Category Archives: Education

Meet the Youngest CEO in the world: Hillary Yip

“If you don’t believe in your own idea, then you won’t get anyone else to believe in it – no matter how hard you try”

Hillary Yip

Most children of her age play around, discuss their favorite TV shows or are too stressed with their teenage problems. But this girl began a startup at a mere age of 10. Hillary Yip, the youngest CEO in the world, is today a proud founder and owner of MinorMynas, a language learning app.

“People treat me as a kid sometimes I get that. I’m 15, but I prefer being treated as an adult because I’ve had some experiences. I’m still learning, but that doesn’t mean you should count me out as immature.” says Hillary.

MinorMynas is an online educational platform where children across the borders can learn different languages, chat and make friends across countries. The use of live video calls allows children to engage in conversations to learn different languages from each other.

“I wanted to let kids from all over the world learn and exchange their languages — and make it fun, too.”

Hillary Yip

Hillary Yip was born and brought up in Hongkong. She is a student of Kellett School. When her mother sent her and her brother to summer camp in Taiwan for Chinese improvement after struggling with it for years, she knew she had to create MinorMynas. Her experience in the summer camp was a life changing one. Her idea of creating an online version of the experience led her to participate and win several entrepreneurship awards, including “AIA’s Emerging Entrepreneur Challenge 2016 1st place and Best Business”.

“My vision with MinorMynas is to connect the world through kids, letting us learn together as a community, making the world a better place.” says Yip.

Children in over 60 countries will be able to connect through her educational app so they can expand their knowledge on topics they are passionate about and gain more understanding of other cultures. Hillary believes her product can solve the screen time problem by allowing them to simultaneously learn as well as teach. Additionally, she pointed out that many children were using the app as a way to study things that were beyond study plans and to delve deeper into topics that they were personally passionate about.

Hillary attributes her success to her mentors and her parents who have always been her constant support.

Her success is evident from the fact that she has featured in a number of places like BBC, CCTV, Yitiao, Yeti and the South China Morning Post. She is an extremely popular keynote speaker and has appeared at TEDx stages, as well as events hosted by HSBC and Microsoft. She was also a keynote speaker at the Global Women Forum 2020 in Dubai.

With an eye towards fostering a greater awareness of in-app learning, Hillary Yip plans to work with other providers.

In our second version, which is in its final stages, we plan to launch parent communities since the exchange between an international group of parents does not exist today,” Hillary says.

Role of Tribal Communities in India’s Fight for Independence

We often talk about our national heroes who laid their life for the sake of their motherland. Their immense sacrifice and determination lead us to independence. Today we shall talk about some of the lesser known stories of the tribal communities whose courage and struggle ignited the cause of our freedom struggle.

Except the frontier tribal areas, most of the tribal movements were concentrated in central, west-central and southern India.

Paharias Rebellion (1778):

The Paharias were hill people and resided around the Rajmahal hills in the north-eastern Chota Nagpur Plateau. These folks were remote people and considered the entire territory to be their country. The British expansion on their territory led to a clash between the Paharias and the Britishers. The revolt was leaded by Raja Jagannath. The revolt was carried out as the British had launched a campaign against the Paharaias to kill them.

Chuar Uprising (1766-1816):

Chuar revolt was not a single revolt but a series of rebellions that lasted from 1766 to 1772 and then again from 1795-1816. The Chuars were mostly farmers and hunters and inhabited the West Bengal settlements of Midnapore, Bankura and Manbhum (part of present day Bihar). Though there were many leaders like Jagannath Singh of Ghatsila, Shyam Ganjan of Dhadka, Subla Singh of Kaliapal and Dubraj who stood against the British, the most prominent uprising was under Durjan Singh in the year 1798. He was the zamindar of Raipur but was dispossessed due to the Bengal Regulations. Durjan Singh, with the help of 1500 Chuars, started violent activities in May 1798 to stop the auction of Raipur’s estate. The revolt was crushed by the British. Some other notable Chuar leaders were Madhab Singh, brother of Raja of Barabhum; Raja Mohan Singh, Zamindar of Juriah and Lachman Singh of Dulma.

