JAI HO! HOUDINI SINGH HAS US CONVINCED THAT FDI = REFORM

 

New Delhi….. We have a problem! There is only so much household silverware we can sell to earn money. This country needs a better class of governance, and FDI won’t give it to them!

 

Over the last few days we have had a slew of artbicles supporting/condemning this decision and the reasons for the same.. The folks who support the decision argue, validly in most cases, that the FDI will bring in a lot of global technology/best practices/solutions to our fledgling retail industry and those are the precise things we need. Those who oppose the FDI argue, equally validly in most cases, that these solutions will mean removal of a lot of human involvement in the industry and that will be catastrophic in the long run. These 2 arguments, in my view, form the core of the entire FDI debate.

 

I, for one, sit squarely in the latter camp. Last year I’d documented my reasons for opposing the FDI and nothing much has changed in my views since then. In the article below, I am trying to chart out an alternate reform policy than what is being practiced by the present government.

 

First, let’s recall how a country can achieve growth. As mentioned in my earlier article, growth depends on the amount of money that is available for investments and the quality and contribution of those investments towards the overall vision (indicated by return on equity). If one sees, one would agree that these are the precise arguments that are being made in favor of the FDI. Government is saying that a) FDI will bring in more money that will be available for investment and b) because of the fact that these will be private companies investing towards their goals, the quality of investment will automatically be high which will contribute towards the overall goal. The clauses of 51% investment back in back-end infrastructure and specific areas like cold storage are attempts in this direction.

 

I do agree that growth will come in the immediate future because of this policy. But before committing wholeheartedly to this path, let us ask ourselves these questions: a) Keeping the fundamentals same, is this the ONLY way for us to seek investment and b) Are these clauses the only way to get the maximum return on the investments we are making.

 

a)     Where do we get money for making investments in our economy?

 

Last night, our PM told us that Money Does Not Grow on Trees. I recalled that these are the same words my parents told me when I had got my 1st job and had encouraged me to plan my finances with prudence. However, along with this they also told me one more thing: MORE IMPORTANT THAN PLANNING FOR NEW WAYS TO EARN, IT IS IMPORTANT TO MAKE SURE ONE IS NOT SPENDING INDISCRIMINATELY. From what I know, I do not have a single friend/relative whose parents have told him/her anything different.

 

 We have a pool of money lying with us. A part of that pool belongs to individual citizens of the country (in the form of savings), a part of that is with business organizations (in the form of savings/liquid investments) and a part of that is with the government. Over and above that there is a huge pool of money lying with the external world (Foreign Investors). For the purpose of investing back in the country’s prospects, we can take contributions from all these sources.

 

In the below table, I have mentioned how each pool can contribute some money, and whether they WILL do it to begin with:

 

Source How will these contribute money for investments Will this succeed today? What we need to do to make it a success?
Indian Citizens Issue bonds for specific investmentsEncourage savings NO You and I both know that due to chonic corruption, the money you are paying in taxes is itself not getting used properly. Psychologically, the confidence on government to execute projects is at its minimum. This needs to be reversed. 
Indian Business Organizations (please note, I do not mean corporate India, but the regular Indian businessman) Ask them to invest in government schemes for investments and/orProvide business incentives like tax breaks/prolonged depreciation advantage for investments in priority areas NO Some of this is indeed present. But a regular business is hammered by high borrowing costs and low business confidence (due to a variety of factors, most of them our own doing). Also, a business will never invest 100% if it knows there are shortcuts where an equal benefit can be obtained by investing 50%
Government of India – by itself Borrow from Indians (2 points above)Borrow from external agencies (world bank loans etc)Print Money (monetary easing)Reducing expenditures NO Indians do not see any reasons to trust this government with their money. So they will not invest. (2 points above). Loans from the rest of the world looks ok, but that is dollar-based. With rupee getting cheaper by the day, actual cost if much more than documented cost. Also, we need to project an image that we don’t need external help. 

By printing money, we devalue our own rupee. It would lead to a diabetes like situation where the insulin of our own body (rupee in this case) will be ineffective and so we need to inject more insulin (print more money) to absorb blood sugar (pay for existing debt)

 

Reducing expenditures is one way, but that won’t happen immediately due to the subsidies we are giving and the upcoming social welfare schemes we are making. 

Foreign Investors They can invest in India like Indian Organizations, with a hope that they will make profits in the future. These rates of profits have to be higher than what they will earn in their own countries. Probably When a government is unable to extract investment money from its shores, it asks external investors. Like any investor, an external investor will invest only if he/she is guaranteed a higher rate of returns than elsewhere. This essentially means that we need to relax a lot of norms/give a lot of favors (like tax breaks etc) to have them come over.

 

As seen above, it looks like our government has give up all hope of getting any money from anywhere within India. I can’t help but think why!

 

To me, there is reasons why none of us in India are willing to invest in India are:

  • The past track record of the government in handling investments,
  • The relative inefficiencies of the Indian work systems as compared to the rest of the world and 
  • Higher taxes/inflation leading to lower savings

 

CONVERSELY, IF WE MANAGE TO CHANGE THESE 3 SITUATIONS, WE WILL AUTOMATICALLY START INVESTMENTS IN INDIA BY INDIANS!

This also ties pretty nicely with the fact that if there is good confidence that returns can be obtained; there will be no concerns with making investments.

 

b)     How to get better returns on or investments?

 

Anyone who has ever had any interest in making any money knows that efficiencies are the key to better returns. Ideally the more efficient one is in executing the plans, the better returns one hopes to get.

 

Sadly, we don’t practice that in India. Somehow in the last few years, WE HAVE STARTED BELIEVING THAT THE MORE MONEY ONE THROWS INTO THE BUSINESS, THE MORE MONEY ONE GETS OUT OF IT. That is like saying that gaining body weight is the key to good health for a malnourished person, even if one is gaining fat instead of muscles! You and I both know that gaining fat I key to getting diabetes!

 

So what causes inefficiencies in our country? Below are some of the factors I have seen working in life that reduces financial returns on paper:

 

What we hope to see to get better returns? What we get in present India? What changes we need to improve returns?
Indian businessman wants a good quality workforce Shop floor labor for small businessman is becoming inefficient due to welfare schemes like NREGA 

Experienced labor comes at a premium due to lack of alternatives

 

Colleges are producing employees of low quality 

Reforms to improve the quality of workforce in the country. This will directly improve the output of domestic sectors and with a degree of sustainability 

Make work language independent –  understand that same work can be done by anyone who is trained, irrespective of the language involved

Stable power supply for manufacturing/irrigation Nearly bankrupt power distribution companies, unreliable supply and a power policy that does not guarantee minimum power to those who need 

Existing power generation projects are stalled due to various types of oppositions

Modernization of Indian power sector from generation to distribution Better implementation of tariff rules, penalization for those who do not comply

 Incentives for renewable energy usage

 Phasing out of subsidies (in the form of supporting DISCOMs despite under recovery)

 Complete transparency in implementing policy/regulations

Innovation ideas that can tell any local industry of the way forward Complete disconnect between the academics and the industry 

Only innovation in business processes comes from foreign sources (FDI or returning citizens)

 

Over exploitation of tax treaties to obtain above average returns

 

Local sources of innovation not encouraged

Policy that encourage academic participation in Policy development/ implementation/ evaluation for the country Transformation from academic teaching to implied learning

 

Better connect of Indian industry with external world through forums/fairs/conferences

Competitive environment where those who work the hardest, smartest and with highest integrity earn the maximum wealth and where those who do not showcase these qualities lose the most. Bigger players in any industry colluding with the decision makers to change the rules in their favor 

Companies operating for years despite being declared insolvent and despite having violated each government norms

 

Complete absence of a sound and implementable bankruptcy law

Bring in Strict “Conflict of Interest” Law – relatives of those who can take decisions cannot be industry players and vice versa 

Remove political involvement in government agencies so that regulations can be enforces

 

Overhaul of the financials audit/liquidation industry – if possible, BRING IN FDI

 

Incentives for industry regulators to force liquidation when auditors raise doubts on business sustainability

Better and reliable infrastructure – roads for e.g. Development of infrastructure through Public Private Participation method which is tainted by corruption and cost/timeline overruns and low quality 

Destruction of roads due to complete lack of coordination among departments (like phone company digging up a new road)

Complete e-governance in infrastructure segment from order to procurement to billing to service Strict penalties on officers if the final contract documents/awards violate the spirit of the infrastructure policy

 Strict enforcement of contract SLAs

 A cohesive action plan involving coordination of multiple departments

Active involvement of small scale sector in government contracts/emerging industries Lack of clarity in tendering process means that existing vendors get the eligibility requirements tweaked in their favor 

Lack of funds in government departments causing Cash Flow crunch for their small vendors – leading to increased incentives to cheat

Complete implementation of e-tendering in all government institutions 

Sample certification of tendering processes from independent agencies

Law and order situation that encourages good behavior Immense red tape causing total dissatisfaction among small players 

Lack of competence in police/lawyers working in smaller areas

Benchmarking the no. of police/law personnel needed per lakh of population 

Establishment of huge training centers to retrain the present personnel – this will help both in skill improvement and in encouraging an honest dialogue among them

 

Invest in simplification of laws – entrust academic institutions to do that

 

No matter how I slice it or dice it, all the above problems are stalling an Indian entrepreneur but the government is bending backwards to resolve all of them for an external investor. This is exemplified in things like – One stop shop for all clearances, multi year tax breaks, cheap land allocations etc..

I can’t help but think why… WHY CAN WE NOT DO THIS FOR INDIAN ORGANIZATIONS? It is absolutely probable that once we help our own players, they will be able to do even better than external companies because of our local knowledge.

 

 

SO WHY IS THIS OBVIOUS SITUATION NOT VISIBLE TO OUR LEADERSHIP?

                                                                                                                                           

Following are the reasons why I believe we are going ahead in our growth journey the wrong way.

 

  • Complete lack of vision: Our leadership is gung-ho about growth. Growth of any country should be an output of all the good things it is going, and not the sole factor deciding all of it actions. WHAT WE WANT TO ENSURE IS PROSPERITY, GROWTH SHOULD TAKE CARE OF ITSELF.

