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Letter From the Editor Asia Leads Global Growth and Trade

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ed by the sheer scale of growth in India and China, but also influenced heavily by the likes of Japan, South Korea, Indonesia and Vietnam, the centre of wealth generation is clearly shifting eastwards. As shown in our cover story, India’s economy will eclipse that of the US in absolute terms by 2032. However, India’s growth is not without problems. The Indian government faces numerous development challenges, including reducing its high domestic saving rate and correspondingly low domestic demand; creating jobs for approximately 600 million unemployed persons and their families as they relocate from the countryside to the towns; and containing the environmental damage resulting from the economy’s rapid transformation. In another hand, China will take over the USA GDP by 2030 according to Fox Business. Fox Business says America will fall on the third position in the biggest economies world list. Moreover, China will be the biggest and India second largest economy. However, Hot marketing and research Agency reports that India will supersede China and USA economies by 2032 which seem finer. We should not forget that China sits on a demographic time bomb as a consequence of the ‘one child’ policy, which means that China is now one of the most rapidly ageing countries in the world. So far Asia’s growth has been built primarily on Western consumption – or, more accurately, overconsumption. Export-led development has lifted significant markets out of poverty; in fact, the per capita income of people of the ‘Tiger’ economies of Hong Kong, Singapore, South Korea, and Taiwan now rival, or in some cases exceed, that of many European countries. The export model has helped Asian countries improve their living standards quickly. Evidence suggests that India has benefited most from this arrangement, with a quadrupling of GDP and an increase in manufacturing by a factor of five over the past decade, not to mention the ability to attract Western technology and expertise and the creation of millions of manufacturing jobs for the poor. The global markets are interconnected. The Asian Development Bank estimates that, because of the amount exported to the West, a decline of one percentage point in America’s growth rate knocks 0.3 of a percentage point off Asia’s. So, because the once profligate Western consumer is now saving – or, at least, not spending as much – Asia needs a new market. This might well be Asia’s own population. Trade within Asia is already growing at roughly twice the pace of trade with the outside world. From almost nothing twenty years ago, India is now China’s biggest trading partner. Moreover, India is now the biggest merchandise exporter to the Middle East. The complementarities (and thus less direct competition) that the EU now enjoys with India are

fading away, and future trading conditions for European companies will be more demanding. Alongside India, China is another main driver of Asian wealth, being second only to India as a fast-growing large economy. Unlike many of its Asian counterparts. In fact, the resilience of the economy rests on a huge domestic market, and, even better, India’s domestic demand was largely uninterrupted by the financial crisis. India’s fast-growing economy also has global ambition. India is increasingly a leading source of process and low-cost business model innovations. The industrial sector is also on the rise, currently expanding at a double-digit rate, and the services sector is now at 55% of GDP. Only agriculture, accounting for 20 % of GDP, is under-performing, curtailed as it is by poor harvests and low rainfall. Education and knowledge have played a key part in India’s growth: India produces 3 million graduates a year and about twice as many engineering and computing graduates as America, counting those with bachelor’s or master degrees. A young (70% of the 1.2 billion population is under 35), the educated workforce has attracted the hi-tech companies, such as HP, IBM, Microsoft, and Accenture. Global drug giants, such as Novartis, GSK, Pfizer, have all begun turning to India as a base for R&D and Indian-born companies are increasingly carrying out original research themselves – at the much lower cost than elsewhere. However, although India’s growth rate has been among the highest in the world, it remains so far a low-income country, with inadequate infrastructure is a significant barrier to development, particularly in rural areas, home to 70% of India’s population and 52 % if the workforce that is primarily engaged in agriculture and related activities. In the most popular narratives of the global growth and trade prospects, too much attention is usually devoted to BRICs, sub-Saharan Africa, and the Middle East. However, growing economies within the EU (NMS) and its neighborhood (Turkey, Ukraine, North Africa) should not be neglected. Overall India’s economy will become the world’s largest economy by 2032 but its population and inadequate infrastructure is the key challenge for it. nnn

Connect with Hariom Tyagi @harityagi2003

Hariom Tyagi Editor in Chief, Observer Dawn

@harityagi2003 @harityagi2003 @harityagi April 2019

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Business Outlook

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Alessandro Appointed CEO of Glenmark lessandro Riva, has been appointed as the new Chief Executive Officer (CEO) of the Pharma Major Glenmark Pharmaceuticals. Alessandro is currently working as the Executive Vice President, Oncology Therapeutics and Cell Therapy for Gilead Sciences. According to the officials, the appointment would be effective from April 2, 2019. On February 14, 2019, the Glenmark Pharmaceuticals had issued in-principle approval to spin off the innovation business into a new company headquartered in the US. The new company will be a wholly-owned subsidiary of Glenmark and will be operated with Alessandro Riva as the CEO, a management team and an independent Board of Directors. “We are pleased that Alessandro will assume the role of CEO of the new innovation business”, said Glenn Saldanha, the Chairman and Managing Director, Glenmark Pharmaceuticals adding that his extensive and diverse industry experience leading global R&D will no doubt be invaluable in driving our pipeline towards commercialization. “We are excited for this major step as a company and are confident Alessandro’s talent and leadership will shape the innovation business into a major global biotech company”, he said. As a part of the Gilead senior leadership team and executive committee member, he is responsible for leading the oncology R&D program and support functions. Earlier, Alessandro spent 12 years with Novartis where he was the Executive Vice President and Head of Global Oncology Development and Medical Affairs in the Oncology Business Unit, managing a global group of more than 2,500 associates. nnn

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‘Yes Bank’ Penalized for NonCompliance of Instructions es Bank, one of the leading private sector lenders, said the Reserve Bank of India (RBI) has slapped a fine of Rs 1 crore on the bank for non-compliance of directions on Swift messaging software.The RBI has levied penalty on the

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bank for non-compliance of regulatory directions observed during assessment of implementation of SWIFT-related operational controls,' Yes Bank said in a filing with BSE. SWIFT is the global messaging software used for transactions by the financial entities. nnn

‘CyberProof’ Steps Up For Fresh Collaboration With Microsoft Azure

he World’s First Risk-Based Cyber Security Service Provider, CyberProofInc, has announced a fresh collaboration with Microsoft Azure Sentinel after the recent launch of Microsoft’s new, native cloud SIEM solution. Microsoft Azure Sentinel is now pre-integrated with the CyberProof Defense Center, so that customers can use a cloud-scalable orchestration security operations platform for automated detection, incident response, and recovery. In addition, CyberProof’s own expert intelligence insights are integrated with the Microsoft Intelligence Security Graph, which dramatically reduces incident dwell time, a release said here on Friday. “Our integration of Microsoft Azure Sentinel gives both large and small organizations an end-to-end cyber defense capability that is integrated with Mi-

crosoft Office 365 and Azure, and for the first time, allows them to make sense of events from internal, endpoints and cloud based data sources,” said Tony Velleca, CyberProof CEO. EranAlsheh, CyberProof CTO, said “We can uniquely deploy our platform with the cloud-native Azure Sentinel SIEM solution quickly, and it supports data collection for on premises, hybrid, and multi-cloud ecosystems, with intuitive dashboards and reporting that provide continuous multi-tier insights for our customers.” Using CyberProof’s Defense Center platform with Azure Sentinel helps lower costs and improves the efficiency of the CyberProof security operations team in several important ways. The Company has spontaneous user experience. Its KQL query language allows CyberProof teams to come forth with rules for hunting, analytics, dashboards. nnn


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Worldwide Insurance Brokers Launches Online Platform

orldwide Insurance Brokers Ltd, one of the leading insurance brokers in India, has launched ‘Cover360.in’, a unique online insurance portal that offers a plethora of insurance services ranging from Health Insurance, Travel Insurance to Term Insurance, among others. With its firm commitment of ‘insuring every moment of life’ the online insurance platform ‘Cover 360.in’ has emerged as an umbrella solution for availing a complete bouquet of insurance services. As an integrated insurance solution provider, ‘Cover 360.in’ also renders advice to the customers and helps them in choosing the right product that exactly matches their requirements. In a nutshell, ‘Cover 360.in’ provides customised plans and premium in just a few seconds with hi-tech IT tools and keeps its customers updated on insur-

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ance matter via mails, blogs and other social media platforms, besides actively supporting them in emergencies by taking them through a smooth, hassle-free claim handling process. While unveiling the exclusive online insurance portal ‘Cover 360.in’, Kishan Lal Agrawal, Director, Worldwide Insurance Brokers Ltd. said, “We are excited to launch ‘Cover 360.in’ which aims to offer unmatched insurance buying experience to the vast Indian population. Our mission is to act as a bridge between clients and insurance companies and help the customers in making informed decisions about their exact insurance requirements. Simultaneously we strive to ensure protection of the utmost interests of our valued customers and we protect them from being sold an inappropriate insurance policy.” Cover360.in’ addresses all customer pain points from buying a policy to the claim handling process. nnn

‘Gupta’ Conferred Leadership Award

he Chairman of Okaya Power Group, O P Gupta has been conferred with most coveted Inspirational Leadership award at ‘India Brand and Leadership Conclave held recently in Mumbai. The veteran industrialist won this prestigious accolade in“India’s Most Inspirational Business Leader” category and the honour was bestowed upon him in recognition of his esteemed contribution to the industry. The

award also recognises Gupta’s strenuous efforts towards building a coveted business empire which has truly made a difference in the society by creating millions of new opportunities for the deserving youths of the country. The company’s flagship brands “Okaya” and “Nasaka” were also awarded ‘Most Admired Brands’ surpassing over 50 different brands under “India’s Most Admired Brand 2018”.

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Assocham Honours Sanfort with the Best Preschool Award

n recognition of their exceptional contribution in providing an enriching learning experience to the early learners in their first step towards education, “SANFORT- The U.K. Concept Preschool Chain”, has won the most prestigious ‘Best Preschool Award’ from ASSOCHAM at a glitzy Education Excellence Awards ceremony. The esteemed award was bestowed upon Sanfort Schools by the honourable Governor of West Bengal, Keshari Nath Tripathi amid the presence of a galaxy of celebrities from various fields. On winning the award for helping the tiny tots into evolving as capable

and responsible citizens, S.K. Rathor, Chairman & Managing Director, Sanfort Group of Schools said, “This award is an apt recognition of our vision to nurture today's little learners into tomorrow's responsible and compassionate global citizens. Sanfort creates a tranquil, curious and challenging environment that foster's the social, physical, emotional and cognitive development of the child.” The classrooms at SANFORT Schools are set up with world-class technology-enabled teaching tools with the objective of making teaching more interesting and effective. Children play on the large touch panels with the specially designed software and simultaneously learn alphabets, numbers, shapes and many more. At Sanfort Schools, the children are taken in an ordered manner through the day to be able to give them a sense of routine to help them settle in a new environment in prospect. nnn

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Business Outlook

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Second IndoBangladesh Automotive Show

eading automotive Original Equipment Manufacturer (OEMs) including Tata Motors, Ashok Leyland, Bajaj Auto, Mahindra & Mahindra and Maruti Suzuki are among other renowned companies that participated in the 4-day-long Indo-Bangladesh Automotive show. Besides, 35 Indian component manufacturers, tyre manufacturers, oil and lube companies, International Centre for Automotive Technology (ICAT) also participated in the event. The second edition of Indo-Bangla Automotive Show, which was organized by the Society of Indian Automobile Manufacturers (SIAM) in association with the Automotive Component Manufacturers Association of India (ACMA), was concluded in Dhaka on

March 4, 2019. The four-day show witnessed multiple launches and launch of the world class products by the Indian Auto makers. In the two-wheeler space, Hero MotoCorp unveiled the flagship model ‘Passion X Pro’ Motorcycle and ‘Maestro Edge’ Scooter and launched the ‘iSMART Plus’ motorcycle. Bajaj showcased the face-lifted version of one of its best-selling motorcycles, ‘Pulsar’ 160 cc. Meanwhile, Suzuki launched ‘Ciaz and Ertiga’ Smart Hybrid vehicles. In the commercial vehicle and special application vehicle segments, Mahindra & Mahindra launched ‘Motor Grader’ construction equipment vehicle, SML Isuzu launched ‘Samrat HS’ Light Commercial Vehicle (LCV), Eicher Motors launched Pro 6031 Heavy Commercial Vehicle (HCV) and TATA Motors launched 1212 CRX Light Commercial Vehicle (LCV), whereas Force Motors in association with BK Automobiles Ltd. launched the Traveller Special Care Ambulance and a Light Commercial Vehicle. nnn

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India Ranked Fourth in Top Low Income

he Worldwide Educating for the Future Index (WEFFI) 2018 has revealed that India ranks 4th in the top low-income economies in the world. The report was published on the first week of March 2019. While, Ghana has been ranked top in the list of low-income economies, the Philippines, Vietnam were at the second and third position respectively. Kenya ranked fifth in the list. The overall ranks of Philippines, Vietnam, India and Kenya were 25, 28,

37, 40 and 41 respectively, in the second edition of the WEFFI. The report was produced by the Economist Intelligence Unit and commissioned by the Yidan Prize Foundation. Future-focused approaches to education must move beyond rigid, exambased methods and encompass problem-based learning, innovative teaching methods and broader themes of global citizenship. Progress on transforming the world’s education systems to meet these goals is uneven, according to a new report.

orld’s leading and the Singapore’s largest bank, the DBS will soon hire at least 1000 technology engineers for its Technology hub, often termed as DBS Asia Hub-2 over the one and half years. “Almost 2,000 engineers, including 1200 software engineers and developers are presently working in the Asia Hub 2. Spread over 2 Lakh Square feet Area, the company was established in 2016. As such, we are now planning to expand another”, said the DBS Bank Chief Executive Officer, India, SurojitShome. The hub 2, the group’s largest technology and operations hub outside of Singapore and it has played a pivotal role in developing or designing the products,

he said he expected to grow the bank’s balance sheet by three times in the next five years from the current Rs 50,000 crore. The bank had invested (capital) Rs 7,700 crores for its banking business in India and in 2018, we had invested Rs 1800 crore, he said we are offering strong digital platform the customers. For network banking expansion, we are investing between Rs 125 to 160 crore in the next 12 to 18 months, he said the bank converted into a locally incorporated owned subsidiary – DBS Bank India Limited as of March 1 this year. While, we are currently operating in almost 12 Indian cities, the company has planned to establish more than 100 customer touch points across 25 cities in days to come.

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Over 1000 Techies to Get Employment in DBS BANK

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JK Cement Launches White Cementbased Universal Waterproof Putty

ndia’s premier cement company launched ShieldMaxX, a white cement based universal waterproof putty. Initially it would be sold in the major outlets in UP, Bihar, MP, Jharkhand, Chhattisgarh and West Bengal. Developed using advanced German technology JK Cement ShieldMaxX protects walls from dampness and efflorescence. This innovative product, contains Active SiH4 Molecules and is suitable for application on both interiors and exteriors/walls, making it a uniquely differentiated product proposition. “Being customer centric and a pioneer in the white cement industry, at

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JK White Cement, we have always striven to launch quality innovative products to cater to the ever changing and growing needs of the consumers. The launch of JK Cement ShieldMaxX is aimed at addressing the current market demand and the consumers need for a versatile product with excellent waterproofing property for beautiful interiors and exteriors. We see great potential in JK Cement ShieldMaxX and really look forward to deliver a quality product”, said the Business head, Niranjan Mishra.

