Thursday, November 10, 2016

Is a ban on 500 & 1000 Rs. denominations a first step towards Connected Economy?


Rs.500 & Rs.1000 Note(s) are no longer a legal tender. And, this has lead to newspapers, media houses & individuals share their grief & unrealistic comments. e.g. poor farmers will die, A woman died outside a bank, abolishing currency notes will leave poor people to suffer more, even news cover people burning their hoarded money in bulk etc.


Now, the reality is...The Govt. has made a provision to deposit any amount of money in one's bank account till 30th of December, there is only a limit on withdrawal.



If a poor man is worried, that what will happen to his/her crore of rupees stacked up in cash. We should rather focus on redefining the term "Poor".



Govt. has assured, that no person will be penalized, if they can justify their reason of hoarding up the cash they are depositing in banks.


How will this help all of us?


A lot of money will go off the shelf, demand for luxury goods will reduce & therefore a larger impact on demand & supply difference will prevail (possibly for the short term).


As, everyone is forced to open a bank account - even for the deposit/exchange of Rs. 500, banks can counter check on KYC validations- therefore closing down hoax/dead accounts- the ones with no claimants.



If handled judiciously, the next phase of "BAN ON GOLD" - "RARE METALS" can be expected, which limits any trade of jewellery with cash. It will be a valid step, because, by that time, most of the Indians will have active bank accounts- linked to their aadhar cards & systems would have been in place to track down any mismatches. Insight was driven from the fact that Govt. has limit the individual cash levels to up to 3 lakhs only.



Now, poor people can genuinely use Rs. 100 denomination notes- for small purchases without having any major impact on inflation. Whereas, anything exceeding their basic requirement will require a card swipe/ net banking etc., modes of payments etc.



A great boost, to ensure, that the currency is in circulation, secure, tracked & in genuine hands.



In long-run, this will reduce the burden of taxes & bring in simpler forms of Tax Regime. Every govt. or private project will be accounted wisely. Imagine a worker getting his daily wages, directly deposited in his/her account. Whereas, today, he/she might not be exploited by various middle-men to release daily wages in cash form.



Adding further, the next phase will also tighten its knot on Religious Institutions, NGO's with high volume cash spends with no valid tracks. Therefore, reducing high-value offerings & mismanagement by the Committee Members.

However, the impact of Rs. 2000 note is not to be ignored. It is one note, which can create a huge impact on reducing the poor-rich gap.


Let's hope for the best to come our way.

Friday, March 4, 2016

It will be a foolishness to say that social organisations are No Profit, No Loss entities. They are in fact the most cost heavy units running to sell services at cheaper rates while their profit comes from buyers who invest in their ideas.
Here is an explanation: 
Taxation ImpactAn ordinary company manufactures goods/ services & sell it at a price which includes tax components & markup price. Now, goods are sold, taxes are collected & are spent again to the benefit of the nation. On the other side, imagine if the same manufacturer gives away goods to the NGO & deducts the same from its balance sheet & also NGO gives away these goods tax-free. What impact does these practice have on the nation?
Because the country needs the tax system to keep the system running, it will start imposing more taxes & make the good costlier. More the free service, more taxes, more the need for NGO's.
Work Impact
Many people are drawing huge salaries working at NGO's & any strategic partnership with the corporates is all about optimum utilisation of free funds. NGO's are not investing on R&D or developing new avenues of revenue generation at least on the records, rather they lease technology & pays the least price for the acquisition. Again devaluing the technology & leading to lesser investment in R&D - Lesser profits, lesser investment, lesser jobs, lesser upgrades. That is why many countries with a high number of NGO's always end up begging more.

Solution:
We need a change in an NGO model. Every NGO should have R&D department & linked with a consolidation of direct interest companies that ensure it works efficiently. Any losses should be compensated from profits. e.g. Every NGO should be a part of industry, giving best quality products or services & a part of the profits should be disbursed for the expansion plans. The logic is we don't need small, tiny NGO's with a unscattered approach, rather we need a bigger approach with Product & Service oriented NGO's.

e.g.
Food Problem: Hire an entire region, work with farmers, develop roads, establish a unit & best practices, engage the locals in jobs & earn.
Girl Child Education: Lease an entire region, engage the parents in a profession, give them a steady earning, meanwhile open a day care education centres & incentivise parents by giving a small amount extra if their child attends school.

