POPULATION STATS : Defines the World Policies

THEME : VULNERABLE POPULATIONS IN EMERGENCIES

11 July, UN celebrates World Population Day to mark upon the concerns related to world population figures &studies. This year WPD2015 themed upon ‘Vulnerable Population in Emergencies’ – specially focus on youth and women which were neglected. The Family planning are a cost effective way to address many needs of world’s vulnerable people.  An urge to live longer, high standard of living, better nutrition, availability of health service, and greater investment in public health is an inevitable to address.

In order to get sustained world development and holistic policies by various government agencies, an innovative approach is required to address the population challenges. A major thrust areas to provide a healthy food, empowerment with education and safe drinking water. Due to growing concerns over Women’s safety &Youth Empowerment is solution to contemporary issues of world population.

The World population about to edge of 7 billion in 2011, it is both a challenge and an opportunity. In current situation some part of world facing issues of poverty, forcibly displacements, terrorism, high inflation and uncertainty in economic growth rates. In order to combat the diverse challenges there is a need of education, employment, skill development initiatives and better infrastructural support &services.

A major risk &vulnerable section of world particularly, being faced by women and girl child due to uprising violence &crime, abuse, sexual exploitation, violence and forced marriage. To Safeguard the Women dignity, education, safety, health & protection will be prime objective of society to be flourish &cherish.

Upcoming generations will bound to be get effected if present situation are not being held to examine critically. The government all over the world are needed to revamp the present situation through incurring innovative policies, strengthen  measures and creative initiatives.

There is a large number of young people entering their childbearing years will result in population for decades to come, a Phenomena called Population Momentum.  Better Planning, Better will be Our Approach!

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~A Digitization Globally:  World A  Smaller Place to Live &Communicate~

In contemporary digital era, the scenario of digitization spreading rapidly throughout equitably at an exponential growth rate. Therefore in due course of  meantime, there is a uprising concerns over misuse of digital secrecy among users.

The Internationally governments expressing such concerns while statements of thefting  secrets by hacking governments sites  and revamping the data by rival countries counterparts. A situation need to be critically examine both by business fraternity and governments, in order to combat the challenges towards best- safe- secure digital usage in interest of worldly activities.

There are various terminologies of Digital security issues; that needed to be aware about. Among few of threats often faced in cyber space are Cyber Bullying, Gaming Addiction, Malware, Copyright Infringement, Cyber predators and Plagiarism etc.

The solution lies in better reliable security systems need to be develop by programmers, digital security literacy awareness among users, proper following international digital security guidelines, and promotions of innovative ideas &concepts. An advancement rate of digital system in day to day basis are needed to keep up pace with updated with developing technologies.

Digital Wellness is need to define as term to convey smarter, empowered user and awakened to pace of digital progress. A wellness is itself defines the intention to the convey message in safeguarding the interest of internet fraternity.

 KEYWORDS

• Cyber Bullying
• Cyber Predators
• Gaming Addiction
• Identity theft
• Security Theft
• Copyright infringement
• Plagiarism
• Spamming
•  Adware
• Phishing
• Pop-Ups
• Spoofing
• Spyware
• Spim
• Trojan House
• Worm, Virus, Zombie attacks

All above well taken to be aware in order to secure usage of digital resources. A wellness will be attain in perspective to attain digital literacy.

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A PATRIARCHAL VIEW : Madras High Court Judgement on Issue of  resolving in a Rape Case 

Is It Sensitivity towards Women Security &Concerns? Is Mediation is a Way of resolving a Convicted Rapist? Is it Judicial Insensitivity? Is It a Way of Penalizing the Convicted in Rape Case?..

All above concerns being need to be stated.The indefensible order by High court to opt for mediation between perpetrator and victim; as it might  revoke and spread agitation towards Madras high court verdict. It is must be immense concern, under what circumstances to high court stated in this case. However, The Supreme Court rulings are very clearly and well structured in such circumstances. As the Supreme Court are always stated in context to safeguarding fundamental rights and work within constitutional framework.

The Supreme Court reiterated amply towards offers of marriage or forms of financial compromise cannot be applied in rape cases. The supreme court’s ruling defines that courts shall not fall on subterfuge in due course of rape cases. It also denies that parents of girl the right to arrive at a compromise with rapist. Although Supreme Court number of times re-iterated sharply on thought of mediation in a rape case “As completely sans legal permissibility”.

Also it need to know that the amendment to criminal law made in 2013, Section 376 of IPC (Punishment of rape) had allowed judges to award lesser prison terms &has been omitted therefore categorically apex court ruled out the provision of such leniency in subject of interest of graver concern and justice.

