Sunday, 3 February 2019

This is How jamindars fooled British !

India was never been an easy colony for British Empire. The establishment of British Raj in India was not that easy as colonizing any other country. Their first law, we can also call it as the first modern legal framework was used to fool them. It was during 1790’s in Kolkota their intention of getting control over the Jamindars faced hurdles as the Jamindars used the loop holes of the law to fool the East India Company.

Charles Cornwallis brought new rules under the name ‘Permanent Settlement’ to collect the revenues from Jamindars. These Jamindars had several villages under their control. They were made responsible for collecting revenues from the Ryots- Farmers working in the field under their control. Subsequently they had to pay the revenues to the East India Company. There was also a clause, what if the Jamindars did not pay the revenue to the company? According to the permanent settlement, the lands of the Jamindars who had arrears will be publicly auctioned and the highest bidder will be appointed as new Jamindar. Though several lands changed their Jamindariship the interesting part is how these Jaminadrs used the same rule of auctioning in favour of them.

One of such famous auction is of Land of Raja of Budwan. His several Estates were auctioned to recover the huge arrears. Numerous purchasers came to auction and estates were sold in auction. But the 95% of the sale was fictious. Many purchasers were the servants or the agents of the Raja. The outsiders who came to auction were beaten in Lathis by Lathyals and made sure that they wont participate. Servants or the agents of the Raja bought the land on behalf of the Raja or Jamindar. So the land continued to remain in the control of the Jamindari.

What Does India Need ? Projectivity or Productivity ?

Are you working for an Indian software company? What are you working on? A Project or an own Product?

Bill Gates is recognized for Microsoft Windows, Steve Jobs is for i-phone and i-pad, we have so many examples like this. Let me ask you now- for what product Mr Narayan Murthy recognized for? Ask yourself, take any Indian Software company and analyze for what product they are recognized for. Nokia is famous for Nokia Mobiles; Samsung is for quite much number of electronic items. Google could create a new verb. For which product do you mark Wipro? (Leave its consumer goods section). Western Products Ltd- Wipro has forgotten what is a product when it comes to Wipro Technologies. Where do its EGO laptops stand in international Market?

Have you observed one thing? We feel proud when some Indian name runs in credential when adobe acrobat initiates. We proudly announce this much percentage of yahoo, Intel, Microsoft employees are Indians. Now tell me, why still we are working on some project borrowed from those companies? Why we could not create an OS like Microsoft, Unix or Mac? Why still we are importing phones from China? Why we don’t have indigenous Chip, Mobile or Complete Desktop? Is it much difficult than an aircraft, a satellite launching vehicle or a cryogenic engine, or a super computer?

Ask CDAC or ISRO people how to work on a product? They have built indigenous products. We have cryogenic engine now! Just because USSR did not give us cryogenic technology when we asked it for! We have PARAM super computers just because USA was unwilling to provide us that technology. They worked for the nation! We, so called engineers work for company, work for project, work for service!

Narayana Murthy is our youngsters’ role model. What flashes you when we tell the name of Narayana Murthy! There could be Finacle, Tally or similar software products by Indian software units, but again they are just a service to their clients. What flashes in your mind when somebody tells Steve Jobs, Bill Gates, Larry Page, N Y Philiphs……? People who do not know English have brand name called Lenovo, which now acquired IBM’s hardware unit. The same Chinese people have Huawei; to run our internet connections we have no other option!

We Indians are masters in English have nothing! (Our software companies test communication skills in English during recruitment) Our companies work on some projects which are already researched and developed by Huawei! You learn Chinese to bring that silly project! Our knowledge in foreign language is used only for bringing or begging some projects! The same Narayana Murthy tells many of our engineering students are not eligible to be employed. Yes, our schools have prepared such graduates who can work on some project- a borrowed out sourced service! They are not prepared to work on their own product or a landmark in the technology! What else you can expect when your requirement is the same?

Work for ‘Product’vity not on ‘Project’vity!

Saturday, 2 February 2019

A Non IITian Success story

A M Naik L&T
A M Naik, Chairman and MD, Larsen & Toubro (L&T) 
Success never asks for the certificates given by an institution. It is an inspiring story of Mr A M Naik (See Wikipedia), who struggled to speak in English climbed the top position in L&T, one of the prestigious corporate group of the country. This story by Shyamal Majumdar was published in Business Standard .

Consider what A M Naik has achieved in terms of making Larsen & Toubro (L&T) one of the most respected engineering conglomerates in the country. Now, consider his initial experience at L&T. Apart from the fact that he was not from any of the Indian Institutes of Technology (Naik did his mechanical engineering from Birla Vishvakarma Mahavidyalaya Engineering College in Vallabh Vidyanagar in Gujarat), his poor knowledge of English led him to make seven to eight mistakes in the first employment form he filled.


