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For development to be sustainable, it has to start from the roots: Jane Schukoske, CEO, Sehgal Foundation
– Nishtha & Rukma Singh of NewsGram
The Sehgal foundation designs and promotes rural development interventions that create opportunities, build resilience and provide solutions to some of the most pressing challenges in India’s poorest communities. With ample recognition of the need of good governance, the foundation is bound by values of integrity, professionalism, and optimism.
In an interview with Newsgram, Jane Schukoske, CEO, Sehgal foundation, tells us about the working of this organization and its future goals.
NG: Sehgal foundation was formed in 1999. What was the basic aim behind the establishment of an organization working for sustainable development?
JS: The Sehgals had made their mark in hybrid seeds. Their interest in rural India came from their agriculture background. Also, Dr Sehgal was from unified India. After partition, his family moved to India and he was raised here until he went to the United States for graduation. Basically, from the beginning, they have wanted to support community led rural development. They understood that if development had to be sustainable, it needed to start from the roots, i.e. from the level of the community. The goal is to have social, economic and environmental positive change in the rural India.
NG: When you interact with the rural public during your various field visits, do you see an improper implementation of governmental policies?
JS: There is a pressing need for governance to work properly. We have a good governance programme which has two parts to it. One is working with Panchayats ; village nutrition and health committees, school management committees, etc. We help the members of these committees develop some of the required skills, design a proper layout for implementation and design a budget so as to effectively access funds from the government.
On the other side, we work with citizens. If citizens know how to constructively raise demands and channel their demands to the right departments, it will help the government to work in a better manner because it will know that its activities are under spotlight.
NG: How was the initial response towards the projects that you started, both, in terms of public participation and administrative procedures?
JS: In the early years, the organization gave a lot of time into finding its feet and building its reputation in the community. One thing that it did was to allocate adequate money to the villages, so that people would understand the sincerity of the organization. We wanted them to look at us as a group that will work with them and not as just another organization looking for grants.
NG: Do you want the rural India to get empowered in such a fashion that they can further govern themselves and become self reliable?
JS: Yes. Empowerment and community leadership are an essential part of our vision. We need to encourage these to ensure future sustainability, because after the brief period of time that we work for in these areas, people should have the knowledge of how to take things on from where we leave.
NG: Do you plan to venture out somewhere in the apathetic conditions of government schools of these areas, especially when it comes to gender based health and sanitation problems?
JS: Yes. Our water management programme also focuses on providing access to clean water to school students in these areas. Rainwater harvesting systems for schools, when coupled with a bio-sand filtering procedure has been believed to be very helpful. In addition, there are other kinds of innovative systems that we are looking to employ, and that we already have begun with. Sea saw pumps are an example of the same. When children play on the sea saw, the pumping mechanism is triggered by their action and then the pumped water is used for the toilets.
What we found was that there were a lot of toilet blocks that had been made, but they weren’t functional because of the lack of water. We are responding to those kinds of needs. Some of our donors are interested in school infrastructure improvement and we have facilitated that. But our own focus has been to allocate as much money as possible to encourage the presence of adequate drinking water in schools as well as sanitation facilities.
NG: Many corporates indulge in Corporate Social Responsibility (CSR). Do you think these organizations work for the greater good of mankind and not just the enhancement of their own image?
JS: I think it’s really important to have stakeholder partnerships to get anywhere. Fortunately, we work with corporations that are really serious about the kind of work they do. It’s really wonderful to see the bright eyed employees feeling good about their contributions to the world. So, our experience with corporate has been very good. You get to deal with people in corporations who have values and who are not just processing papers, they want to make a difference.
NG: We are well aware of the kind of treatment meted out to women in the rural areas. Is that why women empowerment has been a strong part of each and every programme that your foundation has built?
JS: Yes. We actually have a gender policy that causes us to look at everything we do in terms of gender. It is so easy to interpret things written in neutral terms, as pertaining to men. Hence, this gender policy helps us understand how we can feature women, involve women, and bring their issues out in the open in a better manner.
NG: What’s next for the Sehgal Foundation?
JS: In 2011, we were in 17 villages. We methodically planned our expansion. Through the good governance programme, we expanded to virtually all of Mewat, Haryana. Then, through agriculture and water, we entered Rajasthan. The newest addition is Samastipur, Bihar, where again the focus is on agriculture. We are in talks with our CSR partners about expansion by two means. One, by re-scoping areas to see what would be appropriate to work on, in terms of the interests and needs of people. We’ll be able to attract donors based on these, like in the case of Mewat.
Second, by having prospective donors express interest in a particular area and seeing if it’s feasible for us.
