Dhananjaya Parkhe

DhananjayParkhe

10 Mind-Blowing Things That Happened This Week (9/29/17) – Listverse

OUR WORLD

10 Mind-Blowing Things That Happened This Week (9/29/17)

Keeping up with the news is hard. So hard, in fact, that we’ve decided to save you the hassle by rounding up the most significant, unusual, or just plain old mind-blowing stories each week.

The final full week of September was so packed with political action it almost felt like being back in election season. Two major economies held shocking votes, another called an unexpected election, and one vitally important region voted to become the world’s newest country. While not all stories were seeped in politics this week, it was impossible to ignore the shock waves being generated in governments across the world.

10Germany Suffered Two Massive Electoral Shocks

Angela Merkel will be Germany’s chancellor for another four years.

That was the biggest takeaway from Sunday’s German election, and it’s a thoroughly unsurprising one. Behind Merkel’s win, though, were two massive shocks.[1]

The first was the ascent of the right-wing, anti-immigrant Alternative fur Deutschland (AfD). Founded in 2013 as an anti-Euro currency party, it morphed into its current form around the time of the 2015 migrant crisis. Despite a chaotic summer, polls consistently showed the party set to enter Berlin’s Bundestag. (Any German party that gets over five percent automatically qualifies.) But rather than just squeaking in, AfD managed to pull down 12 percent of votes. The right-wingers are now Germany’s third largest party.

The second shock was the collapse of the center-left SPD. Junior coalition partners to Merkel’s CDU, SPD started 2017 riding high. Their new leader, Martin Schulz, was meant to be the German Justin Trudeau. His party polled in the 40s. He was tipped to unseat Merkel.

Instead, Schulz took his party to their worst defeat since 1949. So bad was their 20.5 percent that the party has bowed out of government, leaving Merkel to cobble together a new coalition with the newly resurgent pro-business FDP and the Greens. So far apart are the parties, though, that the next German government will likely be riven by infighting.

9New Zealand’s Election Ended In A Stalemate

One day before Germans woke up to a severely weakened government, New Zealanders got to experience the exact same feeling. Prime Minister Bill English’s National Party started the night as a minority administration with enough friends in parliament to push through important votes. They ended it stuck only six seats ahead of a left-wing coalition between the Greens and a resurgent Labour Party, with two of their friendly parties forced out of parliament. The results left no one able to form a government.[2]

The only winner in this hot mess was a guy called Winston Peters (pictured above), a plain-talking anti-immigrant candidate whose New Zealand First party lost three seats but still ended up in the role of kingmaker. With the National Party on 58 seats and the Labour-Greens tag team on 52, Peters’s nine seats are desperately needed to bring either side up to 61, the magic point at which a New Zealand government can be formed. Peters has said there’s no chance of this happening before October 7. Until then, NZ is effectively without a government.

8Kurdistan Voted To Become The World’s Newest Country

Photo credit: Sky News

After two significant elections, Monday dealt yet another earthquake. In a hotly contested referendum, Iraq’s autonomous Kurdish region voted by 92 percent to break off and form an independent country. The result left Washington, London, Brussels, Baghdad, Tehran, Moscow, and Ankara united for the first time in ages by their fury.[3]

Prior to the fall of Saddam in 2003, Iraq’s Kurds were a heavily persecuted minority. (Saddam once dropped sarin on an Iraqi-Kurdish village on a whim, killing over 4,000.) Then ISIS arrived on the scene. As the Kurds fought them back, they took control of ex-Iraqi cities like Kirkuk, which had fallen to the Islamic State. This increased Iraqi Kurdistan’s territory at the expense of Iraq. When Kirkuk was included in this week’s independence referendum, Baghdad hit the roof.

The fear is that Monday’s vote will spark yet another conflict in the Middle East. Iraq may try to reclaim Kurdistan by force, or Iran or Turkey might get involved to stop their own Kurdish minorities agitating for independence.

7Washington Was Hit By Another E-Mail Scandal

Photo credit: Andrew Harnik/AP

A year ago, the name “Clinton” was synonymous with two words: “e-mail” and “scandal.” Hillary’s use of a private server to send official e-mails may have cost the Democrats the 2016 election. Now, yet another e-mail scandal has blown up in Washington. Only, this time, the name “Clinton” is nowhere in sight. Instead, all eyes are focused on three very familiar names: Kushner, Bannon . . . and Trump.

On September 25, it was revealed that six of President Trump’s closest advisors had been using private e-mail servers to conduct official business. First, word broke that the president’s son-in-law, Jared Kushner, was implicated. Then came a tsunami of follow-up allegations. Former White House chief strategist Stephen Bannon was named, along with former chief of staff Reince Priebus and two lesser-known Trump advisors. The biggest name of all came when the president’s daughter, Ivanka, was also implicated.[4]

Democrats have launched an investigation into this new e-mail scandal, possibly as a way of getting back at the GOP’s attacks on Hillary. It’s worth noting, though, that the scale of offenses is different. Kushner is being investigated for around 100 e-mails. Hillary had mishandled tens of thousands.

6Japan’s Prime Minister Gambled Big On A Surprise Election

A couple of months ago, we told you about how an upstart party in Tokyohad given Japanese prime minister Shinzo Abe one heck of a black eye in regional elections, sending his approval ratings spiraling. At the time, we speculated that Abe wouldn’t be in charge of Japan for much longer. Well, Abe’s either about to prove our point or spectacularly call our bluff. In a borderline crazy high-stakes gamble, the Japanese PM this week called a surprise election for October 22.[5]

Abe’s election strategy was launched only minutes after Tokyo governor Yuriko Koike declared she was founding a new national party. Since Koike is the woman who humiliated Abe in the Tokyo elections, there’s a real chance for her to blow the government wide open.

Abe is a significant world leader. Only a few months ago, he seemed on course to become the longest-serving postwar prime minister of the planet’s third largest economy. Yet the last two years have seen so many electoral upsets that we’re in danger of losing count. It could be that Japan’s electorate is now less than a month away from shocking their establishment, too.

And now let’s finally talk something other than politics.

5Russia Uncovered A Spate Of Horrific Cannibal Killings

Photo credit: Times of Trend/Twitter

It all started with a broken cell phone.

On September 11, Russian builders discovered a damaged phone lying on a street in the city of Krasnodar. It wasn’t locked, so they took a look at the pictures. They found images of a man and woman posing with dismembered corpses and eating human flesh.

The cell was traced back to Dmitry Baksheev, a local kitchen porter working in an military hostel. Along with his wife, Natalia Baksheeva, he was arrested this week. Police found shocking evidence that the couple may have spent nearly two decades living out perverted fantasies of murder and cannibalism. If all their confessions are confirmed, they will turn out to be two of Russia’s worst-ever serial killers.[6]

Details are sketchy at the moment, but it seems the two were in the habit of drugging victims, skinning them alive, and eating their remains. Pictures found on the phone dated back to 1999, showing a severed human head on a table surrounded by fruit. Human flesh was found in their freezer. There’s evidence that they tried to sell it to the kitchen Dmitry worked in.

All told, the couple are thought to have killed 30 people.

4An Experimental Implant Revived A Man From A Vegetative State

Photo credit: Corazzol et al.

15 years. That’s how long the unnamed patient in an experiment reported this week had been in what’s called a persistent vegetative state, a technical way of saying he was as close to being a corpse as you can get without actually being dead. It’s long been assumed that anyone in this state for over a year can’t ever hope to recover. It’s an assumption that may have to change. After fitting an implant on the patient’s vagus nerve, doctors were able to revive him to a state of minimal consciousness.[7]

The vagus nerve is basically the brain’s information highway to the rest of the body. It also connects to two brain regions linked to consciousness. By electrically stimulating it for a month, doctors were able to get the injured man to follow objects with his eyes, express surprise, and even fulfill simple tasks like turning his head.

It’s hard to overstate this breakthrough. We may one day get to a stage where we can fully revive people in certain kinds of vegetative states, a true win for science.

3A Mexican Quake Survivor Turned Out To Not Exist

Photo credit: AP

Last week, Mexico was hit by its second devastating earthquake in under a fortnight. One of the biggest tragedies came when a school collapsed, killing many children. Only 12-year-old Frida Sofia survived, trapped in the rubble as authorities worked around the clock to rescue her. Her survival story gripped Mexico, a nation desperately in need of some good news amid the tragedy. It captured international attention.

On Friday, September 22, that interest turned to anger. Out of the blue, rescue workers stopped searching for Frida, but not because she was dead. Frida turned out to have never existed.[8]

The revelations made many in Mexico furious. There was a feeling that the authorities and media had been playing the public along, perhaps to distract attention from planning failures that made the quake so deadly. Strangely, this isn’t the first time such a story has gripped Mexico, only to be revealed as false. After the 1985 quake, a huge effort was made to save a little boy trapped in a collapsed house. Like Frida, he turned out not to be real.

2Former Congressman Anthony Weiner Was Jailed For Sexting An Underage Girl

Photo credit: AFP

There’s a whiff of nominative determinism about the fate of Anthony Weiner. The former New York congressman was once primarily known for having the silliest name in American politics. After that, he was most famous for sticking his own wiener in a champagne glass and sending the picture to an unwilling woman. This week, his reputation dropped even further. Today, Weiner’s wiener is best known for being sent online to an underage girl.

The details of the case are enough to convince you that David Icke is right and that everyone in power is some sort of freaky lizard with an overt fondness for child abuse. Weiner convinced a 15-year-old to take naked pictures of herself and send them to him, a move so utterly illegal that no amount of friends in high places could save him. After being found guilty in May, Weiner has finally been sentenced to 21 months in jail.[9]

1North Korea Claimed The US Had Declared War

Photo credit: Shannon Stapleton

In the last year or so, North Korea has managed to go from the butt of everyone’s jokes to the boogeyman of everyone’s nightmares. Under portly sociopath Kim Jong-un, the country has tested more nuclear weapons than ever, threatened to bomb Guam, shot missiles over Japan, suggested it will test a hydrogen bomb in the Pacific, and generally acted like it’s on a one-nation mission to trigger World War III.

