Tuesday, 24 October 2017

“ India had the highest number of underweight children in 2016 / According to a study , 97 million of the world’s underweight children live in the country “

DNA ( 18 Sept 2017 )

“ Soon states to be ranked on nutrition - Shri Amitabh Kant , CEO – NITI Aayog “

Times of India ( 19 Oct 2017 )

“ Saving Mothers and Children “ ( article by Shri Amitabh Kant – CEO , NITI Aayog )

My View :

BANMALI is the TOTAL Solution [ 14 Nov 2016 ]

https://myblogepage.blogspot.com/2016/11/banmali-is-total-solution.html

A Mobile App named “ BANMALI “ [ 15 Sept 2016 ]

https://myblogepage.blogspot.com/2016/09/a-mobile-app-named-banmali.html

CanAkshay-Patra banish Mal-nutrition ? [ 05 June 2017 ]

https://myblogepage.blogspot.com/2017/06/can-akshay-patra-banish-malnutrition.html

Saving 1.2 Million Kids [ 29 June 2016 ]

https://myblogepage.blogspot.com/2016/06/saving-12-million-kids.html

Times of India ( 10 Oct 2017 )

“ Govt okays Rs 2,000 cr to set up Aadhar centres in post offices “

My View :

FDI in Post Office ? [ 11 July 2015 ]

https://myblogepage.blogspot.com/2015/07/fdi-in-india-post.html

Economic Times ( 06 Oct 2017 )

“ Commission Not Fully Ready Yet for Simultaneous Polls : Officials “

DNA ( 09 Oct 2017 )

“ Parties need to be on board for simultaneous polls : EC

Economic Times ( 30 Sept 2017 )

“ Counting costs and KURTA–TAILS “ { Article by Vikram Doctor and Aanchal Bansal }

Times of India ( 13 Oct 2017 )

“ Case for Simultaneous Elections “ ( Shri M Thambi Durai / Dy Speaker , Lok Sabha )

My View :

OneDay Polling is possible [ 31 March 2016 ]

https://myblogepage.blogspot.com/2016/03/one-day-polling-is-possible.html

One Poll : One Time [ 06 Sept 2016 ]

https://myblogepage.blogspot.com/2016/09/one-poll-one-time.html

Simultaneous Elections : What do you think ? [ 09 Sept 2016 ]

https://myblogepage.blogspot.com/2016/09/simultaneous-elections-what-do-you-think.html

One Nation , One Vote ? [ 29 Nov 2016 ]

https://myblogepage.blogspot.com/2016/11/one-nation-one-vote.html

Reforming Elections and Lok Sabha ( REAL ) - [ 20 Dec 2016 ]

https://myblogepage.blogspot.com/2016/12/reforming-elections-and-lok-sabha-real.html

Indian Express ( 06 Oct 2017 )

“ Prasad : Govt is working on regulatory framework for E-Commerce companies “

My View :

Defining E Commerce [ 14 July 2015 ]

https://myblogepage.blogspot.com/2015/07/defining-e-commerce.html

Ifyou cannot lick them , join them ! [ 24 July 2015 ]

https://myblogepage.blogspot.com/2015/07/if-you-cannot-lick-them-join-them.html

Who will obsolete Whom ? [ 20 Aug 2015 ]

https://myblogepage.blogspot.com/2015/08/who-will-obsolete-whom.html

E Commerce is Easy Commerce [ 15 Nov 2015 ]

https://myblogepage.blogspot.com/2015/11/e-commerce-is-easy-commerce.html

Lessons from History ? [ 07 Jan 2016 ]

https://myblogepage.blogspot.com/2016/01/lessons-from-history.html

One day ,Everything will sell On-line ! [ 29 March 2016 ]

https://myblogepage.blogspot.com/2016/03/one-day-everything-will-sell-online.html

Missing the Wood for the Tree ? [ 12 Aug 2016 ]

https://myblogepage.blogspot.com/2016/08/missing-woods-for-tree.html

Business Line ( 02 Oct 2017 )

