Tuesday, December 6, 2022

OM PRAKASH JHA MY CLASS MATE AT REC NIT CALICUT

 






The above are two photographs of my class mate  OM PRAKASH JHA at REC  NIT CALICUT.  I  was sad to learn that he was deceased in January this year from his daughter Drishti. I count myself fortunate to have got his two photographs from my batchmate Mr.Mahesh whose contact details were provided by Drishti.

I met OMPRAKASH JHA  for the first time in the Basic Electrical Engineering  class of Dr.P P Gerwadis in the first floor class room in the Main Building and thereafter had a  serious and friendly association with him. In 1984 we met at the Pareeksha Bhavan of University of Calicut where both of us had been on some purpose. It was a memorable day.On our way back to the college both of us had lunch at Hotel Oasis in Calicut before walking all the way to the Calicut bus stand and back to the hostels. I used to enjoy meeting him in his room in the first floor of the C hostel

He was a man with deep warmth and  genuinely friendly with me and others and had a studied approach to things. Thereafter I did speak to him several times on the phone in recent times.

I guess I have made him immortal by posting this write-up on the web and many would know I had a warm and genuine friend in OM PRAKASH JHA.

Friday, October 28, 2022

NADAPRABHU KEMPE GOWDA METRO STATION MAJESTIC BENGALURU BANGALORE

 EXHIBIT 1...EXTERNAL VIEW OF METRO STATION AT MAJESTIC




EXHIBIT 2  INTERNAL STRUCTURE OF THE METRO STATION



The above two diagrams if read properly for all practical purposes shows the orientation of the NADAPRABHU KEMPEGOWDA METRO STATION. It is at this station that the PURPLE and GREEN lines of the Metro system meet and people interchange from one line to another.The PURPLE LINE GOES FROM BYAPPANAHALLI ON OLD MADRAS ROAD  TO KENGERI ON MYSORE ROAD and the GREEN LINE FROM NAGASANDRA ON TUMKUR ROAD TO YELACHERAHALLI ON KANAKAPURA ROAD.

WHERE IS THIS STATION LOCATED?

The Metro Station is located in one corner of the Majestic Area  towards COTTON PET  side.It has the Railway Station road on one side and Shantala Silk Road on the other and on the other two sides has the KSRTC bus platforms  1  and  2.The Metro terminal makes a womb like stucture at the Cotton Pet Road end engulfing Platform 3 of the KSRTC. It is slightly far from the Indian Railways Train Station but the underground walk-way connects the Indian Railways Train Station to the Metro Station.


HOW MANY ENTRY GATES DOES THE STATION HAVE?

In the Exhibit 1  there are four Entry Gates shown. Entry 1 is on the Railway Station road side. On entering this gate there is a downward going steep escalator that links the top to Platform 2 which is the Metro Station for trains towards Kengeri.

The Entry 2  links the Metro Station to KSRTC bus terminals 1  and  2.

The Entry 3 exits into an underground tunnel that  goes under the Shantala SIlk Road to UPPARPET/BALEPET/TULASI GARDEN also called CHIKKA LALBAGH.

The Entry 4  technically leads to PLATFORM 3 of KSRTC. However the KSRTC terminal 3 can be also reached from Entry 1 gate..


WHERE IS THE TOILET IN THIS STATION ?

One has to enter the PAID area for access to the TOILET. The TOILET is slightly hidden in this Station. The Toilet is close to Entry 4 or the Entry that leads to Terminal 3 of KSRTC. Drinking Water is also avaliable here. If you are in Platform 2 ..go up the Escalator once ..and on the right is another Escalator leading towards Entry 4  and in the side is the Toilet. Do not exit from any of the Card/token exit points for the toilet. Once you are out of the paid zone there is no access to the Toilet.

What is the General Design of this Metro Station?

