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7th September 2019

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The Indian Independence and the Journey of Economy

Letter From the Editor

he Indian economy comprises of all the production activities and distribution activities that relate to people. It also comprises of economic activities related to people and hence determines their appropriate standard of living. However, very few people know that the end of the colonial rule left the nation in bits. We picked it up and placed it in order. This bad condition of the country was the outcome of policies of the British. Since every policy that they were framing was constantly focusing on favouring their nation, we had very little left towards the end. Therefore, in 1947, when the British gave us back India to us, we took back our torn nation. Our economy had been a victim of enormous exploitation. Our natural resources, iron ores, gold mines, wealth and manpower were subject to intense exploitation. Due to these atrocities, the Indian economy on the eve of independence showed poor/low economic growth. Immense efforts and knowledge were essential in order to move ahead. Although India was a very independent economy before the British rule, towards the end, it was exhausted. The Indian economy on the eve of independence was struggling to find the path. Since all the policies that the British were framing only promote their interests, we were diverging from prosperity. We were mere raw-material suppliers to the British. They made use of our labour without treating them well. The 200 years of British rule also took away our will to gain knowledge and awareness. Since we were their slaves, we never got the right to proper education. And as a result of these actions, towards the end of their reign, we were illiterate. Back then, before 1947, over 95% of the country’s income came from its agricultural activity and over 85% of the country’s population lived in villages where livelihood completely depended on agriculture. The Indian economy in 1947, with respect to agriculture was disheartening. The most important Indian sector was facing massive stagnation and continuous deterioration. Hence the result was low productivity levels and high vulnerability levels. Before the British period, India’s well-known industry was the

handicraft and textile industry. India was well-known for its industries in cotton and silk textiles as well. And in addition, Indians were excellent in metal and precious stonework as well. When the Britishers came, they were followers of de-industrialization in India. They did this by creating situations which were conducive to the decay of the handicraft and textile industry. They also did not make any effort to promote to permit the continuation of the metal and precious stone works that was followed by the decay of the Handicraft Industry and Slow Growth of the Modern Industry. Not only was the industrial and agricultural sectors of the country affected but so was the foreign trade. Indian economy on the eve of independence in relation to the foreign trade was very poor. Due to the rules imposed by the British, none of India’s products or skills had any recognition, adversely affecting the structure, composition and volume of the country’s foreign trade and income. Indian Economy has come a long way since 1947. With new policies under construction, formulated by new leaders of India, we wish that it only becomes better! nnn

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Brieﬁng National

BJP MPs/ Ministers to Launch Unique ‘150 Km Padyatra’...

Technology

International

Despite tension, US Continues Putting Pressure...

Xiaomi Working on Periscope Lens Smartphone Camera: Report

Cover Story

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Business Outlook

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ASSOCHAM Organizes National Summit on ‘Issues ...

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Unravelling the Crisis of Democracy Worldwide...

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The Ultimate Monsoon Guide for Fashionistas...

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August 2019

OBSERVER DAWN

National

BJP MPs/Ministers to Launch ‘150 Km Padyatra’

mong other important instructions, Prime Minister, Narendra Modi, has directed all the BJP MPs & Ministers to launch a unique 150 Km Padyatra in their respective constituencies to observe Mahatma Gandhi’s 150th birth anniversary. As per the instruction, the unique Padyatra (Foot-march) that has been scheduled to start in the occasion of Mahatma Gandhi’s birth anniversary on October 2, will come to its ceremonial end on October 31, the birth anniversary of Sardar Vallabhbhai Patel. While talking to BJP MPs and Minister during a Parliamentary meeting on July 9, 2019, Modi said that Mahatma Gandhiji's teachings and ideology should be the primary 'focus' in the constituencies of their respective jurisdictions, especially in the remote rural areas, during the ‘Padyatra’. The party MPs and other leaders should also discuss Gandhian thoughts with the people, Modi asked the MPs. "The yatras will

focus on the revival of villages and making them self-reliant, plantation drive and zero budget farming”, said the Parliamentary Affairs Minister, Pralhad Joshi. Sources said Modi also asked Rajya Sabha members of BJP to undertake similar 'padyatras'. They have been especially asked to focus with the 'foot-march' programms in constituencies where the BJP has organizational slackness.Modi also urged them to focus on the Sankalp Patra (election manifesto) of the party - that was released as party's electoral pledge ahead of the General Election 2019. “According to Modiji’s instruction altogether 150 groups should be formed in each constituency which will cover 150 kms and the party MPs will be part of these groups. The idea is to reach out to public and seek their feedback on the government's work and their expectations from us", said Minister of State for Parliamentary Affairs, Arjun Ram Meghwal.

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India Needs to Focus on Increasing GDP

ndia needs to focus on increasing the GDP at the rate of 8 per cent and investment would be the key driver for this virtuous cycle as far as achieving the goal of 5 trillion dollars economy by 2024-25 is concerned, said the Chief Economic Advisor, K V Subramanian. Subramanian stressed the year 2019-20 has delivered a huge political mandate for the government, which augurs well for the prospects of high economic growth. He said investment is the only thing which can raise other things such as productivity, export, employment among other things. Speaking to the media after participating in the Economic Survey 2018-19, Subrahmaniam said, “If we look at the China economy when it was a developing country, they had more focused towards investment. In fact their investment grew to around 50 per cent of the GDP which is the

OBSERVER DAWN

August 2019

robust”. Union Finance and Corporate Affairs Minister NirmalaSitharaman presented the Economic Survey 2018-19 in both the House of Parliament. This was Dr Subramanian’s first ecnomic survey. “One of the biggest hurdles to achieve the 5 trillion dollars economy is poor enforcement of contracts and dispute resolution. Steps to speed up legal process should be top priority. The survey shows that required efficiency gains and appointments are large but achievable”, he added. He said that the current rate of investment was around 29.3 per cent of the GDP though it should be raised to 30 per cent of the GDP for the target of 5 trillion dollar economy. For raising investment, the CEA said, “Indian MSMEs need to be freed from the shackles that convert them into dwarfs. They should be seen as a source of innovation, growth and job creation”.

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Teachers, the Real Nation-Builders: Hrithik

ollywood star, Hrithik Roshan, has shared another post on his social mediaportal to let the masses know all about his two teachers, who he termed as ‘My Super Star’. In his recent post, Hrithik had sent an appreciation for the teachers. He had also expressed how teachers are the 'nation-builders'. Roshan expressed how his two teachers his grandfather, Deda and his speech therapist, Dr Oza, were an important part of his life. The actor though paid tribute to his teachers for life- asking everyone to share all about his or her “My Super Teacher” through posts. Hrithik shared a trail of tweets to tell us about his super teacher with a picture of his Nana while he spends time with them and wrote, ''Working on Super 30 forced me think about the teachers who have been instrumental in making me what I am today. While

a lot of names came to my mind, there are two who I consider as My Super Teacher'”. ''My Super Teacher - My Nana, who I lovingly call Deda, for the lessons he has taught me at every stage of my life, which I share with my kids now. And Dr Oza, my speech therapist as a child, who taught me to accept my weakness and helped me overcome my fear of stammer”, Roshan added. Roshan will be seen essaying the character of a teacher in his upcoming movie, ‘Super 30’ released on July 12. Here, he reprised the role of a Mathematician, Anand Kumar, who trains students for IIT-JEE in Bihar. For the first time, the actor was seen essaying the character of a teacher for his next. He reprised the role of a Mathematician, Anand Kumar, who trains students for IIT-JEE in Bihar. The movie also featured Mrunal Thakur alongside Hrithik.

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Tripura Govt Launches Pre-Primary Education

he state government of Tripura has on June 29, 2019 officially launched pre-primary education in a school at Kamalpur village under Dhalai district of northern Tripura. It was started through a simple programme, inaugurated by the Chairperson of Kamalpur Nagar Panchayat, Prashanta Sinha. District Education Officer (DEO), Rabendra Durai, Assistant Headmaster of the school Uttam Chakraborty, councilors, Goutam Biswas and Shukla Ghosh and the president of the school management committee, President, Pranab Chakraborty, were among dozens other dignitaries those attended the hours-long program. Prashanta Sinha, during his inaugural speech, said, "The state government is instigating new opportunities in the education sector. But the guardians should be careful about impending doom of addiction”. Recently, new means of addiction like brown sugar are taking the students community into the grip. Here the administration is also working. But the guardians should be careful and keen to keep

watch in their kids. "The state government is instigating innovative projects in education. Along with this school, 10 more schools are to be enabled with pre-primary education. There are some infrastructural problems in different schools. We are keen to remove it"”, highlighted the DEO, Rabendra Durai. It would be praiseworthy mentioning here that a pre-school, also known as nursery school, pre-primary school, play school or kindergarten. This is an educational establishment or learning space offering early childhood education to children before they begin compulsory education at primary school. Besides others, the main objective of the government behind launching pre-primary education is to prepare children physically, mentally, socially, morally and emotionally strong so that they could be escaped from poor performance or the early drop out. This apart, it would also help the older children, especially the girls, to attend their schools.

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August 2019

OBSERVER DAWN

US Continues Putting Pressure on Iran International

nited States will continue to put economic pressure on Iran. It will also defend US interests as Tehran further stepped up to endanger the 2015 nuclear deal. "Iran should not confuse American restraint with a lack of American resolve," said US Vice President, Mike Pence during an annual summit of a pro-Israel Christian organization in Washington. "We hope for the best, but the United States of America and our military are prepared to protect our interests and prtect our personnel and our citizens in the region," Pence said. Pence's remarks came hours after Tehran announced that Iran has raised the concentration of its enriched uranium to 4.5 percent, crossing the limit of 3.67 percent set by the landmark nuclear pact. Pnce also vowed that his country would continue to bring pressure on Iran's economy, which he claimed had already been "reeling" under heavy US sanctions. Pence's tough stance was echoed by US Secretary of State, Mike Pompeo, and National Security Adviser, John Bolton. Pompeo also noted that they had implemented the strongest pressure campaign in history against the Iranian regime. A year after the US unilateral exit from the nuclear deal, Iran withdrew from part of the nuclear deal on May 8 and threatened more actions in case its interests under the pact cannot be guaranteed. Earlier, Iran said that the Europeans had failed to take

"practical" steps to ensure Iran's economic interests under the deal. In July last week, Iran announced that its low-grade enriched uranium stockpile had exceeded 300 kg, its first breach of limits set in the accord. “It is believed that Iran's action to cross the nuclear deal limit would neither help preserve the plan nor secure economic benefits for the Iranian people”, said the UN Secretary-General, Antonio Guterres.

HRW Seeks International Probe into Sudan Killings nnn

well-known Human Rights Watchdog (HRW) has asked the Sudanese authorities to organize and cooperate with an international investigation into the killing of protesters over the past one year in the country. In Press Release issued by the Human Rights Watchdog suggested that Sudanese leaders should facilitate the establishment and cooperate with the work of an effective international investigation into the killings of and abuses against protesters since December 2018. Meanwhile, Jehanne Henry, the organization's associate Africa director, emphasized that Sudanese authorities should ensure the probe's credibility by interacting with the UN Human Rights Council and African Commission on Human and People’s Rights. The much publicized protests that started in December 2018 in Sudan had culminated in a military coup by April 11, 2019. It occurred only when the then-President, Omar Bashir, was defeated and detained after almost 30 years in power. The Transitional Military Council (TMC) took over and pledged to organize a new presidential election within two years. The protesters have meanwhile remained in the streets demanding that the military yield power to a civilian authority. The situation further escalated in early June, when law enforcement officers violently dispersed a sit-in demonstration near the military headquarters in the capital city of Khartoum, killing dozens of civilians. It resulted in the suspension of talks between the TMC

OBSERVER DAWN August 2019

and opposition.The African Union’s special envoy and mediator between the Sudanese sides, Mohamed El HacenLebatt, had on July 5, 2019 said that they had reached the agreement to set up a joint sovereignty council to govern the country for a transition period of three years. Although, both have decided to hold a transparent probe into the violent crackdown on opposition protesters that had occurred in June first week, they have also agreed to subsequently form a civilian government comprising technocrats. nnn

INR Acceptable in Duty Free Airports of Dubai

ow onwards, the Indian tourists will not have to convert the Indian currency (Rupee) into ‘Dirham’ (also called as Arab Emirates Dirham) while shopping at Dubai Airport, one of the duty free airports. The Indian currency is now acceptable at all three terminals of Dubai International Airport and at Al Maktoum Airport since July first week. In a question asked by the Gulf News, a Dubai duty free staff said that they had started accepting the Indian rupee (INR). Nearly 90 million passengers passed through Dubai airports last year. Of them, 12.2 million were Indians. Most of them came from the Indian cities of Mumbai, Delhi and Cochin. Till recently, the tourists to UAE had to convert the rupee into Dollar, Dirham or Euro before they could shop at Dubai’s duty free shops. The Indian tourists have however shown their happiness and said that this was a great move that would certainly benefit the tourists as well as the businessmen. With the latest move, the Indian rupee has become the 16th currency to be accepted for transaction at Dubai Duty-Free since its opening in December 1983. Being a duty-free, Dubai has grown into one of the biggest travel retail operators in the world. The year 2018, is being termed as a year for Dubai Duty Free, which celebrated its 35th anniversary on December 20, 2018 and

crossed the $2 billion mark on December 29. Noticeably, the Dubai Duty Free is currently operating about 38,000 sqm of retail space at Dubai International Airport and 4,000 sqm at Al Maktoum International. The operation has consistently raised the benchmark for airport retailing and it continues to grow day by day. Of the original 100 staff who joined in 1983, 25 are still in active service and referred to as “Pioneers”.

Restriction on Exports of High-tech Materials nnn

n another major decision of South Korean President, Moon Jae, the later has asked Japan to cancel its recent restrictions on exports of high-tech materials. These include the production of semiconductors and digital displays to South Korea. Noticeably, Japan had announced restrictions on exports of some high-tech materials to South Korea after the situation over Japanese reparations to Korean victims of forced labor deteriorated. Quoting a report by a news agency, Yonhap, at a government meeting, Moon said, “I called on the Japanese side to retract the measure and call for sincere consultations between the two countries”. Finding the maximum possible ways, the president also pledged to give expected support to the domestic manufacturers so that they could boost their global competitiveness in the industry and decrease their dependency on imports of core materials.The president said, “As I believe, the corporations will expand technology development and investment, and make more endeavors to break from the externally dependent industrial structure via win-win cooperation with component and material firms”. The ties between the two Asian countries have long been aggravated by the memory of Japan's colonial rule over Korea from 1910-1945. It is believed that Japanese companies forced prisoners of war as well as local residents into hard labor in the

Japanese military industry during the occupation and throughout World War II. Tokyo's announcement of export restrictions reportedly came in response to recent South Korean court rulings that had ordered Japanese companies to pay compensation to the victims of forced labor during Japan's colonization of the Korean Peninsula. Japan has expressed discontent with the rulings, arguing that matters regarding wartime reparations were already settled. nnn

August 2019

OBSERVER DAWN

Business Outlook

‘Naini’ Coal Block of Odissa to be Operational by 2020

he Singareni Collieries Company Limited (SCCL) of Telangana has sought permissions from the Odissa government for land acquisition to open ‘Naini’ Coal block in the state. In a media release issued by the Mining Company, about 34 crore tonnes coal reserves are available across the region for which, a high level arrangement would be made to open ‘Naini’ Coal block in Odisha. The SCCL Chairman and Managing Director, N Sridhar, spoke to the Odissa Chief Minister, Naveen Patnaik, before meeting the Chief Secretary, Aditya Prasad Padhi, at Bhubaneswar on July 10, 2019 and discussed about the details in this regard. Sridhar explained that in order to meet the demands of the State and Country, the Ministry of Coal has allotted the block situated at Angul district in Odisha to SCCL. The union ministry has also requested the State Government to cooperate with the mining company in issues relating to forest, transfer of revenue lands, rehabilitation and Railway lines. Out of the 912.79 hectares of land required for the mine, 783.27 hectares of forest land along with 129.52 hectares of land belonging to 6 villages were ready and only 14 families need to be rehabilitated. According to the information the mining in Naini Coal Block scheduled to start by 2020. SCCL is making plans for one croretonnes (10 million) coal production, every year from the 34 lakh tonnes (340 million) of coal reserves.Taking a special interest to ensure that the coal block starts on time, Sridhar appointed Vijaya Rao as General Manager. Rao will supervise and monitor the progress of the project every month. Besides, as a part of corporate social responsibility, other activities would be organized in the coal block affected villages like Thalipasi, Kudapasi, Kasidiha, Dourakhaman, Bheem Bhadrapur, Tentuloyi and Gopinadhpur. nnn