 

To me, prosperity comes when the variance in income can only be explained by variance in hard work/innovation/sincerity/integrity. Then those who work earn appropriate returns.

 

How many times in the last year we have seen our PM or our FM harp about the importance of 8% or 7% growth? I have heard it quite a few times, and each time I heard it louder than the last. And how many times we have actually seen them meet targets on other parameters that will contribute towards ensuring that growth? I have never seen them meet targets on saving/defecits/borrowings/investments in the last couple of years at least. 

 

So have we not boxed ourselves into a situation where we have no option but to utter the words, “Money does not grow on trees”? Alternatively, is it not possible to concentrate on our actions better than how else we can generate more money to fill in the holes in our finances?

 

A country where leadership is clueless has no option but to become dependent on others!

 

  • Complete lack of imagination: People say that Indian IT (our biggest source of pride for a few years now) is itself a beneficiary of FDI policy of western nations, and so people like me are being narrow minded in their critiques. The way I see it Indian it professional improved the business processes of western countries WHILE SITTING IN INDIA. We have enough knowledge, experience, resources and foresight to know what is wrong with our industries.

 

I am not sure why we should borrow the success templates that have worked elsewhere without considering what made them tick. USA grew for decades continuously simply because it concentrated on its strengths rather than taking shortcuts from elsewhere. They had the benefit that they had no option (rest of the world was either war torn or was under colonial rule). IS THAT NOT THE SUCCES TEMPLATE WE SHOULD BORROW?

 

Competitive economics say that competitive advantage developed internally is more long-lasting than a tried and tested technique. It allows organizations and countries to realize their inner worth and helps them reinvent themselves in times of need. Coca Cola is still able to sell sweetened carbonated water even one century after inventing it.

 

I don’t think our leadership realizes it.

 

  • Complete lack of self confidence: Our country is blessed with immense entrepreneurial spirit. In Hindi we have degraded it by calling it Jugaad!

 

I really do not know why our leadership does not bank on our domestic industry to chart the future growth story of India. No one will hesitate in setting up a business to improve the situations in Indian industries IF IT WAS AS EASY TO SET UP BUSINESS AS IT IS IN US/WESTERN EUROPE? When it is becoming increasingly difficult for a small scale Indian enterprise to make its way in the economic environment, then why should it be equally easy for a large organization to set up business? It is no wonder that corporate India is in complete unanimity over the decisions. They know like the rest of us: what is wrong… and they have what the rest of us don’t have: a policy that supports them.

 

 

CONCLUSION  

 

Reform is an action that takes us into a prosperous future. Such a future has to be sustainable in terms of earnings and should provide us with sound competitive advantage over other economies of the world. I do not believe that the policy on FDI in all sectors can be called a reform. Such action is commoditizing the Indian economy and is leading us to a future where we will have short term growth, but will not have enough prosperity among Indians.

 

Alternatively, we have too many lower hanging fruits that we can pick. With sound vision and intelligent application we can transform our future to a much better one than what the present FDI action guarantees us. We have enough knowledge, experiences, resources and foresight to know what needs to be done. FDI is to be welcome only in cases where we have acute shortage of expertise as compared to the problem at hand for e.g. – financial liquidation industry

 

END GAME

 

If this was an event in isolation by our government, then it would have been still ok. The government, while encouraging FDI, is not stopping the indiscriminate social welfare schemes and fiscal profligacy that are causing both the loss of revenue and erosion of the quality of our manpower. This will only spiral into a future with higher dependence on the external world!

 

If you’ve never told your child/younger sibling/student/follower/someone who trusts you that “you are not good enough to make it on your own and so the only way to live is to tag along with someone with resources…”  PLEASE SAY THAT NOW.

 

 

  • http://softinfo.org jayesh

    hi ansum congratulation on KBC

    • Anshul Mishra

      Thanks for your wishes Jayesh.

      • pranav

        what are ur views about mr. Charu sharma? Is he qualified enough as a KBC expert?

        • Anshul Mishra

          Hi Pranav,

          I went into KBC wanting to give my best at each stage and let luck take care of the rest. I have absolutely no concerns with how it went as the experience was worth it and I came out a better person. As one goes deeper into one’s career one starts to pay less attention to facts and more to thoughts/opinions/analysis. I’s sure the same is true with Mr. Charu Sharma and I say that because the same is true with me. I fumbled on NASA related question while I am an Aerospace engineer. So pls don’t blame him.

          Anshul

      • Rahul Tripathi

        hello , how fdi will help to recover the indian economy…
        will this fdi help to reduce corruption of india…
        will the unemployment,population like problems are abolished or not…

        • Anshul Mishra

          Hi Rahul,

          FDI will not remove anything that is wrong with our company. It is only to ensure that the financial health of the country does not deteriorate further. That will happen because instead of us investing into or growth, external world will invest their money in our country in the hope of making profits.

          No one is actually looking at why our financial health was down to begin with, and the reasons are the same issues you have mentioned.

          I hope common sense strikes soon and we take corrective measures.

          Anshul

          • Rahul Tripathi

            hello sir thanks for your concern.
            why the indian gorvenment will increase sabsidi on the gas.and food product.ok if they are increasing this sabsidi who will take care of this extra amount of sabsidi. and who will be benifited our politician or indians ????

          • Anshul Mishra

            Hi Rahul,

            Subsidy is not bad when the government owns the idea of doing social benefit. In our country, that Idea is still valid and needed! You and I cannot ignore that there is a huge segment of population who are not as prosperous as the rest. Unless we do something about that, we will not be able to grow as this section will feel alienated and will resort to violence to make their ends meet. That is what is actually happening with the law and order situation deteriorating in the country.

            For subsidy to work, a government needs to have correct data capturing mechanism. That is, one needs to make sure the benefit reaches those who need it in the proportion in which they need it. That is where our system is broken and our politicians are making use of that. Personally, Aadhaar card was one way in which data capturing would have been streamlined but that is again being stalled by the politicians.

            So to answer your questions: who benefits from subsidy? In theory it is India that benefits if the benefits are delivered properly, but in practice politicians benefit as they know about the loopholes.

            Before i close… It is not an idealistic scenario where i am talking about subsidy to reach only the needy.. With a smart implementation of techology and empowerment of citizens, it can indeed be done.

            Anshul

      • http://www.amit4u.com Amit Bhatnagar

        You were gr8 on KBC…..

        Best Wishes for ahead for you and your Website…

        From :-

        http://www.amit4u.com

        • Anshul Mishra

          Thanks a ton Amit for the kind wishes!
          Anshul

      • Shazia

        Hi

        Anshul Sir can i have ur email id?

    • sapna

      Hay … g8 gog saw u on KBC ….

      Bst luck …for HUPAHAP

      • sapna

        dude now take this site ahead u become world famous ppl would like to join you on this discussion forum …….

        • Anshul Mishra

          Thanks Sapna… I am highly encouraged myself with the messages I am getting.. It is for me to meet the expectations now.

      • Anshul Mishra

        Thanks a ton Sapna for your kind words and for the wishes for the site!

  • sudesh

    just seen ur kbc show

    • Anshul Mishra

      Thanks for visiting the site Sudesh.

  • http://none Pradeep Sainani

    Well done…. I would add such analysis would be very useful if it’s complete by analysing how other countries have benefited by FDI ! If we can’t do due to various issues including corruption, can’t wait until its eradicated. It’s a process that takes generations, govern and bring FDI. World is moving towards globalization, strict nationalist feelings will keep India behind others. When we are ready, stop FDI…. or it will stop on ts own when Indians in India will have full faith & courage in the syste,. bring country to a comparative level like China, Korea……. Be Japan then talk what India can do…. Do we see much of FDI in Japan?

    Cheers.

    Pradeep

    • King

      Great analysis. I would like to add Pradeep, if FDI was the way to better future then England and lots of other countries would benefit, but in reality lots of small traders and local businesses and farmers and milkman are protesting in England and lots of other countries. Main reason was these small shops are unable to compete as they can fix prices against farmers and local businesses and compete them out of business. Why Japan and Germany survived is because they managed to get their own companies competitive before foreign companies came in. If you just want to get foreign companies in just for the sake of it then it’s different but it won’t help farmers or local businesses or milkman or small scale industries or small shops and in the end people in general

      • Anshul Mishra

        Dear King,

        Thanks for your feedback. I agree wholeheartedly with your points. The single biggest action that will improve the farmer condition in the country will be “Mandi reforms”. The farmers are squeezed the maximum in the entire chain in Mandis where they are under the pressure of middlemen who have control of he entire operation.

        I daresay, this is the biggest reform we need in Agricultural sector!

        Anshul

  • http://none Pradeep Sainani

    Well done…. I would add such analysis would be very useful if it’s complete by analysing how other countries have benefited by FDI ! If we can’t do due to various issues including corruption, can’t wait until its eradicated. It’s a process that takes generations, govern and bring FDI. World is moving towards globalization, strict nationalist feelings will keep India behind others. When we are ready, stop FDI…. or it will stop on ts own when Indians in India will have full faith & courage in the syste,. bring country to a comparative level like China, Korea……. Be Japan then talk what India can do…. Do we see much of FDI in Japan?

    Cheers.

    Pradeep/ Jakarta

    • Anshul Mishra

      Dear Pradeep,

      Thanks a ton for you kind wishes and your feedback on my blog.

      Yes, in society we have opposing points of view w.r.t. FDI and what you’ve said is very valid: we risk losing as compared to others if we go ultra nationalistic. I had not documented the history of other nations as a comparison as I don’t know those countries as well as I do. However, from my limited experience in working with top organizations in the world, I have learnt that there is nothing out of the world that they are doing (apart from a few organizations) and by that logic I realized that there is nothing extraordinary we have to do to succeed.

      There is no like-for-like comparison that we have for India except USA and China in geographical terms. No other country has such natural resources (for e.g. none of the western European countries nor Japan/Korea), favorable demographic profile and culture of science and maths. Due to absence of one of these things, many other countries were forced to develop their other strengths which gave tem advantage.

      FDI is not anti-national.. Discounting every other source of strength definitely is. As of right now, I do not think that FDI is going to help us with more prosperity in the long term.

