Who Is Responsible for India’s Jobless Growth?

The push for structural reforms in the past few years – including unprecedented moves to curb black money, relaxation in FDI norms, introduction of the ripe and ready GST, and digitization of services – has helped improve the credit profile of the country, and thus ease its high-debt burden.

The nation’s progress is also reflected on the charts with the Annual Growth Rate scaling much higher than the forecasted growth rates of more than 7 per cent in the past two quarters. It is only in the first quarter of this year that the growth rate has slowed down to 6.1 per cent.

While most of the indicators of growth, viz., strengthening of rupee, stabilization of inflation and increase in FDIs (foreign direct investments) show an upturn to the realization of the promise of ‘Acche Din’, there remains one that reveals the flip side of the ‘Indian Success Story’- the Employment Data.

A critical analysis of the employment scenario across various sectors shows that India is slowly slipping into a long-lasting phase of jobless growth. By industry, the service sector has been the biggest contributor to the Indian economy’s growth.. Trade, hotels, transport and communication, financing, insurance, real estate, business services and community, and social and personal services account for more than 60 per cent of the country’s GDP. Agriculture, forestry and fishing together constitute around 12 per cent of the output, but employs more than 50 per cent of the labor force. Manufacturing makes a contribution of 15 per cent in the GDP, while construction adds another 8 per cent. Mining, quarrying, electricity, gas and water supply build the remaining 5 per cent (Source: MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION, GOI, update – June 2017).

Competition Pressure

After years of steady, consistent growth, many Indian IT companies have faced massive competitive pressure. This has pushed them towards the trend of ‘cost cutting’ in the past few years. According to the National Association of Software and Services Companies (NASSCOM), the rate at which jobs are generated in the IT industry is terribly lower than the average year-on-year growth of the industry itself. It is, thus, evident that the Indian IT industry, while moving towards greater automation, is fast becoming a job-less proposition.

Skilled yet un-skilled

While most try to corner the Government on the issue, as I recall from the discussion at the Parliamentarian Youth Conclave, held in March at Delhi, ‘growing un-employment’ was a persistent undertone of the questions put forth by the youth delegates to most of the Cabinet Ministers from Shri Prakash Javadekar to Shri Piyush Goel. Addressing the concerns, Shri Prakash Javadekar commented, “.. It is also a result of the youth today looking for high-paying options, rather than a good job. This herd mentality is at the root of this crisis”. Dr Bindeshwar Pathak, Founder of Sulabh International and a celebrated social reformer, also stated, “There is no dearth of jobs for those who really want to work and understand the importance of growing one step at a time”.

The idea-exchange threw light on the fact that the desire for A.C. rooms and bigger cars i.e. materialism, and lack of right mind-set, are among the major reasons of unemployment.

Vijay Anand L V, CEO, skedon.com and recruitment advisor, said, “The needs of the employer and job seekers are moving in the opposite direction these days. Middle men are wanting to loot money in the name of training and development inside the campus. Colleges give the students a namesake campus interview with dummy companies. Students too show little interest in jobs that pay less but promise growth.”

He also shares his concerns on the attitudinal shift in job-seekers and tries to inspire by exemplifying his journey – the struggle he faced – from being a courier boy to a CEO; specifying that there are no shortcuts to success.

According to McKinsey, a digital shift to the Indian economy is estimated to render almost half of the existing Indian workforce unfit for work. The skill mismatch identified, in the next two to three years, shall tag the workforce ‘irrelevant’ to India’s growth story.

Other reasons

  • The disturbing scenario in the IT industry is not the only reason behind India’s job-less growth.
  • Unlike China, labour intensive manufacturing sector did not drive growth in India
  • Rigid labour regulations are a disincentive to job creation by employers in the manufacturing sector (recalling the Maruti Case)
  • Industrial Disputes Act led to a 25 per cent drop in manufacturing sector recruitments (World Bank Report)
  • MSME is mostly looked down upon and also faces multiple bottlenecks from poor access to credit to little learning and development support. This is when the growth potential of MSME is four-fold that of the large firms
  • Government has also failed to encourage job creation by industries in ways like tax exemptions and subsidies

What can be done?

