Get subscribed to our newsletter
Get interesting updates to your email inbox.
Professional studies and surveys for gathering social data are an essential service towards sustaining democracy and making fair, enlightened governance and genuine development possible. Autonomous and transparent research is the best safeguard against inadvertent or deliberate bad governance. Scientific, non-partisan research is truly the third eye of governance, writes N. Bhaskara Rao, a pioneer of social research in India, in a new book which he argues that if the impressive recent mantras about development and progress are also backed by applied social research, India can reach new heights in democracy, development, and governance.
“Research methodologies based on field surveys in any specific context require consideration of certain important factors in order to ensure the reliability of their results, Rao, the Founder Chairman of the Centre for Media Studies (CMS) and of Marketing and Development Research Associates (MDRA), writes in “The Third Eye of Governance” (Speaking Tiger), adding these include, apart from intelligent, scientific sampling, the credentials of the researchers and their familiarity with the respondents.
Pointing to the lacunae that exist in the system, he says “there is an urgency in the country to reverse the trend of the past decade so that independent research, assessment, and evaluation of public policies is not on an extinction course” in the book, which is subtitled: “The Rise of Populism, Decline in Social Research”. Lamenting that most public news media today “are either sponsored or supported or at a function at the behest of an interested stakeholder”, Rao says data and statistics in the context of governance “must acquire their sanctity back”.
“All this is possible only when we have a national policy on ‘research culture’. The policy should especially indicate a space for social science research, more specifically in our national pursuits and the trajectory of democracy, development, and governance,” the author maintains. The researchers, he asserts, should not have any links with those in power, “so that they are not, or are not perceived to be, biased either willingly or due to any coercion”.
Other factors also need to be factored into the process, for instance, “the competitive scenario in the political campaigns which may result in ‘bandwagoning. There is also the possibility in some cultures of respondents being reluctant, for reasons ranging from fear to suspicion, to share with strangers their opinions on sensitive issues, especially political issues”. “They may not give clear answers to questions, or may even give answers contrary to what they feel or believe. And yet, such responses are routinely taken more seriously than they should be,” Rao contends. Admitting that the much-needed corrections, revamping, and renewing cannot be done by the government alone, the author says “governments must be concerned and take initiatives more seriously, with a holistic outlook”.
Holding that the government’s ‘Control and command’ view is the very antitheses of a healthy research culture, Rao says civil society and active citizens have stakes to ensure that research in the country plays an objective and proactive role. “In fact, they should be more involved in the social audit of research, particularly social research in the country in specific contexts. The role of mass media and social media is unique and is a double-sword. It can save research from its fall from sanctity and credibility.
“The professional bodies, associations, and councils must ensure that they do not come under moral questioning. They should take proactive initiatives such that there is no government intervention in research practices. They must have certain restrains regarding professional standards, ethical concerns, and in bringing transparency to any conflicts of interest,” Rao maintains. Thus, he writes, a three-pronged effort is needed to restore and revive research to its pride in India’s growth path. First, the role and relevance of research need to be reiterated and made evident to decision-makers at the highest level. They should become sensitive to criteria for research and to what or how independent research is different from sponsored or supportive research.
Second, some transparent regulatory mechanism is essential in the research architecture of the country, not through government control and centralization but by combining voluntary and self-discipline obligations such as professional validation, a social audit by independents, etc., and in a balanced manner. Third, promotional campaigns for inculcating research culture or understanding data sensitivity are crucial. Awareness of basic desirability to identify the virtues of research, data, statistics, and analysis is important. This has to be the responsibility of multiple stakeholders, not just of the government.
In a democracy, Rao writes, the role and relevance of research are as significant as any of the pillars of the state, particularly the Fourth Estate. “When research culture is ingrained in a society, the ‘We, the people’ credo of the Republic of India is consolidated in reality,” the author states. “Transparent and independent research can be a reminder of the vibrancy of the institutions of the state, and government agencies and institutions can reliably and credibly implement policies,” he adds.
Thus, the present government, should, “in its own interest, restore the healthy tradition of Independent India’s early decades and facilitate, support, and sustain good and impartial research. The leaders at the top should express their belief in research and not only acknowledge-which they rarely do but also share the knowledge gained from impartial research findings. They should welcome independent research inputs for important national schemes and policies while pointing out any deficiency in research as and when it comes to their knowledge”, Rao writes.
The government should also not depend on anyone source for research, particularly when evaluating major schemes like MNREGS, Mudra, or Swachh Bharat. “The government can identify specialist agencies for research within the government or outside to assign a particular responsibility based on their expertise and experience. The government should also not put all its bets on any one source or research methodology” as “over-reliance on one method of getting feedback backfires. We need to develop alternative ways of measuring the same thing,” Rao writes. He also depreciates the phenomena of fake news sweeping across the country today “with rumors swaying and sweeping people’s sentiments”.
“Is word of mouth relied on more now, despite the proliferation of mass media? Has the agenda-setting moved from mass media to social media and to rumors? This situation is because there is a greater concern with image, ratings, news management, and consensus-building than with motivation, persuasion, and involvement.
