Silent Solar Energy Revolution ……………………………………………………………………………………………….

In the 21th century, about 300 million people are forced to live without access of electricity across India. Longstanding, Lacs of villages in the country faces huge power deficit and blackouts.

Since, solar energy introduced, a new hope aroused to full-fill power scarcity in the millions people life. Revolution has begun; world got the independent alternative to generate power according to our needs and time. As we know, sunlight is equally available for everyone without any discrimination. Thus, now, people don’t need to depend on anyone, if they want, they can easily generate electricity for themselves through solar power system.  With increasing population, future energy needs also expanding day by day, and to meet these needs, solar energy is going to play a key role.

Being 100 percent clean or eco friendly energy, in coming years, solar energy will rule the energy world and will be a biggest energy source in the world. According to a report, Solar could be the world’s largest Source of Energy By 2050. Over the last 10 year, solar energy has been a reliable and affordable energy resource option. Truly, it has the potential to provide eco-friendly energy to the world. India is standing on the threshold of a “solar energy Revolution”. In this way, several countries are taking anticipating steps and Germany already set the example by generating more than 23.1 gigawatts energy in year 2015. Hence, Solar Energy light up a new era of energy Revolution. On a positive note, Dharnai village in Bihar is already declared itself energy-independent. 100kW micro-grid provides electricity over 2,400 people in the village. Likewise, due to lack of electricity, many people are turning into solar power as a way to get their own power off the grid. India has abundant of deserts and farm land and by using this land, so, we can utilize 300 to 330 sunny days a year, India could install around 1,000 GW of solar energy and for this, India need political will to turn from fossil fuels to renewable energy. Decentralized energy, innovative financing solutions, utility-scale projects, energy efficiency and electrifying transportation are the additional strategies to recognize as Solar Super Power.”

On the other side, Longstanding, climate change becomes a matter of concern against the world. Secondly, the entire world is struggling with uncontrolled gas emissions and pollution over the years. And, Solar Energy came into existence as the greatest alternative to get rid by pollution through fuel emissions. Gradually, whole world started switching into solar energy Revolution to traditional energy resources such as coal, uranium, petrol, diesel etc.

Let’s talk about the role of government to make India a global solar-energy force. A year, before, in a surprise move, Prime Minister Narendra Modi, gave a boost to an agenda to set up 100 gigawatts of new solar-power capacity by 2022. Hopefully, such a broad expansion will create an adequate electricity to provide 200 million households in the country. As per this agenda, government aim to build solar support solar-panel manufacturing and research capacity. Alongside, India must walk with the solar walk itself to encourage investment in solar-energy sector, expansion of distributed, or rooftop, solar and modernization of its electricity grid. It’s a global initiative to reduce carbon emissions and to curb climate change.

In addition, to become solar hub of renewable energy, government would be required enormous numbers of engineers, maintenance and construction workers. An estimated, 210,800 site workers would be required to set rooftop solar power systems. Consequently, Massive numbers of job is likely to create in next few years.  At the end, India has optimistic future in terms of solar energy revolution.

Social challenges against Government of India:

Often, it’s difficult to get rid by truth. In this 21th century, We, Indians life are mazy around the social challenges. Since independence, poverty, starvation, corruption, illiteracy, Inflation, crime, Communalism and Violence issues are deep rooted in our Indian society. Eventually, when unwanted or undesirable situation creates in front of society or section of society which harm, obstruct the growth and ruined the basic rights of people is recognized as the Social issues or social challenges.

India is an ancient country with 5000 year old civilization. Thus, our society is a mix of sundry people, cultures, beliefs and languages. Longstanding ‘saying’, there is unity in our diversity. 

No doubt, India is among one of the fasting growing economy in the world.  However, on the contrary, human growth scenario is completely different. Corruption reached on its Zenith which leads to all other major social issues. Gradually, rich are getting richer and the poor get poorer, massive gap has been created between richer and poorer in the society.  Every second and each day people undergo with severe Social problems. Are we compelled between these issues or we became habitual of live with them? If it’s not like that, then what binds us?

In a nutshell, let’s describe some of the major Social issues or social challenges:

Poverty- it refers to a situation when large section of society doesn’t get the basic amenities and when people doesn’t have proper food or clothes or shelter. It’s a leading concern which seems like a never-ending issue.  Indian Planning Commission’s 2013 data shows approximately 269 million people compelled to live under the poverty line.  Indeed, illiteracy leads to poverty and we should understand education is the biggest tool to fight against poverty. Now, for our governments, it’s time to show some sincerity, become accountable among the people and take strong action against Poverty. Alongside, Quality education must be approachable at all parts of the society especially among the poor.

