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Friday 22 July 2016

IN WONDERLAND OF START-UPS

NDA government will hold a one day meeting on 23 July , to review the progress made by various States on encouraging Start Ups and to exchange notes on best practices being followed

This comes on the heels of an interview given by Shri Kris Gopalkrishnan ( ex - Infosys ) , where he gave out following statistics on the Start Up scenario , world-wide :

* Successful in achieving some kind of scale : 10 %

* Likely to survive ( struggling to exist ) : 20 %

* Likely to fail and wind up : 70 %

Read this in the background of the following news appearing in DNA ( 21 July , 2016 ) :

# For availing 3 year tax benefits , no of Start Ups which applied to DIPP till July 18, 2016............ 728

# Out of these, applicants who furnished the required documents and got recognized as Start Up.... 180

# Out of these, number which met the condition of being incorporated after 01 April 2016............... 16

# Out of these 16 , no of applicants who furnished all the required documents for tax exemption........ 3

# Out of these three , NEW business found eligible for tax exemption............................................... 1

No surprise here , if you read the above in the background of my 6 month old following blog :

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Wednesday, 20 January 2016

START UP RE-DEFINED

No doubt , you have read the definition of a Start Up in the Start Up Action Plan document

I have tried to envisage below, how that might look on that Mobile App for Registration :

* Is yours a Private Ltd Co / LLP / Partnership ?........................................... Yes / No

* Is your Company more than 5 years old ?....................................................Yes / No

* Is your Start Up formed by splitting an existing business ?............................ Yes / No

* In last 5 yrs, has your turnover exceeded Rs 25 Crores ?............................. Yes / No

* Is your product / service " DIFFERENTIATED " ?.......................................... Yes / No

* Is your product / service " COMMERCIAL " ?............................................... Yes / No

* Is your product / service " INNOVATIVE " ?................................................ Yes / No

* Is your product / service driven by ,

" TECHNOLOGY / INTELLECTUAL PROPERTY " ? ............................................Yes / No

* Is your product/service ,

" NEW / SIGNIFICANTLY IMPROVED " version " ?.................... ...................... Yes / No

* Does your product / service add " VALUE " to customers ?................................ Yes / No

* Does your product / service add " VALUE " to " WORKFLOW " ?......................... Yes / No

* Have you got CERTIFICATION from Inter-Ministerial Board ?............................ Yes / No

* Have you got RECOMMENDATION from Incubator in Post Grad Indian College ?.......Yes / No

MY TAKE :

# Each year 12 million persons join India's work force

# Of these , 3.5 million are Graduates

# Rest ( 8.5 million ) are 10th / 12th Standard pass or less

# No more than 1,000 persons will fulfill above mentioned " Eligibility Criteria " for Start Up

# There will be endless debates on the correct meaning of words in CAPITAL letters above !

WHY SUCH STRINGENT " ELIGIBILITY CRITERIA " ?

# At Rs 2.5 cr loan per Start Up, Govt Fund of Rs 2500 Cr can help only 1,000 Start Ups !

# Any relaxation in " eligibility criteria " , may result in MILLIONs of persons queue-up !

WHAT IS THE IMPLICATION ?

# Funds are just insufficient to help 12 million persons to become " Self Employed "

MY SUGGESTION :

In India , we are talking of getting " Unemployed " to launch " Start Ups "

Anywhere between 100 million to 400 million " Unemployed " for whom neither Public Sector nor Private Sector , is in any position to create jobs

We want them to become " Self Employed " - what Shri Narendra Modi described in USA , as our " PERSONAL SECTOR "

They are unlikely to launch technology driven , Web-based businesses , even if their businesses require them to have a Smart phone , on which , their customers can reach them

They aspire to become ( list can run into 200 trades ! ) :

* Street-side Vendors ( Vegetables / Shoes / Purses / Fruits / Trinkets )

* Craftsmen ( Plumber / Electrician / Carpenter / Repairer )

* Dhobi / Barber / Pan Beedi shop-owner / Tailor / Mochi

* Doodh-wala / Ruddi Paper-wala / Gajra-wala / Delivery Boy

* Cook / Maid / Courier / Tuition Teacher / Beautician / Taxi Driver

* Home-cooked Tiffin Service / Car wash / Gardening ......

How can we help millions of JOBLESS to set up such MICRO - BUSINESSES ?

By Government ( Central / State / Municipal ) getting out of their way !

