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Developed India Needs Civil Governance Reforms for Inclusive Growth by 2047

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Achieving a developed India by 2047 requires significant reforms in civil governance to foster inclusivity, ensuring that every citizen can realize their full potential. A focus on double-digit growth to boost per capita income and enhancing human capital is essential, especially as half of the population is projected to live in urban areas over the next decade. Institutional flexibility and autonomy must be introduced in areas such as education, health, and nutrition. Civil governance reforms need to prioritize the bottom quintile of income earners, skilling, green growth, and urban living standards. To ensure effectiveness, decentralizing community action under the leadership of gram panchayats and urban local bodies is vital, with a strong role for women’s collectives in monitoring progress. The need for institutional flexibility, transparency in standard setting, city-wide planning, and capacity development is critical. A right to public services with guaranteed compliance, along with community-led action, will complement these changes. Furthermore, convergence across sectors such as education, health, nutrition, and employment is vital, as improvements in one sector often lead to benefits in others. To ensure accountability, data on public service performance, validated by local governments, should be made publicly available. The Sustainable Development Goals (SDGs) framework can serve as a measure for governance success, with processes like the Mission Antyodaya Survey providing data on progress at the local level. Innovations in human resource engagement, performance-based assessments, and longer tenures for development functionaries are essential for sustained improvements in human development. Ultimately, evidence-based governance driven by community-led planning, transparent beneficiary selection, and conviction-based leadership is the key to realizing an inclusive and developed India by 2047.

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Prof N M P Verma, Vice Chancellor, Babasaheb Bhimrao Ambedkar University emphasised on the foundation of startups

ArdorComm Interview

“The current economic philosophy emphasizes disinvestment, market growth, CSR, and the hiring of technologists and professionals by corporate sectors.” Said Prof N M P Verma, Vice Chancellor, Babasaheb Bhimrao Ambedkar University We would like to know more about your university. Under your leadership, how has the university expanded and flourished, and what is your vision for the coming years? This university was established by the Parliament of our country in 1997, and over the last 25 years, it has established itself in various disciplines such as social sciences, technology, engineering, science, environmental science, mass communication and journalism, law, and many more. We have two centers here, one of which was previously occupied by IIIT, and we are now developing that campus. We have around 800 students, 400 teachers, and 1,000 non-teaching staff, along with approximately 1,000 PhD scholars. Our campus spans about 250 acres, equipped with full infrastructure, and is located in the heart of the city near the airport, with easy access via the highway. The university is a NAAC A++ accredited institution, and we recently organized a NAAC workshop for the North Zone. We have also advocated for changes in the NAAC rating policy to ensure that only truly deserving universities receive the highest ratings. In the 21st century, how important are skills and employability, and how is your university progressing in this direction? Education is intrinsically linked to employability, knowledge generation, peace of mind, pleasure, and even entertainment. But fundamentally, education provides livelihood. We all work for our livelihood, seeking wealth, assets, and luxury. In this century, especially in a country with a rapidly growing population like ours, employability is crucial. If more and more educated people remain unemployed, it indicates that the country is not progressing, which could lead to violence, political instability, and social issues. My humble suggestion is to link education with ethics to prevent moral erosion in society. Character building is essential, just as it was during our national struggle for freedom. We must ensure that education is free from unethical practices like question leaks and delays in result declarations. The big challenges today are in imparting education, evaluation, and enhancing employability. If around 80% of IIT graduates are not finding employment, we must question the purpose of their education. We need to increase employability to ensure that the income level rises, and as income increases, the population size may decrease due to the inverse correlation between the two. This will lead to overall improvement. In forums like this, where the government, policymakers, corporate representatives, and academicians come together, what do you think is the takeaway or outcome of such gatherings? Corporate sectors play a significant role in the development of the country. The current economic philosophy emphasizes disinvestment, market growth, CSR, and the hiring of technologists and professionals by corporate sectors. These professionals are, in turn, driving startups and investments both in India and globally. However, the best talents from our country often migrate abroad due to the substandard ease of doing business here. This issue needs to be addressed to attract and retain our best talents, who are currently moving to capitalist or developed nations. This is the third anniversary of ArdorComm Media, and we are celebrating our third year. Do you have any message or good wishes for the ArdorComm Media Group? Yes, you are doing very well in terms of social transformation and business development. My advice would be to focus on managing quality over quantity, as there is a lot of competition in your field. If you maintain quality, your success will naturally follow, and your growth will be substantial. My best wishes to you.