For more ideas, just ask your heart. Be Smart

Monday, December 1, 2014

THE POWER OF YOUR TURN






When the whole world turns you down,
But, you believe in what you believe.
When you pile up everything you have ever earned,And ready for a risk.
When why is not longer a question & No has no meaning,
And you are ready to start from the beginning, if you fail.
When even your friends stop supporting your idea,
And everyone seems to have advised you not to do.
When world has stopped believing in you,
And played their role to turn you down.
Stand up, look into their eyes,
And say, HOLD ON.
Because, you have yet to play your turn.

Monday, October 20, 2014

WHY INVEST IN HYDERABAD?




In a multi-speed world, growth defines its own parameters. Despite the recent headwinds Hyderabad has faced, its fundamentals remain solid and it continues to attain higher rank in business competitiveness. Government is actively working to improve the city’s business environment, and investors are beginning to benefit from improved efficiency and reaping the benefits of lower costs.
In a competitive world, any investment decision is influenced by sustainable growth with consistent prospect for return. The agglomeration effect — i.e. the tendency of firms to settle near other economic units because of benefits such as knowledge spillover, the presence of a specialized labor market and a developed supplier network — and the large service & manufacturing base has been an important factor for business leaders in deciding their investment decisions. With Prime Minister of India’s vision to strengthen the flow of investments in the country, Hyderabad is actively embracing the opportunity to emerge as a model of growth. The government is actively engaged in holistic up gradation of current state and unleashing opportunities for many emerging sectors.

Companies need to understand that volatility is an inherent characteristic of an emerging economy. Opportunities exist. But companies can gain, when they act in time and returns shall sustain. This calls for an integrated effort in unravelling the opportunities which exist in Hyderabad.

As Indian government officially opened up the defence industry to foreign investors, the domestic industry seems poised for another period of rapid growth. Hyderabad has the potential to become an attractive destination for governments and companies around the world that need defence & aerospace engineering services and components. The government has been proactive by ensuring that policies focus on developing good infrastructure and attracting global corporations to set up their base in Hyderabad. The real estate sector will continue to get a boost from government policies. The rapid work in developing an Information Technology Investment Region (ITIR) will further create massive opportunities in spreading of IT & ITes sector. As more companies come to the city, demand for office, retail and residential space will rise drastically, with Hyderabad offering the cheapest office space in the country can go a long way in reducing the operational expenses for the companies. 

To know more...write to me at tarshantjain@gmail.com

Tuesday, October 14, 2014

FLY ASH




CAN PROPER UTILIZATION OF FLY ASH ADD TO OUR GDP?

India’s power consumption is on the rise so as its production. As thermal power stations are increasingly consuming coal to produce energy, the fly ash generated in the process needs better and innovative ways of utilization or disposal.

Burning of coal to meet the energy needs of the country is piling up the fly ash which has reached about 100 million tonnes per year. All out efforts are needed to utilize this fly ash not only from environmental considerations, but also to avoid land usage for fly ash dumping. Though there has been a steady progress in fly ash utilization since the last decade, there is still a long way to go to reach the target of 100 per cent fly ash utilization. It is reported that the fly ash use in agricultural can increase the production of grains by 15 per cent, green vegetables by 35 percent and root vegetables by an astounding 50 per cent. Toxicity tests have proved that fly ash not only reduces toxic elements in the soil but nourishes it with iron and calcium. Optimum utilization of fly-ash with business prowess has the potential to change the discourse of many businesses. It can become a wealth generator by making use of it for producing ‘green building’ materials, roads, agriculture etc. Full utilization of the generating stock has the potential to provide employment to three hundred thousand people and can result in a business volume of over Rs.4000 Cr approximately.

So the question is how to embrace the opportunity and take a step towards cleaner environment by utilizing Fly Ash in our respective industries?

On the basis of studies carried out on fly ash utilization, it is sighted that use of fly ash in building construction possesses great gains. Either fly ash used in brick manufacturing or in concrete mixes, it gives very good results in almost every aspect including product strength, economical viability and environmental friendly. Previously Fly Ash was looked upon as an industrial waste and a pollutant. The perception has undergone considerable change over the past few years. Now Fly Ash has attained the status of a resource material. However, there is a greater need for awareness on implementation ideologies of Fly Ash utilization and disposal. The guidelines for all thermal power stations as regards disposal techniques/ strategies should ensure minimum adverse impact on the flora & fauna of a particular place. The attempt should be to consciously reduce environmental damage to ensure more effective management of fly ash which India needs. 

