DR. NIMAIN CHARAN BISWAL

HOLI FESTIVAL WISHES FOR EVERYONE  -FOR TODAY AND TOMORROW The "Holi Festival" ( The Festival of Colours ) is being celebrated across India for 2-days, today and tomorrow on 7th March and 8th March, 2023. It is an across the board festival through out India, may be with little different timings in different parts of India spread over these two days. The Holi Festival is synonymous with India's cultural diversity and identified uniquely with India, as it is one of those festivals Unique to India. Best Wishes of Holi Festival to Everyone. About the Author : Dr. Nimain Charan Biswal is a B.Sc.(Agri. Science and Technology), M.B.A. and Ph.D.(Management Area ) by qualifications; and he has 36+ years of work experience in both industrial and development sectors in diversified fields of social importance. He has been educated at Orissa University of Agriculture and Technology (OUAT)-Bhubaneswar, Institute of Rural Management Anand (IRMA) and Gujarat University (with Resource Sup...

  MAHA SHIVA RATRI WISHES FOR THE DAY (18-Feb-2023) FOR EVERYONE I am writing this message without any religious bias and religious confinement. Nobody should think that way, I am making it very clear at the outset. However, I do write on some important festivals celebrated across India from time to time as you see, to let people know its importance and significance for the society and people at large. I write on some festivals as I know about it well being from the faith and I do not write on others on which I do not know well, but I have utmost respect for everyone's faith and I appreciate  very much when anyone writes on such festivals if they know well to make the best use of it (no misuse). I myself being born and following a specific faith, I do respect it utmost, I have tried to keep myself committed as much as possible within my birth and faith, even many would not know, I did not touch liquor in my life time, no smoking, pan, bidi and I have respected my ...

MARKET CAPITALIZATION BASED BUSINESS EMPIRES ARE LIKE BIG BALOONS Globally it has been seen and experienced empirically over time, that the Business Empires when stand on being largely dependent on market capitalization valuations and largely leveraging on market capitalization, they remain like Big "Baloons" swelled in size with a lot of air. The Market Capitalization Value is Notional, it is not intrinsic value most of the times, it is based on speculations and not on the realities many times. A few years back, not very long ago, I was travelling with the Chairman and the Owner (Majority Share Holder) of an European Corporation. We were traveling together for a number of days, staying in the same hotels and spending lot of times together while working on an operational mission.  Hence we had enough opportunities and time to exchange views and ideas. They were a family managed group, doing business of about USD 500 million (in turnover) as per records then, wer...

Republic Day of India and Constitution of India Greetings of the Republic Day of India on 26-January-2023 The Republic Day of India is signified by the fact that on this day, the 26-January-1950, the Constitution of India was put to Effect. Though India became Independent on 15-August-1947, from 15-August-1947 to 26-January-1950 it was still governed under the Government of India Act, 1935 that was passed at the Instance of the British Rule. The Real Independence of India to be Governed by its own Constitution was put into effect from the Republic Day, the 26-January-1950 only. The Constitution of India returned the Fundamental Rights to the Citizens of India from this day. The Relationship of the Citizens to the Constitution of India is like the most enjoyable and abideable "Romantic Relationship" of human life, if I can put it in a language every one will understand easily. You enjoy the fruits of the Constitution like any one would enjoy the Romantic Relationship, the ...

NON-RESPONSE COULD BE THE BIGGEST DISEASE OF A SYSTEM:  THEY THE SYSTEM LEADERS ARE RESPONSIBLE FOR IT The Bright Example for demonstrating the Non-Response from the today's world could be a Computer System. If a computer system is not giving response, it would mean something which everyone will understand easily as: 1. It has severe flaw somewhere, either the hardware, or the software or the both have severe flaw. In almost all the cases, either the Software has become "Corrupt", or a hardware part has gone out of order which is called as the "Rogue" part after having gone bad. The terminologies are coined by the computer professionals, not me. 2. The System has got in to a state of "Hang" by getting into an abnormal path from which it is not able to come out (of it). The same is the situation in an Institutional System, largely possible, if it is not giving response. It requires Intervention, either to replace the "Rogue" hardware...

WELCOME THE PROPOSAL OF SEBI TO SEPARATE BROKERS FROM INVESTORS' MONEY I have been reading the news in the Press and Media since yesterday that the Capital Market and Securities Market Regulator SEBI (Securities and Exchange Board of India) is mooting the Proposal to Separate the Investors' Money from the Brokers ... it is an Welcome Move. In fact SEBI is seeking public opinion about it and I say it will be good move if implemented effectively. Giving a Business Standard Link below for any one not read about it : https://www.business-standard. com/article/markets/sebi- proposes-separating-brokers- from-investors-money-to-avoid- fund-misuse-123011700636_1. html Right now I have no present and live interest on this subject, however, since it is a subject that involves Good National Interest with my Unbiased Opinion I welcome it as a Management Expert. My Opinion is also not unfounded, it is based on lot of past experiences on the subject. It is a practical problem and it g...

MANIPULATED ENTRY AND EXIT IN HELM OF THE (NOBLE) ORGANIZATIONS GLOBALLY : THE EXAMPLE OF THE THE MUGHAL RULE OF THE HISTRY   The Mughal Rule is a fit Example of the History regarding the manipulated entry and exit in helm of the (noble) organizations which is an interesting phenomena, globally, not limited to any single place. A ruler who gets enthroned by manipulative practices, gets subjected to similar practices to be de-throned. History is the witness. It keeps happening in all kinds of organizations including the noble organizations as well. The Creators of the Organizations would always have some Noble Purpose behind it. As long as the Creators are in scene and at the helm in control of the situations, they stay in their original vectored directions. However with passage of time, the Helm becomes the targeted place of manipulation, the interest of such motion is understood well. There is no better Example than the "Mughal Rule" here in India, we don't ha...

