India is not poor anymore : not atleast the millionaires club

Who says India is a poor country?

Well see these facts ..........

India camE second to Vietnam in the growth rate of the number of High Net Worth Individuals (HNIs) according to the Asia-Pacific Wealth Report prepared by Capgemini and Merrill Lynch. India had an estimated 123,000 millionaires by December 2007, showing an estimated growth of 23 per cent the previous year.

However, the report released on Thursday, pointed out, "The growth in India's HNI population was the fastest worldwide and #8230; Last year, the combined wealth of India's HNIs rose 25.7 per cent to $440 billion." "Despite dislocations in developed markets, the number of HNIs in India grew at a faster rate than the global average," said Pradeep Dokania, head of global wealth management, DSP Merrill Lynch.

For the purpose of the survey, HNIs were defined as individuals with more than $1 million (Rs 4.6 crore) in net assets, excluding primary residence and consumables. However, the data does not reflect the latest financial turmoil witnessed in some developed economies and their impact on investment climate across the world, said Vaidyanath Ramaswamy, head-capital markets, Capgemini India.

Source : Yahoo News

www.ReviewFunda.com Your friends want u there

Hi ,

Most of the time, we dont have time to judge about a product, a service, a movie or a career decision, what we do then?
Well mostly we ask friends...........
I want to share a site ( created by myself) for you and our friends!!
www.reviewfunda.com Trust Reviews for Life : Share Feedback, reviews and ratings, ranked according to credibility and quality.

- Vijayanand is asking for Google Chrome review
- pmeenakshi wants your help in selecting a college and also more info about PICT College, pune

Join now , Ask questions, Get answers ....

India's most corrupted states : Survey

INDIA CORRUPTION STUDY 2005 TO Improve Governance VOLUME – I: KEY HIGHLIGHTS
The aim of India Corruption Study 2005 taken up by Transparency International India in alliance with CMS, is to sensitize the people of India against all-pervasive corruption faced on day-to-day basis by the Common Man in eleven public services in twenty major states. The study is by no means exhaustive, as some states and services have not been covered.
The other aim of the study is to recognize the good work being done in particular departments/States where corruption levels have decreased and to share those success stories with other departments. An effort has also been made to suggest how the department concerned can improve service delivery and reduce corruption.

Putting the states in order of rank of most corrupt states, Bihar Tops the list while Kerala is the least corrupt state in India.


#1 Kerala: All 11 public services considered for the study are ranked as the least corrupt in the country.
#2 Himachal Pradesh: Most services in the State are ranked as relatively lower corrupt in the country.
#3 Gujarat: Overall the State is ranked as less corrupt in comparison to other States. However certain services like Education, Land Administration and Judiciary are relatively ranked as more corrupt in comparison to others services in the State.
#4 Andhra Pradesh: Govt Hospital and Water Supply services are ranked more corrupt in comparison to other services in the State.
#5 Maharashtra: Municpal services in the State rank among the top five corrupt in the country.
#6 Chattisgarh: On the corruption index all the services in the State are much better ranked than the parent State Madhya Pradesh
#7 Punjab: PDS, Police, Judiciary and Municipal services are ranked more corrupt in comparison to other services in the State.
#8 West Bengal: Water Supply service in the State is ranked as the most corrupt in the country.
#9 Orissa: Judiciary ranks among the top four corrupt in the country
#10 Uttar Pradesh: Electricity, Schools and Income Tax figure high in the corruption rankings.
#11 Delhi: PDS in Delhi is ranked as the second most corrupt in the country
#12 Tamil Nadu: While over all the State ranks 12th on the Corruption Index, Schools,Hospital, Income Tax and Municipalities rank among the top corrupt in the country. This is surprising given that the State has one of the best health infrastructure and also ranks quite high on the Education Development Index.
#13 Haryana: Schools, Land Administration and Police figure among the top corrupt in the country.
#14 Jharkhand: On the corruption index all the services in the State are much better ranked than the parent State Bihar.
#15 Assam: Police is the most corrupt in the country. Electricity figures among the top corrupt.
#16 Rajasthan: Judiciary ranks among the less corrupt in the country
#17 Karnataka: The state ranks fourth on the corruption index because key services like Income Tax, Judiciary, municipalities & RFI figure among the top corrupt services in the country. However, Electricity & Schools rank among the least corrupt in the country.
#18 Madhya Pradesh: Despite initiating reforms in service delivery, the State still ranks as third most corrupt among States included in the survey. Only Municipal services are ranked relatively better than other services.
#19 J&K: Except Hospital & RFI, most other services rank among most corrupt in the country. Not surprising that it is the second most corrupt State.
#20 Bihar: All the services are ranked among the most corrupt in the country.

Source : CMSIndia Corruption Report

Bihar National Disaster : Donate Generously !!

Fellow Indians,

As you know we are in the midst of a national disaster at Bihar due to the havoc caused by Kosi river floods.
Here are some statistics which tells the story of the lives that have survived ..
- Prime Minister Manmohan Singh on Thursday declared the floods in Bihar as “national disaster” after conducting an aerial survey of the state’s worst affected areas.
- Over 2 Lakh people lost their homes
- Over 25 lakh people in 15 districts have been hit by the impact of one of the worst floods in recent memory with victims from these four districts making up 19.78 lakh.
- More than 20 lakh people and their houses, including a number of townships, 242 panchayats and 671 villages which lie along the new course of the river have been inundated.
- PM has announced 1000cr Rs. as relief fund.

Pictures telling the sad story:

Hopes drowned: One of the worst hit districts is Purnia where houses have completely submerged under water. People living here are facing a tough time. (PTI)

(Source : NDTV)



(Source : ZeeTV)

Why dont we take a step ahead and stretch out our hand to those who need food, shelter and even moral support.
If you cant help them with a physical presence, its our duty to help our countrymen in the crises they are facing which is considered to be the "World's Largest Evacuation".

The poor people including old men, ladies and kids are desparately waiting for the help ( medical relief, accomodation, food, shelter, search and rescue operations etc) from the government and government is made by people like you and me.

I urge you all to donate as much as you can to the Prime Minister's Disaster Relief Fund. You can pay through Cheques & Drafts if you reside in India. For NRI's there is an option to pay online.

More information on the donation can be found out here:
http://pmindia.nic.in/relief.htm

While sending a cheque or DD kindly send the form below too.


Form for Donations to PMNRF

Prime Minister's National Relief Fund

Form for payment through Cheques & Drafts

Cheque /Draft No : ____________________

Bank Name : ____________Branch :_________

Amount : _________ Amount in Words : ___________________________________

Kindly mail your Cheques / Drafts along with this slip.

All donations are 100% exempt under Indian Income Tax Act

Send in the cheque / DD to the following address:

PMNRF,
Prime Minister's Office,
PO Box No : 5411,
New Delhi 110011
India