This is some Vacation

By Ravi Kumar Sharma

The perks of staying in Bangalore is not just confined to be blessed by the amazing weather, getting to stay in the IT hub of the country, and leisure around the beautiful gardens which the city proudly boasts of, but also multitude of places that are accessible around the city which are perfect for weekend getaways for the city dwellers.

Whether you are an adventure lover, traveller, or nature

appreciator, Kodagu or ‘Coorg’ as it is mostly known as, will win you as soon as you get there.

Coorg is a hill town in south-western Karnataka, situated on the eastern slopes of Western Ghats, and is about 240 kms from Bangalore. I visited Coorg with a bunch of friends in the month of November’14, when the weather remains cool and pleasant. We planned the trip considering the best time to visit Coorg is during the months of October to March. It took us around 4 hours to reach the first destination- Nisargadhama forest- which left us mesmerized. We were captivated by the picturesque view of the small island formed by River Cauvery, and this great start led us to believe that Coorg has a lot to offer. And we were proved right at every destination as we moved ahead. The misty hills, lush teakwood and sandalwood forests, and acres of tea and coffee plantations of Kodagu are, in a word, stunning. Coorg, also known as “The Scotland of India”, has many places that one should not miss visiting, which include – Abbey falls – the waterfalls favourite among the selfie-clicking masses. In the evening, we visited Raja Seat – which is the scenic vantage point, serene and lush green and offers a not-to-be-missed Sunset view. Coorg is a relatively small town, which shuts down early and the evenings are utilized for shopping rather than exploring places. No-one who visits Coorg forgets bringing back home-made chocolates parcelled for friends and family from a wide variety available at each and every corner of the place. Coffee and dry fruits are also mostly bought by the tourists visiting the place. We started early morning the next day to reach Iruppu falls, where you can actually stand under the falls! The place is calm and beautiful, where one can get peaceful walk through the forest and get good view of the hill ranges from the top. Getting back from there, our next stop was Dubare Reserve Forest & Elephant Camp which offers sightings of wild Asiatic elephants and other wildlife species. This place is flocked by many tourists, mostly college and school trip students and offers various activities like trekking, elephant rides, fishing, and river rafting. Planning a short trip to Coorg, itinerary needs to be made keeping in mind the time required to travel from one sight to another as most of the places to visit in Coorg are not very near to each other.

With this, we decided to bid adieu to this majestic place and head back home. Not to miss, we planned to visit Namdroling Buddhist Monastery on our way back in the evening. The Architecture is fantastic and ‘The Big Buddha Statue’ is mesmerizing. The place is calm and serene, the Hymns being recited makes it ethereal. Continuing our travel after spending some quiet time in the monastery, and with a short halt later for dinner in Mysore, we managed to reach Bangalore late at night with pocketful of memories, experiences and lots of chocolates! 🙂

 

Beeline outside the ATM kiosk – Vanguards of demonetization

By Prashant Kshirsagar

In fourteenth century, Sultan Mohammad Bin Tughlaq took a bold move of demonetizing his own currency. Demonetization is the act of retiring an old unit of currency and replacing it with a new currency unit. Aftermath of his bold decision was chaos in the prosperous empire’s economic condition.

Mohammad Bin Tughlaq is not the only person who did this, there are numerous examples of demonetization. In 1735 AD, Nadir Shah devalued his own currency, making the double paisa coin into a single paisa coin, and ordered money lenders to store no more than 50 mahmoodis (silver coins) in their shops. Unhappy with the economic results of this move, he withdrew the order later and even issued new coins, but by then the devaluation had already made common commodities more expensive. Once in the 7th century China (that allowed paper notes to be exchanged for gold, silver or silk) and one in the 13th century by Persian king Gaykhatu (whose experiment caused so much chaos that he had to backtrack within eight days).

12th January 1946, Reserve Bank of India has announced demonetization. It also caused havoc in the country. On 6th June 1966 and in 1978 same history was repeated. Each and every time demonetization drive has caused high level of inconvenience and shock to the economy. Still political leaders are ready to take such decision for long term welfare of the nation.

History is evident, it is not easy to play with currency as it affects every sphere involved in the economy. But immediate effect is faced by common man or the vanguard of the demonetization drive. Vanguards are at forefront of the battle or new development.

In the twenty-first century, major economies like Japan and Europe are seriously thinking about helicopter money. Helicopter money is term coined by economist for government throwing out money to the people to boost their consumption level. Indian Prime minister Narendra Modi thought of taking back money from its citizen much like a helicopter with a vacuum cleaner sucking the cash out of economy.

