Getting them job-ready

first_imgIndia Today spoke to the heads of some leading private universities on how they are enhancing the employability of studentsG. Viswanathan, Founder and chancellor, VIT University, VelloreExposure to industryWe have industrialists on our Board of Studies and Academic Council giving inputs from the industry perspective. We believe there is a,India Today spoke to the heads of some leading private universities on how they are enhancing the employability of studentsG. Viswanathan, Founder and chancellor, VIT University, VelloreExposure to industryWe have industrialists on our Board of Studies and Academic Council giving inputs from the industry perspective. We believe there is a need for change not only in content and use of new technology, but also in the teaching of soft and life skills. So we have integrated the soft skill training programme in the curriculum itself. Every semester, students take up one credit soft skill course which equips them with the requisite skills for the 2020 job market. Every subject taught at the university has a minimum module of two hours to be necessarily taught by an industrialist. The compulsory industry training, industry visits and Capstone Project in industries in the final year make students understand industry processes and culture.Skill enhancementThe university focuses on improving skills in the following areasdigital, design thinking, cognitive load management skills, virtual collaboration, cross-cultural competency and creating (innovation) skills.Our efforts to synergise academic institutions with industry have not provided expected yields; it needs a policy push from the governmentT.R. Pachamuthu Chancellor, SRM Institute of Science and Technology, Kattankulathur, Tamil Nadu Photo: BANDEEP SINGHSkill enhancementIntegrated with the curriculum right from the first semester is a mandatory foreign language, such as Japanese, German, Korean, French and Chinese. Training in professional ethics, soft skills, quantitative aptitude, communication and reasoning skills and verbal aptitude is also provided.advertisementWhat the government should doPlug the gap in industry-academia collaboration. Though a lot has been deliberated upon, not much has been happening to connect academic institutions with industry. In the West, especially in Europe, industry drives academic institutions. Our efforts to synergise academic institutions with industry have not provided expected yields. If at all a policy push is required from the government, I think this is one field it is needed in.Suneel Galgotia Chancellor, Galgotias University, Greater Noida Corporate tie-upsThe university has corporate tie-ups with Wipro Technologies, Infosys, Adobe, Tata Consultancy Services, Accenture, L&T Ltd, Ericsson, Capgemini, Tech Mahindra and Minda Silca.What the government should doEncourage excellence while promoting equity. Ensure one potentially counterproductive form of control over higher education is not replaced by another. Also that public goals in higher education are met through influence rather than direction.Skill enhancementThe university offers a basket of higher-end technology courses such as Internet of Things, Cyber Security, Cloud Computing, Artificial Intelligence, Robotics, Augmented Reality, Big Data Analytics, Virtual Reality. Further we ensure that all students opt for at least two advanced technology courses in the academic year which can enable them to secure jobs.The government must ensure that one potentially counterproductive form of control over higher education is not replaced by another- Suneel GalgotiaPrashant Bhalla President, Manav Rachna Educational Institutions, Faridabad Corporate tie-upsThe university offers multiple courses in collaboration with JBM, Su-Kam, IBM, Xebia, Cygnus Hospitals, Inter-Continental Hotel Group (IHG), Fortis Healthcare and KPMG.Exposure to industryWe have more than 50 collaborations with various universities and institutes internationally for research and academic exchange programmes. We also have tie-ups with the National Skill Development Corporation; the Indian Oil Corporation, R&D Centre, Faridabad; Translational Health Science and Technology Institute, Faridabad; Council of Scientific & Industrial Research; Indian Institute of Petroleum, Dehradun; and the National Institute of Immunology, New Delhi.Centres of excellence have been established in collaboration with reputed companies like Su-Kam, Daikin, Mitsubishi, Honda, SAP, Reliance Jio, Infosys (campus connect), Intel, Dell, Atmel and Sky Tester for enhancing research skills. We also have a centre of excellence in sports science and a Centre for Advanced Water Technology & Research.Dr Mariazeena Johnson Pro-Chancellor, Sathyabama Institute of Science and Technology, Chennai Exposure to industryIn order to focus on application-oriented learning, students are encouraged to take up real-time industrial problems as projects and provide solutions. Industrial visits are organised as part of the curriculum to provide an insight into the internal working of companies. Career-based certification courses in Business English, Vedic Mathematics, Journalism and Scientific Sense of Silicon Systems are offered to the students. Besides, there are collaborations with industry giants such as Oracle, IBM, Microsoft, Cognizant, Wipro, Infosys, Virtusa, FLSmidth and Emerson Automation.What the government should doEncourage the participation of higher education institutions in the Skill India Mission. Provide more resources and better incentives to universities to enable them to develop educational infrastructure to meet the challenges of transitioning from a traditional university to a modern one that focuses more on skill training. Make internships and on-the-job training mandatory in curriculums of higher education institutions.advertisementlast_img read more


2012 Queensland State Championships Results

first_imgWomen’s 20’s FinalBrisbane City Cobras 3 defeated Sunshine Coast Pineapples 1Player of the Final – Tara Sheppard (Brisbane City Cobras) Women’s Open FinalSouth West Queensland Swans 6 defeated Brisbane City Cobras 3 Player of the Final – Emilee Cherry (South West Queensland) Mixed Open FinalBrisbane City Cobras 12 defeated South Queensland Sharks 6 Female Player of the Final – Renee Fraser (Brisbane City Cobras) Male Player of the Final – Dylan Hennessey (Brisbane City Cobras) 26 teams from right across Queensland converged on the Palm Beach Touch Fields on the Gold Coast from Friday to Sunday to take part in the 2012 Queensland State Championships. With three days of exciting games concluding on Sunday, the massive weekend of Touch Football saw some of Queensland’s best players battle it out. The Brisbane City Cobras finished the event with wins in three divisions, the Men’s 50’s, Women’s 20’s and Mixed Open, while South West Queensland took out the Women’s Open final and the Central Queensland Bulls were one touchdown winners in the Men’s Open division final. The results of the event are below:Men’s Open FinalCentral Queensland Bulls 5 defeated South Queensland Sharks 4Player of the Final – Dan Withers (Central Queensland Bulls) center_img Men’s 50’s Final Brisbane City Cobras 5 defeated Sunshine Coast Pineapples 4 Player of the Final – Geoff Garrick (Brisbane City Cobras) Related LinksQLD State Champslast_img read more


Over 900 Commitments To Action Announced At CGI University Meeting

first_imgOver the weekend, more than 1,200 college and university students from across the country and around the world came together at the University of California, Berkeley for the ninth annual Clinton Global Initiative University (CGI U) meeting, making more than 900 Commitments to Action to address this generation’s most pressing challenges.

New commitments this year include efforts to create 24-hour centers to assist victims of gender-based violence in Pakistan; use drones to monitor elephant poaching in Benin, Niger, and Burkina Faso; create an algorithm to predict and monitor disease transmission in Brazil and Malaysia; develop a $1 HIV test to reverse the spread of HIV/AIDs in Africa; and organize coding workshops to increase employment opportunities for refugees.