Co-Branded Credit Card by Flipkart & Axis Bank

ndia’s third largest Private sector bank, Axis Bank, in association with the giant E-commerce marketplace, Flipkart, has launched an exclusive cobranded credit card. It would be powered by Master Card. The credit card offers its customer utmost benefits and unlimited cash-back as a whole, online and offline. This is the fresh effort from Flipkart, Axis Bank and Master Card in order to improve access to credit and further expand the fast developing credit card ecosystem in India. It has been designed to cater to both credit-worthy citizens as well as the sections of other population, who have not accessed formal credit before through Axis Bank.With plans to open the program for all customers in days to come, the card will now be available for the selected till July. And hence, the customers can also experience a seamless journey with this proposition, from instant card issuance to transaction completion.The Customers would also get best-in-class returns on their card spends via cash back that is auto credited every month in customer’s statement. Noticeably, as part of the industry-leading value proposition, the companies have partnered with renowned third-party merchants across key categories where customers are likely to use credit cards. These include MakeMyTrip, Goibibo, Uber, PVR, Gaana, Curefit and Urban Clap, providing unmatched benefits. At least four complimentary lounge visits across airports in India would be given to the Card holders. This Credit Card will also offer customers extra savings on EMI spends on the Flipkart platform. In a joint statement issued by the Flipkart, the giant E-Commerce market place said, “We believe in putting the customer at the center of all our endeavors, apart from generating shared values for all stakeholders in the ecosystem”. nnn

OBSERVER DAWN August 2019

Specially Designed Air Compressor for Small, Medium Business Units

n a view to provide with an edge to the small and medium scale business units, Swedish industrial company, Atlas Copco, has launched five new specially designed products in the air compressor segment for the Indian market. These new products include piston air compressors, screw air compressors, and on site nitrogen generator series to cater to the growing demands of customers from different sectors across country. The key industry segments which will benefit from these compressed air solutions are food and beverages, cement, textile, foundry & forging, general engineering, metal, auto & ancillaries, paper and many more.This range of new innovative products will enhance customers’ productivity and help reduce energy consumption. The GA 75-110 VSD+ is a variable speed drive oil-injected screw air compressor, which is an ideal choice for fluctuating demands of customer applications and can save up to 50% of energy costs. The G 15-22 and GA 15-22, are fixed speed oil-injected screw air compressors with the revolutionary new screw element. All such products are intended to reduce energy consumption and offer higher uptime and reliability. Atlas Copco’s new NGMs 1-3 membrane technology units offer efficient, compact and simple low-cost on-site solution for low-flow N2 requirements with benefits of minimal maintenance and operational costs. The Atlas Copco Compressor Technique General Manager, Conrad Latham, in a statement said that they were introducing a range of new products built at their state-of-the-art Chakan factory at Pune. On the other hands, the new range of air compressors in piston and screw technologies are a result of Atlas Copco’s continued commitment to work with manufacturing companies to reduce their energy bills in line with the governments focus on energy efficiency. nnn

India Shows Concern Over Trade Deficit with Indonesia

he Union Commerce and Industry Minister, PiyushGoyal, has raised concern over India’s trade deficit with Indonesia. He said that the balance of trade was almost in favor of the Southeast Asian nation, and both countries need to work towards establishment of sustainable trade by diversification in the export basket. The Minister held a bilateral meeting with Indonesian Minister of Trade EnggartiastoLukita in New Delhi. The duo talked on the sidelines of Troika Meeting with ASEAN Trade Ministers. Goyal raised concerns about India’s trade deficit with Indonesia, which stood at USD 10.57 billion in India’s trade deficit with Indonesia during 2018-19. According an official statement, the Commerce and Industry Minister said there is considerable potential for expanding trade in agricultural, automobiles, engineering products, IT, pharmaceuticals, bio-technology and healthcare sectors. Indonesia, with a bilateral trade of USD 21.13 billion in 2018-19, has emerged as the second largest trading partner of India in the ASEAN region after Singapore. Meanwhile, Goyal, emphasized on India’s concern over the import quota restrictions, as being faced by the Indian auto and auto component industries, in Indonesia on Completely Built up Units (CBU). Noticeably, the restricted import quota, as prescribed by Indonesia for Indian vehicles in CBU condition, has adversely impacted Indian exports. This apart the long-lead time taken for regulatory certification of new vehicles has also affected the launch of new products. Further other competitors have better market access advantage over Indian automakers due to bilateral FTA arrangements. The Indonesian Minister however, assured Goyal that he would address this gap. Goyal also requested the Indonesian authorities to allow Indian Origin Frozen Halal Buffalo Meet (FHBM) free and directly to importers/distributors of Indonesia through various important ports, without quotas and restrictions. nnn

August 2019

OBSERVER DAWN

Xiaomi Working on Periscope Lens Smartphone Camera : Report Technology

hinese smartphone manufacturer Xiaomi is reportedly working on a new smartphone with a periscope lens. As per a report by a Chinese publication MyDrivers, citing the company's recent application with State Intellectual Property Office of China with the title 'Camera Components and Electronic Devices', it appeared to be working on a device with a periscope camera. This type of camera design has been used in the past to offer optical zoom capabilities without increasing the thickness of the camera and lens modules. It is not yet known in which of its upcoming smartphones will Xiaomi use this new technology. As it is a premium feature, one can expect it to be used by a high-end smartphone such as the Mi Mix 4. Recently various speculations have also hinted that an upcoming smartphone from the company might use a 64megapixel Samsung ISOCELL GW1 sensor. Of course, as is the case with all patents - it is uncertain whether Xiaomi is just developing this technology, or whether it will actually bring it to an upcoming smartphone. Flagship smartphones from Chinese brands, namely the Huawei P30 Pro₹ 71,990 and Oppo Reno 10x Zoom, have already used a periscope lens to enhance the photography experience. Both the Huawei P30 Pro and the Oppo Reno 10x Zoom have already been launched in India. While the Huawei P30 Pro was launched in India in April priced at Rs. 71,990 for its lone 8GB RAM/ 256GB storage variant, the Oppo Reno 10x Zoom was launched in May priced at Rs. 39,990 for base 6GB RAM/ 128GB storage variant, and its 8GB RAM/ 256GB storage variant was priced at Rs. 49,990. nnn

WhatsApp is Coming up with some Exciting Updates : Sources

acebook-owned WhatsApp is the most popular messaging platform the world over. In a bid to make it easier for users to enjoy the service, the developers keep on launching new features that have quite beneficial values. After successfully introducing Touch ID/Face ID for iOS users and a shortcut for group voice or video calls with a single tap, the messaging service is currently testing two new features that users will highly appreciate. Hide Muted Status: There is a new functionality that’s being tested that allows users to hide the status of certain people in your contact list. When released, users will see a ‘Hide’ option above the Muted Status Update section. If you wish to revoke the unmute option, then you can easily do that by once again going to the ‘Hind’ option to restore the previous setting and will ‘Show’ the status. Frequently Forwarded: When WhatsApp rolls out this feature, you can see how many times a particular message has been forwarded. This particular bit of information will be available just for sent messages and not received messages. Users can view this by heading over to Message Info only for messages they sent. The report states that a message will be marked as ‘Frequently Forwarded’ only when it has been forwarded over four times. As of now, WhatsApp has limited the forwards to just five in India. Dark Mode: This preparation has been going on for quite a few months and this feature has been noticed in a few menus such as Chats list, Calls, Contact Profiles, Group Settings and Statuses. WhatsApp is also believed to be working on dark mode across the app as well as the sharing of statuses from Whatsapp to Facebook. nnn

OBSERVER DAWN August 2019

Apple Working on Foldable iPad with 5G Connectivity

he year 2019 has been all about 5G phones and foldable display phones. We have already seen Samsung and Huawei launching their foldable display phones - the Samsung Galaxy fold and Huawei Mate X - at the Mobile World Congress (MWC) 2019 earlier this year. And now, it looks like another tech giant might be gearing to launch a device that combines both these trends into a single device. Apple is working on a new iPad model that will come with foldable display and feature 5G connectivity. As per the report, the new iPad with a foldable screen will come with a screen size is similar to the current Macbook product lineup, which means that the foldable display iPad when unfolded would open into an iPad that comes with either a 13-inch screen or a 15-inch screen. In addition to that the foldable display iPad would have Apple's latest A-series chipset in its core that the company could launch it as soon as next year. This means that the foldable display iPad is likely to come with either A13 or A14 chipset depending on when the company launches the device, should it decide to launch it in the first place.In terms of the design, it remains uncertain if Apple's foldable-display iPad would come a design that is closer to the foldable display phones offered by Samsung and Huawei or if it will come with a display on each of the folding screens that would also serve as the keyboard. Notably, reports circulating online suggest that Apple will launch a 5G enabled iPhone next year. However, there is no concrete evidence from the company so far. However, reports indicate that a 5G iPhone from Apple isn't expected until late 2020. These reports should be taken with a pinch of salt and we will have to wait until we hear an official word from Apple to know more about the device. nnn

Facebook could add 'Report' Button in the Message Context Menu of Messenger

acebook could be fiddling with the idea of adding a new 'Report' button into the message context menu in Messenger, to help users report individual entries in a conversation. Reverse engineering expert and app researcher, Jane Manchun Wong, revealed this new possible update on her Twitter account with a screenshot revealing the inclusion of a 'Report' button in a beta build of the app. Wong, however, does not find any clues to suggest that Facebook will be adding the button to Messenger anytime soon. While there hasn't been much to dive into just yet, the feature will certainly help Messenger users report individual messages from a conversation instead of having to report the entire conversation. The inclusion of a report button within the app should also ensure a more prompt action from Facebook's end since moderators won't have to work through the entire conversation to find out why the user was reported. The feature should also come handy while reporting a particular message within a group. Facebook, given their current state, will very likely take to their Newsroom to announce the inclusion of a Report button to Messenger, so we will keep you in the loop when the feature does roll-out to users. nnn

August 2019

OBSERVER DAWN

Independence Day

OBSERVER DAWN August 2019

Since time immemorial, women have played vital roles in all-around development in the world. And, India is no more an exception. Right from vedic to the modern era, the unparalleled contributions of women, especially in the socio-economic development of the country cannot be underestimated. Going back to the historicalretrospect, the ancient sculptures, apart from religious or mythological texts depicting the multifaceted roles of Durga, Kali, Saraswati etc, are relevant examples to teach us about the multifaceted roles of women in Indian societies. However, versatile roles of women are still being witnessed in almost all corners of the country.

August 2019

OBSERVER DAWN

Independence Day

Roles of Women – Pre- & Post- Independence

istressed over the gruesome impacts of British Rule for centuries in India, large numbers of women, apart from their male counterparts or other male members of the societies, came forward to protests the ghastly attacks and the cruelties of Britishers on the Indian populations. However, the women gradually emerged as game changers from all front in the quest for independence.

Prior to the Revolt of 1857 In the eighteenth centuries, the women leaders made a significant mark of their valor and will and set the stage for emphasizing that women were in no way willing to be relegated to the backdrop of the freedom struggle. Maharani Velu Nachiyar (1730 – 1796) bravely fought with the British army decades before the 1857 Revolt. She probably remains the only queen to have defeated the British army successfully. Gauri Parvati Bai who was queen of Travancore carried out reforms and emphasized on the need for education of girls thus in many ways helping women elevate from social and educational stigma.

Revolt of 1857 The 1857 Revolt witnessed many stalwart women participants in the freedom struggle that have gone down as legends in the history of Indian Independence. Rani Lakshmi Bai, dressed up as man and fought alongside her battalion bravely against the British army. Begum Hazrat Mahal refused to be bogged down by the Doctrine of Lapse and reclaimed Awadh from the British as well as reinstated her young son as king. However after the fall of Lucknow she had to flee to Nepal. Rani Avantibai Lodhi of Ramgarh, Rani Tace Bai, Rani Jindan Kaur, Jhalkaribai and Uda Devi are other historical women who fought with the British army during the revolt. Besides their strength and courage at battles with the British armies, notable Indian women also paved way for social change. Savitri Bai Phule, the first female teacher in a first women school also opened a school for the untouchables and worked tireless for women rights. Helping her was Tarabai Shinde known for her published work Stri Purush Tulana considered as one of the first modern Indian feminist perspectives.

OBSERVER DAWN August 2019

Women in Early Nineteenth Centuries

During this period, the freedom struggle came into full swing and women from across all castes and classes took the baton of being equally responsible and dedicated to the national cause. Where men of stature, such as, Mahatma Gandhi, Nehru, Subhash Chandra Bose and Chandrasekhar Azad emerged as leaders in their own right, women stalwarts too matched them step to step. In fact, undoubtedly women freedom fighters have made significant contributions to the independence movement and in many ways the coordinated synchronization, between the two, has been an important landmark in the gaining of Indian independence. Sarojini Naidu, often termed asthe ‘Nightingale of India’, was a prolific writer and poet, led from the front in the Civil Disobedience Movement and Salt Satyagraha. She was president of the Indian National Congress and was an outstanding leader for campaigning and leading group of women. Annie Beasant was elected the president of the Indian National Congress and launched the Home Rule Movement. A reformer, labor organizer and strike leader, Annie Besant was also actively involved in educational activities setting up schools and colleges. Bhikaji Cama, who exiled in Europe, was a social worker and a strong nationalist. She unfurled the flag of Indian Independence in Stuttgart Germany along with a powerful speech advocating the right to freedom. Kamala Nehru was in the forefront of the Non – Corporation Movement and organized women in picketing shops selling foreign liquor and cloth. However, when her husband Jawaharlal Nehru was arrested for delivering a speech deemed as ‘seditious’ by the British, she went in his place to deliver it. Vijay Lakshmi Pandit the first women to become the president of the United Nations General Assembly was arrested multiple times for her involvement in the Civil Disobedience Movement. Aruna Asaf Ali played a pivotal role in the Quit India Movement unfurling the flag in Bombay to signify the start of the movement. She edited ‘Inquilab’ a monthly journal of the Indian National Congress and was awarded the highest civilian Kasturba Gandhi worked with Mahatma Gandhi all through her life and was the leader of the Women’s Satyagraha. She was

Vijay Lakshmi Pandit involved closely with her husband in almost all his movements. Usha Mehta, right from her childhood participated in the â&#x20AC;&#x2DC;Simon Go Backâ&#x20AC;&#x2122; movement. Her nationalist spirit and broadcasting for the Congress Radio during the Quit India Movement was really unparalleled. The list can go on, as one after another made her individual as well as collective efforts on the independence movement. Sucheta Kriplani founder of the All India Mahila Congress, Raj Kumari Gupta, who supplied the revolvers in the Kakori operation, Abadi Bano Begum, who motivated crowds in Lucknow from behind her burqa, Lakshmi Sehgal, who headed the Rani Jhansi regiment under Subhash Chandra Bose, Kamaladevi who actively participated in the Non-Corporation Movement, Salt Satyagraha as well as was an eminent theatre personality and promoted native handicrafts and arts, Kanaklata Barua who was shot while leading a procession bearing the Indian National Flag, Parbati Giri who worked dedicatedly for the welfare of orphans, Matangini Hazra who was shot thrice but continued to march with the National Congress Flag chanting Vande Mataram and many more were women of grit, dedication and honor. However, as bright stars shone in the freedom struggle, there were also many nameless women who have in their own way contributed to the movement. The Swadeshi movement perhaps involved the most women who picketed foreign products. When men were arrested the women stepped up and fulfilled and finished their unfinished work. The numerous women who laid down their life at the Jallianwala Bagh, the umpteen women who silently wiped a tear in pride when the men of their family sacrificed their lives- Women as messengers, as supporters, as wives and mothers and as leaders were an integral part of the independence movement. As a matter, our nation needs to remember that our freedom struggle would not quite be the same

Sucheta Kriplani without women. After the Independence, the role of women has evolved with the evolution of the society and a change of thought process. The result being that today it is no big deal if a woman is an engineer, a politician or an Army Major, which were all male-dominated professions at a point of time. Here is a list of women, who either broke erstwhile largely male bastions or created a history in the field of their respective choices. These are:

Vijay Lakshmi Pandit She was not only the first Indian but also the first woman president of the United Nations General Assembly in 1953. Besides, Pandit had served as envoy to the USSR before her appointment to this coveted post. Vijay Lakshmi was the younger sister of ex-Prime Minister Jawaharlal Nehru.

I B Joshi The first woman IAS officer of independent India, Isha Basant Joshi was posted as Magistrate and then as Assistant Commissioner in Delhi, followed by her appointment as Commissioner-cum-State Editor of District Gazette. She retired in 1966. The sad part of her life is that at the ripe age of 96, the lady is spending her last days in the dingy servant quarter of her already sold out ancestral house.

Sucheta Kriplani First woman Chief Minister of Uttar Pradesh in independent India in 1963, Sucheta was a freedom fighter as also one of the few women who were elected to the Constituent Assembly and was part of the subcommittee that drafted the Constitution of free India.

