Suresh Ghattamaneni
Hey hi friends ,
I am Suresh , almost done with my undergraduation(waiting for my results) in mechanical stream at Sreenidhi institute of science and technology(JNTU) ,hyd. Impressed by the way the blog is being run , i have joined this blog and would like to participate in various posts here. Since i am totally a new bee to this blog , i would like to introduce myself elaborately so that everyone will be able to know me.
As a student, my aspirations are always being high . I have completed my schooling in a private school at sainikpuri,hyd. I was always interested in various extracurricular activities such as elocution and debating over many issues. Doing good in academics and other activities , I always tried to be in the top position wherever i am. I was the troop leader during my schooling leading the entire scouts and guides troop of sainikpuri. Engineering life at sreenidhi taught me the importance of hardwork breaking the shackles of over confidence in me. I worked hard for whatever i tried to achieve. While being good at academics, i have presented various papers in several technical festivals in IITs and other reputed universities(JNTU,OU).At the end of second year , i have started doing the projects with some basic level of knowledge that i have. I found the technical club ,named as THE ROBOTICS CLUB in our college as the best platform for me to develop myself. Inspired by the guidance provided by the seniors that we had, i have been successful in completing some of the projects and won applauds from various colleges. By the end of my second year of engineering , i lead the technical team of the most happening technical club of our college. I was successful in guiding many of my juniors in doing good projects and took several electronics and mechanical sessions after college hours. I developed my managerial skills on the same platform through various sources. I successfully handled the post of Human Resources Executive for the most happening technical festival ROBOVEDA, which was the first of its kind which became popular widely later on. In this way , i have proved myself as a leader and built confidence in my juniors as well as seniors that i will be able to lead the club in a successful path. By the end of my third year second semester , for the first time held elections in the college , i was successful in becoming the president of the club comprising of 110 members with the 90/100 votes . Handling the charge as the president of the biggest club in the college was of great pride but came with lot of responsibility ., i was successful in increasing the number of projects being made by the students and was successful in making ROBOVEDA , the resounding success that one can imagine. It was completely handled by students with no involvement of management of our college. I was successful in inviting the project director for India's next missile AGNI V project to our festival for its inauguration. Blessed by great legends such as Dr.R.K.Gupta(Director-AGNI V), Dr.G.V.Rao( A shanti swaroop bhatnakar awardee and selection comittee chairman) , Dr.P.G.Sastry( Vishweshwarayya awardee and project clearance committee chairman then), we have progressed in such a way that engineering colleges in hyderabad openly started saying that Sreenidhi TRC(the robotics club) stood as an inspiration to our colleges. In that way i was successful in leading the club with increased number of projects and activities in the college.
Being one amongst the very few (just three) from mechanical stream(120) being placed in a multinational company like wipro , i completely cater the credit to my seniors and the robotics club of our college.
I have been and i am involved in some of the social responsibilities and participated actively in programs like Lets Vote and was active in blood donation camps .
My future aspirations would be shared in the coming posts where i would need the suggestions of you all.
Thank you.
Hanu Yedluri
I am again trying to bring one more important issue.
Since 2005 Govt had allowed foreign direct investments in Indian real estate and an approximate in flow of $20 billion dollars in the form of debt by financial Institutions. In the back ground again these financial institutions give ratings to the cities of India and give recommendations about the future growth of property prices, which ultimately making people to hurry up to lock the sale deal with the builder. Here is the logic behind this.
Usually when will a buyer buy an item?. When the buyer is in need of it and affordable to buy the item are the right judgments. But in this scenario banks are offering the loans and FII(Financial Institutional Investors) give recommendations saying property prices will go up. So here is the tempting moment for the people who are clever and think them selves as intelligent i.e the so called speculator will come in to picture will tap the loan from banks and buy the property and wait for selling after getting some profits.
Here is the govt’s responsibility will come in to picture. Does the govt really supporting the public /supporting the FII’s ?. Does the property will create any wealth to the nation when the public doesn’t have money / job in hand? Isn’t the provoking done by govt and cheating the public?. If the money loaned by banks is given to small businesses they will create some jobs and in turn it will create wealth for the nation.
But by allowing the FII’s to invest in reality the so called boom made public get rid of farming and come out of cultivation. And the same the Govt’s acquired public land for projects and industries?. Is it the real good things Govt’s doing for the public?.
Now in this whole transaction govt is getting revenue in the form of taxes and builder is making money some how. The real estate created jobs are now out. These jobs became a night mare for the public and these real estate lobbyists in India call for the Govt nod to recognize it as an Industry.
The govt’s minimum responsibility to see there are no abnormal developments in any area. But with this abnormal speculated growth govt’s made public as fools and with the investment information the ruling parties made more money with the speculation at the cost of common people of India. I am hoping that education will give discrimination capability and give better future to the nation.
In the bottom line these realtors are paying the agreed profits to the investors and that money is going out of country. Now in the whole transaction who is getting benefited out of this? . It looks like once the highly regarded Finance minister lost his credibility and trust after he became as prime minister. He turned into a true political leader.
In my opinion now the FII also will not invest money in Real estate and they burnt their hands in USA/UK markets. They will wait till we loose our grip on the property by individual and wait till the builder will loose money. Once the builder started loosing money he will be desperate for investor and ready to hand off the property with a great bargain deal. That’s where they enter and take the control of the whole industry. Between govt and banks will lower the intrest rates and again these guys will start making profits. Here our govt is not doing the controlling role which it supposed to do, bcoz their personal money invested in real estate business. They want some body that can fuel the prices where they can make their personal money.
But in opinion it looks like a cycle to me and this is gambling game is over and people are not ready to get fooled again.