Designing a Demand Stimulus { Ashima Goyal – Member PM – EAC }

DNA ( 27 Sept 2017 )

Will a fiscal stimulus work wonders for Indian Economy ? { Dr Sanjiv Bhatia }

Indian Express ( 17 Oct 2017 )

“ Niti Vice Chairman : Do see a case for fiscal stimulus “

My View :

Biggest problem with ZERO TAX [ 02 Oct 2017 ]

https://myblogepage.blogspot.com/2017/10/biggest-problem-with-zero-tax.html

What would happen ? [ 28 Sept 2017 ]

https://myblogepage.blogspot.com/2017/09/what-would-happen.html

Hindustan Times ( 18 Sept 2017 )

“ Public Investment set to get a leg-up in the Budget “ / What Next ? Govt eyes aggressive fiscal push following slump in GDP growth “

Economic Times ( 18 Sept 2017 )

“ Prabhu may seek Investment Pledge from 30 Indian Cos “

Economic Times ( 05 Oct 2017 )

Crack Open That Piggy Bank ( Mohan Guruswamy / Centre for Policy Alternatives )

My View :

Don’t Ask , “ How “ ? [ 07 April 2014 ]

https://myblogepage.blogspot.com/2014/04/dont-ask-how.html

Time is NOW ! [ 02 Feb 2016 ]

https://myblogepage.blogspot.com/2016/02/time-is-now.html

Innovative Financing ? [ 06 March 2017 ]

https://myblogepage.blogspot.com/2017/03/innovative-financing.html

How to raise $ 500 Billion [ 17 Sept 2017 ]

https://myblogepage.blogspot.com/2017/09/how-to-raise-500-billion.html

Indonesia Shows the Way [ 23 Dec 2016 ]

https://myblogepage.blogspot.com/2016/12/indonesia-shows-way.html

Economic Times ( 28 Sept 2017 )

“ Centre , States to Fill Up 2 million Vacancies “

DNA ( 18 Oct 2017 )

“ Against job reservations in private sector , says Niti VC

My View :

Mythof Job Creation ! [ 13 Sept 2015 ]

https://myblogepage.blogspot.com/2015/09/myth-of-job-creation.html

No Interviews for B – C – D ? [ 25 Oct 2015 ]

https://myblogepage.blogspot.com/2015/10/no-interviews-for-b-c-d.html

Have a Degree : Will Sweep ! [ 22 Jan 2016 ]

https://myblogepage.blogspot.com/2016/01/have-degree-will-sweep.html

Hindustan Times ( 19 Oct 2017 )

“ Cycle Track likely in your area soon / Civic Chief asks all 24 ward officers to identify roads that can be used to create dedicated cycling tracks “

My View :

A Sensible Solution [ 03 Sept 2017 ]

https://myblogepage.blogspot.com/2017/09/a-sensible-solution.html

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Hindustan Times ( 20 Oct 2017 )

“ A shield for domestic help ( Editorial ) “

My Views :

Maidin India ? [ 10 Aug 2015 ]

https://myblogepage.blogspot.com/2015/08/maid-in-india.html

Times of India ( 19 Oct 2017 )

PMs don’t enjoy absolute authority in coalition govts ( Shri Pranab Mukherjee )

My Suggestion :

A Constitutional Coalition Government ? [ 02 Oct 2016 ]

https://myblogepage.blogspot.com/2016/10/a-constitutional-coalition-government.html

Constitutional Coalition Aftershocks ! [ 02 Oct 2016 ]

https://myblogepage.blogspot.com/2016/10/constitutional-coalition-aftershocks.html

Presidential or Coalition Government ? [ 25 March 2016 ]

https://myblogepage.blogspot.com/2017/03/presidential-or-coalition-government.html

Revolution Through Coalition Government ? [ 27 Sept 2017 ]

https://myblogepage.blogspot.com/2017/09/revolution-through-coalition-government.html

Why can’t we institutionalize Coalition ? [ 29 Sept 2017 ]

https://myblogepage.blogspot.com/2017/09/why-cant-we-institutionalize-coalition.html

Economic Times ( 12 Oct 2017 )

