Monday, May 3, 2010

Andhras have built Hyderabad. Is it fair to ask them to leave it now?

Hyderabad was a beautiful city built by Nizam on the sweat of Telangana villagers. One of the reasons Andhras eyed Telangana was Hyderabad- a ready made beautiful Capitol city. It was fifth largest city before AP was formed and it still is fifth largest city. If Andhras contributed to Hyderabad, it was not out of love for Telangana but was for the convenience of the rich Andhras that have made Hyderabad their home. Hydearabd is still growing but not from Andhras coming to settle but from the middle classes and forward classes of Telangana moving to the city for security and for services and livelihood, as the village economy in Telangana is all but destroyed by neglect of the ruling class, and failure of monsoons. Besides, nobody is asking anybody to leave any place. India is a free country and anybody can go and stay and pursue their livelihood anywhere in India. Hyderabad is a cosmopolitan city and people from many languages and all states of India call it their home. Also, this isn't a separation of people like Pakistan and India. It is merely a separation of political and administrative machinery so people of Telangana can control their own destiny. The settlers are welcome to stay, contribute and share in the success of Telangana.

Aren't Naxalites the cause of Telangana's backwardness?

Only people that don't understand or like to conveniently ignore historical facts would ask such questions. Naxals aren't the cause of Telangana backwardness. They are an effect of Telangana backwardness. Naxals came up in Telangana due to this region has been subject to continues neglect and systematic theft of its resources.
If Naxals are the reason, then districts where Naxals activity is less should be more developed than those with strong Naxals presence. Then why is it that Mahabubnagar where naxals presence was low is further behind Naxals strong holds of Karimnagar, Warangal and Nizamabad?
Similarly, why is Vizag one of the important centers of Naxals activity is a flourishing industrial center not just in state but also in the country?
How is the Kothagudem thermal station which is in the middle of forested area able to complete its expansion under the schedule?
How is National thermal electric center in Ramagundam (even though its electricity isn't used for Telangana) operating without any problems?
How is the coal from Singareni mines being mined and sent to Andhra and Rayalaseema?
How are Andhra settlers that bought off locals are able to flourish safely and prosperously in many Telangana areas?
In Warangal forests how is AP rayons, a private factory, operating?
How are the cement factories in Nalgonda singareni coal belt, those established by the Andhra Capitalists, able to operate and make profits?
Who is responsible for the closure of Ajamjhahi mills, Sirpur sirsilk mills, Anthargam spinning mills, DBR mills, Alwyn factories, Republic forge, fourteen milk cooling plants? Didn't Naxals object to such irresponsible Government mismanagement?
If Naxals are the cause of Telangana backwardness, how is the current Government who promised to complete all pending projects within three years in Telangana going to do it?
The cause of 1969 Telangana revolution was the Governments partiality. There were no Naxals then.
Who doesn't know that the powers that are used to the stealing of Telangana resources and neglecting Telangana for the past 48 years want to continue to do the same, and are using Naxals as an excuse? Otherwise why would the Government that started talks as a response to people's wishes is throwing stones in the talks process?

Why didn't the Chief Ministers that came from Telangana area work to develop Telangana?

It is true that PV Narasimha Rao, Marri Chenna Reddy (twice), T. Anjiah from Telangana were Chief Ministers of AP. Altogether they were in power for 6-years in four terms. It is also true they haven't made any noticeable development of Telangana. Jalagam Vengal Rao was a settler. He never assimilated himself in Telangana. He is credited with the disservice to Telangana by extending Nagarjun Sagar left canal. Then what about, Rayala Seema? There were stalwarts from Rayala seems that were in power for twenty years. (N. Sanjeeva Reddy-2terms, Damodaram Sanjeeviah, K. Vijaya Bhaskara Reddy-2 terms, CB Naidu-2 terms). Why is Rayalaseema backward? Fact is they slaved for the Coastal Andhra wealth and the privileged few of these wealthy that control the politics of the state. Fazal Ali commission recognized the consequences of mixing a developed area with a backward area and recommended that Telangana be kept as a separate state. If this country's politicians had the wherewithal to listen to the wise men, we wouldn't be in this situation

Sunday, March 14, 2010

BOOK onDevelopment and Integration of Global Stock Markets: With special reference to India” VDM Verlag Dr. Müller, German Book Publishers, Germany.