”You can’t create a perfect world, you can only create a better world, but you can make it better every day,” said President Clinton during an interview with Conan O’Brien during the closing plenary. “What we try to do here at CGI U is bring people together so that they can discuss ideas and come up with commitments to change the future.”

”We believe that no one is ever too old or too young to make a difference. The earlier we start, the more likely we are to find the right partners and the better chance we have of making the positive difference we feel called to do,” said Chelsea Clinton. “We believe this so strongly, in part, because of the legacy of CGI U and the impact that we’ve seen so many of our students have already.”

Chelsea Clinton also revealed the winner of the CGI U 2016 Commitments Challenge, a national online competition of new commitment ideas from college and university students in the form of a “bracket.” The competition began on March 1, during which students received private donations from supporters around the world through CrowdRise. In total, students raised more than $31,000 for their commitments. The winning commitment is FutureBox by Tameem Addeeb of DePaul University, which raised over $10,400.

In the lead up to the CGI U meeting, on March 31 and April 1, students had the opportunity to participate in a two-day “Code for Impact” event in partnership with the Clinton Health Matters Initiative. The Codeathon challenged student designers from across disciplines to build original prototypes to promote emotional wellness on campus. After the teams presented their prototypes to a panel of expert judges that included Chelsea Clinton, Laura Quintana of Cisco, and Kiah Williams of SIRUM (Supporting Initiatives to Redistribute Unused Medicine). The winning teams, recognized at the closing plenary, are Quokka and Be Well.• Quokka, named after the “happiest animal in the world,” is an app to help freshman students who moved to campus from a different city or country to acclimate to their new environment. Quokka uses a dual approach of journaling and personalized recommendations to give the 80% of students experiencing daily stress the tools they need to integrate good mental health practices into their new campus experience. The winning team members include Vijay Edupuganti, Gwen Yi Wong, Clementine Haimeng Zhang, Viraj Mahesh, George Shaikouski, Danielle Elizabeth Harris, and Sydney Wang. • Be Well is a holistic platform that enables users to reflect on their emotional well-being and interact with others in the same emotional state. The application addresses the problem of isolation by using a platform centered on creating authentic human interactions. The winning team members include Navgeet King Zed, Amy Miao, Chadwick Maycumber, Hoaithi Le Dang, Rediet Yibekal Wegayehu, and Kristy Liao.This year, through the CGI University Network, the Resolution Project Social Venture Challenge, and other opportunities, $1,000,000 in funding opportunities were made available to CGI U 2016 students to help them turn their ideas into action. This summer, CGI U will launch the Innovation Fund competition, which will invite young social innovators from around the world to submit their Commitments to Action online to the competition. Through this challenge, winning students will receive seed funding for their commitments, and will then be invited to attend the CGI U 2017 meeting. This weekend also marked the launch of the Impact Library, a new website designed for the CGI community, development practitioners, and others interested in the social impact sphere. This new digital platform aims to share knowledge and data to drive effective results across all stages of project development and implementation.

Support for CGI U 2016 is generously provided by: Ambassador Gianna Angelopoulos, Richard C. Blum, Laureate International Universities, The MasterCard Foundation, Andy Nahas and the Prospect Fund, Peter G. Peterson Foundation, Ramsey Social Justice Foundation, and XQ Institute.

On Sunday, April 3, President Clinton and Chelsea Clinton led CGI U students in a Day of Action, a service project in partnership with the Oakland Unified School District and the Oakland Public Education Fund at the Havenscourt and Lockwood Campuses in Oakland, California. CGI U students and members of the CGI community worked with several community-based organizations on activities ranging from planting trees, to organizing libraries, to mural painting.

Founded and led by Chelsea Clinton in the wake of Hurricane Sandy in 2012, the Clinton Foundation Day of Action program seeks to create service opportunities and mobilize thousands of volunteers to give back to their communities. To date, the Clinton Foundation has hosted 28 Days of Action in the United States and abroad, which have mobilized more than 5,700 volunteers and donated more than 24,000 volunteer hours.last_img read more


Home Is Where The Hot March Madness Tickets Are

Saturday248.45136.402,825 There are eight cities hosting March Madness games this weekend, but none with ticket sales hotter than Louisville, Ky.; Omaha, Neb.; and Seattle. That’s what happens when NCAA tournament games are basically home games.The demand for tickets there shows how valuable ostensible home games are to ticket sellers, if not to fairness lovers. Kentucky, Kansas and Gonzaga — the first or second highest-ranked teams facing off in the hot-ticket cities — all play their home games less than 300 miles from their tournament host cities. Omaha gets a double dip of local teams, with No. 7 Wichita State playing there as well.To get the list, I used data provided by two online ticket marketplaces, ScoreBig and SeatGeek. Connor Gregoire, a SeatGeek spokesman, sent data based on sales made via the site’s ticket search engine. Alison Burnham, vice president of pricing and analytics for ScoreBig, sent data for tickets available on her site and elsewhere on the secondary market.I compared average prices for top-tier seats, and, separately, for the cheap seats. Also, some sessions are more attractive than others — people would rather go to a weekend session than one during the week, probably both because of the convenience and because weekend sessions tend to feature tighter games. In addition, weeknights beat weekdays, and Fridays beat Thursdays, perhaps because it’s easier to travel without taking two days off work. Since 2011, Friday afternoon sessions have averaged 19 percent higher prices for the best seats, 30 percent higher prices for the cheaper seats and 26 percent more sales on SeatGeek. Check out FiveThirtyEight’s March Madness predictions. Thursday afternoon$131.95$67.802,175 Friday afternoon156.7588.052,740 Thursday evening163.0087.552,235 SESSIONLOWER SEATSUPPER SEATSTICKETS SOLD Sunday233.70130.752,760 So I compared apples to apples: How did Thursday afternoon sessions, for instance, compare to average prices for that session this year?After controlling for variables unrelated to which teams were playing, Louisville was clearly the hottest ticket among the four cities holding Thursday/Saturday sessions. Omaha and Seattle were the Friday/Sunday winners.1Venues sell four types of tickets: For each of the two round-of-64 sessions, for the single round-of-32 session, and for all three sessions combined. In each host city, I looked at ticket demand for each of the four ticket types in three ways: prices of more-expensive seats, prices of cheap seats and volume of ticket sales. That’s 12 points of comparison in all. Louisville and Omaha were above average in 11 of the 12 categories for their sessions. Seattle was above average in every ticket-price category, though below average in three of the four ticket-sale-volume categories. The ScoreBig data, used as a reality check, was similar, with Pittsburgh also making a strong showing.From a last-minute ticket-buyer’s perspective, the main question might be, how much is the least I can pay to get in? To answer that question, SeatGeek sent along daily figures for the ticket at the fifth percentile of listing prices for each session. Even these seats, some of the cheapest available, have stayed expensive for the round-of-64 sessions that feature quasi-home teams in Louisville, Omaha and Seattle. But for other sessions, prices have fallen. For instance, on Wednesday, tickets to the Thursday afternoon session in Louisville — the one that featured four teams not named Kentucky — could be had for just $14. Friday evening186.25107.952,375 read more


