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

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Saturday, 16 December 2017

Wake Up - You have arrived !



A few days back ,  following news headlines appeared :

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Google is about to launch a small but useful update to Google Maps that will give you live guidance and interactive real-time notifications during your journey.

The idea here is to give you real-time updates while you are on your transit journey.

 These updates will appear in the Google Maps app and, maybe most importantly, on your Android lock screen.

To get started, you search for your transit directions in Google Maps as usual.



So far, so good. What’s new here is that you’ll soon be able to tap a “start” button at the bottom the screen with the details about your transit journey and then get live updates as you walk or ride on your local buses and trains.



Our understanding is that Google Maps will even remind you to get off your bus or train when you get close to your stop. That’s definitely useful when you’re traveling somewhere new (or sleepy).

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To further enhance the safety of passengers, especially the women, digital monitors will be installed in cabs to keep a track of the route taken by the driver, a Delhi Transport department official said.



At present, many cabs have mobile phones with GPS navigators fitted on their dashboards through which the drivers check routes. However, the passengers on the back seat are unable to follow the navigation map.





Now, digital monitors will be fitted on the backside of the head rests through which passengers can follow the route.


"This is one of several safety measures that have been included in the City Taxi Scheme, for future cabs," he said.





I am glad , Google and Delhi Transport Department finally came around to implementing a few of the features that I had suggested in my following blogs :










17  Dec  2017



Friday, 15 December 2017

National Jobs Policy : Treasure Hunt



[ To find the treasure , click away on the links ]


News Report Source :  MoneyControl


National employment policy on the cards in budget 2018

 

The government in the next budget ( 1 ) might introduce a national employment policy ( 2 ) outlining a comprehensive blueprint ( 3 ) to generate quality jobs ( 4 ) in every industry.



Prompted by the risingunemployment ( 5 ) in the country, the government in the next budget might introduce a national employmentpolicy ( 6 ) outlining a comprehensive ( 7 ) blueprint to generate qualityjobs ( 8 ) in every industry.


The policy blueprint will be shaped by economic ( 9 ) , social ( 10 ) and labourpolicy ( 11 ) interventions, the Economic Times reported.


The policy is likely to be announced in the upcoming Budget, which will be the last one from the current Prime Minister Narendra Modi-led government before generalelections ( 12 ) in 2019.


The employmentpolicy ( 13 ) will have many sides and applications ( 14 ) .


It will incentivizeemployers ( 15 ) to createmore jobs ( 16 ) , introduce economicreforms ( 17 ) appealing to companies along with supporting the mediumand small scale industries ( 18 ) which provide a hugechunk of jobs ( 19 ) , a senior government official told ET.

·          

Over 10million youth ( 20 ) join the workforce ( 21 ) every year.


But there are notenough jobs ( 22 ) to engage them and thus, the unemploymentissue ( 23 ) has risen to the extent of electoralimportance ( 24 ) —used by oppositionparties ( 25 ) to attack the Modi-led government.


The jobgeneration ( 26 ) speed faced a six-year low in 2015 as only 135,000 new jobs were created compared to 421,000 jobs in 2014 and 419,000 in 2013, as per a quarterlyindustrial survey ( 27 ) conducted by the Labour Bureau under the labourministry ( 28 ) .


Another significant aim of the policy would be to engagemore workers ( 29 ) in the country’s organisedsector ( 30 ) because that would get them minimumwages ( 31 ) and  socialsecurity ( 32 ) , the government official told the newspaper.


The policy could actually be impactful in this regard as over 90 per cent of workers in India are engaged in the informalsector ( 33 ) and hence, does not benefit from any social security law or minimumwage ( 34 ) rule.


The government is closely assessing the labour conditions and employment trends ( 35 ) in the country in order to lay out specific targets ( 36 ) and set up a monitoring system ( 37 ) .



The things the government is looking at include demographiccomposition of workers ( 38 ) ,  employment challenges ( 39 ) in different sectors, and the overall macroeconomiccondition ( 40 ) .





Cross  Reference :


1)      Budget Suggest - 2017
7)      Ideas To Create Jobs
38)     From Bad To Mad
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16  Dec  2017


















  


















Thursday, 14 December 2017

Google, WhatsApp, BHIM ?




When it comes to Mobile Payment Wallets in India , who will win ?



For the moment it looks as if Google’s Tez ( launched in Sept 2017 ) might win this race



In less than 3 months since launch, its volume of transactions has totalled more than 140 million ( - more than 40 million per month – as compared to 8.2 million in Nov 2017 for BHIM , which got launched in Dec 2016  ! )



Tez seems to be on trajectory to implement what I have been recommending for last one year , viz:
Voice Activated Payment ( no need for any typing )



Google has already launched,

-           Google Messenger Google Action  Google  Assistant Google AI ,

- all of which can combine to enable a buyer and a seller to merely “ Speak “ to Tez .




No typing ANYTHING ( Aadhar Number / Bank Account Number / Password etc )


Everything cantered around Biometrics of : Iris / Finger / Voice / Face Recognition


A unbeatably SECURE and powerful combination of all !



Now, it is rumoured that WhatsApp is about to launch its own Mobile Payment App in India, cantered around its popular Messaging App , for which it has more than 200 million users in India




And apart from a VOICE message , I believe you can “ talk “ to WhatsApp for sending a text message  ! -  precisely what I have been suggesting



This will enable even illiterate , rural folks to be able to switch over to Digital Payments ( most will have a 4G phone , before long )



So , WhatsApp has a sporting chance to win the race !



Will BHIM come up last , despite massive promotion by the government ?



It is stuck on BHIM V 4.0   (  Bhim : theUnstoppable )





Reference Reading :













15  Dec  2017


  


Wednesday, 13 December 2017

Solar Power : GigaWatt or GigaFlop ?




Government has set a target of achieving installed capacity of 100 GW of solar power by 2022



Of this , by end June 2017 , we have reached 15 GW , leaving a balance of 85 GW to be achieved by 2022



In simple terms , this would amount to installing 85 GW in next 60 months ( 1.4 GW / month )



During second quarter ( June / July / Aug ) , only 2,505 MW of capacity was auctioned ( against tenders for 3,408 MW )



During third quarter ( Sept / Oct / Nov ) , only 1,232 MW of capacity was auctioned ( against tenders for 1,456 MW )



{  Source  :  Mercom Capital /  Times of India /  14  Dec  }



So , in past 6 months , we auctioned 3,737 MW ( 3.7 GW ) of solar power capacity ( against tenders for 4,864 MW - no idea how much got “ installed / commissioned  !  )



Whereas , to reach that 85 GW in 60 months , we should have “ installed “ , 8.5 GW in 6 months !



This trend is ominous !



But I believe , worst is in store !



Installing 1.5 GW per month requires a capital of $ 1.5 Billion ( Rs 10,000 Crore ) per month


Private sector just does not have,  either that kind of funds , or that kind of “ Risk Appetite



And with all the accumulated NPAs , banks are unlikely to fund ANY business venture , where its “ Selling Prices “ are dropping at 19 % per year  !



And where , State Discoms are renegading on already signed Power Purchase Agreements , and demanding renegotiation on lower prices !



( Read :





To know , what is the ONLY WAY OUT , read :







I hope it is not too late to copy the Indonesian Experiment !




14  Dec  2017