      If its ok, I can try cover these followup points in another article. I’d love your feedback on the same. I may be wrong here, and if so I’d love to be proven so.

      How is it happening in Indonsia? Are they going to FDI route?

      Regards
      Anshul

  • http://amvaishnav.wordpress.com Ashok M Vaishnav

    A well-thought set of arguments where one can ‘see’ the emotional involvement with the process of building up the body of the logic!
    The politicians and bureaucracy, and for that matter almost all who operate in the domain of public service continue to explot the servile attitude of the common citizens as was being done in old feudal and / or colonial periods.
    Our mythology and history is replete with charachters who readily ‘sold’ the public interest, which they were support to guard, for a pittance.
    Our democracy has been fully exploted by the ruling class in terms of these two mindests that any India, dependinng on which side of the table he /she is.
    So, we are destined to get the type of rulers that we deserve.
    I recall here “India in slow Motion” by Mark Tully where in the authors prpose the hypothesis of poor governance for the ills of the Indian Soceity. However, what is more interesting conclusion that emerges from a multi-dimensional case studies is that poor governancce is the well-thought out conscious outcome so delivered that it apprears as the outcome even when all efforts to do the exact opposite have been put in.
    The solution obviously lies in putting those politicians in place of calling the shots who do postively and certainly deliver what they have ‘promised’tp de;liver.This is a tall order, but that is waht we can wish for under the present dispensions.

    • Anshul Mishra

      Dear Ashok,

      Thanks for you feedback and a wonderful insight into the world of decision makers. I will definitely go through Mr. Tully’s book and share my opinion with you.

      Though I agree with you on the larger point that our guards have been our biggest enemies, I somehow disagree with underlying cynicism that it is destined to be so. The way I see it if our confidence on our leaders is at its absolute nadir, it is because some of the independent agencies of our country viz: CAG/CVC/CEC/Supreme Court have been absolutely brilliant in executing their responsibilities. The future of India will only improve if all these agencies continue to do their work independently. No where earlier in our history did any of these agencies exhibit any amount of independence.

      I hope you agree with me that there is a lot to be happy about. People like you and I can do our bit to change, and the larger ecosystem is willing to accept those changes. For e.g., I see that children of unethical businessmen are willing to conduct their business ethically if proper incentives are given. I am more than optimistic of a better future, unless our leaders continue to be totally short sighted and devoid of any amount of integrity.

      Regards
      Anshul

      • Jasmine J

        Anshul, I came to your website after listening to you explain the word hapahap to Amitji!! Watching you on KBC right now (I’m in different time zone, it is being telecast here right now), will check out your site later. I have no background in finance/economics or IT, but was impressed with what you said about small industries and how their survival/success is crucial to that of big businesses and industries.

        Best wishes,

        Jasmine

        • Anshul Mishra

          Dear Jasmine

          Thank you for your kind words. I am trying to document my arguments in simple terms used in our daily conversations so that we are able to converse without the need for any technical knowledge. I am looking forward to your feedback on my opinions.

          Anshul

  • http://stramaxon.com/ Deepak Kamat

    Hey KBC6 Winner. Congrats 🙂

    • Anshul Mishra

      Thanks for your kind words Deepak!

      • Chandan

        congratulation to you win on kbc pati

        • Anshul Mishra

          Thanks a ton for the kind wishes Chandan ji!

  • http://no Gaurav Verma

    Hi anshul mishra mene aapko kbc me dekha tha ye aapne site batai thi

    My name is Gaurav Verma Jaswant Nagar Etawah

    I’m conputer network engi

    • Anshul Mishra

      Thanks for your wishes and for visiting my site Gaurav.

      Regards
      Anshul

      P.S. I have deleting your cell no. from your comment before approving it. I hope its fine as it would have been insecure to have number displayed like that.

  • FAISAL

    Liked ur blog, congrates for kbc particepation, impressed by your personality and qualifications.

    • Anshul Mishra

      Thanks a ton for your kind words Faisal. I am truly humbled.

  • Vishal nair

    you are saying that fdi is not= reform..but market is taking as a big reform and react very positive on it…what will be ur opinion on this?

    • Anshul Mishra

      Hi Vishal,

      Thanks for your feedback. I am not saying bringing FDI is not a type of reform.. I am just saying that it is one of the many options we have got and frankly, I see other options guaranteeing better prosperity for us. My concern is that our government has sold this idea that nothing else is possible because ‘Money simply does not grow on trees’.

      When it is becoming increasingly difficult for a small scale Indian enterprise to make its way in the economic environment (which the the key to economic success for any country), then why should it be equally easy for a large organization to set up business? It is no wonder that our business is in complete unanimity over the decisions and the stock market is sheering this. They know like the rest of us: what is wrong… and they have what the rest of us don’t have: a policy and a framework that supports them.

      I hope this helps. Pls let me know if you think otherwise. If i am wrong, I’d love to be proven so. 🙂

      Anshul

  • http://www.mastimagik.co.cc netking manish singh

    hey sir i saw u on show kaun banega crorepati .from their i got ur website its really good .and am from lko age 17. and mujhe bhi aapki ki taraf websites etc banae ka bahut sahuk hai my blog http://www.mastimagik.co.cc and on fb http://www.facebook.com/netkinmanish
    plz contact me soon!!!!!

    • http://www.mastimagik.co.cc netking manish singh
      • Anshul Mishra

        Hi Manish,

        Thanks a ton for visiting my blog. I just visited MastiMagic. Its really cool 🙂

        I will send a FB friend request to you. Pls accept.

        Anshul

  • Navneet Das

    aaj aap kbc mein aaye the

    • Anshul Mishra

      Hi Navneet,

      Yes it was me. Thanks for visiting the site.

      Anshul

  • dinesh

    Congrats for reaching hot seat !

    • Anshul Mishra

      Thanks a ton for your Kind words Dinesh.

  • ihtesham rana

    dear sir.
    i am Ihtesham i am from Pakistan. sir can you tell me about you. Dear sir can i friend with you if you don’t mind. i am waiting your responce.

    ihtesham rana pakistan
    rana.ahtsham@gmail.com

    • Anshul Mishra

      Hi Ihtesham,

      Thanks a ton for your kind words. I’d glad to be friends with you. Pls send me an invite on Facebook if its ok.

      Regards
      Anshul

  • S.Abdul Azeez

    Hai Anshul sir,
    My name is Abdul Azeez i am from Hyd. As i do not know about this site or about you. But when i was watching KBC TV Show i got to know about you.
    My request is to get some suggestions from your side regarding a knowledge and job.
    I completed B.E Engg from Deccan College Osmania University in 2010, then after i did a course called Mainframe Technologies from that time till now still i am searching a job.
    So i request you to suggest me to move forward in my life as it know i am struct in the middle of Sea.
    I am elder son and i am having 25 years but still i am asking a money to my father which i should not supposed to do.
    I will be hoping a suggestion/help which makes me to move forward in my life and to reach my destiny.
    Hoping you will be suggesting or helping in this and hoping your feedback.
    My number is xxxxxxxx
    email id: azeez096@gmail.com
    Looking forward to hear from you.

    • Anshul Mishra

      Dear Abdul,

      Thanks a ton for your wishes and your comment on my site.

      I am not from the software or recruitment side of the IT industry and so am not sure what works and what does not. From what I know, Indian IT industry prizes people who have completed professional certifications over and above their regular degrees. If its possible, pls try and complete some certifications in upcoming areas like Cloud technologies and that would really help you in your aim of getting a job with a reputable companies. The market for freshers is down, but it won’t be so for long! Also, you can get yourself enrolled in courses like GNIIT etc.. it will be a one time investment but i think they will guarantee a decent job on completion (this used to happen until a few years ago).

      I wish you all the best in your search. Please do not feel low. Nothing positive has ever come out from a depressed state of mind. I will pray for you.

      Regards
      Anshul
      P.s. I am deleting your cell no. from your post before approving it. I hope its fine as sharing this on the net could be highly risky.

  • Lakhinder Singh

    I find you are the most brilliant person I have ever seen on KBC however u were not able to win big price. It is unfortunate, I also find your above article also very great. I wish you all the best. and also hope you do some great work for our country.

    Best Wishes
    Lakhinder Singh

    • Anshul Mishra

      Dear Lakhinder,

      I am truly humbled by your kind words. You’ve appreciated me more than what I deserve as I did get a chance to be in front of you where as there are many more who cannot showcase their abilities.

      I do hope to contribute in my own ways towards our own country. Your wishes will encourage me for the same. Thank you for visiting my site and letting me know your thoughts.

      Regards
      Anshul

      P.S. I have deleting your cell no. from your comment before approving it. I hope its fine as it would have been insecure to have number displayed like that. I have kept it in my own records though 🙂

      • http://in.linkedin.com/in/devankataria Devan Kataria

        Hi Anshul,
        I agree with Lakhinder. Liked your attitude on the show. One of the good candidates so far on KBC. Congrats & I wish you had won the maximum amount to help support initiatives you foresee.
        Just visited your blog & will be going though it further.
        Like the word “hapahap” as well. 🙂

        • Anshul Mishra

          Thanks a ton Devan for your kind words. I am humbled by your opinion of me. Now it is for me to prove you right. The Hapahap way…. 🙂

          Pls do let me know your feedback. I am looking forward to it.

          Anshul

  • http://www.ahprinters.com ahprinters.com

    Hi Anshul,

    I’m in the UK and just saw you on KBC – Congratulations

    PS: Nice site I’ll keep an eye on it looks like a lot of interesting stuff here

    Regards
    Anit

    • Anshul Mishra

      Hi Anit.

      Thanks a ton for you kind words and for visiting my site. Pls do share your feedback on my articles.

      Anshul

  • Satish

    Hi Anshul,

    Watched you on KBC 6 on Internet from Finland. Myself working in an IT Company here.
    I liked your website , your views abt the current affairs and your presence tonight on the show. Keep it UP!

    Congrats and Good luck in life!

    Regards,
    Satish

    • Anshul Mishra

      Dear Satish,

      Thanks a ton for your wishes and your words of encouragement. They mean a lot!

