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SARASIJ'S BLOG

NEWS & VIEWS|||SARASIJ|||4th APRIL 2026

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  NEWS & VIEWS|||SARASIJ|||4 th APRIL 2026 SATURDAY| VOL—V/2026/APRIL OPINIONATED, FOR FREE CIRCULATION. “ अकर्तव्यं न कर्तव्यं प्राणैः कण्ठगतैरपि । कर्तव्यमेव कर्तव्यं प्राणैः कण्ठगतैरपि ” ॥ *Meaning* : Whatever is not right to be done, must never be done even on pain of death; and what is right to do, must be done even if one should die for the same. * भावार्थ* : जो कार्य निषिद्ध है , उसे प्राण कण्ठगत (मृत्यु संकट उपस्थित होने की स्थिति) पर भी नहीं करना चाहिये। जो कर्तव्य है , उसे अपने प्राण की परवाह न करते हुये भी अवश्य करना चाहिये .   INDIA: (GOI, SWARAJYA, VISHWAMITRA, HINDU POST, INDIA TODAY). The central government’s decision to migrate 16.68 lakh official email accounts to Zoho’s cloud platform, at a total cost of Rs 180.10 crore, represents one of the larger administrative technology transitions undertaken in recent years. While this may appear to be a routine IT upgrade, the scale, structure and intent of the migration suggest that it is part...

OIL BOND: ‘A DARK FINANCIAL LEGACY’

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  OIL BOND: ‘A DARK FINANCIAL LEGACY’ SARASIJ MAJUMDER In March 2026, India completed the final repayment of its long out‑standing OIL BOND obligations, a cumulative ₹3.23 lakh crore liability that had stretched beyond two decades over multiple governments. With this last payment, a major legacy burden on the nation’s finances has finally been removed. But, before discussing ‘OIL BOND’, let us review the Global Oil Scenario of the first decade of 21 st   century. BACKGROUND: Global crude oil prices experienced a dramatic surge between 2005 and 2010—peaking near $147 a barrel in July 2008 before a sharp recessionary drop and subsequent recovery—driven by a "perfect storm" of rapid demand growth, limited supply, and financial speculation. KEY FACTORS CAUSING THE SURGE : Soaring Demand from Emerging Markets: Rapid economic expansion in China drove massive demand for transportation and industrial energy. China accounted for roughly 40% of the world's oil demand ...

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