Kol Mutiny (1831):

Kols were the inhabitants of Chota Nagpur. This included Ranchi, Singhbhum, Hazaribagh, Palamau and western parts of Manbhum. The kols were prodded to take arms with the large scale transfer of lands from their headmen to outsiders like Hindu, Muslim and Sikh farmers and money lenders. These outsiders were oppressive,  demanded huge taxes and subjected brutal atrocities on the tribals.. Also, the British judicial and revenue policies badly affected the Kols. This led to an uprising in 1831 leaded by Buddho Bhagat. The rebellion was suppressed by the British but later many tribal movements started in this region.

Kol Mutiny served as an inspiration for coming generations to fight against inequality and injustice.

Santhal Rebellion (1855-56):

Santhals were primarily agricultural people and had settlements in the plains of the Rajmahal Hills. With the backing of the police and others, the money lenders conspired with the zamindars to oppress and rob the peasants of their lands. Sidhu and Kanhu, two brothers led the Santhal uprising and converted it into an anti-British movement. They declared the area between Bhagalpur and Rajmahal as autonomous. The revolt was stamped down by the British in the year 1856.

Ho and Munda uprisings (1820-37) :

The Ho tribals revolted against the occupation of Singhbhum under the leadership of The Raja of Parahat. The revolt lasted till 1827 and soon the tribals were forced to submit. In 1831, along with the Mundas of Chota Nagpur, the Ho tribe again revolted against the newly implemented farming revenue policies and entry of Bengalees into their region. The revolt ended in 1832 but the Ho continued to operate till 1837.

Khond Uprising (1837-56):

The Khonds of the region ranging from Odisha to Srikakulam and Visakhapatnam rose against the British under the leadership of Chakra Bishnoi. He was a young raja and was supported by his people who were joined by the Kalhandi, Ghuamsar and other tribals to fight the atrocities like new taxes, human sacrifices and entry of zamindars into their areas. Soon, Chakra Bishnoi disappeared and the revolt subsided.  However, in 1914, another Khond Uprising was seen in the Orissa region with a hope to end the British rule.

6 Reasons To Attend an MS Excel Training Course

6 Reasons To Attend an MS Excel Training Course

Excel Program

There are many different programs that you can use to organize data for your home, school, or business. Excel is one of the programs that many people use to do this, a program that is one of the easier ones to use. Excel allows you to not only to organize your data, but also allows you to calculate the data, and evaluate that data. You can also make charts, tables, and graphs to better show the data and how it affects the company with which you are working. 

Ways to Learn

            There are many ways to learn to use Excel, so that you can use it to the best of your ability. You can learn it on your own, watch videos on the internet such as this one here, or take classes to learn the program. All these methods are good in their own way but depending on what you are using the program for you might want to learn in a unique way. 

 One way is to just sit and play with the program, learning as you go. You can learn this way in your own time and learn only what you need to learn for your particular project. This is an effective way to learn if you are using the program for personal reasons. This might be to do your monthly budget or to plan for a trip or other big expense. 

            By working on your own and learning the program, you can save yourself some money, but this way usually takes longer than other methods. If you need to use Excel for business, this might not be the way to learn the program. However, this is an effective way to learn if you are using it for personal reasons such as making monthly budgets and trip planning. 

            Another way to learn Excel is to access the internet and learn through videos and websites. Learn more about Excel at this site: https://en.wikipedia.org/wiki/Microsoft_Excel. This method will take a while, and you must decide which website or video to trust to give you the correct information. There are people that really know what they are doing and share their information with others. On the other hand, there are people who pretend to know what they are doing and share what they think they know. You might learn something this way, or you may get everything wrong, taking longer to complete your project. 

The Best Way to Learn

            Probably the best way to learn how to use Excel is to learn from an excel training course from experts. Learning in this way will ensure that you learn all the tips and tricks to allow you to have the best project possible. Experts can show you step-by-step how to use each aspect of the program. Learning this way will help you to make more professional projects getting better results. It also allows you to receive a certificate showing that you learned from a professional. 

