DHIRU CORNER: 2020

Tuesday, July 21, 2020

Benefits of Google Investment

Currently the whole world is facing the sting of Covid-19. Due to which the problem of unemployment has increased in our country. People are living in financial crisis. Many industries have closed down due to lock-down and many are on the verge of closure. In such a situation, news came in the past that Google will invest $10 billion in India over the next five to seven years.

Keeping this in mind, I asked question in front of some friends of my school, what will be the benefit of this. Some of my classmates are in good positions; two of them expressed their views.

A friend who holds a high position in a Multinational Company said that

Any such investment plays out in one or all of 3 ways - 1. Physical set up - manufacturing (pixel, Google home etc). 2. Development- increase resourcing and double down on its dev centers in India. 3. Invest in Indian companies - like FB has done with JIO On all these, there are a few downstream advantages -
1. Jobs - obviously; mostly tech (HW and SW) 2. MACRO - diffused benefits of $10 b injection 3. Regional - Whichever state gets this investment, will experience immediate economic buoyancy due to an ecosystem spawned and wealth creation from the recipient center
Overall, economic value will be created but like everything else, who will capture how much will depend on power structure, preparedness (education, urban anchor etc).

One key thing - it’s not charity. They would use it as a supply node (low cost and highly capable tech talent) as well as demand node (digital in India is kicking off in a big way). B2C side, Google would see us as the world’s largest market (given China situation). On B2B, there are billions to be made too. It may also want to leverage the elevated levels of Govt. spending in next few years.

3 constituencies will benefit primarily - tech talent who get jobs, allied industry sectors (realty, hospitality etc) who sell to Google, Ecosystem (this may include everything around their offices).

Another friend who is a Professor of Economics at a renowned university said that

More important is that it is going to set market signal in right direction. We all know market also function on "animal spirits" (by Keynes). Therefore, this will have exponential effects on Indian economy. Of course, those regions which will facilitate with effective governance, which includes many indicators. Hope, this will another paradigm shift.

Also Read https://blog.google/inside-google/company-announcements/investing-in-indias-digital-future/

Sunday, June 14, 2020

Blood Donor Day : 14th June

Consistent with an estimate, at every three seconds one requires to give some blood. In Step with the Central Drug Standard Control Organization, in India, about 13.5 crore units of blood are required per annum, while only 11 crore units of blood are available. This shows that there's plenty lot of scarcity of blood in India, that's why there's an excellent need of blood donors in India.

Blood Donor Day is celebrated on 14 June, every year. It had been started in year 2004 by World Health Organisation (WHO). It's celebrated to make Blood Donors aware and to promote blood donation. This year's theme is “Save Blood Save Life”. This means donate blood and give new life to others. Blood donation is a Great Donation (Rakt Daan Maha Daan). Gradually, people are understanding its importance. Blood donation by a young and healthy person is not harmful. Blood donation is the hope of new life for those who are blood deficient.
So to save one's life, donate blood
.

Friday, June 12, 2020

QS World Ranking 2021 : Three institutions of India in the top 200

QS World Ranking 2021 has been released. No institute of India is in the top hundred in the world. The Indian Institute of Technology-IIT Bombay has secured 172nd position.

Indian Institute of Technology-IIT Bombay, Indian Institute of Science, IISc Bengaluru and Indian Institute of Technology-IIT Delhi has ranked 200 leading institutions Listed. These three institutes are ranked at 172, 185 and 193 respectively.

Only eight institutions from India have got a place in the top 500 in the world. In the QS World University Rankings 2021, IIT Bombay has slipped 20 places compared to 2020. The Massachusetts Institute of Technology- MIT, 77 Massachusetts Avenue Cambridge, United States has topped the QS World University Rankings.

QS Quacquarelli Symonds is the world’s leading provider of services, analytics, and insight to the global higher education sector, whose mission is to enable motivated people anywhere in the world to fulfil their potential through educational achievement, international mobility, and career development.