ICEBERG OF UNEMPLOYMENT

In his “Kotak Institutional Equities “ report,

“365 Mn : Can India live up to its demographic dividend ? “

( as reported in DNA / Oct.21,2010 ),

Akhilesh Titolia says :

·       23 / 25 million Indians will become eligible for work every year for the next 15 years

·       Out of these, 12 / 13 million will actively look for employment every year

·       There will be 365 million young Indians by 2025

So, what is India’s score-card for job creation ?

MaFoi Randstad Employment Trends Survey ( as reported in DNA / Dec.16,2010 ) reports that private organized sector in India created following no. of jobs :

               In  2008 …………………………  0.67 Million

               In  2009  ………………………… 0.90 Million

               In  2010  ………………………… 1.13 Million

Will India’s Economy sink by hitting the tip of the Unemployment Iceberg ?

Hemen  Parekh

CHINESE ARE CREATING JOBS IN INDIA?

At Mundra Port ( Kutch / India ), Adani group commissioned 1980 MW of power project within 2 years of ground – breaking.

Another 1320 MW will get commissioned by March 2011.

At Mundra port , 3,000 Chinese engineers / workers are working 12 hours per day / 7 days a week, supplying / erecting / commissioning the power project.

When Mundra capacity reaches 5,000 MW, it will generate 500,000 jobs in the state of Gujarat.

By 2015, Adani group will produce 20,000 MW of power all over India, generating 2 Million jobs.

If giving jobs to 120,000 Chinese can create jobs for 20 Million Indians every year, what is wrong ?

On other hand, India should seriously consider importing Chinese work ethics instead of Chinese workers !

Hemen  Parekh

BRING / BACK / BLACK / MONEY [B/3/M]

As per one estimate, Indians have stashed away $ 462  billion worth of “ Black Money “ overseas – primarily to avoid paying exorbitant taxes in India.

To bring this money back legally / forcibly will take ages.

But suppose Indian Government were to tell these tax-evaders :

“ Bring back that money and invest it in building infrastructure – roads, ports, bridges, broadband, power, education, telecom etc.

No questions will be asked as to the source of your money.

Whatever your investment earns, will be tax-free for 10 years.”

Do you think that will work ? And generate 46 million new jobs in 5 years ? And Indian economy will grow at 12 % annually ?

If you do, start a movement  –   B/3/M   – “  Bring  /  Back  /   Black /  Money  “

Ask Finance Minister, Mr. Pranab Mukherjee to announce this in his budget speech on 28 Feb. 2011.

Let your voice be heard. Wherever you happen to be [ Twitter / Facebook / MySpace / Orkut / LinkedIn / YouTube etc ], keep chanting,  “  Bring  Back  Black  Money  /  Bring  Back  Black  Money “.

Send this to your friends.

A Rare Event ? A Black Swan ?

It is not rare for a website to turn-up on the first page of Google, for a given search-term.

Or, even on the first pages of Google / Yahoo / Bing ( for the same search-term, of course ), - although this is less likely.

But how “ probable “ is it

Ø   for the same website

Ø   to turn-up in the same place ( rank ) on the very first pages

Ø   of Google / Yahoo / Bing

Ø   for the same, long and very generic search-term

Type Recruitment Process Flow Chart/ flowchart ( without commas ) in all 3 search engines – then look-up position # 3.

Is that a “ probability “ of   1 /  [ 151,000*550,000*350,000 ] ?

Witness a rare event ! A Black Swan on winter equinox day ?

With regards

hemen  parekh

www.CustomizeResume.com

Jobs  for  All  =  Peace  on  Earth

A RARE EVENT? A BLACK SWAN?

It is not rare for a website to turn-up on the first page of Google, for a given search-term.

Or, even on the first pages of Google / Yahoo / Bing ( for the same search-term, of course ), - although this is less likely.

But how “ probable “ is it

·         for the same website

·         to turn-up in the same place ( rank ) on the very first pages

·         of Google / Yahoo / Bing

·         for the same, long and very generic search-term

Type Recruitment Process Flow Chart/ flowchart ( without commas ) in all 3 search engines – then look-up position # 3.

Is that a “ probability “ of   1 /  [ 151,000*550,000*350,000 ] ?

Witness a rare event ! A Black Swan on winter equinox day ?

Hemen  Parekh

FLOW CHART OR FLOWCHART ?

Whether your search-term happens to be [ without commas ],

·          Recruitment  Process  Flow  Chart

     Or

·          Recruitment  Process  Flowchart,

Search engines [ Google  /  Yahoo  /  Bing  ] seem to be in agreement re: which website should occupy position # 2  /  # 3.

Despite the extremely low “ probability “ of such an occurrence in search results ranging from 25,500 to 898,000 !

Recruiters may want to discover for themselves !

Hemen  Parekh

A BLACK SWAN?

Author Nassim Taleb, in his book, “ Black Swan “, describes a black swan as an extremely rare event but still possible.

Search engines

·      giving the same rank ( position in search results )

·      to the same website

·      for the same search-term ( and a long / generic too )

is an example of such a rare event.

But it did happen this afternoon ( Jan 13, 2011 ) when Google and Yahoo and Bing, all placed

www.IndiaRecruiter.net

at position  # 3, upon entering search-term

Recruitment  Process  Flow Chart

Can someone calculate the probability and record feedback at

  

Celebrity Opinions

Hemen  Parekh

RETIRE EARLY? NO WAY!

15 Jan 2011

RETIRE EARLY? NO WAY!

That is what Indians seem to be saying.

French insurer Axa Life Insurance asked workers in many countries, what should be the ideal retirement age. Here are some answers:

·         India  ……………61 years (from current 58 years)

·         Hong Kong/Indonesia … 55  years

·         China  ………………………  54  years

Apparently, residents of Hong Kong seem to be most assured about their post-retirement income, with 55 % of them availing of early retirement and a mere 17 % working till normal retirement age!

Compare this with 70 % of the Indians, who continue to work till their normal retirement age.

And that applies to only 10 % of the 460 million Indians who work in the “organized sector“.

Balance 90 % of Indian workers don’t even know the concept of “retirement “! Happily or unhappily, they start working as a 5 year old child and continue till grave!

Hemen  Parekh