Tuesday June 25, 2019
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The importance of human resource in a nation’s development and progress

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By Dr Kallol Guha

A country’s human resource (a set of individuals who make up the workforce of an organization, business sector or economy) is shaped and conditioned through its education system. How a given nation will fair can be predicted by evaluating the state of its primary, secondary and higher education with special reference to its research orientation of the education system.

Hitler’s armament minister Albert Speer wrote in his memoir “Inside the Third Reich” that he once visited German occupied territory in Ukraine during the last war. There he inspected a university complex under construction. He mentioned- the facilities he saw, far exceeded anything available in Germany. So, by seeing the structure of the University, he remarked- he had no doubt that Russia was determined to become a world power.

If India has to become an important geopolitical player in the region and an economy to reckon with, it has to take up major educational reforms in the country. There isn’t any doubt that the education system in India, at all levels, is down in the dumps. The situation can be assessed by the fact that not even one Indian university features in the QS World University top 200 list.

Moreover, the importance of education in shaping the human resource is not just restricted to economic development. Defence and international relations too are dependent on the nation’s human resources.

There are lots of opinions on matters related to India’s defence. How neighboring countries are to be treated is a subject being debated passionately, and in some channel it is a shouting match with the bellowing anchor. A basic principle of a country’s defense is not ammunitions, but quality, conviction, and training of the human resource that determines the defense capability of a given nation. Contemporary history bears numerous testimonies to this basic principle. A case in point is the Vietnam War, Korean War, Bay of Pigs in Cuba and Israel’s role in Middle East.

In India, there are lots of discussions on procurement of arms from merchants of Death. But not a word on how to condition and shape the human resource to defend the country at the right time! In case of a war with a formidable opponent (not Pakistan), only a fool should believe that such a war can be won by arms supplied by a third country and leadership of Anglophonic Politicians whose primary objective is to transfer wealth to Anglophonic West.

Has anyone ever heard any Indian politician or any Indian political party emphasize the significance of building and conditioning human resource to strengthen nation’s all out development with special reference to Defense?

It’s time India did some major rethinking.

(The writer is the President & CEO of Saint James School of Medicine headquartered in Illinois.)

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Microsoft Ready to Help Indian Startups, Says President Anant Maheshwari

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months

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FILE - Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

Armed with a cutting-edge technology platform, a well-established partner organisation and an expansion of M12 venture fund, Microsoft is ready to help Indian startups across the spectrum embrace the next phase of growth, Anant Maheshwari, President, Microsoft India, said here on Monday.

India, which saw a tremendous growth in the startup space in the last couple of years, is now witnessing a growth in the business-to-business (B2B) tech startups coming up with innovative ideas to deal with local problems.

“With our intelligent tech expertise, deep focus on trust and unique global go to market partnering, we empower unicorns and startups to scale sustainably at a global level,” said Maheshwari.

“We remain excited about India’s entrepreneurial startup potential and will continue to accelerate it as a growth engine for the economy,” he added.

India witnessed a dramatic rise of eight unicorns in 2018 from among the start-ups across verticals as against a mere nine in six years from 2011 till 2017, according to IT industry apex body Nasscom.

The start-ups joining the select club for their valuation over $1 billion are Oyo Rooms (hospitality), Zomato and Swiggy (food delivery), Udaan (retailer marketplace), Byju’s, (edu-tech), Paytm Mall (e-tail), Freshworks (software programmer) and Policybazaar (digital insurance).

Maheshwari said Microsoft is uniquely positioned to support Indian startups to achieve scale and evolve from market ready to enterprise ready.

Microsoft, Taiwan AI
A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

The introduction of M12, Microsoft’s venture fund, in India in February is creating new value for startups, VCs and the company itself to maintain the pace and direction of innovation.

“M12 is looking at investing in innovators who have aligned their focus on cutting-edge technologies that better enable digital transformation. The portfolio development team at M12 is specifically built to help support and scale companies by leveraging the expansive resources of Microsoft,” said the company.

According to reports, venture capital investments in Indian tech business-to-business (B2B) start-ups have been trending upwards, with over $3.09 billion raised in equity funding across 415 deals in 2018 — 28 per cent more than $2.41 billion in 2017.

Also Read: Facebook’s Push to Become China’s WeChat May Kill it

Under the “Microsoft for Startups” initiative, startups can co-sell with Microsoft sales teams, get access to top tech VCs in the global arena and mentorship from industry veterans.

In less than 18 months, Microsoft for Startups has closed more than 120 co-sell deals with more than $126 million in active pipeline for startups.

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months. (IANS)