THIS METRO STATION HAS TWO UNDERGROUND CHAMBERS.THE AISLE IS ON THE TOP WHERE THE ENTRY GATES AND TOILET EXIST. THE FIRST UNDERGROUND HAS THE PURPLE LINE.(BYAPPANAHALLI TO KENGERI AS OF NOW).THERE ARE TWO INDEPENDANT  PLATFORMS FOR THIS LINE. PLATFORM 1 THAT GOES TOWARDS BYAPPANAHALLI.( CUBBON PARK, MG ROAD AND ULSOOR ARE KEY METRO STATIONS ON THIS STRETCH) AND PLATFORM 2 WHICH GOES TOWARDS KENGERI.(KSR RAILWAY STATION,VIJAYANAGAR AND RAJARAJESHWARI NAGAR,JNANABHARATI BANGALORE UNIVERSITY ARE KEY STATIONS  ON THIS STRTETCH).IN THE FIRST UNDERGROUND OF THE PURPLE LINE THERE ARE TWO INDEPENDANT PLATFORMS NAMELY 1  AND 2  ADDING TO CONFUSION OF COMMUTERS.

IN UNDERGROUND 2 ARE PLATFORMS 3 AND 4. THE BASIC ISSUE HERE IS THERE IS ONLY ONE PLATFORM HERE WITH TRAINS USING THE TWO SIDES OF THE PLATFORM.THIS IS CALLED SINGLE PLATFORM DOUBLE RAIL LINE SYSTEM.THIS SYSTEM IS USED BY THE ENTIRE KOLKATA METRO.ONCE YOU ARE IN THIS PLAFROM THERE IS NO CONFUSION AS THE DESTINATIONS ARE CLEARLY MENTIONED ON THE WALL.

How many Escalators are there in this Station?

In Exhibit 2 four Escalators are shown. Escalator 1 and Escalator 2 are within the CIRCLE AREA of the top AISLE. Escalator 1  takes you to Platform 2 going down its two components. This is in Under Ground 1. When you go further it goes to Underground 2 of the Green Line. ESCALATOR 1 IS MARKED L1 IN THE FIGURE.

Escalator 2 shown as L2 in Exhibit 2  takes you down to platform 1 in Under Ground 1  and further down it leads to Underground 2  of Green Line namely platform 3 and 4.

Escalator 3  shown as L3 leads to Entry Gate 4 or E4 THAT LEADS TO ksrtc terminal 3.

Escalator 4 shown as L4 links Entry Gate 1 to Platform 2.


How many Lifts are there in this Station?

There are two lifts in this Station shown  F1  and F2 in the diagram Exhibit 2..The Lifts connect the top Circular Aisle to both the underground platforms.


HOW TO GO FROM PLATFORM 1  TO PLATFORM  2  ?


VERY SIMPLE ..THERE ARE TWO WAYS. GO UP THE ESCALATOR TO THE CIRCULAR AISLE AND DIAMETRICALLY OPPOSITE YOU WILL SEE AN ESCALATOR GOING DOWNWARDS LEADING TO PLATFORM 2  OR YOU CAN ALSO USE THE LIFT AND GO ONE FLOOR DOWN.SIMPLER AND FAST WAY IS TO USE THE ESCALATOR.

THE OTHER WAY IS GO DOWN ON THE ESCALATOR TO PLATFORM 3 AND 4  AND WALK ALONG THE PLATFORM UNTIL YOU REACH THE STAIRS OR ESCALATOR THAT LEADS TO PLATFORM 2.


HOW TO GO FROM PLATFORM 2 TO PLATFORM 1?

JUST REVERSE THE PROCEDURE MENTIONED ABOVE.



Friday, October 14, 2022

THE GLORY THAT IS HAMPI

Living in the city of  Bangalore I made a mistake by not visitng Hampi before.I checked into one of the KSTDC tour for a few days which is called the  NKT North Karnataka tour largely due to some last minute cue and I thought it propitious to go on the trip and never regret having taken the last minute decision and the things that I saw at some of these places left me in  awe and spell-bound.Basically though we got to see many places Hampi and Gol Gombuz stand out and any person around the world cannot be forgiven for not visiting this place atleast once.


What is this place called Hampi? Hampi is a sub city in the overall design of the city called Vijayanagar.Where is Vijayanagar? Vijayanagar is an old time city like Bangalore which was the capital of the Vijayanagar kingdom.The city of Vijayanagar is some twenty kilometers in radius some fifteen kilometers from Hospet. Where is Hospet? Hospet is a modern day town in the so-called Hyderabad-Karnataka region adjacent to the Eastern Ghat Mountains.The bus from Bangalore goes along the Mumbai highway and turns right towards the Eastern Ghat mountains culminating in Hospet.


