...India has the largest child population in the world. In 2010, the United Nations International Children's Emergency Fund reported that 20 percent of worlds’ children population are in India. India children population for ages 0 to14 exceeded the Chinese children population in 2010 by 66 million (UNICEF 3). However, India has the world’s largest children population, not all Indians children have the same opportunity to grow up healthy, educated, and able to fulfil their desires and potential as other children from other nations around the world. Forty percent of children in India are vulnerable to experience difficulties (Actionaid India, 9). Extreme poverty, social stratification, lack of education, and child labor have had devastating consequences on India’s children; these reasons are the main causes that create the phenomenon of street children in India, and especially in Mumbai. Many poor households due to the low wages in adult labor market have sent their children to the streets of busy cities such Mumbai to earn supplementary income to help their families to survive. India’s caste system also deeps the gap between poor and rich, and increases the social stratification between the social classes. Therefore, many poor families have found themselves forced to exclude their children from education to help them earning extra income to pay for basic life’s needs. In my paper, I will examine the causes, effects, and consequences of street children problem in Mumbai from sociological...
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...Sociology | | | Changing Dynamics in Society | | Fred B. D'souza | 1331 F.Y. B.B.A. | | Changing Dynamics in Society It is a fact that society is not monotonous but is constantly evolving. However the rate it changes at is usually slow. After asking the three generations that I have at home about their young days, I see a difference in my grandparent’s life, my parent’s life and my own life. I see changes at many areas like social norms, rules at home, accepted ways of thought, communication and behaviour, the role of family and their values, allowances etc. These changes that are slowly being woven into the fabric of society are gradually being absorbed as the new norms, without shaking the core. If I compare my life to that of my parents at my age, there may be some things that I do which would be totally unacceptable to my grandparents. When we have family dinner time there has been so many instances where my father has told me about his past and how it is so different to my generation. My father shared stories to my brother and me stating that when he used to come late at home, my grandfather used to not open the door for him, so he was left out in the cold until the next morning. My father does not do this to me when I am late; instead he merely asks me the reason for being late and if valid ends the topic. My mother her entire life was not allowed to wear short skirts. It had to be well below the knee. She comments on the girls as we pass by in the...
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...seven districts served by the bank have 100 percent inclusion • The RRB plans to cover one million families by March 2008 Pilot Project in Andhra Pradesh Andhra Pradesh Government has embarked on a pilot project with six banks, viz., SBI, SBH, Andhra Bank, Union Bank, UTI Bank and AP Grameena Vikas Bank, to make payments of Social Security Pensions and AP Rural Employment Guarantee Scheme benefits to 50,000 beneficiaries in six Mandals of Warangal district through the use of business correspondents and contact less smart card/mobile technology. The state proposes to scale up the project to cover the nearly five million beneficiaries of the entire state in due course. The state has signed an MOU with banks and Institute for Development and Research in Banking Technology (IDRBT) for the purpose. The state is also meeting the major portion of cost of the smart cards and also of the other devices used in the j t Indian Bank in Asia’s Largest Slum, Dharavi, Mumbai - Application of Core Banking Solution Dharavi, Asia’s largest slum is inhabited by lakhs of migrant labour from Tamilnadu who do not have bank accounts. After the KYC norms were rationalized to enable opening of 'No Frills' Accounts, Indian Bank has opened a Core Banking branch in Dharavi Slums. The KYC of migrant labour can also be done at the home district in Tamilnadu. As the bank has branches at the places from where the migrant labour has come, remittances to and fro have become very easy...
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...9 -5 0 7 -0 3 2 REV: JULY 23, 2012 ELIE OFEK PSI India—Will Balbir Pasha Help Fight AIDS? (A) Every time Sanjay Chaganti, program director of HIV/AIDS Prevention at Population Services International (PSI) India, walked the streets of Mumbai's red-light district, he felt as though there was probably no other place like it in the world. Although dirty, crowded, and run-down, the district known for its brothels and the local Indian mafia was also a vibrant area that included shops, restaurants, and movie theaters. At any time of the day or night and at any time of the year, the redlight district was an area that was always alive and open for business. This particular afternoon in March 2002 was not unlike any other day in this area of Mumbai. To Sanjay and his colleagues at PSI, however, the red-light district of Mumbai was also ground zero for the growing HIV/AIDS epidemic in India—something that the nonprofit organization was fully committed to prevent. Over the past 10 years, PSI had worked to educate sex workers in Mumbai about HIV and the significantly lower transmission rates that resulted from the use of condoms. It was estimated that there were between 20,000 and 30,000 sex workers within a 10-block area of the red-light district. Since roughly 85% of all HIV transmission in India occurred through intercourse with sex workers, for PSI the red-light district was a major battleground in the fight to prevent the spread of HIV. To reach as many sex workers...