The conviction rate in our country is low in a cases of rape. The result arises due to lack of evidences, political pressure, police inaction or lenient way of handling issue, and social fear factors getting exposed to defame in society. The Crime and Compromise in itself never sustained together or feasible to clearly unjustified.

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German Dual System of Vocational Training: A Model for India? [PART-I]

Revamping The Vocational Training &Education System  towards Better Employ-ability and Skill India Initiative.

In present scenario, Vocational Training are much needed to be appreciated towards catering industrial needs and aspiration. The continual increase in demand for Skilled people are needed to encouraged with proper channelizing their growth prospect. A Vision of Skill India, have potential lies in hands of our service &manufacturing sector fraternity. The India envisioning for exporting skilled work professional to the world in 21st century. Therefore the need of innovative, informative &knowledge based approach are to be adopted in Educational-cum-Training methodology.       

The Germany is a pioneer in Vocational Training &Education due to its Dual System of Vocational Training. A World class system of vocational system is achieved through industry led Education-cum-training with few days of learning and maxim days of hands-on-training per week methodology. Almost Large numbers of Vocational Centers in Germany financed  by industry itself as by the regulation of government and investment strategy.

India By 2020, will be one of the youngest populations in the world. The ‘Youth dividend’ is source of high economic growth &prosperity for country. In order to capitalize it, India must ensure the Young people enter the labour marketing have proper skills set of world class. Current their is a huge gap between education system and skills demand by industry. As industry is being concerned and simultaneously facing problems of youth employ-ability skill set. This situation is paradoxical towards high unemployment and skill shortage.

Our Indian Prime Minister very cautions about situation, therefore creates Ministry of Skill Development &Entrepreneurship, MSDE with Skill development as priority area for action.

Apprentice Training in India

• The Apprentice Act,1961 enacted
• Objectives to regulate the programme of Apprentice Training and meet industry skill set
• MSDE is responsible for monitoring the implementation of act with state apprentice advisers.
• DoE, MHRD is responsible for implementation of Act in respect Graduate, Technician &Technical Apprentices
• Trade Apprentice Statistics, Seats allocated : 3.59 Lakh, Seats Utilized : 2.20 Lakh
• Graduate, Technician, Technician (vocational) Apprentice Statistics, seats allocated :1.39 lakh, seats utilized: 0.39

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GREEN BUILDING : Integrating &Bridging Building, Business and Bio-Climate  

~MAKING IT INTEGRATED HABITAT TO LIVE

The Concept dwells proactively in present scenario, among conservationist, Young minds, &thinking driven society to make  a ‘World better place to Live’. During early era’s, Building &construction practices in India are prevalent while conserving &concerning environmental issues. Also well planned with uniqueness of its features.

Due to the rampant growth, population explosion creates an unplanned &unregulated development that effects our habitat vulnerable to environment we live in. Therefore the need and advocacy of Green Building is a revival to concept of traditional ways of sustainable construction in a developed technological manner. The buildings accounts for 40% of energy used leads to significant contributor of emission of GHGs (Green House Gases).

All economic activities across globe creates tremendous pressure on environmental and natural resources. This is irreversible damage to global environment, which impact quality of life on our future generations. The rising concern will seeking sustainable solutions through sustainable ways to achieving it. It is imperative for industry to develop sustainable building technologies and green buildings to ensure sustainability.

Building Green Features:

• More efficient usage of valuable resources such as water, energy, materials and land
• It depletes the natural resources to a minimum during construction and operational phase.
• Building design to optimizes the demand of non-renewable resources
• Maximizes the re-usage, recycling, utilization of renewable resources
• Minimizes the detrimental impact of building on urban life and global environments.
• Designed using Integrated approach

RATINGS is important parameter in consideration to evaluate the green building solution. Although it is an evaluation tool that measures environmental performance of building through its life cycle. Encompasses a set of criteria covering various parameter related to design, construction, operation of building with assigned points, once its fulfills criteria. Some Ratings include – CII – IGBC Rating, GRIHA Rating etc.

Benefits to adapt includes :

1. Increases User Productivity
2. Enhance Image and Maketability
3. Facilitates Compliance
4. Optimization of resources, energy and waste generation.

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The Corporate India emerged as Essential Partner in A Process of Indian Socio-economic Growth and Development

With the advent of 21st Century, Corporate India role’s and practices will drastically robust by Integration with World Market Trade. The Economic reforms in 1991, adds a new growth phase of corporate India.

Although Corporate India envisions for Good Governance, Transparency,Better Enforcement of Regularities, Reduction in corrupt practices, Adoption of Good practices, and Clear Legal Procedures. It plays catalyst role in Make-In-India policy framework &Stabilizing the economic growth to make it in double digits.

