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By Gaurav Tyagi
August 12, 2017: India would be celebrating 70 years of independence from the British rule on 15th August. The current state of affairs, in the country despite tall claims by Indian establishment is bleak. There are enormous challenges that face the Modi government in India before the 2019 elections.
‘Make in India’ scheme was launched with much fanfare in September 2014 to overhaul the out-dated policies and processes thereby, making India a global manufacturing hub.
An NDTV report reveals the ground realities.
An entrepreneur, Saurabh Ahuja tried to import a $ 600 3D printer for manufacturing drones at his workshop in Delhi. He had to shell out another extra $900 in taxes and bribes for the customs department to release his consignment and that too after a period of three months.
The aforementioned case of Mr. Ahuja discloses that ‘red tapism’ is still highly prevalent in India. Big companies donate large funds to all major political parties therefore, they have easy access to the ‘corridors of power’ but a small budding entrepreneur is made to ‘run from pillar to post’ for getting various permissions from several government departments.
India’s bureaucracy is based on the British colonial model. British officers used to be in charge of administrative affairs when India was a British Colony. To ease their workload, they used to hire Indians at the clerical level. These Indians who served the British Empire thought very highly of themselves and regarded their fellow Indians with contempt.
Indian bureaucracy thus inherited a pretentious, rigid hierarchical functioning style from its colonial masters. These bureaucrats don’t have much accountability and continue in their plum posts till retirement. Their attitude towards ruling party politicians is servile while with general public they are disdainful.
They remain contented in their comfort zone of out-dated ideas and models.
Dealing with Indian authorities is a nightmare for every common citizen. These officials create hurdles and blocks at each step and expect gratification in form of bribes.
The situation is best summarized by Rajiv Bajaj, head of Bajaj Auto, a big industrial house of India. This is what he said in a recent speech this year, “If your innovation in the country depends on government approval or the judicial process, it will not be a case of ‘made in India’ but ‘mad’ in India.”
World Bank’s recent rankings for countries regarding ‘ease of doing business’ ranks India as 130th out of 190 nations.
Jobs in the Indian Information technology (IT) sector were highly sought after. The rapid strides made by automation coupled with a strict visa regime in the United States have now turned Indian IT upside down.
There are estimates of heavy retrenchments in the IT field.
Kris Lakshmikanth, the Chairman and CEO of ‘The Head Hunters India’ say that the year 2017-18 will serve as a ‘wakeup’ year for the IT/BPO industry. He states that there would be a ‘Tsunami’ of IT layoffs in India with approximately 200,000 IT/BPO personnel losing their jobs per year during the next 3-4 years.
Therefore, Indian Prime Minister; Modi’s recent statement, wherein he said that Information Technology plus Indian Talent=India Tomorrow (IT+IT=India Tomorrow) is way ‘off the mark’.
India is poised to overtake China as the world’s most populous country by 2024 according to a UN report.
Modi can talk all he wants and come up with fancy slogans but the harsh truth is that a corrupt, lethargic bureaucracy, swift population growth and cutting down of jobs in the IT sector are immense challenges and cannot be tackled by mere ‘catchy phrases’.
Lack of jobs to absorb a large number of fresh graduates passing out from Indian universities every year. The predatory attitude of bureaucracy, which discourages entrepreneurship in the country, sharply point towards looming mass unemployment in India.
This would turn India’s so called demographic dividend into a huge demographic liability in the very near future. Modi needs to come up with an efficacious plan to tackle this fast approaching apocalypse.
The author is a Master Degree holder in International Tourism & Leisure Studies from Netherlands and is based in China.
Hackers have stolen crypto tokens worth $120 million from Blockchain-based decentralised finance (DeFi) platform BadgerDAO. Several crypto wallets were drained before the platform could stop the cyber attack. In a tweet, Badger said it has received reports of unauthorised withdrawals of user funds. "As Badger engineers investigate this, all smart contracts have been paused to prevent further withdrawals. Our investigation is ongoing and we will release further information as soon as possible," the company said late on Thursday.
