8 WAYS Technology is Helping To Fight the CORONA VIRUS 2020

As Corona virus keeps on getting bigger and spreads so is the technology and innovation. It is making peoples life easier in the lockdown by keeping us all virtually connected. Technology is helping the authorities fight this virus.

The Drones in the Skies-

These flying camera birds are helping in patrolling and making sure evrybody is maintaining social distancing. They help the officials check on things and also maintain social distancing at the same time. In remote areas agricultural drones were used for spraying disinfectants. In some parts of the country theyare being used to deliver crucial medical supplies.

Coronavirus: China's tech fights back - BBC News

Online Clinics and Counseling-

Due to this one illness other diseases have lost its importance. People suffering from issues like hypertension and arthiritis are being provided with online medical assistance. Many institutes are also offering online psychological counseling service.

How Technology Has Made Online Medical Consultation Possible ...

Robot nurses and Artificial Intelligence scans

Robots are also used in many Chinese hospitals to deliver food, medicine and other supplies to patients; to disinfect hospitals and other public areas; to check patients temperatures; and to answer common questions. Coronavirus is being   diagnosed using AI, which can read thousands of CT scans in 20 seconds with an accuracy rate of 96%.

Robot nurse helps Italian doctors care for COVID-19 patients

Virtual Classrooms

After weeks of schools being closed, possibly the biggest challenge for parents is keeping children occupied and continuing their schoolwork.  To enable this, many schools have rolled out online learning platforms, where students take courses and teachers give lectures from home, via live-streaming platforms.

With online classes in vogue, schools shift focus to feedback and ...

Research and Development

Within the first few weeks of the virus, China had sequenced the genome. By posting that sequencing online, it trigged a ripple effect in research labs across the world, with a surge in orders for synthetic samples of the virus to build copies of it from scratch. This allowed new treatments to be trialed – even experiments that failed offered vital clues in guiding researchers on where they should focus.

Three TN medical colleges to get virus research labs in 6 months ...

Smartphones and Internet

Smartphones are playing a critical role in reducing exposure. Delivery apps offer contact-less delivery, whereby drivers drop food off at a specific point – including a card stating the temperature of everyone involved in cooking and delivering the food. Another offers users maps marking residential communities with confirmed cases and their proximity to them. Meanwhile, mobile payment apps are reducing transmission along paper money, which can carry viruses for up to 17 days. With the world’s highest penetration of e-wallets and two of the world’s largest mobile pay, Chinese fin-tech is helping to slow the coronavirus spread.

India lockdown throws online delivery out of gear, millions cry

Work From Home

A major challenge during the virus is being able to work.  Several tech companies are offering free online collaborative tools. Other businesses have quickly adopted work-from-home policies, using online meeting software, collaborations platforms and LBS technology to clock in and  ensure employees stay home. At UNDP, the use of Zoom teleconferencing and ERP Platforms have allowed us to keep working.

Coronavirus and Working From Home: How to Keep the Kids Busy - Nelson

Virtually Connected

Compulsory quarantine has disrupted daily life and curtailed social interaction for nearly one fifth of the global population. This is leading millions to meet online instead. Families dine together with relatives in distant cities, raising a glass to each other on camera. Even weddings have been held in Virtual Reality.

Things To Do With Friends While Hanging Out Virtually - Addison ...

While the use of technology can at times present its own challenges, and fuel debates about privacy and public good; in the fight against the coronavirus, it is playing a critical role in offering treatment, information, support, food, schooling and greater safety for many.

Role of media in today’s World.

In today’s world, media has become as necessary as food and clothing. It has played a major role in strengthening the community. The media is seen as the “mirror” of today’s society, infection, is the media thing that sets our lives on fire.

The purpose of the media is to inform people of current, up-to-date news and to tell the latest gossip and fashion. It tells us about people who were geographically divided.

The role of the media has been one way of marketing and marketing products and discrimination. The media claim to be governed by justice and equality, but greed and self-enrichment have not diminished its beauty.
Media in possession of:
1 information
2 education
3 entertainment
4 ads
5 community meeting

The organization is influenced by the media in many ways. It is the media of assistants that help them find information on many things and build ideas and make decisions about various problems! It is the media that keeps people updated and informed about what is happening around them and the world. Everyone can find something in it.

The media has had a devastating effect on generation, especially since, adolescence is highly influenced by the media. Young people and children want to follow the people, who see themselves and do what they do to be noticed. At one point, they focused on the negative part of the media and tried to be part of it. However, many are not defeated by criminal life!

These are things that come to young people’s minds!

The media influence people’s opinion. Many media interventions are all a matter of concern. The media can be considered the “watch dog” of political freedom. Over the years, the media’s emphasis on the news has come. The media these days, they try to watch the news, which can help them sell the information collected around the world, so that they can make way for the success and fame of their channels. Fm radios, newspapers, information available on the net and television are many telephones that work to reduce the communication gap between listeners, viewers and the media world. Because of society and marketing, important statistics, their lifestyles are often directed. Insignificant and meaningless stories, often insignificant, are given first and foremost for one reason or another, they enter the minds of viewers and in many ways, important political, economic and social issues are ignored and little by little, they lose their value!