HOW ?

* No licenses / permits / approvals / conditions / criteria

* Simple online registration on proposed Web site of DIPP for Start Ups

* No personal Income tax for individuals

* No Corporate Income tax for Start Ups for 10 years ( no chance of profit in first 3 years )

* Amnesty Scheme for enabling Rs 10 million*crores of BLACK MONEY to flow into such

Self Employment

It is still not too late for our Policy Makers will think " Out of Box " and implement :

www.hemenparekh.in > Blogs > A New Economic Order - Start Up Act - 2015

Anything less just won't make much of a difference !

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Incidentally , during April-June 2016, some 108 Start Ups got $ 401 million from VC funds( excluding 3 big deals )

( ave of $ 3.7 milion = Approx Rs 25 Crore = Rs 2500 lakhs , each )

Consider this in light of the fact that none of the " Self Employed " I mentioned above , would need more than Rs 1 Lakh each , to get into " Self Employment " on a footpath near you ! ( Fixed Capital + Working Capital )

That means , money given by VC to just ONE start up could have created 2500 " Self Employed " jobs !

But here is the real eye-opener , as far as these Self Employed is concerned !

* Successful in achieving some kind of scale : 0 %

* Likely to survive (and feeding a family of 4 ) : 100 %

* Likely to fail and wind up : 0 %

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22 July 2016

www.hemenparekh.in / blogs

hemen parekh

www.hemenparekh.in

Marol , Mumbai , India

hcp@RecruitGuru.com

( M ) +91 - 98,67,55,08,08

NEXT GENERATION OF JOB INTERVIEWS

Dear Friends :

I read this news-report ( about your venture ) in Economics Times ( 19 July ) - then visited your web site , where I noted the following comments :

# Kunal > I want to change the world , but they won't give me the Source Code

# Abhijit > Monjin will revolutionize the way people find people ( take a look at , ProjectForeCourt )

Congratulations for trying to offer a valuable service to , both the jobseekers and the employers

I have , myself been into Online Recruitment domain , for nearly 19 years , having launched www.3pjobs.com , on 14 Nov 1997 ( later re-born as ... www.3pConsultants.co.in )

In the following years , I launched and discontinued :

* www.RecruitGuru.com / www.World-Wide-Jobs.com / www.GlobalRecruiter.net / www.IndiaRecruiter.net

Of these , the last two are now partially revived ( but not functional )

The portal that is currently live is....www.CustomizeResume.com

I reproduce below , an email that I have recently sent to a few Online Job Portal Start-Ups

If you think I can help in any way , do not hesitate to phone / write

with regards,

hemen parekh

( click to view my profile )

www.hemenparekh.in

Marol , Mumbai , India

hcp@RecruitGuru.com

( M ) +91 - 98,67,55,08,08

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ALLOW ME TO SHARE

( By forwarding this mail to your Contacts or displaying it prominently , help make this an Open Source Movement like LINUX . YOU TOO CAN SHARE )

Dear Friend :

At the age of 83 , I feel inclined to share my experience / ten thousand pages of notes / source codes etc , in the area of Online Recruitment

Without any obligation , what-so-ever

Why ?

If we want to bring peace to our country , torn with conflicts / militancy , then we must cooperate / collaborate to find jobs ( or Self Employment ) for everyone

Jobs for All = Peace on Earth

My contribution is in the form of :

www.hemenparekh.in > Reports / Notes to Colleagues / World Wide Work

Notable among these are " Reports " on :

* ResumesExchange

* OnlineJobsFair

Apart from these , a few days back , we managed to revive , after lying dormant for 8 years ( re-host ) :

* www.GlobalRecruiter.net ( basically explaining a concept of cooperation

among job portals )

* www.IndiaRecruiter.net ( " Site Map " is the entrance to Treasure Island )

( some links are not working or slow to load , since database could not be connected ! )

Take a look .

Already 3 recently launched Start Up job portals have downloaded these SOURCE CODES

I have also uploaded on DropBox , source codes / databases for

* GlobalRecruiter / IndiaRecruiter , web sites

* RecruitGuru , web site

( a parsing engine to convert a text resume into structured database )

* Resume Rater , ( a Resume Rating tool )

If you wish to download any of these Source Codes ( from DropBox ) , write to me and I will send you the necessary links , hoping that you would improve upon these and , in turn , share with others ! No obligation !