It's time to think GAINFUL UTILISATION TECHNOLOGIES AND TAKE A STEP TOWARDS CLEANER ENVIRONMENT & 100% UTILISATION OF FLY ASH

BE YOU : Sometimes it's good to break the Emotional Intelligence Territory

Great power comes with great responsibility. Responsible hearts are not affectionate but decisive in nature, as they help in defining right choices for a common good. Love can be joyous, but it can never come with equality. One has to make strong choices.
You don't take the road to home..you drive on it , just to reach to your loved ones. Decisions are individual choices, so as the love & friendship. Love may lead your way, but friends make that way for you.
Choices are many. Responsible is you. Be you.
Be wise. Surprises & shocks have a very thin line. Advisors of love seldom enjoy the company of their loved ones. Because, they advise to give you happiness, but they hardly know the meaning of spreading love.
Half monkeys have advanced the stage to become today's men. Few realize, there is a family who needs to be cared. No one is an exception as we are happy in our own little world. But as the darkness arrives, only dark souls survives. So, stand against the evil thoughts. Fight for that light. Wisdom is in finding your own reflection. Not in following sorrowful actions.
Let Mahabartha not tussle our hearts & make us walking dead. God is in that selfless smile. With those who nurture your 100 years of wishful life.
Call your friends today. Say you love them. They will understand. Because, they are also just the ones like you.
Decisions are what we want to be. So, be you.

Tuesday, May 20, 2014

HAPPY EXECUTIVES are FROGS who can LEAPFROG in a CORPORATE CORPSE

Size of the ladder matters. Because not every company has the strength to grow.

It is an inevitable truth when it comes to Indian Companies, Application of 'Leadership' skills is just a stick and carrot story.

I wonder, if you are an employee and their exists your boss. Where actually we can apply leadership skills. Their is certainly a need of 360 degree feedback system and owners of the 'Lala' or 'MNC's' can later go by their future insights. 

Why I used the word CORPSE? 

It's easy, when we are working in a non-methodical company, all we do is adjust the way 'LIVING LEGENDS - LEADERS' want to mould us. Corpse here represents insensitive nature and high level of ego prevailing in the work-groups.

So, what is the solution?

The simple way is : Leave the company ..but the condition is ' Do you have another job? and then ' Do you really know how to perform your job?'.

Here the real question is : SELF ASSESSMENT.

It's seen, people who have knowledge can always find their way up. But, sometimes, due to lack of SIZE OF THE LADDER..They simply can't explore beyond that.

Understand your skills, Act beyond being Corpse, Hunt for companies who want to use your skills and then Just Rise.

Bcos, whatsapp was also a dream...Sold to a dreamer.

But, you dont have to be entrepreneur. 

You just have to innovate and exit at the right time to enter the bigger pond.

So, Happy Executives are FROGS who can leapfrog.

BRAND MODI v/s BRAND BJP


Today BJP is known by MODI’s sarkar. Well, any party worker would like to achieve that level. But, when it comes to BJP, it's so amazing to know, how Modi has redefined the aspirational level of BJP.

Certainly, there is a clear difference. One is backed by Performance : His achievements in Gujarat. And second (BJP) had desperate need to hire a performer. Afterall, every company wants to hire a verified leader(s) to take their sales a notch higher. Don't we all scan resume’s before we hire anyone. Otherwise, everyone walking in is a Leader.

In nutshell, BJP lacked leadership whereas, Modi lacked a party backing ( though he had leadership skills).

BRAND is all about right mix. So, we should merge with only those brands, which work complimentary and capture the right essence of offering bucket.

So, now it’s time for Congress to find it’s loosened parts and rework on their strategies of brand association and brand mergers. 

Brand MODI exists because, BJP has nurtured it by brand building exercises. Because, without a good exercise, you cant build a good body.

Tuesday, December 17, 2013

Nutrition : Curbing the challenges of malnutrition in India

Growth of a Nation is dependent upon the Health of its People and NUTRITION is a first step to embrace the unique opportunity we all have to nourish; take the heat and make constructive decisions in solving India's Nutritional Challenge and building a healthier India, knowing that we're doing it to make things better for the people of India.



Health is intricately enmeshed with issues ranging from malnutrition to hygiene. In looking for solutions, we have to keep in mind that there needs to be a lot of convergence and inter-sectoral coordination if we are to harbor any hopes of improving the health and well-being of Indians. Our health and well-being are dependent on our commitment to promoting nourished food and its continuous availabilty.



So, the question is how to improve nutrition, food safety and food security, throughout the life-course, and in support of public health and sustainable development?