Six Good Reasons

            There are six good reasons to attend an MS Excel training course so that you can get the best results from the program. You can earn Excel Certification that will set you apart from your colleagues and to show employers that you have the skills needed to do your job. This training can make you more efficient in your job allowing you to do better and be more competent. Learning Excel from a training course will give you more credibility than learning on your own or using videos from the internet. You can be more prepared to work in financial positions with professional training. 

            It has been around for many years and Excel will probably be around for many years to come. This means that this is a skill that will always be pertinent to the business world and other jobs, as well. 

One

            Setting yourself apart from your colleagues is important if you want to move up in the company. By using this program, you can create spreadsheets that will show your employer the finances of the company and allows you to create graphs and charts to track where the money in the company goes. You can create schedules for staff and manage inventory.

Two

            You can become more efficient in your job by learning this program. You can learn to format cells in the program based on a certain criterion and apply it to other cells quickly. By using the charts and tables option, you can use the information in the cells to clearly show trends in the market without having to use a separate program to make them. 

Three

            By learning how to use this program from a reputable company, you will gain credibility with your employer and your colleagues. If you try to do this on your own, you will not get the certificate that shows that you know the program inside out. You can use this certificate to show that you are willing to learn new aspects of your job and are not afraid to try new things. 

Four

            Having a certificate to show that you have put the time and effort in to truly learn the program. If you have paid attention in the class, you can use your skills to improve in your career. 

Five

            You can be better prepared to do the financial aspects of the company you work with. You can show the information with graphs, tables, and charts. 

Six

            Excel has been around since 1985, making it a standard in the computer world. By learning this program instead of another one, you can be assured that you are on top of the business world. Since it has been around for decades, you can rest assured that the things that you learn will be around for many years to come. 

Conclusion

            There are many ways to learn Excel depending on your needs for the program. If you want to be the best in your business world, it is best that you learn from a professional expert in the field. Excel can help you to get ahead in your employment by giving you ways to show your company how they are doing financially. You can show your employer that you are willing to learn new skills to improve yourself. 

Save Soil, Save Earth

The nation that destroys its soil, destroys itself

Franklin D. Roosevelt

We make hue and cry on climate change, pollution and like but are we concerned about our soil? Do you know that 95% of our food comes from the top soil? Our activities have already degraded 52% of our agricultural soils and by 2045 we will have 40% less food for 9.2 billion people. Can you imagine the repercussion?

First let us know what soil is and why it is so important.

Basically, soil is sand combined with organic matter. It is the loose surface material that covers the land and is called the “skin of the earth”. The soil consists of organic material, minerals, gases, liquids, and organisms that sustain life. Soil contains numerous organisms like bacteria, fungi, actinomycetes, algae, protozoa and nematodes, earthworms, archaeans and so on. These organisms help the plants to grow and survive. It is the abundance of organic content in soil that sustains all other dependent species, including humans.

  • Soil bacteria are a critical component of biogeochemical cycle. It helps in crop production.
  • These bacteria have several functions: (1) providing nutrients to crops; (2) stimulating plant growth, for instance by producing plant hormones; (3) inhibiting the activity of plant pathogens; (4) improving soil structure; and (5) microbially accumulating or leaching inorganic nutrients.
  • Several kinds of bacteria are used in soil for bioremediation of polluted soil, and for mineralization of organic pollutants.
  • Soil microbes help the plants to intake water and nutrients from soil.
  • Healthy soil prevents the dangerous cycles of floods and droughts that plague many regions of the world.

How soil degradation affects us?

  • Soil degradation means the loss of physical, chemical and biological properties of soil.
  • Organic matter loss, soil fertility decline, erosion, adverse changes in salinity, acidity, or alkalinity, or efflorescence is some causes.
  • Impacts of soil degradation are devastating – depletion of fertile soil, habitat destruction and biodiversity loss, extinction of species, high level of nutrient runoff into lakes, desertification of land, large scale migration, malnutrition and war.

