Monday, October 16, 2017


A father lost his son, A mother her son and a Wife Lost his all dreams. For a moment forget about the late SI Amitava Malik  who passed away. Many might think that people are trying to attract sympathy and create a sentimental revolution. I better get into asking few thoughts within the readers mind. According to Time of India The recoveries made by the police following the pre-dawn encounter at Bengal-Sikkim border on Friday and consequent raids across the Hills suggest that the Bimal Gurung brigade has stockpiled huge arms and explosives from the Northeast to challenge the state's might. If he is leader then why he has to use weapons. Who funded these weapons and who has given the money to buy the arms and huge weapons?

Those who are supporting particularly the NGO’s and University and college students do they know that their leader has purchased arms and ammunition to create war like situation where they might kill common people of Darjeeling. These are those people who came up on the streets of Darjeeling for demanding Gorkhland. Does Bimal Gurung needs Gorkhaland for creating a arm smuggling business for the adjoining countries and trying to create mass destruction within India. If he is leader did he really need arms and ammunitions? Did any historical leader for demand of land and separate state did assembly of arm and ammunition assembly   

Those who are instigated to support Bimal Gurung about the Gorkhaland demand should be aware about the quality of their leader they are supporting.

Further I heard that many people raised the point that Police went to catch them without wearing bullet proof jacket or neither having helmet.  Well Police did not have any idea that the Bimal Gurung is now having huge mass storage of arms and ammunition. The police might have thought that they have gone to catch a normal leader.

Gorkhaland demand was planned demand to create problem for the Present West Bengal Government. Well when BJP came up in several states it does not mean that every state before 2014 was under doldrums. The act of BJP in instigating several matters in West Bengal in the last 8 months reveals many stories. The Hindu Muslim Riot in Bashirhat was planned game of them. Finally the father had to die for saving his son who shared the FB post. Now this Gorkhaland demand was a planned strategy of getting West  Bengal defamed. Bimal Gurung has been victim who has been planted to access the depth of the present Government of West Bengal’s strength.  

Among all these incidents noble Police officer passed away since they did not might have the information that Bimal Gurung is now next stage of Terrorist. Well Terrorist only store mass weapons for destruction. The opposition parties must understand that each state is not like Uttar Pradesh or Bihar. The honorable chief minister has fought at huge extent to build west Bengal. Opposition parties are no doubt jealous not only about the West Bengal growth but more about the visionary of growth.  
pposition parties are no doubt jealous not only about the West Bengal growth but more about the visionary of growth.  

Thursday, October 5, 2017


MFID2 the name might sound like Nuclear weapon but for financial markets it’s going to be something of that kind. January 3rd 2018 the European market will witness one of the biggest reforms in the financial market. The recession of 2008 gave birth to many new norms to save guard the investors. MFID2 is a similar policy governing many segments of European financial markets going ahead.  The bond market which is one of the biggest markets followed with complex products are going to take a huge toll on the product manufacturers. In Simple terms MFID 2 means transparency in non equity product trading which is herculean task for the EU product manufacturers. At present, there is little data produced on how individual securities trade, leaving many market participants in the dark. The new norm requires publish information on the liquidity classification of financial instruments and the sizes large in scale compared to normal market size and the size specific to the instrument . European bond market will face the heat while selling bonds in 2018.

 Asian and Emerging markets Bonds Demand  to Grow.

After MFID2 is implemented Asian bond markets will become attractive as outflow of capital will increase. Emerging markets bonds will also become attractive and hence inflows will increase in debt instrument. Infrastructure bonds and other bonds will soon find huge demand for the Asian markets in the coming 2018. Corporate bonds and other masala bonds will become more attractive going ahead and also low CAD of India makes it more lucrative followed with stable currency,l ow inflation rates ,high level of reform polices and domestic growth drivers. Data show that the average daily corporate bond investments have been consistently rising since December 2016 and have achieved an approximate 42.3% increase as on date. In mid-September, the percentage utilisation of the limit for foreign portfolio investment in corporate bonds reached 99.99% indicating foreign investors’ confidence in the Indian market.

Very recently RBI shifted masala bonds from being part of FPI limits in corporate bonds to being subject to External Commercial Borrowing (ECB) limits. The additional 18% headroom created will be available for further investments by FPIs over the next two quarters.Currently the Indian bond market raised  of Rs. 6.7 lakh crore in FY17, a 36% jump over the preceding year’s figures.

If you remember recently there have been some hybrid bonds which have been traded and offered to investors and investments were also done. These bonds were of high quality complicated bonds of hybrid nature where the bond indenture was never explained in full to the clients. MFID2 will help to have a very clear transparency about the holding of the same and the liquidity aspect of the same. Investors will be better informed about these non equity based products. Green bonds will be under huge threat as the parameter for the investors in these bonds are expected to be socially strong in terms of credentials.  Another key area which will get exposed is inter -bank hedging which till now remained in closed doors. After MFID2 is implemented all these hedging details will need to be exposed.

Selling bonds will be difficult in the next year and this would affect currency and investors as many of them will flock for redemption out of panic.

The biggest pain will be for those investors who will not be able to withdraw from the small self-administered scheme in January unless their scheme has met Mifid II rules. Penison schemes will be under pressure if they don’t comply with MFID 2. Hence the problem is going to create simply panic before and during that time frame. The client has to wait until the trustees have applied to the London Stock Exchange (LSE) for the document and the scheme has been registered. The catch point is that in between if markets have fallen in the intervening period, the scheme could lose money if the trustee carries out the trade in a down market.

Buyers of the non equity products will have an open option to buy research or not which earlier used to be part of the product in gamut. Transparency is the key. US banks and its other financial arms that are holding these bonds as well as looking ahead to buy such products in future will face one of the toughest days coming ahead. It’s about unbundling the products and this will lead to quality research output as well as many shops will be shut down and many research segments to upgrade their works.