There is no doubt that the media has played a major role in making the world a global village and narrowing the gap between people living in remote areas but unfortunately, the media is now a FINANCIAL SECTOR, hearing hot news and barriers to sales.

I believe, if the media expresses its responsibility and works with integrity and honesty, then it can serve as a great force in nation building.

Oneplus Nord Finally Launched!

OnePlus Nord in India, Launched, Specifications, Features: OnePlus Nord launched in India for an initial price of Rs 24,999. Here’s everything you need to know about an inexpensive smartphone.

The long-awaited OnePlus aka OnePlus Nord phone is finally official in the country and a few other markets. The OnePlus Nord launched in India at an initial price of Rs 24,999. The phone has three different features in the country – 6GB of RAM / 64GB of internal storage, 8GB of RAM / 128GB storage and 12GB of LPDDR4X RAM and 256GB UFS 2.1 storage. The sale of OnePlus Nord will begin on August 4 at Amazon.in and the official OnePlus website. The 6GB RAM model will only be available in September.

OnePlus Nord launched in India (Express photo: Nandagopal Rajan)
The long-awaited OnePlus aka OnePlus Nord phone is finally legal in the country and a few other markets. The OnePlus Nord launched in India at an initial price of Rs 24,999. The phone has three different features in the country – 6GB of RAM / 64GB of internal storage, 8GB of RAM / 128GB storage and 12GB of LPDDR4X RAM and 256GB UFS 2.1 storage. The sale of OnePlus Nord will begin on August 4 on Amazon.in and on the official OnePlus website. The 6GB RAM model will only be available in September.

Price of OnePlus Nord in India
For India specifically, OnePlus brings a 6GB RAM model and 64GB of storage given its sensitive market. The basic OnePlus Nord 6GB RAM + 64GB internal storage model is priced at Rs 24,999 while the final 8GB model RAM / 128GB and 12GB LPDDR4X RAM and 256GB UFS 2.1 separate storage 27,999 and 29,999 respectively. The smartphone comes with two color options – Blue Marble and Gray Onyx. OnePlus Buds was launched for Rs 4,990 in India.


Specification of OnePlus Nord
The OnePlus Nord is expensive but not a hassle. The phone is great for cameras. The Nord features four image sensors on the back including a 48MP Sony IMX586 main sensor, an 8MP 8MP lens, a 5MP depth sensor and a 2MP macro lens. Previously, the Nord included a 32MP main scanner and a second 8MP image sensor. The smartphone installs a visual fingerprint sensor and detects unlock support by following specific details.
The smartphone features a 6.44-inch AMOLED display that offers a 90hz resolution. The support for the Corning Gorilla Glass 5 front and rear serves as a protection against climbing and cracking. Apart from looks, Nord is also powerful. The phone is powered by a Qualcomm Snapdragon 765G processor with a maximum capacity of 12GB LPDDR4X RAM and 256GB UFS 2.1 storage. Nord runs Android 10 based on O oxygenOS 10.5 and includes a 4115mAh battery with Warp Charge 30T in the box.

OnePlus Nord design
Aside from the affordable price point, the OnePlus Nord looks and feels premium. The phone features a Corning Gorilla Glass 5 front and rear, however, there is no IP rating on this. The rear panel features a set of straightforward quad cameras and a new ONEPLUS logo at the bottom. Earlier, for the first time, the OnePlus phone came with two selfie cameras inside the shaft. The screen has very small bezels, which means we can expect the phone to provide a great multimedia experience. Another good thing about the Nord is that it is not very heavy, it weighs only 184g.

One of the best affordable smartphone !

Police brutality; a serious issue

Recently one very disturbing news came to the public knowledge and caught the attention of social media users. Even though the highlight news of every day is only around the latest updates around the coronavirus, many other important issues are happening all over the world. One such issue is the case of JEYARAJ and PHEONIX, a father-son duo who was allegedly treated very ill by police and indeed caused their death. This happened in the southern state of Tamil Nadu, a town named SANTAKULAM near Thootukodi district. P Jeyaraj, 62, who worked at his mobile shop at Sathankulam town, was taken in custody on June 19 evening.

Jeyaraj allegedly made some critical remarks about a police patrol team on June 18 for insisting shop owners to shut shops early for lockdown rules. An auto driver had informed police about remarks and the police team had come the next day to take him in custody. After an agitated police team had taken Jeyaraj in custody, his son, J Pheonix, 32, followed the police team to the station.

At the Sathankulam police station, a senior police officer said, Pheonix saw his father being physically harassed by an officer. An agitated Pheonix questioned the officer, tried to stop the officer or pushed him to protect his father in his 60s. “It had provoked the police team; they thrashed both father and son for hours. There were two sub-inspectors and two constables in the torture team. A total of 13 officers were there at the station during the incident, including volunteers’ part of Friends of Police,” the officer said.

The alleged lockdown violation charge on Jeyaraj was something that would have got him a maximum of three months’ imprisonment if he was found guilty.

June 20. Jeyaraj’s family who waited outside the station till midnight got to see the father and son in the morning in “bad shape.” They were taken to the Sathankulam government hospital. Jeyaraj’s veshti and Phoenix’s pants were fully soaked in blood. They had to keep changing lungis at the hospital due to severe bleeding. Policemen asked the family to bring “dark colour lungis”.

