Coaching Classes are Poaching IIT-ians

 

 

Article link:

 

India's Edtech Sector Hires IIT Graduates

 

Extract from the article:

 

The Indian Institutes of Technology (IITs) are witnessing a significant influx of graduates into the booming edtech sector. Over the past five years, several thousand IIT graduates have been employed, either from campus placements or laterally hired as teachers. The edtech industry offers these IIT alumni a generous starting salary ranging from 10-12 lakh per year, showcasing a clear career progression to a package of 60 lakh-1 crore annually.

 

 

With the edtech sector's rapid growth and its attraction for IIT graduates, this trend underscores a shifting landscape in the employment dynamics of highly skilled individuals in India. The integration of top-tier technical talent into the education technology domain not only enhances the quality of educational offerings but also elevates the sector's overall capabilities and competitiveness.

 

 

My Take:

 

A.    TWICE THE JOBS AT HALF THE SALARY?

 

 "In my blog post from 2013, I delved into the disparity in job creation and remuneration in India. The scenario posed a question similar to the one arising now with the edtech sector's hiring trends. Should organizations prioritize quantity over quality by offering reduced salaries to accommodate a higher number of employees, as seen in the case of State Bank of India's job vacancies?"

 

 

Brain Inc 2.0

 

"Reflecting on my 2022 blog post, where I discussed the cost advantage enjoyed by Indian tech firms in comparison to Western counterparts, the current scenario in the edtech sector echoes this disparity. The higher salaries offered by Indian edtech companies to IIT graduates in contrast to global norms highlight India's competitive edge in leveraging skilled manpower at relatively lower costs."

 

Call to Action:

 

To the Indian Institutes of Technology (IITs) and leading edtech companies: Embrace this symbiotic relationship between high-caliber IIT talent and the edtech sector by fostering innovation, collaboration, and continuous professional development opportunities to drive further advancements in India's education technology landscape.

 

With regards,

 

Hemen Parekh

 

www.My-Teacher.in  /  29  Dec  2024

Malnutrition : Not a Lok Sabha Priority

 

Article link:

PM Modi launches drive to combat malnutrition on Veer Bal Diwas

Extract from the article:

 

In a recent development, Prime Minister Modi has initiated the "Suposhit Gram Panchayat Abhiyan" to promote healthy living and address the issue of malnutrition. This program aims to combat malnutrition and encourage healthy practices within village communities.

 

By launching this initiative, PM Modi is emphasizing the importance of nutrition and well-being, especially among children and mothers. The scheme signifies a concerted effort to tackle the persistent challenge of malnutrition in India through a community-driven approach.

 

My Take:

Thank You Madam Maneka Gandhiji

 

"Reflecting on my past suggestions to address malnutrition, such as the implementation of a mobile app named "BANMALI" and proposing the concept of 'Neutra-Kid' energy bars, I am pleased to see initiatives like the Suposhit Gram Panchayat Abhiyan gaining momentum under PM Modi's leadership.

 

It underscores the importance of proactive measures in combating malnutrition and promoting a healthier society."

 

 I Look Forward to Die Happy

 

"As I reflect on the impact of my suggestions on saving 1.2 million kids, I am encouraged by the government's steps towards implementing nutrition schemes like Poshan Abhiyan.

 

The relentless efforts to address malnutrition and ensure a brighter future for our children are commendable and reflect a positive direction in our nation's development."

 

Call to Action:

 

To the Ministry of Women and Child Development and all stakeholders involved in the Suposhit Gram Panchayat Abhiyan, I urge you to continue the momentum and expand the reach of this initiative to effectively combat malnutrition across all regions. Let's work together to create a healthier and nourished future for our nation's children.

 

 

With regards,

 

Hemen Parekh

 

www.My-Teacher.in  /  29  Dec  2024

How About Abolishing ?

 

 

Article link:

 

Govt considers cutting personal income tax to lift consumption

 

 

Extract from the article: The Indian government is contemplating reducing personal income tax for individuals earning up to 1.5 million rupees annually as part of the upcoming Union Budget 2025. This potential tax cut aims to benefit the middle class and stimulate consumption in the sluggish economy. The final decision on this tax reduction proposal is expected closer to the budget announcement scheduled in February.

 

 

My Take:

 

Not Day Too Soon

 

"In my blog post from five years ago, I proposed a significant overhaul of the personal income tax structure, including reducing the highest slab rate to 25% from the existing 30%. This aligns with the current discussion on lowering taxes for specific income brackets, potentially empowering the middle class and encouraging spending."