SHOULD THE NAME(BRAND) "AIR INDIA" BE ALLOWED TO BE USED BY ITS NEW OWNER (AFTER ITS SALE)? There is no doubt and no question that the Airline named or branded as "Air India" is no more owned by the Government of India after its sale by Government of India to the "Tata Group". It is a Privately Owned Airline like any other private airlines either in India or anywhere in the World. "Air India" was the Name of the National Carrier of India (Owned by Indian Nation, the Government of India) for 69 years from 1953 (from the year of Nationalization from the Tatas ) to 2022 (to the year of its re-sale to the Tata Group). The whole world knew that, Air India meant, the National Carrier of India. During the year 2022, last year, "Air India" was sold to the Tata Group of India and thus Air India right now is owned by a Tata Group Company and Air India is under the private ownership of the Tata Group. When Air India was the National Carrier of Ind...

  INDIAN RUPEE GETTING ACCEPTANCE FOR INTERNATIONAL TRADE WILL HELP INDIAN ECONOMY AS A WHOLE I read this news through First Post, about 35-countries till now willing to use Indian Rupee for International Trade. Giving the link below: https://www.firstpost.com/ business/indian-rupee-going- global-after-russia-35- countries-show-interest-in- inr-trade-settlement- mechanism-11921652.html If this gets into reality, it will help Indian Economy greatly : 1. It will make the Indian Products a tad Cheaper, due to the cost of conversion of Rupee to other Convertible Currencies like USD, EURO and BRITISH POUND gone. In reality, as per my past experience, the conversion cost used to be quite a lot at least 3% +3% (at both sides- at seller's bank and buyer's bank ) and minimum of another 3-5% at the Intermediary Banks. That used to make almost 9-11 % cost of conversion. With this Saving, the Indian Products will be able to pierce the Chinese Business very largely in Exports. 2....

THE TINY SUMMARY UNDERSTANDING OF THE "DEMONITIZATION" VERDICT OF YESTERDAY(02-JANUARY-2023) Yesterday some of you, all of you  or many of you might have read about the Verdict of the 5-Judge Constitutional Bench of Hon'ble Supreme Court of India, that appeared in All Main Stream Media. What has happened exactly in this matter: 1. A Division Bench normally a 2-Judge Bench of Hon'ble Supreme Court of India was hearing the 58-Petitions that were pending before the Supreme Court against the Demonitization announced on 08-November-2016. 2. The Division  Bench referred the matter to a 5-Judge Constitutional and Larger Bench to answer the reference on the matter. 3. Out of the 5- Hon'ble Judges of the Constitutional Bench, 4-of them have held the Demonitization of 2016 as legally valid, where as 1-of them, Hon'ble Ms.Justice B V Nagarathna,  the only Lady Judge in that Bench has given the dissenting judgement that it was unlawful. 4. Since it was a Referen...

  HAPPY NEW YEAR 2023 Wish a Happy New Year 2023 to everyone. 

THE ISSUE OF A PORT AND THE FISHER-MEN/WOMEN : WHEN WE NEED THE BOTH I have been reading and tracking this subject for quite some time as it comes in Press and Media from time to time. There are many publications regarding the Vizhinjam port under construction at the Coast Line of Kerala and the local protests on this subject appearing regularly.  I am trying to put a brief summary of the subject matter for digestion of all. What I am observing and saying here is without bias, but this is an issue that needs to be resolved with the fundamental premises as: 1. A port such as Vizhinjam port at the Southern Coast of India is a need for Strategic Reasons for India.   For all Cargo Movement (Containerized Sea Cargo) from and to India whether from European or Middle-East side ( from/to Western Direction of India ) or from and to South-East Asian Directions ( from/to Eastern Direction of India ), normally and mostly have a transhipment ( temporary rest and shifting to ano...

TRIBUTE TO DR. V. KURIEN ON HIS 101st BIRTHDAY : 26 November This is a Tribute to Dr. V. Kurien, on the "National Milk Day" which is being celebrated on 26-November ( falling on 26-November-2022 ), the Birth Day of Dr. Verghese Kurien, otherwise also, called as the "Milk Man of India" as well as "The Father of the White Revolution of India". Volumes have been written on Dr. Kurien and his story can not be finished in some words, for his significant contributions towards the Dairy Development in India and in other spheres, during his lifetime, that has helped uplift the economic wellbeing of millions of farmers, both men and women spread over more than 6-decades of his effort, across India nationally. His contribution in terms of building and nurturing excellent institutions to sustain resiliently on long term basis in the interest of the society is well known. I have also tried the little I could and have written a number of articles and notes on ...

THE DECISION OF UGC TO DO AWAY WITH PRE-PUBLICATION IN JOURNALS BEFORE FINAL Ph.D. THESIS IS WELCOME This is a piece of Good News for Scholars who may be pursuing or looking forward to pursue Ph.D. in their academic pursuits further in India. This is also a Good News for all in the Society, where the Scholars may be pursuing or may be looking forward to pursuing M.Phil. or Ph.D. Degrees in India. In a recent regulatory decision, the UGC ( University Grants Commission ) who is  the academic Regulator for the Universities and Educational Institutions of India has done away with the following requirements that were made mandatory some time back for the M.Phil. and Ph.D. Candidates as follows: 1. For M.Phil - present at least one research paper in a conference or seminar before submission of final Thesis for evaluation. 2. For Ph.D. - publish at least one research paper in a refereed journal and make two paper presentations in conferences or seminars before submission of final Thesis f...