Saturday, March 4, 2017

SITM

Symbiosis Institute of Telecom Management (SITM) established in 1996, is the pioneer in the field of Telecom Management in entire SAARC region. The institute endeavors to develop World-Class Telecom Business Leaders who can address the needs of a constantly changing business scenario in a technical field, such as telecom, with ease. The institute embraces the spirit of "Vasudhaiva Kutumbakam" which focuses on bridging distances among the members of the world and facilitates cultural exchange amongst the students. The Institute in its 15th year of existence commits itself towards realizing the vision of its founding forefathers.

Objectives of SITM
     To initiate new trends for developing telecom business leaders.
     To harness a strong value system and develop a firm belief in principles of morality and    tolerance towards humanity and environment.
     To encourage dissemination of knowledge by offering an environment conducive to learning and continuous development.
     To develop individual excellence and also become effective team players.
     To provide exposure to globalization through interaction with eminent professionals, alumni, industry and through applied research.

Specialization Offered:

  Systems and Finance

   Marketing and Finance

  Analytics and Finance

Demonetization

On Nov. 8, 86% of India's money was invalidated in an awesome demonetization exertion that intended to wipe out the bootleg market's money supply and fake notes which totally upset the social, political, and monetary circles of the world's second biggest developing business sector. Every one of the 500 and 1,000 rupee notes were quickly voided, and a 50 day time span resulted where the populace could (in a perfect world) reclaim their drop money for recently composed 500 and 2,000 rupee notes or store them into financial balances.

India has done this some time recently. In 1946, every one of the 1,000 and 10,000 rupee notes were reviewed. In 1978, 1,000, 5,000, and 10,000 rupee notes were demonetized.

This current episode of demonetization was arranged in mystery by a little, tight-weave gather drove by Prime Minister Modi, and it overwhelmed the nation like a glimmer surge. This shock was by outline, as it was expected that if the underground market found out about what the legislature was arranging they would discover approaches to quickly dump their unlawful money, and the activity would flounder on one of its at first expressed objectives.

The demonetization procedure has likewise repaired India's falsifying issue for the close to mid-term. It was beforehand evaluated that 250 out of each million Indian monetary orders were fakes. This current winnowing of the main part of the nation's cash in a flash rendered fakes as significant as the paper they're imprinted on. It has likewise been accounted for that the new 500 and 2,000 rupee notes are less defenseless against duplicating, having propelled security highlights — with one report guaranteeing that it will be "unthinkable" for Pakistan (India's falsifying bogeyman) to fake them.

Start-up Project in India

Startup India campaign is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship and encourage start ups with jobs creation. The campaign was first announced by Prime Minister Narendra Modi in his 15 August 2015 address from the Red Fort.It is focused on to restrict role of States in policy domain and to get rid of license Raj and hindrances like in land permissions, foreign investment proposal, environmental clearances. It was organized by Department of Industrial Policy and Promotion. A startup is an entity that is headquartered in India which was opened less than five years ago and has an annual turnover less than 25 crore .The government has already launched iMADE, an app development platform aimed at producing 1,000,000 apps and PMMY, the MUDRA Bank, a new institution set up for development and refinancing activities relating to micro units with a refinance Fund of 200 billion .