      Regards
      Anshul

  • Smita Gupta

    Hey Anshul,
    I live in US and watched you on KBC just today. Thought I should congratulate you. You were among the smartest contestants on the show. I am sure you will go quite far in all your endeavors.
    Good Luck
    Smita

    • Anshul Mishra

      Dear Smita,

      Thank you for your wishes and your words of encouragement. I am not sure if I deserve such high praise as I was just one successful person among the many who try being there and I am sure there are quite a few who are much better than I am. 🙂

      Regards
      Anshul

      • Smita Gupta

        Anshul
        :-)), that is being humble, well let me add, smart not only by your brain, but also by how you carry yourself and your hindi was impressive. I sure miss that pure hindi and that accent around me here.
        Smita

        • Anshul Mishra

          Thanks again. I know what you mean about missing Hindi. I missed that too when I was in US earlier. I am actively trying to always speak in Hindi and I still am no where near where I want to be. My thoughts still come to me in English sometimes, but I hope to change that! 🙂

          • Smita Gupta

            Hey Anshul
            Would be nice if you have link to your website through facebook.
            If you can, please send me an invite on fb so i can just visit it from there itself. You can search me by my email address
            Thanks

          • Anshul Mishra

            Hey Smita,

            I was unable to locate you on FB and so have shared my details with you on email instead.

            Hope its fine.
            Anshul

          • Smita Gupta

            Not a problem, but sorry don’t see any email from you. don’t know why!!! make sure you typed my email address correctly.

          • Smita Gupta

            got it, never mind
            take care
            smita

  • Vivek Shukla

    Hi Anshul,

    Landed here from your Avatar on KBC and liked your confidence and clarity on the show. Congratulation. Must say, I haven’t read much since coming here, but your site appears to contain good analysis and I plan to come back more often to check out more on Finance.

    You have a fundu site name, and Thanks for speaking in rich Hindi on KBC. Please keep the Hindi going on similar occasions.

    Vivek

    • Anshul Mishra

      Dear Vivek,

      Thanks a ton for your wishes and for visiting the site. They have encouraged me a lot.

      My endeavor is to encourage conversation in the terms in our daily usage so that we remove the need for knowledge and bring in the need for common sense/logic in matters of importance. I hope you will like my articles. Pls share your feedback.

      Speaking in Hindi is pretty close to my heart. I am still not where I’d love to be with regards to my command on the language. I plan to improve it in the future as well 🙂

      Anshul

  • http://www.indiaeducationguidance.com vikram
  • http://www.indiaeducationguidance.com vikram

    One more tip for your site
    increase your site linking with other sites

    http://www.indiaeducationguidance.com
    http://www.maxnewinfo.blogspot.in

    • Anshul Mishra

      Hi Vikram,

      Thanks a ton for your kind words and your feedback on the site. If you have some tips on increasing site linking, pls do share. I work in IT industry but am actually not from technology side.

      I have seen your site and it looks cool!

      Anshul

  • http://www.indiaeducationguidance.com vikram

    Congrats to be in KBC
    Good Luck for future

    From
    http://www.indiaeducationguidance.com
    http://www.maxnewinfo.blogspot.in

  • fakhrul hoq talukdar

    ATCHA LAGA KBC MAIN AP KO DEKH KAR

    • Anshul Mishra

      Thanks a ton Fakhrul for your words of encouragement.

  • priti

    Anshul sir
    congrats for kbc.mujhe kbc se apki website pata chali.great website and good article.sir mai kbc selection k bare me janna chahti thi.would u pl help me?sir mai last 5years se try kar rahi hu.bt i havnt get even single call from kbc.sir apne kitna try kiya tha..pl share ur attempt.thank you.

    • Anshul Mishra

      Hi Priti,

      Thank you for your kind wishes and your words of encouragement.

      I am not sure how I can help you. With regards to KBC, I honestly felt it was more my luck than preparation that got me there. I did send SMSes (1st time I ever did that) and I gave my auditions in Bhubaneswar. I was one of the 3-4 folks selected from a couple of hundred folks there who were selected at random from about 20K folks who were selected at random from among the millions who sent SMS! Each person I gave my audition with had something unique to tell about himself/herself! Efforts can go only that far…

      I wish you all the best in your attempts to get there. If you manage to get into auditions (will happen only after they select you from sms you send) and needed some help post that, pls let me know. I will glad to be of assistance any way I can.

      Anshul

  • VIKEY GHOSH

    Kbc main dekh kar to aapko bohut khush hwa lakin ek baat tumhare sar par kuch lagao toh aur bhi handsome dikhoge……….dnt mind Ha……”””””””””””””””’

    • Anshul Mishra

      Hi Vikey,

      Thanks for your kind opinion of me. Will try to do something about it… Lol

      Regards
      Anshul

  • Abhijeet Singh

    Hi Anshul
    I am pursuing CA and CS but my keen interest in ECONOMICS AND MARKETS made me here.
    what kind of analysis you apply in MARKETS FUNDAMENTAL OR TECHNICAL?

    Abhijeet Singh
    fron
    Rajasthan

    • Anshul Mishra

      Hi Abhijeet,

      I am not an accountant by profession and my interest in Finance only came up after I did my MBA. From my experience and of those I have talked with/read about, I have learnt that investing is an extremely personal endeavor and one only succeeds if one’s practice matches ones approach to life.

      So if you are a person who allows numbers to do the talking and are not worried when things don’t go our way, then i believe fundamental analysis will be your cup of tea. It requires a lot of patience and perseverance but is very rewarding. On the other hand if you believe that market is driven by psychology of market participants more than anything else and trends mimic those psychological viewpoints, then technical analysis is more suited to you. I have not tried it and so do not know if its emotionally rewarding. I know, however, that a lot of people follow it and make tons of money.

      As you may have guessed, I am a fundamentals guy. This analysis appeals more to my psyche.

      I hope my explanation helped. Do let me know if you needed anything else.

      Anshul

  • http://www.ricky-ticky-toc.blogspot.in Aditya

    congrats on kbc anshul ji 🙂 nice way to get traffic on the site lolz 🙂 😀

    • Anshul Mishra

      Hi Aditya

      Lol… It sure looks like that now doesn’t it? It was unplanned though..

      Thanks for your wishes.

      Anshul

  • http://clickindia.net.co Purnima Shukla

    Hey Anshul got to know about you in KBC,that’s good that you will be using the winning prize for a good deed & Yeah hapahap.com is a nice site & delivers a lot of knowledge on many topics mainly can we say Jobs? Well in which sector are you in INFOSYS?
    Thnx

    • Anshul Mishra

      Hi Purnima,

      Thank you for your words of encouragement and for visiting my website. I have dedicated it to analyze our economy with stock markets as focus. I have no expertise about jobs and will be absolutely useless in issuing any advice in that regards! 🙂

      In Infy, I am work in retail and life sceiences sectors.

      Anshul

  • S.Abdul Azeez

    Hai Anshul Sir,

    Thanks for your response.. will try to do certification courses.
    Have a blessed day.
    Bye Bye

  • http://psahoo74@gmail.com Prahlad

    Hi Anshul,

    Congratulations for your endeavor in KBC.

    I just saying there are lot of people who wish to do something but some of them success, among them one of you who wish and also success.

    I am also watching KBC, long long day before and specially now as my company Aakash Educational Services Ltd. associated with KBC and I am the luckiest one of my company since 11 years serving here as Editorial Head.

    so let me suggest abt my blog:

    http://www.generalknowledgeforallexams.blogspot.in/

    http://prabhukripa-non-dualisticbrahmabad.blogspot.in/

    http://fallingroseoflastspring.blogspot.in/

    http://nsontsejstskvpy.blogspot.in

    Thnks & Regards

    Prahlad Sahoo

    • Anshul Mishra

      Hi Prahlad,

      Thanks for your kind words and an extremely encouraging feedback. It means a lot especially coming from someone who is associated with KBC.

      I will definitely visit your blogs and let you know my opinion on the same. I just visited the GK blog and it looks cool!

      Warm Regards
      Anshul

      • http://psahoo74@gmail.com Prahlad

        Dear Anshul,

        Time & tides wait for none. It is in true sense you are one of all who has made his career as brilliant within sort period and also one day may be you have thought how my website will be come into limelight not only for fame but also to provide something about society. Simultaneously, you did it and so much interesting fact you have written in your site. I appreciate you and your writing.

        Thanks & Regards

        Prahlad Sahoo

        If possible try to visit this blog:
        http://fallingroseoflastspring.blogspot.in/
        for refreshment…

        • Anshul Mishra

          🙂 thank you sir. You’ve been too generous with your words.

  • http://psahoo74@gmail.com Prahlad

    hi

  • Raj Debgupta

    Hi Anshul,
    Congrats on being on KBC. You were quite impressive, I must say. I read your blog as I was also watching you answer Amitabh Bachhan’s questions. I liked your composure as much as your blog has also impressed me. I will check your site regularly. Keep up the good work.

    Raj

    • Anshul Mishra

      Hi Raj,

      Thanks a ton for the kind words. I have been really humbled by them.

      I hope I am able to keep up with the expectations from now on. 🙂 Do let me know about your feedback on my opinions. I will learn more through them!

      Regards
      Anshul

  • Vishal nair

    First of all i would like to congratulate you to participate in kbc6…:)
    yes i agree with u that a taking a decision of fdi is not well enough..government has to introduce many policies in favour of small scale industry i.e. Our countries base…i think that major challenge of the government is how to create new investments opportunities in india…
    If we again wants to see the gdp growth rate of 7.5% to 8% government has to stop wasting money in various schemes like Nrega and in huge subsidies amount to control their financial loses..because money does not grow on trees..this is the time now government has to plan thier investment otherwise the situation gone into worse..
    In ur opinion what is the major steps govern. Has to be taken to again see the 8% growth?:)

    • Anshul Mishra

      Hi Vishal,

      to me, any step taken in the direction of a) controlling unwarranted expenditure b) reducing subsidies c) taking our government institutions our of political control and d) encouragement of Small Scale Industry participation in programs of national importance will go a long way in improving our growth prospects. Instead of asking myself what % of growth i need today, I prefer to ask: till how long I want my growth to continue? I just want us to take steps guaranteeing continuous growth for decades to come and that can happen only by concentrating on our strengths rather than borrowed strengths. Opportunities are already there.. all we need to do is to trust Indians with exploiting it and give them a fair environment to work in!