After three hours at the hospital, they were then taken to Sathankulam magistrate court.

Joseph, Jeyaraj’s brother in law who witnessed the scene, said the magistrate waved his hand from the first floor of the building as the police team stood outside. Both were sent on remand to Kovilpatti Sub Jail in a few moments.

The family had no news about the father and son till June 22 evening, when they were shifted to the nearby government hospital. Due to continuous bleeding and severe external and internal injuries from alleged lock up torture, Phonix died late evening on June 22, and Jeyaraj died in the wee hours on June 23.

What action has been taken?

Even as two FIRs have been filed, no officer has been booked for murder charges. Following the outrage and protests, four police officers including two sub-inspectors have been placed under suspension. The station inspector has been transferred. A judicial inquiry is in progress, the post mortem report has been submitted to the Madras High Court in a sealed cover, and the court is waiting for a report from police.

The state government has announced a compensation of Rupees 20 lakh for the victim family. DMK’s Thoothukudi MP Kanimozhi declared a compensation of Rupees 25 lakh for the family.

Is there a communal angle in the picture?

Jeyaraj’s family belonged to the Nadar community. Multiple accounts from witnesses, relatives of victims and police show that the case had no direct communal angle but it was a brutal revenge by police officers, first for Jeyaraj’s alleged remarks against the police patrol team and for Pheonix’s alleged attempt to physically stop, push away, an officer who was beating his father.

This issue has brought light into something that was sweeped under the carpet for a long time. At least from now on there shouldn’t be any injustice and brutal behaviour from the police department.

Save Girl Child

The existence of human life on earth is not possible without the equal participation of women and men. They have the same responsibility for the survival of the human race on earth. And they are responsible for the development and growth of the nation. However, the presence of a woman is more important than men. Because without him we cannot imagine our existence. Therefore, in order to save people from extinction we must take steps to save the baby girl.

It is a common practice in India where people abort or kill a baby girl by birth. However, they should be saved and given equal opportunity, respect and the opportunity to move on in life. Besides, the future of civilization is in their hands because they are the root of our creation.

Why Does a Girl Need to Be Saved?

There are various evils in our society; one of them which happens to be the desire to have a boy. In Indian society, everyone wants a suitable mother, sister, wife and daughter. But they never wanted the girl to be her blood relative. Besides, there are other social ills that force many parents to avoid having a baby girl. These are some of the bad things in society that kill people, kill women and others.

What Can Girls Do?

Although girls are ahead of boys in many fields, people still choose a boy. Girls prove themselves better at every grade than boys. And because of their hard work and dedication, they have been in space again. They are more capable, obedient, hardworking, and responsible for their family and health. Besides, girls care deeply and have great love for their parents. Above all, they contribute 100% to all work.

The following are the steps taken by the Government of India to save the Girl Child

For baby girls the government has taken many steps and launched many campaigns to save it. Beti Bachao, Beti Padhao (Keep the baby girl) is a very early initiative by the government to encourage people to save the girl. In addition, many NGOs, companies, corporate groups, the human rights commission are running a various campaign to save the baby girl.

Crime against women is a major obstacle to the development and growth of the country. However, the government takes this issue seriously and prevents female genital mutilation to prevent detection of sexual orientation, amniocentesis, and testing of tests in hospitals and labs. The government is taking all these steps that the public knows that girls are a gift from God and not a burden.

Our Participation

Saving a girl The first step begins with our home. We should encourage our family members, neighbors, friends and relatives to save themselves and let other people know about them. Also, we should be happy for a family member to have a baby girl instead of a boy.

My favourite subject

As a student, everyone excels in some subjects and not in the others. Of course, there are some students who do well in all of them, but that number is low. However, almost every student has a favourite subject. It does not matter if it’s related to academics or arts. Personally, my favorite subject is English. I have always scored well on the subject because I understand it well. It makes learning effortless and I always manage to get good marks. There are other subjects I like too but English definitely tops my list. I never get bored of it and am always ready to study it.

Reason For Favouritism

There are many reasons as to why I enjoy studying English. The major one is that it enhances my reading skills. Ever since my childhood, my mother has always read stories to me. So, I developed a habit of reading and listening to stories. As my reading skills get polished through English, it helps me in other subjects too. I grasp the concepts better through reading.

Furthermore, through English, I developed a knack for writing. I absolutely enjoy writing essays and articles. It is only through English, that I started writing my own work. This helps me in forming incredible answers for other subjects as well. It gives me the experience to use accurate words and sentences to convey my message better.

Most importantly, I love fictional stories in English. I love how it always has some lessons in them to learn. They also apply in real life and help me make wise decisions. The stories in English novels and plays always keeps me entertained. It also enhances my imagination powers.

A Scoring Subject

English is definitely a scoring subject which makes it even more special for me. I am an average student who does not take much interest in Science. I manage to get decent marks in the subjects, but in English, I score well. When we compare English to other subjects, we see it is most scoring.

