campaign by writing simple one or two > sentences in your language in support of Janadesh to the Prime Minister of > India. > > Ø Showing national solidarity on Oct 2, 2007 with marginalized > community, who for the first time in post independence have raised their > voice and undertaking foot march. > > This can be done by lending our support for this non-violence action of > Janadesh from our respective places. This can be in the form of rallies, > Dharna and such other things. > > - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - > > > > Is it possible to organize district level programmes on 2nd October 2007? > The programme can take any shape in the form of Rally, Dharna, meeting, > press conference etc. We all can you use our own networks, groups or our > respective organization / institutional banners. We need to tell Government > that there are twenty five thousand adivasi walking towards Delhi for their > livelihood and 2500 organizations are supporting this non-violent movement. > Government should take decisive action so that poor people can get means of > livelihood to life with dignity. (for more information write to Mr. Vijay > Bharatiya at email [EMAIL PROTECTED]) > > > > > > ICYO appeal all youth organizations, youth groups and civil society > organizations in India to support the Janadesh by organizing event on 2nd > October 2007. > > > > Please plan the event and let us know about your action plan. We shall > help you to get the publicity and recognition. > > > > Looking forward to hear from you all. > > > > With Warm Regards > > Ravi narayan > > (Ravi Narayan) > > Secretary General, > > India Committee of Youth Organizations (ICYO) > > 194-A, Arjun Nagar, Safdarjang Enclave > > New Delhi 110029, India. > > Phone 91 9811729093 / 91 11 26183978 Fax 91 11 26198423 > > E-mail : [EMAIL PROTECTED] / janadesh2007@ yahoo.com > > __._,_.___ Messages in this topic > <http://in.groups.yahoo.com/group/YouthInformation/message/228;_ylc=X3oDMTMzbmN1OXBlBF9TAzk3NDkwNDgxBGdycElkAzExMTIyNTY4BGdycHNwSWQDMTcyMDEzNjM4MgRtc2dJZAMyMjgEc2VjA2Z0cgRzbGsDdnRwYwRzdGltZQMxMTg3NzcxNDcxBHRwY0lkAzIyOA-->( > 1) Reply (via web post) > <http://in.groups.yahoo.com/group/YouthInformation/post;_ylc=X3oDMTJwaHNnODV1BF9TAzk3NDkwNDgxBGdycElkAzExMTIyNTY4BGdycHNwSWQDMTcyMDEzNjM4MgRtc2dJZAMyMjgEc2VjA2Z0cgRzbGsDcnBseQRzdGltZQMxMTg3NzcxNDcx?act=reply&messageNum=228>| > Start > a new topic > <http://in.groups.yahoo.com/group/YouthInformation/post;_ylc=X3oDMTJmZGsyc2VkBF9TAzk3NDkwNDgxBGdycElkAzExMTIyNTY4BGdycHNwSWQDMTcyMDEzNjM4MgRzZWMDZnRyBHNsawNudHBjBHN0aW1lAzExODc3NzE0NzE-> > > Messages<http://in.groups.yahoo.com/group/YouthInformation/messages;_ylc=X3oDMTJma3BiaG1nBF9TAzk3NDkwNDgxBGdycElkAzExMTIyNTY4BGdycHNwSWQDMTcyMDEzNjM4MgRzZWMDZnRyBHNsawNtc2dzBHN0aW1lAzExODc3NzE0NzE-> > Our aim is to enhance and demostrate youth work in the society. > > Our objective is to inprove and extend the services to young people > through Youth Organizations. > > Our altmate goal is to devleop national and south asian network of youth > civil society orgs those working towards the development of youth work > [image: Yahoo! > Groups]<http://in.groups.yahoo.com/;_ylc=X3oDMTJldmFxbG1uBF9TAzk3NDkwNDc5BGdycElkAzExMTIyNTY4BGdycHNwSWQDMTcyMDEzNjM4MgRzZWMDZnRyBHNsawNnZnAEc3RpbWUDMTE4Nzc3MTQ3MQ--> > Change settings via the > Web<http://in.groups.yahoo.com/group/YouthInformation/join;_ylc=X3oDMTJnbnBkbXZlBF9TAzk3NDkwNDc5BGdycElkAzExMTIyNTY4BGdycHNwSWQDMTcyMDEzNjM4MgRzZWMDZnRyBHNsawNzdG5ncwRzdGltZQMxMTg3NzcxNDcx>(Yahoo! > ID required) > Change settings via email: Switch delivery to Daily Digest > <[EMAIL PROTECTED]:+Digest>| Switch > format to Traditional<[EMAIL PROTECTED]:+Traditional> > Visit Your Group > <http://in.groups.yahoo.com/group/YouthInformation;_ylc=X3oDMTJlMmUxYWw5BF9TAzk3NDkwNDc5BGdycElkAzExMTIyNTY4BGdycHNwSWQDMTcyMDEzNjM4MgRzZWMDZnRyBHNsawNocGYEc3RpbWUDMTE4Nzc3MTQ3MQ-->| > Yahoo! > Groups Terms of Use <http://in.docs.yahoo.com/info/terms/> | Unsubscribe > <[EMAIL PROTECTED]> > Recent Activity > > - 6 > New > Members<http://in.groups.yahoo.com/group/YouthInformation/members;_ylc=X3oDMTJnbjZvc2k1BF9TAzk3NDkwNDgxBGdycElkAzExMTIyNTY4BGdycHNwSWQDMTcyMDEzNjM4MgRzZWMDdnRsBHNsawN2bWJycwRzdGltZQMxMTg3NzcxNDcx> > > Visit Your Group > <http://in.groups.yahoo.com/group/YouthInformation;_ylc=X3oDMTJmZWJyN2ZoBF9TAzk3NDkwNDgxBGdycElkAzExMTIyNTY4BGdycHNwSWQDMTcyMDEzNjM4MgRzZWMDdnRsBHNsawN2Z2hwBHN0aW1lAzExODc3NzE0NzE-> > Y! Answers > > Ask, Answer, > Find<http://in.ard.yahoo.com/SIG=12g9aidhd/M=231586.9556782.10282706.9179762/D=inclubs/S=1720136382:NC/Y=IN/EXP=1187778671/A=4096937/R=0/SIG=10t5umsus/*http://in.answers.yahoo.com> > > A new way to get & > > share information. > Yahoo! Groups > > Start a > group<http://in.ard.yahoo.com/SIG=12gngait8/M=231586.9484185.10212653.9179762/D=inclubs/S=1720136382:NC/Y=IN/EXP=1187778671/A=4026936/R=0/SIG=1128m1lvs/*http://in.groups.yahoo.com/start> > > in 3 easy steps. > > Connect with others. > Yahoo! Groups > > Start a > group<http://in.groups.yahoo.com/start;_ylc=X3oDMTJwcDcyMHI4BF9TAzk3NDkwNDgxBF9wAzMEZ3JwSWQDMTExMjI1NjgEZ3Jwc3BJZAMxNzIwMTM2MzgyBHNlYwNuY21vZARzbGsDZ3JvdXBzMgRzdGltZQMxMTg3NzcxNDcx> > > in 3 easy steps. > > Connect with others. > . > > __,_._,___ > > > -- > Yours for Greatness, > Shoubhik Purkayastha > > Ambassador, Crusade India > www.ShapingIndia.org > > http://profiles.TakingITGlobal.org/shoubhik > Mobile : +91-9810729433 -- Yours for Greatness, Shoubhik Purkayastha Ambassador, Crusade India www.ShapingIndia.org http://profiles.TakingITGlobal.org/shoubhik Mobile : +91-9810729433 ============================================================================== TOPIC: Increasing Rupee compared to USDollar http://groups.google.com/group/BM_discussion/browse_thread/thread/e7aff4751fe9a2ae?hl=en ============================================================================== == 1 of 1 == Date: Fri, Sep 28 2007 12:29 pm From: Bharatudaymission Note: This article has been published elsewhere on the web. Government of India is proceeding step-by-step toward making the rupee fully convertible into foreign currencies. That would make it possible for Indian citizens to buy dollars for capital investment in the New York Stock Exchange. Presently it is possible to buy dollars only for current transactions such as education, business travel and purchase of magazines etc. We have foreign exchange reserves of more than 100 billion dollars and it is increasing everyday. Making the rupee convertible would bring forth demand for these dollars from private investors and take away the pressure from the Reserve Bank to buy the dollars endlessly. But we must take a look at the long-term consequences of this policy. There are three ways in which the dollars brought by foreign investors can be used. One, the rupee can be made convertible so that our citizens can purchase them for outward capital flows from India. The East Asian countries adopted this policy in the nineties. They got into crisis because of this policy. Their citizens too had started sending their savings abroad when foreign investors began to withdraw their money. That had led to a run on their currencies and a steep devaluation of the same. The second solution is that the Reserve Bank continues to buy the dollars and accumulate foreign exchange reserves. This policy has been adopted by China. This policy is also harmful because we would be buying dollars the value of which is certain to fall tomorrow if not today. We would have to incur heavy losses, as the value of our forex reserves will decline along with that of the dollar. The third solution is to allow the price of rupee to increase. That would lead to less inflow of dollars. The problem here is that a strong rupee would adversely affect our exports. The choice then is between three potential problems: (1) due to outflow of our money; (2) due to decline in the value of our forex reserves; and (3) due to problems for our exporters. The three choices can be best examined in the light of East Asian and Chinese experience. The manufacturing activity of products like cars, textiles and toys shifted to the Asian Tigers, as they were then called, in a big way in the nineties. American companies like General Motors were closing down their plants in the US and establishing new ones in Thailand. This was leading to a huge inflow of dollars into East Asia just as there is a huge inflow in India today due to the shifting of services known as 'outsourcing'. Those countries had large forex reserves and were confident of their ability to handle foreign capital flows just as our Government is today. Those countries had made their currencies convertible just as our government is planning to do now. The situation of those countries changed dramatically in 1997. The demand for their textiles, cars and toys in the industrial countries ebbed a little. That led to a reduction in the inflow of dollars into those