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    A Monthly Newsletter from the Students of

    Department of Management Studies,

    IIT Roorkee

    Volume - II Issue09 September 2011

    In this issue

    Cover story - The challengecalled Unique IdentificationNumber

    You Innovate, I Copy andPaste ! ! !

    Private Investment in Edu-cation Sector in India

    Social Media Marketing Putting handsets inside con-

    sumers pocket

    CHLOROPHYLL- Cause This, This Is A Poem

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    Dear Readers,

    Its the month of September. The month remembered for the fearsome terrorist attack on the World Trade Center. The

    constant news of financial instability in the Euro Zone further adds to the bleakness of this month. Falling markets, de-

    clining growth rates, growing unemployment; all point to a very uncertain future with economists predicting another re-

    cession on its way unless proper measures are taken. In the end it may all turn out to be a big false alarm but for now the

    global economy stands in an atmosphere of uncertainty and doubt. To take your mind off all this and to give you a fresh

    perspective of the world around we are here with another invigorating issue of domination with new articles and fresh

    new creativity.

    Starting on the home front; India or rather Nandan Nilekani envisaged almost the impossible when they dreamt of a

    unique Id for every Indian. The project Aadhar currently undergoing all across the country tries to bring that dream into

    reality. To generate a unique id for a population of this size is no ordinary task and the project is one of the most ambi-

    tious projects ever planned in the country. The cover story The Challenge called Unique Identification Number pro-vides an in depth coverage of the project and elucidates the obstacles that stand in its completion.

    Next we have an article interestingly named You Innovate, I Copy Paste. As suggested by the name, the article re-

    searches on plagiarism in the field of business innovations and strategies and how companies imitate each other to gain

    competitive advantage.

    The article Private investment in the education sector in India covers the investment scenario in education sector and

    weighs the pros and cons of increasing investments in the education domain

    Social Networks have been used all over the world for recreation and online socialization. It has taken the world by

    storm .But what happens when the companies decide to use Social Media as a marketing Tool. Social Media Marketing

    covers the benefits and risks associated with integrating social network media into your marketing plans.

    Putting Handsets inside consumers pockets covers the ever increasing, continually diversifying, highly dynamic mar-

    ket of the mobile handsets and provides a glimpse of the various strategies employed by the mobile makers to put their

    mobile into your pocket.

    As a regular feature, DoMS-da-Evince covers a distinguished alumni from the batch of 2002 , Smitha Beohar.

    Regardez IEconomie provides a snapshot of the Indian economy and covers the latest developments in the economic

    world.

    And to wrap it all we have an aptly titled poem Cause This, This is a poem and Qutopia for those who love quizzing.

    Its the tradition of the world that old gives way to new. A similar transformation marks the September issue as new

    blood joins Team Domination and bring along with them new ideas and stimulating new creativity. The September issue

    marks the first contributions from the new batch at DoMS and surely helps in re invigorating the magazine. Hoping this

    invigorating spirit catches you too and provides a fresh new perspective from this bleak atmosphere, its Team Domination

    wishing everyone happy Reading !

    -Regards

    Team Domination

    Editors Desk

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    The challenge called Uniqueidentification Number

    Shruti Goel

    Putting handsets in side con-sumers pocket

    You innovate, I copy paste...Udit Gupta

    Cause This, This Is A Poem

    Interaction withSmita Beohar

    DoMS-da-Evince

    SayantanPawan Upadhyay

    Private investment in educa-tion sector in India

    Divye Garg

    Cover Story

    Manav Kaushik

    Prateek Tomar

    Social Media MarketingAditi Joshi

    Shibi Singh Qutopia - 20

    Regardez I'economie

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    Page 4Cover Story

    AnkajiBhai Gangar, a 49-year-old subsis-

    tence farmer, stood in line in this remote

    village until, for the first time in his life, he

    squinted into the soft glow of a computer

    screen. His name, year of birth and address

    were recorded. A worker guided Mr. Gan-gars rough fingers to the glowing green

    surface of a scanner to record his finger-

    prints. He peered into an iris scanner

    shaped like binoculars that captured the

    unique patterns of his eyes.

    With that, Mr. Gangar would be

    assigned a 12-digit number, thefirst official proof that he exists.

    He can use the number, along

    with a thumbprint, to identify

    himself anywhere in the country. It will al-

    low him to gain access to welfare benefits,

    open a bank account or get a cell phone far

    from his home village, something that is

    still impossible for many people in India.

    Maybe we will get some help, Mr. Gangar

    said. reported the New York Times.

    Yes, this is the hope offered by the Indias

    UID Project to the nations poor, what is

    called as Financial Inclusion. It is one of

    the most ambitious projects of the UPA

    government, to- be the worlds largest bio-

    metric database, a mind-bogglingly com-

    plex collection of 1.2 billion identities. The

    agenda to set up the UID Authority of India

    (UIDAI), under the parameters of the Plan-

    ning Commission, is targeted at providing a

    unique identity to most of the populationof the flagship schemes to ensure that the

    benefits reach them. The unique identifica-

    tion number, a 12-digit ID is an ingenious

    solution to a bedevilling problem of lacunae

    in these schemes. Most of Indias poorest

    citizens are trapped in a system

    of village-based identity proof

    that has had the perverse effect

    of making migration, which is

    essential to any growing econ-

    omy, much harder.

    Named as aadhaar, meaning foundation or

    subsistence, it would be used to verify the

    identity of any Indian anywhere in the

    country within eight seconds, using inex-

    pensive hand-held devices linked to the

    wireless networks provided by mobile op-

    erators.What we are creating is as impor-

    tant as a road, said Nandan M. Nilekani,

    the chairman of UIDAI. It is a road that in

    some sense connects every individual to the

    state.

    4

    The challenge called Unique Identification Number

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    Page 5Cover Story

    This project has the potential to reduce the

    kind of corruption India is facing, for which

    in recent weeks, Anna Hazare went on a hun-

    ger strike and the Indian streets were deco-

    rated by the placards displaying India

    Against Corruption. By allowing electronic

    transmission and verification of many gov-

    ernment services, the identity system would

    make it much harder for corrupt bureaucrats

    to steal citizens benefits.

    Doubts prevailing on the success of

    this project

    International Experience :-

    Globally, there are very few countries that

    have provided national ID cards or numbers

    to their citizens. The

    most important rea-

    son has been the un-

    settled debate on the

    protection of privacy

    and civil liberties of people. It has been ar-

    gued that the data that is collected in this

    process can be misused for a variety of pur-

    poses. For instance, it can be used to profile

    citizens in a country and initiate a process of

    racial or ethnic cleansing, as during the geno-

    cide of Tutsis in Rwanda in 1995. Legisla-

    tions on privacy cannot be satisfactory guar-

    antees against the possibilities of misuse of

    ID cards or numbers.