This week, that mission edged one step closer to reality. In response to some scathing tweets by President Trump, North Korea’s foreign minister, Ri Yong-ho, claimed the US had declared war. The upshot? Pyongyang was now ready and willing to shoot down any US aircraft that came within 80 kilometers (50 mi) of its borders.[10]

To be clear, the US is not at war with the DPRK over this declaration. However, it is likely that Pyongyang will now target US planes. A single one gets shot down, and that could well lead to a real war, complete with thermonuclear devices. We’re at a point of divergence here: In one future, you’ll be looking back on this entry and wondering what we all were worrying about. In another, you won’t be looking at it at all because the world will be a charred, smoking ruin.

Source: 10 Mind-Blowing Things That Happened This Week (9/29/17) – Listverse

DhananjayParkhe

demonetisation: CBDT chief tells tax officers to target Rs 3 lakh crore unexplained cash deposits during note ban – The Economic Times

Identifying a sizeable slice of deposits as unaccounted cash will not only shore up overall tax collection, but also give govt a chance to show note ban a success.

Source: demonetisation: CBDT chief tells tax officers to target Rs 3 lakh crore unexplained cash deposits during note ban – The Economic Times

DhananjayParkhe

Pharmaceutical Supply Chain Security Risk Assessment for Shipping Lanes | Pharmaceutical Outsourcing – The Journal of Pharmaceutical & Biopharmaceutical Contract Services

With the publication of the European Good Distribution Practices(GDP) guideline, to better protect the pharmaceutical supply chain -referencing EMA Guidelines in 2013 – all actors in the pharmaceuticalsupply chain are obliged to perform a full review of all associated QualitySystems to determine current compliance status, as well as addressgaps, thus ensuring compliance in accordance with the guideline.

Source: Pharmaceutical Supply Chain Security Risk Assessment for Shipping Lanes | Pharmaceutical Outsourcing – The Journal of Pharmaceutical & Biopharmaceutical Contract Services

DhananjayParkhe

Vacancies: Centre, states to fill up 2 million vacancies – The Economic Times

Any Takers?

 

Unless Government removes the SATPP BRIBE CIRCUIT and racket – Selection, Appointment, Transfer, Posting, Promotion Mafia – I doubt if this country will ever be corruption free.

 

The ministry will assess vacancies in all central govt depts & organisations and, based on the number, arrive at a plan that can be rolled out with timelines to fill posts.

Source: Vacancies: Centre, states to fill up 2 million vacancies – The Economic Times

DhananjayParkhe

Yashwant Sinha’s Attack On Economy Means Modi’s Doing Great – Is the Routine Critic  a Mundane Critic?

Routine Critic is a Mundane Critic

“If a former Finance Minister, that too from within the BJP, finds fault with the state of the economy, normally, it should be treated as a matter of concern. But when one remembers that Yashwant Sinha has been a routine critic of Narendra Modi and his radical political moves to transform India, it in fact creates hope, not despair.

This is why.

Yashwant Sinha is not an economist. His tenure as Finance Minister was disastrous and shook the faith of the middle class who voted whole-heartedly for the BJP in the 1998 and 1999 elections. The BJP had to pay a heavy price for the UTI scam that affected and shook the faith of the small investor. This along with falling returns on fixed deposits, financial instruments, pension schemes and Provident Funds shattered the faith of the common man in the reform process and that put the BJP on the backfoot for two successive general elections. Farmer distress allowed the Congress to head for the elections with a promise to waive loans, which the UPA famously executed in the fourth year of its first term, leading to a big win in the 2009 election. Yashwant Sinha had become so unpopular with the BJP cadre that finally Atal Behari Vajpayee replaced him with Jaswant Singh, who, as Finance Minister, then retrieved the economy, leading to the “India Shining” slogan of 2004. Perhaps Vajpayee lost because he advanced the polls by over six months, before the fruits of India Shining could percolate to the masses.

High onion prices and a general failure to address the scarcity of certain essential commodities plus the failure to control prices and some questionable disinvestments had created a feeling that the government was too right of centre. This alienated the working class, leading to Sangh affiliates like the Bharatiya Mazdoor Sangh and the Swadeshi Jagaran Manch raising the banner of revolt against the then NDA government. The widely-publicized golden handshake and VRS schemes in the PSUs, along with the closing down of many loss-making units, adversely impacted the BJP prospects. Yashwant Sinha gave no credible rational explanation for any of these follies. In fact, Sinha had taken charge of the Finance portfolio convincing the Swadeshi leadership that he was their friend and opposed to the IMF template of liberalization, but within months he betrayed their trust.

Yashwant Sinha, as Finance Minister of the Chandra Shekhar government, pawned Indian gold for the first time in our history. It was the most shameful phase in India’s economic history.

The Modi government’s liberalization policies have to be judged in this background. Sinha is not really giving any economic argument to besmirch the Modi government’s economic initiatives. Rather, he is spreading a fear factor and trying to build political arguments to damage the image of the BJP government. He is critical of both demonetisation and GST. He has been critical of the government’s foreign policy, Kashmir policy, anti-terror operations and even about exposing Pakistan as the terror incubator of the world. So criticism is his habit.

Narendra Modi has been following a well-charted path. His economics is clear for all those who wanted to understand it. This writer had hailed demonetisation in an earlier column as “Modi’s proud socialist moment”. He has shown the guts to introduce far-reaching economic and tax reforms – demonetisation and GST – within a span of eight months. Yet, there has been no big disruption or turmoil in the economy. Those who opposed these reforms had predicted a steep fall in growth and huge job losses. Both did not happen.

The Indian economy is still the fastest-growing in the world. The growth is still substantially high, almost double of what the BJP inherited from the UPA in 2014. The Modi-Jaitley team should be given credit for not only restoring investor confidence and putting the economy on the growth path, but also managing it so well.

Modi’s objective as PM was very transparent from day one. He said he will account for every single penny spent from the exchequer. He wanted to increase revenue, fight the deficit, widen the  tax net, fight corruption, unearth black money, eliminate fake currency and attract FDI into India by enhancing the ease of doing business. Now India is the most preferred destination for FDI if the last two years of inflow is any indication.

Inflation is down to three per cent, lending rates are consistently coming down, projects like Make in India, Skill India and Stand Up, India have started showing positive results. Nobody has so far denied that there was a parallel economy of black and fake currency. Modi took the first concrete step to unearth black money and destroy fake currency. It is also well-known that almost one third, that is around five lakh crore of the high-denomination currency issued by the RBI, was untraceable because of hoarding by black money holders. After demonetisation, the RBI has said that 99 per cent of the banned currency has been deposited in banks. This shows how successful demonetisation was. The money that has returned to the banks is all not white. It only shows that the money so far untraced has now come into the open. These hoarders need to be prosecuted and tax collected from them.

Sinha has questioned tax notices. In a country where only 4 per cent of the people pay income tax, even if all the tax payers get notices, it will still not be widespread. Yes, they are a very influential class. In a country where one per cent of the population is holding 58 per cent of the national wealth, some sort of affirmative action had to be taken. And Modi has done it. Yashwant Sinha is speaking as if he holds a brief for these hoarders, black money and fake currency peddlers.

The difference Modi has made is in the lives of the millions who so far had nobody to speak for. That is why Modi has transformed the BJP base and emerged the messiah of the poor. He is the greatest leveler India has seen. A huge redistribution of wealth is taking shape.

Before taking up painful economic reforms, Modi created an economic safety net with free LPG connections to BPL families, insurance cover for the poor, old and destitute, housing, toilets and electricity for all, health insurance and crop insurance for farmers, Mudra bank loans for small traders. These are all changing the economic landscape of India and giving hope for those who form the lion’s share of India. For them, the economy is looking up. Those in ivory towers will never see this.

(Dr R. Balashankar is Member, BJP Central Committee on Training, and Committee on Publications and former Convener BJP National Intellectual Cell and former Editor Organiser.)

Disclaimer: The opinions expressed within this article are the personal opinions of the author. The facts and opinions appearing in the article do not reflect the views of NDTV and NDTV does not assume any responsibility or liability for the same.”

Source: Yashwant Sinha’s Attack On Economy Means Modi’s Doing Great

DhananjayParkhe

What’s your biggest weakness? These are the worst answers | Ladders

These are the worst answers to ‘What’s your biggest weakness?’

What’s your biggest weakness?

This interview question has tripped up many a candidate. You prepare yourself to play up your strengths, but many candidates don’t spend as much time thinking about how to discuss their failures. Hiring managers ask this question because they want to understand the full story of your career and they want to test how you respond to everyday pressure. No matter what you answer, most experts agree that you should briefly own up to your shortcomings, so that you can spend the majority of the answer showing recruiters how you’ve learned and improved from the experience.

But not everyone treats the question this way…

Biggest weakness examples…

Looking at Reddit answers and recruiting experts’ advice, Ladders rounded up the worst ways to respond to this question, so we can learn from these cautionary tales.

My biggest weakness is “I’m a perfectionist.”

The real question being asked with “What’s your biggest weakness?” is “How are you going think critically and face adversity in my organization?” When you answer that you seek perfection, that doesn’t address the real underlying question being asked, and it doesn’t give recruiters insight into how you work with others and what you’ve overcome.

Like saying “I’m too passionate,” saying that you have perfectionist tendencies as your biggest weakness is a non-specific answer that does not tell a recruiter a story about your career. Not mentioning any weakness also makes you sound defensive. As Forbes advises job seekers on this question, “Be honest and specific about key weaknesses that are relevant to the job. Be prepared to tick them off on your fingers without any spin or rationalizing.”