Vijayanagar appears to me to be a city of yore tucked between the Eastern Ghat mountains and the Tunga Bhadra river which is very broad and resouceful here.The Emperors of the Vijaya Nagar kingdom thought it  befitting to erect a city at this place because of the copious supply of water.Ground water may not be very deep.The rains drained water down the eastern ghat mountains were routed into specialized tanks  and stored and in the summer the Tunga Bhadra river served water to the township.


Hither-to I was under the mistaken impression  that the marauders who invaded the Vijayanagar kingdom in 1565 completely destroyed the city. They set fire to many wooden structures but structures built in stone stand even today very much in-tact and one must see this place for its enormity ,design and its imposing posture which leaves people wonder struck.

The entire city of Vijayanagar has four small townships. The Vittala Nagar , the Kamala Nagar, The royal enclosure and Hampi.Hampi is on the eastern ghat mountains and the other three townships in the space between the mountains and the Tunga Bhadra river.In Hampi most of the structures are stone carved and chiselled and in other places built with mortar and other construction material.

The Vittal Nagar housed the Vittala temple which is in ruins but a splendour to see with well ordained pathway leading to the temple.It appears to me a private temple of the royal house-hold. Note that at its zenith the entire city of Vijayanagar possibly hosted half-a-million people. Most of the temple is in ruins and is adjacent to the Tunga Bhadra river.The TB river is very broad here and is copious and some bridges have been constructed through the TB river in the past with stone pillars to spots across the river which must have acted as transit points to the world outside.

Few kilometers from here is the Kamal Nagar where the Lotus palace is situated and appears to me as a modern day equivalent of a Ladies hostel.There is a major elephant stable ..elephants were a modern day equivalent of a car which ferried people from one place to another. Few kilometers away from this place is the Royal Enclosure where the Royalty lived and conferred. Complicated water systems and tanks are abundant at this place with various forms of storage facilities. A pedestal exists here some thirty feet high with a flight of stairs and modern day equivalent of an open air auditorium visible from all sides.

We are slowly moving towards the Eastern Ghat mountains where the city of Hampi exists literally on the confines of the eastern ghat mountains ..the entire city being stone carved and chiselled the most wonderous component of the Vijayanagar enclosure enclosing ,encompassing and writ with monoliths and more extended stone carvings and temples and a full stretch of market places of yore and on one end is the Virupaksha temple ..a Shiva temple imposing in its demeanour even to this day be-speaking in silence the years of history that encompassed this place. How many centuries or years it took to erect such a structure is un-clear but it is truly a wonder and must see..stones of the eastern ghat mountains converted into gargantuan structures.

The entire city of Vijayanagar was possibly built of stones ,mortar and wood and the wooden structures were possibly burnt to the ground by the combined forces of  Ahmednagar, Bijapur and Golconda who razed this place un-abated for nearly nine months and looted the wealth ..but the larger wealth of ingenuity ,design , rhythm,posture and glory of this place remains in-tact and anyone who has not visited atleast the Hampi part of the Vijayanagar city is truly missing something un-forgiving and unique.

Friday, September 30, 2022

BMP:SEM4:PAPER 4/4:SPECIALIZATION ECONOMICS:ECONOMETRICS

 Module 1:

Inference – Problems in non-experimental science – Criteria for model specification.

Module 2:

Consumer behaviour – Derivation of demand functions and theoretical restrictions –

Specification and estimation of demand functions – Elasticities – Engel curve.

Module 3:

Producer’s behaviour: Specification and estimation of production function – CobbDouglas, Translog and CES production function – Measurement of partial and total factor

productivity.

Module 4:

Identification – Market model – Simple Keynesian model – Estimation and testing.

Module 5:

Economic forecasting – Methods of forecasting – Limitations.

Module 6:

Application of econometric tool in verification of selected economic topics – Wagner’s

law of public expenditure – Various methods of estimation of elasticities in taxation –

Demand for money – Inflation–output trade off – Export led growth strategy hypothesis –

Inter-relationship between fertility rate, work participation rate and family planning adoption.