Our Prime Minister Narendra Modi attempted surgical strike on black money holder on 8th Nov 2016. This surgical strike has affected every stratum of the society. Economic growth estimations were downgraded by most of the analyst. Everything in India got affected because of this bold move. But most affected people were middle class people who were used to for cash.  In this surgical attack, there were vanguards who got affected most. Those vanguards were making beeline outside the ATM kiosk to get cash for their day to day spending. Those vanguards were trying hard to learn online money transfer system. Corporation like PayTm and banks who were at the frontline in order to make money transition smooth. Efforts from the banks were applaudable.

Past data shows cash transactions give space for black money generation in the system. To address this issue, cash transactions needs to be reduced. Before 8th Nov 2016, there were 87% of cash in circulation in terms of ₹500 & ₹1000 notes. Government took very bold step to scrap all those notes. Though results were highly hypothetical and the reality has revealed itself. This move has proven detrimental for short term economic growth but will help in long term as parallel economy of black money has hampered a lot. Now most of the money are with bank so tracking will be easy. This demonetization drive has affected a lot on fake currency and on the terrorism. In last two months, terrorist activities in Kashmir valley has reduced to very minimal level of the decades, this is positive side of the demonetization drive.

Real fight with the domestic black money has started now. Lot of things depends on, from now onwards how bureaucracy and politician handles this matter. Previously black money holders were able to generate black money and now also those miscreants will find some leeway to get away from taxes. Implementation from the Government side matters a lot. Reserve Bank of India (RBI) is not gone print all demonetized money notes, instead they are gone print less notes in order to give more thrust to the cashless economy. This will really prove a good move.

After demonetization, common man was at the vanguard and after that also if more black money got generated then most affecting strata will be common man. We praise Prime Minister for his unconventional and bold move but he should now focus on aftermath of the scene.

In blade and sword era, vanguards were shielded with metal shields and swords. Now in this era vanguards are shielded with digital currency like digital wallet and debit card/ credit card, that is the only difference. Difficulty level and energy level are the same. Vanguards actions are crucial for winning battle. We hope in this era also vanguards will give big tussle to the opponent and bring victory to the land. ‘Mitron’ we should also accept the digital currency in day to day life to stop black money generation.

The Vanguards who ended the War!

By Shubham Kala

20th century is rightly regarded as one of the bloodiest times in modern history. We had two world wars and major conflicts across the globe that were an outcome of the prevailing cold war between two victors of the WW2.

The allied forces who had got together to fight against Hitler didn’t have much of a plan as to what next? What prevailed was a rat race to gain hegemony and divided the world into 2 blocks and the rest is history. The last decade of this century witnessed the most unanticipated event- The Disintegration of the Soviet Union. The war had come to an end because the Vanguards at two sides decided to let the peace win and war lose.

In the picturesque Hofdi House in Reykjavik, Iceland on October11, 1986 the leaders of USA and erstwhile USSR- the two blocks- met. Secretary General Mikhail Gorbachev had proposed the meeting to President Ronald Reagan less than thirty days before and to his surprise Reagan had accepted. The bon homie was delighting but expectations were still low.

It was at this point that for the first time ever a Soviet Leader had agreed to violations of human rights and decided to look into the matter. Also a proposal to eliminate all new nuclear missiles was brought up. The détente, was being taken to a whole new level from control to end of the nuclear warheads. The world had its eyes glued.

The optimism was so high that at one point Reagan even described to Gorbachev how both men might return to Reykjavik in ten years, aged and retired leaders, to personally witness the dismantling of the world’s last remaining nuclear warhead.

But one point of contention remained. Reagan was committed to see his Strategic Defense Initiative (SDI) to completion.  Gorbachev, fearing an imbalance of power, was equally determined to make sure SDI would never be implemented. Reagan offered assurances to Gorbachev that the missile defense shield, which he had championed and funded despite widespread criticism at home, was being developed not to gain an advantage, but to offer safety against accidents or outlaw nations. Reagan offered many times to share this technology with the Soviets, which Gorbachev refused to believe.

Toward the end of the long and stressful final negotiations Gorbachev would accept continued development of SDI as long as testing was confined to the laboratory for the next ten years. Reagan would not agree. He could not and would not allow the division of his two-part strategy of the simultaneous elimination of nuclear weapons with the creation of a missile defense shield.

