Posts

Showing posts with the label government

India gets its new minority:

Image
Do you pay to be a minority? Picture courtesy: national.deseretnews.com Our Income tax department is a very nice place, once in a year, they work when the fiscal calendar ends and that too they are not sweating because of workload. Here’s why: India’s income tax department, which was disowned by our beloved Delhi CM, Arvind Kejriwal (beloved? Seriously Mrigank!), recently came up with a report providing the glimpse of how India fared in filing income tax for the year 2012-13 (half a decade too late Sir). According to the reports, India can now officially have a new minority which can fight for quota rights in school, colleges, and public and private jobs. Since I am writing this article, I want to coin a term for them…hmmm…It’s tough, okay for the time being let’s call them-”Tax Trolled”. I tell you the reason why? The report, which I could understand through my knowledge, states that in the population of 125 crores people, around 2.87 crores people filed the income t...

Chennai- The land of water:

Image
Chennai flooded...Asks for Help! 100 years record broken, reads the marquee line of a local news channel here. It’s been 42 hours of rain and still the water is coming down from the heaven on this beautiful haven. Nature sometimes tests human endurance, patience and keeps one finger on human’s panic button. Its like- you move and I press. Water-Water everywhere, but don’t know how many people have water to drink right now. Whether they have food to eat, or rather survive and can they still access clean toilets (looks unlikely in most of the places, which are submerged under the water). Electricity looks like was never discovered and the people who have some bulbs twinkling over their head are the most lucky  ones, I guess (an over statement though). I see the roads, which were once ridden by bikes and cars are now canals for boat rides. I can see my society where I slept two days ago, now a small reservoir. The walls built to mark our territory are now asking- “Why we ...

Startup-Sutra-2: How government can help?

Image
A startup starts and expands, depending upon two entities: Consumer and Government. While consumer forms the base of service initiation or product launch and maintenance, the government plays a pivotal role in supporting a new firm to get proper platform and adequate ecosystem to start and grow with time. It is like a gardener, who takes care of saplings and provides proper nourishment and environment to grow and bore fruits in future. In this article will talk about how a government can play a role in today’s generation startups: India is a hub of eight unicorns (companies having a “bank balance” of more than a billion dollar) and several rising companies which are here to stay, grow and provide benefits to consumers and gain revenues for themselves. It becomes important for the government to believe in these firms and put some of their time and money into them, to gain returns and to provide platforms. Why Bangalore is the hub of startups? Bangalore is the hub of ...