Factors causing soil degradation:

  • Physical factors: include change in the natural composition of soil due to factors like rainfall, wind erosion, floods and mass movement. The fertile top portion of the soil gets eroded, thereby degrading the soil quality.
  • Biological factors: Human and plant activities also reduce the quality of soil. Human activities like poor farming practices degrade the quality of soil. Plant activities include an overgrowth of bacteria and fungi in an area that can negatively affect the soil microbial activity through biochemical reactions, resulting in reduced crop yields and reduced soil productivity capacity.
  • Chemical factors: Changes in the quality of alkalinity or acidicity of soil also affects its fertility. Chemical factors also include waterlogging. Chemical factors bring irreversible loss to soil nutrients such as deposition of iron or aluminum rich soils.
  • Man-made factors: Human activities such as deforestation, excessive use of fertilizers, industrial wastes, overgrazing, mining activities, urbanization and poor agricultural practices also leads to land degradation.

What can we do to save our soil?

  • Reduce deforestation: At the individual level, it is not an easy task. But we can plant trees and make people aware of the importance of planting trees. Individuals all over the world need to respect forest cover and reduce certain human-induced actions that encourage logging. Involvement of government and international organizations is required to reduce, if not stop deforestation.
  • Land reclamation: it refers to the restoration of lost organic content and minerals of the soil. Although the soil quality degraded is irreversible, still we can replenish the lost organic matter and minerals to some extent. This is called land reclamation. Degraded soil may be restored by adding plant residues or by improving range management. One of the simplest methods is planting trees, crops, vegetation and flowers over the affected soil. Plant roots make the soil stronger.
  • Prevention of salinization: Activities like reducing irrigation, planting salt tolerant crops like rice, wheat, mustard etc result in high returns because reclamation projects require zero inputs and labor. Preventing salinization of crops beforehand is the beast and an economical step.
  • Conserving soil by tillage: This includes cultivating in such a manner that the soil quality remains almost to its natural condition. Example – Leave crop residue from previous year on the surface to guard the soil from erosion and avoid poor tillage practices such as deep plowing.

This year, Sadhguru, an Indian yogi and visionary has launched a movement called “Save Soil”. To make people aware of this burning issue, Sadhguru is travelling from India to UK in a 100-day motorcycle journey. He will cover 26 countries spanning 30,000 km.

“Start local, involve your neighbourhood, start a vegetable garden, get your hands in the soil – not in the dirt as is commonly said, as soil is not dirty – it is rich, it is our foundation of a healthy life and a safe environment.”

Sadhguru

This is just the beginning. Such initiatives from the government and other institutions will support the ‘’Save Soil” cause and help restore our land its lost fertility.

A leaf out of Ambedkar’s book

Dalit – Bahujan politics, which is perceived as having no road map, could learn from Ambedkar’s political experiments

The rapid decline of the Bahujan Samaj party over the years has led some to believe that Dalit politics lacks a suitable road map . Rebuilding the Bahujan movement will be difficult if the political agenda and electoral strategies are not improvised. In such a crisis, the Dalit-Bahujan leadership could learn from B.R. Ambedkar’s political experiments.

Ambedkar’s social movement and political thoughts are heralded for making Indian society sensitive towards the ideas of social justice and democracy. Ambedkar was keen to find a dignified place for the ‘Untouchables ‘ in modern institutions, including legislative bodies . He appealed to the ruling classes to recognise the ‘Untouchables ‘ as a new social and political minority, and demanded special safeguards for them from the state . He thought community based political representation would liberate the ‘Untouchables ‘ from the hegemony of the social elites and help them bring their issues to the mainstream. But Ambedkar was not interested in Framing the Dalits as a political force for the Dalits alone ; he expected them to unify vulnerable caste groups, religious minorities and the deprived working classes and bring about revolutionary political change .

Forming political parties

Ambedkar’s first political party, the independent labour party (ILP) , was committed to the welfare of the working classes . The socially marginalised castes , especially the ‘Untouchables ‘ , formed a significant part of modern industry, especially in Bombay . Ambedkar noticed that parties claiming to represent the interests of the working class did not pay attention to the concerns of ‘ untouchable’ labour . He reprimanded the socialist -communist leadership for betraying the trust of lower caste workers . The ILP , he proposed , would highlight the class -caste relationship and contest coercive “Brahmanism & Capitalism” together.

