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In
today’s businessworld,
information technology is playing
a significant role in managing the
business. It looks like the
technology is a heart of any
business such as retail business,
banking sector, courier industry
etc. It not only saves time but
allows implementing innovative
ideas to improve the business
productivity.
The ideas like cloud computing,
pervasive computing is being
implemented and business are
reaping the benefit of it. Today
business is ready to offer services
to their customer at the tip of the
finger. It’s a win-win situation for
customer and business both.
You look at the financial
institution who is offering
services through internet. It is
very much convenient for the
customer to perform the financial
transaction irrespective of the
location. Railway reservation
system is another example where
earlier people were spending lot
of time to book the tickets. Now
it is very much easy to book the
tickets. There are so many
examples which show how
information technology simplifies
our life.
Technology also has an impact onthe social life. Interaction and
meeting people virtually is a
common thing in today’s life. You
can share your idea/views with
the masses and can be reached
easily. Facebook, orkut linkedin
and twitter are some of the social
meeting point over the internet.
- Chandrashekhar
Ingle
SICCI and IBS®
Pune, India have decided to enter into a co-operative relationship for the general purpose of
promoting opportunities to carry out activities that are mutually beneficial to SICCI and IBS®
Pune, India.The parties hereby agree that:
The SICCI will assist IBS®
Pune, India, in the areas of:
Organizing visits for:
- Business & Trade Delegation, Management executives & Students as well as faculty.
Invite experts from IBS, where appropriate, to participate as speakers, panel members and/or
chair, delegates, participants in seminars and events at SICCI.
The IBS®
Pune, India will assist SICCI in the areas of:
Organizing visits for :
- Business and trade delegations
Organizing attachment / internship programme for Singaporean students.
Offering consultancy to the members of SICCI in the areas of :- Strategic management, business & management audit
- Growth, revival and diversification
- Mergers & acquisitions
- Identify opportunities to promote trade between Singapore and India.
- Undertake feasibility studies, market research in India
- Innovation management
- Supply Chain Management
Inviting experts from SICCI, where appropriate, to participate as speakers, panel members
and/or chairpersons at seminars and events at IBS®
Pune, India.
Inviting members of SICCI for national and international events and seminars in India.
“ When the mirror of life gets dirty with the fog of reality, Just
try wiping it with your faith,
You will see clear reflection of your dreams once again”
Let me also take this opportunity to welcome the students of the batch of 2012 who have commenced theirsecond year of the two year’s management program. I wish the students of batch of 2012 and 2013 all thebest in their studies. Particularly let me extend the best wishes for batch of 2012 for excellent placements. Iwould also like to wish all the faculty and staff a very happy new year, i.e, academic year.
We are beginning the new year on a buoyant mood on account of the following developments which havetaken place in the recent past :
Acquisition of land near Wakad for campus of IBS Pune
Placements of the batch of 2011 have been very good.
IBS Pune continues to register international placements for the fourth year in a row.
MoU signed with Macquarie University, Sydney, Australia by IBS Pune
MoU signed with SICCI (Singapore Indian Chamber of Commerce and Industry) by IBS Pune
MoU signed with FIU (Florida International University) .
LG has offered a scholarship of Rs. 36,000/- and a gold medal to Omkar Avhad, a student of class of 2011. For the past three years in a row, LG has offered such a scholarship to our students.
Three of our faculty members namely, Prof. Pravin Patil, Prof. Abhilas Pradhan and Prof. Ashwini Sovani have completed their Ph.D research work. Please join me in congratulating them.
The academic year 2011-12 will have regular academic sessions, extra curricular activities, events andseminars. In all these activities, whole-hearted participation of students is absolutely essential.
Once again, all the best wishes for an exciting academic year and a bright career and future.