Data will be public and European bonds will be under huge pressure going ahead as closed doors transactions and other gimmicks comes to an end going ahead. From January 3 2018, one of the EU’s most ambitious, packages of financial reforms will be rolled out. Monopoly of the bond players and exchanges will come to an end through this new law.

The last 2 years European banks have been riding rough ride based on profitability issues and liquidity injection where some banks came up with bond issues to save the banks. Most of these bonds were invested by those who knew little about the Hybrid aspect of the bonds. From banks to institutional investors, exchanges, brokers, hedge funds and high-frequency traders all will come under the transparency guideline and hence many of the bonds will face hard times as institutions will have to report more information about most trades immediately, including price and volume.

Tuesday, October 3, 2017

Cost Accountants save them from becoming Auto Rickshaw Drivers.. Varanasi Weavers

In continuation to my previous article on APPLY STRATEGIC COST MANAGEMENT TO TAKE BENEFIT OF GST I am happy to share an opportunity for the Cost Accountants and its chapters to come up and save the problems of an Indian tradition which is on the path of getting depleted.  In my previous article I accentuated on the B2B network and its huge opportunity for companies to come forward and reap the gains from this unorganised players who are about to leave various industries due to GST. Cost Accountants and cost chapters can play a huge role to save the industry and its players and workers from the sudden death of GST related gaps. From the problem mentioned throughout in the article one will get clear idea and ABC and efficient cost allocation is not at ll followed which has lead to this sudden death of an industry growing from 16th century.

Currently Indian textile industry is under immense threat due to GST related issues. India’s biggest market of sari weaving is Varanasi.  The sari business in the city that has a textile tradition which goes back to at least the 16th century. We all know the Varanasi Sari demand and its quality over the last several decades. GST related issues have ripped the business by 50% and most of the weavers are leaving the profession and heading for Auto Rickshaw drivers etc where they can earn better. Banarasi silk saris rates has fallen to less than half of the Rs 800-Rs 1,000 a week which one used to get  making in September last year. In Varanasi’s Jaitpura-Chhora colony of weavers have abandoned their craft. This segment of sari is an export denominated market where we all know the demand and the price at which they are sold.

GST related issues are placing brakes on then growth of this industry. Most of the weavers and players cannot figure out when to generate bills, how much GST will be applicable and whom to charge.GST regulations require these enterprises to file three returns per month along with all documents on sales, purchases and tax levied and paid which turns out to be a massive problem for these traders and weavers who have little knowledge of the organised mode of business. This segment is highly unorganised and creates immense opportunity for the companies who are larger in this industry to employ or rather develop business relationship with these dying weavers to grow their business. A win-win proposition for both. Access of larger markets and sudden evaporation of middlemen within the industry have left these weavers under no business opportunity.
In my previous article I depicted the picture of creating direct contact with the unorganised players to create new markets and opportunities by educating and developing technological dependent opportunities to remove the traditional barriers. Cost Accountants across India can find huge practicing opportunity at lesser fee but with huge long term loyalty of clients by educating and working together with the weavers.
 The cost accountants can bridge these gaps through their existing business partners or through their clients who can get in direct touch with these weavers or unorganised players to create new opportunities. Around  90%  of the business is in the unorganised sector employing large numbers of weavers who are uneducated and unable to handle the technicalities of GST. Hence  cost accountants and the chapters can come up and get huge batch of client tale who might not be able to pay huge fee but a moderate fee and technical support can make huge opportunity to explore.

Till July, they did not charge any tax at all from customers, choosing to absorb the cost themselves. Efficient costing methods like ABC and target costing can help these weavers to make substantial profit without even increasing the price.  I find this one of the best example and opportunity for the cost Accountancy profession to support not only Varanasi weavers but other weavers placed in different location.

Efficient cost management will help the industry to offer healthy credit facility without making jaw dropping business outlook for the long term. Efficient cost management and working capital management will lead to compilation of GST related invoicing deadlines and also growth of the industry.  Suppliers of raw material such as fibres and zari  (gold or silver thread)  have  stopped giving weavers material on credit and started insisting on immediate payment. They simply don’t have money in their pockets. This is gray area since cost accounting tools are being avoided and hence due to no knowledge of the subject working capital shortage has turned into a anaconda swallowing up such a huge Rs 5000cr  market.

Most of the weavers and players cannot figure out when to generate bills, how much GST will be applicable and whom to charge. They are unable to figure out how much GST to charge for a sari in which they have used both polyester and cotton – a popular combination for cheaper power loom saris. 

Its an huge opportunity for the practicing community of cost accountants and their clients to create a new market opportunity for these weavers who are shifting into become Auto Rickshaw drivers.Its an opportunity for the profession to convert an unorganised market into organised players with efficient capital and cost managmenet.


GST has started playing its tune and the benefits of the music in healing the economic gaps will be witnessed after a year almost. Among these I find that there is an immense opportunity for the industry to take opportunity of expanding their business and developing new frontiers particularly into B2B segment which earlier used to work as only commission agents between the agency networks. Strategic cost management application will help to increase market share and revenue from a ready available market through the blessing of GST. This article depicts the road map for creating unorganized players into organized segment and making companies to win new market of new B2B players in those areas.   It’s a first mover’s advantage and always remembers the unorganized will be completely eliminated but certain fraction will be out. Unorganized players are currently in search of some avenue to save from GST affects and this is the right time to strike chord for growth of business.  The rest will be required to nurture to tap the potential of new market frontiers for sale of products. Remember these unorganized players cannot afford to sit at home for the sake for GST hence come ahead to create new B2B frontiers.  
Indian companies needs to think and apply strategic cost management tools to create new markets and frontiers from the current GST issues.

