DK Kapila The Oracle

Remembering Shri Atma Ram and His Risk Management By Dinesh K Kapila Sitting around and reading up a bit, the mind wandered to Shri Atma Ram. Suddenly. It just went off on a tangent. Theoretically, when we debate Financial Inclusion we discuss financial literacy, savings, credit, awareness about terms and conditions, insurance, pensions and government schemes. Then of course is the ritual pontificating on Going Digital and availability of infrastructure, accessibility of payment channels, affordability, awareness and transforming consumer behaviour etc. As the nation develops, the mode and nature of financial literacy also changes. It can be region specific and could be profiled on the socio economic status too. The process is inherently dynamic and has to be targeted astutely. And in due course as we develop even more and incomes and financial literacy increase, financial literacy would hopefully include Mutual Funds, ULIPS, The National Pension Scheme etc. I would support these ...

Russia DK Kapila The trip to Moscow was a pleasant experience and a surprise. Unlike what the Western Media projects, it is a lovely huge nation with a comparatively small population. Moscow Airport was huge and the changeover to the domestic terminal for the flight to Saint Petersburg was an equally huge task ! Walking endlessly and all sorts of elevators and a train. And I had the most heavenly bakery products at the Airport with the famous Russian Cream as an essential ingredient. I am still missing it as I track every well known bakery at Chandigarh. One thing, Russian Pilots on Aeroflot are somewhat flashy, the aircraft tend to take sharp turns and dips while landing, it can be quite un-nerving ! But the food is good, the air hostesses, smart and elegant, though are in a better mood during the afternoon flight than the night flight, that I must say. Saint Petersburg is oh so lovely and so beautiful. It appeals to the heart and mind and captures one senses. A visitor must...