One thing that we have realized is that in areas where we don’t work, we can still train people. Swadesh foundation in Maharashtra, a huge team that works in a lot of areas, asked us to train their team about the governance activities that we do. We sent some people to train them. For further help, we encouraged one of our employees who worked in Mewat, to go to Maharashtra. He went and stayed there for two months, and guided them along as they went ahead with the implementation of their governance schemes.
So, training and associations with other NGOs with the same perspectives are two things we’d always continue to do.
By- Blogger Indifi
EMI is known as equated monthly installments. It is a fixed payment made by the borrower each month to repay the loan amount. The EMI is divided into two loan components. One is the principal amount, and the second is the interest amount. Whether you are applying for a personal loan, business loan, home loan, car loan, or education loan, EMIs are easy to calculate using the EMI loan calculator.
Three parameters based on which EMI calculator works:
- Loan amount.
- Repayment tenure.
- Rate of interest (offered by the lender).
Factors that affect the Loan EMIs
Above, we have discussed the main parameters on which loan EMI is based. Here are the factors that affect the EMIs.
Changes in the loan interest rate: There are three loan interest rates -- fixed, floating, and hybrid.
When an interest rate offered on a loan is fixed, in that scenario, there are no changes in the EMIs.
A floating interest rate is linked to the marginal cost of the fund-based lending rate and can change the loan EMIs. As the rate is flexible, it keeps changing per the repo rate.
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If you have taken the loan on a hybrid interest rate, the interest rate is fixed only for a particular tenure. After that, it is on MCLR to decide the interest rate, and based on the determined interest rate, the EMI changes.
Tenure: When you opt for a loan transfer from one lender to another, there may be a possibility of change in the loan tenure. It will also bring changes in the EMI calculations. If the tenure increases, it will decrease the EMI. In case the tenure is reduced, EMI will increase.
Sample loan chart of a business company Image source: wikimedia commons
The loan amount of repayment is also a reason that affects a loan's EMI. If you make a loan prepayment, it reduces the outstanding principal amount, based on which the EMI amount or tenure is changed.
Benefits of using an online EMI calculator:
- Find out exact EMIs to be paid monthly for any loan.
- Saves time.
- Get a detailed overview of loans applied using the amortization schedule.
- Plan your monthly finances well in advance.
You can set multiple schedules and loan tenures. After a detailed schedule comparison, choose the one that suits well with your financial requirements.
Significance of loan amortization schedule in EMI calculator
A loan amortization schedule data shows the EMI break-ups. It shows how much EMI you need to pay for interest and what you will pay as the principal amount. It is one of the most significant advantages of using the EMI calculator. The EMIs that you pay as principal will keep reducing the loan's principal amount. It will also result in decreasing the interest amount. You will get to know all these things when you use the EMI loan calculator frequently. The amortization schedule is one of the essential features of an EMI loan calculator that helps design the proper prepayment schedule.
The different types of EMI calculators
Home loan EMI calculator
Home loans are one of the most popular and common loans applied for in India. It has a long tenure and a sizable principal amount. Whenever you apply for a home loan, it is essential to do all the EMI calculations in advance. There are various home loan EMI calculators available online with every home loan provider. All that is required to calculate the EMI is the loan amount, tenure, and interest rate. Using a home loan EMI calculator can help you easily plan your finances.
Business loan EMI calculator
Like home loans, business loans also come with a massive principal amount and longer tenures. So, using the business loan online EMI calculator is a smart way to calculate the business loan EMIs. Requirements are the essential loan details, such as repayment tenure, interest rate, and the loan amount. Online, equated monthly installment is automatically calculated at the lender's website.
Personal loan EMI Calculator
Personal loans are multipurpose. It is the reason they are considered as the most applied loan to meet immediate financial requirements. For choosing the right loan amount, you must use the personal loan EMI calculator. It will help you to choose the best interest rate loan offer and tenure. Try to go with the shorter term to pay less interest on the principal amount.
Sample of External Loan amounts Image source: wikimedia commons
Education loan EMI calculator
Education costs increase each year and can cause financial strains on a family. If you are planning to send your child overseas for higher education by applying for an education loan, at that time, the EMI calculator proves to be the best online financial tool. It will help you to decide the right EMI amount where your daily expenses remain unaffected.
Simple interest loan EMI calculator
An EMI calculator is used to calculate the simple interest applicable on the loan amount for a specified tenure. It is one of the most accessible financial tools. All that is required is tenure, a simple interest rate, and the borrowed amount. After that, click on 'calculate' to know the exact EMI to be paid.
Loan against property EMI calculator
If you have any residential or commercial property registered in your name, you can apply for a loan against the property. It is a kind of secured loan, where the property is kept as collateral. To understand how EMI works under this loan scheme, use the loan against the property EMI calculator.
