Why is the Indian Rupee Depreciating? (A Student’s Perspective)

Why is the Indian Rupee Depreciating? (A Student’s Perspective)

The Indian rupee has been on a downward spiral, and today it hit a record low of 81.26 against the US dollar. The rupee is down nearly 6 per cent since January this year.

Union Finance Min­is­ter, Nirmala Sithara­man, recently said that the rupee is rel­a­tively better-placed than other global cur­ren­cies against the greenback.

The value of the Indian rupee to the US Dollar works on a demand and supply basis. If there is a higher demand for the US Dollar, the value of the Indian rupee depre­ci­ates, and vice-versa.  If a coun­try’s import is more than it’s export then this kind of con­di­tion takes place. The rupee’s fall these days is mainly due to high crude oil prices, a strong dollar over­seas, and foreign capital out­flows. As money flows out of India, the rupee-dollar exchange rate gets impacted, depre­ci­at­ing the rupee.

How does a weak rupee impact you and the economy?

Since India mostly depends on imports (includ­ing crude oil, metals, elec­tron­ics to name a few), the country makes pay­ments in US dollars. Now if the rupee is weak, it has to pay more for the same quan­tity of items. In such cases, the cost of raw mate­ri­als and pro­duc­tion goes up which gets passed on to the consumers.The falling rupee’s biggest impact is on infla­tion. The global crude prices have sus­tained at over $100 a barrel since Rus­si­a’s inva­sion of Ukraine in Feb­ru­ary this year. High oil prices and a weaker rupee will only add to infla­tion­ary pres­sures in the economy.

Last week, RBI Deputy Gov­er­nor, Michael D Patra, inter­vened and said, “We will stand for its sta­bil­ity and we are doing it. We are there in the market and we will not allow dis­or­derly move­ment of the rupee. We have no level in mind, but we will not allow jerky move­ment. That is for certain.”

Depre­ci­a­tion in the rupee does not only affect your foreign travel. It can also pinch your pocket with higher fuel prices, higher inter­est rates on your loans, and so on.  If the rupee con­tin­ues to depre­ci­ate, then to cover the economy, the RBI increases its repo rate due to which a common man’s loan inter­est increases. It also results in increase in petrol prices.  For example, if a taxi driver pur­chases petrol for ₹115 per litre one day, then after the rupee depre­ci­ates further,
he might get the same quan­tity of petrol for ₹120 per litre.

Article written by Shiv­ansh Agra­hari on behalf of the SNHS Student Website Team.

Ultimate!  The Game of Sportsmanship and Equity

Ultimate! The Game of Sportsmanship and Equity

An excit­ing new sport has been intro­duced to our area by Ron sir.

Ultimate Frisbee!

He is a cer­ti­fied trainer with UPAI (Ulti­mate Players Asso­ci­a­tion of India) and is cre­at­ing several teams in our area.  Each team is com­prised of 12 players, but only 7 are on the field at one time.  And, impor­tantly, this is a “mixed” sport, which means that girls and boys are on the field at the same time in a ratio of either 4:3 or 3:4.

The sport of Ulti­mate Frisbee focuses greatly on what is called “The Spirit of the Game”, which means that sports­man­ship, self-control, fair play, encour­ag­ing atti­tude, and joy are very impor­tant factors.  Also, there are no ref­er­ees in this sport, so each player must know all the rules in order to play the game and be self-refer­ring.  In fact, each team must have 2 coaches (one male and one female), one of whom is mainly involved in strat­egy and the other is the “Spirit Coach” which means he/she keeps the team focused on sports­man­ship and kindness.

Highly com­pet­i­tive play is encour­aged, but never at the expense of the bond of mutual respect between players (on the same or even oppos­ing side).

Anyone who is inter­ested in playing this sport com­pet­i­tively, please contact Ron sir or any of the current team members.  We have offi­cial matches coming up with the pro team in Jabalpur, and even beyond that into other states in India.

Exciting New Sport:  Ultimate Frisbee!

Exciting New Sport: Ultimate Frisbee!

It was an excit­ing weekend on 3, 4 Sep­tem­ber.  Ron sir created a rela­tion­ship with UPAI (India’s excit­ing National Ulti­mate Frisbee Team), and we had impact­ful train-the-trainer ses­sions with one of their top inter­na­tional players and coaches.

VITS Uni­ver­sity did a great job of hosting the event, and we had several of our sports coaches be offi­cially trained in the sport by UPAI, which enables us to prop­erly train others in our area, and create more teams.  Soon, start­ing this week, we will imple­ment what we learned and start train­ing our students.

One of the great aspects of Ulti­mate Frisbee is the called “The Spirit of the Game”.  It is rec­og­nized inter­na­tion­ally as a key aspect to the sport, which means that every­one who plays the game is also judged on rules knowl­edge, polite­ness, exem­pli­fy­ing honesty and self-ref­er­ee­ing, and always being joyful and excited and encour­ag­ing to those on your team as well as the opponents.

In India, the sport is break­ing bar­ri­ers between all sorts of man-made divides that tend to sep­a­rate us.  There is equal­ity between the genders as India mainly plays “mixed games”, which means that a team is com­prised of either 4 females and 3 males, or 3 females and 4 males.  Each team has 7 players on the field, and more as sub­sti­tutes off the bench.

India’s national team has won bronze at the Asia/Oceana Cham­pi­onship in France in 2017, and proudly has won 5 Gold Medals in “The Spirit of the Game” cat­e­gory.  To win the “Spirit of the Game” cat­e­gory means that the oppo­nents voted India’s team to be the most honest, joyful, ener­getic, encour­ag­ing, polite, and rule-wise team in the tournament.