August 2019

OBSERVER DAWN

Independence Day

Indira Gandhi First woman Prime Minister of independent India in 1966, Indira was the daughter of the country’s first Prime Minister Jawaharlal Nehru. She was PM for three consecutive terms from 1966 to 1977 and for a fourth term from 1980 until her assassination in 1984. With the Green Revolution that made India a food exporter to the White Revolution that aimed at combating m a l n u t r i t i o n , Indira’s tenure was also tainted by her clamping of Emergency due to which her career suffered a serious setback.

Reita Faria Reita Faria is the first Indian woman to win the Miss World title in 1966. She serves as a role model for women aspiring for glamour. Reita Faria gave up modeling after her tenure as Miss World ended. She took up medical studies after that and became a doctor.

Maharani Devi

Gayatri

The Rajmata of Jaipur was born as Princess Gayatri Devi of Cooch Behar. She was the third Maharani of Jaipur from 1939 to 1970 through her marriage to Maharaja Sawai Man Singh II. Following India's independence, she became an extremely successful politician and was a 15-time MP. Known for her beauty, she championed the cause of women’s education and uplift. She was also the first to step out of Purdah in her state, paving the way for other women’s freedom.

Kiran Bedi Breaking the shackles of the male-dominated Indian Police Service, Kiran Bedi became the first woman IPS officer of India in the year 1972. She has

OBSERVER DAWN August 2019

worked with the United Nations as the Police Advisor to the Secretary General. Bedi has also received the Ramon Magsaysay Award when she was the IG of Tihar jail. Prior to joining the civil services, Kiran was an Asian tennis champion.

Bachendri Pal This bold Indian from the North-East braved the onslaught of an injury to become famous as the first Indian woman who successfully surmounted the highest mountain peak Mt Everest in 1984. She was also the fifth woman of the world to have achieved this remarkable feat.

Kalpana Chawla First India-born woman to enter space in 1997, Kalpana Chawla’s life ended tragically when while returning from her second mission for 16-days, her space shuttle Columbia disintegrated and killed the 41 year old astronaut

Mary Kom The world champion, M C Mary Kom, is the first woman boxer to be honoured with the Rajiv Gandhi Khel Ratna award. She is also the first boxer alongwith Vijender Singh to be awarded the same. The Manipuri girl also won the Arjuna award in 2004 before being conferred with the Padma Shri a couple of years later in 2006. She is also the International Boxing Association's Ambassador for women's boxing.

Pratibha Patil In 2007, Pratibha Patil, became the country’s first woman President. Prior to this she was also the first woman governor of Rajasthan from 2004-2007. What is noteworthy is that she has never lost an election that she has contested.

Kalpana Chawla

Maharani Gayatri Devi

Kiran Bedi

Fathima Beevi

Padmavathy Bandopadhyay

Naina Lal Kidwai

Fathima Beevi The first woman judge of the Supreme Court, Fathima Beevi was also the first one to be appointed as a judge of the apex court in the whole of Asia. It is an achievement for an Indian woman and a feat indeed for a Muslim woman during 1989. Her accomplishment lay in the fact that she facilitated the entry of other women in the apex court.

Meira Kumar In 2009, Meira Kumar became the country’s first woman and also the first Dalit Speaker of the Lok Sabha and was elected unopposed. An IFS officer by profession, Meira was a Cabinet Minister in the Ministry for Social Justice and Empowerment in 2004-2009. Meira is a five-time Lok Sabha MP.

Sania Mirza Sania Mirza became the first Indian to have won a Grand Slam title when she triumphed in the girls' doubles event at Wimbledon in 2003. She is the country’s highest ranked WTA player also.

Priya Jhingan Erstwhile male bastion the Indian Army was broken by Priya Jhingan-Army’s first woman. In fact she even wrote to the then Chief of Army Staff, General Sunith Francis Rodrigues requesting him to open doors of the Army to the Indian woman. And in the year 1992, the bright young law graduate joined the ‘hard’ profession. Before she retired she said, “It's a dream I have lived every day for the last 10 years”.

Padmavathy Bandopadhyay

With a list of accomplishments to her credit, Padma Bandopadhyay- an IAF officer who rose to be India’s first woman Air Vice Marshal in 2002, Bandopadhyay also served as the first woman Fellow of the Aerospace Medical Society of India and the first Indian woman to have conducted scientific research at the North Pole as also the first woman officer to have completed the Defence Service Staff College course - in 1978 - and to command the IAF's Central Medical Establishment (CME).

Sushmita Sen In 1994, for the first time, an Indian beauty won the Miss Universe crown. The answer to the question of the final round made her immensely popular among people. When asked “What was the essence of being a woman?”, the charming 18year-old replied, “The origin of a child was a woman…. a woman teaches a man what …..caring….is all about…”. This won her the much sought after crown.

Naina Lal Kidwai The first Indian woman to graduate from the Harvard Business School, Naina Lal Kidwai was appointed as the country head of HSBC (India) this year. Kidwai was bestowed with the Padma Shri in 2007and was also in WSJ’s list of world’s top 50 businesswomen. Not only this, the woman was listed as one of the 15 global influential of 2002 by Time magazine. To mark the 73rdyear of Indian independence, it is also important not to harp too much about the versatile roles of women in all around development of the country.

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August 2019

OBSERVER DAWN

Budget Outlook

OBSERVER DAWN August 2019

Union Finance Minister, Nirmala Sitharaman, pronounced maiden budget of Narendra Modi 2.0 Government in Lower House of the Indian Parliament on July 5, 2019. Besides, a series of other announcements, Sitharaman reiterated the plan of the union Government to reach US $ 5 Trillion Economy in the next few years, saying that it was no more a big dream. Finance Minister stressed â&#x20AC;&#x153;Gaon, Garib and Kisan (Village, Poor, and Farmer) is at the center of all policies of this government. Between 2014 and 2019, we provided rejuvenated dynamic CentreState cooperative federalism and the GST Councilâ&#x20AC;?.

August 2019

OBSERVER DAWN

Budget Outlook

2019

UNION BUDGET

Pravin Kumar Mishra

he Union Budget 2019 as presented by the Union Finance Minister, NirmalaSitharaman, is the first Budget of the second phase of BJP-lead NDA Government. The government, through this budget has tried to establish equilibrium between short term as well as long term economy goals of the nation. This union budget has unveiled multiple announcements for the people of all classes like: middle class, rural citizens, farmers,

OBSERVER DAWN August 2019

business class and others. The Government has also kept equal focus on the workers of unorganized sector. The Finance Minister began her first budget speech by recounting the initiatives taken by the Prime Minister, Narendra Modi, in his five-year tenure (2014 â&#x20AC;&#x201C; 2019) at the Centre. During her hours-long speech, the Finance Minister stressed that Indian Economy, which was marked approximately US$ 1.85 trillion till the financial year 2013 â&#x20AC;&#x201C; 2014, reached up to US$ 2.7 trillion, when Narendra Modi-led NDA Government came into power in 2014.

BUDGET SPEECH BY FINANCE MINISTER

Significant announcements made by the Union Finance Minister during the budget speech are as follows: • PAN and Aadhaar will become interchangeable. You can use your Aadhaar number to file your I-T Returns soon. • 5 lakh minimum limit announced for taxpayers. In view of rising income levels, those in the 2-5 crore and 5 crore-and-above brackets will see increase in effective tax rate by 3% and 7%, respectively. • GST rate on electric vehicles proposed to be lowered to 5% additional income tax deduction of Rs 1.5 lakh on interest on loans, taken to purchase electric vehicles. • Additional deduction of Rs. 1.5 lakh on loans up to March 31, 2020 for buying affordable houses, giving 7 lakh benefit to home buyers. • Proposal to provide Aadhaar cards for NRIs with Indian passports, after their arrival in India, without waiting period. • Excise duty on fuel hiked by 1 rupee. • To resolve the angel tax issue, startups will not be subject to any scrutiny in respect to valuation. Funds raised by startups will not require any scrutiny by the I-T department. • TDS of 2% on cash withdrawals exceeding Rs. 1 crore in a year will deduct from the bank accounts, to discourage business payments in cash. Period of exemption for capital gains arising from sale of house for investment in startups to be extended to March 31, 2021. • 70,000 crore in recapitalization for public sector banks. • 1.05 lakh crore disinvestment target for the year. • TV channel to be launched for promoting startups and to help matchmaking for funds. • New national educational policy hopes to transform Indian education into one of the best in the world, with focus on bringing in foreign students. • 50 lakh crores proposed for Railway infrastructure. • By 2022, the 75th year of Independence, every single rural family, except those who are unwilling to take the connection, will have electricity and clean cooking facility. • Stress on zero-budget farming, which is a form of gardening as a self-sustainable practice, with minimum external intervention. • The pension benefit will be extended to 3 crore retail traders under PM Karam Yogi Maan Dhan Scheme. It requires only Aadhaar numbers and bank accounts. • 1 crore worth of loans proposed to MSMEs. • Investment by FIIs and FDIs in debt securities in infrastructure debt funds to be allowed. Minimum public shareholding in listed companies can be increased from 25% to 35%. • Global Investors Meet to happen in India.

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• • • • • • • • •

KEY HIGHLIGHTS ON EDUCATION

The Union Government will bring new education policy to propose changes in school, higher education. Emphasis on upgrading the higher education in India. The higher education will be reformed comprehensively for the substantial end result and promote India as an education hub. The allocation for the education sector for 2019-20 will be more than three times the revised estimates for the previous year. Proposal to set up a National Research Foundation (NRF) that will incorporate research grants by various ministries and identify thrust research areas of national significance. National Research Foundation will receive funds from various ministries and use it to categorize and avoid duplication of research. Creation of ‘Gandhipedia,’ to sensitize youth about the ideas of Mahatma Gandhi. The ‘Gandhipedia’ will be curated and developed by the National Council of Science Museums. Draft legislation for the higher education commission of India to be presented. Proposed “Study in India,” initiative to attract students from foreign countries. National Sports Education Board to be set up under Khelo India scheme. Allocation of Rs 400 crores for world-class higher education institutions in FY20. Setting up of a national sports education board. GoI is committed to expand the horizons of the Khelo India Scheme. FM Sitharaman presses for greater autonomy for academic institutions. India to become an international destination for higher education.

August 2019

OBSERVER DAWN

Budget Outlook

Vision for the decade

1. The Indian Economy was marked at approximately US$ 1.85 trillion when NarendraModi-led NDA Government came into power in 2014. But within 5 years, it reached US$ 2.7 trillion. As suchour plan to reach the US$ 5 trillion inthe next few years is no more a big dream. Ten major highlights are as follows: 1. Building physical and social infrastructure; II. Digital India reaching every sector of the economy; III. Pollutions free India with green Mother Earth and Blue Skies; IV. Make in India with particular emphasis on MSMEs, Start-ups, defense manufacturing, automobiles, electronics, fabs and batteries, and medical devices; V. Water, water management, clean Rivers; VI. Blue Economy; VII. Space programs, Gaganyan, Chandrayan and Satellite programs; VIII. Self-sufficiency and export of food-grains, pulses, oilseeds, fruits and vegetables; IX. Healthy society â&#x20AC;&#x201C; Ayushman Bharat, well-nourished women &children. Safety of citizens; X. Team India with Jan Bhagidari. A minimum Government, maximum Governance.

Significant Schemes For Middle Class

The Indian population being young, it is encouraging more and more entrepreneurs to emerge in India. The Budget has ad-

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dressed the challenges faced by startup ventures by relaxing or clarifying tax ambiguity surrounding this segment. The big focus on startups in the Budget should naturally encourage people, especially youngsters, to look at this as one of the opportunities to build their future as well as the future of India. The Budget thanked people who are genuine tax payers falling under the higher income bracket. However, this Budget did not hesitate to tax them more though they are already paying higher income tax. It appears to me that government has to achieve the right balance between incomes versus expenditure. The Finance Ministerâ&#x20AC;&#x2122;s example of the elephant in a paddy field, drawn from the Tamil Sangam classic, Puranaooru, is really powerful to convey the meaning and the importance of paying tax. The Budget emphasized a number of measures to enable higher tax compliance. Few of the administrative announcements such as bringing HFCs under the RBI fold is a great move. It will bring higher supervision and support from RBI and therefore, timely availability of funds for this sector. As a consequence, even banking related pain-points in this sector may also be addressed.

The Budget spoke a lot about the need for corporate bond market development to ensure availability of funds to all types of borrowers. While this has been the subject under discussion for more than two decades, it appears from the speech that it will get addressed this time around. While the budget has given lots of emphasis on doubling our economy in the next five years, it has also kept the promise of fiscal discipline by keeping the fiscal deficit at 3.3%. This essentially means Government of India will increase focus on higher tax compliance, higher tax growth and different way of rising resources rather than funding growth through government borrowing. Overall, the Budget has covered different needs of the country well, right from the infra development to consumption. It has also addressed some of the recent concerns around financial markets and created a road map for investment in manufacturing in the country through Foreign Portfolio Investors.

Scheme for Farmers

Making some big-bang announcements for rural India, Sitharaman announced zero-budget farming. Under this scheme, the costs of raising the main crop are offset by the income that farmers earn from intercrops. As per this, chemical fertilizers and pesticides would be made through available cow dung and cow urine, jaggery and pulse flour. It's currently in practice in Andhra. Sitharaman also announced up-gradation and regeneration of traditional industries. She said cluster-based methods will be taken-up to make traditional industries more productive. A road construction is going on at a high pace and that 30,000 km of Gram SadakYojana roads have been built using clean technology, thereby reducing the carbon footprint. Over 1.25 lakh km of rural roads will be laid or upgraded in next 5 years at a cost of Rs 80,000 to Rs 1,50,000crore, the FM announced.

Schemes for Businessmen

In a move to cover up most of the Indian companies, the corporate tax rate of 25% has been extended to all firms with an annual turnover of up to Rs 400 crore.

The Finance Minister, during the budget session said, “So far as the corporate tax is concerned, we continue with phased reduction in rates. At present the lower rate of 25% is only applicable to the companies that have an annual turnover up to Rs 250 crore. I propose to include all companies having an annual turnover of Rs 400 crore”. This will cover 99.3% of all the companies. The tax proposals will stimulate growth, incentivize affordable housing and encourage start-ups by releasing entrepreneurial spirit. It will also be geared towards promoting digital economy. Recently, domestic corporations with an annual turnover of up to Rs 250 crore needed to pay 25% towards corporation tax and those with an annual turnover of over Rs 250 crore needed to pay 30% tax. Foreign corporations, on the other hand, need to pay a flat 40% corporate tax on their annual turnover. While, corporations with a net income of over Rs 10 crore need to pay a 12% surcharge, the foreign corporations, will have to pay a surcharge of 2% in case they earn a net income between Rs 1 crore and Rs 10 crore. If the net income crosses that mark, these corporations need to pay a surcharge of 5%. There are about eight lakh companies with a total sales figure of up to Rs 250 crore in India. There are only 7,000 companies across the country that registers an annual turnover of over Rs 250 crore. The Non-Resident Indians (NRIs) businessmen in the Gulf regions have also shown their concerned saying that the government should focus more on job creations. Government has hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals in order to seek gradual growth in the business and reduction in corporate tax, apart from rebates in housing sector, startups and electric vehicles etc. “The first budget of Prime Minister, NarendraModi’s second term in the office, has strongly covered almost all critical sectors. If everything goes well, it will surely boost India’s march towards becoming a $ 5 Trillion economy”, said, Yusuff Ali MA, the Chairman of UAE-based Lulu Group.“They often talk about the new India but the budget seems like old wine in a new bottle. There is no plan for employment generation, no new initiatives”

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BUDGET Budget Outlook

REACTIONS

Experts Views

The Finance Minister’s Budget speech re-iterates the government’s thrust on minimum government and maximum governance. Ramping up infrastructure investments to Rs. 20 lakh crores a year would help India move to the 8% growth trajectory. The proposed Expert Committee will have a critical role to play in channeling long term private capital to meet this need. Resource mobilization through further disinvestment and increase in tax rates, and encouraging banks to take risks in lending to NBFCs through partial guarantees to ease credit ﬂow is likely to have a positive impact.

Shyamal Mukherjee, Chairman - PwC India

Government’s proposal to relax FDI norms for sectors such as media, aviation, insurance, and single-brand retail will attract more overseas investment and boost India as a preferred FDI destination. The government will examine suggestions of further opening up of FDI in aviation, media, AVGC (Animation, Visual eﬀects, Gaming and Comics) and insurance sector in consultation with stakeholders.

Atul Pandey, Partner, Khaitan & Co

OBSERVER DAWN August 2019

Leaders of Ruling Party

“The Budget underlines structural reforms in the agricultural sector and has a road map to transform the farm sector and doubling farmers' income.”