Ashok Leyland Awarded LEED v4.1

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shok Leyland’s corporate office in Chennai has been awarded LEED v4.1 Buildings Operations & Maintenance certification at the Platinum level. LEED v4.1 is the newest version of the LEED rating system, developed by the U.S. Green Building Council (USGBC). With this, Ashok Leyland has become the first corporate office in India and fourth in the world to receive LEED v4.1 Platinum certification. President – HR, Communication and CSR, Ashok Leyland, N.V Balachandar, said, “We were awarded LEED Gold certification in 2009 and by striving for continuous improvement we have now been able to receive LEED v4.1 Platinum certification at our corporate office. We are the only corporate office in India to have

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Omaxe Launches More Hypermarkets

mong other major developments, Omaxe Connaught Place, a property of Omaxe Ltd, witnessed launch of More Hypermarket. It would come up with a retail space of around 45,824 square foot and will be catering to people in the neighborhood. Omaxe Connaught Place is one of the largest Shopping-cum-Entertainment centers in India and has a retail space of 1 million square foot. Omaxe Connaught Place, Greater Noida is fast becoming the most happening destination in NCR. Most of the brands are already operational, namely, INOX , Shoppers Stop, Pantaloons , Max Fashions, Reliance Digital, Reliance Trends, Project Eve, Miniso, Burger

King, Barbeque Nation, RJ Jewellers, Southern Flavors, Pizza Hut, Raymond Tailor-made, Ajmal Perfumes, Pepe Jeans, Rangriti, Levis, Skechers, Jockey, Cafize, Arrow, Lenskart, Afsana, Park Avenue, Super 99, Fenno Walker, Sri Ram & Sons, Taco Bell, Looks,Barista, Red Chief, Shahnaz Hussain, Bonjour, Bata, Liberty, Horror House, Dilli Gate and many more. “Omaxe is India's leading real estate and infrastructure group with over 110 million square feet of property delivered. We are happy to have More joining us at Omaxe Connaught Place mall. The mall has presence of leading brands and an impressive and steadily growing footfall”, said the CEO, Omaxe Ltd, Mohit Goel.

received this certification”. The Ashok Leyland’s office is located in the heart of the city, with easy access to bus, metro and rail networks. The ease of access created due to the location of the Chennai office leads to a high share of public transport usage. The project achieved 91 points, and continues to monitor, analyze and optimize their performance by using the Arc platform. Sustainability features at the project include a rainwater collection tank that captures 100% of rainwater runoff and low flow water fixtures to reduce water consumption. To ensure occupants health and well-being, the site has enough outdoor air intake as per ASHRAE standards, ensuring low CO2 and TVOC levels. nnn

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Entertainment

ads e L e if L d e n li ip c is D ue iq s y h P g in h is n o t As oi says, Karan Ober

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aran Oberoi, one of the most admired fitness models, has stressed that one should treat his or her ‘body’ as a temple. Oberoi was declared the ‘Top Fitness Model of 2018’ by Hindustan Times Brunch Magazine and the ‘Best Physique’ at Mr India International. Being cognizant of the daily routines of the people living in metropolitan cities, Oberoishared his valuable experience which would help people attain a healthy life. "A simple and disciplined life, which are a combination of diet and right targeted exercise yield the best results", Karan said adding that junk food, alcohol and smoking are strictly prohibited to fetch you the desired results. He feels only an hour in the gym doing focused workout is enough. For diet, he recommends drinking four litres of water each day, 6-7 small meals in a day which should lean heavily on protein. "Taking green tea between meals for detox and avoiding bad carbs like white bread, ice cream etc speeds up the process", the top fitness model, who recently turned vegan, said. He believed that an attractive and astonishing physique does not come easily. “There are so many Fashion Models but very few of them can be termed as fitness models. The reason behind is that everybody need to take creative efforts and regular workoutto become a fitness model”, he added. Karan is a MBA and has worked with popular brands like Reebok, Royal Enfield bikes, Fashion Big Bazaar, British nutrition health supplements, Spunk sportswear and Isuzu Car commercial. nnn

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ook' b e t o ‘N f o s r e k a M Releases New Song 'Laila'

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he makers of Notebook released the second love track titled 'Laila' on March 7, 2019. It depicts the longing of ‘Firdaus' unrequited love featuring Pranutan. The makers had garnered enormous response on the very first song of Notebook, 'NaiLagda'. As the film presents the unconventional love story of two lovers, Kabir and Firdaus played by ZaheerIqbal and Pranutan respectively, the makers earlier treated with Kabir's desire to meet his love in 'NaiLagda', now the makers bring forth the romantic feelings of Firdaus with ‘Laila’. 'Laila' is a love track which awakens the feeling of love as Pranutan'sFirdaus beautifully showcases her palpable love towards Kabir. Dhvani Bhanushali's melodious voice adds warmth to the heartfelt love sequence between the unseen couple. The young singer has spilled her magic enchanting the romance against the heartwarming video. The song is Vishal Mishra's composition with lyrics penned by AbhendraUpadhyay and Vishal Mishra. Taking it to the social media, the makers of Notebook shared the song like: Go on the journey of love, with Firdaus! Earlier, Notebook's first song titled 'NaiLadga' starring debutants, Pranutan and ZaheerIqbal has garnered seven million views. Not just the masses but the song has captivated the celebs as well. The glimpse of the song which portrays unconventional love story set in Kashmir has conquered millions of hearts. The film takes the audience on a romantic journey back in time against the backdrop of Kashmir; raising the question- can you fall in love with someone you never met? ‘Notebook’ has been shot in the exquisite valleys of Kashmir bringing the authentic love story of two lovers Firdaus and Kabir, along with a strong support cast with the child artists, who play a vital role on the story. Produced by Salma Khan, MuradKhetani and AshwinVarde, the film Notebook would hit the screens on March 29. nnn


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mar ‘U – ls ia r e S a g e M i Sangsar’ and ‘Nat d Binodini’ Launche

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ne of the most popular regional entertainment channels, AakashAath, has on March 11, 2019 launched mega serials – Umar Sangsar and NatiBinodini. While, ‘NatiBinodini’ is shown at 6.30 pm, ‘Umar Sansar’ is aired at 8 pm, from Monday to Saturday. “These are based on two diametrically opposite women representing two different eras. One, a fictional character, Uma and another is Binodini, a non-fictional character. Both the characters have few common characteristics, though. They are focused, strong willed and are inspiring personalities. Apart from Umar Sangsar and NatiBinodini, we are also reintroducing JagatJananiMaaSarada adhering to the huge demand from our audience. These three programs are our gift to our patrons to mark the occasion of Women’s Day” said the Chairman, AakashAath, AshokSurana. Umar Sangsar is a story about a woman, who handles her family with perfection. Uma, played by Kamalika Banerjee, is the elder daughter-in-law of a joint family where she lives with her husband, daughter, mother-in-law, brother-in-laws and sister-in-laws. Kanka, the elder sister-in-law of Uma, who was a victim of cruelty that changed her life totally and made her mentally disbalanced, have a special place in Uma’s heart. Uma goes against her family and tries to find out the culprit. This serial is directed by AnindoSarkar and stars Kamalika Banerjee, Ashmita Mukherjee, SabarniSaha, AbhijitDebroy, Sarbani, Mou Bhattacharya and Sumanta Mukherjee among others. The Story and screenplay is by Mon Chakraborty& dialogues are by Upashana Chowdhury. Nati Binodoni is based on the life of the legendary theatre actress, Binodini, who is referred to as the best actress of her time. She became the common face of all the theatres written by renowned playwriter Girish Ghosh. Binodini was born in a very poor family. She started to learn singing from singer, Gangamoni. nnn

RSVP Releases Ko posters of ‘Mard Dard Nahi Hota’

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ith the release of stinging poster promising to leave a mark, the RSVP'S upcoming film 'Mard Ko Dard Nahi Hota' has enthralled interest of the audience. It has marked the debut of Abhimanyu Dassani along with Radhika Madan, who stepped her feet in Bollywood last year. Quirky and intriguing, the first poster features Abhimanyu as Surya depicting the painless tail of his quest. Covered with bees, Abhimanyu is seen effortlessly sipping on water. In the second poster, a flower pot breaks on Abhimanyu's head still leaving him unharmed. "Well, he looks beauti-phool! #MardKoDard NahiHota @Abhimannyu_D@ radhikamadan01@ Vasan_Bala @JimitTrivedi06 @gulshandevaiah @manjrekarmahesh @RonnieScrewvala @ZeeMusicCompany", posters shared by the RSVP in social media reads. Even before its release in India, 'Mard Ko Dard Nahi Hota' has been creating a global impression with the title 'The Man Who Feels No Pain'. Revolving around a man with congenital insensitivity to pain, the film won the Midnight Madness Award at TIFF, emerging as the Desi Deadpool. Abhimanyu Dassani and Radhika Madan will be seen packing a punch with unconventional martial arts in the gripping action sequences of the film. Produced by Ronnie Screwvala under the banner of RSVP, 'Mard Ko Dard Nahi Hota' is written and directed by Vasan Bala. nnn

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Technology

‘ShotSpotter’ Helps Detect Gunshot Locations In Ohio Cities racing the locations where the gunshots were fired would no longer be a tough task, at least for the police officials in Columbus. The police departments, here,are testing a new technology that will help them determinesuch locations. The Hilltop is the first neighborhood in Columbus to get this new technology. Widely termed as ShotSpotter, the technology is a system that is being used in several Ohio cities of United States. However, it has been proven successful as of now. As of now, it is very difficult for the authorities concerned determine the spot where the gunshots were fired. Even the process might take many days or hours. But with this device, it becomes very easy to trace out such spots with few minutes or seconds. The police officials would be able to detect the location of gunfire by using sensors, set up inside the ShotSpotter, in an

area of about 3 square miles. Youngstown, Canton, and Cincinnati are among several Ohio cities that are using this technology to track out the spots of gunfire for more than a year.

tower that is meant to get the city rid of environmental pollutions by absorbing the polluting agents. This is almost 7 meter (23 feet) high structure. It removes ultra-fine particles from the air through patented ion-technology developed by the scientists at Delft University of Technology. According to the World Health Organization, air pollution causes the greatest environmental threat to our health. Air pollution causes respiratory and cardiovascular disease and accounts for over 7 million premature deaths every year - and that death toll is rising at an alarming rate. In California, where residents suffer from the worst health impacts of dirty air in the United States, air pollution causes premature death for 53,000 residents every year. In London, England, dirty air accounts for one out of every twelve deaths. China has the worst air in the world. Beijing recently recorded pollution levels that were 17 times greater than the

acceptable levels recommended by the World Health Organization. Air pollution causes 1.6 million deaths every year in China - approximately 17% of all deaths. Noticeably, in Delhi the average life expectancy is shortened by 6.3 years due to air pollution.

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Tower Absorbs Env Pollution, Cleans Outdoor Air

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Electric, Sports Cars and Buggy Displayed At Geneva International Show

utomotive Companies, especially the car makers have unveiled new electric vehicles that would probably transform the industry as well as the high end sports cars. The new Volkswagen Buggy was presented during 'Geneva International Motor Show' organized at Geneva in Switzerland. The 10 – day – long show that was kicked off on March 7, ended with huge fanfare March 17, 2019. Automakers rolled out new electric and hybrid models at the show. The automakers shown their zeal and were ready to meet tougher emis-

sions requirements in Europe. Volvo Car Group's Polestar displayed battery-powered midsize hatchback while Volkswagen is touting the whimsical ID. Buggy electric, dune buggy with water proof seat and holes, in order to drain off the water after surfing, were displayed. Honda also showed a battery vehicle. Lamborghini had the Huracan EVO Spyder convertible with a top speed of 325 kph (202 mph). Pininfarina unveiled the Battista, a battery powered speedster that can hit 100 kph (62 mph) in less than two seconds.

eople living around more trees and greeneries have lower risk of heart diseases, cardiovascular diseases, mental stress or lungs trouble, a research paper published in America reveals. The research paper was however widely appreciated in India, where a Mumbai based institution, Madhavbaug, joined the hands of the American experts. The institute is known for its efforts to control heart diseases through Ayurvedic treatments and SahyadriDevrai. Madhavbaug’s research on heart diseases, diabetes and hypertension has been published in reputed medical journals at national and international level, like the Indian Heart Journal, Lancet and the British

Journal of Medicine and Medical Research, as well as medical conferences like the International Conference on Clinical and Experimental Cardiology. So far, more than one thousand diabetic patients of Madhavbaug have successfully reversed their disease. In order to reverse these various diseases having their roots in incorrect lifestyle comprehensively and effectively, Madhavbaug has incepted treatment methodologies like diagnosis, control, reversal and rejuvenation. A seminar ‘Udaan, 2019’ was organized here on January 22, 2019 by Dr. RohitMadhav Sane, founder and CEO of Madhavbaug who formally launched the treatments.

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Green-covers, Trees Help Reducing Risk of Heart Disease

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Interview

Sincerity, Quality Together Enabled Us Achieve New Horizon of Growth: Nitin Aggarwall, CEO, Prayag

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eading bath assets and sanitary ware brands of India, Prayag, is now success in its mission to generate high-demand for its top-of-the-line product ranges. Showers, CP faucets, stainless steel kitchen sinks, sanitary ware, CPVC, UPVC pipes & fittings and hardware are among other major products. Prayag has been an undisputed and growing robust pace over the past couple of decades. However, the company is now set to touch a new horizon of growth. Passionate about sports, Prayag has once again joined hands with Team Kings XI Punjab for IPL 2019. Talking to the Observer Dawn, the CEO, Nitin Aggarwall, revealed the company’s secret to success and its future plan.

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OD: What is your brand promise and what sets you apart from your competitors?

Nitin Aggarwall: We aim to define elegance, for every home and institution globally, with our high quality and reliable product line. With vast experience and an excellent track record, we have positioned ourselves as a leading brand in the industry. We invest highly in R&D to manufacture exceptional range of product line for our valued consumers. Excellent team work and extensive planning by using the latest management techniques enables us to exercise direct control over the production of only the high-quality product line. Prayag is committed to define elegance for every home and institution globally through its unmatched range of high quality and reliable product portfolio.


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OD: Can you please throw light on your marketing strategy, which you think, has played a big role in defining your success?

Nitin Aggarwal: There is no any specific strategy, but what we believed in punctuality and sincerity so that we could take our decisions on time. I think these are the biggest success ‘Mantra’ of one’s success. Besides, the marketing strategy of Prayag has particularly been centred in creating awareness and generating interests among our valued customers so that they can use our innovative products. Consequently Prayag has got its foothold firm not only in India but also across the globe by exporting its products to Middle East, Sri Lanka and more. Moreover, Prayag has also continued its passion to sponsor major sporting events to reach out millions of young consumers over the years. Apart from contributing significantly in the development of sports, we usually encourage the players to excel in their skills, sponsor major sporting events and other such activities. Significantly, all such activities help us in reaching out millions of young buyers.

OD: How fruitful is the government’s ‘Make In India’ drive for the industry?

Nitin Aggarwal: The ‘Make in India’ drive has laid an impressive path for the growth, innovations and technological enhancement in the industry. Indeed, after such initiatives, the manufacturing sector has achieved considerable growth over the past few years.

OD: How Prayag is living up to its commitment towards promoting sports culture in the country?

Nitin Aggarwal: We at Prayag have been passionate about sports and we have already demonstrated our passion through

our association with a large number of sporting events in the last couple of years. Apart from brand building exercise, we have also tried our best to promote young India through these events. In the last couple of years, Prayag has been associated with Asia Cup as associates sponsors, IPL as official team partners of Kings XI Punjab, Title sponsors for Prayag Cup 2nd year in a Row (India –Zimbabwe), Atlético de Kolkata and Delhi Dynamos for ISL, Delhi Waveriders for IHL, U Mumba and Patna Pirates for Pro Kabbadi league, and lots more. Moreover, Prayag has once again joined hands with Team Kings XI Punjab for IPL 2019.

OD: What are your future expectations?

Nitin Aggarwal: We are delighted with the response that we have received for our products. We are excited to build on this positive market reception with aim to capture a large pie of the market. We have received excellent response from the customers for our most exclusive range of D’or Premium Bathroom Accessories for the true connoisseurs of superlative luxury. Created with innovation at every step, it boasts trendsetting fusion of style and elegance. Available in posh colours (rose gold, rhodium black) to suit every individual’s interior aspirations, this stylish and trendy collection is not less than a royal retreat. A timeless saga of contemporary design, D’or Premium Bathroom Accessories bring with it everything that brand Prayag epitomises— exquisite designs, luxury, opulence and class. Most desirable D’or Premium Bathroom Accessories collection is latest in the series offering immersive experience of timeless beauty. It takes you in a time machine to the era of Royals, where the boundless luxury and comfort rules. I assure you every time you use it, you will fall for its Artisan Design and Sleek Finish. With the Indian economy growing at a robust pace, there is a huge opportunity to disrupt the market through our upcoming state-of-the-art products in the New Year. We are all set to gain deeper market penetration and achieve Rs 250 crore revenue in this calendar year. nnn

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TOP ON NETFLIX Netflix

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IN MARCH 2019

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Netflix

s we know, Netflix, through its streaming platform, offers thousands of movies and TV shows to the masses. It’s still a tough task to find something worth watching out of the myriads of choices. The remarkable choice of service can be surprisingly accurate as per its recommendations. In its journey, the Netflix walked through the ridiculous amount of contents so that it could bring a list of some of the best movies on Netflix, at present. Whether you are into found-footage films, poignant documentaries, or a trip through Hollywood’s Golden Age, the Netflix covers it at large. Top ten Movies on Netflix are as follows:

Roma (2018)

Coco (2017)

The Ballad of Buster Scruggs (2018)

Zodiac (2007)

Directed by Alfonso Cuarón, who also produced, shot, and coedited the sets of this film, Roma is a 2018 drama. It was written in 1970 and 1971, and is the semi-autobiographical of Cuarón's upbringing in the Colonia Roma, adjacent to the Mexico City. The film had its world premiere at the 75th Venice International Film Festival on 30 August 2018, where it won the Golden Lion. It began a limited theatrical run in the United States on 21 November 2018, before streaming on Netflix in the US and other territories starting on 14 December 2018. It received universal acclaim, with particular praise given to Cuarón's screenplay, direction and cinematography, as well as Aparicio's and de Tavira's performances.

This is an anthology of six short films which took place in 19th century i.e. post-Civil War era amid the settling of Old West. The film was initially released on November 2016 in USA and it was directed by Ethan Coen and Joel Coen. It showed a series of stories of varying length and style, some as short and simple as jokes, others with the richness and depth of a great short story.

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This is based on a young boy’s search for his mysterious heritage and his musical voice takes him, quite literally, beyond this world in this charming, touching and joyful treat from Disney and Pixar. Set in Mexico on the Day of the Dead, the screenplay (by co-director Adrian Molina and Matthew Aldrich) cheerfully interweaves the traditions of the holiday and culture with its own rules of death and afterlife.

Director David Fincher’s breakthrough film was the serial-killer thriller “Seven,” but he had no intention of repeating himself with this 2007 mystery. Because the reallife Zodiac killer was never apprehended or tried for his crime, Fincher sidestepped the big payoff of most true crime stories, crafting instead a film that focuses on the kind of obsessiveness it takes to follow that trail, year after year, without a satisfactory conclusion.