countries. The foreign investors became bearish and started withdrawing their money. The citizens of those countries followed the footsteps of the foreign investors. Soon the large forex reserves disappeared and their currencies faced a steep devaluation. These Asian tigers have still not recovered from that crisis even after six years. This shows the dangers of making the rupee convertible on the basis of large forex reserves. The experience of Latin American countries like Argentina also points out to this danger. That country had made its currency convertible. But the perception of foreign investors changed and ultimately it had to suspend convertibility. Our 'huge' forex reserves can similarly disappear in a short time if the rupee is made convertible. China has followed the second policy. She has not made the Yuan renminbi convertible. Chinese citizens do not have the right to buy dollars for making investment in the New York Stock Exchange. Manufacturing activity is increasing in China today in the same manner that it did in East Asian countries in the nineties. This is leading to huge amount of foreign capital inflows into China. The Central Bank of China is purchasing these dollars and investing them in the US to augment her forex reserves. The Bank buys as many dollars as necessary to keep the value of the dollar stable. This is beneficial for the Chinese exporters. The result is that China's exports are rising and imports are comparably less. This is leading to greater income of dollars from exports and less demand for the dollars for imports. The Central Bank is buying these excess dollars and balancing the books. But this formula can be successful only as long as the Central Bank is willing to buy all the excess dollars. Obviously there are limits to this policy because the trade surplus will continue to rise as long as China keeps the value of the renminbi low. The fundamental problem is that the price of goods produced in China is less and that makes her economy competitive. Her exports are large and imports are less. This leads to large receipt of dollars from exports and less demand for them for imports. In a free market the value of the renminbi should increase, the exports should reduce, imports should increase and the books should get balanced. But the Government of China refuses to acknowledge this reality. Instead of allowing the renminbi to rise it is buying the dollars and accumulating huge forex reserves. These reserves are like a cooker the pressure of which is continually rising and can explode any day. Both these policies are not durable. Instead we must allow the rupee to rise against the dollar. This will spontaneously lead to reduced inflows of the dollar. Indeed the problems of our exporters would become worse. But that is the mark of a strong economy. A strong rupee means that we can produce goods at low price. It means that we can obtain high prices for small quantities of our goods. That must be our target. We should not forget that a weak rupee was seen as an indicator of a weak economy. Contrariwise a strong rupee should be seen as a strong Indian economy. We have been misled by the slogan of export-oriented growth. 'Exports' mean that we give away more of our resources. We pack our precious groundwater into wheat and sugar and export it. That is utter foolishness. Instead of looking for larger exports we must develop our domestic markets for higher growth rate. The experience of the East Asian countries shows the dangers of making our Currency convertible on the strength of short-term increase in forex reserves. The ever-increasing forex reserves of China signal the dangers of buying dollars in unlimited quantities. We must chart our own course and let the' rupee appreciate and see fewer exports as an achievement. ============================================================================== You received this message because you are subscribed to the Google Groups "BM_discussion" group. To post to this group, send email to [email protected] or visit http://groups.google.com/group/BM_discussion?hl=en To unsubscribe from this group, send email to [EMAIL PROTECTED] To change the way you get mail from this group, visit: http://groups.google.com/group/BM_discussion/subscribe?hl=en To report abuse, send email explaining the problem to [EMAIL PROTECTED] ============================================================================== Google Groups: http://groups.google.com?hl=en
