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Economic Environment of Indian Business Sector

noreply@blogger.com (Ms.guide) — Sun, 26 Jul 2020 11:43:00 +0000

Business is the crucial sector of the economy. It shares a huge part of the pie. Economic environment creates a framework for the organizations to operate. The economic environment facilitates a smooth working area to business. Business environment indispensable part of the economy, though it's proper implementation economy attain the majority of GDP growth and National Income and other concerned milestones.

The Analyses of Indian Economy

The economic environment of India is framed of major macro levels decisions. Being a Mixed economy India serves facilities to both Public and private sector as well. They are majorly related to the production and distribution of wealth, which decision ultimately impacts the working of the business sector of the economy. Business has the responsibility to cater economy in such a way so, it could reach the goals in the global market. Similarly, the economy has a liability to provide an efficient working environment for the desired output.

The contents of Indian Economic Environment:

The major economic policies which include monetary, fiscal and industrial policies.
Economic planning is also part of the economic environment which involves Five-year plans, Annual Budgets, Plans for MSME's, Made in India and so on.
Providing opportunities to public and private sectors to grow significantly by following mixed economic structure.
Accessing Infrastructural, Transportation and Communication facilities to ensure the growth of the economic environment.
Economic Environment essentials are National Income, growth of GDP, Per Capita Income rise in Personal Income, rise in net Disposable Income, Increasing of exports over imports, rise in Forex, Rate of savings and investments, Balance of Payment and many more.

The Economic Reform and Economic Environment

Economic reforms introduced By Government of India in 1991 July. The Iconic decision brought millions of change to each and every sector of Indian Economy. Here, the Government of India comes with a new industrial policy in 1991. The reforms were as follows:

Government liberalised the rules for foreign capital. The share of foreign capital was increased and even 100 per cent FDI ( Foreign Direct Investment) approved.
LPG policy brought an invasion of technology in the Indian economy with foreign entry in the Indian market.
Disinvestment initiated by Indian economy in public sectors by Government of India.
Public sector kept reserved to under full control of Govt. of India
Government of India reduced the number of industries under compulsory licensing to six.
Foreign Investment Promotion Board set up to promote and invite foreign investment ion Indian economy.

(LPG) industrial policy was introduced to give wing of expansion to the Indian Economy. Moreover, Government took every step to reduce the hurdles for foreign business to employ their funds in Indian Economy. Liberal rules and private sectors gave a kickstart to the GDP of the Indian Economy.

LPG The essence of Industrial Policy

The three pillars of development LPG Introduced in industrial policy 1991 i.e, Liberalisation, Privatisation, Globalisation

Liberalisation

Economic reforms made the rules and entry of the foreign firm in the Indian economy. Indian economy came up with the liberal policy to enter any enterprises easily. All the unnecessary restriction and controls removed. The end of licence permit quota raj introduced. Reduction of taxes, freedom of fixing prices of goods and services, simplified procedures, flexible rules attracted FDI.

Privatisation

Government started disinvesting public sector for FDI to invest in them. Which revived sick units of Indian economy and uplifted the economy. Many important sectors of economy transferred to private. Privatisation brought better customers service and upgraded product and services. Privatisation introduced a standard of living among Indian Economy.

Globalization

Globalization brings the world to your doorstep. Globalizing Indian market was the best decision took by in Industrial Policy 1991. It introduced the Indian economy to the world and vice versa. Technological advancements, quality goods, high-end services, foreign exchange, imports and exports gave a boost to GDP. In such a way India attained a reputation in Global market.

Although, this globalization is also seeking negative impacts now in 2020. Indian economy is creating an image of dependent on the global market for product and services. The revolution of Make in India is seeking rise to reduce the dependency on the foreign market.

Importance of economic environment

Indian Government values the importance of the economic environment. In the same way, Business tends to transparent the working process and output. Annual audits and reports to be made public and declare their share of profit to the economy. Almost, all annual company reports presented by the CEO of the Business sneaks the attention of economic environment.

Economic environment emphasis on the overall development of the economy along with the upliftment of business enterprises. The framework of operation standardized the level of every sector of the economy. From lower-level employee to BOD of an organization gets involved in this framework. The economic environment process normal keeping in minds all sectors of fields.

The economic environment is the skeleton support of Business enterprises of the Indian economy. The economic environment provides operational support and delegates with the required facilities to business organisations.

It facilitates the free flow of goods and services along the national and international borders. It introduces the very fine and super-fast technology. The overall development of an economy relies on the economic environment provided by the nation.

What Is your perception of the economic environment?

Do you know Importance of Management? Business Studies Insights ( class 12th )

noreply@blogger.com (Ms.guide) — Sat, 11 Jul 2020 14:43:00 +0000

Learn Management

Management comes with practice. It is not an overnight Art. Management comes with acquiring, practising and upgrading the skills to survive the battlefield. Management binds the series of activities into a row of series and archives the targeted objectives, with the time. Management offers a set of function, which facilitates the organisation to work within a given framework.

Management can be seen as the pathway towards the achievement of the desired result. Organisations work as a team effectively and efficiently with the utmost customer satisfaction.CEO's of firms are dedicated towards the management of their, organisation. It is must to always keep an eye on the operations and executed management. And, if requirements change and upgrade the plans accordingly.

Clear the concept of Management in our recent post. And, let's move ahead for Objectives, Nature and Importance of Management.

Management articulates various principles, theories, objectives derives through analysis and intersection of many economists, leader and Managers of time.

Objectives of Management

Every activity has its own aim behind. Management is a whole set of thousand of activity has really massive objectives. Objectives might be different for different organisations, but the category of objective will always be there in companies.