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...I. Introduction & Executive Summary: The phenomenon of globalization, reduction of trade barriers has resulted in not only the exchange of business practices and products but also, cultural values and customs. Many diverse cultures share and influence the cultural views of different societies. The Western influence on developing countries is the most remarkable. A country such as, India has a vast population of young adults who idealize the Western lifestyle, the way of living, dressing, and social norms. A strong value held by many Asian cultures is the importance of one’s health, natural healing, meditation, and spirituality. These core health values within the Indian society alongside the emergence of Western influence on aesthetics, appealing body physique (slim and toned for females, muscular and built for males) serves as a perfect business opportunity for L.A. Fitness to expand into the Indian market. Opening L.A. Fitness in India to promote good health and well-being the “western” way seems fitting to the common “East meets West” motto. L.A. Fitness established in 1984 and has acquired Bally Total Fitness which currently has operations outside of North America in China and Korea. L.A. Fitness has based its strong expansion from its commitment to understanding and meeting the distinct needs of each community they serve. It offers a wide range of amenities beyond the core gym machines/free weights such as swimming pools, tennis courts, hot tubs, saunas...
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...April-May 2013 AUTOMOBILES AND AUTO ANCILLIARIES TANMAY AGARWAL Special Focus India Car Lease business to pick up Societe Generale's ALD Automotive 26 May, Mumbai According to ALD Automotive, the car lease business is expected to register huge growth in the upcoming years. Besides decreasing fixed costs, car leasing is also expected to particularly useful be for SMEs. Demand is expected to pick up in the pharmaceutical sector where increasingly companies are giving cars to their medical representatives to increase sale conversions and increase employee retention. Also agricultural companies are expected to increase lease cars usage as they can no longer rely on public buses. India-EU FTA Agreement: Likely to cause more problems for the reeling sector The India EU FTA Agreement has run into major hurdles as far as the automobiles are concerned. It is understood that the EU has been pushing the Indian side for import duty cuts. This has resulted in Indian Automakers being up in arms as they feel that cheap imports may further impact their already lackluster sales. Leading players like Maruti have been actively lobbying the government to keep this sector out of the purview of the agreement as it believes that it will result in flooding of the market by European cars. Industry Talk Daimler to develop India ops as export hub 24 May, Chennai Daimler India Commercial Vehicles- will be exporting locally assembled trucks from the conglomerate's Mitsubishi Fuso range...
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...PAST India is a Third-World Country. It is a developing economy. It started out as a mixed economy. However, Post 1991, India has been moving towards capitalism with gushing force. Liberalization and globalisation opened Indian economy. Opening up sectors for foreign direct investment (FDI) has attracted great investment and employment opportunities. Liberalizing FII (Foreign Institutional Investor) norms has helped in easy availability of capital. There has been an easy availability of loans. Our GDP growth reached 9 per cent. The real estate market is blooming. Our industrialists bag awards for the wealthiest persons in Asia and world. We are growing into the fastest economies of the world. But does this achievement take into account Gandhi’s talisman? Even after 60 years of independence we are unable to address the problems of poverty, education, housing, food, sanitation, etc. According to reliable economic sources, over 250 million people in India lives below the poverty line, over 300 million people are illiterate, there is a demand of millions of houses but most of it is not satisfied, almost 80 per cent of population in Mumbai lives in one bedroom-cum-drawing room house, over 25 per cent of our country’s population does not get clean water and proper sanitation. Most of the rural areas, which comprise almost 70 per cent population of India and include over 6.5 Lac villages, are under developed. The growth that we observe around us is lopsided, helping rich getting...
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...Dissertation on the Real Estate Sector of Mumbai and the Indian Middle Class Abstract The global financial meltdown had hit the real estate sector all around the globe, and Mumbai real estate sector is one such amongst them. The specific segment is plagued by reduction of demands, lowering of prices, inventory accumulation etc. In order to maintain their sustenance, they now want to target the middle class segment of the society. The entire purpose of this dissertation was to identify in the present economic conditions of the country, the target customer for such real estate sector. In order to conduct the research, a mixed research methodology is adopted deploying both qualitative research as well as quantitative research. Relevant research instruments were chosen, and 10 respondents were interviewed for the qualitative research and 300 individuals were undertaken in the quantitative research methodology. It was found that indeed the middle class with their high aspiration levels, and disposable income were the ideal target for real estate. However, in order to further attract the target customers, a host of suggestions are made. This dissertation is created through thorough referencing from academic journals, books, reports, newspaper articles etc. This paper would also be immensely helpful for students aiming to understand a clear picture of the real estate sector of Mumbai on ways to maintain its growth. Table of Contents Abstract 2 Introduction 5 Background...