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Cloudy With a Chance of Meatballs (2009)

Spotless Mind’ (2004)

Private Life (2018)

Heat (1995)

Flint Lockwood (energetically voiced by Bill Hader) creates a satellite that can turn water into food, transforming his forgotten fishing island into a gourmet destination and a tourist hot spot. But when the portions start to mutate into oversized super-foods, Flint has to find the courage to finish what he started. Anna Farris, James Caan, Mr. T and Bruce Campbell are the standouts in the voice cast, and while the little ones will love the images of hot dogs and spaghetti falling from the sky, there’s also a lesson to learn about being yourself and doing what’s right. ‘Eternal Sunshine of the

Kathryn Hahn and Paul Giamatti shine as two New York creative types whose attempts to start a family — by adoption, by fertilization, by whatever it takes — test the mettle of their relationships and sanity. The wise script by the director Tamara Jenkins is not only funny and truthful but also sharply tuned to their specific world: Few films have better captured the very public nature of marital trouble in New York, when every meltdown is interrupted by passers-by and looky-loos. “Private Life,” which our critic called “piquant and perfect”, is a marvelous balancing act of sympathy and cynicism, both caring for its subjects and knowing them and their flaws well enough to wink and chuckle.

Raiders of The Lost Ark (1981)

So much of this 1981 Steven Spielberg adventure has entered the realm of pop culture immortality — the rolling boulder, the melting Nazi face, the truck chase — that it’s easy to forget how fleetfooted, fresh and funny it is. Riffing on the Saturday afternoon serials that thrilled them as children, director Spielberg and producer George Lucas packed a full series of heroes, villains, cliffhangers and fisticuffs into a single crowd-pleasing feature.

This 2004 breakthrough film by Michel Gondry is a miraculous combination of science fiction ideas, romanticcomedy meet-cutes and lovelorn drama, somehow delivering on all counts. Working from a typically clever screenplay by Charlie Kaufman (“Being John Malkovich”), he tells the story of a perpetual sad sack (Jim Carrey) who subjects himself to an experimental procedure in hopes of erasing all memory of his ex-girlfriend (Kate Winslet).

Al Pacino and Robert De Niro, twin titans of their acting generation, had never shared the screen before the writer and director Michael Mann put them on opposite sides of the law in this moody, thrilling cops and robbers story from 1995. But the best surprise is that there’s so much more to “Heat” than their Big Scene — it features a cool as a cucumber heist scene, a heart-stopping shootout on the streets of Los Angeles, multiple meditations on the nature of obsession, stylish cinematography, and a jaw-dropping deep bench of supporting players.

City of God (2003)

This 2003 Oscar nominee from the director Fernando Meirelles renders its oft-told tale of neighborhood crime with such brash energy and intoxicating exuberance that it feels brand new. Meirelles and his co-director, Kátia Lund, construct their film as slum-kids “Goodfellas” like that film - “City of God” is based on true events, capturing the awful seductiveness of the criminal life and the dire consequences for those who choose it.

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Prof Sinha Is Still Alive In the Hearts of Admirer Art & Culture

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He may have left for heavenly abode over a decade ago, but he is still alive in the hearts and minds of thousands of his admirers across the region.

ften termed as a lord of justice among the downtrodden, late lamented Professor, Shambhu Sharan Sinha, was the head of the department of English in Giridih College, Vinoba Bhave Universityof Jharkhand.He belonged to the renowned intellectual groupsin Jharkhand – Bihar and mostly used to spend his time with deprived sections of the society, though he was a left party supporter. He was also elected as Vice-Chairman of Giridih Municipal Corporation in the early 1990s. Widely known for his result oriented scripts, Sinha stressed on creating social and communal harmonies. He also worked on defying impractical social dogmas that had ruined the lives of thousands of lakhs people across the region. What made him unique was nothing but the way he expressed his feelings about the prevalent social scenario and the philosophy behind this all. Surprisingly, most of his write-ups are in Hindi, despite he was an English Professor. On a question what exactly forced Professor Sinha to write his scripts and poems in Hindi, his pupils say, “He, actually, wanted his write-up to reach out the downtrodden so that they could understand the facts and act accordingly”. “It was in 1992, when the entire country was disturbed over the rampant communal disharmony occurring due to the alleged destruction of the controversial construction of the Babri mosque. The same night my parents were on their way from Patna to our native in Giridih. Though, they were not aware about the ram-

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pant communal tensions and disordersthat had flared up as a consequence of the incident. As soon as, my father deboarded the train and headed towards the platform (Giridih Railway station), he found a large chunk of passengers including Hindus and Muslims was camping. They were skeptic and scarred of the entire situation. However, all had to spend ‘a night on the platform’. But being a laureate and a renowned writer, my father scripted everything and transformed his write up into an ‘Act Play’ what he titled ‘Ek Rat Platform Par’ (A Night on Platform)”, said Professor Sinha’s eldest son, Dr Parimal Sinha, who is a well-known physician in the coalfield areas of Giridih. “As the act play was completely based on the relevant social issues, it was widely recognized and staged in myriads of events in Bihar, Jharkhand, West Bengal, Odisha and other areas”, Dr Parimal added. Professor Sinha laid emphasis on social discriminations and disorders caused by the communalism and casteism in the Indian societies. As these discriminations were largely prevalent in the remote rural areas of the society, particularly in the Naxal-hit areas of Jharkhand, Bihar and West Bengal, he focused on relevant social issues and scripted them in various forms including story, poems, act plays etc. Although, majorities of his creations are missing due to his early death in 2009, we are trying to collect every write up. Further, we have planned to incorporate all his creations in his Biography that we have planned in the days to come. “Sinha’s creations are still relevant in the society and often


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staged in various state and national level program. Apart from women atrocities, social disharmony, poverty-stricken people, he widely focused on education mafias”, said Satish Kundan, the secretary of Kala Sangam, a national level Organization, meant to organize Multilingual Dance and Drama competitions across the nation. Sinha’s book, ‘Pighalta Tajmahal’ comprises four significant, out of hundreds of script writings and poetries, act plays. These are: Ek Rat Platform Par, Ek Aur Abhimanyu, Pighalta Tajmahal and Babool Ka Jungal. Titled after Sinha’s one of the most famous ‘act plays’, ‘Pighalta Tajmahal’ reflects the woes of dowry system in the society and is still relevant. “My husband believed that marriage symbolizes the depth of love and ever-ending relationship between wife and husband. And in the medieval period, the same was defined by Shah Jahan through ‘Taj Mahal’. But over the past decades, incessant killings of married women for dowries and other such incidents have defied the actual meaning of marriage, love and affection. As a consequence, the glories of love are gradually disappearing as if the ‘Shining Taj Mahal is Melting’! And, hence …. he created – Pighalta Taj Mahal”, Adv Kumud Sharan Sinha, wife of Professor Sinha, spoke with her shedding tears rolling over the desk. “Most important part of his life was that he stressed on the ground level problems of the masses and found out solutions for them despite limited resources”, quoted Sunil Manthan, who edited his recently inaugurated book, Pighalta Taj Mahal, a handbook comprising Sinha’s famous ‘act plays’ and other important collections. The function was organized amid the weeklong ‘Multilingual Dance and Drama Competition – 2019’, a national level cultural fest organized by Kala Sangam, in Giridih district of Jharkhand last month.

Journals of National School of Drama Theatre India

NSD’s bi-annual English journal, Theatre India, has commendably represented the wide range of contemporary life and traditions in India. The main ambition is to aware the theatre lovers with the different forms of the art and culture by getting rid of the barriers of language, region and culture. The magazine is meant to bridge the gap between readers from diverse linguistic backgrounds.

Raj Bhasha Munjusha (19th Edition)

Raj Bhasha Manjusha is one of the significant Hindi journals of the NSD that the institution has published to commemorate the Golden Jubilee of the Indian Republic. Its main objective is to encourage the officials of the National School of Drama in the progressive use of Hindi and also to encourage them to try their hand in literary pursuits. The School authorities, apart from prominent Hindi writers, contributed articles to complete the journal. This is one of the non-priced publications of the NSD.

Rang Manch

Rang Manch is a quarterly newsletter of the NSD which was started in the year 2007. The main aim of the newsletter is to keep a record of the events, program or activities of different branches of the NSD. On the other hands, it also serves as a record for the statutory meetings, productions, festivals, literary gatherings and extension workshops that NSD conducts and organizes. OD Bureau nnn

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The Republic of India Rules Over the World Cover Story

By

2032

India is in a period of unprecedented opportunity, challenge and ambition in its development. Already the world’s third largest economy in purchasing parity terms, India aspires to better the lives of all its citizens and become the largest economy of the world by 2032, well before the centenary of its independence.

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Cover Story

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ware that the growing deployment of Gross Domestic Product (GDP) has set in motion a global Economy transformation with significant implications for GDP. Rakesh Purohit, the Director-General of the Hot Marketing & Research Agency (HMRA), with the support of the Observer Dawn Team, convened the Global GDP ranking. The HMRA comprises a diverse group of distinguished leaders from the worlds of economics, trade, politics, manufacturing, farming and development. This is an independent body with members serving in their different capacities. The report analyzes the GDP implications of the global economic transformation. It is the culmination of months’ deliberations by the HMRA, involving many meetings held

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in Delhi. All meetings were convened in consultations with business leaders, academics and policy thinkers. It is informed by many background papers drafted by experts in the fields of GDP. Hot Marketing & Research Agency (HMRA) takes full and independent responsibility for this Report, which reflects the consensus of its members. Neither the Observer Dawn nor any person acting on behalf of the Hot Marketing and Research Agency is responsible for the use which might be made of the given information. The views expressed in this publication are the sole responsibility of the author and do not necessarily reflect the views of the Observer Dawn.


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SURVEY TEAM

Rakesh Purohit

Sonu Goel

Hariom Tyagi

Sonali Dutta

Karan Mutneja

Yogesh Sood

Pravin K Mishra

Mithilesh K. Singh

Swapnil Srivastav

Kuldeep Tyagi

Praveen Singh

Ravindra Kirti

Mithlesh Yadav

Ishaat Zaidi

M. Akansha

Ankit Mishra

Ridhi Rawal

Jatin Arora

Vishal

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India's Future Economic Prospects Opportunities and Challenges Cover Story

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I

ndia is in a period of unprecedented opportunity, challenge and ambition in its development. Already the world’s third largest economy in purchasing parity terms, India aspires to better the lives of all its citizens and become the largest economy of the world by 2032, well before the centenary of its independence. The long-term GDP growth has become more stable, diversified, and resilient. Over the next few years, India is expected to grow at well over 7 to 8 percent per year, with progress being buttressed by dynamic reforms in the macroeconomic, fiscal, tax and business environments. Here is one question what everyone must relate with the economic growth or becoming the biggest economy, will it eliminate poverty, does it mean strongest country (defense power), improved education system, less unemployment, and heavy industrialization. The answer to every question is NO. It doesn’t necessarily improve individual lifestyle, employment opportunities or any other development parameter when we draw any conclusion in the Indian context. Let’s first understand the meaning of being the largest economy. It is ranked by minimal GDP. According to the Wikipedia, thr

Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period, often annually, GDP (nominal). India’s biggest challenge is its population and the way it's growing, this will continue to put it behind, when we calculate Per Capita Income with GDP growth. China and India are emerging together and a global competitor in the race of being the world’s largest economy. It is noticed that India and China are developing countries, means both of them are not a developed country. Interestingly, the Indian population is growing much faster than China. It will keep India at a similar level of present-day no matter if we are the largest economy or not in the top ten. It is impossible to left out India from the list of top ten or top five economies in the world. Indeed, India has a vast population and a large workforce, which is bound to put India in the top list, but will it make the country a developed economy? Everyone left with doubts. The year 2032 is the targeted period when we can see India as the largest economy, although we will surpass China in population chart much before that and top rank will not be justified with the standard of living of people in India.

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Cover Story

If Indian wants the standard of living should match with the size of the economy, then ideally they should become the world’s number one economy in the year 2032, leaving behind the USA, China and other countries. Japan, UK and Germany are still ahead of India and these are developed countries. And there is no price for guessing why it is ‌ they have a small population in comparison to India. Here we are trying to estimate how India can become a developed country as well as the largest economy. For that, it needs to understand parameters that can accelerate or speed of economy. The answer is simple, more production, competitive pricing, increase export, competing the domestic market, creating new markets for Indian goods, etc. but only focusing on speedy factors will not be sufficient. Here I want to bring topics of major concern those are speed breakers and cause regular setbacks to us. First is terrorism. This is the biggest challenge for the Indian economy and if India does not control it, the country will never be able to gain eco-

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nomic dominance globally. Look at the other economies how they are affected by terrorism, this is not the complete list, we are taking account of significant economies of the world to understand this issue. TERRORIST INCIDENTS BY COUNTRY IN 2017 Country

Number of Incidents

Deaths

Injuries

India United Kingdom United States France Germany China

966 122 65 41 27 6

465 42 95 7 1 16

702 301 932 28 10 76

Global

10,900

26,445

24,927


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Other than terrorism, we also saw US, UK, France are also involved with different global conflicts, to protect the business interest and effort to bring stability in the reason where these countries have a business and strategic interests. India is not involved directly in such conflicts but it is continuously engaged in a hidden war with Pakistan. In the other hand, China is not the part of any significant conflict and from a long time continuously focusing on growing there economy. We will see its effect on all major economies in the future. We are moving step by step how international biggies will play in the time to come and what kind of compulsion they will face to keep them alive and winning in a trade war. As we have seen that China is not engaged directly into any conflict or fighting wars internationally, it is not vulnerable for terrorist activities, like India and the USA their economy is likely to grow with the same speed in recent times, we also forecast India to overtake United kingdom in global ranking in the year 2019. S. No.

Country

1

United States

20,374,042.11

2

China

13,358,979.26

3

Japan

5,039,335.34

4

Germany

3,841,332.34

5

India

2,870,097.68

6

United Kingdom

2,728,556.69

7

France

2,689,654.78

8

Brazil

2,161,672.88

9

Italy

2,003,178.11

10

Canada

1,728,408.95

Brazil, one of the essential members of BRICS will struggle to improve their economy faster than other players and India is expected to jump one more step closing to the Japanese economy. Germany is not going to get many shares in different trade blocks and will depend on their business within Europe only. S. No.

Country

2024

1

United States

22,880,565.41

2

China

17,893,190.58

3

Japan

5,278,056.27

4

India

4,904,792.85

5

Germany

4,231,916.90

6

United Kingdom

2,930,109.16

7

France

2,925,543.15

8

Brazil

2,485,788.30

9

Italy

2,106,986.71

10

Canada

1,909,762.84

2019 The Chinese economy will start facing hurdles. Moreover, it will drop its pace. Role of China will increase but due to its policy of not involving into international affair will affect its capacity to protect there market share. Keeping your country safe will not be sufficient. China doesn’t have a habit of direct involvement in different economic blocks like the US will get strong hit back in African and East European markets. We all know China heavily depends on its future business through CPEC and that will give him advantages (cheap transportation) into this region. We expect China will also suffer in the American business block and if the country start acting like the US, which often gets involved into any international conflict directly to save its business interest,

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Cover Story

they will need to move a huge resource which is not possible for their economy which is highly dependent of goods export mainly of direct consumer uses. Long time due to the initiative; India will start new phase after suffering strong opposition in domestic front which is causing a big problem of land acquisition and will have to change policy for incentivizing only new ventures or 100% EOU (Export Oriented Units). India will be forced to incentivize all those businesses which can generate direct employment. Moreover, in this period, we believe that the results will start coming immediately. India is going to surpass Japan and we will see South Korean economy entering into top 10 club. S. No.

Country

2025

1

United States

23,452,579.55

2

China

18,787,850.10

3

India

5,557,130.29

4

Japan

5,346,671.00

5

Germany

4,308,091.40

6

France

7

the international market by influencing them through various modes. It didn’t work in their way, and China took advantage of copying outside technology and producing cheaper products. We believe as many patents are now crossing the limit of protection, which was exploited by the countries like China to defeat US companies. New technology and new patents of the product will bring the US back into business and push China back. India having huge technically qualified and cheap labor force is going to be natural allies for the US and this will benefit our economy by this action S. No.

Country

2030

2,975,277.38

1

United States

25,692,822.91

United Kingdom

2,965,270.47

2

China

23,189,353.88

8

Brazil

2,577,762.47

3

India

21,248,444.40

9

Italy

2,123,842.60

4

Japan

5,752,143.01

10

Korea, South

1,946,319.31

5

Germany

4,750,120.61

6

France

3,240,351.19

7

United Kingdom

3,186,996.80

8

Brazil

3,057,533.58

9

Korea, South

2,225,982.20

10

Italy

2,212,528.88

Americans will recover fast in the domestic market after losing to China for a long time. We expect innovation is coming in consumer goods which are not happening from the 1990s. American companies showed a lazy pace for innovations in consumer products these days as they were more focusing on fighting out

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China will slip down to the third position. This may lead to many challenges to China including domestic issues. It’s likely that China may face a similar position of USSR after regular economic setback. Great news for India to move another step forward.

