Thank you!

Dear Readers,

Thank you, indeed. The number of page views crossed 15K on Nov. 1, 2016.

A compilation of the blog posts up to first quarter of 2016 has been published and is available on Smashwords, Amazon (Kindle store), and Google Books.

Saturday, April 6, 2013

Debt Repayment

The time for repayment of our debt to the motherland (DTM), is looming large on us.  After repaying the minor debts of house tax, water tax, VAT, Income tax and what have you, the time is at hand for repaying your biggest debt.  No, no; we are not talking of your housing loan or the recent car loan.  We are not even talking of the per capita debt in India which now stands at INR 33000.  It is the debt of duty towards the motherland.

There are several, with two very prominent ones, who find their debt burden so heavy that it can be repaid only at the august office of the Prime Minister and they are clashing bitterly to be at the head of the queue.  You can form an idea about the size of the debt from the fact that it takes at least five years to settle one account.  The settlement is often partial and extra time is demanded to complete the repayment in full.  Human life being short as it is, many large debtors aspiring to clear the dues have to contend with the fact that their lifelong wait in the queue may not bear fruit.

Lesser mortals with lower burdens of debt have been advised to repay it at their respective workplaces.  As the advise goes, the teachers owe it to their students and doctors to patients under their care.  However most of us are at our wits' end at the perverse nature of this repayment when we look at the dent that these services, namely, education and health make in our finances!

As far as I am concerned, I think I have repaid my debts at the workplace over a long period of 37 years and I hope the account is settled in full.  Though numerous Tax Deductions at Source seem to suggest otherwise.

As part of this repayment festival, geriatricians are welcome to repay their DTM through me.