Developing new markets and reducing Branch fixed compliance cost under GST is the key success road map. This segment can be capitalized to convert into a main stream B2B network. This segment is about to evaporate as GST as increased the compliance cost and they are the ones who are under the unorganized segment of the market. This B2B of unorganized segment can be converted into organized provided the company applies the strategic cost management to grow the business network. They are less cost consuming and looking for some extra income apart from their mainstream business/profession line.

B2B expansion under this category will be faster as one is getting a ready distributor with zero cost of acquisition and converting the same into the main stream business line. B2B is one of the most efficient ways of increasing revenue without incurring any fixed cost to sale your products. B2B market expansion will be easier under the current circumstances as one will get ready well trained and well ready market. A company need its product development team to educate about the products and sales team needs to train these new B2B players about where and how to pitch. Hence less cost of acquisition, less gestation period for revenue generation and the best time for an opportunity as the GST have been implemented. Most of the companies will lose sight or will be compelled for entertaining any more non GST complaint middlemen who used to be ruling any product market.

Current GST rates might make few products less attractive and some people out of employment. This is the key for B2B market development. Those companies who are planning to expand can come ahead and educate and train about GST and replace these people with product where margins of revenue will affect the cost of operating for these B2B players.

We all know that in FMCG industry building the distributor business is the key aspect for saving fixed cost of having a branch etc.   This key area can be utilized again under GST as many companies will find huge compliance cost aspect under GST from multiple branches hence developing the B2B network is the best way to reduce fixed compliance cost for the companies as well as increasing a business network and revenue for the company.

Technology can be used judiciously to replace and educate these new B2B networks to increase business and reduce own fixed cost. The one who used to work in unorganized market segment can be easily attracted towards organized provided the products changes where margins makes sustainability of the B2B network praise worthy.

Monday, October 2, 2017


Brexit have been keen focus area for the global economy in order to get an idea about the opportunities and deaths of opportunities arising from the same. EU is totally under a mixed bag scenario where the latest election win by Merkel is also under intense pressure as her chair is having 4 different collation parties support. Among all these doldrums I find France is going to be the biggest growth contributor for the EU and particularly a strong supporter for Merkel in his policy frame works in the long term. France is going to be the biggest growth opportunity market for the EU after Brexit and its preparing itself for the same. President Emmanuel Macron’s reform policies are going to be huge contributor for the economic growth of France over the next decade. 39 years old President is having enough oxygen in his blood to pump up the France Economy and became a strong contributor to the EU on the large picture.

The president is pushing technological shifts and adoption at rapid space which will change the traditional industries of France in the long term. These changes will create new job opportunities and attraction for VC funds in his country.  Innovation have been given huge thrust followed with entrepreneurship so as to adopt technology and make massive restructuring in its economy followed with Tax cuts, converting wealth tax into property tax adoption of Artificial Intelligence in its business and services creating huge flow of opportunities for many countries to invest in France.   Reform measures have been going good till now and one of the biggest achievements have been the Labour reform measures in France which plays pivotal role for the industrial investments to grow in France. Machine learning, artificial intelligence (AI) and big data  are being highly applied and adopted in the industries in France. Service industry will get huge boost up as technology will smoothen the process and innovation cult will play the tunes of growth for France.

France auto industry is coming up in big way with innovate technological driven products in the coming years very soon. Young French graduates are increasingly trying their luck with startups. The step towards reducing the corporate tax rate from 33% to 25% over five years plays pivotal role to push up the climate of investments in his country. The President is committed to improve not only the GDP but also to become a close alia of Germany.  A huge focus has been deployed to improve the education and qualification of France so as to match the demand for the global economy.  The whole of EU and Germany will support France in all respect after Brexit since France is  a permanent member of the UN Security Council and a nuclear power, will be the EU’s only member with military muscle.

French venture capital funds have raised €2.7 billion (£2.4 billion) from investors so far this year, compared with €2.3 billion in the UK, the first time France has raised more venture capital money. In the area of education its being found that by the age of 15, 40% of French pupils from poorer backgrounds are “in difficulty”, a figure six percentage points above the OECD average. French schools, with their demanding academic content and testing, do well by the brightest children, but often fail those at the bottom.  This is the key place where they are working to make over the traditional education polices. This will uplift the quality of education and manpower in the long term.

The Recent trouble of NATO and Paris Climate issues keeps France as strong supporter for the EU to stand together. Brexit and Merkel’s current condition creates immense opportunity for thr new President to negotiate and get the best for his country. The way the economic growth factors are being looked upon by the President its well clear that in coming months we will witness some healthy growth numbers from France and many countries of EU involved in this growth journey.

Those looking for investment opportunities can look towards France and be rest assured that the adversities of EU will be beneficial for the France followed with a strong support from Merkel who in her last term have to play lot of music. Neither France nor EU will get second chance to turn around the whole of the economy from the collapse faced in this decade.

Tuesday, September 26, 2017


Chinese economy has changed a lot and its behavioral financial outlook is also changing dramatically. The country set to become the next island for innovation for the global economy. Its economic growth engines are getting changed and one needs to be aware of the same.It might take few more couple of years before the show of innovation attracts the world but the platform is currently under construction. A population itself is a big opportunity for making billions in china and connecting the dots with the untapped market of china. China is shifting from made in china to innovate by china and will create many disruptive business-to-consumer technologies in the coming decade. When china is shifting from export to service then a land of smart phone along with internet will create revolution in the coming decade for service industry.