 

 How Chinese Make Cheap

 

"Abolishing personal income tax, as discussed in a prior blog, could lead to a surge in household savings and productive investments. The idea of enhancing savings rates by eliminating income tax resonates with the current government's consideration of tax cuts to boost economic activities and increase consumer spending."

 

 

 The Rise of Robots

 

"As advocated in one of my recent blogs, the total elimination of personal income tax could provide individuals with substantial disposable income, potentially driving up consumption levels. This increase in consumption, as highlighted in the current tax cut proposal, could fuel economic growth and job creation."

 

 

Call to Action:

 

To the Indian Government:

 

Consider the long-term economic benefits of reducing personal income tax rates for the targeted income group and ensure that the proposed tax cuts effectively stimulate consumption and contribute to overall economic recovery.

 

 

With regards,

 

Hemen Parekh

 

www.My-Teacher.in  /  29  dec  2024

e-Rupee : Treading so softly

 

 

Article link:

 

RBI to test CBDC by crediting a portion of allowances to its officers' digital wallets

 

 

Extract from the article:

The Reserve Bank of India (RBI) is set to delve into the realm of Central Bank Digital Currency (CBDC) through a unique approach. By initiating a trial run with its own officials, the central bank plans to credit a fraction of the allowances it disburses directly to the digital wallets of RBI officers. This move signifies a practical step toward exploring the prospects and functionality of a CBDC within the official ecosystem.

 

This innovative strategy allows the RBI to closely monitor and evaluate the impact of a CBDC in a controlled environment before potential wider implementation. By involving its officers in this trial phase, the central bank aims to gain valuable insights into the practicality, usability, and acceptance of a digital currency system within its operational framework.

 

 

My Take:

 

 A. e-Rupee or IndiaBit: a Rose by Any Other Name?

In my earlier blog post, I discussed the concept of RBI's Central Bank Digital Currency (CBDC) and its potential implications. The current initiative by the RBI to experiment with CBDC by crediting allowances to its officers' digital wallets aligns closely with the need to explore practical implementations. This approach reinforces the importance of gradually introducing digital currency systems within established structures for a smooth transition to a digital economy.

 

 

B. CBDC: Slow and Steady

The phased implementation approach for RBI's digital currency highlighted in a previous blog post resonates well with the recent move to test CBDC with RBI officers. By progressing methodically through pilot phases for both wholesale and retail segments, the central bank demonstrates a strategic and cautious stance towards embracing digital currency. The ongoing efforts to integrate CBDC into the financial landscape reflect a well-thought-out strategy to adapt to evolving technology trends.

 

 

Call to Action:

 

To the Reserve Bank of India,

 

 I urge a transparent sharing of insights and learnings from the pilot test of CBDC with its officers. This information can serve as a valuable resource for financial institutions, policymakers, and the public to understand the implications and benefits of transitioning towards a digital currency ecosystem.

 

 

With regards,

Hemen Parekh

 

www.My-teacher.in  /  29  Dec  2024

Dear PM : Here is how to take Surya to Cities

Context :

PM asks officials to find ways apartment dwellers in cities can get benefit of rooftop solar scheme

 

Extract :

 

Pointing out that urban middle class families living in apartments are not getting the benefits of Surya Ghar Muft Bijli Yojna, Prime Minister Narendra Modi on Thursday asked officials to find ways out so that they can avail the scheme and cut down their electricity bills.

 

The PM was chairing the web-based PRAGATI meeting with all secretaries in the central govt and chief secretaries from states.

At present, people living in apartments can’t avail the scheme under which Centre provides subsidy of up to 40% of the cost of installing solar panels on rooftop as each individual beneficiary needs around 300 sq ft contiguous roof for generation of 300 units per month.

Sources said Modi told officials that there is a need to find a solution to this problem for achieving saturation of the ambitious scheme. They added that when officials suggested that the builders may get land for installation of the solar system, the PM said this was not practical in urban areas.

In an official release, the PMO said that Modi directed officials to enhance the capacity of installations of rooftops in the states and UTs by developing a quality vendor ecosystem. “He directed reducing the time required in the process, starting from demand generation to operationalisation of rooftop solar. He further directed states to adopt a saturation approach for villages, towns and cities in a phased manner,” the release said.