Overall, EMI loan calculators are one of the best financial tools to compare varied loan offers. It provides a clear picture of the total cost of the loan and respective EMIs to be paid monthly. Online EMI calculators are available on every lender's website; whether you are applying for a business loan online, home loan, car loan, personal loan, or any other loan, using the online EMI calculator can help. Just with a click of a mouse, you can keep control of your financial life.
The online EMI loan calculator has been programmed with the formula based on the loan applied. There is no need to worry about the accuracy of the result. All that you are required to share for the calculator to do its job accurately is the right amount, tenure, and interest rate offered by the lender.
Disclaimer: (This article is sponsored and include some commercial links)
The symbol of Swastika is known to signify peace, prosperity, and good fortune in the religious cultures of Eurasia. In fact, this symbol is considered very significant in Hinduism, Buddhism, and Jainism. But, at the same time, it has become one of the most misunderstood religious symbols and has been globally banned in many countries.
The reason why the symbol of Swastika is banned in many countries is because of its association with Adolf Hitler's extreme political ideology, Nazism, as Swastika as its official symbol.
Austria, France, Latvia, Spain, Germany, and Russia are amongst the many countries that have banned the display and use of the Swastika.
Moreover, last week Victoria in Australia is preparing to become the first-ever state to ban the public display of the Swastika. This is a step towards an expansion of anti-vilification laws in the state.
Representation of the Swastika on the flag of Adolf Hitler's Nazi Movement.Photo by Flickr.
Now, we must know and understand what went wrong with this symbol, which is sacred and signifies all-good things.
For a very, very long time, in India, the Swastika is the first emblem that is worshipped or even drawn before any sacred and auspicious ceremonies as this symbol in Sanskrit represents 'well-being'. But, the Swastika lost all its credibility when it was wrongfully used by Adolf Hitler.
In fact, it is believed that if this symbol is worshipped properly, then it gives positive results. But if it is abused, then it gives negative results. So, when Adolf Hitler rotated the Swastika at 45 degrees, it slowly and steadily brought misery not only to Adolf Hitler and his theory of Nazism but also to all the people who were associated with him.
Therefore, in order to give the kind of respect and credibility which the Swastika deserves, World Interfaith Harmony Week which was held in New York in February this year, interfaith groups appealed to the United Nations to recognize and acknowledge the Swastika as an important and peaceful symbol. In fact, they also differentiated it from the Hakenkreuz or "Hooked Cross" of Adolf Hitler.
India celebrated a historic day on August 7, as 23-year-old Neeraj Chopra became the first Indian to win an Olympic gold medal in athletics. In the men's javelin throw event, he achieved his greatest triumph, throwing the javelin 87.58 meters on his second try.
Neeraj Chopra was born on December 24, 1997, in Khandra village in Haryana's Panipat district. He grew up in a Haryanavi family of farmers. He is the brother of two sisters. He graduated from Dayanand Anglo-Vedic College in Chandigarh and is now enrolled in Lovely Professional University in Jalandhar, Punjab, pursuing a Bachelor of Arts degree. Chopra was bullied due to his obesity as a kid, which prompted his father to enroll him in a nearby gym. He then joined a gym in Panipat, where Jaiveer Choudhary, a javelin thrower, noticed his potential and coached him. When the 13-year-old Chopra finished training under Jaiveer for a year, he was enrolled at the Tau Devi Lal Sports Complex in Panchkula, where he began training under coach Naseem Ahmed.
In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018. | Wikimedia Commons
Chopra's first international medal came in 2014, as he took home a silver medal at the Youth Olympic Qualification Tournament in Bangkok. In 2015, he set a world record in the junior category of 81.04 meters in the 2015 All India Inter-University Athletics Meet.
Since emerging into the public eye with a historic gold medal at the junior world championships in 2016, he has maintained a high level of performance, setting an Under-20 world record of 86.48m, which still stands. Gold medals in both the 2018 Commonwealth Games and the 2018 Asian Games are among his other accomplishments, including a first-place in the 2017 Asian Championships. In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018.
Chopra has also had his share of bad events in life. In 2019, he underwent surgery on the elbow of his right throwing arm, which kept him out of the game for almost a year. However, he returned more robust than ever. In November 2019, he went to South Africa to train from Klaus Bartoneitz. He spent the following year in India training at the NIS Patiala because of the COVID-19 pandemic. He was allowed to go to France with his coach after weeks of trying to get a travel visa.
Neeraj Chopra made history in the 2020 Tokyo Olympics by becoming the first Indian to win a gold medal in athletics. Also, it is worth mentioning that after Abhinav Bindra, Chopra is only the second Indian to win an individual gold medal.
Keywords: Neeraj Chopra, Olympics, Tokyo2020, Gold medal, javelin, India, Haryana