ET in the classroom: Mortality Charges

Mortality charges are that part of life insurance premium that go towards providing a death benefit cover. In other words, these are the actual cost of insurance in a life policy.Looking for an investment avenue that protects your capital even in a falling market? Portfolio Management Scheme’s just for you

Sail shines on new project plans

The Jharkhand government has agreed to renew Sail's Buddhaburu lease — part of the Chiria iron ore belt — having reserves of 810 million tonnes. Chiria is Asia’s largest iron ore belt, with two billion tonnes of reserves.

Moreover, a memorandum of understanding was signed between the state-owned mining company NMDC and Steel Authority of India (SAIL) to jointly develop a limestone project at Arki in Himachal Pradesh with a three-million tonne per annum capacity.

Dabur appeals against 'Pachmola' sale

Dabur has alleged infringement of its 'Hajmola' trademark by Alka's 'Pachmola'.Led by costlier food prices, wholesale inflation rose to 1.34 per cent in October.Today, the world leaders who are desperate to bail out the economy from the current financial crisis by pumping in billions of dollars.

Bengal industry's laltest bone of contention: Coal India

If coal India sticks to its ground that projects should be relocated, industrialisation will suffer since the Asansol-durgapur belt is largely barren or at best single-crop, which is why it has been earmarked for projects

VALUE & VOLUME TOPPERS

Infosys has topped the value chart on the BSE with a turnover of Rs 475,63 crore. It is followed by HDFC (Rs 167.37 crore), SBI (Rs 127.57 crore), DLF (112.65 crore) and Reliance (Rs 109.40 crore).

NATIONAL RURAL EMPLOYMENT GUARANTEE (NREG)

 It is the single-largest employment programme in the human history ever. Before NREG, there were many employment generation schemes in India, but these were barely adequate to provide even 20 days of employment to each BPL household, these were mostly allocation-based and not demand-based. Further, these used to be implemented through contractors which led to large-scale corruption.

                       Parliament in 2005 enacted National Rural Employment Guarantee Act (NREGA) thereby making it compulsory to state governments to provide at least 100 days of guaranteed wage employment in every financial year to each rural household whose adult member  volunteers were ready to do unskilled manual work. If, for any reason, an applicant is not provided employment within 15 days, he/she will be entitled to a daily unemployment allowance as specified by the state government. In budget 2009-10, finance Minister reiterated Congress poll promise of guaranteed Rs. 100 a day minimum wage under NREGA.

                        Other key features of NREGA  are—

(a)    Implementation through panchayti Raj bodies.

(b)  a) Localwork (within5 km radius).

(c)  b) Disbursement of wages on weekly basis.

(d)   c)33% reservation for women. 

(e)   d)Labour intensive works (wage material ratio = 60 : 40).

Thus, Bharat Nirman is viewed as an effort to unlock rural India’s vast growth potential and be a key for ushering ina new era. It is epectyed that Bharat Nirman will lead to considerable rural assets creation along with NREGA.

PRACTICE MAKES A MAN PERFECT

“I know you’re going

to make it

It may take time

and hard work

You may become frustrated and at times you’ll feel

Like giving up

Sometimes you may even

Wonder if it’s really worth it

But I have confidence in you

And I know you’ll make it

If you try.”

This is the motto which the parents should instill in the mind and thoughts of their children if  they really want them to be successful in life, instead of casting aspersions on the capabilities of children, the parents should boost their morale and encourage them to keep on trying until they achieve success in their respective endeavors, such a step can go a long way in strengthening your children’s self- confidence and in enabling them to pursue their ain with full dynamism, vigour and enthusiasm, secondly, they should not expect miracles from their children overnight. To achieve anything, one has to try hard again and again without getting deterred by temporary failures which certainly demands time consumption, when your child is undergoing through that crucial phase of trying his best to achieve what he desperately wants to achieve that is the time when he definitely requires your total unstinted support, cooperation and encouragement to do better and to keep on trying till he realizes his goal, such an optimistic approach will definitely help in scaling the balance or in changing the equations in favour of your child.

 

 

 

No person is born perfect, to achieve perfection in nay field, one has to devote years of sustained, l dedicated and constant efforts in the right direction. Their is no short cut or ready made formula to success. It is practice and practice alone which makes a man perfect and enables him to achieve his coveted goal in life and thus acquire supreme satisfaction for himself,

Failure should not be treated as an obstacle or hindrance in our journey to success rather it should be treated as a stepping stone to success. What matters in life is not how may times you failed but how many times you tried and ultimately kept on trying or gave up in despair? Once success is bagged by you, no one will ask you as to how many times you had failed in your endeavours. Success is nothing but a game of trial and error and hence if you desire success for yourself, failure should not be able to dissuade you from trying again and again. Instead of getting disheartened by failure, one should learn right lessons from it,