Mens Basketball Ohio State sees bigger picture in loss to Illinois

Ohio State sophomore guard Musa Jallow defends a shot in the Buckeyes’ 63-56 loss against Illinois on Feb. 14 at the Schottenstein Center. Photo: Cori Wade | For The LanternAfter Sunday’s 55-52 win against Indiana, Ohio State head coach Chris Holtmann would not talk about anything further along than the next game against Illinois. He would not call his team a bubble team for the NCAA Tournament, he would not talk about what a win against the Fighting Illini would do to help the Buckeyes’ chances in March. The focus was on the immediate future. And that focus continued, even with the 63-56 home loss to Illinois. “A loss is a loss. I mean, a loss is a loss,” Holtmann said. “People look at it differently. I’m disappointed after every loss, whoever it is, whatever time it is, whatever point in the season.” But junior forward Andre Wesson did not share the same sentiment his head coach did. He stepped up to the podium after the seven-point loss, and did not hide his disappointment with what the outcome ended up being, saying that all losses hurt. But he expanded, peering past the immediate future barrier that Holtmann and his coaching staff have seemingly set upon Ohio State. “This one we needed to have,” Wesson said. “We are .500. We are trying to make the NCAA Tournament. We are not a lock, so any game we play, we gotta have right now.” Wesson sees the reality of what happened against Illinois. It’s a familiar look for the Buckeyes. The offensive struggles continued, shooting 36.2 percent from the field and making 2-of-13 from 3. In either half, Ohio State failed to record double-digit field goals. The mistakes continued in the backcourt and in the passing game. Facing the No. 1 Big Ten team in terms of steals and turnover margin, the Buckeyes recorded 18 turnovers — 10 in the first half and eight in the second — leading to 14 Fighting Illini points. The 18 turnovers Ohio State recorded exceeded the number of field goals, 17, the team connected on. To Wesson, this loss shows the competitive depth of the Big Ten, but it also showed a lack of preparedness, which he blamed on himself and the older members of the roster. “Every night you can get beat if you don’t show up,” Wesson said. “We came out tonight and we weren’t prepared. That’s on me and us older guys. We didn’t get the younger guys prepared and that’s what happens. That’s how you get beat.” Holtmann blamed the coaching staff, saying it has to put its players in better positions to succeed, giving the upperclassmen an outlet to lead in an effective way. After five minutes, Wesson left. After six minutes, Holtmann left. Their focus turned to the same thing: Ohio State’s next opponent. But with that next game comes an opponent that exceeds the level and the quality of the opponent that handed the Buckeyes a seven-point loss“It doesn’t get any easier with Michigan State at Michigan State,” Wesson said. “It doesn’t get any easier. We got to go to work.” However, in Holtmann’s mind, Ohio State is just another bubble team, placing Illinois in that same conversation. He said the focus remains the same. He said it’s about getting better on the court. So, when asked about the NCAA Tournament, Holtmann shrugged it off. “No, no we won’t talk about it. We’ll talk about getting better,” Holtmann said. “We’ll talk about getting better.”  But with Wesson, who left with the same downtrodden look he came in with after the game, that’s seemingly all he can think about. read more


Ion trap quantum computing

first_img Explore further NIST Demonstrates Better Memory with Quantum Computer Bits This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. “Instead of moving ions around,” Stock continues, “you apply a two-ion operation between all neighboring ions at the same time. The created multipartite ‘entangled’ array of ions is a resource for quantum computing.” Actual computing is then based on measurement of ions in the array in a prescribed order and using a slightly different measurement basis for each ion. “In this scheme, it is the time required to read out information from the ions that critically determines the operational time scale of the quantum computer,” Stock says.Stock describes the measurement component as vital to this model of quantum computing. Instead of exciting the ions and getting them to emit a photon and measuring the photon, Stock and his colleague instead devised a different way in which they were able to measure the quantum bit encoded in a calcium ion. “You can use an ionization process to speed up measurement, since the electron can be extracted faster from the atom than you can get a photon out of an atom. The extracted electron is then guided onto a detector by the ion trap itself.” All of this takes place on a nanosecond time scale. “By speeding up the measurement,” Stock insists, “we can speed up the operation capability of the quantum computer.”Stock points out that this quantum computing scheme would be impractical as far as taking over common use from classical computers. “The lattice would have thousands of ions, which would need to be controlled, and carefully stored and protected. It means that the computer would be relatively large and impractical.”Uses for such a quantum computer are not limited to breaking data encryption. “This process would allow us to take problems of great complexity and still solve them on a humanly possible timescale. This could provide the key to modeling complex systems – especially perhaps in biology – that we can’t solve now. This would be a tremendous advantage over classical computing.”More information: Stock, René and James, Daniel. “Scalable, High-Speed Measurement-Based Quantum Computer Using Trapped Ions.” Physical Review Letters (2009). Available online: link.aps.org/doi/10.1103/PhysRevLett.102.170501 . Copyright 2009 PhysOrg.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed in whole or part without the express written permission of PhysOrg.com. Citation: Ion trap quantum computing (2009, May 12) retrieved 18 August 2019 from https://phys.org/news/2009-05-ion-quantum.html Stock, a post-doc at the University of Toronto, points out that ion trap quantum computing has made a lot of progress in the last 10 years. “Ions in traps have been one of most successful physical implementation of quantum computing in physical systems.” Stock believes that it is possible to use ion-trap quantum computing to create measurement-based quantum computers that could compete with classical computers for very large and complex problems – and even on smaller scale problems. His work on the subject, done with Daniel James, appears in Physical Review Letters: “Scalable, High-Speed Measurement-Based Quantum Computer Using Trapped Ions.”“One of the most important considerations in quantum computing is the fact that quantum computing scales polynomially, rather than exponentially, as classical computing does.” This polynomial scaling is what makes quantum computing so useful for breaking data encryption. In order to make data encryption more secure, one usually increases the number of bits used. “Because of the exponential scaling, breaking data encryptions quickly becomes impossible using standard classical computers or even networks of computers,” Stock explains. “The improved scaling with quantum computers could be one a biggest threads to data encryption and security.” While this sounds promising, Stock points this out that there are still problems with quantum information processing: “While scaling would be better with quantum computing, current operation of quantum information processing is too slow to even compete with classical computers on large factoring problems that take 5 months to solve.”The way ion-trap quantum computing works now – or at least is envisioned to work – requires that ions be shuttled back and forth around the trap architecture. Stock explains that this takes time. “As the complexity of problems and the size of the quantum computing to be implemented increases, the time issue becomes even more important. We wanted to figure out how we could change the time scale,” Stock explains. “We found that we could speed up the processing by using an array of trapped ions and by parallelizing entangling operations.” (PhysOrg.com) — “Right now, classical computers are faster than quantum computers,” René Stock tells PhysOrg.com. “The goal of quantum computing is to eventually speed up the time scale of solving certain important problems, such as factoring and data search, so that quantum computing can not only compete with, but far outperform, classical computing on large scale problems. One of the most promising ways to possibly do this is with ion traps.”last_img read more