Narendra Modi

“It reﬂects the prime minister's vision, where the farmers would get prosperities, the poor would lead a life of dignity, the middle class will get requirement fulﬁll in order to lead a normal life and the Indian enterprises will get a major boost.”

Amit Shah

Prime Minister

Home Minister

Budget has taken care of all the sections of society. If truly analyzed, the union budget is futuristic and it will certainly bring socio-economic transformation in the Indian societies. It will be success in the Union Government’s mission to take India to $5 Trillion economy. “

The Budget will be proved as the foundation for new India. The promotion of electric vehicles and allied infrastructure was set to transform the economy and logistic sector. It is one of the biggest steps to curb pollution and move towards sustainable development. “

Rajnath Singh

Nitin Gadkari

Defense Minister

Transport and MSME Minister

Leaders of Oppositions

The ﬁrst budget of the Modi 2.0 government was vehemently criticized by the leaders of oppositions in both the houses of Parliament. Soon after the ending of the budget session, sections of the opposition leaders came up with wide-spread criticism. “They often talk about the new India but the budget seems like old wine in a new bottle. There is no plan for employment generation, no new initiatives.”

Kapil Sibal termed the Union Budget as utterly lackluster, nondescript, uninspiring and directionless. The Union Budget seems “vision-less and provision-less.”

Adhir Ranjan Chowdhury

Kapil Sibal

Leader of Congress in Lok Sabha “The economy itself doubles due to the ‘magic of compounding’ in every six to seven years and does not require a prime minister or ﬁnance minister. So please don’t put this pie in the sky before people of the country.

Senior Congress Leader “The Budget 2019 Modi 2.0 Corporates with an annual turnover of Rs. 400,00,00,000 (Rs400Cr) get an income tax break from 30% to 25%. No relief for honest tax payer.”

P Chidambram

Randeep Singh Surjewala

Former Finance Minister

Congress Spokesperson

August 2019

OBSERVER DAWN

UAE, AN Cover Story

‘EMERGING ECONOMY’ OUT OF ARAB WORLDS

OBSERVER DAWN August 2019

ccording to a recent report issued by the World Bank, with the country pushing infrastructure investments ahead of the ‘World Expo 2020’ (also known as Dubai’s Expo 2020), the economic growth that was marked at 2.6% in 2019, is likely to reach up to 3.2% by 2021. It would be supported by the government’s economic stimulus plans, hosting Expo 2020 and improved growth prospects in trading partners. Most significantly, the figures from the World Bank are almost similar to the economic growth projections made by the International Monetary Fund (IMF) in July 2019. For 2019, the IMF’s Regional Economic Outlook has projected 2.8% real GDP growth and 3.3 per cent for 2020 in the UAE. In GCC countries, GDP growth is expected to improve slightly to 2.1% in 2019. The report said the GCC countries have made steady progress in implementing major reforms to attract investors and boost competitiveness, such as easing business licenses, lowering fees, liberalizing foreign ownership, and supporting women and young entrepreneurs. The country has pursued a lot of works in order to attract in-

United Arab Emirates (UAE) is the first and foremost member of the Gulf Cooperation Countries (GCC), as per the chronology. The country has also emerged as one of the fastest growing economies in the world.

vestments, especially in non-hydrocarbon sectors and to encourage non-oil exports, such as: reforming legislation and creating free trade zones with generous incentives for investors. But the Foreign Direct Investment (FDI) inflows have been under-performed with respect to the other emerging markets, the report says. Others include loosening foreign ownership of firms and reducing non-tariff barriers. In addition, the business environment reforms are already receiving high priority in many countries. As per the report, FDI inflows into the region have underperformed that of other emerging markets and developing countries. FDI inflows into the GCC countries stalled in recent years, remaining below 2 per cent of regional GDP in years from 2012 to 2017 with Saudi Arabia and the UAE attracting 80 per cent of the total foreign direct investment. As the fourth edition of the World Bank’s Gulf Economic Monitor highlights, GCC countries must pursue their national reform agendas with patience and perseverance with complementary attention to institution building and capacity development. The report highlighted slowdown of global growth, resumption of monetary policy tightening and slowdown in the pace of reforms as some of the risks and long term challenges facing the region.The World Bank report also called for accelerating human capital formation by adopting a holistic governmental strategy to improving health and education outcomes. The report was released at Abu Dhabi Global Market building in the presence of senior officials from the World Bank as well as from the ministry of finance and the financial center. Based on Oil and Natural Gas Production, the UAE is a mixed free-market economy. The ONG productions have

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contributed more than a quarter of UAE’s Gross Domestic Product (GDP). Over the past 2 decades, the UAE's economic diversification program has led to the rise of several non-oil sectors that now make up a significant percentage of the UAE's GDP. These include manufacturing (12.6 %), Hotels (11.4%), Commerce, Real Estate (9.1 %), Construction (8.6%), Transportation (7.3 %) and Finance and Insurance (6.4%). The UAE also has a strong re-export sector. In other hand, Government services are account for about 11% of GDP. Significantly, the industrial growth has been assisted by the Free Trade Zones (FTZ) like: Jebel Ali in Dubai, often termed as magnets for international firms. In recent years Dubai has succeeded in attracting high-profile technology firms to the emirate's "Internet City," including Microsoft, Oracle, Hewlett Packard and Cisco Systems. However, it must be noted that the real growth and development of the UAE's economy, mainly, depends upon the fluctuation of Hydrocarbon across the world.

UAE’s Economy & Vision 2021

The component, ‘United in Knowledge’ is one of the significant pillars of the ‘Vision 2021’ that is meant to create and maintain sustainable and diversified economy. As such, as per the provision given under - the Vision 2021, the UAE will benefit from a sustainable and diversified economy, flexible in adopting new eco-

nomic models and capitalizing on global economic partnerships to guarantee a long-term prosperity for current and future generations of Emiratis. Developing a ‘Competitive Knowledge Economy’ is one of the significant points in the UAE’s National agenda in the line of Vision 2021. The Government is focusing on the UAE becoming the economic, touristic and commercial capital for more than two billion people. To achieve this, the Government has set 12 Key Performance Indicators (KPIs). These are • • •

• • • • • •

• • •

Non-oil real GDP growth Gross National Income (GNI) per capita Net Inflow of Foreign Direct Investment as a percentage of GDP Global Competitiveness Index Share of UAE nationals in the workforce Ease of Doing Business Index Emiratisation Rate in the private sector SME's contribution to non-oil GDP Global Entrepreneurship and Development Index (GEDI) Global Innovation Index Share of 'knowledge workers' in the labor force Research and development expenditure as a percentage of GDP

Emirates Economy Then & Now …

Basically nomadic farming, date palm cultivations, fishing, pearling and seafaring were among the major sources of economic growth till ‘Oil’ was discovered in early 1950s. However, soon after that the mode of economy changed. And as the time passed, the regional economy of the UAE was mainly influenced relevant sector. These are: Extraction of crude oil and natural gas, Wholesale and retail trade, Repair services, Real estate, Business services, Construction and Manufacturing. With reference to the Economic Report – 2018, as released by the Ministry of Economy, United Arab Emirates, the estimated

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GDP for 2017 rose by 0.8% at real (constant) prices, amounting to AED 1422.2 billion at the level of the state, compared to AED 1411.1 billion at the end of 2016. So far as economic diversification and the relative importance of economic activities in the GDP are concerned, the preliminary estimates indicate that the GDP estimates at current prices of the non-oil sectors amounted to about AED 1092 billion, a growth rate of 3.2% (at current prices) and at a rate of 2.5% at real (constant) prices by the end of 2017 compared to its value by the end of 2016. Contributions of the economic sectors in the GDP growth for the year 2017 @ real prices of 2010 are as follows

Economic sector Sector contribution to the GDP for 2017 (in per cent) Extractive Industries, including Crude Oil and Natural Gas 29.50% Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles 11.70% Financial and Insurance Activities 8.60% Construction and Building 8.40% Transformative Industries 8.30% Public Administration and Defense; Compulsory Social Security 5.80% Real Estate Activities 5.70% Transport and Storage 5.40% Electricity, Gas and Water 3.20% Information and Communications 2.90% Professional, Scientific and Technical Activities 2.60% Accommodation and Food Services Activities 2.20% Administrative and Support Services Activities 1.90% Other sectors 3.90%

Significant features of the Emiratesâ&#x20AC;&#x2122; Solid Economy The UAE enjoyed a stable economy despite large scale fluctuations in oil prices and the global economic recession in recent times. The major factors that played vital roles in maintaining sustainable growth and development of the UAE's economy are: 1. UAEâ&#x20AC;&#x2122;s Strong Financial Reserves

The United Arab Emirates (UAE) has so far success in maintaining its strong financial reserves. The country has a durable banking sector that often makes it a safe haven for investment. In a report released by the International Monetary Fund (IMF), the agency has forecasted that the gross official reserves of the UAE would grow from USD 76.8 billion in 2015 to USD 118.4 billion in 2020. The current account surplus would grow from USD 17.6 billion in 2015 to USD 33.4 billion by 2020. 2. Adequate amount of sovereign wealth fund Sovereign Wealth Fund Institute, Abu Dhabi Investment Authority is the largest sovereign wealth fund in the Middle East and the fifth largest in the world with USD 792 billion.

3. Broad-minded policy of economic diversification The policy of economic diversification has led into impressive development in key sectors such as tourism, air transport, trade, financial services, manufacturing and alternative energy. The UAE has made progress towards ending its economic dependence on hydrocarbons. Oil industries accounted for around 30 per cent of GDP in 2014, down from 79 per cent in 1980.

4. Increased Foreign Direct Investment (FDI) In a report released by the UAE's Ministry of Economy, the Economic Report 2018 the country has attracted about USD 10.4 billion of foreign direct investment during 2017 with an average growth rate of 1.6 % during the period from 2012-2017. Though, it was ranked 1st among the countries most attractive to the FDI in the Middle East and African regions. 5. Strategic location The UAE enjoys a strategic location between Asia, Europe and

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Africa. Thousands of Chinese businesses use Dubai as a hub for trading in Africa. Indian traders use the emirate to access the world. Latin Americans see the country as a launching platform into South Asia. Western nationals use Dubai as a hub for the Middle East.

6. Sustainability in government expenditure Government spending on infrastructure continues to receive a major injection of capital. Abu Dhabi continues to develop the infrastructure required for one of the wealthiest cities in the world. Dubai is implementing new projects for hosting World Expo in 2020; AED 30 billion will be spent on infrastructure at the Expo site and the city. The UAE is also working on the Etihad Rail project, which will offer a significant leap in land transport by year 2021. The country has planned to spend AED six billion on major infrastructure developments across the region including in road networks and federal buildings.

7. Free zones The country has several multi-specialty Free Zones, which offer versatile economic incentives, like: exemption

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from corporate taxes and import/export duties and full foreign ownership with 100 per cent profit repatriation. In 2014, the free zones contributed to almost 33% of UAEâ&#x20AC;&#x2122;s non-oil trade. There are about 45 free zones in the UAE.

UAE and the Islamic economy

Looking after the sustainability in the regional as well as the global growth of UAEâ&#x20AC;&#x2122;s economy, the UAE Government has recognized the importance of the Islamic economic sector, driven by the increase in the global Muslim population, which has been estimated about 1.6 billion. As such, Dubai was the First to establish Islamic banks. It came into existence in 1970s. On the other hands, the Dubai Financial Market (DFM) is the first global Shari'a compliant exchange. According to the third edition of the Global Islamic Economy Indicator (GIEI), which measures the strength of the Islamic economy for 73 countries, across supply and demand drivers, governance, awareness and social considerations, the UAE was ranked second after Malaysia and took the first position in 5 sectors.

Significant PointS •

•

UAE Believes in Motivating Youngsters

The UAE also believes in enhancing the role of young people in achieving a digital economy as the youth are quick to adopt the latest technology. It is to be noted that the UAE is ranked first in the world in the use of information and communication technologies, government efficiency, and coverage of the mobile network in terms of percentage of population. The UAE is proud to have 100 per cent smart phone usage. Enhancing the role and skills of the youth is one of the ways in which the citizens contribute to a digital transformation. nnn

•

The UAE has been ranked first in the Arab world and 7th across the globe, among the 62 countries that were reviewed to gauge their capability to manage their resources for long-term value creation. The UAE holds first position across the globe in 23 indicators including “Government Decisions” and “International Talent”. So far as ‘Ease of Doing Business’ is concerned, the UAE ranked 1st in the Arab world and 11th globally among 190 countries of the world. It was ranked first globally in getting electricity, 2nd in paying tax, 5th in dealing with construction permits, 7th in registering properties and 9th in enforcing contracts. The report was prepared by the World Bank. According to the third edition of the Global Islamic Economy Indicator (GIEI), the UAE was ranked second after Malaysia and took the first position in 5 sectors. The UAE is ranked first in the world in the use of information and communication technologies, government efficiency and coverage of the mobile network in terms of percentage of population.

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India-UAE

fter a multiple exchange of visits by the Ministers or the Government authorities of both the countries, the recent arrival of the United Arab Emirates, Foreign Minister, Sheikh Abdullah bin Zayed Al Nahyan, in New Delhi has brought a fresh hope of rays between the two nations. Zayed Al Nahyan has on July 7, 2019 arrived India and hold discussions with his Indian counterpart, S Jaishankar. They discussed on how to boost cooperation in key sectors, especially trade and energy. However, this is being considered as another part of the strategic relations between the two countries. The UAE minister also called on Prime Minister, Narendra Modi, and participated in a business roundtable. The visit would provide the two sides an opportunity to explore new areas of cooperation to strengthen their comprehensive strategic partnership, sources from the Ministry of External Affairs said. Sheikh Abdullah's visit comes at a time the issue of energy security is high on India's agenda due to the situation arising out of US sanctions on importing oil from Iran.The ties between India and the UAE are on an upswing in the last few years. The UAE is India's third-largest trade partner and fourth-largest energy supplier. The country is also home to 3.3 million strong Indian community, largest in the Gulf region. PM, Narendra Modi, had in August 2015, visited the UAE. The two nations had however decided to elevate their relations to a comprehensive strategic partnership. The prime minister also visited the UAE in February last year. In March this year, as the chair of Organizatio of Islamic Cooperation, UAE invited India as the 'Guest of Honour' at the 46th Council of Foreign Ministers meeting of the grouping in Abu Dhabi. nnn

India-UAE to Boost Cooperation Key on Energy, Trade 38

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Indore–Dubai Direct Flight to Strengthen Business Partnership

he Indian Businessmen in United Arab Emirates (UAE) have come forward with a fresh plan to launch a direct flight from Indore to Dubai. Apart from giving a big boost to the ongoing trade-partnership between the two nations, it would also grow up the confidence level of new comers. The recent developments came into light only after the renowned Indian businessmen, in Dubai and suburban, convened a meeting and hold a detailed discussion in this regard. The committee members, however, held a program and celebrated the occasion. The program organizer, Chandrashekhar Bhatia, a renowned Indian businessman in Dubai, welcomed the flight crew members and other participants. Besides, more than 100 businessmen participated in the program. The program was organized in India Club, Dubai. Amidst, much rejoicing and fanfare, almost a dozen businessmen and professionals were recognized and appreciated for their good works. They were also honored for their cre-

ative efforts in uplifting trade and business between the two nations. Hariom Tyagi, the editor in-chief, Observer Dawn Magazine and Group Editor of Observer Dawn group, is among other prominent members, who were appreciated and recognized for their creative efforts in strengthening the business partnership between India and UAE. Meanwhile, Ashwani Lohani, the Chairman and CMD, of Air India, and the Chairman, India Club, Vasu Saroff, were honored with a memento. In a view to motivate the businessmen communities and the concerned Government authorities, the ‘Observer Dawn’ group organizes ‘India – UAE Business Summit’ every year in Dubai. Besides, growing up the confidence level of the businessmen, the mega event is also meant to enhance business & trades between India and UAE. Like every year, the ‘Observer Dawn’ is all set to organize its – “India – UAE Business Summit and Awards” on September 7, 2019. Entire program would be organized at the premises of Hotel Atlantis, Dubai. nnn