6

France

3,355,009.71

7

United Kingdom

3,286,096.59

8

Brazil

3,271,690.33

9

Indonesia

2,364,033.25

S. No.

Country

2031

10

Korea, South

2,350,270.74

1

United States

26,129,600.90

World Outlook about India

2

India

24,095,735.95

3

China

24,070,549.32

4

Japan

5,840,766.28

5

Germany

4,847,056.32

6

France

3,297,112.42

7

United Kingdom

3,236,098.86

8

Brazil

3,162,734.14

9

Korea, South

2,287,234.55

10

Italy

2,231,372.99

The World Bank has forecast that India will continue to remain the fastest growing economy in the world in 2018-19. In a report that was released in January-2019, the World Bank said India's Gross Domestic Product (GDP) would grow at 7.3 percent during the ongoing financial year. In comparison, China is expected to register a much lower growth rate of 6.3 percent in 2018-19. These predictions have been made in a report prepared by the World Bank titled: 'Global Economic Prospects: Darkening Skies'. The report says that most world economies stare at dark times in this financial year. However, it has projected a brighter picture for India and the South Asian region as a whole. In India, the recent introduction of GST and steps toward demonetization are expected to encourage a shift from the informal to the formal sector. According to the World Bank, India's GDP will grow at 7.3 percent in 2018-19. This will further climb up to 7.5 percent in the next two financial years. The World Bank reasons that this is a result of increased consumption and investment. Besides, it says that the economy is regaining after a temporary slowdown due to demonetization and the implementation of GST. In comparison with India, China's economic growth is projected to slow down to 6.2 in 2019 and 2020 and 6 percent in 2021. In 201819, China's GDP was expected to grow at 6.5 percent. There is another report according to IMF’s survey and that is quite emphasizing the current situation as well as the upcoming position of Indian in the Economic state. Hot Marketing and Research Agency (HMRA) survey is more likely the current economic scenario of India. The HMRA survey clearly shows, India will be the biggest economy by 2032. India’s economy has all elements which would make it the world’s robust economy. Undoubtedly, India would rule over the globe.

India will become the global powerhouse of trade leaving the US behind by 0.5 trillion. However, at the same time, the US economy will also shift its gears. Here, we will see an increasing gap between China and the top 2 rivals. In the time to come, Indonesia will join the Club of top 10 economies whereas, Italy will move down, the Japan and Germany will be fighting together for 4 and 5 places respectively. S. No.

Country

2032

1

India

27,228,181.62

2

United States

26,626,063.32

3

China

25,057,441.85

4

Japan

5,931,006.12

5

Germany

4,946,178.62

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Cover Story

IT & ITES Will Play A Vital Role In

Making India Largest Economy

T

he Status of India in various sectors has become a matter of routine discussion of its superpower capabilities and such regular discussions can be positive for every Indian. There are many Pillars behind this debate, in which the young population of India, which is growing at a fast pace, strong presence with innovative solutions in the service sector can be counted prominently. At the same time, the growth rate of the other developed countries are saturating while Indian GDP is increasing in pace. There is no ifs and buts about India’s development and we are getting developed in all dimensions and India especially achieving rapid growth in the field of IT. Let’s have a close look at this sector. Before talking about the IT Sector, we must know the strength of this sector. The whole world already accepted our power in IT. It’s the time to know our strength and feel that where we are in the field of Information Technology? According to a report of India Brand Equity Foundation (IBEF), India's IT sector has contributed about 7.7 percent of the country's GDP. The IT industry employs approximately 3.97 million people. It has also been said in this report that more than 250,000 new jobs can be added to this sector in the financial year 18 and 2019. We have multifold expectations of this sector. Interestingly India is in the race of superpower and it is important to know what amount IT sector is

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going to contribute to making India a superpower. We should also understand that how fast IT Sector will grow in the coming decade. There is already a huge demand for IT services, worldwide, has been quite high. According to one figure, at the global level, the information technology market had reached USD 3.65 trillion in 2018 and continuous growth continues. In the same context, if we are talking about the local scenario, then the demand for IT services at the local level is increasing rapidly. Today every person has become a member of 'Global Village,' and the foundation of this 'global village' concept rests on IT services. Largest companies are now moving to Tier-2 and Tier-3 cities in countries like India. After Metro cities, expansion in small cities can be a big game for every IT Company. An industrial report has revealed that 18 new cities with huge foreign investment in India have become big business centers. All these things are possible due to IT services and software for obtaining international standard and efficiency at the local level. This way, the web services to small software use and big software like ERP systems use are increasing rapidly. The story is really interesting in 'ITGrowth and it is about the opportunities coming in the various new sectors. Demand is moving at a very fast pace in many traditional areas, such as manufacturing, local retail network,


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education, and other such categories. Previously in these sectors, IT and IT services were not used prominently, but the scenario has been changed. In the coming days, many such sectors are close to information technology and obviously, the demand will increase and this demand will strengthen those steps of India with confidence, which are moving towards superpower. Here we are analyzing the global positioning of Indian IT Sector as well as Indian origin people serving in this industry. Mr. Sunder Pichai (CEO, Google LLC), Satya Nadella (CEO, Microsoft Inc.), Shantanu Narayana (CEO, Adobe), Francisco D'Souza (CEO, Cognizant) are among the few names who are a vital person in Global Companies. It made clear that Indian talents have the highest grade in the globe. Even China's leading publication house Global Times has revealed in an article that Chinese professionals are far behind in carrying out major responsibilities in IT companies.

we consider this growth rate as a parameter then by 2032, the largest part of digital spending will come into the pockets of Indian companies and professionals. Further, we can assume that India's IT industry is focusing on emerging digital opportunities, which is going to be a significant segment in the next few years. At present, this sector is the fastest growing sector, which is growing at more than 30 percent. Indeed, behind this global positioning, we can give credit to our innovative, global norms and regular research! India has become the world's digital hub. • More than 8,100 Indian companies are providing digital solutions. • A fine digital talent pool exists between 450,000 and 500,000, a vast pool. • Seventy-five percent of global digital talent in India. We are not only active on the scale of global footprint but also

It is a matter of pride for Indians! If we talk about the world's top IT companies, the Indian origin companies have their prominent position. Talking about the world's largest IT companies, India's influence can be seen everywhere. TCS (Tata Consultancy Services) and Infosys are among the top 10 companies in the world. Besides TCS, other Indian companies are supplying their services in a better format and it tends to confirm that our standard is truly global and there is very few organization left to compete with us. In the coming days, our position would be much better. If we have a look at the figures, global digital spending was UAD 180 billion in 2017, and it would be USD 310 billion by 2020. If

successful in competitively presenting ourselves. You should not be surprised to know that Indian companies can provide cheap solutions, which is 5 to 6 times more inexpensive compared to the US IT Companies. This is a factor which has done the job of bringing us to monopoly levels in the field of services. Indian Government’s proactive approach and Startup India programme are impacting on the Industry. Ease doing businesses like single window clearance and tax exemptions major factor in giving pace to Indian IT companies growth. Likewise, robust IT infrastructure in various places of India, such as Bangalore, Gururgram, put us ahead of other competitors worldwide. Now there is no doubt that the world will change in a decade and India’s economy would be the world’s biggest economy, which make India a superpower. Moreover, IT and ITEs will play an essential role in inflating the Indian economy.

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Top 10 Top Realtors

Real Estate Companies In India

With enormous growth in multiplexes, commercial and non-commercial complexes, India turned to be a big hub of real estate business.

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A

s the time passed, ‘Real estate’ became one of the most sought-after businesses for small as well as the large scale traders across the country. As per the media reports more than 6% of India’s GDР is covered through the real estate business in the country. The top realtors are leaving no stone unturned in generating vast range of construction projects with their faster pace across the region. Besides, this sector has also marked a significant contrition in generating employment opportunities for skilled and none skilled youths across the nation. As a result, from Metropolitan to the Cosmopolitan Cities and from small town to the big cities, the Real estate’ is success in spreading its wing since more than a decade. This sector has tightened its grip among middle as well as the higher-middle class citizens, especially those planning to live in the urban areas. Besides, this sector is attracting various other industries in the market. Barring some lacunas and cases related delayed delivering or other such issues due to some technical snags, there are various real estate companies that have played vital roles in bringing multi-corner developments in the Indian cities. If everything goes well, the Real Estate sector may reach up to $ 1 Trillion by 2030 in India. Below is the list of top ten Real Estate Companies that have spread their roots in different parts of the country over the past decades ...

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Top Realtors

DLF Limited

With a network more than 15 states, the DLF Limited is dominating the Indian real estate market. Apart from developing more than 20 – 22 colonies in South Extension, Krishna Nagar, Kailash colony, HauzKhas, Rajauri Garden and other locations in Delhi, the DLF Lmited has spread its wing in Karnataka, Maharashtra, West Bengal and other state of India. While, the DLF Limited’s present market value is about Rs. 20334.15 crore, the net income of the company till 2016 was estimated about Rs. 5.13 Billion. Various IT and International corporate companies including Citibank, Bank of America, Infosys, Microsoft, GE, IBM and others often preferred DLF colonies for residential as well as the commercial purposes. • Luxury Project of the year (Queen’s Court) and Residential Property of the year Award (DLF Promenade) by ABP News. • In 2017, the DLF Limited won various awards: Best Food and Nightlife Development Award (DLF CyberHub) by Times Food Awards. • Mall of the Year (DLF Mall of India) by Franchise India Group.

Oberoi Realty

Owned by one of the richest billionaires of India, VikashOberoi, Oberoi realty was started in 1980 ans was listed in the Bombay Stock Exchange in 2010. The company has completed almost 39 projects spread over the area 9.96 Million Sq feet across the Mumbai city of Maharashtra. At present the market value of the Oberoi realty is about Rs 8000.12 Сrоrеѕ. The company is presently constructing Three Sixty West, which is the second tallest tower in India. Oberoi Woods, JVLR Oberoi Sky City, Borivali East, Oberoi Parkview, Kandiwali West etc are among the most significant projects of the Oberoi Realty.

Prestige Group

In 1986, the prestige group started with a single project, and at present the company has completed more than 200 projects covering an area of 77.2 million square feet. The company’s total turnover till the finance eyar 2015-16 was estimated 3518 crore. Ozone, Forum Value Mall, Prestige Golfshire, Prestige Lakeside Habitat etc are among the wellknown projects of the company. In 2016, the company won various prestigious awards like: Premium Villa Project of the year for building prestige Summer fields and Certificate of Excellent Awards etc.

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HDIL

This is a Mumbai based real estate company. It was initially engaged in construction of the residential projects right from its foundation in 2017. The company has completed the projects of more than 100 million square feet in the real estate section. Company’s total market value is about 3033.59 Crores and at present this is one of the best companies in India. In India, most of the company’s residential projects consist of apartments and towers. Besides, they have also built office spaces and multiplexes cinemas as a part of their commercial services.

Godrej Properties

Godrej Properties was established in 1989 and is part of Godrej Group, which is considered as one of the largest conglomerates in India. With making huge presence in more than ten cities of India, the Godrej Properties is one of the leading real estate developers in the country. The company witnessed its highest ever sales in the finance year 2017- 18 and added 12 new projects with a saleable area of 23.5 million square feet. As per the information, the total income of the company has reached up to Rs 2,086.92 crore in the Finance year 2017-18 and about Rs 1,553.80 crore till the first two months of 2019.

PNC Infra-tech Limited

This is one of the infrastructure construction, development and management companies in the country. It has a wide experience and proven expertise in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, industrial area development and other infrastructure activities with an established track record of successful execution of projects across sectors and geographies. The company offers end-to-end infrastructure implementation solutions that include engineering, procurement and construction ("EPC") services on a fixed-sum turnkey basis as well as on an item rate basis. At present the company’s market value is about 1936.25 Crore and they are certified with ISO 9001: 2018.

Indiabulls Real Estate

The company, Indiabulls Real Estate was started by Summer Gehlot when he started working on multiple projects of residential and commercial developments in the cities like: Delhi, Bangalore, London and others in 2005. Since then the company has entered into the list of top ten real-estate companies of India. The net income of the company is worth Rs 4819 crore and total gross development value is about Rs 33668 Crore. Presently the company is working on at least 15 projects in India. Indiabull’s Center and Indiabull’s Financial Center that have commercial space of over 3 million sq feet is one of the iconic landmark of the company. It has an active listing in BSE and Singapore Stock Exchange.

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Top Realtors

Brigade Enterprises

Brigade Enterprises is one of the best property developers in India who primarily has business operation in South India. With its head quarter is situated in Bangalore, the company has its major operations in various cities like Chinnai, Hyderabad, Coimbatore, Kochi and Mysore. The market value of Brigade Enterprises till 2016 was estimated about Rs. 1676.62 Crore. The company has premier partnership with Housing.com that offers online sale service for its project. Spread over an area of more than 1858045 Sqm, the company has completed more than 100 projects since its establishment. Apart from winning various prestigious awards the company has earned certifications like: ISO 14001, ISO 9001: 200 Quality assurance etc.

OMAXE

Omaxeis one of the leading real estate companies of India and is owned by RohtasGoel. Goel is among the top 50 richest Indians with an amazing net worth of $ 1.20 billion. Spreading its network in almost eight states of India, the company has started constructions of integrated township, group housing, office spaces, hotels and shopping malls. The company undertakes portions of its operation in UP, Punjab and Haryana. Presently the company is undertaking around 39 constructing projects comprising 10 commercial spaces, 13 group housing and 16 townships. The consolidated income of the company in the finance year 2014-15 was estimated 1431 Crore. The company has won various awards like: Special Jury Awards for Excellent contribution to the real estate and others.

Ansal Housing

One of the premier real estate developers in India, AnssalHousing has developed construction projects of around 76 million square feet over the past three decades. This company is running projects in more than 22 cities like: Merrut, Alwar, Jammu, Karnal and others. The company is owned by Deepak Ansal, who is also the Chairman of the company. Apart from others, some of the best projects developed by the Ansal Housing are Ashiana (Lucknow), Ansal Heights (Mumbai), Neel Padm and Neel Padm I (Ghaziabad) etc. The company has own many prestigious awards such as: The Brand Icon 2017, Jewels of India 2013, Indian Realty Awards 2015 and others.

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Book Review

CONTEMPORARY CONVIVIALITY OF TRADE UNIONISM:

PERSPECTIVES FROM THE POWER SECTOR Poornaiya Sreenivasan is General Manager [Human Resources & CSR] of Indian Renewable Energy Development Agency Limited (IREDA). He is playing a key role in Non Banking Finance Company [NBFC] for “Employee Engagement” and ensuring the “Learning & Development” of the personnel of his company. He holds Two Post Graduate Degrees in the fields of Social Work and Management. He has Ph.D in the discipline of Management from Indira Gandhi National Open University [IGNOU], India. He was instrumental for three long term settlements and process of HR Road Map in Power Grid Corporation of India Ltd [POWERGRID]. He secured “Outstanding Industrial Relations” Award by AIEO in 2009 for PWERGRID and “HR Excellence Award” by India Today in 2015 for IREDA.

TRADE unions started as champions of the poor, and of the oppressed. They fought valiant battles, made great sacrifices to secure economic justice for poor, ill-treated workers. Eventually, they succeeded; the workers they organised became prosperous beyond wildest dreams. That phenomenal success itself has been the undoing of the trade union movement, particularly in India. The Book by Sreenivasan Poornaiya addresses a contemporary issue in Indian Trade Unionism using modern research methodologies. Focusing on three major Indian PSUs in the power sector namely POWERGRID, THE NHPC, and THE NTPC. Furthermore, these organizations are power sector leaders in transmission, hydel power generation and thermal power generation respectively. All the organizations and companies in the industry try to emulate these organizations since they are the benchmarks for the best practices. Moreover, these organizations are the harbingers of ideal dovetailed mechanisms for “working together” irrespective of their labels of trade union or management and create a win-win situation for each other in the Indian Power industry, it is imperative to study them as a researcher. The study becomes all the more important as Sreenivasan Poorniya is a functioning professional in this industry. Hence the cognitive proximity has prompted this research as a natural corollary of bringing out the entire dynamics of the ground reality where rubber meets the road. The study uses a mixed methods approach to understand the linkages among various variables influencing trade union behavior. A qualitative methodology involving focus groups is first used to understand important variables. Based on the literature and from the results of the qualitative study, a set of hypotheses linking these variables are developed. These hypotheses are then tested using questionnaire survey and the structural equation modeling methodology. Several of the variables (such as benchmarks, compatibility, leadership traits, signature steps, development, cohesiveness, etc.) and the identified links are interesting in Indian context. The authors need to be complimented for articulating the aspirations of the Trade Unionism movement in the changed global situation; whereby in this changed scenario , the management is compelled to seek the co-operation of trade union functionaries. The trade union story is similar to that of Henry Ford's Model T car. For years, the Model T was the bestselling car in the US. After some years, customers became more prosperous, and wanted something better. Though the market changed, Henry Ford would not, and drove his company almost to the verge of

Poornaiya Sreenivasan

bankruptcy by not allowing a model change for almost 20 years. Likewise, although capitalists have changed, trade unions have not. They still cling to the same philosophy and strategy that they first devised to challenge primitive capitalists. It is a cardinal principle of the trade union movement that all workers must be united, and hence there must be trade union monopoly. In consequence, unlike the case of the competitive market, there is no in-built, internal regulatory mechanism for trade union activity. Hence, trade union demands tend to become excessive, and often acquire the nature of a free lunch. As there cannot be any free lunch in nature, something else has to give. In this case, the movement itself has been weakened by its own excessive demands. The book clearly brings to the fore that the relations between labor (the trade Union) and management is based on the mutual adjustment of interests and goals. Trade Unions as an institution have their own structures and activities. With a shift from industrial economy to knowledge economy ;Trade unions will have to convince employers that it is worthwhile and profitable to persuade their workers too to accept better civic amenities sometime in the future in place of immediate cash payment. They will have to get the government too on their side. It is a moot question who will be most difficult to convince — employers, workers or government officials. This study is timely in understanding the complex issues in Indian trade unionism. The authors have brought about a unique blending of the emerging cooperational coexistence of both entities namely management and trade union to come together for a mutual and sublime relationship from concept to completion of the pot- pourri. On the one hand, the book provides the framework for ensuring the continuation of this conviviality ; it also provides a step by step actions leading to the roadmap for maintaining a fine balance between management and the trade union. I am sure that the findings of the study would strengthen the management of trade union movement. The study could have developed a more critical approach to literature review and could have specified the research questions more clearly. It would have prepared a comprehensive structural model highlighting all the significant links among various variables. Inspite of these limitations, I believe that this book has brought out new lights on some of the most important aspects of Indian Trade Union in the context of the Power Sector. Overall, kudos to the authors for bringing to the fore the issues and challenges for mutually beneficial relationship between trade union and management in today’s changed global situation – political as well as economic . nnn

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Decoding the NFV Security Special Tech

Series -II

W

ith the arrival of new technology, threats also simultaneously accompany them and NFV/SDN is no exception to this phenomenon. This series is dealing with three significant issues in a comprehensive manner that By Nidhi Sharma hugely impacts security parameter of NFV/SDN, i.e.Distributed denial-ofservice (DDoS)attack & mitigation, VNF security & management and Malicious insider. DDoS is widely used as a deep penetration attack over network that brings catastrophic interruption in services while creating network jam, draining server resources and blocking normal function of network components. However, the ecosystem of NFV is such,DDoS can do mammoth damage and lead to shut down of entire NFV ecosystem. As such this chapter, Decoding NFV Security (series – II), is dealing with the mitigation approach com-

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prehensively with proven approach. The other major components of NFV security are VNF security and management that have wider implications on entire NFV ecosystem.