Corporate Governance is a system of enhancing the trust &confidence among stakeholders while intact the Socio-economic principles towards company objectives. The corporate governance practices enhancing the sustainable approach towards company objectives to meet sustained growth &stability over a long term of period. It refers to beyond the company laws which is defined as blend of law, regulation and and appropriate voluntary private sector practices which enables the corporation to attract financial and human capital, perform efficiently and thereby perpetuate itself by generating long term economic value for its stakeholders, while respecting the interests of stakeholders and society as a whole.

The advocacy of Corporate Governance is a subject of prime concern in present scenario, as its impedes impact directly towards the economic goals.

Although its non-viable to laid down of corporate governance rules but its viable to make key points on it. The following points to be ensure :

• Directors should be accountable towards share-owners, and management accountable to directors.
• Information about companies must be readily available &transparent to permit accurate market comparisons
• All investors must be treated equitably and upon the principle of one-share/one vote.
• Capital market in which shares are issued and traded should adopt its own Code of Best Practices
• Corporate directors and management have a long-term strategic vision  at its core.
• Standardization to be adopted in corporate practices for better global communications.

Essentials of Good Governance

• Quality and clarity of norms

• Enforcement systems and structure processes

• Dialogue and discussion and awareness

Factors affecting governance

• Integrity of the Management

• Ability of the board

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 Urban Population, Sets an Adoption of New Standards &Means in Transportation Sector Development

METROS : A GREEN, ECONOMICAL, FAST, CONVENIENCE &COMFORT, TIMELY, and RELIABLE Solution in Mega Urban Infrastructure System  

With growing rapid explosion of Urban population within the limited resources availability, transportation experiencing transformation.  The need of sustainable solution is propounding in ignited minds. Currently, its being a Grey areas to act and adoption of innovative measures. But certainly with the Rapid Transport transformation undertaking in Urban Lifestyle i.e METRO Rail System. It just not an asset to public convenience but creating value based system, cleanliness drive, and developing time value in mindset of public commuters.

The Metro System is developing with new green standards system i.e IGBC Green Mass Rapid Transit System (MRTS) Rating. The adoption of such rating system will certainly creates a tool to holistically apply green concepts during design &construction to enhance environmental compliance in operation, maintanence,cost savings and overall metro development project. It is world’s first comprehensive rail based MRTS System. The features includes in rating –

• Site Selection and Planning
• Water Efficiency
• Energy Efficiency
• Material Conservation
• Indoor Environment and Comfort
• Innovation in Design

India’s phenomenal growth in urban population adapts to enforce government above measures in creating Smart Cities infrastructure development. Transportation forms a backbone of city, therefore Smart Cities are need to adapt new systems. The Metro having potential to enhance Urban Mobility and commuters to have a better alternatives. The Metro,brings Quality of life significantly in every strata of urban infra, lifestyle and development culture. The expansion of system will deliberately ushers a new growth and convenience too. It enhance a green practice while bring changes in socio-economic cultural lives of people at large.

The Substantive measures have been adopted above in greening the transportation, generates a Standards to ‘Greening a Way of Lives!’

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A Spatial Technology,GIS : IT based system revolutionize our understanding of Complex Earthy System and Interlinking the various information

~Roger Tomlinson – “The Father of GIS”~

GIS, an acronym used for Geographical Information System. It is incorporating an integrated computer software for data collection and managed information related about the geographic places, analyzing spatial relationships, and model spatial processes. A GIS is a framework for sorting, gathering and organizing spatial data; so that it can be displayed and analyzed visually in informative way for interpreting the result &implications it conveys.

 There is a uprising interest in awareness of the economic and strategic value of GIS and using as medium to make communicative world for effective, sustainable and conservative future. It includes following advantages –

1.  Cost Savings for Greater Efficiency  : A GIS tool manages the fleet movements &optimize maintenance schedules.
2. Improved Communication : A GIS helps to communicate better between different departments, professional fields, disciplines and the public.
3. Better Decision Making :  A GIS is the go-to technology for making better and smart decisions about locations. Making correct decisions about location is a critical to the success of an organization policy and firm business strategies.
4. Better Record Keeping : A GIS provides a strong framework for managing avrious types of records with full transaction support and reporting tools
5. Managing Geographically : A GIS is essential to understanding what is happening and what will happen in geographic space.

Principle Working of GIS

It includes a simple five-step process lets you apply GIS to any business or organizational problem that requires a geographic decision.