My biggest weakness is “identifying weaknesses.”

One Reddit user said that when they were asked the question, “What is your greatest weakness?”, they responded, “Identifying weaknesses.” It would not be surprising to experts that this user said they didn’t end up getting the job. When you say you have a hard time recognizing weakness, you’re telling a manager that you don’t know how to address failure, conflict, and hardship.

Saying that you have a hard time seeing weaknesses in yourself and other people also makes it sound as if you don’t understand interpersonal dynamics. It suggests that you’re not good at reading people’s emotions and motivations.

My biggest weakness is “condescension.”

Sometimes, you can be a little too honest and transparent. One Reddit user said they answered that, “People say I can be condescending. That’s when you talk down to people.” The user didn’t elaborate on what happened when they said this answer, but it would not be surprising if this didn’t inspire confidence in a hiring manager about how you, the self-proclaimed condescending candidate, would act on their team.

If you do have a problem with interpersonal communication, you at least want to also address how you’re working to fix this issue.

My biggest weakness is “I work too hard.”

Certain career experts use workaholism as an example of a good answer for the weakness question under the thinking that it turns a personal weakness into a strength that could benefit the organization’s bottom-line.

But others strongly disagree with using this answer. One Reddit user who identifies as a hiring manager said that they when they hear this question from candidates, they consider it a “cop-out” answer.

Writing for Harvard Business Review, human resources expert David Galloreese said that working hard is among the “canned responses” that he advocates against using because when you turn a negative characteristic into a positive you’re not being authentic about the underlying weakness.

“Responses like these tell me little about how a candidate faces challenges and immediately implies a lack of sincerity. It doesn’t demonstrate to me how they think — beyond their ability to creatively avoid being honest or self-critical. It indicates to me that they’re not willing to stand up and say what’s not working,” he argues.

Saying that you work too hard does not tell a memorable story about your career, because get in line, buddy, we all work too hard.

If you don’t believe these recruiting experts, trust in science. A workplace psychology study found that when candidates hid their weaknesses in a compliment such as “I’m too nice” or “I’m too demanding when it comes to fairness,” these answers weren’t as interesting to hiring managers as the candidates who mentioned a weakness that didn’t airbrush the flaw. Interviewers said they were 30% more interested in hiring the job seekers who acknowledged a weakness like “I overreact to situations.”

When you’re in an interview, you need to tell an engaging story about your career that demonstrates that you’re self-aware about where you need to improve. Those are the kinds of stories that will linger in a hiring managers’ mind long after you’ve finished talking.

Source: What’s your biggest weakness? These are the worst answers | Ladders

DhananjayParkhe

Startup News : Courtesy Inc42 Media

Inc42 Media

Amazon Raking In Local Allies: After Adding Dabur And Shoppers Stop, Forms JV With Ashok Patni Group For Customer Service

Amazon has formed a JV (joint venture) with Ashok Patni Group to strengthen its customer service unit or call centre.

BUZZ
Racing For The First Private Mission To The Moon: Google Lunar XPRIZE Contestant TeamIndus Releases Anthem #HarIndianKaMoonshot

Uttered by Neil Armstrong, this quote immortalises man’s first steps on the moon.

BUZZ
NDTV Board Agrees To Sell Ecommerce Portal Fifth Gear To AutoByte

Media house NDTV has confirmed that its shareholders have approved the sale of its automobile ecommerce firm Fifth Gear Ventures Limited to Autobyte Private Limited.

FEATURES
Taizo Son And His Ambitious Plans For India’s Agrifood Segment Through His Latest Venture 

Gastrotope

“Startups are idea-driven, providing a solution to some specific consumers’ problems.” says billionaire and a self-made entrepreneur turned investor Taizo Son while starting a new chapter ‘Gastrotope’ in India’s agrifood startup segment.

STARTUPS
From Expanding To 100 Cities To Disbursing $46.2 Mn Credit Line By FY18: Consumer Lending Startup MoneyTap Is Shooting For The Stars

From an IIT Madras engineering student to a Silicon Valley-based entrepreneur to a VC in Bengaluru, the journey of Bala Parthasarathy has been an exhilarating tale of ambition, resourcefulness and ingenuity.

BUZZ
Beenext Backs Bengaluru Based AgriTech Startup CropIn

Bengaluru-based agritech startup CropIn has raised an undisclosed amount of Pre-Series A funding from Singapore-based Beenext.

BUZZ
Zomato Invests In Hyderabad Based FoodTech Startup TinMen

In a recent blog post, Zomato founder and CEO Deepinder Goyal state that Zomato has invested in Hyderabad-based foodtech startup, TinMen.

RESOURCES
4 Key Reasons Why Your Sales Strategy Is Failing To Produce Revenues

SchoolGennie an ERP based Startup, like hundreds of other startups in India, closed down last year.

DhananjayParkhe

QOTD

Golda Meir

“One cannot and must not try to erase the past merely because it does not fit the present.”

via Quote of the Day http://ift.tt/2cuA5ys September 11, 2017 at 10:44AM
via RSS Feed https://www.brainyquote.com/quotes/authors/g/golda_meir.html

Charles Lindbergh

“Living in dreams of yesterday, we find ourselves still dreaming of impossible future conquests.”

via Quote of the Day http://ift.tt/2dsXZgf September 12, 2017 at 10:38AM
via RSS Feed https://www.brainyquote.com/quotes/authors/c/charles_lindbergh.html

Charlotte Whitton

“Big words seldom accompany good deeds.”

via Quote of the Day http://ift.tt/2tVndKB September 13, 2017 at 10:43AM
via RSS Feed https://www.brainyquote.com/quotes/authors/c/charlotte_whitton.html

Honore de Balzac

“It is easy to sit up and take notice, What is difficult is getting up and taking action.”

via Quote of the Day http://ift.tt/2qFRPgM September 14, 2017 at 10:43AM
via RSS Feed https://www.brainyquote.com/quotes/authors/h/honore_de_balzac.html

Rose Kennedy

“More business is lost every year through neglect than through any other cause.”

via Quote of the Day http://ift.tt/2m8O7b3 September 15, 2017 at 10:44AM
via RSS Feed https://www.brainyquote.com/quotes/authors/r/rose_kennedy.html

John Irving

“If you are lucky enough to find a way of life you love, you have to find the courage to live it.”

via Quote of the Day http://ift.tt/2x9wQX9 September 16, 2017 at 10:44AM
via RSS Feed https://www.brainyquote.com/quotes/authors/j/john_irving.html

Paul Tournier

“Sooner or later, those who win are those who think they can.”

via Quote of the Day http://ift.tt/2fUIoSn September 17, 2017 at 10:34AM
via RSS Feed https://www.brainyquote.com/quotes/authors/p/paul_tournier.html

 

DhananjayParkhe

Google News Alerts on Startup Mentoring

Mentoring Startup Entrepreneurs

Daily update ⋅ September 22, 2017
NEWS
Does Your Startup Feel Like a Helpless Baby?

The Small Business Administration reports that most new startup … being access to mentoring and coaching by other entrepreneurs under one roof.
Google Plus Facebook Twitter Flag as irrelevant
For startups, poor data connectivity a major problem

During the course of ten years of the journey of NSIF, entrepreneurs who have been mentored by NASSCOM feel that a social enterprise in India …
Google Plus Facebook Twitter Flag as irrelevant
TEF to Empower 10000 Startups in Africa, Partners Microsoft

Microsoft will be providing entrepreneurs in the TEF Entrepreneurship Programme with technology-based tools, resources and mentorship. Through …
Google Plus Facebook Twitter Flag as irrelevant
Mentor on Road: 52 NRIs Adopt Villages in India

During the journey, Shah interacted with nearly 4,400 small and medium entrepreneurs, women entrepreneurs and startups in the United States to …
Google Plus Facebook Twitter Flag as irrelevant
IIM Calcutta Innovation Park launchces “Smart Fifty – 50 Solutions to Transform India”

The selected entrepreneurs will get access to mentorship from the experts from IIMCIP on various aspects of business model, fund raising, and real-life …
Google Plus Facebook Twitter Flag as irrelevant
DhananjayParkhe

Arun Jaitley: Modi government finds a fix for India’s big economic worries; remedial measures likely soon – The Economic Times

So they forgot what they wrote in their ELECTION MANIFESTOS and the JUMLAs they used in their speeches were to create Wave and Votes. No MOre Mr. Modi! Your FINMIN has Shylock knife out to get whatever is left over in middle and poor class people and Senior citizens who are cursing your from their hearts.  They may not be vocal but in 2019 what will hit you most is the Anti-incumbency factor – however inept or inefficient the opposition today may be.  Complacency and inaction of this ministry will bring down your Government if you do not intervene and personally correct the course.

There has been concern in the govt over growth slumping to a 3-year low of 5.7% in the April-June quarter due to GST rollout and lingering impact of note ban.

No More Mr. Modi!   Your FINMIN’s Shylock There has been concern in the govt over growth slumping to a 3-year low of 5.7% in the April-June quarter due to GST rollout and lingering impact of note ban.

The government may soon unveil a package of measures to speed up growth, generate employment, lift exports and step up investment in infrastructure.

A broad framework to boost the economy was discussed in a meeting of ministers and officials chaired by finance minister Arun Jaitley late Tuesday evening as the government grappled with a slump in growth.

Prime Minister Narendra Modi will take a final decision on the measures, according to people with knowledge of the deli ..

Source: Arun Jaitley: Modi government finds a fix for India’s big economic worries; remedial measures likely soon – The Economic Times

DhananjayParkhe

Petition · Chief Justice of India: To WITHDRAW the GST applied on the co-operative housing soc. maintenance payments · Change.org

To WITHDRAW the GST applied on the co-operative housing soc. maintenance payments

As we know that 18% GST is made applicable on the maintenance payment made by very own members of the cooperative housing society to the same co-operative housing society managed by the same members themselves. I feel that this decision of the Government is not in line with the basic concept and principles of co-operative housing societies in India.