In 1942, Ambedkar established his second political party , the Scheduled Federation (SCF) , in Bombay . This was when hectic deliberations were taking place between the Congress, the Muslim League and the representatives of religious minorities over India’s constitution. In new constitutions in the world then, different religious communities and groups were granted political safeguards and cultural rights according to their numerical strength and historical location. Ambedkar wanted to establish the Depressed Castes as one of the prime actors in the nation building process . The SCF demanded that the ruling classes cherish the values of socially diverse groups and integrate the different aspirations of marginalised people in their plans for a new India . Further , the SCF meant to promote the interest of the diverse ‘Untouchable ‘ castes on a single national platform. Ambedkar introduced the SCF as a rival of the Congress and a harsh critic of M.K. Gandhi’s leadership. The Congress was depicted as an association of powerful caste groups and rich capitalists .

March to national politics

There have been several efforts to project M.K. Stalin as a prime ministerial candidate

Twenty five years ago, in Tiruvarur, the then Tamil Nadu chief minister and DMK president M. Karunanidhi was asked by a journalist why he was not aspiring for the post of Prime Minister. He replied :” I know my limitations”. The question was raised against the backdrop of a serious bid made by the founder of the Tamil Maanila congress (Moopanar) , G.K. Moopanar, to become prime minister following the resignation of H.D. Deve Gowda as the head of the United Front Regime . Today, concerted efforts are on to project Karunanidhi’ s son and Chief Minister M.k. Stalin as a prime ministerial candidate.

In the last couple of months , many events can be cited as attempts at promoting Mr. Stalin to the National scene. In early February, the chief Minister wrote to leaders of almost three dozen parties across the country, asking them to nominate their representatives to the All India federation of social justice. Later that months, kerala chief minster Pinarayi Vijayan , former Congress president Rahul Gandhi, Rashtriya Janta Dal leader Tejashwi Yadav , and former Chief Minister of Jammu and Kashmir Omar Abdullah came to Chennai to participate in the launch of the first volume of Mr. Stalin’ s autobiography, Ungalil oruvan ( one among you) . A month later , in New Delhi, leaders of various non BJP opposition parties came together during the inauguration of the DMK’s office . Mr. Stalin’s condemnation of Union Home Minister Amit Shah’s observations on the hindi language and his participation at a seminar held last week during the CPI(M)’s party congress in Kannur were also viewed as part of his March towards national politics.

It is rather uncommon for a leader of Tamil Nadu to get national prominence. Other than Moopanar , Congress leader K. Kamaraj and AIADMK leader J. Jayalalithaa were talked about as prime ministerial material. While kamaraj was content playing the role of ‘kingmaker ‘ in 1964 and 1966 , Jayalalithaa, despite her turning the 2014 Lok sabha elections into a lady versus Modi fight , and her party bagging 37 seats out of 39 in Tamil Nadu, did not make it .

In the last three years , Mr Stalin has tasted success twice as a leader of coalition. In the 2019 Lok sabha elections, when he proposed the name of Mr . Gandhi for the post of Prime Minister, the DMK -led front captured 39 constituencies, including one in Puducherry. Two years later , it got a two thirds majority in the Tamil Nadu Assembly. After capturing power in the State, Mr. Stalin has continued to criticize the BJP on a host of issues . In the last 11 months , he has been particularly highlighting the importance of social justice, greater autonomy for the states and the Dravidian model of governance. Perhaps conscious of the criticism that Dravidian majors do not seek industrial investment in the way parties in other states do, Mr. Stalin has shown keenness in attracting investments in a big way . His visit to the UAE is the most recent indication of this. After he became Chief Minister in May 2021 , the state government signed 131 MoUs involving an investment of Rs 69,375 crore . Mr Stalin also announced that the State would hold the next Global Investors ‘ Meet by 2023 end , the previous two editions of which were held during the AIADMK regime . There are signs of his government willing to bite the bullet in economy -related matters , even as Mr. Stalin has been keeping all his political allies together. Though it is too early to talk about the compositions of political form