DDOS Attack & Mitigation Distributed denial-of-service attacks (DDoS) pose an immense threat to the virtual world, and consequently many DĂŠfense mechanisms have been proposed to combat them. Attackers constantly modify their tools to bypass these security systems, and security professionals in turn, modify their approaches to handle new attacks scenario. The DDoS is open & fertile terrain for attackers and has been evolving quickly, and now it is becoming increasingly hard to grasp a global view of the problem. One of the most potent threat to NFV architecture is DDOS attack and it's been evolving and spreading its tentacles in newer ways, if not dealt properly, it can still pose a great challenge to the security features of NFV. A distributed denial-of-service attack deploys multiple machines in an explicit attempt by attackers to prevent legitimate users of


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a service from using that service. The service is denied by sending a stream of packets to a victim that either consumes some key resource, thus rendering it unavailable to legitimate clients, or provides the attacker with unlimited access to the victim machine so he can inflict arbitrary damage. The traditional methods of DDoS detection are limited by the computation capacity of the dedicated hardware, such as firewall and routers. The use of NFV provides flexibility and scalability to deal DDOS attack, however, it has still many security concerns to deal with. There are many solutions available to counter DDOS attack in NFV but load balancing algorithm looks smart solution to this problem. Load balancers are ideally suited for inclusion within a layered security model. The primary function of a load balancer is to spread workloads across multiple servers to prevent overloading servers, optimize productivity, and maximize uptime. Load balancers also add resiliency by rerouting live traffic from one server to another if a server falls prey to DDoS attacks or otherwise becomes unavailable. In this way, load balancers help to eliminate single points of failure, reduce the attack surface, and make it harder to exhaust resources and saturate links The DDoS attack traffic mostly includes the SYN packets. With the support from Network Function Virtualization (NFV) technology, this can be done in a significantly lower cost, with higher flexibility. DDoS defense mechanism based on Network Function Virtualization platform is most effective to tackle such an onslaught from attackers, it is capable to balance with the attack load. Such mechanism uses dynamic network agents to intercept packets when the system experiences DDoS attack. And according to attack strength, a virtual agent is dynamically deployed to tackle SYN. Using VNF as dynamically allocated resources can be a potential defense to thwart the DDOS attack. The VNF can be used in two ways as a dispatcher & as an agent for DDOS defense. Dispatcher: The dispatcher is the gateway to the virtual filtering system and used to distribute incoming packets to agents. The agents can be created and removed dynamically based on demand, and are responsible for filtering out malicious traffic. The dispatcher is a load balancer,where packets are delivered to corresponding agents to maintain moderate and balanced utilization rate on agents. Agents: Agents are dynamically created packet handling agents. The purpose of agents is to filter packets that use fabricated source IP addresses. Furthermore, agents can also act as dynamic firewalls to block suspicious flows. The agents can be deployed dynamically according to the demand. The dispatcher executes a dynamic agent assignment algorithm to distribute the incoming packets to the agents for filtering. The system will increase the number of agents when there is a huge flow of incoming packets. When there is an in-

creased number of incoming packets, the system will deploy new agents by creating more virtual machines. The dispatcher will then add the new agent into the list. For example, it will add the new agent ID into the agent list for the agent selection function to choose from. When the incoming traffic decreases, the dispatcher may turn off some agents to save energy. Before deleting an agent, the dispatcher updates its mapping table. The algorithms make sure that the dispatcher does not allocate new flows to the retiring agents However, NFV offers huge advantages by delivering the critical network functions that organizations need, without the presence of specialized physical appliances. This allows organizations to reduce costs and complexity, and simultaneously enjoy improved scalability and faster deployments. But despite such advantages, these networks are also inherently vulnerable to DDoS

attacks. Anyone who is deploying NFV network must carefully consider their security solutions in order to protect their virtualized networks and data. To fortify resources against a DDoS attack, it is important to make the architecture as resilient as possible. The fortifying network architecture is an important step not just in DDoS network defense, but in ensuring business continuity and protection from any kind of outage or disaster situation. While using NFV infrastructure, one must ensure that there are no flaws in architecture, its well-fortified and protected against any attack and everything is planned beforehand.

VNF Security & Management Securing VNFs is both important and challenging since the VNFs might be performing some mission critical operations and exchanging sensitive information among each other. The problem lies in the implementation of current cloud infrastructure where security of traffic is not considered at large. The exchanged traffic among VNFs is mostly unencrypted and subject to eavesdropping. Hence the mammoth challenge lies in managing VNFs and implementing it properly in NFV environment. So, to understand VNFs security, one must focus on understanding its life cycle,

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Special Tech

However, managing its life cycle is just a one step in going in the right direction. There are several factors that will determine VNFs comprehensive & holistic security.First, let us remove one of the simplifications that a VNF is a single entity, for example, a virtual machine. More commonly, a VNF consists of a group of virtual machines with the same (a cluster) or different software images (VNF Components or VNFCs). In either case, each virtual machine has a unique identity and they are distributed to various computing units, not necessarily on the same physical servers. They communicate in the same way as they used to communicate in the legacy system. This is similar to a backplane in physical systems where control modules and line modules are interconnected, or there is an Ethernet-based network fabric in a data center.Inside a VNF, this interconnection is dynamically propped up by the virtual network. This virtual private network is provided on demand by virtual overlays such as VXLAN, a software abstraction supported by the hypervisor or by a virtual switch or a virtual router. Virtual networking or network slicing is a fundamental building block of the NFV infrastructure, and must support twobasic requirements: • Topology isolation • Security rules Topology isolation means the virtual network is private, with its accessibility to the outside world fully controlled. Isolation alone is not usually sufficient. Security rules provide firewall-like security to the virtual machines that reside inside the virtual network. These software abstractions can be of several magnitudes more scalable than physical firewalls such that security rules can be applied with very fine granularity and this is also called as micro-segmentation. NFV provides enough space to VNFs for smooth functioning with absolute added agility and scalability & this helps security operation in a new dimension. Virtual network & security rules can safeguard VNFs from another virtual machine only in the shared infrastructure. Here Service function chaining (SFC) can help VNFs in installing the firewall dynamically.Though, SFC does not provide security protection between different VNFs, however. If security is needed, a virtual firewall VNF is inserted in the chain to work the same way as a physical firewall or security gateway, however, there are more works to be done in SFC to make it more comprehensive & useful. However, the use of a layered network model widens the possibility of encrypting and isolating the traffic in an SFC and ensures that encryption services must be co-located with the VNF. Furthermore, the use of a KMS server is also highly suggested, in order to automate the setup of the tunnels between the encryption services. It will provide more leverage in securing VNFs in NFV environment.

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The VNFs are gateways that must contain access to physical ports directly or indirectly. These edge VNFs must be protected from threats just like any other PNF. However, they do have one advantage compared to the physical ones: they can scale up and down on demand, and that gives them better ability to deal with DDoS attacks. Naturally, networking is the most important aspect of security for VNFs, but not the only one. Virtualization of computing and storage also exposes new attack surfaces to VNFs and adds new protection capabilities at the same time. Because VNFs share a server's processors, memory and disk with other virtual machines, the isolation capability provided by the hypervisor are usually not as strong as physical isolation. However, hypervisor introspection gives additional robustness in such scenario and more research are on to ensure that NFV is more robust & secure. Other issues include the noisy neighbour problem, where a lessrestrained virtual machine sharing the same physical processor resources could intentionally or inadvertently abuse them and cause performance degradation, or more severe issues. To properly address these types of issues, new generations of processors will add stronger isolation mechanisms, for example, Intel Xeon’s cache reservation. VIM’s resource management software will develop schemes to allocate resources and place virtual machines more intelligently. The virtualization layer, for example, the hypervisor, provides a strong level of protection for the VNFs running on the top. Modern hypervisors all have built-in security features in addition to the protection provided by the operating systems. VNFs can also migrate, scaling up and down and in and out, and new security rules or security VNFs can be added on demand. All these functions substantially enhance the overall ability of the network services to withstand threats both old and new.

Malicious Insider An insider as anyone in an organization with approved access, privilege, or knowledge of information system, information services, and missions. A malicious insider (MI) is one motivated to adversely impact an organization's mission through a range of actions that compromise information confidentiality, integrity, and or availability. The commonality of the source of security breaches is well reflected by inadvertent actions & malicious abuses by an internal administrator. Insiders have generally trusted users such as employees, contractors and business partners & in NFV, it may well be NaaS


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provider or administrator at various level in the different life cycle of NFV. Often, well-intentioned insiders may be responsible for costly service disruptions (as a result of inadvertent network configuration changes) in addition to the source of security vulnerabilities. Malicious insiders are often vengeful employees or contractors driven by financial or personal motives and often seek valuable or sensitive information that can be used to destabilize the organization in a more brazen manner. However, in NFV, there is inherent security protection but there is also wide-open opportunity to exploit new scenario in NFV to inflict damage catastrophically. Having access to the resources of the network infrastructure, VNF providers can take participation in network operations. Network-as-a-Service (NaaS) is a perfect example, which VNF providers use in order to support customized forwarding decisions based on each application's needs in cloud computing. Although this model makes it possible to offer agility & new energy of efficiency in the network, such as data aggregation, stream processing, caching, and redundancy elimination protocols, it lets VNF providers take awful damaging activities against their rivals or the network infrastructure. The opportunity to detect the vulnerabilities of the network infrastructure and launch an SYN (DDoS) to bring down the entire infrastructure and moreover extract secret information, is conceivable for a malicious VNF provider in competition with a co-hosted VNF. By detecting excessive resource consumption by a virtual network. However, the hypervisor can prevent this problem from escalating. Though, there are many solutions avail-

able in NFV such as rebooting single functions or decommissioning the infected VNF and deploying upgraded VNF in place of infected VNF. In another scenario, malicious hypervisor administrator can use search operation to find ID, password & SSH key from memory dump and they can also attack hard drive storage in cloud resource while using various open source tools. There are various models to prevent MI in carrying subversive activities but hierarchical detection system is highly scalable and meets all parameter to stop MI in carrying out any damaging activities in NFV. This system is based on artificial intelligence to detect Insider attack in cloud. The system starts by monitoring insiders for possible malicious behaviours. In the second step, the indicators were extracted and investigated to determine the most important indicators of a malicious insider. A hierarchical detection system was developed to ensure a high detection accuracy and speed and that is what exactly required in network function virtualization (NFV) given the agility & swiftness of the environment. Here an expert system uses a decision tree to validate whether the insider is a normal, an attacker, or a probable attacker and accordingly system acts per the class of Insider. If the result shows that the class was normal (not an attacker), it allows the insider to continue his/her work. However, if the result was an attacker, the system blocks the insider. Finally, if the class is a probable attacker, the system sends the indicators for further investigation in the second detection layer where more processing is performed to properly classify the insider. (The writer is a senior IT Analyst and Tech blogger)

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Kumbh Mela

Kumbh Mela – 2019

‘Kumbh Mela’ Emerges Biggest Religious Congregation

“U

nlike other religious fair and spiritual congregation, the Kumbh Mela – 2019, truly focussed on Prime Minister, Narendra Modi’s concept of clean and green Bharat. Following the essence of Parull Mahaajan Swachh Bharat Abhiyan, the manageSocial Activist ment committee rolled on 'Swachh Kumbh'. They applied comprehensive, scientific and eco-friendly methods to deal with different kinds of garbage and polluting agents”, thinks Parull Mahajan, who accorded the Lebanon Ambassador, during his visit to the Kumbh Mela at Prayagraj in this year. Over 150 million pilgrims from across the country and abroad arrived at Prayag Raj to participate in the world’s biggest religious fair – ‘Kumbh Mela’ till the second fortnight of February 2019. The number of devotees may go up to 200 million till the end of this mega fair. The Hindu devotees visit here to take a holy deep into the River, Prayagraj, situated at the centre of the Prayagraj, earlier known as Allahabad, district of Uttar Pradesh in India. The legendry, Prayagraj is referred as ‘Triveni Sangam’ as it is located on the confluence of the three rivers — the Ganges, the Yamuna and the mythical river, Saraswati. The mega fair, which began on January 15, 2019, will come to its ceremonial end on March 4. Kumbhmela is often termed as the largest Peaceful Gathering of People in the world. As it is believed, altogether 150 million pilgrims have already arrived to participate in the ‘Kumbhsnan’ (a holy deep into the legendry River, Prayagraj)

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till the end of the February. The first ShahiSnan (royal bath) of the Ardh Kumbh Mela was observed on the auspicious day of Makar Sankranti. As per the belief, all the prominent religious groups take a holy deep into the Triveni Sangam of Prayagraj at this occasion. The second royal bath often takes place on January 21 and is termed as ‘Paush Poornima’. The last bath will be observed on the day of the festival of Maha Shivratri on March 4, 2019.

‘Shahi Snaan’ Casts Outstanding Impact On Devotees

If we truly analyze, we find that the Uttar Pradesh Chief Minister, Yogi Adityanath, has rightly termed the ‘Kumbh’ as a symbol of ‘Peace and Harmony’. The Kumbh, embraces-together the science of astronomy, astrology, spirituality, ritualistic traditions, social and cultural customs and practices making it rich in knowledge. For itsmultifaceted impacts in the society, the ‘Shahi Snaan’ of Akharas, chanting of Vedic mantras and elucidations of religious hymns in the Pandaals, proclamations of knowledge, Tatvamimansa by rishis, spiritual music, mesmerizing sounds of instruments, holy dip in the sangam with utmost devotion fills the heart of devotees with immense joy. Also, prayers are offered at many divine temples exhibiting the greatness of Prayagraj Kumbh. Another significant feature of the mega fair is that the ‘Kumbh Mela’ has been inscribed on the list of "Intangible Cultural Heritage of Humanity" by UNESCO in 2017. And hence, it is referred as the largest peaceful congregation of humanity. ‘Holy deep’ into the Prayagrajis often termed as an opportunity, honor and privilegethe devotees.

Distinguished features


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of Kumbh at Prayagraj

The Kumbh Mela, at Prayagraj is different in many ways in comparison to Kumbh at other places across the country. The tradition of long-term Kalpvas, Presence of ‘Triveni Sangam’, which is considered as the center of the earth in few scriptures, the pious site, where lord Brahma performed his Yajna (last rituals) for creating the universe are among few other magnificent features that make the Kumbh at Prayagraj different from others. Being a social activist, I got an opportunity to visit the Kumbh with the Ambassador of Lebanon to hoist the National Flag of Lebanon.

Situational Analysis

Thousands of people from almost 70 countries participated in the mega fair and hoisted their respective ‘National Flags’ at the holy site. I really felt proudto be the part of this mega fair. It appeared as an honour to have a global support and recognition from various countries for the Kumbh. Meanwhile, we got an opportunity to spend few moments with the noted spiritual leaders and gurus like: Swami Avdheshanand Giri ji Maharaj, Sri Sri Ravi Shankar ji, Baba Ramdev ji, Swami Chidanand ji. They really guided and explained us the true meaning and the important significance of ‘Faith’ and ‘Spirituality’.

'Swachh Kumbh' addresses Union Govt’s SBM

What make the ‘Kumbh Mela – 2019’ from other spiritual and religious fairs across the country is the way it had highlighted the concept of Swachh Bharat Abhiyan in the form of 'Swachh Kumbh'. So far as, garbage management is concerned, the shrine board and the management committee had adopted comprehensive, scientific and eco-friendly methodsto deal with different kinds of garbage and polluting agents.

