Emails (Others): E COMMERCE IS EASY COMMERCE

E - Commerce is Easy Commerce !

Hindustan Times (16 Nov 2015) quotes Commerce Minister Nirmala Sitharaman as follows :

" The Government is working on the definition of E Commerce to clear the air over issues such as taxation and Foreign Investment

We have got the inputs from States . We are in the process of putting it all together "

Not an easy task to define what is E Commerce ( and what is not ), considering all the possible permutations / combinations ( running into LAKHS of them ! ) , of the following elements :

# NATURE

* A physical " Product " ( Capital Goods / FMCG / Consumables / Perishables )

* A virtual " Service " ( Medical advice / Legal advice / Consultancy / Software etc )

# GEOGRAPHIC SPREAD

* Across National boundaries ( International Trade )

* Across State boundaries ( within India )

* Across Municipal boundaries (within a State )

# SUPPLY- CHAIN / INTERMEDIARIES

* Mfr > Distributor > Dealer > Retailer > Buyer

* Mfr > Buyer

* Any disintermediation in the above chain

# ORDER PLACEMENT / ACCEPTANCE

* In a physical location ( Shop / Store / Office / Factory / Home )

* In a virtual location (Web site/Mobile App/SMS/ Email / Phone / Video Conference )

# DELIVERY

* Physically in a Shop / Store etc where Buyer collects / picks-up from shelf

* Delivered to Buyer's location, thru Delivery Boy

* Delivered to Buyer's location, using a Drone

* Delivered to Buyer on his home-based 3D Printing Machine ( using internet )

# PAYMENT

* Cash against delivery

* Pre-paid / Post-paid Cheque

* Credit / Debit Cards across counter

* Credit / Debit Cards thru online Payment Gateways

* Through Mobile Wallets

* Electronic Bank Transfer

* Using Virtual Currency like Bit-Coins

* Barter of Goods or Services

# FOREIGN INVESTMENTS

* FDI in Manufacturing / Supply Chain / Payment Gateways - Apps- Mobile Wallets

* FDI in Web sites like Amazon - Flipkart - Alibaba - Snapdeal etc ( What percentage ? )

Can you think of any other " Elements " that I have forgotten ?

In any case , given the fact that there can be lakhs ( if not millions ) of permutations / combinations of the above-mentioned elements , one must not attempt to define what is E Commerce ( and what is not ) , by inclusion or exclusion of these elements in definition

Such a complex definition would lead to thousands of court cases involving Governments and each court interpreting the definition , differently !

The only definition that would satisfy ALL of these permutations / combinations , is :

Any exchange of " Value " between any number of parties , involving ,

> Goods or Services , on the part of one party

with,

> Money or its equivalent consideration , on the part of a second party

with or without using,

> Intermediary services , on the parts of any other parties

----------------------------------------------------------------------------------------------------

hemen parekh

16 Nov 2015

B2BmessageBlaster

From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: Friday, November 13, 2015 10:18 AM
To: Hemen Parekh; 'vch-niti@gov.in'; 'tapasya.nair@gov.in'; 'bibek.debroy@gov.in'; 'rc.niti@gov.in'; 'vk.saraswat@gov.in'; 'ceo-niti@gov.in'; 'ks.uma@gov.in'
Subject: RE: TRANSFORMING INDIA

NETWORK OF CURRENCY NOTES ?

( A Mobile App called " BLACK-MAIL " )

-----------------------------------------------------

While inaugurating the International Conference on " Networking the Networks " on Nov 2 , our FM Shri Jaitleyji said :

" Tax evasion and money laundering will become extremely difficult in the next 1-2 years, with the global automatic exchange of information system coming into effect on a real time basis "

To speed up this process and make it truly automatic / real time , I suggest resorting to the following technologies :

# Internet of Things ( IoT )

As each currency note of Rs 500 / 1000 , is getting printed , embed it with microscopic

RFID chips

Besides communicating with each other , these chips will also transmit their existence

location , through internet , to cloud-based servers of Income Tax Department

This will form a " NETWORK OF CURRENCY NOTES ( NoC ) "

You may like to call this Internet of Currency ( IoC ) , a sub-set of IoT !

# Internet Protocol Address System ( IP V 6.0 )

Each Rs 500 / 1000 currency note must be assigned ( at the time of printing ) , its own

unique Internet Address , using IP V 6.0

This IP address should be linked with the unique Serial Number printed on each note.

Since IP V 6.0 , will be capable of assigning " 2 * 10 to the power of 128 ", no of IP

addresses , there is no danger of running out of addresses , even if we decide to extend

this idea to Rs 100 currency notes !

This reform will enable the Central Government / Income Tax Department , to :

* Continuously trace the movement of each of these higher denomination currency notes

* Instantly locate any place ( using Google Map based GPS ) , where there is an

accumulation of more than Rs 1 Crore worth of currency notes

Such accumulation will be made to appear as a TAG CLOUD on the web site of IT Dept,

like thousands of balloons floating on a map of India , capable of being drilled down to

within 1 Sq Meter !

On each balloon , will appear a number announcing , " Amount of Cash here - Rs " !

This will vastly simplify the task of Anti Corruption Dept / Enforcement Dept etc

But then such transparency might lead to break-down of social order / chaos

It may be a better / safer / saner solution for such balloons / tag clouds to appear , on a secret Mobile App , available only to the officers of Enforcement Department ( ED )

You may want to call this app , " BLACK-MAIL " !

Of course , my suggestions may become outdated with the arrival of mobile wallets based CASHLESS SOCIETY , by 2030

In the meantime , should Shri Arun Jaitleyji and Shri Ravi Shankar Prasadji , want this implemented , it can be done in 6 months , at one tenth the cost of MoM ( Mars Orbital Mission ) , ie approx Rs 43 Crores

All they have to do , is to tell the bureaucracy :

" Since we need not depend upon Opposition parties to pass a bill in Rajya Sabha , please go ahead and implement this - in less than 6 months "

--------------------------------------------------------------------------------------------------

hemen parekh

04 Nov 2015

www.B2BmessageBlaster.com

www.hemenparekh.in>Blogs

hcp@RecruitGuru.com

From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: Monday, November 09, 2015 10:49 AM
To: Hemen Parekh; 'vch-niti@gov.in'; 'tapasya.nair@gov.in'; 'bibek.debroy@gov.in'; 'rc.niti@gov.in'; 'vk.saraswat@gov.in'; 'ceo-niti@gov.in'; 'ks.uma@gov.in'
Subject: TRANSFORMING INDIA

Members of NITI Aayog

--------------------------------

Dear Sirs / Madam :

As members of the National Institute for Transforming India , I believe , yours is THE IDEAL FORUM , for interacting with the ordinary citizens , inviting their suggestions and involving them in the process of nation-building

It is with this belief , that I list below , my own suggestions for your consideration

You may or may not agree with my suggestions but an acknowledgement from you will assure me that someone cared to listen

with regards,

hemen parekh

Mumbai

hcp@RecruitGuru.com

(M) 0 - 98,67,55,08,08

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

AGENDA FOR REFORMS

( Source : www.hemenparekh.in > Blogs

www.B2BmessageBlaster.com )

-------------------------------------------------------------------------

TAXATION REFORMS

Jan Dhan Sarjan Yojana

A Virtuous Circle ?

A case for ZERO personal income tax

Central Budget - 2014

To Be or Not to Be ?

Create Wealth to create Jobs

Magic Wand