“ Renewable Energy Tariffs will fall further , says Secy “

My View :

Solar Power at Rs 1 per Kwh ? [ 29 Jan 2017 ]

https://myblogepage.blogspot.com/2017/01/solar-power-at-rs-1-per-kwh.html

SUN is THE SOLUTION [ 13 Sept 2016 ]

https://myblogepage.blogspot.com/2016/09/sun-is-solution.html

Unlimited Power : and round the clock ? [ 29 July 2016 ]

https://myblogepage.blogspot.com/2016/07/unlimited-power-and-round-clock.html

Economic Times ( 17 Oct 2017 )

“ A Rs 1.2 Lakh*Crore Social Security Plan for Poorest 20 % “

My View :

Three Sides of the Triangle [ 28 Aug 2017 ]

https://myblogepage.blogspot.com/2017/08/three-sides-of-triangle.html

Times of India ( 17 Oct 2017 )

“ Bank details of Indians for sale online for Rs 500 : MP Cyber Police “

My View :

www.PrivacyForSale.com [ 26 Aug 2017 ]

https://myblogepage.blogspot.com/2017/08/wwwprivacyforsalecom.html

A Fool’s Paradise ? ( 29 Aug 2017 )

https://myblogepage.blogspot.com/2017/08/a-fools-paradise.html

Times of India ( 17 Oct 2017 )

“ More cos use Aadhar to verify new hires “

My View :

From BAD to MAD [ 01 June 2016 ]

https://myblogepage.blogspot.com/2016/06/from-bad-to-mad.html

=======================================================

Economic Times ( 16 Oct 2016 )

“ Led by Chinese , Investors to pour $ 85 Billion into India “

600 odd Cos plan big investments ; to create 700,000 jobs over 5 years “

My View :

This works out to an investment of approx. Rs 79 Lakh to create ONE JOB !

For further view, read :

Who is Clueless ? [ 16 July 2017 ]

https://myblogepage.blogspot.com/2017/07/who-is-clueless.html

Economic Times ( 16 Oct 2017 )

“ Bank recap plan to be finalized by Dec “

My View :

Bank Recapitalization ? ( 23 June 2015 )

https://myblogepage.blogspot.com/2015/06/bank-recapitalization.html

Economic Times ( 29 Sept 2017 )

“ CBDT opens Checking A/C on Rs 3 Lakh*Crore deposits “

Apex body chief tells tax officers to target unexplained deposits after demonetization “

My View :

IT Notice : What will it say ? [ 06 Jan 2017 ]

https://myblogepage.blogspot.com/2017/01/it-notice-what-will-it-say.html

Economic Times ( 27 Sept 2017 )

“ States will have to compete for central Projects “

PM approves Niti Aayog’s proposal to award projects to states based on ‘ Challenge Method ‘

My View :

One Infrastructure SPV ? More will follow [ 20 March 2017 ]

https://myblogepage.blogspot.com/2017/03/one-infrastructure-spv-more-will-follow.html

“ Scheme B “ in :

" NOT - SO - SMART " CITIES ? [ 05 Sept 2016 ]

https://myblogepage.blogspot.com/2016/09/not-so-smart-cities.html

DNA ( 22 Sept 2017 )

India requires out-of-the box thinking on Tax Reforms ( Dr Sanjiv Bhatia )

My View :

· Jan Dhan Sarjan Yojana [ 31 Aug 2015 ]

https://myblogepage.blogspot.com/2015_08_01_archive.html

· A Virtuous Circle ? [ 04 Jan 2015 ]

https://myblogepage.blogspot.com/2015_01_01_archive.html

· A case for ZERO personal income tax [ 11 Nov 2014 ]

https://myblogepage.blogspot.com/2014/11/a-case-for-zero-personal-income-tax.html

· Central Budget - 2014 [ 07 July 2014 ]

https://myblogepage.blogspot.com/2014/07/central-2014-dear-shri-arun-jaitleyji.html

