FRIDAYS are the laziest days of the week for us....so usually i spend my Fridays getting my beloved early morning sleeps....which m generally deprived of (Actually 9am is also early morn for me :D)...but this week since i already had my fill(Thanks to d cancelled lectures J) ...i thought of getting up real early...i mean people 9 am is like hardly the time of sunrise .....
Ok so after wasting any further time ...moved to the academic block or populary known as the college building of my campus after quickly munching cup noodles .....the reason for coming to college building??? The net connection at my hostel sucks !!!!! and secondly the greatest idea ,innovation and business model of all times...YOU TUBE is blocked in my hostel campus...
So i started my day with the usual gud mornings on GTALK, updating my status message on FB and also seeing that if any extra class has been scheduled ....all ok ....we begin on the journey on self –learning ..
Started with the days headlines on the paper i have recently grown very fond of MINT ....it said SEBI thinking of keeping ELSS out of the tax net.....have to admit it was what we generally call Over Head Transmission (OHT).....did not have a clue ...so then thought of searching the meaning .....what i got to know i would like to share with all ...no copy paste just my understandings in a SHIMPAL language ....ELSS is equity linked savings scheme...basically used as a tool for tax savings....it comes under section 80c wherein the investments to the tune of Rs 100,000 are allowed and would be exempted from the tax calculations from your salary with a lock in period of 3 years....Positives ???? U get what u want....more tax exemption and high rate of return ....Negatives??? There’s a high risk involved with this equity scheme....thats my understanding of the topic ...any suggestions,corrections and improvements are welcome J
Went on further to read about a more financial topic that catches the breath of each and every nation...FINANCIAL INCLUSION...sound nice na??? But for a novice like me this term is new and not understood ....what is financial inclusion....bhai log ...ye kya “bala” hain??? Ok so Financial inclusion as i read it and present before you is just getting the financial services to every citizen of the country ...so that they don’t have to depend on any other individual ...and the country gets better economic life of its citizens....so how do u do it???? The apex bank of the country RBI , has asked the govt to be creative in implementing the programme....because we r not talking of educated customers here who want to know about the benefits or flaws of the scheme ...we r talking of customers prob who don’t even know that such a scheme exists ....we r talking about breaking the barrier of ignorance ...till now around 60% of the country does not have access to financial services ....the potential is huge ...the challenges bigger???? Relaxing the KYC norms is a great initiative but would be difficult enough to make the people understand for once J ...they say financial inclusion is the gateway to the inclusive growth ...which i believe in after reading it in detail ...in short this policy getting the poor also some money in their wallets....and a bank account no too J
All this while i could not have survived without the old hindi songs which make ur heart feel good....which make u at peace with urself....and all this thanks to YOUTUBE....who says this site is only for downloading ...it can provide u continous support also while u r doing something completely different...
Had the entire day to myself....lived it with myself ....enjoyed it fully ...learnt somethings new ...in the end realised i love myself and i love music ...because it is the only thing that hits u hard and still u don’t feel d pain J
Thats it for d day....i sign off.... J
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