 

 

 

Dear PM :

 

Thank you for endorsing ( not having enough roof top area for all the tenants of multi-storied buildings of cities ) what I have repeatedly pointed out in some of my following emails

 

Please ask your officers to read following emails for solutions to this problem of not having sufficient roof area :

 

( A )  Co-Operative Methods of “ Generation – Distribution – Consumption “ of Solar Power

 

Ø  A Tale of Two States 

Ø  If you don’t obsolete yourself

Ø  Dawn of a Solar Economy : SETI

 

Ø  Congratulations , Mathew Samuel 

 

Ø  Co-operative Farming of Solar Power

 

Ø  Congratulations , Shri Saurabh Patelji

 

Ø  Surya Ghar Yojana : How to motivate DISCOMS 

 

Ø  Found : Missing piece of Jigsaw Puzzle

 

Ø  Harvesting Solar Power Through Cooperation

 

 

( B )  Technology based Solutions

 

 

Ø  Topmost Candidate for PLI ?

Ø  China is turning its buildings into solar panels: They will make the entire country photovoltaic

Ø  https://www.solarwindow.com/

Ø  How Spray-on Solar Panels Work

 

 

Dear PM :

 

All around us , there are working examples of CO-OPERATION , such as :

 

Ø  MONEY

 

            Bank Accounts are “ Co-operating “ with one another . One can have a Bank account in Bank A in

            Mumbai , and still be able to withdraw money from an ATM located in a Madurai branch of Bank B

 

Ø  FOOD

 

Government ( FCI ) is buying food grains from farmers ( Agri Produce Societies ), from all over the country and then distributing to PDS shops in all cities / villages ( One Card, One Ration )

 

Ø  TECHNICAL  MAGAZINES

 

A few days back , Govt announced a scheme whereby Scholars / Academicians / Students etc., will be able to “ access “ some 12,000 magazines / journals, through a SINGLE subscription

 

Ø  JOBS / EMPLOYMENT VACANCIES

 

            Govt is clubbing together numerous govt-owned JOB PORTALS into e-SHRAM portal , whereby ALL

            vacancies posted on any of these portals , is accessible by jobseekers and any resume hosted by any

             portal , is searchable by any Employer

 

Ø  EDUCATION

        

             Under New Education Policy – 2020 , students will be able to earn CREDITS in one college / University

             and be able to freely transfer it across the country, to another college / university . They will , even

             be able to take online courses ( from SWAYAM or proposed DIGITAL / VIRTUAL university ) and earn

             TRANSFERRABLE CREDITS

 

 

I am sure , there are many other examples of this kind of pooling resources for universal access / distribution

 

A few days ago , Shri Amit Shah ( Minister for Co-operatives ) launched 10,000 multipurpose agriculture / dairy cooperative societies . He said that Govt plan is to create 200,000 such cooperatives

 

I urge Shri Amitbhai to consider my suggestion and launch 100,000 SOLAR CO-OPERATIVE SOCIETIES , as suggested in my email >  A Tale of Two States 

 

Dear Amitbhai ,

 

Surya Ghar Yojana just cannot work in cities unless you proclaim :

 

A person can invest in a Cooperative Solar Farm in Kutch and use power generated in Mumbai ( with Credit Balance / Debit Balance )

 

There is no way you can unravel a GORDIAN KNOT . You have to just cut it with a sword

 

With regards,

 

Hemen Parekh

 

www.My-Teacher,in /  28 Dec 2024  

 

 

 

 

2017

 

( 1 )    Sun : Our Soul ( A New SOS )  …………………………………… 02 Jan 2017

( 2 )  Solar Power at Rs 1 per Kwh ?  .. ………………………..29 Jan 2017

 ( 3 )  How Cheap can it get ?  …………………………………….  14 Mar 2017

 ( 4 )  INDIA : the NEW LAND OF THE RISING SUN ?  .. 01 Apr 2017

( 5 )  Green Buildings ? Put Greed to Work !............... 05 June 2017

 ( 6 )  Roof Top Solar : Stuck at Plinth Level ? .. ……….13 July 2017

 ( 7 )  Sahaj Bijli Har Ghar Yojana  …………………………… 24 Sept 2017

( 8 )  Not Good Enough !                                         02  Dec  2017 

 ( 9 )  India Solar Policy : Too Little : Too Late ? .. …..18 Dec 2017

 ( 10 )   Unsustainable SRISTI ?................................ 22 Dec 2017

 

