Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.

There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Saturday, 30 April 2016

RE: COLLABORATIVE ECONOMY


Dear Rachel,

I just finished reading your book ( What is mine is Yours ) and felt inspired to send out attached emails to thousands of Indian software professionals and Start Ups

On page 60 you write :

" Gallop just turned fifty when we were writing this book . She is a living example of how the values of the Millennial generation are in no way confined to a certain age group "

At age of 82 , you may want to include me in those " living examples "

Then on page 73 you write :

" It is not just physical goods such as cars , bikes , and used goods that can be shared , swapped , and bartered . People with similar interests are banding together to share and exchange less tangible assets such as time , space, skills and money , what we call collaborative lifestyles "

I suppose , I would fall in this category

I believe your book should be made a mandatory reading in colleges around the World

You can make a beginning by sharing it to ALL by FREE downloading from your web site

In Jainism religion , there is a " Vow / Practice " called " ASTEYA ", meaning :

" To use only as much of anything as required for bare survival "




Warm Regards,

Hemen Parekh

(M)=91 – 98,67,55,08,08


From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: Wednesday, March 30, 2016 5:06 PM
To: 'rachel@rachelbotsman.com'
Subject: COLLABORATIVE ECONOMY

Dear Rachel,

Just read your interview in MINT ( 29 March 2016 )

I also visited your web site

In this connection , i reproduce below , my own concept of collaboration between job portals of the World and some other agencies , to share job related info

I would appreciate your comments / views on my proposal , if you find some time from your busy schedule

with regards ,

hemen  parekh
 Mumbai , India
( M ) +91 - 98,67,55,08,08
---------------------------------------------------------------------------------------------------------------------------



FW: P2P LENDING REGULATIONS


Warm Regards,

Hemen Parekh
(M)=91 – 98,67,55,08,08

From: MAHESH GUPTA [mailto:chanakyagupt@gmail.com]
Sent: Saturday, April 30, 2016 9:42 AM
To: Hemen Parekh
Subject: Re: P2P LENDING REGULATIONS

Pl DND me, delete my mail id 
Thx 
Zee News

Sent from my iPhone

On 30-Apr-2016, at 09:29, Hemen Parekh <hcp@recruitguru.com> wrote:
PS :

#  Globally , loan default rate for P2P platforms is under 1 %

#  My suggestion ( to enable FDII ) has the potential to bring back those
    $ 501 billion that Indians have secretly stashed abroad ! No rocket
    science here !

#  FDII will raise that number of Self Employed , enormously

#  FDII will turn India into a " Low Cost Economy " , thereby boosting
    exports and taking GDP beyond 10 %



Warm Regards,

Hemen Parekh

(M)=91 – 98,67,55,08,08


P2P  Lending  Regulations

Reserve Bank Of India ( RBI ) just released a " Consultation Paper " on P2P lending . Suggestions have to be submitted by 31 May


This paper suggests some guidelines for regulation of this brand new industry , which boasts of some 30 online lending platforms , 20 of which , got launched in 2015


Total lending on these platform in last 2 years, approximates Rs 27 Crores


I have no idea as to the number of lenders and number of borrowers


As against this , the cumulative total loans taken by some 630,000 borrowers from some 900,000 lenders in China , add up to Rs 11,000 Crore from 2600 , P2P platforms !


I had only a cursory glance at the RBI guidelines but could not find answers to following questions :


Can " Companies " register on P2P platforms as either Lenders or as Borrowers ?


I suppose , RBI's  answer would be " NO " - even if it is a Peer-to-Peer transaction between two entities ( bypassing the regular middlemen ie: Banks )


Would that proscribe tiny " Start Up Companies " to join P2P platforms ?


Somehow , that does not sound right  !



Can American / European / Japanese citizens become lenders on Indian P2P platforms and lend money to Indian borrowers ?


Once again , I am afraid , RBI will say , " Sorry , No ! "


Of course , it is safe to say, " No " since RBI does not want P2P phenomenon to " disrupt the existing banking channels "


Reason ?


Countries of the world making up almost 56 % of World GDP , have 0 % - 1 % interest rates ! That covers America / Europe / Japan


In some cases , there are NEGATIVE interest rates , meaning :


Instead of earning an interest when you put your money in Fixed Deposit in those Foreign banks , in these countries , banks will charge you a small fee to " safe-keep " your money !


And banks will pay YOU some small amount for taking out loans  !


Given this scenario , it is to be expected that rich citizens of these foreign countries would just LOVE to become lenders ( to Indian borrowers ) and earn , even as low as  5 % interest , on Indian P2P platforms  !


And Indian borrowers would LOVE to take loans only from such FOREIGN lenders who have very LOW expectations by way of interest !