Comments are welcome.
Hanu Yedluri
Friends,
I am happy to inform every one that,Kakatiya got approval for Girls Engineering college from AICTE . Admissions are started for this year. Congratulations to KAKATIYA Educational society & Executive management.
Warm Regards,
Hanu
Hanu Yedluri
India is a country where we depend on agriculture as its main source of our income and almost 60% of public depends on agriculture. Every year rythu cultivate and sells the product to some buyers. Here is the problem the buyers are from marketing yards and private individual investors. Hers is the place does the private individual buyers are paying the taxes for the transaction?. For each produced product in the world there is tax paid by the buyer? Here are the brokers involved in the whole process and does the brokers are cracked for the taxes?. These brokers are the ones who make lot of money and not under govt scan. Even if you consider real estate market brokers too. They are the ones who are always in safe hands without any risks just make money. Buyer and seller are scanned and under track, but the deal maker is not under scan and making lot of money.
Especially during the economy boom time they are the ones who added fuel by raising the prices and tempted the property owner to sell and continued to lure the new buyer and made the buyer as seller again. So over all on a single property more no of transactions ultimately given them more no of times brokerage. But govt is not able to track/scan the money what they made.
Accountability is the key for any country to come out of scams. Where is the accountability in India?. Govt is not taking the accountability irrespective of the rulers. How can we increase the accountability in India? I strongly recommend reforming of the legal system unless we reform the legal system we don’t see any accountability in India. I do see lot of wealthy people want to invest money in India and made some money. But they are least cared about the system. They only know how they can get their things done by bribing the ruling party.
How can the govt’s make these brokers into the system. This is a huge market and lot of money is flowing. Some times these brokers escape with the loads of grains out of the village/mandal.
Does a govt should not be run like a company?. We worked in companies and learned how to make the company successful. But why all our CEO’s and top services heads are not concerned about the future. In America public looked at the successful leaders in companies for saving their lives and they believed the companies will resolve their job worries and a lot, when they lost trust after some scams during 60’s. But after this recession and mess created by companies they started looking at the political leaders now. When we lost belief in political system who is our role models? Does companies are becoming saviors for us.
In India there are lot of boards. For example Housing Board, whose objectives are making sure every Indian will have an affordable home. Its basic principles are using the technology changes, do the R&D and develop the homes for the individuals at the least price. But during the last five years they turned into pets for political leaders to increase their personal money. When TATA’s said they want to construct a house for 4 lakhs, I looked at it as it’s the time to start believing and depending companies CEO’s as leaders. When Dr. Abdul Kalam was elected as president people was very happy. Bu t our leaders want the right people to get out of their way.
Our political leaders are creating Kingdoms for their children. During the last 60 years our law & enforcement came to rock bottom and can we change it?. Can we change the legal system / can we change the leaders of the country?
Especially its alarming that during where the country’s developments are good more criminals are entering into politics. This general elections has became election for muscle power and money?.
How can we bring more accountability in the so called “Public servants”(politicians). How can we bring that change and make sure future will be good for the nation. These kind of tough situations are always there. But this is the time for us plan and fix it.
Hanu Yedluri
All,
I see every one are visiting and walking away. This is the blog we created for our self to understand whats going on around us and how can we improve our self with shared ideas. I am hoping that every body will start writing some things. Sharing your thoughts/openions will always let you think in better way and upgrade your self. I do the same when I was in India. But this is an opportunity for who do hesitate / feel shy,start writing. Don't worry about any mistakes. Even People at the Executive management level also don't know how to present and they even can't think like how you think. So no worries about all that. Start writing your own openions and add your comments to all the posts on the blog. The current situation is freightening for every individual in the world who work. The only way you can save your self is think differently about the bussiness opportunities and think bigger. I am hoping that I will see everyone on the blog.
Yesterday I was browsing news papaer and found TATA's are going to construct house for 4lakhs. Isn't surprising?. Yes but the actuals behind these surprises by TATA's there are young enterprenuer's and TATA's are the highly trusted companies in India. After starting the economic reforms since 1990's in India we slowly moved from traditional govt jobs and education made available for lot of people. Almost during the year 2000's we are able to catch the opportunities and NRI's found India as a palce for investment and grab the opportunity by investing in companies. Now we are almost the end of this 10 yrs period and world is dynamically changing.
This world dynamic changes brought new opportunity with the troubled Auto Industry and troubled Housing industry. But both the opportunites are captured by TATA's in the form of NANO and new 4 lakhs house. So it looks like we are waiting to see the problem with some body and fix it. I am sure Young enterprenures are approaching TATA's in INDIA than any body else. That's the trust in leadership TATA's acquired with their business models through generations. I apprecaite TATA's dedication and making the home affordable.
But we still have lot of burning issues. They are like Gasoline, health care are the major concerns for the whole world. So how can country like India can tackle these situations and what could be the right approach do that.
Very recently there was failure of corporate chain shops in India like Relaince fresh, Heritage fruits.... What was the reasons for the failures of those chain stores. Why they are successful around the world and why they are failed in India.
Is it the time for us to go back and do the farming and lot of vaillage businesses with the help of technical knowledge we aquired?. I believe the way businesses operate in India need to be changed and govt regulations also need to be changed.
I am looking for comments/ideas from every one.
Hanu Yedluri
Friends,
Today is Nikhils's first day at New York(Stern) University for MBA. He came to US 3yrs back and finished his MS and worked for one year. Between he is keen on lot of analysis and did lot of research and submitted two research papers and got selected for MBA by NY(Stern) university with full fund. When I heard first time I was excited. So lets congratulate and wish him the very best. Good luck Nikhil.
Warm Regards,
Hanu