China is no longer a copy cat market any more. They are now turning into creators of the upcoming technologic booms in the coming decade. Well the proof of the pudding is that around $77bn of venture-capital (VC) investment poured into Chinese firms from 2014 to 2016, up from $12bn between 2011 and 2013. Don’t forget that there are 609 billionaires in China compared with 552 in America. This number speaks of many things where inflow of capital for new startups and innovation is ample and not dependent on any slowdown affecting any part of the global economy. Smartphone and internet has been a boom for the economy and this key area makes china to be more valuable for innovation and startups. China has gone to cash less economy but not to the fullest extent till now. The volume of mobile payments shot up almost fourfold last year, to $8.6trn, compared with just $112bn in America.

Many innovate segments are opening up and which are huge opportunity for the Chinese economy to fill up the gaps and head towards a huge growth. These growths are technologically dependent and don’t require traditional business strategies and other modes. Innovation is at the heart of China’s 13th Five-Year Plan (2016-2020), which sets the aims to become an “innovation nation” by 2020, an international leader in innovation by 2030, and a world powerhouse in scientific and technological innovation by 2050. Chinese manufacturing plants are getting to production enhancement where environment friendly and service based modules are being adopted. This it creates Chinese economy to be more opportunistic for growth and investments in the coming years. In house technology and creation of employment have been one of the key demands for the economy which can be easily achieved through the current changing geometry of the industries in china.

China’s expenditure on research and development accounted for 1.42 percent of GDP in 2006 and the ratio increased to 2.1 percent in 2016. In 2016, China had over 1.1 million patents for inventions, ranking third after the United States and Japan. The latest Global Innovation Index showed China rose three places to 22nd on the list of the world’s most innovative nations in 2017, the only middle-income country to join the top 25 innovative economies.

Cash less and online business opportunities have created Alibaba which is valued around $60 billion.  More Alibaba is on the way across various industries and segments.  China is shifting from made in china to innovation by china. This will save the Chinese economy from any type of futuristic trade restriction by countries like US etc. In house job creation and opportunities to reduce the gap of development within Chinese various states is the key to success. With a consumer market of 1.3 billion people china has immense opportunities at home to grow and create opportunities of its economic growth in the coming decade. The only time it takes is to create and transform the economic gaps within china’s own state.

The speed of innovation in china speaks rest of the story. 
  • Chinese scientists completed all the experiments designed for the world's first quantum satellite a year ahead of schedule, laying the foundation for a hack-proof global quantum communication network.
  • China's supercomputer, Sunway TaihuLight, have been named as the world's fastest computer at both the 2016 and 2017 International Supercomputing Conferences held in Frankfurt, Germany.
  • China have developed a search for alternative clean energy sources by completing a 60-day trial of mining gas hydrates, commonly known as combustible ice, in the South China Sea.
  • China launched its first X-ray space telescope to observe black holes, pulsars and gamma-ray bursts.
  • Well these scientific researchers have nothing to do for many people but it reflects the volume of capital injected within segments and the volume of returns and growth achieved from different sectors in china and how it will contributes over the coming decade to an investor. Big data analytics are being use to revive the weak social aspects within the Chinese economy.

Venture capitalist in china are backing up the innovators who are not from any industry background and willing to start from scratch. This is a big challenge and threat for the global investors as they will be thrown out of the window.  In gamut china is now becoming self reliant economy slowly and gradually. Intellectual property rights have been war fare in china and global companies are not lead alone to grow but through JV. Chinese economy is making a slow but steady sea change in its economic growth engines which will be more clear when the slowdown of the global economy will not affect china more as home grown demand of its services are far more bigger than any recession numbers.  

Thursday, September 14, 2017


What they want to say and what we want to hear? Many of us might have forgotten that Iceland faced a hard time when its banks went for toss and Norway SWF too the bet much before in these banks at the time of collapse. Norway’s shorting of Icelandic bonds particularly in anticipation of the weak ,over leveraged Icelandic financial meltdown lead an opportunity for SWF to hedge against an for a country that already which had significant exposure to that particular industry. By the way don’t forget George Soros too. In 1992 international investor George Soros famously “broke” the Bank of England by shorting more than US$10 billion worth of pounds, pocketing more than US$1 billion in the process and forcing the Bank of England to withdraw from the European exchange rate mechanism (ERM).

History repeats but the cleavers are the ones who identify the history and takes immense opportunity from the same. In 2008 recession the SWF took around billions of pledges mostly in advance through various financial instruments among those who were used to Claimed As Too BIG TO FAIL. The trend of taking opportunity is the key direction for understanding the long term repercussion of the act.The below data reflects when the SWF took exposure and how much information they carried for the collapse of 2008 financial collapse. This raises the eyebrow for finding the trend and understanding the pattern.

SWF lost million to when the invested between November 2007 to 2008 but the made many times of what they lost. The below stake holding details will make the subject more clear. Chaos theory says patterns needs to be followed which gives indication of the upcoming trends of events.

Identification of opportunity for SWF is clearly shows when on January 15th 2008 much before the Lehman Brothers collapse in September 15th 2008, the governments of Singapore, Kuwait and South Korea provided much of a $21 billion lifeline to Citigroup and Merrill Lynch, two banks that have lost fortunes in America's credit crisis. They invested and saved the banks and later on standing at 2017 please calculate the returns these SWF made from the stake they hold. Buy back of Shares was the Boon funded by QE. SWF In 2008, accounted for 28 percent of the deals, worth 75 percent of the total value ($96.2 billion).

Currently the world largest SWF Norways officially known as the Government Pension Fund of Norway,  which stands at $1 trillion has changed its strategy towards equity where it increased its equity exposure to 70% from 60% and cuts down on corporate bonds and only exposure towards government bonds. Further is will invest in dollar, pound and not yen as yen liquidity is a problem. Further might face problem of North Korea related problems later on. Brexit is an opportunity for the pound and hence its bet keeping the long term vision.