Zero disposal of garbage, zero tolerance for garbage burning and burial in and within Melapremises, scientific treatment and disposal of garbage collected in Mela area, 20,000 dustbins placed along road-sides and ghats. At least one dustbin was kept in a short gap of every 50 meters so that the visitors may not have to more than 25 meters to reach a dustbin. About 120 tipper vehicles and 40 compactors operating in Mela area for garbage collection were kept in 24X7 services. Almost 2000 metric tonnes of garbage collected, treated and disposed ofeveryday during the peak days. The management also focused on cost effectiveness and aesthetic waste transportation systems with minimum carbon foot print and movement of vehicles, they also GPS devises for tracking. Finally, as we could understand, the management committee is almost success in achieving its pious target of ‘Clean Ganga and Clean Mela’. Zero discharge of sewage into the River Ganga, zero disposal of garbage within Mela areas, zero burning or burial of garbage in Mela area, minimum open defecation, scientific treatment and disposal of garbage at waste treatment plant, sewage transported in tanker vehicles to nearest STP for scientific treatment and disposal, minimum vector breeding and controlling the risk of infections and diseases occurring due to poor sanitation and hygiene were among the major highlights of this Mega Fair. Altogether 1, 22,500 toilets including 20,000 urinals were set up. And, almost 20,000 sanitation workers were hired to look after the cleanliness or other related activities round the clock. Amazingly, easy toilets were made possible by placing toilets at prominent locations along the prominent roads at regular intervals. (The writer is a social activist)

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‘Classical Recapitulation’ Padma Awards 2019

of Award

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F

ollowing the footprint of the centuries – old traditions during the later vedic period – to the medieval periods, the intensity of success and achievements of every individual were marked with particular symbol. These symbols are based on the name or image of the deeds or acts of the god of respective professions or achievements. Similarly in the modern era, the Indian societies adopted the same ways to encourage the achievers by providing them with different achievement awards based on their respective fields like: Civilian Awards – Padma Shri, Padma Bhushan and Padma Vibhushan, Gallantry awards – Paramvir Chakra, Mahavir Chakra, Vir Chakra, Ashok Chakra etc, Sports Awards – Dronacharya Awards, Arjun Awards etcare among few others. Recently President of India, Ram Nath Kovind, conferred the prestigious ‘Padma Awards’ to 112 persons to mark their achievements and success.

PADMA SYMBOLIZES THE PURITY OF DEVOTION In Sanskrit, the very word ‘Padma’is called as ‘Lotus’. This is the transcription of the feminine form, ‘Padmaa’ and masculine form ‘Padma’. Indian mythology and religious texts reveal that a lotus holding the Lord of creation, Bramha, arose from the navel of the god, Vishnu. It has also been used in Hindu texts to refer several characters, including the goddess Lakshmi and the lord Rama for their specific gesture. While, Padma refers masculine and feminine, both in Hindi and Sanskrit, it has been bifurcated in Tamil, Telgu and Kannad languages and often termed as Padma or Padmini. On the other hands, Padma is known as PEMA in Bhutanese and Tibetan and refer both masculine

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Padma Awards 2019

ACHIEVERS

and feminine genders. In a terse, the actual meaning Padma is the purity of devotions, rebirth and enlightenments.

PADMA AWARDS ‘Padma Awards’ is one of the highest civilian awards in the country, which is governed and managed by the Ministry of Home Affairs, Government of India. This is conferred in three categories - Padma Vibhushan, Padma Bhushan and Padma Shri. These Awards are given in various disciplines or fields like: Art, Social Work, Public Affairs, Science and Engineering, Trade and Industry, Medicine, Literature & Education, Sports, Civil Service and others. While, Padma Vibhushan is awarded for exceptional and distinguished services, Padma Bhushan is conferred for distinguished service of high order and Padma Shri is given for distinguished services in any field. Normally, the awards are announced every year on the occasion of Republic Day. The Padma Awards are conferred on the recommendations made by the Padma Awards Committee, constituted by the Prime Minister every year, usually in the month of March or April. Nomination process is open to all. One can also make

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his or her self-nomination for the award. President of India at ceremonial functions, organized at Rashtrapati Bhawan, usually confer these awards every year in the month of March or April. Initially, Padma award was instituted in the name of ‘Padma Vibhushan in 1954’. But latter on Padma Vibhushan was divided into Pahela Varg, Dusra Varg and Tisra Varg. All these were however renamed as Padma Vibhushan, Padma Bhushan and Padma Shri respectively in 1955.

PADMA AWARDS – 2019 President, Ram Nath Kovind, approved the names of 112 renowned persons for conferment of these awards. The lists of awardees included 4 Padma Vibhushan, 14 Padma Bhushan and 94 Padma Shri Awards. Out of all, 21 are women, 11 are Foreigners, NRI, PIO, OCI and 1 is transgender. Three were posthumous awardees. The awardees were however conferred the awards in a program organized by the MHA at Rashtrapati Bhawan on March 11, 2019.


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PROMINENT ACHIEVERS PRABHU DEVA The renowned Bollywood actor, dancer and choreographer, Prabhu Deva, has been conferred Padma Shri Awards 2019. Besides, be has worked as a director and producer in various Tamil, Telugu, Hindi, Malayalam and Kannada films. In his career spanning of about 25 years, Prabhu has performed and designed a wide range of dancing styles and garnered two National Film Awards for Best Choreography. In 1990s and early

2000s, Prabhu Deva, started his career in the industry with a series of acting roles and featured in several commercially successful films. Some of the prominent films among those are: Kadhalan (1994), Minsara Kanavu (1997) and VIP (1997). Prabhu Deva, after his much-admired performances in the comedy film, Kaathala Kaathala (1998), and the family drama, Vanathai Pola (2000), Deva though deterred. However, he failed to recreate the success of his earlier films in box office, though his value began to decline. Subsequently, he made appearances in supporting roles and low budget Telugu films and successfully ventured into direction with the 2005 Telugu film, Nuvvostanante Nenoddantana. This success prompted him for further offers and Deva launched himself as a director. As such, he went on making highly profitable films in Telugu, Hindi and Tamil languages such as Pokkiri (2007), Wanted (2009), Rowdy Rathore (2012) and Singh is Bling (2015). Born : April 3, 1973 (Mysore) Spouse : Ramlath Parent(s) : Mugur Sundar; Mahadevamma Sundar Children : Basavaraju Sundaram Awards : Padma Shri, National Film Award for Best Choreography, Albums : Eazhaiyin Sirippil, Ninaivirukkum Varai

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Padma Awards 2019

SHANKAR MAHADEVAN Well-known Indian singer and music composer, Shankar Mahadevan, is also an accomplished musician in Tamil cinema. Born and brought up in a Tamil family in Chinnai, Mahadevan, later grew up in Mumbai city of Maharashtra. He learned Indian Classical Music and Carnatic music in his childhood and started playing Veena at the age of five. He played Veena in the first song of Bhimsen Joshi and Lata Mangeshkar, together, composed by Shrinivas Khale. Mahadevan often sings songs in Hindi, Tamil, Malayalam, Kannada,Telugu, Marathi and Carnatic. Starting his career as a software engineer, Shankar worked worked with Oracle Corporation, Shankar's interest in music made him venture into the field of music. He got his first award as a playback singer in Chennai film music, collaborating with A. R. Rahman and winning a National Film Award for his song in Kandukondain Kandukondain. A prominent star in the Kodambakkam film industry, Mahadevan later gained more recognition by releasing his first music album called Breathless. He later got into music direction and became a part of the Shankar Ehsaan Loy trio, composing music for Bollywood films. Shankar Mahadevan has also provided vocals for several compositions of Remember Shakti, which features maestros like Zakir Hussain (musician) John McLaughlin, U. Srinivas and Selvaganesh Vinayakram. Apart from others, Mahadevan has been awarded Padma Shri awards 2019 in March 2019. Born Spouse Education Awards Children

Despite belonging to the traditional butcher family, the 55-yearold Sayyad, who hails from a village in Beed, Marathawada, has been taking care of his 102-strong cattle herd for decades. "My father dreamt about saving cattle. As a child, I also started taking care of cows. Due to a dearth of drinking water and feed for the animals, we face difficulty in looking after them. There are some people in the village who donate money for the welfare of the animals," Sayyad told the media.

GAUTAM GAMBHIR Former Cricketer, Gautam Gambhir has played in all formats of the game. Gambhir is a left-handed opening batsman, who has also played domestic cricket for Delhi and captained Kolkata Knight Riders and Delhi Daredevils in the Indian Premier League. He played last ODI on January 27, 2013. Gambhir was conferred Padma Shri Awards – 2019 for his outstanding works and performance. Born ODI debut (cap 149) Test debut (cap 249) Last T20I Spouse

Renowned Indian film actor, Manoj Bajpayee, also credited as Manoj Bajpai. Apart from his major contributions in the Hindi cinema, he has also done various films in Telugu and Tamil languages. He is the recipient of two National Film Awards and four Filmfare Awards. In 2019, Bajpayee has been conferred Padma Shri Awards.

SAYYAD SABIR

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October 1981 (age 37 years), New Delhi 11 April 2003 v Bangladesh 3 November 2004 v Australia 28 December 2012 v Pakistan Natasha Jain (m. 2011)

MANOJ BAJPAI

: March 3, 1967 (age 52 years), Chembur, : Sangeeta Mahadevan : Ramrao Adik Institute of Technology (1988), MORE : Padma Shri, MORE : Siddharth Mahadevan, Shivam Mahadevan

It really unbelievable not only for Sayyad Shabir, instead it was a pride for entire family ever since they got the news of the national honor. Shabir’s family wasawarded with Padma Shri awards for their contributions to the welfare of cows.

: : : : :

Born Height Spouse Awards Children

: : : :

23 April 1969 (age 49 years), Belwa village 1.7 m Neha (m. 2006) Padma Shri, Filmfare Critics Award for Best Actor, MORE : Ava Nayla


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SAALUMARADA THIMAKKA Being known as one of the renowned Indian environmentalist, from Karnataka, Saalumarada Thimmakka is also known as Alada Marada Timakka. She is known for her exclusive efforts in planting and tending to 385 baniyan trees spread over almost 4 Km areas along the highways between Hulikal and Kudur. Thimakka received no formal education and worked as a casual laborer. Her works have been honored with the National Citizen's Award of India and were also recognized by the Government of India. In March 2019, she was conferred with Padma Shri award.

BACCHENDRI PAL The most famous Indian mountaineer, Bachendri Pal, has in 1984 become the first Indian woman to reach the summit of Mount Everest. Pal has been the third highest civilian award Padma Bhusan by the Government of India in 2019.

Born Education Notable ascents Main discipline Awards Parents

May 24, 1954 Uttarkashi Nehru Institute of Mountaineering The first Indian woman to reach the summit of Mount Everest in 1984 Mountaineer and Promoter for Adventure Padma Shri, Padma Bhushan Shri Kishan Singh Pal, Hansa Devi

NARTAKI NATRAJ Nartaki Natrajan, a wellknown Bharatnatyam Dancer of Tamilnadu has become the first transgender women to receive Padma Shri award. She was conferred the Padma Shri award this year on March

2019. Natrajan was born in the temple town of Madurai in Tamil Naidu, the 54-year-old Nartaki Natraj is the first transgender person to receive the Padma award.

KARIYA MUNDA Kariya Munda, one of the well-known tribal leaders of Jharkhand was born and brought up in the Khunti district of Jharkhand on April 20, 1936. He was the Deputy Speaker of the 15th Lok Sabha. Munda was first inducted in the Morarji Desai government in 1977 and given the portfolio of Steel Ministry, as a Minister of State. Later on, Munda was made union Minister by the Bhartiya Janata Party in the year 1999. At present he is among one of the most prominent leaders of the BJP, especially in the tribal dominated state of Jharkhand. Munda has been awarded Padma Bhushan for his outstanding contribution in Public affairs.

FRIEDERIKE IRINA BRUNING Friederike Irina Bruning, a German woman was conferred Padma Shri award for her selfless devotion towards cattle and sheltering more than 1800 cows and calves in the Mathura district of Uttar Pradesh. She has kept all the cattle in her cowshed named, ‘Surbhai Gauseva Niketan’. In 1978, Bruning had landed in India from Berlin as a tourist and gradually settled here. Away from the modern gadgets and other whims and fancies, Irina chose to live in a dreary area of the temple town. She has been doing this for about 25 years. Most of the animals in the cowshed were rescued after being abandoned by their owners. She was in search of a guru for proper guidance in her life but somehow ended up buying a cow. To understand cows better, she bought books about them and even learnt Hindi. Fondly called Sudevi Mataji, she started her cowshed known as ‘Surbhai Gauseva Niketan’. It is believed that this 61-year old German woman has spent her entire savings in setting up the cow shelter and employing workers for the rescue work. nnn

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Safe Motherhood, A Global Concern Special Story

Every year on April 11, the nation observes ‘Safe Motherhood Day’, which is an initiative of the White Ribbon Alliance India (WRAI), to enforce that women must have the availability and adequate access to care during Pregnancy childbirth and postnatal services. India is the first such country in world that has declared ‘Safe Motherhood Day’ in order to create awareness for ensuring maternal health and preventing death of pre- or post-delivery deaths of women.

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By Pravin Kumar Mishra

Every year on April 11, the nation observes ‘Safe Motherhood Day’, which is an initiative of the White Ribbon Alliance India (WRAI), to enforce that women must have the availability and adequate access to care during Pregnancy childbirth and postnatal services. India is the first such country in world that has declared ‘Safe Motherhood Day’ in order to create awareness for ensuring maternal health and preventing death of pre- or post-delivery deaths of women. The very term ‘Safe Motherhood’ include a series of initiatives, practices, protocols and service delivery notes to ensure that women receive high-quality gynecological, family planning, prenatal, delivery and postpartum care or related supports. The concept was actually evolved to counter maternal and infant mortality and illness. Although, most maternal and infant deaths can be prevented through safe motherhood practices, millions of women worldwide are affected by maternal mortality and morbidity from preventable causes.

As such, the new system was formulated to enable every individual as well as the concerned agencies from all sides (socially, economically and legally) so that they could play a vital role in ensuring safe motherhood. Legal Perspectives of Safe Motherhood As has been given in the Human Rights Directives, the governments are supposed to take all necessary steps to avoid preventable maternal deaths, which violate women's right to life. On the other hands, the right to life is justified through the right to health, which including sexual and reproductive health cares, too. As per the given rights, all individuals should be able to enjoy the highest attainable standard of health and to have access to the means and services to enable them to maintain or restore health. These rights entitle women to receive timely and high-quality maternal care, including antenatal and postpartum care, assistance by a skilled birth attendant during delivery, and emergency obstetric care. It also entitles women to receive adequate nutrition during pregnancy and lactation. Finally, it requires that HIV-positive

Inability to seek and obtain maternal health care due to consent requirements, or to an ineffective health care system, causes needless suffering and violates women's rights to be free from inhuman and degrading treatment.

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Special Story women also receive adequate maternal health care, so that their health needs are taken into consideration along with prevention of mother-to-child transmission of HIV. These rights empower women in deciding for themselves, outside of the scrutiny of others, whether and when to seek health care. In addition, inability to seek and obtain maternal health care due to consent requirements, or to an ineffective health care system, causes needless suffering and violates women's rights to be free from inhuman and degrading treatment. Failing to provide women with health care services that only they need constitutes impermissible discrimination against women. In other words, social and economic barriers to women's access to maternal health care constitute discrimination against women. A woman's right to be free from discrimination is also violated when she cannot obtain the health care she needs on a basis of equality with men. This happens when women are required to provide proof of spousal consent, when men do not need such consent from another person to obtain health care. Besides, Right to education regarding sexual and reproductive health, Right to reproductive freedom and Rights relating to pregnancy and childbirth are among the mandatory directives for the Governments as well as the parents or other legal guardians of the patient – women.

delivery hemorrhage, often termed as Post-Partum Hemorrhage (PPH), every year. Severe bleeding is however considered as the biggest cause of maternal deaths. Apart from huge suffering and loss of women’s lives due to postdelivery death of women, the newly born babies also have to face a much greater risk of dying within one or two month compared to the babies with surviving mothers. As such looking after growing number of maternal death, the WHO analyzed the situation and described Uterotonics and its uses. As per the WHO guidelines, Uterotonics are drug formulations that help prevent and treat postpartum hemorrhage. They do this by increasing tonicity of and contractions in the uterus which in turn helps reduce blood loss during childbirth. Recent studies revealed the safety and efficacy of seven uterotonics for the prevention of postpartum hemorrhage. Shockingly, 99% of the deaths from PPH occur in low- and middle-income countries compared with only 1% in high-income countries. Although a recent study shows that it is increasingly an issue of concern for wealthier countries too. As such, these new guidelines would help the healthcare workers globally to prevent such women and their babies from facing excessive risks to their health and lives, wherever they live.

Safe Motherhood, as a concept was actually evolved to encounter maternal and infant mortality and illness. Although, most maternal and infant deaths can be prevented through safe motherhood practices, millions of women worldwide are affected by maternal mortality and morbidity from preventable causes.