After the negotiations broke down without a final agreement, Reagan wrote that he left the meeting knowing how close they had come to achieving his long goal of eliminating the threat of nuclear destruction, and that this was the angriest moment of his career.

In Washington, DC, in December 1987, Gorbachev yielded to Reagan’s terms. The USSR was in dire economic straits, and Gorbachev needed a respite from the arms race.

When Reagan and Gorbachev signed the INF Treaty in Washington, in 1987, the first treaty to reduce the number of nuclear weapons, the United States and Western Europe rejoiced. Later when they called each other “friend” in Moscow, many saw it as “the ratification of their mutual desire for peace.” For the Soviet Union, however, the end of the Cold War triggered new problems. Gorbachev’s economic reforms were failing, and the far-flung Soviet republics were using glasnost to demand independence.

By the time Gorbachev was elected president in the USSR’s first multi-candidate elections in March 1989, his popularity was in sharp decline. Rather than boosting the Soviet economy, his democratic reforms had an unintended outcome: the collapse of Communism throughout Eastern Europe. Receiving the Nobel Prize did nothing to raise Gorbachev in his people’s esteem, and in 1991 Gorbachev was kidnapped by hard-line Communists in an armed coup. He was restored to power with the help of his enemy Boris Yeltsin, but Gorbachev’s leadership was irreparably damaged. On December 25, 1991, Mikhail Gorbachev resigned as president of the Soviet Union, but only after dissolving it.

 

The man gave up all his powers but brought an end to the cold war. The west still remembers

‘Gorby’ as Margaret Thatcher described him: full of warmth and someone with whom business could be done. The Russians too remember Gorbachev but unlike Americans they remember him for disintegrating the great USSR- a future of reintegration that present president Putin sells quite a lot. Gorbachev was awarded Nobel Peace Prize for his efforts to bring an end to cold war. The vanguards who lead from the front not to fight but to prevent the fight. Their mutual admiration and tact shall always be a bacon of light for this troubled world. Today, we again have two leaders with similar mutual admiration- Vladimir Putin and Donald Trump. Will their camaraderie result in a better world as post the fall of ‘the wall’ or will we see new walls coming up? Only time will tell.

 

HR

By Suyog Suryawanshi

Introduction

If we say an organization is a four pillar building, the functional pillars which sustain the whole organization, are Financial functions, Operational Functions, Marketing Functions and Human Resources Functions.

Human Resources Functions

The total contribution of Human Resources function in a company’s profitability is pretty well. Every company has its own vision, mission and values on which they believe and work. An organization sets a goal along with responsibility, here HR plays a fundamental role. The set of responsibility assigned by company for their betterment are very important and essential to grow.

Human Resource function enables those goals of the company for the future development. It plays different roles in various verticals and department in a way to achieve overall development of organization.

HR has evolved over the time, period before the industrial revolution 1.0 where whole economy was concerned about agriculture, all the processes were carried out among nearby villages. Channel of communication were limited. During the period of 1750 to 1850 dependency of economy got transformed from agriculture to industry and that’s where Industrial revolution started taking place. Industries started growing too fast as rapid growth in communication channels took place. That’s where the HR came into frame of an organization. With the growth of industries, separate formation of department started and to look after the worker’s wages, salaries and other welfare HR came on the field. After 1850 great scientist like Frederick W. Taylor, Elton Mayo, Douglas McGregor proposed various theories related to HRM and it was the time where HR got transformed to line managers and got connected to core business operations.

Now in 21st century HRM has a very new and large prospective. Very effectively explained by Prof. Dave Ulrich, HR is now in 4 major areas as

1) HR business partner

2) Change agent

3) Administrative expert

4) Employee champion.

“Being an effective leader is enormously complex. It requires vision to see a future, dedication to make things happen, sensitivity to people who are quirky at times, and personal confidence without arrogance.” Prof. Dave Ulrich

HR is looking forward to the challenges in Industrial revolution 4.0, In today’s digital ever changing world. It is categorized by a fusion of technologies that is blurring the lines between the physical, digital and biological sphere.

According to a research by World Economic Forum the major caused by fourth industrial revolution is the loss of 7.1 million jobs worldwide on the other hand creation of 2 million jobs in the field of computer science, mathematics, architecture and engineering. Well, any transition comes up with new responsibilities and in fourth industrial revolution HR challenges revolve around three areas

  • How to recruit people for new job roles?

-Incorporation of new jobs and finding the right talent is major task in this transition, as whole scenario of job roles changing very fast for example data analysts, specialized vendors etc.