------------------
cccccciiu.
s
GOGREEN Prera
na Volume -1
April-June 2011
www.ibsindia.org
From Director’s Desk
Faculty of Business &
Economics of MacquarieUniversity, Sydney,
Australia and IBS Pune has
signed an MoU
(Memorandum of
Understanding) for the
following purpose :
· Exchange of staff,
academic materials and
information
· Joint research
activities
· Joint conference and
other academic meetings
· PhD Co-supervision
The MoU has been signed
by the Vice Chancellor
Professor Steven Schwartz
on behalf of Macquarie
University and I have
signed on behalf of IBS
Pune.
Information Technology Expert’s View
MoU with MacquarieUniversity
MoU with SICCI (Singapore Indian Chamber of Commerce and Industry)
In this issue:
MOU Macquarie
MOU SICCI
SIP experience
Zeal
Yes Finance
Minister
Smarter Wealth
Creation
NSMQ(AIMA)
IBS Placements
Rotaract Events
LG Award
Dewang Mehta
Awards
Best Faculty
Award
U.K Scholarship
S.A.P
Student’s Insight
Every coin has two sides.Similarly information technology
has its own advantage as well as
disadvantages. One has to decide
how to make use of it for their
personal or professional purpose
so that they would get benefit
and make their life easy .
“ I am happy to know that the first issue of e-newsletter
“ Prerana” will be released on 8th
July 2011 when a special
inaugural address is arranged for the batch of 2013. An
expert in the field of management Mr. Aalok Pandit will
deliver the inaugural address. I am happy to formally
welcome the batch of 2013”.
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OBJECTIVES OF SIP INCLUDE:
1. To provide students with opportunities
to apply the concepts learnt in the
classroom to real life situations.
2. To sensitize students to the nuances of
a work place by assigning time bound
projects in a company.
3. To provide students a platform to net
work which will be useful to improve
their career prospects
The Summer Internship Program (SIP) is meant to bridge the gap between
real-life business and academic institutions. It is a simulation of the business
environment and enables students to experience the rigors of a business
organization.
The SIP emphasizes faculty supervision during the project and the
evaluation of the students at the work center with the active involvement
of the senior management. These efforts have strengthened the closeindustry relationship at academic center and have also paved the way for pre-
placement offers to the students.
STUDENT’S EXPERIENCE
SIP was a great experience and an opportunity which gave me exposure to the practical side of
corporate world. Learning the theoretical concepts and applying it to real life situation is what I
got to learn during my SIP at PUNE STOCK EXCHANGE.
-- Harshad Kulkarni
(Batch 2010-12)
SIP was an experience full of challenges and obstacles which introduced me to the corporate
life as an intern of ONGC. But at the same time it also taught me to overcome all the hurdles,prepared me to face the challenges and achieve the desired goal. I am really thankful to IBS
Pune for giving me this opportunity.
--Piyush Saini
(Batch 2010-12)
I got to work on a more diverse range of work than what I expected before joining the SummerInternship Program. My SIP with “Somharsh Enterprise “was fun and learn experience for me
which also gave me a fair idea about how to prepare myself for the future.
--Dhananjay Singh
(Batch 2010-12)
MCL is indeed one the best organizations to work for. My project brought me in touch with
people from many departments which gave me an opportunity to interact with people of
incredible talent and enthusiasm.
--Arjun Dange
(Batch 2010-12)
The Internship with IDBI CAPITAL, in its Commercial Relationship Banking division, was a
wonderful experience. Every day came with new challenges as well as opportunities to out-
perform myself
--Arpit Agarwal
(Batch 2010-12)
SIP-Exposure to the Real
World
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To secure our present & our Future we need to visit the past; Contemplating on this idea, the theme for Zeal 2011 was
PRADAKSHINA’ -
Back to the FUTURE’
‘Climate Change’ is one of the biggestconcerns for mankind, ZEAL 2011 intendsto spread awareness with its ‘Go Green’
concept!
ZEAL is a signature event of IBS Pune which is a management fest entirely organized by the students of IBS Pune. It gives
an opportunity to all the students of B-Schools in India to showcase their talents in the areas such as:
•To dance is to be out of you.This is power, it is glory onearth and it is yours for thetaking. So come shake a leg andlet the wobrld know what youare capable of.
