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What are some of the worst speeches/statements given by Indian politicians/public figures?

Terrorists have advantage of surprise-Manmohan Singh, PM after the Mumbai terrorist attacksWhen you can buy ice cream for Rs 20, why complain about price rise?No loss to government due to coal mining scam-Chidambaram, ex-Home Minister on price rise and one of the biggest scamsI thought it was juice-Murli Manohar Joshi, ex-HRD minister, after drinking ferrous sulphate solution in a school science fair and ending up in hospitalAvoid crowded places-Home Ministry & Intelligence Agencies after Mumbai bomb blasts (a city of 13 Million people, to get an idea of crowded)Give us the master key-Sachin Pilot & IT & Comms Ministry to BlackberryBoys and girls should be married by 16-Om Prakash Chautala, ex CMWe will take care of Mr Kejriwal in due course of time-Salman Khurshid, Law minister threatens a rights activistThey were eating gol-gappas, roaming with their dogs at India Gate.-Sharad Yadav, MP about anti-corruption campaignOur culture doesn't back smoking by women-Health MinistryIf there is electricity in every village, people will watch TV till late night and then fall asleep. They won’t get a chance to produce children. When there is no electricity, there is nothing else to do but produce babiesHomosexuality is unnatural and a disease-Gulam Nabi Azad, Health Minister's expertise on population control and homosexualityBoys and girls should be married by the time they turn 16, so that they do not stray... this will decrease the incidents of rape- Sube Singh, Panchayat leader's ideas to prevent rapeThe public forgot Bofors, soon they will forget this as well-Sushil Shinde, Home Minister on Coal ScandalNo loss to government from 2G spectrum allocation-Kapil Sibal, HRD Minister on one of the largest scams in historyTo my understanding, consumption of fast food contributes to such incidents (rape). Chowmein leads to hormonal imbalance evoking an urge to indulge in such acts.- Jitender Chhatar, a thua khap panchayat leader on rapeWe should avoid the use of computers and english in India-Mulayam Singh Yadav, ex-CM70lakhs is not the amount a minister can scam for.....we will take the news seriously when it will be about 70 crores-Beni Prasad Verma (Iron and Steel Minister) on Salman Khurshid's PD Aid ScamRahul Gandhi, projected future PM deserves a special section:We will stop 99 per cent of the attacks. But one per cent of attacks might get through and that is what I am saying-After Mumbai AttacksHaathi sab paisa kha gaya-about BSP election campaignPeople of Uttar Pradesh are beggars in Maharashtra and Punjab-Forgot where the Bachchans are from, huh?Don't elect a 88 year old Achuthanandan as CM, he is old-At 42, his qualification to be "Youth Congress Chairman" is a bit shaky too7 out of 10 youths in Punjab are hooked on to drugs-on drug problem in Punjab (or was it 10 out of 7..? in the speech)India is the Saudi Arabia of 21st centuryContributions from - Harish Aditham, Siddharth Bhattacharya, Preeti Bhonsle , Ravi Kodakandla , Preyas Shah , User-12526016429895323298 , User, Chakraveer Singh, Vivek Tiwari as well. Fell free to suggest more. I think there is no shortage of statements like these.Edit:Why these are the dumbest statements ever made?