Hence, through this PIL, I appeal to Honorable Supreme Court of India to withdraw the GST (Goods and Service Tax ) applied by the Government of India on the Maintenance Payment made by very own members of the cooperative housing society to the same co-operative housing society managed by the same members of the housing society themselves. There are following valid questions to be considered before making GST applicable to the maintenance payment of the flats / house in Co-operative Housing societies:

1.   The Co-Operative Housing / Residential societies in India are maintained by the very own members of these co-operative societies. These members of the societies come forward voluntarily to serve themselves through their own services to their own flats / houses in the society. These members are neither paid any salary nor monitory benefits for their services provided by them to themselves in the co-operative societies. Meaning, members are providing their own services to themselves. So, if I am providing the service to me and that service is also consumed by me only, then why should I pay the GST tax on it to the Government for the same?

 

2.   The concept of co-operative for the housing societies is to manage the society by its members themselves, meaning there are no two distinct bodies i.e. Separate giver of services and separate receiver of the services do not exist in co-operative housing societies. It’s a one body like left leg supporting right leg and vice-versa to lift the entire load of the one body. Where is the concept of delivery of services within one body fit into this mechanism?

 

3.   Why the maintenance of the houses / flats in the co-operative societies is considered as a Business? Any logic behind it?

 

4.   We, as a resident members of the co-operative Housing society are already paying the Property Taxes on our house / flat to the Municipal Corporations, which is almost in the range of 20% to 100% of our annual maintenance. Then why are these property taxes levied on the flats if GST is also levied? Then withdraw property tax on flats.

 

5.   Co-operative societies being the end point of consumption of the material or services from the outside vendors, the materials and the services used by the co-operative societies from the outside agencies / vendors are already charged with GST and are paid by the co-operative societies and these vendors in tern pay these taxes to the Government. The final amount with GST is charged to the maintenance of the members flat within the society for such services obtained from outside. Where is the question of charging of GST to members’ come into this picture? Do the government expect us   again to charge GST of 18% on the same services to the members??

 

6.   When the members purchase the house / flat in the co-operative society, then they already pay or paid the following taxes/ duties to the State Government on the Agreement Purchase value of the flat/house in Pre-GST era.

1.   Stamp duty (6% in Maharashtra)

2.    Registration charges (Rs.30,000/-)

3.   Service tax (4 % in Maharashtra)

4.   VAT (1%).

The above taxes are almost amounting 12% of the Agreement Value. Means, State and Central Government has already earned their taxes through the purchase of the house.

The same is applicable for the purchase of the house after GST and the total taxes would be increased to huge amount of 18% GST on the Agreement / Purchase Value. We, as an individual members are paying 18% GST for the purchase of the house and we cannot claim any refund of the same.

Meaning, the State and Central Government has already earned their taxes, then why do Government want to put the GST (18%) on the maintenance of these property? What is the Government Role in maintaining these properties which are fully maintained and by the members themselves? Is government giving any insurance to these co-operative societies in return?

7.   GST is being charged on the Sinking Fund and Repair fund as well, it means more and more we save in the sinking fund for our own security of the house to re-build it in future in case of any calamities or in case of fire or in case of earthquake, we need to pay more and more taxes to government. Is government taking the responsibilities of the re-building of our houses / flats in the co-operative societies in case they are damaged, gutted in fire, or in earthquake or need to re-develop in future due to lack of original construction quality through the GST paid on these amounts??

 

 

 

8.   Moreover, most of the members of these co-operative societies are the tax payers i.e. they file their own returns on their taxable income every year. The net amount leftover after paying the direct tax on the income is used to take care of household expenses one of which is the payment of the maintenance of the house/flat in the society. Is government giving refund claims to the members for the GST paid on the house maintenance into their direct taxes??

 

 

9.   Why is the limit of GST applicability fixed to the maintenance amount of Rs.5000/- and above. What is the logic behind it?

 

10.       Why the limit of collection below 20 lacs per annum is fixed for this? Is maintaining the Co-operative societies considered as a Business?? We are not running the business of maintaining the houses / flats, we are maintaining the houses / flats on our own to live in the better condition same as we maintain our body to live in the good health condition with the co-operations of our own body parts. Why is the business approach forced on the working or maintaining of the co-operative societies by putting the collection limits of 20 lacs?

 

 

 

11.       By applying GST on co-operative societies, is government just  trying to make more money through the hard earned money of the citizens maintaining their own houses by their own in cooperative housing societies?

 

To my notice, the government has not considered most of the points listed above before applying the GST on maintenance payment made by members to co-operative housing societies managed by themselves. There is no valid logic to apply GST on maintenance payment by the members to the cooperative housing society.

Hence, I request and appeal to Honorable Supreme Court of India through this PUBLIC INTEREST LITIGATION (PIL) to consider to WITHDRAW the GST applied on the maintenance payment made by the very own members of the cooperative society to the same co-operative society managed by the  members of the same cooperative housing society themselves.

I request to provide the  stay on the applicability of GST on the Maintenance Payment of the Cooperative Housing societies till the final verdict from Supreme Court of India is given on this PIL.

 

This petition will be delivered to:

  • Chief Justice of India

Source: Petition · Chief Justice of India: To WITHDRAW the GST applied on the co-operative housing soc. maintenance payments · Change.org

DhananjayParkhe

Grumpy restaurant customer shows his gratitude in a big way! | Uplift

Walter “Buck” Swords was an 89-year-old grump. He was a curmudgeon, complainer, and malcontent whiner for the 7 years he was a customer at the Brownsville, Texas restaurant at which Melina Salazar worked. Melina was patient with him, but Buck couldn’t have cared less, or so it appeared.

He may have been her most challenging customer.

(Source: Central Tang G. Village/Facebook)

Each time Buck visited Luby’s, the restaurant where Salazar was a waitress, she met every grumpy growl of discontent from the old man with a smile and kind words. That’s who Salazar was, pretty much the exact opposite of how Buck was. He may have been her most challenging customer, but she provided the same superior service and attitude to everyone she waited on. Salazar is just one of those people who could see the good in everyone.

Turns out Buck had a heart after all.

(victorcristianonet/YouTube/Screenshot)

After years of Buck being a daily visitor to Luby’s, Salazar noticed he had stopped showing up. When she found out the news that he had passed away, she was sad, not relieved as some may have felt. Of course, death is never a happy thing, but it would be hard to ignore the reality of Buck’s offensive comments and negativity. But it would soon be revealed that Buck had a heart after all, in a big way.

He looked forward to coming to see her every day.

(victorcristianonet/YouTube/Screenshot)

A lawyer stopped by the restaurant a few days before the Christmas holiday and the day after Salazar had learned of his passing, looking for Melina. The lawyer pulled the good-hearted waitress aside for a brief chat.

He told Salazar how much she had meant to Buck and how he had looked forward to coming to see her every day. He let Salazar know that her positive outlook and persistent positivity had not gone unnoticed by her old friend.

But the lawyer wasn’t there just to share loving and kind sentiments from Buck. There was more.

Buck had left her part of his estate.

(victorcristianonet/YouTube/Screenshot)

The lawyer informed Salazar that Buck had left her part of his estate in the form of a car and $50,000. The tears started to run as she was given the news.

“I still can’t believe it,” Salazar told KGBT-TV in an interview, according to the Associated Press.

Maya Angelou (1928–2014), the American poet and activist, once said, “You are the sum total of everything you’ve ever seen, heard, eaten, smelled, been told, forgot — it’s all there. Everything influences each of us, and because of that, I try to make sure that my experiences are positive.”

Melina Salazar could have just as easily said that. She certainly exemplifies it.

Source: Grumpy restaurant customer shows his gratitude in a big way! | Uplift

DhananjayParkhe

QOTD

Golda Meir

“One cannot and must not try to erase the past merely because it does not fit the present.”

via Quote of the Day http://ift.tt/2cuA5ys September 11, 2017 at 10:44AM
via RSS Feed https://www.brainyquote.com/quotes/authors/g/golda_meir.html

Charles Lindbergh

“Living in dreams of yesterday, we find ourselves still dreaming of impossible future conquests.”

via Quote of the Day http://ift.tt/2dsXZgf September 12, 2017 at 10:38AM
via RSS Feed https://www.brainyquote.com/quotes/authors/c/charles_lindbergh.html

Charlotte Whitton

“Big words seldom accompany good deeds.”

via Quote of the Day http://ift.tt/2tVndKB September 13, 2017 at 10:43AM
via RSS Feed https://www.brainyquote.com/quotes/authors/c/charlotte_whitton.html

Honore de Balzac

“It is easy to sit up and take notice, What is difficult is getting up and taking action.”

via Quote of the Day http://ift.tt/2qFRPgM September 14, 2017 at 10:43AM
via RSS Feed https://www.brainyquote.com/quotes/authors/h/honore_de_balzac.html

Rose Kennedy

“More business is lost every year through neglect than through any other cause.”

via Quote of the Day http://ift.tt/2m8O7b3 September 15, 2017 at 10:44AM
via RSS Feed https://www.brainyquote.com/quotes/authors/r/rose_kennedy.html

John Irving

“If you are lucky enough to find a way of life you love, you have to find the courage to live it.”

via Quote of the Day http://ift.tt/2x9wQX9 September 16, 2017 at 10:44AM
via RSS Feed https://www.brainyquote.com/quotes/authors/j/john_irving.html

Paul Tournier

“Sooner or later, those who win are those who think they can.”

via Quote of the Day http://ift.tt/2fUIoSn September 17, 2017 at 10:34AM
via RSS Feed https://www.brainyquote.com/quotes/authors/p/paul_tournier.html

 

