Criminals reduced and debt incurred

The effect of my last post was quite evident.

Firstly, the efforts put in by my relatives for marriage of my cousin uncle gave fruit and his marriage has been fixed. The dates are not yet decided but the bride is. Secondly, the idea of surrender and get paid put forward by Mr. Nitish Kumar was kind of successful with over 200 criminals surrendering with few days of the announcement. The surrender and rehabilitation package would be worth Rs 200,000 for each person, of which 25 percent would be government aid and the rest would be an easy loan to them. This includes housing, land and education. Also, special courts are being set up for speedy disposal of the pending cases against these former criminals.

Also, today was my last IIM interview (namely, IIMB). I would like to make a summary of how all the group discussions (GD) and personal interviews (PI) went. Lets see if all these match with the final calls I receive, if any.

	IIMA	IIMB	IIMC	IIML	IIMK	IIMI
GD	<>	> OK	OK	OK	BAD	OK
PI	OK	BAD	> OK	<>	BAD	OK

Note: (BAD) is less than (<>

Finally, some facts which people can find informative and useful.

Did you know that the "Big Apple" is a nickname for New York City? Its popularity since the 1970s is due to a promotional campaign by the New York Convention and Visitor's Bureau. Its earlier origins are less clear.

Stop yawning for this one is interesting. Every Indian owes Rs 30,000 (674$ approx). This is on account of the total debt taken by the Indian government which is more than Rs 30 trillion. And we are not backing in any way. In the last year itself India’s debt increased by around Rs 1.5 trillion. When I heard it I too was quite surprised for I knew the figure was around Rs 10000 per person but did not knew it has reached Rs 30000. Also, one important thing to note is that the GDP per capita of India is 622$ (less than the loan per person). So, if the entire value of goods and services produced in an year within India were to be made available for loan payment, we would not be able to repay the loan completely.