technology is more of a boon than a bane to society.Technology has evolved over the years and revolutionized our lives.There are many types of technology like information technology, biotechnology and medical technology. One of the most influential technologies is medical technology.

Medical technology is the application of science and technology to improve the management of health conditions.It has contributed greatly to the society as it can save lives and increase chances for patients to survive their ordeal. Technology in the medical field has allowed individuals with chronic illness to have productive and healthier lives. These individuals can now lead independent lives without any need for physical, emotional and financial support. Advanced medical aids also enables patients to continue recovery at home reducing their hospital stay and at the same time saving money on hospital bills.

An example of medical technology that has benefited lives is the treatment for of cardiovascular disease, the use of coronary stents - artificial tubes used in cases of coronary heart disease to keep the arteries open – have halved the number of those dying from heart attacks or suffering from heart failure. Patients with an Implantable Cardioverter Defibrillator (ICD) – a small device implanted for those at risk of sudden cardiac death – now have a 98% chance of surviving a cardiac arrest, compared to only 5% without the implantable device. In addition, the minimally-invasive surgical techniques which are now used to treat aneurysms can mean a recovery time of around four weeks, compared to over a year for older procedures.

Hence, all in all, medical technology plays a vital role in allowing people to remain valuable and contributing members of the society. Thus i shall end off by reiterating my stand that technology is more of a boon than a bane to society.

critical period

The following is an edited excerpt of a speech made by world-renowned economist Raghuram Rajan to the Bombay Chamber of Commerce on September 10, 2008.It might be a few years down the line since the speech, but it still remains highly relevant and reaches out to every Indian who has the nation's interests at heart.Ahead of yet another budget presentation, we at Sify thought it only apt to once again highlight it. 

Critical period

I think it is fair to say that we are entering one of the most critical periods in India's history.

The next ten years will determine whether we will take our place amongst the group of nations like South Korea and Taiwan that have made their way from poverty to moderate prosperity in a couple of generations, or whether the last few years have flattered only to deceive - whether the tremendous Indian growth of the last five years, following on the growth acceleration starting in the 1980s, is simply a growth spurt whose underpinnings are unsustainable