    Australia was one of the first countries to try

    the implementation of a national ID card

    scheme. In 1986, the Australian government

    introduced a Bill in the Parliament to legalise

    the issue of national ID cards, which were to

    be called as Australia Cards. The declared

    intention of the government cited in the Bill

    was to check tax evasion as well as reduce il-

    legal immigration. However, citizens groups

    launched a major agitation against the Bill

    citing concerns of violation of privacy and

    civil liberties and the Government had to fi-

    nally withdraw the Bill in 1987. Despite the

    failure to introduce the ID card scheme in

    Australia, other countries like Canada, New

    Zealand and Philippines initiated steps in the

    early-1990s to introduce national ID cardsbut had to withdraw after strong public back-

    lash.

    In the early 2000s, China also tried

    to introduce national ID cards

    along with biometric information.

    However, as per researchers, biometric tech-

    nology was liable to major failures when

    5

    The challenge called Unique IdentificationNumber

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    Page 6Cover Story

    applied to large populations ;in 2006 the

    Chinese government withdrew the clause to

    have biometric data stored in such cards.

    The countries where this issue is debated

    most are US and UK.

    In US, as the government tried to expand

    the use of social security numbers, it had to

    be kept aside due to huge public protests

    related to the privacy and confidentiality of

    data. In UK, during the regime of Tony

    Blair, the Identity Cards Bill was formed in

    2004. But public protests forced the gov-

    ernment to shelve the policy till date. Thedebate in UK has mainly centred on the re-

    port prepared by a group at London School

    of Economics.

    It stated The identity systems may create a

    range of new and unforeseen problems.

    These include the failure of systems, un-

    foreseen financial costs, increased securitythreats and unacceptable imposition on citi-

    zens. The success of a national identity sys-

    tem depends on a sensitive, cautious and

    cooperative approach involving all key

    stakeholder groups including an independ-

    ent and rolling risk assessment and a regu-

    lar review of management practices. We are

    not confident that these conditions have

    been satisfied in the development of the

    Identity Cards Bill. The risk of failure in the

    current proposals is therefore magnified to

    the point where the scheme should be re-

    garded as a potential danger to the public

    interest and to the legal rights of individu-

    als.

    Issues of Privacy-

    Though getting a UID number is not com-

    pulsory in India, it is debated that the wide

    benefits it caters to,

    will make it com-

    pulsory indirectly.

    But the most dis-

    turbing point is that

    the concerns of privacy or civil liberties are

    not discussed in any of the documents of

    the government or the UIDAI in any sub-

    stantive form. If the project is extended to a

    spectrum of social services then there arepossibilities of serious misuse of personal

    information as most of these services are

    increasingly being privatized in India. At

    present, the government has only affirmed

    a commitment to protection of privacy; no

    substantial information is yet available on

    how the database of citizens would be pro-

    tected from misuse in the future.

    6

    The challenge called Unique Identification Number

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    Page 7Cover Story

    Technological Determinism-

    A lot of questions

    remain unanswered

    about whether the

    technological infra-

    structure of the project can carry the bur-den of data storage, networking, live shar-

    ing and verification of more than a billion

    of people. If so, what are the associated

    costs of the project? What are the prob-

    abilities of system failures of different de-

    grees? What are the probabilities of errors?

    What are the social costs of these errors?

    At present, there are no clear answers avail-

    able for these important ques-

    tions.

    The most critical aspect of In-

    dias UID project is the use of

    biometric information for verifying the

    identity of a particular person. But the bio-

    metric scientists and legal experts doubt it,

    as no accurate information exists on

    whether the errors of matching fingerprints

    are negligible or non-existent. It is ac-

    knowledged that a small percentage of us-

    ers would always be either falsely matched

    or not matched at all against the data base.

    Moreover processes like gummy fingers

    and latent finger printing could allow

    some to bypass the verification.

    A fundamental is not dismissed away, is the

    possibility of fingerprints of individuals

    changing over time, particularly among

    manual labourers. The fingerprints of man-ual labourers are highly likely to be broken

    or get eroded, inviting frequent negative

    responses during validation at the sites of

    wage payments. Apart from that, patterns

    of iris change with age, disease and health

    as well.

    The report of the UIDAIs internal Biomet-rics Standards Committee actually accepts

    these concerns as real. It says,

    Two factors however, raise un-

    certainty about the accuracy that

    can be achieved through finger-

    prints. First, retaining efficacy while scaling

    the database size from fifty million to a bil-

    lion has not been adequately analyzed. Sec-

    ond, fingerprint quality, the most impor-

    tant variable for determining de-

    duplication accuracy, has not been studied

    in depth in the Indian context.

    The Unknown Costs-

    At present, the UID project is facing oppo-sition from two unexpected fronts the

    7

    The challenge called Unique Identification Number

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    Page 8Cover Story

    8

    The challenge called Unique Identification Number

    Planning Commission, over almost tripling

    of costs due to iris scan and the Parliamen-

    tary standing committee on finance, over

    ownership of the project. In order to include

    iris scan, as a biometric

    tool for verification, and

    expand the enrolment

    drive to 1.12 billion, it is

    estimated that the budget

    has increased from Rs

    6,600 crore to Rs 17,900

    crore. Along with this, the

    fund needs of the Regis-

    trar General of India (RGI) or the Census

    office to complete the creation of the Na-

    tional Population Register, too has more

    than doubled from Rs 3,254 crore to Rs

    7,732.85 crore. The NPR is also collecting

    biometric data of all residents and NPR

    cards will include UID numbers. Further,

    the strongest resistance to Aadhar is comingfrom two eminent members of the National

    Advisory Council, Jean Dreze and Aruna

    Roy.

    The standing committee on finance too is

    raising concerns over the costs and also the

    National Identification Authority of India

    Bill, 2010, that seeks to provide legal back-ing to the project.

    Besides, with the inclusion of iris data, the

    estimated data size per resident has gone up

    multi-fold from 150 kilobytes to 5 mega-

    bytes. In addition, it is unclear whether re-

    curring costs for maintain-

    ing a networked system

    necessary for UID to func-

    tion effectively have been

    accounted for by the gov-

    ernment.