BMP:SEM 4:PAPER 3/4:SPECIALIZATION ECONOMICS:INTERNATIONAL TRADE

  Module 1: Theory of International Trade

The pure theory of international trade – Theories of absolute advantage, comparative

advantage and opportunity costs - Modern theory of international trade; Theorem of

factor price equalization; Empirical testing of theory of absolute cost and comparative

cost – Heckscher-Ohlin theory of trade - Kravis and Linder theory of trade; Role of

dynamic factors, i.e., changes in tastes, technology and factor endowments in explaining

the emergence of trade; The Rybczynski theorem – Concept and policy implications of

immiserizing growth; Causes of emergence and measurement of intra-industry trade and

its impact on developing economies.

Module 2: Measurement of Gains and Theory of Interventions

Measurement of gains from trade and their distribution; Concepts of terms of trade, their

uses and limitations; Hypothesis of secular deterioration of terms of trade, its empirical

relevance and policy implications for less developed countries; Trade as an engine of

economic growth; Welfare implications – Empirical evidence and policy issues; Theory

of interventions (Tariffs, Quotas and Non Tariff Barriers); Economic effects of tariffs and

quotas on national income, output, employment, terms of trade, income distribution;

Balance of payments on trading partners both in partial and general equilibrium analysis;

The political economy of non-tariff barriers and their implications; Nominal, effective

and optimum rates of tariffs – their measurement, impact and welfare implications; Trade

under imperfectly competitive market.

Module 3: Balance of Payments

Meaning and components of balance of payments; Equilibrium and disequilibrium in the

balance of payments; Process of adjustment under systems of gold standard, fixed

exchange rates and flexible exchange rates; Expenditure-reducing and expenditureswitching policies and direct controls for adjustment; Policies for achieving internal and

external equilibrium simultaneously under alternative exchange rate regimes; A critical

review of the monetary approach to the theory of balance of payments adjustment;

Foreign trade multiplier with and without foreign repercussions and determination of

national income and output; Relative merits and demerits of fixed and flexible exchange

rates in the context of growth and development in developing countries.

Module 4: The theory of Regional Blocks

Forms of economic cooperation; Reforms for the emergence of trading blocks at the

global level; Static and dynamic effects of a customs union and free trade areas;

Rationale and economic progress of SAARC/SAPTA and ASEAN regions; Problems

and prospects of forming a customs union in the Asian region; European Union; Rise

and fall of gold standard and Bretton-Woods system; Need, adequacy and determinants

of international reserves; Conditionality clause of IMF; International Monetary System;

India and developing countries; Theory of short-term capital movements and East Asian

crisis; Functions of GATT/WTO (TRIPS/TRIMS), UNCTAD, IMF, World Bank and

Asian Development Bank – Their achievements and failures.

Module 5: Trade policies in India

Trade problems and trade policies in India during the last five decades; Recent changes in

the direction and composition of trade and their implications; Rationale and impact of

trade reforms since 1991 on balance of payments, employment and growth. Problems of

India’s international debt; Working and regulations of MNCs in India; Instruments of

export promotion and recent import and export policies and agenda for future.


BMP:SEM4:PAPER 2/4:ECONOMICS SPECIALIZATION:PUBLIC ECONOMICS

Module 1: Rationale for Public Policy

Allocation of resources – Provision of public goods; Voluntary exchange models; Impossibility of

decentralized provision of public goods (contributions of Samuelson and Musgrave); Demand

revealing schemes for public goods – Tiebout model, theory of club goods; Stabilization Policy –

Keynesian case of stabilization policy; Uncertainty and expectations; Failure of inter temporal

markets; Liquidity preference; Social goals; Poverty alleviation; Provision of infrastructural

facilities, removing distributional inequalities and regional imbalances.

Module 2: Public Expenditure

Wagner’s law of increasing state activities; Wiseman-Peacock hypothesis; Pure theory of

public expenditure; Structure and growth of public expenditure; Criteria for public investment;

Social cost-benefit analysis – Project evaluation; Estimation of costs, discount rate; Reforms in

expenditure budgeting; Programme budgeting and Zero base budgeting.

