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

Friday, 17 February 2017

Here is a clue : Get Out of their Way !

Two days back , ISRO launched 104 satellites in one go ( against 36 of Russia and 29 of America )

May not be soon , but someday even this record will get broken

How did ISRO manage this “ unimaginable “ feat ?

Short answer :   By imagining

Long answer :    By government getting out of ISRO’s way !

No doubt , ISRO must be , periodically , sending some documents to the Central Government , but I believe it does not need umpteen permissions / approvals / authorizations , at every step

Nor must it be bothered by visits of “ Inspectors / Auditors “ from ,

·         Labour Department

·         Pollution Control Department

·         Fire-fighting Department

·         Building Permissions Department

·         Excise / Octroi Departments

·         Income Tax Departments …..etc

More or less , it is free to set its own “ Objectives / Targets

But more importantly, it is enabled to implement the same with minimum ( or “ NIL “ ? ) interference from the governments ( Local / State / Central )

Now , let us look at some other recent , interesting news :

·         Economic Times / 18 Feb 2017

           China to face pressure to ensure enough jobs this year - vice premier

    China will face pressure to ensure sufficient job creation this year, vice premier Ma Kai said on Friday, even after authorities beat targets and created more than 13 million jobs last year.

The government should increase coordination between employment and economic policies and encourage job creation through innovation, Ma said at a State Council meeting on employment on Friday.

China targeted 10 million new urban jobs in 2016, and said on Monday it hoped to create 50 million new jobs over the five years to 2020 and keep unemployment below 5 percent.


Hindustan Times / 18 Feb 2017

     The Zuckerberg manifesto: How he plans to debug the world


His 5,800-word essay positions Facebook in direct opposition to a rising tide of isolationism and fear of outsiders, both in the US and abroad


“ Across the world there are people left behind by globalization, and movements for withdrawing from global connection “


Zuckerberg, 32, told the AP that he still strongly believes that more connectedness is the right direction for the world.


But, he adds, it’s “not enough if it’s good for some people but it’s doesn’t work for other people. We really have to bring everyone along.”


“Looking ahead, one of our greatest opportunities to keep people safe is building artificial intelligence to understand more quickly and accurately what is happening across our community,” he wrote.
Speaking to the AP, Zuckerberg said he understands that we might not “solve all the issues that we want” in the short term.
“ One of my favourite quotes is this Bill Gates quote,  that ‘ people overestimate what they can get done in two years and underestimate what they can get done in 10 years.’ And that’s an important mind-set that I hope more people take today,” he said.


·         Times of India / 18 Feb 2017

“  Inside Israel’s Hotbed of Global Innovation 


The Sosa complex that’s home to 2,500 ventures, 450 partners and 45 investors, is the country’s next big thing to retain its start-up edge. It has received 150 global delegations

Founded in 2014, Sosa is a hip complex that builds physical spaces and networks to help start-ups, investors and MNCs connect and collaborate.

Routinely, global delegations and multinational corporations arrive here to look up Israeli start-ups.

It was this serendipity that lured Enel, an Italian energy giant, to Sosa last August.

It had landed in Israel two years back, scouting for start-ups in cyber-security, drones, smartphones and IoT.

“Israel has the world’s highest concentration of innovative start-ups and smart engineers,” says Iran Levy, Israel- based MD of Enel Innovation Lab.

[ My note :

 Against Israel’s population of 8.2 million , India’s IT industry employs 3.9 million persons . As per recent McKinsey report, nearly half of the workforce in the IT services firms will be “irrelevant” over the next 3-4 years]

Enel’s lab collaborates closely with Sosa to screen and shortlist Israeli start-ups it wants to work with.

So far, it has met “hundreds” of start-ups, held four boot camps for delegations from Italy, is working closely with around 20 ventures, has made a few investments and is exploring many more.

Once Enel zeroes in on a start-up, it sponsors a project which could take three-six months to develop the relevant technology applications.

In the volatile world of start-ups, the trick is to find the next wave, stay ahead of the curve and be the first to go in for the kill.

Sosa is one of the many initiatives that Israel, known as the Start-up Nation and among the top five start-up hubs in the world, is doing to retain its edge.

Set up by pioneers of Israeli hi-tech industry, Sosa calls itself the town square of global innovators.

Going beyond accelerators and incubators, it brings together innovative start-ups, hard-nosed investors, supporting incubators and mighty MNCs under one roof.

Now India with 4500 Start Ups , claims to have overtaken Israel

But take a look at the numbers :

The government received only about 1,368 applications,

Of these, only 502 were recognized as start-ups by the Department of Industrial Policy and Promotion { DIPP }

And an even smaller subset—just the 111 firms incorporated after April 1, 2016,
were considered for tax benefits.

Finally, the benefits were granted to only 8 start-ups.


We have yet to figure out :

*   How to unleash our Start Ups to become “ Back Factory of the World “ ?

Sure , we can create “ Ten Million Start Ups in ONE YEAR “ !

18  Feb  2017