BSkyBs overthetop movie service Now TV is now a

first_imgBSkyB’s over-the-top movie service Now TV is now available on the Microsoft Xbox games console platform. Registered Now TV customers will be able to access the service via the Xbox at no extra cost, allowing them to stream movies to their TV screens. Now TV customers are allowed to register up to two devices through which they can access the service.The Xbox version of the service will allow users to view movies at 720i resolution and access all 11 Sky Movies live channels if they take up the Sky Movies Pass option. Xbox users will be able to find the App on the homepage for instant access to the service. Kinect for Xbox 360 owners will also be able to navigate using voice and gesture controls.Now TV has already launched on PC, Mac, iPhone, iPad, some Android smartphones and on the YouView connected TV platform. Sky said it was also developing versions for the Sony PlayStation 3 and Roku streaming player platforms.The service currently offers a Sky Movies pass option, giving access to over 600 titles for £15 (€19) after a 30-day free trial, and ‘pay and play’ access to over 1,000 movies through the Sky Store, with prices ranging from £0.99 for library titles to £3.49 for new releases. Sky has said it will add sports content including Premier League football, the UEFA Champions League, England Test cricket, Heineken Cup rugby, ATP tennis and the golf Masters from Augusta by the end of the year, with shows from Sky 1, Sky Atlantic, Sky Arts and Sky Living to follow.last_img read more

Cable operator UPC Czech Republic is increasing th

first_imgCable operator UPC Czech Republic is increasing the speed of its internet services from next month.New and existing customers will be able to surf the web at speeds of up to 240Mbps without a data limit from September.UPC said its customers in the Czech Republic consumed an average of 36GB a month of internet traffic in the first half of this year, up 18% year-on-year.last_img

The rise of overthetop OTT video has been driv

first_imgThe rise of over-the-top (OTT) video has been driven in part by low-cost entry and the elimination of long-term contracts. Yet those same factors mean that the churn rate (the percentage of subscribers who cancel the service during a given time period) is also increasing.Overcoming high churn and incentivising retention are notable challenges for all OTT video providers, especially as the market becomes more saturated and penetration rates slow.In this eBook you will learn more about:the financial implication of churn and how to forecast itthe value of retained OTT subscribershow to use data and subscriber intelligence as a churn remedyhow Cleeng helps broadcasters address the issueDownload the eBooklast_img

Uber Must Leave Italy in 10 Days After Nationwide Ban

first_img The only list that measures privately-held company performance across multiple dimensions—not just revenue. Add to Queue Mariella Moon Next Article Image credit: Pacific Press via Getty Images This story originally appeared on Engadget It can no longer advertise its services or operate in the country. Uber 2 min read Apply Now » Trouble seems to follow Uber wherever it goes. A court in Rome has just banned the ride-hailing service in Italy for contributing to what it says is “unfair competition” faced by the local taxi industry. Uber must now stop promoting its services and cease all operations in the country within 10 days, unless it’s willing to pay a $10,600 fine for each day it remains active after that grace period. While Uber’s $70 billion valuation makes that amount sound like chump change, it hasn’t exactly been profitable and actually bled billions in 2016.Uber’s situation in Italy is the same problem it typically deals with, albeit on a different day and in a different country. The company faced similar pushback from local taxi associations in France, the U.K. and other places around the globe, and it’ll no doubt happen again and again. In fact, this isn’t the first court battle it lost in the European country: a couple of years ago, a court in Milan banned the company’s UberPop application.Nevertheless, the company said in a statement that it’s “shocked” by the court’s decision and will file for an appeal. It added: “Thousands of professional, licensed drivers use the Uber app to make money and provide reliable transportation at the push of a button for Italians.” Until it changes the court’s mind, though, Uber’s Black, Lux, Suv, X , XL, Select and Van phone applications will have to say “ciao” to Italian commuters. –shares Uber Must Leave Italy in 10 Days After Nationwide Ban April 10, 2017 2019 Entrepreneur 360 Listlast_img read more

IBM Signals End of Telecommuting Craze

first_imgRemote Workforce Remote workers are strong proof that talking face to face is the best communication technology. Next Article IBM Signals End of Telecommuting Craze Author of Real Leaders Don’t Follow Free Webinar | July 31: Secrets to Running a Successful Family Business Steve Tobak Learn how to successfully navigate family business dynamics and build businesses that excel. VIP Contributor May 24, 2017 Register Now » 5 min read –shares Remember the time Marissa Mayer banned telecommuting at Yahoo and started a media firestorm? Some thought she’d flipped her lid. Others said she’d made a grave mistake that would kill morale. Well, she hadn’t and it didn’t. That was one of the few things she did right in her ill-fated attempt to turn around the hapless internet portal.While the former Googler didn’t intend to start a trend, she did. HP followed suit a few months later. Then came Best Buy, Bank of America, Aetna and others.Last week, IBM gave thousands of virtual workers an ultimatum: either show up in the office, or go work somewhere else. Considering that Big Blue pioneered the “anytime, anywhere workforce” decades ago, that sort of closes the books on what has turned out to be yet another overhyped management fad.Years ago, telecommuting was all the rage. Many predicted that, in the not-too-distant future, just about everyone would work remotely. Turns out, while working alone can boost productivity for some, the isolation can also have a chilling effect on collaboration and innovation. It’s sort of a mixed bag.Related: How Telecommuting Reduced Carbon Footprints at Dell, Aetna and XeroxWith decision-making becoming more real-time, data-centric and collaborative every day, it’s easy to see that a distributed workforce can slow the wheels of progress. It’s not at all surprising that nearly every company that’s put a stop to working remotely has been in a turnaround situation when team performance is critical.That’s why Apple spent billions to build Apple Park — its new spaceship-like headquarters with 175 acres of parkland and a 2.8 million square-foot main building that can house more than 12,000 employees. It’s all about collaboration and innovation. You’d think the tech giant would know something about that sort of thing.   The notion of overhyped management trends goes far beyond telecommuting. Every year or so the media goes bananas over a new fad. Enterprising opportunists then write books and start lucrative consultancies. There are always companies, big and small, that take the bait. Most end up regretting it, especially those who go for it hook, line and sinker.Related: 4 Reasons Telecommuting Can Be Bad for BusinessBack when I was a young up-and-comer, the big management trends were matrix management, core competency, management by objective, organizational development, six sigma and strategic planning. The hot books were The One Minute Manager, Guerilla Marketing, Crossing the Chasm and Good to Great.Granted, there was some benefit to most of those concepts. It was the hype that caused executives and business leaders to go overboard.One of the best examples of that was outsourcing pioneered by Peter Drucker, the father of modern management. The problem came when outsourcing turned into offshoring, and ended up exporting jobs and importing cheap labor. The result was the near extinction of America’s manufacturing sector.Today, we live in the golden age of overhyped fads: company culture, personal branding, content marketing, cause marketing, growth hacking, emotional intelligence, employee engagement, crowd funding, positive thinking, productivity, time management and, of course, everything Steve Jobs. There are countless books like The Lean Startup, Strengths Finder and Start With Why.As in the past, there is some value to most of those concepts, but again, overdoing it can do far more harm than good. The best recent example I can think of is the self-management craze. For a while, everyone was starting to question whether companies even needed bosses or titles anymore. It turns out that flatter organizational structures are indeed beneficial, but only to a point. As usual, some went overboard.Related: 5 Ways Telecommuting and Flex Time Help You Recruit the Best WorkersA book called Reinventing Organizations by Frederic Laloux popularized the controversial concept of teal or nonhierarchical, peer-to-peer organizational structures. Holacracy took it a step further. But Tony Hsieh’s move to take Zappos in that direction has been an unmitigated disaster. Twitter cofounder Ev Williams dropped Holacracy at Medium, which is currently trying to reinvent itself and its business model.In the early days of the company, Google cofounders Larry Page and Sergey Brin toyed with the notion of a completely flat organization without bosses. They finally came to their senses and realized that, while it might work for some companies of limited size, it simply wasn’t very practical or scalable for a growth-oriented company. Kudos to them.Look, I’ve been around a long time, long enough to see dozens if not hundreds of management fads come and go. The problem is when otherwise smart people stop thinking for themselves and start listening to the hype. They follow the crowd because all those people can’t be wrong. On the contrary, they can, and usually are.You know how there’s supposed to be so much wisdom in crowds? Nope: It’s just another fad. There’s no wisdom in crowds, just massive groupthink and herd mentality. You can’t beat the irony. As I say in my book, Real Leaders Don’t Follow: Leaders lead. Followers follow. You can’t do both. And that’s no hype. Opinions expressed by Entrepreneur contributors are their own. Image credit: Philippe Huguen | Getty Images Add to Queuelast_img read more

