SOCIAL, FINANCIAL & LEGAL

  ITS NO MORE A ROCKET SCIENCE   Today (18.11.2022) marks a significant milestone in the Indian Aero Space Industry.   India’s first ever private rocket [Vikram-S] developed by M/s. Sky Root was launched successfully from Sri Harikota under the guidance of ISRO. Though the trajectory of ‘Vikram’ lasted for 5 minutes with a peak altitude of 89 KMs it goes a long way in re-defining the business of Aero space.   What is the message that this significant launch gives?   (a)     Importance of private participation :   This has proved that privatization is no more a rocket science.   Inclusion of such a strategic element into private sector clearly dozes off the fire in the belly of leftists/communists. It also re-affirms the Govt’s policy of ‘’Minimum Government & Maximum Governance’’.   (b)     Space Technology :   Presently career in space technol...

  Crabs in the Barrel Latest supreme court judgement on reservation for Economically Weaker Section (EWS) is a welcome move.   One of the substantial question of law that came before the court was   ‘’Whether reservation can be given based on financial status as against caste system.’’       Although it is was overall 3:2 majority judgement, it is very interesting to note that all the 5 judges unamiously agreed with the concept that reservation can be given based on financial status of a person which was hitherto was only based on Caste.   Also, all the judges have observed in chorus that the reservation policy should   be revisted.   Hence, going by this I am of the opinion that days are not too far where reservation policy will be solely based olely on economical & financial status of a person and not based on caste & creed.       Presently a perso...