These changes indicates many aspect but as per my limited thought a short position on global equities and also buying at low levels leads to increase of asset allocation towards equities. a 2ndly government bond tends to be a safe bet when equities and economic warfare comes into game. Currently the SWF has about $80bn — was in corporate bonds. They will slowly liquidate and wait for the maturity and more over they will not take additional exposure.

The top 10 holdings of the fund, as of August 2017:
·         Apple
·         Nestle
·         Alphabet
·         Royal Dutch Shell
·         Microsoft
·         Novartis
·         Roche Holding
·         Amazon
·         HSBC
·         Johnson & Johnson
Crude as an asset class is no longer a viable multiplier of returns now hence equities are the best to play with. With some $6.5 trillion in assets, sovereign investors already account for 19 per cent of capital committed to private equity. By the end of 2016, 61 per cent of SWFs had allocations to private equity, a record high, and 63 per cent to real estate. When assessing maturity, NBIM said a set limit of no greater than 10 years would allow for more consistent returns across countries, increased stability and increased immunity to the impact of adjustments by non-price-sensitive players. Technological shifts and uncertain economic growth have leas SWF to think in this pattern.

Are we heading for a collapse may be since valuations and growth in prices gap are widening and hence the essence of reliability is weaning. Geo-political tension is another headache which can turn the wieners into losers.  Every economy of a country cannot grow simultaneously when ground realities says  gap is widening.  SWF change of pattern indicates silently many things which we need to read and understand .

Saturday, September 2, 2017


Infertility and low Sperm count is big issue in today’s life style diseases. My readers will be surprised that how suddenly from economics and finance I Came into these subjects. Well these subjects are social matters which are followed with life style irregularities are the prime reason behind the declining sperm count.  But most of the families pass the blame of delay in having child to the women. For a male dominated society it’s quite difficult for them to accept that they have problem in their sperm count or quality.

This problem has grown stupendously in India and in those countries where pollution have played a vicious role. Increasing infertility rates are based on the lifestyle changes resulting in stress and obesity caused by lack of physical exercise, changes in eating habits and pollution accompanied by medical disorders like diabetes. Most common problems men face are low sperm count, morphology abnormalities and low motility of sperm. The problems are no longer restricted to close doors as crime against women and the growing torture have increased stupendously arising from this segment.
This is prime reason behind household turbulence and other issues arising from the problems of infertility. Men’s changed life styles have created a huge problem.

 In urban areas we find that most of them are joining GYM to increase the hormones, gets routine in terms of balanced diet and also to get the toxins out of the body to increase the sperm quality and fertility rates. After its being found that once the family gets the desired outcome the men’s leave the GYM and get back to the old norms.

If you notice the habits of the people in the GYM we will witness this trend of people more. Families which are conservative in mind pass the blame and other violence related activities over the women. Divorce second marriages are the ones who rule in these cases where the families are conservative in kind in accepting the problems. One more thing which is being observed is the impotency trend which is driving frustration among the males dominated society which leads to various type of sexual abusive activities. I find pornography being one of the most important devils for this type of abusive behavior. Discussion on sex and display of excessive pornography on social media has lead to a significant threat for the society.  Excessive Masturbation leads to change in the behavior and on social values towards the society.

This excessive and unusual masturbation leads to crime and unusual matters. Its being found that those who are having their families in rural areas and have come to Urban for earning are under the severe threat of these imbalances. Not having proper education and low values towards the women towards the society have lead to crimes such as sexual abuse, rape, child rape and many such activities.  

Sexual demand is not wrong. It’s a very important part of life but the problem begins with detachment with families either by compulsion or by family based issues of keeping the wife at village as servant to take care of old age parents. Social imbalances create huge problem for the society which many of us don’t learn and later on this creates problem.

Sexual discussion often has lead to change in hormones which leads to frustration and stress and often this stress is diluted through rape and child abuse.  The root cause is not having proper education about excessive sex and pornography related issues and how it can destroy one’s life and family.  The society needs to develop certain session where these type of issues should be discussed and conveyed to the people. NGO’s can easily come forward to depart the harmfulness of these matters. If we can distribute condoms for safe sex then we need to convey and educate people about the harmful effects of these excessive pornography and sexual related discussion. One to one session opportunities will be big boon as many of them will come for seeking proper advice to resolve the imbalances taking birth in mind and eliminate them from their itself.

Families who are facing the issues of the infertility should be more opening minded and various social media can be utilized in general sense to show the path of resolving these issues. Most of the families and people who are conservative in mind should will not come forward in case of fertility related issues. The social media broadcasting of these issues will lead many men’s to understand and come forward for treatment rather torturing women for the same. I find many families come up with this opine that our great grand fathers used to have 10 to 15 children in their life time and hence how the fertility of the 3rd of 4th generation can low. Well for them I would like to accentuate that our great grand fathers did not have so much pesticides related food items and neither so much pollution. They used to be involved in social activities, sports etc where the current generation is glued with social media and electronic devises. Hence there is heaven and hell difference between with our great grandfather life and ours life style.

Departing education and solution will only remove the dark Knight days of superstition etc. Superstitious has become a big business and most of the cases which heads towards superstitious is not having child at home despite of several years of marriage. These superstitious businesses have grown many folds by fooling people. We must understand that excessive smoking, Gutkha, unhealthy food habits, alcohol, and stressful life with no exercise are prime reasons behind such low fertility rates. Superstition has no place in all these things as they cannot help you to get into proper life style. Having a proper life style and managing the same is the key factor behind improving the hormones and sperm quality.

Families should be more supportive and should not torture the women just acting blindly on the subject. Women’s are being tortured for not having child should be stopped. 