      This sounds more philosophical than it actually is.. To me these are the precise steps we need to take to improve the economic return on equity in our investments! We have allowed a situation to develop into a crisis and are now taking measures in Panic.. But the rest of the world knows that when there is panic on the streets, one should buy investment opportunities at rock bottom prices!

      Anshul

  • Sanjay

    Dear Anshul

    First of all heartiest congratulations dear for having reached to d hot seat of KBC & interacted very confidently and humbly with Big B.

    I also belong to MP & was happy to see u there. I just want to know whether it is really very difficult to reach to hot seat of KBC and how much time, money & efforts are required to do this apart from preparation, if any required.

    You were terrific dear while responding d answers. Best Wishes in all your future en devours.

    Regards. Sanjay

    • Sanjay

      R U able to see my message Anshul….

      It is showing it requires moderations..

      • Anshul Mishra

        Hi Sanjay,

        I have allowed all msgs to go through moderation to prevent Spams. I hope you don’t mind. I have had too many folks write too many good things to me today and hence I have not been able to respond on time. I am definitely reading all messages!

        Anshul

    • Anshul Mishra

      Hi Sanjay,

      I am deeply humbled by your kind opinion of me. Thank you for that!

      With regards to KBC, I honestly felt it was more luck than preparation that got me there. I did send a few SMSes (1st time I ever did that) and I gave my auditions in Bhubaneswar (paid by me). I was one of the 3-4 folks selected from a couple of hundred folks there who were selected at random from about 20K folks who were selected at random from among the millions who sent SMS! Each person I gave my audition with had something unique to tell about himself! Efforts can go only that far… The whole process took about a couple of months from me getting a chance for audition to the actual episode.

      I hope this helps. If you get selected for auditions and need some assistance, I will be glad to help any way I can.

      Anshul

  • http://sabku6free.in Rahul Verma

    Hey Anshul. Saw you on TV last night. You have become a star now my friend. I liked your attitude on KBC. You simply rocked it buddy. Congrats on your success. 🙂

    • Anshul Mishra

      Thanks a ton for your kind words Rahul.

      • http://sabku6free.in Rahul Verma

        One more thing. If you need any kind of help regarding your website just drop me a mail as you can see I am running a website currently. I will be more than happy to help you.

        • Anshul Mishra

          Thanks Rahul.. Will surely contact you 🙂

      • http://notyet aman

        anshul bhaiya me website kaise banate hai

        • Anshul Mishra

          Hi Aman,
          There are simple tutorials on the net. They will be very helpful. For me, one friend helped a lot!

          Anshul

  • Rajesh

    Hi Ansul,

    Congrats for KBC. Now your hapahap.com has become a famous place. please keep posting stock tips frequently.

    Regards
    Rajesh

    • Anshul Mishra

      Hi Rajesh,

      Thank you for the wishes. Yes, it was a nice surprise that so many folks got interested in me.

      I will try to keep up with your expectations in the upcoming future. You’ve encouraged me a lot.

      Anshul

  • Nishant Dua

    Hi Anshul,
    Saw you on KBC the other day and liked your attitude towards the small industries. Visited your site today. Hoping to see more of your views. Here is my Fb link…send me request ASAP

    http://www.facebook.com/nishantdude

    • Anshul Mishra

      Hi Nishant,

      Thanks a ton for the words of encouragement. they mean a lot.

      I have sent you the request now.

      Anshul

  • jyoti sikder

    hi anshul ,i saw u in koun banega crorepati ,u gave ans in a very fast mode but lost but never mind ,i did not read any word of ur blog but jo bhi likha hoga accha hi hoga ,i listen hapahap.com there in crorepati so just google it ,so nice to meet u ,
    bye

    • Anshul Mishra

      Hi Jyoti,

      Thanks a ton for your wishes and your comment. I had a big smile on my lips as I was reading it. 🙂 I hope you find interest in Indian economy some day and come back to the blog to share your feedback.

      Anshul

      • jyoti sikder

        hi anshul ,i read ur reply with a big smile n you know m commerce post graduate but no interest in economy 🙂 but sir tumhari to kafi publicity ho gayi ,thats good
        tum to hero ban gaye boss
        bye

        • Anshul Mishra

          Hey Jyoti.

          LoL again.. The responsibility lies with me now to take this forward. I hope I meet the expectations in the future. As for you.. don’t worry.. I too am in IT with no interest in computers. 🙂

          • jyoti sikder

            may i add u in fb ,if yes then how

  • Mayur

    Hi Anshul,

    You are indeed good in Economics… Amitabh se free mein endorsement/publicity karwa li… 😉

    🙂

    CHEERS… !

    • Anshul Mishra

      HAHA.. I am sure it looks like this way now, but on hot seat, it was all unplanned. I can’t say I mind it though 🙂 Its always nice to get feedback from others as one learns a lot in the process as well.

      Anshul

  • JITENDRA SAH

    HAI ANSHUL
    MY NAME IS JITENDRA SAH FROM ASSAM. ANSHUL FIRST TIME I KNOW YOU THROGH KBC ITS A REALY BIG THOUGHT WHATEVER YOU ARE DOING, HERTLY I APPRECIATE YOU. IST TIME I HAVE OPEN YOUR WAVE SITE AND PERSONALY I REQUEST YOU PLZ WRITE AND GUIDE ME HOW CAN I IMPROVE MY BUSINESS IN LARGE SCAL,BECAUSE I AM SMALL BUSINESSMAN.
    THANKS
    REGARDS,JITENDRA SAH

    • Anshul Mishra

      Hi Jitendra Ji,

      Thank you for visiting my site and for the words of encouragement.

      I am truly humbled that you want to seek my opinion about your business. You are indeed placing a huge amount of trust in me. Pls let me know what work you do and I will do my best to share my feedback with you. I cannot say that I am an expert, but I promise I will try and help you with the best of my abilities.

      Anshul

      • JITENDRA SAH

        HAI ANSHUL
        THANKS FOR REPLY
        I HAVE A ELECTRONICS SHOWROOM AND DISTRIBUTION OF FEW COMPANIES LIKE ONIDA,DISHTV,SHARP.

        • Anshul Mishra

          Hi Jitendra Ji,

          I have sent you an email.. We will continue our discussion on mails. I hope that’s ok.

          Anshul

  • Suyash Thakare

    Nice work on the site buddy…
    Hard luck in KBC nevertheless you played well !!

    • Anshul Mishra

      Hi Suyash,

      Thank you for your kind words. I can’t complain about my KBC experience as there are many who try but are not able to make it at all.

      I am encouraged by your comment about this site. I hope to carry on the good work in the future

      Anshul

  • http://www.worklifenleisure.blogspot.com Navdeep

    Hi Ankush sir… I watched you on KBC yesterday.. Congrats for your success!

    • Anshul Mishra

      Hi Navdeep,

      Thank you for your kind wishes and for visiting my side. It is very encouraging.

      Anshul

  • http://www.worklifenleisure.blogspot.com Navdeep

    Hi Anshul sir… I watched you on KBC yesterday.. Congrats for your success!

  • http://apkameet.in sumit

    Hello Anshul Bhai….
    congrats for being on KBC…….
    just checked your BLOG and find interesting topic you discussed on……

    KEEP writing

    • Anshul Mishra

      Hi Sumit,

      Thanks a ton for the wishes and for visiting my site. I hope to carry on writing in the future. Pls do share your feedback if you have any. That’s how I will learn more as well!

      Anshul

  • shailendra rajawat

    hi anshul .
    i saw you in kbc yesterday.you play very good and congratulation for wining amount of 6,40,000.

    bye…

    • Anshul Mishra

      Hi Shailendra,

      Thank you for your kind wishes. I actually won 3.2 Lakh as i lost in the next question. However, I am not disappointed as the experience more than made up for it. I came out a better person! 🙂

      Anshul

  • chetan mishra

    Hi,

    Nice to see you on KBC. As amitabh bachchan hosting this show spectacularly i use to watch this show. it was nice to see a confidence and cool person. congratulations for reaching to hot seat and having a good time with greats of great Amitabh bachchan. Dude, the price is nothing instead of that you had a chance to gossip with Sir Bachchan.

    But 1 thing which i dont like was Mr charu Sharma’s attitude of giving ans and because of that you missed to win a good price. As he is working as TV sport commentator he doesn’t knew the ans and made you confused !!! SHOCKING! But.. you played well.. liked you dare to play evenif you wer not sure about the ans.

    congratulations again.. Have a great success and same attitude in life man. YOU ARE COOL 🙂

    • chetan mishra

      also request you to send me the link of your blog.

      • Anshul Mishra

        Hi Chetan,

        its http://www.hapahap.com 🙂

        Anshul

        • chetan mishra

          lol…

          blog is HAPAHAP only 😀

    • Anshul Mishra

      Hi Chetan,

      Thank you for your kind words. I went into KBC wanting to give my best at each stage and let luck take care of the rest. I have absolutely no concerns with how it went as the experience was worth it and I came out a better person. As one goes deeper into one’s career one starts to pay less attention to facts and more to thoughts/opinions/analysis. I’s sure the same is true with Mr. Charu Sharma and I say that because the same is true with me. I fumbled on NASA related question while I am an Aerospace engineer. So pls don’t blame him.

      On the other hand, I am truly humbled by your opinion of me. It meant a lot.

      Anshul

  • Yogita

    HeLLo sir, saw your KBC episode yesterday! 🙂
    I was inspired by your qualifications n personality!
    I am a 16yr old PCM student from delhi n even i intend to pursue Aeronautical engineering from one of the IIT’s! 🙂 Your confidence, clarity n thoughts too inspired me! congrats for being on KBC! Your thoughts earned you a lot of respect!
    Regards
    Yogita 🙂

    • Anshul Mishra

      Hi Yogita,

      You may be young but your kind words have humbled me. I wish you all the best in your endeavor and the IIT preparations. As FYI, if it is ever a chance to select which IIT you can pursue Aerospace Engg. in, then I request you to select IITK. It is not because I am its alumni but because for this field of engineering, we have the best facilities among IITs in India. In my time, folks from other IITs used to visit us for their projects.

