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Book Review: SUBTLE: Love and Its Afflction

The Book is written by Deepika Bhardwaj, who is a MBBS student at Rama Medical College, Hapur is a collection of Poems. As the Title ‘ SUBTLE’ suggests, celebrates every aspect of Love from falling in Love to falling apart. The poem although short, touches upon a different emotions on every page.

The writer Deepika Bhardwaj, just 19 years has successfully co-authored three other books namely, ‘written in Protest’, ‘Coming of Age’ and ‘Aesthetics’ and the flair was relished by the readers.

Her first solo book ‘SUBTLE’ authored contains only short poems on topics crucial to gender equality, communal harmony, Love and Emotions. Deepika Bhardwaj, grand-daughter of renowned journalist/ writer Late Sh 

. Ramesh Chander Sharma has a knack for writing and being a author was always on her bucket list and it eventually became a reality.

While going through her poetry book, one may feel lost by the simple words used and the deep meaning. The Book ‘SUBTLE’ is a collection of poems and celebrates romance, capturing the essence of modern day relationship and struggles one goes thorugh to keep up with them. From falling in Love to falling apart, from insecurities and confusion, to acceptance. It touches upon a different emotions on every page.

I would strongly recommend reading this book for poetry lovers. One can buy the book available on:

http://www.amazon.in/dp/8194932432

hptt://inkfeathers.com/shop/books/subtle

for Rs. 220/- only

Land Rights, Stamp Duty Problems Need Solution: Tarun Bhardwaj

Tarun Bhardwaj is a doyen in the business and industry sector of Noida, the business hub of Uttar Pradesh and part of the National Capital Region.  As the President of the Federation of Noida Industries (FNI) Bhardwaj helms more than 8000 industry units in Noida ranging from manufacturing to real estate.

Sri Bhardwaj is also the national coordinator of the All India Congress Committee (AICC).  In an interview with Kanika Singh, Editor of Today's Economics, Tarun Bhardwaj draws a big picture of Noida’s business and industry and looks at its growth potential, investment scenario, challenges, pain points, revival efforts in the post Covid period, with observations on recent economic initiatives at the policy level. Excerpts..

What positive impact Federation of Noida Industries has been able to bring into the member industries?

You see, the Federation of Noida industries (FNI) has been conceived as a federal organization of Industrial Associations covering the entire Noida including Greater Noida. It was formed by the convergence of six founder organizations. Today FNI represents more than 8000 Small and Medium Industries; 1200 members; 15 Office bearers; 8 Executive Committee Members and 27 sector representatives.

FNI is one of the pioneer industry Associations in India. FNI works not only for the welfare and benefit of the member Industrialists but also takes up causes of Noida residents as well to raise them at relevant forums. 

 

Established in 2009, FNI has succeeded in becoming a unified platform for a plethora of different industry associations to foster cooperation among fellow Industrialists/ entrepreneurs to create an ambiance of growth and productivity. 

There had been many industry associations. The initiative was to bring most of them under a single umbrella rising above vested interests to pursue common goals and strategies to attain higher business growth.

 

Was it also a compulsion that bigger chambers like CII, FICCI, PHDCCI were not giving due attention to Noida industries?

 

Not like that; they operate on a pan-India basis and international level too. Their fees and entry norms are also high. The big chambers will find it hard to take up the local problems unlike a local density like our association does. We deal with many layers of state authority including CM, DM, Mandal levels. Exporters are also part of our trade body and include handicrafts, carpets, garments segments.

 So, what is the main yardstick in enlisting industries under FNI? 

 

The main yardstick is a preference for manufacturers. However, we have enlarged the norms of entry, and we have members from hospitality, real estate, healthcare, IT, ITE services including KPOs and BPOs. But currently, traders are not part of the FNI. 

 

How does the FNI intervene on behalf of Noida businesses and interface with authorities? 

 As an association we take up issues; hold protests, sit-ins and meet up with the authorities. Being a federation we have better access to most offices. We are also well networked with industry bodies in other states which approach us for guidance on investments, contacts, and other forms of facilitation. 

 

What are the main pain points for Noida industrialists?

 The two major problems are land ownership rights and stamp duty and property transfer charges. Noida, although established in 1976 continues the leasehold pattern when it comes to land ownership.