Business Leaders Slam Trumps Decision to Withdraw From Paris Climate Agreement

first_img Editorial Intern 4 min read Elon Musk, Mark Cuban and Mark Zuckerberg are among those who spoke out. This story originally appeared on Business Insider Business Leaders Slam Trump’s Decision to Withdraw From Paris Climate Agreement June 2, 2017 –shares Elon Musk is leaving Trump’s advisory council. Free Webinar | July 31: Secrets to Running a Successful Family Business Next Article Image credit: AP/Evan Vucci Learn how to successfully navigate family business dynamics and build businesses that excel. Government Mary Hanbury Add to Queue President Donald Trump announced Thursday that he will pull the U.S. out of the Paris climate agreement.The agreement, which was signed by 195 nations in December 2015, aims to slow down the rate at which the planet is warming.Before today’s decision was made, several executives of U.S. companies showed their disapproval of the U.S. pulling out of the agreement. On Wednesday, a letter signed by the executives of major companies, including Facebook, Google, Apple and Unilever, urged the president not to abandon the agreement.After Trump announced his decision, Tesla and SpaceX CEO Elon Musk said that he will be leaving Trump’s advisory council. Other executives have taken to social media to voice their concern.Jeff Immelt, chairman and CEO of General ElectricDisappointed with today’s decision on the Paris Agreement. Climate change is real. Industry must now lead and not depend on government.— Jeff Immelt (@JeffImmelt) June 1, 2017Elon Musk, CEO of Tesla and SpaceXAm departing presidential councils. Climate change is real. Leaving Paris is not good for America or the world.— Elon Musk (@elonmusk) June 1, 2017Satya Nadella, CEO of MicrosoftWe believe climate change is an urgent issue that demands global action. We remain committed to doing our part. https://t.co/Gfu7P2ESlL— Satya Nadella (@satyanadella) June 1, 2017Brad Smith, president of MicrosoftWe’re disappointed with the decision to exit the Paris Agreement. Microsoft remains committed to doing our part to achieve its goals.— Brad Smith (@BradSmi) June 1, 2017Aaron Levie, CEO of BoxWith so many things America needs to make substantial progress on, it’s incredibly disappointing to see us regress in significant areas.— Aaron Levie (@levie) June 1, 2017Mark Cuban, owner of NBA’s Dallas Mavericks1) If Dems are smart, they should call for immediate meetings w POTUS to determine how to get back in the Paris Agreement— Mark Cuban (@mcuban) June 1, 2017Lisa Jackson, vice president of environment, policy and social initiatives at Apple and former administrator of the U.S. Environmental Protection AgencyAddendum: minus ??. For the good of big coal.— Lisa P. Jackson (@lisapjackson) June 1, 2017Marc Benioff, CEO of SalesforceDeeply disappointed by President’s decision to withdraw from ParisAgreement. We will double our efforts to fight climate change. pic.twitter.com/cmCLf9CoVY— Marc Benioff (@Benioff) June 1, 2017Brent Saunders, CEO of Allergan$AGN is committed to doing our part to reduce climate change: decrease energy consumption, greenhouse gas, water use & waste by ~20% in 2020— Brent Saunders (@brentlsaunders) June 1, 2017Sundar Pichai, CEO of GoogleDisappointed with today’s decision. Google will keep working hard for a cleaner, more prosperous future for all.— Sundar Pichai (@sundarpichai) June 1, 2017Lloyd Blankfein, CEO of Goldman SachsToday’s decision is a setback for the environment and for the U.S.’s leadership position in the world. #ParisAgreement— Lloyd Blankfein (@lloydblankfein) June 1, 2017Mark Zuckerberg, CEO of FacebookBob Iger, chairman and CEO of The Walt Disney CompanyAs a matter of principle, I’ve resigned from the President’s Council over the #ParisAgreement withdrawal.— Robert Iger (@RobertIger) June 1, 2017Apple CEO, Tim CookDecision to withdraw from the #ParisAgreeement was wrong for our planet. Apple is committed to fight climate change and we will never waver.— Tim Cook (@tim_cook) June 2, 2017In an email to employees on Thursday, following Trump’s withdrawal announcement, Apple CEO Tim Cook said: “Climate change is real and we all share a responsibility to fight it. I want to reassure you that today’s developments will have no impact on Apple’s efforts to protect the environment.”Cook had phoned the White House earlier this week to urge President Donald Trump not to withdraw from the Paris climate deal. Register Now »last_img read more