Remember that today , an Indian borrower would pay around 15 % by way of interest to an Indian Bank for short term loans


As against this , the " Average interest rates " on P2P platforms hover around 8.6 % globally


So allowing Foreign individual citizens to register as lenders on Indian P2P platforms , would result in a win-win situation for both !


Who knows , the amount of foreign funds arriving into India through this route ( call it FDII - Foreign Direct Investments to Individuals ) , could even exceed FDI  !


Remember that , in the past 15 months , total loans disbursed by Indian banks under MUDRA yojana  , add up to mere Rs 1.5 lakh*crore to some 5.75 crore " Self Employed " who provide jobs to 12 cr persons !


FDII (through P2P platforms) can bring in 10 times  that amount in 1 year !


And then , do our banks deserve any sympathy , with their Rs 7 lakh*crore of NPA , which they want the tax-paying Indians to make good through re-capitalization ?


Is it not about time when , if the Indian banks , could not / would not make themselves obsolete , then someone else did ?


Hiding their heads in the sand is not going to save them from the coming storm  !

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

www.hemenparekh.in  /  blogs

30  April  2016

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

hemen  parekh


Marol , Mumbai , India


( M ) +91 - 98,67,55,08,08


Friday, 29 April 2016

MY VISIT


Nitin,

I refer to our telecon yesterday

As suggested , I will visit your office next Friday ( 6th ) at 10 am , to take a final look at B2B's mobile friendly version

If there are no major corrections , you promised to re-launch on Monday , 9th

hemen  parekh


Marol , Mumbai , India


( M ) +91 - 98,67,55,08,08


Revenue Model for Start-Up Web Sites


Revenue  Model  for  Start-Up  Web Sites

To figure out what should be the Business Model / Revenue Model for your proposed web site :

*  Read ,  "  Allow  Me  to  Share " in my blogs at... www.hemenparekh.in

*  Look up following  87 web portals listed in book ;
    What  is  Mine  is  Yours  { Author : Rachel Botsman }

If you think I can be of any help ,
*  write / phone :  hcp@RecruitGuru.com  / (M) 0 - 98,67,55,08,08

Regards,
hemen parekh
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Airbnb   /  Zipcar   /  Craiglist  /  eBay  /  Swaptree  /  OurSwaps ( for sale )  /  FreeCycle  /  ReUseIt  /  Zilok  /  BarterCard  /  Zopa  /  U-Exchange  /  threadUP  /  SharedEarth  /  CouchSurfing  /  Prosper  /  RoomoRama  /  RelayRides  /  GetAround  /  Whipcar  /  Wikipedia  /  Flickr  /  Digg  /  Youtube  /  Etsy  /  Facebook  /  Jumo  /  Meraki  /  KickStarter  /  MeetUp  /  Wordpress  /  Twitter  /  MySpace  /  Linux  /  ClickWorkers  /  Shareable  / IfWeRantheWorld ( Find my project here )  /  CitizenSpace  /  HubCulture  /  DaveZillion  /   IthacaHOURS  /  UrbanGardenShare  /  LandShare  /  BrooklynSkillShare  /  NeighborhoodFruit  /  ParkatmyHouse  /   LendingClub  /  BIXI  /  TechShop  /  YardShare  /  Shelfari  /  Linkedin  /  NetFlix  /  RentaToy  /  ToyRentalClub  /  BabyPlays  /  BagBorroworSteal  /  UsedCardBoxes  /  Virgance  /  RoofTopFarms  /  OurGoods  /  LETS  /  VEN  /  HatFactory  /  WeCommune  /  NeighBorrow  /  BrightNeighbor  /  NeighborGoods  /  rBlock  /  GoGoVerde  /  ShareSomeSugar  /  SkillShare  /  CoWorking  /  GlobalFreeLoaders  /  TradeSchool  /  SchoolofEverything  /  Skype  /  PlentyofFish  /  Tumblr  /  CloudBreak  /  Designer  /  FractionalLife  /  GoLoco  /  GoGet  /   GrowingChefs  /  ITEX  /  ToolLibrary  //



hemen  parekh


Marol , Mumbai , India


( M ) +91 - 98,67,55,08,08


Thursday, 28 April 2016

RE: ORACLE HAS SPOKEN


Dear Shri Javadekarji,

Problems of garbage and environment degradation can be solved quite easily if only we harness the powerful human instinct of GREED , to overcome indifference and lethargy !

