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

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Thursday 5 October 2017

A CHALLENGE WORTHY OF L&T ?


Prime  Minister’s  Challenge


Addressing a group of Company Secretaries last evening , PM Shri Modi challenged them to help make Corporate India , free of Corruption / Black Money / Tax Evasion ( - not a single “ Shell Company “ ) , by 2022


In his speech , Shri Modi listed a series of steps taken by his government during the past 3 years , to achieve this goal


He left out any mention of the following step , which somehow also got scant coverage in the media

=====================================================

Economic Times [ Oct 01 2017  ]  carried following news :

“  L&T Infotech bags $100 mn contract to help pin down tax evaders  “

The ambitious initiative to use social media analytics to identify tax non-compliance is a $100-million project for the Infotech arm of engineering giant Larsen & Toubro, according to a company official. 


That is really advanced analytics. Now, that is like a $100-million deal for us. It's not a small deal," L&T Infotech chief executive and managing director Sanjay Jalona told

Terming the work awarded by the Central Board of Direct Taxes as a "high volume digital deal", he elaborated that the project involves creating a 'semantic web' where web pages are structured and tagged in such a way that can be directly read by the computers. 


"We are creating a systematic web on a person. If his wife is going to the Seychelles and putting photos on Instagram, we will capture it ... that is really advanced analytics," Jalona said. 

It can be noted that in its efforts to shore up tax collections in a country with among the lowest tax to GDP ratios among its peers, the government has decided to use the best that data analytics offer 


Who would think that  ICSI  would find an Engineering Giant as an ally in taking up the Challenge thrown by Shri Modi  ?

 


I have only a vague idea of the contour of the “ Semantic Web “ that Shri Jalona has in mind


To me , such a “ Semantic Web “ ( of a person ) would consist of :

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#    KARMA………. (  Action  )

   All over the World , CCTV cameras are catching the ( evil – dishonest – law breaking ) ACTS of the people through pictures /   videos

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#    VACHANA …. (  Spoken /  Written Words  )

   L&T Infotech is apparently planning to “ capture and analyse “ , every Indian’s “ Social Media
   Existence “ , to decipher the “ Database of Evil Intentions

=========================================================


#    MANA………  (  Unexpressed  Thoughts  )

     If Shri Sanjay  Jalona wants to “ Exceed the Expectations “ of the customer – CBDT – then
     he may want to go ahead and develop “ Semantic Web – V 2.0 “ , by implementing :

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     Fast  Forward  to  Future – 3F  [  20  Oct  2016  ]


===========================================================

But Shri Modi’s journey ( - to eliminate Black Money / Corruption ) does not end with this “ Semantic Web “ project


It is only a matter of time , before you hear of the following   MILE STONES  of that journey :



How  to  go  Cashless  ?   [  27  Nov  2016  ]



Network  of  Currency  Notes  ?  [  03  Nov  2015  ]


==================================================================================

Currency  Maps  of  India  ?  [  08  May  2016  ]


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Oracle  has  Spoken   [  25  March  2016  ]



Fak – e – Mon   [  17  July  2016  ]



The  March  of  Algorithms  [  05  July  2016  ]






India has been proud of L&T’s capabilities in developing  its PHYSICAL  INFRASTRUCTURE

Soon , we will all be proud of L&T’s miracle in constructing  our DIGITAL INFRASTRUCTURE   !

05  Oct  2017

  



With Regards,

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


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