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Pranab, Budget 2012-13 Objectives

The Union Budget 2012-13 presented by the finance minister Pranab Mukerji in Lock Sabha, Identified five objectives to addressed effectively in the ensuring fiscal year. They includes: focus on domestic demand driven growth recovery, create condition for rapid revival of high growth in private investments; Address supply of bottlenecks in agriculture, energy and transport sector particularly in coal power National Highway, Rail ways and civil aviation Intervene decisively to address the problem of malnutrition especially in the 200 high burden districts expedite coordinated implementation of decisions being taken to improve delivery system, government and transparency; and address the problem of back money and corruption in public life the country’s GDP growth in 1012-13 is expected to be 7.6% +/- 0.25 % in 2011-12 the country’s GDP is estimated to grow at 6.9% after having grown at the rate 8.4% in each of the two preceding years. Thought the global crisis had affected In

Unemployment in India ?

India maybe considered a rising power with large number of qualified job aspirants entering the workforce every year. But the hard reality which many do not say in the open is issue of employability of these aspirants. There are thousands of students and professional out of college & professional institutes every year but many of them are really good enough to do the job that’s awaiting them. Instead of IIM and IIT graduate only a small percentage of student coming out of these institutes are really qualified to take up the real challenges of work. Rest are bookish geniuses who have come well with their scores   According to survey conducted by FICCI and Ernst & Young paper, even though over 40 million people are registered in employment exchanges only .2million get job annually. Event Starting is the fact that about 80% of the workforce does not possess identifiable marketable skills Equally sad is the fact that the school drop-out rate in India touched to 56.5 % by

Pareto’s Principle: 80–20

I read this principal and I want to share with you all, if we talk about . who’s this Pareto guy and why do we care? Well, Pareto was an Italian economist. He observed that, in any give endeavour, 80 present of the rewards we receive come from only 20 present of the effort. He’s telling us that only 20 present of the work we do will lead us to most of the rewards in life.  That’s pretty depressing! We will be rewarded for only 20 % of the work we do? Well, not quite, but most of our reward does come from a very small percentage of our work. So what does it mean to us? How do we use this information? Knowing this allows us to prioritize our work appropriately. We will want to put the things that we believe will bring us the proper rewards A: Personal B: Professional C: Organizational—high on our priority list and everything else lower.   Important..... As we think about arranging our work, we need to remember Pareto’s Principle.

Googal plus Vs Facebook

Since the launch of Google Plus, I started comparing Facebook and Google Plus. It is a brand new social network created by Google. Everybody wanted to compare the features of these 2 giants. I noticed few points…. The pluses of Google+ over Facebook Google hangout is far better than the Facebook video chat Google+ provides better privacy and well layered grouping – Circles Google+ does not have annoying applications like facebook (may be yet) Google+ is simple and cute – May be just because it is new Google+ uses the google chat for chatting. It is much better than facebook chat The minuses of Google+ over Facebook Google+ lacks a number of features that facebook has (Since it’s new and beta) Google+ does not have anything special for a typical facebook freak who does not care much about privacy Google+ does not have an own powerful branding as a social network I can say I like booth. as results are sowing googal plus is

Company culture and environment very important part of Organization

A culture and environment is the values, ethics and practices collective by the members of the group. Company culture and environment is important because it can change the direction of your company. Some studies report the difference at 150% or more. To achieve results like this for your organization, you have to figure out what your culture is, decide what it should be, and move everyone toward the desired culture. Company cultures evolve and they change over time. As employee leave the company and replacements are hired the company culture will change. If it is a st

Tools of problem solving

Good problem solving skills empower managers in their professional and personal lives. Good problem solving skills seldom come naturally; they are consciously learnt and nurtured. The range of good problem solving skills includes: • developing creative and innovative solutions; • developing practical solutions; • showing independence and initiative in identifying problems and solving them; • applying a range of strategies to problem-solving; • applying problem-solving strategies across a range of areas; What is a Problem? 1. A problem is an opportunity for improvement . “Every problem has a gift for you in its hands,” problem” and “opportunity The questions such as: • Is there more than one "problem” and “opportunity? • Is it my personal "problem” and “opportunity? Is it the organization’s problem” and “opportunity? • Is it an actual "problem” and “opportunity or just an annoyance? • Is this the real "problem” and “opportunity, or merely a

Food Storage Problems in India

We have one good news for our country straggling we have bumper crop but food inflation is going high , it is not going to happen the crisis in food management has been underline again and again We have weakest link storage in supply chain. The combination of storage capacity of food corporation of India , central warehousing corporation of India the various state warehousing corporation adds up to 63.63 million tonnes that is even less than the 65.60 Mt grain stock listed in the central pool in I Jan 2011 More over the problem of storage is compounded as the prices are not determined by the demand and supply of market. The government fixed minimum support price (MSP) for key crop that is usually might higher than open market. For instance, in 2010 -11 the open market price for wheat was less than Rs. 1000 per quintal, while the MSP was Rs 1180 per quintal This of course, results in the huge pile up of stock with the government which it finds difficult to store and man