According to the blockchain security and data analytics Peckshield, the various tokens stolen in the attack are worth about $120 million, reports The Verge. According to reports, someone inserted a malicious script in the user interface (UI) of their website. Badger has retained data forensics experts Chainalysis to explore the full scale of the incident and authorities in both the US and Canada have been informed. "Badger is cooperating fully with external investigations as well as proceeding with its own," it said. DeFi is a collective term for financial products and services that are open, decentralised and accessible to anyone. DeFi products open up financial services to anyone with an internet connection and they are largely owned and maintained by their users. While the attack didn't reveal specific flaws within Blockchain tech itself, it managed to exploit the older "web 2.0" technology that most users need to use to perform transactions, according to reports. (IANS/ MBI)
(Keywords: crypto wallets, BadgerDAO, decentralised finance, Blockchain, 120 million, crypto tokens, Hackers)
A total of 120 top Bollywood and other celebrities are expected to attend the wedding of film stars Katrina Kaif and Vicky Kaushal which is scheduled on December 9 in Rajasthan, said Rajendra Kishan, the District Collector (DC) of Sawai Madhopur district of the state on Friday. The District Collector told mediapersons: "These 120 guests shall follow all COVID-19 protocols and fully vaccinated guests will get entry in the much-hyped celebrity wedding."
Kishan said that the organisers have been asked to strictly follow all Covid-19 protocols. Also, those who are not vaccinated, will not be allowed without the negative RT-PCR test report, he added. "We have been informed by organisers that a total of 120 guests are invited to the wedding and the events will take place between December 7 to December 10," he added.
Earlier at 10.30 a.m., Kishan called a meeting which was attended by administrative, police and forest department officials, hotel and event managers to ensure adequate arrangements for crowd control, smooth regulation of traffic, and law and order situation amid the VIP movement. The wedding venue Fort Barwara, that has been converted into a heritage hotel, is situated in the panchayat samiti Chauth Ka Barwara. The venue is around 22 km away from Sawai Madhopur and is around 174 km from Jaipur. Sawai Madhopur district is famous for the Ranthambore National Tiger Reserve and as per reports, the guests are likely to be taken for a tiger safari. (IANS/ MBI)
(Keywords: Rajasthan, December 9, Vicky Kaushal, Katrina Kaif, film stars, celebrities, Bollywood, Katrina-Vicky)
The National Centre for Biological Sciences (NCBS), which confirmed the first two cases of the Omicron variant in Bengaluru on Thursday, is continuously monitoring the situation in four cities - Bengaluru, Hyderabad, New Delhi, and Pune. The NCBS is a part of a consortium of national laboratories performing genomic surveillance across four city clusters. The consortium was established four months ago with support from The Rockefeller Foundation's Pandemic Prevention Institute, and is led by the Centre for Cellular and Molecular Biology (CCMB) in Hyderabad.
Dr Rakesh Mishra at the CCMB said on Friday that the consortium is continuously monitoring the situation in all the four cities and has upscaled its efforts to sequence as many samples as possible Apart from the CCMB and the NCBS, the consortium includes CSIR-Institute of Genomics and Integrative Biology - IGIB in New Delhi and the Pune Knowledge Cluster, Indian Institute of Science Education and Research (IISER), Pune, and CSIR-National Chemical Laboratory in Pune.
The first case of the Omicron variant was detected in South Africa and reported to the World Health Organization on November 24. | Unsplash
The consortium is focused on upscaling genomic surveillance as part of national efforts led by the INSACOG - Indian SARS-CoV-2 Genomics Consortium - to respond to the Covid-19 pandemic. The consortium intensified its sequencing efforts after the World Health Organisation announced Omicron as a Variant of Concern. Such an intensified effort enabled the Bengaluru team at the NCBS, a member laboratory of INSACOG, in collaboration with Strand Life Sciences and the Bruhat Bengaluru Mahanagara Palike (BBMP), to detect, rapidly sequence and verify the existence of the omicron variant in samples from two Covid-19 infected individuals.
They hope this will aid in a rapid response to contain the spread of variants of concern. Prof Satyajit Mayor from the NCBS conveyed the information to local and national authorities, and the Indian government released a statement on December 2, all within four days of receiving the samples. Both SARS-CoV-2 genomes have also been uploaded to the global repository for SARS-CoV-2 sequences, GISAID, so that they can be publicly available to the scientific community, the NCBS said. (IANS/ MBI)
(Keywords: Hyderabad, New Delhi, Pune, Bengaluru, The National Centre for Biological Sciences, Situation, NCBS, Omicron)