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INDIA-UAE Awards 2019

Business Summit & Awards 2019

fter the grand success of India-UAE Business Summit & Awards over the years, it is time again to celebrate success and excellence in business with the glittering award ceremony - India-UAE Business Summit & Awards 2019. India-UAE Business Summit & Awards is an initiative conceptualized by Hot Entertainment and Media Pvt. Ltd. and Observer Dawn. This prestigious event is powered by KW Group, while OLX Real Estate is the online partner. MSG Advert is the Event Partner for this event, while Success Studio is the Consulting partner. The event will comprise of conference, awards ceremony, investor met, study and study tour, besides providing real networking opportunities. It essentially envisages the process of selecting best business houses with their non-competing product set, operating in India as well as in UAE and reward them so as to boost up their confidence. The major highlight of this event is that the former Miss World, and bollywood actress Ms. Aishwarya Rai Bachchan will be the chief guest. The Minister of Tolerance, Abu Dhabi, UAE, His Highness Sheikh Nahyan bin Mubarak Al Nahyan along with His Highness Sheikh Tahnoon bin Saeed bin Tahnoon Al Nahyan will also grace the event. It will be powered by other dignitaries like Dr. Ibrahim Fujairah, Mr. Mirzan bin Mahathir (Malaysian businessman Executive Chairman & CEO at Crescent Capital Sdn), Mr. Yushuf Ali (Chairman, Lulu Group, Abu Dhabi), Dr. BR Shetty (CEO, NMC Group, Abu Dubai), Dr. Ram Buxani (Chairman, ITL Group, Dubai), Mr. Vashu Shroff (Chairman, Regal Group, Dubai), Mr. Vinod Adani (MD, Adani Group, Dubai), Dr. Harshad Bhai Mehata (MD, Rosey Bell Group, Dubai), Mr. Rizwan Sajan (Chairman, Danube Group, Dubai), Mr. Paras Shadad Puri (Chairman, Nakai Group, Dubai), Mr. Kamal Puri (Chairman, Skyline Universities, Dubai), Mr. Firoz Alana (Chairman, Alana Group, Dubai), Mr. KC Tyagi (General Secretory, JDU, India), Mr. Manshukh L. Mandviya (Union Minister of Shipping and Chemicals and Fertilizer (Independent), India), Mr. Anurag Thakur (Minister of finance,

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State, BJP, India), Mr. Anant Ambani (Reliance Industries, India), Mr. B.D. Singh (Chairman, Badrinath-Kedarnath Trust, India), Mr. Pinarayi Vijayan (Chief Minister of Kerala, India), Mr. Rajesh Chouhan (MD, Bisleri International, India), Mr. Rajesh Gupta (MD, Okaya Group, India), Mr. Kabeer Moolchandi (MD, Seven Holdings), Mr. Shudhir Goyal (MD, Gulf Petro Chemical, Dubai), Mr. D.B. Siroya (MD, Siroya Group, Dubai), Mr. Rakesh Kothari (MD, Riddhi Siddhi Bullion, Dubai), to name a few. This prestigious event will be held on 7th September 2019 in Dubai, UAE. The business conclave, networking with government policymakers are the most powerful means for branding because direct communication with such dignitaries is the most effective method of company branding, marketing, promotion & sale of products, and for future expansion strategy. â&#x20AC;&#x153;The Awardzâ&#x20AC;? is an independent program to recognize and award the renowned and established businessmen, politicians, developers, journalists, professionals and others by selecting them via calling their nomination. A set of process is made, for which a jury of around 8-10 Indian and international members with sound field knowledge, education, experience and values is established for distinct awards for which luxurious events have been done nationally and internationally. This year in Dubai, India-UAE Business Summit 2019 shall meet the past and present. Dubai as a modern and beautiful city with a unique mesh of culture, people and traditions, the city is well elected to be the best city for living in UAE. India-UAE Business Summit 2019 is going to bring the most successful and influential visionaries, developers, manufacture, consumer and business experts and the industry's powerful decision-makers on this international platform for Indian and UAE Business enlightenment. Unprecedented consumer insights, business innovations, and path breaking technologies coalesce at every rendezvous shall transform India and Dubai's business ecosystem.

nnn

"Since time immemorial UAE and India have always been close to each other. Most signiﬁcant is that both of the countries have often oﬀered similar platform to explore their respective trade and commerce to each other"

“UAE and India have long history of friendship. At this stage, celebrating such an occasion like award ceremony is not just good for award; instead it would make our friendship stronger."

HH Sheikh Tahnoon bin Saeed Al Nahyan

HE Suhail Mohammad Al Zarooni

Belongs to Royal Family Abu-Dhabi, UAE

Renowned Businessman in UAE

"The India - UAE and India - West Asia together have created a fresh history by walking shoulder to shoulder in the areas of business and friendship. It would not be exaggeration, if we term Dubai as Mini India."

"At a time when Indian Prime Minister, Narendra Modi, took creative steps like Make In India, which have brought a revolutionary change in many areas like business and economy, the strong presence of participants here in Dubai keeps importance."

Shri K. C. Tyagi

Dr. Ramesh Pokhriyal "Nishank"

National Spokesperson, JDU

HRD M)inister

“Real estate is one of the fastest growing sectors. Most signiﬁcant point is that the incumbent government has brought transparency and clarity in all procedures winning the trust and conﬁdence of businessmen as well as the investors."

Pankaj Jain

Mr. Badal Yagnik

MD, KW Group

MD, Cushman & Wakefield

"All such activities clearly show that we are successful in maintaining our decades -old relationship between India and the UAE. We are also looking for a signiﬁcant amount of investment by the UAE in India in days to come"

"II would like to cite two examples ﬁrst, Abu Dhabi Investment Authority, and the second is EMAAR, another real estate company. So far as opportunities are concerned, I think the opportunity for investments from UAE into India is just starting in many ways."

Mr. Vipul

Mr. Gagan Randev

Consul General of India, Dubai

Director Colliers

"It is ﬂawless and beautiful. I think the way the real estate has been transformed, in such a beautiful kingdom, is indeed astonishing. We have not seen such kind of transformation anywhere else"

" I request the honorable Government to consider over the high expenses in procuring accommodations. If these issues are resolved, the cinema business will deﬁnitely grow between India and UAE in days to come"

Dr. Ananta Singh Raghuvanshi Sr. Director, DAMAC properties

Mr. Gajendra Singh Chauhan Former FTII Chairman August 2019

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Award 2019

Left to Right : Mr. Satish Mapra, Dr. D. B. Siroya and Mr. Rajendra Prasad Jain

Ms. Savita Kesarwani Chairman & Mr. Pankaj Jain MD, KW Group are welcoming to HE Suhail Al-Zarooni

Mr. Vipul Kumar Mr. Pushkin Agha Mr. N.K. Gupta Mr. Sudhir Goel Ms. Ridwana Sanam etc.

Mr. Pankaj Jain & Mr. Girish Saha are standing with eventâ&#x20AC;&#x2122;s guests.

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L to R: Ms. Poja Mutneja Mr. Karan Mutneja HE Suhail Moh. Al-Zarooni Renowned Businessman in UAE, CA JK Tejwani Mr. Arif Ahamad Al-Zarooni and Ms. Khoshi

Mr. Hariom Tyagi Presenting Momento to Mr. Abinesh Singh Partap Mr. Harsh Raj Dwivedi Mr. Dinesh Gaur and Mr. Om Chandel

Presenting Memento to Guests

L to R: Ms. Savita Kesarwani, Chairmain, KW Group Mr. Pawan K. Jain, Director, KW Group, HE Suhail Moh. Al-Zarooni Renowned Businessman in UAE, Ma. UJwal Jain, Mr. Arif Ahamad Al-Zarooni, Ms. Anita, Ms. AishaJain, Ms. Shakshi Jain, Mr. Pakaj Jain, MD, KW Group.

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MOVING TOWARDS A $10 TRILLION ECONOMY: INDIA 2030 Economy

India is at the cusp of a global economic revolution, being one of the fastest growing economies in the world with an average growth rate of about 7%. The projections made by the International Monetary Fund (IMF) state that India is likely to grow consistently at higher rates and continue its economic upswing till 2020.

he NitiAyog (Planning Commission) has projected the Indian economy to grow by an average annual rate of 8% inthe next fifteen years. It believes that India has the potential to become a $10 trillion economy only when its growth rate increases from 7% to 10% annually, which if sustained, can make the Indian economy a $10 trillion economy by 2030. India has emerged as one of the most attractive destinations for doing business. Sustained business reforms over the past several years has helped India jump 23 places to move to the 77th position in the World Bankâ&#x20AC;&#x2122;s Ease of Doing Business rankings 2019. The prime focus now is to secure a place in the top 50 countries by 2022. Achieving the 50th position will be a huge milestone for India as it will further open up the economy by creating plethora of opportunities for doing business in the country. Major Sectors Contributing to the Indian Economy:

1. Information Technology According to data shared by Nasscom, the Indian IT & BPM

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Industry is expected to reach $ 350 billion by 2025. The domestic software market presently values at $ 4.8 billion with expected Compound Annual Growth Rate (CAGR) of 10%. Technology will be the most critical pillar of the Indian Economy in 2030. Products being the major driver of growth in the next decade, role of mobile companies and telecom providers is indispensable. In 2017, India accounted for 500 million internet users. This number is expected to reach 850 million by 2025 which is more than the combined population of G7 Countries with 75% of the users comingfrom tier 1 and tier 2 cities. To make this look more staggering, the number of smartphone users in India will reach 1.2 billion by 2030. Taking a sector wise look at major tech industries would further show the massive impact the economy is going to see in the next decade.

ARTIFICIAL INTELLIGENCE In order to rank in capacity building to adopt the technology for public service delivery and exploit its innovative potential, the NITI Aayog is on the planning stage to develop a framework for

artificial intelligence (AI) readiness index. It has proposed a funding ofRs7,500 crore over 3 years for creation of cloud computing platform called AIRAWAT and research institutes. This is expected to add $957 billion to India’s GDP having annual growth of 1.3 percent points by 2035.IT SERVICES IT services marked the inception of Information technology in India with likes of Infosys, TCS, Wipro, HCL and others generating tons of revenues and jobs. IT services is considered to be one of the major sectors contributing towards economic development, keeping in mind the burgeoning demand for digital services and solutions. According to IBEF, in 2018-19 export revenue from digital segment reached $137 billion forming about 20 per cent of the industry’s total export revenue.IT services exports are projected to add $10 billion during the fiscal year, to touch $ 126 billion. The industry is expected to grow to $ 350 billion by 2025 and BPM is expected to account for $ 50-55 billion out of the total revenue.

incomes by 5 to 30%.

HEALTHCARE Recent years have seen significant traction in healthtech in India. According to Nasscom, the Indian healthcare market is valued at $1 billion and is likely to grow 1.5 times by 2020. The healthtech saw a total funding of $ 302 million in 2017 across 55 deals.

EDUTECH Edutech will play a pivotal role in educating the next billion workforce. According to a report by Kpmg+google, Online education industry will be a $1.96 billion industry by 2021. The report finds that the paid user base will grow 6X from 1.6 million users in 2016 to 9.6 million users in 2021.

2. Entrepreneurship E-COMMERCE The Indian e-commerce industry has undergone major transformation and witnessed significant growth in the past few years. With a CAGR of 30% , the e-commerce market is projected to grow to $ 200 billion by 2026. Much of the growth in the industry has been triggered by the ongoing wave of digital transformation in the country. Technology driven innovations like digital payments, hyper-local logistics, analytics driven customer engagement and digital advertisements are the major reasons for changing preferences of Indian consumers towards online shopping. Apparel is the largest category for online retail, followed by consumer electronics, and computer hardware. Besides these, grocery, beauty and cosmetics, home appliances, and furniture are also popular categories among online shoppers. The Indian e-commerce industry is expected to continue its growth trajectory to become the 2nd largest in the world by 2034.

FINTECH With majority of the population still devoid of banking and insurance, the sector is going to be huge boost to economic development of the said population and the economy as a whole. According to Mckinsey Global Institute, as many as 300 million Indians could gain access to banking services and raise their

The Indian Startup Ecosystem has become sector agnostic, vibrant and multi dimensional in terms of solving problems both for consumers and businesses, generating employment and creating globally acceptable products. Global Investor giants like Softbank, Alibaba, Tiger global, Tencent and other hedge & Venture Capital firms are aggressively placing bets given the size of Indian market, internet and smartphone penetration. The credit also goes to Indian Unicorns like Flipkart, Ola, OYO, Zomato and Paytm conquering the market and inspiring the young guns. According to NitiAyog, India is expected to have about 1 lakh startups by 2026 with an investment of approximately $ 400-$ 500 billion. The Government has also shown promise, speed and urgency in respect of making efforts, framing policies and taking initiatives to bolster the startup ecosystem. Startup India, Pradhan Mantri Mudra Yojana and Stand up India are some key policy initiatives taken in this respect.

PRADHAN MANTRI MUDRA YOJANA With the purpose of ‘funding the unfunded’ in a bid to social and economic development, the Mudra Yojana was launched on April l 8, 2015 for providing loans up to Rs.10 lakh to the non-corporate, non-farm small/micro enterprises. The Yojana is

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Economy

targeted to aid semi-skilled, unskilled and youth from tier 3 towns & villages who are willing to do business but are devoid of financial and technical and liasoning support.

STANDUP INDIA Standup India scheme endeavors to create a conducive environment which works to provide support by helping them set up enterprises, obtain loans, and avail general day to day support in doing business.

3. Infrastructure A rapidly growing economy, increasing urbanisation, and a government dedicated to bolstering the infrastructure of the nation- India is on its way to cementing its place as one of the world’s biggest construction powerhouses. The sector currently employs 44 million people and contributes 9% to India’s GDP. India needs about $ 1.5 trillion investment in the infrastructure sector in the next 10 years. Under Union Budget 2019-20, the Government has allocated US$ 63.20 billion to the sector.

REAL ESTATE The Indian real estate sector has transformed significantly over the decade. Indian Real Estate market is projected to become the third largest sector globally, touching USD 1 trillion by 2030. A survey conducted by KPMG in association with Naredco and APREA revealed that the India has consistently improved upon its global real estate ranking since 2014. The sector is estimated to grow to $ 650 billion by 2025 and surpass $ 850 billion by 2028 to touch $ 1 trillion by 2030.

ROADWAYS The highways sector in India has been at the forefront of performance and innovation. With a total road network of 5.5 million km, India has the 2nd largest road network in the world. The Government of India has decided to invest Rs 5.35 lakh crore (US$ 741.51 billion) for construction of new roads and highways by 2022.

Organisation (RDSO), which is the research arm of Indian Railways, in order to have digital and transparent systems and procedures.

4.Education Education is one of the fundamental constituent of Socio Economic Development. No nation can achieve sustainable development without investing in education as a service and as infrastructure. By 2020, the average age in India will be 29 years, Europe at 45 years, China at 35 years, and the US at 31 years. India has over 250 million school going students, more than any other country. It also has one of the largest networks of higher education institutions in the world. India has 903 universities, 39,050 colleges and 36.64 million young people in college. Close to 80 lakh graduates pass out of colleges every year. By 2030, there will be close to 70 million young people in colleges, making it the largest college going population in the world. India’s higher education segment is anticipated to increase to $ 35.03 billion by 2025.

5. Energy Given the 1.3 Billion Population, it is needless to say what role Energy Sector has to play in India. Major concerns in the energy sector have been more about wind and solar which h a v e remained untappedsince 70 years mainly on the reasons of political discipline and resources at disposal, both financial and technological. As evident from commitments made in Paris Climate accord, the Government is committed to increase the use of clean energy sources and promote green energy by reducing the emissions intensity of GDP by 33%-35% below the 2005 level and increase the share of non-fossil fuels in total capacity to approximately 40% by 2030. Renewable energy sources have a combined installed capacity of 62.85 GW, pegged at around 18.8% of the country’s total energy capacity. The Cabinet Committee on Economic Affairs (CCEA) has approved commercial coal mining for private sector and the methodology of allocating coal mines via auction and allotment, in order to prioritise transparency, ease of doing business and ensuring the use of natural resources for national development.

6. MSME RAILWAYS The Indian Railway network is growing at a healthy rate. India has the world's third-largest railway network under single management. A ‘New Online Vendor Registration System’ has been launched by the Research Designs & Standards

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Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play a crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also

help in industrialization of rural and backward areas, thereby reducing regional imbalances and assuring more equitable distribution of national income and wealth.MSME sector contributing a mammoth 50% to the GDP is regarded as the backbone of the Indian Economy. SMEs are expected to be a $ 25.8 billion by 2020. Owing to MSME, India is expected to have the largest job-market ready youth population in the world by 2020, the sector is sure to support India in improving its financial inclusion and mitigating the rural-urban divide.