    Currently, on average,

    150,000 enrolments are

    done each day. The number of enrolments

    is expected to reach six million per day by

    October. The task, therefore, is daunting,

    since the latest data places the country's

    population at 1.21 billion. A mammoth pro-

    ject that would lead to millions flowing out

    of the exchequer definitely needs to be de-

    bated at the national level. It is a pity that

    though we are striving on to move towards e

    -governance, we are missing on e-

    consultation.

    Does India need a Unique ID num-

    ber?

    According to experts, there is an immediate

    need for a unique identity so as to tackle the

    issue of multiple proofs, security breach and

    fraudulent disbursement of government

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    Page 9Cover Story

    benefits. For example there are ration cards

    that pertain to ghost citizens, numerous

    illegal immigrations and constantly increas-

    ing terrorist attacks.

    As there are numerous documents serving

    as identity proofs, with scattered details andinconsistent information, the need of hour

    is a repository that stores the information

    pertaining to all the citizens of a nation in a

    centralized location-a one point source of

    information hub.

    India has failed to bring its poor along the

    path to prosperity and the expensive publicwelfare systems are so inefficient that ware-

    houses overflow with rotting grain despite

    high malnutrition rates; hence it needs a

    project of this magnitude to sort out the

    poverty issues that hamper its economical

    image. The government builds sturdy class-

    rooms but fails to punish well-paid teachers

    who do not show up for work. There are so

    many examples of Governmental policies

    that fail to connect citizens most basic

    needs. Many believe that the technology

    could solve these problems because it would

    provide people with a way to interact with

    the state without depending on local offi-

    cials who are now the main gatekeepers of

    government services.

    9

    The challenge called Unique Identification Number

    The various documents recognized as identity proofs in India are given below-

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    Page 10Cover Story

    The key challenge: Security

    So far in India about 15

    different types of ID

    work, but the UID is

    projected to have the

    entire database of in-

    formation of Indians. As per a newspaper

    headlines, the main threat to UID number is

    its misuse. Cyber-security experts say," The

    facility is ambitious and is sure to make

    functioning easy from the governance per-

    spective. There is some kind of certification

    or guarantee needed from companies that

    are pooling the database or will be handling

    it. The immediate threat may not be realised

    now. But in a span of next five years, whenthe cards will be rolled out completely, we

    10

    Voter Id Passport PAN Card Ration Card

    Issuing Au-thority

    Election Com-mission

    Ministry of Ex-ternal Affairs

    Income Tax De-partment

    Civil SuppliesDepartment

    No. of cardsIssued

    600 Million 40 Million 70 Million 220 Million

    PopulationCoverage

    52.5% 3.5% 6% 19%

    InternationalAcceptance

    No Yes No No

    Disadvantages Duplication ofdata when vot-ers migrate.

    Does not coverpopulationwhich has lesserfinancial capac-ity.

    No physical veri-fication prior toissuing cardsand inefficientrecord updatingin case of ad-dress change ordemise of IDholder.

    Absence of cen-tralized data- base of infor-mation.

    Advantages

    Electoral list isobserved to be90-95% accu-rate. 70-80% ofIds had photosby 2009 generalelection.

    Widely ac-cepted ID proof both in Indiaand outside

    Currently IThardware ofPAN system canhandle entirepopulation ofthe country. Theno. of reissuesowing to errorsis less than 0.1%.

    Key source ofID for BPL andfinanciallymarginal citi-zens.

    The challenge called Unique Identification Number

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    Page 11Cover Story

    may also witness cases of cyber mischief.

    Though the UID guarantees uniqueness

    and a universal identity through a central-

    ised online identity verifica-

    tion process, experts point outthat biometric information

    such as iris scan and finger-

    printing lead to a misuse of an

    individual's personal informa-

    tion. It can also be used by

    anti-socials such as terrorists,

    since they can get it issued through fake

    identities during large-scale enrolments.

    The real fear is access to such a data would

    give the government a free hand to profil-

    ing, segmenting and targeting a sect, group

    or religion. This could lead to dangerous

    consequences. This data, if slipped into the

    hands of corporate, could be used to serve

    various purposes.

    The government has shown sheer urgency

    in going for the UID project.

    If the project fails to confrontthe various questions and

    doubts being raised, it would

    hurt democracy. This is a

    dark joke making its rounds

    in the political corridors with

    the idea of investing an iden-

    tity in every citizen. It is prudent at this

    stage for the government to have a frank

    debate on the matter and to put in public

    the entire structure before it goes into in-

    vesting this enormous amount of money

    which could otherwise be used to lift mil-

    lions out of poverty.

    11

    - Shruti Goel

    DoMS, IIT Roorkee

    [email protected]

    The challenge called Unique Identification

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    Page 12You Innovate, I Copy and Paste ! ! !

    12

    One of the most important things that is in themind of every businessmen in todays busi-

    ness environment is whether to

    develop a product, technology, busi-

    ness model etc by doing research and

    development (innovation) or

    acquire it buy merging with some other

    company or taking over some other

    firm or clone, imitate or adapt it ( copy

    and paste).

    This article focuses on the rea-

    sons behind the success of copy

    pasting business strategy by

    looking at some of the examples.

    Lets start with everyones favor-

    ite search engine Google. You all

    know that among any other

    website in the world Google

    makes the most money, the reason why

    Google is the best search engine in the world

    and you also know the mechanism behind

    how Google generates revenue. But do you

    know that the business model behind the

    search engines success was copied. The com-

    pany from which the business model is copied

    is Overture. Ever heard of it? Its a paid

    search specialist company based in South

    California which is now owned by Yahoo Inc.

    The mechanism which combined the searchengine, relevant text ads, and their placement

    on the web page was pioneered by Overtureand they even had a patent on it. The patent

    6,269,361 also known as the 361 patent was

    issued to Overture by US Patent Office in July

    2001. Overture sued Google for violating its

    patent and Google paid Overture to settle the

    lawsuit. This interesting revelation have been

    made in the book Getting to Plan B:

    Breaking Through To a Better Business

    Model written by John Mummins and

    Randy Komisar. So using analogs is good, but

    watch out for patents! Ever

    heard of www.facebook.com?

    Oh why am I joking with you

    all? You all have heard of it.

