Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.

There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Wednesday, 25 May 2016

A RIDDLE WRAPPED IN MYSTERY ?



In his broadcast to the world , on  01 Oct  1939 ,  British Prime Minister , Winston Churchill said :

" I cannot forecast to you the action of Russia. It is a riddle wrapped in a mystery inside an enigma  "

I got reminded of this while reading a news-report in Hindustan Times ( 25 May 2016 ), titled :

" Apple can open stores , but has to source 30 % locally "

Report adds :

"  Apple's case came for waiver of sourcing norms came to the finance ministry six days back, but was not justifiable .

They ( Apple ) could not prove through enough merit that the technology they want to sell , is CUTTING EDGE technology and STATE OF THE ART

But they can open stores if they meet the norms , sources said

The finance ministry has also asked the Department of Industrial Policy and Promotion ( DIPP ) , to come up with a policy explaining CUTTING EDGE , and STATE OF THE ART technology, sources said  "

How about someone asking DIPP , what are the meanings of the upper-case words , in its following definition of a START UP ?

An entity will be identified as a startup , if  :

It is working towards  INNOVATION, development, deployment, and commercialisation  of  NEW PRODUCTS , PROCESSES , or SERVICES  driven by TECHNOLOGY  or  INTELLECTUAL  PROPERTY


No wonder , the official web site of the Start Ups (www.StartupIndia.gov.in ) , launched 3 months back , does not even bother to provide a LIST of the Start Ups registered on that site , so far  !

Nor can one fill in a REGISTRATION FORM , online !

And , if you are a BRAVE-HEART , try downloading the Mobile App from the site  !

May be that App looks like what I had imagined in my following blog :

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Wednesday, 20 January 2016


START UP RE-DEFINED


No doubt , you have read the definition of a Start Up in the Start Up Action Plan document

I have tried to envisage below, how that might look on that Mobile App for Registration :


*   Is yours a Private Ltd Co / LLP / Partnership  ?...........................................  Yes  /  No


*   Is your Company more than 5 years old ?....................................................Yes  /  No


*   Is your Start Up formed by splitting an existing business ?............................ Yes  /  No


*   In last 5 yrs, has your turnover exceeded Rs 25 Crores ?.............................  Yes  /  No


*   Is your product/service " DIFFERENTIATED "  ?............................................ Yes  /  No


*   Is your product / service " COMMERCIAL "  ?............................................... Yes  /  No


*  Is your product / service " INNOVATIVE "  ?................................................  Yes  /  No


*  Is your product / service driven by ,
    " TECHNOLOGY  / INTELLECTUAL PROPERTY "  ? ............................................Yes /  No


*  Is your product/service ,
   " NEW / SIGNIFICANTLY IMPROVED "  version "  ?.................... ...................... Yes / No

  
*  Does your product/service add " VALUE " to customers  ?................................ Yes / No


*  Does your product/service add " VALUE " to " WORKFLOW " ?.........................   Yes / No


*  Have you got certification  from Inter-Ministerial Board ?................................ Yes /  No


*  Have you got recommendation from Incubator in Post Grad Indian College ?.......Yes / No



MY  TAKE :


#  Each year 12 million persons join India's work force

#  Of these , 3.5 million are Graduates

#  Rest ( 8.5 million ) are 10th / 12th Standard pass or less

#  No more than 1,000 persons will fulfill above mentioned " Eligibility Criteria " for Start Up

#  There will be endless debates on the correct meaning of words in CAPITAL letters above !


WHY  SUCH  STRINGENT  " ELIGIBILITY  CRITERIA "  ?


#  At Rs 2.5 cr loan per Start Up, Govt Fund of Rs 2500 Cr can help only 1,000 Start Ups !

#  Any relaxation in " eligibility criteria " , may result in MILLIONs of persons queue-up !



WHAT  IS  THE  IMPLICATION  ?

#  Funds are just insufficient to help 12 million persons to become " Self Employed "


MY  SUGGESTION :

In India , we are talking of getting " Unemployed " to launch " Start Ups "


Anywhere between 100 million to 400 million " Unemployed " for whom neither Public Sector nor Private Sector , is in any position to create jobs


We want them to become " Self Employed " - what Shri Narendra Modi described in USA , as our " PERSONAL  SECTOR "


They are unlikely to launch technology driven , Web-based businesses , even if their businesses require them to have a Smart phone , on which , their customers can reach them


They aspire to become ( list can run into 200 trades ! ) :


*  Street-side Vendors ( Vegetables / Shoes / Purses / Fruits / Trinkets )

*  Craftsmen ( Plumber / Electrician / Carpenter / Repairer  )

*  Dhobi / Barber / Pan Beedi shop-owner / Tailor / Mochi

*  Doodh-wala / Ruddi Paper-wala / Gajra-wala / Delivery Boy

*  Cook / Maid / Courier / Tuition Teacher / Beautician / Taxi Driver

*  Home-cooked Tiffin Service /  Car wash  /  Gardening ......



How can we help millions of  JOBLESS  to set up such  MICRO - BUSINESSES  ?

By Government ( Central / State / Municipal ) getting out of their way !


HOW  ?


*  No licenses / permits / approvals / conditions / criteria

*  Simple online registration on proposed Web site of DIPP for Start Ups

*  No personal Income tax for individuals

*  No Corporate Income tax for Start Ups for 10 years ( no chance of profit in first 3 years )

*  Amnesty Scheme for enabling Rs 10 million*crores of BLACK MONEY to flow into such
   Self Employment


It is still not too late for our  Policy Makers will think " Out of Box " and implement :


www.hemenparekh.in > Blogs > A New Economic Order - Start Up Act - 2015


Anything less just won't make much of a difference !

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www.hemenparekh.in / blogs

26  May  2016

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Make    Yourself    Heard

Dear Visitor :

It is time for YOU to speak up - and demand that YOU are heard

By emailing this suggestion - incorporating your OWN improvements - to the following Policy Makers

(  Just multiple copy all the following Email IDs into the Recipient column of your Outlook and Copy / paste this suggestion in the Message Box ) :


    narendramodi1234@gmail.com; 38ashokroad@gmail.com;ajaitley@del5.vsnl.net.in; jayant.sinha19@sansad.nic.in;piyush.goyal@gov.in;nitin.gadkari@nic.in; spprabhu1@rediffmail.com;bandaru@sansad.nic.in;smritizirani@nic.in;nsitharaman@nic.in; ravis@sansad.nic.in;sureshprabhu@irctc.co.in;prakash.j@sansad.nic.in;secy-ipp@nic.in; amitabh.kant@nic.in; shaktikanta.das@nic.in; rsecy@nic.in; adhia1981@gmail.com; ceo-niti@nic.in; atul-chaturvedi@nic.in; uma.bharati@sansad.nic.in; d.pradhan@sansad.nic.in; rprudy.office@gmail.com; rudypr@rediffmail.com; eam@mea.gov.in; mosvks@mea.gov.in; mvnaidu@sansad.nic.in; mnaqvi@sansad.nic.in; rao.inderjit@sansad.nic.in; mljoffice@gov.in; sadananda.gowda@sansad.nic.in; ministerminority@gov.in; najmah@sansad.nic.in; minister-ca@nic.in; ramvilas.paswan@sansad.nic.in; gandhim@sansad.nic.in; akumar-alpha@sansad.nic.in; jpnadda@sansad.nic.in; hm.moca@nic.in; geete@sansad.nic.in; simratbadal@yahoo.com; ns.tomar@nic.in; rmsingh@sansad.nic.in; tc.gehlot@sansad.nic.in; dr.harshvardhan@sansad.nic.in   


  


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