7. Make in India There has never been a better time for ‘Make in India’. Since the launch of this campaign in 2014 the obsolete and restrictive framework of the past have been abolished and replaced with a more transparent and user friendly system that focuses on driving growth and establishing a New India. It is intended to increase the share of manufacturing to 25% of GDP and Make in India is a critical initiative to achieve this objective. The primary objective of this initiative is to attract investments from across the globe and strengthen India’s manufacturing sector. It is being led by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, Government of India. The Make in India initiative is built on four pillars, namely: New Processes, New Infrastructure, New Sectors & New Mindset. The focus of Make in India programme is on 25 sectors. These include: automobiles, aviation, chemicals, IT & BPM, pharmaceuticals, construction, defence manufacturing, electrical machinery, food processing, textiles and garments, ports, leather, media and entertainment, wellness, mining, tourism and hospitality, railways, automobile components, renewable energy, biotechnology, space, thermal power, roads and highways and electronics systems. The government hopes to create 100 million new jobs by 2022, thereby giving a push to the Indian manufacturing sector and to provide them with a stronger role in domestic job creation. India is expected to become the world's fifth largest economy in 2019, reaching a total GDP size exceeding $3 trillion, and overtaking United Kingdom and by 2025, Indian GDP is expected to surpass Japan, which will make India the second-largest economy in the Asia-Pacific region.

8. Digital India India has chartered a unique path to digitisation and its impact is inclusive, empowering and transformative. It is emerging as a hub for ‘Digital Skills’. The Digital India initiative was established as a flagship program to transform India into a digitally empowered society and knowledge economy. The

Campaign envisages a $ 20 billion investment covering mobile connectivity throughout the country, re-engineering of government process via technology and enabling e-delivery of citizen services. India has the 2nd largest internet subscriber base in the world with approximately 500 million users. This number is projected to increase to approximately 850 million users by 2025, which is more than the combined population of G7 countries. Digital India program has the potential to provide an incremental 20-30% increase in India’s GDP by 2025.

Conclusion It is a new dawn for India and currently the trend is set on IT sector, followed by infrastructure. However, the new surge in entrepreneurship, education and renewable energy will create a great impact on GDP in the next decade. The Indian e-commerce sector is also expected to go US$ 200 billion by 2026 from US$ 38.5 billion as of 2017. The e-commerce industry has been directly impacting the Micro, Small & Medium Enterprises (MSME) in India by providing means of technology, marketing and giving small businesses direct presence both domestically and globally along with a favorable cascading effect on other industries as well. The Indian e-commerce industry has been on an upward growth trajectory and is expected to surpass the US to become the second largest e-commerce market in the world by 2034. The Government initiative that has made the maximum impact on the Indian economy is ‘Make in India’. GDP contribution by each sector has improved significantly. The sectors have become more open for Foreign Direct Investment, with 100% FDI being permitted across key sectors . The initiatives and schemes have majorly relaxed government regulations and processes, leading to Improvement in Ease of Doing Business rankings. With its invigorated efforts towards an energy efficient future, India’s renewable sector is attracting a lot of innovation and financial support. The strong industrial base, rapid digitisation, young population, growing infrastructure, resilient startup ecosystem in confluence with determined Government reforms will take the Indian economy to $10 trillion and amongst the top three in the world. As India continues to sharpen its focus and achieve its targeted milestones across sectors, it is bound to become one of the most lucrative markets in the world. Attracting investment and business opportunities, it is already creating an impact on the world economy. India, today, stands at a precipice of infinite possibilities. We are hopeful that with continued impetus on growth from both the private and public sectors, India will continue to rise in its economic revolution.

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About the Author The Author is an entrepreneur par excellence, a philanthropist and a great visionary. He is the leader of Indo European Business Forum (IEBF), India; the Founder Chairman of SARC & Associates, Life Member of Delhi & District Cricket Association (DDCA) and National Sports Club of India (NSCI). He is also a Fellow Member of the Institute of Chartered Accountants of India (ICAI) Fellow Member of the Indian Council of Arbitration; Full Member of the Institute of Certified Public Accountants of Uganda (CPA-U).

Mr. Sunil Kumar Gupta Leader - India, IEBF

August 2019

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Events

ASSOCHAM Organizes National Summit on

‘Issues & Growth’ of Real Estate

nline approval of buildings & extension of ‘completion certificate’ would be among the major facilities for the citizens across the nation in the year 2019. The Union Government has invited comments from all the stakeholders and states on The Model Tenancy Act, 2019 and will take it to the Union Cabinet as soon as possible, said DurgaShanker Mishra, the secretary, Ministry of Housing and Urban Affairs, Government of India. Mishra was addressing the audience during hours-long national summit of realtors at the premises of Hotel Le Meridian in New Delhi on July 12, 2019. National Summit of Real Estate in India on “Issues and Growth Strategies” was organized by the ASSOCHAM. “As of now we have uploaded draft on our website for 21 days to invite comments, we have sent it to states and we are expecting their comments within 15 days, thereafter we will re-examine everything and will take it to the Cabinet,” said Mr Mishra in his inaugural address at an ASSOCHAM Real Estate Summit. He added, “The Model Tenancy Act, 2019 once finalised and after Union Cabinet’s approval, will be shared with all the states, we have signed an MoU with all states under the Housing for All programme, as per which states would either amend their Acts or make a new Act. All the states are ready and they are awaiting this Model Act as it will be beneficial for them.” The proposed law, said Mr Mishra, promotes a balanced, transparent and accountable relationship between the renter and the rentee based on the rent agreement. “This will give a boost to the rental market.” The secretary also said that the facility for

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online building approval and completion certificate provided by urban local bodies (ULBs) would be made available in all cities across India within this year itself. “We are trying our level best to ensure that within this year this seamless facility is extended across India through ULBs so that when you apply for building permission, you get the approval within 30 days and if you apply for completion certificate, you get the approval within 15 days,” he said. Mishra added, “Online building permission system is as of now in 1,705 cities and in 11 states it is 100 per cent and we will spread it across all cities in India by end of this year.” He stated that it will be a single-window system which would provide seamless facility and allay problems of people in terms of going to different places to seek permissions. He also said that new houses are being constructed under various government schemes using different kinds of modern technologies and the Ministry of Housing and Urban Affairs is making efforts to further promote low-cost construction technologies. “I have directed my team to very soon organise an exhibition to showcase how people across India have come up with various low-cost technologies to construct single or double storey houses to reduce the cost of construction leading to judicious use of resources,” said Mishra. Lauding the efforts of real estate industry, the secretary said that realty sector is the key player in progress and transformation of country into a ‘New India,’ which is clean, free of corruption, without any type of indiscrimination and is full of hope and aspirations. Besides, considering the importance of the sector in terms of

contribution to the GDP, employment generation and other aspects, the government in the past five years took various decisions on policy front, programme and scheme levels and will further take steps in next five years, as efforts are still to revive this sector. On the Real Estate Regulatory Authority (RERA), he said that it has ushered in accountability, transparency and honesty in real estate sector. “We came up with a new law RERA in 2016 which is equally beneficial for all stakeholders be it homebuyers, builders, real estate agents and even the government. We are thinking about making amendments to this law as many people approach us in this regard.” In his address at the ASSOCHAM summit, MP and India’s

Sherpa to the G20, Mr Suresh Prabhu said, “Real estate is the only sector which can link manufacturing and services, and has the potential to provide huge job opportunities.” Amid others who addressed included PinakiMisra, MP, Tarun Kapoor, vice-chairman, DDA; DrSamantak Das, chief economist and head-Research & REIS India, JLL, DrNiranjanHiranandani, senior vice-president, ASSOCHAM, PradeepAggarwal, chairman, National Council on Real Estate and Urban Development, ArpitGoel, Co-chairman, DrNehaBerlia, Co-chairman and Col, SaurabhSanyal, deputy secretary general. Noticeably, ASSOCHAM initiated its endeavor of value creation for Indian industry in 1920. It was established by promoter Chambers, representing all regions of India. nnn

CPWD Officials Observe 165th Anniversary

“Quality & Punctuality in construction, adoption of new technologies, completion of projects on time, taking over new projects and implementing new policy initiatives are among other major achievements of the Central Public Works Department (CPWD) for the past few years.” These were the words of Prabhakar Singh, the Director General, Central Public Works Department. Singh was talking to the media persons during a program organized to mark the 165th anniversary of CPWD. “In order to encourage use of new, clean and green technologies in construction, the CPWD has adopted sixteen new innovative technologies in its works”, Singh said. He added that with new approach and work culture, the department had transformed itself into a modern, efficient and delivery oriented organization. Many new clients have reposed their faith in CPWD and a number of Memorandum of Understanding has been signed with them for the execution of their works, Singh stressed. Dwelling upon the work performance of CPWD, Singh said that the value of works and projects, newly sanctioned works and those in pipeline is to the tune of Rs.1,50,000 crore. Over 2000 works amounting to Rs.40, 000 crore are in progress. Workload during the year 2018-19

increased by about 16 per cent as compared to the workload of previous year. During last one year major works completed include Samadhi Memorial ‘SadaivAtal’ in New Delhi (completed in 42 days), ‘National Salt Satyagraha Memorial’ at Dandi, Gujarat, Underpass and Flyover project at Mahipalpur, New Delhi and many other projects and buildings. Major works targeted to be completed during the year 2019-20 include Supreme Court Building Extension, Atal Akshaya Urja Bhawan and Museum in Prime Minister’s Office of India, New Delhi and number of other projects in various parts of the country. Many new clients have come forward to sign up Memorandum of Understating (MoU) with CPWD for the execution of these works. Works like AIIMS in Jammu & Srinagar, Super Specialty hospital, Bhagalpur, Bihar, Super Specialty Block, RML Hospital, New Delhi, IIM Jammu and others are among other major projects. Besides, an MoU has also been signed with the Reserve Bank of India (RBI) in order to execute these works in next 10 years. nnn

August 2019

OBSERVER DAWN

Unravelling the Crisis of Democracy Worldwide Political

democracy turns to be illiberal when its citizens elect a leader democratically to function authoritatively for the furtherance of their not-so-liberal interest,mostly aimed at a target social or ethnic group existing in democracy much to the dislike of the majority stakeholders of the society. The symptoms of an illiberal democracy may be visible as authoritative or corrupt political leaders, a weak judiciary and corrupt political parties. But on the contrary, liberal democracies are those where group and individual liberties prevail and private individuals and civil society work within an autonomous sphere, with no hindrances. “The People v Democracy”, YaschaMounk of Harvard University has reiterated the thought; time and again that liberalism and democracy are separable. There is a visible trend that Voters favour electing a government that would restrict the rights of a measly minority. For example, Hungary, when communism collapsed in 1989, under successive governments, became fully democratic, and followed a liberal political course initially at a pace that was similar to other Western European nations. But it is uncanny how things can change. In recent times, the leader of the Fidesz party and Hungary’s Prime Minister, Viktor Orbán, took up the decision of distancing his country from the liberal values that most EU nations share. He served his second consecutive term in office. In April 2010, he acquired power with an electoral victory which helped him to achieve two-thirds of a supermajority in the parliament; with the help of two handy enemies: the Muslim hordes and the liberal

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elite who wanted to let them in. Mr. Orban built a fence that largely stopped the flow of refugees. But still, he continued to play up the threat. Together with the smaller Christian Democratic People’s Party, which served as a minor coalition partner, Fidesz secured 263 of the 386 seats and 52.7% of the national vote in the parliament. Old checks were curtailed and the Constitution was rewritten by Orbánand since then and he balances these with no concern for the objections of the opposition. Orbán did many other things as well—he lowered the retirement age of judges to facilitate the entry of his own appointees; he staffed independent institutions with his party supporters and purged the bureaucracy of non-loyalists; together with voting rights, he boosted nationalism by granting citizenship to ethnic Hungarians in neighboring states; he nationalized private pensions; he attacked civil society organizations and often denounced them as foreign agents; and he also restricted media freedoms. He drove his government to raid NGOs that received funds from Norway in early 2014; he even accused one group known as Okotars that they were channeling money to the members of an opposition party. During the recent times, Orbán made his government turn against the refugees and a law was passed by him, which threatens to shut down a university of international reputation; this university was established by the Hungarian-American liberal philanthropist George Soros. A seemingly harmless inclination typically leads to the declination of democracy. It always starts with a crisis followed by voters backing a charismatic leader who promises to save them. Second, this leader finds potential threats and enemies. Third, he thwarts independent institutions that might cause hurdles in his way. Fi-

nally, he twists and bends the rules to make it harder for the voters to dislodge him. As the first three stages pan out, democracy manages to remain intact. But it begins to lose itself somewhere at the final stage. Carl Schmitt, a pro-nazi political theorist gave the concept of Enemy of the Political. He made a very important distinction. Those not on our side and disagreeing with us are enemies. And for the survival of the state- enmity had priority over friendship: In doing so, Schmitt reduced all politics to war. And the irretrievability of the enmity lets it grow into a rivalry. Now picking the right enemies and posing them as the ultimate threat to the majority stakeholders of the nation-state is crucial. They say that one should be careful while choosing friends and more so while picking enemies. And this can’t be more relevant than in the case of politics. Written in the Summer 1993 issue of Foreign Affairs, Samuel Huntington’s ‘The Clash Of Civilisations’ still continues to be a though proving a piece of writing. Its emphasis on civilizational fault lines and torn nations appear to be much more relevant than ever. Huntington argued that post-Cold War, political conflicts would largely have a cultural basis. And Islam due to its around the globe presence will rise up to be a common enemy of the west. The in-depth reading of the soul-stirring piece makes one realize how Islam and its followers have been made into the common and most convenient ‘enemy’. Then they transform into a demolishing squad of the independent institutions which are said to serve as the pillars of democracy but all in the garb of defending the identity of the voters, their essence, values, and religion. Their campaign starts out with a positive agenda;by forging a cardinal relation with their vote bank on the basis of their cultural affinities and common interests andby favoring group rights over individual liberties, a legacy of the left.The primary target being the Judiciary, case in point Poland and the Philippines, where the ruling party passed a law in December forcing two-fifths of judges into retirement and Mr. Duterte forced out the chief justice of the Philippines, who had raised a voice against his arbitrary use of martial law. The media

comes in next. The Despot, in desperate attempts to create a favorable field, puts its own favorable man in a position to control the broadcast. Information that doesn’t align with his or her version of that truth is accused of being a lie and the outlet of information which is not subservient to the chair is made to appear as a lie-monger. Quite unlike the autocrats of the past, they don’t ban the independent media. They burden them with taxes and fines in a way that the ownership of these agencies is transferred to the blue-eyed boys of the chair. So was done by Mr. Putin in Russia, and is now widely copied. In Turkey, the last big independent media group was sold to a friend of Mr. Erdogan. An influential person can emasculate every prominent institution with the help of courts, media and the armed forces. A textbook example of this is debarring the opposition, such as in the case of Turkey. Or altering the legislature (as in Venezuela, where the government staged a feint election on May 20th). The United States of America once witnessed an uprising by the ruled, in order to promote democracy. But by banking on the grievances of the majority against a common enemy namely the migrants (a very good choice as they don’t even have voting rights) it now has a president who unabashedly claims to admire Vladimir Putin and declares to have a “special bond” with Kim Jong Un. China, for instance, had grown out of the clutches of dictatorship after the death of Mao Zedong. But it seems to be falling in the same trap again by vesting all its power in Xi Jinping, whose term limits as president have been removed. There is a long list of countries following the trend. The global righting uprising for the satiation of the populace, which is made to feel it has been wronged is a phenomenon very few remain untouched by. Learning from history and from the mistakes of others is a trait of the intelligent. This attempt of mine is not directed at any person living or dead. It just is an objective record of what the eyes can see and the mind could gauge from around the world. Any resemblance to any person or event in our country is purely coincidental . nnn

About the Author A lawyer by training. A crusader by choice. Living by the idea of “sirf hungama khada karna mera maksad nahi, meri koshish hai ki soorat badalni chahiye.” I feel my true calling is to work for the week and oppressed. To utilise my knowledge of the legal system as means to benefit the man standing on the last step of our society.As far as formal education is concerned i have been lucky to attend several esteemed institutions like La Martiniere Girls’ College, Lucknow; D.P.S Noida and National Law University, Delhi.

-Advocate Ishanee Sharma

August 2019

OBSERVER DAWN

Digi-Hacks

How to Boost Your

Organization's LinkedIn Page

ou already know the importance of optimizing your website so that it shows up near the top of relevant search engine results. But, did you know you can also consider SEO for your company’s LinkedIn Page? If you put in the effort to complete and optimize your LinkedIn, you’ll want it to be found. These brand hubs on LinkedIn provide an excellent opportunity to tell your story, highlight your employees, and share useful content.You can increase your odds of showing up in the right web searches by following a few simple practices. Read on to uncover the best ways to improve the SEO of your LinkedIn Page.

LinkedIn Page is also a very functional and flexible marketing tool. Through consistent posting and audience engagement, you can build a centralized community on the world’s largest professional network and encourage employees to participate in spreading the word. LinkedIn is distinct from other social platforms on the web due to its professional nature, which creates a sense of trust and credibility for your Page. As such, it’s no surprise that 80% of B2B social media leads come from LinkedIn.

How To Boost the SEO of Your Company’s LinkedIn Page

More traﬃc to Your Linkedin Page This is fairly self-explanatory but worth mentioning. When you power up your Page’s SEO, you increase your odds of being discovered not just by members using LinkedIn, but also by relevant web searchers you might’ve missed otherwise.

