Nuclear Deal

The congress party is highlighting the nuclear deal as a big achievement in their election campaign and the BJP is saying that they have started this process. As per my knowledge India is going to spent billions on this deal in coming decades and even after spending this much huge amount the nation will be not standing on its own feet's because of dependency on other countries. If India have spent 25% amount of nuclear deal on Research & Development (R&D) of alternative energy sources, millions of jobs will be created and long term establishment will come to nation. The R&D will raise the morale of common man and our international image will definitely get more strength. In future by exporting the researched technology we can increase the national revenues by many folds. And by starting research we will be able to research & launch environment friendly products / resources for generation of energy / power, which will be great for whole world in view of increasing effect of Global Warming and declining environment. Also the research activity and the production of researched products of commercial scale will give employment opportunities for peoples and we will have our own model of renovation which will be followed by other nation instead that we are following the model of some other developed nations. Let our nation become the leader and not the follower. We have the talent, resources, will power and everything which a nation requires to move ahead.

Social networking

A number of social networking sites exist on Internet today some of them international and other may be operating for a particular region. They basic purpose is same but their frontend, operational procedure and their applications differ. Many of us have even joined more than one site. Many users of these social sites even have not completed their profile on them or may be provided wrong information but may be very active user.

Also how do we make ensure that the personal information provided to these sites are not saleable/accessed to other persons. If the information is leaked from their what is the course of action to revert the mistake. Generally no one reads the terms & conditions mentioned in the agreement of these sites for the user registering themselves and they put some legal clause which gives them the right to manipulate the user information.

According to you which is the best social networking site.

orkut

ibibo

facebook

linked.in

If you think some other site then please mention.

Educational Loans

All public sector as well as private sector banks offer educational loans for the students aiming for higher education in foreign countries or in India, but due to global meltdown prospectus of jobs have declined, even peoples are getting pink slips and after finalisation of next central government the process of cost cutting will increase so what should be the precautions while you are taking loan. How do you know about it.

First of all it is very difficult to compare the rate of interest charged. It is common phenomena peoples think that private banks charges more interest but they provide loan and quickly without any hassles while government / public sector banks charges less interest but to getting loan from these banks is very difficult because of formalities involved and bureaucracy. Normally securities like your house, jewellery, fixed deposits, other assets are asked against disbursement of loan. In public sector banks may be you need to pay commissions (actually bribe) to the concerned authorities through the mediators.

Secondly are you sure what are the chances of placement after completion of course. What package you will got and what is repayment plan for loan availed.

Thirdly, does the bank offers any discount or charge interest as per availed period if you pay early or before completion of specified time period.

Frankly if you see all those things you will be not able to avail loan because it is a time consuming process and no bank will provide all this information. Actually when bank gives you loan, they shows that it is a obligation which irritates every person availing loan because he is paying interest and giving loan is a investment by bank so why they shows that it is a obligation?

Send me your views on same.