Jallianwala Bagh Massacre

Jallianwala Bagh Massacre or Massacre of Amritsar happened on 13th April 1919. The Government of India erected a memorial at Jallianwala Bagh in 1951 to commemorate the spirit of Indian revolutionaries and the people who lost their lives in the bloody massacre. It was on this day that the British troops fired ruthlessly on a mass of unarmed Indians who gathered in Jallianwala Bagh for a peaceful agitation. The firing killed hundreds of people and injured much more. This event changed the course of India’s struggle for independence.

History:

On this day, exactly 103 years ago, a large group of people gathered at Jallianwala Bagh. Some were gathered to protest the arrest of two prominent nationalist leaders of Punjab – Dr. Satya Pal and Dr. Saifuddin Kitchlew, and others were assembled to celebrate the festival of Baisakhi. The British government had banned on all kind of public gatherings but did not make the public aware about it. When the news of public gathering reached Colonel Reginald Dyer, he reached the place with his troops and ordered mass firing on the crowd of at least 10000 people including men, women and children. The firing continued for 10-15 minutes and ended only on exhaustion of ammunition. About 500 people were killed, including elderly people and children. More hundreds were fatally wounded. However, General Dyer estimated the figure to be 291.

This massacre was not a secluded incident. It was an incident with multiple backgrounds.

Background:

On 10th March 1919, the British government passed the Rowlatt Act to increase their power over the Indian public. This act allowed the government to arrest any person without trial.  Mahatma Gandhi and the other leaders called for Rowlatt Satyagraha in opposition to this act.

Dr. Satya Pal and Dr. Saifuddin Kitchlew, two eminent nationalists, were arrested without any trial on 10th April 1919. Both of them were invited to The Deputy Commissioner Mr. Irving’s residence. From there they were arrested and deported under police escort. This led to wide range protests among the masses. The protestors gathered before the residence of Mr. Irving where they were fired without any provocation.

The Punjab government used all their efforts to crush the opposition against the Rowlatt Act.

On the day of massacre:

General Dyer’s government had imposed a martial law in Punjab under which all types of gathering were prohibited. Unaware of this fact, people gathered peacefully at the Jallianwala Bagh on 13th April 1919 to celebrate Baisakhi festival and to oppose the arrest of their leaders – Dr. Pal and Dr. Kitchlew. After getting this information, General Dyer reached the place with his battalion.

Dyer ordered his troops to open fire at everyone – including children. The garden was surrounded by houses and walls on three sides. There was no chance of escape as the only route was blocked by the troops so that no one could leave once the firing starts.

The firing continued mercilessly for 10-15 minutes and 1650 rounds were fired.

This event led to death of hundreds of people and left many more wounded.

Investigation:

On 14th October 1919, Hunter Commission was formed to inquire about the incident. General Dyer and Mr. Irving, along with other British officials involved were investigated. According to British government figures, more than 350 people were killed and thousands were injured. But the Congress estimated that more than 1,000 people lost their lives. Dyer confessed his involvement in firing. But he did not feel guilty of his act. He justified his actions. The commission criticized his actions and asked him to resign following which he would not be further employed in India.

Aftermath:

The Amritsar massacre shook the world. Many eminent people of India renounced their titles honored to them by the government. Rabindranath Tagore refused to accept his knighthood. Mahatma Gandhi returned his title Kaiser-I-Hind.

Assassination of Dyer:

On 13th March 1940, Regianld Dyer was shot by Sardar Udham Singh, a member of the revolutionist Ghadar Party, at Caxton Hall in London. Udham Singh was convicted and on 31st July 1940, he was hanged at Pentonville Prison.

A spark was lit in Jallianwala Bagh massacre that ignited India’s independence struggle. It ultimately forced them to leave the land they had hoped to govern for centuries.