As rightly said, " an arrow set without a target is a waste of energy". Similarly, performing management activities without a pre-decided goal is not worthy of anything. Let's turn the conversation into the key points of management.

They are categorised as follows.

Organisational Objectives
Social objectives
And, Personal Objectives

Organisational Objectives;

when an organisation is setting up the Management team. It's legit they have their objectives to be achieved in the result of management establishment. In other words, management is responsible to fulfill the objectives of the company. No matter How small and massive an organisation is, they follow almost the same objectives

Keeping in mind the interests of BOD, Stakeholders, Employees, Government And Customer requirement. Above all organisation tries to utilise resources fully and to minimise losses to achieve maximum possible output.

Biggest objectives are

survival,
profit
and growth respectively.

Survival; is the biggest competition in the world of cut-throat competition. If a firm survives market dynamics, it crosses the first obstacle of its long-run journey. To achieve, actualise and grow survival is primary. E.g, if you want to ace the exam, you have to attend classes, lectures pass the test to sit in the examination hall that's called survival.

NCERT quotes "Management must strive continuously to ensure the survival of the organisation. In order to survive, an organisation must earn enough to cover costs of survival".

Profit; comes when an organisation crosses its revenue above the survival cost. Meanwhile, survival is not the only requirement and objective of an organisation. Profit fuels the management to work with double enthusiasm to attain another level of revenues.

NCERT quotes" Profit is essential for governing costs and risk of the business."

Growth; for the continuous survival in the market. To stay in the race in the long run business seeks to add ons in the prospectus of organization. It is the best achievement for a business to add pages to its prospectus annually. Growth signifies the attainment of the above objectives by the management.

NCERT quotes " Growth of a business can be measured in terms of sales volume, increase in the number of employees, the number of product or capital investment."

Social Objectives;

involves the upliftment of society along with the growth of development of business. When an organisation cross the part of survival. It is the duty of Management to uplift the social environment with them. Being a part of society, it becomes their duty to accomplish social objectives as well. This includes using environmental friendly methods of production, giving employment to the disadvantaged section of society.

ITC and AMUL is an example to learn how significantly, they uplift society along with their own.

Personal Objectives;

Organisations have employees as an integral part of their development. From one to millions they give their maximum efforts to achieve the organisational goals. Management can never neglect the needs and development of their employees if done so the result will be impacted.

Fulfilment of financial needs i.e, salaries, wages, perks, incentives etc.

Comfortable and safe working environment for female; employees Social needs such as appreciation, promotion, recognition and consultation in decision making boost the morale of staff. This connects employer to employee and improves the results for the business.

Conclusion

Management, as a system, is not only an essential element of an organized society but also an integral part of life when we talk about managing our lives. Managing life is not much different from managing an organization and this ‘art’ of management has been with us from time immemorial. Just as a well-managed life is much better organized, goal-oriented, and successful, ‘good’ management of an organization makes the difference between the success and the failure of the organization.

CBSE cuts down syllabus from class 9th to 12th amid COVID 19

noreply@blogger.com (Ms.guide) — Tue, 07 Jul 2020 13:14:00 +0000

CBSE ( central board of secondary education) has issued new guideline regarding the syllabus of secondary and higher secondary classes. The newly revised list of the syllabus has been updated on the official site of CBSE. Following this NCERT affiliated Schools 22 states for the session 2020-21deleted courses by 30 %.

What CBSE Stated?

The Central Board of Secondary Education (CBSE) has updated the educational program of Classes 9 to 12, lessening the remaining task at hand of understudies. The CBSE has "defended" the syllabus, decreasing up to 30% of the substance however holding the "core concepts", the human asset improvement minister, Ramesh Pokhriyal 'Nishank' reported on Tuesday.

The choice to update the educational program is because of the spread of COVID-19 pandemic in the nation, there has been lost homeroom instructing because of the conclusion of schools. "Subsequently the Board has chosen to overhaul the prospectuses for classes IX-XII for the scholarly meeting 2020-21. Thinking about the significance of accomplishing the degree of learning, the syllabus has been justified to the degree conceivable by holding the core concepts," says around gave by CBSE executive (scholastics), Joseph Emmanuel.

REVISED Syllabus for 2020-21

CBSE issued a well-defined format in pdf forms to facilitate students all over the nation.

Click on this link below for detailed pdf syllabus

http://www.cbseacademic.nic.in/Revisedcurriculum_2021.html

"The prevailing pandemic in the country and at different parts of the world the spread of the COVID-19 pandemic has resulted in the loss of classroom teaching due to the closure of schools. Therefore CBSE has decided to revise the syllabi for Classes 9 to 12 for the academic session 2020-21," said the notification.

A month ago, the HRD minister had said that the central government is mulling over the alternative of decreasing the syllabus and instructional hours for the coming scholastic year. He asked all educators, academicians and educationists to share their perspectives on this issue on MHRD's or his own Twitter handle and on Facebook.

Keep In touch, Keep Update!!!

Features of Management : Business Studies Class 12 notes

noreply@blogger.com (Ms.guide) — Sun, 05 Jul 2020 15:29:00 +0000

Management is a continuous process. And, all the efforts of management has a single preview of achieving goals. The biased output is the result of ineffective management. Hence, it's vital to understand the key points of management.

At the end of this article, you will be able to understand the features of management. Also, read the concept of management for crystal clear understanding of management.

Features of Management

Management has some vital key points to know about. Your exam will ask you for features and your mind will ask for aspects. Let's clear them in a stroke.

1. Management is Pervasive

The term pervasive defined as universal. Hence, these states management is a pervasive process. The activities of management are common and take place in every organisation in the world.No matter what type of organisation it is, no matter where the organisation is located.

e.g An school located in somewhere in America is also doing activities of management the same as in your country. And many others are following the same.