Illiteracy and Unemployment- in India, English speaking people numbers are the biggest in the whole world. Despite, quality education lags far behind. Ironically, label of quality education in government schools keeps below the mark. Somewhere, most of social issues are interconnected to each other. See, Illiteracy gives Birth to the Unemployment, and this turns towards poverty and sometime poverty forced to do crime.   Basically, Illiteracy refers to Inability to read and write. In fact, it’s a biggest barrier in the country growth and a main the hurdle in employment. Hence, government needs to enforce free education strictly and make it mandatory to every citizen from richer to poorer. Once we get start educated, several doors of employment will open instantly. And, to be sure, Indians will no longer unemployed.

  

Inflation - remains a matter of concern between lacs of middle class families. Imposing unusual taxes and uncontrollable corruption hampers the daily life of common man. Longstanding, Inflation issue keeps on the top priorities in election manifesto’s of almost all political parties. And, we all know very well, how quickly they take U-turn on their pole promises. Ironically, inflation stills an unsolved riddle, for our politicians. Somewhere, this concern often brings people on the street to protest against government irresponsibility and miss-governance. In addition, government’s have insufficient policies to control and to fix the prices of necessary products in the markets. Moreover, there is huge Lack of control and social awareness over government spending, holding stocks in illegal way by Brokers also causes price rise.

Health care system - while visiting any hospital, we can experience long queue of people to wait for their chance. Heath care industry achieves lot in terms of technology. Plethora of cutting-edge equipment can be is easily seen in the hospitals. Despite, quality healthcare still far away from the common man, huge shortage of government hospitals people faces. Issues such as; Sanitation and cleanliness often noticed in the hospital. Ironically, middle class people are compelled to face severe problems in these circumstances. Undoubtedly, private hospitals are well-equipped in each aspect but middle class can’t afford them often.  On the contrary, in a surprise move, Delhi government introduced the innovative and effective Mohalla clinic concept in the capital. Accordingly, they aim to step-up well-equipped Mohalla clinic in each society of the capital to provide quality health care and to resolve over-crowed situation of Hospitals.

Water crisis- recent study reveals, around 33 Croce people facing severe water crisis in the country.  And, Latur (Maharashtra) is the biggest victims among all. Alongside, Rajasthan, Maharashtra, Madhya Pradesh, Telangana Suffered by drastic drought situation.  It’s quite unfortunate that most of our traditional water resources such as; ponds, canals, rivers, wells, river, has been dried up. Alongside, Year by year, inadequate amount of rainfall affected the agriculture badly. Ultimately, people are forced to migrate into cities. Sorry to say, but somewhere situation has been so critical and out of control. Regardless, whatever the situation we have, on a positive note, we need to get back our all water resources through water conservation and rain water harvesting. Mean to say, we have to reviving our traditional water resources once gain to fight back against water crisis.

Corruption- in past some years, scams such as; 2G scam to the Coalgate scam, CWG scandal to the Bofors scam sucked the public money badly. In 2012, Anna Hazare's anti-graft movement has once again gripped the nation. Indeed, that anti-corruption revolution Awaked and realized us how we all are highly affected by corruption and how politicians took above 1 lac Croce of black money in Swiss bank.  Our opportunistic leaders already have done big damage to our country. We all know how they misused the powers and plundered public tax money. Longstanding, middle class is biggest victims of corruption. As soon elections comes closer, each political party start blaming each other, but no action. From babus to top ministers, all have been involved in various scandals.  Somewhere, a ray of hope still left, Corruption can be control. Hence, government should bring effective rules and laws against corruption, and they should bring transparency in the governance so that public could keep on eyes on them.  Our politicians need learn to be accountable for their role, so that, we could justify India a real democratic country.

Several way salaried people can save tax?

As soon as the end of financial year comes closer, salaried individual start worrying about how to save tax? The point is, no one wants to waste their hard earned money on tax.  Often, people choose illegal way to run away by tax. Thus, before, recognizing you as tax evaders, why don’t you consider some legal practices to save your money by tax?  Now, it’s basically up to you how to invest your money in various schemes to get the tax benefit. Talk to your employer and try to restructure your salary to get extra tax assumption. Here, we will focus on several interesting way to save tax, might be, you aware with few of them, but,  in this post, you will find some more fascinating tax saving options.

Public Provident Fund- frequently investing in Public Provident Fund account always gives tax benefit. Alongside, now you don’t have to pay taxes on interest received from Public Provident Fund investments.

EPF account- basically it’s a retirement saving plan, well-organized companies contribute to EPF account in case of basis salary less is than 15000/month. Alongside, employee also contribute equal amount in employee account. Under section 80C, you can get tax exemptions while contributing in EPF account.

House rent allowance- if you are paying rent and still not getting any HRA to your company. On the basis if given below conditions, you can claim for HRA. Under Section 80GG:

·         Real HRA

·         Rs 2,000 per month

·         10 per cent of total income

·         Rent paid less than 10% of salary

·         50% of Basic for Metro City or 40% of Basic for other City

Home Loan- if you have taken home loan you can get tax benefit on it. In 2016 budget, for home loan interest payment, the limit of assumption is increased to 2.5 lakhs.  In this way of deduction, you can save big tax money. Indeed, more home loan amount leads to more tax saving.

