Fifty years ago | Criteria for opening new post offices - https://lnkd.in/gVmzHP_y, A clear set of achievement parameters covering capitalist, socialist and access criteria. India as such is a #Phygital market with need for human touch to spark BFSI offtake. After the consumer is convinced, the annuity continues. #Indiapost Today's need is perhaps more of Data based Review and Time bound actions. To stretch the tax payer's rupee while balancing ready availability.
M Kalyanaraman’s Post
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📢 Frustrated with India Post Office Services 📢 Once again, India Post Office has shown that its employees are as inefficient as other government offices. Watching them take one hour to complete a single task, typing with one finger, and then promptly heading off for lunch is beyond frustrating. This pathetic level of service is a clear indicator of a system where employees are content with taking a free salary without any regard for efficiency or customer service. It's truly a shameless experience that needs urgent attention and reform. #IndiaPostOffice #CustomerService #GovernmentEfficiency #NeedForChange
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A heads-up for non-local Professionals in Karnataka!!🚨 The Karnataka Reservation Bill, which aimed to introduce 50% reservation in managerial positions and 70% in non-managerial roles for local candidates in private firms, has been put on hold due to industry concerns. The bill's future is uncertain, but one thing is clear - it's crucial for nonlocal professionals . Hence consider the following steps to stay prepared: 1. Monitor news and updates on the bill's status and implications. 2. Enhance your skills to make yourself more competitive in the job market. 3. Build relationships with local professionals, companies, and industry leaders. 4. Look for companies that may be exempt from the reservation policy or have a more inclusive hiring approach. 5. If eligible, register yourself as a local candidate by obtaining a domicile certificate or other required documents. 6.Be open to exploring opportunities in other locations or industries. 7. Connect with organizations that advocate for merit-based hiring and inclusive policies. 8. Understand the reservation policies of potential employers before applying. 9.Be prepared for potential changes in the job market and have a plan in place. 10. Consult with HR experts, legal advisors, or career counselors for personalized guidance. Let's continue the conversation - share your thoughts on the bill and its potential implications for the job market! #KarnatakaReservationBill #CareerUpdate #JobMarket #PrivateSector #ReservationPolicy #IndiaBusiness #HRNews #PolicyWatch #KarnatakaNews #LocalEmployment #DiversityAndInclusion #TalentAcquisition #Leadership"
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Delhi vs Gurgaon Nov 27, 2024 1. Development in Delhi in holistic, but Gurgaon only has corporate offices. Thus, Gurgaon has money but lacks culture, style, and aesthetics. It is not culturally, morally, and spiritually civilized. It has what we call in the US dumb money. Meanwhile, Delhi is a vibe in itself. 2. Gurgaon looks like a slave farm, where people come to work like monkeys in a lab. They wear their nooses even outside the plantation. They depend on corporations for sustenance. By proxy, much of Gurgaon's socioeconomy depends on these corporations. It depends on outsiders for its growth. Meanwhile, Delhi people are not dependents but participants in the socioeconomy. Relatively more people in Delhi run small businesses. They are owners rather than slaves. 3. Because there is more small scale business development in Delhi, its growth is decentralized, robust, and organic. Every locality seems to have its own food vendors, clothing stores, pharmacies, department stores, beauticians, phone mechanics, law firm, etc. Each locality is a subeconomy within itself. Meanwhile, the socioeconomy in Gurgaon is more centralized and consolidated, thus not as robust. 4. As you get away from corporate offices, you see the real Gurgaon, which still is in 20th century. The bottom in Gurgaon is doing much worse than the bottom in Delhi. As we know, a car is as only as good as its worst part; a body is only as healthy as the weakest organ.
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#SupremeCourtofIndia Announces New #WorkingHours for Registry and Offices; Amends #SupremeCourtRules **New Delhi, 16 July 2024:** In a significant administrative update, the Supreme Court of India has announced changes to the working hours for its Registry and offices. Effective from 1 August 2024, the 2nd and 4th Saturdays of each month will be designated as off days for the Court's Registry and offices. To compensate for this, the Registry and offices will remain open on the remaining Saturdays from 10:00 a.m. to 05:00 p.m., instead of the current hours of 10:00 a.m. to 01:00 p.m. This directive has been issued by Hon'ble the Chief Justice of India. A formal notification regarding the amendment to the relevant provisions of the Supreme Court Rules, 2013, will be published in Part II, Section-I of the Gazette of India. This order was signed by Registrar (Court & Building) Mahesh T. Patankar and Registrar (Human Resources) Aparna Afitsaria. #legalupdate by Aura & Company, India's Premier & 1st eLaw Firm (The Auraleague) #SupremeCourtOfIndia #NewWorkingHours #CourtRegistry #AdministrativeUpdate #JusticeInIndia #IndianJudiciary #SCINews #LegalUpdates #OfficeOrder #JudicialReforms
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#Telangana Govt Signs MoU with ITServe Alliance to Create 30,000 IT Jobs in Tier-2 & 3 Cities #ITSector #Employment #Tier2Cities #Tier3Cities | ITServe Alliance | #SridharBabu https://lnkd.in/gCBnbRbg
Telangana Govt Signs MoU with ITServe Alliance to Create 30,000 IT Jobs in Tier-2 & 3 Cities
knnindia.co.in
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Investment can beat Inflation