2. Management is a continuous process

As I have stated in my first lien itself. Management never stops, it consists of a series of activities which repeat themselves. It includes planning, organising, directing, staffing and controlling. Managers simultaneously perform their functions. The task of manger consists of an ongoing series of functions.

3. Management is Multi-Dimensional

Management needs to be done very cautiously buy managers. As it is the backbone of an organisation.

Management has three key dimensions to be managed equally. i.e,

(a) Management of work

Management of the work assigned to the sectors of the organization is essential for smooth regulation of a firm. NCERT quoted "This is done in terms of the problem to be solved, plans to be executed, budgets to be prepared, responsibilities to be assigned and authority to be delegated."

(b) Management of people

Human resource is the greatest asset to be managed. As a human is the one who accomplishes everything. Delegating, assigning, controlling of human resource is all management of peoples stands for.

(c) Management of operation

Now managing the work taking place is also required. every organization has its own operation for which the firm operates. Operations are soul reorganization hence, to be managed effectively.

4. Management is Goal Oriented process

Management in an organisation works with a view to achieving the ultimate goal of the organisation. Altogether the team works towards the achievement of desired group goal. Managers makes strategies, plans and operate in order to achieve goals with utmost satisfaction keeping an eye on efficient and effective work.

5. Management is a Dynamic process

The term dynamic is used for adapting nature. The management of any organization must be adaptable in nature to adapt to the changes in the outside environment to make management effective and market-ready.

NCERT quoted "An organisation interacts with external environment which consists of various social, economical and political factors.: And, flexibility makes them get them survival in the market.

6. Management is Intangible force

Intangible describes the unseen presence just like the feeling of love The thing we can't touch or see but can be felt. Management is an intangible force that cannot be seen but its presence can be felt and results could be analysed through output.

NCERT quoted "The effect of management noticed when an organization achieves its targeted goals according to plans, and employees are happy and satisfied without any chaos."

Tip Of The Day

Trick to learn them easily.

To make it even easier to understand let's create a code to remember the points.

PCMGDI

Now you have code. Let's decode and see how in minimum efforts you can store the theory.

Management is P = Pervasive

Management is C= Continous

Management is M= Multi-Dimensional

Management is G =Goal-oriented & Group activity

Management is D=Dynamic

Management is I= Intangible

It might look weird but, trust me this works magically. Try it and thanks me later. You will get a thousand notes but this is a trick session.

Do you know Concept of Management ? Business Studies NCERT class 12

noreply@blogger.com (Ms.guide) — Fri, 03 Jul 2020 14:50:00 +0000

Management is not a new term for you, but this time it is deep to understand. You must have heard about management before, yet commerce has a separate world for management.

We are here to clear the concept of management. Management at first describes itself, as the term defines" to Manage". To manage what? Manage anything a home, an office, a school or a multinational organisation and so on.

Concept of Management

Management is getting things done with the help of others.

Let's take an example your mom manages your home. She prepares food, does laundry, teaches you, greets guests, goes to the market to get things to regulate the house needs.

In the whole process, she sometimes takes the help of your dad, says you to help take hands of your other sibling. And does her work on time.

This is an example of perfect management.

Doing a series of continuous activities or functions to achieve a pre-set target while taking the help of others.

Hence, take your home as the best example of management. And, gear up for the concept of management.

Management definition

It can be written as

"Management is the creation of an internal environment in which individual working in a group with a dedicated work field, with effective and efficient mindest for the attainment of group goal."📈

"Management is an art of getting things done together with the view of achieving a common group or organizational goal."📈

"Management is defined as the process of planning, organising, actualising and controlling an organisations' operations to achieve coordination and accomplishing the organisational goals."📈

NCERT quoted "People in an organization perform diverse tasks but they all work towards the same goal. Management aims at guiding their efforts towards achieving a common objective. And for the achievement of a goal, the work should be done efficiently and with full effectiveness"

When analyzing the definition, it's every single word defines the essence of management. Management is a long term process. Moreover, understanding the concept of management could be easy if you just go through definition quite a few times.

Points of management definition

Management consist of a process you will learn further in your journey i.e, planning, organising, staffing, directing and controlling. ( you will meet them ahead in your curriculum )

( Effective: The term effective defines to finish the assigned work. Finishing up the tasks in business terms called as effective. But, just finishing tasks is not only the demand for management. The work must be equally efficient.

Efficient: Being efficient is to finish work correctly as given and with minimum cost. And the only efficient is not sufficient.)

effective and efficient are two sides of a coin they work together amazingly.

Results are the effectiveness of Management

The ultimate output of a firm, institution or anything is the result of management. Holding management is the backbone of planning. Effective management has the potential to achieve the desired goal. Management has the power to get targets to achieve for real.

Once in life until now, you must have organised something. A college fest, any event or even a house party.

What we begin with is to figure out who to invite, what about finances or funds, things to make available, scheduling for guests, peoples who will work with you to make this happen.

Just analyze any of that event you organized or you took charge of. The journey from the beginning of that event to make it reach to end is management.

Now, if we take it to a big picture incase of MNC's this process is never-ending. In cooperates, managements start with the company and ends when the firm gets dissolved.

Wrap up for the day!!!

This much is enough for your concept of management. Further will be discussions on management. When studying management keep in mind. Management is not a theory you don't have to memories it. You live it, business is to live and learn practically around you. It is never in books you can read from books but derive from the environment.

Do let me know the queries and reviews, either comment or mail. We are all ears !!!

How to do effortless note making

noreply@blogger.com (Ms.guide) — Tue, 30 Jun 2020 16:05:00 +0000

Note making is something that's not so interesting. And, when it comes to writing theories for learning your syllabus, it's even boring.

