NOTES(PPTS) FOR HUMAN RESOURCE MANAGEMENT

These presentations provide a to the point overview for Human Resource Management. They would be handy during exam preparations too.

WHAT WILL VODA-IDEA MERGER BRING TO INDUSTRY

It is only after months of deliberations that the mergers between the companies has been approved. All of us know that this merger is due to the lowering market share of the two companies, however, what does it mean to the industry ? Refer to the attached clip.

modi on 71st Independence Day

This Indepwndence Day, our Prime Minster threw light to important aspects of the economy. Here is the attached clip of his speech.

Economics for management studies

Refer to the clip attached for economics studies in the management area

ACCOUNTING FOR MANAGEMENT STUDENTS

The attached clip gives a complete insight into the accounacy subject for management students

FINANCE UNIT 1-MANAGEMENT STUDENTS

Refer to the attached clip for the first unit of finance for management students. This will help give a glimpe of the finacial management subject.

ARTIFICIAL INTELLIGENCE-BANE OR BOON ?

This is an important GD question and also an important peice. 5 people are having a discussion over this topic, in the clip attached.

IS INDIA READY FOR A CASHLESS ECONOMY ?

One question that faces our economy today is, if we are prepared for the transformation to a completely cashless economy. IS INDIA READY FOR A CASHLESS ECONOMY ? Firstly, what exactly do we mean by a cashless economy? An economy where we do not use the traditional methods of making payments with the help of notes and coins , and rely completely on the digital platform for all transactions, big or small. Demonetisation had initially given way to this. The benefits of such an economy are as follows  Cost reduction- Cost needed to store the cash or even transport it.  Check on black money-Since all the transactions are digitalised, we can keep a track on all of them, we can check where the money came from and where it went, with no anonymity of identity, as is prevalent in the traditional method of payment.  Risk free- It is a hassle free task to directly make payment with the phone, transfer money to other person’s account, get money from them etc.  Given way to many new companies-We all know how Paytm had rose to importance right after demonetisation. It is today standing as the top most player in the UPI area, other players being PhonePe, BHIM etc. However, given all these benefits, there is still a lot of scepticism around the fact if India is fully prepared for such a transformation.  The reality pf the matter is that the majority of the population still resides in the rural sector and hence it is alien for them to ditch the traditional method and adopt a digital platform for their transactions. Even in the urban households, most of our domestic workers do have a smartphone today but would not accept a salary transfer vis Paytm. These things have to be considered.  A large portion of the urban sector also fears using computers or mobile phones for fund transfers or transactions, especially when the amount involved is large .  This fear is escalated with the news of scanning, theft, cloning e6tc coming in on a daily basis, preventing people from using this medium on a 100% basis.  We cant let go of the reality that many top notched people in the cou8b6try, employed in different sectors are often involved in illegal activities or under the table practices that cannot take place if our physical money is completely replaced by a digital medium of payment. This was also one of the major reasons why demonetisation as introduced. Hence, eve though a cashless economy is the mist appropriate future for our country and also being accepted slowly but surely , however it is difficult to say if we are at a position where we can educate and ensure our citizens enough, to let go of the traditional mode of payment altogether.

UNEMPLOYMENT IN INDIA

UNEMPLOYMENT IN INDIA Even though India is seen as a fast growing, largest democracy and one of the most economically strong nations of South East Asia, there are reasons that have led to a sluggish growth in the employment rates of the country.  Even though the govt has come up with numerous acts in the past that gave people of the rural area a chance to get employed and earn a living, neither were all the people covered under such acts, nor did the government provide any qualitative work.  Our economy is largely dependent on agriculture, however it remains a seasonal job. Also, many agriculturalists that are still not exposed to the modern techniques on farming rely ion monsoon and often have their crops destroyed.  Another huge problem arises when women are still not allowed to leave the doorsteps of their houses and go out to work in order to earn their bread. Many are not allowed secondary or higher education, others, belonging to the most affluent families are not allowed to wo0rk as it might hamper their family reputation in the society. Well, this also implies that women with higher professional qualification are at times sitting at home.  Our population has always been a hindrance for us. Moving away from the rural area, and peeping into the urban culture of the metropolitan cities makes us realise that even students from the best B schools or medical colleges are not placed or are not employed because of the large number of students and the immense competition. Even though it is an asset but leads to people being unemployed at times ! I believe globalisation has opened numerous opportunities for our economy, atleast as far as the urban sector is concerned. With new companies entering our boundaries everyday, government undertaking new infrastructural projects, thousands of options are provided to the youth. Also, in the recent years govt has started providing funds for the start up initiatives as well for the budding entrepreneurs.