Friday, September 1, 2017


In continuation to my previous article on early marriage between the age of 19 to 22 I find that we men’s are the real reasons behind the early marriage. We tease, we pass comments we create a threatening atmosphere by acid attacks which kills the dream of the girls for higher education. We men’s are uneducated at home and even after getting basic schooling. We think that by dominating someone we will prove our strength.  This is education of dominating have been passed as legacy by the uneducated traditional education departed from our grand fathers to us. Our grand fathers used to treat women just item for sex  and that’s why they used to have 12 to 15 even 21 children. Now please don’t blame that there were nothing as entertainment hence sex was the only entertainment. Well our grandfathers should have understood that how much pain it takes for a child to take birth which is being born by women. Hence 12 15 or 21 are not numbers they are pains for 9 months with many cases of death and even post delivery medical complications.

Now our fore fathers taught as eye for an eye and that’s what has been passed as legacy to the mens society. The torture on women is not restricted to women now. Yes the funniest part of the education taught by our forefather right from the school days that eye for eye has lead to the birth of ragging in today’s society. Just imagine how much pain your children who are also men face when they go through the path of ragging. Does nay one knows from where this ragging concept came up. Its nothing. It has come up from that same dominating education where eye for eye was taught. Now men’s have gone beyond women and have started killing their own masculine.

The education of domination and males are the sole powerful animal of the society have lead to killing of young generation from small incidents which often happen on Street. One family saw his father bitting her wife, then the legacy passed to son and he did also the same thing and later the grandchild also walked on the footsteps of the grandfather and father and he also started the same with his wife. Now   when this type of education is departed then one fine morning the father or the grand father is thrown out of the house. Yes ill treatment legacy passes to everyone and it cannot be stopped now. The generation has taught only humiliation and no love and affection. Eye for eye does not mention or define which eye to be plucked off. Many of my friends will come up with strong strictures that this type of education has not been passed to everyone. Well I am talking of the ones who bite their wife, engaged in the profession of ragging and ones who throw acid on acid on women who do don’t accept love or sex proposal.

We men’s have messed up and we are directionless regarding eye for an eye. We need to understand and accept what our grandfathers did or taught were wrong. Well not all wrong but at the same time not all right also.

Our attitude towards women and society is so much dominating that we are throwing   acid on our own daughters . We have destroyed the society.  That 12 to 15 children used to be from our own wife but the matter is not of child’s but of sex being treated as birth right from women. Now they legacy of sex passed on but with a different lesson that have sex from any one you wish. The perception got changed that sex is proof of the masculine.  Treating women as object for sex enjoyment lead to negligible emotional attachment to the women’s lead to a devastation. 

Now in a society where women are dominated and tortured they also grow the mentality of dominance and torture over the period time as the legacy of the same passes slowly and infects a noble heart also. Now when that woman gets power in hand in the form of Mother In law the devil of Dominance dominates and kills the girl after who is newly married. Either you face the same torture and abide the Mother In laws Brutality or get burnt or killed by the In laws Yes this the legacy we have created and passed through the mindset of masculine dominance.

I find education is the prime reason behind this social imbalance and masculine mindset. Primitive education is just like the primitive ways of communication. We not only need smart cities , smart phone but also smart well educated mind set where completion within family or within husband and wife is zeroed. We need a society of understanding that dominating each other don’t lead to growth of one’s life. Eye for an eye has lead to the birth of ragging, acid attack and many more such incidents.

Even in Urban society we find this primitive mind set. Masculine domination is eradicating our next generations. 

Even I find that there are many TV serials where this masculine domination is being telecasted which is giving a wrong lesson to the this generation which will further amplify into eye for an eye. Today you throw acid on someone face on the other day someone else will throw on your family member. You need to understand that Brutality has now future. Accepting life and making a progressive mindset is the ideal masculine mindset. Innovation should never be in closed doors. It should always be open.

Tuesday, August 15, 2017


Women education plays a pivotal role in the society. Numerous historians and current writers have depicted the picture of girl child education. But what we are lagging is that after the basic education is over girl Child are married at an early age. The age hovers around 19 to 20.  Well in most of cases its being made around 17-18 age before the child completes the class 12 education. Girls are still considered to be a burden and when I search these life stories I don’t have to go further away into remote places but even in our modern urban life we find these stories.

Formal education have being taken has just having basic literacy and not an in-dependency of the girl from the clutches of the male dominated society. Parents still are under the blanket of thought that providing basic education for heck of getting married is the only dead end of girl’s education. Education is being used as qualification to get married where the Bride groom don’t marry an uneducated girl at the same time not an over educated too. Parents want their girl child to married by the age of 17-21 and the family is relieved of its responsibility.

 Parents themselves have a limited future outlook of their married daughter’s life.  For example daughters who get married at the age of 19 and gets converted to mother by 21 and suddenly through an accident she become widow. Their no one to feed the daughter and her child. At this point of time what will be the only option for the women who become widow at the age of 21. Now the either she goes for house maid and by doing that its quite difficult to live life at today’s expenses. Hence prostitution is the only option left. This is how the limited vision driven parents who started the journey of providing basic education to the girl child did not dream of getting their daughter qualified beyond the basic education.

The society have convinced that girl child education is very important but higher education and getting them independent is also equivalently important which is very highly ignored. We don’t need to go into villages to find this type of stories. We can find plenty of them in the urban modern society.
Getting girl’s only basic education would not be enough in the coming decades. The society needs to understand that girls have to do make stable enough to face any sort of future problems. Education and qualification helps to uplift the society from getting into poverty and prostitution etc.

Before the girls gets education it’s important to make the adversities of life to be understandable to the parents so that they should avoid getting them girls getting married within the age of 17-21.  The age of 19-21 for girls   is for providing them education. In many cases its being found that parents are under the fear that getting their girls highly educated will lead to non availability of grooms for getting married. These parents should understand that they are promoting illiterate society.  They must understand that education has no limitation and the more the wings are spread its more beneficial for the family and the future society. Where narrow mind set prevail it’s better to either to upgrade or not to associate with the same.