When he applied to L&T, he got a job, but the company reduced its initial offer by Rs 90 to Rs 670 a month and offered him a lower designation than what it had initially promised — all because the final interviewer thought he was a bit arrogant. Years later, Naik attributes this to a communication gap between him and the Englishman, who was the final interviewer. “I used to think in Gujarati and then translate it into English; the Englishman perhaps misunderstood what I had intended to say,” Naik said.


Naik could have easily given up on the L&T job, but didn’t, just to prove a point. He joined L&T on March 5, 1965, and became the workshop in-charge within one and a half years of joining the company. When he was not even 25, some 800 people reported to him. The rest is all too well known.


By the way title of the article was Opportunity in failures.

Bhutan is all about happiness

Public policies of governments in any nation should aim at the happiness of its citizen. Though many governments tell, their every policy is meant for creating happy nation, most of the times it fails. Our policies aimed at development of the nation in terms of GDP fails to keep the citizens happy, fails to meet sustainable development and protecting culture and environment. But in Bhutan "gross national happiness"(GNH) is important than Gross National Product. 
I came across Bhutan's GNH and National Happiness Commission very recently when I was reading some piece of article on development. I was ashamed to be ignorant of such a beautiful system of governance, present at the neighbouring and most friendly country to India.

I was also surprised to read there is no National Planning Commission like one in India. Instead Bhutan has Gross National Happiness Commission. Every government policy has to pass through NHC so that the policy is in accordance with the four pillars of GNH viz promotion of sustainable development, preservation and promotion of cultural values, conservation of the natural environment, and establishment of good governance.

Bhutan has the policies that least 60% of the country's land must remain under forest cover at all times. It imposes the tariff of $250 a day for each foreign visitor to control the tourist and protect the environment and culture. Sale of tobacco products is completely banned. All Bhutanese are required to wear the national dress, and all buildings must conform to the national architecture to preserve the country's distinctive culture. Can we even expect such policies from our governments? Or ever our government will be think of implementing such policies against the hypocrisy?

It is not surprising fact that Bhutan is better in terms of life expectancy, GDP, GNI and Per Capita Income than other neighbouring Asean countries. One can google the data.

Friday, 1 February 2019

Budget 2019 : Highlights

HIGHLIGHTS OF BUDGET 2019

Tax
1. Within 2 years, Tax assessment will be done electronically
2. IT returns processing in just 24 hours
3. Minimum 14% revenue of GST to states by Central Govt.
4. Custom duty has abolished from 36 Capital Goods
5. Recommendations to GST council for reducing GST rates for home buyers
6. Full Tax rebate upto 5 lakh annual income after all deductions.
7. Standard deduction has increase from 40000 to 50000
8. Exempt on tax on second self-occupied house
9. Ceiling Limit of TDS u/s 194A has increased from 10000 to 40000
10. Ceiling Limit of TDS u/s 194I has increased from 180000 to 240000
11. Capital tax Benefit u/s 54 has increased from investment in one residential house to two residential houses.
12. Benefit u/s 80IB has increased to one more year i.e. 2020
13. Benefit has given to unsold inventory has increased to one year to two years.
Other Areas
14. State share has increased to 42%
15. PCA restriction has abolished from 3 major banks
16. 2 lakhs seats will increase for the reservation of 10%
17. 60000 crores for manrega
18. 1.7 Lakh crore to ensure food for all
19. 22nd AIIMS has to be opened in Haryana
20. Approval has to be given to PM Kisan Yojana
21. Rs. 6000 per annum has to be given to every farmer having upto 2 hectare land. Applicable from Sept 2018. Amount will be transferred in 3 installments
22. National kamdhenu ayog for cows. Rs. 750 crores for National Gokul Mission
23. 2% interest subvention for farmers pursuing animal husbandry and also create separate department for fisheries.
24. 2% interest subvention for farmers affected by natural calamities and additional 3% interest subvention for timely payment.
25. Tax free Gratuity limit increase to 20 Lakhs from 10 Lakhs
26. Bonus will be applicable for workers earning 21000 monthly
27. The scheme, called Pradhan Mantri Shram Yogi Mandhan, will provide assured monthly pension of Rs. 3,000 with contribution of Rs. 100 per month for workers in unorganized sector after 60 years of age.
28. Our government delivered 6 crores free LPG connections under Ujjawala scheme
29. 2% interest relief for MSME GST registered person
30. 26 weeks of Maternity Leaves to empower the women
31. More than 3 Lakhs crores for defence
32. One lakh digital villages in next 5 years
33. Single window for approval of India film makers
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