2018

( 11 )  Solar Power : Internal Rate of Return .. …………27 Jan 2018

( 12 )  Solar Roofs ? Why not ? ………………………………… 06 Feb 2018

( 13 )  Clean Power ?  ……………………………………………  16 Mar 2018

( 14 )  Roof Top Solar : Better Alternative  …………………. 24 May 2018

( 15 )  Is Sun setting on Solar ? ………………………………………. 20 Sept 2018

 

2019

( 16 )   Rooftop Solar : An Opportunity Lost ?.. …………………………..16 Dec 2019

 

2020

 

( 17 )  Appalled ! .. ……………………………………………………………………..26 Jan 2020

( 18 )  A Tale of Two States …………………………………………………….. 28 Oct 2020

( 19 )   Congratulations , Shri R K Singhji ………………………………. 19 Nov 2020

( 20 )    Reinvigorating Rooftop Solar Power ………………………….. 25 Nov 2020

( 21 )   Congratulations, Shri Vijaybhai Rupaniji, …………………….30 Dec 2020

( 22 )   Congratulations , Shri Saurabh Patelji ……………………….. 31 Dec 2020

 

2021

( 23 )   Carbon Finance through Carbon Credits ……………………… 12 Mar 2021

( 24 )   No Godfather for Rooftop Solar ?  ……………………………….. 01 June 2021

( 25 )   If you don’t obsolete yourself… ………………………………….24  Aug 2021

( 26 )  Vishwa Karma V 2.0 ?  ……………………………………………. 04 Nov 2021

( 27 )  Congratulations, Dr Harish Hiraniji …………………………. 13 Nov 2021

( 28 )   Manyachiwadi shows way to become Atm Nirbhar .. 16 Nov 2021

 

2022

( 29 ) Topmost Candidate for PLI ? ……………………………………… 19 Jan 2022

( 30 )   RKS liberates RTSP …………………………………………………… 23 Jan 2022

( 31 )  Dear Narendrabhai : Thanks for reminding ….. 04 Mar 2022

( 32 )   Mission Possible ( Failure is not an Option ).. . 31 Mar 2022

( 33 )   Gross Metering : a Cooperative Concept ? …… 16 May 2022

( 34 )    Thank You, Shri Bhupender Singh Yadavji .. …29 May 2022

( 35 )    Congratulations, Calicut Cooker-Walas .. ……..10 June 2022

( 36 )   My Solar Cooker dream about to materialise ?  07 July 2022

( 37 )  R K Singh : A Solomon come to Judgment …….. 01 Sept 2022

( 38 )  Modhera : From Sun Temple to Sun Village …….. 09 Oct 2022

( 39 )   Dear R K Singhji : This is YOUR chance …………… 01 Nov 2022

( 40 )  Dear Shri R K Singhji : Please Hurry ! ……………………. 17 Nov 2022

 

2023

( 41 )  Solar Cookers : Of course , but Delivery When ? ……. 03 Feb 2023

( 42 )  Kardinia - a warm / sunny Welcome ………………………… 25 May 2023

( 43 )  Co-operative Farming of Solar Power ……………….. 29 Oct 2023

( 44 )   Congratulations , Mathew Samuel  ………………….  09 Nov 2023

( 45 )   From Induction Stove to Solar Cookers……………. 10 Nov 2023

( 46 )   Roof Top Solar for a Single Apartment ? …………. 02 Dec 2023

( 47 )   Harvesting Solar Power Through Cooperation .. 30 Dec 2023

 

2024

 ( 48 )  Suryodaya Yojana … …………………………………………..28 Jan 2024

( 49 )  Unleashing, Electrifying, Roof Top Solar Power .. ………. 29 Jan 2024

( 50 )  Correction : Suryodaya Yojana  …………………………………… 01 Feb 2024

( 51 )  R K Singhji : Saluting a Revolutionary Reformer …………. 02 Feb 2024

( 52 )  Thanks, Shri Modiji – from 250 Million Families ……………. 03 Feb 2024

( 53 )  Found : Missing piece of Jigsaw Puzzle ………………………….. 05 Feb 2024

( 54 )  Surya Ghar : Missing the Wood for the Trees ? ……………… 15 Feb 2024

( 55 )  Surya Ghar Yojana : How to motivate DISCOMS ………… 15 Feb 2024

( 56 )  Nuclear or Solar ? Choice is clear …………………………….. 23 Feb 2024

( 57 )  Dr Murmuji : Your Opportunity Knocks ……………………. 25 Feb 2024

(  58  )   Surya Ghar Muft Bijlee : a 7 year journey ..  05 Mar 2024