January 2023

Beware! Govts do default on pension liabilities

Financial, Governments, Personal Finance, Press / By /

Employees who are taken in by the promise of old pension scheme could do well to learn from Gandhi ji. In 1942, while the II world war raged, the Cripps Commission made a vague promise of granting Dominion Status after the war was over, if Indians would support the war effort. “I refuse to accept a post dated cheque on a failing bank” Gandhi ji responded. Politicians who are making the promise of restoring the “Old pension scheme” know that they will not be around when the time comes to actually pay the pension. They are just looking to save on making the employers contribution to NPS. The demand for the “Old Pension Scheme” explained through a Fable in Harsh’s article in Business Standard

Beware! Govts do default on pension liabilities Read More »

Leader in tech, laggard in succession systems

Banking, Financial, Personal Finance, Press / By /

India’s ultra modern banking system with global class technology has a creaky antiquated succession system that is causing immense hardship to family members trying to get access to a deceased account holder’s funds. Harsh’s article in Business Standard talks of what needs to be done bring the succession systems on par with the ultra modern technology systems of the banks. your comments welcome as always.

Leader in tech, laggard in succession systems Read More »

Never let the fear of failure stymie you

Press / By /

Harsh narrates, how an incident in his friend’s life taught him that the feeling of lifelong regret can be much harder to bear than the immediate fear of rejection. He learnt to calculate the cost of the failure rather than live a less enriching life bogged down by the fear of failure. If this feeling resonates do share your own experiences as well.
Wish you a healthy & fulfilling 2023.

Never let the fear of failure stymie you Read More »

Scroll to Top