• Ask : What is the problem trying to solve or analyze, and where is it located? Framing the question will help you decide what to analyze and how to present the results.
• Acquire : The type of data and the geographic scope of  project will help direct methods of collecting data and conducting the analysis.
• Examine : It is know for certain that data is appropriate for study after thoroughly examining it.
• Analyze : Geographic analysis is the core strength of GIS. Depending on project, there are many different analysis methods to choose. GIS modeling tools makes it easy to process.
• Act : It serves the best means for presenting analysis, and GIS makes it easy to tailor the results for different usages.

GIS adds to New Dimension in Digital Development Tool!

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Blood is the Most Precious Element that Sustains Our Life!

~A Voluntary blood donation is the highest form of Humanitarian Service~

[pullquote]“Give freely, give often. Blood donation matters”[/pullquote]

WORLD BLOOD DONOR’s DAY, 14th June celebrated with the spirit of altruistic and thankful to unsung heros for their priceless contribution to a Noble social cause. The Theme of Year 2015 campaign is “Thank you for saving my life” focuses on thanking the blood donors, who saves life by donating their blood and encourages more people across the world to donate the blood voluntarily and periodically. Its an Utopian form of service by donating Blood voluntarily and saving life’s.

Although Access to safe Blood is mandated by Law and it is intrinsic requirement for health care &proper funtioning of health care system. The primarily responsibility of NACO with the directive of the Supreme Court, National Blood Transfusion Council was constituted in 1996 to promote voluntary blood donation, ensure safe blood transfusion, provide infrastructure to blood centers, develop human resource. The Blood donation banks constitutes 76 blood banks in Delhi &NCR and 524 blood banks from across the country. National Blood Policy advocates the issues of adequate supply of safe and quality blood collected from voluntary non-remunerated regular blood donors.

Blood Donation advantages :

•  Improves overall cardiovascular health system : blood donated  helps particular to reduce the amount of iron and the chances of heart attacks
• Lowers the risk of severe cardiovascular events
• It enhances the production of new blood cells
• It seen to lower risk of cancer
• Monitor the prior health screening

Our Nation requires 4 Cr. units of blood, as currently only 40 lakh units are available. By the fact Blood cannot be manufactured only can be donated. As Blood donation involves simple four-step process – a registration,knowing medical history and check mini-physical, towards donation and make your refreshments.

DONATE FOR A LIFE! TO PROUD SELF 🙂

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Standardizing Accounting Procedures to Strengthen Economic ties, Trade &Relations

Set to Interlink International Business Strategy, Market &Leadership in Mutual Understandings

Consolidation of finance statements and reporting by following standards have assumed great importance in business world. It becoming a necessary view of the operations of cooperation’s.The operations are consolidated for legal as well as managerial reporting purposes with well defined regulatory guidance by international and national agency. As it sets to bring uniformity to compliance with global acceptance and help to bring ease in company policy understandings.

The demand for investor and regulator to required assurance as regards the integrity and reliability of financial reports is now accepted worldwide. Therefore the foundation for trust are the standards of auditing, as a fundamental factor in helping to maintaining quality of auditing &accounting.

•   The Ministry of Cooperate Affairs,MCA notified the Ind AS (Indian Accounting Standards) Rules,2015 applicable to particular class of companies and dates of applicability.
• Indian GAAP, iGAAP are the standards notified by central government under Company (Accounting Standard) Rules, 2006 applicable to all companies
•  IFRSs are standards and interpretations adopted by IASB comprises International Finance Reporting Standards, International Accounting Standards and Interpretations.

Indian Accounting Standards Converged with IFRS sets to Reliable, Uniform and Consistent financial reporting. This is an important steps to be undertaken in practice of Good Governance practices. It further helps in enhancing the credibility of business to have a informed investor for investment to be made independently. Overall Thirty five Indian Accounting Standards converged with International Financial Reporting Standards,IFRS.

All above standards denotes a discipline, which provides  guidelines, yardsticks for evaluation, uniformity, comparability, transparency, rationalization and adaptability in field of accounting.

With Upcoming Ind AS to particular class of companies will be set to adopting the standards from notified date by ministry of cooperate affairs. The Big picture includes-

1. MCA on road map for mandatory Ind-AS implementation
2. Companies net worth Rs 500 Cr &above will First reporting for year ending March 31,2017, comparative information of year ending March 31,2016 and opening balanced sheet April 01,2015.
3. Companies net worth exceeds Rs 250 Cr will First reporting for year ending March 31,2018, comparative information of year ending March 31,2017 and opening balanced sheet April 01,2016.
4. Dual books are not required
5. Applies to consolidated and standalone financial statements
6. Balance sheet sizes substantially change
7. Financial ratio might affect adversely

START PREPARING &LEARNING THE TRANSITION in ACCOUNTING STANDARDS.

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