Category: Financial

Innovative Financial Advisors Pvt. Ltd. – 70 Years – Famine to Food

Bengal Famine to Right Food – An insightful journey towards food security

Famines were quite frequent in the colonial rule because of the indifference of the British India government towards the plight of the starving people of undivided Bengal. This year marks the 70th anniversary of the great crisis that hit the golden land of Bengal. The estimated deaths were 1.5 to 3 million children, women and men during 1942-43. It is estimated deaths due to starvation in the colonial rule was 30 to 40 million especially in Tamil Nadu, Bihar and Bengal. The Bengal famine of 1943 struck the Bengal province of pre-partition British India during World War II following the Japanese occupation of Burma. It has been argued that the Japanese invasion of Burma was the main cause of the Bengal Famine of 1943, since it cut off all food supplies from the region. A constellation of factors led to this mega-tragedy, such as the Japanese occupation of Burma, the damage to the aman (kharif) rice crop both due to tidal waves and a disease epidemic caused by the fungus Helminthosporium oryzae, panic purchase and hoarding by the rich, failure of governance, particularly in relation to the equitable distribution of the available food grains and disruption of communication due to World War II.

Estimates are that between 1.5 and 4 million people died of starvation, malnutrition and disease, out of Bengal’s 60.3 million population, half of them dying from disease after food became available in December 1943. As in previous Bengal famines, the highest mortality was not in previously very poor groups, but among artisans and small traders whose income vanished when people spent all they had on food and did not employ cobblers, carpenters, etc.

At that time people who were studying in colleges were discussing various ways to develop the nation and combat the current situation. Seventy years now the country misses the spark in the youth who may come up with protests but lack the intellect to provide a solution which makes our great nation food secure. Even our politicians who believe the Right to Food as a game changer in the 2014 General Elections wants to rush into this. No doubt this is a good initiative by the current UPA government but it also adds up to the rising fiscal deficit which the reforms from Prime Minister’s Office can’t decrease. 70 years on we are still not food sufficient still people are dying because of extreme hunger and poverty estimating up to 2 lakh per year. It seems the great economists of the country are on a long holiday or may be their ideas are out of stock.

What’s more shocking is that being an agrarian economy with majority of the population engaged in agricultural activities still no youngster is willing to become a farmer. The country has dramatically failed to understand the importance of farming. There is no remuneration and the richest people in the country are not the people who provide you with food to survive. The biggest corporations in the country are not an agro-based company. Every day we keep hearing farmers committing suicides. In this scenario the government wants the Right to Food bill to pass without realizing or providing any protection to the farmers. If anyone wants to become a farmer the society, parents look down to the idea, they play a prime role in discouraging their wish. But they are not wrong when they do that they do it because the remuneration of a Investment Banker or Doctor or Engineer is way higher than that of a farmer who after working hard to provide food (energy) to these Engineers or Doctors or Investment Bankers to work or survive lives in less than $1.25 a day. The youth of the nation doesn’t ask the government of India why is the situation so gruesome at ground level.

The Right to Food bill may provide food to 75% of the rural population and 50% of the urban population but it doesn’t do anything to improve the status of the farmers. There are many reasons to debate this bill but the government of the country is always interested in providing freebies before every election in the country. 70 years on the situation remains critical because policy makers have not done enough to eradicate poverty out of the lives of the people who are responsible for making this country food secure.

For more information visit: Innovative Financial Advisors Pvt. Ltd.

Far East Energy Corporation (feec) – Financial And Strategic Swot Analysis Review

July, 16, 2014 : Company Profiles and Conferences presents a Company Report on “Far East Energy Corporation (FEEC) – Financial and Strategic SWOT Analysis Review”, who helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

Far East Energy Corporation (FEEC) – Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the companys businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the companys key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

– Business description A detailed description of the companys operations and business divisions.
– Corporate strategy Analysts summarization of the companys business strategy.
– SWOT Analysis A detailed analysis of the companys strengths, weakness, opportunities and threats.
– Company history Progression of key events associated with the company.
– Major products and services A list of major products, services and brands of the company.
– Key competitors A list of key competitors to the company.
– Key employees A list of the key executives of the company.
– Executive biographies A brief summary of the executives employment history.
– Key operational heads A list of personnel heading key departments/functions.
– Important locations and subsidiaries A list and contact details of key locations and subsidiaries of the company.
– Detailed financial ratios for the past five years The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
– Interim ratios for the last five interim periods The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

Far East Energy Corporation (FEEC) is a US-based independent energy company. It undertakes acquisition, exploration, development and production of coalbed methane gas (CBM), oil and natural gas properties. The company explores and produces CBM in Shanxi and Yunnan Province in China. The company has vertical, deviated and horizontal drilling technologies, which has an appreciated success rate in CBM application. FEEC also uses hydraulic fracturing technology for CBM exploration and development. It operates with its wholly owned subsidiary Far East Energy (Bermuda), Ltd., and three product sharing contracts in Shanxi and Yunnan provinces in China.

Regaining Financial Stability through Negotiated Debt Consolidation Loans

Australia was one of the few countries around the world that emerged relatively unscathed from the financial crisis that gripped most of Europe, United States of America, and Asia. However, there were many businesses and individuals who had to take the unwelcome step of having to declare bankruptcy, a move that is literally the last resort for many people.