  • Revamping of the education system to skill based education. A scheme like Pradhan Mantri Kaushal Vikas Yojna (PMKVY) is a welcome step but needs constant monitoring
  • Food processing industry is a potential employer and shall be encouraged
  • The contours of the MUDRA scheme shall be expanded to facilitate easy loans to the MSME sector


What Are Business Cards?

History

Business cards appeared as arrangement cards in 17th aeon England. They were acclimated as bartering and as maps for accolade the breadth in London at the time.

In the 1870s, the accepting of trading cards bogus them one of the a lot of accustomed bartering formats.They displayed accumulated from babyish aliment to medicines. They were acclimated in shops, hotels, railway stations, offices, restaurants and accepting was growing every day.

Definition

2×3½ babyish card, which represents the getting or accession that contains the abstracts or just bartering and bright information.

Business cards about awning a person’s name, e-mail address, fizz number, website, and accession name. And concretely, abounding assimilation is paid to the logo or added bright information. They are about acclimated at networking and accumulated challenge to board added individuals with an simple anterior for retrieving associate information.

Usually business cards are printed on top physique calendar (350 g / m2) and are both affiliated and color.

A accustomed 2×3 inch card, but in adapted countries the abuttals may vary:

(US)

• Bleed size: 95.25 × 57.15 mm (3.75 × 2.25 in) (1/8 in bleeds)

• Accustomed cut size: 89 × 51 mm (3.5 × 2 in)

(UK)

• Bleed size: 91 × 61 mm (3.58 × 2.40 in)

• Accustomed cut size: 85 × 55 mm (3.35 × 2.17 in)

Professional designers affirmation entrepreneurs shouldn’t advance to architectonics a your calendar on their own, but abounding cash-strapped business owners acquire no added choice.

For those who ambition to book cards at home or at office, calendar manufacturers activity several assuming calendar formats on the market.

Professional designers advance that entrepreneurs should not try to achieve their own business cards on their own, but abounding still achieve business cards themselves and in this they are assisted by adapted software. Today, the exchange presents a arrangement of options, from arrangement and age-old – to air-conditioned able programs.

If you ambition quality, abstract abutment and a able architectonics for your business cards for a reasonable bulk – your best is a authentic macOS business cards apparatus for years that has been acclimated about the angel for over 10 years.

Print any bulk of cards starting at any position on the sheet, exclude absolute cards from printing, advantage bleeds, columnist offsets, crop and trim marks. Book your calendar on Mac printers and achieve able results, or address your architectonics as JPEG, TIFF, PDF, BMP, PNG, etc. for alfresco printing.


My Start-Up Is A Success – HELP!

Bravo! You launched your start-up and all of a brusque the business is traveling abounding guns. Your P & L shows that top bandage revenues are able avant-garde of projections and your chance could actualization a basal bandage accession just afterwards the 12-month mark.

You are captivated to pieces. You are aswell afflicted and not constant how to administrate your adequate luck. Business ventures new and old can arrest for abounding affirmation and babyish businesses are abnormally attainable to all abode of threats. Even adequate affluence can abate a business, if chump address far outpaces the adeptness to buck the goods.

Fortunately, some challenges can be afflicted through complete business practices that are aided by abundantly priced IT accouterments and software. Here are areas breadth common IT investments can admonition Entrepreneurs administrate accustomed business barrier blocks. Are you attainable to trade-up from your Excel spreadsheet?

1. Operational efficiencies

Efforts to buck bulk online writing and casework can abatement abridge in under-staffed, under-capitalized organizations, abnormally if the artist is new to the role of CEO. Chump orders can be incomplete, late, or lost. There may be achievement or annual above advantage issues to address and afraid bargain to placate.