DhananjayParkhe

An American’s mindblowing analysis of Narendra Modi and Indian politics is something you must not miss today ! – Page 2 of 2

‘As an American and a self confessed Indophile, I had a lot of insights I gleaned while traversing the length and breadth of the country. Incidentally I take care of funded projects and this exposes me to a interactions with the poor and ultra poor of the country. Hopefully I will debunk a few myths about India, which my North American colleagues should know, along with some Indians who will hopefully read this post: 1. Like it or leave it, the hinterland of India is firmly behind Modi. They don’t give a rat’s ass if you call them his followers,

Source: An American’s mindblowing analysis of Narendra Modi and Indian politics is something you must not miss today ! – Page 2 of 2

DhananjayParkhe

Kid Planet: 55+ Global Startups Focused On Babies & Children

Kid Planet: 55+ Global Startups Focused On Babies & Children

Source: Kid Planet: 55+ Global Startups Focused On Babies & Children

DhananjayParkhe

 Mentoring Startup Entrepreneurs 

Mentoring Startup Entrepreneurs

Daily update ⋅ September 17, 2017
NEWS
Corporate venture in Brazil gains steam as giants amp up startup investments

Corporate venture in Brazil gains steam as giants amp up startup …. the initiative connects entrepreneurswith Endeavor network mentors and Algar …
Google Plus Facebook Twitter Flag as irrelevant
Addison’s Collide Village Launches Startup Studio CoBuild

Addison accelerator Collide Village has launched CoBuild, a startup studio aiming … “Entrepreneurs need a lot of help, not just one hour of mentoring.
Google Plus Facebook Twitter Flag as irrelevant
Budding entrepreneurs put their ideas to the test

Aspiring entrepreneurs had the opportunity to challenge their startup ideas with experienced business and industry mentors at the MentorBlaze9 event …
Google Plus Facebook Twitter Flag as irrelevant
Detroit named host city for global pre-accelerator startup boost

Monica Wheat, Founder of Parallel Ventures, will lead the mentoring program. … Startup Boost is also powered by Google for Entrepreneurs and is a …
Google Plus Facebook Twitter Flag as irrelevant
Business students moonlight as startup entrepreneurs

Business students moonlight as startup entrepreneurs … by what he saw, Noah soon received mentoringfrom industry experts and school professors.
Google Plus Facebook Twitter Flag as irrelevant
Kick Start Your Startup! Get Your Basics Right And Succeed

Startup being the new lingo, is the buzz word everywhere. … Mentoring and guidance of budding entrepreneurs by experienced professionals/experts …
Google Plus Facebook Twitter Flag as irrelevant

Source: Google Alert

DhananjayParkhe

Uber strategy teardown : Courtesy – CB insights Newsletter

Uber Strategy Teardown: The Giant Looks To An Autonomous Future, Food Delivery, And Tighter Financial Discipline

The $68B gorilla continues to expand globally in places like India and Brazil and is still chasing autonomous driving. However, it will have to stem its losses ahead of an eventual IPO, which may lead to rollbacks in contested regions like Southeast Asia.

What Apple’s Patents In AR, AI, And Facial Recognition Mean For Future iPhones
We analyzed Apple’s patents and came across several notable new patents in augmented reality, flexible displays, and computer vision.

Kid Planet: 55+ Global Startups Focused On Babies & Children
China is a strong international force in the baby and kids tech space, boasting more $100M+ mega-deals than any other country.

Your Next Pacemaker Might Be Implanted In … Your Armpit
A new pacemaker the size of a dime has the potential to reduce risks and complications by combining a wireless form factor with a battery-less circuit board.

How The Wealthiest People In Southeast Asia Are Investing In Tech
Some of the wealthiest and most powerful individuals in Southeast Asia — including Singapore, Thailand, Indonesia, and the Philippines — are making big bets on the region’s tech startups.

Sniffing Fridges & Smart Trash Cans? Amazon & Walmart Look To Connected Appliances To Track Shoppers
Recent patent applications show Amazon and Walmart looking into connected refrigerators and trash cans that can sense spoiled food or discarded products, which could help the retailers automatically ship new products to shoppers

An Alexa With Arms: Robots That Understand Human Speech And Instruction Are Coming
A new innovation from MIT helps robots understand and respond to voice commands – putting us one step closer to an Alexa with arms.

AI-Driven Facial Recognition Is Coming And Brings Big Ethics And Privacy Concerns
“Disguised face identification” technology could make staying anonymous in public a bigger challenge (and make it easier to digitally unmask dissenters).

Leveling Up: Deals To eSports Startups On Track For 4th Annual High
Startups focused on gaming platforms, fantasy sports, competitive gaming, and more are attracting increasing investor attention.

Can Broken Bones Heal Themselves? Microbubbles, Sound And Gene Therapy May Be The Answer
Invasive bone grafts may be on the way out: A new gene therapy procedure using gas-filled microbubbles healed fractures in just 8 weeks.

Source: CB Insights Newsletter by Anand Sanwal

DhananjayParkhe

Global Human Capital Report 2017 – Reports – World Economic Forum

Key Findings

How nations develop their human capital can be a more important determinant of their long-term success than virtually any other factor. By “human capital” we mean the knowledge and skills people possess that enable them to create value in the global economic system. Human capital is not defined solely through formal education and skilling. It can be enhanced over time, growing through use—and depreciating through lack of use—across people’s lifetimes. The Global Human Capital Index featured in this Report thus treats human capital as a dynamic rather than fixed concept.

The Global Human Capital Index 2017 ranks 130 countries on how well they are developing their human capital on a scale from 0 (worst) to 100 (best) across four thematic dimensions—capacity, deployment, development and know-how—and five distinct age groups or generations—0–14 years; 15–24 years; 25–54 years; 55–64 years; and 65 years and over—to capture the full human capital potential profile of a country. It can be used as a tool to assess progress within countries and points to opportunities for cross-country learning and exchange.

The Capacity subindex quantifies the existing stock of education across generations; the Deployment subindex covers skills application and accumulation of skills through work; the Development subindex reflects current efforts to educate, skill and upskill the student body and the working age population; and the Know-how subindex captures the breadth and depth of specialized skills use at work.

The Report’s key findings are:

  • On average, the world has developed only 62% of its human capital as measured by this Index. Or, conversely, nations are neglecting or wasting, on average, 38% of their talent. Across the Index, there are only 25 nations that have tapped 70% of their people’s human capital or more. In addition, 50 countries score between 60% and 70%. A further 41 countries score between 50% and 60%, while 14 countries remain below 50%, meaning these nations are currently leveraging less than half of their human capital.
  • The top ten of this year’s edition of the Human Capital Index is headed by smaller European countries—Norway (1), Finland (2), Switzerland (3)—as well as large economies such as the United States (4) and Germany (6). Four countries from the East Asia and the Pacific region, three countries from the Eastern Europe and Central Asia region and one country from the Middle East and North Africa region are also ranked in the Index top 20.
  • The leaders of the Index are generally economies with a longstanding commitment to their people’s educational attainment and that have deployed a broad share of their workforce in skill-intensive occupations across a broad range of sectors. Unsurprisingly, they are mainly today’s high-income economies. Creating a virtuous cycle of this nature should be the aim of all countries.
  • At a regional level, the human capital development gap is smallest in North America, followed by Western Europe, Eastern Europe and Central Asia, East Asia and the Pacific, Latin America, and Middle East and North Africa. The gap is largest in South Asia and Sub-Saharan Africa.
  • From North America, the United States (4) ranks in the top ten and Canada (14) ranks in the top 20. In Western Europe, the Nordic countries Norway (1), Finland (2), Denmark (5) and Sweden (8)—as well as Switzerland (3) and Germany (6)—dominate the rankings, collectively taking the region’s top spots. Twelve countries have crossed the threshold of developing at least 70% of their human capital. The Netherlands (13) and Belgium (15) rank ahead of the United Kingdom (23) and France (26) to make up the mid-range of the regional league table, while three Mediterranean countries—Portugal (43), Spain (44) and Greece (48)—take the bottom ranks.
  • Three countries from the Eastern Europe and Central Asia region rank in the top 20: Slovenia (9) Estonia (12), and the Russian Federation (16). The Czech Republic (22), Ukraine (24) and Lithuania (25), all score above the 70% threshold. The bottom-ranked countries in the region, Macedonia, FYR (67) and Albania (85), are held back by high unemployment and underemployment rates across all age groups.
  • In East Asia, the best-performing countries in the region, such as Singapore (11), Japan (17), and Korea, Rep. (27) are global strongholds of human capital success, while countries such as Lao PDR (84), Myanmar (89) and Cambodia (92) trail the region despite their very high degree of human capital utilization across the Deployment subindex.
  • The gap between the best and worst performers in Latin America and the Caribbean is smaller than for any other region. The two best-performing countries in the region are Argentina (52) and Chile (53). The region’s two largest economies, Mexico (69) and Brazil (77), rank in the middle and lower half of the Index overall along with Peru (66) and Colombia (68). The bottom ranks of the region are made up of Venezuela (94) and Central American nations such as Honduras (101).
  • Only one country, Israel (18), from the Middle East and North Africa makes it into the top 20. Three gulf states—the United Arab Emirates (45), Bahrain (47) and Qatar (55)—outperform the rest of the region’s Arab-speaking countries and score in the mid-range of the Index overall. Turkey (75) has developed 60% of its human capital against the theoretical ideal. Saudi Arabia (82), the region’s largest economy ranks ahead of Egypt (97), its most populous one. Algeria (112), Tunisia (115) and Morocco (118), make up the lower end of the rankings, ahead of Mauritania (129) and Yemen (130).
  • From South Asia, Sri Lanka (70) is the top performer, while Nepal (98), India (103), Bangladesh (111) and Pakistan (125) lag behind. With the exception of Sri Lanka, the rest have yet to reach the 60% threshold with regard to developing their human capital.
  • Sub-Saharan Africa is the lowest-ranked region in the Index. Rwanda (71), Ghana (72), Cameroon (73) and Mauritius (74) have developed more than 60% of their human capital. South Africa (87), the region’s second largest economy, places towards the middle in the region. Nigeria (114) ranks in the lower midfield and Ethiopia (127) is the lowest performer, fourth from the bottom on the Index overall.
  • There are significant opportunities for economies with already high talent capacity and development, such as France, Greece, Italy and United Arab Emirates, to boost their human capital performance through a focus on the Know-how subindex, including opportunities for high- and medium-skilled work as well as broadening the complexity of the economies in question through sectoral investment. In North America, Western Europe, Middle East and North Africa and Eastern Europe and Central Asia, more can be done to improve the deployment of their countries’ high capacity talent. Sub-Saharan Africa and South Asia need much better investment in developing their current and future workforces in order to expand beyond their relatively low current capacity.
  • Core to the Index is the concept that investment in developing talent across the lifecycle—through education and employment—enhances human capital. Even with similar levels of upfront educational investment, on-the-job learning is critical for generating returns on the initial investment as well as ensuring that people’s skills grow and appreciate in value over time. Data from our research partnership with LinkedIn confirms that individual’s specialization and capacity expands as they enter the labour market, highlights new opportunities for identifying and analyzing similar talent pools and points to opportunities for stronger design of reskilling and upskilling efforts. More broadly, this unique data also suggests that there is an opportunity for policymakers to use dynamic labour market information to enhance their workforce planning and decision-making.