PPH – Major Challenge For Ensuring Safe Motherhood More than 14 million women across the world suffer from post-

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Preventive Measures by WHO Taking a serious note of growing incidents related maternal deaths, the WHO updated its 2012 guidance on the prevention of post-


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partum hemorrhage with four new recommendations on seven uterotonics. These fresh recommendations aim to improve the quality of care and health outcomes for women giving birth. The first recommendation is related to the efficacy and safety of uterotonics for the prevention of PPH, and it includes six sub-recommendations. The other three recommendations are related to the choice of uterotonics for PPH prevention. WHO Mandate States That •

Any one of the following uterotonics can be used for the prevention of PPH: oxytocin, carbetocin, ergometrine / methylergometrine, oxytocin and ergometrine fixeddose combination and misoprostol. In settings where multiple uterotonic options are available, oxytocin (10 IU, IM/IV) is the recommended uterotonic agent for the prevention of PPH for all births. In settings where oxytocin is not available, or its quality cannot be guaranteed, the use of carbetocin, or if appropriate ergometrine/methylergometrine, or oxytocin and ergometrine fixed-dose combination, or oral misoprostol is recommended. Where the quality of oxytocin is considered compromised due to inadequate cold-chain transport and storage conditions, heat-sensitive uterotonic agents such as ergometrine/methylergometrine or oxytocin and ergometrine fixed-dose combi-

nation, that have been transported and stored under similar conditions as the oxytocin, are not suitable options. In these situations, heat-stable uterotonic agents (carbetocin or misoprostol) are suitable options depending on the context. All the uterotonics recommended for postpartum haemorrhage prevention, can be used in women undergoing vaginal birth or caesarean section, and require, except for misoprostol, a skilled health personnel trained to administer injectable uterotonics.

WHO recommendations on interventions to improve preterm birth outcomes The primary audience for this guideline includes health-care professionals who are responsible for developing national and local health-care protocols and policies, as well as managers of maternal and child health programmes and policy-makers in all settings. The guideline will also be useful to those directly providing care to pregnant women and preterm infants, such as obstetricians, paediatricians, midwives, nurses and general practitioners. The information in this guideline will be useful for developing job aids and tools for pre- and in-service training of health workers to enhance their delivery of maternal and neonatal care relating to preterm birth. (With inputs from WHO reports and other agencies)

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Vaastu

Vaastu Defects Behind Ever-ending Disputes on ‘Ram Janmabhumi’ Kuldeep Saluja Vaastu Guru

Situated along the bank of Saryu River, the city of ‘Ayodhya’ is well-known as the birth place of Legendary ‘Ram’. As per the Hindu mythology, including the ‘Ramayana’ (RamcharitManas by GoshwamiTulsi Das), Shri Ram has been described as ‘MaryadaPurushottam’. Besides, it has also been mentioned in other ancient Indian texts.

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ften termed as the birthplace of Ram, since time immemorial, this city has been disputed over the past few centuries, especially since the arrival of muslim invaders (Babar) in Indian subcontinent. As we entered into the modern era, a series of questions were raised by the communal forces on the legacy of ‘Lord Ram’ and the existence of ‘Babri mosque’ (which according to the Indian history, was created by the Babar invaders after demolishing the pre-structured Hindu temple or the house of lord

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Ram). The situation gradually turned volatile and legal battles were witnessed on this issue. In a suit concerning the dispute the Lucknow bench of Allahabad High Court has delivered its historical judgment recently. The judgment shows a unique combination of Faith and Practice. On the Judgment, the initial reactions of the Hindus and Muslims for a few days were positive, but thereafter the mind of the people giving statements suddenly changed. However, the Waqfa board declared to go to the Supreme Court.


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The NirmohiAkhada also changed its instance. A set back to the efforts for reconciliation. The Muslim Personal Law Board and the NirmohiAkhada though planned to the Judgment of the High Court. The effort to solve the dispute by reconciliation was set on fire. That the Ayodhya dispute will go to the Supreme Court is certain. The Masjid cannot be given as gift etc. Thus after the Judgment there were flood of love as well as hate. After the construction of the Babri Masjid in 1598 there have been many violent struggles between the Hindus and Muslims for the sake of the birth place of Ram. The British government also tried to solve the dispute. But it could not be solved. On July 1990, the state police, in order to stop the violent Karsevaks proceeding at the disputed site of Ayodhya, resorted to lathicharge and incessant firing on them killing many of the Karsevaks on the spot. After destruction of the disputed construction of Babri Masjid on December 6, 1992, communal tension prevailed across the country and ultimately resulted into a widespread communal violence between the two major communities. Over 2000 people were reportedly killed in violence. On February 2002, on the day of Ramnavmi the Karsevaks returning from Ayodhya by Sabarmati express train, one of the bogies was set on fire at the Godhara station of Gujarat. Altogether 58 Karsevaks had lost their lives in the incident. The entire situation however, communal riots flared up in the whole of Gujarat where in about 2000 people were killed. In 2005 five armed terrorist raided the disputed premises, though

they were killed by the security forces. Looking back to the history of the violent skirmishes and other disputes about Ram Janmabhumi it is but natural for the question to arise in the mind of general public as to why for last 500 years to get their right on the place, the Hindus and Muslims have fought violently and thousands of people have been killed. After the Judgment of Lucknow Bench of the Allahabad High court, future of the disputed site again caught in doldrums. If we see the geographical situation of the city, Ayodhya, and the construction of Ram Janmabhumi from the view point of vaastu, the future of this place will be clear like a mirror. Why the city of Ayodhya has been so famous from the ancient times? The Saryu River flows in the north of Ayodhya. It takes a turn towards the east, surrounding the whole city and goes ahead in the east. The place where the idol of Ramlala has been kept at present, where Babari masjid stood some time ago is situated at the high altitude and often termed as the highest place in Ayodhya. And hence there is slope all around it. This slope goes up to the Saryu River in the north and the east directions. The slope of the land in the north and the east directions is normal. Generally such slope is found in all the cities situated on the bank of any river. According to the vaastushastra, while, the vaastu suitability of a place gives favorable results, the vaastu defects give unfavorable results. According to this principle of vaastushastra a place with a slope towards the north along with water in much quantity acquires fame and the slope and water in the east helps acquire

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wealth. Because of the slope in the north and ahead of it the Saryu River the city has been famous from the ancient time. The seven wonders of the world are famous due to the suitability in their north. In Ayodhya there is neither any big industry nor any business center. But there is slope in the north and the east and the river Saryu flows in the north and the east of it. So there is no scarcity of wealth here. There are 7972 temples in Ayodhya. Innumerable ascetics, 562 registered priests, more than 500 guides and an army of Hanumanji the monkeys in great number. Along with residents of the city, the ascetics, priests, guides and monkeys are being fed well. As a guide told me there is good receipt of money in the city. Now let us analyze the geographical situation of the premises of Ram Janmabhumi and see why it is so disputed along with its fame. In the Ram Janmabhumi premises Ramlala is seated facing the east under a temporary shade on a mound made of the debris of the Babari Masjid. Because of its geographical situation it was a high place in Ayodhya already as you can see in the picture. After the demolition of the Babari Masjid its height has increased with the debris. In front of the temporary shade the slope of land in the north and the east is normal. Just behind the mound in the west and in the south west corner the cut of the land is quite straight and very deep. When a visitor has the darshan of Ramlala seated under the shade then behind the shade in the west it ap-

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pears like a trench. Behind the shade in the west there is a two pronged well. According to the vaastushastra if there is slope, pits, well, tank etc. that is any kind of lowness in the west then people of such place are more religious than those of other places. The houses where there is lowness and water in the west the people living in such houses are more religious than necessary. The steep slope in the south west corner is inauspicious and becomes the cause of destruction. In the houses all over the world where murders take place, untoward incidents happen such defects are certainly found in their south west corner. There are two ways in the east to enter the premises of the Ram Janmabhumi. One way is from where the visitors enter the premises via Rang Mahal barrier in the north of the north east corner and then walking in the east of the premises turn towards the east of the south east corner where for making a queue for darshan barricades have been installed. The second way to enter the premise is the main way from the Ayodhya city. This way collides with the east of the south east corner of the premise. Nowadays it is being used for V.I.P. and police vehicles to move. The exit for the visitors to go out of the premises is also in the east of the south east corner. Thus all the entrance and exits in the premises are in the east of the south east corner. Along with the entrance of the premises being in the east corner the premises is being struck by the old way in the east of the north east corner. Because of this way and the wire fencing done around the Ram Janmabhumi premises the east of the south east corner has extended. As per


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the vaastushastra the wire fence in too gives the effect of a wall. According to the vaastushastra the defect of the east of the south east corner become the cause of disputes and strife. Wherever in the world there are disputes whether small or big there is defect to be found in the east of the south east corner. Because of the above three defects in the Ram Janmabhumi premises dispute has increased so much. Because of the gate in the east of the south east corner in the fort situated on the mountain of the Chittor city of Rajasthan there have always been occurring wars. In the 13 km premises of the fort and because of the slope of land towards the west there are 113 temples on the hill out of which 50 are still in good condition. On account of the slope in the south west corner of the fort thousands of soldiers were killed and the queen Padmini had to burn herself alive. Because of these defects, many wars right from ancient to the modern ears were witnessed between the rulers and kings of different dynasties. You may think why such an unfortunate situation is not developing in the fort of Chittor now? It is because wall around the fort, the vaastu of the entire hill was one and its effect was falling on the people living inside the boundary wall has broken down at many places and gates of poles have been taken out. Under such circumstances now the people living on the hill habitation the vaastu effect on their houses is as per the construction of those houses and it is falling on their families. It is clear that because of the multi-corner vaastu defects in the east and west sides of the campus, entire premises have been disputed right from the beginning. In the report of the Archeological survey of India it has been in-

dicated that there was sketch of some temple on the disputed site two thousand five hundred years ago. On its foundation the Babari Masjid was constructed and on the debris of the Babari masjid the idol of Ramlala was kept under temporary shade. This means that from time to time buildings were broken here. There is a principle in the Chinese vaastushastrafengsui that if a building is constructed amid mountains and behind it there is the height of the mountain, in front of it there slope of the mountain and after the slope there is a water fall, pond, tank, river etc. then such building becomes famous and stands for centuries. At Nathdwara there is great height in the south and the west and there is steep slope towards the north and the east and in middle of the slope there is Shrinath temple premises. After the premises there is Senghad tank and after the tank the river Banasflows. At TriupatiBalaji just behind the temple in the west there is a mountain. There is enough height in the south and in the north and the east there is Pushyakarni pond as well as steep slope which goes up to a distance. The geographical situation of the Ram Janmabhumi premises is quite contrary to the principle of fengsui because behind it in the south and the west there is lowness like a trench. Because of this vaastu defect the buildings constructed here were destroyed again and again. As such, if we rely on the Indian mythology, nothing concrete can be done unless we resolve the vastu defects of the disputed construction. (The writer is a renowned Vaastu specialist and author) nnn

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Indian Realty

By Yogsh Sood

S

ome time ago the “Embassy REIT” was launched and it’s India’s first Real Estate Investment Trust (REIT). It’s IPO has been issued on 18thMar’19, and through this IPO, Embassy REIT wants to raise capital worth Rs.47, 500 million (Rs.4, 750 Crore).REITs have been quite a hit in Asian markets such as Singapore and Hong Kong, but have stayed on the drawing board in India for the last many years. If they take

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off, there may be light at the end of the tunnel for the struggling real estate sector. Market regulator SEBI had tweaked its norms of REITs to enable them to take off successfully.

What is it? REITs are investment vehicles that own, operate and manage a portfolio of income-generating properties for regular returns. These are usually commercial properties (offices, shopping centers, ho-

OBSERVER DAWN April 2019

tels, etc.) that generate rental income. An REIT works very much like a mutual fund. It pools funds from some investors and invests them in rent-generating properties. SEBI requires Indian REITs to be listed on exchanges and to make an initial public offer to raise money. Just like MFs, REITs are subject to a three-tier structure — the sponsor who is responsible for setting up the REIT, the fund management company which is responsible for selecting and operating the


INDIAN REALTY MAJOR TAKES THE REITS ROUTE

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properties, and the trustee who ensures that the money is managed in the interest of unit-holders. You can invest in REITs in the primary and secondary market and exit any time you want. However, they will have a minimum investment requirement of 2 lakh. Also, the minimum offer size of an REIT is 250 crore. Though countries such as the US and Singapore have seen REITs providing good returns, in India, issues such as lower rental yields and an illiquid and opaque property market have discouraged REITs.

Why is it important? The Indian real estate sector has been facing a liquidity crunch on account of unsold inventory and low demand. REITs can help

cash-strapped developers to monetize their existing property. Indian investors don’t have too many regular income options. SEBI requires REITs to distribute a minimum of 90 percent of their income earned to investors on a half-yearly basis. Similarly, 90 percent of sale proceeds too are to be paid out to unitholders unless the amount is reinvested in another property. Thus, you get to receive regular income and also get to benefit from price appreciation, thereby boosting your returns. In the real estate sector, both rent and capital appreciation from property depend on the location, infrastructure and industrial development around that area. REITs juggle these risks through a diversified portfolio of properties.

Why should I care? If REITs take off, you can invest in the property market with a minimum amount of 2 lakh, which is far cheaper than buying property. REITs can be a new asset class to explore. Most of the developers are bullish on this because they have already invested a large amount in commercial properties which are generating good returns. Further, there is transparency as you will also know the valuation of the REIT once in every six months. Many investors buy second or third homes for rental income. REITs could turn out to be a better option on account of their diversification. REITs can reduce the risk related to your property investments as 80 percent of the value of the REIT should be in completed and rent-generating assets. They are required to be run by professional management with specified years of experience notified by SEBI.

Though the current IPO is open for a subscription even for retail investors, a minimum investment cap has been kept. How? One can subscribe to the IPO only if one can buy a minimum of 800 units. Each unit of IPO is priced at a minimum price of Rs.299. Hence a subscription of 800 units means a minimum investment of Rs.2.393 Lakhs (800 x 299). This means that a major chunk of the middle-class population may not even opt for the IPO subscription.

Stocks Analysis Worksheet - Plus - Basket However, in some ways, this limitation was required for India. Why? Because this is the first REIT and hence the government wants to tread safely. Nevertheless, Embassy REIT will finally be available for trading in the secondary market from April’19 onwards. Hence, investors can get their hands on its shares from April’19 onwards. However, my guess is, by that time the valuation of shares of REIT will already become slightly overvalued.

What is Embassy REIT? REIT India - Embassy REIT - Manager Trustee SPV Embassy REIT is a company which owns and operates real estate properties. Before Embassy REIT was formed, these real estate properties were owned by Embassy group operating under the brand name of “Embassy Office Parks”. Owning Embassy REITs shares is like owning a proportionate claim in the “company’s”

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Indian Realty

profits. Now let us see how Embassy REIT generates its income & profits? Through income-producing real estate properties that they own. Embassy Office Parks (EOP), which is the designated “Manager” of Embassy REIT, owns high quality “office spaces” in India. They own several such office spaces in Bangalore, Pune, Mumbai, and Noida. All these office properties make up their ‘asset portfolio’. The office spaces offered by Embassy Office Spaces are generally taken on rent/lease by Multinational Companies (MNCs). Names of few companies who have rent/leased the properties of Embassy in India are: m m m m

IBM. Cognizant. Cerner. PwC etc.

How Embassy REIT makes money? The commercial real estate properties developed by Embassy Office Spaces are its assets. These properties generate income in form of rents or lease. Embassy Office Parks has decided to “club its assets” and list these as “Embassy REIT” in Indian stock market (BSE and NSE). Few Examples of assets (properties) developed and managed by Embassy Office Space, and is attached with the REIT, are as below: SL Property City Area (msf) 1 Embassy Manyata Bangalore 14.2 2 Embassy One Bangalore 0.2 3 Express Tower Mumbai 0.5 4 Embassy 247 Mumbai 1.2 5 FIFC Mumbai 0.4 6 Embassy Techzone Pune 5.5 7 Embassy Quadron Pune 1.9 8 Embassy Qubix Pune 1.5 9 Embassy Oxygen Noida 3.3 10 Embassy Galaxy Noida 1.4 11 Embassy Golflinks 2.7 TOTAL 32.7

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All the above office spaces and its amenities generate revenue for “Embassy Office ParkS (EOP)”.

What makes Embassy REIT unique in India? These are the following characteristics which make Embassy REIT unique. Due to this uniqueness, there are high chances that investors in India will love this REIT. It’s India’s first REIT. The Embassy group has India’s ‘largest office space’ portfolio. Quality of Embassy’s offered office space is a benchmark in its sector. Demand for such premium office spaces will only grow in India in times to come. Embassy REIT has a “high-quality tenant’s base.” What is the significance of high-quality tenants? Revenue of REIT will be mainly Rental income. The rents will be paid by the tenants who occupy the office space for their business use. If these tenants are global giants like IBM, Microsoft, Google, JP Morgan, and other Fortune 500 companies, then the future income of REIT becomes very secure. Let’s look at the general profile of tenants of Embassy REIT in India: Total Number of Tenants of Embassy Office Space in India: 160+ numbers: • 80.4% are MNCs • 43.4% are Fortune 500 Companies. • Average Lease length is 7.0 Years. • Occupancy Rate is 95%+

Who should invest in REIT? REIT is one of the better investment options for income generation. Though it is equity, its potential to generate regular income is what makes it useful also for the income-investors. Moreover, as per the following guidelines of the Government of India, REIT further becomes an ideal regular income generator: • About 80% or more of REIT’s asset holdings should be in completed properties which generate regular income in the form of


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rent or long term lease. • Almost 20% or less of REIT’s asset holdings should be in under-construction properties, or in such properties which are though complete but are not generating any rent/lease income. • Over 51% of all the revenues earned by REIT must come in the form of rents or long term lease. What is the meaning of these regulations set by the government on Real Estate Investment Trusts? The meaning is simple; investors funds should be mainly used by REIT’s to generate regular income. Under no circumstance, the priority of income generation shall be compromised by REIT in India.