(copied from the comments)Manmohan Singh - A city is under attack, people are dead. Whats a PM supposed to say? Oh, geez terrorist are like that, they have advantages?Chidambaram - Dhal and essentials prices sky rocket, farmers are reeling from debt and committing suicide. Only middle class are there in the country or what? What about the remaining 70%? Statement is adjust, its a part of life?The coal mining scam is supposed to be setting new records in losses to the government due to corruption and mismanagement.Joshi - A HRD minister (and Science & Tech minister) visits a school, drinks from an ornamental vase meant as a science project and ends up in a famous hospital. A science minister who does not know to tell the difference between a student project and energy drink.He was also a Professor of Physics at Allahabad University.Home Ministry - A bomb goes off in a city where population density is 20K per sq KM and advice is "avoid crowded places"? Mumbai trains are crowded, offices are crowded, apartments are off the charts - there is not a single place which is not. And this is the official response?Sachin Pilot - There is no master key - A Wharton graduate does not know that or what? There are P2P (peer to peer) communications with no central server. Even Blackberry cannot intercept everything on their devices. - thats why its called a secure system. Instead of spying on citizens without a warrant, why not use these resources to do something useful?Om Prakash Chautala - In a country where legal limit to get married is 21, what is that even supposed to mean? A statement coming from a CM at that?Salman Kurshid - A law minister making an open threat against a activist working for RTI. Doesnt get any more lame.Sharad Yadav - An MP calling citizens dogsHealth Ministry - An official statement that is sexist by a ministry of the Government? Its okay for guys to smoke according to Indian culture?Gulam Nabi Azad - A health minister who thinks sexual orientation has to do with diseasesThe rape statements? Wrong on so many levels, these can give you a blinding headache and make you angry.And of course, Rahul:1.People are looking for hope, not excuses.2. He is the General Secretary of a party that is in the middle of some of the worst corruption scandals in the history of the world. Pointing fingers at other parties?3.Dividing people based on region to get votes is a cheap tactic, and this statement is wrong given that many famous people in Mumbai are from UP.4. He accuses one state candidate of being too old for the job and crosses the state border and endorses another 88 year old candidate (Karunanidhi M). Besides, based on the bench mark set by him for "Youth Chairman" (he is 42 after all), 88 should be the new 40.5. There is no study to support the statement (there is ambiguity in the speech itself - he said 10 out of 7 youth too). The original study said 7 out of 10 drug addicts are youth, not 7 out of every 10 youth are addicted to drugs. There are 14 million men and the statement means that at least 5 million drug addicts in Punjab. That would make India one of the highest drug addicted people in the world. Maybe he exaggerated the problem for highlighting it? No. The reported rate was 1 in 17 or close to 5.8 percent. 10 fold increase? Quoting 12X figures is buffoonery, when done by a PM candidate. What does he have against Punjab's youth?6. In what family dominated politics? Saudi is a country with human rights violations and women rights issues. Comparing it to India?

