Posts

Showing posts with the label MYTH

SARASIJ'S BLOG

OIL BOND: ‘A DARK FINANCIAL LEGACY’

Image
  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 ...
Post a Comment
Read more
Image
  MYTHICAL CHARACTER-1   INDIAN ARMY BABA HARBHAJAN SINGH SARASIJ MAJUMDER Baba Harbhajan Singh, a soldier deployed in the Nathula pass in Eastern Sikkim has been guarding the India China border for the past 56 years. He is just like any other soldier. He takes two months a year off to visit his parents in Kapurthala district in Punjab, stays up at night for our safety, has promotions that he is entitled to (currently an honorary captain) and sends his salary home. BUT THERE IS ONE BIG DIFFERENCE, HE IS DEAD. He died 56 years ago. He got recruited as a soldier in Amritsar and joined the Punjab regiment. He was posted in14 Rajput Regiment. He participated in the India-Pakistan war in 1965. This was the first time in his life when he participated in any war. Later, he was transferred to 18 Rajput Regiment, and he worked very hard for the next 3 years in this regiment. In 1968, during Sino-Indo war, he was posted at the Nathu La mountain pass in Eastern Sik...
Post a Comment
Read more

Popular posts from this blog

Image
  REVIVAL OF ARVARI RIVER What a Leader, and People can do. SARASIJ MAJUMDER   REVIVAL OF ARVARI RIVER— Arvari river is a small river, may be the smallest, in the ALWAR,   Indian state of Rajasthan. The 90 km.   long river flows through the Alwar District of Rajasthan. It got dried, and   was revived in 1990. It remained dry for 60 years. The turnaround started in 1986, when people of Bhanota- Kolyala village with   the help of Tarun Bharat Sangha, managed by Rajendra Singh, constructed a   JOHAD, (earthen check dam) at the source of the dried river; following this,   villages that lay in its catchment area, and along the dried river bed, they also built tiny earthen dams, the largest being a 244 mt. long and 7 mt. High Concrete dam, most of them were in the Aravalli hills; eventually when the number of dams reached 375, the river started to flow again in 1990, after remaining dry for over 60 years. Villagers talk about Arvari's rebi...
Read more

OPERATION SINDOOR ||| ECONOMIC LOSSES OF PAKISTAN

Image
  OPERATION SINDOOR ECONOMIC LOSSES OF PAKISTAN SARASIJ MAJUMDER It will be difficult for Pakistan to come out of the loss it suffered in this 4-day KINETIC WAR, fought only in the airspace, involving Fighter Jets, Missiles, and DRONES as attacking weapons. Pakistan claims that J-10C jets, equipped with PL-15 missiles, were used in combat, and that they downed multiple Indian Rafale and other fighter jets. GOI has not accepted any loss of Fighter Jet. No image of Rafael lost is available. GOI is not declaring the HITS it inflicted upon Pakistan. Even then, I have pieced together the information and provided a picture. A. The expenses due to direct losses of HARDWARE may be divided into the following items: - 1.0 Fighter Jets: -- May be 10 Numbers. 4-F16 as a combat loss. 2 Nos. Mirage 2000 and 4 Nos. F16, possibly due to the hit it received when parked on the Air Bases. However, this figure could be more.   Pakistan's retired Air Marshal Masood Akhtar public...
Read more

SIR—WEST BENGAL ||| WHAT IS REVEALED

Image
  SIR—WEST BENGAL WHAT IS REVEALED SARASIJ MAJUMDER In West Bengal, during the Special Intensive Revision (SIR) process, massive irregularities have been detected in the 2002 voter list during progeny-mapping or identification of new voters based on the names of parents or relatives. Although the first phase of the SIR has ended, the Election Commission continues to cross-check and repeatedly scrutinize the submitted forms. During this process, information about these “logical discrepancies” has come to light, according to data released by the office of the Chief Electoral Officer of the state.   1.0 Names of fathers of 85 lakhs 1thousand and 486 voters are incorrect or mismatched, which accounts for 11.09% of the total voters. 2.0   For 24lakhs 21thousand 133 voters, the number of children recorded is more than six. 3.0 Major inconsistencies have also been observed in the age differences between parents and children. In 11 lakh 95 thousand 230 cases, the age ...
Read more