    Still for knowledge, Facebook

    is a social networking service

    having more than 600 million

    active users. And most of you

    must have seen the movie The Social Net-

    work, a drama film about the history and

    foundation of Facebook and the resulting law-

    suits. Dont be surprised, Facebooks founders

    Mark Zuckerberg, Eduardo Saverin, Dustin

    Moskovitz and Chris Hughes were sued by

    their three Harvard seniors, Cameron

    Winklevoss, Tyler Winklevoss, and Divya Nar-

    endra for using their idea of social network

    called HarvardConnection.com and building a

    competing product. The lawsuit was subse-quently settled.

    http://www.facebook.com/http://www.facebook.com/http://www.facebook.com/
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    Page 13You Innovate, I Copy and Paste ! ! !

    13

    These two examples clearly show that imitat-

    ing or copy pasting others ideas is a preva-

    lent and successful business strategy.

    Peter Drucker, who was a writer, manage-

    ment consultant and self-described social

    ecologist, has referred IBM as the worlds

    foremost creative imitator. In the book

    Copycats How Smart Companies

    Use Imitation to Gain a Strategic

    Edge written by Oded Shenkar, it is men-

    tioned that IBM created the first commer-

    cially viable product a per-

    sonal computer, by taking the

    best of the Apple and Commo-

    dore machines, among others,

    which was subsequently cloned

    by Compaq and Dell.

    Ever heard of White Castle?

    No. White Castle is the first

    fast-food hamburger chain, first to sell a bil-

    lion hamburgers and the first to sell frozen

    fast food. Walter Anderson, the founder of

    White Castle, was the person who first came

    up with the concept of a fast food chain, that

    too in 1921. But a lot of copy-pasters copied

    everything from the store design to his oper-

    ating processes.

    Do you know who issued the first credit

    card? The answer is neither Visa nor Master

    Card which are the most popular one now. It

    was issued by Diners Club.

    The reason behind launching the low-end

    detergent, Wheel by Hindustan Unilever

    Ltd in the early 80s was to compete with

    Nirma who was giving a tough time to it,

    instead of diluting the positioning of Surf.

    Eventually Wheel became a bigger brand

    than Nirma.

    The vision to start a low-cost airline

    Air Deccan was seen and first imple-

    mented in India byCaptain G. R. Gopi-

    nath which was soon copied and improved

    upon by other airlines like

    GoAir and Indigo.

    South Korean company Sam-

    sung was recently sued byAp-

    ple for copying the look and

    feel of its iPad tablet and

    iPhone smartphone.

    Enough with the examples,

    now let us try to understand the reasons behind

    this entire copy pasting and why imitators are

    so successful. One main reason is that the costs

    borne by the imitators are lot lower than that of

    innovators. Bessen J and Maskin E. have given

    an estimate in their research paper, The Imita-

    tion and Diffusion of Industrial Innova-

    tions that overall costs in case of imitators are

    around 60 to 75 per cent of the costs borne by

    the innovator.

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    Page 14You Innovate, I Copy and Paste ! ! !

    Since the innovator and pioneer have paved

    the way and they have also paid for it, the imi-

    tator just enjoys a free ride. The imitator is

    able to save not only time, money, effort etc

    on research and development but also on

    marketing because the customers are already

    aware of the novel product or service and its

    uses. So the chances of reaching a dead end

    for imitator reduce to a great extent.

    So the moral of the story is it all depends

    upon each and every individual businessman

    whether they want to go down in the history

    as innovators or imitators. Instead of blindly

    copying ideas, one should try to add some-

    thing meaningful to it, so that it becomes

    more successful than the original one. But be

    cautious of patent violations, they can cost

    you a great deal of fortune. So if you are plan-

    ning to start a business but not having any in-

    novative idea, just look around and you might

    find something.

    14

    - Udit Gupta

    DoMS, IIT Roorkee

    [email protected]

    mailto:[email protected]:[email protected]:[email protected]
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    Page 15Private Investment in Education Sector in India

    Education sector is one of

    the largest service sectors

    in India. It is by far one of

    the largest capitalized

    spaces in India with gov-

    ernment spending of about $30bn which is

    about 3.7% of the GDP of our country. In In-

    dia, we have approximately 1 million schools

    and 18,000 colleges and universities but still

    they are insufficient and inefficient to cater

    to the demands of our countrys population

    and as a result, Indi-

    ans spend about

    $50bn on private edu-

    cation.

    Education sector in

    India can be catego-

    rized into formal and

    informal sector. For-

    mal sector is a $40bn

    market and comprises

    of K12 education andhigher education whereas informal sector

    ($10bn market) comprises of preschools (1.5-

    3 years), coaching, vocational training, multi-

    media/IT to schools & colleges and books

    market.

    In formal education sector, investment op-

    portunities are immense but the not for

    profit regulation in the sector has deterred

    the investors in this sector.

    K12 (Kindergarten to 12th standard) school

    must be affiliated to an education board like

    CBSE, ICSE or any other state board. Some

    states like Haryana and Maharashtra do al-low institutes to be set up as for profit but

    they do not get approval of education boards.

    Similarly in higher educational institutes

    (colleges and universities) must be not for

    profit (trust/ society)

    in nature and must be

    recognized by regula-

    tory bodies like UGC,

    AICTE etc. Other is-

    sues like bureaucratic

    control, corruption,

    little clarity on FDI

    policy and high land

    prices makes it even

    more difficult for the

    new players to enter and existing players to

    expand in this space.In non formal education sector, there is no

    not for profit regulation but the market is

    highly fragmented and scalability is a prob-

    lem for the players in this sector.

    15

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    Page 16Private Investment in Education Sector in India

    Scalability is the ability of a company to con-

    tinuously increase its profits and sales figures

    year after year. Pre-school, a $300m segment

    is gathering some corporate attention due to

    low entry barriers and 11 major chains and

    about 10 smaller players are active in this

    space.

    Pre-school, a $300m segment is gathering

    some corporate at-

    tention due to low

    entry barriers, just

    11 major chains and

    about 10 smaller

    players in the space.

    While the scale-up

    has so far been on

    the franchisee plat-

    form, corporate are

    increasingly forming

    JVs with builders/ partners and moving up

    the value chain by upgrading to K12 schools.

    Coaching class is a $6.4bn market led by

    scarcity of educational institutes and cut

    throat competition for entry into professional

    colleges in India. 80% of the market is pri-

    vate tutoring and is highly dependent on

    good quality teachers. Stability and scalabil-

    ity is very low in this segment due to inherent

    regionalism and person centric nature of this

    segment.

    Remaining 20% of the coaching class market

    is test preparation and has lower dependence

    on people and a larger focus on national level

    content, making it relatively easier for play-

    ers to attain scale.