NRITYA SPARDHA
•TLAN Gaming--Help bring in theessence of the online gamingthat takes you on a ride to anexhilarating world to win overyour virtual foes.
SADYASKA KRIDA
•Management Quiz--Checks yourGeneral Knowledge andnurtures your ideas about thecorporate world.
PARIPRACHHITA
•Fashion Show--For all the girlsand boys, here is a chance toshowcase your personality andconfidence on the ramp.
KALPANA
•Tests an indiviual's behaviourin Conflict Management,CrisisManagement,Inquizitive,StressInterview etc.
CHANAKAYANEETI
•Focuses on real time selling of products in market ,Your Baby-an environmental friendlyproduct creation task etc
VITTAUPAARJAK
•Gives a platform to the youngtalented people to showcasetheir abilities to perform, yetbeing creative in the field of Advertising, Marketing andDesign.
PRAROCHANAH
•Gives an opportunity to theYoungsters to let their mindsopen and create the most eco-friendly business idea of theirlifetime.
KARYA VINYAAS
ZEAL
2011
ZEAL 2011
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NSMQ is a Management Quiz held by AIMA (All
India Management Association) and Organized by
IBS Pune. This quiz is a General Knowledge delight
with the flavors of Business Knowledge, Awarenessabout competent business personalities, Brand
Endorsements etc which enlightened the qualities
of management students. The Partnership of IBS
Pune – AIMA is in existence from more than 5 years
for this prestigious B-School student much awaited
management event.
“This event intends to enrich theknowledge of students and accelerate learning curve in a
stimulating and thrilling environment of the quiz. Through
the event B-School students get an exposure to showcase
their knowledge, talent & Professional skills which helps
them to specialize in handling such a prestigious
management event.”
--Dr. Pravin Patil
(Event coordinator and IBS Pune Faculty)
“Yes Finance Minister” is an annual program held by IBS Pune which aims towards providing an insightful analysis on Union Budget.
This year in 2011 the 10th annual edition of “Yes Finance Minister” felt the presence of the chief economist and president of Yes Bank, Dr. Shubhada Rao
and the chairman of direct taxation committee of MCCIA, Chandrashekhar Chitale, as speakers.
.
When we are talking about investment into capital market
everyone must know that capital market is highly
volatile i.e. it involves risk which results due to
fluctuations in the capital market due to various
reasons. Your success as an investor depends
upon your ability to choose the right investment
options. The right investment is a balance of
three things Liquidity, Safety and return. So to
insure returns on your money you just being smart
is not enough you need to be smarter.
Smarter Wealth creation was an
event intended to create
awareness about Investment. By
investment we mean the
commitment of money or
capital to the purchase of
financial instruments or other
assets so as to gain profitable
returns in the form
of interest, dividends, or
appreciation of the value of the
instrument (capital gains).
SMARTER WEALTH CREATION
● ● ●
“In Comparison with the economicachievements of developing countries,
India has progressed satisfactorily. Along
with rising inflation, rising oil prices, aswell as falling agricultural productivity,
could change the canvas of the budget.
----Chandrashekhar Chitale.
“Focusing on the monetary measures thathave been adopted; as they have been
commensurate with an active fiscal
policy. She said that the provisions thathave been made towards improving
agricultural productivity are quite paltry.”
---Dr. Shubhada Rao
● ● ●
YES FINANCE MINISTER
( An Incisive Analysis Of Union Budget 2011)
Mr. Nilkanth Pandya (AGM, Dept. of Investor Services, BSE) and Prof. Shashank Divekar(Investments &Portfolio Advisor) will share with us various smarter ways to to invest and get the desired returns.
IBS Pune in association All India
Management Association (AIMA) has
organized 7th
National Student
Management Quiz regional round on
Friday 11th
March 2011 at QMTI Hall,
Pune. Mr.Sharad Gangal- Executive Vice
President- HR (Thermax Limited) was the
Chief Guest for this event. Team from
Symbiosis Law College has emerged as
the WINNER and Team from Marathwada
College was the runner up team. The
event also experienced the presence of
Mr.Prassan Yadav (Sr.Manager-Thermax),
Mr.Kamal Singh (Director –AIMA) and
Prof.Dhananjay Keskar (Director –IBS
Pune), and IBS faculties. The position of
Quiz Master was successfully handled by
Mr.Kunal Savarkar.
