Srikrishna Committee Report

COMMITTEE FOR CONSULTATIONS

ON

THE SITUATION IN ANDHRA PRADESH

REPORT

December 2010

CHAIRPERSON

Shri Justice B N Srikrishna (Retd.)

Former Judge, Supreme Court of India

 

Shri Vinod Kumar Duggal, IAS (Retd.)

Former Home Secretary, Government of India

MEMBERS

Prof (Dr.) Ranbir Singh

Vice Chancellor, National Law University, Delhi

Dr. Abusaleh Shariff

Chief Economist /Senior Fellow,

National Council of Applied Economic Research, Delhi

Prof (Dr.) Ravinder Kaur

Department of Humanities and Social Sciences, IIT, Delhi

The Inter State Council Secretariat (ISCS) provided full secretarial

assistance including technical and budgetary support to the Committee

 

Sri Krishna

 

MEMBER SECRETARY

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Best Stock Picks For 2011

2011: Stock / areas with expert tips to start the new year.

Here various stocks / sectors are considered on experts :

On commodities related stocks:
Thacker says, "I like the area because it is enjoying a good short-term momentum. I have people I bet on Hindalco and Tata Steel is showing good signs would today like to think. I think We strive for long-term stock price and try to get the last level of Rs 700 after watching. I think once that is, Rs 740, Rs 760 would be good short-term goals. I think well for the next few days they and the whole area should be well will do. "

Patni computers:

Tulsian says, "Investors have a long term horizon and that Rs 250 has been quite some time, he bought stocks to invest, I think he is not supposed to be any concern even if Patni brothers step out of the company comes in and I fold gate. So, my opinion is that it can live very well invested, it should not take phone calls a day to day price movement. For example, if we announced that the company has acquired I Get Rs 550, which may in part the non-fee and that will all be competing, you probably 30-40 bucks a sudden see the share price jump. It is most likely to Rs 500 can hit, but a long-term investors for investment criteria should not be. " 

Tulsian adds, "is another part of the question, especially for the investor I might be apprehensive about the gate because for each each management investor perception could take a call. I do not think I gate, no doubt they were going for a big acquisition, maybe this time they did that they are receiving double the size of the company to be a concern. But he All of the companies are growing. If you ignore this factor or if you manage to balance the i-gate the possibility of being invested with the company may have no particular reason then of course there is also a fundamental analyst Any advice. and then in that case to get out of stock since the company out of the fact that the Patni brothers are known to carry the investor is left with. So, my consideration or my free advice there is no harm in remaining invested. but in any event, investors fear, it just look for other ideas, because there are so many ideas may be available. For example, perhaps Mahindra might be a good fit, the current prevailing price could be if he is willing to go for the big guys. "

Tata Motors:

Thacker says, "Tata Motors for the last couple of months have been very well doing a lot of other stocks in the sector has been outperforming. But my concern is that the trend is looking a little tired . I'm not saying that the wider picture or technical setup is weak. but there are signs of fatigue in the share price movements are coming. So, if you look at indicators, they have begun to slump, they a situation which means that my sense of direction that the stock price will be a little wider consolidation has started to turn. So, if I am a new buyer, I will wait for some kind of improvement. "

Thacker adds, "I think last week we saw a significant share of Rs 1,250 to support an early hit. So that is an accumulation. The other one is strange about the level of Rs 1,200. Yes , then the range of Rs 1250-1200 a very good entry point might be the overall medium term, long-term chart is still remains very rapidly, the stock is still outperforming mode. but the next two to three months , someone to take it as a short-term trading, you get exceptional returns for the last couple of months as stock can be. but the picture is better. So, buy a good advice on the decline will be here. above, once the share price of Rs 1360-1380, the latest burst of speed you can see the level gets to come in. So, while the stock is good, a little here and enter can be more sophisticated. "

Arvind Mills to:

Tulsian says, "I'm quite positive on the next one year to the fabric. In fact, there are ideas that you people in the industry who are engaged in this, the next couple of years to be fast enough likely to be, whether you talk of spinning or integrated player or resources to talk to you, textile weaving, all the players really.