English does not demand word to word answers. It gives the child a chance to play with words. It gives them the creative liberty to speak their minds out. For instance, in Maths, you cannot create your own formulas. You must copy the same exact one taught in the syllabus. But, in English, we can compose our own answers based on our understanding and intelligence.

In addition, English teachers are usually more approachable and understanding. In other subjects, the teachers always have to stick by the book and literally make students mug up the formulas and theories. The English teacher takes time to make them understand each phrase. They allow the students to interpret it as per their intellect. This empowers the child too so they can put their own thinking in it.

In short, I absolutely love English. It gives me the chance to excel without putting too much pressure on me. I get to play with words and form my own interpretations. This helps me get the creative freedom I do not get in other subjects.

Recent Tax Announcements made and Regulatory Reliefs given due to the COVID-19 Effect : An Indian Context

As the world battles the COVID-19 pandemic, countries are moving to stringent measures like lockdowns and curfews. With markets crashing, the global economy is staring at a deep distress.

Entire world is fighting against epidemic COVID 19 outbreak and Hon’ble Prime Minister of India Sh. Narendra Damodardas Modi has taken much need precautionary step of complete lockdown from midnight 12’o clock of 24th March, 2020 onwards for next 21 days and again extended to 3rd May, 2020 for another 19 days.

In this difficult environment, each regulatory body is releasing relief measures and guidelines for easing out the impact of COVID 19. On the financial and compliance front, announcements have been flowing from the Government authorities in the form of deferment of statutory due dates or relaxation in payment terms to overcome the financial crisis being faced due to lock-down.

Similar to several countries, the Government of India has begun working on an economic package to deal with the impact of the pandemic. Realising the hardships faced by its citizens, the Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman has announced several important relief measures on tax and regulatory aspects.

The Finance Minister also announced that necessary legal circulars and legislative amendments for giving effect to these relief measures will be issued by the concerned Authority.

Following is the summarised form of the key announcements made by the Finance Minister here below:

Direct Taxes

1. Extension of tax return filing deadline

The deadline for the following types of tax return have been extended from 31 March 2020 to 30 June 2020

  1. Belated income-tax return for tax year 2018-19
  2. Revised income-tax return for tax year 2018-19

2. The timeline for linking Aadhaar with PAN has been extended to 30 June 2020

3. Relief with regards to delay in payment of taxes

  • Interest at the reduced rate of 9% (i.e. 0.75% per month instead of 1/1.5 percent per month) will be charged on delay in respect of following payments made between 20 March 2020 and 30 June 2020:
    1. Advanced tax
    2. Self-assessment tax
    3. Regular tax
    4. Taxes withheld or collected at source
    5. Equalization levy
    6. Securities Transaction Tax and
    7. Commodities Transaction Tax
  • Penalty and late fees in relation to the above mentioned payments are to be waived off

4. Extension of compliance due dates

In respect of the following, where the due dates fall between 20 March 2020 and 29 June 2020, the revised due dates shall be 30 June 2020:

  • Issue of notice
  • Intimation
  • Notification
  • Approval order
  • Sanction order
  • Filing of appeal
  • Furnishing of return, statements, applications, reports, any other documents
  • Completion of proceedings by the authority and
  • Any compliance by the taxpayer including investment in saving instruments or investments for roll over benefit of capital gains

5. The Direct Tax Vivad se Vishwas Act, 2020:

The timeline for payment of disputed arrears without attracting additional 10% amount under the Vivad se Vishwas Scheme extended from 31 March 2020 to 30 June 2020.

Indirect Taxes

1. Extension of GST return filing deadlines:

  • The last date for filing the forms GSTR-3B due in months of March, April and May 2020 (i.e. returns of February, March and April 2020) will be extended till 30 June 2020 (in staggered manner)
  • Date for filing GST annual returns of FY 18-19, which is due on 31 March 2020 is extended till the last week of June 2020

2. Relief in respect of payment of taxes

  • For those having aggregate annual turnover less than INR 50mn, no interest, late fee, and penalty will be charged for the period
  • However, for those having an aggregate annual turnover of more than INR 50mn, a reduced rate of interest @ 9% per annum will be charged from 15 days after due date (current interest rate is 18 % per annum) for the delayed payment between 20 March 2020 and 30 June 2020, but no late fee and penalty will be charged if complied before 30 June 2020
  • Last date for making payments by the Composition dealers for the quarter ending 31 March 2020 will be extended till the last week of June 2020
  • Payment under Sabka Vishwas Scheme shall be made without interest till 30 June 2020

3. Extension of compliances due dates

In respect of the following under GST law, where the due date falls between 20 March 2020 and 29 June 2020, shall be extended to 30 June 2020:

  • Issue of notice
  • Notification
  • Approval order
  • Sanction order
  • Filing of appeal and
  • Furnishing of return, statements, applications, reports, any other documents

4. Date for opting for composition scheme for the F.Y. 2020-2021 is extended till 30 June 2020

5. 24X7 Custom clearance till end of 30 June 2020

Corporate Laws 

1. CARO 2020

Applicability of Companies (Auditor’s Report) Order, 2020 will be effective from FY 2020-2021

2. Board meeting

The mandatory requirement of holding Board meetings within prescribed interval provided by the Companies Act, 2013 (120 days) shall be extended by a period of 60 days till next two quarters i.e. till 30 September