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Haryana Increases Reservation for OBCs in Government Jobs

In a significant move benefiting the Other Backward Classes (OBCs), the Haryana Government has announced an increase in the reservation for OBCs in government jobs and a raise in the upper income limit for the creamy layer to ₹8 lakh per year. Chief Minister Nayab Singh Saini made these announcements on Sunday, marking a notable shift in the state’s approach to social equity and inclusion. The reservation for backward classes has been increased from 15 percent to 27 percent in Group-A and Group-B government posts. This decision aims to provide greater opportunities and representation for OBCs in higher-level government positions. The term “creamy layer” refers to members of a backward class who are relatively advanced socially, economically, and educationally. By raising the upper income limit for this group, the Haryana Government aims to broaden the eligibility for reservations, ensuring that more individuals from OBCs can benefit from government job opportunities. Additionally, the government has committed to addressing the backlog of jobs for Backward Classes A and B on a priority basis through a special recruitment campaign. This initiative is expected to expedite the employment process and reduce the unemployment rate among these communities. In the context of the upcoming Haryana Assembly elections, Chief Minister Saini expressed confidence in his party’s prospects. He highlighted the government’s developmental works and initiatives aimed at providing employment and fostering growth in Haryana. He asserted that the BJP, under the leadership of Prime Minister Modi and with the support of election in-charges, is poised to win the elections and form the government for a third consecutive term. Taking a dig at the Congress party and the Hooda family, Saini criticized their approach as dynastic, contrasting it with the BJP’s focus on governance and public welfare. He emphasized the government’s commitment to the interests of the poor, farmers, and women, reiterating that the BJP is a government of the people. The Haryana Assembly elections will be held later this year, alongside elections in Jharkhand, Maharashtra, and Jammu and Kashmir.

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PM Modi’s Third Term: Blueprint for First 100 Days Revealed

Prime Minister Narendra Modi has convened discussions with his Council of Ministers to strategize the agenda for the first 100 days of his government’s potential third term, focusing on sustaining economic growth. The roadmap, dubbed Viksit Bharat (Developed India) by 2047, outlines ambitious goals across various sectors. While specifics of the plan remain undisclosed, insiders suggest a comprehensive strategy encompassing economic growth, sustainable development, infrastructure enhancement, and social welfare initiatives. This initiative comes amidst preparations for the upcoming General Elections, set to engage 978 million voters across seven phases. Traditionally, the Model Code of Conduct (MCC) period witnesses a policy lull, with caretaker governments refraining from major decisions. However, PM Modi aims to maintain economic momentum during this phase, ensuring a seamless transition post-elections. The proposed agenda aligns with India’s growth trajectory, with an estimated 7.6% GDP growth projected for FY 2023–24. To fully address post-pandemic challenges, the government emphasizes employment generation, private sector investment, and rural development. Anil K. Sood, a Professor, stresses the need for robust policy measures to enhance youth employment opportunities, advocating for government-led initiatives in critical sectors. Similarly, Vinay K. Srivastava, an Associate Professor, underscores the importance of boosting private consumption and quality infrastructure investment. While awaiting detailed specifics, the government’s focus on economic revitalization and sustainable development sets the tone for its anticipated third term. Clarity on long-term priorities is anticipated with the presentation of the full Budget for 2024-25 in July.

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Capgemini Unveils its Tenth Employee Share Ownership Program

Capgemini is taking significant steps to enhance employee development and performance by introducing a fresh Employee Share Ownership Plan (ESOP). This initiative is open to nearly 97% of the company’s workforce and will be implemented through a capital increase reserved exclusively for Capgemini employees, with a maximum allocation of 3,200,000 shares. Employees will have the opportunity to acquire Capgemini shares through subscription plans, including leveraged and guaranteed options. These plans will not only allow them to safeguard their invested amount until the shares become accessible but also ensure a certain level of protection. Furthermore, individuals holding these shares will have voting rights, which may vary depending on the specific plan and circumstances. These shareholders may include participants in the Fonds Commun de Placement d’Entreprise (FCPE), employees with direct share ownership, and/or the financial institution overseeing the offer or its affiliated parties. This marks the tenth installment in Capgemini’s ESOP offerings, aimed at maintaining employee shareholding at approximately 8% of Capgemini SE’s share capital. The timeline for this program is as follows: it will be open for participation from September 15 to October 4, 2023 (inclusive), followed by a subscription/revocation period from November 13 to November 15, 2023 (inclusive). The pricing for the new shares will be determined on November 10, 2023, and the increase in share capital will be completed on December 19, 2023. The implementation of the leveraged guaranteed offering will involve hedging transactions conducted by the financial institution responsible for organizing the offer. For this tenth program, Crédit Agricole Corporate and Investment Bank will be handling these transactions, which may take place in the market or off-market and may include actions such as buying and/or selling shares, acquiring call options, or any other relevant transactions.

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