How can REIT make money for its investors? REIT can make money for its investors in two ways: Dividends: The rental/lease income so generated by the REIT will be distributed among the shareholders in the form of dividends. The dividend distribution frequency can be monthly/quarterly/annually as applicable. Price Appreciation: Shares of REIT will be listed in Indian stock market. Hence the share price of REIT will follow its own course. When business fundamentals of REIT improve, it's market price will also grow (like any other listed company). When shares price has appreciated as desired, shareholders can sell their units and book profits.

Expected Returns from REITs in India On average, it has been estimated by experts that, at current price levels (Rs.300 per share), REIT can start yielding dividends of around 7.0% immediately. Generally speaking, the rental yield of office spaces increase at an average rate of 4.5% in India. This means that, in years to come, the current dividend yield of 7.0% may grow at a rate of 4.5%.

How does this growth rate of 4.5% effects the future yield of REIT in India? Description Yield growth @ 4.5% p.a. Current Yield: 7.0% After 5 Years 8.7% After 10 Years 10.9% After 15 Years 13.50%

As REITs are listed in the stock market, they will also see a price appreciation. This price appreciation will be dependent on the business fundamentals of the company. Net Profit Growth: In 3 years (between Mar’16 and Mar’18), net profit of Embassy Office Space has increased from Rs.93.1 Crore to Rs.256.8 Crore. This is a growth rate of 40% p.a. in 3 years. Asset Growth: In the same time period, the asset base has increased from Rs.10, 544 Crore to Rs.13, 515 Crore. This is a growth rate of 8.63% p.a. in 3 years. Net Cash from operations: In 3 years, operating cash flow of Embassy Office Space has increased from Rs.925.1 Crore to Rs.1250.7 Crore. This is a growth rate of 10.5% p.a. in 3 years. With this kind of numbers working in favor of Embassy REIT, I think that in the next five years, Embassy REIT stocks will give at least an average capital appreciation of 12% p.a.Considering that, currently this is the only REIT in India; this growth rate can further improve.

Conclusion REIT is a must for all investors. Embassy REIT is now in the market. I am sure more REIT’s launch in India is in the pipeline. Keep tracking their progress, and if possible try to grab them in IPO stage itself. In USA and Europe, REIT has been in existence since decades. For people who do not have huge capital to buy a “brick and mortar” real estate property, can buy shares in REIT.

The bottom line REITs appear all right on paper. However, the proof of the pudding is in the eating. ( The writer is the founding editor of Real- estate Observer, Property Observer. He had been the consulting editor of OBSERVER DAWN. He has been associated with the real estate sector for over a decade & Interviewed dozens and leading developers of the country. He had also been the editorial consultant of Exchange 4 Media and contributed to Realty Plus magazine. Currently, a consulting editor for several leading Global business magazines. He is also a broadcaster, Telecaster and a veteran journalist with a keen eye on details as a business news- analyst.) nnn

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Automotive

India May Emerge As a Major Automobile

Player By 2020

With mammoth growth in sales and purchase of vehicles, the Indian automobile industry witnessed a multidimensional progress over the past few years. Information procured from different sources reveals that the automobile industry in India has grown up many fold and turned into the 4th largest auto industry in the world.

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By Pravin Kumar Mishra

Growth and development of Automobile Industry in India In 2017, the country was ranked as the 7th largest in commercial vehicle manufacturing in the world. An average increase in the sales and purchase of commercial vehicles was measured between 9-10%, especially the four wheelers, in 2017, though the number of vehicles sold was estimated over 4 million. The reports were released by late 2018. This apart, being one the prominent auto exporters in the world, India hopes for a significant export growth in the days to come. Media reports suggest that an average growth in the export of automobiles till the December 2018 was estimated more than 21%, while, it is expected to grow at a CAGR of 3.05 per cent during 2016-2026. In addition, several initiatives by the Government of India and the major automobile players in the Indian market are expected to make India a leader in the


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two-wheeler and four wheeler market in the world by 2020. The domestic automobile production between the Financial Years 2013 to 2018 increased at the rate of 7.08 per cent CAGR. Solely in 2018, over 29.07 million vehicles were manufactured in the country.The automobile production increased up to 12.53 per cent to reach 21.95 million vehicle units during April-November 2018. Overall domestic automobile sales increased at 7.01 per cent CAGR between the financial years 2013 to 2018 with more than 24.97 million vehicles were sold till the end of 2018. Highest annual growth in domestic sales among all the categories was recorded in commercial vehicles at the rate of 31.49% and was followed by about 25.16 of annual growth in the sales of three-wheelers during April – November 2018. On the other hands the premium motorbike sales in India crossed almost one million units during the end of 2018. As per the J D Power 2018 India sales satisfaction index, the BMW registered a growth of 11% in its sales in India, the Mercedes Benz ranked first in the country. In the financial year 201718, the estimated sales of the electric two wheelers and three wheelers were estimated to have crossed 55,000 vehicles.

Investors Come Ahead Taking a serious note of the growing demands of vehicles in Indian markets, the top Automobile players came up with their fresh modus operandi for executing their new investment plans. The main motive of the top capitalists was to keep up the growing demand of vehicles. They started investing heavily in various segments of the industry and gradually receiving success in their mission. As per the information procured from the Department of Industrial Policy and Promotion (DIPP), the auto industry has attracted Foreign Direct Investment (FDI) worth US$ 19.29 billion during April 2000 to June 2018.

Plan For Heavy Investment Gets a Tangible Shape Giving a tangible form to their vast investment plan, the giant investors stepped up to bring a revolutionary change in the automobile sector in Indian market. The most prominent among these are as follows: • Honda Motors Company decided to set up its third factory in India for launching hybrid and electric vehicles with the cost of Rs 9,200 crore (US$ 1.31 billion), its largest investment in India so far. • Mercedes Benz has increased the manufacturing capacity of its Chakan Plant to 20,000 units per year, highest for any luxury car manufacturing in India. • Hyundai is planning to invest US$ 1 billion in India by 2020. SAIC Motor has also announced to invest US$ 310 million in India. • Ashok Leyland has planned a capital expenditure of Rs 1,000 crore (US$ 155.20 million) to launch 20-25 new models across various commercial vehicle categories in 2018-19. Meanwhile, the Indian Government initiated steps to encourage the foreign investment in the automobile sector and allowed 100% FDI under the automatic route. The main motive of the government of India is to develop India as the center of a global manufacturing and the hub of Research and Development (R&D). The GOI, Under NATRiP, has planned to set up R&D center at a total cost of US$ 388.5 million to enable the industry to be on par with global standards. The Ministry of Heavy Industries, Government of India has shortlisted 11 cities in the country for the introduction of electric vehicles (EVs) in their public transport systems under the FAME (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles in India) scheme. The

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Automotive government will also set up an incubation center for startups working in the electric vehicles space.

Major Foreign and Indian Automobile Companies Operating In India

Government’s Major Achievements in Four Tata Motors Years Following are the achievements of the government in the past four years: • Number of vehicles supported under FAME scheme increased from 5,197 in June 2015 to 192,451 in March 2018. During 2017-18, 47,912 two-wheelers, 2,202 three-wheelers, 185 four-wheelers and 10 light commercial vehicles were supported under FAME scheme. • Since, 2015, the GOI, under its National Automotive Testing And R&D Infrastructure Project (NATRIP), established various testing and research centers in the country. These are: International Centre for Automotive Technology (ICAT), Manesar, National Institute for Automotive Inspection, Maintenance & Training (NIAIMT), Silchar, National Automotive Testing Tracks (NATRAX), Indore, Automotive Research Association of India (ARAI), Pune, Global Automotive Research Centre (GARC), Chennai. • SAMARTH Udyog – Industry 4.0 centers: ‘Demo cum experience’ centres are being set up in the country for promoting smart and advanced manufacturing helping SMEs to implement Industry 4.0 (automation and data exchange in manufacturing technology).

Surviving Factors Adequate availability of skilled / none skilled laborer at low cost, robust R&D centers and low cost steel production are among the most important factors to keep the auto industry alive in the Indian market. Besides, the industry also provides great opportunities for investment and direct and indirect employment to skilled and unskilled labor. By 2026, the Indian automotive industry is expected to increase up Rs 16.16 to Rs 18.18 trillion. • Indian Automobile Industry turned to be the 4th largest vehicle market in the World. • India is expected to be the world's third-largest automotive market in terms of volume by 2026. • The industry currently manufactures 25 mn vehicles, of which 3.5 mn are exported. India holds a strong position in the international heavy vehicle arena as it is the largest tractor manufacturer, second largest bus manufacturer and third largest heavy truck manufacturer in the world.

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This is the Asia’s largest and 17th largest automobile manufacturing company in the world. TATA Motors is known for its production of cars, trucks, vans, coaches and so on. It also records the highest sales and is widely popular across the country in 2017. This company is passionate about anticipating and providing the best commercial and passenger vehicles globally as well as the best customer experiences. The company was established in 1945 and the present strength of the company employee is almost 60000. The annual turnover has estimated up to $42B. With more than 6600 service points, the TATA Motors have sold almost 9 Million vehicles. Tata Motors can be found on and off-road in over 175 countries around the globe. Cars, buses and trucks of Tata Motors roll out at 20 locations across the world, seven in India and remaining in the UK, South Korea, Thailand, South Africa and Indonesia.

Mahindra & Mahindra Ltd Mahindra & Mahindra Limited (M&M) is another auto-giant in India. A part of the Mahindra Group, M&M is the largest SUV maker in the country. In September 2009, M&M registered a domestic sale of record 26,921 units, compared to 22,729 units in September 2008 (with an increase of 18.4%). On the other hand, it sold 15,296 units of UV in the same period, compared to 10,641 units in September 2008 (with a whopping growth of 43.7%). This is the world’s largest tractor manufacturing company and also India’s second largest vehicle manufacturing company. Mahindra & Mahindra is India’s top SUV manufacturing company that produces two wheelers, bus, pickup, tempo, trucks, and commercial vehicles. This company is committed to invest in technology and grow global presence. Mahindra & Mahindra aims to multiply output both in quantity and quality with a major focus on manufacturing excellence. This company has created several industry-leading and category-defining brands.

Hero MotoCorp Ltd Hero MotoCorp Ltd is one of the best companies in India. This is the world's largest manufacturer of two - wheelers, based in India. This company achieved the coveted position of being the largest two-wheeler manufacturing company in India in 2001 and the 'World No.1' two-wheeler company in terms of unit volume sales in a calendar year. Hero MotoCorp two wheelers are manufactured


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across 4 global benchmarked manufacturing facilities.

Bajaj Auto Limited Best known as the global two-wheeler and three-wheeler manufacturing company based in India, the Bajaj Auto Limited is one of the leading business houses in the world. The company has been ranked as the world’s fourth largest three and two wheeler manufacturer. Motorcycles, scooters and auto rickshaws are the most eminent manufacturing of Bajaj Auto. This is the part of the Bajaj Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1940s. It is based in Pune, Maharashtra, with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttarakhand. The oldest plant at Akurdi (Pune) now houses the R&D center 'Ahead'. With a market capitalization of Rs 640 billion, the Bajaj Auto turned to be the India's 23rd largest publicly traded company by market value. The Forbes Global 2000 list for the year 2012 ranked Bajaj Auto at 1,416. This brand is wellknown across several countries in Latin America, Africa, Middle East, South and South East Asia.

Ashoke Leyland One of the leading commercial vehicle manufacturers in India, Ashok Leyland established in 1948. Apart from passenger buses and emergency military vehicles, the company has played a pivotal role in the vast production of trucks. Ashok Leyland has been ranked as the second largest commercial vehicle producer in India. It holds about 30% market share. Significant productions of the company are as follows: Panther BSII, Muti-axle Vehicles, Cheetah Bus-III, Tractors and Ecomet, Lynx BS-II, Diesel and Natural Gas gensets from 15KVA to 250KVA. As per the record, they usually sell over 60000 vehicles and about 7000 every year and it accounts for consolidated revenue of US$ 1.4 billion in 2009.

Maruti Suzuki India Limited Established in 1981, Maruti Suzuki India Limited (MSIL) is the largest passenger car manufacturing company of India. A part of the company is owned by Suzuki Motor Corporation of Japan. A Credited for having brought in the automobile revolution in the country MSIL was known as MarutiUdyog Limited (MIL) till 2007. With its headquarters in Delhi, this automobile company

happens to be the largest producer and market share holder of cars in India. The company accounted for consolidated revenues of US$4.8 billion in 2010. MSIL is credited for manufacturing a variety of passenger cars, SUVs and Sedans. Some of Maruti's most popular brands are: Alto, Gypsy, Omni, Wagon R, Maruti 800, Versa, Zen, Esteem, Baleno and Swift.

Hyundai Motor India Limited Hyundai Motor India Limited (HMIL) is owned entirely by Hyundai Motors of South Korea. This is the largest car manufacturer in South Korea and the sixth largest in the world. HMIL is also the largest passenger car exporter in India. The company was established on May 6, 1996 and flourished in a very short span of time. Popular brands of HMIL are as follows: Santro, Getz Prime, Hyundai i10, Hyundai i20 Accent and the Verna and Sonata.

Ford Motors This is one of the leading automobile manufacturers in the world which ranks high among the top automobile companies. Most prevalent brands Ford are: Lincoln, Taurus, Focus, Mustang, and Fiesta etc.The company’s automobiles are characterized with luxury under the Lincoln Marque brand, with other brands being good for sports and off-road performances. In the past, Ford manufactured some of the best, trucks, buses and tractors. Mitsubishi Motors Corporation This company develops, designs and manufactures automobiles and auto parts. This apart, it also sales, purchases and replaces these automobile parts. This company manufactures component parts, replacement parts and accessories of said used automobiles.It also helps to bring higher productivity and quality to the factory floor. In addition, extensive service networks around the globe provide direct communication and comprehensive support to customers.

Toyota Motor Corporation Toyota Motor Corporation is one of the top most automobile manufacturing companies in the world. Like many others, this company also designs, manufacturers and markets various automobile products including SUVs, minivans, luxury & sport utility vehicles, trucks and buses. This company has other vehicle manufacturing subsidiaries like: Daihatsu Motor for the production of mini-vehicles and Hino Motors for the production of buses and trucks. Toyota car engines are fixed with either combustion or lately the hybrid engines such as the one in the Prius. nnn

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CSR Initiatives Ensure Welfare, Development :

Insight

Director, Anondita Healthcare

E

ducation, Healthcare and Environment are among dozens other that have now turned primary focus for the Government as well as the Private sectors. Besides, up-gradations in Government policies and executions of new plans, the creative steps taken by the public, private and the joint players, under Corporate Social Responsibilities (CSR), is playing a vital role in improving the situation. Undoubtedly, the CSR initiatives by some of the leading companies are doing commendable job. As such, following the footprint of the Government plan and policies, the country’s leading manufacturer of condoms, surgical and household gloves, ‘AnonditaHealthcare’ company has set an example of its kind. The company, under its CSR initiative, is leaving no stone unturned in implementing its development and social welfare plans at appropriate place within the stipulated time frame. Recently, the company was awarded as an Emerging Healthcare company Award by leading media house ‘Times Group’. The company has an old track record of commitment in giving back and investing in welfare of the society. The company’s philanthropic commitments and different CSR initiatives are aimed towards enabling stronger communities by mobilizing and motivating succeeding generations from economically and socially challenged areas and placing them firmly on the track of quality life. During an exclusive meeting with the Observer Dawn, the Director ofAnondita Healthcare, Anupam Ghosh, shares his views as follows:

OD: Do you think CSR activities play an important role in the society? A Ghosh: CSR is now playing an important role in sustainable development of the society. As a result the government has made it mandatory for the industries to spend 2% of their net profit on social welfare and development works. Gradually, the corporations have also recognized importance of giving back to the community in which they operate. In fact CSR initiatives are the best way to contribute to the society and its people. It is through their

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contributions that businesses are being more involved in the society and helping it to progress, by taking various social initiatives like investing in education programs for the poor and homeless children. Some of them are even making financial contributions in community welfare projects, besides providing food to homeless people or the orphanages free of cost. OD: How important is the participation of industry in community welfare initiatives in a country like India? A Ghosh: In order to contribute towards inclusive social development community welfare initiatives have gained unprecedented importance and have become imperative to any company’s strategic decisions. While it has already gained considerable prominence from all quarters, more and more organisations have realised that government alone will not be able to achieve success in all its community welfare endeavours. OD: Let us know briefly on the major CSR initiatives undertaken by Anondita Healthcare? A Ghosh: As a part of its CSR activities, Anondita Healthcare is offering employment to specially abled and blind persons to give them a ray of hope and mitigate their hardships. The company also adopts abandoned children to instil their heart with hope and minimise their miseries. Anondita Healthcare extends helping hand to Charitable Trusts of standing, who are actively involved in providing free Medical Equipments and medicines, etc to various hospitals. Taking its CSR initiatives a notch higher, recently Anondita Healthcare associated itself with the Physically Disabled Indian Cricket Team and the initiative came in support of this team which toured Sri Lanka to play three T-20 International Cricket Match Series with Sri Lanka Cricket Team for the Physically Challenged. In line with its vision to encourage the specially-abled persons in all walks of life it supported the specially-abled Indian Cricket Team for its Sri Lanka tour, by arranging for all their boarding and lodging expenses. Anondita Healthcare undertakes several other benevolent works for the welfare of the underprivileged and needy. It has already sponsored a couple of blind schools in Burari, Delhi. nnn


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