growth is putting enormous pressure on natural resources. Underground water,
which was available in abundance few decades ago is depleting very fast. Rich
peoples always find a short-term solution to avoid such problems without
thinking about long-term effect. First, they come up with above ground pumps to
store municipal water in overhead tanks and to use it 24 hours uninterrupted.
Due to which poor peoples were unable to get water. Later, when there was not
enough water in municipal water line, they start using submersible pumps.
However, no one think about its long-term effect on water table and its permanent
is going down very rapidly. In many villages, hand pumps are not working
anymore. You have to bore as deep as 200m depth to find sweet water, such
boring cost more than one lakh Indian Rupees. Poor’s and even lower middle
class peoples cannot afford such huge amount of money.
village in Mathura and Dori nagar in Aligarh, potable water crisis is
increasing day by day. Poor farmers and villagers are suffering daily. Daily
women have to walk for 2 km for sweet water. Submersible pumps with less than
200m boring are no longer working. If such scenario will continue for long
time, even plants will start dying causing double havoc for human being.
What is the
solution of this problem?
harvesting, reducing wastage of clean drinking water and using treated water
can be the solution of this grave problem. Without Government and NGO
involvement, this will not be possible. However, Government is giving slogans.
No concrete action until date.
Harvesting refers to the practice of collecting rainwater
from a roof or other surfaces and to use this water for different purposes.
Water collected is typically used as a non-potable source for uses such
as toilet flushing, urinals, and irrigation. If the water is treated it
can also be used as potable water for drinking, dishwashing or bathing.
If you waste money, you can earn it back. However, you do not have any such facility with time. I have seen people killing time when they do not have anything else to do as if they will recover that time back whenever they want!
Time is most precious thing because as of now, we do not have
any technology to reverse time or create time. Hence, use every second of every
minute of every hour of every day of your life properly. To use time effectively,
always carry some good books with you. Whenever you do not have anything else
to do, you can start reading books. If you find it clumsy then you can download
some books in your mobile and read it in your mobile whenever you have free
time. If you are not interested in reading, then watch educational and
motivational videos on YouTube. Meet peoples; call your friends and family
members in free time. Make new friends, attend seminars, functions and fairs.
World is changing very fast.
Everyday some new technology is coming in market. Keep updating yourself.
Whether you are a student, serviceperson or a businessman, it is equally important
for you to learn continuously about new ideas, technologies, politics, cultures
and religions. Utilise every moment instead of killing time in doing useless
things. Whether rich or poor, we all have only 24 hours a day. No one can buy
more time for himself. Hence, make most out of it.
Following are some time saving tips which can help you to save
Wake up early. Start with to do list.
Walk faster. When you do not have any goal in
mind you walk slowly. Always set your goals and try to exceed them.
While it is good to make friends, avoid wasting
time in meaningless gossiping, backbiting and sitting idle.
Plan before you start any activity. Rework waste
time, money and energy. Hence, always plan in your mind first.
Entertainment is important in life, however, do
not waste whole day watching movies or cricket matches on TV. Try some outdoor
games and creative entertainment for few hours.
Take good care of your health to enhance your
Try to live near to your workplace. Daily two
hours travel does not make any sense in long team.
Sensex is trading in the region of 43,000 points. A big correction was expected since the start of this year. That correction came in march-April 2020 and within few month, share market again reached its peak. Sensex is climbing higher and higher even after slowdown in GDP and many other negative news such as lockdown due to Covid-19 cases. It seems some players do not wants Sensex to go down and they are pumping money even on small positive news and ignoring negative news unemployment rate, falling sales and Indo-China border conflict.
There is a large disconnect between Indian economy and share market at this moment. Even a slightest negative news can make the market crash. Most of large cap stocks are already overvalued and market PE ratio is at its high, which is the very important indicator of valuation. In such scenario, small retail investors and new investors must not buy new stocks to avoid huge losses. Because stock market can crash anytime and wipe away all your hard earned money in a day or a week.
Wait for correction in stock market for few months before investing. Invest your money in less risky alternatives or keep it in your saving bank account for few months and just wait. If you are very keen to invest, invest through mutual funds which are less risky. To read my post about mutual funds, click here.