      Best of luck again..

      Regards
      Anshul

      • Yogita

        Thanks a lot!
        I have a lot of interest in Astronomy , i wonder whthr aeronautical engg. wud b the bst optn!!? Though i’l try my level best but what if i m nt abl 2 crack the IITJEE ? Is this course available in any of the private colleges??
        you der on Fb? I hav a lot of queries n therz no1 to guide! send me the frnd request if possibl!! Thanks a ton 1nc again!! N i wrot what i felt!! 🙂

        Regards

        • Anshul Mishra

          Hi Yogita,

          If Astronomy is your cup of tea, then Aerospace may look like a tangent. MSc. in Physics with specialization in Astrophysics will be a better choice. In my final year I took a course on Physics of Universe out of choice and that was a course in MSc. IITs do have that course and so does Delhi Univ.

          Pls add me on FB. i’d be glad to accept and help.

          Anshul

  • Sanky Shah

    KBC me Pahonchne ke liye Dhanyavad…………..

    • Anshul Mishra

      Aapke wishes ke liye bhi dhanyawaad Sanket!

  • http://fests.info Harish Kotra

    Hey,

    Yours was the very first episode on KBC to get free publicity without paying a single buck towards it. I am glad many have actually started visiting your blog now. Congratulations for KBC and good luck with your future endeavors.

    Regards,
    Harish Kotra
    Founder of http://feedtheflow.com and http://fests.info

    • Anshul Mishra

      Hi Harish,

      LoL. It sure came out that way isn’t it. Am pleasantly surprised though as it was unplanned all the way.. I was about the continue and Amit jee harped on THE word 🙂

      Thanks a ton for the encouragement.

      Anshul

  • preenav

    hi…

    congrats for winning in KBC…
    but u deserve more…
    i like ur confidence and specially daring to attempt the last question ….
    i have read ur blog… its very good..
    keep up dating it ….
    thaks

    • Anshul Mishra

      Dear Preenav,

      Thanks for your generous words and your feedback on my blog. I hoped to perform to the best of my abilities and let luck take care of the rest. I have no concerns with not being able to go farther as the experience was more rewarding and i came out a better person.

      I hope to continue blogging in the future. Pls do share your opinions on my articles. I learn a lot that way myself!

      Anshul

  • preenav

    ur meaning of hapahap as u written on this website is different as u told in the show…why..?? u said.. ek kam me lage rahna to jabtak vo poora nahi ho jae……..

    • Anshul Mishra

      Hi Preenav,

      I thought I said the same thing. Hapahap is synonymous with doing something in a ‘dhun’. You may eat a lot if you are in a dhun (quantity) or read a lot if you are in dhun (quality). To me, this blog is an exercise to earn both in quantity (monetary terms) and quality (knowledge terms). Thats why I write articles as if I am conversing with someone in words of daily usage so that I can hear back from a large spectrum of readers. Their feedback helps me revisit my ideas and help get more clarity.

      I hope this explanation helps

      Anshul

  • http://www.dipak-kumar.blogspot.com Dipak Raja

    Dear Sir,

    I saw you on TV Show KBC. I like your thinking about business of India. I work in Delhi for Society at tiny stage.

    Thanks for HAPAHAP.

    • Anshul Mishra

      Hi Dipak,

      Thank you for your kind words of encouragement and for visiting my site. All of us can make an appropriate contribution towards the country, and no effort in that direction is tiny. I have realized this myself when I am getting messages from all over simply because I spoke about a few things I wanted to do. 🙂

      Pls keep up the good work and let me know your feedback on the points I am raising.
      Anshul

  • mhk

    fantabulous interpretation plus awesome viewpoint .. neways congo fo making to kbc

    • Anshul Mishra

      Your msg brings me a lot of inner peace! Thank you for the awesomeness inside you as well!

  • mhk

    how many sms did yu send? please reply.

    • Anshul Mishra

      I did send a few, but I do not think that could be taken as guarantee for success. In auditions i got to know of a few people who send thousands of sms each year in hope of making it to auditions and I got to know of a few who sent only 1 SMS… For the 1st time EVER! My suggestions.. Send as much you can afford to (in terms of time and money both), not more.

  • mhk

    i too am doin engineering.if you could help me in letting know how do i prepare for cat examination and from where all i can do mba ? not the private ones !

    • Anshul Mishra

      Hi MHK..

      I did my MBA between 2001 and 2003 and so am pretty much a fossil by now. I don’t know how relevant my opinions will be. The way I see it, doing MBA should be a matter of choice after one is through with one’s graduate studies. I hope you are not sacrificing your engg. while aiming for MBA.

      W.r.t. colleges, The scene is totally different from what it is now. I did not know what IIM was well into the 4th year of my engineering and had only 3 months to prepare for CAT. While now a days, students in 2nd/3rd years know much more about MBAs than i ever knew! They even know what jobs they want to do after MBA! I don’t like this situation myself, but that’s the way life is.

      In this scenario, I suggest you to give yourself one year for a thorough preparation of CAT. Getting into any of the top 15 colleges (as ranked by Bsiness Magazines) should be a matter of both pride and satisfaction. To prepare, the best option is to talk to your seniors who have cracked recently or are preparing now. Group preparation is better than individual in this case! Sites like Pagalguy are a great help too.

      I hope this helps. All the best for your preparation.

      Anshul

  • http://www.campionbpl.co.cc Rachit

    Happy KBC

    • Anshul Mishra

      Thanks Rachit. Jai ho!

  • Priyanka

    thanxs anshul for giving such good site. good job in kbc…

    • Anshul Mishra

      Hi Priyanka,

      You’ve been too kind! Thanks a ton..
      Anshul

  • Chhavi

    congrats sir
    honestly KBC’s this season has seen just a single truly intelligent candidate till now… needless to say its YOU… and yeah!!! aapka blog/website to hit ho gayi show telecast hote hi… 🙂 hehehe
    great work sir great work

    • Anshul Mishra

      Hi Chhavi,

      Yup I am smiling about how many people are wishing me about the blog… 🙂

      Thank you for your high opinion of me.. I cannot say it is truly deserved, but I am deeply humbled.

      Anshul

  • Preeti

    Wooooo , saw you n am so impressed , in awe with you .. R u eligible bachelor :))

    • Anshul Mishra

      Hi Preeti..

      Lol… am a bachelor but not eligible.. 🙂

      Thanks a ton for being too kind with words.
      Anshul

  • Vaibhav

    Sir,
    You’ve become a star after kbc i think after reading alllllllll these comments with your website becoming an instant hit, sir.

    • Anshul Mishra

      Hey Vaibhav,

      I know suddenly KBC made my site popular but I think the credit should go to the show for that! From my side I will try keep up with the expectations of all on the website!

      I thank you for visiting..

      Anshul

  • Aditi

    Hi Anshul,

    Im an Infoscion and very nice to see a fellow infoscion on KBC..
    You played well, but I must say you were given tougher questions.
    I guess, computerji selects questions depending on contestants educational background, qualifications etc!

    • Anshul Mishra

      Hi Aditi,

      It is great hear from a fellow Infoscion! Thanks for your kind words and for visiting the site.

      I cannot blame the question paper now after scoring low marks 🙂 What I got was what I deserved. And that is immense satisfaction for my parents and my relatives/friends who celebrated my performance as their own.

      Anshul

  • axay shah

    hi Anshul,

    I learnt @ site from KBC, I am an Engr working in Reliance, I am a share market freak and i follow only TECHNICAL ANALYSIS and made meager profits so far, hope to learn alot from your site, for me IIT+IIM=GOD….so hats off to u….

    if u r on tweater – i wish to follow u

    thanks
    Axay Shah

    • Anshul Mishra

      Thanks a ton Axay for being very generous with your words. I am deeply humbled. My parent’s blessings and luck have been huge factors in my life. 🙂

      Its nice to know that you follow stock markets too 🙂 I am a fundamentals guy and a longer term investor than most technical analysts. If you needed my opinion on a company, I will be glad to help!

      My twitter handle is Hapahap.
      Anshul

  • Noman

    Hi,

    I’m Noman from Canada. I’m watching KBC right now, and you’re doing really good. I came to your site, as you just mentioned it on TV, and I was curious to see what it was all about. Great website. Good luck with everything. All the best! 🙂

    • Anshul Mishra

      Wow.. Thanks a ton Noman for very kind words. I am deeply humbled. 🙂
      Anshul

  • Krishna Agarwal

    Dear Anshul;

    I was impressed by your composure and performance on KBC. Never mind the missed question on NASA. No one can imagine the pressure on the contestant in that very aptly named hot seat. More imprtantly, I agree with your view that small industries and in any sector form the base on which the large companies rest. I am watching KBC this season because I see real India in the contestants like you, the BSF Inspector and Geeta Varma – full of enthusiam and hope despite the political climate in the country.

    Good Luck, my boy.

    • Anshul Mishra

      Dear Krishna Ji,

      I am deeply humbled by your kind opinion of me. Your words have given me a lot of encouragement and I hope that I will be able to meet expectations in the future.

      As for the missed question.. I am not thinking about it. I believe I have come out a better person after the show. There have been many people who have taken pride in my and have celebrated my achievement as their own. It takes a large heart to feel that way! When I think about them, I see that I had lost that quality myself after spending 10 years in corporate India, but this show helped me reclaim that piece of India for myself.
      Cheers
      Anshul

  • Anil

    another kbc visitor… 🙂

    • Anshul Mishra

      I am glad you came 🙂

  • Rajalaxmi Kulkarni

    Congrats for KBC Anshul:)
    Informative site and Nice site name:)

    • Anshul Mishra

      Hi Rajlaxmi,

      Thanks for the wishes. I am happy you liked the name as this is something that came from the heart!

      Anshul

  • Anubhav Raj Saxena

    Hi Anshul,

    Congratulation for winning in KBC, I live in Faridabad and watched you on KBC on saturday.
    Good Luck

    Anubhav Raj Saxena
    L&T Faridabad

    • Anshul Mishra

      Hi Anubhav,

      Thank you for your kind words and for visiting the site. I am deeply humbled.

