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What is Vishwakarma Yojana? How this scheme will prove to be a boon for small artisans

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Team Happen Recently
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Vishwakarma Yojana:

PM Vishwakarma Kaushal Samman Yojana Vishwakarma Yojana was announced in the Independence Day speech given by PM Narendra Modi at the Red Fort. The PM said that the government will start this scheme next month with an allocated amount of Rs 13,000 crore to Rs 15,000 crore. This will directly benefit the weaker sections of the country.

New Delhi, Business Desk. PM Modi Independence Day Speech: On the occasion of 77th Independence Day, Prime Minister Narendra Modi, while addressing the country from the Red Fort, has announced the Vishwakarma scheme for artisans and craftsmen and said that the government will start this scheme from Rs 13,000 crore to Rs 15,000 crore.

This scheme will be mainly for skilled workers in a particular style. The full name of this scheme is PM Vishwakarma Kaushal Samman Yojana or PM Vikas Yojana (PM Vishwakarma Kaushal Samman Yojana – PM VIKAS). This scheme was announced in the General Budget 2023.

What is PM Vishwakarma Yojana?

The objective of PM Vishwakarma Yojana is to enhance the capabilities of artisans and craftsmen present across the country by providing skill training, technology and financial support. Under this scheme, skilled artisans will also be linked with MSMEs, so that they can get better market.

People working in the fields of carpenter, goldsmith, sculptor and potter will get the benefit of PM Vishwakarma Yojana. Through this, the government’s endeavor is to enhance the quality of products and services of the artisans as well as to link them with the domestic market and the global market.

Announcing the scheme in the budget, the Finance Minister had said that craftsmen represent the true spirit of an independent and self-reliant India and the scheme would benefit women and weaker sections of the society.

When will PM Vishwakarma Yojana be launched?

It was said on behalf of PM Modi that Vishwakarma Yojana will be launched in September. Vishwakarma Jayanti on September 17, 2023 as well. The PM said that people associated with artisans and small businesses will get the benefit of this scheme.

When will PM Vishwakarma Yojana be launched?

It was said on behalf of PM Modi that Vishwakarma Yojana will be launched in September. Vishwakarma Jayanti on September 17, 2023 as well. The PM said that people associated with artisans and small businesses will get the benefit of this scheme.

India becomes the world’s second largest phone producer, crosses 200 million unit manufacturing

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Team Happen Recently
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world’s second largest phone producer

The era of smartphone manufacturing in India started long back. The country has come a long way in smartphone manufacturing.

world’s second largest phone producer:

India is on the path of progress in the field of technology. The country is playing a leading role in phone manufacturing. India has now become the second largest phone producing country in the world. To promote local manufacturing in the country, the Central Government has started several schemes.

Smartphones from Samsung to Nothing are Made in India.

It is known that the era of smartphone manufacturing in India started long back. The country has come a long way in smartphone manufacturing. Smartphones of popular smartphone companies Samsung, Apple, Xiaomi, Oppo, Nothing are being made in India.

In this episode, a new report of Counterpoint Research has come out. According to this report, now this figure of phone manufacturing in India has crossed the figure of 2 billion i.e. 200 crores. Shipments have registered a CAGR of 23% as per the report.

In this report of Counterpoint Research, the government’s schemes like Make in India, Production Linked Incentive and Self-reliant India have been mentioned.

Local demand is being met in a better way

According to Tarun Pathak, director of Counterpoint Research, local manufacturing in the country has been increasing year by year. Due to local manufacturing in the country, the local demand could be met in a better way.

In the year 2022, the shipment of Made in India devices in the Indian markets has been more than 98 percent. In the year 2014, this figure used to be only 19 percent.

Due to Make in India, the field of technology got a new path

Talking about the Make in India initiative in the country, the government has established the manufacturing program in a phased manner in this initiative. The government encouraged local manufacturing by increasing the import duty on units manufactured outside the country.