Tulsian adds, "Arvind despite running about 70-80% in the last 4-5 months can be done, I'm quite positive on the stock. My advice is that investors of one year time frame City's investment. When we were on the field for a year taking a positive attitude, be the ideal investment time. He is taking a year since the call, I do not think that there would be any point in making a value call. But even if he wants to know the price, target of Rs 100 as your mind can be placed. or if he or she is looking for 100 bucks 12 months can take a view should hold Arvind Mills. "

Kingfisher Airlines:

Tulsian airlines place overall is positive. As the leader in this field deals with Jet Airways. He says Kingfisher recently saw its debt restructuring is going ahead. "There's a lot of positive developments are taking place. We have been hearing that the preferential equity loan has been converted into pressure, so as part of the next move to find fresh capital, which take up a high considered for evaluation is likely to be or might be positive now common to see the aviation sector. taking that into account, Kingfisher Airlines is I do not really get much. "

He says if an investor has a six-month time horizons of 12, he certainly can stay invested. "I think the ideal time where we take up a good stock going in will be seeing. I got back this time frame, where investors take a call again and then get out on the levels of can think of about 90 rupees would be surprised to see the price moving. are more positive. If crude oil prices, U.S. $ 100, that certainly is a concern, but I'm presuming stay for the price of crude oil or hover within the range of U.S. $ 90-100 they should be able to care being to get out. But if the $ 100 it certainly a concern for aviation sector The theme will be, but right now that is not likely goes beyond. "

From a business point of view, Thacker is positive for various reasons. He says, "improving the stock price appears to have completed a leg. Price level sub-Rs 60 to Rs 88-89 levels fell about a very strong field. 60-58 bucks a very important support areas are bouncing back from those levels. There are still some steam left in stock price. I believe it highs of Rs 72-74 which made it a few days ago may retest. There are about 10-12% upside left in the stock price. in the short term to keep a positive bias, holding positions. "

आप 2011 में अपने पैसे कहाँ रखना चाहिए?

(रायटर) वॉशिंगटन - फेडरल रिजर्व और टैक्स में कटौती कांग्रेस से आ उत्तेजना के सभी, 2011 अमेरिकी अर्थव्यवस्था और अपने पैसे के लिए एक बैनर साल होना चाहिए, ठीक? जाहिर है, जब तक आवास, कमजोर राज्य बजट और dooms सब कुछ काम पर रखने की लगातार कमी में एक डबल क़ुतुबनुमे.

कि या तो / या स्थिति का सामना कर रहे निवेशकों के रूप में वे करने के लिए 2011 में अपने संसाधनों को तैनात जहां तय की कोशिश करो. हर मोड़ पर, वहाँ बहुत बड़ा अवसर और भयावह जोखिम भी हैं. कि स्पष्ट है और हर जगह का त्याग करने के लिए सुराग: अपनी दीर्घकालिक योजना और अपने उद्देश्य परिसंपत्ति आवंटन के साथ रहो.

लेकिन उस पार, वहाँ कुछ विषयों और मुद्दों है कि कैसे निवेश बाजार 2011 में प्रदर्शन करेंगे पर प्रकाश डाला सकता है. यहाँ कुछ विचारों और विशेषज्ञ विचार कर रहे हैं:

* कैलेंडर पैटर्न शेयरों के लिए एक अच्छा वर्ष सुझाव देते हैं. 1945 के बाद से, शेयर बाजार में समय की 100 प्रतिशत बढ़ी है जब पहली बार एक अवधि के राष्ट्रपति ने अपने तीसरे वर्ष में था मानक और गरीब है के अनुसार. (1900 के बाद से, कि यह आंकड़ा 81 प्रतिशत है.) 1900 के बाद से उन वर्षों में औसत वृद्धि हुई है और 1945 के बाद से 17.1 प्रतिशत. इसके अतिरिक्त, एक उत्तेजना का मौद्रिक नीति, तकनीकी संकेतकों और मौसमी कारकों सभी 2011 के शुरुआत एक खुश करने के लिए शेयरों में जगह बनाना चाहिए.