Booker Harris Push Marijuana Legalization to Center Stage for 2020 Election

first_img Image credit: Pool | Getty Images Booker, Harris Push Marijuana Legalization to Center Stage for 2020 Election dispensaries.com Opinions expressed by Entrepreneur contributors are their own. Legal Marijuana Two senators who are leading candidates in the race for the Democratic presidential nomination have already accomplished something early in the campaign – they’ve made legalization of marijuana at the national level a primary issue.Sen. Cory Booker of New Jersey already has introduced legislation to remove marijuana from the federal list of illegal drugs and continues to take that position as a candidate. And Sen. Kamala Harris of California this month very publicly declared her support for legalizing pot on “The Breakfast Club” morning radio show in New York City.She couldn’t have been much more straightforward.“Let me just make this statement very clearly: I believe we need to legalize marijuana,” Harris said on the show. “Now, that being said – this is not a “but,’ this is an ‘and’ – and we need to research…the impact of weed on a developing brain.”She said leaders must also discuss a way to create standards for measuring impairment of drivers under the influence of marijuana.Related: This Week in Weed: High End Hemp!Much Ado About Nothing?That all seems clear, but of course there was an immediate political dustup over a side issue. In this case, it revolved around whether Harris listened to Tupac and Snoop Dogg when she tried marijuana in college (neither had released records before she graduated in 1986). Many media outlets reported she said this in the “Breakfast Show” interview.However, the video of the interview seems to show she was answering another host’s questions (there are multiple hosts) about music she listens to, not an interjected question about what she was listening to while using marijuana, according to the New York Times.The more important issue for cannabis entrepreneurs and consumers is that Harris, like Booker, put legalization of marijuana at the federal level on the front burner. When talking about using marijuana in college, Harris added, “and I inhaled.” That’s a reference to then-presidential candidate Bill Clinton’s statement in 1992 that he tried marijuana in college but “didn’t inhale.”The marijuana debate has come a long way in the intervening 27 years. What used to be the source of a “gotcha” question – “have you ever used marijuana?” – is now used by a candidate to talk about legalization.Related: 3 Compliance Considerations for Multi-State Cannabis BusinessesBooker Forces HandHarris, the former attorney general of California, had little choice but to take a position on the issue. Booker filed legislation in 2017 that called for removing marijuana as a Schedule I illegal drug. He’s remained a strong supporter of legalization.The Drug Enforcement Administration maintains the schedule of illegal drugs , which was started during the Nixon Administration in the early 1970s. It essentially launched the War on Drugs and led to creation of the DEA in 1973.Schedule I is for the most stringently restricted  illegal drugs. In the eyes of the federal government, marijuana is as dangerous and addictive as heroin and cocaine. That’s an official position that stands at odds with what state voters and legislatures have done. In 10 states, recreational marijuana is legal., while 33 states have legalized medical marijuana.Booker’s legislation not only would legalize pot, but also withhold federal funds from states that maintain marijuana laws that disproportionately impact minority communities.Arguments for legalization.What voters will hear over the next few months from politicians will likely revolve around the following arguments for legalization.The War on Drugs hurts minorities the most: FBI statistics show that blacks are 3.73 times more likely to get arrested for marijuana possession than whites, according to an analysis by the American Civil Liberties Union. The ACLU also reported that marijuana possession arrests account for more than half of all drug arrests. Harris mentioned this in her interview, noting that “young men of color” have been arrested at rates higher than other young men.The people have spoken: In vote after vote in state after state, people have approved both legal recreational and medical marijuana.Marijuana has health benefits: Few will come out and say that marijuana has health benefits, although a lot of research shows that is the case. But they will argue that more research needs to be done and that can’t happen with marijuana being illegal at the federal level.Treat it like alcohol: Even if they don’t argue any of the above, some politicians already are saying that marijuana should be made legal and regulated like alcohol, another substance that used to be illegal.How President Donald Trump will position himself on the issue is unclear. However, in June 2018 he said he’d “probably” support bipartisan legislation that lifted the federal ban on marijuana and leave it to the states to decide.To stay up to date on the latest marijuana-related news make sure to like dispensaries.com on Facebook Easy Search. Quality Finds. Your partner and digital portal for the cannabis community. Perhaps the greatest proof the American people have rejected the War on Drugs is that presidential candidates can favor legalization at no political cost. Add to Queue Next Article –shares Guest Writer Free Green Entrepreneur App Keep up with the latest trends and news in the cannabis industry with our free articles and videos, plus subscribe to the digital edition of Green Entrepreneur magazine. 5 min read February 19, 2019 Download Our Free Android Applast_img read more

SoundCommerce Closes 65 Million Seed Round Led by Defy Partners

first_imgAmazon Veterans Apply Data Science to Help Brands Transform Operations and Shopper ExperiencesData platform provider SoundCommerce has closed a $6.5 Million seed round led by Silicon Valley’s Defy Partners with participation from Voyager Capital of Seattle, Stage Venture Partners of Los Angeles, the Alliance of Angels and other notable investors. The funding coincides with SoundCommerce’s public launch as a data platform for commerce operations, and will accelerate the company’s hiring, platform development and customer engagement.“Delivering amazing consumer experiences is incredibly hard — it’s the reason brands that directly serve consumers are worth ten times their wholesaler counterparts,” said SoundCommerce CEO Eric Best. “You’ve acquired the shopper, and now it’s time to deliver on your customer promise. This is where SoundCommerce comes in.” Defy PartnersfundingMarketing TechnologyNewsSoundCommerceStage Venture Partners Previous ArticleVonage and Freshworks Enhance Customer Experience Via Multichannel CommunicationsNext ArticleStartup Studios Are the Next Big Thing in the VC Industry, Says Sky 21 SoundCommerce Closes $6.5 Million Seed Round Led by Defy Partners PRNewswireJuly 2, 2019, 2:33 pmJuly 2, 2019 center_img “For omnichannel brands like Lucky Brand navigating the market today, both shopper expectations and operational complexity are higher than ever,” said Michael Relich, COO at Lucky Brand, a SoundCommerce customer. “SoundCommerce helps us manage the business to the key metrics and service levels that drive our profitability and customer experience across channels.”Marketing Technology News: Creator by Zmags Brings Greater Agility to Ecommerce CreativitySoundCommerce, an Operations Data Platform (ODP) for consumer brands and retailers, transforms customer experience through better decisioning across merchandising, supply, fulfillment, delivery, and customer service. SoundCommerce tracks real-time operational events, profitability and customer lifetime value to answer questions fundamental to cross-channel and direct-to-consumer success, including:“Are we meeting our delivery promise?”“What’s driving and detracting from profitability?”“Are assortment, inventory and promotions aligned with demand?”“Which markets, channels, and customers should we prioritize?”“How should we treat this customer to balance profit with experience and LTV?”SoundCommerce connects data between systems and partners, monitors operations, enables business intelligence, and drives machine learning-enabled predictive decisioning. The platform is integrated with major commerce systems including Amazon.com, Shopify, Magento, Salesforce Commerce Cloud, StitchLabs, NetSuite, Dynamics 365, ReCharge and Salsify as well as common EDI formats and leading parcel post carriers.Marketing Technology News: Amperity and Snowflake Partner to Help Joint Customers Power Customer 360 Initiatives“SoundCommerce is poised to capitalize on the value of operations data, beginning with the massive and growing consumer goods and D2C industries,” said Neil Sequeira, Co-founder and Managing Director at Defy Partners. “While everyone else prioritizes marketing, Amazon.com has proven that modern, intelligent operations are paramount to retail success.” In conjunction with the financing, Sequeira joins SoundCommerce’s board of directors.SoundCommerce is founded by CEO Eric Best and CTO Jared Stiff, industry veterans with previous exits to Amazon, Liberty Interactive, and the public equity markets. SoundCommerce investors include Defy Partners, Voyager Capital, and the AoA. Stage Venture Partners and Kick-Start Partners led the company’s pre-seed financing.Marketing Technology News: Creator by Zmags Brings Greater Agility to Ecommerce Creativitylast_img read more