Module 3: Taxation

Theory of incidence; Alternative concepts of incidence – Allocative and equity aspects of individual

taxes; Benefit and ability to pay approaches; Theory of optimal taxation; Excess burden of taxes;

Trade-off between equity and efficiency; Theory of measurement of dead weight losses; The

problem of double taxation.

Module 4: Public Debt

Classical view of public debt; Compensatory aspect of debt policy; Burden of public debt; Sources of

public debt; Debt through created money; Public borrowings and price level; Crowding out of

private investment and activity; Principles of debt management and repayment.

Module 5: Fiscal Policy

Objectives of fiscal policy – full employment, anti-inflation, economic growth, redistribution of

income and wealth; Interdependence of fiscal and monetary policies; Budgetary deficit and its

implications; Fiscal policy for stabilization – Automatic vs discretionary stabilization; Alternative

measures of resource mobilization and their impact on growth, distribution and prices; Balanced

budget multiplier.

Module 6: Fiscal Federalizm

Principles of multi-unit finance; Fiscal federalism in India; Vertical and horizontal imbalances;

Assignment of function and sources of revenue; Constitutional provisions; Finance Commission;

Devolution of resources and grants; Theory of grants; Resource transfer from Union to States –

Criteria for transfer of resources; Centre-State financial relations in India; Problems of

states’resources and indebtedness; Transfer of resources from Union and States to local bodies.



BMP:SEM4:PAPER 1/4:SPECIALIZATION ECONOMICS:INFRASTRUCTURE ECONOMICS

 Module 1 :

Infrastructure and economic development – Infrastructure as a public good; Social and

physical infrastructure; Special characteristics of public utilities. The peak load, Off load

problem; Dual principle controversy; Economies of scale of joint supply; Marginal cost

pricing vs. other methods of pricing in public utilities; Cross subsidization – free prices,

equity and efficiency.

Module 2 :

The structure of transport costs and location of economic activities; Demand for

transport – Models of freight and passenger demand; Model choice; Cost functions in the

transport sector; Principle of pricing; Special problems of individuals modes of transport;

Inter-model condition in the Indian situation.

Module 3 :

Rate making in telephone utilities; Principles of decreasing costs in telephone industry –

Characteristics of postal services; Criteria for fixation of postal rates; Measurement of

standards of service in telephone and postal utilities.

Module 4 :

Primacy of energy in the process of economic development; Factors determining demand

for energy; Effects of energy shortages; Energy conservation, renewable and nonconventional sources of energy; Energy modeling; The search for an optimal energy

policy in the Indian context.

Module 5 :

Bulk supply and pricing of electricity – The relative economics of thermal, hydel and

nuclear power plants – The case for a National Power Grid, financing water utilities -

Urban and rural water supply; The exploitation of National Gas; Pricing problem.

Module 6 :

Organisation and financing of supply of social services; Private vs public sector

financing; Recent debate about the fixation of prices of social services; Development of

social services in the successive Indian plans.

Module 7 :

Education and economic growth; Approaches to educational planning, social demand,

rate of return and manpower balance approaches; The case for universal, free, primary

education; Structure of higher education and problems of its financing in India; Human

resources and human capital development – The issues in education policy; Health

dimensions of development - Determinants of health – Poverty, malnutrition, illiteracy

and lack of information, Economic dimensions of health care – Demand and supply of

health care, Financing of health care and resource constraints - Inequalities in health –

Class and gender perspectives; Institutional issues in health care delivery.


Thursday, September 29, 2022

BMP:SEM4:FINANCE SPECIALIZATION:PAPER 4/4:SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT


1. Introduction 

The Investment Environment, Financial Instruments, The Securities Trading – Market &

Mechanism.

2. Security Analysis: 

Macroeconomic and Industry analysis, equity Valuation Models, Company analysis,

Brief Overview of Technical Analysis (Charts, Line Charts, Line & Volume, Charts, Point

&Figure Charts, Bar Chart, Candlestick Chart, Various Patterns, Dow Theory & Elliot

wave Theory).

3. Portfolio Theory: 

Concepts of Risk & Return, Diversification of Risk, Optimum Portfolio Selection Problem

- Markowitz Portfolio Theory - Mean Variance Criteria (MVC) - MVC and Portfolio

Selection - Portfolio Selection.