But, hey !! what If I say, you can make it interesting and effortless. So, first, find an answer to this.

Why we do note-making?

We do this to remember our learning, to keep intact the knowledge we have gained during those really long lectures.

Note making is part of our language writing as well. When I was in school, I found students struggling and getting frustrated out of not able to make comprehensive notes. On the other hand, note-making wasn't tough for me.

So, without letting you get bored out of stuff. Let's head into the note-making process.

Know the context

Keep your concept crystal clear for once.

First, keep your concept clear about the context. Read from sources and transform this knowledge into a one-paragraph summary. This summary should not contain unnecessary stuff, as we are not writing to stuff examination sheets.

For example

Personality development

Personality development refers to the representation yourself, in front of your audience. It reflects your efficiency and tendency to whom the individual is coordinating. It is not an inbuilt art which can be acquired by constant efforts towards improvising your inner-self in order to enhance your outer self.

Write what can make you revive all your concept when you revise your notes.

Subheadings are saviours

A subheading should consist of the body of your paragraph. When it strikes again to your eyes, it should be able to recall the gist of the context. Let's see an example

Be Confident: define the context in two-three lines with valuable words.
Improve Your Communication Skills: define the context in two-three lines with valuable words.
Dress Up Well: same define well....and so on

Headings can make you win the race. They revive the context.

Stuff your notes with valuable vocabulary

Remember vocab impacts your readers. The more efficient you write the more impactful your score would be. Stuff your note-making with vocab you want to use when you write them into your exam sheets. It can make you stand out and score outstanding.

Keep the free advises in your pocket.

Wrap up with All important one-liners

Make a conclusion and make it worth it. Your revision and one-liner statement which is quoted by someone, mention them in conclusion or footnotes. Theses one-liners are to include while describing your topic.

The quoted text makes your answer writing reliable and impactful for gaining score.

Here, I am attaching a format of note-making, in conclusion, to give an outline for your note-making. And, remember it is for your own revision, a trick to pack your knowledge into minimum words.

And you are done for your own introspection. Note making is a one-time investment you do it once. Revisit it whenever in a hurry or heading for exams. You can apply it even for other things in order to remember

Any suggestion? drop a mail or comment below. I would love to hear from you.

6 Things you don't Know about Commerce Subject

noreply@blogger.com (Ms.guide) — Thu, 18 Jun 2020 04:11:00 +0000

You just wrote your last High School Exam and next big deal is to choose a stream. Commerce subject is one of them. I know some of you might have some preset minds and some of are in dilemma. I also went through the same phase.

So, here I can help you with that. For those who are in a dilemma for commerce subject. Well, a pro can help you out to know the facts of commerce. When you will get to know it deeply. Go one with your instincts and interests obviously.

I am gonna tell you some interesting facts nobody will tell you about the commerce subject. Every subject has it's own qualities so as to commerce. So without any further delay let's know commerce.

1. Co-related Subjects

Commerce is a field you have subjects that are interlinked. You learn one you will get concepts of other subjects as well. When studied together commerce becomes one. The Accountancy, Economics and Business Studies are whole as a one.

You can say it cool when you can summarise it into one.

2. Future Makers

Commerce is not a subject, It's a lifestyle. As Science takes you to another world, Commerce makes you understand your world even better. The sharpness of corporates is all about Commerce. It's all about making goal-oriented future plans. A pro knows how to do it.

Business goal-oriented meetings

Commerce generates Professionalism.

3. Job Providers

When you Study Commerce do believe you have the capability of providing employment. Above all, mainstream commerce is all about employment generation. So, if you wanna be a job provider, you are welcome.

rush for jobs

Giving is always better than taking.

4. Professional Lifestyle

Commerce teaches you how to take your professionalism on the mark. Commerce recreates your personality and you will feel the professionalism changes in your communication personality as you go deep in it.

The pro game

Isn't it cool a subject is improvising your knowledge with professionalism.

5. Highly acknowledged subject

I noticed it since my school days. People do criticize commerce and devalue the commerce stream. In result, aspirant hesitates sometimes before choosing commerce. But this discussion has absolutely no base.

You admire the management tricks and professionalism or dealing with finances and economy-related issue.

Commerce subjects teach you to survive the market. And, if you know this you can never be down.

In that case, commerce has way more classy and high-level scope.

6. Dealing with Finances

Dealing with figures, finances, economical issues, how a business operates, how stock markets run was always my fascination. They fields appeal to get to know them more deeply. Everything is full of a business mind, corporate meetings, leading team reaching to a goal is all commerce offers.

infographics

The fascination with finances and corporate can take your heart away.

Conclusion

In a nutshell, if you are willing to choose commerce as your mainstream subject make sure you should be feeling intriguing about knowing the concept of finances, how the economy runs at a macro level, the accountancy must be your love. And, when you scroll up you get to know the interesting aspects of being in the commerce community.

I have much wider views on this but slow and steady wins.

You must reveal your interests in commerce. And then I will share you in more professional ways to handle it with ease. Commerce is all about evolving yourself as an entrepreneur.

Do follow my stream proudly, will tell you more interesting aspects, and will make commerce and your school education ready for you.

Do you have any point of view regarding commerce subjects?

Do share your views in the comment section below.

Here is how E-Learning is affecting Children

noreply@blogger.com (Ms.guide) — Sat, 06 Jun 2020 15:59:00 +0000

The Idea

The main context of E-Learning is to provide education to the students sitting across the border from a single place. E-Learning is a new way to grab knowledge when you are far away from that place. Although, the concept is not exclusive to society. But, this scenario is getting heat these days due to the spread of the pandemic.