      Anshul

  • http://www.screener.in Ayush Mittal

    Hi Anshul,

    Saw you on KBC. Congrats, you were playing wonderful.

    We too are from Lucknow and have been investing fundamentally for a long time. Am sure you will like our websites:

    http://www.screener.in
    http://dalal-street.in

    Would like touch base.

    • Anshul Mishra

      Hi Ayush,

      Thanks a ton for the wishes..

      Wow.. I visited your sites and you’ve got something pretty cool going on over there. You are one big family of value investing.. Literally! I will send you a msg on your mail. 🙂

      Anshul

      • http://... MAHIMA SHUKLA

        hi achca laga aapko kbc per dekh ke .fir ye hapahap ..kanpur style mein ye naam gapagap ki terz per.

        • Anshul Mishra

          Thank you for your kind words Mahima! Yes, Kanpur mein hee seekha tha. 🙂

  • Ajay srivastava

    Dear Mr. Anshul,
    Instead of introducing myself first I would like to give more priority for wishing
    you…
    So Heartily congrats for winning of amount 3.20,000/- in KBC…
    Now ,Me, Ajay srivastava is software Engineer by profession in a IT Company. I had seen
    your full episode in KBC and honesty telling you, it was full of entertainment. We
    really
    had enjoyed , specially , the moment when you took Audience Poll life line— , I
    still remember the % of all options (A-25%, B-26%, C-27%, and D-22%). We felt very
    sad when you played for 8th question and unfortunately it was wrong. But it was for
    an instance because you tried you best.
    I would like to tell you one thing more about me, I like KBC too much and trying to
    participate since past 3 year. I will be high obliged if you help me to clearing my
    confusion . Actually I tried to participate in KBC this time too , and a couple of
    month back I got a call with a no. (+4444) as per telephonic discussion they call me
    from KBC team and had ask me 3 Q. Latter I received a pdf of Acceptance letter on my
    mail. But no further update , I had still doubt on them..

    Now , A humble request , Please share me the all things before KBC , like all round or
    selection procedure your trip from your place to Mumbai… Kindly give me a brief
    description on my mail Id (ajay4ks@gmail.com).

    Hope a quick response from you…..

    Thanks in advance…
    Regards
    Ajay srivastava

    • Anshul Mishra

      Hi Ajay,

      Thanks for the wonderful wishes. You’ve been too kind. It was funny what happened on the audience poll, but then life gives us opportunity to smile when the going is tough.

      As for KBC, I am not sure myself on how I can help. I will not be able to share any proprietary information about their team/working as I have signed non-disclosure agreement with them. All I can say is all you need to know is in the terms and conditions on their site and that trying continuously is the only thing in one’s control. So pls keep trying..

      On the number thing.. If you got a call from KBC team and they asked you 3 questions, then it must be them. After that, there was another round of random computerized selection and I suspect you were not selected then. As i said to some of my other friends above, it has got more to do with luck and blessings from elders.
      Anshul

  • ALOK KU.SHRMA

    HI NICE TO SEE U IN KBC WITH ABHITABH

    • Anshul Mishra

      Thanks Amit 🙂

  • Vikram Jadeja

    Dear Anshul

    Wonderful episode on KBC – for the first time I saw someone so articulate and composed
    I guess that despite a desire to win you were not all concerned like many others – your profession and a position of stature with a mark one company in India -you seem a contended man – I liked it

    I have a dream home India on my farm – near Jamnagar – The Ambani teritory with Reliance refineries
    and hyppermarket near Sika – I leave London and come to India for winter – I have now retired- a professional chartered accountant and my expertise was in Trust and Tax planning for wealthy individuals with old and the new money It was most fulfilling job
    dealing with people like you who made money right in front of my eyes and than entrusted me to secure by putting in trusts for future generations / and likewise
    the aristocrats who ensured that UK taxes did not erode their wealth –

    I am sure you will one day be in that category of wealthy individual

    You have a great mindset – good luck – come to London or Gujarat

    Best regards

    Vikram

    • Anshul Mishra

      Dear Vikram Ji,

      You have simply been too generous with your words. I am happy that I managed to cast an impression in eyes of someone who has seen worlds getting made/preserved/destroyed in front of his own eyes. This really means a lot to me.. So a BIG THANKS..

      I am too happy for you too that you’ve lead a life where you felt you contributed and are feeling contented. I dream of a fulfilling professional life for myself as well and my sense of accomplishment comes in how much I have contributed back. Your wishes have given me a lot of encouragement and hopefully I will succeed.
      Cheers
      Anshul

  • MAMTA

    HI ANSHUL JI
    MY NAME IS MAMTA FROM HARYANA. YOUR CONFIDENCE AND THOUGHT TOO INSPIRED ME .AND CONGRATS FOR BEING ON KBC .GOOD NAME HAPAHAP WEBSITE. SHRI RADHA RANI KI KIRPA SE I SURE YOU WILL SUCCESS ALWAYS

    • Anshul Mishra

      Hi Mamta Ji,

      Thanks a ton for your very generous words and your kind blessings. I am deeply humbled 🙂
      Anshul

  • http://www.hapahap.com nakul chauhan

    hi Ashul ji. first of all congrs for win in kbc. now i visit ur website daily , and also ask question to u regarding economics ok.

    Thanks.

    • Anshul Mishra

      Dear Nakul,

      Thanks a ton for your kind wishes. Pls do ask any question you may like. I will try and answer them and may learn something new in the process myself.
      Anshul

  • http://trickyarea.blogspot.com Priyanka

    Sir,
    I am from Kanpur, Up. From the past 2 years, I am trying to come to in the KBC contest but i got never selected. Sir, Please give me some tips to get selected because every year my dream becomes dream only. 🙁 🙁

    • Anshul Mishra

      Hi Priyanka,

      Sorry.. I don’t think I have anything but my luck to thank! With every one like me who reaches there, there are many who don’t. Efforts can only go that far! Only thing in your hand is to send SMS. 🙂
      Best of luck
      Anshul

  • http://www.indiaeducationguidance.com vicky

    To increase visitors to your website daily post atleast 01 news.
    visit your friends website give comment on them and left your site like. It will help to link your site with each other.

    visit my blog
    http://www.maxnewinfo.blogspot.in
    http://www.indiaeducationguidance.com

    leave comment, it will automatically create site linking

    • Anshul Mishra

      Hi Vicky,

      Got it! Thanks 🙂

      Anshul

  • http://www.indiaeducationguidance.com vicky

    sorry left your website link

  • Abhishek kumar singh

    well played in KBC…………….
    sir
    I was watching that episode in which you played………
    your confidence level is mindblowing sir
    l want to know how to qualify for hot seat in KBC
    Thanks

    • Anshul Mishra

      Hi Abhishek,

      Thanks a ton for the kind words. I am deeply humbled.

      As i’d mentioned to a few other friends you asked, I think it is more a matter of luck than actual skill. Atleast that’s what I felt. All I can say is.. Keep trying.

      Anshul

  • Vikram Jadeja

    Dear Anshul

    I like the idea DIN – Do It Now – approach – last in first out -( re your quick response)

    I have always maintained this attitude – the desk never get overlogged with files nor any one who consulted me felt that one is not receiving instant attention ( as much as humanly possible ) – Clients or Staff members never felt that their case was ever without priority – kal chalta hay wo kabhi nahi????? Everyone felt that I was instantly there for them always — an impression of confidence building

    Houdini/and steps to regenerate economy in India or elsewhere ?

    As an economist you must have read Frederich Hayek – master who felt that—-
    economy performs best when markets are free
    Strange that no single country in the world followed his doctrine ??

    Overall politics /politicians have always priotorised party agendas to the detriment of common sense progress –

    Karl Marx????/

    BBC.CO.UK/Masters of Managing Money – You may find this open university site of interest

    Best regards

    Vikram Jadeja

    • Anshul Mishra

      Dear Sir,

      My father had the same attitude. I guess I got it from him. Unlike you, he was unpopular as he was in government dept. 🙂

      Thanks for the pointers to Frederich Hayek. I actually never read about him.. My opinions are based more on the textbooks on theoretical finance/economics that I read in my MBA and my own interpretation of those principles as I saw them working in real life.

      For everything we say about our country, the opposite is also true. That is something I learnt at a very young age and so I always resisted reading opinions unless they have been from those involved in the top echelons of their field. Frederich Hayek seems like a miss at my end..

      For politics/politicians, I believe they will become better if there are incentives.. Not the same people, but other folks who will replace them. I am actually writing my next blog on the same topic of incentivizing better economics in politics. Hope you will like it!

      Anshul

  • Rohit Sood

    Somehow I saw your KBC part yesterday, I am Sr. Manager in IT (based out of US from last 6 yrs), thought to say Hi.

    As you mentioned Infosys, at the start of your KBC game, my eyes and ears were wide open – you know IT and Engineering affinity. I can understand the stress and pressure one goes thru sitting in front of AB however you were outstanding in regards to your confidence.

    Best part was MP CM question where, where I felt your pressure and impulsive response. But, overall very well played!!.

    Now, your website/blog is already famous and so your slang 🙂 I am yet going through all the contents and shall revert back. One thing wanted to know rather 2 –
    1. How much one spends in SMSes/whole process to get selected in KBC and whats the probability of selection?
    2. In Phone a friend helpline – Is there an option for ISD calls?

    • Anshul Mishra

      Hi Rohit,

      It is great to hear from a fellow engineer/manager in IT field. You’ve been too kind with words! A BIG THANKS…

      For the sms, i don’t think volume of SMS has anything to go with the probability of selection. I say that because even though I did send quite a few SMS, at the time of Audition I met folks who have sent only a few SMS (one person said she sent only 1 SMS). Overall, of a few lakh people who sent SMS, only about 20K are given call and from them only about 3 K are called for audition and from them only about 150 are called for episode (as per terms and conditions on Sony website). To get to each subsequent stage, luck plays a big part. Efforts on SMS can only go that far..

      For phone a friend, the friend has to be within India. We cannot have ISD calls.

      Hapahap Cheers for your msg 🙂
      Anshul

      • Rohit Sood

        Thanks for detailed response. Haphap cheers LOL!!