Edtech Start-ups: Revolutionizing Education Delivery in India

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Team Happen Recently
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Edtech Start-ups

In recent years, India has witnessed a significant transformation in the education sector, driven by the emergence of edtech start-ups. These innovative companies have revolutionized the way education is delivered in the country, leveraging technology to provide accessible, personalized, and interactive learning experiences. In this article, we delve into the impact of edtech start-ups on the education landscape in India, highlighting the valuable contributions they make and the data that showcases their success.

The Rise of Edtech Start-ups

Accessibility and Inclusivity: Edtech start-ups have addressed the issue of accessibility in education, particularly in remote and underserved areas. Through online platforms and mobile applications, they have brought quality education within the reach of millions of students.

Personalized Learning: These start-ups offer personalized learning experiences by using data analytics and artificial intelligence to understand each student’s strengths and weaknesses. This approach allows for tailored content and individualized learning paths.

Interactive and Engaging Content: Edtech start-ups have transformed traditional learning materials into interactive and engaging content, incorporating videos, animations, gamification, and simulations to enhance student interest and understanding.

Data-driven Impact:

Enrollment and Reach: According to a recent report, edtech start-ups have contributed to a significant increase in enrollment rates, with millions of new students gaining access to education through digital platforms.

Improved Learning Outcomes: Studies show that students who engage with edtech tools and platforms exhibit higher levels of retention, understanding, and academic achievement compared to traditional classroom settings.

Affordability: Edtech start-ups have democratized education by offering cost-effective alternatives to traditional learning methods, reducing the financial burden on students and their families.

Addressing Challenges in Education:

Teacher Training and Development: Edtech start-ups are working collaboratively with educators to provide training and support in integrating technology effectively into the classroom.

Language and Regional Diversity: These platforms offer content in multiple regional languages, bridging the language barrier and catering to the diverse linguistic preferences of students across the country.

Rural Connectivity: To overcome challenges of internet connectivity in rural areas, some edtech start-ups have developed offline learning solutions that can be accessed without an active internet connection.

Prominent Edtech Success Stories:

BYJU’S: One of India’s leading edtech start-ups, BYJU’S, offers a comprehensive learning app that covers a wide range of subjects and grades. With over 100 million users, BYJU’S has emerged as a global leader in edtech.

Unacademy: Focused on competitive exam preparation, Unacademy has garnered a massive student base and gained recognition as a go-to platform for learners aspiring to crack various entrance examinations.

Vedantu: Vedantu’s live online tutoring platform has redefined personalized learning, connecting students with expert educators through interactive virtual classrooms.

Impact on India’s Education System:

Inclusivity and Access: Edtech start-ups have expanded access to education, empowering learners from diverse backgrounds to pursue their academic goals.

Upskilling and Reskilling: These platforms have become instrumental in providing upskilling and reskilling opportunities for professionals seeking to enhance their expertise and career prospects.

Educational Equity: By reducing geographical barriers, edtech start-ups have contributed to bridging the educational equity gap, fostering a more equitable and inclusive society.

Edtech start-ups are playing a transformative role in shaping the future of education in India. Their innovative use of technology, data-driven approach, and focus on accessibility have revolutionized education delivery, making quality learning available to millions. With a strong focus on personalized learning, interactive content, and improved learning outcomes, these start-ups are reshaping the way students engage with education. As the edtech ecosystem continues to thrive, we can expect to witness even greater advancements in education, empowering learners, educators, and institutions to harness the full potential of technology for a brighter future.

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Building Resilience: Crisis Management Strategies for Start-ups and MSMEs

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Team Happen Recently
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Building Resilience

In today’s fast-paced and uncertain business environment, crises can strike at any time, posing significant challenges for start-ups and MSMEs. Whether it’s a financial downturn, supply chain disruption, or a global pandemic, the ability to navigate through crises and emerge stronger is crucial for the survival and growth of small businesses. In this article, we explore the importance of building resilience and effective crisis management strategies that can help start-ups and MSMEs weather the storm and come out on top.