 

 

  • How to attract and retain best of the talent in the existing industry?

– Situation is brutal as shortage of digital and professional techies in the market as a result high amount of competition between industries to grab the talent.

-As a lot of opportunities for people who having very specialized skillset, retention is a major challenge goes hand on hand with recruitment.

3)     How to keep employees motivated?

-Most important task is to keep your employee motivated.

-Continuous change in business environment, it is very important to give exposure to employee to develop and learn new skills in order to perform new job responsibilities and adjust themselves in work procedures with a high level of frequency.

Adequate training is very important as we can say the professional people always has urge to learn and grow irrespective of their previous job roles and responsibility, HR department can successfully enable these platforms for employees.

With these changing global business scenario HR managers must be empowered on the board of companies in order to take finest decisions for employees with the collaboration of other teams in the organization. We can definitely say that now “HR is at the table”.

Food Trends of 2016

By Jayanth Satwik

Some experts believe that traditional Indian cuisines with a blend of modern techniques was on demand as in the last two years, while others were of the opinion that healthy food options with taste and quality was on demand as well.  And to find what is actually going to be cooked in Indian kitchen, Restaurant India went to the food and beverages fraternity to list the top eight food trends that ruled the Indian palate.

Chef driven start-ups

Being the year of innovation and food startups, chef driven startup was one of the hot segment that picked up the food business race this year. Citing good model, to finest produce, the trend saw lots of attention from the investors. And, as the model is backed by the hands that cooks the purest and healthiest food, players like Holachef, Foodport, iTiffin and ZuperMeal ruled nation.
Rise of packaged food segment

And, as everyone is getting into the fast pace of life, packaged food industry has seen a new growth in the last one year. With market leaders like, Maiyas Beverages entering the segment with their cool recipes, the trend is really getting hot at a time when women are joining hand with the men to do the outdoor needs. and, what better could it get with the RTE and RTC segment where there is lots of opportunity for home cooked like taste.

Indian regional cuisine with modern tadka

 

Irrespective of the fact that foreign restaurant chains like Burger King, Nando’s, Carl’s Jr entered the Indian market, Indian foods are still the hot favorite among food lovers breaking its traditional confines with modern interpretations. Regional dishes from all corners of the country will hit the five star restaurants in the country. According to experts, “There are a lot of changes that are going to happen in the Indian F&B segment. As people are willing to experiment new dishes, they will focus more on local and sustainable produce with little tweaks in the menu.

 

Healthy food options took the center stage

 

Gluten-free menu items and kale salads are so yesterday. Today, people will look for health as well as taste going hand on hand. Yogurt brands, smoothies, dairy products and special food items hit the Indian menu. New Juice brands and start-ups entered the market, and local as well as global players are reaching out to healthy young India. “Not only India, people across the globe are becoming more and more conscious about their health and lifestyle. Thanks to the various awareness campaigns, people are now realizing the ill effects of junk food and empty calories. Additionally, the young working population are independent and do not have much time to prepare every meal at home, which is why they look to eat out.

 

Online food ordering moved to a greater height

With major players like food panda and Tastykhana taking the leap in the online food ordering segment in India, many local and small players have entered in the segment from different regions in the country.  goGrab.in, Dine IN, Food Cloud and are getting a great response as people these days find online ordering a best place to order food as it avoids the hassle caused in ordering food and hence, it seems to rule the country in 2016 as one of the best F&B trend inviting the major players like Zomato to enter this segment.

Fast foods will continue to rule the palate

Whenever it comes to take a hunger bite, diners rush to restaurants for fast foods like burgers, noodles, momoz, Manchurian, pizzas etc. Acknowledging the same, not only Indian brands, even foreign restaurants have made a way forward into the country. These dishes dipped in sauces and different gravies have touched the heart of youngsters in the country was seen in restaurants in 2016.

Meals on wheel

With people travelling from one place to another, today many new food joints have come serving food on train and buses. YatraChef and Travel Hana have wonderfully associated with number of restaurants over 150 cities to serve food on train. Not only this, IRCTC has also partnered with major brands like Jumboking, Lite Bite Foods and Subway amongst others to run their outlets at various railway stations to provide food options to the travellers. According to the experts, easy to grab food is in demand as it consumes less time and one can consume it on the go and hence, it ruled 2016.

Indian food trends will enter into new miles in 2017, where socializing the food on Instagram and Twitter by food photographing and sharing via social media will be a new fun. Hence, today’s food lovers are very much aware about what they choose to eat and what suits their palate best.

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