ALSO READ: OTT Projects Based On Books
“Instant ‘surveys’ are sweeping all across the country rather than KAP (Knowledge, Attitudes, Practices) studies on experiences or beliefs or behaviors. Instant surveys have gained more traction as they fit into the round-the-clock news model. Only in-depth social research unfolds the psyche and yields lasting options,” Rao maintains.
The book leaves you with a sobering thought: “Why is the learning of lessons from what the Tata Foundation did in 2018 to promote credible and reliable research in public policies limited only to the Indian Institute of Technology, Delhi, or to Wipro or Infosys? Such funding and parameters for research on public policy formulation should also be emulated by other foundations in the country.”
Is anyone listening? (IANS/JC)
By- Blogger Indifi
EMI is known as equated monthly installments. It is a fixed payment made by the borrower each month to repay the loan amount. The EMI is divided into two loan components. One is the principal amount, and the second is the interest amount. Whether you are applying for a personal loan, business loan, home loan, car loan, or education loan, EMIs are easy to calculate using the EMI loan calculator.
Three parameters based on which EMI calculator works:
- Loan amount.
- Repayment tenure.
- Rate of interest (offered by the lender).
Factors that affect the Loan EMIs
Above, we have discussed the main parameters on which loan EMI is based. Here are the factors that affect the EMIs.
Changes in the loan interest rate: There are three loan interest rates -- fixed, floating, and hybrid.
When an interest rate offered on a loan is fixed, in that scenario, there are no changes in the EMIs.
A floating interest rate is linked to the marginal cost of the fund-based lending rate and can change the loan EMIs. As the rate is flexible, it keeps changing per the repo rate.
Follow NewsGram on Facebook to stay updated.
If you have taken the loan on a hybrid interest rate, the interest rate is fixed only for a particular tenure. After that, it is on MCLR to decide the interest rate, and based on the determined interest rate, the EMI changes.
Tenure: When you opt for a loan transfer from one lender to another, there may be a possibility of change in the loan tenure. It will also bring changes in the EMI calculations. If the tenure increases, it will decrease the EMI. In case the tenure is reduced, EMI will increase.
Sample loan chart of a business company Image source: wikimedia commons
The loan amount of repayment is also a reason that affects a loan's EMI. If you make a loan prepayment, it reduces the outstanding principal amount, based on which the EMI amount or tenure is changed.
Benefits of using an online EMI calculator:
- Find out exact EMIs to be paid monthly for any loan.
- Saves time.
- Get a detailed overview of loans applied using the amortization schedule.
- Plan your monthly finances well in advance.
You can set multiple schedules and loan tenures. After a detailed schedule comparison, choose the one that suits well with your financial requirements.
Significance of loan amortization schedule in EMI calculator
A loan amortization schedule data shows the EMI break-ups. It shows how much EMI you need to pay for interest and what you will pay as the principal amount. It is one of the most significant advantages of using the EMI calculator. The EMIs that you pay as principal will keep reducing the loan's principal amount. It will also result in decreasing the interest amount. You will get to know all these things when you use the EMI loan calculator frequently. The amortization schedule is one of the essential features of an EMI loan calculator that helps design the proper prepayment schedule.
The different types of EMI calculators
Home loan EMI calculator
Home loans are one of the most popular and common loans applied for in India. It has a long tenure and a sizable principal amount. Whenever you apply for a home loan, it is essential to do all the EMI calculations in advance. There are various home loan EMI calculators available online with every home loan provider. All that is required to calculate the EMI is the loan amount, tenure, and interest rate. Using a home loan EMI calculator can help you easily plan your finances.
Business loan EMI calculator
Like home loans, business loans also come with a massive principal amount and longer tenures. So, using the business loan online EMI calculator is a smart way to calculate the business loan EMIs. Requirements are the essential loan details, such as repayment tenure, interest rate, and the loan amount. Online, equated monthly installment is automatically calculated at the lender's website.
Personal loan EMI Calculator
Personal loans are multipurpose. It is the reason they are considered as the most applied loan to meet immediate financial requirements. For choosing the right loan amount, you must use the personal loan EMI calculator. It will help you to choose the best interest rate loan offer and tenure. Try to go with the shorter term to pay less interest on the principal amount.
Sample of External Loan amounts Image source: wikimedia commons
Education loan EMI calculator
Education costs increase each year and can cause financial strains on a family. If you are planning to send your child overseas for higher education by applying for an education loan, at that time, the EMI calculator proves to be the best online financial tool. It will help you to decide the right EMI amount where your daily expenses remain unaffected.
Simple interest loan EMI calculator
An EMI calculator is used to calculate the simple interest applicable on the loan amount for a specified tenure. It is one of the most accessible financial tools. All that is required is tenure, a simple interest rate, and the borrowed amount. After that, click on 'calculate' to know the exact EMI to be paid.