Understanding Resilience:

Adaptability and Flexibility: Resilient businesses demonstrate adaptability and flexibility in the face of adversity. They can quickly adjust their strategies and operations to address changing market conditions and customer needs.

Risk Mitigation: Building resilience involves identifying potential risks and implementing measures to mitigate their impact. This proactive approach enables businesses to respond swiftly to crises.

Employee Well-being: Resilient businesses prioritize the well-being of their employees, recognizing that a motivated and supported workforce is better equipped to overcome challenges.

The Role of Crisis Management:

Proactive Planning: Crisis management involves developing robust contingency plans before a crisis strikes. This preparation allows businesses to respond promptly and efficiently.

Effective Communication: During a crisis, transparent and clear communication with stakeholders, including employees, customers, suppliers, and investors, is vital to maintain trust and confidence.

Resource Allocation: Crisis management involves smart resource allocation to ensure that critical assets and funds are utilized wisely during challenging times.

Data-Driven Decision Making:

Data Analytics: Leveraging data analytics can help businesses identify early warning signs of potential crises and make informed decisions to mitigate risks.

Scenario Planning: Using data-driven scenario planning, businesses can simulate various crisis situations and prepare appropriate responses for each scenario.

Market Intelligence: Accessing real-time market intelligence enables businesses to stay ahead of the curve and adapt to rapidly changing market dynamics.

Learning from Success Stories:

Airbnb: During the COVID-19 pandemic, travel restrictions severely impacted Airbnb’s business. However, the company quickly shifted its focus to local experiences and long-term stays, showcasing resilience and adaptability.

Zomato: The food delivery platform Zomato faced challenges during the pandemic but capitalized on the increasing demand for home deliveries. The company diversified its services and expanded its reach, demonstrating effective crisis management.

BYJU’s: The edtech start-up BYJU’s adapted to the new normal by enhancing its online learning platform and offering free classes to students during lockdowns, showcasing resilience and commitment to education.

Supportive Ecosystem:

Government Initiatives: Governments can play a crucial role in supporting start-ups and MSMEs during crises by offering financial aid, tax relief, and access to resources.

Investor Support: Investors can provide essential funding and mentorship to help start-ups and MSMEs weather crises and emerge stronger.

Collaboration: Partnering with other businesses and industry stakeholders can create a supportive ecosystem that facilitates knowledge sharing and resource pooling.

Building resilience and effective crisis management are fundamental for the survival and growth of start-ups and MSMEs. By cultivating adaptability, prioritizing risk mitigation, and implementing data-driven decision-making, businesses can navigate through challenges successfully. Learning from the success stories of companies like Airbnb, Zomato, and BYJU’s, we can understand the importance of resilience and innovation during times of crisis. Additionally, a supportive ecosystem, including government initiatives and investor support, can provide the necessary backing for businesses to overcome adversity. As start-ups and MSMEs embrace resilience and proactive crisis management strategies, they can transform challenges into opportunities for growth and success in the ever-changing business landscape.

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Aeroflex Industries IPO: IPO of this steel company is going to open on August 22, business is spread in 80 countries

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Team Happen Recently
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Upcoming IPO The IRPO of stainless steel pipe maker Aeroflex Industries Limited will open for general investors from August 22 to August 24. The issue size of this IPO can be up to Rs 350 crore, which includes fresh issue as well as OFS. The company’s income in the financial year 2021-22 was around Rs 240 crore.

New Delhi, Business Desk. If you are waiting for the IPO to invest in the stock market, then the IPO of stainless steel pipe maker Aeroflex Industries Limited (Aeroflex Industries LTD) is going to open on 22 August. Investors can bid for this IPO till 24 August.

What is the issue size of Aeroflex IPO?

News agency PTI quoted a merchant banking source as saying in its report that the issue size of the IPO could be around Rs 350 crore. There will be a fresh issue of Rs 162 crore and an OFS of 1.75 crore shares.

Let me tell you, the money received under the fresh issue in IPO goes directly to the company, while the money received through OFS goes to the promoters of the company.

What will happen to the money received from the IPO?