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...ALL INDIA WINE PRODUCERS ASSOCIATION President Jagdish Holkar Cell. 9850044755 Email: jagdish.holkar@gmail.com, info@allindiawine.com Secretary Rajesh Jadhav Cell. 9422271528 info@rajdheerwines.com 1 Strictly Private and Confidential Indian Wine Industry current scenario & Proposed corrective measures 2 Strictly Private and Confidential Introduction / Background 3 Agro-based industry. Value addition to Agri.- produce. Food Processing Industry. Converts highly perishable grapes in to non-perishable with value addition. Major rural employment generating tool for unskilled labours. Food based (part of food) alcoholic beverage. Tiny Industry. Encourage first generation entrepreneurs amongst the farmers. Promote agro-tourism. Overall rural development Strictly Private and Confidential Key statistics Statistic Wine consumption Industry size (revenues) Land under cultivation Farmer families dependent on grape cultivation Families employed by the wineries Grape dues of 2009 and 2010 (Maharashtra) Present 1.1 crore litres Rs 1,050 crore 10,000 acres 10,000 6,750 Rs 208 crore Year 2020 estimate 7.2 crore litres > Rs 10,000 crore 21,000 acres 21,000 13,500 NA In addition to the above, the wine industry over the years has contributed substantial revenue to the State and Central exchequer Source: Industry association estimates 4 World wine scenario Largest fruit processing industry in the world Aggregate...
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...Modernizing Dharavi: If you build, will they come? Looking outside from his office at West Bandra overlooking the Arabian Sea, Mr. Mukesh Mehta sighed; he recalled when he first had the dream of creating a modern Dharavi – free of slums, where the poor, hardworking people will finally be able to enjoy a better quality of life and be integrated with the mainstream citizens. Throughout the history of the world, migrants have moved to the urban areas in search of a job so as to provide for their families. In most cases, they can find work, but not a place to live. Hence, without help from either developers or the government, they are forced to become squatters, building for themselves on undesirable and illegal properties. Dharavi, at the heart Mumbai, with 600,000 residents, is one such place and one of Asia’s largest slums. Mr. Mehta’s goal is to provide a decent standard of living to the people of Dharavi. He established himself as a celebrated realtor by building expensive custom homes for the rich in Long Island, New York, and now longed to build homes for the poor in the slums. He shared this dream with his family too. His son, Shyam, was very enthusiastic and regarded him as a “versatile” person who is capable of serving both the rich and the poor, while his wife considered him a “confused” person. He is, however, dedicated to pursue his dream of seeing that his heroes are living a far better life in a revamped Dharavi, free of slum. Mr. Mehta has been the management consultant...
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...efficient. With the onset of reforms to liberalize the Indian economy in July of 1991, a new chapter has dawned for India and her billion plus population. This period of economic transition has had a tremendous impact on the overall economic development of almost all major sectors of the economy, and its effects over the last decade can hardly be overlooked. Besides, it also marks the advent of the real integration of the Indian economy into the global economy. This era of reforms has also ushered in a remarkable change in the Indian mindset, as it deviates from the traditional values held since Independence in 1947, such as „self reliance” and socialistic policies of economic development, which mainly due to the inward looking restrictive form of governance, resulted in the isolation, overall backwardness and inefficiency of the economy, amongst a host of other problems. This, despite the fact that India has always had the potential to be on the fast track to prosperity. Now that India is in the process of restructuring her economy, with aspirations of elevating herself from her present desolate position in the world, the need to speed up her economic development is even more imperative. And having witnessed the positive role that Foreign Direct Investment (FDI) has played in the rapid economic growth of most of the Southeast Asian countries and most notably China, India has embarked on an...
