Prime
Minister’s Challenge
Addressing a group of Company Secretaries
last evening , PM Shri Modi challenged them to help make Corporate India , free
of Corruption / Black Money / Tax Evasion ( - not a
single “ Shell Company
“ ) , by 2022
In his speech , Shri Modi listed a series of steps taken by his
government during the past 3 years , to achieve this goal
He left out any mention of the following step , which somehow also got
scant coverage in the media
=====================================================
Economic Times [ Oct 01 2017 ] carried
following news :
“ L&T Infotech bags $100 mn contract to
help pin down tax evaders “
The ambitious initiative to use social media analytics to identify tax
non-compliance is a $100-million project for the Infotech arm of engineering
giant Larsen & Toubro, according to a
company official.
That is really advanced analytics. Now, that is like a
$100-million deal for us. It's not a small deal," L&T Infotech chief executive and
managing director Sanjay
Jalona told
Terming the work awarded by the Central Board of Direct Taxes as a "high volume
digital deal", he elaborated that the project involves creating a 'semantic web' where web pages are structured and tagged in such a way that can be
directly read by the computers.
"We are creating a systematic web on a person. If his wife is going to the Seychelles and
putting photos on Instagram, we will capture it ... that is really advanced
analytics," Jalona said.
It can be noted that in its efforts to shore up tax
collections in a country with among the lowest tax to GDP ratios among its
peers, the government has
decided to use the best that data analytics offer
Who would think that ICSI would find
an Engineering Giant as an ally in taking up the Challenge thrown by Shri
Modi ?
I have only a vague idea of the contour of the “ Semantic Web “ that Shri Jalona has in mind
To me , such a “ Semantic Web “ ( of a person ) would
consist of :
# KARMA……….
( Action )
All over the World , CCTV cameras are catching the ( evil –
dishonest – law breaking ) ACTS of the
people through pictures / videos
# VACHANA
…. ( Spoken / Written Words
)
L&T Infotech is apparently
planning to “ capture and analyse “ , every Indian’s “ Social Media
Existence “ , to decipher the “ Database of Evil Intentions “
# MANA……… ( Unexpressed
Thoughts )
If Shri Sanjay Jalona wants to “ Exceed the Expectations “ of the customer
– CBDT – then he may
want to go ahead and develop “ Semantic Web – V 2.0 “ , by
implementing :
Fast Forward to Future – 3F [ 20 Oct
2016 ]
But Shri Modi’s journey ( - to eliminate Black Money / Corruption )
does not end with this “ Semantic
Web “ project
It is only a
matter of time , before you hear of the following MILE STONES of that journey :
How to go Cashless ? [ 27 Nov
2016 ]
Network of Currency Notes ? [ 03 Nov
2015 ]
==================================================================
Currency Maps
of India ? [ 08 May 2016
]
==================================================================
Oracle has Spoken [ 25 March
2016 ]
Fak – e – Mon [ 17 July 2016
]
The March of Algorithms [ 05 July
2016 ]
Help ! Please , Rescue Me ! [ 08 Aug 2016
]
India has been proud of L&T’s capabilities in developing its PHYSICAL INFRASTRUCTURE
Soon , we will all be proud of L&T’s miracle in constructing our DIGITAL
INFRASTRUCTURE !
05 Oct 2017
www.hemenparekh.in
/ blogs
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