    The vocational training market accounts for

    $1.5bn. Though the market is continuously

    evolving with emergence of a host of new

    avenues beyond IT

    trainings (financials,

    retail, aviation, man-

    agement certifica-

    tions and spoken-

    English trainings),

    scalability remains

    low. Multimedia for

    private schools,

    though currently a

    small market ($70m)

    is highly underpenetrated and technology-

    driven and offers value creation potential to

    the investors. Educomp solutions is a major

    player in this segment. The education sector

    in India is a promising sector with huge po-

    tentials for large investments. However,

    regulatory restrictions have prevented a

    floodgate of investments in the regulated

    education market and with increasing shifts

    towards deregulation we can see more invest-

    ments in the future coming in this sector.

    16

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    Page 17Private Investment in Education Sector in India

    Key Private Players in Education Sector

    17

    Formal Informal

    K12 Higher Educa-

    tion

    Pre-School Coaching Vocational

    Training

    Multime-

    dia/IT in

    schools

    Books Mar-

    ket

    KidzeeManipal Kidzee

    IMS

    NIIT EducompNavneet

    MilleniumAmity Euro Kids Career

    Launcher

    APTECH

    EveronnMacmillan

    IMS IIPM Apple Kids TIMEJetking NIIT

    Career

    Launcher

    ICFAITree House

    FIIT JEE

    - Divye Garg

    DoMS, IIT Roorkee

    [email protected]

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    Page 18Social Media Marketing

    Social Media

    seemed to be the

    keyword for busi-

    nesses in the year

    2011. Every individ-

    ual, business and expert was talking about

    it, the internet was spilling over with blogs

    and write ups suggesting tips and strategies

    to make use of this newly discovered me-

    dium and help all kinds of businesses flour-

    ish. Surely, as predicted, social media did

    gain a momentum that

    threatened to sweep

    companies off their feet

    lest they pep up for the

    new mode of competi-

    tion. A lot of talk about

    social media, and the

    only thing that pops into

    my mind instantly is

    Facebook. Little do peo-

    ple like me realize that the territory of so-

    cial media extends far beyond Facebookand other networking sites. To put it

    crisply, social media can include all forms

    of electronic communication channels:

    Facebook, Twitter, YouTube, blogs, and mi-

    cro blogs, even cell phones, to share, pro-

    mote and interact with the target audience.

    An example I would quote later has gone a

    step further and created a strong fan base

    through social media marketing strategies.

    Currently, allow me to limit the discussion

    to weighing the pros and cons, as was ob-

    served by those foraying into this domain.

    Pros:

    Wider reach- Social networking has be-

    come a rage which allows for the conflu-

    ence of a vast pool of potential custom-

    ers and assists businesses to always stay

    in the eyes of the cus-

    tomers.

    Inexpensive/ cost ef-

    ficient- Traditional mar-

    keting is way more ex-

    pensive as compared to

    online marketing. Social

    media offer a very low

    cost of entry. Of course,

    that leads to an easy en-

    try for competitors as well.

    Instant feedback- The response of the

    customer: good or bad, to the product

    can be instantly obtained and acted

    upon. This provides for a greater scope

    of improvement and customer satisfac-

    tion, which is the mainstay of business

    today.

    18

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    Page 19Social Media Marketing

    Personification of the brand- Social

    media helps create an image of the

    brand in the minds of customers that

    they can relate to and is easily accessi-

    ble to them.

    Building sustaining relationships- It

    eases communication for both the

    company and the end user, paving way

    for a direct interaction between the

    two. This has a 2-way benefit: to help

    the company better understand cus-

    tomer needs, and for the customer by

    enabling a greater degree of involve-

    ment.

    Cons:

    Greater risk of damage- There is al-ways a chance of inflicting damage on

    the companys reputation due to over

    exposure and negative response from

    customers. The backlash can be far

    greater than that in case of traditional

    marketing tactics.

    Pressure to innovate- Since the two

    parties involved are constantly in

    touch with each other, there is always

    the pressure to recreate and innovate

    to attract as well as maintain brand

    loyalty.

    Long term approach- It is important to

    understand that social media does not

    affect sales overnight. It requires extra

    effort and a long period to develop cus-

    tomer base and maintain relation-

    ships.

    It is evident that the advantages of social me-

    dia far outweigh its disadvantages. Also, be-

    ing part of an ever increasingly competitive

    business scenario, it is even more essential

    for organizations to invest in social media

    marketing. In June 2011, Global Web Index

    shared a graphic that outlines social network

    penetration by country.

    19

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    Page 20Social Media Marketing

    As can be observed from the infographic Phil-

    ippines, Indonesia, Malaysia, and the BRIC

    countries are highly active in the social net-

    working arena. Hence, the marketers would

    be able to reap higher profit margins if they

    concentrated more on these countries.

    Returning to a few examples that would illus-

    trate the potential that can be tapped through

    social media, I would like to stress on the fact

    that correct use of the medium is extremely

    important to make or break a brand.

    TATA DOCOMO CASE STUDY (Source :

    Interface Business Solutions)

    Why Social Media

    When Tata DOCOMO was planning to enter

    the Indian market as

    the 9th GSM operator,

    it faced entrenched

    incumbents and

    strong brand commu-

    nication barriers from

    other telecom opera-

    tors. However Tata

    DOCOMO was deter-mined to change the

    game and cut through

    the clutter through

    pure innovation and doing the New.

    Social Media became the first opportunity

    which had not been picked up by most Indian

    brands in June 2009 leave alone the telecom

    operators. It was unchartered waters but we

    knew that Social Media connects us with the

    exact TG that the brand wanted to associate

    with. It further had the wow element and was

    clearly doing the New. The perfect reason for

    Tata DOCOMO to draw up an extensive strat-

    egy to harness the power of Social Media and

    build the brand with its consumers.

    Laying the Social Media Strategy

    At the very core of the Social Media strategy

    was the idea of humanizing a telecom brand

    and make it warm, friendly and conversa-

    tional. The strategy was simple yet brilliant.

    Reach out to every corner of the web and toevery possible TG not

    as a corporate brand

    but as a friend willing

    to engage the con-

    sumer in a one-on-one

    dialogue on anything

    and everything per-

    taining to the brand,

    its offers, its deficien-

    cies as well as any-

    thing to do with tele-

    com per se. The desired outcome was clear in

    everyone's mind to build the most loyal set

    of beta customers who will champion the

    brand in their micro-communities at every

    moment.