When you want to learn about something online, what’s the first thing you do? Probably run a quick search. You’re not alone. Google processes an estimated 3.5 billion searches each day. Needless to say, this is a key source of inbound traffic. And you can expand your brand’s search footprint by enhancing the SEO impact of your LinkedIn Page.

Why Your Company Needs a LinkedIn Page? Not only does it serve as a second company website of sorts, offering up information about what you do and why, but the

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Benefits of Making Your Company’s LinkedIn Page SEO-friendly Here are a couple reasons why it’s worth investing the effort to continually optimize your LinkedIn Page for SEO:

focused User Experience The natural result of crafting LinkedIn Page content around keywords and terms that are important to your business is that these themes will become all the more clear to readers. And the themes will be expressed in a language that your visitors are already using, meaning it will make more sense to them. Now that we’ve established the why, let’s dive into the “how”

when it comes to improving your LinkedIn Page’s SEO visibility.

How To Use Keywords to Optimize Your Company’s LinkedIn Page First things first: Identify and use keywords. You’re probably familiar with keyword optimization as it pertains to website development or content creation, but how can keywords make your LinkedIn Page more discoverable?

What Are Keywords? Keywords are the words and phrases users are searching for online. They’re what your audience members type into Google and other search engines in hopes of finding helpful results. They’re how normal people talk about things related to your business, so keep this in mind as you enter the discovery phase. Sometimes, what people are searching for is not what you call your products or services. To determine which keywords should be featured on your LinkedIn Page, think about your key offerings. Your industry, location, and specialties are all important keywords to make prevalent throughout your LinkedIn Page. There are a number of tools you can use for keyword research including Google Search Console/Keyword Planner, Moz Keyword Explorer and SEMRush.

Mission. How do we create that future? Values. Who are we? How do we work? Positioning. What makes our brand different? Tagline. Our brand summed up in one line. Products/Services. Here’s what we provide. Link to Your Website Chances are, the bulk of the information users are looking for on your LinkedIn Page also exists on your website. After all, for most brands, your website serves as the primary resource for existing and prospective customers, vendors, and employees. Include your website URL on your LinkedIn Page to drive traffic to your site. add other company Details Completing your LinkedIn Page in its entirety helps users find your company with ease. Additional company details — like size, industry, and specialties — help paint a complete picture of your organization. And, companies with complete information see 30% more weekly views.

How To Add Compelling Imagery to Your LinkedIn Page Last, but not least, think about the imagery included on your company’s Page. A complete LinkedIn Page includes a logo and banner image. Members are likely to move on quickly if they’re met with a bland and generic display.

Why Are Keywords Important for SEO on LinkedIn? LinkedIn Pages are crawled by search engines, so if you aren’t making your target keywords prominent you might be missing an opportunity. And it’s not just about technical SEO — you always want to provide clarity for a curious user. For example, Google will display up to 156 characters of your page text in its search results, so we recommend including relevant keywords at the very beginning of your company tagline, helping the search engine and its users quickly understand what you’re about.

Banner image This image takes up a considerable amount of space at the top of your company Page, so use it to your advantage. Recommend specs for you LinkedIn banner image are 1536 x 768 pixels.

How to Incorporate Keywords in Your Tagline?

Update Frequently to Keep Google in the Loop

Consider this small patch of real estate underneath your banner to be your company’s “elevator pitch.” You want to convey, as quickly as possible, what you do and who you serve.

Not only do regular updates to your Page help maintain visibility with your followers, but they also can assist your ranking on Google. Consistent fresh content gets indexed and helps the search engine recognize your Page as an active and valuable source of information.

How To Optimize Your LinkedIn Page ‘About’ Section Once you’ve optimized your brief tagline, you can turn your attention to the ‘About’ section, which includes a longer-form overview of your business as well as details like the size of your company, the industry you’re in, your specialties, and your website URL. Write a Strong ‘about’ Section With relevant keywords in mind, work to craft an engaging overview that answers questions your audience might have. We recommend the following framework for this area: Vision. What future do we want to help create?

Logo Your company logo is displayed next to your company name. The standard logo size for LinkedIn is 300 x 300 pixels.

Get Discoverable with an SEO-Friendly LinkedIn Page To make the most of your presence on LinkedIn, it’s important that your company LinkedIn Page can easily be found. By filling out your company’s LinkedIn Page in its entirety, including relevant keywords in your company description, and adding compelling imagery to your profile and shared content, your LinkedIn Page will be positioned for valuable search rankings.

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August 2019

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Food & Diets

Eating Dates Offers

Unprecedented Health Benefits

Sugary sweets may cause multiple discrepancies in your body, but if you are really fond of sweets, you may choose â&#x20AC;&#x2DC;Datesâ&#x20AC;&#x2122; as your major supplements. The exciting effects of eating dates are often witnessed in our body and mind both. Studies and research revealed that eating three dates a day produces ultimate benefits to our body. The date palm fruits are grown in many countries, especially those located in and around the tropical regions. Besides dozen others, some of the significant benefits of dates are as follows: REGULAR USE OF DATES REDUCES RISK OF COLON CANCER

As we know that the dates are free from the harmful bacteria and hence, dates ensure movement of foods through the digestive system at a healthy rate. And hence, when the digestive

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system works properly it reduces the risk of colon Cancer. In a study conducted by the Department of Food and Nutritional Sciences found that dates increase the growth of good bacteria and inhibit the growth of colon cancer cells and hence those uses to consume dates on regular basis can reduce the risk of colon cancer.

DATES OFFER QUICK ENERGY

It contains natural sugars, glucose, fructose and sucrose that will give you a quick burst when you need it. And unlike energy bars or drinks, dates contain other healthy components like fiber, potassium, magnesium, vitamins and antioxidants that will keep those levels up, and not send you quickly crashing down.

IMPROVES DIGESTIVE SYSTEM

If you want to keep things in your digestive system moving along nice and regularly, dates are just the thing to do that. In just a one cup serving or dates, you will get 12 grams of fiber. Thatâ&#x20AC;&#x2122;s 48 percent of your recommended daily intake! The right amounts and right kinds of fiber can benefit your digestive health by preventing constipation and promoting regular bowel movements. And dates are most definitely the right kind of fiber to do the job. In fact, a study published in the British Journal of Nutrition found that people who consumed 7 dates per day for 21 days showed improvements in stool frequency and increase in bowel movements compared to when they did not eat dates.

MAKES YOU MORE SMARTER

Dates contain Vitamin B6 that has been shown to improve performance of brain by helping the body make serotonin and norepinephrine. Serotonin in turn regulates mood and norepi-

nephrine helps your body cope with stress. Conversely, research has shown that low level of Vitamin B6 is linked to depression.So, when your brain is clear from stress, and in a good mood, then it is sharp and ready to learn and retain information.

A BIG MEDICINE FOR HEMORRHOIDS

Hemorrhoids are veins in oneâ&#x20AC;&#x2122;s anus and rectum that sometimes becomes inflamed and swollen. It occurs just because of constipation that leads to strain in the particular area at the far end of the digestive tract. This is a terrible and often very painful condition that fortunately can be treated and even reversed through a change in diet to reduce constipation. Many doctors recommend a diet high in fiber, and that includes dates to help things move along so that your hemorrhoids can heal.

IMPROVES CARDIOVASCULAR SYSTEM AND TREATS HEART PROBLEMS

Dates, one of the seemingly magical small fruits, contain potassium. The basic elements found in dates often lower LDL (bad cholesterol) that causes blockages in the arteries leading to stroke or even heart attack. A study of older women found that high potassium intake is associated with a lower risk of stroke and ischemic stroke and mortality. Hence, it is suggested to include dates in your daily routine foodor food supplements. nnn

August 2019

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Fashion

Monsoon Guide

The Ultimate

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for Fashionistas

Monsoon brings along the much needed respite from the heat, but the season also throws a challenge at you when it comes to dressing up. One always wants to look stylish but to ruin your shoes and clothes in the wet weather is not an option. Don’t let the rains dampen your sense of style. Follow these 6 tips to look your best and be rain-ready.

Wear light clothes

Go short

One should wear light and breathable fabrics like cotton. Synthetic clothes should be avoided. A stylish raincoat or trench coat is a must to turn heads this monsoon. You can also add to gum boots in vibrant colours to look stylish.

You can also wear shorts, skirts and dresses that are the most convenient to carry in monsoon. You can also team up quirky accessories with your short dresses. Try ﬂowery prints this weather, which will also add more dazzle to your wardrobe on rainy days.

Play with colours

Skincare

Go for dark colours as rain marks tend to show on light colours. It also works well to uplift one's mood and personality. You can also wear playsuits, as they are easy to go, breathable and convenient.

It's beneﬁcial to stay hydrated and saturate your skin simultaneously. When it comes to make up, light and natural looks are ideal. Get your hands on gel-based foundations and concealers as they make your face look hydrated and even toned.

Opt for nylon bags

Vibrant feet

Keeping everything safe yet ﬂaunt your style this monsoon by opting for nylon and transparent bags. This will keep all your valuables secure and dry when it rains. Moreover, it will be handier along with prepping up your style game.

When it comes to footwear, wear vibrant flip flops and sandals. Light comfortable flip flops and jelly flats save you from the unpredictable puddles and muddy streets. They can be worn easily with almost any outfit.

August 2019

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TRENDING Fashion

RAIN JACKETS

This is a key piece. They come in cute colors and patterns, and can make a cool statement. Our favorite is a long, water-repellent parka with a hood big enough to completely cover your head. It should have some weight to it, a flimsy anorak will not do. This way you can protect your outfit and your handbag underneath. Other great options include a trench coat or bomber jacket.

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NOW

SKIRTS AND DRESSES

If itâ&#x20AC;&#x2122;s a light rain in the springtime, you can definitely wear your dresses and skirts. Just remember the rules above: choose dark colors and sturdier fabrics. Cotton sundresses are best saved for warm summer days. If you want to cover your legs, just pair with fastdrying leggings instead of tights. Skirt and dresses look equally cute with tall boots and ankle boots, so if you already have a pair of tall wellies, this is the time to rock them.

HOLD-EVERYTHING HANDBAGS With rain, comes gear. Even for the most minimalist among us, youâ&#x20AC;&#x2122;ll need a bag big enough to carry your daily essentials (see below). Great options include a water-repellant satchel, a roomy tote, or a sturdy backpack. One of the most important considerations when choosing a bag is how well it protects your belongings from the rain, especially your laptop and headphones.

August 2019

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Dubai Travel & Tour

The City of Superlatives

ome people call it 'Paris' in the Middle East; others call it the Global City. It's a discrete business center in someone's eyes, and for others, a beautiful travel destination. We are talking about the city of Dubai (UAE). The United Arab Emirates is made up of seven cities and one of the cities is Dubai. It is rather like an independent city-state and is the most modern and progressive emirate in the UAE, developing at an unbelievable pace in the tourist and trade sectors especially. Dubai makes a great short break for shopping, partying, sunbathing, fine dining and sporting events. It is a city of superlatives: for the fastest, biggest, tallest, largest and highest, Dubai is the destination. It has the largest immigrant population in the world. This is a special place for all shopping and adventure travelers. This city, which houses ancient and modern attractions, is an ideal place to go for a vacation

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with the family. Hometown residents from the depths of the heart make your journey happy and memorable. Come here for pleasure or for Dubai, Dubai's travelers get to see the authentic Arabs' traditional winnings with the highest international standards in place.

Great Hotels and Shopping Malls

An endless mix of cosmopolitan city and surrounding sand dunes and some of the top-class hotels here are the city made for leisure activities and excellent shopping experiences. There are some priceless pieces of history that are present in Dubai that present the peeps of the past era. In the list of places to visit where you can see in Dubai, here is the museum, home of Sheikh Saeed, Bastakiya, Hatta Heritage Village, Burj Nahar, Sheikh Obaid bin Thani House, Burj Creekside Promessed and Philette House. It is also a great place for culinary experts. Taste the exotic and local dishes from most parts of

the world here.You can choose to spend your money on traditional souks or at the ultra-hip modern shopping plaza. You can buy things you like at Dubai Mall, the world's largest shopping center. The voice of top brands, shiny boutiques, and busy shoppers makes the retail markets a vibrant place.

you realize that there is Indianism on every side. Here the people of India are in abundance. Sit in any taxi, the driver speaks Hindi. Go to any hotel, the waiter gets Hindi and any shopkeeper or his helper can be seen speaking Hindi. Most Indians do not work here in any higher position, but salaries are like the nobles of India. Well, many Indians are doing Modern Architecture Skyscrapers their business here and many are fascinating Dubai See Burj Al Arab and Burj Khalifa in Dubai for their residents on the strength of their talent. Apart from modern architecture. Burj Al Arab is a luxury hotel this, the number of people in Pakistan, the Philipwhich is usually described as the world's only 7-star pines and Malaysia is also not less. hotel. The Burj Khalifa is a skyscraper of 828 meters high, which is the world's tallest building, in down- Getting Around Dubai town Dubai. It is so high that people living above the Dubai has two metro lines, red and green, which 80th floor should wait 2 minutes and people above cover most of the tourist areas in and around the city. 150 should wait 3 minutes before eating during Ra- The red line heads south as far as Jebel Ali. Tickets madan as the setting sun can still be seen from these are per zone. Tourists can buy a red NOL card which floors. The building is mixed usage, with apartments, allows travel on all metro, bus and tram networks. restaurants, offices and viewing areas. It has won Taxis are a convenient way of getting around the city many awards for its architecture. It also holds if youâ&#x20AC;&#x2122;re only going to a few places. numerous records for base jumping both official and Where to Stay in Dubai unofficial. Tourist attractions include the DolphinarThere are some hugely luxurious coastal resort hotels ium, Cable Car, Camel Ride, Horse Carriage and for holidaymakers but there are also thousands of opBirds Show. There is a large indoor skiing facility in tions within the different areas of the city and on The the Ski Dubai Mall of Emirates. Creek. For the ultimate Dubai experience, try looking Food and Drink at Atlantis the Palm or Burj al Arab on Jumeira Go anywhere in Dubai, here you will find a fun, de- Beach, youâ&#x20AC;&#x2122;ll need a fat wallet but it would be an exlicious and food of your choice. Here you will find perience never to forget. The apartment style hotels all kinds of dishes from Arabic, Italian, Greek, Mex- are ideal for stopovers of a few days. They include ican, Indian, German, French, Chinese, Japanese, kitchens and washing machines that make life easier and are towards the more budget-friendly end. The Thai or Korean dishes. Golden Sands series of apartment hotels in Bur Indians in Dubai Dubai are popular and usually have swimming pools. After coming here, looking at high-rise buildings, They are away from the coast but in a central area. modern lifestyle, infrastructure and law, and order, nnn

August 2019

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Environment

CLIMATE

Change: Is It Real?

“Scientists attribute the global warming trend observed since the mid-20th century to the human expansion of the "greenhouse effect" — warming that results when the atmosphere traps heat radiating from Earth toward space.”

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he Earth's climate has changed throughout history. Just in the last 650,000 years, there have been seven cycles of glacial advance and retreat, with the abrupt end of the last ice age about 7,000 years ago marking the beginning of the modern climate era — and of human civilization. Most of these climate changes are attributed to very small variations in Earth’s orbit that change the amount of solar energy our planet receives. Certain gases in the atmosphere block heat from escaping. Longlived gases that remain semi-permanently in the atmosphere and do not respond physically or chemically to changes in temperature are described as "forcing" climate change. Gases, such as water vapor, which respond physically or chemically to changes in temperature, are seen as "feedbacks." On Earth, human activities are changing the natural greenhouse. Over the last century, the burning of fossil fuels like coal and oil has increased the concentration of atmospheric carbon dioxide (CO2). This happens because the coal or oil burning process combines carbon with oxygen in the air to make CO2. To a lesser extent, the clearing of land for agriculture, industry, and other human activities has increased concentrations of greenhouse gases. The consequences of changing the natural atmospheric greenhouse are difficult to predict, but certain effects seem likely: On average, Earth will become warmer. Some regions may welcome warmer temperatures, but others may not. Warmer conditions will probably lead to more evaporation and precipitation overall, but individual regions will vary, some becoming wetter and others dryer. A stronger greenhouse effect will warm the oceans and partially melt glaciers and other ice, increasing sea level. Ocean water also will expand if it warms, contributing further to sea level rise. Meanwhile, some crops and other plants may respond favorably to increased atmospheric CO2, growing more vigorously and using water more efficiently. At the same time, higher temperatures and shifting climate patterns may change the areas where crops grow best and affect the makeup of natural plant communities. Scientific evidence for warming of the climate system is unequivocal. The current warming trend is of particular significance because most of it is extremely likely (greater than 95 percent

probability) to be the result of human activity since the mid-20th century and proceeding at a rate that is unprecedented over decades to millennia. Earth-orbiting satellites and other technological advances have enabled scientists to see the big picture, collecting many different types of information about our planet and its climate on a global scale. This body of data, collected over many years, reveals the signals of a changing climate. The heat-trapping nature of carbon dioxide and other gases was demonstrated in the mid-19th century. Their ability to affect the transfer of infrared energy through the atmosphere is the scientific basis of many instruments flown by NASA. There is no question that increased levels of greenhouse gases must cause the Earth to warm in response. Ice cores drawn from Greenland, Antarctica, and Tropical Mountain glaciers show that the Earth’s climate responds to changes in greenhouse gas levels. Ancient evidence can also be found in tree rings, ocean sediments, coral reefs, and layers of sedimentary rocks. This ancient, or paleoclimate, evidence reveals that current warming is occurring roughly ten times faster than the average rate of ice-age-recovery warming. The evidence for rapid climate change is compelling:

Global Temperature Rise The planet's average surface temperature has risen about 1.62 degrees Fahrenheit (0.9 degrees Celsius) since the late 19th century, a change driven largely by increased carbon dioxide and other human-made emissions into the atmosphere. Most of the warming occurred in the past 35 years, with the five warmest years on record taking place since 2010. Not only was 2016 the warmest year on record, but eight of the 12 months that make up the year — from January through September, with the exception of June — were the warmest on record for those respective months.