3. Meeting of Independence Directors

For FY 2019-20, if mandatory one meeting of independent directors is not held, the same will not be treated as non-compliance

4. Form INC-20A- Declaration of commencement of Business

New Companies being given 6 more months for filing declaration of commencement of business

5. Debenture

Time line to invest 15% of debentures maturing in a particular year has been extended from 30 April 2020 to 30 June 2020

6. Deposit Reserve

Requirement of creating a Deposit Reserve (equal to 20%) of deposits maturing during FY 20-21, extended to 30 June 2020 instead of 30 April 2020

7. Minimum residency

Non-compliances with 182 days residency in India by Director will not treated as non-compliance

8. No Additional Fees

Moratorium period from 1 April 2020 to 30 September 2020, during which no additional fee would be charged in respect of any filing, irrespective of its due date

9. Insolvency and Bankruptcy Code 2016 (IBC)

  • Minimum amount of default required to initiate insolvency and liquidation on corporate debtors raised from INR 1 lakh to INR 1 crore, effective immediately, in order to prevent admission of MSMEs defaulting due to economic conditions in lieu of COVID-19
  • Proposed Suspension of new initiations of Corporate Insolvency Resolution Process under Sections 7, 9 and 10 of IBC for 6 months, contingent upon scenario beyond 30 April 2020 as a safeguard companies from defaults attributable to financial downturn pursuant to the COVID-19 pandemic

Among the measures announced late on Tuesday, the government extended the e-way bill validity for the second time since the lockdown was imposed. The e-way bill generated on or before March 24 and expiring during the March 20-April 15 period would now be valid till May 31. This is likely to help trucks stuck en route to reach their destinations.

Further, the notification extended by three months the deadline for furnishing the annual return and GST audit for financial year 2018-19 to September 30. Additionally, a taxpayer can now furnish monthly return GSTR-3B showing nil sales through SMS using the registered mobile number. This return would be verified by a registered mobile number based one-time password (OTP) facility, the notification said.

WEBSITES REFERRED

1)https://www.mondaq.com/india/operational-impacts-and-strategy/915470/covid-19-impact-indian-government-announces-tax-and-regulatory-reliefs

2)https://vjmglobal.com/blog/covid-19-statutory-businesss-regulatory-relief/

3)https://www.financialexpress.com/economy/procedural-relief-to-gst-payers-but-experts-say-no-substitute-for-financial-package/1950617/

4)http://www.lawstreetindia.com/experts/column?sid=354

5)https://www.a2ztaxcorp.com/fm-releases-ordinance-on-direct-tax-on-relaxation-provided-on-24th-march-2020/

6)https://www.a2ztaxcorp.com/fm-releases-ordinance-on-indirect-tax-on-relaxation-provided-on-march-24-2020/

7)https://dashnews.org/tax-day-in-the-u-s-causes-confusion-within-the-crypto-space/

Sweet are the Uses of Adversity”

When a man is doing well, he feels that the world is all good and pleasant. He hardly knows what suffering is or can be. Everything seems so rosy and cosy in life. But when one falls into adversity, one has to gird up his loins and face the realities, stand up to them and to fight them through.very cloud has a silver lining’ that is how a saying goes. Adversity Suffering and Poverty has also its advantages. Suffering brings out in man’s character his capacity to endure; his strength of character and his self- confidence.

When a man is doing well, he feels that the world is all good and pleasant. He hardly knows what suffering is or can be. Everything seems so rosy and cosy in life. But when one falls into adversity, one has to gird up his loins and face the realities, stand up to them and to fight them through.

There are some who would just surrender to sorrows and lose all courage and whine and weep they are the chicken hearted persons who crumble and crash with the little pressure. They hardly deserve to be a man. Those who stand up to face the misfortune are men of faith and fortitude they have faith in themselves and faith in God they know that even the worst turns into the best.

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Life is a story of ups and downs that is how they take the moments or the period of adversity. Adversity also puts to test so many things. It puts to test your friends too. Prosperity wins friends, adversity tests them. True friends are those who would keep up their closeness even during the period of adversity of their friend.

Thus, adversity has its own ‘Sweet uses’ it puts to test a man’s own character; his courage and his confidence in himself as also it puts to test the world around. Life’s path has ruggedness too and that also has its lessons to give; if one walks on that path for some time and thereafter reaches the golden goal, how pleasant does that seem. One judges the goodness by contrast.

If the clouds are not dark the flash of lightening would not is dazzling. Misfortunes make the return of fortunes look so pleasant these are sweet uses of adversity.

A man often falls on evil days. He then generally curses his lot. False friends, that are many in number, may at that time of adversity will desert him. But the man in adversity should not lose heart. For to rely on others is to build on sand. One should really on one’s good right hand. For self-help is very often the best help.

In difficulty or crisis, the latent or sleeping powers of a man are evoked and called into play. With this awakened power, he can struggle hard to overcome his misfortune. Were he not in adversity, he would have no idea of his innate capacity and latent power. Scarcity of sugar during the War made the discovery of saccharin possible. Therefore, adversity is a blessing in disguise. Only during crisis, a man should not lose patience but carry on boldly and resolutely. Indeed, adversity has an effect on the character of a man.