Low levels of certain eye proteins could serve as predictor for Alzheimers

first_imgBy Sally Robertson, B.Sc.Mar 19 2019Researchers at Boston Medical Center have found that low eye-fluid levels of two proteins associated with Alzheimer’s could serve as a potential predictor of the disease. Shutterstock | Kuttelvaserova StuchelovaThe study showed that low levels of amyloid-β and tau proteins in the eye was significantly associated with poor cognitive scores.Alzheimer’s disease is characterized by abnormal levels of amyloid- β and tau, with amyloid proteins forming deposits in the brain many years before symptoms arise. Diagnosing and treating Alzheimer’s disease in the early stages, before symptoms present, significantly improves the chances of therapy being effective.Related StoriesEye research charity funds development of ‘organ-on-a-chip’ to fight glaucomaAmerican Academy of Ophthalmology shares tips for staying safe around fireworks’Eye-in-a-dish’ model helps scientists to uncover ‘surprising’ AMD gene variantThe study, which is the first to link ocular levels of the biomarkers with mental status, suggests that an eye test for the proteins could be a cost-effective, convenient way of predicting future Alzheimer’s risk.Studies have already shown that low levels of amyloid-β and tau in the cerebrospinal fluid (CSF) is associated with preclinical disease – where the pathological brain changes have started, but clinical symptoms have not yet developed. However, the lumbar puncture or “spinal tap” procedure that is used to obtain CSF is expensive and often inconvenient for patients to undergo.Now, ophthalmologist Lauren Wright and colleagues have tested eye fluid extracted from 80 patients who had previously undergone eye surgery. After determining the level of amyloid-β and tau in the samples, the team found that lower levels of the biomarkers were associated with lower scores on a baseline cognitive test the patients had taken.Furthermore, the cognitive test scores showed that some of the participants with low levels of the proteins already showed signs of mild-to-moderate dementia.”These findings could help us build an accessible, and minimally invasive test to determine Alzheimer’s disease risk, especially among patients with eye disease,” says Wright.The findings support previous research indicating that patients with eye disease may be at risk for Alzheimer’s disease. They also suggest that further studies of these patients may generate results that can be applied to the broader population.Senior author Manju Subramanian says the research represents a great step in establishing the important role the eye could in play diagnosing preclinical Alzheimer’s.“Further study is needed comparing protein biomarkers in the eye with more in-depth neurological testing,” he concludes. Source:https://www.eurekalert.org/pub_releases/2019-03/bmc-sft031819.phplast_img read more

Lenovo posts 189 mn fullyear loss on onetime writeoff

first_imgChinese technology giant Lenovo on Thursday said it recorded a $189 million net loss for its full fiscal year due mainly to a one-time charge, while saying it was planning an overhaul to broaden its appeal. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. The Beijing-based company also reported a 69 percent decline in profit in its fourth quarter ending March 31. Quarterly profit was $33 million, compared to $107 million in the same quarter last year.Revenue in the fourth quarter increased 11 percent year-on-year to 10.6 billion, the first double-digit increase in 10 quarters, while full-year revenue was up five percent, it said in a statement to the Hong Kong Stock Exchange.Full-year profit was hit by a $400 million non-cash write-off charge from deferred income tax assets, the company said.Lenovo continues to be weighted down by the poor performance of a subscale mobile segment despite an improved datacenter business, Johnathan Ritucci, a Bloomberg Intelligence analyst, wrote ahead of the release. “Its US PC franchise strategy also needs to be confronted quickly, as (rival Hewlett-Packard) continues to gain segment share,” he said.The company’s shares rose more than four percent after the results were released, but later gave up most of those gains in the afternoon to sit 1.6 percent higher.However, the stock will be kicked out of Hong Kong’s benchmark index next month, after plunging around 70 percent over the past three years.Lenovo said it will combine its personal computer group, smart devices and mobile business into an “intelligent devices group”, transforming itself from a single PC hardware company into multi-business group.The company merged its mobile and PC businesses under Chief Operating Officer Gianfranco Lanci, a Lenovo veteran who helped to build company’s presence in Europe according to Bloomberg News.In 2014, the company bought smartphone maker Motorola from Google and IBM’s low-end server business as part of a strategy to expand its business beyond PCs. Citation: Lenovo posts $189 mn full-year loss on one-time write-off (2018, May 24) retrieved 18 July 2019 from https://phys.org/news/2018-05-lenovo-mn-full-year-loss-one-time.html Explore furthercenter_img © 2018 AFP China’s Lenovo posts first revenue fall for six years (Update) Lenovo said it will combine its PC group, smart devices and mobile business into an ‘intelligent devices group’last_img read more

Workplace messaging startup Slack eyes 2019 IPO report

first_img Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Workplace collaboration software firm Slack is actively preparing for a share offering in early 2019, which be the largest in the tech sector since Snap’s debut last year, The Wall Street Journal reported Friday. Workplace software startup Slack valued at $7.1 bn in new funding © 2018 AFPcenter_img Stewart Butterfield is the CEO of the workplace software group Slack, which reportedly is preparing a public stock offering next year Citation: Workplace messaging startup Slack eyes 2019 IPO: report (2018, September 28) retrieved 17 July 2019 from https://phys.org/news/2018-09-workplace-messaging-startup-slack-eyes.html Citing unnamed sources, the newspaper said Slack is aiming for an initial public offering (IPO) in the first half of the year that would value the California startup at well above the $7.1 billion it reached in its most recent funding round.The company declined to comment, with a spokesman saying “Slack does not comment on rumors or speculation.”In August, the company raised $427 million to give it a valuation of some $7.1 billion, making it one of the most richly valued “unicorns,” or startups with private funding worth at least $1 billion.Slack, which offers real-time messaging for the workplace, said in its announcement it has more than eight million daily active users and more than 70,000 “paid teams” that subscribe to its premium services.Created in 2013, Slack has been a leader in the new segment but faces competition from the likes of Microsoft, Facebook and others offering workplace collaboration tools.Analysts say Slack has found a niche, especially among small- and medium-sized businesses, where employees can face information overload from email.Other richly valued unicorns reportedly aiming for an IPO in 2019 include ridesharing giants Uber and Lyft, and lodging startup Airbnb.last_img read more