While staying away from institutions knowledge seekers are getting the education through E-Learning. It was a way of learning for those who have lack of time and cannot attend the classes from their stiff schedule. Here is a new aspect observed in this process of educating through E-Learning.

The current scenario

E-Learning became a new way to educate seekers/students. It is observed across the world. Educational Institutions are shifting their classrooms online as per the situations. Education must not face hindrances due to pandemic. Here a question arose, how efficient is this E-Learning process?

The analysis of E-Learning

The idea of e-Learning is no doubt a fabulous way to provide knowledge for seekers of knowledge. Meanwhile, everything comes with pros and cons package. Online education has its importance in the development of human beings. Hence, it also shares its shortcomings which need to take in attention.

Attention Parents!!!

The shortcomings of E-Learning’s are specifically more for children as I noticed. The more I observed were in favour of children taking their classes through E-Learning. Let's have a quick eye over them.

Personal Interrogation: Taking online classes detaches students from a teacher. There is almost no way to interrogate child personally.
Lack of discipline: Education is a package of teaching every aspect of life and E-Learning detaches this root as all is in their comfort zone.
Social development: Being aware of how to treat and manage people around you is a thing we can learn when we interact with them. Hence, E-Learning doesn't give that space.
The Brain thing: Getting knowledge with the help of gadget technology creates stress in the growing years of the child. It hindrance body development.
Extra-Curricular Activities: Schools and education not just about reading and writing it's about the overall development. And hence, E-Learning fails here.

Conclusion

Wrapping up this conversation on a note that E-Learning is neither purely a boon nor entirely a bane. It is a technique which can be used when you have no option left to gather knowledge. And, specifically in the case of children. Be cautious, it is not the right way of learning. Learning is a multidimensional process, where you cannot attain being locked down in a room in front of your computer screen. Think wisely, and choose what is best for you and being a parent choose it for your seeds. Nourish them smartly.

Have a thoughtful day!!! AND, BE CAREFUL WHAT ARE YOU GIVING TO YOUR SEEDS

What we should learn from the Pandemic

noreply@blogger.com (Ms.guide) — Wed, 27 May 2020 16:23:00 +0000

I believe that everything which comes to your way has a motive behind. You can also analyse this from your life incidents. And, I can assume that you agree from the fact I stated before. We face issues related to our lives and something impacts our personal life. This time the situation is not the same. The problem we have been through and still going is global. Each one of us is getting impacted through this in their way. Now when we came across the middle of this pandemic. Let's take a moment and analyse what changes it brought to your life with time. And, most importantly what lessons you should take from this time. This pandemic has given you lifelong lessons. Let's have a look.

Importance of hygiene

I am not saying you do not keep hygiene. But, this pandemic made us all realise what role hygiene plays in our daily lives. The intrinsic habit of hygiene is becoming viable now. Hygiene is the key to stay alive in this crucial phase and it always will be.

Hygiene should be lifelong now.

Financial Independence is vital

Locked down in the home, not going to work leading to financial crises. While some are working from home, some are not getting paid and many of us lost our jobs. This situation depicts we need to be financially independent. I know saying is an easy task. But, this is a lesson to take.

Always keep yourself ready financially top face the cash crunch by having multiple sources of income.

Power of Technology

Power of technology is what we realised through this pandemic. The work which we used to accomplish by gathering together is now taking action online. The E-learning made students study uninterruptedly. Video conferencing made all tiers even governments and nations to interact smoothly.

Hence, technology is way smarter and helpful beyond scrolling and chatting.Us wisely.

Importance of Freedom

We have never thought before that anyone could stop you from going malls, eating in restaurants, travelling around. But, now we have realised the value of freedom. Remember, nothing in this world is free.

Next, when you will get permission to hang around, goof up and walk with freedom.

Do appreciate the value you paid for this freedom.

Family Importance

This pandemic made peoples closer to their family. People left with no choice except talking to them spending time with them. This bridged a new ambience of togetherness. Now you know your family better than before.

Give time to your families even after lockdown.

Skills development

Pandemic impacted peoples mind in a fantastic way. Each one of us generated interest and tried to learn something new and restarted old creativity. Utilising the time, many of us got the motives of life from nowhere but itself.

Do self interrogate yourself time to time and keep adding values.

Wrapping up this conversation with the point that everything in this world comes with features and flaws. It is your perspective to take it as you want. Obviously, the pandemic has nothing good in it. It is just creating destruction around the globe. But, taking the best from worst is also an art. So, be artistic always.

Keep the positivity intact and don't let the dark enter into your minds!!!

Lockdown 4.0: How nation will Operate

noreply@blogger.com (Ms.guide) — Sat, 16 May 2020 16:20:00 +0000

Prime Minister announced the onset of Lockdown phase 4.0 with certain new frameworks. Hence, prime minister asked States to give advice on what Lockdown 4.0 should consist of. As, the economy is already divided into three major zones i.e, Red, Green, Orange and in addition Containment Zone.

In a meeting, with the chief ministers of states this week. Majorly, states suggested resuming delivery services with some added precautions. Whereas, containment zones should continue to be in strict lockdown. States like Andhra Pradesh, Karnataka, Kerala, Gujarat and Delhi have suggested resuming all economies in non-containment zones. However, to bring the economy back in regulation the workflow chain should be maintained again. As due to the lockdown Indian economy is going through the crucial phase. It is the time to bring the nation again in transition but, obviously gradually.

States like Bihar, Uttar Pradesh, Jharkhand and Odisha form where majorly labour sections hail from. Migrants are still moving due to lack of resources. Therefore they decided to extend lockdown keeping in mind the seriousness. It's substantial to release some restrictions to relieve stress from the nation. States urges PM Modi to extend lockdown along with relaxation in norms.

