Zojila Tunnel will be the longest road tunnel in India. And, more importantly, it will be the longest bidirectional road tunnel project in Asia
The construction of this tunnel will provide all-weather connectivity between Srinagar, Kargil and Leh. It will cut down the time taken to cross the Zojila pass from the present three and a half hours, to just fifteen minutes.
— PMO India (@PMOIndia) May 18, 2018
‘Swarnanool’ has a mission to empower economically backward women in Kerala
Swarnanool, an initiative by IT Milan Seva Foundation, has a noble aim of supporting economically backward women in the fields of tailoring and embroidery
IT Milan Seva Foundation, based at Infopark, Cochin, Kerala, has come up with a noble initiative to support economically backward women in the state. Swarnanool (Golden thread) is a project that aims at developing new skills and support system for small-scale women entrepreneurs in the fields of tailoring and embroidery.
“The women wing of IT Milan Seva Foundation will lead the project. We have identified 40 rural and semi urban locations to implement the project in the first phase, giving priority to the flood affected areas,” says the organisers.
The project also offers training in marketing aspects, quality control, and financial management
“The volunteers of IT Milan Seva Foundation will associate closely with the women community of the selected areas. They are skilled in tailoring and experienced in running tailoring units as self-employment. The project provides them infrastructural support like tailoring machines, tables and other essential materials along with business consultation through a pool of experts from the industry. And they need to give it back to society by training a minimum of three economically backward women in tailoring and embroidery,” says people associated with the project.
What about the sustainability of the programme? For that IT Milan has appointed project coordinators and managers in each location, they will track the progress of the initiative in every unit, and will ensure that all is well.
The project also offers training in marketing aspects, quality control, and financial management.
India is becoming a smartphone manufacturing hub under Modi’s rule
Indian Prime Minister Narendra Modi’s ‘Make in India’ campaign has turned the country into a manufacturing hub for the fast-growing smartphone market
Indian Prime Minister Narendra Modi’s pet project Make in India has invoked diverse reactions from different quarters since it launched in September 2014. Some call it a big hit, and indeed, for the opposition it’s just a publicity stunt. But the project seems to be a keystone for the smartphone manufacturing sector in India.
There was a time, even Indian mobile manufacturers used to export ready-made devices from China to sell in the regional market. It was the business model even for the much-hyped desi brands like Micromax.
What India needs to do is manufacturing mobile handsets and high-value smartphone components for the world
However, the time has changed. Modi’s smart move to impose duties on imports made the smartphone companies to change their minds. Now, from local player Lava to Chinese giant Oppo, the viable business model is manufacturing mobile phones in India itself. The Chinese companies pull in record sales every quarter, and they don’t want to miss the great potential of the Indian market.
Over 380 million of the India’s phone subscribers still do not have a smartphone. That’s where the phased manufacturing plan initiated by Narendra Modi makes sense. To tap this potential, brands like Oppo and Xiaomi are planning big in India in terms of manufacturing and job creation.
More than 120 new manufacturing units have created about 450,000 jobs in the mobile phone industry over the past four years, according to the Indian Cellular and Electronics Association. The recently published ICEA-McKinsey Report 2018, states that India can manufacture 450 million mobile devices by 2025, employing 18 lakh people in the industry.
The size of the mobile manufacturing sector will hit 80 billion dollar by 2025, the same report noted. It needs to be noted that in July 2018, South Korean giant Samsung opened the world’s largest mobile manufacturing plant in Noida, extending a great fillip to Modi’s Make in India campaign.
More than 120 new manufacturing units have created about 450,000 jobs in the mobile phone industry over the past four years, according to the Indian Cellular and Electronics Association
“This occasion is extremely important in the direction of making India a global hub of manufacturing. The investment of Rs. 5,000 crore will not only strengthen the business relations of Samsung in India but will also be very important for the relations between India and Korea. Samsung’s global R&D hub is based in India and now this manufacturing facility will further enhance our pride,” Modi said during the inauguration of Samsung’s plant on July 9, 2018.
Big things in the offing
Experts are of the opinion that if India can change the focus of mobile manufacturing in an export-oriented mind-set, it would transform the sector in a revolutionary manner. What India needs to do is manufacturing mobile handsets and high-value smartphone components for the world. Major brands should treat the country as their export hub. As per the report by ICEA-McKinsey, it can create around 47 lakh jobs, paving the way for a big leap in the sector to reach a size of $230 billion.
Pro-nationalist thinker S Gurumurthy appointed as part-time RBI director
A staunch advocate of Swadeshi economics, Gurumurthy is known for his nationalistic views on various issues including demonetization
Narendra Modi-government has appointed Swaminathan Gurumurthy and Satish Marathe as part-time directors on the board of Reserve Bank of India (RBI), indeed, a move that would please the Swadeshi group in Sangh Parivar.
Gurumurthy, a chartered accountant by profession, has been a staunch advocate of Swadeshi economics, known for supporting Narendra Modi’s crucial reforms including demonetization.
For him, the Swadeshi philosophy is contrary to the idea of protectionism
Gurumurthy is also the co-convenor of Swadeshi Jagaran Manch, an organisation affiliated to the RSS (Rashtriya Swayamsevak Sangh), which has been promoting national self-reliance since its inception in 1991.
“Story of my appointment as director RBI. This is the first directorship ever. Never accepted any private or PSU directorship. Not even audit of PSUs or Pvt cos. Wanted to be free to speak. But when pressure built up I am needed to do something in public interest I had to accept,” Gurumurthy tweeted.
Story of my appointment as director RBI. This is the first directorship ever. Never accepted any private or PSU directorship. Not even audit of PSUs or Pvt cos. Wanted to be free to speak. But when pressure built up I am needed to do something in public interest I had to accept.
— S Gurumurthy (@sgurumurthy) August 8, 2018
One of the most influential figures in the Sangh, Gurumurthy has succeeded in projecting ‘Swadeshi’ ideology as an ideal platform for India to take her growth to next level.
For him, the Swadeshi philosophy is contrary to the idea of protectionism.
He belongs to the league of Hindutva idelogues who think that India has to bank on development models that will work for India instead of importing the economic ideas from the West.
Sathish Marathe, founder of Sahakar Bharati, has also got entry into the RBI board along with Gurumurthy.
Marathe has been associated with the cooperative movement in the country as the head of Sahakar Bharati, an organisation functioning under the aegis of the RSS.
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