HI..

I recently i published book on Development and integration of Global stock Markets: with specail reference to India' VDM Book Publishers, Germany 2010, March.

It will give simple overview of Global stock markets, focused on Indian stock market.
To see the Integration between India and Developed Countires used JJ co integration, Granger causlity, VECM.

this book helpful for beginers in the researchin the area of stock markets will give on idea about Global stock markets , particularly Indian market. Trends in Indian stock market, relationship with major markets.

this book will be helpful for gradutues , Master research students and who is interst to see the India Emerging stock market journey and their relationship with rest of the world.

happy reading and researching....

best regards,
Krishna Reddy Chittedi

Thursday, December 17, 2009

Telangana Cheaters and is it dream for telangana state?

Chiranjeevi and Chandra babu Naidu playing with corers of people life...when movement in strong in telangana, they told Jai telangana and full support for telangana…

Now when other regions strated United Andra, this two stupid’s (Chiranjeevi and Chandra babu Naidu ) supporting that, making people confuse and fools?.

In the telangana around 30 innocent people died, in the separate movement and Coastal Andra and Rayalasima people also died for the movement. In between innocent people dieing.

what I feel first all people should beat this leaders (Chiranjeevi and Chandra babu Naidu ) and go for the final settlement issue of telangana.

Telangana People are giving very genuine reason for separate state, I did not find any rationality asking United Andra? Every body knows this region completely neglected for decades. Firstly they agreed for the development but after that is it be done for this region all packages ? for Ex : Mulki Rules, Genttlemen Agreement , 610 Go, Special package to telanagana, and CM or Deputy CM post to telangana leader, all are violated. Telangana people cheating in every village , small town, and cities.

Telangana farmers and handloom viewers committing suicides, students not able to get proper education, if extreme case if they are educated also no job, because of regional biased or lack of political or economic strength. How many years we have to live under andra and rayalaseema leaders, you people do not want see us, smile on the faces of telangana people?.


We are not demanding your property? We can be like brothers, do not make people fools? Everybody should accept the genuine case and give state…

Jai..telangana….

Thursday, July 9, 2009

Volatilty of indian stock market and FIIs by Krishna Reddy chittedi

Hi..you can find my article on Volatilty of indian stock market and FIIs in IIPM Indian Economy Review.page 238

follow the this link,

http://www.iipmthinktank.com/publications/archive/ier/IER-dec-08.pdf

yours
krishna Reddy chittedi

Friday, November 28, 2008

Volatility of Indian Stock Market

Stock market volatility plays a vital role in the economic development as well as growth. Daily volatility is calculated as a standard deviation of the natural log of daily returns on the indices for the respective months. Volatility in stock prices in India, by and large has exhibited a declining trend except over certain months. The market may have turned riskier, messy politics could resurface, and oil prices are at a new high (but at present low); but nothing seems to worry local investors, who feel the index can go up further. Understanding volatility is therefore central to risk management in an economy. Asymmetry in stock market volatility has its own significance, which implies volatility rises after negative shock than positive shock of similar magnitude. If the stock market is efficient, then the volatility of stock returns should be related to the volatility of the variables that affect asset prices.
  • Reasons for the present slowdown:
    Historic crude oil prices, high inflation rates, weak industrial production data, RBI policies, political uncertainties and obviously the sentiments of domestic as well as FIIs influenced on the sensex volatility.

    The key benchmark indices ended lower as investors resorted to profit booking due to lack of positive triggers in the market

    Central banks across the globe warned that interest rates may have to rise as they look to keep inflation under control, despite the fact that economic growth is slowing in key nations such as the US and UK

    Investors dumped financials on concerns about the fallout from worsening global credit turmoil

    The global financial sector turmoil impacts sentiment in the local market and raises worries of more withdrawals by foreign funds.Presently, we can saw market plunging after the RBI announced further hikes in Repo rate as well as CRR both increased to 9%. Also, the serial blasts at Ahmadabad and Bangalore adding to the worries and enhancing the negative sentiments. And above all we can't see any positive trigger that can dilute the flow of negative news