Things to take in concern for Lockdown 4.0

Majorly states are looking ahead to remove restrictions from the E-commerce sector.
The construction sector seems to become flexible to provide labourers employment and to break the chain of migrants.
Only special trains are running for migrants. Hence, regular train’s services seem to remain closed.
Domestic flights are still in between. And, international flights are not in favour of any State.
Regarding the inter-state movement, states have a mixed response and called for measures to ensure strict monitoring.

With every relaxation, there are measures to be taken in care to accomplish work.
Public transport could be on wheels again with some really strict rules.
CM Kejriwal suggested that private offices should be allowed to open at 50 per cent capacity.
Using electronic measures as much as possible to accomplish tasks along with minimal contact.
Rapid screening, Essential rules for Offices, Offices with 50% staff, Transport with fewer Passengers etc. are the measures prescribed by States.

The official announcement of lockdown phase 4.0 is just one day far. The possible outcomes are as mentioned and these are the only ways to resume services with calculated risk. Many nations have initiated their journey to resume economical activities while the following measure. Countries like Germany, Moscow, Britain etc have started their hotels, parks, public places, and offices. With all the measures taken strictly.
India has to follow restrictions strictly to bring wheels back on track. Hope you get it!!!

Highlights of 20 lakh crore Arthik Package ( For MSMEs )

noreply@blogger.com (Ms.guide) — Fri, 15 May 2020 16:02:00 +0000

Prime Minister Narendra Modi in his recent address to the nation unleashed an economic package for the upliftment of Indian Economy. Our nation has a tendency to set itself as a fully independent nation. Hence, prime minister awarded nation with a massive package of 20 lakh crore, it includes every bit of Indian economy. Economists say that this arthik package will be effective to aid the economy fight against the losses caused by the pandemic.

Finance Minister Nirmala Sitaraman announced the detailed vision on the arthik package. Here are the key highlights of the arthik package which you might be in search of.

On Economic fallout

Finance Minister announces a three-month waiver on minimum balance in savings accounts
Debit cardholders who withdraw cash from any bank ATM can do it free of charge for the next three months: Nirmala Sitharaman
Economic package to aid those impacted by COVID-19 will be announced soon: FM Nirmala Sitharaman
The last date to file income tax returns for FY 2018-1 extended till June 30. For delayed payments interest rates reduced from 12% to 9%: FM Nirmala Sitharaman.
The interest rate on delayed deposit of TDS reduced: FM Nirmala Sitharaman
Aadhar Card-Pan Card linking last date extended to June 30: Nirmala Sitharaman
No extra 10% interest will be charged between now and June 30: Nirmala Sitharaman
Last date of filing GST returns for March, April and May 2020 has been extended to June 30: Nirmala Sitharaman
For companies that have less than 5 crore turnover, no interest, no late fee, no penalty will be charged. For bigger companies, late fee and penalty will be null and void but interest will be charged at a subsidised interest of 9%: Nirmala Sitharaman
Under Sabka Vishwas Yojana, people can now pay their dues till June 30, no extra interest will be charged from them: Nirmala Sitharaman
Customs clearance now an essential service, till June 30th, 2020 it will be working 24/7
For newly incorporated companies, additional time of 6 more months will be given to file the declaration of commencement of business
Mandatory requirement of holding board meetings is being relaxed by a period of 60 days, this relaxation is for the next two quarters: Nirmala Sitharaman
If the situation does not get better before April 30, we will consider suspending, Section 7, Section 9 and Section 10 of the IBC for a period of 6 months: Nirmala Sitharaman.
Insolvency & Bankruptcy Code default limit has been increased from Rs 1 lakh to Rs 1 crore: MoS Finance Anurag Thakur
Go to the bank only if absolutely necessary: Anurag Thakur
There shall not be any minimum balance requirement fee in bank accounts: Nirmala Sitharaman
I would like to say that every attention is being given to the economy. The PM himself is closely monitoring the situation. Multi-layered composition of the task force is already working: Nirmala Sitharaman.

The main focus point of this package is Land, Labour,Capital and Enterprises.
The key focus is to make India self-reliant in every aspect.
Farmers, MSMEs, labourers, unorganised workers are the pillars for the package.
5 pillars: The Economy Infrastructure,tech-driven systems, demography and demand
Set Indian brand to achieve the global level.

Announcements for MSMEs

Finance minister announced collateral-free loan worth 3 lakh crore to MSMEs sector of the economy of turnover of 100 crores.
The loans will follow tenure of 4 years and a 12-month moratorium to be given.
These will be 100% credit guaranteed and available till 31st October 2020.
Support towards months March, April, May already announced earlier as part of PM Garib Kalyan scheme; that scheme being extended for another three months (June-August).
This liquidity helps struggling NBFCs who need money to carry on with business and help MSMEs.
Definition of MSMEs being changed. Investment limit, which defined MSME, is being revised upwards.

The detailed blueprint will be in the following article. Atmnirbhar Bharat!!!

All you need to know about special trains running in Lockdown

noreply@blogger.com (Ms.guide) — Wed, 13 May 2020 11:47:00 +0000

Indian Central Government decided to start passenger trains again for the facilitation of citizens. There will be selected numbers of trains running as prescribed by government and Indian Railways. Now, just after the news came into headlines. People started searching for the details of the plan. How many trains will be running? What will be the procedures? Will it be safe? Is any train passing by the Railway station of their own city? Reservation process ...and so on.

Here are all the details you have been looking for along with the genuine references that you trust. These trains will be initiated to bring back life into regulation gradually. The very first special train after a break of 40 days lockdown has completed its journey started from Telangana for the destination Jharkhand. Almost 8000 passengers travelled on this special journey.

