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

Monday 29 July 2019

Electric Vehicles : A Work in Progress ?





As far as EVs are concerned, some “ cautious “ reforms are being undertaken as can be seen from following news :





A good beginning but  small and hesitating !


From one of my earlier email to Cabinet Ministers , I summarize the reforms that are essential for our EV dream to materialize – with least possible disruption to the Buyers / Manufacturers :




What would you recommend next ?

FAME  III  (  Apr  22  -  Mar 26  ) – 4 years



[ A ]….. MANUFACTURERS


( A.1 )   Policy Instrument >  Corporate Income Tax  for  Incentivizing the manufacturers of
            Batteries


( A.2 )  Abolish Corporate Income Tax ( for 10 years ) for the entire E Mobility Eco-System

( A.3 )  Incentivizing the E Vehicle manufacturers



( A.4 )   Dis-incentivize manufacturers for production of Petrol / Diesel vehicles


( A.5 )  Incentivizing manufacturers to get into the “ Recycling of Old Vehicles “



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

[  B  ]   BUYERS



( B.1 )  Incentivize for purchase of E Vehicles – especially, leasing of buses


( B.2 )  Incentivize Retro-fitting of old Petrol / Diesel vehicles 

           ( those which are non-compliant with BS VI norms )



( B.3 )  Incentivize to switch-over to E Bikes



( B.4 )  Policy Instrument  >  Taxing all Vehicles based on their “ Harm Quotient “ for

           environment



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

[  C  ]   GOVERNMENT

 


( C.1 )  Policy Instrument  >   Wet Leasing  [  Thank You , Shri Jaitleyji  / 25  Dec  2018  ]

 

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



[   D  ]  PASSENGERS OF  PUBLIC  TRANSPORT ( Non-Vehicle Owners )

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

[  E  ]   SOLAR  POWER  for  ELECTRIC  VEHICLES


            Policy  Instrument  >  Amendment to Electricity Act


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

FAME  IV  [  April  2026 – March 2030  ]  -  4  YEARS


At the end of FAME II /  FAME  III  ( 3 + 4 = 7  years  ) , government must focus its attention and efforts on finding and implementing, long term solutions .


 Solutions which are aimed at “ Reducing Vehicles “ of all kinds from roads, by “ Reducing Need to Travel “

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

Details of each of the above-mentioned reforms can be found at :


 1 )  EV juice from Alu-Air Battery ?                            [  16  Jan 2018 ]

 2)  Ashok Leyland is not waiting !                             [  17  Jan 2018  ]
 3)  Holy Grail for Electric Vehicles                             [  17 Feb 2018  ]

 4 ) Congratulations , Shri GopuKumarji                       [  30  Jan  2019  ]

 

  5 ) Ray , a drop of golden Sun                                    [  18  Feb  2019  ]



  6 ) A New Battery Could Store Ten Times the Power as Lithium-Ion  

  7 ) PiĆ«ch's electric coupe charges to 80 percent in five minutes



 8 ) From OLD to NEW ? No , go NEWER !                     [  22  Sept  2016  ]

 

 9 ) For EV , Andhra gets an A                                      [ 25  Dec  2017  ]

 

 10 )  NITI proposes : SIAM postpones                            [  20  Dec  2017  ]

 

  11 ) India : Energy Storage Mission                               [  04  Dec  2017  ]

 

 12 ) #Solarcar #Electriccar                                              [  07  Nov   2017   ]

 

  13 ) Holy Grail for Electric Vehicles                                    [  17  Feb  2018  ]

 

  14 ) #ISRO #MSME #ElectricVehicle                                   [  13  Nov  2017  ]

 

  15 ) EESL : Getting Away from Straitjacket ?                      [  26   Aug   2018   ]

 

  16 )   Solar Panels charging Li-ion Batteries of Electric Cars ?   [   04  May   2017  ]

 


  17 ) PIYUSH PLAN ?                                                             [  27  Mar  2016  ]

 

 18 ) Gathering Speed at Snail’s Pace ?                     [  02  Oct  2018  ]



 19 ) Car Grave-Yard of World ?                                [  14  Feb  2018   ]



 20 ) #EV #ElectricVehicles #EESL #WetLease           [  13  May  2018  ]



  21 ) SIAM seeks SOPS                                            [  27  Dec   2017  ]



22 )  Missing piece of Jigsaw Puzzle ?   /                       [ 15  Nov  2018  ]



  23 ) A Radical Radial Revolution !                               18  Aug  2016 ]




 25 ) Making Yourself Obsolete ?                                [   14  Feb  2016  ]



 26 ) Not Good Enough !                                            02  Dec  2017  ]



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

29  July  2019

Rsvp :  hcp@RecruitGuru.com


Saturday 27 July 2019

Trying to unravel the Gordian Knot ?





Today’s Eco Times carries following news :





Fresh talks likely as most departments express concerns over provisions; only Indian experts to be involved.

Highlights :

“There is wide divergence on the proposed bill,” one of them said. “Most ministries have expressed concerns and want a thorough examination.” 


The IT ministry will again hold consultations on the bill with representatives of civil society, tech industry executives, lawyers and scientists to seek their views 


“However, all the members will be Indians who will discuss how to guarantee privacy of Indian users.


The consultations will not have any representation from any of the global tech giants or anyone representing any foreign interest, 

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

As a “ Representative of civil society “, so far , I have  sent more than 40 emails to Cabinet Ministers / NITI Aayog etc , some of which are listed below :

Privacy ? Perish the Thought !                                 [ 18  July  2017  ]



PrivacyForSale                                                     [  26  Aug  2017  ]



7  Pillars  of  Data  Protection  Law                          [  27 Nov 2017 ]





                                      [  20 Mar 2018 ]



Trade  Off  :   Privacy  vs  LiveEasy  ?                     [ 25 Mar 2018 ]



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

=====
27  July  2019
Rsvp :  hcp@RecruitGuru.com




Tuesday 23 July 2019

Cash Deposit Machine [ ATR = ATM V 2.0 ]




Congratulations,



Harihar Subramanian,

Everest Palraj,

S Venkatesh


{  all from Life Tel  }





For developing Cash Deposit Machine [ CDM ], as reported in :



Extract :


A Chennai-based start-up, Life Tel Communication, has come out with a cash-deposit machine (CDM) that accepts cash from customers of all banks.


If you have an account in bank ‘A’, you cannot deposit cash in another bank’s CDM. You can do that only in the CDM of bank ‘A’.


This is really a hurdle for people in many locations, particularly in rural areas, where customers may not have their bank’s branch in close proximity. 


Life Tel’s new CDM promises to remove this hurdle


“I think this is the first time in the country a CDM has come up with these kind of features. Our machine can be installed in any place in the country. It will be really useful in places where cash transactions are very high,” he said.


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


And this is how Life Tel web site describes CDM :



Cash Deposit For Any Bank Account


  Investor will get a minimum charges from the user compared to other kiosks

  For making cash deposit for all the banks and as far as the RBI approval concerned, we have got an API from a bank through which the interbank transfer will happen.


 we are very keen on the sensor to read the new notes introduced by RBI. All the necessary steps are taken every now and then and update our systems accordingly

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


Some 3 years back , I emailed to Cabinet Ministers,  as follows :



Don't Expect This in Budget  …………………………….[  28  Feb  2016  ]




MY  SUGGESTION  :


*  Come out with ATM V 2.0 ( call it , " Automatic Taker Machine " ? )


*  Install one in every bank branch and at 145,000 post offices ( India Post's Payment Banks )


ATM V 2.0 does  NOT  " dispense" cash .  It only " accepts " cash  !


*  Cash depositor will enter personal details ( Aadhar No / Jan Dhan Bank A/C No etc ) and amount being deposited


*  ATM V 2.0 will count the cash ( much like currently used CASH COUNTERS at most bank branches )


*  It will print out a RECEIPT , giving full details


*  All ATMs ( V 2.0 ) will be inter-connected in a Network having a CENTRAL server


All cash deposited ( by every user ) will be used for Infrastructure SPV


*  Depositor will earn annual interest @ 5 % on CASH deposited ( Receipt wise )


*  Cash Receipts can be en-cashed upon maturity of 10 years ( like FIXED DEPOSIT receipts )


*  Interest will be TAX FREE and get directly deposited in depositor's Jan Dhan Bank A/c


No questions ( as to the source of the cash deposited ) will be asked ( Perpetual Amnesty Scheme )



I understand , Jan Dhan Yojana managed to garner deposits of approx Rs 30 thousand crores in 18 months


ATM V 2.0 , will bring back those Rs 34.4 lakh*crores of undisclosed assets that are lying in foreign banks ,


AND


Rs 340 lakh*crores of unaccounted BLACK MONEY lying in domestic bank lockers ( or locked up as gold / land )



In deep space , there are BLACK HOLES which suck in all matter . Even light cannot escape from a black hole


ATM V 2.0 will be our WHITE HOLES which will suck in all black money Indians have stashed anywhere  !


Let us use this INNOVATION , which is simply re-configuring  well-established and straight forward HW / SW !



Dear Shri Jaitleyji ,


There is no need to worry about how to raise revenue to fund those Infrastructure Projects to generate jobs


No need to widen tax net ( from 4 % to 23 % ) or borrow money from market or abroad


No need to announce in your budget speech this morning  ! No passing of any BILL in Rajya Sabha !

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

Dear Madam Sitharamanji,


To kick start the slowing economy , we need to pump in BILLIONS of dollars into our infrastructure projects



Sure, we can borrow some from abroad through Sovereign Bonds



But , surely, we don’t want to be like PIGS [ Portugal- Italy – Greece – Spain ] or Pakistan , which are reeling under Foregn Debt which they cannot repay !



I urge you to give a serious consideration to my suggestion



----------------------------------------------------------------------------------
24  July  2019


Rsvp :  hcp@RecruitGuru.com