4. Equilibrium in Capital Markets: 

The Capital Asset Pricing Model, Index Models, Arbitrage Pricing Theory and Multifactor

Models of Risk and Return, Market Efficiency and Behavioral Finance, Empirical

Evidence on Security Returns.

5. Bond Portfolio Management : 

Bond Prices and Yields, the Term structure of Interest Rates, Managing Bond Portfolios.

6. Active Portfolio Management: 

Portfolio Performance Evaluation, International Diversification, The Process of Portfolio

Management, The Theory of Active Portfolio Management.


BMP:SEM4:PAPER 3/4:MANAGING FINANCIAL INSTITUTIONS:FINANCE SPECIALIZATION

 Managing Banks and Financial Institutions


1. Bank and Banking: 

Permissible banking activities – Types of banks in India – Role of RBI as a regulator –

Money Market Instruments- Concept of NPA and Prudential Norms.

2. The Insurance Service 

Need and importance Life and non-life insurance-Players in life and non-life insurance –

Essentials of insurance contracts – Risk appraisal and selection – Life and non-life

insurance products including unit linked plans – Role of IRDA.

3. Merchant Banking: 

SEBI guidelines for merchant bankers (basic ideas) – Issue Management – Equity

issues – Rights issues – Debenture Issues – Book building – Private Placements – Pre &

Post issues activities – Raising capital from International markets: ADRs, GDRs, ECB

etc. (Basic concepts).

4. Lease and Hire purchase: 

Meaning and Types of leasing – Legislative frameworks – Matters on Depreciation and

Tax – Problems on leasing – Hire Purchasing – Concepts and features – Tax and

Depreciation implications – Problems on Hire Purchasing.

5. Credit Rating : 

Definition and meaning – Process of credit rating of financial instruments-Rating

methodology-Rating agencies-Rating Symbols of different companies- Role of SEBI.

6. Mutual Funds: 

Concept - Types - Nature – NAV – Trends in Indian Mutual Fund Market -Regulatory

Framework and Role of SEBI.

7. Other Financial Institutions:

NBFC- Public Financial Institutions- Foreign Institutional Investors

8. Global Banking- Basel Norms:

Recent Trends


Tuesday, September 27, 2022

BMP:SEM4:FINANCE SPECIALIZATION:INTERNATIONAL FINANCE:PAPER 2/4

 Unit-I Introduction: International Trade, Its Importance, Theories of International Trade- Theory Comparative Costs, Classical Theory,

Absolute Advantage, Hecksher-Ohlin Theory, Free Trade V/S Protection ,Barriers To Foreign Trade, Tariff And Non-Tariff Barriers.

Unit-II Balance of Payment : Meaning Of BOP, Components Of BOP, Importance

Of BOP, Meaning Of Deficit And Surplus, Equilibrium, Disequilibrium And Adjustments, Methods Of Correcting Disequilibrium, Accounting Principles In BOP.

Unit-III Foreign Exchange Markets: Defining Foreign Exchange Market, Its Structure, Settlement System, Exchange Rate, Participants, Understanding SPOT And Forward Rates, Foreign Exchange Quotations,Premium And Discount In Forward Market, Cross Rates, Inverse Rates And Arbitrage.

Unit-IV Exchange Rate Determination: Determination Under Gold Standard And Paper Standard, Factors Affecting Exchange Rates, Purchasing Power Parity Theory, Demand And Supply Theory, Equilibrium Rate Of Exchange, Fluctuating V/S Fixed Exchange Rates, Exchange Control,Objectives Of Exchange Control

Unit-V Instruments: ADR, GDR, Euro Currencies, International Commercial Papers.

Unit-VI International Financial Institutions: Introduction To IMF, Its Importance,Functions and Significance.


BMP:SEM4:PAPER 1/4:FINANCE SPECIALIZATION:TAXATION

 Unit 1: Concept and terms of income tax: Person, Assessee, Previous year, Assessment year,Income, Casual Income, Gross Total Income, Total Income, Agricultural Income, Exempted Incomes. 

Residential Status: Rules for determining residential status of Individual, HUF, Firm and Company, determination of residential status, Incidence of tax and residential status,computation of gross total income on the basis of residential status. Practical problems.