Railways provided guidelines only after following them you are allowed to travel as per safety concern. The danger of COVID-19 corona virus is still there.

Safety measures and Guidelines

Passengers have to reach 90 minutes before the time of Train departure for the screening. Medical team will complete medical screening and will ensure the health of passengers.
All the reservations will be done only by the official Indian Railways website. No agents bookings will be taken in consideration.

Book from here https://www.irctc.co.in/nget/train-search

Platform counters will not be opened. No counter booking will be provided even, platform tickets will not be issued on stations.

Passengers should cover their face from masks and all safety measures should be taken. Otherwise, passengers will not be allowed to travel.
Passengers are advised to follow social distancing strictly.
Food facility will be available inside the pantry of the train. No station food will be allowed. Food will be served with all protection measures.
Passengers are advised to bring their own blankets and clothes.
The fares will be equivalent to the Rajdhani Express.

List of 15 Special trains and routes

1. New Delhi to Dibrugarh - From Dibrugarh, the train will depart at 9.10 pm. and reach New Delhi at 10.15 am. On its return journey, it will depart from New Delhi at 4.45 pm and reach Dibrugarh at 7 am. The train will stop at Dimapur, Lumding, Guwahati, Kokrajhar, Mariani, New Jalpaiguri, Katihar, Barauni, Danapur, Prayagraj and Kanpur Central stations

2. New Delhi to Agartala- The train for Agartala will depart New Delhi at 7.50 pm on Wednesday and reach its destination at 1.30 pm. On its return journey, it will depart Agartala at 7 pm on Monday and reach New Delhi at 11.20 am. It will stop at Badarpur, Guwahati, Kokrajhar, New Jalpaiguri, Katihar, Barauni, Patliputra and Kanpur Central stations.

3. New Delhi to Howrah -Special train from New Delhi to Howrah will depart at 4.55 pm and stop at Asansol, Dhanbad, Gaya, Prayagraj and Kanpur central stations. The train will arrive at Howrah at 9.55 am, the next day. On the return journey, it will start from Howrah at 5.05 pm and reach Delhi at 10 am.

4. New Delhi to Patna -The train for Patna's Rajendra Nagar Terminus will start from New Delhi at 5.15 pm and reach its destination at 5.30 am. The train will have stoppages at Kanpur Central, Prayagraj, Deen Dayal Upadhyay and Patna stations. On its return journey, it will start from Rajendra Nagar Terminus at 7.20 pm and reach New Delhi at 7.40 am.

5. New Delhi to Bilaspur -The special train for Bilaspur will start from New Delhi at 4 pm on Tuesday and Saturday and reach there at 12 pm. On its return journey, it will depart Bilaspur at 2.40 pm on Monday and Thursday and reach New Delhi at 10.55 am. It will stop at Raipur, Nagpur, Bhopal and Jhansi stations.

6. New Delhi to Ranchi - For Ranchi, the train will leave New Delhi at 3.30 p.m. on Wednesday and Saturday and reach there at 10 a.m. On its return journey, it will start from Ranchi at 5.40 p.m. on Thursday and Sunday and reach New Delhi at 10.55 a.m.

7. New Delhi to Bhubaneswar- The train from New Delhi will depart at 5.05 pm and reach Bubhaneswar 5.25 pm. Similarly, it will depart from Bubhaneswar at 10 am and reach New Delhi at 10.45 am. It will stop at Balasor, Hijli, Tatanagar, Bokaro Steel City, Gaya, Pandit Deen Dayal Upadhyay and Kanpur Central stations.

8. New Delhi to Secunderabad -The train for Secunderabad will depart New Delhi at 4 pm on Sunday and reach the destination at 2 pm. On its return journey, it will depart from Secunderabad at 1.15 pm on Wednesday and reach New Delhi at 10.40 am. It will stop at Nagpur, Bhopal and Jhansi stations.

9. New Delhi to Bengaluru -The train from Bengaluru will depart at 8.30 p.m and reach New Delhi at 5.55 am. It will stop at Anantpur, Guntakal, Secunderabad, Nagpur, Panvel, Vadodara and Kota. On the return journey, it will start from New Delhi at 9.15 pm. and reach Benagluru at 6.40 am.

10. New Delhi to Chennai - Similarly, for Chennai, the train will leave New Delhi at 4 pm on Wednesday and Friday and reach there at 8.40 pm. On its return journey, it will leave Chennai at 6.35 am on Friday and Sunday and reach New Delhi at 10.30 am. It will stop at Vijaywada, Warangal, Nagpur, Bhopal, Jhansi and Agra stations.

11. New Delhi to Thiruvananthapuram -The train for Thiruvananthapuram will start from New Delhi at 11.25 a.m. on Tuesday, Wednesday and Sunday and reach there at 5.25 a.m. On its return journey, it will leave Thiruvananthpuram at 7.45 p.m. on Tuesday, Thursday and Friday and reach New Delhi at 12.40 p.m. The train will stop at Ernakulum, Kozhikode, Mangalore, Madgaon, Panvel, Vadodara and Kota stations.

12. New Delhi to Madgaon - The train for Madgaon from New Delhi will depart at 11.25 am on Friday and Saturday and reach there at 12.50 pm. Similarly, it will leave Madgaon at 10.30 am on Monday and Sunday and reach New Delhi at 12.40 pm. The train will have stoppages at Ratnagiri, Panvel, Surat, Vadodara and Kota Junction.

13. New Delhi to Mumbai Central -The special AC train from Mumbai Central will depart at 5.30 am and will reach New Delhi at 9.05 am next day. The train will stop at Surat, Vadodara, Ratlam and Kota. On its return journey, it will start from New Delhi at 4.55 pm and reach Mumbai Central at 8.45 am.