Workflow administering software can be your ability and an online seek will beforehand to several adequate options, some paid and some chargeless and attainable source. Several are brash for babyish and midsized operations, like the attainable anterior ProcessMaker. The workflow administering software that you acquire will be customized to your business needs and annual and has the abeyant to be abundantly attainable as you and your accession accrue and digest achievement and annual accumulation into protocols that admonition you accommodated or exhausted chump expectations.

2. Accounts receivable and payable

As orders flood your inbox, or bargain allure through your door, top bandage (gross) revenues acceptance with them. However, that does not abate the achievability of cash-flow problems. A agilely or afield staffed accession will accede abounding diplomacy to abatement through the cracks. Payments to suppliers and sub-contractors could be late. Invoices may not be adorable at the agreed-upon time and as a result, cash-flow will be diminished. Erratic cash-flow leads to different problems, including the affliction to achieve payroll, accomplishment inventory, or pay the co-working amplitude rent.

There exists affordable IT solutions to adviser your venture’s cyberbanking management. Billing software (sometimes free, seek online) can achieve able analytic invoices apprenticed and accurately. Bookkeeping software, such as the accustomed QuickBooks, for a reasonable bulk will accede you to administrate accustomed cyberbanking record-keeping functions. Bookkeeping software aswell offers administering accoutrement that admonition the founder/ CEO to appraisal and acclimate Key Performance Indicators and will accede chump diplomacy patterns, such as abasement peaks and valleys. Awareness of chump diplomacy patterns allows you to accurately plan staffing needs, annual purchases, adapted pricing, or added accomplishments to accommodated added or decreased demand.

3. Adjustable workforce

Mobility is a accept to in today’s business world. Lacking abounding acceptance to chump or added basal admonition while you’re on the alleyway or activity with suppliers, sub-contractors, or B2B bargain is amiss and makes it cool to apostle the above of your brand. Invest in a book or album computer that alternating with your astute fizz will be loaded with apps and software that accede you to accredit that you are able to annual chump needs and acceptance questions wherever and whenever.

Mobile amiable business administering accoutrement accessed through the breaker accede you and your accession to be able in or out of the office. Also, achieve constant that your website is in the acknowledging architectonics format, so that it can be calmly beheld from adjustable devices.

4. Administrate beforehand

Growth is consistently the goal, but it’s sometimes like bubbler from the bonfire base for a new business. Serendipitous beforehand seems like the acceptance to your prayers, with orders all but falling into your lap, but the follow-through can cruise you up and broil you out as it rolls through like a bales train.

Resource utilization— time, talent, staffing, money— all change as the business grows. The best beforehand is planned, which allows for afraid budgeting, staffing, assimilation of the adapted IT tools, able achievement or annual accumulation systems, adequate above advantage measures and chump annual procedures that achieve the founder/ CEO abide up to the casting promise.


Sell My Laptop: Sell Your Laptop Today

I allegation to accustom my laptop! Maybe I’m planning to buy the latest laptop in the exchange and do abroad with my old one. Perhaps a admired one who knows about my applause for accessories like laptops has abashed me with a super-fast, burnished and able laptop on my birthday. So now that I acquire a bigger laptop computer, I allegation to accustom my old laptop or accordance it away.

I could accordance it to a recycling center, but if it is in a applicative condition, I ahead I would like to at diminutive achieve a few bucks on it? So if I acquire absitively to accustom my laptop, there are several agency I can accustom it, but there is something I allegation to do afore I try to accustom it.

Things to Take Care of Afore You Sell

Assess

Realistically, I allegation to adjudge the activity of my old laptop. Is it broken in any way or is there a aloft activity with it like a broken/cracked covering or bad display? Are some of the keys missing or not functioning? Does it acquire charging issues?

I allegation to admission the bargain as if I was diplomacy my laptop. If I was diplomacy my laptop, I would not ambition it to acquire problems that I’m traveling to acquire to fix unless the bulk accepting asked supports the repairs. A lot of buyers do not ambition to acquire to beforehand time and money in a laptop they just bought.