The money received under the fresh issue in the IPO will be used by the company to pay off debt and meet the working capital requirement. In addition, some of the money will be used for acquisitions and general corporate purposes.

Aeroflex Industries Business

Mumbai-based Aeroflex Industries manufactures metallic flexible flow solutions products. The company’s business is spread in more than 80 countries along with India, which also includes Europe and America. About 80 percent of the company’s income comes from exports.

Financial Position of Aeroflex Industries

In the financial year 2021-22, the company’s income was around Rs 240 crore. During this period the company has made a profit of Rs 27.5 crore. The listing of the company’s IPO will be on NSE and BSE.

Mark Zuckerberg gave update on cage fight with Allen, said – Musk is not serious about it

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Team Happen Recently
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Zuck vs Musk Mark Zuckerberg has given a new update regarding the cage fight. Mark Zuckerberg is going to quit the cage fight. Although Mark Zuckerberg has written a long post regarding this fight from threads. When the news of this post of Mark Zuckerberg reached even Alan Musk, he immediately made a new post.

New Delhi, Tech Desk. The cage fight between X Handle (formerly Twitter) owner Elon Musk and Meta CEO Mark Zuckerberg is now taking a different turn. The owners of both the popular platforms are giving their answers to each other on their respective platforms.

Mark Zuckerberg has recently posted a new post about this cage fight, after which Musk has given Mark Zuckerberg the tag of a chicken.

Mark Zuckerberg not interested in cage fight

Actually, for the last several days, one post after the other is coming out regarding the cage fight between Musk and Zuckerberg. In this episode, Mark Zuckerberg has shared a new post on Threads.

In this post written for Elon Musk, Zuckerberg wrote that I think Elon Musk’s cage fight thing is a joke, because when I gave him the real date of the fight, he was reluctant.

If Elon Musk really wants to do a cage fight, he knows how to reach me. Now the time has come to end this debate here. I am now going to focus on those competitors who do not take things for granted.

Elon Musk said Zuckerberg is a chicken

When this thread post of Mark Zuckerberg reached Elon Musk, he said a big deal on it in just a few words.

On this post of Mark Zuckerberg, Elon Musk writes that Zuck is a chicken, ie Mark Zuckerberg is a chicken. It is known that Musk is giving his answers regarding cage fight with X handle. At the same time, Zuckerberg is posting the answer to Musk’s words from the threads.

India’s trade deficit decreased in July, imports also decreased by $ 10 billion 

By
Team Happen Recenttly
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trade deficit

Trade Deficit Data India’s trade deficit decreased to $ 20.67 billion in July. It was $25.43 billion in the same period last year. There has also been a decrease in imports and it has decreased by more than $ 10 billion to $ 52.92 billion as compared to the previous year. However, there has been a decrease in exports due to less orders received by exporters.

Import Export Data July 2023: India’s exports have seen a decrease in July and it has come down to $ 32.25 billion. Exports in July last year stood at $38.34 billion. The major reason behind the decline in India’s exports is the slowing down of the global economy, due to which exporters are getting fewer orders from Europe and the US than last year.

The country’s imports will decrease in July 2023 along with exports. It has come down to $ 52.92 billion, which was earlier $ 63.77 billion.

Decrease in trade deficit India’s trade deficit has come down to $20.67 billion in July. It was $25.43 billion in the same period last year. India’s trade deficit stood at $20.13 billion in June this year and $22.10 billion in May.

Exports decreased by 14.5 percent between April and July According to the data released by the government, exports decreased by 14.5 percent to $ 136.22 billion in the first four months of this financial year i.e. April to July. The items exported by India are electronic goods, iron, drugs, petroleum, jewelry and pharma products. 

The export of petroleum products decreased by 11.41 percent and the export of diamonds and jewelry by 3.68 percent on an annual basis. Imports from April to July also decreased by 13.79 percent to $213.2 billion. Commerce Secretary Sunil Barthwal said that global volatility still persists. Due to this, there is a decline in the import and export of many countries.

