Positive effects of demonetization

The government’s demonetization drive has precipitated financial chaos in the country and experts are still divided on the overall impact of the move on the economy.

While the formal economy is reeling under a cash crunch, with 86% of the currency in circulation no longer legal tender, the pinch is also being felt by those involved in illegal activities funded by cash-transactions, and it’s not just terrorists!

Here are some of the silver linings:

Nobel laureate Kailash Satyarthi has come out in support of the measure and says it will check human trafficking and child slavery in the country. Millions of women and children in India are victims of trafficking.

Another illegal business where cash dominates is prostitution. As a fallout of the withdrawal of 500 and 1000 rupee notes, local media outlets are reporting that women offering sex services are asking clients to pay digitally or take a hike.

There is no doubt that the move has put a dampener on weddings this season. Many weddings rely on cash expenditures, with gifts and dowry changing hands. Social activists have reason for cheer that dowry giving, a social ill that places a huge financial burden on the woman’s family, may have become difficult as a result of demonetisation.

Some families of bridegrooms have withdrawn or reduced their dowry demands. Weddings have also become less lavish.

Cash transactions also fuel drug dealing so it is no surprise that in the Malda region  of West Bengal, which is a hub of the drug trade, demonetisation has delivered a blow. Smugglers cannot pay opium farmers and buyers are short of cash to purchase drugs. Only time will tell if this is a temporary or permanent setback for the drug mafia.

Tax collections by local urban agencies have also registered a huge increase. Data from the Urban Development Ministry shows that the tax collection of 47 local bodies rose by 268% in November 2016 compared to the corresponding period last year.

Mumbai-based brokerage Edelweiss Securities Ltd. forecasts that the government’s move will uncover Rs. 3,00,000 crore in black money. Some more optimistic estimates peg the figure at Rs. 4,60,000 crore.

The gains could help India narrow its budget deficit. It is a chance to plough more money into defence and energy spending or increase spending on social services such as education, health and housing, by as much as three times.

Start-Up India

Entrepreneurship has been a major practice for centuries in India.Traders traveled across the sea and continents to sell or buy commodities.Even in today’s day and age alot of Indians have gone abroad to start their own business, big or small.

India is  very rich in terms of human resource.While  it has a billion strong workforce there also exist millions of small, medium and big businesses.These business combine to form a large share of GDP of India.

Start-up India is the kind of an initiative which could make India the most happening destination an help India overtake Israel in terms of entrepreneurship.

The MUDRA yojana is a perfect example to provide capital to budding entrepreneurs at a very low interest rate without any collateral.

Other than that, the tax holiday which new entrepreneurs get helps them to reinvest the money back into their business which leads to growth.

Different angel investor networks and entrepreneurial networks have welcomed this move, as it will create the kind of atmosphere where more professionals would like to use their work experience to create new innovative business which either offer a unique product or service.

It will take around 5-10 years to actually show the effect of this initiative since most of the business do not make much money in their first 3-5 years but either way it has created a euphoria especially amongst youngsters who have set their eyes on being the next zuckerberg or larry page

 

 

 

 

SITM

SITM is a well-known entity in the ICT industry which proffers leaders and pioneers for its tremendous contribution towards the domain for over 20 years. It offers students, lot more than just a MBA degree where it is made sure that rational and analytical thinking is imbibed into the minds of every student.

SITM specialises in nurturing future “techno-managers”, a niche set of professionals who have the right ingredients to set the pace in their respective fields.

At SITM, the students are expected to discuss and interact with their respective professors, which is a holistic way for them to achieve an overall development at all levels. The students at SITM, are inspired to participate in extra-curricular activities ranging from research and white paper writing to sports and ISR. Students study subjects about OSS and BSS which gives them a view of complete scenario of the industry which thy will be serving in near future.