Fraud probe targets top Porsche bosses report

first_img German prosecutors raid Porsche in corruption probe Citation: Fraud probe targets top Porsche bosses: report (2019, May 29) retrieved 17 July 2019 from https://phys.org/news/2019-05-fraud-probe-porsche-bosses.html Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Prosecutors had said Tuesday they were probing five senior managers at the German sports car maker over “unjustified” and “disproportionately large” payments to the worker representative, but did not name the suspects.Citing search warrants from Tuesday’s raids at Porsche and other offices and private homes, news site Spiegel Online reported Porsche’s finance director Lutz Meschke, human resources boss Andreas Haffner and CEO Blume were all in investigators’ sights.The outsized salary, bonuses and in-kind compensation to the former works council leader could have represented “fraud against Porsche” by the people behind them, prosecutors said.Porsche and the people involved declined to comment, citing the ongoing investigation, Spiegel reported.Porsche confirmed Tuesday to AFP that the searches had taken place, adding that the carmaker “is cooperating fully with the authorities.”The raids were not related to Porsche’s role in “dieselgate”, the emissions cheating scandal over which it agreed to pay a fine of 535 million euros ($669 million) earlier this month.Parent company Volkswagen admitted in 2015 to manipulating 11 million vehicles worldwide to appear less polluting in the lab than on the road.center_img © 2019 AFP Three top executives at Volkswagen subsidiary Porsche including chief Oliver Blume are under investigation over alleged excessive payments to a former works council leader, according to a Wednesday media report. Porsche CEO Oliver Blume is among three top executives at the sports car maker under investigation, according to a German media reportlast_img read more

15th Finance Commission begins talks with TN govt15th Finance Commission begins talks

first_imgCOMMENTS COMMENT Published on The 15th Finance Commission, headed by NK Singh, on Wednesday commenced discussions with the Tamil Nadu government, political parties, major stakeholders in the State on various issues, including the environment.The 18-member delegation interacted with leaders of all major political parties in the State and representatives of the local governments. It also had discussions with leading economists and domain experts of Chennai and the region, Singh told reporters. “We were greatly enriched by the interactions and discussions with domain experts and economists…”Some of the suggestions that came up during the meeting with the economists included the variables to be taken into account while estimating nominal GDP; assumptions with regard to inflation and real GDP growth; the risks and challenges that lie ahead in making projections for 2020-2025, which is the tenure of the commission, he said.Further, there were suggestions on tackling global warming and its effects on the environment, and on measures to prevent coastal erosions. In the evening, the delegation dined with Tamil Nadu Chief Minister Edapaddi K Palaniswami.On Thursday, the commission will hold a detailed discussion with the State government, before heading to Madurai. On Friday, as part of a field visit, the delegation will visit the 640 MW solar power plant at Kumudhi, India’s largest, and, en route to Rameshwaram, visit performance-based maintenance contract roads in Ramanathapuram district, said State government sources. Holds discussions on variables to compute GDP, check ecological destruction September 05, 2018 SHARE SHARE EMAIL economy (general) SHARElast_img read more

Opposition express concern over farmers suicide worsening agrarian situation

first_imgNEW DELHI: Concerned over increasing number of farmers’ suicide and ‘worsening’ agrarian situation, opposition members on Tuesday suggested the government ensure adequate water, quality seeds and remunerative prices for farm produce in a bid to improve the plight of farmers. While the opposition members attacked the government for not doing enough for the agriculture sector, the members of the ruling party stressed that farmers are benefiting from the host of schemes launched by the Modi government in the last five years. Initiating a debate on demand for grants for department of agriculture and farmers’ welfare, and ministry of rural development in the Lok Sabha, Uttam Kumar Reddy (Congress) accused the government of paying lip service to farmers instead of addressing the real issues being faced by them. He said nearly 12,000 peasants commit suicide every year in the country and average suicide is 30 per day as they are compelled to do so. With regard to doubling farmers’ income scheme, he said, the economic survey released in 2018 revealed that income in the last four years had remained flat. In such a scenario, the government’s promise of doubling farmers’ income by 2022 remains a far cry, he added. Reddy also said the calculation of minimum support price (MSP) is faulty and the government has failed to ensure adequate MSP to farmers. Farmers are compelled to sell their crops at less than the MSP announced by the government, he said. Citing the example of cotton, he said farmers are getting one fourth of the cost. On PM-KISAN scheme, Reddy said, Rs 6,000 per annum that too in three quarters is too little for a farmer and does not serve any purpose. The cost of farming has gone up significantly and Rs 6,000 per annum to farmers is no help to them and are not able to save them from going to money lenders, he added. Besides, he said, this is not available to tenant farmers who number about 2.1 crore across the country. With regard to PM Fasal Bima Yojana, Reddy said it is benefiting insurance companies rather than farmers. Claims of farmers are not being attended to, he said, adding, insurance companies have made a profit of Rs 3,000 crore from PM Fasal Bima Yojana as per the IRDAI report 2017- 18. He also asked the government to either remove Goods and Services Tax (GST) from all agriculture equipment and other inputs used in farming or bring them under the lowest possible tax slab. Expressing concern over increasing number of farmers’ suicide, Prataprao Jadhav (Shiv Sena) said they only need three things – adequate water for irrigation, quality seeds and remunerative price of their produce. “If they get these three things, they can take care of themselves and will not need any assiatance from the government,” he added. SS Palanimanickam (DMK) said that farmers are lagging behind in every other profession in the country. “BJP said that they would be doubling the income of farmers but they are only repeating the same slogan because there is a big gap between what they say and their action,” he said “I am sure that in the next election also, you will be repeating the same slogan. We were expecting loan waiver but that did not happen…You are just giving peanuts to farmers,” he said. On the PM Kisan Yojna, under which the government gives Rs 6000 per annum to farmers, he said that this is a small amount. He suggested that if the government wants to double farmers income they need to give special importance to sectors like dairy, poultry and fishery. “They should get remunerative prices,” he said. Ramapati Ram Tripathi (BJP) said that the budget mainly focuses on village people and farmers. The budget would also help in doubling the income of farmers, he said. “Rs 6,000 is not a small amount and this will help small farmers in crucial times. They do not have to approach moneylenders now,” he said adding the amount is helping them in buying seeds and urea. For urea, farmers did not have to stand in queues due to the steps taken by the government, he said. Ram Shankar Katheria (BJP) stressed that farmers today are very happy on account of various schemes launched by the Modi government during the last five years. He also said that unlike the Congress governments, the Modi government has fulfilled all the promises made to the people. Pratima Mondal (TMC) said the farmers are suffering because the government has not given any emphasis on the agriculture sector. Kaushlendra Kumar of the JD (U) said the government should focus on Bihar and Assam as these states are reeling under severe flood situation. Download The Times of India News App for Latest India News.XStart your day smart with stories curated specially for youlast_img read more