NSMQ (NATIONAL STUDENT MANAGEMENT QUIZ)
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It is said that for every good career one needs a good
start….and for every good start you need a good institution to
provide a robust platform. In today’s world of tremendous
competition it is not enough to just acquire good knowledge but is
equally important to showcase the talent at the right place at the
right time. And that is where an institution can make a stark
difference to young career aspirants.
And this is where the institutions like IBS-Pune can bring
about remarkable metamorphosis in its students. IBS-Pune has been
a front runner in shaping careers of the young aspiring
management graduates. Hundreds of careers are shaped every year
at the Career Management Center. Career Management Team has
an impeccable track record of achieving good placements year after
year, with the reputed companies, both in India and abroad visitingthe campus to recruit students.
International Placements:
IBS Pune has stepped into global markets by recording a significant increase in its students securing
International Placements. On an average, 10 % of the students have been placed internationally for the last 3 years.
Leading companies from Middle East Asia, Africa and some part of Europe were on the campus in the last three years to
provide scintillating opportunities to the budding executives. More than 85 IBS students have made inroads into
international markets over the years and have brought glory to their organizations.
One of our esteemed international recruiters Mr. S. Sivam of P&G Oman says, “Profile of students have shown marked
improvement which is an indication of dedicated efforts to sharpen the skillsets.”
International Placements-Batch2011:
IBS-Pune has been able to explore the
international markets due to the consistent
rapport with the industry in India and abroad.
The exposure that students get in the
beginning of their career in a global market,
transforms them to become complete global
citizens.
Ankit (2011 batch) narrates howhe feels after securing one of the
prestigious internationalplacements. He says “My
Placement has given me agreater confidence about
working abroad and using theknowledge I gained through MBAfrom IBS. I am gaining experience
working as financial officer atMRS Dubai. I have acquired agood understanding of what’s
required to sell and exportproducts globally. Overall I feel I
am gaining valuable workexperience that I hope will aid
me in future”.
Amber Singh placed in P&GOman says "One of the best
companies to work for in Omanwill be Khimji Ramdas (P&G
Division). The company is havinga very good reputation in all
parts of Oman. You can find oneof the best working and culturalenvironment in the company.
They have great respect for theiremployees and the work. IBS
Pune has provided me the bestopportunity of my life.
International Placements
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LG SCHOLARSHIP
LG Electronics Limited is an illustrious recruiter at IBS-Pune for the past four years. For the past three
years LG has been providing “LG POTENTIAL MANAGER AWARD” in the form of Scholarship of
Rs 36000/- in cash and Gold Medal to one all-rounder student of IBS Pune.
The nominations are invited from reputed business schools and a student is selected by the top
management on the basis of academics and extra curricular activities during the MBA Programme.
This year the scholarship isbeing awarded to the Mr.
Omkar Avhad of the batch of 2011. He is presently working
with Deloitte Consulting.
Blood Donation
Camp
•Blood Donation Camp is held twice a year with the help of Jahangir Hospital; Pune, which experiencesthe contribution of on an average 300 volunteers including IBS Pune students, IBS Faculties and staff.
A Trekking
Camp
•A trekking camp of 2 days was organized in which the students visited “Rajmachi Fort” 15 kms away
from Lonavla. The camp gave a golden chance to experience the rural life and the village environmentwhere life exists without the resources such as electricity etc of which the people in city can’t leave
without.
Prayas
•This was an initiative towards social responsibility. The students of IBS Pune visited two orphanagesand also invited them to the college campus. Various competitions such as Dancing, Singing, Acting andDrawing were held and their performances were awarded. Funds were also collected which wereutilized as an contribution towards providing them with basic necessities.