 

 

 

The Students are trained in Vale added Programs like 6 Sigma, ITIL, Digital Marketing, ETOM, Revenue Assurance  and IBM Cognos.6 Sigma and Digital Marketing programs are certified by TUV SUD, South Asia.

SITM with its active alumni network promotes communication and building connections between the students and the industry. The institute encourages its students taking part in projects in collaboration with leaders of the ICT domain.

SITM hosts annual HR conclave called Conexion along with and Communique which is an International Telecom Seminar where wizards of industry converge to discuss about various topics from ICT domain. Prevision, an annual forecast magazine is also published by SITM which gives a clear picture of Telecom industry.

SITM emphasises on the practical side of the knowledge and motivates their students to apply themselves into each task assigned to them.

To sum it up in a few words, SITM is a B-school with a difference, a difference made in the lives of each and every student enrolling into its resident course after students turn out to be ready to blend into the corporate world.

 

Power-A luxury in India

India is considered as one of the  fastest growing economies in the world.The current government claims to make India a superpower by 2020.But these things are far from the facts.

India has a home based economy with a population of around 1.2 billions people.even though its less than that of China with China being around 3 times bigger than India.This tells us how strained are the resources in India.

Be it agriculture or industry,power has become a crucial factor for development of a country.India being an agricultural based economy needs power for water pumps and machinery to process grains and other agricultural yields.

Still power is considered as a luxury and most of the Indians have accepted their fate and do not complain about the darkness.

No other state than Gujarat in India can boast of providing 24 hours of power in India.Even industrial cities like Noida and Gurgaon near Delhi and Thane and Navi Mumbai near Mumbai cannot have that privilege.With such miserable conditions topped with monsoon dependent water supply,India still dreams thanks to incompetent governance and Indian mentality of settling for the least and worst.

According to figues given my Indian ministry of Power,total power genrated annually is around 203GW.It means the per person power availability is just 163W.Considering the fact that a ceiling fan consumes around 80W and a tubelight consumes around 40W ,163 seems very less.

Let us roughly analyse the power situation in India and the reason where lot of work has to be done.

Almost 60% of the power generated in India is by thermal power stations where  coal is the major resource.India has its fair share of  coal with around 9 active coal minining zones spread unevenly across the country,but most of the coal has lower calorific value and the efficiency is just aound 0.5kg per kWh of electricity.

India also has been one of the most polluted countries in the world and thermal power is not helping their cause to reduce pollution.The CO2 levels are alarming for Indians.

Thermal is followed by hydro power generation which amounts to almost 20%.Northern India has water supplies from perennial rivers but central and south India are completely monsoon dependent on water.Tamil Nadu happens to be dependent on Karnataka,Andhra and Kerala for most of its water.

Hydro power generation seems a challenge for India since water management is absent.Though there are 1000s of dams in India not all of them get full after monsoon hence hydro power generation becoming a challenge.Hydro power projects in Himachal Pradesh and North East India only seem to be the regular power churners for India.While Hydro projects in western and southern India are inconsistent.

The third largest power generation source in India is through renewable energies like biomass,sun,wind and tidal.

India though not being a windy country,wind energy tops the charts amounting to 80% of the renewable energy.Followed by micro hydro power generation as showed in Hindi Film Swades amounting to 15% of renewable energy.

India being livestock rich and huge population produces thousands of metric tonnes of bio-waste everyday.Inspite of early awareness of bio gas and bio-fuels , biomass generated energy figures are very low.No major Indian cities have  tried to emulate  Sao Paulo model by generating power from solid waste management generating a whopping 1.7GW of electricity annually.

India boasts 300 days of sunshine with states like Rajasthan,Haryana,Punjab along with northern Gujrat and interiors of Maharashtra having more than 330days of bright sunshine,Solar happens contribute less than 2GW of totaly energy produced.

Indians simply fail to understand the life of solar panel and how their investments are an upfront payment for electricity generation of next 10 years minimum.

