DK Kapila The Oracle

Leveraging Government Schemes & Private Grant for Funding Your Venture (Background Note Prepared for The TiECon Chandigarh 2020- 29 February 2020) by Dinesh K Kapila (TiE A voluntary formal body to create an increasingly positive ecosystem for the entrepreneurs and investors). Venture - A new activity, usually in business, that involves risk or uncertainty. (Invitation Kind Courtesy Shri Munish Jauhar, President TIE Chandigarh and CEO Greycell Technologies and Shri Jashinder Bir Singh, Member TIE and CEO Access Infotech). Not all entrepreneurs can straightaway evolve as a Start Up or access Credit on a disruptive scale. The average entrepreneur has a need for simple bank loan products, would certainly benefit from the subsidy if eligible and in due course aim to scale up. The subject as above as suggested by TIE for the TIECON would certainly be applicable to such entrepreneurs. It’s also relevant as not all entrepreneurs / would be entrepreneurs would be able to acce...

Remembering Shri Atma Ram and His Risk Management By Dinesh K Kapila Sitting around and reading up a bit, the mind wandered to Shri Atma Ram. Suddenly. It just went off on a tangent. Theoretically, when we debate Financial Inclusion we discuss financial literacy, savings, credit, awareness about terms and conditions, insurance, pensions and government schemes. Then of course is the ritual pontificating on Going Digital and availability of infrastructure, accessibility of payment channels, affordability, awareness and transforming consumer behaviour etc. As the nation develops, the mode and nature of financial literacy also changes. It can be region specific and could be profiled on the socio economic status too. The process is inherently dynamic and has to be targeted astutely. And in due course as we develop even more and incomes and financial literacy increase, financial literacy would hopefully include Mutual Funds, ULIPS, The National Pension Scheme etc. I would support these ...

Russia DK Kapila The trip to Moscow was a pleasant experience and a surprise. Unlike what the Western Media projects, it is a lovely huge nation with a comparatively small population. Moscow Airport was huge and the changeover to the domestic terminal for the flight to Saint Petersburg was an equally huge task ! Walking endlessly and all sorts of elevators and a train. And I had the most heavenly bakery products at the Airport with the famous Russian Cream as an essential ingredient. I am still missing it as I track every well known bakery at Chandigarh. One thing, Russian Pilots on Aeroflot are somewhat flashy, the aircraft tend to take sharp turns and dips while landing, it can be quite un-nerving ! But the food is good, the air hostesses, smart and elegant, though are in a better mood during the afternoon flight than the night flight, that I must say. Saint Petersburg is oh so lovely and so beautiful. It appeals to the heart and mind and captures one senses. A visitor must...

Entrepreneurship and The Indian Scenario Specially Agribusiness (Based on Notes for the Address at MMU, Sadopur Campus, Ambala District) - Some Inputs, Some thoughts (includes notes fifteen odd years old) By Dinesh K Kapila I have always advocated the concept of entrepreneurship. This is one economic activity which is open to entry, on merit, to a large extent. Concerns of access to finance are certainly there, as specially in rural areas, banks are the only source of finance. However of late, NBFCs and NBFC MFIs have made a presence. Plus the projects are mostly basic and do not attract glamour or attention. Yet they are the foundations of small rural areas and as they add up in mass and scale, they evolve as vital cogs of the economy. Facilitative Government Policies over the years have created a huge core of entrepreneurs across all communities and are leading to many young citizens exploring the option of entrepreneurship. I feel during my interactions a tremendous hunge...