Suspension Of Insolvency And Bankruptcy Code (IBC)

An ordinance was recently approved to amend the IBC in order to provide relief for the businesses and corporates after the pandemic and subsequent lockdown significantly impacted most of their economic activities.

Section 10A was introduced in the Code which suspended the following sections 7, 9 and 10 of the provision. Section 7 provided for initiation of insolvency proceedings by financial creditors, Section 9 provided the same creditors and Section 10 for a corporate applicant.  The introducing provision suspended filing for initiation of corporate insolvency resolution process of a corporate debtor for any default for a period of six months extendable up to a year.

The Economic stress because of the ongoing pandemic COVID-19 led to the various losses in the different sectors. The Industries are grappling with continuous supply chain breakdown, trouble handling the slowdown in demand, face unavailability of labour and ultimately, finding themselves in positions with inabilities to complete the contracts. Moreover, the service sectors such as aviation or hospitality are also facing reluctance of the customers because of the precautionary lockdown. The entire by-product increased stress and number of debt-laden Indian corporates.

There is also a concern over the value money as currently under IBC there are around 220 unresolved cases which means that only 44 per cent amount of the total debt has been recovered yet since the commencement of this mentioned law in 2016. Moreover, for every one case which is left resolved there are four cases which would end up in liquidation, hence a situation where the recovery falls down to 15-25% sharply. Specifically guiding that the creditors would have to undergo large cuts on their loans.

The litigation pressure on judiciary has also then increased since the judicial system, already as burdened as such, would have to handle a huge influx of cases after the suspension of IBC.

In addition to that there is also a ballooning of liabilities without resolution. When a corporate applicant or creditors themselves cannot initiate the insolvency proceedings, it consequently restrict the exiting of a business and also lock-up its following assets. Therefore, only further deteriorating their position in terms of value and only leading to losses.

The suspension of this specific law will also negate the two states objectives. The objective of faster resolutions and the objective of value maximization under IBC.  The creditors will thus be forced to turn to older mechanisms to help them address defaults. This diversion from the Code to other methods may alternatively result in innumerable recovery cases. Along with it there can also be a flow of various security enforcement cases being filed, thereby only further burdening the courts.

The decision also the potential to hamper the economy in the long run if there is any absence of definite and timely resolution. In a case where the NPAs of banking sector may rise and increment their lending rates. Hence, hampering the investment and of course credit cycle, most probably lowering investor the confidence.

As the introducing provision required the proceedings under IBC to never be able file for default occurring in the suspension period, so:

  1.  The Promoters of the companies that may have the capacity to repay dues could intentionally force a default during this period and get safe from never to be held accountable under the IBC.
  2. While only the pandemic-related cases should get the benefit of this absolution, it will particularly be very much tough to pinpoint why only a pandemic serves as the reason for the non-servicing of loans.
  3. Furthermore, it can adversely affect operational creditors, such as the suppliers and the vendors. They would not be able to file insolvency proceedings which may go on to lead to artificial delays in payments done by corporate debtors on them.  

Also there has been no suspension against personal guarantors of a company. That is, the directors or promoters of any company who have provided personal guarantees to its lenders, might still find a position in the insolvency court under IBC. The ordinance in addition to that, does not grant any relief to applicants whose resolution plans got approved of late.

The ability to implement the said plans will be undoubtedly be directly impacted by such interruptions going forward.

The EXACT 10 Steps You Need- to become a BETTER Writer

I receive more than 50 E-mails a day from people all over the world asking me for “TIPS” on becoming a WRITER. Didn’t you just write me a mail ? That makes us all writers. But people think of writing as an ART which only few possess, WHY? Because they write everyday. However there are some who simply want to get better at writing just like you and me.

Here are some tried and tested steps on how to become a writer specifically a better one:

5 Steps To Becoming a Professional Writer | BKA Content

STEP 1:

Pick up a pen and a paper without thinking too much. Nowadays, I write on my mobile phone by typing whatever comes to my mind. So pick up the writing tools of your choice and sit in a comfortable place.

STEP 2:

There is no style of writing or rules to what not to write. You are your own rule-maker so instead be the rule-breaker. Write your own style.

STEP 3:

DO NOT start writing for the trend of it. Write what you feel connected to. Become the trend setter by pouring your heart into those words.

STEP 4:

If the purpose of your writing is to publish the work then write what you will read as an audience.

STEP 5:

It is okay to take inspiration from other Writer’s work. BUT don’t copy the entire content. Ideas can be shared but thoughts should be your own.

STEP 6:

There is no Language of Writing. My thoughts occur in my mother tongue-Tamil– and my regional language- Hindi/Marathi-; however, my education was in- English; hence I find comfort in it. Never feel embarrased about the language of your writing, it is your greatest super power.

STEP 7:

Write Everyday or at least every alternate day. Writing was an art in the past but today it is a skill which can be developed by practice and habitual scribbling of thoughts and opinions.

STEP 8:

Be relatable in your writing. Readers like to read articles which relate to them and hence they feel hostile and comfort in your words. I often portray myself as the character in my stories, the one who got to gain the experiences that life threw at me. Chances are all humans face similar challenges in life. Relatable AF!