Because human capital is critical not only to the productivity of society but also the functioning of its political, social and civic institutions, understanding its current state and capacity is valuable to a wide variety of stakeholders. It is our hope that this Report can support governments, businesses, education providers and civil society institutions in identifying key areas for focus and investment.

 

Source: Global Human Capital Report 2017 – Reports – World Economic Forum

DhananjayParkhe

Bitcoin: Can rupee be replaced? RBI looking into cryptocurrencies, not comfortable with bitcoin – The Economic Times

The RBI has been repeatedly flagging concerns on virtual currencies like Bitcoins, stating that they pose potential financial, legal risks.

Source: Bitcoin: Can rupee be replaced? RBI looking into cryptocurrencies, not comfortable with bitcoin – The Economic Times

DhananjayParkhe

start ups: Sebi stricture on startups: Angels must now learn to fly with clipped wings – The Economic Times

I just hope and wish that this has Elements of  ” Ease of Dong Business” in-built for which India has been blamed and made infamous !

My cyberpseudopoetic Haiku generator said to this :

blindly seductive
droplets gnaw, moaning hives pass
lustful bordello 🙂 🙂

Sebi’s stricture would restrict the crowdfunding agencies as well as the startups they help to raise money from offering and selling stocks to more than 200 investors.

Sebi stricture on startups: Angels must now learn to fly with clipped wings

By

Sugata Ghosh

, ET Bureau|

Sep 13, 2017, 06.44 AM IST

< ..

Source: start ups: Sebi stricture on startups: Angels must now learn to fly with clipped wings – The Economic Times

DhananjayParkhe

Blockchain: What Can We Solve Together? | courtesy: UPS Longitudes

Blockchain: What Can We Solve Together?

Thanks to blockchain technology, companies can make the food supply chain safer.

Marie Wieck | IBM 

Last month, Dutch authorities learned that 20 percent of the eggs coming from the Netherlands were not safe. European authorities are now in a dash to pull the bad food from the shelves.

Pullquote share icon.ShareDutch authorities learned that 20 percent of the eggscoming from the Netherlands were not safe.

Earlier this year, 3,000 school children in Egypt became ill in the early afternoon. Ambulances were dispatched to elementary schools, as authorities tried to home in on the culprit: contaminated school lunches of cheese cubes, dry sesame paste bars and bread.

A year and a half before the Egyptian incident, a popular U.S. fast, casual restaurant chain came under fire after authorities determined contaminated ingredients in its food had sickened nearly 500 of the company’s customers.

In response, the company vowed to think “more about its supply chain,” where their food came from and how best to keep it safe – from the farms to the restaurants.

A global issue

Foodborne illness, in other words, is not an occasional or regional problem. It happens all the time and everywhere, from Egyptian schools to European supermarkets to your go-to lunch spot in the U.S.

Every year around the world, one in 10 people fall ill – and about 400,000 die – due to contaminated food.

Nor is foodborne illness a simple problem to mitigate and solve.

Each of the aforementioned instances involved authorities and companies spending days, if not weeks, trying to isolate the source of the illness.

In that time, more people can get sick, businesses can lose more money and more non-contaminated food can go to waste as good food gets thrown out with the bad.

But thanks to blockchain, food companies can more easily track where their food comes from. And if the food turns out not to be safe, they can immediately pull it from the shelf.

In the case of the eggs, for example, a blockchain network could be used to trace each carton of eggs from the retailer back to the coop. A retailer in this network would be able to confirm in seconds that their eggs had not come from one of the affected coops and reassure their customers.

In recent weeks, IBM took another significant step toward making this scenario a reality for food ecosystems around the world.

A group of leading companies in the global food supply chain, including Dole, Driscoll’s, Golden State Foods, Kroger, McCormick and Company, McLane Company, Nestlé, Tyson Foods, Unilever and Walmart, will collaborate with IBM to further strengthen consumer confidence in the global food system by identifying new areas where blockchain technology could bring greater trust and transparency to food supply chains.

Making food blockchain a reality

IBM has already completed parallel pilot programs demonstrating the value that secure networks with end-to-end transparency would bring to the global food supply chain, most recently with Walmart in China.

That project showed how blockchain technology can be used to trace products from farm to retail shelf in seconds rather than days. This ability of all participants along a supply chain – from growers and processors to retailers and regulators – to have access to a secure blockchain network has the potential to massively simplify food traceability.

This new collaboration with industry leaders will build upon this work, exploring new ways for blockchain networks to make food safer.

Food safety is just one of the many ways blockchain will benefit society. The technology is now being used to transform processes and streamline transactions for everything from flowers, real estate and trade finance to education, insurance and medical services.

Pullquote share icon.ShareBlockchain network members will see the benefits of faster, more secure transactions.

To accelerate this adoption, IBM has introduced the first fully integrated, enterprise-grade production blockchain platform. It offers the development tools that enable organizations of any size – and from any industry – to set up and participate in a blockchain network, from multinational corporations to a farmer with a smart phone.

All members within a blockchain network will see the benefits of faster and more secure transactions and exchanges of information.

Taking a broader perspective, this platform has the potential to increase the productivity of entire networks. In our increasingly interconnected and global world, the efficient exchange of information is a key to success.

Business now moves at the speed of information, and business ecosystems are only as fast as the slowest communicator. With this new platform, IBM is making it easier for all parties within an ecosystem to perform at consistently high levels, truly living up to the company purpose to be essential.

Source: Blockchain: What Can We Solve Together? | Longitudes

DhananjayParkhe

How Blockchain Is Forcing The Diamond Industry To Look Beyond The 4Cs

The diamond industry is under demand to provide more transparency with the help of blockchain. The world’s largest jeweller Chow Tai Fook is tracing the source of their supply by looking beyond the 4 Cs, carat, color, clarity, cut, to the 4 Ts, traceable, transparent, truthful, thoughtful.

Source: How Blockchain Is Forcing The Diamond Industry To Look Beyond The 4Cs

DhananjayParkhe

There is probably only one thing that explains India’s mysterious import rush

Abigger mystery surrounds imports, which have been surging from October 2016 to June this year. Through this, India wasn’t really growing fast enough to generate big demand hikes for phoren goods and services. Importsare supposed to grow when the rupee strengthens against other currencies. In this period, the rupee was actually weaker than in October 2016.So, what gives on the import front? There was no big increase in domestic demand, no major hike in oil prices, nor a dramatic strengthening of the rupee to justify a nine-month import spike, peaking at nearly 47% in March. So, there is probably only one thing that explains the import rush: capital flight through mis-invoicing.This is common in countries like China and India, which try to keep a tight leash on capital flows. But one way for companies with global exposure to get around this is to over-value imports and take money out to other markets.Suppose the actual cost of something I import is $50. However, I ask the seller to send me a bill for $100. So, $50 pays for my import, the other $50 stays somewhere overseas. This extra $50 is a loss for India’s reserves. But for savvy businesses, it is a powerful hedge against economic or other uncertainties.

Source: There is probably only one thing that explains India’s mysterious import rush

DhananjayParkhe

Black money accounts frozen, 2-3 lakh shell company owners now face up to 10 years jail : India, News – India Today

The government today took one more step to instill the fear of law among black money hoarders a day after it cancelled the registration of 2.1 lakh companies for suspect transactions and froze their accounts.

Source: Black money accounts frozen, 2-3 lakh shell company owners now face up to 10 years jail : India, News – India Today

DhananjayParkhe

Startup news courtesy: Inc42 Media

Inc42 Media

Chhattisgarh CM Raman Singh Selects 36 Startup Winners Of Grand Challenge; Launches 36inc Incubator

The government of Chhattisgarh facilitated 36 startups who were part of the Start-up Chhatisgarh Grand Challenge.

BUZZ
Government Selects 60 Startup Proposals To Support Through $15.5 Mn North East Venture Fund

The Indian government is looking to encourage entrepreneurship in the Northeast region.

DhananjayParkhe

After border standoff, India, China find common ground at BRICS | India News – Times of India

NEW DELHI: Brushing off the recent two-month discord with China, India displayed robust participation at the BRICS meeting in the Chinese port city of Xiamen on Monday, with PM Narendra Modi saying the group contributes “stability and growth in a world drifting towards uncertainty”.