I hope my following blogs appeal to you

hemen parekh

Mumbai / hcp@RecruitGuru.com / (M) 0 - 98,67,55,08,08

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

Wednesday, 27 April 2016


Disposal of garbage ( wet and dry ), is a big problem for all Municipalities


In Mumbai , it is a daily 8,000 ton problem


Despite a large fleet of garbage collection trucks and thousands of municipal employees ( including employees of contractors ), streets remain littered and garbage dumps keep overflowing ( when not burning ! )


All kinds of solutions have been attempted in the past to solve this problem, without much success


This is because current perception of the garbage generating households ( and of the office bearers of the housing societies ) , is :


 *  Garbage collection / disposal is Municipality's responsibility


This problem will persist till we succeed in changing this perception to :


Garbage disposal is our responsibility "



This change of attitude can be brought about by " incentivizing " the members of the Housing Societies


Here is how :


*  The society where I live ( Marol / Mumbai ) has 200 Members ( flats )


*  Each member pays monthly Municipal Tax of ( approx ) , Rs 600


*  That translates to Rs 1.2 lakh per month ( Rs 14.4 lakh / year )


*  In 5 years , Society pays to Municipality, Rs 72 lakhs


*  Govt / Municipality to make it compulsory for each big society ( size to be
    decided ), to install on its premises :


    #  Methane gas generating plant or Compost Fertilizer plant

         (  to take care of wet / organic garbage )


    #   Water recycling plant ( to filter and reuse water from shower / wash
          basin / kitchen sink for toilet flushing purpose )


    #   A Compacting Press for dry waste ( paper / bags / cartons etc )



*   Towards installation of such plants , Municipality to give a discount of
     25 % to the Society in monthly taxes , for a period of 5 years


     That is a rebate of Rs 150 / month / flat for 5 years


     This would work out to a saving of Rs 18 lakh ( 25 % of Rs 72 lakh )


*   This amount should be sufficient for the Society to invest in these plants
     and for paying wages for persons needed to look after their operations




I believe such a positive incentive will motivate most of the Societies to undertake to install such facilities



As a negative incentive , Govt / Municipality should levy additional surcharge of 25 % on the monthly taxes ( ie raise to Rs 750 / month in our case ) to those societies which fail to implement this scheme within ONE YEAR of notification



It is high time citizens are involved and motivated ( through negative as well as positive incentives ) in keeping their cities clean and its environment pleasant



I am sure such an experiment will find a far better response from the public as compared to the ODD-EVEN scheme of Delhi ( which too will succeed when Delhi-ites find plenty of Public Transport )



Incidentally , Shri Arvind Kejriwal and his team should study ( without sending a delegation abroad ! ), the " Share - a - Bike " taxi scheme ( BIXI )
which has successfully solved the traffic congestion problem in Montreal


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


www.hemenparekh.in  /  blogs

27  April  2016
   
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Thursday, 31 March 2016
From Waste to Wealth ?


On 29 March 2016 , the Environ Ministry ( Central Government ) notified ,

" The Construction and Demolition Waste Management Rules "

On this occasion , environment minister , Shri Javadekar said :


*  It is an initiative to tackle effectively the issue of pollution. Without any rules, it is dumped in open spaces , drains, rivers, forest areas, landfills and roadside


The basis of our new rules is recover , recycle and reuse



We can make tiles , pipes from it



Segregating construction and demolition waste and depositing it to the collection centres for processing will now be the responsibility of every waste generator  "




Dear Shri Javadekarji :



Your initiative to reuse construction / demolition waste has the potential to solve the problem of constructing 50 million " affordable homes " by 2020



And , I think , the Chinese firm WinSun Design Decoration Company, should be made an EQUITY partner in a SPV to construct these homes



Here is why :


 #   On 29 March 2014 , WinSun constructed 10 , 3D printed houses ( 200 sq meter each) in Shanghai, each costing $ 4,800 (approx Rs 3 lakh)




#    On 17 July 2015 , using its 3D printing technology , WinSun built a 2 storey villa , in just 3 HOURS  !




#    WinSun holds  98  patents for CONSTRUCTION MATERIALS



#    For 3D printing of houses , WinSun , mostly uses recycled construction materials



#    3D HOUSE PRINTING TECHNOLOGY  saves :


      *    30% -60 % of building materials


      *    70 % of production time


      *    80 %  of construction cost




#   Egypt Government has placed on WinSun , an order for supplying 20,000 pre-fabricated , 3D printed houses



#   In Egypt , WinSun will establish 12 Dream Factories ( to build pre-fabricated houses ) , within 2 years



     These factories will mostly use  DESERT SAND  as its main construction material , which was found ideal for 3D printing of houses




#   In next 3 years , WinSun will set up ( in JV with local parties ) , similar factories in 20 countries , including Saudi Arabia , UAE , Qatar , Mexico , S. Korea , Russia , Morocco , Tunisia , and USA



With the current slowdown in economies around the world and in the Chinese economy in particular , I think WinSun should be more than happy to invest in India


What Fox Conn is doing to transform the Electronic Industry in India , I believe , WinSun can do for the Construction Industry


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


01  April  2016

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


Monday, 21 March 2016

Discourage Plastics : Encourage Greed


Two days back, the Centre notified stringent plastic waste management rules to regulate use of the hazardous material and handle the waste generated by it

These include :

*  Banning of plastic bags of less than 50 micron thickness

*  Manufacturing / use of non-recyclable multi-layered plastic to be phased out in 2 years

*  Manufacturers of products using plastic wrapping materials will have to pay prescribed
    fees to States. Collected funds will be disbursed among civic bodies and gram panchayats
    for taking measures to dispose off plastic waste


No doubt , such measures were long overdue and must be welcomed , although I have serious doubts whether our corrupt bureaucracy will strictly enforce these or use these as one more means to extort bribes from manufacturers / retailers / users  !