In the next few days , I also plan to upload ( on DropBox ) , source codes for following mobile apps :

* My Jobs ( developed by HP but currently not supported )

* Resume Blaster ( working )

If desired , I can send you the download links for these as well

with regards,

hemen parekh ( Ex GM, Powai / L&T / 1979-87 )

( click to see my profile )

www.hemenparekh.in

Marol , Mumbai , India

(M) 0 - 98,67,55,08,08

hcp@RecruitGuru.com

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www.3pConsultants.co.in ( launched on 14 Nov 1997 )

www.StrategicHR.co.in

www.CustomizeResume.com

www.B2BmessageBlaster.com

360 Track

Dear Swapnil / Mayur :

I read about your mobile app ( 360 Track ) in DNA of 17th

Congratulations on coming up with an app which will find great interest among parents

How about taking up for your next development my following suggestion , which has tremendous potential

If there are any questions , do not hesitate to phone / write

with regards,

hemen parekh

( click to view my profile )

www.hemenparekh.in

Marol , Mumbai , India

hcp@RecruitGuru.com

( M ) +91 - 98,67,55,08,08

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Wednesday, 1 June 2016

From BAD to MAD

BAD = Biometric Attendance Device

MAD = Mobile Attendance Device

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Most people think the greatest contribution of Bill Gates ( onetime CEO of Microsoft ) was " MS Operating System "

I think , it was his book " Business @ the Speed of Thought "

Current CEO of Microsoft is a PIO named Satya Nadela

What is his contribution ?

What he said during his talk in Delhi on 30 May , called ,

" Tech for Good , Ideas for India " :

He cited the example of how NASA scientists were not able to see the Rover move on Mars but the holographic output of the Rover is right there in their office.

Nadella also met two young developers, one of them a 17-year-old who has figured out how to take data from NASA , conflate it with other information and see the spread of algae in Bay of Bengal. “Here’s a student who is taking information that is available, bringing it together—he wanted to have a real impact right here in terms of how we managed our climate,” he said.

Nadella wrapped up by summing Microsoft’s mission in India.

" It is about really celebrating the technologies that you all in India create. In fact, I want us to be the platform creators that foster the ingenuity of what is happening in India,” he said.

Here is my idea of a technology that we need to create for a better India :

Today Employee Attendance Systems in India work at three levels as follows :

# Entirely Manual

Attendance Register and Wage/Salary payment in cash or by Cheque

# Partly Automated

Punch cards or Bio-metric recording of attendance but manual calculation

of wages / salaries and payment by cash or cheque

# Fully Automated

Bio-metric Attendance Devices ( BAD ) , integrated with a home-grown or

bought-out Salary Payment Software , running on a local Server.

Salary payments could be by cheques or thru Electronic Transfer to

concerned employee's bank account

Once in a while , if a company has several establishments within a city , those local servers are connected to a Central Server , doing all processing

In a rare case ( although , I am not aware of any ) , it may be that all the local servers of all the establishments of a company , all over the country , are networked with its central computer in its head-quarter

Now imagine this :

# All smart phones to evolve as Bio-metric Attendance Devices , with built-in

Bio-metric Recorders , GPS , a mobile attendance App ( called MAD ? )

# App to have 2 buttons ( Green = IN / Red = OUT )

# Employee to touch IN upon reaching his work-station and touch OUT ,

while leaving work place , at the end of work-shift . That's all !

# Being GPS enabled , buttons will get activated ONLY when the employee

has reached the work place ( not while he is on his way ! )

# All 100 million establishments in India ( factories / offices / shops / clinics

NGOs / Govt Depts ) to ensure that the MAD app is installed on the smart

phone of each employee , when he joins

# All of these smart phones to be connected ( IoT ? ) , with the Servers of ,

* Labour Ministries ( Central and States )

* HRD Ministry ( Central )

* Skills Development Ministry / NSDC

* Finance Ministries ( Central + States )

* NITI Aayog

* Income Tax Department

* Any other server that you may want to

# MAD app is integrated with a STANDARD / COMMON , software system

for computing daily wages / monthly salaries of ALL the persons working

in those 100 million establishments ( whether they are casual /

contractual / trainee / apprentice / probationer / permanent / retained

# As each person joins in any of these establishments , data re that

person must be inputted by the Employer into the App , such as :

* Name / Contact Details / DOB / Aadhar Card No / Employee Number

( Each unique Employee Number will be auto-generated by the

common Salary Payment Software , running on IT Dept Server )

* Employee's Jandhan Yojana Bank Account Number for salary EC

* Employer's Jandhan bank account / Unique Employer Number

* Payment Mode ( Hourly / Daily / Monthly Rated , wages / salaries )

* Leave provisions / PF rate / TDS rate / Allowances / Reimbursements

* Any other relevant data ( either about employee of for employer )

WHAT ARE THE ADVANTAGES ?

