Notes for the Central Bankers

Dedicated to the Feds, RBI, Central bank of China and Bank of England, South Africa, Brazil and Australia Are currencies overvalued or undervalued? Given the top three economies which have very wide disparities in their nominal and real rates of exchange, including effective exchange rates, it becomes pertinent to apply logic and facts for the widening CADs in these countries. Taking a closer look at the case of RBI in India, the Central Bank has taken a very dovish stance related to the CAD. Here are a few points that can be introduced for the widening CAD, affecting inflation in…

Public Distribution System: An approach for WTO and World Bank

A public distribution system or PDS in India can be used as a pet project to remove scarcity of food grains almost all around the world. Here is a glimpse of the trade that can happen in the new deals in WTO for a change. Stockpiling for unnecessary reasons is not an agenda, but the distribution is. Procurement, stockpiling and distribution can lead to lesser food scarcity. A report to use and scrutinize. PS: The numbers used are figurative. Basing deals only on the currency factor is not advisable. Procurement can be done based on transportation and freight charges. Public…

F and M Student Status: An approach for Homeland Security in the USA

F and M student visa The Department of Homeland Security issues quite a handful of student visas, where people from different places apply- especially from the South Asian countries. F-1 is a status of the current student visa, and M-1 is a status of a student visa meant for vocational courses, which require a different status, other than F-1 and J-1. Some of the differences of these visas are meted below. Credentials F-1 M-1 Academic Program Academic coursework with a core academic curriculum Vocational program without any core academic curriculum Annual Leave Eligible for annual leave which means break in…

Insurance pooling in Medicare and Medicaid : An analysis for G-7

Private health insurance analysis for underwriting Purchased insurance, social insurance, or even social welfare program for health coverage and health benefits can create a Medicare or Medicaid by pooling resources to spread the financial risk associated with major beneficial expenses across the entire population to protect everyone, including persons who need medical assistance. Health insurance can cover disability or long-term nursing or custodial needs and not just ad-hoc episodes for any hospitalization care. Private Health coverage can be a consumer driven healthcare economy which would prefer a 3-tier based primary, secondary and tertiary sector of health care assistance to use…

Medicare policies that can save earnings

Universal Health Code Universal Health Code can draw a lesson from the health insurance scheme taken by the Feds in the US. Some food for thought has been given below. Universal health care system, with no universal health coverage, need to operate with a national health scheme, single-payer or multi-payer universal health coverage, under laws covered by the Feds, to enhance a hybrid system in the US. Reasons for the rising costs is on the rise for chronic diseases, including obesity, where most of the medicare spending go towards physicians and hospital fees, associated with repeated hospitalization. ACA or Affordable…

A few tax codes based on earnings and profits: A proposal

Universal Tax Code Increase in tax as a part of GDP earnings, over a period of time can be a good factor for the fiscal year, given the debt to GDP ratio of any country. An optimal tax can be a very good factor for offshore agreement for corporations, which does not need to pay high taxes for dual tax treaty, but balanced. Here is some food for thought for the US federal structure based on a few notes. A territorial tax system can no longer be taxed based on foreign earnings, which will earn peanuts based on their currency…

USD or not?

Source: DBS The value of the currency wars and an alternate currency Can gold be an alternate currency? Or, are the central bankers afraid of hedging? Here are some few thoughts on the issue of alternate currencies. The resolution of the Central Banks between countries to adopt a monetary policy that can maintain the exchange rate within a fixed value or less than 2-3 % variation of the currency can support inflation and deflation for any country. In the face of the system, the leading world currencies can trade keeping a back-up of gold, hedging against any risk based on…

To Brexit, or not?

51 versus 48 A popular voting from the Brits starting from 51% versus 48% in favour of the Brexit was actually a popular voting trial that shook the legacy of the Brits in their own backyard. France and Germany had been running mates for EU, by filling the coiffures of the EU countries at a revised tax of 23% to 28%. Germany and France, including Belgium will be in a popular stay in EU, and would definitely pull back EU within 3-5 years of positive and industrial output. If Brexit happens, these countries will make sure that Britain has a…

To the Queen, with love

With reference to the EU referendum The British Parliament is in a state of conundrum as to how to proceed for the negotiations in the Brexit issue. A few of the points divided are given below for the EU referendum. Clauses for discussion For Brexit Against Brexit Migration Migration will be stopped Migration is natural New Trade Deals New and independent trade deals No assumptions can be taken for trade deals Free Trade Deals Free trade deals will hamper the Brexit vote No free trade deals with EU Economic Stability Economy will stabilize is an assumption Will increase prices affecting…

Financing through JICA, ADB and corporate bond investments

On North East Projects Oil Drill- There are a plenty of natural resources untapped in the North-East. NSDC- Specific projects in the North-East can enhance co-operation in the National Skill Development Mission. LBA- Projects around Bangladesh based on the land border agreement can be very supportive. Specific North East Quota in the defence forces- A North-East paramilitary force can be a good investment. Study Quota in North East- There can be a separate engineering and medical entrance for the North-East candidates. AIIMS and IIT in the seven North East states- Only one IIT in the seven North-Eastern states can be…

This needs a fresher outlook

Petrol and diesel prices in India need a change of prices. It is a heavy burden on the economic & social front of India. I still remember having a chat in front of a petrol bunker in Chennai, way back in 2004, where I had recalled the reduction of petrol prices in India. It has been a long way since September 7, 2004 in Chennai, Tamil Nadu. Kindly read on! Petrol under GST

Solicitor General of India

Is this a Constitutional Post in India? The Constitution of India ensures a post of an Attorney General, in each and every state in India. Given the number of pending cases all over the India, it might be imperative to think that a post of an additional solicitor general and a solicitor general can be introduced by an amendment in the Constitution. An additional solicitor general can be a representative of four or five Zones who can advise a few State Governments, on cases of legal importance of the Government. An attorney general can support Public Prosecutors in a state,…

The Israeli-Palestine Conflict

The Israeli–Palestinian conflict is the ongoing struggle between Israelis and Palestinians that began in the mid-20th century. The origins to the conflict can be traced back to Jewish immigration, and sectarian conflict in Mandatory Palestine between the Jews and Arabs. Here are a few proposals for the ongoing conflict. Proposal number 1: Three proposals for the post World War I administration of Palestine. The red line is the “International Administration” proposed in the 1916 Sykes–Picot Agreement, the dashed blue line is the 1919 Zionist Organization proposal at the Paris Peace Conference, and the thin blue line refers to the final borders of the 1923–48 Mandatory Palestine. Proposal number 2: The first official proposal for partition,…

Affordable Housing for All- A Report

Many of the home-buyers face several challenges while purchasing houses. Due to favorable monetary conditions leading to favorable income, there is a push in the real estate prices. On one hand, while the spiraling real estate prices decline, the buyers adopt more cautious note; while on the other hand, affordable housing allows people in the lower segment of the financial population to build houses. Many countries have defined affordable housing as a means to invite the persons from the BPL segment, slum-dwellers, beggars, low cost house dwellers, and to look into the present policies. This report allows us to understand…

Several ways of forming groups in micro-finance activities

Bandhan Bank Microfinance The Bandhan Bank was established to provide micro-finance to the self-help groups consisting of women only. Here are a few microfinance strategies meant for Bandhan Bank to accelerate their cause- Bull Whip Model– In this method of 1-2-1-2, only one person who has been successful in the micro-finance lending, will guide two more persons under him. These two men then guide one person. Co-operative Model- In this method of 5-5-5, a group of 5 persons will act as a team liable for any failure. This is in the case of farming or allied activities. The loans are…