    20

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    Page 21Social Media Marketing

    The execution

    A dedicated Social Media team at Interface

    was built to execute the plan. Twitter, Face-

    book, Orkut, Youtube accounts were opened

    up and optimized even before the brand

    launch took place. The website itself actively

    solicited visitors to signup to the Tata

    DOCOMO communities months before it be-

    came a fad for others. The Social Media team

    set about targeting each of the Social Media

    platforms differently.

    The Outcome

    Each media of the social media strategy has

    helped Tata DOCOMO build a strong and

    loyal fanbase amongst the youth and has un-

    mistakably taken ownership of the innovator

    platform thus firmly establishing the brand

    essence of do the New. The brand values of

    honesty, transparency and sincerity have

    been well established in the minds of con-

    sumers. Tata DOCOMO social presence is

    not seen to be a marketing gimmick but a

    genuine effort to connect and engage with

    every fan and follower with sincerity and with

    the authority to solve their problems.

    21

    -Aditi Joshi

    DoMS, IIT Roorkee

    [email protected]

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    Page 22Putting handsets inside consumers pocket

    According to Gartner, worldwide mobile com-

    munication device sales have increased by 19

    percent in the first quarter of 2011 as com-

    pared to 2010. As the industry continues to

    grow rapidly, Nokia is losing its market share.

    Nokias world market share declined 5.5 per-

    centage points year-on-year, and its share has

    reached its lowest, since 1997, to 30.6 per-

    cent. Nokia's market share in India has

    halved in just few quar-

    ters. The company con-

    trols around 30 percent

    of Indian market, accord-

    ing to research firm Gart-

    ner, compared with

    around 60 percent mar-

    ket share in the previous

    year. While Samsungs

    world market share stood

    at 18 percent which is the companys strong-

    est first quarter ever. We studied how the two

    big names and other mobile phone compa-

    nies are getting their share of the consumers wallet by doing a survey of multi brand mo-

    bile phone retailers in Roorkee. This article is

    based on our findings.

    With more than ten brands (namely Nokia,

    Samsung, Micromax, BlackBerry, LG, GFive,

    Karbonn, Spice, Maxx, Sony Ericsson, Mo-

    torola and others) competing across differentsegments in India, most mobile phone com-

    panies find it quite challenging to put their

    handsets into the consumers pocket. There

    are so many varieties available in the market;

    customers find it difficult to make choice,

    said a retailer. Here is an account of the re-

    tailers perspective of the mobile phone mar-

    ket.

    LAUNCHING PRODUCTS AND APPLI-

    CATION

    When a new product is

    launched and is adver-

    tised, it must be available

    with us within two weeks

    so that the initial de-

    mand doesnt dry out.

    said a retailer. Some

    brands supply newly

    launched products only

    to their own-brand-

    outlets for the first few weeks despite the fact

    that we can perform better than them said

    another retailer. When a new product is

    launched, some companies face the problem

    of high demand and low availability, so rather

    than being biased towards their own outlets

    they should take in account all the retailers.

    Most companies come up with a variety of

    products. But few take care of all of them.

    Others just concentrate on a few bestsellers,

    said another one. Not only launching new

    products, launching new applications are very

    22

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    Page 23Putting handsets inside consumers pocket

    much important and contribute to the mobile

    business. The Samsung Application Store

    gives immense choice to consumers looking

    for I applications relevant in Indian context

    it offers 150,000 Java and as many as

    9,000 Bada and Android applications which

    one can download. The company has also cre-

    ated a Samsung Fun Club from which smart

    -phone users can download games, videos

    and music. Samsung

    says, it is getting over

    1.6 million downloads

    every day. Similarly,

    Nokia Store offers as

    much as 17,000 appli-

    cations for download.

    The Ovi store from

    which one can buy mu-

    sic gets over one mil-

    lion hits from India alone.

    For every new product launched, the com-

    pany must make proper arrangements for

    servicing the product. A quick response is

    very much desired by the customer and al-

    most one-third of the customers were un-

    happy with the services provided by their

    brand and were willing to switch brands as

    mentioned by retailers.

    PRODUCT VARIETY AND TECHNOL-

    OGY

    Technology is fast changing and so are con-

    sumer demands. These days customers want

    android phones said a retailer. When asked

    the reason, he added Android supports lot of

    applications. Google's Android platform rose

    to a dominant position in the smart-phone

    market in the first quarter of 2011. We offer

    customers Android operating systems, we

    also offer them Bada which is our own pro-

    prietary system and we

    are also looking at

    launching some Micro-

    soft Window operating

    systems. Its a kind of

    range which our com-

    p e t i t o r s c a n n o t

    match, said Ranjit

    Yadav, Samsung India

    country head of mobile

    and IT. According to retailers, Samsungs

    dual SIM and android devices are customers

    favorites. To help its weakening position in

    smart-phone segment, Nokia has made a dealto start the use of Microsoft's Windows Phone

    software in its handsets instead of Symbian.

    Nokia has also come up with dual SIM prod-

    ucts.

    Moreover, interesting trends in low-end seg-

    ment of mobile phones shows drastic increase

    in share of new entrant mobile companieslike Micromax, Lava, Karbonn etc.

    23

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    Page 24Putting handsets inside consumers pocket

    This definitely proves the fact that the cus-

    tomers in this segment demand value for

    money.

    RELATIONSHIP MANAGEMENT

    Retailers help customers to choose a mobile

    phone that is beneficial for both of them.

    Most often customers buy products that we

    endorse, said a retailer. In a market where

    products are equally good and prices com-

    petitive, retailers are usually biased towards a

    brand that offers flexible and better margins

    and payout schemes. When asked about

    schemes, a retailer replied for example if we

    sell a thousand product of a particular brandthey give us bonuses. Flexibility means that

    if a scheme is applicable for sales of 100

    handsets of a model in a certain segment of a

    particular brand, then the scheme is made

    valid even if there is somehow a shortage of

    very less quantity, say 5, it could be adjusted

    in next months payout scheme. Brands which

    offer attractive payout schemes become re-

    tailers favorite and in-turn find their way

    into the consumers pocket.

    Another important aspect which motivates

    the retailers to favor a certain brand is re-

    tailer-distributor relationship. Few retailerscomplained about the poor relationship man-

    agement by distributors. In local market, es-

    pecially small cities, this relationship is very

    important because for a small region or town

    there is only one distributor of a brand. Then

    his relationship with retailers will certainly

    affect the brands sale in that region. A poten-

    tial solution to this problem could be dividing

    the circle area into smaller regions so that the

    retailers could have access to two or more dis-

    tributors.