Getting girls at early stage of marriage leads to numerous problems which needs no discussion but we need to stop this mindset.  

Tuesday, July 25, 2017


Medical treatment facility has collapsed in Kolkata despite of CM intervention in the matter. The latest issue is enough to bring tears when you see the snaps of a 3 months child undergoing 3 operations. Calcutta Medical Research Institute is the name of the hospital - Address: No 7/2, Diamond Harbour Road, Ekbalpur, Kolkata, West Bengal 700027.The doctor name under whom he was admitted and the operation was done is Mr. Biswajit  Bhadhuri. The 1st Operation was done on 3rd April and the next operation was executed on 12th July where the doctor did some mistake and finally another operation was done on 17th July. 3 month old child and 3 operations. The parents was proper treatment from the hospital as they can provide the same but the Hospital Authority are ill behaving and not taking proper care for the child and demanding the parents to take discharge. The parents don’t want to take any discharge. They demand proper treatment. Please raise the voice and look that the child gets proper treatment.

The above snaps of the operation speaks how they patient is being handled by the doctors and hospital.. Please I request WHO and other medical institutes to come forward to save this child and get a proper treatment. These FIR and police case will not lead to solve the problem. I request CM special intervention to save this child irrespective of cast and creed.

I am enclosing other documents related to FIR copy and medical documents.

The medical condition has deteriorated and doctors are busy in playing their game. I am enclosing a copy of the FIR which have been lodged but till now its of great pain for the family and more for the child to suffer due to foul treatment of the doctors. If anything happens to the child who will be blamed.  It seems like Kolkata doctors have become butchers and their only option is making money out of living patients till converting them into dead bed.

I know we are all busy with our own life and we don’t have any botheration for this family and neither are they related to me. But as human being and looking at the child’s face I want all of you to raise and share this matter about the continuous failure of the medical facility in Kolkata. Its not about any political party he is representing neither any cast. Look at the child face and the images before you go ahead with your strictures.

I want the society, police and the west Bengal government to come forward to save the child and get proper justice for the family. For the sake human mankind and for the sake of child please do something so that the child gets good treatment and is being saved.

Monday, July 24, 2017

COST MANAGEMENT TOOLS TURNS AROUND a Rs 30,508.45 cr Market company

Strategic cost management & Cost management tools have always helped a struggling organization to realign its resources and delve into new futuristic growth process. The value of the profession have created many struggling organization from the verge of getting collapsed to create share holders value followed with stupendous growth for other stake holders associated with the  company. Implementation of strategic cost management and cost accounting tools of resource allocation and identification of product mix have been one of the game changers for the industry growth in the long term. Those who criticize that the professional aspect of the subject has less identification its well reply and eye opener that a one of the largest engineering companies adopted the principles of the subject and made an outstanding turnaround. Tools like sales mix, resource allocation and optimization followed with shedding down non core business along with cost control and target costing driven product launching have helped the organization to make a turn around.

Now today I will share a company’s details one of the largest engineering companies as well as one of the largest conglomerates in the world. IT has operations in around 100 countries, with approximately 132,000 employees in December 2016. The current Market Cap stands at 30,508.45.  The Company's segments include Power Systems, which offers turnkey systems and services for transmission and distributions for power grid and power plants; Power Products, which manufactures, engineers, supplies key components to transmit and distribute electricity.

 Recently over the last 5 year the company had made huge implementation of cost accounting tools and strategies to turnaround the company. Back in the year 2009-10, the company had a huge task to realign its products as business suffered a huge setback with the problems in the power sector, and subdued demand in the industrial segment. The company is none other than ABB.

ABB India Ltd is a pioneering technology leader in electrification products, robotics and motion, industrial Automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing more than a 125-year history of innovation, ABB today is writing the future of industrial Digitalization and driving the Energy and Fourth Industrial Revolutions. ABB operates in more than 100 Countries with about 132,000 employees.
The overhaul, which began in 2014, has seen the industrial robot maker combine some of its businesses, cut labor costs and exit riskier projects.  The company pressed ahead with cost-cutting efforts including consolidating more than 60 service centers into two sites in India and Poland to handle finance and personnel issues. The focus on cost cutting is helping it cope with a difficult environment as economic uncertainty is making companies and governments more cautious about investing in expensive projects like new production lines and power stations.
ABB reorganises business segments: Beginning CY17, ABB had rearranged businesses into four  Segments. Now, Electrical products include electric vehicle charging, solar and power quality businesses of erstwhile Discrete Automation & Motion division. The residual Discrete Automation & Motion division now renamed as Robotics & Motion division while the Process Automation division renamed as Industrial Automation division.

The numbers speaks itself and on can get a clear understanding of the revaluation within organization achieved through implementation of strategic cost management.

The results of the implementation of strategic cost management and cost accounting tools of resource allocation and identification of product mix keeping the future industries in mind played a pivotal role. The company's four divisions which make products ranging from power grids to industrial motors - had all achieved their profitability targets.

Adapting strategic cost management and costing accounting tools the company started focusing on futuristic products back in 2011. It focused on energy-efficient products on the back of climate change talks. It decided to leverage its global presence and products in smart grid, robotics in the industrial segment. Cutting down on expensive business propositions and working for futuristic driven industries paved the way for the growth of the company. The demand for up gradations such as robotics in industrial, smart grid products etc lead to a phenomenal growth for the organization.

On an overall it can be said that Strategic Cost Management and cost accounting tools have paved a new away of growth for the company. If a company struggling with profitability could made turn around then just calculate how many NPA and insolvency stage can be avoided.