14. New Delhi to Ahmedabad- The special AC from Ahmedabad will depart at 6.20 pm and arrive at New Delhi station at 8 am. The train will have its stoppages at Palanpur, Abu Road, Jaipur and Gurugram. It will start from New Delhi at 8.25 pm and reach Ahmedabad at 10 am.

15. New Delhi to Jammu Tawi - For Jammu Tawi, the train will depart New Delhi at 9.10 pm and reach there at 5.45 am on the return journey, it will start from Jammu Tawi at 8.10 pm and reach New Delhi at 5 am. It will stop only at Ludhiana station. \

There will be 15 pairs of journeys going to take place which is 30 journeys altogether. Passengers are advised to go through IRCTC for further updates. And, keep tune in with Edustag. Stay Home Stay Safe!!!

How the Pandemic is Affecting Life of People

noreply@blogger.com (Ms.guide) — Fri, 01 May 2020 08:42:00 +0000

As we roll our eyes over the world we can easily identify the changes going on in lives on a global level. The outbreak of Corona Virus has left the world in threat. The corona virus outbreak made our lives completely unacceptable. It brought us the changes we were never expecting of. The world has never confronted this type of outbreak ever before. Nations are united by a fatal virus for the first time ever.The danger of being touched by an infected person was never this deadly. Generations confronted the pandemic of century, COVID 19 (corona virus) the planet is in front of an unseen fatal pandemic. Pandemics are large scale outbreaks of a fatal disease.

In Result, the entire planet is set to remain in quarantine. As, the virus is supposed to spread through touching. The humans are supposed to live in lock down to break the chain. Let’s move forward and have a look over the journey of this outbreak.

The epicenter

Everything takes its origin from some point over the earth. So as this virus, this all started from the country China. It took a boom in the city of Wuhan. It became the reason for thousands of deaths over China and millions globally. Including America, Germany, Italy, India its spread in over 80% of nations of the earth. It is destroying economies on economical, physical and in every possible way. Viruses traveled the way with the passengers of countries as the carrier of virus. WHO announced corona virus a pandemic as soon as they discovered the horrific spread of corona virus.

Global Precautions

World gets united when the global crisis arrives whether wars, attack or pandemic. And, this needs to be controlled by being together. The outbreak of the corona virus made the nations stand together and take some brutal decisions for citizens for their safeguards. Here, are the measures taken by countries:

Shutdown/Lock down/Quarantine:

Keeping distance is the biggest precaution as of now for being away from the reach of corona virus. Countries unitedly enforced the global lock down. People are advised to follow quarantine in order to keep their lives safe. The streets, markets, public places, schools, offices, malls every place where people used to gather are in shutdown. Peoples are locked down in their own houses. Governments even after knowing the fact that the lock down is a huge economical loss enforced it. As, saving lives is higher than any gains. Human capital is the biggest asset of any nation.

Maintaining Hygiene

Hygiene is another vital part of the precaution to stay away from the reach of corona virus. Virus resides in bodies, things, air effects by entering into your body and destructs the immune system. This is the simple way to know how it works. And, it is deadly as hell. Maintaining hygiene by keeping surrounding clean, washing hands time to time, sanitation keeps away the risk of being infected. A single infection could give rise to a chain.

This is why, social distancing is enforced by Governments.

Changes Lock down Brought in every life

Getting locked down in your own house seems like being in a cage. We aren’t allowed to roam around, hangout at your places, go to work, meet loved ones. Nothing usual is happening around, time seems like it has stopped somewhere. Every life is experiencing a never before situation. A usual routine where we used to go to the office, school or markets are no more.. Bounded in our own boundaries we just have access to the internet.

Some people are working from home. But, the work isn't the same anymore. The schedule word is not appearing anywhere.

Let’s take a moment of four months before, each one out of us was freaking busy with their work. And, was dying to have a long holiday. Now the tables got turned. No one ever supposed to get holidays like this. This global lock down gave us time to think upon ourselves.

People all over the globe are facing many circumstances..Some are in between ways stuck somewhere, some are away from their homes. Some are losing their jobs. Many of them are going through financial crises.

Some of us are going through a phase of depression. Few of them are looking over planning for upcoming things, polishing skills, gaining knowledge. Just a matter of perspective.

People are having their own perspective of taking this time.

The Savior ?

Internet and social media turned out as a savior in this crucial time of lock down. Along with a medium of passing time making this boring time entertaining internet turned out as the strongest power to regulate work. In this crucial time people are spending their major time over social media taking pros and cons of this.

People till the unlocking of streets could be addicted to their networks. As, if now no other option is there to pass the time but, this shouldn't be an addiction. Meanwhile, on the other hand the generations are getting a new way to regulate things. The classes, institutes, exams, offices and what not. Majorly Vital works are running over the internet for the feasibility of smooth running of nations. Hence, lock down doesn't stand for locking down studies, work, and creativity. And of course it doesn't stand for falling into depression.

Take the positives of circumstance and help your nation to fight back this pandemic equally, without getting biased. Keep the asset of human capital as worthy as it was always.

Conclusion

Corona virus is definitely a fatal condition for the world to face and a very crucial time to face. Let’s try not to fall into depression, try to be as productive as we were. It takes patience and courage to fight back against such a massive battle. Evolve as a community to interact with the world without physical interaction, which is definitely possible. While many of us who live in cities have Wi-Fi and high-speed internet available, people who live in rural areas do not, leading to a potential gap of information in times of crisis. The time is more crucial for them. The peoples who are facing starvation are also there. It needs unity to fight back.

Some industries are gaining fruits while some are going through significant losses. Daily wage workers are in crises, peoples are losing their jobs.

Despite the term and seriousness of COVID-19, it will leave a lasting effect on our general public.