Belated Pivot

Without curbing inflation, the RBI will not be able to promote sustainable growth

The Reserve Bank of India’s Monetary Policy Committee has rather belatedly acknowledged that it’s primary remit is, after all, to ensure price stability. Addressing the media on Friday after announcing the MPC’s first Monetary Policy review of the new fiscal year, RVI governor Shaktikanta Das was emphatic in stating that ” in the sequence of priorities, we have now put inflation before growth”. More than 3 years after it prioritised growth over price stability —in February 2019, and well before the onset of the COVID -19 pandemic -the RBI has pivoted back to putting the horse before the cart , best reflected in the Central bank’s own words on monetary policy goals :” Price stability is a necessary pre condition to sustainable growth”. That it has taken the outbreak of war in Europe, with its accompanying commodity price shocks to remind the RBI of the imperative centrality of price stability is a salutary reminder that monetary policy makers can ill afford to be complacent when it comes to inflation.

Less than two months after it rather sanguinely projected inflation to average 4.5% in the fiscal year to March 2023, the MPC has raised the forecast by a substantial 120 basis points to 5.7% . And this even as it cut it’s earlier projection for real GDP growth in the current fiscal by 60 basis points to 7.2% . The RBI also made it clear that while it has left benchmark interest rates and it’s accomodative policy stance unchanged for now , the time had come to commence the ” withdrawal of accomodation”.

To be sure , Russia’s invasion of Ukraine was still two weeks in the future the last time the RBI’s rate setting panel finalised its policy review. And yet, the price of crude oil, which Mr. Das cited as the key factor that had neccessitated the revision of the inflation projection and the pivot , had already been on the boil since December. In fact, the lone dissenter on the MPC on the issue of the policy stance in February, Jayanth Varma , had stressed the need to look ahead at the likely state of the economy at least three to four quarters later and shift to a neutral stance given that monetary policy acts with a lag. The RBI ‘s deputy governor overseeing Monetary Policy, Michael Patra , had on the other hand at the last MPC meeting starkly warned that, “Central banks have a choice :either accept higher inflation for some time or be prepared to be accountable for destroying demand “. With the RBI’s own quarterly projections for inflation now presaging the possibility of a policy failure by way of three consecutive quarters of inflation above the 6% upper bound, policymakers have clearly realised any further delay in changing tack would risk leaving the economy with neither growth nor price stability.

Father of Indian Industry – Jamsedji Tata

“When you have to give the lead in action, in ideas – a lead which does not fit in with the very climate of opinion – that is true courage, physical or mental or spiritual, call it what you like, and it is this type of courage and vision that Jamsedji Tata showed. It is right that we should honour his memory and remember him as one of the big founders of modern India.”

Jawaharlal Nehru

Jamsedji Nusserwanji Tata (3rd March 1839 – 19th May 1904) was the founder of TATA group, India’s leading conglomerate company. He was a pioneer figure in the world of industry. He was such an influential personality that even Jawaharlal Nehru referred him as a “One – man Planning Commission”.  He has also established the city of Jamshedpur. Tata started his journey as a merchant and went on to become one of the most important builders of the modern Indian economy. Among his many achievements, the most notable one is Tata Iron and Steel Works Company in Jamshedpur.

Tata was ranked first in “Hurun Philanthropists of the Century” (2021) due to his total donations of about $102.4 billion from the start of his establishments way back in 1892.

Jamsedji Tata was born on 3rd March 1839 to Nusserwanji and Jeevanbai Tata in Navsari, Gujarat. He came from a family of minority group of Parsees. His father was the first businessman in their family. Nusserwanji ran an export trading firm in Mumbai.

Career:  After graduating from Elphinstone college, Bombay (now Mumbai) in 1858, Jamsedji joined his father’s firm. He expanded its branches in Japan, China, Europe and United States.