Sunday, July 16, 2017

The Certificate in Accounting Technicians (CAT)..SHOULD BE DESIGNED AS GST CERTIFICATION

The type of compliance requirement and the depth of the work of GST lead to a significant demand of young professionals to come up much faster to fill up the vacancy. There is huge demand which is going to increase for people to work in finance and account division across nay industry.  Now companies will not be able to absorb multiple CA and ICWAI fellows into their system for GST work as salary related cost is significant. Hence companies will get into hiring of and college graduates as low cost and train them accordingly for the GST related.

GST education is very important and it seems that the Institute has a weapon in hand where it can provide certification of GST and also relevant costing subjects within a very short time frame. Yes short time of frame is the demand keeping the next 3 to 6 months in hands. The Certificate in Accounting Technicians (CAT) can be easily used to get into limelight and get the same subject into GST dominated subject educating and training the students like who are and just graduate passed. Our Institute is established under the Act of the Parliament and hence we have beyond 100% validation of our certification. A crash course of CAT can be designed to benefit the industry demand, society as well as brand building for the Institute.

The most important aspect is that for this segment there are no costing rules and records limitations and hence SME’s who need good qualified professionals as low cost, CAT can provide the same to them. We can get a healthy employment generation through CAT for the SME industry across any turnover limit.

The institute can include a live training session of 20 hours computer course for the in hand experience of GST. The institute can design crash course of 3 months exclusively with accounting, costing and GST related syllabus so that we can generate qualified professionals for the Indian economy based on the current demand of GST professionals. Just calculate how many families will come out of the poor dark backgrounds into a very lucrative and positive living life.

This course can be designed to uplift the poor economic background driven students from the society into a well educated, knowledge driven society. In today’s society the easiest way to get rid of poverty is to get into some education and get an instant job. We find millions of hoax advertisements where student are duped by proving baseless and useless education to the students by tempting them with job opportunities. This course certification will revamp the brand building of the Institute as well as grand success for the CAT course which is somehow neglected compared to the main course.

Costing profession has always been a boon to the society whether in terms of socio-cost identification or making Indian economy to be cost competitive. We need CAT syllabus to be changed and make it more prune to the industry demand oriented syllabus, getting away from traditional syllabus.

Skill India has been a boon for the Indian economy. The entire syllabuses have been revamped to fit exactly like the industry requirements. Keeping the CAT course in similar lines GST certification course can be included along with CAT to make a grand promotion of the course of CAT and uplifting the society with educated, well trained manpower.

I have found that many individuals have now come up with GST certification course. It’s the responsibility of our profession to make the society aware of such non valid certification and simultaneously promote our CAT course as GST certification included as we are set up under the Act of The Indian Parliament. As a profession we should use CAT for GST certification to save the society from these duping devils who are playing with the dreams of the students for a better living life.

Monday, July 10, 2017


Demonetization has lead to a significant change in market dynamics particularly for the rural economy where cash based transaction is the king. Non-availability of cash and change in surplus cash holding might have impacted the demand demographics of the consumer. Costing Accountant and costing methods have been always beneficial for the socio-economic development and its carries a huge responsibility towards the society. Costing tools have made product accessible to the society at large. People have started dreaming of consuming products which they never dreamt. The historic case of Maruti being launched in India was a perfect example of adopting costing methods and tools which made people of India believe to have car of their own.  Cost Accounting profession, its rules and records have played a pivotal role in uplifting the consumer and social aspect of the society.   

Now Small and Medium Enterprise faces a huge challenge post demonetization to carry ahead of the consumption market. Target costing is best costing tool to be deployed for designing products pricing based on changed market structure.   Changing business climates and opportunities followed with uncertainty have compelled to adopt strategic cost management techniques and hence Target costing is one of the tools to be adopted and implemented to wither out the uncertainties.

Gone are the days of traditional pricing of products and also monopolistic market control. Technologies have already changed the demography of business and hence strategic cost management needs to come up. Today’s innovation and entrepreneurship plays pivotal role in Indian economic development hence cost control and strategic cost management is the essence of the time.

Post demonetization big corporate will be able to wither the pains of slow growth from rural economy but SME’s cannot afford to have the same. Doing Cost Management in SME (small & medium sized Enterprises) is different from big corporations, mainly because of resources. SME cannot use the same resource input in managing cost and hence these are often unmanaged.

The effect of not adopting target costing and following the traditional costing will be that buyers in rural economy may not be able to buy the products which used to be purchased by them pre demonetization era. This is a significant drawback for the economic growth.  In one side the consumers will starve for not getting products within their reach, on the other side manufacturers will suffer as consumption comes down. At the same time if an SME don’t adopt Target costing then he will lose out his market share to the ones who adopts the same in large organizations.

Target costing helps to adopt the market driven product design and pricing accordingly. Tools of operations management such as quality function deployment (QFD) and value engineering (VE) have been considered. These should be adopted to get hold of the market post demonetization. Efficient cost management is the need of the time since gestation period of getting replenishment of stock will be time consuming and hence without proper cost management a SME will not survive in the long term.
Designing and resizing of the products will be the essence of the new economy post demonetization. For SME the process of target costing will be:
·         Market research
·         Establish the target cost
·         Product planning, concept development stages
·         Value engineering, continuous improvement
·         Design stage
·         Achieve the target cost
·         Continuous improvement in later stages

Post demonetization packaging of products will be key factor to derive growth and as well as sustain growth initially.  A small different variety product being offered with large product types will be few of the key packaging aspects of products for offering in rural economy.   Designing of products judiciously followed with control over fixed cost as manufacturing trends to slowdown will be a key aspect for the SME. Market dynamics have changed and hence it’s no longer a onetime process for developing designs. Designing of pricing mix will be a key aspect for the SME as it will induce consumption within the cashless economy. Many SME will be thinking that adopting costing methods and tolls will be expensive. A practicing cost accountant is there to resolve the issues for an SME helping out to derive cost control and strategic cost management strategies.

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