With 1 Crore, you can't buy a liveable house in Mumbai, Delhi, Gurugram. (at least not a liveable one for a family) You could look at something at the outskirts (maybe). And commute for 3 hours each day. [1] You might now say: okay, go settle in a tier-2/3 city/village, 1 Crore rupee is a lot there. Correct. But, again -- if you can't work remotely (& make money), you will struggle to make a decent living (forget about matching your previous salary) [2] Some would say: okay, work in a big city for a few years. Save money. And, then shift to a small one. This would have worked in an environment where inflation does not GO UP fast! For context: Value of 1 Crore. - 10 years from now= 50Lakhs. - 15 years from now= 36Lakhs. - 20 years from now= 25Lakhs. (Assume: 7% inflation) Government states the inflation is around 5-6%, but if you are from the middle class in India. And, do not depend on government ration, government healthcare, etc-- the inflation is much much higher for you. [3] So what's the solution? Mathematically speaking: your investments (growth rate) > real inflation in the economy. How we do that is the hard part. For starters you should invest in 'growth assets'. Example: while equities would be a growth asset; something like PF/PPF (which gives 8-9%) on a fairly long-term basis, is NOT a growth asset. Figuring out YOUR INVESTMENT system is critical for success. I have dedicated my last 10 years, studying different asset classes. And, have personally made investments across several asset classes. And, I will consolidate all these learnings on a 4-day workshop (with 2 day in person) in Hyderabad. Last 35 seats left: https://lnkd.in/dj5hvDev
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What an interesting week! Two developments from the central and state governments reiterate one thing: 'Change is the only constant, so we must have an adaptability quotient'. Firstly, the Karnataka state government introduced a bill mandating that 50% of management positions and 70% of non-management roles in private companies be reserved for locals. Companies have three years to comply. This bill has faced significant backlash (#RIPBengaluruTechScene), leading Chief Minister Siddaramaiah to put it on hold and plan further discussions in the next cabinet meeting. Link: https://lnkd.in/d4YWpunN Secondly, on Sunday, our Prime Minister made his first visit to Maharashtra after the recent Lok Sabha elections and laid the foundation for projects worth Rs 29,396 crore. He announced his vision to make Mumbai the world’s capital in fintech and Maharashtra a leading state in tourism. Industry players spoke about the limitations and what it would take to accomplish the PM vision. Link: https://lnkd.in/dkC56Gt4 #Fintech
‘RIP Bangalore tech scene’: Founder on controversial job reservation bill by Karnataka government
hindustantimes.com
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The banking, financial services and insurance (BFSI) and Flex Spaces emerged as key demand drivers for office spaces in India in the July-September period, accounting for 39 per cent of the pan-India absorption and an increase of 20 per cent from the previous quarter, according to a report on Tuesday. https://lnkd.in/gEhdiVi6
BFSI, flex spaces key demand drivers for office spaces in India: Report
https://bilkulonline.com
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Karnataka is the clear leader in terms of GCC headcount and real estate utilization. The state contributes approximately 47% to the GCC sector employment and around 40% to the country’s GCC real estate occupancy. In our engagements with global clients regarding center setups or expansions, Bangalore is consistently chosen as a prime location. This is despite ongoing complaints about the city’s rising talent costs, industry saturation, traffic, and road infrastructure issues. However, following the state government’s recent proposal of a reservation bill, our clients have urged us to consider other cities more seriously. Discussions have shifted towards ensuring similar talent availability through a combination of cities skilled in specific processes, tier 1/2 city hub-and-spoke models, virtual models for nationwide talent access, or partnerships with providers. Additionally, neighboring states have approached us to promote their GCC hotspots, offering competitive incentives such as training rebates, tax rebates, employment benefits, and economical premium infrastructure. This situation reminds me of the mid-2000s when Bengaluru’s poor infrastructure allowed other states to attract major hi-tech brands. I hope that, in light of the sector’s potential, the state government reconsiders the bill and enacts more business-friendly regulations. 🤞 Avasant nasscom #GCC #Karnataka #beyondtheweather
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Urgent Appeal to Stop Divisive Politics in Bangalore Here is my deep concern over the recent political strategies being employed in Bangalore, which appear to be focused on dividing the population along regional lines for the sake of votes. As a citizen who cares deeply about the future of our city, I find these tactics both troubling and counterproductive. Bangalore, often referred to as the Silicon Valley of India, owes its growth and success to the contributions of people from all over the country. It is the collective effort of Kannadigas and non-Kannadigas alike that has transformed Bangalore into a thriving hub of innovation, technology, and culture. By attempting to create divisions among the residents based on regional identities, we risk undoing the progress and harmony that have been built over the years. The industries and institutions in Bangalore have flourished precisely because of the diverse talent pool that they draw from. Any move to isolate or exclude non-Kannadigas from the fabric of our city would not only be unfair but also detrimental to our economic and social well-being. The strength of Bangalore lies in its diversity, and it is this inclusivity that has driven its success on the global stage. I urge you to reconsider the approach being taken and to focus on policies that unite rather than divide. Our priority should be the development and welfare of all citizens, regardless of their regional backgrounds. By fostering an environment of cooperation and mutual respect, we can ensure that Bangalore continues to be a beacon of progress and opportunity for everyone. Let us work together to build a city that values and respects all its residents, a city where every individual, irrespective of their origin, feels welcome and valued. Bangalore's success as the Silicon Valley of India is the result of contributions from people all over the country. Divisive politics threaten this harmonious blend and could lead to a decline in the industries that have thrived due to our diverse talent pool. I urge you to stop these divisive strategies and focus on policies that unite us. Let's prioritise the welfare and development of all citizens, ensuring that Bangalore remains an inclusive and progressive city. 😊
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