  • He started a trading company in 1868.
  • In 1869, he bought a bankrupt oil mill in 1869 at Chinchpokli, Maharashtra and converted it into an oil mill – named as Alexandra Mill. In 1871, he sold the mill at a profit.
  • In 1874, Tata started the Central India Spinning, Weaving, and Manufacturing Company in Nagpur, an unusual place to choose from for industrialists. During that era, Bombay being the “Cottonpolis of India” was the most preferred place for textile entrepreneurs. But his far-sightedness paid off. In Nagpur, the abundance of farm produce, the ease of distribution, and the cheap land later led to the converging of railway lines, which further developed the city.
  • In 1877, Tata set up a new cotton mill – called Empress Mill.
  • He formed another company in 1885 in Pondicherry solely to distribute Indian textiles to nearby French colonies without having to pay duties; however, the venture failed due to an insufficient demand for the fabrics. He then purchased the Dharamsi Mills at Kurla in Bombay, resold it, and acquired the Advance Mills in Ahmedabad. It was named as Advance Mills because it was one of the highest technology mills at that time. This set up provided an economic boost to Ahmedabad.
  • Through such contributions, Jamsedji Tata shaped the cotton and textile industry in India.
  • Being a supporter of Swadeshism, he renamed his new cotton mill in Bombay as Swadeshi Mill. The objective was to provide finer cloth similar to that of imported from Manchester. During that time, India produced coarse fabric which was no longer preferred by Indians.

He envisioned India to be the sole maker of fine clothes for which the ancient Indian weavers were famous.

Throughout his life, he had 4 goals:

  • Setting up an iron and steel company
  • Establishing a world-class learning institution
  • Setting up a unique hotel
  • Setting up a hydroelectric plant

With the inauguration of the Taj Mahal Hotel at Colaba waterfront in Mumbai on 3rd December 1903, his dream of setting up a unique hotel became reality. His other 3 ideas were achieved by his successors:

  • Tata Steel
  • Indian Institute of Science, Bangalore
  • Tata Power Company Limited

World Homeopathy Day 2022

10th April is celebrated as World Homeopathy Day. It is a weeklong event commencing from 10th April to 16th April. This day is observed to celebrate the birthday of Dr. Samuel Hanhemann (1755-1843). The primary objective of this day is to create awareness about homeopathy and to make homeopathy accessible. Apart from these, it also focuses on developing homeopathy on a larger scale, adopting strategies to overcome challenges and improve the quality of education to improve the success rate of homeopaths.

The theme of World Homeopathy Day 2022 is “Homeopathy: People’s choice for wellness”.

The Homeopathy awareness week is celebrated all over the world; there are free public events throughout the week, including lectures, volunteer first-aid events, media interviews and free and reduced-price clinics. The use of homeopathy is reported on mainstream media and on social media platforms such as Facebook and Twitter.

History:

Homeopathy comes from the Greek words homeo meaning similar and pathos means disease. Homeopathy is a system of alternative medicine and works on the doctrine of similia similibus curentur or like cures like. It means when a substance is taken in small amount, it will cure the same symptoms it causes if taken in large amounts.

Homeopathy is based on the belief that every individual is different and everyone’s body reacts and heals differently.

Hippocrates “Father of Medicine” founded homeopathy in 5th century BC. He advocated the need for understanding each individual’s body and their healing power for diagnosing and treating their illness. It was he who laid the foundation for homeopathy. However its prominence rose in the 19th century, thanks to the pioneering work of the German physician and chemist Samuel Hahnemann.

During the 19th century, medical practitioners used ineffective and brutal practices. Hanhemann opposed the harsh medical practices and usage of strong medicines that had side effects. Homeopathy medicines had rare side effects. People started opting for homeopathy and were getting better outcomes as compared to medicine practitioners. In the 19th century, homeopathy led to the abandonment of bloodletting and purging treatments, which were ineffective and harmful, and to the advance of more effective and scientifically-based medicine.

Homeopathy preparations include animal, plants, minerals and synthetic substances, which are referred as Latin names such as arsenicum album (arsenic oxide), thyodinium (thyroid hormone). The pills are made from a lactose substance (mostly sugar). Drops of liquid are placed and evaporated.

On World Homeopathy Day, India:

In India, this day is observed in patronage of the ministry of AYUSH, Government of India.

In spite of several criticisms faced by homeopathy, A growing body of evidence corroborating homeopathic medicines ability to manage and prevent a wide range of diseases is emerging.