Monday, October 10, 2011

Project Aakash - Ipad

Finally, the day has come in the Indian history that we can boast of showing that we have achieve a great height what others have not. The Government of India has finally launched a tablet PC in association with Datawind, a technology company. The tablet is available at mere 35$ or 2276 Rs including takes precisely. The tablet runs on a android platform and is capable of running word, power point and pdf files. The tablet has an internal memory of 256 mb which can be increased to 2GB through SD card and has a Wifi connectivity with a sim card slot for internet. The one of its kind tablet would be available to students at a price of Rs.1200 thanks to the government subsidy.




A good thing to know is that India is taking step by step to become a super power in the coming years. We can proudly say that if US has given the world an Ipad, India has given Aakash. If Ipad is launched every year with a new version for people who can afford it , we have launched Aakash for the people who cannot afford it. This is the difference, a huge difference !

The difference which starts from a tablet does not limit it their, but continue to each and every aspect of life, including a raring difference between the Wall Street and the Dalal Street. The difference in the financial system, the difference in how we tackle the crisis and also the difference in how we find a solution and not run away from it.

President Obama takes a long pending decision to move the economy but cannot create a single job. Not able to stop the movement of the Job from the west to the east. Neither able to stop the protest by the people against the Wall street greedy monkeys. The question is will he be able to stop the so called Chapter 11 season which is yet to start. Last season saw around 100 banks filing chapter 11, what bout this season. Will still their be privatization of profit and socialization of losses ??

A Small lesson to be learnt for Mr. Obama and also to the people behind the movement behind the Euro countries from Project Aakash. It's not what kind of technology you offer matters, but whom you offer matters. It's high time they start taking basic economical decision rather than just pushing the economy with a temporary boast.

- Niraj, Equity Research Analyst

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