    24

    - Sayantan and Pawan

    DoMS, IIT Roorkee

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    Page 25 Cause This, This Is A Poem

    I want you to know

    Know that its hard living and how hard it pains

    Tell me can you feel it,

    See its running, running right through my veins

    I want you to know

    Know that there are some things, which I cant explain

    Cause this, this is a poem, a poem that I can never write again

    I may cry

    Cry my heart out, without a tear dropping down my cheek

    I may not say

    Say that you have the sweetest voice, & sure it can make me go weak

    I may try

    Try as hard as I can, and wouldnt hesitate a bit even to cheat

    Cause this, this is a poem, a poem that I may never be able to complete

    I can see

    See those colors and feel the heat

    your eyes pierce

    Pierce me like darts, and I skip a heartbeat

    And I can trade

    Trade my soul, if thats whats needed to seal the deal

    Cause this, this is a poem, a poem that will tell you how I feel

    Somehow I Know

    Know that all my efforts, would die in vain

    and Ill stay

    Stay forever, getting soaked in this pouring rain

    But I know

    Know, I wont get what I need

    Cause this, This is a poem, a poem that you'll never read

    25

    - Manav Kaushik

    DoMS, IIT [email protected]

    mailto:[email protected]:[email protected]:[email protected]
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    Qutopia20

    26

    Its Exquizite, Kills your Quriosity and adds to your Quizdom. Need we say more?

    Qutopia A Utopia of the best Biz Quiz Tidbits to wreck your brains! Rush in your an-

    swers [email protected], before 30th September, 2011. The winner will

    have their names published in the next issue. Also, person getting the highest score in the

    current quarter (July-September 2011) will get a gift voucher. Answers in the next issue of

    DoMination.

    1. Identify the logo?

    2. What does ADR stand for?

    3. What was Anna Hazares occupation before becoming a social-activist?

    4. Where 2022 FIFA World Cup would be held?

    1. Which company is the world leader in marketing communications?

    2. Whos the CEO of Procter & Gamble Company?

    Section A

    (1 Point for each correct answer)

    Section B

    (2 Point for each correct answer)

    mailto:[email protected]:[email protected]
  • 8/4/2019 Domination September 2011

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    Qutopia20

    27

    Section C

    (3 Point for each correct answer)

    3. What is the official publication of Germany, China and Portugal known as?

    4. Whos the parent of Oberoi & Trident hotels chain?

    * Identify the legendary Indian?

    Answers to Qutopia 19

    Answer: Section A

    1. First postage stamp of Independent India

    2. Chicken market is the stock market with no significant movement in the index

    3. The Silicon Valley

    4. Lakme

    5. Year 1969

    6. MLaren Formula 1 has the engine from BMW

    Answer: Section B:

    1. Logo of the United Nations Climate Change Conference held at Copenhagen, commonly known as the Copenhagen Summit

    2. Shombit Sengupta, he designed the logo of each of themr

    3. Kothari Pioneer in 1993 later merged with Franklin Templeton

    4. The Big Mac Index

    Winner:

    Udit Gupta (Batch 2010-2012)

    G.Manoj (Batch 2010-2012)

    - Prateek Tomar

    DoMS, IIT Roorkee

    [email protected]

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    Page 28DoMS-da-Evince

    1) What are the roles and responsibili-

    ties with Reliance Industries Ltd.? How

    did it help in your career?

    I joined Reliance as a Management Trainee

    and have come a long way. When I had joined

    Reliance I was supposed to take over the pro-

    file of a Field Sales officer and spent the bet-

    ter part of a year under training but as the

    date of confirmation neared I was in for a

    shock. I was told that the job isnt suitable for

    a woman and I was adjusted into another

    profile which was mainly of an assistant. I

    took it as a challenge and am now working in

    the head office as Manager in operations. I

    handle national sales, industry data, coordi-

    nation between field & head office. It has notbeen an easy journey but it surely has been an

    interesting one.

    2)What characteristics make Sales pro-

    file challenging and demanding?

    Well, I havent really been in the hard core

    sales. My profile is of data churning ,the most

    challenging part being accuracy. A numberhere & a number there make a hell lot of a

    difference in the final output & trust me I

    have learned the hard way. I have always

    been a person who does work in a hurry & in

    my initial days I paid more emphasis on fin-

    ishing on time rather than on accuracy and to

    top that I have been blessed with bosses who

    are razor sharp in numbers. They just have to

    see the nos and they can tell you something is

    wrong. I would suggest you to be sure of your

    work as it is a cut throat world out there & all

    of you wont be blessed with generous bosses

    like I have been.

    3)How has the government resistance

    to allow deregulation of Diesel affected

    the petroleum industry specially the

    private sector? Do you think that like

    petrol diesel should also be freed from

    the clutches of subsidy?

    This is one topic which is very close to my

    heart. When I had joined Reliance petroleum

    the company was onto launching some 4000

    odd petrol pumps across India. Our motto

    was to do something different in a market

    where the customer has been short changedforever.

    28

    This time in DoMS-da-Evince, we bring excerpts from an interview with Ms. Smita

    Beohar, who is a dynamic professional with over 7 years of rich experience in Strategic

    Planning, Sales & Marketing, Business Development, Channel Management, Key Account

    Management and Team Management in the Petroleum Industry. She is currently working

    with Reliance Industries Ltd. as Manager Sales Planning.

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    Page 29DoMS-da-Evince

    Within 3 years we were up & running and

    even managed to get a market share of 13%

    which was no mean feat. During this time we

    even managed to wake up the PSUs and re-

    sult is visible to all. The petrol pumps are now

    much consumer friendly and there are facili-

    ties which go beyond the basic product. But

    then came a time when crude prices increased

    and the PSU continued selling at less price

    and got subsidies from government in the

    form of oil bonds but none of the private

    companies like RIL, Essar & Shell got that

    benefit. The direct result of this was that

    these companies started slowing down.

    Every year there are talks of deregulation of

    Diesel which would allow the companies to

    regulate the price but due to political pressure

    the deregulation is yet to see the light of the

    day. The government had dismantled APM in

    2002 to give a level playing field to all compa-

    nies. The move resulted in Private players to

    join the business but despite the dismantling

    government still holds the thread to the busi-

    ness which makes or breaks elections. Com-

    plete de regulation would give a level playing

    field to all players & trust me to some extent

    it will also solve the problems that a con-

    sumer faces i.e. of adulterated product. Yes de

    regulation would also mean little higher

    prices but then I feel that it is high time that

    we are free of the clutches of subsidy. As it is

    these subsidies help rich get richer. A lot

    more can be discussed on the same. So in

    case you want to discuss the issue with me do

    drop in a mail at [email protected]

    3)How has DoMS, IIT Roorkee contrib-

    ute to your success?