Medical Insurance- under Section 80D, there is provision for Deduction of Rs. 15,000 for medical insurance of self, wife and children alongside, Rs. 20,000 for parent’s medical insurance who is above 65 years.

Education Loan- if you have taken Education Loan for self, spouse or children than it will be applicable for the deduction. However, Interest which you paid on education loan is always non-taxable. Hence, summit your loan installment papers and prove while paying income tax in the year end.

Life Insurance - Life insurance is investments you pay to make sure that your beloved are not left stranded in case of some miss happening occur to you. Life Insurance premium considered another tax saving option for years.

Fixed deposits – salaried person can save tax on fixed deposit in bank which is applicable for the period of 5 years. Before maturity (5 years) you can’t withdraw tax saving FD. Senior citizens get a higher interest rate in fixed deposits policy.

Invest in Mutual fund – it has tax implications and remains one of the best ways to avoid tax, if you invest in mutual funds then you can earn profits 100% non-taxable in various criteria. Nowadays, salaried person like to invest in Mutual funds and equity to get tax exemptions.

National Savings Certificate- post office small saving scheme, like fixed deposit it’s also give fixed return with interest rate of 8.5%. It’s an old but reliable way to avoid tax. It is applicable in duration of 5 years and ten year. Under section 80C, the National Savings Certificate gives tax benefit. 

Travel Allowance- in order to reimburse the expenditure incurred on the holiday, it is given by the employer to their employee. This allowance exempted from income tax, during paying the income tax at the end of year, you just need to summit the valid proof of travel to get tax exemption.

Top 10 secrets to double your money in short span

Feeling Excited!  Well, here, we will discuss about some genuine strategies just to increase or double your money in shorter time. Smart investors often hunt for innovative ideas to park their money for instant returns.  And, if you are among one of them, then, indeed, you are at right place now.  Not only experience but novice investors could also take a smart start in terms of investment here. Before making any investment decision, everyone needs to keep aware regarding both angles of investment options. In this article we will talk about various option based on risk appetite, time frame and returns percentage, it will be up to you, which one you choose according your comfort and needs.

Here are list of some options to double your money;

Stock Market- investing in stock market is the smartest way to get instant result. If you have will-power to bear risk than indeed, Stock Market offers lot more for you. Simply, more risk more profit suits stock market. Hence, investing in trending stock could make you richer over the time.

Tax-free Bonds- in past few years, Tax-free Bonds emerged as the anticipating investing option due to tax relaxation or tax benefits on it. Basically, bonds are issued by government ventures and pay a fixed interest rate. Bonds typically yield 8%+returns. Hence, investors can double money in 8 to 9 years frame.

Mutual Funds- it bring risk itself as well, however, rate of return keep higher in comparison to other investment options. Rate of return depend on term of Mutual fund selected by the investor. Mutual funds investment generally takes 5 to 6 years to double your money.

Public Provident Fund- backed by Government of India. A long term investment, Public Provident Fund offer attractive interest rate that is totally exempted from Income Tax. It was started to encourage saving for retirement corpus. Indeed, it’s a most reliable investment option among lacs of middle-class families.

Bank Fixed Deposit- RBI currently offering 8.25% to 9.25% interest rate which doubles the money in 8 to 9 years. Eventually, it’s another reliable investment option for common people. Bank Fixed Deposits are easily obtainable by banks, private banks and company.

Gold ETFs- Gold Exchange Traded Funds offer 22% rate of return annually, old and one of the most fascinating way of double the money in around 3 years of time. To be sure, in gold investment you get ecstasy of good return in short time. In 2002, Gold Exchange Traded Funds (ETFs) was launched and became easiest ways to invest your gold. Despite, in last few years, gold lost its shine, investor still consider gold as a nice option for investment.

Clear you’re all debt- indeed; Debt is biggest obstacle while looking for double your money. Very first and major suggestion is please just get out of your all debt as soon as possible. Hence, limits your extra expenditures and desires. Otherwise, your all efforts might be waste. Often, people take it casually and later that become the big mistake of them. Indirect, but it’s a nice way to save your money till its get double.

Cut down worthless expenses and tax. Rather wasting on insensible expenses, why do not you prefer to save that money for sensible investments! Such as PF, FD etc. to avoid tax, you can park you money in National Savings, ISAs, pensions, & various Investments products.

Clear your mortgage- in order to safest and most tax-efficient investment, first just pay off your mortgage. It gives you the outstanding freedom to be mortgage-free. Once it’s paid you own it independently without paying any tax. It is tax-free; any money you pay into your mortgage is completely tax free.

Real Estate- remains one of the well-liked investment options among the investors. Not only double if you invest in fast developing location then you can get triple return as well. On the other hand, it requires big capital to invest.