        Wish you all the very best and luck with hapahap. Great going!

        • Anshul Mishra

          Thanks a ton again Rohit!

  • Shilpa

    Liked your composed confident attitude, also more importantly you are humble , thats rare in todays world 🙂 can we be fb friends , tried searching you but in vain 🙁
    Keep up the way you are , except that a hair graft can do wonders lolll ..in lighter vein but you are very knowledgable and impressive .i can write on and on and on and on

    • Anshul Mishra

      Hi Shilpa,

      Thanks a ton for the extremely generous opinion of me. Can’t say I deserve it though..

      Lol on hair.. Thanks for the suggestion!

      Not sure why you could not find on FB. However, I am not a frequent FB visitor and am more of a LinkedIn guy.. if its ok, pls add me there.
      Cheers
      Anshul

  • http://www.facebook.com/harshit.shrivastava?ref=tn_tnmn Harshit Shrivastava

    Dear sir,
    kudos fr ur KBC experience, you are one of the most Talented and qualified person i have seen on that hotseat…:)
    i have gone through this whole post of yours and its really impressive…

    inspite of this post i would like to ask u as u are aeronotical engineer that too frm IIT KANPUR and you are working in IT company.. likewise i am also joining leading IT company of our country and i belongs to Electronics background.

    i am kinda following your footsteps so i would like to learn frm ur experiences.

    Sir, kindly share your views over this and if possible i would like to be in your contact through mails or FB for further guidance..

    • Anshul Mishra

      Dear Harshit,

      Thanks a ton for your extremely generous opinion of me. Though I cannot say that it is truly deserved, I am still deeply humbled. 🙂

      I have lead my life through a combination of instinct and eliminations.. Like I went for engineering as I liked to study, I went for MBA as I wanted to continue my student life and I joined IT for the want of a consulting job within India. I really cannot say that I can give the best advice, but I will try my best. Pls send me an email with your queries.. I am more of a LinkedIn Guy than FB so if its ok, pls add on LinkedIn.

      Cheers
      Anshul

  • http://www.hapahap.com nakul chauhan

    Dear Anshul ji.
    Will u explain dat difference of money? means my qst is why 1$ = 56rs. Why not 1rs = 56$. i m waiting for fair reply.
    Thank you.

    • Anshul Mishra

      Hi Nakul,

      Apologies for the delayed approval of your comment and a delayed reply. I was busy with my day job and so could not look into this till now. I have just published a new article trying to explain what global forces are shaping our future, and in it i have covered what determines the exchange rate. I hope that explains why Indian rupee is much cheaper than US Dollar. Whether it will be 56 or 65 will depend on the values of various variables, but here I have tried to explain what those variables are and how do they impact us.

      I hope it helps. If not, pls let me know and I will try and explain further.

      Anshul

  • arvind

    well done bro 🙂

    is baar KBC mei questions thode mushkil the , par aapne acha kiya .
    show is entertainining . KBC is just a lottery in guise of a knowledge show . even bournvita quiz is harder than kbc ..haha. easy questions are asked so more people would sms /aspire ( making them huge money )& tragic stories are played ( emotion sells ) . making them richer every minute 🙂

    regards

    arvind

    • Anshul Mishra

      Hi Arvind

      thanks for the kind words.

      However, what you said about KBC is not true, at least for me. I found them to be pretty professional about their business and did not feel that it was anything but what they project it to be.

      Anshul

  • Vikram Jadeja

    Dear Anshul

    Hapa hap – does it have an official postal address ?? please advise

    Best regards

    Vikram Jadeja

    • Anshul Mishra

      Hi Sir

      No, it does not. It my personal site and has been a not for profit venture.. so never had any official postal address.

      Why do you ask?
      Anshul

  • Vikram Jadeja

    Hello Anshul

    It was to mail you some material of interest which I come across from time to time
    A different perspective on India from journalists here in the UK and the USA .Certainly
    on politics and politicians and the economy.

    Indian press is somewhat toothless when it comes to critising the politicians in power -if the press did it honestly I assure you that the public will arise profusely .
    Constant exposures to coruption and malpractise – scams after scams and yet none seldom
    resign and somehow get back in power for more bounty from the public purse

    The regime of coalition – and those with the government hold it to blackmail by way of threats and hence everything seems accepted by some or the other excuses

    Such intelligent nation and with a huge population of youth of great calibre – I sometimes wonder why all is so much tolerated Why do they tolerate ?

    Anyway I better close

    Best regards

    Vikram Jadeja

    • Anshul Mishra

      I think things are changing Sir. I say this because that all these scams came to light can be attributed to the fact that our democratic institutions viz: CAG/CVC/Supreme Court/CEC etc have refused to tolerate! They are realizing the importance of the independence they have and understand the strength of the role they are playing! This has never happened before!

      To me, that’s one light right before dawn!
      Cheers
      Anshul

  • http://www.sahilaasif.wapka.mobi Najam Us saqib

    Hi Anush…how r u?
    What r ur feelings about KBC?…tell me hapahap….

    • Anshul Mishra

      Hi Najam,

      Thanks for visitign the site. I have only good feelings about the KBC experience. My parents and I enjoyed a lot and personally it was pretty humbling that so many people from all over have given me their wishes.

      Anshul

  • Jitendra

    Dear sir,
    first of all congratulation to you on wining in KBC. but you deserve more than that. secondly i am totaly agree with you on above article of FDI. but i think in our country nothing is above the ruling political party as they do whatever they want to do any how.
    so lets see how it goes on FDI.
    jitendra

    • Anshul Mishra

      Dear Jitendra,

      Thanks a ton for your kind wishes and and an extremely generous opinion of me.

      Though I argue that FDI is not the smartest thing we have done and also I agree that things look pretty bad right now, I do not agree that we do not have any positive news for us. All the scams have broken only because the independent democratic institutions of our country like CVC/CAG/Supreme Court have started realizing the power of their roles and responsibilities and this is for the 1st time in our history that this is happening. Given this, i think this is the darkest we will see before the dawn.

      Pls do not lose hope 🙂
      Anshul

  • Vikram Jadeja

    Dear Anshul

    Brilliant analysis – enjoyed your deep felt observations on the present economic woes of India / awaiting your next blog shortly

    Best regards
    Vikram Jadeja

    • Anshul Mishra

      Thanks a ton Sir. I have just published a newer blog on the economic forces shaping the economic future of a regular Indian.. I hope you like it too.

  • Pingback: HAPAHAP When everyone (who can) is printing money, what global economic forces are going to shape our future?

  • Jitendra jadeja

    dear sir,
    thank you for your reply. . yes you are absolutly right sir. . thank you
    best regards
    jitendra jadeja

  • Jitendra jadeja

    dear sir,thank you for your reply. . you are right that independent institution doing their work in a best way but its not enough for our country which having lots of curroption and dilemas between political parties who only see their benefits instead of public. . and 1st time in the history many things happening so its a positive side for us. hope it will continue and will give benefits to the public and will solve the problems in future.
    thank you sir
    best regards
    jitendra jadeja

  • Dipra

    Hii Anshul Sir

    First of all Congratulations to u for wining KBC but I think you deserve more.Sir from KBC Episode I came to know about this site and today I read your article on FDI.I don’t have ant clear cut idea about it.But after reading your detailed discussion on FDI I have a good idea on it.Your analysis is outstanding.Govt. has permitted FDI in pension scheme also.What is its positive and negative aspects if you kindly reply.
    Dipra Chakraborty

    • Anshul Mishra

      Hi Dipra,

      Thanks a ton for your kind wishes and for visiting my site.

      I am highly encouraged knowing that I was able to put my point across even though as you said you did not come with a prior information on the topic. My only intention is to encourage conversations on matters of importance without the need for using deep technical terms.

      The fundamental aspect of pension fund management is that the money that goes into the pension contribution from Indian citizens needs to be managed and invested such that the returns out of that investments are able to pay of the pension liabilities well into the future. So the entire success of the transactions are dependent on how investments are made with minimum risk (so that at least money is not lost) and whether there are chances of returns over very long terms. If you compare that with our personal investments, we can conclude that pension fund management involves very conservative investment philosophies. Predominantly they will involve investment in very safe opportunities like government bonds or investments in reliable blue chip companies.

      Given this background, I am not sure if we lack expertise in choosing conservative investment options. Also, if we make our own finances better at national level and improve efficiency in infrastructure, our existing investment options will become lucrative automatically.

      Over and above these, the track record of foreign funds in managing pension schemes have been less than stellar. The US Sub Prime crisis and Euro Crisis (2 biggest crises in the last 5 years) could not have been precipitated that fast if pension funds had not invested in them in the greed for better returns.

      So net net… I agree that we need better management of pension funds. But if we allow external management without improving the nature of investment opportunities, we will only encourage them to invest in risky opportunities to make profits. That will hurt us deeply if there is a financial meltdown round the corner. This ties into the overall issue I have with FDI.. It is not that it is bad (except Retail, which is terrible) but that it is just not the smartest thing to do.

      I hope this helps. Pls let me know if I was not able to answer your query.

      Anshul

      • http://www.facebook.com/cdipra Dipra Chakraborty

        Anshul Sir thank you very much for your reply.I got it.What’ll be smartest thing ?

  • KUMAR BUDDHIRAJ

    Hi sir,

    I think i’m too late to visit this site. however, you were too good on KBC.

    BEST REGARDS,
    KUMAR BUDDHIRAJ

    • Anshul Mishra

      Hi Kumar,

      I am sorry for such a delayed acknowledgement of your comment. I was very busy with my day job recently.

      Thanks a ton for your kind wishes and for visiting my site. It is never late when someone wants to say good things about you 🙂
      Anshul

  • http://www.ponity.com Chetan

    Finally someone who agrees! Thanks a lot for that information Mr. Anshul, I had been looking for a detailed information for a while.

    • Anshul Mishra

      Hi Chetan,

      Sorry for the delayed acknowledgement of your comment. I was very busy at my day job and so could not reply earlier.

      Thanks a ton for the encouraging words. Do share further if you believe that makes sense. I’d love to hear back from like minded folks.

      Anshul