Source: After border standoff, India, China find common ground at BRICS | India News – Times of India

DhananjayParkhe

PRESS COMMUNIQUE – President of India allocates portfolios of the Council of Ministers

 

The President of India, as advised by the Prime Minister, has directed the allocation of portfolios among the following members of the Union Council of Ministers:-

 

Shri Narendra Modi Prime Minister and also in-charge of:

Ministry of Personnel, Public Grievances and Pensions;

Department of Atomic Energy;

Department of Space; and

All important policy issues; and

All other portfolios not allocated to any Minister.

 

CABINET MINISTERS

 

1. Shri Raj Nath Singh Minister of Home Affairs.
2. Smt. Sushma Swaraj Minister of External Affairs.
3. Shri Arun Jaitley Minister of Finance; and

Minister of Corporate Affairs.

4. Shri Nitin Jairam Gadkari Minister of Road Transport and Highways;

Minister of Shipping; and

Minister of Water Resources, River Development and Ganga Rejuvenation.

5. Shri Suresh Prabhu Minister of Commerce and Industry.
6. Shri D.V. Sadananda Gowda Minister of Statistics and Programme Implementation.
7. Sushri Uma Bharati Minister of Drinking Water and Sanitation.
8. Shri Ramvilas Paswan Minister of Consumer Affairs, Food and Public Distribution.
9. Smt. Maneka Sanjay Gandhi Minister of Women and Child Development.
10. Shri Ananthkumar Minister of Chemicals and Fertilizers; and

Minister of

Parliamentary Affairs.

11. Shri Ravi Shankar Prasad Minister of Law and Justice; and

Minister of Electronics and Information Technology.

12. Shri Jagat Prakash Nadda Minister of Health and Family Welfare.
13. Shri Ashok Gajapathi Raju Pusapati Minister of Civil Aviation.
14. Shri Anant Geete Minister of Heavy Industries and Public Enterprises.
15. Smt. Harsimrat Kaur Badal Minister of Food Processing Industries.
16. Shri Narendra Singh Tomar Minister of Rural Development;

Minister of Panchayati Raj; and

Minister of Mines.

17. Shri Chaudhary Birender Singh Minister of Steel.
18. Shri Jual Oram Minister of Tribal Affairs.
19. Shri Radha Mohan Singh Minister of Agriculture and Farmers Welfare.
20. Shri Thaawar Chand Gehlot Minister of Social Justice and Empowerment.
21. Smt. Smriti Zubin Irani Minister of Textiles; and

Minister of Information and Broadcasting.

22. Dr. Harsh Vardhan Minister of Science and Technology;

Minister of Earth Sciences; and

Minister of Environment, Forest and Climate Change.

23. Shri Prakash Javadekar Minister of Human Resource Development.
24. Shri Dharmendra Pradhan Minister of Petroleum and Natural Gas; and

Minister of Skill Development and Entrepreneurship.

25. Shri Piyush Goyal Minister of Railways; and

Minister of Coal.

26. Smt. Nirmala Sitharaman Minister of Defence.
27. Shri Mukhtar Abbas Naqvi Minister of Minority Affairs.

 

MINISTERS OF STATE (INDEPENDENT CHARGE)

 

1. Rao Inderjit Singh Minister of State (Independent Charge) of the Ministry of Planning; and

Minister of State in the Ministry of Chemicals and Fertilizers.

2. Shri Santosh Kumar Gangwar Minister of State (Independent Charge) of the Ministry of Labour and Employment.
3. Shri Shripad Yesso Naik Minister of State (Independent Charge) of the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH).
4. Dr. Jitendra Singh Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region;

Minister of State in the Prime Minister’s Office;

Minister of State in the Ministry of Personnel, Public Grievances and Pensions;

Minister of State in the Department of Atomic Energy; and

Minister of State in the Department of Space.

5. Dr. Mahesh Sharma Minister of State (Independent Charge) of the Ministry of Culture; and

Minister of State in the Ministry of Environment, Forest and Climate Change.

6. Shri Giriraj Singh Minister of State (Independent Charge) of the Ministry of Micro, Small and Medium Enterprises.
7. Shri Manoj Sinha Minister of State (Independent Charge) of the Ministry of Communications; and

Minister of State in the Ministry of Railways.

8. Col. Rajyavardhan Singh Rathore Minister of State (Independent Charge) of the Ministry of Youth Affairs and Sports; and

Minister of State in the Ministry of Information and Broadcasting.

9. Shri Raj Kumar Singh Minister of State (Independent Charge) of the Ministry of Power; and

Minister of State (Independent Charge) of the Ministry of New and Renewable Energy.

10. Shri Hardeep Singh Puri Minister of State (Independent Charge) of the Ministry of Housing and Urban Affairs.
11. Shri Alphons Kannanthanam Minister of State (Independent Charge) of the Ministry of Tourism; and

Minister of State in the Ministry of Electronics and Information Technology.

 

MINISTERS OF STATE

 

1. Shri Vijay Goel Minister of State in the Ministry of Parliamentary Affairs; and

Minister of State in the Ministry of Statistics and Programme Implementation.

2. Shri Radhakrishnan P. Minister of State in the Ministry of Finance; and

Minister of State in the Ministry of Shipping.

3. Shri S.S. Ahluwalia Minister of State in the Ministry of Drinking Water and Sanitation.
4. Shri Ramesh Chandappa Jigajinagi Minister of State in the Ministry of Drinking Water and Sanitation.
5. Shri Ramdas Athawale Minister of State in the Ministry of Social Justice and Empowerment.
6. Shri Vishnu Deo Sai Minister of State in the Ministry of Steel.
7. Shri Ram Kripal Yadav Minister of State in the Ministry of Rural Development.
8. Shri Hansraj Gangaram Ahir Minister of State in the Ministry of Home Affairs.
9. Shri Haribhai Parthibhai Chaudhary Minister of State in the Ministry of Mines; and

Minister of State in the Ministry of Coal.

10. Shri Rajen Gohain Minister of State in the Ministry of Railways.
11. General (Retd.) V. K. Singh Minister of State in the Ministry of External Affairs.
12. Shri Parshottam Rupala Minister of State in the Ministry of Agriculture and Farmers Welfare; and

Minister of State in the Ministry of Panchayati Raj.

13. Shri Krishan Pal Minister of State in the Ministry of Social Justice and Empowerment.
14. Shri Jaswantsinh Sumanbhai Bhabhor Minister of State in the Ministry of Tribal Affairs.
15. Shri Shiv Pratap Shukla Minister of State in the Ministry of Finance.
16. Shri Ashwini Kumar Choubey Minister of State in the Ministry of Health and Family Welfare.
17. Shri Sudarshan Bhagat Minister of State in the Ministry of Tribal Affairs.
18. Shri Upendra Kushwaha Minister of State in the Ministry of Human Resource Development.
19. Shri Kiren Rijiju Minister of State in the Ministry of Home Affairs.
 20. Dr. Virendra Kumar Minister of State in the Ministry of Women and Child Development; and

Minister of State in the Ministry of Minority Affairs.

21. Shri Anantkumar Hegde Minister of State in the Ministry of Skill Development and Entrepreneurship.
22. Shri M. J. Akbar Minister of State in the Ministry of External Affairs.
23. Sadhvi Niranjan Jyoti Minister of State in the Ministry of Food Processing Industries.
24. Shri Y. S. Chowdary Minister of State in the Ministry of Science and Technology; and

Minister of State in the Ministry of Earth Sciences.

25. Shri Jayant Sinha Minister of State in the Ministry of Civil Aviation.
26. Shri Babul Supriyo Minister of State in the Ministry of Heavy Industries and Public Enterprises.
27. Shri Vijay Sampla Minister of State in the Ministry of Social Justice and Empowerment.
28. Shri Arjun Ram Meghwal Minister of State in the Ministry of Parliamentary Affairs; and

Minister of State in the Ministry of Water Resources,
River Development and Ganga Rejuvenation.

29. Shri Ajay Tamta Minister of State in the Ministry of Textiles.
30. Smt. Krishna Raj Minister of State in the Ministry of Agriculture and Farmers Welfare.
31. Shri Mansukh  L. Mandaviya Minister of State in the Ministry of Road Transport and Highways;

Minister of State in the Ministry of Shipping; and

Minister of State in the Ministry of Chemicals and Fertilizers.

32. Smt. Anupriya Patel Minister of State in the Ministry of Health and Family Welfare.
33. Shri C.R. Chaudhary Minister of State in the Ministry of Consumer Affairs, Food and Public Distribution; and

Minister of State in the Ministry of Commerce and Industry.

34. Shri P.P. Chaudhary Minister of State in the Ministry of Law and Justice; and

Minister of State in the Ministry of Corporate Affairs.

35. Dr. Subhash Ramrao Bhamre Minister of State in the Ministry of Defence.
36. Shri Gajendra Singh Shekhawat Minister of State in the Ministry of Agriculture and Farmers Welfare.
37. Dr. Satya Pal Singh Minister of State in the Ministry of Human Resource Development; and

Minister of State in the Ministry of Water Resources,
River Development and Ganga Rejuvenation.

Source: PRESS COMMUNIQUE – President of India allocates portfolios of the Council of Ministers

DhananjayParkhe

Loyalty is bigger than 4 P or Performance for new defence minister: Here are her achievements as MoS commerce | Business Standard News

Sitharaman new defence minister: Here are her achievements as MoS commerce

Sitharaman elevated to Cabinet rank; Commerce and Industry Ministry portfolio goes to Suresh Prabhu

Subhayan Chakraborty  |  New Delhi Last Updated at September 3, 2017 14:14 IST

Cabinet reshuffle

Union Minister Nirmala Sitharaman takes oath. Photo: @ANI
Nirmala Sitharaman was on Sunday appointed as the country’s Union defence minister, a charge that was until now held by Finance Minister Arun Jaitley.