STEP 9:

Let your writing be creative and free-flowing. You can always edit it later with but your initial draft should be fresh. To put it more easily- WRITE DRUNK BUT EDIT SOBER.

STEP 10:

Send your works to people who always motivate you – friends, family or even professional writers like me and many others. This will motivate you to write more regularly and also to feel validated and improve yourself in the process. Learn and grow fellow WRITERS!

Hope these tested steps qualify as practical tips to anybody in need. Do COMMENT your steps, to becoming a better writer in the comments below or leave a comment if you need more TIPS.

Till then – EAT- SLEEP- WRITE- REPEAT.

Job satisfaction And Quality Of Work Life in Private Sector

Earlier people had sincerity and commitment in the work they do. But today an employee would
not believe in such values of work. He works very hard to get a handsome salary to sustain his
living. Along with this the most interesting motivation is the quality of working life which is a
systematic approach to design and a promising development in the broad area of job enrichment.
The criteria for measuring the quality of work life are Adequate and fair compensations, healthy
working conditions, Opportunity to use and develop human capacities, Opportunity for career
growth, Social Integration in the workforce, Work and quality of life, the Social relevance of
work etc. The study shows that when there is better quality at work the productivity of the
employees’ increases. Thus the quality of work life can lead to organizational effectiveness;
organizational commitment, job satisfaction, providing employee motivation; personal growth
and development enhance competencies which in turn would lead to increase productivity and
profit. It also becomes important that suitable working condition will definitely influence the
quality of work. The main aim of this research is to study the quality of work life of the private
sector employees. Interview scheduled and the objectives are to study the various issues of the
private sector employers and job satisfaction. 50 private service employees were selected
randomly for the research to ask their opinion and the issues. Both primary and secondary source
of information is used in the study.

AIM OF QUALITY OF WORK LIFE
(QWL)


The quality of work life (QWL) is a large step
forward from the traditional job designs of
scientific management, which focused mostly on
specialization and efficiency for the performance
of narrow tasks. As it evolved it used full
division of labor, raged hierarchy and
standardization of labor to rich its objective of
efficiency. The idea was to lower costs by using
unskilled, respective labor that could be trained
easily to do a small part of the job. A large
hierarchy that strictly enforced the one best way
of work as defined technical people controlled
job performance. The result was higher turnover
and absenteeism, quality declined and workers
became alienated, conflict arose as workers tired
to improve their conditions. Some of the criteria
for measuring the quality of work life (QWL)
are; Adequate and fair compensations: These are
different opinions about adequate compensation.
The committee on fair wages defined fair wage
as the wage which is above the minimum wage
but below the living wage. Safe and healthy
working conditions: Most of the organizations
provide safe and healthy working conditions due
to humanitarian requirements. Opportunity to
use and develop human capacities: contrary to
the traditional assumptions the quality of work
life (QWL) is improved to the extent that the
worker can exercise more control over his or her
work.

SPECIFIC ISSUES IN QUALITY OF
WORK LIFE (QWL)


Pay and stability of employment: Good pay still
dominates most of the other factors in employee
satisfaction. Various attractive means for
providing wages should be developed in view of
the increase in the cost of living index,
enhancing the facilities for human resource
management can provide stability to a greater
extent.
Occupational stress: Stress is a condition of
strain on one’s emotions, thought the process
and physical conditions, stress is determined by
the nature of work. Working conditions,
working hours, pause in the work schedule,
worker’s abilities and nature and match the job
requirements.
Organizational health programs: Organizational
health programs aims at educating employee
about health problems, means of maintaining
and improving health etc. Effective
implementation of these programs results in the
reduction in absenteeism, hospitalization,
disability, excessive job turnover and premature
death [10-12].
Recognition: Recognizing the employee as a
human being rather than as a labourer increases
QWL participative management, awarding the
rewarding systems, congratulating the employee
for their achievement, job enrichment, offering
prestigious designation and providing well
furnished and decent workplaces, offering
membership in clubs or association, providing
vehicles offering vacation trips are some means
to recognize the employs.

CONCLUSION


The term quality of work life is well-accepted
fact, that an employee spends one-third of their
life in the workplace. Whatever they do at their
workplace, they carry it back to their home and
the situation prevailing at their home affects
their performance at work. The study shows that
when there is better quality at work the
productivity of the employees’ increases. Thus
we can conclude that by increasing the quality of
work life, it can further lead to organizational
effectiveness, organizational commitment, job
satisfaction, providing employee motivation,
which in turn would lead to increased
productivity and profit. It also becomes
important that suitable working condition will
definitely influence the quality of work.

Paperless office- Need and want of the hour

paperless office or paper-free office is a work environment in which the use of paper is eliminated or greatly reduced. This is done by converting documents and other papers into digital form, a process known as digitization. Proponents claim that “going paperless” can save money, boost productivity, save space, make documentation and information sharing easier, keep personal information more secure, and help the environment. The concept can be extended to communications outside the office as well.

