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

Wednesday, 2 December 2015

GET OUT OF THE WAY !


GET   OUT   OF   THE   WAY   !

When Shri Modiji went to USA in Sept last , he visited Mark Zuckerberg ( Facebook ) and Elon Musk ( Tesla )

Idea was to learn / find out :

How to go about creating a " Start Up Culture " in India - similar to one prevailing in USA ?
What shall NDA Government do to encourage hundreds of Start Ups to spring up in India ?

We may never know what exactly they told Shri Modiji

But , we can guess that it was somewhat along following lines :

"  Let them alone .  Get out of their way . "

My Suggestion :

"  Enable them to start their ventures with just ONE / SINGLE / ONLINE registration , on web site of Income Tax Department by entering their Aadhar Number / Jan Dhan bank a/c Number , in order to get exempted from Corporate Income Tax / Personal Income Tax , for 10 years "
  
If such advice sounds somewhat " Out of this World " , here is proof of how US government goes about encouraging American Start Ups , by " Getting Out of the Way "

By reversing decades old Space Law , last week , Barack Obama signed a bill that will allow Private US companies and US citizens ,  to mine asteroids / mine resources out of them / own the mined materials they find etc  !
Would you say, a giant step for " Mankind "  or for  " American Start-Ups " ?

Idea is to :

*   Get rid of unnecessary regulations
*   Make it easier for private American Companies to explore Space-Resources commercially
*   Unleash America's imagination :  De-limit America's horizons

What should be a simple " definition " of a Start Up in India ?

"  Any person who is not a salaried employee of another person or Organization and wants to become self employed  "

If my suggestion gets implemented , none of those 12 million Indians joining our work-force every year , would want a salaried job !

If you cant explain it simply, you dont understand it well enough.
-          Albert Einstein

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hemen  parekh
02  Dec  2015




   




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