Some Cool Facts about India

1. India never invaded any country in her 5000 years of history
2. India invented the Number system. Zero was invented by Aryabhatta.
3. The world's first University was established in Takshila in 700BC. More than 10,500 students from all

   

   The ruins of Nalanda University in India where Xuanzang studied. (Photo credit: Wikipedia)

   over the world studied more than 60 subjects. The University of Nalanda built in the 4th century BC was one of the greatest achievements of ancient India in the field of education.
4. According to the Forbes magazine, Sanskrit is the most suitable language for computer software.
5. Ayurveda is the earliest school of medicine known to humans.
6. Although western media portray modern images of India as  poverty-stricken and underdeveloped through political corruption, India  was once the richest empire on earth
7. The art of navigation was born in the river Sindh 5000 years ago. The very word "Navigation" is derived from the Sanskrit word NAVGATIH.

Newspapers in India

Bennett, Coleman and Co. Ltd. Logo (Photo credit: Wikipedia)

A newspaper is a regularly scheduled publication containing news, information, and advertising.

Newspapers typically meet four criteria:-

Publicity: Its contents are reasonably accessible to the public.

Periodicity: It is published at regular intervals.

Currency: Its information is up to date.

Universality: It covers a range of topics.

Classification of Newspapers

Financial :- The Economic Times Business Standard Financial Express The Hindu Business Line Financial Chronicle Mint DNA Money

Mainlines :- The Times of India Hindustan Times DNA The Asian Age The Indian Express The Hindu Pioneer D.H. PBD

Tabloids :- Mid day Afternoon Dispatch and Courier Mumbai Mirror

The Economic Times

Taxi Fares Around The World

A Toyota Prius hybrid taxi in New York City. (Photo credit: Wikipedia)

According to Deutsche Bank's new report here are taxi fares across different cities in the world.

A 3 kilometre cab ride would cost you:

in Delhi costs you Rs 67 ...

in Mumbai costs you Rs 62

in Singapore costs you Rs 264

in Sao Paulo costs you Rs 370

in Frankfurt costs you Rs 563

in Berlin costs you Rs 750

in Auckland costs you Rs 588

in Paris costs you Rs 630

in Chicago costs you Rs 305

in Wellington costs you Rs 500

in Moscow costs you Rs 276

in Toronto costs you Rs 595

in San Fransisco costs you Rs 503

in New York City costs you Rs 516

in Melbourne costs you Rs 600

in London costs you Rs 713

in Sydney costs you Rs 660

in Tokyo costs you Rs 770

all fares are approximately because of currency conversion rates.

Important Labour And Factory Legislations In India - 1

Deutsch: Flagge der Internationale Arbeitsorganisation English: Flag of the International Labour Organization.  (Photo credit: Wikipedia)

Centered on the responsibility of a Factory Manager, Personnel/ HR Manager or self employed Entrepreneur.

Attention has not been made wherever the employer has nothing to do with the provisions but has only to follow the directions of the appropriate govt.

THE FACTORIES ACT, 1948

Act which makes it obligatory on the part of the employer to provide for the health, safety and welfare of the workers employed.

Act extends to the whole of India.

Applies to every factory wherein 10 or more workers are or were employed, if run with power and 20 or more workers are or were employed, if run without power.

Application to factories with fewer workers u/s 85

PROVIDES for

Hours of work (adult) not to exceed 48 hours in a week or 9 hours in a day.

        Relaxation: Where an adult worker is engaged in urgent repairs.

Important Labour And Factory Legislations In India - 2

English: Logo of the United States Department of Labor (Photo credit: Wikipedia)

May Day (International Labour Day) rally in Mumbai, India. (Photo credit: Wikipedia)

THE PAYMENT OF BONUS ACT, 1965

An Act to provide for the payment of Bonus to persons in certain establishments on the basis of profits, production or productivity.

Extends to the whole of India.

Applies to every establishment wherein 20 or more are employed

The Appropriate Govt. shall apply the Act to any other establishment, including a factory to which the Factories Act, 1948 applies, wherein less than 20 workers are employed provided the number of persons employed is not less than 10.

Eligibility to Bonus

employee whose salary/ wages does not exceed Rs 10000 per month

who has worked in the establishment for not less than 30 days

Not disqualified to claim bonus due to fraud, theft or any other misconduct

Bonus of very person drawing salary between Rs 3500/- and Rs 10000/- per month shall be calculated as if his salary were Rs 3500 pm

For calculating the number of working days

the days for which the worker has been laid off

the days he has been on leave with pay

the days he has been absent due to temporary disablement caused by an employment injury

the days a woman employee has been on maternity leave

shall be taken in to account.

Rate of Bonus

Minimum :8.33% of salary/wages

Maximum 20% of salary/wages

Computation of bonus as per Schedule I to IV of the Act.

Adjust any interim bonus paid while making payment of the final bonus.

Disputes on Bonus

The Bonus Act does not provide for any machinery to resolve disputes relating to bonus. For this, the Industrial Dispute Act shall be referred to.

THE PAYMENT OF GRATUITY ACT, 1972

Industrial Co-Operatives

Twin Pines, the international symbol for cooperatives (Photo credit: Wikipedia)

INTRODUCTION

In 1904 the then British Government passed the Co-operative Credit Societies Act.

The object of the Act was to encourage thrift, self-help and co-operation amongst persons of limited means and increase their productive capacity and financial resources. 

Funds for industrial co-operative societies are available from co-operative banks and private entrepreneurs.

Government provides subsidies, grants-in-aid and loans for the purchase of machinery, equipment, raw materials, etc.

DEFINITION

An industrial co-operative is an association of workers & craftsmen involved in cottage or village industries, who come together to undertake collective production, processing & marketing of goods manufactured by the members & provide them with the necessary services & assistance.

Labour Rights In The Constitution of Pakistan

The coat of arms of Pakistan displays the national motto, Īmān, Ittiḥād, Nazm. (Urdu Faith, Unity, Discipline). (Photo credit: Wikipedia)

The Constitution of Pakistan contains a range of provisions with regards to labour rights found in Part II: Fundamental Rights and Principles of Policy.

•             Article 11 of the Constitution prohibits all forms of slavery, forced labour and child labour;

•             Article 17 provides for a fundamental right to exercise the freedom of association and the right to form unions;

•             Article 18 proscribes the right of its citizens to enter upon any lawful profession or occupation and to conduct any lawful trade or business;

•             Article 25 lays down the right to equality before the law and prohibition of discrimination on the grounds of sex alone;

•             Article 37(e) makes provision for securing just and humane conditions of work, ensuring that children and women are not employed in vocations unsuited to their age or sex, and for maternity benefits for women in employment.

Indian Legal System

Supreme Court of India - Central Wing (Photo credit: Wikipedia)

Indian law refers to the system of law which operates in India.
It is largely based on English common law.
Various Acts introduced by the British are still in effect in modified form today.
Much of contemporary Indian law shows substantial European and American influence.
History of Indian law

Ancient India represented a distinct tradition of law.
India had an historically independent school of legal theory and practice.
The Arthashastra, dating from 400 BC, and the Manusmriti, from 100 AD, were influential treatises in India.
Manu's central philosophy was tolerance and pluralism, and was cited across Southeast Asia.
Source of Law
Primary Source:
The primary source of law is in the enactments passed by the Parliament or the State Legislatures.
The President and the Governor have limited powers to issue ordinances.
These ordinances lapse six weeks from the re-assembly of the Parliament or the State Legislature.
Secondary Source:
Secondary source of law is the judgments of the Supreme Court, High Courts and some of the specialised Tribunals.
The Constitution provides that the law declared by the Supreme Court shall be binding on all courts within India.
Constitution of India

Doing Business in India

India Gate (Photo credit: Wikipedia)

Why Do Business In India

·         Strategic location having access to the vast domestic and South Asian market.

·         One of the largest pools of skilled English speaking manpower i.e. scientists, engineers, technicians and managers in the world available at highly competitive costs.

·         Policy environment that provides freedom of entry, investment, location, choice of technology, production, import and export.

·         A long history of stable parliamentary democracy.

·         A large and rapidly growing consumer market.

Establishing a Business Presence In India

o    Foreign investors can directly set up operation in India through the following routes:

·         Liaison office / Representative office

·         Project office

·         Branch office

·         By Establishing an Indian entity

o    Wholly Owned  Subsidiary

o    Joint Venture with an Indian  Company

·         Other routes

All about Network Marketing

Ban_pyra.gif (No to network marketing). (Photo credit: Wikipedia)

Prominent Network Marketing Firms in India :

1.       Amway India        
2.       Sunrider India        
3.       Forever Living        
4.       Modicare
5.       AMC Cookware       
6.       Oriflame India  
7.       Hindustan Lever Network     
8.       Herbal Life    
9.       Avon Beauty     
10.   Direct Educational Technologies       
11.   Daehsan Trading India                 
12.   Tupperware India        
13.   PS Press Service 
14.   Douphin touch network
15.   RCM Business

Statistics : from US$ 33.32b to US$ 100b (approx.) Growth of almost three times (in last two decades) In India, the direct selling industry is estimated to be around worth of Rs.2,400 crores. *References have been taken from information sources of FEDSA (World Federation of Direct Selling Associations), IDSA (Indian Direct Selling Association) 

The 7 great lies of network marketing :

1.       Everyone is a prospect

2.       We’ll build your business for you

3.       This isn’t marketing we are just sharing products

4.       Anyone can do this

5.       We have the best product ever

6.       You just don’t have enough belief

7.       Proven system 

Top 5 Reasons People Fail :

American Work Culture

English: 5$ silver certificate, depicting American Indian (Photo credit: Wikipedia)

The United States, the work environment is both professional and causal as well. Don’t be surprised if you see people bring their pets to work! The work culture and dress code here are different than in India. Schedules are flexible, and the atmosphere is informal .

OFFICE ENVIRONMENT

The office environment is informal, and there is no apparent hierarchy between managers and their subordinates. Employees are treated as equals, and independent views are welcomed.

United States (Photo credit: Wikipedia)

American work culture involves a lot of meetings. These meetings need not deal with big decisions, but are more like discussions, and are centered on the analyzing, planning and review of any project. Opinions and ideas are shared, and objections are made.

WORKING HOURS

Normal office timings go from 8 AM to 5 PM. You do need to maintain a minimum of 8 hours per day or 40 hours per week. Results matter more than anything; you must be able to deliver on demand.

TIME MANAGEMENT

Battlefield & Boardroom for a Civil Service Aspirant

Spielfiguren und Würfel (Photo credit: handlungs:plan)

Exams

·         most of the precious time is wasted in figuring out how to start Exam preparation

·         exam time is not the most stressful part of  professional  journey, if the studies are planned well in advance and studies done on a regular basis.

Why are examination conducted

                Try and understand why the professional body is asking for external examinations to be taken. It is because they believe that they must have primary evidence that you know your subject at the level expected of a professional in that field.

                Examinations are considered by most of the professional bodies to be the only reliable format in assessing the competence of the diverse group of students wishing to be awarded professional status.

                Professionals in most sectors now practice in a global environment, and most professional qualifications are available internationally. In order to maintain a high standard of competence, and to guarantee at least a certain standard of professionalism, regardless of where the professional studied or practices, the most effective format is still the external examination.

                Examiners are looking for evidence that you are sufficiently knowledgeable and competent to be awarded professional status. To demonstrate this, though, you will need to follow one simple rule. That is: answer the question.

                What the examiners require you to do is to answer the question that they have asked. It has been designed to give you the opportunity to provide the evidence that you are worthy of that status. If your answer(s) are not focused, do not answer the question, or complete the task, or give a surfeit of information which is irrelevant to the question, you will fail.

With the requirements of the Examiners in mind, you should practice identifying what the question is actually asking you to do or to discuss. To do this use past papers, make up your own questions, use the mini-questions and assignments in the coursework. Analyse questions and make notes on how you would answer them, and of course, practice answering them fully.

The Big “Q”

·         How to prepare for the exams

·         How to deal with the exam pressure

·         What will be the result

How to prepare for the exams

Universities of Haryana

Central University of Haryana
Central University of Haryana is located at Jant Pali village in Mahendragarh district the campus is sprawling over an area of 500 acres
Location: Mahendergarh, Haryana
University: Central University of Haryana

Amity University - Haryana
Amity university Haryana AUH has been established by the Haryana act 10 of 2010 by government of Haryana amity university is a private University.
Location: Gurgaon, Haryana
University: Deemed University

Chaudhary Charan Singh Haryana Agricultural University
chaudhary charan singh Haryana agricultural university CCSHAU also known as HAU is one of asia’s biggest agricultural universitiy situated in Hisar, Haryana.

Shortage of skill in Various Sectors in India

The projected growth rates in industry and services sectors are expected to generate 60 millions job opportunities during 2006-12 and 156 million during 2006-16, 96 million during 2013-2016

• Semi-skilled and skilled labour: The shortage of factory workers and construction labourers is already being felt across industries.

Logo of FICCI 

• Engineering industry is growing at a fast pace will be major requirement of skilled/talented manpower in this sector
• Food industry is fast-expanding, need professional food scientists and technicians in great number.
• Media and Entertainment: The demand for animation production services from India is growing. This has opened up innumerable opportunities for students of Design, Fine Arts and Mass Communication.
• Biotechnology sector: 80 % shortfall of doctorate and post doctorate scientists.
• Food processing sector: 65 % shortfall of refrigeration mechanics, electricians’ etc. 70 % shortfall of food safety personnel Additional 21 million new jobs in merchandise trade
• IT and BPO sector could employ 9 million persons directly and indirectly
• Raising the rate of growth of manufacturing to 12 % could create 1.6 to 2.9 million direct jobs annually, and another 2-3 times that number indirectly.
• Retail Sector - demand of 3-5 lakh trained people in the northern region alone. This sector would throw up 2 million employment .
• Leather - Based on increased targets for export and domestic demand, it would generate 3 million additional jobs by 2022
• Civil Aviation - Needs 5400 pilots by the end of the 11th plan. Thereafter, there would be requirement of at least 150 pilots per year as replacements for retirements and normal attrition.
• Construction sector with a current employment of over 30 million is to witness boom by an annual growth rate of 30% in infrastructure. It would translate large no. of jobs far short of the employable skill available
• Health sector: Shortage of 5 lakh doctors and 10 lakh Nurses.
• IT sector : Shortage of 5 lakhs (half a million) engineers.
• Education sector: Faculty shortage of 25-40 percent.
• Automobiles: employment expected to increase to 25million by 2015-16 from current 10.5 million, majority in the shop floor of auto manufacturing
• Logistics: will grow in tandem with growth in trade, aviation and tourism
• Banking and Finance sector: 50-80 percent personnel shortage.
• Aviation sector: Severe shortage of pilots and ground duty officials.
• Textile sector: employ 35 million directly, besides 55 million in its allied sector. Expected to generate additional 14million jobs
• Pharma sector: Severe shortage of top pharma scientists as research expenditure by pharma companies has quadrupled in the last 5 years. Thus there is a shortage of middle-level and junior scientists too. This has made salaries of top pharma scientists rise to US levels.
• Project Management Services-this labour intensive sector will grow with growth in corporate structure, infrastructure & retail industry
Source: Data compiled from (FICCI report, New Delhi); (NASSCOM); (NASSCOM McKinsey Report 2006); (Press Release, Ministry of Com. & Ind. April 7, 2006); (Presentation made by NMCC to National Advisory Council, February 18, 2006) (IL&FS, 2008)