Tight monetary policies in the world Inflation remains a major problem in all countries of the world. Due to this, interest rates are being increased by almost all countries, due to which the pace of the global economy is slowing down.

Reliance Jio is preparing 2 affordable 5G smartphones! 

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Team Happen Recenttly
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Reliance Jio

Reliance Jio can soon introduce 2 new budgeted 5G smartphones for Indian customers. The devices with model numbers JBV161W1 and JBV162W1 have reportedly been given the seal of approval by BIS on Friday (August 11). It is expected that the prices of the new phones will be less than Rs.10000. Let us know about their potential features.

Reliance Jio is preparing to launch its new and affordable budget 5G smartphone in the near future. As per the information received, 2 Jio Smartphones have received certification from the Bureau of Indian Standards (BIS), indicating an upcoming announcement.

BIS certification confirms compliance with the country’s safety and quality standards. However, no official confirmation has been made by the company regarding this. Come, let’s know about the complete news.

How will 5G smartphones be? According to media reports, devices with model numbers JBV161W1 and JBV162W1 have been given the seal of approval by BIS on Friday (August 11). The new Jio phone will likely feature 4GB of RAM and 32GB of internal storage. They are likely to be powered by the Qualcomm Snapdragon 480 system-on-a-chip (SoC)

The 2023 Jio 5G smartphones are expected to be powered by a 5,000mAh battery with 18W fast wired charging support. For the camera, the phone could feature a dual-camera set-up at the back with a 13-megapixel main sensor paired with a macro camera sensor or a depth camera sensor. On the front, the phone is likely to sport an 8MP camera sensor. The Jio 5G smartphone may feature a 6.5-inch HD LCD display with 90Hz refresh rate. It is expected that the prices of the new phones will be less than Rs 10,000.

Jio Bharat 4G is available in 999 Let us tell you that recently, the company had announced a 4G phone Jio Bharat for Rs 999 to target the vast and less accessible interiors of India. The beta trial for this started on 7 July. With the 4G phone, the company aims to accelerate the migration of 250 million 2G users to internet-enabled phones. Back in December 2022, a Jio phone with model number Jio LS1654QB5 with 4GB RAM and Qualcomm Snapdragon 480 Plus processor was listed on CPU benchmarking platform Geekbench.

5G smartphone may be introduced on this day The Jio 5G smartphone is expected to be announced at the 46th Annual General Meeting (AGM) of Mukesh Ambani-led Reliance Industries on 28 August. RIL Chairman Mukesh Ambani will address this program. In this event, Reliance Jio can also announce new 5G plans and 5G hotspot devices.

Will the verified badge of X be removed by putting tricolor on the profile photo? 

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Team Happen Recenttly
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 Every other user has a question regarding the policy of the popular social media platform X handle (formerly Twitter). Do you also have the same question in your mind that changing the profile photo on the X handle will remove the verified badge, if yes, then this article is going to answer your questions. Telling X’s policy regarding DP removal.

There is a question in the mind of every other user regarding the policy of X handle (formerly Twitter). Do you also have the same question in your mind that changing the profile photo on X handle will remove the verified badge, if yes, then this article can be a new information for you.

Will the blue tick be removed if the tricolor is put on the profile photo? It is the occasion of Independence Day in the country. In such a situation, users using social media platforms like to put the country’s flag on their profile photo.

From Facebook, WhatsApp to X handle (formerly Twitter), users put up the national flag. In such a situation, many X handle users have lost their verified badge along with the tricolor. In such a situation, what does the policy of X handle (formerly Twitter) say?

As per the policy of (formerly Twitter), the verified badge may be removed automatically for some reasons. As per the policy of the verified badge can be removed from inactive and incomplete accounts. Three reasons will be responsible for this happening – If the X handle user removes the photo from his profile, then the verified badge may be removed. 

Similarly, this badge can be removed if the user removes the verified email address and phone number. If the X Handle user makes any changes to his display name, the badge may be removed.

Actually, according to the policy of X handle (formerly Twitter), profile photo, verified email-phone number and display name are necessary for a complete account.

