REALLY THE ODDS BEING EVENED OUT ????

REALLY THE ODDS BEING EVENED OUT ????

Standing in a overcrowded Metro with no place to make for other passengers to de-board the train, and looking in a vexed way the advertisement of the Delhi Government for implementation of the odd even scheme again from 15^th April to 30^th April,2016.  The only thing comes to our mind is the reason, result and the impact of this scheme.

During the 1^st quarter of this year, the result of this scheme is really out of sight. There was a decrease in pollution level but that was because other reasons as stated by the weather department.

Exempting the bikes and women drivers also made up for a big debate as it was not on the terms of equality and they also make pollution.

Adding to that in the long run the scheme will definitely going to increase pollution as well as parking problems.

Think about it, a high class rich person will buy another car, he will only decrease parking space; a middle class person travels through Metro and bus only on maximum days and the lower class don’t really have a car. Also a middle class person who pays the EMI all year and use the car only on the family outing once a month will surely going to do that through his car or his friend’s car.

The biggest think about is that Metro has still not made all the trains 8 coached, plus the officials confirmed that the waiting period cant be decreases to low to 90 seconds from 2 minutes average time. The result is that people travel like chickens in Metro during odd even and will continue to do so during odd even implementation.

In addition to that the buses are still not being delivered fully and people also not prefer them to travel for long distances.

Adding to that pollution reduction was the prime reason for the scheme and not the decrease in traffic.

Though the odd even scheme appears to be a very noble thought of the Delhi Government but till the time the public transport doesn’t make it compensate it to the fullest the odd even is and going to be a good scheme only on papers.

Views expressed are personal.

WRITTEN AND POSTED BY

SAMIR DEWAN

EDITOR AT CHARTERED BLOOD

THE STARTUP ERA- LETS HELP THE FUTURE MILLIONAIRES­

THE STARTUP ERA- LETS HELP THE FUTURE MILLIONAIRES­

For the past couple of years the Indian economy has been witnessing a high rise in the rate of startups. The growth rate of this startup business is also very high, with hundreds of them starting every year by the self motivated, inspired and goal oriented people.

The new tech savvy generations are smart bunch of people, motivated to do something extraordinary and are inspired to do it in their own way.

There are many situations and problems which are faced by the startup venture. The foremost problem they face is that of getting a new cool and potential idea to either venture into something new or to do the conventional way of business in a different and more suitable way. The second is to fight with the BIG FISH or the competition in our growing economy.

Being a starter and fresher in the industry the capital in their business is a big issue.

Getting money for their new business is a challenge and spending that money in the most effective and efficient manner is a bigger challenge.

Since these industries are more service focused, hence the exemption and deductions given to them are also least. Since the government is more focused towards giving exemptions and deductions to the ventures focused towards production.

Also the success rate of the startups is a big issue. It revolves around the life of many people and their life is also very much effected when the businesses does not work.

With the revolution of this startup industry is at its peak moment, it is the time that the government should start providing some serious benefits to these startups.

Some of the basic benefits which can be given are-

1.   Making the compliances for registration and approvals easy as well as online.
2.   Providing working capital loans at a lower rate of interest or even interest free
3.      Providing 2-5 years tax exemption.
4.      Providing easy tax and law compliances.
5.      Providing suitable deductions under chapter VI.
6.      Providing additional and fast depreciation.

By providing these with suitable modifications and many other schemes, aid and assistance the government can help them grow even in tough situations.

Though the Narendra Modi led government is doing their best to help the business houses in this kind of slump in our economy right now. But it is now the time that the government should help the startup culture to grow out of bounds and become the leaders of tomorrow.

It is now time to act and make the today startups the business houses of tomorrow.

WRITTEN AND POSTED BY

SAMIR DEWAN

EDITOR AT CHARTERED BLOOD