Now the country’s second female defence minister, former commerce and industry minister Sitharaman was upgraded to full Cabinet status in Sunday’s reshuffle. She had been a minister of state with independent charge until now. The Ministry of Commerce and Industry will now be headed by former railway minister Suresh Prabhu. Business Standard takes a look at the developments that have happened over the past three years in key areas under her ministry.


Anaemic growth in exports


India’s merchandise exports started off well in the first year of Sitharaman’s tenure, reaching $310 billion back in 2014-15. However, after that, they have not been able to break the $300-billion annual barrier. Exports declined to $262 billion in 2015-16 and rose 4.7 per cent to $274 billion in the last financial year of 2016-17. The slowdown in global trade growth had been held responsible for this, along with a crash in prices of raw materials that India exports heavily, like processed petroleum, industrial metals, and meat.


On the other hand, Indian exporters have continued to raise the issue of falling competitiveness, loss of foreign market for strong sectors like apparel and engineering goods, and a growing trade gap with China, which they have flagged as a serious concern. They say the ministry should have been more forthcoming in addressing this concern. The trade deficit has reduced from $135 billion to $108 billion.


While successive economic surveys have pointed out labour intensive sectors like leather and apparel as an answer to this problem, little has moved on the ground. While the Rs 6,000 crore special package for the apparel and home furnishings sectors has been slow to take off, a similar one for the leather industry has remained an idea only on paper.


In July, the country witnessed 11 straight months of rise in outbound trade but export growth had slowed down significantly.


Finally, the Goods and Services Tax (GST) has hit exports hard with several changes to business norms brought in by the government later on. “The teething issues that were present after GST have been speedily looked into by the minister,” Ganesh Kumar Gupta, president of exporters body FIEO, said.


Status quo on trade deals


India is currently negotiating at least 16 free trade agreements (FTAs) with nations or nation groupings. While the completion of new agreements has been painstakingly slow, voices from the industry say that existing trade deals, such as the ones with Japan or Korea, haven’t benefited India.


One of the most important and ambitious deals, the Regional Comprehensive Economic Partnership with Asean nations and China, Japan, Australia and New Zealand, has bogged down due to disagreements over tariff reduction and market access. The same issues have been at the core of other trade discussions that had stalled as well, allowing critics to argue that a heavy-handed approach was being taken in trade negotiations.


However, India hasn’t been at a disadvantage to get their point across during Sitharaman’s tenure. Sachin Chaturvedi, director general at trade think tank RIS, said: “The trade negotiators have been proactive in dealing with the changing circumstances of the international stage.”


Pushing for old demands at WTO


The country hasn’t made much progress during Sitharaman’s tenure at the World Trade Organization (WTO) on matters of international trade rules. India’s long-standing demand for a permanent solution on stockpiling of food grain or a special safety mechanism for agriculture hasn’t materialised.


Instead, discussions have become saddled with newer issues such as proposed global rules on e-commerce, which is supported by developed nations, and a Trade Facilitation Agreement (TFA) on investments pushed by China.


However, India has made some headway in drumming up support for a global TFA on services, which had been proposed by India. Expected to be on the lines of the current TFA in goods trade, the services proposal has been pushed by Sitharaman over the past year-and-a-half.


Foreign direct investments pouring in


The Department of Industrial Policy and Promotion (DIPP) is the nodal body responsible for drawing the framework of Foreign direct investment (FDI) policy in the country.


Under Sitharaman, it has managed to ease more than 87 FDI rules across 21 sectors to accelerate economic growth and boost jobs.


Since 2014, FDI reforms have been radically overhauled across traditionally sensitive sectors such as broadcasting, retail trading, air transport, rail infrastructure, and defence.


As a result, one of the key poll promises of – that of attracting foreign capital for investments – has shown net positive results. Added to this, the successful marketing of Make In India by the DIPP globally has resulted in FDI inflows rising 23 per cent to $55.6 billion in 2015-16, creating a new record. In 2016-17, the figures were even higher at $60.08 billion.


According to government estimates, more than 90 per cent of FDI now flows into the country through the automatic route without needing clearances.


Demonetisation, GST cut down industrial growth


The June quarter GDP figures have surprised many by registering the lowest growth rate, at 5.7 per cent, since PM Modi was elected. Rising at the slackest of paces in more than three years, GDP has primarily dropped due to industrial growth being stifled.


The double whammy of GST and demonetisation has been difficult for the industry to bear. Restocking after GST implementation and a favourable base effect are likely to contribute to higher GDP and GVA growth in the remaining quarters, Aditi Nayar, principal economist at ICRA Ltd, said.


Nevertheless, the likelihood of growth surpassing seven per cent for the financial year has diminished after the recent readings, she said.


Easier to do business now?


This is tied to the ease of doing business in the country, which the government had made its pet theme in the process of cementing its business friendly image. While the Prime Minister had targeted breaking into the group of top 50 nations in World Bank’s Ease of Doing Business global rankings, India managed to better its position by only a single rank (185 to 184) last year.


However, the DIPP continues to stress that business norms and license requirements have been cut down drastically in the country. Under Sitharaman, the department has created a similar ranking of states, which has resulted in the average time taken in starting a business and the number of formalities that go with it sharply dropping nationwide.


However, a recent NITI Aayog report showed that most end-users were not aware of these changes.

Source: Sitharaman new defence minister: Here are her achievements as MoS commerce | Business Standard News

DhananjayParkhe

    Mentoring Startup Entrepreneurs Daily update ⋅ September 3, 2017

Mentoring Startup Entrepreneurs

Daily update ⋅ September 3, 2017
NEWS
startup founder who built a side business while working in finance shares his best …

They make a point of mentoring other entrepreneurs regularly, and they … They get on the phone with entrepreneurs seeking advice “every week or so …
Google Plus Facebook Twitter Flag as irrelevant
Zone Startups India launches 2nd edition of empoWer for women entrepreneurs

Technology startup accelerator Zone Startups India has launched the … for a 6-week program where participants will get access to mentoring, workshops, … Zone Startups India will continue to support these women entrepreneurs for …
Google Plus Facebook Twitter Flag as irrelevant
TiECon Detroit 2017 To Feature Mobility Competition; Applications for $50000 Investment …

Aimed at identifying the six top-level entrepreneurs and startups working on … TiE’s mission is to foster entrepreneurship globally through mentoring, …
Google Plus Facebook Twitter Flag as irrelevant
DhananjayParkhe

Today’s Inspirational Quote:

 

Did you know…

… that today is Opening of Rock and Roll Hall of Fame Day? On September 2, 1995, the Rock and Roll Hall of Fame and Museum in Cleveland, Ohio, officially opened. Devoted to the celebration and preservation of rock and roll music, the museum recognizes and archives the history of the best-known and most influential artists, producers, engineers, and other notable figures who have had some major influence on the development of rock and roll.

~~~

Today’s Inspirational Quote:

“If you can’t be a pencil to write anyone’s happiness, then try to be a nice eraser to remove their sadness.”

— Author Unknown

Motivation

India most corrupt country in Asia: Corruption rampant in education, healthcare, says report

While India remains the most corrupt country in this region, with 69 per cent bribery rates, Japan came out as the least corrupt nation, with a 0.2 per cent bribery rate.

Source: India most corrupt country in Asia: Corruption rampant in education, healthcare, says report

DhananjayParkhe

State Governments focus on Startups

As the Secctor Skills Development Councils do not create adequate Employability Skills, the State Governments focus on Entrepreneurship by shelping the Startpreneurs.

The Influx of over 5 Crore Bangla Deshis in India does not help either as they eat up the menial jobs . 

Uttar Pradesh CM Yogi Adityanath Sets Up $156.2 Mn Startup Fund

Uttar Pradesh Chief Minister Yogi Adityanath has set up a $156.2 Mn (1000 Cr) startup fund for helping startups in the state.

BUZZ
Elevate 100: Karnataka Govt. Picks 100 Most Innovative Startups To Nurture Them To Success

Elevate 100 platform will provide 100 startups state funding of $62.5Mn, advisory and legal support.

BUZZ
VC Firm Matrix Partners Plans To Increase Investments In Delhi-Based Startups; Launching Delhi Office This Week

In this direction, Matrix Partners will also launch its Delhi office this week and has moved three of its investors there.

BUZZ
Michael And Susan Dell Foundation To Setup An Incubator In India

US-based Michael and Susan Dell Foundation is reportedly looking to set up an incubator for early stage startups in India.

BUZZ
SaaS Firm Narvar Acquires Logistics Startup GoPigeon

The US-based enterprise SaaS platform Narvar has acquired Indian logistics company GoPigeon.

DhananjayParkhe

Mentoring Startup Entrepreneurs Daily update ⋅ September 1, 2017

Mentoring Startup Entrepreneurs

Daily update ⋅ September 1, 2017
NEWS
Funding and mentorship program for startups comes to Ann Arbor SPARK

The program’s aim is to connect entrepreneurial hubs and SmartZones within Michigan and to provide startups with potential funders and mentors as …
Google Plus Facebook Twitter Flag as irrelevant
How Entrepreneurs Can Pick Up The Pieces After Their Startups Fail

Then, it happens to you: Your startup fails and it feels like your life is over. But really, it’s not. In working with all types of business owners, I advise …
Google Plus Facebook Twitter Flag as irrelevant
Lufthansa hosts Startup Expo, India’s biggest startup event

India is the third-largest startup hub in the world, and startups are seen as key to … which saw participation from thousands of entrepreneurs and startups. … needed to boost entrepreneurship, with innovators and investors, mentors …
Google Plus Facebook Twitter Flag as irrelevant
Steve Baxter’s big new govt gig

… he has already been doing: investing in startups and mentoring entrepreneurs. … We need a hundred times more starting tech startups to get those …
Google Plus Facebook Twitter Flag as irrelevant
%d bloggers like this: