Recently Social Media was abuzz with Employee Layoff by one of the IT major. Layoff is not something new in IT industry but this time the scale of Layoffs rattled the IT employees. In new age economy, Job security is on back burner and Layoffs are reality. Even employees are also mentally ready for such kind of events. The biggest proof is new kind of insurance features which secure EMI of loan against Job Layoff. After a month's silence on this subject, IT major issued statement that their "Involuntary Attrition" or Layoff is as per past trends. There is no significant change in the ... Read More
Pradhan Mantri Jan Dhan Yojana
Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched by our Prime Minister Sh. Narendra Modi on Aug 28, 2014. The key objective of this scheme is Financial Inclusion i.e. to provide banking & financial services in affordable manner. Though we all know primary benefits of Pradhan Mantri Jan Dhan Yojana but lets discuss key inclusions and exclusions of Pradhan Mantri Jan Dhan Yojana for the benefit of readers. Highlights of Pradhan Mantri Jan Dhan Yojana (a) Life insurance cover of Rs 30,000 (Applicable only if savings account is opened between Aug 15, 2014 and Jan 26, 2015) (b) ... Read More
Make in India – Key to Revival of Economy
Make in India campaign was launched by Prime Minister Sh. Narendra Modi on Sep 25, 2014. The key objective of Make in India campaign is to invite businesses not only in India but across the world to invest & manufacture in India. The purpose of Make in India campaign is (a) Job Creation (b) Economic Development (c) Global Recognition Indian economy is going through bad phase. In past, i wrote an article on Why India is heading towards Recession. Clouds of recession are still looming large. Current euphoria is because of election of Mr Modi and stable Govt in India. Sweeping ... Read More
5 Financial Benefits of Swachh Bharat Mission
On 2nd Oct, 2014 Prime Minister of India Sh. Narendra Modi Ji launched Swachh Bharat Mission. Swachh Bharat is a noble mission and Prime Minister has appealed fellow Indians to devote atleast 100 hours every year towards the cause of cleanliness. Swachh Bharat Mission is time bound project to be completed before 2nd Oct, 2019 i.e. by 150th Birth Anniversary of Father of Nation Mahatma Gandhi. As a layman, i only foresee cleanliness or clean india as sole objective behind Swachh Bharat Mission but on deeper analysis, you will observe financial benefits behind Swachh Bharat Mission. As a common ... Read More
Right to Education – Right Step in Wrong Direction
Right to Education is a Right Step in Wrong Direction. Recently the Honorable Supreme Court of India uphold the constitutional validity of Right to Education. Right to Education mandates reservation of 25% seats for economically disadvantaged. Only exception is Minority Schools both aided and un-aided. In my opinion, Supreme Court judgement is a serious setback to education reforms in India. Free and Compulsory education was introduced in India 64 years back but unfortunately the basic objective is not yet achieved. On papers, the intention behind Right to Education is to bring social parity ... Read More
WhatsApp – A Serious Threat to Privacy
WhatsApp is new buzzword of the town. WhatsApp is coined as next big thing after Facebook in Social Media. Now both are cousins as Facebook recently bought WhatsApp. Though i am Tech Savvy but i am vary of misuse of Social Media & Technology. Recently i observed some critical privacy concerns in WhatsApp. I am going to list them along with possible solution. Readers are free to add more (if any) in the comments section. Permission to add contact in WhatsApp The biggest privacy flaw in WhatsApp is that you don't need permission of a person to add him like in Facebook or Google+. If you ... Read More
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