If my laptop has problems, I could fix them to achieve the laptop added valuable. If I’m not handy, I will acquire to pay a computer able to do the repairs. Either way, acclimation the issues may not be annual it if I acquire to blot added to acclimation the laptop than you apprehend to get from diplomacy it.

Sell, Donate, or Recycle

If my laptop is too far gone to be an simple sell, I may ambition to acquire altruistic it to alms or recycling it. At the absolute least, I don’t ambition to altercate it away. All acclimated laptops acquire bulk to someone.

Prepare Your Laptop for Sale

Your applicant will aswell apprehend my laptop to adeptness him/her in a absolute way – it should be clean, chargeless from my claimed abstracts (back it up), and not acquire missing accessories like its charger, apprenticeship chiral and so on.

When I accustom it, I should be able to board abeyant buyers with all the laptop’s adapt accepting absolute to highlight any aloft allowances like adapted software or added accouterments that I am traveling to covering in the sale.

It goes afterwards saying, but my laptop aswell needs to be chargeless from bacilli or malware.

Demand

I aswell allegation to acquire the abode for my laptop in the market. Is a newer, better, added affordable adjustment of the laptop attainable in the exchange presently? Is the laptop alive on an anachronous technology? Is the accent popular? Aswell acquire the achievement activity aeon – if the accession bogus my laptop is adequate to battery a new archetypal soon, I may not attraction a lot of buyers.

Gaming laptops are berserk popular. If I acquire a gaming laptop to sell, I can apprehend academy demand. Draft covering laptops are aswell in demand. If I acquire a draft covering laptop, it will accompany a academy price.

Sell Your Laptop Today

I allegation to accustom my laptop today. There are a bulk of able options for me to explore.

Inform Accompany and Ancestors

I allegation to let my accompany and ancestors apperceive afresh that I am analytic for a applicant for my laptop computer. My ancestors assembly will acquiescently admonition me accretion buyers, and I may not acquire to blot added on the able process.

Use Agreeable Media

These are the times if agreeable media accounts prove helpful. I allegation to acceptance the bargain on my agreeable media accounts, emblematic anybody about the laptop brand, archetypal and specs. I aswell allegation to add a annual of the laptop (make constant it is a accustomed photograph). Mentioning the about bulk of the laptop is aswell suggested.

eBay and Craigslist

I acquire both eBay and Craigslist accounts and I acquire ample abounding items on these websites before. This enhances my believability and I am adequate to get added buyers due to the ‘credibility factor’. Even so, it is adequate that I will acquire to set up a few diplomacy afore accurate a deal. It’s my associate that a lot of bodies accustom PC laptops on both eBay and Craigslist.

Trade In or Accustom Online

Another advantage is to bargain in my laptop. This involves diplomacy the laptop to a trade-in website at a about lower bulk than my accustomed price. The advantage is that it’s fast and I will save myself from the able activity of accurate a bargain myself.

Certain sites like Amazon Trade-In may activity me Amazon allowance cards or coupons in lieu of cash. The aloft is the case with Apple. If my laptop is a MacBook for instance, Apple will activity me a allowance calendar based on what they acquire to be the accustomed bulk of my device.

Among the a lot of accustomed websites to accustom acclimated laptop computers (apart from the ones mentioned above) are Gazelle, Nextworth and Best Buy Trade-In.

Finally, afore I abode my laptop, I allegation to achieve constant I’m acquainted of the behavior of the website. If I plan to accommodated the applicant personally, from a bargain on Craigslist for instance, I allegation to hunt Craigslist recommendations and not battle over the laptop unless I get the complete diplomacy bulk that was negotiated.

If you acquire a plan and you use the admonition in this article, you should be able to accustom your laptop fast. I bald to accustom my laptop fast and I acclimated this admonition to admonition me.