Wednesday, February 26, 2020

WHAT IS FORGIVENESS?


Forgiveness simply mean not letting negative events of the past define how you feel about someone/something in the present. Forgiveness increases feelings of happiness and decreases feelings of anger and grief. It helps alleviate anxiety and depression and makes you less self-conscious or insecure around others. Forgiving should not be mixed with forgetting. You can forgive someone and still remove them from your life. Forgive for your own sake and move on with your life. Carrying bitterness is like holding onto anger towards yourself or others, which weighs you down like a chain hanging across your shoulders. It drains energy, increases stress. Forgiveness is a purely psychological process and doesn’t necessarily have any real-world repercussions. Forgiveness is not as easy as to say. It’s not a cure-all process.

There are times when you forgive someone and still in future finds it difficult to deal with them or prefer to avoid at all cost but that’s very normal. Dealing with the situation can make you go through the forgiveness process all over again. Generally, people who do hurtful things, because they are hurt themselves. If we look for some explanation of their motivation by separating the action from the person, it’s possible that we might get to understand their perspective better. Whether the reasons are true or not is another point of discussion. Basically the point is that no one thinks they’re evil, everyone feels justified in what they are doing, otherwise they wouldn’t do it, simple! Without understanding someone’s motive, it’s impossible to understand them. And when it comes down to it, forgiveness is ultimately a form of empathy*. It's the utmost difficult thing to do but also one of the most important human skills. Empathy is one of the only things that separates us from animals as it gives us a foothold into morality. It’s important to let go of the emotional attachment that have developed around hating the person’s guts for so long. Let the hatred and anger wash away, let the visions of revenge and misfortune die. It’s not helping anyone, especially not you.

But when it’s we who had done something wrong, we tend to repent in shame and guilt for ever doing. How do we forgive ourselves?
Past regret can take us through a different range of emotional states. One side of the spectrum is the dark lament where we repent and feel how flawed we are. But the other side of regret is the light that shines, guiding us to a better understanding of ourselves and ultimately accepting our flaws. The slow burn of a regret carries on for years is really like a death by a thousand tiny cuts. Forgiving yourself is important so that you can move on in life. We struggle to empathize with ourselves or to have compassion for ourselves. To do that might take years of hard work towards self but once you do there is no looking back. Instead of focusing on the past of who you were, focus on the present/future of who you could be.

* Empathy means to take whatever pain motivated that person and pretending you’ve gone through it yourself and then deciding what you would’ve done in the similar situation.

Tuesday, February 25, 2020

About CAA and NRC


The Citizenship Amendment Act, 2019 was introduced and passed by Lok Sabha on Dec 09, 2019 and by Rajya Sabha on Dec 11, 2019. It amended the Citizenship Act of 1955* by providing a path to Indian citizenship for illegal migrants of Hindu, Sikh, Buddhist, Jain, Parsi, and Christian religious minorities, who had fled persecution from Pakistan, Bangladesh and Afghanistan before December 2014. It exempts certain areas in the North-East from this provision. In 2016, a Bill was introduced to amend the Citizenship Act, 1955. The Citizenship Act was amended in 1992, 2003, 2005 and 2015. In December 2003, the National Democratic Alliance (NDA) government, led by Bharatiya Janata Party (BJP), passed the Citizenship Amendment Act, 2003 with far-reaching revisions of the Citizenship Act. The amendment also mandated the Government of India (GoI) to create and maintain a National Register of Citizens (NRC). The bill was passed in Lok Sabha with 311 MPs voting in favor and 80 against the bill whereas it was passed in Rajya Sabha with 125 votes in favor and 105 votes against it. The National Register of Citizens (NRC) is a registry of all legal citizens, whose construction and maintenance was mandated by the 2003 amendment of the Citizenship Act. Currently it is implemented only in Assam, but is expected to be implemented for the whole of India by September 2020.

The BJP restated its commitment to amend the Citizenship Act in its 2019 election campaign. After the elections, the BJP government drafted a bill addressing the concerns of northeastern states. It excluded Arunachal Pradesh, Mizoram, Nagaland, Tripura, Meghalaya and Manipur, except for non-tribal cities exempted under pre-existing regulations. It also excluded some tribal areas of Assam.

Exclusion of Communities:

·         Muslims from Pakistan, Bangladesh and Afghanistan are not offered eligibility for citizenship under the new Act.
·         The Act does not mention the Hindu refugees from Sri Lanka.
·         The Act does not provide relief to Tibetan Buddhist refugees, as they remain refugees and do not have the right to acquire Indian nationality.
·         The Act does not address Rohingya Muslim refugees from Myanmar. The Indian government has already been deporting Rohingya refugees back to Myanmar.

*The Citizenship Act, 1955 regulates who may acquire Indian citizenship and on what grounds. 

Friday, February 21, 2020

Millennial's Borrowing Trend


Millennial age came during the time of transition in both the economy and in the landscape of higher education. College costs have risen significantly, four-year college increasing 68% since the 1999-2000 academic year. Most of the millennial start their working lives with a lot of debt. The sad reality is that debt is a modern-day necessity. According to the YouGov-Mint Millennial Survey, levels of indebtedness for millennial are not alarmingly high. Certain reports suggests that 23% millennial in India borrows for travel and lifestyle expenses with an average frequency of repeat loans is 60 days. Reasons can only be explained by easy access to borrowing, along with low levels of financial literacy.
Still the data is not fully reliable as there are many other factors which are to be taken into consideration also there is a different side of story where millennial are much more financially savvy and starts investing in a year after working.
The research shows that 70% of the loan are repeated with an average frequency of 60 days. 57% of the millennial prefer to borrow for the period of one month or less whereas 29% for three months and 14% for six months. The major chunk of loan goes to medical expenses which is ~31%.


Metro ranked in order of credit demand:

1. Bengaluru
2. Mumbai
3. Hyderabad
4. Delhi
5. Chennai
6. Kolkata