Warming Oceans The oceans have absorbed much of this increased heat, with the top 700 meters (about 2,300 feet) of ocean showing warming of more than 0.4 degrees Fahrenheit since 1969.

Shrinking Ice Sheets

August 2019

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Environment

SOURCE: NASA The Greenland and Antarctic ice sheets have decreased in mass. Data from NASA's Gravity Recovery and Climate Experiment show Greenland lost an average of 286 billion tons of ice per year between 1993 and 2016, while Antarctica lost about 127 billion tons of ice per year during the same time period. The rate of Antarctica ice mass loss has tripled in the last decade.

Glacial Retreat Glaciers are retreating almost everywhere around the world â&#x20AC;&#x201D; including in the Alps, Himalayas, Andes, Rockies, Alaska and Africa.

Decreased Snow Cover Satellite observations reveal that the amount of spring snow cover in the Northern Hemisphere has decreased over the past five decades and that the snow is melting earlier.

Sea Level Rise Global sea level rose about 8 inches in the last century. The rate in the last two decades, however, is nearly double that of the last century and is accelerating slightly every year.

Declining Arctic Sea Ice Both the extent and thickness of Arctic sea ice has declined rapidly over the last several decades.

Extreme Events The number of record high-temperature events in the United States has been increasing, while the number of record low-temperature events has been decreasing, since 1950. The U.S. has also witnessed increasing numbers of intense rainfall events.

Ocean Acidification Since the beginning of the Industrial Revolution, the acidity of surface ocean waters has increased by about 30 percent. This increase is the result of humans emitting more carbon dioxide into the atmosphere and hence more being absorbed into the oceans. The amount of carbon dioxide absorbed by the upper layer of the oceans is increasing by about 2 billion tons per year. Climate Change is the defining issue of our time and we are at a defining moment. From shifting weather patterns that threaten food production to rising sea levels that increase the risk of catastrophic flooding, the impacts of climate change are global in scope and unprecedented in scale. Without drastic action today, adapting to these impacts in the future will be more difficult and costly.

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OBSERVER DAWN August 2019

Our Endeavor is to become a Fully Integrated Contextually Relevant and Value-Based Management Institute with National Reckoning : Dr Daviender Narang Jaipuria Institute of Management, Ghaziabad – Best MBA College in Delhi / NCR

Jaipuria Institute of Management, Indirapuram, Ghaziabad was set up by Seth Anandram Jaipuria Education Society in 2001. The institute has a sprawling campus spread across 5 acres. Under the able guidance of Shri Shishir Jaipuria, Chairman, Jaipuria Group of Educational Institutions the Institute has been acclaimed as a leading business school in Delhi / NCR. The institute was established by fulfilling all the norms related to academic, financial and social aspects set by concerned statutory bodies. The Institute started a full time 2 years master degree course in Business Administration (MBA), from the academic session 2001. This course is duly approved by AICTE, Ministry of HRD (Govt. of India) and affiliated to Dr. A.P.J. Abdul Kalam Technical University, Uttar Pradesh, Lucknow. Jaipuria Institute of Management, Ghaziabad intends to provide and develop

capabilities of young managers by raising their level of competence and intellect to face various challenges in the global environment. In pursuit of excellence, the institute provides adequate training and development, foster research and disseminates knowledge through publication of books, journals and magazines for the development of society at large. The institute has established itself as a leading management institute in the Northern India and has been ranked among Top B-Schools of Excellence by reputed Ranking Institutions like CSR, Business World, The Week etc. The Institute providesultra-modern facilities like In-House Hostel, Conference rooms, Syndicate rooms, Wi-fi campus, Language Lab, Computer Lab, Cafeteria, Gym & Fitness Centre and Skill Development Centre to foster overall development of students and enhance their employability quotient. nnn

Dr Daviender Naranag

Director Jaipuria Institute of Management, Indirapuram, Ghaziabad

Quick Facts

Name of the Institution – Jaipuria Institute of Management, Indirapuram, Ghaziabad Founder – Dr Rajaram Jaipuria Chairman – Mr Shishir Jaipuria Director – Dr Daviender Narang University Affiliation Dr. A.P.J. Abdul Kalam Technical University (AKTU). Recruiters – BYJU’S – The Learning App, Bajaj Allianz, HDFC bank, ExtraMarks, ICIC Securities, Landmark Group, HDFC Bank, Axis Bank, JK Tyre, Reliance JIO, Ceasefire, Finedge, Interocean, Mancer, Future Group, Team Computers, Gold Plus, Naukri.com, Tommy Hilfiger, Crayo Viva, Oppo Mobiles, Paytm, Shopclues.com, American Express, Federal Bank, Capital Via, Yes Bank, ICICI Securities, Jaro Education, Manpower and many more .

August 2019

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Entertainement

Kangana's Next 'Dhaakad' Mounted as Biggest Action Entertainer

ollywood's Queen Kangana Ranaut, who is known for breaking new barriers over and over again with stellar performances and breaking box office records, is all geared with her next film, 'Dhaakad' which is going to be an out and out action thriller. The project is helmed by acclaimed ad filmmaker Razneesh 'Razy' Ghai. It is jointly produced by Sohel Maklai Productions and Asylum Films and co-produced by Qyuki Digital Media. Director Razy along with writers Chintan Gandhi and Rinish Ravindra have written the action thriller. Looking forward to this project, Kangana stated, "After the success of 'Manikarnika', it has been proven that audience across the globe are loving larger than life films with a female hero.’Dhaakad' is not only a benchmark film for my career but will be a turning point for Indian cinema as well. The film is mounted on a large scale, is one of a kind female-led action film, and is apt for a Diwali release. If it is received well, there will be no looking back for women in Indian Cinema. Sohel and Razy are my friends, and we have been planning this project from quite some time. I am quite excited for this film and can’t wait to start work on it.' Producer Sohel Maklai further stated, 'This film is an ambitious venture and the biggest one for me. I believe in Razy’s vision and I am sure this will be a thrilling entertainer. The audiences are definitely going to love Kangana’s new avatar.' The makers are looking to rope in a leading action director from Hollywood to choreograph the elaborate sequences. Filming will take place across India, South East Asia, the Middle East and Europe with some incredible action set pieces. nnn

Salman Khan to Launch 'SK-27 Gym Franchise' to Lead 'Fit India' Movement

fter the successful worldwide chain of 'Being Human', superstar Salman Khan is all set to launch his own chain of gyms and fitness centers across the country. A treat to all the fitness enthusiasts, the gym chain is set to open over 300 gyms across India by 2020. Salman has always been an inspiration who possesses the power to influence the people of all generations. After the success of the 'Being Strong Fitness Equipment' which received a massive response from all across, Salman is launching SK-27 Gym Franchise. The aim of SK-27 is to make every individual fit and healthy. In a broader sense, the goal of SK-27 also is to create job opportunities for fitness trainers and

OBSERVER DAWN August 2019

entrepreneurs while spreading the 'Fit India' movement. In April 2019, Salman launched his Fitness Equipment Brand'Being Strong' and within three months of its launch, Being Strong Equipment has already been installed in over 175 gyms across India, making it an instant hit among the fitness enthusiasts. 'Being Strong' equipment has become the most preferred fitness equipment brand in the country. With Salman being the trendsetter, the actor is well-known for his love towards fitness and well-being. SK-27, spearheaded by Salman is sure to make India- fit, fitter and fittest with the promising aim of a chain that has 300 gyms, set to open all across the country. nnn

Kapil Sharma and Ginni Chatrath to Welcome their First Child

ony TV's popular show The Kapil Sharma Show's host and comedian Kapil Sharma is all set to go on a mini break. Kapil's wife Ginni Chatrath is pregnant with their first child and the comedian is planning a babymoon to spend some quality time with wifey dear. The Kapil Sharma Show came back with a new season this year and has been garnering good numbers on the rating chart. Kapil Sharma might soon take a break to go on babymoon with Ginni. However, the comedian hasn't confirmed it yet. Kapil and Ginni are expecting their baby in December. According to reports, Kapil and Ginni will be off to Canada for a ten-day vacation. Due to Kapil's busy schedule, the couple couldn't go for a proper honeymoon. This will be their first vacation after their wedding. Kapil will shoot for his episodes in advance so that his work doesn't get affected much. Kapil Sharma tied the knot with his college sweetheart Ginni Chatrath on December 12 last year. Kapil Sharma and Ginni Chatrath tied the knot in Jalandhar in a twin ceremony. After getting married in a Hindu ceremony, the Anand Karaj ceremony was organised at Ginni's place. The newly married couple couldn't go to their honeymoon immediately due to Kapil's hectic schedule but reportedly the two holidayed in Amsterdam, the picture of which went viral on web. Post their wedding ceremony, the couple hosted receptions in Amritsar, Mumbai, and then Delhi. The two are excited about entering the new phase in their life. Kapil is trying to spend as much time as possible with wife and the happy dad-to-be is accompanying the expectant mom to shopping and is taking good care of her.

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Batla House Teasers: John Abraham Starrer

to re-examine the Controversial Case

he teasers of John Abraham starrer Batla House are out. In the two promos, we get a glimpse of the tense drama the Nikkhil Advani directorial promises. In the first teaser, we see a proper shootout take place in a confined room with John Abraham’s voiceover in the end saying, “ Uss din kya hua Batla House mein, kya hum galat the? Kya main galat tha? ” (Whatever happened in Batla House on that fateful day, were we in the wrong? Was I wrong?). As the first promo concludes, a few lines appear on the screen which reads, “In 2008, a few gunshots created many stories. Eleven years later, we give you the real story.” In another promo, news announcers are heard saying that the government is involved in some kind of mix-up to cover who was killed in the encounter and that in all probability, innocent students were murdered. The video comes to an end with John saying, “Hum nahi kehte ki wo

students nai the, magar kya wo bekasur the? ” (We are not claiming that they were not students, but were they really innocent?). The film will be based on the real Batla House encounter that took place almost a decade ago on September 19, 2008, which is officially known as Operation Batla House. The incident took place against the Indian Mujahideen terrorists in Batla House locality in Jamia Nagar, Delhi. As the tagline suggests 'The Story of India's Most Decorated/Controversial Cop', the case was about this one man who has had 70 encounters, a record 22 convictions from 30 cases and nine Gallantry Awards. The 'Parmanu' actor will be seen portraying the role of Sanjeev Kumar Yadav, who spearheaded the encounter. John is known for appearing in patriotic drams. His last few releases 'Parmanu - The Story Of Pokhran', 'Satyameva Jayate' and 'Romeo Akbar Walter' were on the same genre. nnn August 2019

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Automobile

7 Upcoming Electric Cars EXPECTED TO LAUNCH IN INDIA IN 2019 The Indian car industry, for long, has been reeling under the lack of any long-range electric cars. Apart from a cost disadvantage, the existing crop of Indian Electric Vehicles suffers from low range, long charge times and lack of creature comforts. But as is the need of the hour, we bring you a list of upcoming electric cars that might sway you away from the gas guzzlers.

1. Hyundai Kona EV (Expected Price: Rs 20 lakh to Rs 25 lakh)

Hyundai Kona Electric will be the first long-range EV to go on sale in India. Globally, the Kona EV is available with a 39kWh and 64kWh battery packs that deliver a range of 300km and 480km, respectively. The power output from the smaller battery pack is 136PS/395Nm while the bigger one delivers 204PS/395Nm. India is likely to get the low range/power option. The Hyundai Kona offers option for fast charging which can juice the battery up to 80 per cent within an hour. The locally assembled SUV will come with features like a powered driverâ&#x20AC;&#x2122;s seat, ventilated front seats, 8-inch touch screen infotainment system, cruise control and Blue Link connected tech and an eight-speaker sound system.

2. MG eZS (Expected Price: Rs 20 lakh to Rs 25 lakh) MG plans to flood the Indian market with four SUVs and one of them, the eZS will be an EV. Itâ&#x20AC;&#x2122;s expected to launch in December, 2019 and will rival the Hyundai Kona EV.

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3.Nissan Leaf (Expected Price: Rs 30 lakh)

To be brought in as a CBU (completely built-up unit), the MG eZS will share its features with the ZS sold abroad. So expect iSmart connected tech such as remote engine start, remote AC control, over the air updates, geofencing and more. It can go 350km between charges and will take around 6.5 hours to fully charge through an AC charger. But a DC fast charger will take only half an hour to juice it up to 80 per cent.

Speculation around the Nissan Leaf has been rife for a couple of years, but now, itâ&#x20AC;&#x2122;s expected to make its India debut soon. The Leaf packs a 40kWh lithium ion battery pack which gives it a August 2019

OBSERVER DAWN

Automobile

claimed range of 400km. It even packs an e-pedal technology that lets you manage both acceleration and braking using a single pedal. Thatâ&#x20AC;&#x2122;s some interesting tech that we would love to sample!

4. Mahindra eKUV100 & XUV300 Electric Mahindra has been a frontrunner in the budding EV market in India. After bidding goodbye to the e2o Plus due to the upcoming stricter crash test norms, Mahindra will be bringing the elec-

tric versions of the KUV100 and the XUV300. The eKUV100 was revealed at Auto Expo 2018 and was supposed to launch in the same year. And even though that didnâ&#x20AC;&#x2122;t happen, it could make its market debut sometime in the next couple of months. The XUV300 electric that has a range of around 350-400km per charge should be here in 2020. Technical details about the two cars are scarce, but we do know that the eKUV100 will have a claimed range of 140km with fast charging capability in just one hour. The eKUV100 is likely to be priced at around Rs 10 lakh, whereas the XUV300 EV should be closer to Rs 15 lakh.

5.Tata Altroz EV The Tata Altroz EV which was revealed at the 2019 Geneva In-

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ternational Motor Show will feature some cool visual and convenience cues like a front grille without vents (since it doesn’t get an engine) and a flat floor that increases cabin space. It is based on Tata’s ALFA ARC platform which can be adapted for electrification and is claimed to be capable of scoring five stars in crash tests. While the conventionally powered Altroz could launch in June-July 2019, the EV is likely to debut after April 2020. Tata’s claimed range for the Altroz EV hovers between 250-300km. It takes one hour to charge from 0-80 per cent. We have already pit the ICE-powered Altroz against its rivals to find out whether you should wait for it or go ahead with your purchase.

available for sale to private buyers. Both the Tigor and Tiago EV are powered by a 16.2kWh lithium ion battery and have a claimed range of around 140km. The two cars can also be charged up to 80 per cent in six hours, but takes only 1.5 hours through a fast charger. The Tigor EV’s current power output stands at 30kW(41PS) and 105Nm of torque, but it’s still undergoing fine tuning for improvements in the powertrain. Prices of the Tiago and Tigor EV are likely to be around Rs 8-9 lakh and Rs 10-12 lakh, respectively.

7. Maruti WagonR-based EV

6. Tata Tiago/ Tigor EV

The two Tata EVs have eluded us for long, but are expected to make their India debuts this year. While the Tigor EV can even be rented out through self-drive companies, none of the two are

Maruti has been testing a fleet of 50 prototypes of a WagonRbased electric hatchbacks. This new EV will be based on the Heartect platform and will be priced above the Rs 9 lakh mark. Top Maruti officials have revealed that it will not be a longrange EV (above 200km range). This Maruti WagonR-based EV is likely to debut in India in 2020. nnn August 2019

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RNI Reg. No. DELENG/2013/50357