· To Be or Not to Be ? [ 17 April 2014 ]

https://myblogepage.blogspot.com/2014/04/to-be-or-not-to-be.html

· Create Wealth to create Jobs [ 26 Feb 2014 ]

https://myblogepage.blogspot.com/2014/02/create-wealth-to-create-jobs.html

· Magic Wand [ 09 June 2011 ]

https://myblogepage.blogspot.in/2011/06/magic-wand.html

· WHAT NEXT ? UNDISCLOSED INDIAN ASSETS ? [ 18 Sept 2015 ]

https://myblogepage.blogspot.com/2015/09/what-next-undisclosed-indian-assets.html

· Treading the Beaten Path [ 25 Sept 2015 ]

https://myblogepage.blogspot.com/2015/09/treading-beaten-path.html

FROM GREED TO GREAT ? [ 01 Oct 2015 ]

https://myblogepage.blogspot.com/2015/10/from-greed-to-great.html

Indian Express ( 24 Oct 2017 )

“ Pay Farmers 50 % more than cost of production , says NCP Chief “

My View :

A Different Kind of UFO ? [ 22 Sept 2017 ]

https://myblogepage.blogspot.com/2017/09/a-different-kind-of-ufo.html

Saturday, 21 October 2017

Thus spake Xi Jinping !

- at the 19^th Congress of the Communist Party

{ Sources : Times of India - Economic Times / / 19 Oct 2017 }

======================================================

# The country’s rapid progress under “ socialism with Chinese characteristics “ shows there is “ a new choice for other countries “

# The Chinese model of growth under the Communist rule is “ flourishing “ and has given “ a new choice “ to other developing countries

# China has now “ become a great power in the World “ and played “ an important role in the history of mankind “

# I would not copy foreign political systems and the party must oppose anything that would undermine its leadership of China

# China will deepen economic and financial reforms and further open its markets to foreign investors as it looks to move from high speed to high quality growth

# China will push ahead with market-oriented reforms of its foreign exchange rate as well as its financial system and let the market play a decisive role in the allocation of resources

# China’s open door will not be closed, it will be only be opened wider

# The Government will clean up rules and practices that hinder a unified market and fair competition , support development of private firms and stimulate vitality of all types of market entities

# We will introduce measures to increase party discipline and crack- down on corruption

# On the matter of convincing the people about the Communist Party’s preeminent role in improving the lives of the general public :

“ Not only have their material and cultural needs grown, demands for democracy, rule of law, fairness and justice, security, and a better environment , are also increasing each day “

# A political system cannot be criticised abstractly without consideration for social and political circumstances, and historical cultural traditions. It cannot look up to one man as the highest authority or blindly copy foreign political systems without regard for specific conditions

# The key is to convince the people about the need for socialism and the Communist Party

# Only with Socialism can we save China ; only with reform and opening up , can we develop China

# The time has come for the party to get rid “ out-dated thinking “ and get ready for “ ideological innovations “ to keep pace with the changing times

# As socialism with Chinese characteristics enters a new era, the party must apply new approaches . To forge iron, one first needs to get strong

# A party and its authority rest on winning the hearts and minds of the people . What the public opposes and hates , we must address and resolve

# The Communist Cadre must overcome vices, including “ pleasure seeking , inaction, sloth and problem avoidance

# Achieving national rejuvenation will be no walk in the park

# Our bold long-term goals for China’s development are :

· “ Basically modernized “ Socialist country by 2035

· “ Modern Socialist Strong Power “ with leading influence on the world stage, by

2050, matching the US in terms of economic development

=======================================================

Some of these are also the thoughts that Shri Narendra Modiji has been repeatedly voicing to the BJP cadre and the BJP netas over the past 40 months , since coming to power at the centre

But Shri Modiji does not have the force of the “ One Party “ Chinese Political System ( Capitalistic Communism or Communistic Capitalism ? ) to back him up !

Not that he would ever , even want it , being deeply steeped in the ancient Indian philosophy of discussions / debate / dissent / disagreement !