What is your opinion on the 81% funding of BJP coming from the unknown sources?

What is your opinion on the 81% funding of BJP coming from the unknown sources?Before sharing my opinion on this question, let me tell you something interesting. You must have heard of ‘Vedanta’, a UK based company, a foreign company.According to FCRA Act 2010, a political party can't accept donations from a foreign company or a foreign company can't make donations to a political party. But BJP violated the law and accepted donations from Vedanta. When Congress lead UPA found about this violation of law, they questioned Vedanta. But instead of taking action against Vedanta and BJP, they made a settlement with Vedanta that the Vedanta will also donate to the Congress.In 2014, while listening to a PIL, the Delhi High court found both Congress and BJP guilty for accepting donations from a foreign company, 'Vedanta'.The Delhi High Court directed the Central Government and the Election Commission to take strong action against both the political parties.Meanwhile, it was the time, the NDA replaced the UPA at the centre, Narendra Modi became the Prime Minister and Arun Jaitley became the Finance Minister.Though, the centre government went on appeal and the matter was pending in the supreme court. Arun Jaitley found a unique way to save both the BJP and Congress party by retrospectively amending the FCRA Act (by silently routing it through money bill) in 2016. This amendment in the FCRA Act changed the definition of a foreign company, now any foreign company having its subsidiary in India can donate to the political parties. Thus, it nullified the illegality commited by both the parties.The interesting part is that Kapil Sibal, a reputed leader of Congress was representing both BJP and Congress in the Supreme Court. The appeal was later withdrawn from the Supreme Court, because according to amended FRCA, both parties haven't violated any law.[1][1][1][1]This possibly can be a huge threat to the Indian democracy and national security, but both the political parties chose to save themselves by compromising on it. It is for everyone to see how nationalist these parties are.Now, coming to your actual question.I did already know that BJP was receiving much of their funding form the unknown sources, same goes to Congress. Just visit the website 'myneta.info’, “Financial Information (Donation & Income-Expenditure)”, and know about the donations and expenditure of the political parties, it is an Indian subset of ADR.But here is a ‘BIG’ question. It only includes the disclosed income and expenditures of the political parties. What about the undisclosed income and expenditure? The real income and expenditure of political parties can be extrapolated at nine or ten times the disclosed income and expenditure.Meanwhile, Mr. Arun Jaitley has introduced new finance bill, which not only allow the donor to hide his identity through electoral bonds, it also eliminates the cap on corporate giving (which previously stood at 7.5% of a corporation’s average net profit over the previous three years) while it abolishes the provision that firms must declare their political contributions on their profit and loss statements.[2][2][2][2]Welcome to New India.Bribery by the corporate houses and industrialists to political parties is legalised with FCRA amendment and new finance bill.Sources:Revealed: Jaitley Redefines 'Foreign' as 'Indian' to Get BJP, Congress Off the Hook for FCRA ViolationThanks for reading.Footnotes[1] Foreign funding: BJP, Congress withdraw appeals from SC[1] Foreign funding: BJP, Congress withdraw appeals from SC[1] Foreign funding: BJP, Congress withdraw appeals from SC[1] Foreign funding: BJP, Congress withdraw appeals from SC[2] Finance bill makes funding for political parties more opaque than ever[2] Finance bill makes funding for political parties more opaque than ever[2] Finance bill makes funding for political parties more opaque than ever[2] Finance bill makes funding for political parties more opaque than ever

If I were to start a small business, what kind of accounting and finance skills would I need to understand my balance sheet and to make decisions accordingly?

Finance skillThe most important finance skill to master when starting a small business is cash flow management. That is, knowing 'what's in the bank' adding what can we reasonably expect to receive in cash in the coming weeks less what are we 'locked-in' to paying over the same time period and items would we like to purchase in this period. A Cash flow schedule is simple enough to set up and modify in Excel and should be prepared at least 13 weeks in advance and updated every week. A basic one for a six week outlook will look like this:Accounting skillAs for accounting skill, I would concentrate on the skills of:keeping all records relating to money transactions i.e. cash receipts, invoices, sales dockets, bank statements, loan agreements, credit card statementsseparating those records that directly relate to your business from those that are purely personal expensesclassifying each business transaction according to a set list called a 'chart of accounts' or an 'accounts list' that classifies 'the things the business owns' as Assets, 'the money the business owes to others' as Liabilities, 'the money invested by you' as Owners Equity, 'the money received from sales, fees earned or interest' as Revenue and 'the money the business paid out to earn that revenue' as Expenses. (Look for 'chart of accounts' examples from the internet)Doing these three activities make it an easy task (less expensive) for an accountant or bookkeeper to prepare your Profit and Loss Statement and a Balance Sheet. Better still is to purchase some accounting software and enter the information in yourself and print out your own reports.Understanding financial reportsAs for understanding the reports, there is plenty to read into financial reports particularly when compared against previous periods, but I would concentrate on finding answers to the following critical questions:Is my business profitable? - This is the bottom line of the Profit & Loss statement which is calculated by taking Expenses away from Revenue. Net Profit explains how sustainable your business is.How much net worth do I have in the business? - This is the total of the Owners Equity found on the Balance Sheet which is calculated by taking the Liabilities away from the Assets. Owners Equity explains how strong your business is financially.Online coursesAs for finding sites to learn about accounting, I think this person does a very good job. http://www.accountingcoach.com/ . I have also started to compile a series of online articles on accounting that you might find helpful. http://knol.google.com/k/nowmaster-accounting/basic-accounting-concepts/y2cary3n6mng/2#..

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