* दूसरी ओर, वहाँ कुछ बुरा संकेत भी हैं. ", संभव है कि यह बैल बाजार की उम्र बढ़ने और इस आर्थिक सुधार की सुस्ती द्वारा संचालित किया जाएगा" हंस ऑलसेन, जेपी मॉर्गन निजी धन प्रबंधन के लिए मुख्य निवेश अधिकारी का कहना है जो राष्ट्रपति पद के चक्र देता है.

और लिज़ एन Sonders, चार्ल्स (NYSE: SCHW) श्वाब में मुख्य निवेश अधिकारी और सह है, हालांकि आम तौर पर 2011 को तेजी, पर-the-शीर्ष उत्साह अब एक नकारात्मक संकेत के रूप में बाजार में साक्ष्य के रूप में देखता है. ", भावना का हर उपाय है कि मैं ट्रैक आशावाद की एक बहुत ही ऊंचा स्तर से पता चलता है कि तुम हमेशा के बाद एक तड़का हुआ चरण देखते हैं." वह एक पूर्व छुट्टी साक्षात्कार में कहा.

* स्टॉक्स को बांडों की तुलना में बेहतर प्रदर्शन की उम्मीद कर रहे हैं. बांड बाजार की व्यापक swaths भर में ब्याज दरों में स्कर्ट ऐतिहासिक lows करने के लिए जारी है, और इसका मतलब है कि वे ज्यादा से समतल या अधिक गिरावट की तुलना में वृद्धि की संभावना है. कि बांड की कीमतों को मारा जाएगा, और विशेष रूप से अब परिपक्वताओं के साथ बांड की कीमतों.

"हम निवेशकों को सलाह देते हैं अधिक वजन इक्विटियों, जबकि underweighting निश्चित आय," एस एंड पी वार्षिक दृष्टिकोण बयान में कहा. फर्म निवेशकों को सलाह दे रहा है 20 प्रतिशत करने के लिए बांड weightings या अपने पोर्टफोलियो का कम रखना है, और कम अवधि के बांड पर ध्यान केंद्रित.

 

* बॉण्ड बाजार सावधानियों एक अच्छा विचार कर रहे हैं. "यदि आप उपज के लिए अभी तक पहुँचते हैं, क्या तुम वापस खींच लेंगे एक खूनी स्टंप है" ऑलसेन कहते हैं. "भंडारों, विशेष रूप से, एक स्वास्थ्य से जुड़ी चेतावनी उन्हें साथ आना चाहिए."

ऑलसेन अपने बांड पोर्टफोलियो विविध रखने का सुझाव है और नगरपालिका बांड कि एक शहर या स्थानीय उधार प्राधिकारी द्वारा जारी किए हैं परहेज. ध्यान अपनी स्थिति सामान्य दायित्व बांड पर नगरपालिका बांड खरीदने, वह पता चलता है.

* चक्रीय सोचो. अगर, जैसा कि उम्मीद की वसूली जारी है, उन व्यवसायों कि अच्छी तरह से करते हैं एक विशाल अच्छी तरह से करना चाहिए अर्थव्यवस्था में करने के लिए. एस एंड पी के सैम Stovall, कि Industrials, सूचना प्रौद्योगिकी और विशेष रूप से सामग्री का अर्थ समूहों की सलाह स्वास्थ्य देखभाल और उपयोगिताओं की तरह रक्षात्मक क्षेत्रों? इतना नहीं, वे कहते हैं.

लेकिन जेम्स Swanson, म्यूच्युअल फंड निवेश प्रबंधन पर मुख्य निवेश रणनीतिकार का मानना है कि बड़ा लाभांश का भुगतान कंपनियों को भी अगले साल से अधिक निवेशकों को मदद करनी चाहिए.

* विदेशी निवेश अब भी तस्वीर का हिस्सा हैं. बॉब स्मिथ, टी. Rowe मूल्य अंतर्राष्ट्रीय शेयर कोष के प्रबंधक, उभरते बाजार के शेयरों पर चाव थोड़ी देर के लिए चल रहा है, लेकिन यह अभी तक खत्म नहीं है सलाह देता है. "हमें लगता है कि यह एक महान 10 साल के निवेश के अवसर है," उन्होंने कहा.