But that does not mean that we in India , cannot come up with our own home-grown version of a unique Political System of governance , which may become “ a new choice to other developing countries “ , who too cherish multi-party democratic pluralism

I urge leaders of all political parties in India to come forward and support my suggestion of a National Coalition Government , as described in following blogs :

A Constitutional Coalition Government ? [ 02 Oct 2016 ]

https://myblogepage.blogspot.com/2016/10/a-constitutional-coalition-government.html

=======================================================

Constitutional Coalition Aftershocks! [ 02 Oct 2016 ]

https://myblogepage.blogspot.com/2016/10/constitutional-coalition-aftershocks.html

====================================================

Presidential or Coalition Government ? [ 25 March 2017 ]

https://myblogepage.blogspot.com/2017/03/presidential-or-coalition-government.html

=============================================================================

RevolutionThrough Coalition Government ? [ 27 Sept 2017 ]

https://myblogepage.blogspot.com/2017/09/revolution-through-coalition-government.html

=======================================================

Whycan’t we institutionalize Coalition ? [ 29 Sept 2017 ]

https://myblogepage.blogspot.com/2017/09/why-cant-we-institutionalize-coalition.html

=======================================================

22 Oct 2017

www.hemenparekh.in / blogs

Robots picking Stocks ?

You would not be surprised if you had read my following blog :

A Matterof Time [ 03 Jan 2017 ]

https://myblogepage.blogspot.com/2017/01/a-matter-of-time.html

where I wrote :

So just wait to find out which Mobile Wallet comes up with the following " innovations " FIRST :

* All bank accounts of a person ( in different banks ) become inter- operable / fungible ,

through seamless interlinking , using Aadhar / UPI Interface in a Mobile Wallet

No need to " select " a particular bank name

=================================

[ Following news report confirm that the “ Interoperability “ which I predicted in Jan

2017 , has finally arrived :

Interoperable mobile wallets in 6 months: RBI ( Oct 12 , 2017 )

· http://www.livemint.com/Industry/lOITgGgnJLidZJU5m0IMbP/Interoperable-mobile-wallets-in-six-months-RBI.html

https://inc42.com/buzz/rbi-interoperability-mobile-wallets/ ]

================================================

* All transactions using a Mobile Wallet, automatically entered in BLOCK-

CHAIN database commonly shared by ALL banks

* Wallet based algorithm will move funds across different bank accounts for best yield ,

constantly searching for best interest rates offered by banks on Fixed Deposits

This will happen automatically , much like algorithm-based share trading , taking

advantage of price differences in two bourses located 300 km apart ( in one

thousandths of a second ! )

No rocket science here considering availability of " BEST PRICE " apps for thousands of

goods and services

And since computing power of mobiles are doubling every 18 months ( Moore's Law ),

nothing will stop algo-trading through a Mobile Wallet as well ( Demat A/C on Wallet ? )

So , the expected has come about !

Here is the full news report ( Mumbai Mirror / 19 Oct 2017 )

The AI powered Equity Exchange-Traded Fund, which launched in the United States on Wednesday, will use IBM’s Watson artificial intelligence technology to pick several dozen stocks with potential to beat the market, the fund’s backers say.

The actively managed fund chooses stocks based on a set of rules that have been created by EquBot that uses artificial intelligence to analyse up to 10 years of data on thousands of stocks, including market sentiment, regulatory filings, news articles and social media posts.

It ranks each company based on the forecasted probability that each will profit from current economic conditions and world events.

“There has been an explosion of information,” Art Amador, co-founder of EquBot, said in an interview.

The explosion of data from the internet and elsewhere needs to be processed objectively, he said. “Humans do not have the capacity or the retention rate to do that.”

AI involves computers combing through troves of raw data to recognise patterns and predict outcomes, and joins a set of technologies displacing traditional – human – equity analysis.

Index-tracking ETFs have grown popular for letting investors trade entire markets as easily as a single stock, with no research necessary.

Even investors hoping to beat the market have increasingly turned to algorithms to pick stocks with attractive prospects.

EquBot that uses artificial intelligence to analyse up to 10 years of data on thousands of stocks, including market sentiment, regulatory filings, news articles and social media posts

21 Oct 2017

www.hemenparekh.in / blogs