Environmental impact of paper

Some believe that paper product manufacturing contributes significantly to deforestation and man made climate change, and produces greenhouse gas. Others argue that paper product manufacturing, especially in North America, supports the ecological and economic balance of sustainable forestry. According to the 2018 American forest assosiation Sustainability Report, paper manufacturing decreased greenhouse gas emission by 20% in an eleven-year period.Measures such as recycling can help reduce the environmental impact of paper. Some paper production outside of North America may lead to air pollution with the release of nitrogen oxide (NO2), sulfur oxide (SO2), and carbon dioxide(CO2). Waste water discharged from pulp and paper mills outside of North America may contain solids, nutrients, and dissolved organic matter that are classified as pollutants. Nutrients such as nitrogen and phosphorus can cause or exacerbate eutrophicatiob of fresh water bodies.

Printing inks and toners are very expensive and use environment-damaging volatile organic compounds, heavy metals and non-renewable oils, although standards for the amount of heavy metals in ink have been set by some regulatory bodies. Deinking recycled paper pulp results in a waste slurry, sometimes weighing 22% of the weight of the recycled wastepaper, which may go to landfills.

Eliminating paper via automation and electronic forms automation

The need for paper is eliminated by using online systems, such as replacing index cards and rolodexes with databases, typed letters and faxes with email, and reference books with the internet.[Another way to eliminate paper is to automate paper-based processes that rely on forms, applications and surveys to capture and share data. This method is referred to as “electronic forms” or e-forms and is typically accomplished by using existing print-perfect documents in electronic format to allow for prefilling of existing data, capturing data manually entered online by end-users, providing secure methods to submit form data to processing systems, and digitally signing the electronic documents without printing.

The technologies that may be used with electronic forms automation include –

  • Portable Document Format (PDF) – to create, display and interact with electronic documents and forms
  • E-form (electronic form) management software – to create, integrate and route forms and form data with processing systems
  • Databases – to capture data for prefilling and processing documents
  • Workflow platforms – to route information, documents and direct process flow
  • E-mail (electronics email) communication which allows sending and receiving information of all kinds and enable attachments
  • Digital signature solutions – to digitally sign documents (used by end-users)
  • Web servers – to host the process, receive submitted data, store documents and manage document rights

Difficulties in adopting the paperless office

A major difficulty in “going paperless” is that much of a business’s communication is with other businesses and individuals, as opposed to just being internal. Electronic communication requires both the sender and the recipient to have easy access to appropriate software and hardware. Costs and temporary productivity losses when converting to a paperless office are also a factor, as are government regulations, industry standards, legal requirements, and business policies which may also slow down the change. Businesses may encounter technological difficulties such as file format compatibility, longevity of digital documents, system stability, and employees and clients not having appropriate technological skills.

For these reasons, while there may be a reduction of paper, some uses of paper will likely remain indefinitely. However, a 2015 questionnaire suggested that nearly half of small/medium-sized businesses believed they were or could go paperless by the end of that year.

PM Modi urges newly elected BJP Rajya Sabha MPs to be effective on the floor of the House

Prime Minister Narendra Modi today interacted with newly elected BJP Rajya Sabha MPs and urged them to keep themselves d with the latest policy issues. 

He stressed on the need to be effective on the floor of the House as well as in the field among people. During the interaction, Mr. Modi reiterated the need for constantly connecting with people and embracing latest technology as well as social media. 

In a series of tweets, the Prime Minister said, it was wonderful to hear their views and passion towards public service. He added that the group of MPs will certainly make effective contributions to Parliamentary proceedings.

Centre to release over 300 crore rupees as first installment under Flood Management Programme to Assam

In order to effectively manage the relief and rehabilitation works in flood-hit Assam, Union Jal Shakti Minister Gajendra Singh Shekhawat assured to release an amount of 346 crore rupees immediately from his Ministry to Assam as the first installment under Flood Management Programme (FMP). The Union Minister  conveyed it to Assam Chief Minister Sarbananda Sonowal during a video conference held last evening.

The Chief Minister had appealed to the Union Minister to allocate funds to the State Government to strengthen 5,000 kms of embankments built since 1951 in the state, which would now be turned into road cum embankments.

In response to the request made by the Chief Minister to take up the matter of flood waters from Bhutan inundating a large area in lower Assam every year, Mr. Shekhawat assured that the Centre would soon hold discussions with the Bhutan Government.

Our Correspondent reports that over 26 lakh people have been affected due to the flood in 26 districts and 89 persons have lost their lives so far.

Fourteen-day complete lockdown to come into force in Manipur from this afternoon

In Manipur, complete statewide lockdown and curfew will  begin from 2.00 P.M. today for 14 days. A State Cabinet Meeting chaired by the Chief Minister held last evening reviewed the COVID-19 situation in the state and decided to implement the complete lockdown as a preventive measure.

After the Emergency Cabinet Meeting held last evening, Manipur Chief Minister N. Biren Singh announced that there will be a 14-day lockdown in the entire area of Manipur from this afternoon. The Chief Minister said that the decision to implement complete lockdown has been taken after some people, who do not have travel history, were found positive of COVID-19 in the state. He said, the government will enforce the lockdown and curfew strictly and appeal to the people of the state to cooperate with the decision of the government.