# For employees , no need to file a separate annual Income Tax Return

# Direct deposit of PF / TDS amounts into bank accounts of Govt Depts

# Direct Benefit Transfer ( DBT ) to every Employer for Stipend Subsidy ,

based on number of total trainees / apprentices employed

# Total number of employees in India ( category / region / industry )

# Employment Density ( Industry wise / Region wise / Skill wise etc )

# Net Employment Growth Rate ( weekly - monthly / Industry-wise )

# Co-relation with no of persons graduating at various levels

# Data about those Unemployed ( " Graduating " less " Employed " )

# Overtime Statistics ( Use / Abuse )

# Work-hour Analysis ( Ave hours / week - month )

# Wage / Salary Rates ( Rs per hour ) - Industry wise / Region wise

( of great interest to Foreign Investors looking to bring down

manufacturing costs , by outsourcing to India / manufacturing in India )

# Compliance with labour laws / tax laws / Apprentice Act etc

# Job Market Forecasts through BIG DATA ANALYTIC ( region / industry )

# Demographic Profiles of employees ( Rural to Urban migration )

# Per Capita Income Growth for persons using MAD app ( MOM / YOY )

# Changing composition between Blue Collar and White Collar employees

Then there could be many other benefits not envisaged now

Here is an opportunity for :

* Manufacturers of Smart Phones

To shrink stationary / bulky / common , bio-metric devices to mobile /

small / personalized / hand-held devices

{ Remember ?

If you don't make yourself obsolete , someone else will }

* Tech Start Ups

To come up with the Mobile App ( MAD ) / Technology Platform

* NDA Government

To implement what Shri Narendra Modiji said on 15 July 2015 :

" If China is like a manufacturing factory of the World , India should

become the human resource capital of the World .

That should be our target and we should lay emphasis on that .

We should have a futuristic vision and prepare plans for the next ten years "

MAD could well be an important element of that " JAM PLAN " !

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02 June 2016

www.hemenparekh.in / blogs

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Make Yourself Heard

Dear Visitor :

It is time for YOU to speak up - and demand that YOU are heard

By emailing this suggestion - incorporating your OWN improvements - to the following Policy Makers

( Just multiple copy all the following Email IDs into the Recipient column of your Outlook and Copy / paste this suggestion in the Message Box ) :

narendramodi1234@gmail.com; 38ashokroad@gmail.com;ajaitley@del5.vsnl.net.in; jayant.sinha19@sansad.nic.in;piyush.goyal@gov.in;nitin.gadkari@nic.in; spprabhu1@rediffmail.com;bandaru@sansad.nic.in;smritizirani@nic.in;nsitharaman@nic.in; ravis@sansad.nic.in;sureshprabhu@irctc.co.in;prakash.j@sansad.nic.in;secy-ipp@nic.in; amitabh.kant@nic.in; shaktikanta.das@nic.in; rsecy@nic.in; adhia1981@gmail.com; ceo-niti@nic.in; atul-chaturvedi@nic.in; uma.bharati@sansad.nic.in; d.pradhan@sansad.nic.in; rprudy.office@gmail.com; rudypr@rediffmail.com; eam@mea.gov.in; mosvks@mea.gov.in; mvnaidu@sansad.nic.in; mnaqvi@sansad.nic.in; rao.inderjit@sansad.nic.in; mljoffice@gov.in; sadananda.gowda@sansad.nic.in; ministerminority@gov.in; najmah@sansad.nic.in; minister-ca@nic.in; ramvilas.paswan@sansad.nic.in; gandhim@sansad.nic.in; akumar-alpha@sansad.nic.in; jpnadda@sansad.nic.in; hm.moca@nic.in; geete@sansad.nic.in; simratbadal@yahoo.com; ns.tomar@nic.in; rmsingh@sansad.nic.in; tc.gehlot@sansad.nic.in; dr.harshvardhan@sansad.nic.in

Thursday 21 July 2016