Financial Meltdown

With money flowing freely and credit cards being issued with the minimum of due diligence, the spending spree was quite large; however, when the economy slowed down and shifted focus, the creditors started pressurising their clients for repayments. For individuals and businesses that had problems repaying the accumulated debts, the only option left to them was to find debt solutions in Australia which would be acceptable to the creditors. This type of situation is tailor-made for the services of a debt mediator who can then provide the individual and the creditors with a mutually agreeable debt solution. The role of a debt mediator is to completely research the financial standing of the debtor, before they can even begin the process of consolidating all the debts. This type of solution through debt consolidation has proved to be one of the best solutions that are acceptable to both parties.

Expert Debt Mediators

One of the most common methods used to find debt solutions in Australia to repay creditors is to take a debt consolidation loan; this is a single personal loan provided by financial institutions, which can clear all or part of their outstanding debts. This solves any incipient problems of a creditor trying to pressurise the debtor to file for bankruptcy. One of the advantages of this kind of debt solution is that the debtor does not have to keep track of different debt repayments, because all the debts will be consolidated into one debt. With the consolidation loan, the part or full repayment can be done, but any future repayment is done with one payment on a monthly basis, freeing the debtor from having to keep track of various repayment issues.

Clean Credit Score

Defaulting on debt repayments, which is normally considered after a 60-day delay, is usually recorded in an individual’s credit history. This record might seriously impair the debtor’s ability to obtain any future credit, which would hurt them quite badly; the entry in the credit report is usually kept for a period of 5 years or longer. However, using the debt solution provided by your debt mediators through a consolidation loan would help to solve this problem and avoid a poor rating or credit score in Australia. This consolidation loan works on the principle of reducing or cancelling all or part of your debts, and consolidating the remaining repayments with a monthly single payment, which would be easier to manage for the debtor. By consolidating the debts, the debtor is able to easily manage their remaining debts or liabilities in an efficient and effective way without having to worry about when the next repayment is due.

Author’s Bio:

Author has many years of experience in content writing. He is the most celebrated and acclaimed author in financial sector. Now he is providing information on debt solutions Australia and credit score Australia.

Tips For Choosing Reliable Financial Planners

Choosing a Sydney financial planner that is right for you can be very difficult and somewhat confusing task. Financial services in Sydney are numerous but naturally you want someone you can trust with planning your cash flow. So knowing where to start from requires some basic pointers.

Before starting your search for experts take some time to analyze what your current fiscal situation is. There are many free calculators available on the internet that can aid you to start determining your actual fiscal position. In addition, this will also assist you get an exact idea of just what sort of support and guidance you are looking for from the expert.

Next important thing is that you need to have an idea of what your objectives are for making economic blueprints. This will allow you to further determine what sort of advice and help you are looking from a professional. There are infinite areas in which you may require professional help. For instance, you only need help to plan for your retirement. Or on the other side, you may be seeking for assistance in all fields so that you can have a reasonably secure future.
Now when you are done with these foundational works, you need to take out time to research before employing an adviser. There are some important things to keep in consideration that will help you choose on the best match for you. First and most important ensure that the service provider has the proper license that is very essential.

Secondly, you need to investigate and explore the experience that the financial planner has. Find out how long the service provider has been in the business and in what fields they are experienced in. Depending on what sort of services you are looking for, you need to ensure that they have enough experience in the particular field. Choosing a financial service provider that is experienced in all fields can be helpful for your business and its growth. Therefore, you must ensure that you do not make any decision without doing your homework.

Any service provider that you choose to employ it is suggested that you ask for references and check whether their previous clients and customers were satisfied or not. Or you can also ask recommendations from your friends and business partners.

Not only this, find out how much the company charges for their services. For example, you need to know is this a fee for service provider or do the concerned company takes a commission from providers or so on. Be definite that you are comfortable the charges asked by the planner.

Last, but not the least you must check the qualification and education of the advisor with whom you want to work with. It is quite important that the expert has advanced degrees so that they can proficiently handle all situations. Hope, these above mentioned tips will help you to choose the best financial planner in the town.

The Inter Relationship of a Financial Planner with the Equity Services

We all know that a perfect or optimized behind any concept can offer us with expected or desired outcome no matter it might be catering the different unavoidable conditions. The same fact goes true while making worth countable decisions about financial investments or depositing. Such highly important decisions and suggestions can be best provided by a financial planner.

This is because he is an expert who can offer an individual with sound advices after diminishing the risk factors and estimating the exact losses that might be incurred unexpectedly. He can very well perform his responsibilities to such fiscal problems associated with financial conditions and its related issues by releasing the stress of his clients and customers. The main objective behind all these planning is to provide an optimum and satisfactory solution meeting all the demands and expectations of the clients of a financial planner. These issues are planning based on education, cash flow management, planning related to an investment, retirement planning, planning of profitable insurance and also risk management factors. Planning on tax benefits, real estate investments and planning on business prosperity are some of the other notable sectors in which these financial professionals try to offer a perfect stress free solution.

Financial planning also includes the equity services that are basically based on providing optimal solution to an individual running in continuous financial crisis. For instance if an individual is in unceasing distress of problems mountings on the conditions of economy and finance but also needs to investment on an asset or need to purchase a property, then a financial planner can come into active play to sort out the discrepancies by offering relieving strategies to meet the demands and fulfill the desires of the client.

Issues related to investment when the same needs to be paid in the installment basis, even then these financial experts can offer the best advice as a part of the equity services where topics concerning loans and tax payment are covered quite comprehensibly. Benefits behind a long term investment or a short time investment can be best elaborated by these professionals to their clients.