 

Plots are offered on 90 years of the lease. The circle rate of Noida is too high and the lack of freehold title has hurt investments. We have brought this matter before the state and central governments several times but a solution is still out of sight. We demand land ownership and conversion of land holdings to freehold. That will also erase many corrupt practices.

 

Next big problem is stamp duty. If a person is running a private limited company and wants to transfer shares or part of the company, he has to pay stamp duty. This is unjustified and is unfair compared to the stock market where companies with the authorized capital transfer thousands of shares every day with out any burden of paying stamp duty. 

Do you mean the governments are not industry-friendly?

 The approach to businesses needs a timely change. Inspector raj continues. For example, if there is a GST number, it is mandatory to show the turnover and HR investments like PF, ESI, etc. Labour laws are rigid and many small units are under constant pressure.

 

Certainly, business friendliness needs to improve in many states. Compared to farmers who get free electricity, fair price, and other sops, businessmen are looked with suspicion as if they are looters. 

 

For small industries how good is the support of FNI umbrella?

Many small-scale units are struggling from the lack of capital, talent, and the effects of mechanization and automation.

Capital crunch is a big problem with many small industrial units. We hold periodic meetings with bankers and explore options for soft loans and bridge loans. But lenders make their eligibility assessment for loans and other forms of lending based on the asset levels and paying capacity of individual units.

 

The situation is acute after many industries lost two financial years because of the pandemic. Some of the hardest-hit industries include the printing industry, travel, among others. 

 

What is the outlook on Noida's business?

The outlook is very bright and upbeat. As far as Noida is concerned, the Garment sector is one of the top sectors and the emerging apparel park will boost its global imprint. Incidentally, Gautam Budh Nagar has garments as the main product to promote under the One district and One product campaign.  

 

Now the defense corridor is coming up. Noida is also known for IT, Electronics, construction materials, auto sector components, OEMs, and the hub of media offices in NCR. The upcoming Film city will further transform the region. 

 

Is there is a solution to address the weakness of small industry?

 Many small SMEs are not strong ventures at all; they are just one-man shows and cannot run viable businesses with a Rs 25 lakhs investment. The way out is the strong and rational categorization of businesses based on the capital base with steps for extending rightful incentives for each sector.  

 

The Covid-19 phase is almost out; is FNI planning any major events?

 We are planning to organize a huge buyer-seller meet in Noida.

 

How will the upcoming Jewar airport go to help Noida?

 The Jewar airport is expected to give a huge boost to business and industry. The proximity to the airport will have a positive spin-off for all segments of the industry. There will be a big jump in investments and higher growth is anticipated in tourism, logistics, trade, lifestyle, and demand for services. When spending increases the state will also get more revenue. 

 

What is the vision of FNI for the coming years?

 We are looking to expand on a Pan India basis. We have a presence in NCR and many northern states. In many places, state presidents have been appointed. The membership drive is doone via events and word of mouth. 

 

What do you think as your major contribution to the trade body?

 I am in the second term. I believe that many of the teething issues like shortage of manpower and funds etc have been addressed via direct membership that helped big industries to join our forum.

 

Were GST and demonetization a loss or gain?

 No gain or loss. All segments and sectors of the industry have to fall in line with larger goals. In GST the consumer is paying a bit more. Maybe the clamour against GST has more to with the reluctance in paying taxes. Apart from political rhetoric, the industry has not blamed GST in any manner. 

But you had been criticising the toll tax collection in highways. Why is it so? 

 Taxation is fine but it must not appear as extortion. On most of the new highways people are paying huge toll tax. Vehicle owners have already paid their road tax to ply vehicles on highways. The toll tax comes to about Rs 2. 5 per km. But the elite does not pay toll tax who include ministers, MPs, MLAs, officials, etc. It appears that only the common man including the business and trade class has to pay this. There must be only one form of tax. If you are collecting toll tax, you do that after abolishing road tax and make toll tax applicable to all without exemptions.

 

I have raised this matter with Sri Nidhin Gadkari, Union Minister for Transport. The corpus of road tax comes to around Rs 50, 000 crore a year and that is good enough to build excellent roads without squeezing commuters via predatory taxes. 

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