SOME  BACKGROUND  STATISTICS :

*  India generates 15,000 tons of plastic waste everyday

*  6,000 tons remain uncollected and get disposed off in hazardous manner

*  There are approx 8,000 plastic recycling units ( half of them , unregistered )


MISSING  ELEMENT  :

Abolish Corporate Income Tax for all plastic recycling units for next 10 years  !

Let GREED take over GOVERNING  !



WHAT  CAN  WE  EXPECT  ?


Within a year , another 10,000 plastic recycling units will come up


*  100 % of plastic produced will get recycled


*   These units will mobilize lakhs of  " Plastic Rag Pickers " to collect every small scrap of
    plastic from every nook and corner of every street in every city,  leading to Swatchh
    Bharat  and self employment !


*   Recycled plastic will get used to build strong / long-lasting road surfaces


*   Some recycled plastic will be used as raw material for mass-producing of  3D printed
     houses , solving problem of 50 million " Affordable Housing " (ask WINSUN of Shanghai )

     ( This is the kind of innovations expected from our National Science Laboratories )


WHERE  ELSE  CAN  WE  TRY  THIS  ?

*   Abolish Corporate Income Tax ( for 10 years ) for all plants / units , producing Methane
     Gas using organic waste from household / hotels / restaurants

      
*   All municipalities and gram panchayats to allow such privately-owned Organic Waste
     Processing / Gas Producing units to collect such waste from all the streets , free of cost


*   Municipalities will save hundreds of crores of rupees in Garbage Collection


*   State Electricity Boards will set up Gas based Power Plants , next to these units and buy
     the gas for power generation


If this suggestion is implemented , we would have SWATCHH  BHARAT in 2 years


And , we would have harnessed human GREED ( viz: avoid income tax ) of our Start Ups to solve the problem of pollution


No more fires in Deonar dumping ground  !


I hope Shri Prakash Javadekar-ji is listening

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


22  March  2016






From: PRAKASH JAVADEKAR [mailto:pjavadekar@gmail.com]
Sent: Sunday, April 24, 2016 7:22 PM
To: Hemen Parekh
Subject: Re: ORACLE HAS SPOKEN

Good.

On Saturday, March 26, 2016, Hemen Parekh <hcp@recruitguru.com> wrote:
Oracle  has  spoken

 
WHO   IS  THE   ORACLE ?


has a bachelor's degree from IIT Kanpur , his master's from Carnegie Mellon University and his PhD from the University of California , Berkeley

He has authored more than 75 academic papers in Computational Geometry, Sensing, Radio Frequency Identification ( RFID ), Automation and Computer Aided Design

He also serves on the boards of GS1 , EPCglobal , several start ups and edX , the not-for-profit set up by MIT and Harvard



He sent me following email on 25 March 2016 , after reading my suggestion below :

Dear Mr. Parekh,

Yes, placing tags on money has certainly been considered in the past.

I think it is a matter of time before it happens.

I do agree with your idea

Having said that, as more and more transactions become digital (credit cards, bitcoin, Adhaar card, etc.) the need for tracking cash goes down — ironically as our ability to track it increases.

-Sanjay
 Sanjay Sarma , 35-206 MIT. 617 253 1925 (T). 617 253 7549 (F).
 Email : 'SESARMA@MIT.EDU'
------------------------------------------------------------------------------------------------------------------------------------------
WHAT  DID  I  SUGGEST  ? 

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 sensors
     Besides communicating with each other , these sensors 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 !
Here are the most important BYE - PRODUCTs :
*   No more possibility of fake / forged / counterfeit , currency notes !

*   Plastic currency notes will last 10 times longer !

    
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

Of course , RBI will need to allow 6 month's time to the owners of current paper currency notes of Rs 500 / 1000 , to get these exchanged with new plastic notes before withdrawal of the old notes from circulation

Now , would not that distribute the hidden , unaccounted wealth ! - a welcome fall out  !

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 "

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


26  March  2016



Warm Regards,

Hemen Parekh

Mumbai

(M)=91 – 98,67,55,08,08 / hcp@RecruitGuru.com



--
Yours truly,
Prakash Javadekar,
Minister of State (IC) for
Environment, Forest & Climate Change
Govt. of India