If there is any change in these three conditions, then the verified badge can be removed. According to the X handle (formerly Twitter) help desk, changing the profile, display name and username can temporarily remove your blue tick.

Fostering Innovation: How Incumbent Corporations Collaborate with Start-ups in India

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Team Happen Recently
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Fostering Innovation

Innovation has become a driving force behind the growth and sustainability of businesses in the dynamic landscape of India’s corporate sector. To stay ahead in the game, incumbent corporations are increasingly turning to start-ups to foster innovation and tap into new opportunities. This collaboration between established companies and agile start-ups has become a powerful strategy for driving disruptive ideas and staying relevant in the competitive market. In this article, we explore the ways in which incumbent corporations are collaborating with start-ups in India to foster innovation.

Creating an Ecosystem of Innovation

  1. Open Innovation Programs: Incumbent corporations are setting up open innovation programs that actively seek out partnerships with start-ups. These programs act as a bridge, connecting the resources and scale of established companies with the creativity and agility of start-ups.
  1. Innovation Hubs and Accelerators: Many corporations are establishing innovation hubs and accelerators, providing start-ups with the infrastructure, mentorship, and funding needed to grow and scale their businesses. In return, corporations gain access to cutting-edge technologies and solutions.
  1. Corporate Venture Capital (CVC) Initiatives: Corporations are investing in start-ups through CVC initiatives. These investments not only provide financial support to start-ups but also enable corporations to gain insights into emerging trends and disruptive technologies.

Driving Disruptive Ideas

  1. Exploring New Markets: Start-ups often have a deeper understanding of niche markets and customer segments. By collaborating with start-ups, corporations can gain access to new markets and explore untapped opportunities.
  1. Innovative Technologies: Start-ups are at the forefront of innovation, leveraging technologies like Artificial Intelligence, Blockchain, and Internet of Things. By partnering with start-ups, corporations can integrate these technologies into their existing processes and offerings.
  1. Product Diversification: Collaboration with start-ups allows corporations to diversify their product offerings and stay ahead of changing consumer demands.

Building a Culture of Innovation

  1. Promoting Agility: Working with start-ups encourages corporations to adopt an agile and flexible approach to problem-solving. This cultural shift fosters innovation throughout the organization.
  1. Embracing Risk-Taking: Start-ups are no strangers to risk-taking, and by collaborating with them, corporations can infuse their own teams with an entrepreneurial spirit, encouraging employees to think outside the box.
  1. Nurturing Talent: Start-ups bring fresh talent and ideas to the table. Through collaboration, corporations can tap into this talent pool and foster an environment that attracts innovative thinkers.

Case Studies: Success Stories of Collaboration

  1. Flipkart and Myntra: Flipkart, India’s leading e-commerce giant, acquired Myntra, a fashion e-commerce start-up, to bolster its presence in the fashion segment. This collaboration resulted in significant growth for both companies in the highly competitive online fashion market.
  1. Mahindra and Zoomcar: Mahindra, an established automotive company, partnered with Zoomcar, a self-drive car rental start-up, to explore the mobility solutions market. This collaboration allowed Mahindra to expand its reach in the urban mobility sector.
  1. Tata Motors and Tata Elxsi: Tata Motors collaborated with Tata Elxsi, a technology and design company, to develop innovative connected car solutions. This partnership helped Tata Motors enhance its offerings and improve the overall driving experience for customers.

Collaboration between incumbent corporations and start-ups has emerged as a key driver of innovation in India’s corporate landscape. By creating an ecosystem of innovation, driving disruptive ideas, and building a culture of innovation, this collaboration has unlocked new growth opportunities for both parties. The success stories of Flipkart and Myntra, Mahindra and Zoomcar, and Tata Motors and Tata Elxsi showcase the transformative impact of such partnerships. As India’s start-up ecosystem continues to thrive, incumbent corporations that embrace collaboration with start-ups are well-positioned to lead the way in driving innovation and staying ahead in the ever-evolving market.

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