Navshitij
•“Navshitij” is an NGO working for mentally challenged people who are trained to work and become
independent. They are trained to manufacture as well as sell products such as Chocolates; Candles;Dolls and handmade Paper Bags. This visit was organized with an objective to motivate studentstowards their social responsibility.
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● ● ●
The 18th Dewang Mehta Business SchoolAward held at Taj Lands End, Mumbai on 24th November, 2010. The Dewang Mehta Business Award recognizestalent and leadership amongst the Business School across India. The Awards are supported by Ms. Shaila Mehta-Director, Onward Foundation for Dewang
Mehta awards. The Chairman of the Jury is Dr. Prasad Medury, Partner, Amrop International honored IBS, Pune
● ● ●
DEWANG MEHTA AWARD
IBS PUNE CONGRATULATES IT’S FACULTIES FOR COMPLETING THEIR PhD
Green Code… Green Quotient… Green Marketing has emerged as driving force behind conceptualization toimplementation of innovation ideas worldwide, especially in developed countries. The latest FORTUNE
magazine issue has estimated that Rs. 12,63,800 crore could be lost over the next two decades if India Inc. doesnot implement GREEN strategies Now. Without an aggressive green agenda, analysts say, India cannot
develop. Investors are evaluating cities on their green quotient. Green Strategies are mammoth task for
government and industry. Green strategies broadly cover greening the supply chain, development and certified
energy saver products & services, eco friendly packaging, green transport till green community work. Active
participation of employees, customers and community on environment platform would build image and
reputation of organization. Involving local government agencies and media on environment issues, creates
favorable publicity. Thus, effective implementation of green strategies would provide the much needed
rofitability and sustainability to corporate industry. I heartily congratulate IBS student for taking
GO GREEN as a theme for Prerana magazine.
--Dr. Pravin Patil Faculty, IBS Pune
In this era of Globalization,
corporate responsibility is no
longer merely about local
labour issue, pollution control,
or energy efficiency. Sustainable
business is those that are
helping find global solutions to
our most pressing environment
and social issues.
- Ed Barker
Director of Corporate
Partnership at
Earth watch
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The most memorable part of my life was those three months that i spent in UK with everyone.Experience of modular formatwas interesting and it helped to focus on each subject at one time. Even the faculty members at Birmingham Collage werevery cooperative and friendly.
Prashant Jha
(Batch 2010-12)
I am truly thankful to Mr Dhanajay Keskar sir, for giving me an opportunity to study one semester on scholarship basis in UK.UK is highly acclaimed as the best place in the world where leaders are born and it proved me as well. The level of educationfabricated by the expierence of Icfai education has let me improve many area of my life.
Piyush Saini
(Batch 2010-12)
The study abroad program offered by IBS has been a great one for me. It has made me learn how to handle pressure and alsohow to manage time to meet the deadlines. In addition to this it was also a new experience to be able to explore a newculture and look into new way of life.
P. Krishna Reddy
(Batch 2010-12)
First of all I would like to thank IBS to give me this wonderful opportunity. It was a great pleasure to interact and gel withstudents from different campuses. UK, altogether a new country made us feel really good by their warm welcome be it in fieldof education or culture.
Umangi Shah
(Batch 2010-12)
It was great opportunity given by IBS to have a global exposure to British culture. The modular format was quite interesting tostudy. Industry visits were exciting. Teaching methods of Indian and British professors were different which made our learningexperience joyful.
Tejaswini Potnis
(Batch 2010-12)
The course exposed me to international way of learning and to understand industry requirement/ expectation from a buddingcandidate. The stay exposed me to hard realities of life.My way of looking at real world was broadened dramatically, be that atacademics or otherwise.