The inability of the region to feed itself poses an important challenge to overcome at both national and individual levels. Enhancing availability of food, based on comparative advantages in the Region, supplemented by imports or investment abroad and due attention to reducing losses at all stages of the value chain for agriculture and food commodities are key areas for action. Food availability can be enhanced through improved research and extension, and targeted investment in agriculture to improve productivity. While all states in the Region cannot meet their cereal needs through domestic production, many of these states have great potential for intensifying their cereal production and diversifying into products such as livestock and horticulture production. The reduction of losses in the production, processing, distribution and consumption of food will help significantly in improving the availability of food.
While improving productivity and minimizing losses in the food chain are priorities, without decisive investment into rural markets and infrastructure, efforts will not be translated into real success on the ground. Most of the food insecure lives in rural areas without sufficient market access, and their food security and adequate levels of nutrition depend on a well functioning food system. Enhancement in food security and improvement in diets cannot be realized without targeted investments which address the many deficiencies in the food systems.

Against this background cross-sectoral engagement is important in devising solutions.

Some of the main issues which needs to be addressed are :
  • India’s challenge: combating malnutrition in an unequal world
  • Nutrition and Millennium Development Goals: Where do we stand?
  • Coming together to fight malnutrition: Focusing on convergence and cross-sectoral engagement, discussing notable initiatives from the developmental sector and NGOs, as also some successful Public-Private Partnerships
  • The role of nutrition science in combating malnutrition
  • Quality degradation – where is the challenge – storage or movement?
  • Sustainable practicies: strategic relevance to build up business competency

Copyrighted 

Tuesday, February 26, 2013

India’s Challenge: Panorama of Political & Economic Issues



Rise to the situation: Bring Revolution   

The major challenge in India isn’t about how much we know, but, how much we can figure out with what we already know. Lack of information and lack of proper addressing is a problem which is widening the gap in making India - A Super Power.

India like any other developing country is crippling with questions related to feeding of rising population, providing them with adequate infrastructure, healthcare facilities, education, employment and money while keeping the inflation in control. Today, India faces a synergy of challenges. However, in a nutshell, India is witnessing the following main challenges.

1.       Food Security for rising population which is expected to reach 1.5 billion by 2025.
2.       Unemployment leading to migration and states unrest.
3.       Corruption in PSU’s involving political and private sector player spoofing trillion of pounds.

Why these challenges exist?
~ A provoking truth

Major part of the unorganized sector of India has remained unaccounted and unchallenged. Unaccounted money inflates the demand and burdens the government’s expenditure account leading to forced increase in prices. This leads to multi-fold increase in project costs, thereby forcing governments to increase the price of basic commodities to balance the exchequer. This phenomenon explains why 8 states out of the 29 states in India have more poor people than 26 poorest African countries combined. Disparity of income is leading the way and inflation takes away the major chunk of the average consumers’ wallet.

Indian political system has adopted various methods e.g VAT, UIDAI, RTI to bring in transparency in evaluation. But, the political mistrust and existing disharmony among various states of the country has always been a great challenge in bringing consensus and effective reporting.

Decisions like lowering of train fairs in the country, Mr. Montek Singh Ahluwalia’s declaration that 32 Rs./ half a pound/ per day is what an Indian need to remain above the poverty line, Approval of Lokpal Bill in the country, Afzal Guru’s hanging affect in J&K law situation, BRT Corridor failure, CNG adoption in the state, justice to a Delhi’s bus gang rape victim, coal corruption (CAG Reporting), shifting of Tata’s plant from Orissa to Gujarat due to local distrust etc. have always kept the country busy from implementing the real and effective mechanisms. Transparency through technological advancements are much required at state and centre level to bring accountability. This is only possible if state governments at all the levels accept this with fair deal and implement the standard procedures.

Wastage of food due to lack of proper channels of transportation, storage, time consuming inter-state clearances is impeding the food security situation of the country. Disparity in infrastructure situation leads to disparity in employment situation in the country. Recent cases of political corruption in association with private sector have further worsened the situation. Only way forward to this is India needs to awaken to the situation and implement effective local and state level advisory boards and do some real work in bringing transparency in political and economical decision making system.

India’s current challenge is the outcome of small loopholes which are still existent and spreading the tentacles within the system. Standardization of all the systems and effective redressed to major challenges is the need of the hour. 

As it’s said, a rupee saved is a rupee earned. Food is security needs procedures which lead to minimal wastage. Unemployment can be curtailed if efficient and world class infrastructure is envisioned at all the state levels. Corruption can be killed if transparency and reporting is effective.

Written by : Tarshant Jain