Loan against property EMI calculator
If you have any residential or commercial property registered in your name, you can apply for a loan against the property. It is a kind of secured loan, where the property is kept as collateral. To understand how EMI works under this loan scheme, use the loan against the property EMI calculator.
Overall, EMI loan calculators are one of the best financial tools to compare varied loan offers. It provides a clear picture of the total cost of the loan and respective EMIs to be paid monthly. Online EMI calculators are available on every lender's website; whether you are applying for a business loan online, home loan, car loan, personal loan, or any other loan, using the online EMI calculator can help. Just with a click of a mouse, you can keep control of your financial life.
The online EMI loan calculator has been programmed with the formula based on the loan applied. There is no need to worry about the accuracy of the result. All that you are required to share for the calculator to do its job accurately is the right amount, tenure, and interest rate offered by the lender.
Disclaimer: (This article is sponsored and include some commercial links)
The symbol of Swastika is known to signify peace, prosperity, and good fortune in the religious cultures of Eurasia. In fact, this symbol is considered very significant in Hinduism, Buddhism, and Jainism. But, at the same time, it has become one of the most misunderstood religious symbols and has been globally banned in many countries.
The reason why the symbol of Swastika is banned in many countries is because of its association with Adolf Hitler's extreme political ideology, Nazism, as Swastika as its official symbol.
Austria, France, Latvia, Spain, Germany, and Russia are amongst the many countries that have banned the display and use of the Swastika.
Moreover, last week Victoria in Australia is preparing to become the first-ever state to ban the public display of the Swastika. This is a step towards an expansion of anti-vilification laws in the state.
Representation of the Swastika on the flag of Adolf Hitler's Nazi Movement.Photo by Flickr.
Now, we must know and understand what went wrong with this symbol, which is sacred and signifies all-good things.
For a very, very long time, in India, the Swastika is the first emblem that is worshipped or even drawn before any sacred and auspicious ceremonies as this symbol in Sanskrit represents 'well-being'. But, the Swastika lost all its credibility when it was wrongfully used by Adolf Hitler.
In fact, it is believed that if this symbol is worshipped properly, then it gives positive results. But if it is abused, then it gives negative results. So, when Adolf Hitler rotated the Swastika at 45 degrees, it slowly and steadily brought misery not only to Adolf Hitler and his theory of Nazism but also to all the people who were associated with him.
Therefore, in order to give the kind of respect and credibility which the Swastika deserves, World Interfaith Harmony Week which was held in New York in February this year, interfaith groups appealed to the United Nations to recognize and acknowledge the Swastika as an important and peaceful symbol. In fact, they also differentiated it from the Hakenkreuz or "Hooked Cross" of Adolf Hitler.
Keywords: Swastika, Symbol, Nazism, Hinduism, Adolf Hitler, United Nations, Buddhism, Jainism
India celebrated a historic day on August 7, as 23-year-old Neeraj Chopra became the first Indian to win an Olympic gold medal in athletics. In the men's javelin throw event, he achieved his greatest triumph, throwing the javelin 87.58 meters on his second try.
Neeraj Chopra was born on December 24, 1997, in Khandra village in Haryana's Panipat district. He grew up in a Haryanavi family of farmers. He is the brother of two sisters. He graduated from Dayanand Anglo-Vedic College in Chandigarh and is now enrolled in Lovely Professional University in Jalandhar, Punjab, pursuing a Bachelor of Arts degree. Chopra was bullied due to his obesity as a kid, which prompted his father to enroll him in a nearby gym. He then joined a gym in Panipat, where Jaiveer Choudhary, a javelin thrower, noticed his potential and coached him. When the 13-year-old Chopra finished training under Jaiveer for a year, he was enrolled at the Tau Devi Lal Sports Complex in Panchkula, where he began training under coach Naseem Ahmed.
In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018. | Wikimedia Commons
Chopra's first international medal came in 2014, as he took home a silver medal at the Youth Olympic Qualification Tournament in Bangkok. In 2015, he set a world record in the junior category of 81.04 meters in the 2015 All India Inter-University Athletics Meet.
Since emerging into the public eye with a historic gold medal at the junior world championships in 2016, he has maintained a high level of performance, setting an Under-20 world record of 86.48m, which still stands. Gold medals in both the 2018 Commonwealth Games and the 2018 Asian Games are among his other accomplishments, including a first-place in the 2017 Asian Championships. In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018.
Chopra has also had his share of bad events in life. In 2019, he underwent surgery on the elbow of his right throwing arm, which kept him out of the game for almost a year. However, he returned more robust than ever. In November 2019, he went to South Africa to train from Klaus Bartoneitz. He spent the following year in India training at the NIS Patiala because of the COVID-19 pandemic. He was allowed to go to France with his coach after weeks of trying to get a travel visa.
Neeraj Chopra made history in the 2020 Tokyo Olympics by becoming the first Indian to win a gold medal in athletics. Also, it is worth mentioning that after Abhinav Bindra, Chopra is only the second Indian to win an individual gold medal.
Keywords: Neeraj Chopra, Olympics, Tokyo2020, Gold medal, javelin, India, Haryana