Rules, Rules and Rules - Regulations.

Rules are after all man made.
They have their own inefficiencies, insufficiency and turn inadequate over a period of time.
A constant, continuous review and re framing the existing old rules will only make life more meaningful, and worth living.
Fools will only always repeat always go after the old beaten path for ever.
Where ever the old ideas are relevant and good we have to follow them.
But not always all old laid down rules and regulations to be followed blindly.
Constant review is required due to the changing life style and improved technological use of resources and time.
Share Market is supported and controlled by the Government with their own rules and regulations.
But are all the rules are OK.
Should all the rules be simply obeyed.
If reorient our thought process and change the rules of the Share Market will the world be destroyed.
No - never - only one should have the will.
The ever raising prices of Oil Products like Petrol, Diesel, Gas, Kerosene etc., is causing much harm to whole human race which will one day find it difficult to live peacefully.
Hence there should be some soul searching and the Government if it wants to continue to be a Government for the people by the people and of the people go in for a shake up in the rules of the Share Market and decide as follows.

All the shares from the existing share holders of Oil Companies is to be purchased back and re allotted to the actual consumers of Oil Products in the weighted proportion.
All automobile users should be allowed to opt for shares depending on the capacity of vehicle they use and shares should be allotted on an yearly basis so that the consumer will be the shareholder in the oil companies depending on the number and the capacity of vehicles he owns.

Then the profit will be automatically flowing to him making him less nervous.

I used to laugh at one funny observation made by many a Chairman in their Annual Reports

When it is a Government owned or Government controlled organization nobody think about the accountability or profitafibility of the organization.

But when there are shareholders the Chairman says that he is accountable to the shareholders and there fore should run the organization profitably.

Why / Why / This Foolishness .

Every organization whether it is a Government Department or Government Organization or a Private Organization every organization should be run efficiently, effectively and profitably.
There can be no second opinion to this Truth.

Government offices also can earn profits by way of no complaints, no delays and proper implementation of all purposeful rules and regulations.
These can amount to their profit and when that notional profit is not achieved by any head of an institution, department he can be punished by demotion, cut in pay and perks and even dismissal if he is not improving.
I used to feel funny whenever a customer comes into my Branch of State Bank of India and demand better service because we are dealing only with his money.
I never failed to provide the best service possible and all customers invariably left fully satisfied and happy once they meet me.
I used to invite periodically the consumer forum members of the area where I work and ask voluntarily about their feedback about my work.
They only felt frustrated because as long as I remained in that place nobody had any chance to visit their office or complain about anything and hence they felt neglected and lost importance in the eyes of the local public as far as my Branch is concerned.
Of course we deal with people's money in the Banks.
But here at least we keep them safe and return it to them.
But the Government collecting money from the people is not always providing the services it is supposed to provide properly whichever may be the party that holds office in the Government.
It is also only the people's money and that too they are not sure getting back by way of services.
May the lot of our brethren be improved with Divine Grace
All the Best