    Well, DoMS made me what I am. It laid the

    foundation of where I stand today. I believe it

    continues to provide a good platform for

    building oneself. It is more of a facilitator and

    it is up to us, what maximum we extract out

    of it !

    4)Any Message for the readers, espe-

    cially the current batches?

    I have been hearing only good things about

    the department. you guys have a lovely infra-

    structure, a good faculty & an excellent brand

    name. Never underestimate it and use the

    whole system to its full potential. Try and

    make the best possible use of these 2 years.

    All the best.

    29

    mailto:[email protected]:[email protected]:[email protected]
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    Regardez I'economie

    30

    In this edition, we delve into the major economic activities of August2011 that had an impact on Indian economy

    This August saw

    frantic happen-

    ings of historical struggles

    both in the domestic territory

    and on the International

    stage struggles that ranged

    from the rise of a unique

    revolution against corruption

    (dubbed as freedom struggle

    Part II) to the struggle of

    the Western giants in keeping

    their head high in the tumul-

    tuous waters of a shakingWorld Economy. The tremors

    of the present crisis in the

    United States and Europe

    could be felt all across the

    globe. The fear of another re-

    cession might be giving

    nightmares to many people,

    but the current scenario

    could also signal a shift in

    Global Power. India, in cur-

    rent circumstances, is not

    only facing the change in dy-

    namics of Global Power but

    also fighting the evil of Cor-

    ruption on war front at home,

    so much so that it has para-

    lysed the already slow deci-

    sion-making in the current

    UPA Government as the fo-

    cus has totally shifted from

    inflation and GDP Growth to

    just one bill the Jan Lok-

    pal Bill.

    God Help America! Can we

    seriously count on it for the

    upcoming time to tide us to

    the safety of shores? Last Oc-

    tober, when the rating agen-

    c i e s l i k e

    Moody, Fitch

    and S&P had

    warned the US

    lawmakers of their balloon-

    ing budget deficit, no one

    could have imagined of thisunpredictable future. The US

    economy stumbled badly in

    the first half of 2011, coming

    close to contraction in first

    quarter. Americas AAA

    credit rating has been down-

    graded by a notch by Stan-

    dard & Poor to AA+ rating

    even though the Obama ad-

    ministration was able to se-

    cure the votes in favour of

    increasing the US debt (to

    the tune equal to that of US

    GDP!) ceiling as that was the

    only option which was there

    with them to tide over the

    crisis of this deficit. There are

    various opinions regarding

    this downgrading from politi-

    cal to economic. Standards &

    Poor, during its earlier re-view had given a warning on

    downgrading the US Credit

    Rating on account of increas-

    ing deficit and slowing

    growth in the US. The reper-

    cussions of the downgrade

    have descended upon the

    global economy like a bolt

    from blue.

    Amidst all the promises to

    lower down the budget defi-

    cits by Obamas administra-

    tion, the event has shattered

    the hope of investors and

    traders across the globe.

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    Regardez I'economie

    31

    Every stock market includ-

    ing ours took a huge hit andcrashed like Babel. A feeling

    of panic can be sensed not

    only from the amateurs of

    the market but also the ty-

    coons of Wall Street. In the

    backdrop of a weakening

    dollar against other major

    currencies like the Euro, the

    Japanese Yen, etc there are

    calls from the next genera-

    tion super power like China

    asking for replacement of

    the US dollar as the reserve

    currency, even though they

    are the biggest lenders to the

    US Government and the

    holder of a huge pile-up of

    US dollars. But then it is

    China the Country which

    maintains a prudent balance

    of everything be it the cur-

    rencies, Gold or even the

    Crude Reserve for that mat-

    ter, which is why in the cur-

    rent vicious scenario, the

    Economists all across havestarted looking at China

    from a very close angle and

    speculations are ripe as to

    how might China react in

    this situation will it act

    like an opportunist or will it

    act in the larger interest of

    the Global Economy. But the

    replacement of US dollar as

    the Global reserve will not

    only impact the US, it will

    also have an impact on the

    emerging countries which

    depend on easy loans and

    FII inflow from the dollar

    market and India especially,

    has got huge dollar reserves

    as compared to other cur-

    rencies in the kitty of our

    Foreign Exchange Reserves.

    The European Union, al-

    ready suffering from the

    burden of PIGS (Portugal,

    Italy, Greece, and Spain) will

    have another addition to its

    investors fears and anxiety

    and this could adversely af-

    fect the Euro. The panic in

    the currency market could

    easily be pointed out with

    the lump sum increase incommodities like Gold & Sil-

    ver. Gold & Silver with other

    precious metals like Plati-

    num and Palladium are ex-

    pected to attract buyers, and

    exchange traded funds with

    gold as underlying asset as

    in the current scenario,

    when the Equities market

    world-wide are facing a bear

    run, the investors are ac-

    knowledging Gold as the saf-

    est haven for investment.

    One of the global impacts

    could be softening of Com-

    modity prices too, and Mid-

    dle East could face the im-

    pact in earnings of oil pro-

    ducers who will try to hold

    on oil prices. Because of the

    above consequences, ini-

    tially a double dip recession

    was forecasted and it further

    resulted in a panic environ-

    ment among traders and in-

    vestors. As we have already

    seen the global impact of cri-

    sis, but a question still re-

    mains how the situation so

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    Regardez I'economie

    33

    -tary policy, as it might fur-

    ther affect our exports. But,

    as the EU is still trying to

    recover, and a sudden fear of

    another recession in the US,

    the new power group like the

    BRICS have a larger role to

    play in Global Economy. So

    this might be the blessing in

    disguise for our nation, the

    time has come for India to

    raise itself from the garb of

    corruption and to play a sig-

    nificant role in the World

    stage.

    - Shibi Singh

    DoMS, IIT Roorkee

    [email protected]

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    The Team

    Shruti Goel

    Anuj Mody

    Chetna Yadav

    Mukesh Rathi

    Rajneesh Kumar

    Contributors

    Aditi joshi

    Anurag Agarwal

    Manav Kaushik

    Pawan

    Prateek Tomar

    Saumya Verma

    Sayantan

    Shibi

    Anirudh De

    Deep Pathak

    Harsh Singh

    Pallavi

    Rohini Sharma

    Rishi Arora

    Udit Gupta

    Sudeep Dakua


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