So, be alert.  We have offi­cially trained Level One coaches now in Satna and Nagod.  This is excit­ing.  This sport is super fun (it is a cross between Amer­i­can Foot­ball, Bas­ket­ball, and Soccer).  Plus, it is a sport that teaches us to be kind and polite, and self-governing…able to work out dis­agree­ments on the field between players in a calm manner.

It was a true honor that Coach Abhinav from UPAI came all this way to train us.  Let’s make UPAI proud and start to field players right here in our area that may even­tu­ally go on to play inter­na­tion­ally for India’s National Ulti­mate Frisbee Team.

India plays all over the world.  Coach Abhinav has played in Japan, Ireland, England, Italy, Aus­tralia, and so many other coun­tries.  It is a sport that is acces­si­ble for every­one, but it takes serious effort to get good at throw­ing the flying disc!  Let’s do it.


A Teacher’s Day Tribute:  An Homage to Our Teachers.  Our Guiding Lights.

A Teacher’s Day Tribute: An Homage to Our Teachers. Our Guiding Lights.

Teacher's Day 2022Teachers.  They the light of the world.

A beacon in the dark, and the hope that gives us strength to survive.  Teachers add value to our character and make us the ideal citizens to make a better country.  Teachers are the building blocks of our lives.  They are the ones who motivate the students to do better in every way.  Teachers are the builders of a better future.

The bond between a teacher and student is like a potter and the clay.  Teach­ers shape the life of the student by teach­ing them about broth­er­hood, kind­ness, and sim­plic­ity.   And stu­dents are the clay, who even­tu­ally become a vessel through the artis­tic and caring hands of the potter.

In whose memory is Teacher’s Day cel­e­brated, and why?  On the aus­pi­cious occa­sion of Dr. Rad­hakr­ish­nan’s birth­day, his stu­dents requested him to allow them to cel­e­brate his birth­day, but in reply Dr. Rad­hakr­ish­nan said that “The cel­e­bra­tion should not only be for me; I would feel proud if it would be a cel­e­bra­tion for all the teachers”.

Teacher’s Day was first celebrated in India on 5 September, 1962.

Once, Pt. Jawa­har­lal Nehru said that he has served his country in many capac­i­ties, so he is con­sid­ered as a great teacher.

How do we cel­e­brate Teacher’s Day at our school?  This day is one of the most mem­o­rable in the rela­tion­ship between teacher and student.  On this special occa­sion, we give choco­lates, gifts, cards, and espe­cially respect to our teach­ers.  We also orga­nize a party ded­i­cated to teach­ers.  That year’s Class 12 does all the plan­ning.  First, they go into every class and intro­duce their juniors to that year’s planned party, and they ask for funds from each student to help pay for the party.

Tra­di­tion­ally, the stu­dents orga­nize games for the teach­ers to play, and there is dancing, and some great food — all orga­nized by the Class 12 stu­dents.  It is a party for the stu­dents as well as the teach­ers because of all the mem­o­ries that are being created and shared from years of inter­ac­tions.  At the end of the party, the stu­dents give a “Thank You” speech, showing appre­ci­a­tion to the teach­ers for putting in years of effort into these balls of clay that will soon go off into the larger world.

Teachers are a precious gift who God has given to students.  Their impact on our lives goes beyond cost.

We, the stu­dents of our school, want to thank our teach­ers for always guiding us and showing us the right path for our life.   You always try your best, even in difficult

times and sit­u­a­tions, and you have high hopes for us.  We are blessed to have you in our lives, and we are grate­ful for you sharing your knowl­edge and life-wisdom and expe­ri­ence with us.  We will forever remem­ber our teach­ers because of the immen­sity of their con­tri­bu­tion to our life.

In Sanskrit, there is an auspicious mantra dedicated to teachers:  “Guru Brahma, Guru Vishnu, Guru Dev Maheshwara; Guru Sakshat, Param Brahma, Jasmai Shri, Gurney Mamah.”

Guru is truly rep­re­sen­ta­tive of Lord Brahma, Lord Vishnu, and Lord Shiva.  Parambrahma means eternal lord whose world is never being destroyed, that lord who had no day or night.  He creates, sus­tains knowl­edge, and destroys the weeds of ignorance.

The guru (the teacher) guides us and makes efforts to push us to the road of success.  We salute all of you great teachers.

Live Chat with Ukraine

Live Chat with Ukraine

We had the oppor­tu­nity to have an hour-long live video chat with a man (a friend of Ron sir) who is on the front lines in Ukraine, helping inno­cent civil­ians by bring­ing them food and offer­ing to take them to safety in shel­ters far from the danger of war zone.

This is a great way to educate our youth, by giving them these sorts of rare oppor­tu­ni­ties to under­stand other cul­tures, other con­cepts, world history, current events, applic­a­ble English lan­guage, and to sort through it all in order to for­mu­late their own opin­ions and world-views.

We thank Brad for taking the time to give our stu­dents a rare look into the life of someone who has decided to risk his own life in order to help others.

And, we thank our stu­dents for for­mu­lat­ing such poignant and rel­e­vant ques­tions.  The ques­tions drove right to the heart of the matter:

  • Why are you risking your life in order to help strangers in a dif­fer­ent country?
  • What brings you ful­fill­ment?  Doesn’t mate­r­ial pos­ses­sions and living a nice life give you ful­fill­ment?  Does helping others bring you fulfillment?
  • Why are you helping people when their own gov­ern­ment and their own people aren’t doing what you are doing?
  • Will this war remain as is, or will it gain momen­tum and become a major world war?
  • Are people there afraid of you?  Do they trust you?  How do you gain their trust?

It was a very unique and edu­ca­tional oppor­tu­nity for our stu­dents, and for Brad in Ukraine as well.