Unit II: Income from Salary: Salary, Allowances, perquisites and retirement benefits,deductions. Practical problems.

Unit III: Income from House Property: Annual Value, let out property, self occupied properties, deductions, computation of income from house property. Practical problems.

Unit IV: Income from Business: Depreciation and other permissible deductions, disallowable expenses, income and expenses of illegal business, computation of Business income.

Income from Profession: Computation of Doctors, Lawyers, Chartered Accountants, Civil Engineers, Practical problems.

Unit V: Introduction to GST: Definition of GST, Meaning, Need for Introduction of GST,Different Models of GST, Goods and Services Exempted from GST, Registration Process,Taxable Events, Assessee’s Liable to Pay GST (Theory only).

Skill Development Activities:

1. Prepare a list of taxes levied by local authorities in your local area/city.

2. Determination of term “salary” for different purposes, like calculation of HRA,

accommodation facility, etc.

3. Collect salary slip, (pay slip) from an employee of an organization.

4. Filing of Tax return 

BMP:SEM4:OPERATIONS MANAGEMENT:PAPER 4/4:MANAGEMENT OF TECHNOLOGY

 UNIT 1

Introduction and key aspects of Technology Management,,Sources and types of Technology,Changing context of Technology Management,Critical factors in managing Technology.


UNIT  2

Need assessment of Technology,Industrial analysisand technology planning,Technology choice and life-cycle,Technology acquisition and utilization,Technology forecasting.


UNIT 3

Organizational implications of Technology,Financial aspects in Technology Management,Social issues in Technology Management,Technological change and Industrial Relations


UNIT 4

Technologial Assessment and Environmental Impact Assessment, Human aspects in Technological Management,Tecnology transfer: Licencing, Joint Venture and Alliance.



Friday, September 23, 2022

WO TERE PYAR KA GUM..MUKESH SONG

 


WO TERE PYAR KA GUM..HINDI SONG..MUKESH

 https://youtu.be/8SEpnYJ4ijY

BMP:SEM4:OPERATIONS MANAGEMENT SPECIALIZATION:PAPER 3/4:PROJECT MANAGEMENT

 UNIT – 1

Introduction: Capital investments, types of capital investments, Phases of capital

budgeting, objectives of capital budgeting, common weakness in capital budgeting.

Generation and screening of project ideas: Tools to identify investment opportunities,

scouting for project ideas project rating index.


UNIT – 2

Market and demand analysis, technical analysis, cost of project means of finance, cost of

production, working capital requirement and its analysis. Time value for money, investment

criteria- NPV, IPR, Benefit Cost Ratio, Payback period, Project cash flow. Balance sheet and

Budgetary control.


UNIT - 3

Risk analysis: Sources measures and perspectives of Risk, discussion on different methods

of Risk analysis, like sensitivity analysis, scenario analysis, break-even analysis and

decision tree analysis. Social Cost Benefit Analysis: rationale for SCABA, UNIDO

approach, Little-Mirrles‘s approach, shadow pricing, public sectors investment decision in

India.


UNIT – 4

Project organizations: Types of project organizations structure for project management,

Human aspects in project Management. Networks Techniques in Project Management:

Development of project network, time estimation, determination of critical path. PERT Model

and CPM model. Network cost system.



UNIT – 5

Project review and administrative aspects, control of in-process projects, post completion

audit Atonement Analysis. Discussion of case studies in project management.



Friday, September 16, 2022

BMP:SEM4:OPERATIONS MANAGEMENT SPECIALIZATION: PAPER 2/4:SERVICE OPERATIONS MANAGEMENT

 1. Introduction to Service Operations Management: Servitization, strategic vision of

services

2. Designing service processes: Fit between service processes and competitive strategy

3. Capacity and queue management I: Matching supply with demand, queueing theory

4. Capacity and queue management II: Application of queue management in services

5. Managing innovation: Deriving value from operational strength and efficiency

6. Managing expansion: Capacity planning and interplay of capacity with other corporate

functions

7. Outsourcing services: To analyze risks and benefits of outsourcing service to clients

8. User centered design: Concept of user-centered design of service as opposed to

traditional market research and design

9. Customer participation: Managing operating role of customers and the opportunities


10. Customer economics and retention: Understanding customer economics and defining

customer acquisition and retention strategies

11. Revenue management I: Introduction to revenue management and practice in services

industry

12. Revenue management II: Pricing and application to airlines industry

13. Employee management Process of developing workforce capability in hotel business


BMP;SEM4:OPERATIONS MANAGEMENT:PAPER 1/4:ERP ENTERPRISE RESOURCE PLANNING

 ERP-Introduction; Advantages; ERP and Business – value creation; Integrated Information