उभरते बाजार अर्थव्यवस्थाओं 6.4 प्रतिशत की दर से बढ़ने, अधिक से अधिक अमेरिका की विकास दर डबल चाहिए विश्व बैंक के अनुमानों के अनुसार. यूरोप और जापान अभी भी जोखिम का सामना है, लेकिन उनके लार्ज कैप स्टॉक अपने 10 साल के औसत से नीचे हैं, तो चयनात्मक निवेश वहाँ बाहर पैन सकता है, भी.

How Inflation Affects Dily Life

According to the rules of economics, inflation, the average level of prices for goods and services increased. In a sample basket of goods and services price changes to get the estimated figure due to the possible values for each and every product and service is not separately calculated is used to change. Demand-based supply-driven inflation and inflation: the inflation rate is mainly of two kinds.

Inflation induced demand: say, a year before you had money. 1000 100 products available in the market to purchase assuming you only buy these products man. A year later you have Rs. 5000 to buy the 100 items available in the market. What do you think the price of these items will happen now? Prices of these items will be 5 times longer on average. The event is called demand-driven inflation, as when too much liquidity chasing too few products. It says that demand outstrips supply.

Supply induced inflation: demand-driven inflation it really that important to contrast the lack of supply of goods or services is due. This means that the price of products will increase due to the lack of availability.

Recently RBI has taken several steps to fix inflation. Couple of times in key policy rates by the Reserve Bank has extended this year to rein in inflation, the demand side.

How inflation is measured in India ?

Each week, the Reserve Bank's inflation numbers come out with. The number one wholesale price index (WPI) is measured using known index. Wholesale Price Index average price level of goods traded in wholesale market. These are divided into different categories, namely. Primary (food articles, non-food items and minerals.) Articles, fuel, power, light and lubricants and manufactured goods. If the average price level associated with weight given to different categories are measured on a weekly basis. Percent increase for a base year with respect to the inflation rate is referred to as.

Government official wholesale price index for the base year to 2004-05 has shifted, first from 1993-94, and the items in your basket as many as 241 new items added. First there were 435 items. Importance has been changed. This inflation will help to achieve a more realistic picture.

For a commodity like wheat's wholesale price index calculated. Assume that the price of one kilogram of wheat in 2005 was Rs. In 2010 and 20 bucks. 25

2010 is the year for WPI of wheat,
(In 2010 the price of wheat - the price of wheat in 2005) / 2005 x 100 which comes out to be the price of wheat (6.10-5.75) / 5.75 x 100 = 6.09
Wholesale price index since the base year is assumed as 100, for 2010? = 6.09 106.09 100 Wholesale Price Index will be.

Inflation as the number an average increase in price level of goods and services, increase the cost of a good can not be real is correctly guessed. For example, if you want to estimate the increase in housing prices, inflation data will not be the right way. Housing prices have increased astronomically in recent years. Housing price growth expected primarily in the area will depend on location.

India's annual inflation food on September 25 ended 16.44 percent last week compared to 16.24 percent for the week dropped a tad. The index for fuel during the week remained stable at 10.73 percent.

Plan to combat inflation

1) If you are an investor primarily invest in bonds or fixed deposits, it is high time to reconsider your investment plan. Value for money as inflation erodes, higher inflation will ultimately lead to little real benefit. Under high inflation conditions, interest rates move higher returns which means new investors hope will get eaten. Therefore, it is advisable a long-term deposits or government bonds rather than short-term funds to put their money.

2) are of the same concerns, you should also get rid of long term debt funds. Interest rate increases, bond prices of bonds in the turn of the NAV (net asset value) reduces. Therefore, you short-term funds which is not very sensitive to interest rate risk should move to

3) to reconsider their investment decisions. Inflation increases, it is better to give better returns in the long term equity invest. Therefore, a long-term mutual fund investor, you better run by the skilled fund managers are investing into.

4) As interest rates move, it's better to invest in properties. It is expected that during times of high interest rates, property rates will come up.

5) In addition, it is important that you invest in different asset classes by your risk is diversified.