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...AN ENQUIRY INTO THE BANDRA WORLI SEA LINK PROJECT The Indian People’s Tribunal on Environment and Human Rights July 2001 CONTENTS Foreword Part 1: Introduction Project Profile Objective of the Project Financial Implications Technical Features 1 3 4 4 5 6 Part 2: Illegality of the Project Norms for Environmental Compliance in India a) EIA Process in India b) Project Location c) Assessment of Alternatives d) Delineation of Mitigation Measures and EIA Report e) Public Hearing f) Monitoring the Clearance Conditions Violations of these Environmental Laws a) No Public Hearing Held b) Incomplete environmental Impact Assessment c) Project Report not Available d) CRZ Violations Due to Reclamation e) Quarrying f) Local Community not Consulted 7 7 8 8 9 9 10 10 10 10 12 12 13 15 15 Impact of the Project on Environment, Livelihood and Traffic a) Protected Species Endangered by Illegal Tree Felling b) Impact on the Livelihood of Local Communities c) The Impact of Additional Traffic – Congestion in South Mumbai d) Increase in Road Traffic a Source of Pollution 16 17 20 20 22 Undesirability of the Project for the City’s Well Being a) Impact due to Blockage of the Mithi River b) Financial Viability and Absence of Realistic Projections of Cost Recovery c) Problems with the Planning and Implementation of the Project 23 23 24 26 Part 3: Alternatives Part 4: Conclusions and Recommendations Part 5: Annexures Annexure Annexure Annexure Annexure Annexure Annexure...
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...“CHILD LABOUR IN INDIA- ISSUES AND RESPONSES” By Mr. Sandip B. Satbhai (Asst. Prof.) CHILD LABOUR IN INDIA- ISSUES AND RESPONSES “A Child is a father of the Man” -William Wordsworth1. Introduction: We can easily recognize the importance of the Child. The above statement has wide scope for interpretation. Child is very important for the development of the society at large. The development of the Nation is exclusively based on the status of the Child. It is also true that this is one of the vulnerable groups in the society. We can also further add that Children are the Assets of the Nation. Children plays very significant role in the Nation building. All these make obligatory on everyone to protect and provide various safeguards to the children. It is our prime duty to provide care and protection towards children as they are innocent. For the progress of the community at large we need to pay attention towards education of children. In reality there are various social evils with children; one of them is Child Labour. The Child Labour system is in existence in developing and underdeveloped counties. As per the information available, India is one of the Countries where in large number of children below the age of 14 years working in various organizations. If there is no proper distribution of work among the member of the society then children automatically forced to do work for their survival. Unemployment of adult members of the particular family results into Child Labour. In...
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...A Monthly Newsletter of Indian Institute of Banking & Finance (ISO 9001 : 2008 CERTIFIED ORGANISATION) (Rs. 40/- per annum) Committed to professional excellence Volume No. : 5 Issue No. : 6 January 2013 Mid-Quarter Monetary Policy Review - 18th Dec., 2012 Monetary and Liquidity Measures q The Cash Reserve Ratio (CRR) of scheduled banks remains unchanged at 4.25% of their Net Demand and Time Liabilities (NDTL). q Repo Rate under the Liquidity Adjustment The Facility (LAF) remains unchanged at 8%. qReverse Repo Rate under the LAF remains The unchanged at 7%. q The Marginal Standing Facility (MSF) and Bank Rate stands at 9%. Growth In Q2 of 2012-13, GDP growth at 5.3% was marginally lower than 5.5% recorded in Q1. On the domestic front, GDP growth is evolving along the baseline projection of 5.8% for 2012-13. Industrial activity rose sharply in October due to a low base and festive demand, propelling the growth of both consumer durables and non-durables into double digits. Significantly, capital goods production recorded a growth of 7.5% after 13 successive months of decline. Inflation Headline WPI inflation edged down to 7.2% in November due to softening of prices of vegetables, minerals and fuel. The new combined (rural and urban) CPI (Base : 2010 = 100) inflation increased in November, reflecting sustained food inflation pressures, particularly for vegetables, cereals, pulses, oils and fats. Monetary and Liquidity Conditions Money Supply (M3) growth remained...
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...GO GREEN - A CHANGE THAT CAN CHANGE OUR LIVES 1. 2. 3. 4. 5. 6. 7. 8. 9. Contents.......................................................................................................... 1 Vision and Mission and definition of Corporate Governance ............................ 2 Introduction..................................................................................................... 3 ICSI Map ......................................................................................................... 4 Objectives and Functions ................................................................................. 5 Council and its Committees and Organisation Structure of the ICSI .................. 6 Role of Company Secretary.............................................................................. 7 Career Path.....................................................................................................11 ICSI at your Desktop.......................................................................................13 10. Company Secretary Management Information Center ...................................14 11. Professional Development and Continuing Education .....................................16 12. Publications ....................................................................................................18 13. Memorandum of Understanding (MOU) .........................................................19 14. ICSI's Major Initiatives in Corporate Governance...
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