Indian government is still appealing the mass to replace bulbs with CFL while rest of the world is substituting CFL with LEDs.

The another major power mismanagement issue is power distrubutin and transmission.Although on paper the Power Ministry claims 10% transmission and distribution losses,as per international figure the losses are more than 20% and too high for a ” want to be a super power country”.Use of cheap equipments and cabling along with power theft are responsible for the power losses in India.

Nuclear Energy is the only cheapest way for India to generate electricity in bigger quantity.But  Indians are too scared to accept it since there have been many disasters due to complacency in India in the past.

Tidal energy has been put to great use by Tamil Nadu state government.They have set up a huge cluster of windmills near Kanyakumari to generate consistent power within the windy Indian ocean.

Gujarat state government  played a master stroke by commissioning more than 10 solar parks in the state making them the biggest solar park in Asia.

Gujarat has showed rest of the country by being the only surplus state who can afford to sell electricity to mismanaged states of Maharashtra and Rajasthan.

Lot of educated people with eco-friendly lifestyles have chosen Solar off-grid solutions for themselves inspite of getting 24 hour electricity supply in cities like Mumbai.

I hope this article proves to be an eye opener for Indians who are ready to buy expensive phones and laptops and tablets but would not take Solar for solving their power crisis.

It is time for Indians to take a step ahead and adopt a Solar solution for their own house.if each one thinks reduces their power dependency on main grids by 30% India will become power sufficient by 2020 for sure.

Feel free to comment or ask queries about solar integration.Email id is arsenalfanabhi@gmail.com.Do not forget that renewable is the only option for an overpopulated country like India.

Go Green,Go Clean,Go Solar!

12″ Solar Table Top Fan

 

 

Recently i was chatting with my long time net pal from USA who resides in Colorado.He told me how he empowered his household into solar.The lights,TV,music system,fans,kitchen appliances,everything except air conditioning and washing machine was run by solar.Having worked in Solar industry i had talked about it with him 6 months ago and i was glad that he went for it.

Economically Solar is a one time investment.A Solar module has a life of 20 years and comes with a performance warranty of 10 years.So whatever you invest once is for minimum 10 years.You start getting returns on investment in 5 years.But this math is so hard to explain to Indians who would buy a 50000 rupee Iphone but would tolerate powercuts,load shedding and argue how solar is expensive and not worth it.

This is when i felt that India needs to get educated afterall.A country with 300 days of sunshine cannot just reject the solar technology.

If Blackberry can make BBM a hit which was a result of some agressive marketing,I can definitely Solarise India which is the need of future in a country like India where population is ever increasing and resources are on a decline.

That is when i developed a Solar Table top Fan on my own.

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The package consists of 12″ DC fan ,battery box(heart of the system) and 20W Solar PV.

The Solar PV and fan was outsourced while the battery box was completely designed in house individually.

The fan has oscillation facility with 3 different speeds.

When oscillation is on and fan is on full speed you get a 4 hours of backup easily.

You just have to place the panel in unobstructed sunlight for 4-5 hours to charge the battery box.

Once charged you just need to plug your fan in the battery box and enjoy the breeze.

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The Battery Box has two Indicators which indicate the charging status and low battery status.The red light is on when the battery is low.The green light when on,indicates charging and blinks when the battery is fully charged.

The fan gets automatically switched off when the battery is low ,thus saving the battery from deep discharge.

A switch is provided to switch the fan On and OFF.

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The battery box looks elegant and would go with your house interiors unlike the other cheap quality thin metal sheet boxes sold in the market.

The fan is ultra light in weight and is pure white in colour.

This happens to be an ideal solution for the hot sweaty afternoons at your farmhouse or native place where you haven’t installed inverters.

If you are more interested in this fan,email me at arsenalfanabhi@gmail.com or give me a ring on +919987180210.

I would love to make more of these for all my Eco-friendly buddies who really want to get acquainted in solar and contribute their little bit to our environment.