Sujal M Raul
(Batch 2010-12)
IBS Pune’s Golden Opportunity- International Study Scholarship
The Deserving Six
Stipendiary Assignment ProgramEarn While You Learn
"I am from an engineering background and want to specialize in finance,
However when I heard about SAP and its benefits I couldn't stop myself to
work in SAP I am so lucky to be part of this wonderful program that inspires
leadership in young people. It provided me with a new found motivation to
succeed. Awards and accolades in SAP Achievers conference is one most
sought after experience in SAP career which I will always remember and
cherish. It makes me feel proud to be recognized for being a good and able
manager. Being acknowledged in such a way made me proud and even more
determined to do things the right way every day and to be involved in what I
enjoy and what I am good at. Receiving such an honor carries a
responsibility to use one's talents to one's fullest potential. SAP has
helped me get exposure to newer avenues for working in a team and gaining
insights into the functioning of corporate entities and consumer behavior.SAP is a validation that I am living my life the right way. "
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Business Ethics
It is all about making money,To make none of differences,Between humanity, money and time.
It is all about changing situations,In an area of huge gathering of work,
It is to concentrate on work that makes serious,But not to make serious things that disturbs us.It always emphasizes on two important things,
When there is an importance of money,Humanity doesn’t values,
But when there is an importance of humanity,Money doesn’t values.
Time matters a lot in business,To update decisions on changing events,It enlightens and brightens when it favors,Or it collapses or vanished when it won’t. By keeping in mind the special value,
As business should regulate,An intension with achieving with higher profits,
Rather to run with a sight of having loss .
Ankur G. Patel
Batch 2013
TeenageOh! The sparkle of teenage years makes me feel nostalgic. This is very critical phase when
the blood is pumping fast in our body. The sudden urge to be rebellious the crushes, the
inexplicable dislike, the brooding, are all symptoms of this teenager phase. The need to look cool
by loosening the tie and keeping shirts unbuttoned reflect this confused stage. This is very
common among the teenager stage. Now do you understand why you behave in this peculiar
attention grabbing behavior?
Parents please be careful, it’s a turbulent stage since children spend their maximum time
at home, and it’s your duty to help your kids in understanding the upheavals inside them. You
have to become “a best friend, philosopher and guide” to your child. Your child should freely
share with you, all hopes, aspirations, phobias, peer-group pressures. Don’t worry. As it’s only a
transient stage, so gently steer emotional confusion. Don’t be angry on them ever whether they
are wrong or not. Try to solve the situation as gently as possible. Make them understand what is
right and what is wrong.
A lot of responsibility has been thrust on teachers regarding behavioral management.
One Aspect which should be tackled is discipline. Teachers should be such that they became role
model for their students. Pupils should be made aware that after a certain limit, outrageous
behavior will not be tolerated. They should become mature enough that they should not be
informed every now and then how to behave. This exercise overflow of energy and emotional
should be challenged into demanding sports like athletics, march past and drill which not only
instill discipline but also maintain mental equilibrium.So, start transforming your behavior. Once you do that, enjoy this period but do not
forget your limits. What is revered and what is sacrilege should be absolutely crystal clear in your
mind. Don’t go overboard and don’t be side tracked. You are the fountain of untapped potential,
the perpetuator of great Indian power in the era of globalization. Don’t be misleading by fake
modernism. Stick to your basic values, though you might change superficially, the innateness of
being Indian in mind body and spirit should be adhered to.
Brijesh R. Patel
Batch 2013
STUDENTS’S INSIGHT
Should India import Technology?When we hear word ‘Technology’, we draw picture of giant machines and tools in our mind. Well,
Technology is not only about giant machines or tools. It’s all about techniques that reduce human efforts.
After all, Human has invented technology for his ease of work. The world is changing rapidly in 21st
century.
After 63 years of independence, the question arises that, are we really independent in terms of Technology?
Well, it’s a point of debate. Some will say yes, we are independent enough to have our own
technology, while others say we are using technology which we had not invented. India is one of the fastest
developing countries in the world along with its neighbor China. So Technology plays important role in
development aspect of such countries. The optimists would say, India have its own technology in fields of
Army, Agriculture, Production, Infrastructure. India has its own nuclear weapons and missiles which shows
essence of Technology in India. India has achieved tremendous success in Information Technology Sector. So
many patents and copyrights are registered under name of Indians.