Management; Enterprise and ERP, Business modeling; Integrated data model . To ERP or

not to ERP – Strategic Options; Benefits of ERP: Quantifiable, Intangible; P&G; Risks:

People, process, Technology, Implementation, Operational and Managerial

risks.IIntroduction to ERP related technologies; Functional modules of ERP software.;

Implementation of ERP: Life cycle; Implementation methodologies, transition

strategies;People involved in implementation; Success and failure in implementation –

factors. Operation and Maintenance of an ERP system.;

Thursday, September 15, 2022

KUMTA, SIRSI AND GOKARNA IN UTTARA KANNADA DISTRICT

 These three places in Uttara Kannada district of Karnataka state was always a matter of confusion for me and I decided to solve this confusion by visiting these places myself. I have travelled upto Murdeshwar and was curious about what lay ahead. I take a holiday once in six months a very short stint at some place of interest.

I called up a hotel in Gokarna almost got an instant hotel reservation and was worried about the weather but forecasts for the weather were not bad and I decided to make my short spurt and found a VOLVO bus almost ready for departure at the Majestic bus stand and got into it. I was told the bus would traverse through Shimoga, Sagar, Siddapura ,Sirsi, Kumta to Gokarna.

After some time I occupied the special seat adjacent to the driver and was chatting with him  till Shimoga and I thought it time to take a nap and almost early morning woke up at Sirsi and thereafter went back to the seat beside the driver for the rest of the journey through what is called a State Highway 69. I was wearing an NIT Calicut jacket which protected me from the cold in these areas. From Sirsi through narrow roads laced with rivers and rivulets and almost meagre sign of population around I was chatting with the driver who was manning the bus through a road rid with pot-holes  through this entire stretch. These VOVO buses have to praised for its speed ,ease of control and its ability to withstand very bad road conditions. Some seventy kilometres from Sirsi the bus intercepts the ARABIAN COASTAL ROAD a road that for all practical purposes runs alongside the Arabian Sea coast sometimes almost touching the sea and at times distancing itself from the sea. At many places it is four lane.

At Kumta I had breakfast at the hotel in the bus stand and thereafter the bus proceeds to Gokarna. Note a very important point. From Sirsi to Gokarna it is not mandatory to be at Kumta. You can directly go to Gokarna by turning right at the Junction on the ACR(Arabian Coastal Road). KSRTC buses come to Kumta as a matter of procedure set in the rules.


From Kumta the bus proceeds to Gokarna. Some kilometres ahead the bus leaves the highway and turns left into a road which resembles a simple city road some ten feet in width and bus travels through river beds and some twenty kilometers ahead is Gokarna. Gokarna has the Mahabaleshwar temple dedicated to Lord Shiva.


Gokarna  Beach

Every thing said and done I liked this place called Gokarna. Friendly people with excellent eat outs all around. I had a stroll down the road to the Mahabaleshwar temple and down the road is the beach. The beach at Gokarna is small may be some hundred meters in all with very attractive surroundings.

Something about these places Kumta, Sirsi and Gokarna. SIRSI is not a coastal town but a place like Madikeri or Sringeri in the bosom of the Western Ghat mountains some seventy kilometers from the Arabian coast. KUMTA is a city on the Arabian coast on the Arabian Coastal Road some sixty kilometres north of Bhatkal and Murudeshwar.

What is GOKARNA ? Gokarna is a temple town adjacent to the Arabian sea some twenty five kilometers from the Arabian Coastal Road and some  say forty kilometers from Kumta. These distances I mention may not be perfectly accurate but roughly so. GOKARNA is on the Arabian sea beach. Sirsi  is a town on the Western Ghat mountains...Kumta is town like Kundapur close to the sea and adjacent to the Arabian Coastal Road.