Though, we have good technology in above fields but still we are very much behind to implement &
use technology. When we compare technologies of India and developed countries i.e. USA and Japan, we are
more than three years behind. The perfect example of it is, when we launched 3G Technology, Japan wasgoing to implement 4G Technology. We import technology from other countries and at the same time they
adopt Advanced Technology!
At the end, I would say, we should not worry about technology should be imported or invented, as
long as technology is helpful to us in developing ourselves and India. Mobile was not invented in India, but
India is one of the biggest consumers of Mobiles in the World. Invention of technology is also vital as it gives
you an extra edge in this competitive world. Maybe we are not the best inventors of technology, but we are
the best users of technology forsure.
Siddharth Sheth
Batch 2013
Android
Android is a software stack for mobile devices
that includes an operating system, middleware and key
applications. It is an operating system for mobile
devices such as mobile phones, tablet
computers and net books. Android is developed by
Google and is based upon the Linux
kernel and GNU software. It was initially developed
by Android Inc. (a firm purchased by Google) and later
positioned in the Open Handset Alliance. It
allows developers to write managed code in a Java-like
language that utilizes Google-developed Java libraries.
The Android operating system software
stack consists of Java applications running on a Javabased object oriented application framework on top
of Java core libraries running on a Dalvik virtual
machine featuring JIT compilation. Libraries written in
C include the surface manager, Open Core media
framework, SQLite relational database management
system, OpenGL/ES 2.0 3D graphics API, WebKit
layout engine, SGL graphics engine, SSL, and Bionic
lib. The Android operating system consists of 12
million lines of code including 3 million lines
of XML, 2.8 million lines of C, 2.1 million lines
of Java, and 1.75 million lines of C++.
Francis U. Christian
Batch 2013
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Child Labour
Can we eliminate child labour? Though it is a desirable goal the fact remains that in the given socio-economic scenario that is prevalent in our country, it is virtuallyimpossible to do away with child labour. One cannot dispute the fact that employers exploit children by paying them much less than what they would pay in adult and the
future of the working children is ruined as they will not be able to attend schools and get educated for a better future.
But when one considers the economic compulsions of the families which force the children to work, one will be compelled to admit that elimination of child
labour will be a distant dream as long as the socio-economic status of these families is not improved. Realizing the harm caused by child labour, the Indian Government
made laws to protect children from exploitation at work and to improve their working condition. Besides, a comprehensive law called Child Labour (Prohibition and
Regulation) Act. 1986, was promulgated to prohibit employment of children in certain occupations and processes.
In 1987, the Indian government formulated National Police on Child Labour to protect the interests of children and focus on general development programmesfor the benefit of children. As a part of this policy National Child Labour Projects have been set up in different parts of the country to rehabilitate child labour. Under
these projects, special schools are established to prove non-formal education, vocational training, supplementary nutrition etc. to children who are withdrawn from
employment.Though elimination of child labour is an impossible task in the current socio-economic scenario, the Indian government is committed to the task of ensuring that
no child remains illiterate, hungry and without medical care. When this ideal will be achieved is a million dollar question.
The developed countries are exerting pressure on developing countries like India to eliminate child labour. According to the current thinking the developed
countries may stop imports of those goods that involve child labour in their production. In some of our cottage industries like making of carpets, children are employed inlarger numbers. These carpets, which are being exported, may soon lose their market abroad if the producers of these carpets persist with child labour.
Child labour is, no doubt, an evil that should be done away with at the earliest. The prevalence of child labour reflects very badly on society that is not able to
stop this evil. But in a society where many households may have to suffer the pangs of hunger if the children are withdrawn f rom work, beggars can’t be choosers. Thesefamilies have to send their children to work, even if the future of these innocents is ruined, as that is the only choice open for them to survive in this world. Therefore,
unless the socio-economic status of the poor families is improved, India has to live with child labour .
Tarunjeet singh Barkey
Batch 2013
Piyush Saini Brijesh Patel Prof. Arun
PrasadSiddharth Sheth
Harshad
Kulkarni
Editorial Team
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